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Binance Coin (BNB)

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

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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.”

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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Binance Coin Price Analysis: BNB Turns Active After Rejection at $23

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  • The latest price action has made Binance Coin trade at $22, amounting to 1.74% price gain.
  • BNB appeared to have finished retracement to the channel’s upper boundary as bears resume surge.

The sudden price drop of Bitcoin made the entire crypto market to witness a notable fall recently, plunging price to close support levels. This includes Binance Coin which has currently seen a slight but sharp price cut to around $21 before drawing back to $22 at the moment. Following the last 24-hours quick recovery, BNB is currently correcting gain at 1.74%. However, the 7th most-traded cryptocurrency is looking bearish on a medium-term trend.

Current Statistics of BNB

Trading price: 22 USD

Market Capitalization: $3,495,197,695

Trading Volume: $3,495,197,695

Key resistance levels: $23, $24, $25

Key support levels: $21, $20, $19

Binance Coin (BNB) Price Analysis September 7, 2019

On the 4-hour time frame, Binance Coin is on the downside with a descending channel pattern, shaping from early August. Following the $23 price rejection today, BNB token may slip to the $21and $20 support if the selling pressure remains heavy. A break below these support levels might further drop the price at $19 and below, meeting the channel’s lower boundary.

Binance Coin BNB technical price analysis

However, a bullish regroup may rise the cryptocurrency back to the surge level at $23 before climbing to $24 resistances. A break above the upper boundary of the channel might lead the market to a bullish run, testing $25. Nevertheless, Binance Coin is maintaining a medium-term bearish outlook over the last few weeks.

Conclusively

Following the ongoing selling pressure, the price of BNB has suffered loss since late July, marking short-term support at around $21. However, if the price manages to drop below the $20, Binance Coin will witness a significant loss in price.

Technical Indicator Reading for BNB

Binance Coin (BNB)’s RSI has managed to jump back above the 50 level after a slight fall, although it still looks bearish on the 4-hour time frame.

The Stochastic RSI has shown a sign of weakness as a result of the selling pressure in the market; a possible bear continuation is likely to play out.

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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Binance Coin (BNB) Bulls Show Interest, But Bearish Trend Remains Dominant

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  • Binance Coin’s trading would continue to remain in a downward range until a channel break-up occur
  • The price of BNB has seen a 6% growth under 24-hours, but the bearish trend appears healthy on a medium-term outlook.

Binance Coin has continued to carry a downward trend after a dramatic roll back from $40 in mid-June. In overall, BNB token has witnessed an over 50% price loss since trend reversal set into the market, currently leveraging at $20 support. BNB is approaching the May low and is in a midterm bearish. Meanwhile, the price has seen a sharp rebound after marking support at $20.

Still, Binance Coin remains the 7th best-performing cryptocurrency by market cap and now correcting gain at 6%. However, the token is currently showing some positive signs, indicating a buying pressure in the market. The price of BNB may head back downward as soon as the market signals a short move.

BNB’s Current Statistics

Trading Price: $23

Market Capitalization: $3,578,475,304

Trading Volume: $248,883,636

Key resistance levels: $24, $25, $26

Key support levels: $22, $21, $20

Binance Coin Price Prediction for September 5, 2019

Taking a look at the 4-hour chart, Binance Coin is trading in a descending channel pattern over the past four weeks now. Nevertheless, BNB is keeping to its mid-term bearish trend, which is quite dominant and bias. However, the recent price surge has made the market to trade around $23, near the channel’s upper boundary.

Binance Coin technical price analysis
BNBUSD, 4H Price Chart – September 5, 2019

Considering the pattern formation, $24 is the next critical level of resistance. Similarly, the $25 is a breakout to $26 level. If a price rejection occurs at the channel’s upper boundary, the price may slump back to $22, $21 and $20 supports. On top of that, the BNB/USD pair is pretty playing bearish on the higher time frame at the moment, while the lower time frame is currently displaying a bullish trend

Conclusively

Binance Coin has been captured in a descending channel pattern over the past weeks, reflecting a robust bearish swing. If a channel break-up occurs, BNB is likely to reverse the trend and launch a bullish run.

Technical Indicator Reading

The RSI for Binance Coin is rising near the 70 level, which indicates the recent price influx in the market.

The Stochastic RSI has managed to climb back above the oversold level, suggesting that the bulls are coming up.

