Topic: [ANN] [BNB] Binance Coin - Token of Binance Exchange (Read 1522 times)

In light of the CEO stepping not out of desire, but out of bowing to the pressure of the breakdown of his relationship after the FTX fracas, it is difficult not to worry. By the end of the year, the BUSD stable coin will also cease to be used because of this same pressure, how many of these are coming on the exchange? My experience here has taught me that no big exchange can't go out of business. Therefore, the exchange needs to provide something more convincing.

Don't worry about the future of this coin. The change of CEO's will not affect trading of this coin

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Money bag 400 users will get $50 each

https://twitter.com/binance/status/1456254336233738240

Maybe you missed some things, but stop doing it for the future.
Stop it, that kind of information is only appropriate in the original thread, as this thread is not officially created by binance team. There are few red tag on OP which could be a good reason to us to avoid this thread, let alone display the latest news related to REAL Binance.

Maybe somebody missed announce. There is a new coin in launchpool on Binance. So there is an opportunity to stake BNB or BUSD for getting new coin - DAR.

The world needs more trees—play your part by helping us paint the town green! #PTTG

Follow @BinanceBCF
Share an original tree-related artwork/NFT/photo with #PTTG
Caption it with why trees matters to you
Challenge a friend to do the same!

https://twitter.com/BinanceBCF/status/1454138251074097152

$639M of #BNB are burnt
https://twitter.com/binance/status/1450363501067767813

https://twitter.com/binance/status/1449968609262964738

https://dailyhodl.com/2021/10/14/ethereum-and-litecoin-flashing-on-chain-strength-as-binance-coin-whales-accumulate-bnb-santiment

We like the decentralized cash
https://twitter.com/binance/status/1447562199115968516

There's no information about that. It must be posted by binance on the announcement page if there will be a new project that will be launched very soon. It needs the time by binance to make sure it will be launched a legit project through launch pool that's why binance needs the time to add a new project on its launch pool but im sure that you will be seeing it as soon as possible.

Guys, is there any information about further staking in launchpool. Because the last one was MOBOX. And now launchpool hasn't any new offer. It will be great if binance run staking of BETA there...

#Binance Adds New Trading Pairs

🔸 $HIVE/BUSD
🔸 $SHIB/AUD
🔸 $STPT/BUSD
🔸 $UNI/AUD

https://twitter.com/binance/status/1446302747708428289

BTCB on Binance Smart Chain 101

Did you know that you can use Bitcoin within the BSC ecosystem? This article introduces you to 4 ways to use BTCB, a wrapped Bitcoin on BSC, to boost your earnings.

If you don't HODL at least some BTC, it's like you don't even exist. It's the best performing asset for the last decade, and the increasing adoption and awareness indicate that it might not change anytime soon. The best and seemingly safest strategy is HODL, but what if you're a HODLer who wants to do more than sit on his stack? You use BTCB.

BTCB is a pegged bitcoin on Binance Chain and Binance Smart Chain issued by Binance.com with a 1:1 peg to BTC locked on the Bitcoin blockchain. The 1:1 peg means that the amount of wrapped BTCB is equal to the amount of BTC locked in a public address. You can verify the current supply for all locked BTC and issued BTCB through the Proof of Assets webpage. The amount of locked BTC may not be precisely the same as the wrapped BTC due to the delays caused by the extensive auditing process.

BTCB provides you with additional utilities that are not possible with Bitcoin due to its limitations.

The main advantage is clearly in holding BTC while using the BSC ecosystem with BTCB to increase your gains. Without BTCB, you'd have to sell your BTC and miss the potential price gains on BTC as you'd have to buy multiple BEP20 assets (or BNB) to use with the different dApps. When you exchange your BTC for BTCB, your BTC remains locked, and you can redeem it back at any time by depositing back BTCB.

