Binance Again 🔥 - page 2. | Bitcointalksearch.org

Asuspawer09

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Binance and WazirX’s launch $50M “Blockchain for India”

Looks like Binance is setting it up again in India we know that India is already behind compared to the other countries when it comes to Binance.
Still, I think Binance is doing a really great job as it continues to influence a lot of countries and implement their exchange and technology. It would not be surprising if the Binance could become the top exchange for some websites in the future.

With his statement:

Let’s invest in India. I foresee many other blockchain companies following our footsteps.
-Binance CEO Changpeng “CZ” Zhao said:

Source:
https://www.fxstreet.com/cryptocurrencies/news/binance-and-wazirxs-launch-50m-blockchain-for-india-fund-202003190138

leea-1334

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Quote from: Bezobraznike on March 19, 2020, 04:34:56 AM

I would say that Binance covered all. New service, promotion, big changes, all that is followed by a marketing. They thought about
everything, and that is the reason why they are number 1 crypto-exchange.
I agree with you that investing in Binance is a great idea, it was a great idea and it still is. I invested in Binance long time ago, and
from time to time I try to add more BNB to my portfolio whenever I can.

They got big money and they know what traders and people are. They know majority of crypto users love bonuses and love competition and free giveaways. They know how to manage reputation by apologizing when the community is angry (like with Steemit) and giving money when hacks happen.

That is good marketing.

tvplus006

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Quote from: Asuspawer09 on March 15, 2020, 11:31:47 AM

...“Looking at South African specifically, crypto adoption continues to rise with SA being one of the top five countries in terms of cryptocurrency ownership. Today I’m excited to announce that Binance is launching a South African fiat-to-crypto gateway soon. This will enable South Africans to buy cryptocurrencies with their local bank accounts.”...

I am not at all surprised by this expansion of Binance into the South African market. This is a planned expansion of its work from the Asian market around the world. A little earlier, we saw this development in Binance work with national currencies Russia and Ukraine.

yohananaomi

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Quote from: Perfect35 on March 18, 2020, 07:53:36 PM

When I was told that Binance provides such service for my country, i was so glad.so glad, because it used to be a serious challenged when converting my crypto to fiat.
If Binance could do this for South Africa, it means they can take it to other parts of the world. The exchange is already a world-class exchange, meant to serve every part of the world. Some other exchanges might have been looking for an opportunity like this, but none is forthcoming.

a convenience that has been made binance is an unexpected fortune and can make it easier to make transactions into fiat is a progress that is awaited in every country of course. But there may be unknown predictions why South Africa is a priority. but this might reach other countries if possible, because usually developed countries already have companies that can exchange directly into fiat.

ethereumhunter

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Quote from: ahyadinnn on March 18, 2020, 09:35:42 PM

Quote from: jumail on March 18, 2020, 07:02:18 PM

The Binance team always reads the marketing opportunities very well, it's no wonder that Binance can grow and be as popular as this. South Africa, including a potential market, there are no strict regulations related to crypto there, besides that most of the startups in the African continent originated from South Africa, this proves that understanding fintech there is developing well. Thank you, OP for providing this important information.

true, binance always provides new services for the convenience of people to make transactions and they always develop their services not to mention many traders there who make transactions and their volume is also quite high compared to existing markets

That is why binance still trying to give the best services to their members because they want to be the biggest exchange than the other exchanges. We can see that so far, binance can compete with the other exchanges, and they can be one of the recommended exchanges which every people can use. Without forcing people to complete KYC, that will be a big point for binance while the other exchanges apply that for their members. They know how to treat their member's, so that makes many people trust in binance.

Bezobraznike

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Quote from: ahyadinnn on March 18, 2020, 09:35:42 PM

Quote from: jumail on March 18, 2020, 07:02:18 PM

The Binance team always reads the marketing opportunities very well, it's no wonder that Binance can grow and be as popular as this. South Africa, including a potential market, there are no strict regulations related to crypto there, besides that most of the startups in the African continent originated from South Africa, this proves that understanding fintech there is developing well. Thank you, OP for providing this important information.

true, binance always provides new services for the convenience of people to make transactions and they always develop their services not to mention many traders there who make transactions and their volume is also quite high compared to existing markets

I would say that Binance covered all. New service, promotion, big changes, all that is followed by a marketing. They thought about
everything, and that is the reason why they are number 1 crypto-exchange.
I agree with you that investing in Binance is a great idea, it was a great idea and it still is. I invested in Binance long time ago, and
from time to time I try to add more BNB to my portfolio whenever I can.

Darktongue

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After some coin Binance, CEO is doing great work. I just surprised when I see Binance USD. This is another excitement news but bad things is we can't see any effect of it until break corona virus problem. From cryptocurrency exchange also open in India which was banned in 2018

ahyadinnn

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Quote from: jumail on March 18, 2020, 07:02:18 PM

The Binance team always reads the marketing opportunities very well, it's no wonder that Binance can grow and be as popular as this. South Africa, including a potential market, there are no strict regulations related to crypto there, besides that most of the startups in the African continent originated from South Africa, this proves that understanding fintech there is developing well. Thank you, OP for providing this important information.

true, binance always provides new services for the convenience of people to make transactions and they always develop their services not to mention many traders there who make transactions and their volume is also quite high compared to existing markets

Perfect35

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When I was told that Binance provides such service for my country, i was so glad.so glad, because it used to be a serious challenged when converting my crypto to fiat.
If Binance could do this for South Africa, it means they can take it to other parts of the world. The exchange is already a world-class exchange, meant to serve every part of the world. Some other exchanges might have been looking for an opportunity like this, but none is forthcoming.

