Binance: $BNB The Future of Exchanges. - page 41.

emreunsal10

sr. member

Activity: 854

Merit: 256

Quote from: Botnake on September 27, 2019, 05:56:07 AM

Quote from: hashman on September 27, 2019, 04:10:41 AM

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.

That's why people continues to hold BNB because BNB is now dominating the IEO, it's still the most profitable exchange that issues a token for their investors. I'm not sure, but I guess they are the first to offer this kind of investment style and it really works for them and to the investors.

X150 is a huge increase already, I did not calculate anymore but form 0.1 to 15 usd now, obviously thats over x100 increase which is only achieve by good coins in the market, and I'm sure it will not just stop their, 100 usd is possible in the future.

Actually IEO's are starting to fade away.. it has started like minimum 10x from ieo price per usd at the beginning, but last ones are barely doing 2x-3x, you can check it for yourself. However still looking strong, building and moving forward, they are one of the biggest actors now, and it seems they will keep this position.

Hope next IEO's will make few x profits again.

avatar_gr

newbie

Activity: 15

Merit: 20

Anyone has "the old" Eth based BNB coins left? I want to buy them. PM me if you have any.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: hashman on September 27, 2019, 04:10:41 AM

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.

That's why people continues to hold BNB because BNB is now dominating the IEO, it's still the most profitable exchange that issues a token for their investors. I'm not sure, but I guess they are the first to offer this kind of investment style and it really works for them and to the investors.

X150 is a huge increase already, I did not calculate anymore but form 0.1 to 15 usd now, obviously thats over x100 increase which is only achieve by good coins in the market, and I'm sure it will not just stop their, 100 usd is possible in the future.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

Quote from: mich on September 26, 2019, 01:36:56 AM

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017.

https://cointelegraph.com/news/chinese-homecoming-crypto-companies-make-their-way-back-to-asia

You kind of can't blame them for this. China seems to be more free than my "free" country when it comes to this sort of thing. It seems like every week, I read something new about the United States wanting to add some more regulation when it comes to digital currencies. I can't even use a few of the exchanges I used to use a lot now. It's very annoying. Especially when you hold coins from a few years ago that are only on these exchanges.

hashman

legendary

Activity: 1264

Merit: 1008

Price of BNB came back to 6 months ago, around 15 USD now. ICO price of BNB was 0.1 USD. ICO started at 1 July 2017 and completed at 21 July 2017. Although rough price decrease in last 2 months its still 150X from ICO price. By the way last 6 months BNB holders had great advantages at launchpad. Specially BNB holders made higher profits from ERD launchpad. Almost 15X with a single ticket which was equal to 300 USD.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: mirakal on September 26, 2019, 04:47:06 PM

Quote from: moneyball on September 26, 2019, 12:59:33 PM

Wow this post is from 2017, who bought Bnb then made some nice income by now! What was Bnb ico price?

That was "1 BNB = 0.1 USD". according to https://icorating.com/ico/binance-bnb/
It means people have already profited a lot if they didn't sell until now because BNB were able to achieve a new ATH this year and could possibly surpass that by the end of the year if the altcoins rally will take place.

...and its still a good time to buy BNB specially now that the price dropped because of the market situation. BNB is one of the well managed crypto company today and they are still growing, they continue to expand and reach more traders. So if you plan to expand your portfolio, don't forget to include BNB in your list.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: moneyball on September 26, 2019, 12:59:33 PM

Wow this post is from 2017, who bought Bnb then made some nice income by now! What was Bnb ico price?

That was "1 BNB = 0.1 USD". according to https://icorating.com/ico/binance-bnb/
It means people have already profited a lot if they didn't sell until now because BNB were able to achieve a new ATH this year and could possibly surpass that by the end of the year if the altcoins rally will take place.

moneyball

member

Activity: 160

Merit: 10

Wow this post is from 2017, who bought Bnb then made some nice income by now! What was Bnb ico price?

rdbase

legendary

Activity: 2828

Merit: 1497

Join the world-leading crypto sportsbook NOW!

Another flash crash on an exchange but this time in relation to binances stablecoin.
Traders were able to get bitcoin at $1,820 with its usd pairing per coin yesterday.
https://dailyhodl.com/2019/09/25/flash-crash-crypto-traders-buy-bitcoin-btc-at-1820-using-binance-stablecoin
https://beincrypto.com/bitcoin-bought-at-1800-with-binances-unstable-stablecoin

Although these rarely happen they seem to every quarter between other major exchanges such as bittrex and poloniex.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017.

https://cointelegraph.com/news/chinese-homecoming-crypto-companies-make-their-way-back-to-asia

Kriptobt1

member

Activity: 560

Merit: 10

20 Episode Binance Podcast in which Binance Labs director Christy Choi and Vincent Niu, founder of Dapp.Review are discussing how blockchain games will affect cryptography in general and whether they will become killers

https://www.youtube.com/watch?v=drb_97Put9k

mcnocon2

member

Activity: 616

Merit: 18

📱CARTESI 📱INFRASTRUCTURE FOR DAPPS

Quote from: coininvesting1 on August 11, 2017, 01:27:45 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.

BNB might not be doing good this past few weeks but I still believe in the power of Binance exchange and its Binance Chain. Many quality projects have been migrating to binance chain just to be listed on binance dex and soon to be listed on binance cex. Its just a matter of time before we fully see that BNB will defeat ETH in terms of marketcap.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: mendra_2009 on September 20, 2019, 04:29:01 AM

The previous Binance IEO was not performing well, many people disappointed with the result. They holding so much BNB for joined IEO but what they can get is not comparable. Most of the participants profit from IEO just to cover their loss from holding BNB. This makes Binance IEO image getting worse.
Is Binance has a strategy to recover its image?

