BNBGBP
Binance Coin / Pound sterling
crypto

Every coin after Bitcoin is an alt, if you mean it reached $x billions of marketcap faster than Bitcoin 5 years ago then ok, after that it's a downhill from here, even BNB with better tokenomics is underperforming.

Genius Terminal Deploys Gh0st on BNB Chain in Push for Compliant Onchain Trading Privacy

Binance coin acting heavy. If BTC dumps, BNB leads the way down — shorts ready.

BNB Update

been trading for a couple years now and one thing that bugs me is the accumulation of tiny leftover balances — like 0.003 ETH here, a few cents of some alt i sold most of, that kind of thing. i've got accounts on a few places including bitmart, a couple mid-tier exchanges, and one bigger one, and across all of them i've got this weird graveyard of dust that's too small to trade and not worth the gas to move.
some platforms have a "convert to BNB" or similar function but it's not universal. curious what others actually do — do you just let it sit, is there a consolidation method i'm missing, or do you mentally write it off? also wondering if anyone's found exchanges that handle this better than others. would love to hear how you deal with it.

So many ambassadors with their alt accounts barrelling in with ChatGPT copy paste ’opinions’.
Regardless of how large you make your ‘runway’ if you badly manage your business the numbers mean nothing.
BNB is currently trading at over 16x its early 2021 price, CRO is roughly 16% higher than it was at the start of 2021.
Kris has stolen 70% of the market cap with the first governance vote, if he’d spent more time making CRO as successful as BNB he’d not be in this mess.

Hi there,

BNB is the native token of the decentralized BNB Chain, where it powers transactions, pays for fees, and allows for participation in governance. It can also be used on the Binance exchange for benefits such as trading fee discounts, token airdrops, and VIP membership.
A network fee (also called gas fee) is the small amount you pay when using a blockchain. It’s similar to a service or handling fee.
Every blockchain requires this fee to process your transaction. For example:
* On BNB Smart Chain, you pay in BNB
* On Ethereum, you pay in ETH
* On TRON, you pay in TRX.
In your case, you need to have some BNB balance to cover the gas fee of the transaction. ✌️ -MK

There is no credible way for L1 to become the settlement layer for even all payment transactions in the world. L1 is currently envisioned to go to 10k tps in a few years. That is not good enough for even just mastercard. L2s can deliver a million tps in addition. This is needed if we think about long term success of the Ethereum ecosystem. Still, companies are starting up rollups (see upbit announcement a few days ago), which means rollups have a product market fit. In my view it is better for companies to build in the Ethereum ecosystem than bootstrap another BNB chain which move users further away from the Ethereum ecosystem.
More specifically, without all the money that poured into the rollup and L2 space zero knowledge proofs would probably not be ready yet. No real time proofing, no ZK roadmap for L1, no good scaling strategy, no credible way to do native rollups and probably no credible way to do signature aggregation in a post quantum future. Concepts like the EEZ would also not be possible.
Without a credible scaling strategy I personally think Ethereum would have been slower in pushing up gas limits and we would have suffered more if we still had to pay tens or even hundreds of dollars for normal transactions. It was fun when everyone was making money (we didn't) but paying so much gets old pretty fast.

Yes, they have the same founders. There is also an additional dao by the same people, called kernel dao, which is an interface to all they are doing. They also have restaked BTC and BNB there.

Ahh yeah, you’re right man. So he have to buy BNB instead with USD, EURO etc.

You can't swap USDT for BNB without BNB because the gas fee for the transaction has to be paid in BNB.

Swap USDT for example for BNB.

BNB is the native token for BSC (Binance Smart Chain), it's used to pay the transaction fees to the validators.

They should have properly run their crypto project. BNB is currently trading at over 16x its early 2021 price, CRO is roughly 16% higher than it was at the start of 2021.
Regardless of how large you make your “proper runway” if you badly manage your business the numbers mean nothing.