Selina Mary

Crypto enthusiastic, author, and certified cryptocurrency expert. Also a passionate blogger.

Is Binance worth investment in 2020?

Binance Coin (BNB) was founded by the Chinese cryptocurrency exchange called Binance. The exchange launched the resource on July 08, 2017 as a way to supply a handy coin for the trading platform and its faithfulness program.

The Binance Coin predictions are mostly clear due to the truth that the coin combines both trading advantages of stablecoins and an opportunity to provide an analytical profit.

Price Analysis

Binance Coin has always been a very successful cryptocurrency. The coin’s value took around 5 months to grow from over 1 dollar per coin at the end of July to 23,45 USD on January 12, 2018.

BNB Price Prediction for 2020

Binance coin has been proved successful in 2019.Let’s have a look at its performance in 2020.

  • According to Wallet Investors, it is a long-term investment that has an earning potential of 85.5%. The price will not completely drop, and in 2020, it will be $24.1.
  • Trading Beasts states the rate will grow up to $19.55 in 2020.
  • Digital Coin Price predicts that BNB coin is a profitable investment as the coin price will double to $30.7 in 2020.

So Binance Coin (BNB) investment can give you a good experience making the Binance exchange platform better. So, holding some BNB coins offers a lot of advantages.

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