Binance: $BNB The Future of Exchanges. - page 130.

flinty69

newbie

Activity: 56

Merit: 0

Quote from: marketone on January 09, 2018, 10:11:28 PM

Quote from: whd on January 09, 2018, 08:50:37 PM

Binance has closed registration, if you would like to know wheter it is open or not you can do it via this simple webpage https://checkbinance.herokuapp.com/

Yesterday they mentioned they have opened the registration for limited members only, did they close again for registration? May be because they got minimum requirement for their target.

Binance are opening for a few hours each day to receiv new registrations. No idea why as to the real reason but I imagine something to do with capacity issues.

flinty69

newbie

Activity: 56

Merit: 0

Quote from: nydiacaskey01 on January 09, 2018, 09:31:56 PM

Quote from: flinty69 on January 09, 2018, 12:19:30 PM

Quote from: nydiacaskey01 on January 09, 2018, 11:52:39 AM

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

Top referrers on other social communities (Reddit, Twitter) seem to be pretty offended at the 20 percent commission saying its not worth the effort. They are turning to advertising other more profitable exchanges. I wonder if this will affect binance popularity?

No. I don't think there will be an adverse effect on reducing the commission fees from 50% down to 20%. Binance can stand on its own with or without the commission fees. They listen to their followers like what coin/token to add via votes and their support is so far responsive. Their representative in this forum is responsive as well. If they keep working like this they will attract more users.

I agree but there are other exchanges offering some really attractive referral fees. I'm sure Binance will do well but it's easy to fall from the top 5 or top 10 spot as we see even with altcoins.

marketone

legendary

Activity: 1302

Merit: 1000

Quote from: whd on January 09, 2018, 08:50:37 PM

Binance has closed registration, if you would like to know wheter it is open or not you can do it via this simple webpage https://checkbinance.herokuapp.com/

Yesterday they mentioned they have opened the registration for limited members only, did they close again for registration? May be because they got minimum requirement for their target.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: flinty69 on January 09, 2018, 12:19:30 PM

Quote from: nydiacaskey01 on January 09, 2018, 11:52:39 AM

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

Top referrers on other social communities (Reddit, Twitter) seem to be pretty offended at the 20 percent commission saying its not worth the effort. They are turning to advertising other more profitable exchanges. I wonder if this will affect binance popularity?

No. I don't think there will be an adverse effect on reducing the commission fees from 50% down to 20%. Binance can stand on its own with or without the commission fees. They listen to their followers like what coin/token to add via votes and their support is so far responsive. Their representative in this forum is responsive as well. If they keep working like this they will attract more users.

whd

member

Activity: 84

Merit: 35

Binance has closed registration, if you would like to know wheter it is open or not you can do it via this simple webpage https://checkbinance.herokuapp.com/

Binance_Angels

copper member

Activity: 67

Merit: 1

Binance Exchange

Quote from: phantomberg on January 09, 2018, 06:02:18 PM

I wanted to buy this coin in order to pay a smaller commission, but this coin was too expensive for me. It seems to me that the exchange does not have the right to impose on us the purchase of this coin.

You can now purchase a fraction of the coin and you don't need much at all to benefit from the 50% discount. Regardless, our fees are still lower than other exchanges without the BNB discount (.1%) should you choose not to hold onto BNB.

phantomberg

member

Activity: 392

Merit: 10

I wanted to buy this coin in order to pay a smaller commission, but this coin was too expensive for me. It seems to me that the exchange does not have the right to impose on us the purchase of this coin.

bribed

full member

Activity: 238

Merit: 100

Quote from: flinty69 on January 09, 2018, 12:19:30 PM

Quote from: nydiacaskey01 on January 09, 2018, 11:52:39 AM

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

Top referrers on other social communities (Reddit, Twitter) seem to be pretty offended at the 20 percent commission saying its not worth the effort. They are turning to advertising other more profitable exchanges. I wonder if this will affect binance popularity?

No I dont think so. Binance already has reached a popularity level that isnt in need of any reddit refferers anymore in my opinion. They have created a big enough awareness for their exchange so that almost everybody who is into crypto has eighter heard of them or is already registered.

premium_domainer

legendary

Activity: 1764

Merit: 1012

Quote from: flinty69 on January 09, 2018, 12:19:30 PM

Quote from: nydiacaskey01 on January 09, 2018, 11:52:39 AM

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

Top referrers on other social communities (Reddit, Twitter) seem to be pretty offended at the 20 percent commission saying its not worth the effort. They are turning to advertising other more profitable exchanges. I wonder if this will affect binance popularity?

