eToro Lists Binance Coin (BNB) as Its 14th Cryptocurrency
We are pleased to inform you – Binance Coin is now available on eToro.
Here are a few things you should know about $BNB:
▪ Created by the world’s largest crypto exchange, Binance, BNB was launched in mid-2017.
— eToro (@eToro) October 29, 2018
With the addition of BNB, the eToro platform now supports 14 different cryptocurrencies, including IOTA (IOT), Ethereum Classic (ETC) and Cardano (ADA). While the app is not currently available to investors in the United States, eToro unveiled 2018 expansion plans with its latest $100 million fundraising round last March.
“Those new to cryptocurrency trading may wish to consider BNB as a viable option. It is considered more stable than the majority of other cryptocurrencies, as it is backed by a single exchange with a public address. Conversely, nobody knows the identity of the person who invented Bitcoin, despite its decade-long existence,” states eToro in its announcement.
The new listing comes several weeks after Binance conducted its 5th token burn, removing more than 1.6 million BNB ($17 million) from circulation.
Photo: Marco Verch / Flickr
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.