Binance is breaking ground on numerous fronts. Apart from their market expansion they have also been expanding protocol development with their native Binance coin. The Binance Coin (BNB) is many things.

A utility token that is used to trade crypto, a development protocol to build dApps and issue tokens, a rewards coin that incentives hodling & spending - the list goes on. Adoption on BNB is growing as fast as the exchange itself.

However, is this growth likely to taper off and is BNB still worth using? In this Binance coin review, I will give you everything that you need to know.

There’s no denying that the fate of the Binance coin is tightly related to the performance of Binance as an exchange. While Binance is slowly phasing out the trading discount provided by the Binance coin, they are finding other ways to make the coin valuable.

These include burning coin supply and creating a decentralized exchange that will use the Binance coin as its native currency. This would not only increase the value on Binance Coin but would also give it utility far into the future. They are also adding new uses for BNB, making it increasingly useful and driving demand for the coin.

Of course, the potential for increased value in the Binance coin hinges on the success of Binance as an exchange. If the exchange can maintain the momentum that took it from just launched to number one in trade volume within six months the future should be quite bright for Binance coin, and for those that own the Binance coin.

So far it seems this is a foregone conclusion, but things change rapidly in the cryptocurrency space. And while BNB seems to hold its value better than other altcoins, it still follows the overall trend in the markets, which is currently flat to downward.

Review Supported By: https://coinbureau.com/review/binance-coin-bnb/ Show Less