Binance Coin buy WatchMen
Summary
This prediction ended on 05.04.22 with a price of €408.70. The BUY prediction by WatchMen for Binance Coin saw massive gains of 38.73%. WatchMen has a follow-up prediction for Binance Coin where he still thinks Binance Coin is a Buy. This prediction was marked as speculative and is excluded from WatchMen's performance statistics.Binance Coin (BNB) is a decentralized digital currency that operates on the Binance Smart Chain (BSC). It was created by the Binance exchange in 2017 and is primarily used to reduce trading fees on the Binance platform, as well as for buying and selling other cryptocurrencies.
BNB can also be used for paying transaction fees on the Binance DEX (decentralized exchange) and for participating in token sales on the Binance Launchpad. Additionally, BNB can be used for travel bookings, as it has been integrated with TravelbyBit, a travel booking platform.
One of the key features of BNB is that it allows its users to access premium features on the Binance platform. By holding and using BNB, traders can unlock discounts on trading fees, access to exclusive trading events, and other perks.
Overall, Binance Coin has become an integral part of the Binance ecosystem and its various applications. It has gained widespread acceptance and is now one of the top 10 cryptocurrencies in terms of market capitalization.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Binance Coin | 10.897% | 10.897% | 89.640% | 32.550% |
| iShares Core DAX® | 0.160% | -1.640% | 12.016% | 15.557% |
| iShares Nasdaq 100 | -3.020% | -4.715% | 37.102% | 42.685% |
| iShares Nikkei 225® | -2.519% | -7.621% | 18.066% | 2.904% |
| iShares S&P 500 | -1.377% | -2.809% | 26.536% | 41.689% |
Comments by WatchMen for this prediction
In the thread Binance Coin diskutieren
In the thread Trading Binance Coin