CoinKit Enables Binance Coin (BNB) Tipping On Binance Exchange’s Second Anniversary
It’s hard to believe that Binance is two years old now. The company is so important and successful that it seems like it has been with us forever. Now, in order to commemorate the anniversary, CoinKit has been working on creating a tipping option for BNB tokens on their platform.
Users from programs such as Twitter, Telegram, Slack and Discord will be able to use BNB tokens to tip other people using CoinKit. Before now, BNB had a very niche use case. You could use to get discounts on trading fees when trading on Binance or to participate in token sales.
BNB was one of the tokens that had the best results this year. The token is up 600% so far since the year started. That is better than Bitcoin, which is faring considerably better than most of the traditional assets in the market this year.
Tipping is a very important trend in the crypto world. While some people prefer to use the tokens as a way of payment, tipping is ideal for some users especially because it’s easy to do and it does not require a lot of money.
The trend was mostly started by XRP’s TipBot back in 2017 but CoinKit has been creating its own in the area since last year and it has been getting some interesting results.
According to the CEO of Binance, Changpeng Zhao, BNB will now have another powerful use case for people who are interested in tipping people on the internet.
At the time of this report, you can use Binance Coin, Uniform Fiscal Object, Dogecoin, Trezar Coin, Nexus, PIVX, and BitTube to tip other people.