Based on a combination of two concepts, Binary and Finance, Binance is one of the most popular and recognized brands in the cryptocurrency world. Today, the name is recognized for two things, the cryptocurrency exchange and digital currency. Binance has taken the cryptocurrency world by surprise since its launch by attaining exponential growth in a short time. The Binance exchange, with one of the largest global userbase, is currently the largest cryptocurrency exchange by trading volume.
The Binance coin, introduced by the exchange, is certainly one of the hottest crypto coins of today. The coin runs on its own native Binance Chain featuring high stability and security. Denoted by the symbol BNB, the Binance coin is also an integral part of the Binance ecosystem and operations.
Binance has also been at the forefront of bringing cryptocurrency to the general mainstream. In 2018, the company invested in an online platform, the Binance Academy, offering various introductory and educational materials in different languages. As part of its growth strategy, Binance has continued to expand around the world, forming many strategic partnerships with various small to large companies. From Africa to Asia, the business continues to attract a lot of consumers and investors.
The Binance coin is also becoming a regular payment option, paving the way for cryptocurrencies to become a part of our daily payment ecosystem. As a result, Binance continues to invest and collaborate with other companies in providing BNB holders with places to spend their coins.
Several businesses are already accepting the Binance coin as a payment mechanism to support the ecosystem in one way or another. As a result, the Binance coins are being been used to pay for goods and services such as gaming, travel and shopping. Binance continues to introduce many innovative and needed services and products to remain competitive. The company recently launched its Binance card which is expected to be accepted by more than 46 million merchants offline and online in 200 regions, making it easier to shop with cryptocurrencies.
The Primereum online marketplace is one of the many platforms that will accept the Binance coin
Who is Primereum?
Primereum is a decentralized ecosystem offering a wide range of products, including payment systems, point-of-sale systems and an online marketplace. The Primereum platform utilizes blockchain technology to provide gateways and new and alternative methods of payment. Also driving the platform is a stable utility token, the Primereum Fuel (PMF), which is anchored to 1 gram of gold. The Binance coin is one of the 30 other cryptocurrencies that has been selected to be used on Primereum platform.
How Can the Binance Community Benefit from Using Primereum?
Primereum facilitates the free-flowing transfer of value to its customers based on a peer-to-peer business model by providing a transparent sharing economy that will connect buyers, sellers, affiliates, bounty hunters, business owners, partners, advertisers, using cryptocurrencies such as the Binance coin.
Binance coin customers can use their coin to purchase the PMF tokens through the Fuel store, which can be used for all of our platform services such as, the Marketplace, Wishlist And Remittance system. Using PMF tokens customers can buy products on the marketplace and exchange with other members. Additionally, the Wishlist system allows a customer to list a product they want to be purchased on their behalf, in exchange for the PMF token. When a product buyer chooses to purchase the item from the Wishlist, the balance of the PMF tokens offered by the customer interested in buying the product will be kept in the Escrow system. The marketplace will also include competitive affiliate and bounty programs that will provide attractive incentives for the engagement and promotion of the Primereum ecosystem.
PRIMEREUM is a simple and versatile way to shop online using your Binance coins. If you’re part of the Binance community, you wouldn't want to miss this opportunity.
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