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Topic: Binance: $BNB The Future of Exchanges. - page 145. (Read 131881 times)

full member
Activity: 182
Merit: 106
December 15, 2017, 09:37:44 AM
BNB is becoming the exchange of many ICO projects. BNB already has a high trading volume and is showing really stable until now. In my onion this exchange will continue to grow and be one of the biggest exchange out there.



Yeah in just a few months it went from a tiny exchange to one of the top ones. I think it will only grow further as bittrex is having issues now with the amount of volume they are getting where as binance seems to be handling the increase in volume just fine.
hero member
Activity: 2366
Merit: 504
December 15, 2017, 09:34:17 AM
I love binance fork policy.

They are giving you forks how shitty it is but they are not listing all.

You can withdraw them wherever you want.

Yes that is good policy. Many exchanges gettin those coins and keepint for themselves.

I know!

They are making tons of profit for keeping it themselves. I had 0.25 btc on cryptopia when btg happened and they said they are not supporting it. They made a 75$ worth profit just from me.
But remember a lot of the exchange sites are not distributed the BTG to the bitcoin holders. Just like poloniex and why the team has made tons of money through the bitcoin gold. Binance has a very good policy to still distribute the hardfork to the holders but try to filter the hardfork coin of bitcoin.
newbie
Activity: 56
Merit: 0
December 15, 2017, 09:05:31 AM
BNB is becoming the exchange of many ICO projects. BNB already has a high trading volume and is showing really stable until now. In my onion this exchange will continue to grow and be one of the biggest exchange out there.

legendary
Activity: 1764
Merit: 1012
December 15, 2017, 07:38:27 AM
I love binance fork policy.

They are giving you forks how shitty it is but they are not listing all.

You can withdraw them wherever you want.

Yes that is good policy. Many exchanges gettin those coins and keepint for themselves.

I know!

They are making tons of profit for keeping it themselves. I had 0.25 btc on cryptopia when btg happened and they said they are not supporting it. They made a 75$ worth profit just from me.
full member
Activity: 322
Merit: 102
December 15, 2017, 04:21:23 AM
I love binance fork policy.

They are giving you forks how shitty it is but they are not listing all.

You can withdraw them wherever you want.

Yes that is good policy. Many exchanges gettin those coins and keepint for themselves.
full member
Activity: 238
Merit: 100
December 15, 2017, 01:53:15 AM
I love binance fork policy.

They are giving you forks how shitty it is but they are not listing all.

You can withdraw them wherever you want.

Agreed, its great that they credit the coins from the forks. But its not excactly true that you can withdraw them whenever you want, for me Bitcoin Gold as well as Bitcoin Diamond is still not withdrawable. Im waiting for it to become possible so I can sell this nonsense as long as it still brings a little money.
newbie
Activity: 23
Merit: 0
December 14, 2017, 11:48:55 PM
Hello everyone.
I used to be a binance holder and am a user now.
So like all you i am quite familiar with exchange owned tokens like bnb.
Now i just wana introduce to you another gem in case you haven't already came across it
Since it is yet a sleeping gem.

It's COSS token of COSS.io exchange. Stands for (Crypto One Stop Solution)

Holding COSS token you will recieve weekly dividents in many different coins including btc and eth and many others
Not only the value of your COSS token will grow over time but that of your dividents.( 50% fee split allocation, Fixed) fees yeiled from transactions on the exchange platform AND COSS merchant POS system.
It's still super chip to buy. In Beta yet. https://coinmarketcap.com/currencies/coss/
Less than 10m market cap yet
The dev is planning to release a compeletly new UI before christmas
They are super complient to the regulations and seriously working on including FIAT to crypto feature in near future Q12018 which will be huge.
And a great supportive and big community.
Singapore based also
They haven't even started mass markrting yet...
Another binance at 15 cents i believe....
Good luck.

full member
Activity: 308
Merit: 102
December 13, 2017, 08:38:46 PM
i sold half my stack to ride ltc. Wait for the rest to get to $5 at least.
legendary
Activity: 1764
Merit: 1012
December 13, 2017, 01:17:58 PM
I love binance fork policy.

They are giving you forks how shitty it is but they are not listing all.

You can withdraw them wherever you want.
full member
Activity: 238
Merit: 100
December 13, 2017, 01:09:05 PM
I woke up this morning to find over 8000 BCX had appeared in my Binance account, have I missed another Bitcoin fork - I'm starting to lose count.

Am I right in thinking this is what it is https://bcx.org/ ?

EDIT: Binance has now also given out Super Bitcoin (SBTC) to Bitcoin holders on a 1:1 rate.
Yes, BCX is Bitcoin X, 1:10 rate.
All the upcoming forks are announced by Chinese and this bothers me - the greedy scammers launch worthless copies of Bitcoin, to implement shady premines and steal your Bitcoin private keys.
Technically, Binance is doing a favor its customers for crediting them futures for the fork. Ethically, it stays in the same line of fraudulent and manipulative techniques Binance applies from early months.
Yeah, those forks would cost literally nothing if not for the exchanges endorsement.
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
December 13, 2017, 12:47:01 PM
I woke up this morning to find over 8000 BCX had appeared in my Binance account, have I missed another Bitcoin fork - I'm starting to lose count.

Am I right in thinking this is what it is https://bcx.org/ ?

EDIT: Binance has now also given out Super Bitcoin (SBTC) to Bitcoin holders on a 1:1 rate.
Yes, BCX is Bitcoin X, 1:10 rate.
All the upcoming forks are announced by Chinese and this bothers me - the greedy scammers launch worthless copies of Bitcoin, to implement shady premines and steal your Bitcoin private keys.
Technically, Binance is doing a favor its customers for crediting them futures for the fork. Ethically, it stays in the same line of fraudulent and manipulative techniques Binance applies from early months.

