BNB PAYMENT GATEWAY VS STABLECOIN PAYMENT GATEWAY: WHICH IS BETTER?

Humans stepping into modernity brings us new changes everyday. In the ever changing world where the only thing that is constant is change. Cryptocurrency has taken over, standing as the new normal, and this has made many capitalist search for the potential crypto market to invest in. 

In this blog, we will understand in detail the features of bnb and stablecoin.

WHAT IS BNB?

BNB stands for Binance coin, that is the cryptocurrency for the Binance crypto currency exchange. It is a utility token that has various uses including discounted trading fees, payment for both online and in- store purchase, booking hotels and flights, participation in token sales, liquefying etc. 

WHAT IS A BNB PAYMENT GATEWAY? 

A BNB payment gateway refers to the payment processing system that allows for the purchase of goods and services to be made through BNB coins. In other words it is a decentralised platform that allows businesses to accept payments in Biance coins. 

WHAT IS  STABLECOIN?

Stablecoins are cryptocurrencies designed to maintain a stable value. They are often pegged to stable assets like dollars and gold, on a 1:1 ratio. These help maintain the price no matter what happens in the volatile crypto market. 

WHAT IS A STABLECOIN PAYMENT GATEWAY?

Stablecoin payment gateway is a platform designed that allows businesses to perform transactions using stablecoins. 

Now that we know what BNB and stablecoin and both their payment gateways are, let's further dive into these two topics.

IS BNB A STABLE COIN?

No, BNB is not a stable coin, it instead belongs to the volatile crypto market and is a part of the cryptocurrency called the Altcoin. 

The one critical difference between a BNB and a stablecoin lies in their purpose, BNB is a utility token that has various uses and perks including discounted fees and services. While a stablecoin is designed more so to be a stable and a reliable value container as its value remains more or less stable for it being pegged to stable assets. And its main feature being to quickly transfer funds between exchanges. 

WHICH HAS MORE INVESTMENT POTENTIAL, BNB OR STABLECOIN?

BNB belongs to the volatile crypto market, and has high potentials to reach soaring numbers in prices, the BNB coins that initially started at 15 cents is worth around $213 as of 2023. That is a 140,000% increase in value. 

Whereas stablecoin is less likely to have any price changes, as it is pegged to stable assets, to safeguard oneself from the price volatility. 

And, finding the better investment choice is totally up to what kind of path you want to walk through. If it is high risk, high returns then BNB would be a better option, or if you want a more stable currency then stablecoin is what you need. 

HOW DO YOU BUY THESE CRYPTO CURRENCIES?

The market offers a variety of options from where you could choose from, however getting a good and trustworthy platform is quite important. And out of all the competitors in the market the one that stood out the most is iPint. 

It is a platform that offers you a secure and safe way to perform transactions, that is easy to use and fast in its services. Whether it is buying crypto or making payments or payouts, iPint is the way to go. 

CONCLUSION

Both BNB and stable coin have their pros and cons and choosing what's best for you entirely depends on what kind of goals you have. And iPint will assist you in that journey whether it is a BNB payment gateway or a stablecoin payment gateway, or any other payment gateways, iPint has a solution for all of it.