Binance: $BNB The Future of Exchanges. - page 118.

Estrath

member

Activity: 140

Merit: 10

Maybe a stupid question but I just want to know how the employees at binance get payed for their work. Do they get payed in crypto, in that case what and where does that crypto come from? If they get payed in fiat where does that fiat come from?

The answers above are not very accurate.
The exchanges have 2 main sources of income. The first is a commission for trading. And the second is the payment for the coin's listing. Small exchanges take a new coin just like that, even if it's not just a very trustworthy project. Larger exchanges examine the coin more thoroughly, sometimes can even ask for a symbolic amount for the listing. But such exchanges as Binance - with billions in trading volume, do not simply take a coin. It costs a very large sum of money and small projects. Today, placing a coin on Binance is worth $ 1.5 million.
I hope now you understand where resources come from?

gulypz

member

Activity: 476

Merit: 10

It fell at BNB with the whole market. However, the BNB will be able to outperform the $ 20 level in the future. Binance is growing everyday.

newcoin01

full member

Activity: 322

Merit: 102

Quote from: ?? on ??

Maybe a stupid question but I just want to know how the employees at binance get payed for their work. Do they get payed in crypto, in that case what and where does that crypto come from? If they get payed in fiat where does that fiat come from?

And where does the fee from withdrawals and trades go?

Cryptocurrencies can be cashed out.
I don't know if they are paid out with cryptocurrencies or nor but maybe they can get some bonusses as cryptocurrency.

Ale88

legendary

Activity: 2380

Merit: 2369

Catalog Websites

Quote from: ?? on ??

Maybe a stupid question but I just want to know how the employees at binance get payed for their work. Do they get payed in crypto, in that case what and where does that crypto come from? If they get payed in fiat where does that fiat come from?

And where does the fee from withdrawals and trades go?

I don't know if they get paid fiat or crypto, maybe they can choose because at the moment you don't usually buy food with cryptos, but the exchange gains money thanks to the commissions, so they can sell part of those cryptos they get and pay the people.

Leooo

jr. member

Activity: 158

Merit: 2

Quote from: coininvesting1 on August 11, 2017, 01:27:45 PM

$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.

It has a strong competition with HT and ofc with the other coins enlisted on binance.
HT is still new and cheap and potential to rise.

Binance_Angels

copper member

Activity: 67

Merit: 1

Binance Exchange

Quote from: oturanbilboa on February 02, 2018, 06:10:06 PM

Quote from: jeda2000 on February 02, 2018, 10:41:26 AM

Binance is constantly expanding. They are doing very interesting campaigns. In this case, BNB is reflected positively. I think you can see the $ 25 level.

It is difficult to have a rise in price as you have mentioned in a short time. We can see the prices you mentioned as if binance will be first exchange.
The most important is that the exchange will create a positive image.

We are always working extremely hard to bring a positive impact to the community. Thank you for supporting us.

oturanbilboa

sr. member

Activity: 454

Merit: 252

Quote from: jeda2000 on February 02, 2018, 10:41:26 AM

Binance is constantly expanding. They are doing very interesting campaigns. In this case, BNB is reflected positively. I think you can see the $ 25 level.

It is difficult to have a rise in price as you have mentioned in a short time. We can see the prices you mentioned as if binance will be first exchange.
The most important is that the exchange will create a positive image.

Veseloff

full member

Activity: 448

Merit: 106

Revolutionising Marketing and Loyalty

Who can help? How to withdraw fractional parts from coins? They say that you can use BNB as a commission and then you can withdraw the coins completely, is that so?

Gobeller

member

Activity: 156

Merit: 10

Quote from: Pivooooo on February 02, 2018, 11:15:29 AM

One of the advisors for Binanace is Da Hong Fei – The founder of NEO. This means that there is a strong partnership between Bianace and NEO. Currently, Bianace is the only exchange that gives NEO GAS for holding NEO on the exchange. The exchange takes a snapshot of the NEO balance on a daily basis and will distribute NEO GAS based on the snap shotted balance. I'm gradually buying on kickbacks!

Yeah nice point, that's the main reason of GAS distribution on Binance exchange. Other exchanges are not doing this as far as I know. But the problem binance is overcrowded and they are not doing a good customer support.

loky4i4

newbie

Activity: 55

Merit: 0

Quote from: Apekool on February 02, 2018, 06:13:44 AM

Binance exchange is tripping hard times. I log in, see funds/account, then it's gone again, then auto-F5 every few seconds.

Bad omen. Just now it's happening, not the hours before.

same ,but on smartphone is working as usual

krm4700

full member

Activity: 490

Merit: 105

I have done research on the project for this, it is not clear in the near future that it will make us good money but it is in my long term plans

Pivooooo

member

Activity: 350

Merit: 16

One of the advisors for Binanace is Da Hong Fei – The founder of NEO. This means that there is a strong partnership between Bianace and NEO. Currently, Bianace is the only exchange that gives NEO GAS for holding NEO on the exchange. The exchange takes a snapshot of the NEO balance on a daily basis and will distribute NEO GAS based on the snap shotted balance. I'm gradually buying on kickbacks!

shellyfinest

member

Activity: 94

Merit: 11

Quote from: Apekool on February 02, 2018, 06:13:44 AM

Binance exchange is tripping hard times. I log in, see funds/account, then it's gone again, then auto-F5 every few seconds.

Bad omen. Just now it's happening, not the hours before.

I haven't had issues with Binance in the last month ... I hope what you are saying is temporary

jeda2000

full member

Activity: 392

Merit: 101

Binance is constantly expanding. They are doing very interesting campaigns. In this case, BNB is reflected positively. I think you can see the $ 25 level.

Apekool

member

Activity: 126

Merit: 13

The internet > you

If you're account becomes compromised now you cannot get in to alter the smartphone authentication code etc.

Apekool

member

Activity: 126

Merit: 13

The internet > you

Binance exchange is tripping hard times. I log in, see funds/account, then it's gone again, then auto-F5 every few seconds.

Bad omen. Just now it's happening, not the hours before.

MV7

full member

Activity: 322

Merit: 107

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Is binance down for everyone else as well? I try to log in but the page just keeps refreshing. Wonder if this is a tactic to keep people from withdrawing from accounts or something

Froloff92

member

Activity: 238

Merit: 10

Now I have completely transferred my deposit to the Binance exchange and I think that binance will continue to grow.

xzone

legendary

Activity: 2772

Merit: 1557

I think it is necessary to buy some when you see the current price Cheesy

If the downtrend stops a bit I will invest. I think it is a very good coin with the potential to be used both in the stock market as well as the rise

witch

sr. member

Activity: 616

Merit: 250

What I really like is that the Binance is rebuying BNB coins to burn them and you can trade cheaper (less fee prices) when using BNB as payment currency for the fees.

So I assume BNB to rise, but implied that Binance will be continue its rise.

Topic: Binance: $BNB The Future of Exchanges. - page 118. (Read 131881 times)