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      "permlink": "the-binance-coin-bnb-is-on-fire-up-13-today",
      "title": "The Binance coin (BNB) is on fire - up 13% today!",
      "body": "I consider myself a conservative crypto investor (in the measure such a thing is possible). I rarely invest outside out the top 10 Cryptos by market cap and then not on tokens unless I can see a real utility to them. Once such opportunity is the [Binance coin](https://www.binance.com/?ref=26770699) and I must say it is currently doing very well, being up 13% today. \n\nBut first a bit on how I came to purchase this coin. a few months back I decided that I wanted to diversify my cryptocurrencies portfolio a bit and wanted to add some Cardano (ADA). the problem was that currently this is not supported by Kraken. After a bit of market research I decided to open an account on[Binance](https://www.binance.com/?ref=26770699)  as it is one of the largest Crypto-only exchanges around and it carries a lot of cryptocurencies not available on more established exchanges. Once I has sent some Etherum (ETH) and purchased my ADA I noticed an interesting toggle in my account: use BNB to pay for trades and get a 50% discount. Oh my, a token that actually saves me money! I decided to have a look at the price of BNB and liked what I saw: \n\n ![image](https://img.esteem.ws/rwd9a0ttd9.jpg)\n\nAs you can see the price of BNB has consistently gained not only against the dollar but also against bitcoin! There is some logic to this, as more users join the exchanges more and more people want to buy the token to benefit from the savings, which creates upward pressure on prices. Another factor is that the exchanges regularly retires some BNB based on their profits, thus reducing supply. Growing demand + reduced supply = price appreciation. \n\nI think that there is value in the tokens that can provide an immediate benefit for holding them, and this is a good example. I think that BNB is till a good investment today, but if you feel that the train has left the station there is a Brazilian exchange currently [conducting an ICO for a similar coin: CHBR](https://www.ico.criptohub.com.br/?utm_source=8314) I will try to publish soon a follow up article on CHBR!",
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      "body": "Sylvie and I had planned a weekend trip to the Belgian coastal town of Ostend. By chance this was also the time of the local food truck festival both local and international fare.\n\n![IMG_20180602_200841.jpg](https://cdn.steemitimages.com/DQmRSk8qKcDY5edRQ7aKACHihFSvVLaobi6HWN5eiqmV84n/IMG_20180602_200841.jpg)\n\nFirst we have the classic barbecue, except this one is carried on Buddha's shoulders! \n\n![IMG_20180602_201054.jpg](https://cdn.steemitimages.com/DQmSo4E63toaZ8jx1NCELKXUcf7yJY58KAFp7yymdL7rSLA/IMG_20180602_201054.jpg)\n\nNext we have something typically Belgian: the pofertjes. These are miniature pancakes the size of a coin, usually served with sugar. \n\n![IMG_20180602_200653.jpg](https://cdn.steemitimages.com/DQmfPPDnAP1oW8gaQSJ4AYy7qRJ7kcygMMkj6Mo1qcqa1wr/IMG_20180602_200653.jpg)\n\nInternational food was also well represented. That guy is cooking Asian food for an army. \n\n![IMG_20180602_201208.jpg](https://cdn.steemitimages.com/DQmUdtpk82mfoTB4yJewdEV9Eaep9KkymtBKiQLoQrP4hut/IMG_20180602_201208.jpg)\n\nFinally something a bit more local: crêpes, also known as pancakes. However those are made by the meter rather than in a pan. Delicious all the same!\n\n![IMG_20180602_184923_HDR.jpg](https://cdn.steemitimages.com/DQmXUGTG7FJ8GzuGsAwCzXWMhcX2jyhFRcsbo24oUZZrJHg/IMG_20180602_184923_HDR.jpg)\n\nIt is said that in the summer Belgium becomes a land of outdoor festivals. Looking at the large turnout, the variety of food and the beauty of the place I can certainly believe it.",
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