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The Binance Coin (BNB) is one of the largest types of cryptocurrencies, fourth only after Bitcoin, Ethereum, and US Tether. It’s used widely on a number of platforms, including FAMEEX, and as of September 2021, Binanace coin has a USD71 billion market capitalisation. If you’re a cryptocurrency investor, it’s good to keep your eye on this rising altcoin and to stay updated about any news of its changes in value!
The Binance Coin (BNB) was created to support the Binance Exchange. It’s a utility cryptocurrency that first operated on the Ethereum blockchain but eventually developed and deployed its own blockchain protocol, called the Binance Chain.
Forbes has reported that the cryptocurrency market has hit a value of USD2 trillion. Large corporations like Tesla and PayPal have started to adopt this currency as a payment method, once driving demand for cryptocurrency in a way comparable to its high bull run a few years ago.
The BNB coin is a cryptocurrency that also has a part to play for fueling this demand. It’s a secure coin that’s now also being accepted by merchants in the hospitality and travel industries. Reading and being aware of the latest news of the BNB coin will put you in the best position to trade.
In order to keep the demand of BNB cryptocurrency high, its supply is kept at moderate levels. BNB coins are burnt every quarter to ensure its value. Bianance aims to burn coins until 100,000,000 BNB in total are burnt.
FAMEEX is a safe, advanced trading platform. We keep you updated with the latest news of BNB altcoins so you make well-informed decisions as you trade crypto. Our learning centre equips you with all the knowledge and skills required so you’re not left in the dark. With the latest news, you can start trading BNB cryptocurrency coins on FAMEEX today.