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What is Binemon (BIN) coin and how does it work?

by Financial Economy

Binemon is a virtual PET NFT game developed on the Binance Smart Chain, combining elements from an idle RPG game. Created in March 2020 by anonymous Filipino, Indian, Chinese and Vietnamese developers, BIN Token is the cryptocurrency used for in-game purchase of eggs of four different races and in-game NFT trading. Detailed information some questions about what is Binemon (BIN) coin, how it works, its advantages and disadvantages, which exchange is it avaliabe on, how to by it, etc are in continuation of the article. You can browse here for information about Blocery (BLY) coin.

What is Binemon (BIN) coin and how does it work?

Binemon, inspired by Pokemon and brought to life by anonymous developers, aims to provide an immersive and competitive win-win game experience. In the game, which is about the coming to Earth of creatures called Mons, created by Extraterrestrial beings, players collect NFTs offered to fight their Mons and continue their gaming experience.

Binemoon has both PvP and PvE gameplay. BIN Coin is the BEP-20 token needed by players who want to get their own pet and join the Binemon game and improve their character.

Binemon token advantages and disadvantages!

Binemon (BIN) Token benefits include:

  • Being inspired by a familiar story like Pokemon strengthens the industry’s belief in project success.
  • Game features such as getting your own pet to participate in the game, strengthening the character and leveling up make the use of BIN Coins widespread.
  • With a low gas fee, players can reduce their costs in the NFT market.

Binemon (BIN) Token disadvantages are listed below:

  • The regular decline in prices may lead to a decrease in investors’ belief in the bullish trend.
  • Its supply, which is determined as 1 billion units, may trigger inflationary concerns.
  • It may be necessary to use a hardware wallet against risks such as attack and theft.

Which exchange is BIN coin on?

Binemon coin is listed on some cryptocurrency exchanges such as XT.COM, Gate.io, MEXC, LATOKEN, Hotbit, etc.

How to buy BIN coins?

Binemon coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

BIN token supply!

Total supply of Binemon coin is 934.870.751  units.

BIN token price!

As of January 5, 2023, at the time of the writing, 1 Binemon token price is around $0.0038 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

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