Not so long ago, people used to invest in real estate, hedge funds, and stocks of various companies. Some people still invest in these sorts of items, but with the birth of the blockchain industry, significant changes have occurred in the financial sector. We saw the emergence of decentralized currency, commonly known as cryptocurrency, and the marketplaces where these can be traded; one such marketplace is KuCoin, which paved the opportunity for millions of people to earn Billions of dollars. KuCoin is the prime crypto exchange with super cool features that have attracted millions of people to invest in crypto; today, it has 18 million active users who are traders and investors. It has a diverse number of coins listed on the platform which can be exchanged or used as an investment; this marketplace has more than 500 coins listed, which include Bitcoin (BTC), Ethereum (ETH), KuCoin Token (KCS), (BNB), Solana (SOL) and many more. It is also a leading marketplace for NFTs (Non-Fungible Tokens), which are digital art and are treated as digital assets. On KuCoin, you can get updates like cryptocurrency bitcoin price, their market capitalization, and 24hrs trade volume of other coins.
These coins are not just investments. They also have additional features; we will now talk about the benefit of the Binance Coin (BNB).
What Is BNB?
Binance coin is a decentralized currency created in 2017 on Ethereum Blockchain. When the coin was launched, its price was 4.61 USD, and as of today, it stands at $221.20. The price of BNB has surged drastically and proving to be an excellent investment.
Several companies accept BNB price as a payment option. These belong to various segments ranging from retail, air travel, auto retails, and many more; some of the big names are Cargdor Coaches and Boxer Beauty for auto services providers, and consulting companies like My Tiny Enterprise and TMD Studio LTD also accept BNB as a payment, Financial companies like My Constant and The Best Paystubs also accept BNB, hotel booking sites like Travala.com and TourisToken also are accepting this coin.
The experts have predicted that in coming years, as the industry becomes more prevalent and more and more people would invest in crypto, the BNB coin’s price will soar; it is predicted that by the end of 2022, the price could reach $573, in the period of 2024-25 the price would increase to $1500-2300.
How To Buy BNB?
Buying BNB is easy; here are a few steps to buy BNB on KuCoin; the first step is creating an account on the platform. After that, make deposits on the platform’s digital wallet. Once done with this step, you can go on spot trading and click Buy to set the price for which you want to buy the BNB. Accept the best offer. Once you do it, you will have BNB in your digital wallet.
If you are intrigued by now, all is set to start your crypto journey; on KuCoin, you can begin your journey with minimal funds of $2, so don’t waste any time and grab this lucrative opportunity. Earn, invest and profit over crypto trading on KuCoin.