Our weekly crypto derivatives analytics report delves into macro events; the current state of crypto and trading signals from spot trading volume; and futures, options and perpetual contracts.

Since hitting a local bottom on Mar 11, 2025, crypto asset prices have experienced a two-week rise, following a recovery above $87K for BTC and $2K for ETH. XRP remains stable, but BTC and ETH are still below their levels from the start of the year. SOL is also down for the year, despite reaching an all-time high (ATH) in January 2025 that coincided with the 

. While derivatives markets aren't bullish yet, they've reversed much of the bearish sentiment, although demand persists for puts on BTC and ETH.

Please check out the report’s highlights.

For most of this past week, perpetual open interest remained flat, reflecting a cautious risk-off sentiment across asset classes. This changed briefly with a partial spot recovery that allowed BTC to reach $88K (a two-week high), which led to slight increases in perp open interest and trade volume primarily driven by BTC. However, trade volumes are still significantly lower than at the start of the month when US president Donald Trump proposed a crypto strategic reserve for the big four tokens.

Negative funding rates point to bearish sentiment

Despite a week of lower realized volatility and positive performance among major crypto assets, funding rates for BTC and ETH contracts have remained mostly negative, indicating that short positions are paying long positions. This reflects a bearish sentiment not present in large-cap altcoins, whose funding rates have fluctuated between positive and negative without a clear directional trend.

Implied volatility levels have dropped by 3–5 points from last week, with 30-day options trading at their lowest level since the year's start. Realized volatility is nearing the 30% low established in late February. As is typical during periods of low volatility, options market activity has decreased, with open interest remaining low and balanced between puts and calls despite about $40M in weekly expirations.

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Bybit X Block Scholes crypto derivatives analytics report (Mar 27, 2025): Cautious sentiment prevails despite price recovery

Learn about Mubarak (MUBARAK), the BNB Chain meme coin fueled by community hype and speculation over potential listings.

Mubarak (MUBARAK) is a community-driven meme coin on 

 that’s quickly gaining popularity, due to strategic community engagement and cultural branding targeted toward Middle Eastern investors. This guide explores Mubarak’s unique features, tokenomics, recent market performance and trading options.

Mubarak (MUBARAK) is a community-driven meme cryptocurrency built on BNB Chain. It was launched on the 

 Inspired by an Abu Dhabi company’s $2 billion investment in Binance, MUBARAK — which means “blessed” in Arabic — carries a unique appeal for Middle Eastern crypto markets. This targeted cultural approach distinguishes MUBARAK from other 

, giving it particular appeal in regions with growing crypto enthusiasm.

Shortly after the coin’s launch, its community quickly took control over it, guided prominently by the influential persona 

 on social media platform X. Users can also create Mubarak-themed avatars on the website, giving influential figures a dash of Middle-Eastern charm — from CZ and Portuguese soccer star Cristiano Ronaldo to beloved meme coin mascots 

. The meme coin quickly attracted attention, due to its engaging branding and strategic community management, amassing a total of 12,400 followers in just two weeks. 

What’s the source of MUBARAK’s popularity? 

MUBARAK stands out from typical meme coins, thanks to several major Binance-related events accelerating its market visibility. 

On Mar 12, 2025, Abu Dhabi investment company MGX made history by investing $2 billion in Binance. This represented the largest single investment in the whole of cryptocurrency history, signaling strong confidence in the industry. It was also a pivotal moment that firmly established the Middle East as a key player in the crypto space. Right after MGX’s mind-blowing investment, CZ tweeted several Mubarak-related posts, leading to the eventual birth of MUBARAK the very next day.

Binance Alpha, a dedicated platform for emerging and promising BNB Chain tokens, promptly listed MUBARAK on Mar 15, 2025, further validating the meme coin's potential. This integration enhanced MUBARAK's credibility, trust and market exposure, attracting a broader investor base beyond that of typical meme coin enthusiasts.