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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Binance Coin (BNB) Fails to Rebound as the Coin Continues its Downtrend

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Key Highlights

  • The $24 demand zone is a critical support zone, but the market fails to rebound
  • If the market continues its downtrend, the price will drop below the current price zone
  • BNB price is struggling to hold at the $22 demand zone

Binance Coin(BNB) Current Statistics

The current price: $22

Market Capitalization: $3,434,551,062

Trading Volume: $183,536,996

Major supply zones: $36, $40, $44

Major demand zones: $20, $16, $12

Binance Coin (BNB) Price Analysis August 31, 2019

The BNB price has finally broken the $24 demand zone, and it is continuing its downward fall. The $24 demand zone is a critical support zone where price has been holding for some sometimes. The market has earlier consolidated at this zone before making an upward movement. This makes the demand zone a strong support zone. BNB price is likely to hold if price respects the previous price zone.

On July 17 and 30, the market respected the historical price zone and made an upward move. The crypto’s price tested the $32 supply zone on three occasions before the market fell to the low of $22 demand zone. If the $22 demand zone holds, buyers are likely to emerge to propel price to retest the previous highs. On the other hand, if the $22 demand zone is breached, the market will further depreciate.

BNBUSD-Daily Chart August 31, 2019BNB Technical Indicators Reading

The coin is in the oversold region of the daily Relative Strength Index (RSI) period 14 levels 25. This indicates that the coin’s market is in the oversold state right now, suggesting bulls to gain control of its price soon. The moving averages are sloping southward indicating that price is in a bearish move.

Besides, if the market breaks and closes above the upper trend line, Binance Coin (BNB) will more likely rise. Nevertheless, the lower trend line has been breached, and the candlestick is closed below it; therefore, the market continues its downward fall.

 Conclusion

BNB/USD pair is likely to rise if the bulls defend the $22 demand zone. In other words, if the bulls break the $30 supply zone, the coin may resume its upward move and retest the previous highs. However, our analysis will be invalidated if the bears break the $22 demand zone, and Binance Coin (BNB)’s price falls to the low of either $18 or $20 demand zone.

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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Binance Coin Price Analysis: BNB Sharply Drops Below $25

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  • The price of Binance Coin (BNB) is maintaining a downward mode with a price cut of about 2.3% under 24-hours of trading.
  • Binance Coin has finally dropped below the $25 after holding the price in a squeeze.

Over the past 24-hour, Binance Coin has been quite stable around $25 due to the recent price stability in the entire crypto market, which now made most of the altcoins to hover around their monthly low. For the past few days now, BNB token has been subdued with choppy price actions

Just now, the BNB price saw a sharp price drop to $24, and as it appears, the price may continue to fall at the channel’s lower boundary before bouncing higher. Despite the past weeks of an ugly drop, Binance Coin remains the 6th largest cryptocurrency by market cap.

BNB’s Current Statistics

Trading Price: $24.5

Market Capitalization: $5,346,937,650

Trading Volume: $1,270,178,450

Key resistance levels: $25, $26, $27, $28

Key support levels: $23, $22, $21, $20

Binance Coin Price Prediction for August 28, 2019

Since the mid-year short opening, Binance Coin continues to correct in a downward range, although the price was caught in a squeeze. But now, the market has just seen a sharp fall. Now that the bears have resumed pressure, the BNB price may continue to roll at $22, $21 and $20 support level before we can see a rebound. Meanwhile, close support lies at $27.

Binance Coin BNB technical analysis
BNBUSD, 4H Price Chart – August 28, 2019

However, if the bulls can regroup heavily, the price is likely to meet previous resistance at $25 before locating subsequent resistance at $26, $27, $28 and above. As of the time of writing, BNB is looking bearish across the higher time frame, showing the bears are still gaining dominance.

Conclusively

Now that the $25 price level has been eventually overcome, Binance Coin may witness an ugly price drop in the upcoming session, which might make the market test key potential support levels. However, we can expect BNB to continue falling until the buyers show up.

Technical Indicator Reading

The RSI has now dropped to the 30 level after witnessing a sudden bearish action. Binance Coin (BNB) may further drop to the oversold region.

The Stochastic RSI is turning back to the oversold area, showing that the bears are returning in the market.

