Categories: Altcoin News

Binance Coin (BNB) Adoption gets a Swift Kick with 3 New Announcements

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The 14th ranked Binance Coin (BNB), the native coin of Binance cryptocurrency exchange is registering support from crypto payment gateway CoinGate, decentralized messaging platform ADAMANT, and global property store Propy.

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CoinGate, ADAMANT, & Propy drives BNB adoption

Crypto adoption is improving at a nice pace and now one of the biggest cryptocurrency exchanges Binance’s native token Binance Coin (BNB) is . Binance CEO, Changpeng Zhao (CZ) took to Twitter to announce these new developments.

The first instance is CoinGate, a bitcoin and altcoin payment gateway that has added support for BNB. It states:

“CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including Binance. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.”

Now, in order “To get started with accepting Binance as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.”

Another one is in-chat transfers for Binance Coin. ADAMANT, a decentralized messaging platform that includes complete cryptocurrency transfer integration now supports in-chat BNB transfers via its messenger platform.

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In order to send BNB in-chats, you have top-up your BNB wallet in the ADAMANT Messenger. Now to make the BNB transfer, open the chat with the person you want to send payment to and choose “Send BNB” after clicking the “Plus” sign. After this, you just enter an amount and confirm the transaction that also involves ETH to pay network fees.

Propy, a global property store with decentralized title registry” is another name into this list that adds support for BNB as CZ comments on Twitter:

Propy took to Twitter to announce:

“Propy will accept BNB for home buying! @Binance Chain is coming and $BNB, which is a great store of value today, will turn into programmable money. For the rapidly growing BNB community, we make it possible to invest in real estate with easy paperwork at Propy!”

Also, read: Binance Delisting Bytecoin, ChatCoin, Iconomi, & Triggers in 3 Days, Price in Deep Red

At the time of writing, BNB has been sitting at 14th position while trading with about 2 percent loss at $10.30.

To keep track of DeFi updates in real time, check out our DeFi news feed Here.

Achal Arya

I am an entrepreneur and a writer with a bachelors degree in Computer Science. I manage the blockchain technology and crypto coverages at Coingape. follow me on Twitter at @arya_achal or reach out to me at achal[at]coingape.com.

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