The second significant event that led to the greatest boost in its price and market cap took place when CZ personally bought 1 BNB worth of MUBARAK (around $600 at the time of purchase) on Mar 17, 2025. Both its listing and CZ’s purchase of the coin within a matter of two days pushed the coin to an all-time high (ATH) of $0.21 by Mar 18, 2025. While MUBARAK rapidly declined from its ATH to $0.13 just one day later, CZ’s cryptic endorsement for the coin briefly ignited more community excitement. 

On Mar 19, 2025, CZ sparked speculation in the Mubarak community by changing his X profile picture to feature himself wearing traditional Arab attire. The crypto community widely interpreted CZ’s subtle gesture as a potential endorsement or “hint” toward future Binance involvement. This led to a rapid increase in Mubarak's price (over 30%) within the same day as it reached $0.165 and briefly touched a $166 million market cap.

Mubarak’s straightforward and transparent tokenomics (below) are designed to foster investor confidence and community engagement.

Mubarak's simple token structure and availability on a reputable 

 (DEX) enhance accessibility, providing investors easy entry and liquidity options without relying solely on 

As of Mar 28, 2025, MUBARAK is priced at $0.096, reflecting a 55.3% decrease from its ATH of $0.21 on Mar 18, 2025, and a 237% increase from its all-time low (ATL) of $0.028 on Mar 16, 2025. It has a current market cap of $95 million and a 24-hour trading volume of $306 million.

MUBARAK’s price surged over 480% from the time of its launch, primarily due to strategic visibility from its Binance Alpha integration, speculative interest following CZ’s interactions and growing enthusiasm for meme coins in the crypto market. At its peak, MUBARAK achieved a market cap of approximately $166 million, reflecting significant investor confidence and demand.

Mubarak (MUBARAK) has quickly established itself as an influential meme coin in the crypto market, boosted significantly by strategic integrations like Binance Alpha, and speculative attention fueled by former Binance CEO Changpeng Zhao’s interactions. Its unique cultural branding, particularly appealing to Middle Eastern crypto circles, has further amplified its market visibility and adoption. However, investors must approach meme coins with caution due to these assets’ speculative nature, which often leads to considerable volatility and potential risks.

If you're interested in participating in MUBARAK’s growth story, you can trade 

, where you can participate in high-risk/high-reward Perpetual contract trading with up to 12.5x leverage.

Beginner

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Mubarak (MUBARAK): Arabic-themed BNB Chain meme coin

Margin Staked SOL is a Bybit product that allows you to earn SOL staking rewards and utilize leverage of up to 2x to amplify your earnings.

 can be a great way to earn yield in crypto, and 

 (SOL) is one of the most popular blockchain platforms for doing so. However, setting up and running a Solana validator node is technically complex. Additionally, financial requirements for Solana validators are high. While the official minimum stake is just 0.01 SOL (around $1.33), in reality, a typical Solana validator needs 

 staked just to break even — an investment of about $6.66 million (as of Mar 28, 2025).

Most crypto users who would like to benefit from staking rewards on Solana simply don’t have that kind of capital. And many don’t want the hassle of setting up a full validator node.

Back in September 2024, Bybit introduced 

 (LST) that lets you earn Solana staking rewards with minimal investment, and no need to manage a validator node.

bbSOL has been a major success, allowing Bybit users to earn staking rewards without technical or financial barriers. Now, Bybit is taking it a step further with Margin Staked SOL — a new Solana staking product that utilizes bbSOL and offers leveraged borrowing to amplify the rewards.

 is a Bybit leveraged liquid staking product that’s designed to help you earn Solana staking rewards with minimal hassle.

 Using it, you can invest your SOL and Bybit will allocate the funds to Solana blockchain validators, allowing you to earn staking rewards. When you stake through Margin Staked SOL, you receive bbSOL, an LST that serves as a deposit certificate and accrues staking rewards. Unlike standard bbSOL staking, Margin Staked SOL allows you to use 

For example, if you have 100 SOL and opt for 2x leverage, the total amount committed to Solana staking will be 300 SOL — your 100 SOL principal plus the borrowed 200 SOL. You’ll pay interest (which is variable and calculated hourly) on the borrowed amount.

