Ether vs. BNB – use cases
Ethereum is benefiting from the Ethereum network, which has grown at an astonishing rate because it can support almost any DeFi system. Decentralized Applications (DApps) and Decentralized Networks (DeFi) have gained significant momentum. DeFi is experiencing modest growth as it competes with traditional banking systems, but DApps have grown in popularity, especially in the video game and decentralized exchange sectors. And Ethereum is almost the base cryptocurrency of these ecosystems.
The scope of BNB is more limited. Users can use them to pay transaction fees within Binance and receive discounts. This cryptocurrency is essential in the Binance ecosystem, which has over 30 million.
For example, participation in Launchpad on Binance for new cryptocurrencies is in BNB. in bid and profitable farming also available on Binance.
BNB vs. Ethereum – utility
Apart from payments, the Ethereum ecosystem provides many utilities that make it unbeatable. As we have already established, ETH supports a wide range of DApps – almost 3,000 in total – as well as decentralized financial systems and games.
BNB is split among centralized finance (CeFi) and decentralized finance (DeFi). This is the CeFi coin of the Binance cryptocurrency exchange, which is CEX. In addition, BNB is available on many DEXs such as PancakeSwap, where it is used to purchase many other tokens and pay BNB Chain network fees.
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Ether vs. BNB – Which cryptocurrency to add to your long-term portfolio?
Both cryptocurrencies are very utilitarian coins. Even if it is not for investment, cryptonauts buy them to invest in other projects or have access to certain services.
In addition, these 2 cryptocurrencies are relatively stable compared to most altcoins.
Better buy oneEther and BNB together to store them in your crypto wallet for a long time.