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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Binance CEO’s ‘earn while you sleep’ tweet blooms into Binance Lending

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Binance, the world’s largest cryptocurrency exchange has been at the forefront of changes in the cryptocurrency space, be it including upgrades or by providing new opportunities for investors int eh space. Changpeng Zhao, the Chief Executive Officer [CEO] of Binance has been an active member of the digital asset industry, and his latest tweet had riled up the crypto Twitter space.

His tweet read:

“Would you like to earn #crypto while you sleep?

Keep an eye on @binance today.”

Although there were many speculations as to what the update will be, Binance soon announced what the suspense build-up was for. The organization revealed that the company will now launch its much-awaited lending platform with initial BNB and Tether lending products. CZ had stated:

“Binance Lending is simple and intuitive to use. Users can subscribe to any lending product and earn interest, it’s as easy as that. The interest rate for each product is guaranteed, so your crypto balance will always grow, regardless of how the market moves.”

The company informed users that the lending products would become available for Binance Coin and Tether on a subscription basis from 6:00 UTC August 28th to 12:00 UTC on August 29th. Lending on Binance will mainly go the margin borrowers who pay the interest.

The CEO made it a point to emphasize on the point that Binance trading was very different from other guaranteed-return schemes in a way that the company does not have to look for other places to invest in. The annual rate for the first BNB product was placed at 15 percent, a caveat that had caught the eye of many investors.

Binance also claims that with the launch of the lending platform, the organization will have the availability of funds to led to margin traders, which in turn may increase the current margin limits. The lending platform will have annualized interest rates for upcoming phases that will be adjusted based on the market reception of the first phase of lending.

Supporters of Binance have been quite vocal about the launch of the new platform, and many are out to dissuade the naysayers. One supporter, Degen Spartan, took to Twitter to comment:

“everyone calling the binance lending the new bitconnect lmao

get the hell out of my way and don’t steal my allocation for maximum lots

as if 500 bnb is a lot of capital to risk to earn 15%

wot else u gonna do with it mate”

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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Binance Coin price analysis: BNB is in a range-bound, but sellers take charge

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  • Binance Coin is down by 5.20%, but the price action has remained tightly in a range-bound.
  • The last three days price decrease has brought the bears in action as price looks for close support.

The Binance native cryptocurrency, Binance Coin is down by 5.20%, subjecting the market under the control of bear radar. BNB token has seen a significant price reduction over the past few days. The sellers anticipate lower levels as the price is likely to continue falling if the market keeps exhibiting weakness.

However, Binance Coin is trading in a range-bound since last month, and as we can see now, the market is approaching the channel’s lower boundary, where a bounce up is likely. A breach below the channel could establish a new monthly low for the market.

BNB’s Current Statistics

Trading Price: $26.6

Market Capitalization: $4,165,491,372

Trading Volume: $214,236,197

Key resistance levels: $28.4, $29.4, $30.5, $31.7

Key support levels: $26.1, $25.3, $24, $23

Binance Coin (BNB) Price Prediction for August 21, 2019

Binance Coin is bearish on the 4-hour time frame. Following the ongoing surge, the price of BNB has recently plunged to $26.1 before a small rise to where it’s currently changing hands at $26.62.

A further rally is likely at $26.1, $25.3 $24 with a possible new low at $23. As we can see on the 4-hour price chart, BNB volume has been drastically low over the past weeks, which shows the bears are gaining moment.

Binance Coin BNB technical analysis
BNBUSD, 4H Price Chart – August 21, 2019

Taking a look at the market, the BNB token is yet to show a strong bear dominance on the long-term. But the short-term outlook looks bearishly strong. However, a bullish interception may set the next key resistance at $28.4, $29.4, $30.5 and $31.7, meeting the upper boundary. Nevertheless, we can expect a little rise before the rally continues.

Conclusively

As appeared on the 4-hour chart, BNB/USD pair has witnessed a consecutive three days bearish action after the mid-August recovery. If the sellers remain in the market, the price of Binance Coin will continue to drop significantly. Otherwise, the price will resume in the range-bound.

Technical Indicator Reading

The RSI for Binance Coin (BNB) has severely dropped and now facing the 30 level, although the level has held the last bearish scenario.

Stochastic RSI is currently in the oversold area. The price of BNB is likely to rise if we see a decisive climb.

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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Binance Coin price forecast: BNB price trades in a tight range

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Key Highlights

  • The native coin of Binance exchange (BNB) is fluctuating between the $24 demand zone and the $32 supply zone
  • The $24 demand zone was the previous low of April as the market rebound after testing
  • BNB price may have price breakout as the market trades in a tight range.

