Post
Topic
Board Altcoin Discussion
Re: BNB Holders - What do you do with your BNB?
by
aemma
on 21/10/2020, 17:56:35 UTC
Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?

You have yours in savings account, you mean holding? Just hearing this for the first time I must confess, I hardly hold the coin nowadays.
Well one of the things you can do with BNB is using it for trading fees, it can also be used for gas fees when sending any token based on the Binance chain. Also, one of the prominent things people do with BNB is for IEO, holding a certain number of BNB affords holders the opportunity to participate in Binance IEOs. In addition, considering the efforts made so far by the Binance team to ensure their coin gets the best of attention and growth, I would say you made a great choice in holding it. Also, about the incentives you get from holding BNB, I think I will research more on that as well.