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The fourteenth largest cryptocurrency by market capitalization and the native token of the largest Binance encryption exchange, Binance Coin (BNB) gets a huge boost of adoption with its integration with the CoinPayments payment gateway which has over 2 million sellers in 182 countries and supports over a thousand encrypted.
BNB Adoption Gets a greater impulse
The native token of the largest Binance encryption exchange, Binance Coin (BNB) is ready for rapid kick-off. CoinPayments, a payment gateway that provides a range of options such as shopping carts and now purchases buttons to accept cryptocurrencies like Bitcoin and Litecoin is integrating BNB on its platform.
CoinPayments took on Twitter to share the announcement saying: "We are pleased to announce the integration of the @binance (BNB) currency in our platform.We are proud to help @cz_binance to promote the adoption of Binance Coin allowing merchants to accept BNB payments in their stores! "
In response, Binance CEO Changpeng Zhao said,
#useBNB with 2,300,000 traders with this integration. It's spreading! https://t.co/Y0ZFei8Spv
– CZ Binance (@cz_binance) November 17, 2018
The platform already supports over 1,060 cryptocurrencies and has over 2,328,000 sellers in 182 different countries. In his official blog, CoinPayments shared the reason for choosing Binance Coin (BNB),
"In the near future, the Binance currency will be the basic resource used for the decentralized exchange of Binance and the gas that powers the platform".
It also emphasizes the fact that BNB offers a lot of value to users such as discounts on trading commissions and wider use of the "large Binancian community" when using the Binance exchange.
Through the integration of CoinPayments, companies will be able to receive payments in BNB through any of the plugins that involve the main e-commerce platforms. WooCommerce, Shopify, Magento and many others provided by the platform.
At the fourteenth place, Binance Coin has a market capitalization of over $ 1 billion and in the last seven days has slipped into tandem with the cryptography market. At the time of writing, BNB was trading at a loss of 3.82% at $ 7.72. BNB is also registering in red on the BTC and ETH markets.
Summary
Item name
Binance Coin (BNB) now available at 2.3 million merchants with CoinPayments Integration
Description
The fourteenth largest cryptocurrency by market capitalization and the native token of the largest Binance encryption exchange, Binance Coin (BNB) gets a huge boost of adoption with its integration with the CoinPayments payment gateway which has over 2 million sellers in 182 countries and supports over a thousand encrypted.
Author
Pratyush Goyal
Publisher name
Coingape
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