Binance Picks eToro as the First Platform to Offer its Own Coin (BNB)

[kreslik.news]

eToro, the leading social trading network, has pushed ahead with its plans to broaden its cryptocurrency offering, citing enough liquidity and strong customer demand. The company announced that it has enabled the trading of Binance Coin (BNB), the native token associated with the largest crypto exchange in the world.

Binance Coin (BNB) is a utility token that was originally created to help the crypto venue with its financial needs. But after Binance has reached that goal, it has been using its profits to buy back the tokens and ‘burn’ them to reduce the overall circulating supply. This process will ... (read more)