Currently, the biggest market for BTCB is on PancakeSwap with BTCB/WBNB being the most popular trading pair with more than $1.3m in 24h volume. Just on the BSC network, there's more than 73,000 BTCB worth over $2.4 billion USD. This indicates a very strong interest in BTCB with more than 80,000 BTCB in circulation on Binance Chain, Binance Smart Chain, and Ethereum networks.

BTCB on Binance Smart Chain is like bitcoin on steroids, except it's not bitcoin. While your bitcoin is locked, you can use BTCB to experience the different dApps from the BSC ecosystem.

Some of these methods will reward you in different BEP20 tokens such as CAKE or BAKE, while others will reward you in BTCB, ultimately increasing the amount of BTC you can claim back once you decide to redeem BTCB.

https://www.binance.org/en/blog/btcb-on-binance-smart-chain-101/

Wrapped #BTC on #BinanceSmartChain? Yes!
Learn what $BTCB is and how to use it
https://twitter.com/BinanceChain/status/1435335311777677312

200,000 #BNB (100,738,772 USD) transferred from #Binance to unknown wallet
https://twitter.com/whale_alert/status/1434697810180517890

Crypto Market Sentiment Unchanged; BNB Outperforms Its Peers
https://cryptonews.com/news/crypto-market-sentiment-unchanged-bnb-outperforms-its-peers-9634.htm

A Quick Guide to BNB Staking on Binance Smart Chain (BSC)
https://academy.binance.com/en/articles/a-quick-guide-to-bnb-staking-on-binance-smart-chain-bsc

defi projects are good if developers are take it serious. binance team is doing very well and their move on binance smart chain is really good. BNB coin price is about 30$ right now. all time high price is very close and i think it will touch it soon especially when they burn BNB coins, supply reduced and price go up. BNB is taking lead on many great project and number one opponent is eth

Binance Coin (BNB) and OKEx’s (OKB) Exchange Tokens are Undervalued, while KuCoin (KSC) and Bitfinex (LEO) are Overvalued: Report

The Token Insight team notes that in the crypto-asset sector, it’s always challenging to accurately provide realistic valuations for digital assets. At present, there’s no consistent or uniform industry-standard or reliable valuation method that would allow us to discover the real value of cryptocurrencies, the Token Insight team states.

Many digital currency exchanges have issued their own platform tokens which are supposed to directly relate to the performance of their platform or overall business. Exchange tokens are a “unique” category of crypto-assets and may be “fairly evaluated,” because of their inherent properties of “stable currency flow,” according to a report from Token Insight.

https://tokeninsight.com/report/1193?lang=en&title=Exchange-Token-Valuation-Report-%7C-August-2020

The Token Insight team has created a quantitative method which allows them to “construct the valuation of exchange tokens structure,” so that they can perform standardized analysis for exchange tokens based on the exchange’s activities, and then be able to determine the “actual value behind each exchange.”

The report notes that Binance Coin (BNB) has had “a very strong positive correlation with the majority of exchange tokens in Q2 2020, but the rolling 30 Day correlation with other exchange tokens has dropped significantly.” Meanwhile, HitBTC’s HBC is exhibiting “an extremely negative correlation with the majority of others in Q2, [and] the rolling 30 Day has changed to almost all strong positive correlation intervals.”

Huobi Token (HT), FTX exchange (FTT), HitBTC (HBC), and Bitfinex’s (LEO) have “a relatively high rolling 30 Day correlation.”

Based on these findings, the report claims that Binance’s BNB token and OKEx’s OKB token are undervalued. Huobi’s HT and FTX exchange’s FTT are also currently undervalued, according to the report’s analysis.

HBC is valued at around what it should be, the report claims. Meanwhile, KuCoin’s exchange token, KCS is overvalued. BitMart’s BMX token is valued at approximately the price which it should be, given current market conditions, the report noted. It added that Bitfinex’s LEO token is overvalued.

These exchange based cryptocurrencies aim to serve mainly as utility tokens, meaning that they may be used to qualify for special discounts while conducting transactions on digital asset trading platforms. They’re really meant to encourage users to trade more, because investors are “rewarded” with exclusive offers that are not available to others who may not hold these exchange tokens.

