What is Binance Coin (BNB)?

Binance Coin (BNB) is a cryptocurrency that can be used to trade and pay fees on the Binance cryptocurrency exchange. Binance Exchange is the largest cryptocurrency exchange in the world as of January 2018, facilitating over 1.4 million transactions per second.

Binance Coin users receive discounted transaction fees on the Binance Exchange as an incentive. BNB can also be exchanged or traded with other cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc.

Binance Coin was created in July 2017 and initially worked on the ethereum blockchain with the ERC-20 token before becoming the native currency of Binance’s own blockchain, Binance Chain.

How do I bet using Binance Coin gambling site?

You will find that several online sportsbooks accept Binance gambling, so go to one of them if you want to bet with it. Using it is very easy, and if you have played online with other cryptocurrencies in the past, then the process of sending your funds and playing is very similar.

For some, the first step is to head to the Binance exchange and pick up some coins that you can use. When you have this in your crypto wallet, it’s time to make a transfer to your betting account, so you need to get your betting crypto wallet details and complete the transaction.

When the funds have been sent, and your bookie has acknowledged the transaction, they will appear on your bet balance for you to start spending. This means you can browse and choose the sports you want to bet on. Will you place your NBA acca with Binance coins, or see the next big event coming up in golf, tennis or other sports?

The process is very simple and easy to follow as long as you are familiar with making transfers from your crypto wallet to another. One good aspect of the betting industry is that many different bookmakers offer the same process for many things. This means if you place a bet with one bookmaker but feel like you want a change, then move to another, the process of getting funds will be pretty much the same, so you don’t have to study it again. Below we offer you a legit and trusted gambling site to bet your Binance coin.

 

Cloudbet crypto features all your favorite games, from casino, live casino, Esports and sportsbetting. Cloudbet sportsbook offers a good value and high odds with a betting limits of 10 BTC.

Cloudbet Review Cloudbet Mirror

 

1xbit supported all cryptocurrency for both deposit and withdrawal, they also offer a bonus for new players 100% that matches their deposit 1 BTC plus 1 BTC receive bonus.

1xbit Review 1xbit Mirror

 

How to deposit Binance Coin to gambling site?

Step 1: Select a Binance cryptocurrency casino. Select a Binance Coin casino and register an account.

Step 2: Put down your initial Binance coin deposit. Locate the “Deposit” button, which should be at the top of the casino’s webpage.

Step 3: Pick Binance cryptocurrency. Choose BNB as the cryptocurrency you want to use.

Step 4: Transfer the desired quantity of Binance coins. Send a sum to the supplied address and wait for it to be credited to the balance of your casino account.

 

• →Cloudbet link
• →1xbit link