Despite the recent losses, BNB is still a solid investment

Despite the recent fall in prices, Binance Coin (see Binane Coin listing)it is still a great asset to bet on. Most financial analysts believe it is the best time for invest in the native Binance token. Let's find out in this guide why.

Binance-coin-BNB Despite Recent Losses, BNB Is Still a Solid Investment

Investing in BNB: Is it still worth it? 

BNB Faucet is the native token of the popular Binance cryptocurrency exchange, the largest by volume. Binance is also known as a major player in blockchain technological innovation.

For CoinMarketCap, Binance Coin (BNB) lost $ 1,5 billion in market capitalization in a week.

BNB prices have fallen by 8% and almost by 40% from last month's high of over $ 39 (35 euro).

Although it may debase most investors, it should be noted that it is a good time to invest in Binance's native token, as the currency has been listed on other markets as BQTs.

Investing in BNB: a sudden "dive"!

Over a year ago, Binance announced that BNB would move from Ethereum a Binance Chain, whose launch took place at the end of April 2019.

The objective of the strategic plan is to maintain the right balance: a total BNB offer to 100 million.

But last 11 July 2019 the total offer of the coin between Binance Chain and Ethereum was of 189.000.000.

Therefore, there is still a bit to wait before returning to balance. This sharp reduction in the supply of digital currencies has had a significant impact on the fall in prices and the current market capitalization.

Last month, theExchange Binance announced that it would leave the US marketi in the month of September 2019.

Furthermore, many US investors will remain with limited access to Altcoin investment opportunities.

The move is a clear response to the increase in regulatory activity by the SEC and other government agencies.

Binance also announced plans to open an Exchange platform for the United States. However, to date no details and launch date have been recorded.

Why will Binance have a bright future?

While these setbacks have caused a temporary decline in the value of BNB, Binance remains one of the most innovative digital assets e cutting edge.

The Binance Chain mainnet is constantly subject to continuous improvements and modifications. Binance has great flair in the introduction of new blockchain innovations, which are considered the winning key for increase the value of BNB.

How to Buy BNB

You can use 2 ways, directly on Binance exchanging it with other cryptocurrencies or buying by credit card at 7% or by bank transfer or credit card on Crypto.com

crypto Despite recent losses, BNB is still a solid investment