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Topic: Binance: $BNB The Future of Exchanges. - page 106. (Read 131881 times)

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.
newbie
Activity: 17
Merit: 0
If binance continue to improve, i can see BNB price will go to the moon <3
Binance exchange rocks !!
hero member
Activity: 868
Merit: 506
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
legendary
Activity: 1147
Merit: 1007
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.
jr. member
Activity: 154
Merit: 1
Surprising BNB one of the coin that held value well compared to others even ethereum
https://www.coingecko.com/en/coins/binancecoin
The burning of the coins helps BNB to stay strong. I have made more than  X2 profit (according to ethereum) with BNB during last 20 days. I sold and waiting a lower price to buy again.
member
Activity: 420
Merit: 11
BNB Coin backbone for Binance exchange and Binance is as of now the world number 1 exchange in terms of exchange fee and speed of execution of altcoin trading and support wise and security wise we can see binance performance is excellent
member
Activity: 224
Merit: 21
Introducing our latest security feature. The Anti-Phishing code.

You can customize your Anti-Phishing settings in your Binance account center. Once you have successfully set your Anti-Phishing Code, all legitimate Binance emails that you receive will contain this exact code.

sr. member
Activity: 1066
Merit: 261
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.
sr. member
Activity: 546
Merit: 253
full member
Activity: 252
Merit: 101
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
legendary
Activity: 3304
Merit: 8633
Crypto Swap Exchange
what site is the best and has some great rate of coin to trade and hold? im newbie Smiley

there is no way over binance  Wink
but also kucoin has a certain amount of good coin and is similar to binance  Cheesy

if you do not have an account on these exchanges then i can send you my ref-links via PM
newbie
Activity: 122
Merit: 0
what site is the best and has some great rate of coin to trade and hold? im newbie Smiley
hero member
Activity: 1458
Merit: 509
Surprising BNB one of the coin that held value well compared to others even ethereum
https://www.coingecko.com/en/coins/binancecoin
I'm not feeling surprised about that. We know the fact binance exchange is the biggest exchange platform right now which contains the largest daily trade volume at this time. And that means if there is lot of support from the crypto users if the majority of them are using binance exchange. binance platform is running very well compared to another competitor just like kucoin and huobi.
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