It won't.

It was expecting actually. Also they are the biggest exchange and also the most trusted one. No-one will leave here just they are paying lower money for referrals.

Ganglo Saxon

newbie

Activity: 48

Merit: 0

Quote from: Kubra Dam on January 09, 2018, 01:46:21 PM

Quote from: publicjud on January 09, 2018, 01:17:04 PM

BNB has a very interesting idea and good marketing. The coin makers very cleverly came up with a way to sell this coin. Each player on the exchange buys this coin in order to reduce the transaction commission. And this brings a great popularity to the coin. It's just a perfect plan!

They acquaired a huge amount of newcomers and they closed the registrar system for the new participants. This is something showing that Binance exchange is very popular, probably the most popular exchange at the moment. It will develop much more.

You're correct. Currently #1 on Coin Market Cap by more than $2.1bn USD!:

https://coinmarketcap.com/exchanges/volume/24-hour/

Kubra Dam

sr. member

Activity: 644

Merit: 271

Quote from: publicjud on January 09, 2018, 01:17:04 PM

BNB has a very interesting idea and good marketing. The coin makers very cleverly came up with a way to sell this coin. Each player on the exchange buys this coin in order to reduce the transaction commission. And this brings a great popularity to the coin. It's just a perfect plan!

They acquaired a huge amount of newcomers and they closed the registrar system for the new participants. This is something showing that Binance exchange is very popular, probably the most popular exchange at the moment. It will develop much more.

publicjud

legendary

Activity: 1120

Merit: 1003

twet.ch/inv/62d7ae96

BNB has a very interesting idea and good marketing. The coin makers very cleverly came up with a way to sell this coin. Each player on the exchange buys this coin in order to reduce the transaction commission. And this brings a great popularity to the coin. It's just a perfect plan!

Master_dandosha

hero member

Activity: 714

Merit: 500

IF YOU Enjoy Trade with ME ..PUT Feedback Please

After polo and bittrex bans a lot of members without prior notices just to follow US rules and regulations people start to figure out which one is the best and binance is the future because of its geographical location where no restriction or banning without clear reasons .

devis

member

Activity: 98

Merit: 23

I can see that happening. Cross your fingers!

flinty69

newbie

Activity: 56

Merit: 0

Quote from: nydiacaskey01 on January 09, 2018, 11:52:39 AM

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

Top referrers on other social communities (Reddit, Twitter) seem to be pretty offended at the 20 percent commission saying its not worth the effort. They are turning to advertising other more profitable exchanges. I wonder if this will affect binance popularity?

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: premium_domainer on January 08, 2018, 08:32:38 AM

I don't think there is 200k new account being made daily.

But it is annoying to wait for registration opening time. But in time they will probably clear limitations.

Mr CZ himself posted on his twitter account that they handled 250,000 new registrations in 24 hours that why they decided to close the registration temporarily to catch up with the back log. The 50% referral commission is the driver of this sudden surge of new registration thats why of you guys notice, they lowered down the referral commissions from 50% to 20%.

MiXxe

sr. member

Activity: 462

Merit: 250

I like binance exchanges and also its BNB coin it has a lot of growth now and i've heard they only accepting coins that have real products so its so nice. I only don't like the referral which use to fraud some people.

premium_domainer

legendary

Activity: 1764

Merit: 1012

If idiots continue to post their referrals here probably this thread will be deleted.

At least they will be banned either so it would be a consolation for us.

revepatro

newbie

Activity: 29

Merit: 0

Quote from: Binance_Angels on January 08, 2018, 11:21:51 PM

As our users grow and we continue to roll out new trading features (especially margin trading) we are hoping the value of BNB follows in suit with our success. Many new features, partnerships, additional utility, on top of 20% total profits burning the supply will drive demand but again we are only as valuable as the market decides.

since you're here & binance never bothered to reply my question, could you tell me plz how is that "FIRST YEAR" (for reduced fees) determined ? Is it relative to each users registration or relative to Binance launch ?
ie if Binance started public trading, say, May 2017 (didn't check) and I registered in Dec. 2017, that BNB fee discount will lower in May 2018 or Dec. 2018 ?

armutkafa

member

Activity: 99

Merit: 10

Have to agree with you. It’s a very big force in asian community and we saw that it had to disable new user registration for a short time due to overwhelming numbers of users. If their developers can improve the exchange binance and bnb will be the top exchange.

Topic: Binance: $BNB The Future of Exchanges. - page 130. (Read 132065 times)