Bybit allocates your total staking amount through 

 (CLOUD), Solana's leading liquid staking solution. Sanctum's 

 distributes staked funds across multiple validators to optimize the total yield.

The key advantage of Margin Staked SOL is its capacity to amplify staking rewards through leverage. In addition, you don't need to handle the technical complexities of running a Solana validator. The minimum investment required is just 0.5 SOL (around $70), drastically lower than the millions of dollars needed to run a profitable validator node in Solana's highly competitive staking ecosystem.

Upon committing your funds to Margin Staked SOL, you’ll receive the bbSOL LST. All staking rewards accrue in this asset, and you can redeem your investment at any time by exchanging bbSOL for your original SOL. After deducting interest on the borrowed funds, you’ll receive your SOL, along with all the accrued rewards. bbSOL accumulates rewards every time a Solana epoch is completed, typically taking 2–3 days.

As an LST, bbSOL normally allows you to keep your original SOL locked while using the liquid token across the Solana 

 (DeFi) ecosystem, and within Bybit products like On-Chain Earn, Bybit Savings and Crypto Loans. However, when bbSOL is issued via Margin Staked SOL, it must remain locked, and cannot be used in other Bybit or DeFi products. It acts solely as your deposit confirmation, and continues accruing rewards until you withdraw from Solana staking via Margin Staked SOL.

Interest on the borrowed funds within Margin Staked SOL is calculated hourly, with any duration under one hour rounded up to a full hour. The interest rate is variable, and updates every hour. You can check the current rate in your account under 

Rewards in Margin Staked SOL aren’t distributed immediately. Instead, they accumulate in your bbSOL, and can be redeemed at any time alongside your SOL principal investment. Bybit provides two redemption options for bbSOL:

If your PnL position declines beyond a certain level during staking, Bybit will send you a margin call notification via email, prompting you to either redeem your investment or contribute more SOL. If your PnL drops even further, an automatic stop-loss transaction will be triggered to redeem your funds and cover the loan and accrued interest. These measures are designed to protect you from unexpected losses.

Besides Margin Staked SOL, Bybit also offers another product for those who would like to earn yields from hassle-free decentralized staking: 

. There are three key differences between the two products: 

1) Unlike On-Chain Earn, Margin Staked SOL allows you to use leverage, amplifying your potential returns and risks. 

2) On-Chain Earn creates opportunities for staking on several blockchains, while Margin Staked SOL is a solution that’s designed exclusively for Solana staking.

3) Staked assets in On-Chain Earn can be withdrawn and utilized in their respective blockchain ecosystems, whereas the bbSOL from Margin Staked SOL is locked solely for yield generation, and cannot be used elsewhere. 

How to get started with Margin Staked SOL

Here’s how to get started with staking your SOL.

: In your account’s navigation pane, click on 

: On the left side, you’ll see the APR chart for the product, containing information on the Net APR; the trend over the past 1,7 or 30 days; and the highest and lowest Net APRs over a selected time period.

: On the right side, you can set options for your Margin Staked SOL (the leverage ratio and the SOL amount to transfer from your main account). You’ll see the amount of automatically calculated bbSOL you’ll receive, total borrowed amount and estimated daily yield.

to view a detailed breakdown of your bbSOL holdings. Then, click on either

: On the confirmation pop-up window, enter the amount of bbSOL you wish to redeem, or click on 

to redeem your full balance. Review the details, then click on

 to proceed, depending upon your earlier choice. 

to finalize your redemption on the redemption confirmation pop-up. Your redeemed SOL will be sent to your 

