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Topic: Binance: $BNB The Future of Exchanges. - page 147. (Read 132065 times)

member
Activity: 406
Merit: 10
December 09, 2017, 08:12:31 AM
it has sense..but it wont replace btc and eth for sure
newbie
Activity: 61
Merit: 0
December 09, 2017, 08:00:14 AM
Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address

I know about the lv1 verification, I'm asking about the lv 2..If I submit my ID and so on, how long do I need to wait that I'm approved to lv2? 24 hours, 1 week, 1 month? Is support fast?

It took me about 24 hour to get lvl 2 verification. Just be patient.
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
December 09, 2017, 07:26:48 AM
Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address

I know about the lv1 verification, I'm asking about the lv 2..If I submit my ID and so on, how long do I need to wait that I'm approved to lv2? 24 hours, 1 week, 1 month? Is support fast?
full member
Activity: 322
Merit: 102
December 09, 2017, 07:11:34 AM
$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.

Not the only exchange anymore where this is possible. I am pretty sure Yobit, Cryptopia, Kucoin, and a few other websites (Nova but they shutting down now) have their own coin or point system. In fact they didn't even start it I don't think but they made it more popular that is for sure.

Binance got huge interest with reputaable founder, investors and more from the start.
And now they are just growing  Cheesy
full member
Activity: 266
Merit: 106
Floki Robot
December 08, 2017, 08:21:17 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.

Not the only exchange anymore where this is possible. I am pretty sure Yobit, Cryptopia, Kucoin, and a few other websites (Nova but they shutting down now) have their own coin or point system. In fact they didn't even start it I don't think but they made it more popular that is for sure.
full member
Activity: 238
Merit: 100
December 08, 2017, 05:39:19 PM
Guys is it just for me or are Binance withdrawals without 2fa via google authenticator not possible anymore? I must admit I hate google authenticator and so far didnt set up 2fa on Binance. I know its silly, but I just prefer SMS authentication.

Yeah, it looks like 2FA is mandatory before withdrawing now.

SMS verification is worse security anyways.  People had their accounts robbed on Kraken because they were using SMS verification instead of Google Auth:
https://blog.kraken.com/post/219/security-advisory-mobile-phones/

FreeOTP is an open-source fork of Google Auth that works with Google 2FA, in case you don't want to trust the closed-source Google Auth app from the Google Play store:
https://en.wikipedia.org/wiki/FreeOTP

Furthermore, you can buy a cheap smartphone for the sole purpose of loading all your 2FA tokens onto it.

Thanks for the quick answer. I didnt know that sms auth wasnt secure, actually I always thought that SMS authentication was the safest method, thanks for making me aware that its not. I guess now as I have downloaded google auth again I can just stick to it. However this is actually the case with me, I dislike to use google products if Im forced to, also thanks for showing me that there was a way around it. Good idea with the second smartphone for this purpose, guess Ill use my old one for it. Cheers mate!
sr. member
Activity: 454
Merit: 300
December 08, 2017, 05:33:15 PM
Do you remember Binance's ICO price? I'm asking to make a comparison. I think he was around 10 cents. If you buy 10 cents and still hold it, it looks like a huge profit.
newbie
Activity: 17
Merit: 0
December 08, 2017, 05:22:21 PM
Guys is it just for me or are Binance withdrawals without 2fa via google authenticator not possible anymore? I must admit I hate google authenticator and so far didnt set up 2fa on Binance. I know its silly, but I just prefer SMS authentication.

Yeah, it looks like 2FA is mandatory before withdrawing now.

SMS verification is worse security anyways.  People had their accounts robbed on Kraken because they were using SMS verification instead of Google Auth:
https://blog.kraken.com/post/219/security-advisory-mobile-phones/

FreeOTP is an open-source fork of Google Auth that works with Google 2FA, in case you don't want to trust the closed-source Google Auth app from the Google Play store:
https://en.wikipedia.org/wiki/FreeOTP

Furthermore, you can buy a cheap smartphone for the sole purpose of loading all your 2FA tokens onto it.
full member
Activity: 238
Merit: 100
December 08, 2017, 04:21:44 PM
Guys is it just for me or are Binance withdrawals without 2fa via google authenticator not possible anymore? I must admit I hate google authenticator and so far didnt set up 2fa on Binance. I know its silly, but I just prefer SMS authentication.
member
Activity: 86
Merit: 10
December 08, 2017, 03:47:05 PM
Binance is a very large trading platform although it was recently established. I have done quite a lot of trading on Binance and I am very satisfied. Binance has a friendly and easy-to-view interface, secure and fast transactions.
full member
Activity: 322
Merit: 102
December 08, 2017, 03:30:02 PM
Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address

It seems Binance got lots of new users after Bittrex's changing of policy about verifying.
newbie
Activity: 17
Merit: 0
December 07, 2017, 07:52:42 PM
Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
December 07, 2017, 10:23:54 AM
Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.
member
Activity: 106
Merit: 10
December 07, 2017, 12:28:23 AM
Hi,

New to binance. I have issue with 2Fa, I am not able to bind password and secret key, I have tries several times.
Anybody had similar issue?
I opened ticket, but got generic answer Sad to open new ticket update.

