My square name: Big Whale is me. But I think it is enough to be a small whale like my avatar. I am one step closer to 1,000 BNB. Last time I posted, I had a total of 115 BNB. Later I bought dozens of BNB. Now I have a total of 192.47. I will probably have more than 2 BNBs when the new currency goes online tomorrow and on the 20th.
Recently, there have been some complaints in the square. Some people bought at high prices before mining, and now they are complaining because the price has fallen. But if you think about it carefully, won’t you lose money if you buy other coins and the price falls? Buying BNB is like buying a hen, which will keep laying eggs for you. If you don’t even want to wait for it to lay eggs, why bother buying a hen? I think it is necessary to list some benefits of holding BNB to continue to recharge my faith. So what are the benefits of holding BNB? Try to sort out and list the following benefits:
(1) Transaction fee discount
Holding BNB and using it for trading can enjoy fee discounts, which can save a considerable amount of transaction fees for frequent traders.
(2) Discounted listing fees
Using BNB to pay for listing fees can enjoy discounts, which is a very good choice for project parties that want to issue new coins on the Binance platform. The more project parties hold BNB, will it also push up the price of BNB?
(3) VIP level upgrade
The amount of BNB you hold can be counted towards your VIP level assessment. The more BNB you hold, the higher your level will be, and the more privileges you will enjoy, including transaction fee discounts, API request times, withdrawal limits, etc.
(4) Wide range of ecological application scenarios
BNB is used as gas fee in Binance Smart Chain to pay transaction fees for decentralized applications. With the development of the BSC ecosystem, the demand and value of BNB are expected to continue to increase.
(5) Investment Optimization Channel
Through Binance Launchpad, Launchpool, and Megadrop platforms, users can use BNB to participate in subscriptions or pledges to obtain high-quality project tokens, participate in Web3 project airdrops, and have the opportunity to obtain generous returns, truly achieving a situation of killing two birds with one stone.
(6) Community construction and governance
BNB holders have voting rights in major decisions of the Binance platform and can express their opinions on matters such as coin listing projects and platform improvement proposals, enabling users to be the masters of the matter.
(7) BNB quarterly destruction
Binance has pledged to use platform profits to repurchase and destroy BNB, reducing supply, increasing scarcity, and helping to drive the BNB market price steadily upward.
(8) Partners’ Rights and Interests
Users holding BNB can enjoy exclusive offers and services provided by partner merchants, such as shopping discounts, travel packages, etc.
(9) Diversified payment application scope
BNB can be used in a variety of occasions such as credit card payment, stock investment, hotel reservation, real estate purchase, mobile phone purchase, lending, gaming and entertainment, etc., which increases the practicality and visibility of BNB.
(10) Additional income channels
BNB holders can also obtain additional income through staking, liquidity mining, BNB super mining, etc. In addition, the more BNB empowers, the easier it is to be fed back into the BNB coin price, and holders can enjoy the asset appreciation brought about by price increases. In my opinion, if Bitcoin is the irreplaceable belief of the B circle, then BNB continues to create income for holders. In my opinion, holding BNB is more valuable than holding other coins.
Holding BNB may not make you rich overnight, but holding on firmly will make you richer over time!