The post BNB Chain Users Flee To Bitnance Token Presale for Store of Value — Crypto Gold for Holders appeared on BitcoinEthereumNews.com.

Advertisement &nbsp &nbsp After the crash of the Japan and United States stock market last week, it appears the idea of ‘store of value’ cryptocurrency has heightened in popularity. On the BNB Chain [blockchain],  the coming SOV token “Bitnance” appears to be going into a bullish buying cycle. Per reports and the official transaction address, nearly 52,000 $BTN tokens have been pre-purchased across the world in the bep-20’s presale. Most recent sales appear to come from card purchases while other users are trading their $BNB coins to buy the new Bitcoin rival. Choosing BTN over BTC Saves Traders Money The reason many crypto traders are choosing Bitnance is its core blockchain. The “Binance Chain” aka BNB Chain is faster, less costly, and more scalable than the Bitcoin blockchain. In terms of popularity, Bitcoin is the only cryptocurrency with a trillion-dollar market cap but it does not have the best blockchain nor its own multi-token crypto exchange. With Bitnance being a BEP-20 token, it allows users to trade and infuse into thousands of other cryptocurrencies seamlessly, with very minimal cross-chain fees. What are BNB Chain / BTN transaction fees for 2024? What’s the average Binance transaction fee?  According to YCharts the BNB Chain only costs users 0.002 of their transaction. Per $100, a transaction will complete at less than 1-cent, which is currently the crypto market’s lowest and best trading fee. Advertisement &nbsp This is a huge amount of savings for BNB chain users who choose to use the Bitnance (BTN) store of value token over BTC. The numbers would indicate it’s just a more thoughtful way; With the current economic downturn, it’s a decision of supreme intelligence. Everything must be saved. Crossing over to $BTC is simply too costly. What are the average Bitcoin Blockchain / BTC transaction fees? Trading in…

---

Filed under: News - @ August 10, 2024 9:14 am