The BNB token was created to raise capital for the development of the Binance crypto exchange, which is one of the largest crypto exchanges. Binance also offers reliable security and processing speed.
BNB is a crypto that you can trade on the Binance cryptocurrency exchange. It allows low-cost payment options throughout the world. With BNB, you benefit from high-speed transactions and low commission charges. Binance traders can also swap BNB for other cryptos instantly. There are several other legit platforms that allow people to earn BNB free coins for doing simple online transactions.
Join the BNB movement and enjoy fast and secure peer-to-peer money transfers across the world with very low fees. With BNB, you can transfer money to your family and friends and buy several things online.
Binance coin empowers you to take full charge of your finances. Globally, this popular crypto is gaining increasing attention as more people are beginning to take advantage of its many and widespread uses. Be a part of the new era of virtual currencies by earning Binance coins for free. Rather than buying other coins, you may want to learn how to get free BNB.
What can I do with my Binance Coin?
BNB tokens make it possible for customers to earn discounts on the services offered by the Binance exchange. The Binance platform is tipped to revolutionize the decentralized exchange market using advanced blockchain technology. BNB also equips its users to access the advanced crypto trading features on the popular platform. If you are looking for fiat or other valuable cryptos, there is nothing to worry about. There are hundreds of other exchanges that support Binance coin trade and fiat currencies like the US dollar and the euro alongside cryptos.
You could also HODL your BNB free coin for the long term as it is thought that the Binance coin will be very valuable in the coming years.
Binance Coin: How to earn BNB for free
You can earn free BNB by answering surveys on “get-paid-to” websites such as Freeward, Idle-Empire, and TrustWallet. When you register for these websites with your email address and complete tasks and offers, you can earn free Binance coins.
Some websites even allow you to earn BNB just by playing games and testing software. To earn BNB with TrustWallet, you will need to download and install the TrustWallet app. Deposit your Binance coins in Trust Wallet, stake your BNB and start earning 30% + APY
The term Binance was coined as a portmanteau of “binary” and “finance”. BNB is classified as an ERC20 token because it was built on the Ethereum blockchain. As of 2021, many online businesses accept BNB as a payment option. Those who use BNB to transact on the exchange receive additional discounts in the order of 50%, 25%, and 12.5% for the first, second, and third years, respectively.
When the token was first released, it came with a total supply of 200 million. According to the whitepaper report, Binance intends to use 20% of the profits of each quarter to buy back the token until its supply is halved.