Until Apr 4, 2025, 10AM UTC, you can also take advantage of Bybit’s 

 campaign that’s dedicated to the Margin Staked SOL product. This campaign lets you earn up to 10 Lucky Draw tickets, each guaranteeing at least a 1 USDT 

, with a chance to win up to 100 USDT. In order to participate in the campaign, you must register for the event and complete a series of tasks as follows:

Bybit’s Margin Staked SOL allows you to earn Solana staking rewards without the hassle of setting up and running a validator node — all via your account’s easy-to-use interface. The leverage option is also a great way to multiply your rewards. Moreover, the minimum investment is minuscule, especially compared to running a Solana validator, and there are two easy redemption options — and all of these benefits without needing to interact with the underlying Solana blockchain!

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Bybit Margin Staked SOL: Unlock higher yields with less effort

Animoca Brands has partnered with Soneium, Sony’s Ethereum Layer 2 blockchain, to develop Moca Network’s identity layer and launch anime initiatives on Soneium.

The S&P 500 fell 0.33% as tariffs and inflation concerns weighed on markets, with energy, tech, and communication sectors leading losses. Gold hit a record $3,059 as Trump’s tariffs fueled trade war fears, boosting safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, are down by 1.01%, with Bitcoin up by 0.55% and Ether down by 0.18% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is CARV, up 9.2%, as it expands globally and redefines data ownership.

CARV (CARV), founded in 2022, is a modular data layer empowering users to control their data, enhancing privacy for gaming and AI systems through its CARV Protocol and ecosystem platforms. 

, advancing AI, gaming, and data ownership with its SVM Chain, which ensures privacy, scalability, and interoperability between Ethereum and Solana. With listings on Tokocrypto and Mercado Bitcoin, CARV is targeting Southeast Asia and Latin America, where users can better control and monetize their data. The $CARV token powers governance, gas fees, and incentives, fostering a user-owned data economy. Strategic partnerships with Kite AI and ARPA enhance AI intelligence, verifiable randomness, and blockchain security.

Check out the latest prices, charts, and data of 

, Sony’s Ethereum Layer 2 blockchain, to develop Moca Network’s identity layer and launch anime initiatives on Soneium. Moca Network’s AIR SDK will integrate into Soneium, enabling decentralized identity (DID) and reputation features, starting with San FranTokyo’s Anime ID. This collaboration aims to onboard anime fans to blockchain-powered experiences and enhance engagement across anime, gaming, and Web3. Sony’s Soneium, developed by Sony Block Solutions Labs and Startale Group, seeks to merge creativity and technology, while Animoca Brands’ partnership strengthens the digital identity infrastructure for an interconnected Web3 ecosystem.

Yesterday, BTC spot ETFs saw $85M in inflows, all from non-GBTC funds.

, allowing users to earn Fragments through Galxe and Zealy quests, potentially qualifying for an airdrop. Participants must complete quests, connect wallets, and use a referral code. Points update weekly, and the program may be limited in duration.

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Animoca Brands and Sony’s Soneium partner to enhance digital identity and anime experiences in Web3

Bybit Learn

Altcoins

Binance Coin, or BNB, is a native token of the Binance ecosystem and powers the BNB chain ecosystem.

Binance Coin (BNB) has emerged as a pivotal player in the cryptocurrency ecosystem, powering the world’s largest cryptocurrency exchange, Binance. Its versatile functionality and growing adoption have driven it to become one of the top cryptocurrencies by market capitalization. Are you curious about BNB’s origin, utility, and its importance in the Binance Smart Chain? This comprehensive guide will navigate you through the essentials of what is BNB crypto, its tokenomics, regulatory landscape, and how to buy, store, and trade it.

We’ll dive deep into the evolution of BNB, its expanding use cases beyond the Binance exchange, and its critical role in the Binance 

. Additionally, we’ll discuss what is BNB crypto in terms of its tokenomics, the coin burning mechanism, and the regulatory challenges faced by Binance. By the end of this guide, you’ll have a thorough understanding of BNB’s potential as an investment and its significance in the ever-growing world of cryptocurrencies.

