Even though they are both issued by the Binance crypto exchange, they are fundamentally distinct and serve different functions. Binance Coin (BNB) and Binance USD (BUSD) are not the same. It is important to differentiate between the two assets.
In the Binance ecosystem, another digital asset exists called the Binance Dollar or Binance USD (BUSD). During its all-time high (ATH) date, it reached a market valuation of $103 billion. BNB is now ranked among the five most valuable digital assets with a market cap of over $55B. An investment of $1,000 during its Initial Coin Offering (ICO) in July 2017 would have multiplied to a massive $4.5 million as of May 2021, when the coin reached its current all-time high.įew other coins have seen such return on investment ( ROI) multiples over their lifetime. Introductionīinance Coin (BNB) has been one of the most profitable investments of the last 4 years in the cryptocurrency market, registering returns of over 450,000%. All of the information that a crypto investor would need before buying their first BNB coins.
#Bnb binance how to#
We discuss its history, benefits, uses, how to buy and how to store the coin. This guide takes a deep dive into the world of Binance Coin (BNB), the native digital asset of the world’s leading cryptocurrency exchange Binance.
0 kommentar(er)