Binance Coin or BNB is by far the most successful exchange token. It currently has a market cap of over $3 billion and is accepted in many other places or platforms, besides just Binance. It can be argued that BNB has emerged as one of the most widely-accepted cryptocurrencies.

While BNB has been successful, like many of Binance’s other initiatives, the exchange continues to offer services in multiple jurisdictions without authorization.

https://www.crowdfundinsider.com/2020/09/166321-binance-coin-bnb-and-okexs-okb-exchange-tokens-are-undervalued-while-kucoin-ksc-and-bitfinex-leo-are-overvalued-report

It looks like the OP isn't the Binance exchange staff. if he is a staff he should respond to community comments here and be more active in providing updates.


I agree with you, it looks like BNB tokens will reach new ATH at the end of this year, my target for BNB is $ 50 USD by the end of this year.

Binance Coin (BNB) Could Be On a Path to Set a New ATH Thanks to DeFi

- In the third quarter of 2020, Binance has dived dip into DeFi
- BNB can now be staked to earn 60% APR and new tokens through the Binance Launchpool
- Binance has also set up a $100M incubator fund specifically for DeFi projects
- Binance Smart Chain is also live on the mainnet
- All these events provide enough fundamentals for a Binance Coin (BNB) rally past its previous ATH if $39.57

A quick glance at the top 10 digital assets according to Coinmarketcap reveals that Binance Coin (BNB) stands out from the rest in terms of 24-hour gains. BNB is the only digital asset in the top 10 experiencing double-digit gains as can be seen in the screenshot below.

https://en.ethereumworldnews.com/binance-coin-bnb-could-be-on-a-path-to-set-a-new-ath-thanks-to-defi/

No update from the OP and with the questions that we asked.

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Just looking for some clarification and validation if it's the official BNB staff.

Is this the official thread of BNB?

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Or you are just a volunteer that provided this thread?

Seems to be good, previously many predictors predicted the price of BNB will easily cross more than 300$, but as of now, BNB is becoming very strong at the current value. As long as, BNB becomes stable at the current value we might see higher price for the BNB.

Binance Coin Price Analysis: BNB Soars 17% In A Week To Reach November 2019 Highs
https://cryptopotato.com/binance-coin-price-analysis-bnb-soars-17-in-a-week-to-reach-november-2019-highs

Hope to see Binance Coin overcome the bearish trend, maybe we'll se new highs in 2020.

Read more:

https://coincodex.com/article/6398/binance-coin-price-analysis-sizeable-correction-for-bnb-after-downfall-in-the-past-week/

BNB is very popular everywhere

It can happen !! A lot of things are happening on the finances. Each month, new functions are launched - these are either new regional offices, or futures, or margin trading, leasing. New couples on DEX!
Constantly doing something.

What is Binance Coin? [A Comprehensive Guide to Understanding BNB] -> https://www.publish0x.com/cryptocurrency/what-binance-coin-comprehensive-guide-understanding-bnb-xkpzew

The last two IEO failures at Binance have led to a drop in the price of the BNB token, Many talked about the price for $ 50, but apparently this will not happen soon, if it will be at all.

The Latest Announcement Binance Summary To Start The Day Right --> https://www.publish0x.com/raise/mid-autumn-festival-lighting-sky-xoznwo

Binannce has proven that they are eligible to go up,
when bitcoin is below $ 10,000 the price of BNB has been said to be very high, we will wait for the second wave

Binance CEO Says He's Not into Lambos. BNB Soars Despite Selfie FUD : https://www.publish0x.com/coinbuzz/binance-ceo-says-hes-not-lambos-bnb-soars-despite-selfie-fud-xyydgl

GOOD NEWS! Check post ---> Binance BNB Holders Can Earn 8% Interest on Tokens They Own - Starting Today!  : https://www.publish0x.com/the-global-crypto-press-association/binance-bnb-holders-can-earn-8-interest-tokens-they-own-star-xjovpl

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Binance Coin (BNB) takes off and is heading for $ 40. : https://www.publish0x.com/breaking-bitfinex-token-ieo-1b-usdt/binance-coin-bnb-takes-and-heading-40-xglgkl

After the initial heavy gain this year, BNB has not been able to stire the tide and move with the price of bitcoin. There have been a lot of speculation that it will give ethereum a big competition because of the development of binance chain. But I personally believe that it's a no match for the ethereum.

