A Nice little BNB Surprise - Watch the BNB Rocket Moon!

avatar

So I've been using the Binance Exchange since it started operating. One of the first things I thought was interesting way back when was that you could pay much lower exchange fees by purchasing the Binance Coin (BNB) and using this to pay any fees. So back then it cost a fair bit of BNB to do exchanges because BNB only cost around $0.50c each. I am not sure how many BNB I burnt through over the past few years in exchange fees.

Well with the rise of DeFi and my decision to HODL for the long haul across the crypto winter, I haven't really used Binance for much trading lately. So to my surprise over the past few weeks I have watched BNB push higher and higher on the back of the Binance Smart Chain, reaching over $300 today.

Screen Shot 20210220 at 9.09.37 pm.png

I thought I'd better log in and see if I had any BNB sitting in my account, not expecting too many. To my surprise I found 1.5 BNB (not too much) hanging in there for some fees. Now at a purchase price of 50c to it's current price of close to $300, that is a 600% increase...... and a nice little surprise. So did I drop that BNB and cash out? No. I can see this rocket continuing to rise closer to $1000 possibly and at a purchase price of 50c I can afford to sit and wait!

Thanks for reading.



Posted Using LeoFinance Beta



0
0
0.000
3 comments
avatar

Cool! You found some forgotten treasure.
But it's not just 600% but 60000% if these figures make you more happy :)

0
0
0.000
avatar

Congrats ,you were upvoted from this account because you were in Top 25 engagers yesterday on CTPTalk .
You made a total of 1 comments and talked to 1 different authors .
Your rank is 17 .
For more details about this project please read here - link to announcement post
You can also delegate and get weekly payouts.

0
0
0.000
avatar

that is a very nice forgotten gold in the account. hahaha.
beside the price surge, BSC also is one of the growing chain which support Defi with cheaper fee then ETH

Posted Using LeoFinance Beta

0
0
0.000