Add a little excitement to your MetaMask or Trust Wallet! BNB smart contract released in August 27 2021.
BNB is the Binance Exchange native token. BNB is used not only for holding it in your Binance Wallet, it is used also for receiving a discounted rate of twenty-five percent off your trading fees in the Binance Exchange.
However, BNB is much more useful than just discounts on trading fees. BNB has it’s own eco-system on the Binance smart chain.
Binance developed a launchpad for smart contracts and tokens to come online into the defi market. The BNB token is used to enter into tokens and smart contract on the Binance Smart Chain (BSC).
You can easily ad BNB the Binance Smart Chain Network to your MetaMask Wallet to participate in token sales, smart contracts, NFT’s, and other opportunities.
Smart contracts and NFT’s are going to be a huge part of the future. The entire world of collectables will be tokenized. This means that you will have the ability to own a piece of something that was never available to you before.
Unlike traditoinal stocks that requires you to buy a minum of one share, and usually more that one, crypto currency tokens are fractional. You don’t need to buy the entire value of the coin or token.
Most people can’t afford to buy one Bitcoin, but they can buy some of one Bitcoin, from just a few dollars worth, or thousands worth.
There are many other blockchain eco systems that support smart contract besides BNB.
Ethereum is the largest platform in the world for this case. Tron and Cardano are two other blockchains that also support smart contracts and NFT’s (non fungible tokens). There are others as well.
If you’re familiar with Metcalf’s Law, you know that the value of a network will increase as the number of users on the network increase. The greater the number of users, the more valuable a network or service will become.
BNB was fifteen dollars when I first purchased it. Now it’s trading in the four to five hundred dollar range.
This BNB Smart Contract is the perfect little side project to add a little more to your crypto income stream! Be sure to open this in the same browser your MetaMask or Trust Wallet is installed!Share Now!