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Topic: Binance: $BNB The Future of Exchanges. - page 187. (Read 132065 times)

member
Activity: 67
Merit: 10
August 24, 2017, 04:37:21 PM
I wouldn't worry look at the order book and see there are very minimal buy orders at the price people want which is good.
newbie
Activity: 2
Merit: 0
August 24, 2017, 04:33:39 PM
Price dropping desperately -.-
Kinda worried now..
2.29$
full member
Activity: 308
Merit: 102
August 24, 2017, 11:23:39 AM
Many who bought low, are selling now. nevertheless the price is holding up. Thats a very good sign. If the early buyers wouldnt sell (duh) it would be over $4 by now. And the thing is, when fees get implemented people WILL buy BNB. So, its a nobrainer to not step in if u ask me.  IF and IF the platform will remain its position and may even climb, which isnt far out the realm of possibilities, BNB will climb steadily.

At least thats how i see it.

Correct me if im wrong.
newbie
Activity: 35
Merit: 0
August 24, 2017, 10:08:14 AM
Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!

Also noticed that. Looks like someone desperately try to push down price, maybe for some huge buy and then pump back. But you never know for sure of course. So, still waiting whats happening. While waiting, there are other good things like HSR.
member
Activity: 173
Merit: 12
August 24, 2017, 08:10:16 AM
BNB is starting to drop down pretty quick. Hopefully sold half of them at good price, no just need to find bottom, to buy more Smiley



Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!

See my "Binance B.S." post. Wonder if this is related.
newbie
Activity: 48
Merit: 0
August 24, 2017, 05:18:51 AM
BNB is starting to drop down pretty quick. Hopefully sold half of them at good price, no just need to find bottom, to buy more Smiley



Some really dodgy bot-trading there. purchases of 10bnb every 10 satoshi in between every legit sale plummeting the value down. careful folks!
newbie
Activity: 35
Merit: 0
August 24, 2017, 04:09:30 AM
BNB is starting to drop down pretty quick. Hopefully sold half of them at good price, no just need to find bottom, to buy more Smiley

full member
Activity: 131
Merit: 100
August 24, 2017, 03:31:09 AM
is this a good news or bad news for BNB
sr. member
Activity: 506
Merit: 250
August 24, 2017, 02:55:29 AM
Do I understand it right. I have 50$ fees, use one BNB and now have just to pay 25$.
Does it work like a 50% off coupon?

And is it really useful? I mean Kraken has also a fee token and I am not sure who use it.
Yes you get 50% off fees, but according to your example using One BNB for 25$ discount would only be when 1 BNB is equal to 50$ which i dont think is going to happen soon or ever at all, so to get that 25$ worth of discount at the current price of 2.55$ per BNB you will be needing about 19.6 BNB!

You can turn on/off the button for “using BNB to pay for fees” in the user center.
sr. member
Activity: 1216
Merit: 333
August 24, 2017, 02:48:44 AM
Do you have an account on Binance.com?

If you have one you will see how easy the use of the BNB token is.

With each purchase you can choose the method you want to use to pay your fees.

Very simple and incentive.

But for me it's just an asset among others.
sr. member
Activity: 506
Merit: 250
August 24, 2017, 02:47:41 AM
Free trading fees have been extended to 27th August.
The miscommunication about Free trading fees end date has been resolved now,
Binance will charge trading fees from 0:00 August 25 (Friday, Beijing Time).
The rate of trading fee is 0.1%. If you chose “using BNB to pay for fees”, you will get a 50% discount.

Sourc: https://binance.zendesk.com/hc/en-us/articles/115001258291
full member
Activity: 145
Merit: 100
★ WORLDCORE ★
August 24, 2017, 02:40:37 AM
Do I understand it right. I have 50$ fees, use one BNB and now have just to pay 25$.
Does it work like a 50% off coupon?

And is it really useful? I mean Kraken has also a fee token and I am not sure who use it.
sr. member
Activity: 1216
Merit: 333
August 24, 2017, 02:28:09 AM
No BINANCE must be a decentralized exchange in a few months.

Today the BNBs are used to pay less fees (-50%) than if you do not use BNB to pay your fees.

So there is more volume and more people will use BNB to pay the minimum fees, and therefore buy a lot of BNB .. Roll Eyes
member
Activity: 85
Merit: 10
August 23, 2017, 11:13:27 PM
Will this be released on bittrex or polo? And any idea when?

I highly doubt it, why would an exchange create there very own coin and then let it be traded on other exchanges.

Binance would would want people to come to their own exchange to purchase BNB..
full member
Activity: 190
Merit: 100
August 23, 2017, 10:55:45 PM
Will this be released on bittrex or polo? And any idea when?
hero member
Activity: 669
Merit: 520
August 23, 2017, 09:44:22 PM
Looks like I caught the top at 67k satoshies....

that's because of their tron / bnb ico session.

it could go up even further, but they need to take steps, to make users happy. limit for icos should be applied.
hero member
Activity: 1050
Merit: 508
August 23, 2017, 07:23:30 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.

This is going to be bigger someday. The chinese are really playing a big role here considering that the market in china is very large. Binance exchange is already listing some coins that have prospects themselves. I have noticed Monaco as well as Dent are already listed in Binance Exchange.
member
Activity: 173
Merit: 12
August 23, 2017, 07:06:17 PM
I'm going to try for the ETH -> TRON tomorrow. Hope it goes better. Otherwise, likely just going to sell and move on.
full member
Activity: 308
Merit: 102
August 23, 2017, 04:58:25 PM
is it too late to get into this?

I bought in higher couple days ago. It was close to $3 today, so there might be a bottom price right now. But look for urself.  
newbie
Activity: 30
Merit: 0
August 23, 2017, 03:25:45 PM
Free trading fees have been extended to 27th August.
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