Betting with BNB – Binance History, Exchange Data and iGaming
Binance Coin Review: Origins and Betting Online at BNB Casinos Canada
Binance Coin (BNB) is a rather unique crypto creation in the sense that it was developed specifically to benefit users of its derivative Binance Exchange. The Binance Exchange deals in over 350 forms of crypto. Users can buy altcoins with fiat money, but if they purchase BNB first, then use BNB to purchase other cryptos, the exchange’s commission rates are deeply discounted. And, of course, you can deal exclusively in Binance Coin, using it to do other things in the digital realm – like gaming at crypto casinos.
Binance Coin Review |
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BNB Coin has been active since the fall of 2017, launching with a nominal value of almost US$0.11 per coin. Now, it’s part of one of the world’s top-rated digital wallets. See the time-stamp values below to track its growth rate over time, then scroll down to learn more about the history of BNB, where to buy it, and which crypto casinos offer BNB betting.
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History of Binance Coin |
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Binance Coin (BNB) launched in the fall of 2017 as a precursor to the launch of the Binance Crypto Currency Exchange. BNB were originally issued as ERC-20 tokens, transacting on the Ethereum network. In April 2019, the ERC-20 tokens were swapped 1:1 for BEP2 BNB tokens, supporting the transition from the Ethereum network to the new proprietary Binance Chain. BNB has performed well since its inception, rising in value from US$0.107 to start, to more than US$30 by December 2020. Nearly two years later, BNB continues to experience phenomenal growth, worth over $295 in November 2022. Since January 2018, the Binance Exchange has continuously held the title of the world’s largest cryptocurrency exchange. |
Where to Buy & Store BNB Coins |
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Note that BNB Coin is best purchased directly from the Binance Crypto Currency Exchange. All transactions made in BNB come with a 50% discount for the first year, dropping the commission rate to just 0.05% to start, and 0.1% thereafter. |
BNB Coin can be purchased on the Binance Exchange, as well as most high-profile coin exchanges like Coinbase and TrustWallet. You can even buy it at thousands of Bitcoin ATMs. As an ERC-20 crypto currency, BNB can be stored in any Ethereum wallet, or on its native wallet.
BNB Casinos Canada |
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Being part of the world’s largest crypto exchange, Binance Coin is accepted at a large variety of digital currency casinos. Having personally researched and accessed a plethora of crypto online gambling sites, I can recommend the following BNB online casinos: |
Playamo is a specialty casino tailored to players wishing to utilize bitcoins and play in a safe and anonymous manner. It caters to Canadians who use cryptocurrencies and also traditional cards like Visa/ Mastercard. Check the Playamo Canadian deposit options page ->here<- to see if your deposit modality of choice is accepted. Highly trusted, secure, and one of the select few Bitcoin enabled casinos that actually has a license, under Curacao.
Visit http://PlayAmo.com
About the Author
Adalene Lucas: is our jack of all trades here at DBC. She is a skilled coder, gambler, writer and webmaster. She lives in Manitoba where she enjoys the lush landscapes and camping near Tulabi Falls. Nature gives her inspiration to write. When she's not immersed in nature, her favorite words are "game theory". She lives with her husband and their two Labradors, Kophy and Whisper.
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