We’re sure you’ve all heard about Binance, one of the world’s biggest and most important crypto exchanges these days. Well, BNB Coin AKA Binance Coin is the platform’s very own utility token. 
Used within the Binance ecosystem, BNB Coin allows users lower trading fees, access token sales and several other exclusive benefits.
In recent years, BNB Coin has made its way into the online gambling ecosystem.
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More and more online casinos and sportsbooks now accept it as a fully supported deposit and withdrawal method. 
If you’d like to know what all the fuss is about, go grab yourself a hot beverage and enjoy the ride!
<h2 style="text-align: center;">Key Characteristics of BNB Coin</h2>
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◾ Created and issued by Binance, the BNB Coin exists on the Binance chain, though it was initially launched on the Ethereum network.
◾ At the time of writing, BNB’s value is at roughly $308, with a market cap of approximately $48.7 million. There’s 157,896,781 BNB in the circulating supply.
◾ Four times a year, Binance buys and burns (permanently destroys) BNB from its treasury using one-fifth of its total profits.
◾ What started out as just another utility token now has numerous benefits and use cases, including entertainment, financial services, online bookings, and even gambling.
◾ BNB Coin is just as volatile as other big cryptocurrencies out there, which is the biggest risk with online BNB gambling. Don’t say we didn’t warn you!
<h2 style="text-align: center;">How to Use BNB Coin for Gambling on Online Casinos</h2>
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Even though there were no initial plans for BNB to be anything but a utility token, the market has changed and it’s now a fully-fledged cryptocurrency that can be used for various digital transactions.
One of the areas in which BNB transactions excel is online gambling. Thanks to instant deposits and withdrawals, BNB is becoming the go-to payment method for lots of gamblers across the globe.
Not only that – BNB transactions offer unparalleled security too, with privacy benefits that go beyond the classic KYC (know your customer) measures instated by conventional online casinos.
In other words, most casinos that accept BNB won’t bother you with the KYC procedures, meaning you can gamble anonymously.
But, if you have no prior experience with how cryptocurrencies work, you might have some teething issues with acquiring BNB. However, there’s no need to worry as we’re here to show you the ropes!
<h3 style="text-align: center;">Acquiring BNB Coin</h3>
There are several ways you can acquire BNB these days. The simplest method is to buy Binance Coin through exchange services with fiat currencies.
These exchange platforms will allow you to use conventional payment methods to purchase BNB. We’re talking about the likes of Visa, MasterCard, Bank Transfer, various e-wallets, etc.
After purchasing some BNB, the best practice is to transfer it from the exchange into your personal crypto wallet.
<a href="https://winz.io/blog/how-to-log-in-and-deposit-via-metamask-at-winz-io/">MetaMask</a> is probably the go-to option for most users as it’s basically the epitome of an AIO crypto wallet these days.
But, the likes of Trust Wallet and Guarda are worth checking out too, if for some reason you’re hesitant to register at MetaMask, that is.
<h3 style="text-align: center;">How to Deposit BNB Coin to Online Casinos Like Winz.io</h3>
Depositing BNB to your online crypto gambling account is as straightforward as possible.
Here’s a quick step-by-step guide that’s bound to help you out:
<ol>
<li>The first step is to register or log into your online casino account</li>
<li>The second step is to head over to the banking/cashier/deposit section</li>
<li>Select BNB from the list of supported deposit methods</li>
<li>Use your wallet to enter the amount you’d like to deposit and authorize the transaction</li>
<li>The money should immediately appear in your online crypto casino account</li>
</ol>
That’s it, you’re ready to start gambling with BNB! As we told you earlier, the BNB gambling setup really is that straightforward!
<h3 style="text-align: center;">How to Withdraw Your Winnings</h3>
To withdraw your winnings, simply open up the cashier section, and scroll down to select BNB from the list of available withdrawal methods.
Next up, enter the amount of money you’d like to deposit, copy and paste your wallet’s address and follow and follow the remaining on-screen instructions.
 Remember, most online crypto casinos offer instant processing times for BNB withdrawals, but actually getting the money to your wallet might still take a short while.
