BNB Prepares For Take Off - Flight tickets now offered on Binance Marketplace
|- Binance has partnered with Crypto Air Tickets creating a gateway to buy flight tickets with cryptocurrencies.
- Purchasing flights comes with no additional cryptocurrency fees.
- BNB price is down 10% during October.
BNB Flights
Binance Coin has accomplished an applaudable milestone in the cryptocurrency space. On October 10, the decentralized digital exchange platform announced a partnership with Crypto Air Tickets. The partnership now enables Binance users to purchase flight tickets with crypto directly from the Binance app.
According to Binance, Crypto Air Tickets, a mini app now featured on the decentralized exchange platform, “features over 1,000 airlines and 9,000 destinations to choose from.” It is worth noting that there are no additional cryptocurrency fees when purchasing flights through the Binance app.
BNB Technicals
While the innovative milestone screams bullishness for the BNB token, the technicals at the current time are still suppressed due to the late-night Bitcoin sell-off experienced on Sunday, October 9. Binance is down 10% since the start of the month.
BNB price currently auctions at $269. A cross of the 8-day exponential and 21-day simple moving average is spotted on the daily chart. Binance Coin price could test the support levels at $250 due to the crossing indicators. Such a move would result in a 9% decline from BNB’s current market value.
BNB/USDR 1-Day Chart
In the following video, our analysts deep dive into the price action of Binance Coin, analyzing key levels of interest in the market. -FXStreet Team
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.