This means that it is easy to find the way to buy Binance Coin that suits you most. The platform supports numerous fiat payment methods and over 80 cryptocurrencies. In fact, CEX.IO is a whole ecosystem of crypto services like staking, loans, spot and derivative trading, and others. CEX.IO is a global crypto exchange, being in business for more than 8 years, and with more than 4 million users worldwide. In this case, CEX.IO could be one of the most reliable websites to buy BNB. Also, it should provide numerous options for buying, trading, and storing cryptocurrencies. Before selecting a crypto exchange for buying BNB, it is important to double-check that your country is supported and the platform meets general security requirements.
#Bnb binance how to
Where to buy BNB coin and how to choose a reliable platform?īNB has become one of the top cryptocurrencies quite fast, so a lot of crypto enthusiasts are looking for a simple way on how to buy Binance Coin cryptocurrency and find the best crypto and bitcoin exchange.
Initially, Binance Coin had a total supply of 200 million tokens but the current total supply is lower and decreasing due to periodical burning events. Then it has become a native token of Binance Chain (BEP-2) and Binance Smart Chain (BEP-20).Īs a native token, BNB is used in both Binance Chain and acts as a community utility token for maintaining dApps on Binance Smart Chain.
What is Binance Coin (BNB) coin and what is it used for?īinance Coin (BNB) was initially created as an Ethereum-based utility token for paying transaction fees on Binance ecosystem.
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