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Topic: Binance: $BNB The Future of Exchanges. - page 105. (Read 132059 times)

sr. member
Activity: 574
Merit: 261
Is there any news if Binance will be issuing Monero V (XMV) to holders of Monero (XMR) when it forks on the 30th April, I've Google but not found any definative answer..anyone know for sure ?

Minergate said they will in this article, original not currently available but cached copy here:
https://webcache.googleusercontent.com/search?q=cache:QbZWDFR4N4oJ:https://minergate.com/blog/what-to-expect-and-how-to-prepare-for-the-monero-v-fork/+&cd=2&hl=en&ct=clnk&gl=uk
member
Activity: 407
Merit: 14
Collectrix-Bridgin the physical and Virtual worlds
This is not correct,Presently,Binance is the world's leading exchange but BNB is not the only exchange coin with uses in the exchange.
One exchange coin I love so much is Kucoin shares(KCS).. Holding this coin gives you a share of the company's daily trading fee,the price was once competing with BNB at $20.
member
Activity: 308
Merit: 10
Everything about binance exchanges seems good unless the facts are centered. Which means a potential scam. Make no mistake, but such risks always exist, but for so far I see Binance is the biggest market today
sr. member
Activity: 462
Merit: 281
dApps Development Automation Platform
Binance they use huge bot trading system to make daily volume orders huge on tracking system.
that's why the exchange can very fast growth and pass bittrex to the top 1 volume. I still love bittrex but yes BNB is better to trade new coin/token as bittrex under US law they can't easy add new coin
hero member
Activity: 901
Merit: 500
Who can explain to me why the BNB did not lose in the BTC value during the correction? This is one of the few coins that showed itself well during the correction
Because of BNB's buy back strategy. No matter what will be happens, BNB supply will be become 100 million only and it make people think if BNB token are worth as invesment.
full member
Activity: 364
Merit: 100
Who can explain to me why the BNB did not lose in the BTC value during the correction? This is one of the few coins that showed itself well during the correction
hero member
Activity: 668
Merit: 500
I sold my binance coins at 165-170k, I think this prices are very good for sell, there is a lot of project which drops very much, I sold my all bnb and bought this cheap projects.

It's good if you get a profit for your trading and the main reason for all trader is profit.
I just buy BNB on binance for the trading fee reduction there.
full member
Activity: 532
Merit: 100
BNB will continue to add value to its value path. If they do their own chains, nobody can get ahead of them. Commissions are also very low right now. I have not seen anything done to the detriment of the users so far
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
It is a good thing that the BNB has been able to resist at such high prices while experiencing a huge decline in the price of everything. Binance is becoming more and more popular on the exchanges every day Smiley

It will increase in terms of price because Binance exchange is improving a lot with all the security measures they are taking, so now also it is the right option to buy as many coins as possible, in next bull run there is huge chance the price can easily increase in the market.
member
Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
my question is if the price of this coin is so high, how do they use it for the transaction discount function of its users? if the cost is above average then this coin can not be a solution even in small fractions because the fee can not be set just like that. I am an active binance user, but still expect BNB to remain at the current standard price.
member
Activity: 630
Merit: 10
I believe in this coin. It seems to me that BNB should be in the portfolio of every investor and trader. Exchange coins can become very expensive.
It seems to me that today all the coins that provide their personal trading exchanges or exchangers can be in every portfolios. Because it's a 100% winning ticket. As the market of crypto-currencies today is increasing, the demand for various types of currency exchange is also increasing .
sr. member
Activity: 784
Merit: 257
I believe in this coin. It seems to me that BNB should be in the portfolio of every investor and trader. Exchange coins can become very expensive.
hero member
Activity: 784
Merit: 502
What I really like about the the BNB token is thae buy back concept.
This could help to keep the price growing or at least stable.
sr. member
Activity: 779
Merit: 253
I sold my binance coins at 165-170k, I think this prices are very good for sell, there is a lot of project which drops very much, I sold my all bnb and bought this cheap projects.
sr. member
Activity: 574
Merit: 261

