Better trade BTC or BNB? On BINANCE - page 4.

judaspriest

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

for myself it's better to use Bitcoin, the Bitcoin pair always has more volume,
and that's good for trading, because the volume is better than the BNB pair

kakonhat

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It is no different for trading. You could any take any pairs for trading for regular trading. But if you would like to make some profit you should choose any crypto with USDT. Buy from the bottom and sell on top. Though I love to hold BTC and BND for a long time.

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Quote from: shushu9977 on June 13, 2020, 12:31:54 AM

We Binance coin is related the owner in Binance. It is good coin for investment and binance coin is also included many exchanges. But Bitcoin is the best and always my favourite one.

so in short you are saying that both coins are the best .
it will be hard for us to choose between them
because you both describe them in a positive way but to answer the op's query , obviously bnb is the one that will win here .

It is not necessarily. Bitcoin is still the best, let's not talk about binance coin since ethereum is better than it. Comparing these two is not that big thing for me, bnb has been existing for 3 years although its performance is superb recently it hasn't achieved what did the bitcoin achieved, not even in half. Let us give time the binance coin to do what it needs to do for bitcoin to be compared with it.

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You can earn perks by using bnb inside the binance but btc no I don't think so , btc will only look normal inside this exchange but btc looks spectacular on other normal exchange that does not have their own coin like binance bnb .

Don't get me wrong, binance is a good coin but latest charts says that it is struggling these days and technical analysis for binance shows a bearish market ahead of 2020.

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

If you want to do margin trading then you should use Bitcoin as there are a lot of price movements in a day in bitcoin, but if you want to do transactions then you should use an altcoins as they are pretty cheap when doing transactions, so for doing a transaction use BNB and trade in bitcoins. Right now bitcoin is at that point from where it can go to either direction either up or down. So I have put half of my money in USDT so as to make a few bucks when bitcoin goes down as the chances of it going down are higher than going up due to the poor economy and COVID 19 pandemic.

BitcoinTurk

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

The answer to the question you ask changes with various and different ways of thinking. For example, if our purpose is not to invest and only to trade, BNB will be a more logical option because its price changes more in percentage compared to Bitcoin. Of course, on the other hand, if you want to trade according to the transaction volume, your preference must be Bitcoin. To generalize and if we had to choose a single option, my preference would be Bitcoin. If you think logically, you can trade with both options and evaluate the price fluctuations in both options.

Paycoinzzz

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

Anytime, provided it has a good signal. or can buy a lot when the prices of 2 coins have dropped sharply, like last February. Actually trading any coin we want big profits. BNB and BTC are both top coins so trading it is right and can make a lot of money from holding it long term.

carter34

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

For trading concern, no particular coin is special to trade. What matter here is the analysis you have on the coin against the pair is trading with. The thing I know about btc is though is that it fluctuates faster and that means a trader on bitcoin pair can make or lose money faster too.

exstasie

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It just dawned on me that the OP is probably talking about whether to pay trading commissions in BTC or BNB. If you pay fees in BNB then you get a 25% discount, but you need to hold BNB.

To see whether that's really worth it, check the BNB/BTC chart. I only want to hold BNB when it's in a bull market against BTC. It's been in a bear market for over a year now:

shushu9977

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We Binance coin is related the owner in Binance. It is good coin for investment and binance coin is also included many exchanges. But Bitcoin is the best and always my favourite one.

el kaka22

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Both of them are trading at different levels, sometimes trading bitcoin is a lot more profitable and sometimes trading bnb is a lot better. It all depends on the moment. Just because you are using binance doesn't mean that you should be fixated on bnb neither.

It also all depends on what you want from trading as well, do you want to make more dollars? Do you want to make more bitcoins? What do you want in the end? What do you consider a success for you?

If you think that having more dollars is the goal here, you should focus on trading with stablecoins, there is USDT that is the most common but you can check whatever you want, if it is bitcoin then you should do bitcoin, if you want bnb you should do bnb. Just think what do you want at the end of a good trade.

lillobo

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Binance Coin is worth at least a second look. It has been launched by a trustworthy exchange, albeit not fully regulated, and offers several attractive aspects. BNB, or Binance Coin, is a cryptocurrency created by Binance. Binance Coin (BNB) powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases fueling transactions on the Chain, paying for transaction fees on Binance Exchange.

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

Better use? The words that I bolded above is what you mean?
Yes, both of them are good currency to use in different trading pairs in the Binance exchange platform and there will be a standard fee that will incur at 0.1% per transaction. But if you are using BNB on the Binance exchange you will have a special discount on it when it comes to trading fees.

So obviously, BNB is the cheaper way when you're going to trade in Binance to cut some fees.

