Coin of the Week  – Binance

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  • February 11, 2021
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11 February 2021.

Binance Coin is currently trading at $123.67 and is up 114.99% against the US Dollar over the past 7 days, making it our coin of the week!

  • Trading volume of Bitwise verified 10 exchanges (last 24hrs): $2,153,659,103.45
  • Active Addresses (7 day average): 3786k

What is Binance Coin?

Binance Coin is a digital currency issued by the cryptocurrency exchange Binance.

Binance coin is used as an incentive for token holders to avail lower fees levied by Binance exchange for using their services. These fees include, but are not limited to trading fees, exchange fees and listing fees.

The exchange token recently underwent one of its quarterly token burns, could this have influenced its positive price momentum this week?
More on the latest burn here

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