The largest exchange in Germany, Börse Frankfurt, will host the <a href="https://www.prnewswire.com/news-releases/valour-announces-debut-of-binance-coin-exchange-traded-product-etp-on-borse-frankfurt-301611353.html" target="_blank" rel="nofollow noopener">launch</a> of Valour's Binance Coin (<a href="https://www.cryptoknowmics.com/news/bnb-technical-analysis-can-binance-token-price-survive-above-300/" target="_blank" rel="noopener">BNB</a>) Exchange-Traded Products (ETP) on Wednesday, August 24, 2022. The business said that the new product would follow the price of BNB, the native coin of the Binance Chain, while pledging low costs in a press release released on August 24. Investors can avoid taking on too much risk and benefit from operational efficiency thanks to the new product, which is Valour's eighth ETP. Russell star, CEO of Valour, said,
<blockquote><em>"BNB is a dynamic digital asset. By offering exposure to this token on Börse Frankfurt, Valour is enabling investors to safely and securely gain exposure through a distinguished and reputable exchange," </em></blockquote>
<h2>ETPs to Drive Crypto Adoption</h2>
Since the product removes the technical aspect of investing in and holding digital currencies, introducing ETPs promotes crypto adoption. Notably, as businesses work to promote crypto use globally, several German exchanges provide fully hedged digital asset ETPs provided by different platforms.

With product listings across European exchanges, banks, and broker platforms, Valour provides fully hedged digital asset ETPs with low to nil management fees. The current product line offered by Binance Coin (BNB) Valour includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), and Enjin (ENJ) ETPs with low management fees. The main products of Valour are Bitcoin Zero and Ethereum Zero, the first free, passive investing products that are fully hedged and use Bitcoin (BTC) and Ethereum (ETH) as underlying assets.

Valour Announces Debut of Binance Coin Exchange Traded Product

Börse Frankfurt will host the launch of Valour's Binance Coin (BNB) Exchange-Traded Products (ETPs) on Wednesday, August 24, 2022.

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

Valour Announces Debut of Binance Coin Exchange Traded Product

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