Topic: Binance: $BNB The Future of Exchanges. - page 38. (Read 132085 times)

i would say that binance is one of the best exchange though there is an incident about hacking, they manage to save their customers assets.. their founder is doing his best to make his project successful, as we can see the status of binance it is the top exchange for crypto

Then what you do want to see? For sure they've been thinking for another step to get ahead with the competition but it seems they are just quite even upto now but we don't know on what they are up to.

Nothing is certain when it comes to future and its success but somewhat they are striving and doing their best to retain their current position.

BNB has clearly lost its prospects in mid-2019, and it is not much to believe that BNB will be the future of the exchanges.

that's why i have no doubts about my Holdings of BNB as i knew it will continue to grow like what the exchange is doing i am sure the ranked 9 BNb now will go top again soon.
thanks for the link mate,now we are getting much better again.BNB for future.

Hey guys, so for any beginners or newcomers to Binance and their native BNB coin we wrote this detailed guide on how to buy BNB - we hope it helps https://gocryptowise.com/how-to-buy-bnb-binance-coin-easy-to-follow-guide/.

Basically the main steps are (you could go for two different options):
1. Get a secure BNB wallet (Ledger, Trezor or Binance wallet)
2. Sign up for Binance
3. ALT #1 Buy BNB directly from Binance with a card (slightly higher fees)
4. ALT #2 Buy BTC/ETH via Coinbase (lower fees)
5. ALT #2 Send BTH/ETH to Binance and buy BNB
6. Send BNB to secure hardware wallet (Ledger or Trezor) / or use Binance's web wallet (riskier)

So nothing crazy or out of the ordinary for experienced crypto people. But for the beginners, the detailed step by step guide with images might be helpful.

Good article, does it suggest that we should buy BNB now?

Well, I have a lot of BNB in my wallet so I would not probably add more, for short term traders, probably its their chance to buy cheap but we should always remember, though this news is good for BNB but we need Bitcoin to be bullish again, it seems stuck for now.

After a while, Binance Coin is again ranked as #1 coin to watch for this week, due to the upcoming 10th BNB coin burn!

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

I remember I posted here when the parabola broke - back in June/July:



It's almost 50% down since then.

I am very much impressed by the calculations, but whether they are delivering interest in a timely manner, my suggestion doesn't compare with the banks because in cryptocurrency there is no guarantee but we have to risk our money. Binance exchange is already proven which they have delivered their interest on time without any delay.

Anyone here lend on binance and make interest?



Okay so binance lets you do this correct?  I looked at their site again and if you lend bnb... you get up to 15% annually... if its usdt... its 10%.  Can anyone here confirm this is legit?  Seems way too good?


Example imagine you had $10,000.  If you put it in a bank account or cd, at most you get 2 percent at the absolute max... more like under 1% or less or under $100 a year.  But if you buy btc with $10000 on binance and sell it for usdt... then have around $10000 usdt balance and lend it... at end of year, you will have $11000 usdt?  Can anyone confirm this?  Because the thing is usdt always seems to be pegged to the dollar so wouldn't that mean there is almost no risk?  Because then at end of year, you then sell it for btc and immediately send the btc to coinbase or bitstamp and sell it again immediately for usd... then you withdraw to bank account so that way... you are making around $1000 in 1 year on $10000?  Or is my math or logic wrong here?  The other thing is binance does not allow you to cash out directly to bank accounts right?  Or did that change as well?


Because if they offer 10%... if someone had $100,000, couldn't that person just do this and make $10000 in interest a year?  Now if usdt collapses, thats the only way you lose profit right?  But usdt seems to always stay close to or is 1 dollar?


The thing is im using the regular binance site.  But does their binance us site allow this as well or its only their nonus site?  I currently use their nonus site.

   Payak I definitely agree with you. Every over-hyped project, good term by the way, will face with correction eventually. I agree
with you that in the long-term correction doesn't hurt good projects, they will recover after that and make new top in time. But I
still think that 1$ is not a bullish momentum, and that price movement can't be a bullish momentum, it's just normal everyday volatility
that follow many new projects.

If price goes up a dollar when most of stuff is falling then it means something. It need correction as any overhyped coin does but it doesn't weaken BNB potential in the long term. I think bottom was in any it will be a steady rise for 2 or 3 years when binance continues to dominate the market with their features.

Well I think they mean the future of the exchanges such as stock markets as we have right now. If there is a great financial collapse in the future we might see those disappear and new ones pop up like binance that might be shifting in other types of financial markets as well. Binance has been growing really quick and it is one of the top exchanges that trades a wide variety of coins. Definitely my pick if I had to trade some shitcoins.

It wiill not be the future exchange as it has already exist in the market. The future exchange site just a marketing gimmick only. No more the words of the future exchange site and just hope they will exist forever in the cryptocurrency market is more than enough rather than called them all the future exchange site.
There is no IEo to be launched by binance again and it looks like binance was aware about the demand for IEO right now.

   Bullish momentum is when price jumps for a dollar? I wouldn't call that a bullish momentum, but each of us have different
perspective.
    After reaching all time high price in June this year BNB is going down. We can discuss where will be the bottom, or this
is the bottom? I believe BNB will go back up very soon, when BNB enters real bullish momentum price will reach new all times
high, which can happen next year.

BNB is not as promising as it was this spring, the price of the BNB has long fallen and it certainly will not be a future exchange!

What recovery? there's a little recovery only, and the market just bounce back a little now and we don't know if it will continue, hopefully it's not gonna be a pump and dum. If we talk about recover, sure BNB had already recover this year as the it's low this year was like $6 and compared to the current price now which is $13, it's already more than 100% of increase.

Binance Coin is still looking bearish even though the market is slowly recovering after the recent drop.

Read more:

https://coincodex.com/article/6398/binance-coin-price-analysis-sizeable-correction-for-bnb-after-downfall-in-the-past-week/

Did some clicks for you. hehe This is just a simple shill.Btw, i reported that ot post.