Why buy BNB?
Please note that the procedure will differ if the address is suspected in connection to illegal activity. In such cases, we will not be able to issue a refund without KYC, and we will require additional documents. Please contact our support team for more information. Can you buy bnb on crypto com Once your account is funded, enter the exchange’s trading platform. Enter Binance Coin’s ticker symbol—BNB—and the amount you want to invest, such as $50. Most exchanges allow you to choose between market and limit orders at the time of the transaction.
Can you buy bnb on cryptocom
BNB's Pros And Cons
Most of the focus in recent days has been on institutional money, but the retail trader’s power should not be underestimated. Fireblocks CEO and co-founder Michael Shaulov said in an interview with Cointelegraph that institutional entry may not boost prices higher because institutions are likely to do it in such a way as to avoid large price bursts. Shaulov said there was a significant inflow of institutional money in 2020, but the prices did not appreciate until retail investors entered. How to Resolve Crypto.com BNB Transfer Pending Error What sets Binance apart from other cryptocurrency exchanges is it also operates the Binance Smart Chain. This makes Binance Coin a programmable cryptocurrency like Ethereum (ETH) that can host decentralized applications and other cryptos. Ethereum was the first smart contract cryptocurrency, and the lion's share of applications are built on its ecosystem. But it struggles with heavy congestion and high transaction fees. As a result, a number of projects opted to use the Binance Smart Chain, where fees are much lower.