BNB, or Binance Coin, is the native cryptocurrency of the Binance exchange, specifically designed to facilitate trading and offer various benefits to its users. Being the largest cryptocurrency exchange by trading volume, Binance has integrated BNB as a key component of its ecosystem. BNB not only powers the Binance platform but also runs on the Ethereum blockchain using the 

 protocol, making it compatible with Ethereum-based apps. BNB, an acronym for “build and build”, serves various functions such as creating new tokens, sending, receiving, burning, and minting on the Binance Chain. Users can also trade and invest in Binance coins, further expanding their utility within the ecosystem.

 (ICO) at a price of $0.10 per token, BNB has experienced remarkable growth. As of August 15, 2023, BNB is the fourth-largest cryptocurrency in terms of market capitalization. The success of BNB arises from its multiple uses and its connection to the Binance exchange, a notable entity in the crypto market.

BNB was introduced through an ICO in 2017, raising $15 million by selling 100 million BNB tokens at a rate of 15 cents per token. The funds generated during the ICO were allocated for various purposes, including 50% for branding and marketing initiatives and 33% for the development and enhancement of the Binance platform and related ecosystem. Initially developed on the Ethereum blockchain, BNB later migrated to its own Binance Chain, to foster its ecosystem and enhance BNB accessibility.

Currently, the Binance Chain is a high-performance blockchain network designed for smart contract-based applications, such as a decentralized exchange and other DeFi products. This move has enabled Binance to have greater control over the development and scalability of the Binance Chain.

As BNB progresses, it cements its place as a prominent cryptocurrency, fueling the Binance ecosystem and providing diverse utility to its users.

BNB has seen a meteoric rise in its market position since its initial launch. In just a few years, its market cap has soared from below $7 billion in 2020 to surpassing the $90 billion mark twice in 2021. As of August 15, 2023, BNB placed fourth, in terms of market capitalization. It is just behind Bitcoin, Ethereum, and Tether.

Its impressive growth can be attributed to the expanding use cases of BNB and the dominant position of Binance in the centralized crypto exchange market, which holds a 43.9% market share. However, please note that BNB’s market position may vary occasionally due to market fluctuations.

As the crypto landscape continues to evolve, the performance of BNB will likely be influenced by various factors, including market trends, technological advancements, and regulatory changes.

The primary purpose of BNB is to cover transaction and trading fees on the Binance exchange. However, BNB’s utility extends far beyond the Binance platform, offering benefits in payments, investments, and a variety of online services. BNB has become an attractive option for merchants who can accept it as a form of payment, as well as for users who can use BNB as collateral for loans on certain platforms. With its expanding use cases, BNB has emerged as a versatile and valuable asset in the world of cryptocurrencies.

The subsequent sections will discuss the main utilities of BNB, such as trading fee discounts and its broadening applications beyond the Binance exchange. We will examine how BNB’s distinct features contribute to its success and its diverse offerings to users.

One of the most appealing aspects of holding BNB is the trading fee discounts it offers on the Binance exchange. Users who hold BNB in their Binance account can enjoy a 25% discount on their trading fees, which is applicable to both spot and margin trading fees. Additionally, a 10% discount is available for futures trading fees. The BNB trading fee discount program is valid until a specified date, which can be found on the Binance website. It’s important to consider the bnb price when planning your trading strategy, as it can impact the overall cost of your transactions.

By providing trading fee discounts, Binance motivates users to retain and use BNB for their transactions. This not only boosts demand for BNB but also promotes user participation in the Binance ecosystem. The discounts available for BNB holders make trading on the Binance platform more cost-effective and appealing to a broader range of users.

Beyond the Binance exchange, BNB’s use cases have expanded into various sectors. BNB is a cryptocurrency that can be used as payment for transaction fees on Binance.com, Binance DEX, and Binance Chain. This provides more convenience in performing trading activities in the cryptocurrency marketplace. Additionally, BNB can be accepted as payment at establishments that accept cryptocurrency and can be used to invest in Initial Coin Offerings (ICOs) listed through Binance’s Launchpad program.