Binance has stated about that KYC leak as FUD https://www.google.com/amp/s/www.binance.com/en/amp/blog/365766157488967680/Statement-on-False-KYC-Leak

They even offer a reward for anyone who can know the person/people/group/team who harras them up to 25 BTC

Binance Users' Selfies Leak : https://www.publish0x.com/coinbuzz/binance-users-selfies-leak-xwwomx

I myself do not know whether this is an official thread,
but the admin here provides information from Binance, I hope admin can answer questions about that here

Binance Coin (BNB) Review : https://www.publish0x.com/cryptohotspot/binance-coin-bnb-review-xglnjr

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BNB / BTC technical analysis [BINANCE] : https://www.publish0x.com/ta-crypto-market/bnb-btc-technical-analysis-binance-xvyjer

BINANCE COIN PRICE ANALYSIS: HUGE VOLUME LOADING UP BEHIND BNB
https://bitcoinist.com/binance-coin-price-analysis-huge-volume-loading-up-behind-bnb

is this the official thread for BNB tokens?

if yes, this really helped me to see the latest updates about the project.

Binance Coin (BNB) market cap slashed by $1.5B, Changpeng Zhao explains why
https://www.fxstreet.com/cryptocurrencies/news/binance-coin-bnb-market-cap-slashed-by-15b-changpeng-zhao-explains-why-201907161057

Sure, OP is not come from Binance team. With its strong position in crypto, Binance does not need to appear in the forum to announce about their BNB. It is normal for strong communities and platforms, when they have their own platforms, forums, and blogs. Anyway, OP has made good intiatives to provide information on Binance coin for forum users. Thanks for that initiative.

yes right, I also think so, but I am not think that he is a member of the Binance team.
Are you currently buying several BNB? I think the correction will end soon and there will be an increase in prices in the near future. don't forget there is tokens burn in this month

Yes, there are many people who are showing a lot of interest towards the Binance coin because the potential activity behind the project makes to predict more about the BNB coin, It is getting more reputation in the market makes us hold the Binance until we see them in the next bull run.

maybe he is someone who really likes Binance coin, and makes this thread to help us as investors and traders, thank you, I like it 

Another BNB price chart here: https://www.coinbase.com/price/binance-coin

Any tokens of successful exchanges deserve close attention. The question arises - are these official tokens of the well-known stock exchange?

Here are some! Binance Coin takes off towards the $40: https://www.publish0x.com/breaking-bitfinex-token-ieo-1b-usdt/binance-coin-takes-towards-40-xnqzym

He doesn't respond to anything here, even he doesn't explain what it means to make this thread.
I also hope this thread will provide an analysis of coin bnb trading or give trading signals at binance.

Maybe Op is also need some prediction about BNB price, hopefully, more community members will address to this thread because now most demanding coin in the market, so very soon we might see huge demand for the BNB coin.

Will this thread be an update about binance?
I want some predictions about BNB prices here, hopefully.

Binance Coin
Binance Coin - Token of Binance Exchange

Quotes: https://coinmarketcap.com/currencies/binance-coin
Trading pair: https://www.binance.com/en/trade/BNB_USDT

Binance Coin (or BNB) was created by Binance in 2017 as its utility token for discounted trading fees. Initially issued as an ERC20 token, Binance Coin has since become the native token of the main Binance Chain blockchain. Binance Coin can also be used to pay for travel expenses (such as hotels and flights booking), to buy virtual gifts, to shop using a credit card, and more.

https://www.binance.com/en/buy-Binance-Coin