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Binance Coin Profile (BNB)
Score: 6.82 | Good
Balanced Large Cap
Project Safety Score

Wed, Jul 28, 2021 12:08 PM

Score 6.82
Rating Good
Market Cap $52023673535.169
24hr Volume $1853462423.9057
Price $309.41233872571
Review

Binance Coin

coin

2ndgen blockchain

BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange launched. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO. However, the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum. The Binance Blockchain uses the Byzantine Fault Tolerance (BFT) consensus mechanism instead of mining.

Read more in the whitepaper:
https://whitepaper.io/document/10/binance-whitepaper

Binance Coin Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Binance Coin Safety Report

Binance Coin has a safety score of 6.82

Binance Coin is a large cap coin.

Binance Coin is suited to a balanced investment style.


Binance Coin Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:

Binance Coin Red Flags

There are currently no Binance Coin red flags.


Binance Coin Development Score

The Binance Coin project has 19 active source code repositories.

The most recent commit was Wed, Jul 21, 2021 4:52 PM

  • 926 Watchers
  • 6375 Stars
  • 113 Mentionable Users
  • 0 Vulnerabilities
  • 11 commits in the last 28 days.
Highlights:

Binance Coin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:

Binance Coin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Binance Coin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Binance Coin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:

Binance Coin Awareness Score

The awareness score indicates how well Binance Coin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Binance Coin is but a good measure of longevity is how well the project is known by the general public.

Overall Binance Coin this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:

Binance Coin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:

Binance Coin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Binance Coin Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Binance Coin Reviews

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

Community Signals

4

(1 Review)
Vote Winner
amazing
Bulls vs Bears
bullish
Watching
0
Trending Position
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Binance Coin Reddit
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Binance Coin News
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