Social investment platform eToro has added support Binance Coin, the internal token of the same name bitcoin exchange. Senior analyst, Mati Greenspan is convinced that Binance managed to create a true utilitarian token, unlike other ICO projects.
We are pleased to inform you — Binance Coin is now available on eToro.
Here are a few things you should know about $BNB:
▪ Created by the world’s largest crypto exchange Binance, BNB was launched in mid-2017.
— eToro (@eToro) October 29, 2018
Greenspan is not sure if US residents to trade on eToro BNB, however, sees no reason to impose such restrictions.
“No-one will go to jail”, — he emphasized in a telephone conversation with The Block.
However, the promise of exchange Binance to redeem tokens for a certain period, according to a lawyer and a member of the academic community of the Institute of Adam Smith Preston Byrne, suggests that the holders of the coins you will receive dividends equivalent to those received by shareholders of public companies.
So, Byrne is confident that Binance Coin can be considered as securities, however, said he, eToro is probably evaluated the risks and found them acceptable.
We will remind, in August analysts eToro have come to the conclusion that Litecoin is significantly undervalued.
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