Binance Coin Listed on Changelly
Changelly officially works with Binance, and we couldn’t be happier with that. Having a corporate account on Binance allows us to take the best rates from the platform and suggest them to users, so they can exchange coins effortlessly without using the Binance website itself.
Now it’s time to present you the native Binance Coin which is now listed on Changelly! Binance Coin is an underlying token of Binance that fuels the ecosystem and internal processes on the platform. The token is based on the Ethereum blockchain and runs on the ERC20 standard.
Binance Coin is essentially functions as a means to pay for trading fees on Binance and gain 50% discount on trading fees. The token is also used for making purchases via the Monaco platform and buying virtual gifts on Uplive, the largest live video platform in Asia.
For more information about Binance Coin, click here.
As of writing, the coin takes 15th place in the Coinmarketcap rank and $1,889,139,587 USD as market capitalization.
It is also important to mention that currently, the Binance team works on its own blockchain technology that will fuel new decentralized exchange and provide even more fluent transaction process. Binance Coin will power this project as well.
How to exchange Binance Coin on Changelly?
Partnering with Binance and listing their underlying token is a huge step forward for us. The exchange process with Binance Coin on Changelly is rather simple. The whole process takes a few simple steps as follows.
1. On the Changelly homepage, choose and specify the amount of BNB on the right and the coin you want to exchange on the left.
2. Check the information. Change the amount or the initial crypto, if needed. Proceed to the next step.
3. Enter your BNB wallet address. Since it is an ERC20 token, your wallet address must start with 0x. Press Next.
4. Carefully check all information before processing to the next step.
5. Send your coins to Changelly.
6. Let the magic happen and get your BNB just in 5–10 minutes.
Please note that the information on the screenshots above is given only for educational purposes and should not be considered as relevant. Do not send your funds to the addresses mentioned.
If you have any questions about Binance Coin, please contact our support team at support@changelly.com