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Topic: Binance: $BNB The Future of Exchanges. - page 131. (Read 132065 times)

newbie
Activity: 10
Merit: 0
January 09, 2018, 03:21:15 AM
you can use my link thanks in advance

https://www.binance.com/?ref=11393730
newbie
Activity: 56
Merit: 0
January 09, 2018, 01:41:57 AM
I just noticed that Binance temporarily started accepting new registrations once again! This is one of the best exchange around guys so sign up whilst you can.

Be quick and please use my link.. it's appreciated!

Go here .. www.binance.com/?ref=12817539

newbie
Activity: 56
Merit: 0
January 08, 2018, 11:26:51 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.

Yes. That's a bit shit of them to lower referral commissions from 50% to 20%. Makes it hardly worth it. It's the equivalent of a crypto exchange pump and dump...on their advertisers.

Unfortunately, many users are abusing the system by creating fake accounts and scamming the system. We understand part of the reason Binance is now a premier exchange is because we provide good volume with easy sign up (no verification / ID needed for level 1 and instant accessibility). These scammers have honestly taken away from their own community by forcing us to decrease the referral commissions until we can create a better system to weed out the fake accounts abusing the referral system.

Understood. I can't even imagine how you could scam the referral system but will take your word for it.


Whales can create multiple lvl 1 accounts. Instead of sending 1000 BTC to one account they spread out multiple BTC to several fake accounts. From these fake accounts they start trading in volume so each account can give each other commission. This is just one example that was happening.

Thank you for the explanation. Very helpful. Hoping you guys can figure out a way to sort out the referral system but still make it profitable/worthwhile for your advertisers.
copper member
Activity: 67
Merit: 1
Binance Exchange
January 08, 2018, 11:23:20 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.

Yes. That's a bit shit of them to lower referral commissions from 50% to 20%. Makes it hardly worth it. It's the equivalent of a crypto exchange pump and dump...on their advertisers.

Unfortunately, many users are abusing the system by creating fake accounts and scamming the system. We understand part of the reason Binance is now a premier exchange is because we provide good volume with easy sign up (no verification / ID needed for level 1 and instant accessibility). These scammers have honestly taken away from their own community by forcing us to decrease the referral commissions until we can create a better system to weed out the fake accounts abusing the referral system.

Understood. I can't even imagine how you could scam the referral system but will take your word for it.


Whales can create multiple lvl 1 accounts. Instead of sending 1000 BTC to one account they spread out multiple BTC to several fake accounts. From these fake accounts they start trading in volume so each account can give each other commission. This is just one example that was happening.

Instead of making the entire community suffer we realized we can not punish everyone for a few bad apples but at the same time we can not let this exploit hurt the business. I hope you all understand from a business perspective. We are trying to balance customer satisfaction while maintaining good structure.
copper member
Activity: 67
Merit: 1
Binance Exchange
January 08, 2018, 11:21:51 PM
BNB has calmed down a bit. Bitcoin calmed down. Binance stopped buying membership. However, when member purchases begin again, BNB may again enter a rapid uptrend.

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.
newbie
Activity: 56
Merit: 0
January 08, 2018, 11:19:54 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.

Yes. That's a bit shit of them to lower referral commissions from 50% to 20%. Makes it hardly worth it. It's the equivalent of a crypto exchange pump and dump...on their advertisers.

Unfortunately, many users are abusing the system by creating fake accounts and scamming the system. We understand part of the reason Binance is now a premier exchange is because we provide good volume with easy sign up (no verification / ID needed for level 1 and instant accessibility). These scammers have honestly taken away from their own community by forcing us to decrease the referral commissions until we can create a better system to weed out the fake accounts abusing the referral system.

Understood. I can't even imagine how you could scam the referral system but will take your word for it.
full member
Activity: 756
Merit: 104
January 08, 2018, 11:19:03 PM
BNB has calmed down a bit. Bitcoin calmed down. Binance stopped buying membership. However, when member purchases begin again, BNB may again enter a rapid uptrend.
copper member
Activity: 67
Merit: 1
Binance Exchange
January 08, 2018, 11:17:30 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.

Yes. That's a bit shit of them to lower referral commissions from 50% to 20%. Makes it hardly worth it. It's the equivalent of a crypto exchange pump and dump...on their advertisers.