Moreover, BNB has been integrated into online services as a payment option, allowing users to utilize BNB for payment of goods and services online, transaction fees on the Binance exchange, and online services on various websites. With its increasing applications and integration into diverse platforms, BNB continues to emphasize its relevance as a useful and flexible cryptocurrency.

Binance Smart Chain (BSC) is a high-performance blockchain network developed for smart contract-based applications, including decentralized exchanges (DEXs) and other DeFi products. It is an additional blockchain to the Binance Chain, aiming to provide lower transaction costs and a platform to create decentralized applications (DApps) and other DeFi products. BNB plays a pivotal role in the Binance Smart Chain ecosystem, acting as the main utility token and fuel for transaction fees.

In the subsequent sections, we will tackle BNB’s central role in the Binance Smart Chain, discussing its usage in transaction fees, staking, and governance. We will also compare Binance Smart Chain to Ethereum, highlighting the advantages BSC offers in terms of transaction speed, cost, and benefits for users and projects.

As a governance token, BNB holders are privileged to participate in the decentralized on-chain governance of Binance Smart Chain. This grants BNB holders the ability to influence the decision-making process and contribute to the network’s consensus mechanism. Overall, BNB’s role in the Binance Smart Chain is crucial for maintaining its functionality, security, and accessibility.

Binance Smart Chain offers several advantages over 

, most notably in terms of transaction speed and cost. With an average block time of approximately 3 seconds, BSC boasts significantly faster transaction speeds compared to Ethereum’s 18 transactions per second. Additionally, BSC’s transaction fees are generally lower than those of Ethereum, making it a more cost-effective option for users.

Binance Smart Chain’s centralized network with 21 validators provides a different level of security and scalability compared to Ethereum’s decentralized network with over 11,000 validators. This has attracted users and projects that prefer faster and cheaper transactions, contributing to BNB’s success and its increasing adoption in the crypto community.

BNB’s tokenomics involve a limited supply and a coin burning mechanism to maintain its value. The coin burning mechanism involves Binance burning a portion of its BNB holdings every quarter, reducing the overall supply and potentially increasing the token’s value. This process is independent and verifiable, with quarterly reports detailing the figures.

BNB has a maximum supply of 200 million tokens. The initial distribution of BNB tokens included allocations for the founding team, angel investors, and a public sale. Furthermore, Binance uses a portion of its profits to repurchase and burn BNB tokens, ensuring an equitable distribution and maintaining a stable value.

By preserving a limited supply and implementing diverse distribution mechanisms, Binance aims to create a sense of scarcity and potentially enhance the value of the remaining tokens. This strategy ensures transparency and equal opportunities when it comes to token distribution, making BNB a more attractive asset for investors and users alike.

 mechanism significantly helps to maintain BNB’s value by reducing the number of coins in circulation. Binance performs quarterly coin burns, with the most recent burn occurring on April 14, 2023, when a total of 2,020,132.25 BNB, valued at approximately $676,744,304 USD, was burned. By reducing the circulating supply, this mechanism helps to increase the value of BNB tokens and burn Binance coins.

Moreover, Binance’s auto-burn mechanism adjusts the number of BNB to be burned according to its price and the number of blocks created on the BNB Smart Chain. This ensures a stable value for BNB and provides a long-term growth strategy for the token. The coin burning mechanism not only maintains BNB’s value but also serves as a unique selling point for the cryptocurrency, setting it apart from other tokens in the market.

Binance has encountered regulatory obstacles in various jurisdictions but is striving for compliance. In recent years, the exchange has encountered allegations of operating an illegal exchange, running unregistered exchanges, and purportedly misrepresenting trading controls and oversight. Despite these challenges, Binance remains optimistic about the regulatory landscape for cryptocurrencies on a global scale.

 faced by Binance and its continuous efforts to comply with local and international regulations. We will highlight the challenges the company has faced in various countries and the proactive measures it has taken to address these concerns.