1 BTC:10000 BCX is the ration for BCX fork.*

Well, all I know is that they cannot steal your BTC keys, you are only importing the keys into their forked wallet and you get the coins, but you need to stop using the old private keys on the Bitcoin mainnet (security reasons).

But, I agree that the shady premines and unfinished forks are looking like greedy cash grabs by the Chinese forkers..anyone buying the forked coins is just plain stupid, just dump it on the market.
full member
Activity: 281
Merit: 100
December 13, 2017, 11:34:50 AM
I woke up this morning to find over 8000 BCX had appeared in my Binance account, have I missed another Bitcoin fork - I'm starting to lose count.

Am I right in thinking this is what it is https://bcx.org/ ?

EDIT: Binance has now also given out Super Bitcoin (SBTC) to Bitcoin holders on a 1:1 rate.
Yes, BCX is Bitcoin X, 1:10 rate.
All the upcoming forks are announced by Chinese and this bothers me - the greedy scammers launch worthless copies of Bitcoin, to implement shady premines and steal your Bitcoin private keys.
Technically, Binance is doing a favor its customers for crediting them futures for the fork. Ethically, it stays in the same line of fraudulent and manipulative techniques Binance applies from early months.
sr. member
Activity: 574
Merit: 261
December 13, 2017, 07:15:56 AM
I woke up this morning to find over 8000 BCX had appeared in my Binance account, have I missed another Bitcoin fork - I'm starting to lose count.

Am I right in thinking this is what it is https://bcx.org/ ?

EDIT: Binance has now also given out Super Bitcoin (SBTC) to Bitcoin holders on a 1:1 rate.
full member
Activity: 322
Merit: 102
December 13, 2017, 07:09:12 AM
what is the main fuction of BNB? Just token for getting free airdrops from the exchange? What is the usecase here? I would be appreciated if someone explained in datails

The main usecase of BNB is paying the trading fees with it. When using BNB there is a 50% discount on the trading fees. Thats what makes BNB a great token, because unlike others it is a token with real use case!

And also these BNB tokens are burned every quarter so as the volume decreases the value and price increases Grin A great idea from the binance team, as the exchange grows so will the pump for BNB! 2018 will be a good year for BNB

I agree, it's great idea. And volume of Binance growing so fast also user and token base.
full member
Activity: 238
Merit: 100
December 12, 2017, 02:29:51 PM
what is the main fuction of BNB? Just token for getting free airdrops from the exchange? What is the usecase here? I would be appreciated if someone explained in datails

The main usecase of BNB is paying the trading fees with it. When using BNB there is a 50% discount on the trading fees. Thats what makes BNB a great token, because unlike others it is a token with real use case!

And also these BNB tokens are burned every quarter so as the volume decreases the value and price increases Grin A great idea from the binance team, as the exchange grows so will the pump for BNB! 2018 will be a good year for BNB
Yeah, it's less explosive then some other coiuns but I expect a pretty big growth over time.
full member
Activity: 238
Merit: 100
December 12, 2017, 02:27:47 PM
The addition of the stop loss has made me take another look at BNB. This is a must have feature for any serious trader. For those that are trading without it.. How do you go to sleep at night knowing that you could wake up and have your position down 25% ?

If they will only add margin trading now..

Actually, I guess most people in crypto are not day trading, so they just hold through the swings because they are used to see their positions rise or drop every other day for about 20% or more. At least for me its no problem to go to sleep knowing that this will happen Cheesy
sr. member
Activity: 322
Merit: 250
December 12, 2017, 02:10:31 PM
The addition of the stop loss has made me take another look at BNB. This is a must have feature for any serious trader. For those that are trading without it.. How do you go to sleep at night knowing that you could wake up and have your position down 25% ?

If they will only add margin trading now..
legendary
Activity: 1764
Merit: 1012
December 12, 2017, 01:55:49 PM
what is the main fuction of BNB? Just token for getting free airdrops from the exchange? What is the usecase here? I would be appreciated if someone explained in datails

The main usecase of BNB is paying the trading fees with it. When using BNB there is a 50% discount on the trading fees. Thats what makes BNB a great token, because unlike others it is a token with real use case!

And also these BNB tokens are burned every quarter so as the volume decreases the value and price increases Grin A great idea from the binance team, as the exchange grows so will the pump for BNB! 2018 will be a good year for BNB

I have some referrals using BNB for their trades. I am getting some bnb from them and using on my trades.

At the end i'm paying nothing for trading on Binance. Really love their marketing system Smiley
full member
Activity: 728
Merit: 103
December 12, 2017, 01:34:20 PM
what is the main fuction of BNB? Just token for getting free airdrops from the exchange? What is the usecase here? I would be appreciated if someone explained in datails

The main usecase of BNB is paying the trading fees with it. When using BNB there is a 50% discount on the trading fees. Thats what makes BNB a great token, because unlike others it is a token with real use case!

And also these BNB tokens are burned every quarter so as the volume decreases the value and price increases Grin A great idea from the binance team, as the exchange grows so will the pump for BNB! 2018 will be a good year for BNB
full member
Activity: 238
Merit: 100
December 12, 2017, 01:04:46 PM
By oldschool way of trading you mean what exactly? Working with limit orders that you set manually when your instinct tells you that its the right time to set them? Dont really know what to understand under oldschool trading. Thanks in advance for the explanation!

I don't know what you are asking?

He just doesn't use analytics or stop/loss and acting his own thoughts and insights. I am doing like it but failing constantly Smiley

I was asking what he means by oldschool trading.
So basically you mean only trading with limit orders dependant on thoughts where the market will be heading. Just like most people do their trades.
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