We at Casino Extreme are crazy about cryptos and because of that, we follow trends in the world of cryptocurrencies. The latest update at our casino is announcing the Binance coin (BNB) as one more method to make the payment instantly. When we say instant we really mean it because BNB has no confirmation period. It’s just one of its features that you will love. Read on for more information.
What is Binance Coin?
Binance Coin is a cryptocurrency that operates as a payment method for the fees associated with trading on the Binance Exchange. It started as an Ethereum-based (ERC-20) token that moved to its own custom blockchain called Binance Chain.
The Binance exchange was founded by Changpeng Zhao and the exchange is one of the most widely used exchanges in the world based on trading volumes.
Advantages of Using BNB
This cryptocurrency has several advantages. Probably, one of the most attractive is the ability to provide literally instant payment processing because it has no confirmation period. Therefore, all payments are processed faster than ever.
BNB has low fees. Apart from the fact it provides depositing with no waiting time, this crypto can cut the costs related to transaction fees.
How to Deposit With Binance Coin?
Depositing with BNB can be very simple if you know a few useful tips:
- The “Memo tag” field is very important. In this field, you will need to enter the ID which you will receive from us as part of the instructions to make the payment. In the same way we let you know about the address to which you should send the funds. Please note to fill in the “Memo tag” field because if you do not, it may happen that your funds get lost with no way to locate them. This is entirely up to Binance Coin, so we kindly ask you to comply.
- The second useful tip concerns the use of the proper network. The Binance coin processor accepts BEP2 and ERC20 networks. Therefore, please note to pick either of these. Otherwise, the transfer would most probably be difficult to perform.
Casino Extreme’s Special BNB Offer
If you hesitate about depositing for the first time using Binance coin, we at Casino Extreme may be able to help you decide. There is a special offer to encourage you. For the first BNB deposit, you will get 250% BONUS plus 75 FREE SPINS. The code to redeem is BNB250. Play now!