I don't get it? So, for example, if I have 10 BnB's in my portfolio, they will buy my coins in exchange for BTCs? I just use my BnB coins to reduce my tradingl fees and not for selling nor intend to gain profit from it. The reason why I got into Binance in the first place was because of its application which currently run smoothly in my phone, that's it. Don't have any idea about earning through their own coins up until today. Now that I have gained another knowledge about it, I was thinking of acquiring more since the future of BnB is brighter than I expected.
They will buy it on market. They won't buy from people who aren't selling their BNB token on market (i.e keep it only for paying fees, as investment, or keep it on wallet).
That's their buy-back strategy u until BNB token supply reduced to 100 million tokens.

I too bought BNB just for the trading fee reduction but was pleasantly surprised when the price started to go up.
If the price is going to rise because Binance are buying BNB on the market then burning them I'd better keep an eye out for when the supply reaches near 100million as the price may then stagnate..but who know what may happen.
full member
Activity: 378
Merit: 100
ARIZN - Tokenised Crowdfunding Platform
It is a good thing that the BNB has been able to resist at such high prices while experiencing a huge decline in the price of everything. Binance is becoming more and more popular on the exchanges every day Smiley
newbie
Activity: 170
Merit: 0
$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.
Exactly. Binance along with BNB are having a positive impact on the crypto market. Although Binance was newly formed and built recently, it is widely known to the public. There are no margin limits such as Bitfinex to trade. Really easy and nice for newbies. BNB is providing traders with a solution that can be easily charged with transaction fees.

hero member
Activity: 901
Merit: 500

I don't get it? So, for example, if I have 10 BnB's in my portfolio, they will buy my coins in exchange for BTCs? I just use my BnB coins to reduce my tradingl fees and not for selling nor intend to gain profit from it. The reason why I got into Binance in the first place was because of its application which currently run smoothly in my phone, that's it. Don't have any idea about earning through their own coins up until today. Now that I have gained another knowledge about it, I was thinking of acquiring more since the future of BnB is brighter than I expected.
They will buy it on market. They won't buy from people who aren't selling their BNB token on market (i.e keep it only for paying fees, as investment, or keep it on wallet).
That's their buy-back strategy u until BNB token supply reduced to 100 million tokens.
full member
Activity: 294
Merit: 114
They won't do such things like giving dividends because already they mentioned they will buy back the coin until total supply will be around 100 millions. With the new announcement they want to develop their own block chain for further developments and it will create another history to create the most prominent ICO through Binance exchange.

I don't get it? So, for example, if I have 10 BnB's in my portfolio, they will buy my coins in exchange for BTCs? I just use my BnB coins to reduce my tradingl fees and not for selling nor intend to gain profit from it. The reason why I got into Binance in the first place was because of its application which currently run smoothly in my phone, that's it. Don't have any idea about earning through their own coins up until today. Now that I have gained another knowledge about it, I was thinking of acquiring more since the future of BnB is brighter than I expected.
member
Activity: 700
Merit: 12
BNB has an ambition to be the public chain after it announce its new plan, this is the reason that the price grow so much and fall a little, it deserver a long term holding and lets wait to see
Considering the recent movement Yes, very long on BNB. I've been a strong supporter of the exchange as well as the Binance Coin 'BNB' As you said that BNB have done well established their exchange in less than 12 months, constant improvements going on. It's not taught to say that huge long-term growth. Let’s see how the next burn effects the coin.
It will help to improve the value of their coins as well gives more chances to investors to invest on them, it will help the price to go up when they lessen the supply. This why other ICO when they got successful they says that they will burn the unsold token to help on their circulating coins.

One day BNB price will match that of the other coins fees as more and more people are buying BNB and prefers it as its fees. Maybe Binance will make another incentive that time like giving dividends on BNB holders. Wink

They won't do such things like giving dividends because already they mentioned they will buy back the coin until total supply will be around 100 millions. With the new announcement they want to develop their own block chain for further developments and it will create another history to create the most prominent ICO through Binance exchange.
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