Unfortunately, many users are abusing the system by creating fake accounts and scamming the system. We understand part of the reason Binance is now a premier exchange is because we provide good volume with easy sign up (no verification / ID needed for level 1 and instant accessibility). These scammers have honestly taken away from their own community by forcing us to decrease the referral commissions until we can create a better system to weed out the fake accounts abusing the referral system.
newbie
Activity: 56
Merit: 0
January 08, 2018, 11:14:09 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.

Yes. That's a bit shit of them to lower referral commissions from 50% to 20%. Makes it hardly worth it. It's the equivalent of a crypto exchange pump and dump...on their advertisers.
full member
Activity: 378
Merit: 102
January 08, 2018, 04:56:48 PM
Yea, that is a lot of new accounts being made a day. Unfortunately, they also lowered the commission that we get from referrals. I guess they need more money to run new servers for all the new growth.
full member
Activity: 238
Merit: 100
January 08, 2018, 04:21:04 PM
Seriously don't understand who the fuck makes the decision to reopen the new account registry when there's over 200K new accounts being made on a daily basis. It's like allowing 500 cars a minute to use a road that only supports up to 50 cars a minute. Sooner or later this comes crashing down.

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.

I read 250K on a daily average.

I read that too, and do think that a number like this is possible. There are many new people flowing into crypto every day. Im happy that I have all my accounts on all exchanges that I wanted to be registered on. As many other exchanges do also put new registrations on a hold for now, its a pity for everyone who is not registered yet.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
January 08, 2018, 02:20:47 PM
Seriously don't understand who the fuck makes the decision to reopen the new account registry when there's over 200K new accounts being made on a daily basis. It's like allowing 500 cars a minute to use a road that only supports up to 50 cars a minute. Sooner or later this comes crashing down.

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.

I read 250K on a daily average.
newbie
Activity: 1
Merit: 0
January 08, 2018, 12:22:53 PM
I don't really understand why support tickets on Binance at once receive "solved" status.

Maybe someone here already experienced the same problem?

I faced a problem with one order, it wasn't somewhy correctly added to my orders. So for now I see "You have no open orders" in the Open orders section but when I go to the Deposits & Withdrawals section I see that my BTC are still in order and I can't use them when trying to trade. The price still didn't reach the one I mentioned in this "invisible order". Maybe once it reaches it the problem will be gone but it is only an assumption. So for now I really don't know what to do and how I can contact binance support because it seems to be a bug and I can't report it...

full member
Activity: 186
Merit: 100
January 08, 2018, 08:50:55 AM
BNB really proved itself as exchange coin and opened up great window to exchanges.
I expect to see higher bnb price as binance will keep getting revenue.
legendary
Activity: 1764
Merit: 1012
January 08, 2018, 08:32:38 AM
Seriously don't understand who the fuck makes the decision to reopen the new account registry when there's over 200K new accounts being made on a daily basis. It's like allowing 500 cars a minute to use a road that only supports up to 50 cars a minute. Sooner or later this comes crashing down.

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.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
January 08, 2018, 08:26:00 AM
Seriously don't understand who the fuck makes the decision to reopen the new account registry when there's over 200K new accounts being made on a daily basis. It's like allowing 500 cars a minute to use a road that only supports up to 50 cars a minute. Sooner or later this comes crashing down.
full member
Activity: 556
Merit: 100
January 08, 2018, 07:19:22 AM
I want to buy also this coin. I have regrets that i snub this coin i saw right now it is very successful project i now its gonna be happen.
bul
newbie
Activity: 40
Merit: 0
January 08, 2018, 06:37:58 AM
Great to read the Binance is open again for new registrations!

yes indeed, and it's a sign that Binance is a great exchange. Fixing everything really fast, and thinking one step ahead! Grin
newbie
Activity: 56
Merit: 0
January 08, 2018, 06:15:29 AM
Great to read the Binance is open again for new registrations!
full member
Activity: 364
Merit: 101
January 08, 2018, 05:39:43 AM
Here's the official announcement

Fellow Binancians,

 

We are pleased to announce that Binance will re-open limited user registrations starting today. To ensure performance for our existing users, only a limited number of new registrations will be allowed each day.  Registration open times will vary from day to day, without prior announcement. Additionally, the Binance Referral Program commission rebate will be adjusted to 20%.

We would also like to remind our users again that the selling of Binance accounts is strictly forbidden. For the safety of your funds, we will freeze and disable all Binance accounts that are identified as being bought/sold.

Thanks for your support!

Binance Team

2018/01/08


Kindly register on my referral link below to get both of us rewards.

https://www.binance.com/?ref=15213515

Will do!
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