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BNB Coin Explained || Tron Fan Club

samin1 - 2024-04-13 10:46:00





Assalamu Alikum








Hey everyone. Hope you all of are good. I am Alhamdulillah very well. Dear brother and sisters today I will discuss about bnb coin. Bnb coin is one of the largest coin in the crypto market. Now bnb coin ranking is 4 so you guys can understand bnb coin is very strong project. The price of bnb coin is 250$. Which is so impressive. So Let's understand about bnb coin.


# How BNB Coin Started



![Screenshot_2024-04-13-16-14-41-117_com.android.chrome.png](https://cdn.steemitimages.com/DQmf1y11nLb2TiT9PymxyvqV5UmJBfZKF1bCwVxLkLtmtox/Screenshot_2024-04-13-16-14-41-117_com.android.chrome.png)


We now what is binance. Binance is best exchanger in the world. We can covert our coins we can hold coins we can tread coins in binance exchanger. So binance community decided that they will lunch bnb coins. The work on bnb coin. And there hard work meke them success.
BNB Blockchain
We now that if you want to make any coin then we have to make a blockchain. Without your own blockchain you can not make a coin. So you should make a blockchain first. So binance decided to make a blockchain. So they make binance blockchain. So they can make a coin.

# Smart Contract Concept For Bnb Coin

In blockchain there is so much things. One of the best things of bnb blockchain is smart contract. Smart contract is very important option that binance have. Which is appreciative. So by using smart contract of bnb coin, we can make an application this will be totally decentralised. Just imagine we can make application through bnb blockchain. Which is so effective. In my opinion it is on of the best decision for binance community. So when bnb coin started supplies it was a golden chance to everyone. Many people understand that bnb coin will give us profits. So that they bought bnb coin. And guss what when the bull matket come in 2021 bnb coin give them profit.

Well success is a key of your hard work. But holding success is very complex. Binance community did there best thats why bnb coin market cap is now 38 billion. Which is very nice.

# Bnb Burning Project


![Screenshot_2024-04-13-16-14-50-766_com.android.chrome.png](https://cdn.steemitimages.com/DQmRqN4aBTmu9MGTthAFyQaNxpdsSV1XNJTzdWyUJVBc8jM/Screenshot_2024-04-13-16-14-50-766_com.android.chrome.png)

Well, every coin do burning project. It will make a coin demndfull. So binance also do burning project. Here treader transfer some coin into a null account. And null account dosenot exist in the real world. So that we can not get back this coin again. When we burn bnb coin it increase the price of bnb coin in the market. Which is so effective. Also others coin do this but bnb coin do this perfectly because it is decentralised. And It's depend on blockchain eco system. So it’s works.

# Benefits of Holding Bnb Coin


![Screenshot_2024-04-13-16-15-02-393_com.android.chrome.jpg](https://cdn.steemitimages.com/DQmXtcaJkFFZ5tjCoCY5egqHtNxjviARGCCgDuBq2RncBt2/Screenshot_2024-04-13-16-15-02-393_com.android.chrome.jpg)


First of all you have to understand crypto market is not a stable market. It can pump it can dump. So if you want to hold any crypto then you are taking risk. If you are ok with taking risk then you can hold bnb coins. But you have to invest a massive budget. In 2024 bull run market will come from there you can get profit. So I think it will be a best decision.

So I think you understood bnb coin. No more today, I am saying good bye. Thanks everyone..!