Binance has been subject to regulatory action in multiple jurisdictions across the world. These include the Cayman Islands, Japan, Malta, the Netherlands, Malaysia, the United Kingdom and Thailand. The company has faced allegations of operating without permission from financial regulators and misrepresenting trading controls and oversight. Additionally, Binance was not licensed, registered, or authorized to operate in Japan, Malta, and the Cayman Islands.

These regulatory challenges have prompted Binance to adapt its operations and seek compliance with local and international regulations. By addressing these issues and working closely with regulators, Binance aims to ensure the continued growth and success of its platform and the BNB token.

Responding to regulatory challenges, Binance has taken proactive measures, like suspending euro transactions and adapting to regulatory changes. The company has also voiced its support for a holistic approach to regulations and demonstrated its commitment to compliance.

Binance has actively sought and obtained licenses in multiple jurisdictions, such as:

BNB can be bought, stored, and traded through various platforms and wallets, such as Bybit. It is essential to understand the process of purchasing, storing, and trading BNB to make the most of this versatile cryptocurrency.

In this section, we will provide a step-by-step guide on purchasing, storing, and trading BNB on different platforms. We will discuss the different options available for purchasing BNB, the most secure wallets for storing your tokens, and the trading pairs and platforms that support BNB trading.

When purchasing BNB, you can choose between placing a market or limit order. A market order will be executed immediately at the best available price, while a limit order lets you specify a price at which the order will be executed or better. No minimum amount is required to purchase BNB on Bybit.

After purchasing BNB, it is important to securely store it in a compatible wallet. Some of the most secure wallets for storing BNB include:

These wallets provide varying levels of security and convenience, so it is crucial to choose one that aligns with your needs and preferences.

When choosing a wallet, weigh the pros and cons of each type. Hot wallets, which are connected to the internet, are more convenient for daily transactions but are less secure. Cold wallets, stored offline, offer greater security but may be less convenient for frequent transactions. By selecting the most suitable wallet for your needs, you can ensure the safe storage of your BNB tokens.

BNB can be traded on Bybit, with numerous trading pairs available. The most popular trading pair for BNB is USDT/BNB.

By understanding the various trading pairs and platforms for BNB trading, you can make educated decisions and optimize your trading strategy. As with any investment, it is essential to conduct thorough research and stay up-to-date with market trends and news to make the most of your BNB trading experience.

Binance Coin (BNB) has established itself as a powerful player in the cryptocurrency ecosystem. Its versatility and utility within the Binance platform, as well as its expanding use cases in payments, investments, and online services, make it a valuable asset for crypto enthusiasts and investors alike. From its beginnings as an ICO to its current status as the native token of the Binance Smart Chain, BNB has shown tremendous growth and potential.

With a solid foundation in its tokenomics, a coin burning mechanism, and proactive efforts towards regulatory compliance, BNB continues to assert its importance in the ever-evolving world of cryptocurrencies. Whether you are new to the world of digital assets or an experienced trader, understanding BNB’s unique features, market position, and utility can open up new opportunities and enhance your cryptocurrency journey.

Binance Coin can be used to invest in stocks, 

 and other assets on different platforms, as well as collateral for loans and to split expenses.

BNB has shown strong performance in the past and is backed by numerous projects and initiatives, making it a potentially profitable long-term investment. However, make sure to assess your own risk tolerance before investing and never invest money you are not willing to lose.

What is the coin burning mechanism for BNB?

BNB holders benefit from Binance's coin burning mechanism, which burns a portion of BNB holdings every quarter and reduces the overall supply, potentially increasing the token's value.

Secure and reliable wallets for storing BNB include Ledger Nano S, Trezor Model T and 

What Is Binance Coin (BNB) and Is It Worth Your Investment?

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