Binance: $BNB The Future of Exchanges. - page 15.

batang_bitcoin

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Quote from: LGD2Business on March 10, 2021, 08:54:18 AM

Quote from: mich on March 10, 2021, 03:36:55 AM

Binance exchange is now live with BNB token staking and offering up to 27.49% APY

https://www.binance.com/en/support/announcement/286b2576ac3b46a7b2ab72a9dad20189

https://cryptobriefing.com/binances-bnb-staking-is-now-live-offers-up-to-27-49-apy/

That was good and sold out fast. Only 5 BNB limit for every account.

There are still better options in DeFi, such as %130 APY on CAKE stake. Probably the best one in the long run.

That percentage of APY for Cake stake is really interesting IMHO. That's a lot of profit that we can benefit from but I'm still have my doubts as what's going to happen after everyone got out and took the 130% profit with their staked coins.

Quote from: numanoid on March 10, 2021, 09:06:09 AM

Binance just got partnership with Moneygram, which has working together with Ripple before.

So this is one the reasons why Moneygram pulled out their partnership with Ripple

numanoid

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Binance just got partnership with Moneygram, which has working together with Ripple before.

Quote

Binance P2P adds MoneyGram and CashU as new payment methods
The largest global exchange, Binance, has spread the word that it has expanded its pool of payments for crypto traders in Arab countries to two more global platforms: MoneyGram and CashU.

https://u.today/moneygram-now-added-by-binance-p2p-for-crypto-trading-after-parting-ways-with-ripple

You all do know if Arab is full of rich people, don't you?

LGD2Business

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Quote from: mich on March 10, 2021, 03:36:55 AM

Binance exchange is now live with BNB token staking and offering up to 27.49% APY

https://www.binance.com/en/support/announcement/286b2576ac3b46a7b2ab72a9dad20189

https://cryptobriefing.com/binances-bnb-staking-is-now-live-offers-up-to-27-49-apy/

That was good and sold out fast. Only 5 BNB limit for every account.

There are still better options in DeFi, such as %130 APY on CAKE stake. Probably the best one in the long run.

leea-1334

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Hmm mich that is new! 27% APY sounds way too good to resist if it is really on their own staking platform. Anyone know why this amount can be reached? I mean even ETH staking at some point promised 20% but eventually when target was reached it was still more like 6% APY anyway.

All these numbers just making me so dizzy!

mich

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Binance exchange is now live with BNB token staking and offering up to 27.49% APY

https://www.binance.com/en/support/announcement/286b2576ac3b46a7b2ab72a9dad20189

https://cryptobriefing.com/binances-bnb-staking-is-now-live-offers-up-to-27-49-apy/

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Quote from: slaman29 on March 05, 2021, 05:56:22 AM

Quote from: mich on March 04, 2021, 05:18:54 AM

BNB coin is currently priced point at $245 after it was priced at more than $300 earlier this week.

This Bullish article says we could see a price of $500 for the coin- https://www.newsbtc.com/news/binance-coin/binance-coin-bnb-bull-run-analyst-makes-case-for-500/

But that means a x2 value now for BNB. At some point it looks far more certain to happen than for ETH to hit x2 (which would be $3000) or BTC to hit x2 (which would be $100,000), but you just never really can tell with crypto, can you?

See the thread title about BNB, is it still about the future of exchanges you think?

We can never tell but we know that price will not hit that high easily, there's a bull run and there's always a correction.
The problem with some of us is we are too easy to believe that the bull run will not stop despite witnessing what has happened in the past.

When are we going to learn?

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Quote from: mich on March 04, 2021, 05:18:54 AM

BNB coin is currently priced point at $245 after it was priced at more than $300 earlier this week.

This Bullish article says we could see a price of $500 for the coin- https://www.newsbtc.com/news/binance-coin/binance-coin-bnb-bull-run-analyst-makes-case-for-500/

But that means a x2 value now for BNB. At some point it looks far more certain to happen than for ETH to hit x2 (which would be $3000) or BTC to hit x2 (which would be $100,000), but you just never really can tell with crypto, can you?

See the thread title about BNB, is it still about the future of exchanges you think?

avarnet

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I think it's complete if Binance is going to be a new pioneer in cryptocurrency. Starting from the Exchange. Blockchain Network. Exchange Dex. So that building an ecosystem in the BSC network for 8 months gives us an opinion that indeed BNB will be able to compete with ETH in the next 2-5 years. This is a real thing and you shouldn't invest in BNB. The price of 1000 $ soon will be reached

lifeOK

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Quote from: manok jepang on February 21, 2021, 11:41:32 AM

Yes, I agree with you, that BNB will be the future of cryptocurrency exchange, because BNB is very much in demand by investors and is very salable in the market, but what I worry about is that BNB transaction costs have also increased due to a high BNB increase, with high transaction costs , I believe this can affect BNB's future growth,

This is actually normal. increasing demand from BNB plus transactions in BSC which also increased made prices rise. If we look at the price, BNB's increase is more than 500%. I think the Transaction is still normal for now if we compare it to Ethereum which in terms of current transaction fees is so expensive. You can compare yourself how much BNB and ETH transaction fees

It's BNB and it will pump. Binance chain was recently released, soon it's going to replace ether. DeFi ecosystem migrate to binance as much less fees than ethereum. There are many reason basically why BNB is exploding.

