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You are here: Home / Cryptocurrency News / Binance Boss Affirms BNB is Bigger than Binance as New Exchange Lists BNB

Binance Boss Affirms BNB is Bigger than Binance as New Exchange Lists BNB

By Tabassum Naiz | Edited By Ali Qamar,September 26, 2019, 3:45 PM

Binance

Despite the severe crypto market crash, Binance Coin (BNB) recently received support from yet another cryptocurrency exchange Piexgo. Alongside BNB, the exchange announced to support BEP2, a crypto-pegged token on Binance’s native Chain.

BNB Receives Support from Yet Another Exchange

Today, on September 26, the exchange announced as follows;

We are pleased to announce that #PIEXGO has listed #BNB and support @Binance chain #BEP2 standard as well! More #BEP2 tokens will be added very soon! Working hand in hand with @Binance chain ecosystem, we aim to make digital assets accessible and easy to use for everyone.

The listing quickly received the attention of Binance CEO Changpeng Zhao (aka CZ), who took to Twitter and thanked PIEXGO. CZ stated, “BNB is bigger than Binance.”

https://twitter.com/cz_binance/status/1177116897180966913

As far as the token price is concerned, the coin is currently ranking as the 8th largest cryptocurrency in terms of market capitalization. With the crashing prices of bitcoin and other largest cryptocurrencies since last few days, BNB’s current price seems to be reaching six month low.

At the time of reporting, Binance Coin (BNB) is trading at $16.37 against USD and holds the market capitalization of $2,545,851,520. It’s worth noting that the coin is briefly surging by 5.02 percent within the past 24Hrs.

Binance Reveals another Fiat Gateway

Additionally, the giant crypto exchange Binance recently announced the addition of another medium to fiat gateway, enabling its users to pay for cryptocurrency conveniently using debit & credit cards and via wire bank transfers. The move was followed by the partnership with payment processor Koinal which makes Binance debuts four fiat gateway channels up until now.

More so, the London-based Koinal is adding fiat gateway for five major cryptocurrencies; Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple’s XRP. Following the integration of Koinal, Binance Spokesperson elaborated;

“The Koinal integration allows users to purchase cryptocurrencies with any local currency via debit or credit cards at low fees. The portal is powered by Koinal and hosted on Binance.com, where users can easily make purchases and check their deposit history after logging into Binance.”

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Cryptocurrency News, Altcoin News

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