Steemit Crypto Academy | Season 2: Altcoins – Part1 "Looking beyond the Bitcoin" @anamaria24



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Introduction

Cryptocurrencies are currently very useful either to transfer for the use of a business or simply to use them as a form of payment or for a specific person, today there are a number of cryptocurrencies and we are governed to invest through our need and its structure and what it is for, that is why we must pay close attention when investing, we must know how it is formed and especially its benefits and volatility, alternate currencies are no exception because they provide us with very good services to very low costs, great speed and a lot of security since many of them have their own blockchains and that is why reliability comes through the investor.


Binance Coin ~BNB~


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It is a cryptocurrency that was created on the binance exchange by Changpeng Zhao of China in 2017, the developers managed to design and place on the market a currency that depends on its own blockchain but is exchanged with a large amount of ERC-20 coins on Ethereum , this cryptocurrency was designed in order to be accepted by investors to carry out exchanges and operations within the platform at very low costs, in the case of this cryptocurrency it is not mineable, so its limits of tokens in the market are limited, decentralization This currency plays a very important role among its investors due to its bullish preference, in its beginnings the BNB token was of ER-20 origin and as time went by it created its own blockchain.


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Advantages and disadvantages


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Advantages

- fully decentralized

- very good discounts for transfers

- Investors are supporting BNB payment methods.

- security in transactions

- excellent future management and great liquidity.

Disadvantages

- The members of the founders of the platform have a safeguard of many tokens for their proper burning in time intervals.

- there is a small insecurity to invest since there are tokens that have not yet been burned.


Where to Buy ~ BNB ~

This cryptocurrency can be easily acquired through its binance platform and once you have BNB, you can exchange it for your preferred tokens and make exchanges of binance Coins to another exchange house, it can be acquired through the debit card payment method very easily, Or you can acquire a stable or unstable cryptocurrency for future exchange on your favorite Exchange.


Conclusion.

The use of stable currencies has become very useful, since in many countries the commercial use of bitcoin is prohibited due to its great anonymity in its transactions, that is why the use of this type of cryptocurrencies anonymously is becoming more viral among the population since it allows us total anonymity, this can be a great advantage for many and a great disadvantage for someone who has been attacked by cyber criminals, so it is essential to know how to handle our keys very well and especially a cryptocurrency, BNB is a great investment in the future, due to the benefits and its applications it offers.


cc
@yohan2on
@steemcurator01
@steemcurator02


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Hi @anamaria24

Thanks for your participation in the Steemit Crypto Academy

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