It's wrong to think that every IEO of Binance will be successful, that's being unrealistic.
There is a risk in investing because we don't know if the project will be a success or a failure, so we have to accept if things does not go on our expectation.

There are some IEO in the past that are successful and as long as Binance continues to run and IEO, that will only make the exchange to grow more.
Also, projects that does not perform well in the beginning does not mean it has no chance to grow in the long run.

mendra_2009

full member

Activity: 429

Merit: 100

The previous Binance IEO was not performing well, many people disappointed with the result. They holding so much BNB for joined IEO but what they can get is not comparable. Most of the participants profit from IEO just to cover their loss from holding BNB. This makes Binance IEO image getting worse.
Is Binance has a strategy to recover its image?

miningguru

full member

Activity: 1134

Merit: 103

Quote from: stomachgrowls on September 17, 2019, 01:45:18 PM

Quote from: jerry0 on September 17, 2019, 12:37:31 PM

So how in the world do those users even withdraw funds then if their ip address are blocked?

Okay so they didn't ask for my location when i registered binance. No wonder why i can log in without an issue. But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?

So as long as you are unverified and outside the US when you created an account, you are free to use as you please? What about users who registered from the US but visit outside the US? They can or can't access their accounts with nonUS ip address?

Based on what i had understand on such situation.No doubt that you can access your account with NonUS ip address but as you said you verified it using up US documents which im pretty sure sooner or later that account would be locked nor prohibited.Dont know why they havent done it 100% for those US users.

Yes, we shouldn't cheat the system because if they find anything that we are cheating them, definitely they will block your accounts without any intimation. So it is not a wise decision to use fake IP address because support members are watching in the back end.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October

Cryptocurrency giant Binance plans to roll out its over-the-counter (OTC) trading platform for Chinese yuan in October.

https://cointelegraph.com/news/binance-to-launch-fiat-to-crypto-otc-for-chinese-yuan-in-october

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: jerry0 on September 17, 2019, 12:37:31 PM

So how in the world do those users even withdraw funds then if their ip address are blocked?

Okay so they didn't ask for my location when i registered binance. No wonder why i can log in without an issue. But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?

So as long as you are unverified and outside the US when you created an account, you are free to use as you please? What about users who registered from the US but visit outside the US? They can or can't access their accounts with nonUS ip address?

Based on what i had understand on such situation.No doubt that you can access your account with NonUS ip address but as you said you verified it using up US documents which im pretty sure sooner or later that account would be locked nor prohibited.Dont know why they havent done it 100% for those US users.

jerry0

full member

Activity: 1750

Merit: 186

So how in the world do those users even withdraw funds then if their ip address are blocked?

Okay so they didn't ask for my location when i registered binance. No wonder why i can log in without an issue. But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?

So as long as you are unverified and outside the US when you created an account, you are free to use as you please? What about users who registered from the US but visit outside the US? They can or can't access their accounts with nonUS ip address?

JeromeTash

legendary

Activity: 2324

Merit: 1258

Heisenberg

Quote from: jerry0 on September 16, 2019, 11:20:36 PM

I opened a binance account over 1 year ago. I'm American but I'm outside the US almost all year. I did just a few trades on binance, nothing much.
As of now, US customers cannot log into binance with their US IP addresses?

Yes, US IP Addresses are blocked. this was effective from 12th/september/2019

Quote from: jerry0 on September 16, 2019, 11:20:36 PM

What about those US customers who still have coins in binance? Can they still withdraw?

Withdraw is possible. Depositing and trading is not possible

Quote from: jerry0 on September 16, 2019, 11:20:36 PM

When you register, it does ask you what country you are from right?
Did it ask you for your address? When i registered for binance last year, i don't remember if they ask me any of these questions. My account is not verified.

No they don't. It's only when you are trying to verify your account to level one

Quote from: jerry0 on September 16, 2019, 11:20:36 PM

I am outside the US at the moment and can log into binance. So i can still trade while outside the US?

Yes

Quote from: jerry0 on September 16, 2019, 11:20:36 PM

Is there a way to find out if i registered as a US customer when i created an account? I do not remember if binance ask me any of this. So is it fine keep my coins in binance still or withdraw the,?

It's only probably through your registration IP address since you have not yet verified your account as US resident. Registration IP address is not conclusive thou since some people use VPNs when registering

So sometimes if you break their terms of agreement, they may ask you to verify you account before unlocking it. This is rare but it could happen so it's better to play it safe and follow the TOAs

Binance is planning to launch a platform majorly for US Residents. Am guessing it won't have many coins and trade pairs like the main platform.
https://www.binance.com/en/blog/346119082624540672/Binance-Announces-Partnership-with-BAM-to-Launch-US-Exchange

jerry0

full member

Activity: 1750

Merit: 186

I opened a binance account over 1 year ago. I'm American but I'm outside the US almost all year. I did just a few trades on binance, nothing much.

As of now, US customers cannot log into binance with their US IP addresses? Or they still can? What about those US customers who still have coins in binance? Can they still withdraw?

When you register, it does ask you what country you are from right? Did it ask you for your address? When i registered for binance last year, i don't remember if they ask me any of these questions. My account is not verified. I am outside the US at the moment and can log into binance. So i can still trade while outside the US? Is there a way to find out if i registered as a US customer when i created an account? I do not remember if binance ask me any of this. So is it fine keep my coins in binance still or withdraw the,?

Topic: Binance: $BNB The Future of Exchanges. - page 41. (Read 131879 times)