By now, most people in the crypto space know about Binance Coin (BNB) — a cryptocurrency developed by Binance crypto exchange, and one of the top performing coins in 2019 so far. In the last few months, many have been especially bullish about this coin, while the coin itself managed to outperform pretty much every cryptocurrency out there.
Since the year started, BNB managed to triple its price, surging from around $5 to $15.83. Even now, at the time of writing, the coin’s price is at $15.51, with a growth of 5.53% in the last 24 hours. If Bitcoin were to perform this well, its price would now be around $12,000 per coin, instead of only $4,000.
There is, of course, a reason for BNB’s growth — several, actually. It has been created and backed by the largest exchange in the world by trading volume, and it has become the native cryptocurrency of Binance ecosystem. It provides its users with a huge discount in terms of trading fees, and it is the only cryptocurrency that can be used for buying new tokens which are being…