Binance Coin (BNB) is regarded as one of the top coins in the crypto market with leading exchange Binance pushing major developments within its ecosystem. One major area that has grown rapidly is in the adoption of BNB by various organizations and merchants.
BNB has recently experienced massive adoption is in the Web hosting niche. According to a recent report compiled by Cryptwerk, Binance coin is accepted by 40 hosting websites across the world.
This is massive for the coin with popular platforms like Host Sailor, Hosting.co.uk among the list of hosting platforms accepting BNB as a means of payment. In recent years, hosting companies have begun to adopt cryptocurrencies as a means of payment for users.
The fast transaction speeds of cryptocurrencies and popularity have made it common within the web hosting niche. Also, several hosting companies offer portals and extensions for users to integrate crypto payment to websites.
It is understood that Binance is looking to make a partnership with top players in the niche such as Godaddy, namescheap and Bluehost to accept BNB. Binance Coin still has a long way to reach the likes of Ethereum (supported by 134 hosting companies) or Bitcoin Cash (supported by 114 hosting companies).
Binance has heavily promoted the use of BNB
Binance, unlike other exchanges, has made some necessary acquisitions to increase the usage of BNB crypto asset. The exchange has partnered several firms, making some necessary acquisition along the line.
In the past few months, Binance acquired WazirX, DappReview, crypto derivative exchange JEX, and some other firms. In addition, there have been rewards and bounty programs launched by the platform to encourage the use of its token.
About Binance Coin BNB
Binance Coin was launched in 2017 by crypto exchange Binance and has become one of the top cryptocurrencies in the market. As at the time of writing, BNB is ninth on the coin rankings with a market cap of around $3 billion and trades for $19.43 per unit.