Binance Coin (BNB)’s Current Statistics

The current price: $28

Market Capitalization: $4,380,116,074

Trading Volume: $227,736,284

Major supply zones: $36, $40, $44

Major demand zones: $20, $16, $12

Binance Coin Price Analysis August 20, 2019

On June 20, Binace Coin was trading at a high of $40 supply zone. However, after the market had fallen to the low of $24 demand zone, it commenced trading between the supply zone of $32 and $24 demand zone. While in a range the crypto’s price had tested the $32 supply zone without breaking it.

If the bulls had succeeded in breaking the $32 supply zone, the cryptocurrency’s price would have surged to retest the $40 supply zone. Nevertheless, if the bears break the $24 demand zone, BNB price may as well depreciate to the lows of $18 or $20 demand zone. We are likely to see a price breakout as the market trades in a tight range.

BNBUSD-Daily Chart

Chart Indicators Reading

The lines of MACD are below the zero lines which give us the signal that we are to sell Binance Coin. In between the $32 supply zone and the $24 demand zone, we have the moving averages sloping horizontally. This implies that the BNB price is in a sideways trend.

Besides, if the price breaks the lower trend line on the lower swing low, the market may further depreciate. Similarly, if the price breaks the bearish trend line, the market is likely to rise.

General Outlook for BNB

We expect the BNB/USD pair to continue its range, but it is likely to have a price breakout as it trades in a tight range. The $32 supply zone or the $24 demand zone is expected to be broken as the crypto trades in a tight range. If the $32 supply zone is breached, Binance Coin will appreciate. Conversely, the market of Binance Coin will depreciate further if the $24 demand zone gets broken.

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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Five Top Cryptocurrencies to Buy in Q3 2019: LTC, TRX, EOS, BNB, BTC

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Those who are looking to invest in cryptocurrencies in Q3 here is a list of five top digital assets to go after which could be a wholesome investment.

The crypto market is shaping really nicely, and it is anticipated that by the end of 2019 it will hit with maximum gains of the year. Though the cryptocurrency market is still volatile and we cannot be sure about what actually will happen, but the trends are favoring for a bull run before the beginning of next year.

Litecoin (LTC)

Since the beginning of 2019, Litecoin has made a massively climbed. Litecoin began the year at $31 price mark and touched the highest of the year at $137.40 by the end of June. LTC has made a huge impact so far.

In a recent tweet by the co-founder of Litecoin Foundation, Xinxi Wang mentioned that LTC has been declared as a payment token by the United Nations Department of IMF. Admittedly, this is an excellent advancement for Litecoin, and it will boost up its worth in the crypto market.

Moreover, the halving of Litecoin that took place on 5th Aug, it was expected that the privacy coin would make hefty returns to the investors; it didn’t make such an impact. But due to this event occurring LTC has dropped afterward as it seems that the short-term investors anyhow have taken out their investment with a little margin of profit. Despite all this, Litecoin has firmly moved in the upward direction all this year with slight ups and downs. So, this is one of the top cryptos to look for.

Bitcoin (BTC)

Still, the master of all, Bitcoin as always leads the market with sweeping dominance of 69.3%. This would be no such investor who understands the game of trading and haven’t made an investment in BTC. The tough time seems to have taken off, which caused a damaging effect on the entire market since last year.

This year comparatively has been the year of recovery, and Bitcoin recent showing of reaching $12K has once again whooped that it could potentially reach all-time highs by the end of 2019. In that case, it can be a serious investment.

Binance Coin (BNB)

Binance Coin may seem a bit surprising in this list, but making its way to 6th place in the market has left no doubt in the potential of BNB. For most of the altcoins, this year was a period of recovery so far, but for Binance Coin it has turned to be a super year. The native coin of Binance exchange hit the highest price mark of $39.30 on 22nd June.

Binance Coin was one of few cryptos which kept on rising when the market was bearish. This has seriously attracted investors in huge numbers. The developments made by Binance exchange indirectly boosts up BNB changes to go further up. As it is expected that the market will have a bull run swing, BNB can break its previous highest price mark. So, looking for low-cost crypto which anticipates a promising future, BNB is the asset to go for.