LGD2Business

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Quote from: mich on March 04, 2021, 05:18:54 AM

This Bullish article says we could see a price of $500 for the coin

After another accumulation phase why not? If Binance performs this well it's very possible in a couple of months, if not weeks. We are still in a nice bull trend.

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BNB coin is currently priced point at $245 after it was priced at more than $300 earlier this week.

This Bullish article says we could see a price of $500 for the coin- https://www.newsbtc.com/news/binance-coin/binance-coin-bnb-bull-run-analyst-makes-case-for-500/

mich

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Binance has made a investment with crypto hedge fund Multicoin Capital.

https://multicoin.capital/

elisabetheva

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Quote from: numanoid on February 27, 2021, 07:50:54 PM

Binance has became an exhange site since 2017, what are you looking for ? They even became a biggest exchange site for crypto either since from 2018 or 2019, just a year or 2 year since it launched. Binance Smart chain is offering much lower fee than ETH chain, while you can pay $0.5 - $1 in Binance smart chain, you must pay multiple times when you using ETH chain

Yes, my friend, the current problem is that the enormous gas fees that ethereum users have complained about, obviously this will bring consequences for people looking for alternatives that can be profitable. What you have said about Binance Exchanger is very true, now there are alternatives that can be done and of course it helps a lot of people whose income is indeed small.

I agree that Binance is the best exchanger right now because it always provides the latest innovations that can make users only need to complete all transactions on the exchanger until it's finished. I hope Binance doesn't forget to provide the best for its users with more familiar changes.

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Quote from: illete on February 28, 2021, 01:10:59 PM

We miss the BNB party but still have potential to hit moon in long run,From $0.5 to around $200 BNB face many challenges,But currently it have recognition among the traders globally because of volatility.Still many benefit to HODL BNB on exchange and when you meet the expected proce just cash out.Patience neeeded if really want to maximum benefit from the BNB.

BNB's price will increase more, the way the project is proving things out, we can tell that it has a great future and it has already gained the support of the people. It has hit in the top 3 in the market per CMC, that's definitely the biggest achievement of BNB by far this year, and if the market will continue to be bullish, we can expect more uptrend, that's given already.

illete

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We miss the BNB party but still have potential to hit moon in long run,From $0.5 to around $200 BNB face many challenges,But currently it have recognition among the traders globally because of volatility.Still many benefit to HODL BNB on exchange and when you meet the expected proce just cash out.Patience neeeded if really want to maximum benefit from the BNB.

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Quote from: numanoid on February 27, 2021, 07:50:54 PM

Quote from: susuberuang on February 27, 2021, 11:57:47 AM

Yes, I do agree that Binance will become an exchange in the future because the growth of this altcoin is extraordinary, so, it is not surprising that many other projects have joined BNB, as we know today many people are complaining about the exorbitant fees transacting using ETH , although currently etherem is the best altcoin in crypto, hopefully this will not happen to BNB,

Binance has became an exhange site since 2017, what are you looking for ? They even became a biggest exchange site for crypto either since from 2018 or 2019, just a year or 2 year since it launched. Binance Smart chain is offering much lower fee than ETH chain, while you can pay $0.5 - $1 in Binance smart chain, you must pay multiple times when you using ETH chain

Exactly, that's why we can't blame investors putting their money in Binance project as well. Ether's problem is only its network, just like before, the fees are high because the demand has increase and unfortunately until now they have not implement anything to solve the problem.

numanoid

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Quote from: susuberuang on February 27, 2021, 11:57:47 AM

Yes, I do agree that Binance will become an exchange in the future because the growth of this altcoin is extraordinary, so, it is not surprising that many other projects have joined BNB, as we know today many people are complaining about the exorbitant fees transacting using ETH , although currently etherem is the best altcoin in crypto, hopefully this will not happen to BNB,

Binance has became an exhange site since 2017, what are you looking for ? They even became a biggest exchange site for crypto either since from 2018 or 2019, just a year or 2 year since it launched. Binance Smart chain is offering much lower fee than ETH chain, while you can pay $0.5 - $1 in Binance smart chain, you must pay multiple times when you using ETH chain

susuberuang

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Yes, I do agree that Binance will become an exchange in the future because the growth of this altcoin is extraordinary, so, it is not surprising that many other projects have joined BNB, as we know today many people are complaining about the exorbitant fees transacting using ETH , although currently etherem is the best altcoin in crypto, hopefully this will not happen to BNB,

Henrobakkara

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Quote from: ChromaticStar on February 24, 2021, 12:21:31 AM

I have some ERC-20 BNB tokens I bought back in 2017. I can't trade them in on Binance.US. Does anyone know if it's easy to trade them in on Binance International? Could I easily create an account with a VPN and do it? Would anyone be willing to do an OTC trade if necessary?

yes you can easily trade on binance international using a VPN, because I also trade using a VPN, my country is really bad because it blocks Binance website

mich

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BNB token momentum has slowing down like the other coins. But still it is the number 4 coin for market cap and price of $215 currently.
Here is a bullish article about BNB0 https://www.newsbtc.com/analysis/bnb/binance-coin-bnb-steadies-above-200/

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