Please help
full member
Activity: 172
Merit: 100
December 06, 2017, 10:42:17 PM
i use binance most since September, i am very satisfied to it once, but the APP is very busy recently, which make me can't trading in time and i suffer a big loss due to this, hope they can solve the problem asap, otherwise i will turn to other exchanges
full member
Activity: 238
Merit: 100
December 06, 2017, 07:42:04 PM
Can anyone advice me what requirments are to be met to get listed on Binance? I am very curious about this, because we are looking to place our wonderful project soon on many exchanges. Binance would be the best. Appreciate every help.

Here are some tips for listing on Binance, full tips details here https://www.linkedin.com/pulse/binance-listing-tips-changpeng-zhao and apply for listing here https://docs.google.com/forms/d/e/1FAIpQLSdVsG5lKRRW_pfak1zCU6oydw_I6k391we5BQAmjjqjNp1hAw/viewform

User Base
Show us you have a large user base, with multiple easily verifiable sources such as Alexa, Twitter, Reddit, Telegram, etc.

Product
You should have a working product or at least a prototype. Something we can download and play with. It needs to work and be impressive.

Code
If your project is not open-source, you better have a product with a constant stream of new features and releases. If your project is open-source, we like to see an active GitHub repo.

Team
When it comes to the team, we care about history more than ability. Afterall, anyone can claim they know C++, but not that many can say they worked on bitcoind as part of the core team and have the commit history to back it up. The later gets priority.

Thank you a lot for this, hopefully we will be able to meet the requirments. It will take us some more time to do so I guess, but chances are high that this can work out in the near future.
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
December 06, 2017, 02:14:43 PM
If, I get it the Binance coin is only used to pay the fees (trading, withdraw and so on..) on the exchange? + You get smaller trading fees if you buy the BNB? Corrrect?

The Binance coin (BNB) is a coin like any other coin, you can trade it just like Bitcoin.
If you hold BNB on Binance you can also use it to pay for your trading fees instead of paying for your fees using the coin you have just traded.
The current trading fee is 0.1%, but if you select to use BNB for the fee then, currently, your trading fee will be 0.05% paid in BNB.

I don't know if BNB will be used for fees when withdrawing, and I doubt it will be as the blockchain would require the transfer fee to be in the coin being withdrawn.

Binance explaination here:
https://support.binance.com/hc/en-us/articles/115000583311

Thanks for the infromation and the link is just what I needed. Smiley
sr. member
Activity: 574
Merit: 261
December 06, 2017, 02:03:33 PM
If, I get it the Binance coin is only used to pay the fees (trading, withdraw and so on..) on the exchange? + You get smaller trading fees if you buy the BNB? Corrrect?

The Binance coin (BNB) is a coin like any other coin, you can trade it just like Bitcoin.
If you hold BNB on Binance you can also use it to pay for your trading fees instead of paying for your fees using the coin you have just traded.
The current trading fee is 0.1%, but if you select to use BNB for the fee then, currently, your trading fee will be 0.05% paid in BNB.

I don't know if BNB will be used for fees when withdrawing, and I doubt it will be as the blockchain would require the transfer fee to be in the coin being withdrawn.

Binance explaination here:
https://support.binance.com/hc/en-us/articles/115000583311
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
December 06, 2017, 01:54:16 PM
If, I get it the Binance coin is only used to pay the fees (trading, withdraw and so on..) on the exchange? + You get smaller trading fees if you buy the BNB? Corrrect?
legendary
Activity: 1218
Merit: 1004
December 06, 2017, 06:27:57 AM
I think the platform is pretty smooth and good as well. The interface is very user friendly and the deposit is very fast. I just leave Bittrex they freeze my altcoin until verification. I really hope they will add more coins and more features for Technical Analyst like Bittrex. Overall I think Binance is one of the best altcoin exchange. BNB is very cheap right now, I can see Binance's price is going to go up to $ 10 in the near future.
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