Binance May Add Stock Tokens Coinbase (COIN), after Tesla (TSLA), Also Reports Record-Breaking BNB Token Burn
Leading crypto exchange
Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn.
The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency platform also introduced stock tokens.
As mentioned in the update from Binance:
“Record-breaking BNB burn. For our 15th quarterly BNB Burn (January to March 2021), Binance burned a total of 1,099,888 BNB, equivalent to $595,314,380 worth of tokens.”
The report from Binance also revealed that they’ve added
Binance Shares More Ways to Earn Returns on Digital Assets like Bitcoin, Ethereum, Binance Coin, Tether (USDT)
Leading crypto exchange
Binance has shared many ways people can potentially make money with digital currencies. It’s possible to earn Bitcoin (BTC) and other virtual currencies with Binance Earn.
Binance says that traders and investors should “stop holding idle assets” and recommends putting their “crypto to work.”
Binance points out that the digital assets market is evolving rapidly, and investing in crypto-assets is “not just about buying and holding.” While holding (or HODLing) can be the best and safest long-term investment strategy, there’s a lot more you can do with your crypto holdings than “just to hodl,” Binance claims.
Binance has Been Offering Passive Income Generating Opportunities with Bitcoin, Ethereum, Other Cryptocurrencies
January 12, 2021 @ 4:53 pm By Omar Faridi
Binance, the world’s largest digital assets exchange, notes that when it comes to cryptocurrencies, most consumers think of bear and bull markets, “insane” or crazy stories about people who became extremely wealthy overnight or lost it all in a major scam or by getting involved in highly-risky investments. These are typical crypto stories, Binance acknowledged.
However, Binance also pointed out that there are ways to significantly increase your wealth or net worth without actually trading, speculating, or purchasing many different altcoins “hoping that at least a few of them will moon.”