<h3 style="text-align: center;">Minimum and Maximum BNB Deposits on Online Casinos</h3>
Of course, just like all other supported banking methods, BNB Coin has a minimum deposit amount.
However, some crypto casinos like Winz.io don’t have a maximum cap, which is a great feature for <a href="https://winz.io/winz-club">high-rollers</a>.
As for the minimum deposit amount, you’re free to deposit as little as 0.01 BNB. This amounts to just over $3, since the current exchange rate is 1 BNB =  $ 308 USD.
Of course, this is a low amount that just doesn’t make sense, no matter how budget-conscious you are.
If you’re ready to gamble with BNB Coin, we advise you to deposit at least 0.1 BNB so you can get a proper taste of the gambling platform you’re using.
<h2 style="text-align: center;">Benefits of Using BNB Coin for Gambling</h2>
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Why is BNB Coin gaining so much attention lately? Well, it has to do with the following benefits:
<h3 style="text-align: center;">Instant Transactions</h3>
Yep, the vast majority of crypto casinos that do accept BNB for gambling feature instant deposits as well.
Even though the transactions themselves aren’t instant, crypto casinos release the funds immediately after the authorization since once-authorized transactions cannot be reversed.
Instant deposits coupled with practically no limit on how much BNB you can deposit and withdraw are the key reasons why so many users are flocking to BNB for their gambling sessions.
Well, it ought to be that and the unparalleled benefits in security and privacy departments. More on that coming right up!
<h3 style="text-align: center;">Unparalleled Security and Anonymity</h3>
Yep, there’s just nothing like the privacy and security benefits of transactions executed on the blockchain.
Remember, once these transactions are authorized, they cannot be reversed. Not to mention they’re not governed by a central authority, nor do they have any middlemen between the sender and the recipient.
Furthermore, BNB transactions don’t involve senders’ or recipients’ names anywhere. There’s no personal or banking information involved in any of the transaction processes.
They’re still 100% transparent and visible on the network, but don’t possess private information – only wallet addresses.
But, keep in mind that some online casinos will require you to give your personal and banking details during registration.
This is the so-called KYC (know your customer) process which is required by law in certain countries and required by international gambling license providers as well.
However, you’ll have no trouble finding crypto casinos that don’t have KYC processes. These ensure the utmost in privacy and security for all of your BNB gambling campaigns.
<h2 style="text-align: center;">Volatility is an Important Factor</h2>
<hr>
If you’re ready to start gambling with BNB, there’s one key factor you have to take into account – volatility.
No, we’re not talking about slots and their volatility. We’re talking about the volatility factor of cryptocurrencies… in this case, the volatility of BNB.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://wbcl.justw.in/bnb_coin_7ed75643cb.webp" alt="Binance (BNB) Coins">
The values of all cryptocurrencies and other digital assets rise and fall all the time.
Over the recent year or so, the value of BNB went from $374 to $450 in as little as two months, only to drop to below $200 two months after hitting its peak.
What are we trying to say here? Well, due to crypto market volatility, you never know what to expect from gambling with BNB and other cryptocurrencies. Mind you, BNB is not the most volatile digital asset out there.
However, it’s still important for you to know what you’re getting yourself into, especially if you’re here for the long run.
<h2 style="text-align: center;">Should You Use BNB Coin at Online Casinos?</h2>
<hr>
It all depends on what you want from your online gambling experience. If you’re looking for nothing but impenetrable security and total anonymity, you should pick a Winz.io crypto casino and gamble with BNB or <a href="https://winz.io/payments">other cryptocurrencies</a>.
This way you’re ensuring anonymous gambling, without having to worry about banks or other governing bodies tracking your every move.
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Yes, crypto transactions are visible to the public, but they don’t involve names or any sort of other details except the wallet addresses involved in the transactions.
If, on the other hand, you’re interested in a more conventional approach to online gambling, then we’re afraid BNB gambling won’t be your cup of tea.
If that’s the case, you can still use international crypto casino Winz.io, but stick with conventional payment methods like Visa, MasterCard, Skrill, and similar.
In the end, it’s all up to you!

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