Binamon (BMON) is a new NFT based crypto is taking the crypto space by storm since it was launched in June. As a result blockchain gamers, investors and traders are scrambling for the Binamon (BMON) token owing to its potential in ROI.
Invezz has therefore created a brief article to help those interested in the Binamon (BMON) token with how and where to buy it and also understand how it works.
To find out more, continue reading through the article.
How & where to buy the Binamon (BMON) online
To buy the Binamon (BMON) online, simply select a crypto exchange platform that lists the MIST coin, create an account and then proceed to buy the BMON coin by depositing funds using either of the allowed methods (either fiat or crypto).
After a thorough research by a team of professionals at Invezz, the following exchanges were selected as the best platforms where you can buy Binamon (BMON) online:
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.
What is Binamon (BMON)?
Binamon (BMON) is the native cryptocurrency of the Binamon blockchain. For those hearing about the Binanmon blockchain for the first time, it is an NFT blockchain gaming platform that was launched on the Binance Smart Chain (BSC).
Players interact with digital monsters called Binamons each with specific characteristics of the class, hornpower, attack, and element making them NFTs.
Users fight each other after wagering BMON tokens and the winner takes the prize. During the battles, a small percentage of the BMON tokens is burned to keep the token supply uninflated.
Besides using the Binamons in the game, users can create and receive a physical form of their Binamons at home, which requires them to use the available smart contract, called Booster, to prove ownership of their Binamon NFT and also pay using the BMON token.
Should I buy Binamon (BMON) today?
Going by the recent price movements, Binamon (BMON) could be a good long-term investment especially since it is associated with the highly popular NFT industry.
However, you should be cautious since the cryptocurrency market is very volatile and the prices could change by a huge margin in just a fraction of a second, especially noting that this is relatively new crypto.
Binamon (BMON) price prediction
The Binamon is a relatively new blockchain and the BMON coin has not been in the market for long. It started being traded in June 2021; meaning it currently has just a couple of months in the market. Therefore, it could be difficult to predict its next market movement. However, it has shown great prospects of becoming a force to reckon with following its market swings within the short period it has been trading.