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

There is no connection asking both currencies in which to use in Binance platforms or even in other exchange because it is depend on your timing and ability to trade,not because that is Binance exchange and you are using BNB coins meaning you will make good profit because no matter what you do?it's yours that will make this successful .

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Both the coins are good for trading in Binance but BNB Binance has its own currency therefore the demand for BNB to trade binance is high All companies invest in BNB currency so as to trade case they support their own currency and check out to pump it. Improving the platform using their own currency BTC is invested but less.

your joking right?what do you mean that the supporters of binance will Pump their currency in that said platform?if that happens then BNB will also grow in other exchange and meaning it is not only their site that is good to exchange.

minairia3

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

Maybe I get whats your point here. You can do both of these coins. These are the major coins in that platform. If you wish to take advantage of fees, there is an option on Binance to use your bnb tokens to have a 50% discount on every transactions.

But other than that. Btc is always wanting to be traded by many and cosntitute tha highest volume in their platform.
If about pair, this not an issue for soem trading there, you can use btc, bnb and usdt. These are the top pairing on every coins there. But trading bnb and btc could give you chance to increase your VIP level in the future to lower more fees that you incurred.

YOSHIE

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...

the two cryptos you mentioned are the best crypto currently on the Exchange Binance.
Binance is one of the platforms for conducting global crypto sale / purchase transactions currently, which is a reference to Coinmarketcap data, BTC and BNB are two very good coins for you to trade at the moment, if you understand, price analysis, charts, in seconds, hours and days.

The most important thing you have to do when starting to trade is that you should accumulate when prices go down to buy BNB and BTC coins, So both of these coins are the best coins currently in the Exchange Binance.

Quote from: Bitcall on June 03, 2020, 09:25:55 AM

and when is better use BTC or BNB.

You can monitor the movement of coins on the Binance platform every day, when prices go down that's where you consider holding it.

joniboini

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On binance, it must be BNB, since it is the platform token. On other platforms, should check if there are any discount or promotions.

That's not related at all. Unless Binance and other exchanges have some magic pump machines that keep pumping their own token, there's no tangible benefits to trade that way.

Blue_oxen

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Quote from: GreatArkansas on June 03, 2020, 07:33:23 PM

Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

Do you mean the trading pair is better to use?
If so, I'll go with the BTC trading pair since it is the highest trading volume compared to the BNB trading pairs.
The difference here is the trading in the highest trading volume is more trades are made on this pair, so for me, I will go with BTC trading pair since for sure all/most of the pairs in BNB are already available or you can trade it also in the BTC pair.

Yeah, it is an unclear question. I don't know whether he/ she wants to ask about using BTC or BNB to pay for the transaction fee, or wanna know which trading pair is better.
1. On Binance Exchange, you should have some BNB in your wallets to pay for the transaction fee since it's their own token and the fee will be lower.
2. Personally, I'll choose to trade on BTC pairs because it has high volume since most traders use it.

mk4

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Quote from: Twinkledoe on June 03, 2020, 06:58:34 PM

Seems that the OP is still new in trading. *snip*

Yeap. To be fair, it's a common misconception that you should be putting all your focus on one trading pair when trading, so we shouldn't really give OP too much crap for the question. Another common confusing question being BTC/altcoin vs USDT/altcoin which was the question I was expecting tbh.

GreatArkansas

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Quote from: Bitcall on June 03, 2020, 09:25:55 AM

Hello, someone can explaine if is better trade in bnb or btc on binance...and when is better use BTC or BNB.
Thanks!

Do you mean the trading pair is better to use?
If so, I'll go with the BTC trading pair since it is the highest trading volume compared to the BNB trading pairs.
The difference here is the trading in the highest trading volume is more trades are made on this pair, so for me, I will go with BTC trading pair since for sure all/most of the pairs in BNB are already available or you can trade it also in the BTC pair.

Twinkledoe

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Quote from: mk4 on June 03, 2020, 10:24:39 AM

I mean, if we're talking about trading(not investing), there is no "better" coin for trading. You simply make short term buy positions on whatever coin or token that you think you can profit from. Right now I could be trading BTC/USDT and a few hours later I would be trading some random shitcoin. It's just going to depend on what trading pair I think I can make money on.

Seems that the OP is still new in trading. Because in crypto trading, it doesn't matter what pair you want to trade, as long as your main goal is achieved, which should be gaining profit at the end of the trade. That's why the simple rule in trading, buy low sell high should always be exercised to avoid losses. So if you are a trader, check for yourself how are you going to gain profit, whether small or big, as long as you are on the positive side. So for me, there's no percentage of allotment, just keep on your goal to have profit as much as possible.

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