BNB Coin | Binance Coin | BNB Price Prediction 2023

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In this video I’m going to discuss in-depth about BNB Coin and its price prediction in 2023. This short video gives you a quick and simple overview of one of crypto’s MVPs
Binance Coin, also called BNB, was founded in 2017 by Changpeng Zhao and Roger Wan and is the native coin of the Binance blockchain. The name “Binance” is based on a combination of the word’s binary and finance. Its exchange services were launched in 2017. It was initially based on the Ethereum blockchain until 2019 when Binance launched their own blockchain. Similarly, to how Ether functions on Ethereum, BNB is used for all operations on Binance. BNB can be used to pay discounted trading fees on the Binance Exchange or to spend regularly like other cryptocurrencies.
The history of BNB is more than curious. Binance, the parent company, was mostly funded by its ICO in 2017, mostly from China. Many of the earlier investors before the ICO have already cashed out. Binance Coin was made available to the public for the first time on 25 July 2017 and has the BNB ticker symbol. BNB can be broken down into ‘Jagers’, in the same way that Bitcoin can be broken down into Satoshis. 1 Jager = 0.00000001 BNB. Interestingly enough, BNB was launched on the Ethereum blockchain as an ERC-20 token (just like Tron and a swath of other big-name cryptos). In Binance Coin’s first Initial Coin Offering (ICO), they raised 15 million within three weeks. Since then, BNB has moved from the Ethereum blockchain to its Binance blockchain in 2019.
BNB is listed on a load of different crypto exchanges and has some of the highest daily trading volumes in crypto. Binance has become an ecosystem unto itself. With Binance Chain, Binance Smart Chain, Binance exchange, Binance DEX, and a variety of other crypto services, Binance is a juggernaut.
In an impressive market take-over, BNB has elbowed its way past the competition to become the world’s third-largest cryptocurrency. Back in December 2023, it was the 10th largest which means it has outstripped big names such as Tether, Ripple XRP, and Litecoin to nab its spot.
If we talk about BNB price prediction, Binance is looking to roll out its own crypto card which can be paid for and topped up in BNB coin. With a market cap of over $51.08B and various benefits, investing in BNB in 2023 is worth it. Let’s not forget that BNB is one of the top utility tokens and has a wide range of advantages over other digital coins.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in my BNB Coin video. Make sure to leave a like on the video if you gained value from it!

#Binance #BNB #BTC #BinanceCoin #Bitcoin #CryptoGuide #crypto #bnbtoken #earnbnbtoken #token #blockchain #review #exchange #trading

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⏰ Timestamps in This Video ⏰

0:00 – Introduction
0:28 – What is BNB?
1:35- Coingecko Listing
3:26 – How To Buy BNB?
4:03- Final Price Prediction

BNB Coin | Binance Coin | BNB Price Prediction 2023

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Kane Dane