Bohr256

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Why are so many people kissing binance's ass for donating a measly 1M? I guess Bill Gates is their God since hes donated at the very least 50 billion bucks to help the poor.

jumail

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The Binance team always reads the marketing opportunities very well, it's no wonder that Binance can grow and be as popular as this. South Africa, including a potential market, there are no strict regulations related to crypto there, besides that most of the startups in the African continent originated from South Africa, this proves that understanding fintech there is developing well. Thank you, OP for providing this important information.

prof7bit

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Quote from: kentrolla on March 18, 2020, 12:25:53 PM

Binance is really coming up with new innovative ideas every day, this is a great news for South Africans. Traders would soon be able to make deposits on the platform through binance website, crypto adoption continues to rise as South Africa is one of the top countries in terms. Well this will enable them to buy crypto currency with their local bank account.

We can definitely see how the global exchange of binance is developing qualitatively. I can’t imagine the best exchange yet. But of course I would like to see a higher level of liquidity at Binance.

kentrolla

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Binance is really coming up with new innovative ideas every day, this is a great news for South Africans. Traders would soon be able to make deposits on the platform through binance website, crypto adoption continues to rise as South Africa is one of the top countries in terms. Well this will enable them to buy crypto currency with their local bank account.

el kaka22

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This dude has been doing these great things and improving binance to whole another level constantly but I also fear that they might be growing too big. I wonder what their exit strategy is and if they have any. Looking at it from a startup stand point, these dudes opened a website, that's it, it is a business of course but the business is based on a website with many things behind it obviously.

So, maybe one day some big huge american wall street company goes out and says "here take this 50 billion and sell it to us", how do we know they won't accept it? They really might accept it, don't know if that company will continue to be good or will be like satoshidice that sold for tens of thousands of bitcoin to become nothing but in the end that exit would hurt crypto communities.

bgaf

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Quote from: enhu on March 17, 2020, 05:32:40 AM

China had been helping poor countries in africa for years by providing them buildings and uplift their economy, their government I believe has good intention but for Binance to come and put more money, its something to wonder. Binance is a big business, its definitely for profit. They are not just throwing away billions of USD for nothing.

You already judged it. Remember when Binance donated some on the wildfire bush event on Australia? I think thats purely charity. Dont judge them. I know it may sound like they are after something or profits but at least they showcase first an act of camaraderie.

Im not saying there is no greater negotiation with this move but as I read the news, somehow both parties can benefited from it in the long run. Its not a one sided affair.

asriloni

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Quote from: thiscomm on March 17, 2020, 08:57:14 AM

I think this will also be beneficial for media promotions that can increase users from binance. because indirectly that opens the way for transactions there is binance then for them to get wages through cryptocurrency they have to buy and use binance coins. this will increase the number of binance transactions which will also make the price of binance go up.

The promotional purpose will always there as people will be familiar with binance and those that will be getting beneficial from this will try to put binance on their minds as the best exchange site that can be used. Binance is always making a very good movement without need a lot of money. That looks very different with those garbage projects that wasted multi million dollars of money.

Asuspawer09

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I'm adding this :

Binance Lending just added Bitcoin Cash for the users to get flexible deposits letting users earn a interest on Bitcoin Cash,
Bitcoin Cash is already a popular altcoin in the market and Binance just added support for bitcoin cash on its lending platform. The limit on an individual on the Binance lending platform was 1,000,000 BCH.

Read more Here:
https://news.bitcoin.com/binance-lending-bitcoin-cash/

thiscomm

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I think this will also be beneficial for media promotions that can increase users from binance. because indirectly that opens the way for transactions there is binance then for them to get wages through cryptocurrency they have to buy and use binance coins. this will increase the number of binance transactions which will also make the price of binance go up.

Golftech

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Quote from: Malam90 on March 17, 2020, 06:10:23 AM

Binance do regular activities for the development of cryptocurrency. The recent announcement for launch of the Fiat gateway in the South Africa is a milestone in Africa because from this point, people of South Africa and Africa also will be able to come closer with cryptocurrency and people can buy cryptolcurrency with their local currencies using bank.

That 1 Million dollar donation in order to educate the people around SA to know deeper about blockchain technology. This really a very good gestures from this company encouraging more people to use this services and open the bridge between SA fiat to crypto industry.
More developments like this will results to a much bigger chances of success, SA will soon to be another place who embraces cryptocurrencies.

Alobo Realer

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Since the Creation of Binance in 2017 they have never ceased to top the in the exchange market in the Cryptocurrency world, their strategic innovational development and easy-to-use aspect is a major advantage over other exchange platform.
Just few days of research about Binance and am fully satisfied with the result being the best exchange as they seem to add new features helpful enough for easy trading and exchange.

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