EOS

Another crypto which should amuse investors is EOS based on its basic analysis. As we go through from a technological viewpoint, EOS is ahead of some top digital assets such as BTC and ETH. It is much faster (million transactions per second), reliable, scalable, costs zero-fee, and also allows developers to build DApps.

Despite having not much good time, recently as compared to other altcoins, EOS still pushes to break the resistance levels and once again cross $10 mark in coming days. At the time of press, it trades at $3.93, which gives investors a good chance to jump in and buy EOS at a low price, which can make them gain high returns.

Tron (TRX)

With the rumors of Justin Sun involved in some corruption cases, Tron has faced a rough time, latterly. Though Tron is one of those crypto projects with a lot of capability and capacity. In such less time, Tron has made a serious impact on crypto users and aims to focus on further developments.

In specific, Tron has a far-reaching influence on the gaming industry. The critical aspect to look forward is that Tron plays a vital role in the development of transparent gambling products and wants to add blockchain impact in the gambling industry. This will attract a broad audience in long-term progress.

One advantage in investing in Tron is that it will not have a massive loss in case the market crashes, but if it rallies a bull run, it will be a fruitful investment for TRX investors.

TRX price will more likely rise shortly as more and more blockchain-based online gambling mediums emerge. One prominent platform among such is 1xBit.

The leading crypto betting site is a fully crypto-oriented sportsbook as well as an online casino that accepts Tron among more than twenty-one cryptocurrencies. The platform adheres to the anonymity principles at full by offering a simple one-click registration. Players get showered with promos, offers, and bonuses, such as a whopping 100% welcome bonus.

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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Binance Coin (BNB) gains the support of Cobo Wallet and its Custody

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One of its very own type crypto wallets, Cobo announced yesterday that it had integrated Binance Chain. As a result, BNB holders will now be able to store their cryptos inside the wallet. 

The latest cryptocurrency wallet supporting Binance Coin, Cobo Wallet is originated from China with its HQs in Beijing. Currently, it is available in over 80 countries and plans to expand its network across new states, including the U.S., Indonesia, and Vietnam in particular. To enter new markets, Cobo in a recent Series A gathered around $13 million. This adds financial stability as Cobo aims to build a superior network.

Cobo is the very first digital assets wallet that originates PoS (Proof of Stake) and master node pooling to allow users to store their digital currencies safely, use and invest in cryptocurrencies – that all within a single app. It also gives PoS cloud staking rewards to the holders up to 40% per annum. At the moment, it supports over thirty coins and almost 700 tokens.

As a crypto startup, the main objective is to provide users with long-term services which are secure, reliable, and convenient. For this, Cobo has developed two different products for different level users, as it offers Cobo mobile wallet and for advanced users, it provides the services of a high-end cold storage wallet named Cobo Vault (hardware wallet). Moreover, for institutional investors, it offers custodial services as well.

The addition of Binance Coin (BNB) to Cobo wallet is an outstanding development for the digital asset. It will allow BNB holders with an excellent option to opt such a wallet which is one of its very own type providing with the master node and PoS Pool skating services. Moreover, the transaction fee is zero, which adds a great advantage for a buyer. It also delivers zero-latency transfers between the Cobo wallet users. 

Binance Coin holders will now have a secure platform that will provide them with a multi-factor authentication system which is a modern user-end security system. It also gives proprietary server-end security service that allows dynamically allotted assets to minimize any risk and a cutting-edge cold-hot server separation. The private keys can be stored in the multi-signature cards. So, overall, the crypto wallet has an industrial level security ecosystem.

Cobo will allow the Binance Coin holders to have access to decentralized apps, including CryptoKitties, FOMO3D, and more. Cobo’s close collaboration with the digital assets like ETH, TRX, EOS and other programs means that the wallet allows its users to have access to exclusive functions that include account registration, voting, resource summary, Dapp tools, and procurement, etc.

An overall impact of this development will boost the adoption of the digital asset, BNB. With new things emerging in the cryptosphere, digital assets like Binance Coin have an excellent opportunity to make a large user base and step its authority in the crypto market. One significant advantage for BNB coin is that it is backed by the Binance exchange, which helps in the expansion of the crypto asset.

Binance Coin is the 6th most significant asset in the market, as we write this. BNB in the recent past has shown sublime performance in the market while outshining some top cryptos. Currently, it traded in a slight bearish zone with a price of $29.59. The volume of BNB has risen significantly, and such adoptions will improve its volume more in long-term progress.

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.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.