Binance: $BNB The Future of Exchanges. - page 78.

Call_Me_Bambi

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Quote from: coins4meh on August 18, 2018, 06:39:22 AM

Quote from: george_crypto on August 17, 2018, 03:42:19 AM

Quote from: Call_Me_Bambi on August 16, 2018, 03:29:20 PM

Will Binance move to the new Monthly NPXS Token Unlock Program after 1st September 2018 or will it stay on the current system, until further notice ?

NPXS say to start keeping NPXS in your ERC 20 wallet, but which wallet is the best for this (other than MEW).
https://medium.com/pundix/the-new-npxs-monthly-unlocked-token-mechanism-will-start-in-september-2018-35661e43c9d9

Haven't heard anything from Binance, but I'll withdraw to my wallet before end of the month.

I read the article again and it clearly stated that 31.August will be the final snapshot where exchanges are supported, so sooner or later you will have to move them to you ERC-20 wallet anyway. Anyone know how much % is the airdrop, I heard 7% of your overall token but that seems very high. Wonder how long they can sustain that...

I think the article implies that exchanges will use the 'old' system to distribute the NPXS interest (which is curently around 7%) after 1st September, but the distributed amount may not be what you expected.
From the article "Keeping NPXS in an exchange cannot guarantee you to receive the proper amount of the monthly unlocked tokens as described above due to technical limitations when executing the new mechanism."

I think moving NPXS to an ERC20 wallet is the safest option.

CandyIzDelicious

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I really applaud the binance exchange they only need a few months to become the top 1 biggest exchanger in the world. I believe binance will continue to grow rapidly

JollyGood

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Quote from: Skyizz on August 18, 2018, 02:35:08 AM

I believe in the BNB exchange token, its price will grow, as the number of users of the exchange grows every day. Plus they burn their own tokens every quarter.

So why do they create them if only to burn them? The tokens can only be used in their own exchange they are useless.

coins4meh

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Quote from: george_crypto on August 17, 2018, 03:42:19 AM

Quote from: Call_Me_Bambi on August 16, 2018, 03:29:20 PM

Will Binance move to the new Monthly NPXS Token Unlock Program after 1st September 2018 or will it stay on the current system, until further notice ?

NPXS say to start keeping NPXS in your ERC 20 wallet, but which wallet is the best for this (other than MEW).
https://medium.com/pundix/the-new-npxs-monthly-unlocked-token-mechanism-will-start-in-september-2018-35661e43c9d9

Haven't heard anything from Binance, but I'll withdraw to my wallet before end of the month.

I read the article again and it clearly stated that 31.August will be the final snapshot where exchanges are supported, so sooner or later you will have to move them to you ERC-20 wallet anyway. Anyone know how much % is the airdrop, I heard 7% of your overall token but that seems very high. Wonder how long they can sustain that...

Skyizz

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I believe in the BNB exchange token, its price will grow, as the number of users of the exchange grows every day. Plus they burn their own tokens every quarter.

coins4meh

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Quote from: Call_Me_Bambi on August 16, 2018, 03:29:20 PM

Will Binance move to the new Monthly NPXS Token Unlock Program after 1st September 2018 or will it stay on the current system, until further notice ?

NPXS say to start keeping NPXS in your ERC 20 wallet, but which wallet is the best for this (other than MEW).
https://medium.com/pundix/the-new-npxs-monthly-unlocked-token-mechanism-will-start-in-september-2018-35661e43c9d9

Are you referring to the Airdrops you receive if you hold NPXS in your ERC-20 wallet? Is Binance planning to grant those airdrops if you keep NPXS on the exchange? Sounds similar to the case of NEO where you earn Gas even if you hold it at certain exchanges.

JollyGood

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Quote from: Bytem3 on August 17, 2018, 06:01:47 AM

Binance is going to add fiat-crypto trading pairs!

https://coincodex.com/article/2193/binance-partners-with-lcx-to-build-a-fiat-to-crypto-exchange-in-liechtenstein/

Doing that in Liechtenstein is hardly impressive. Try doing it in the US or UK, Germany, France, Spain or Italy then that might be worth celebrating.

I am not impressed with Binance.

Bytem3

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Binance is going to add fiat-crypto trading pairs!

https://coincodex.com/article/2193/binance-partners-with-lcx-to-build-a-fiat-to-crypto-exchange-in-liechtenstein/

george_crypto

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Quote from: Call_Me_Bambi on August 16, 2018, 03:29:20 PM

Will Binance move to the new Monthly NPXS Token Unlock Program after 1st September 2018 or will it stay on the current system, until further notice ?

NPXS say to start keeping NPXS in your ERC 20 wallet, but which wallet is the best for this (other than MEW).
https://medium.com/pundix/the-new-npxs-monthly-unlocked-token-mechanism-will-start-in-september-2018-35661e43c9d9

Haven't heard anything from Binance, but I'll withdraw to my wallet before end of the month.

Call_Me_Bambi

sr. member

Activity: 574

Merit: 261

Will Binance move to the new Monthly NPXS Token Unlock Program after 1st September 2018 or will it stay on the current system, until further notice ?

NPXS say to start keeping NPXS in your ERC 20 wallet, but which wallet is the best for this (other than MEW).
https://medium.com/pundix/the-new-npxs-monthly-unlocked-token-mechanism-will-start-in-september-2018-35661e43c9d9

george_crypto

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Quote from: iceblasto on August 15, 2018, 01:15:47 PM

Quote from: JollyGood on August 15, 2018, 12:43:52 PM

Quote from: MiBambino on August 15, 2018, 11:51:28 AM

they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.

To be fair they have a fairly good reputation unlike so many exchanges out there and you are right they are one of the safest exchanges and they have some of the highest volumes. I agree.

About the token, I think they need to innovate or add some caveats otherwise the token will not appeal to non-Binance users.

there is one momentum where the new coin list in binance actually ends up with a price drop, very different from the list of coins that go into poloniex or even bittrex where the volume increases in proportion to the price movement in a positive direction, there needs to be an update of the binance where they must actually see new coins / tokens before listing and voting that are not only based on hype.

As I can follow they didn't add new coins in this month. But there should be community voting soon.

iceblasto

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Quote from: JollyGood on August 15, 2018, 12:43:52 PM

Quote from: MiBambino on August 15, 2018, 11:51:28 AM

they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.

To be fair they have a fairly good reputation unlike so many exchanges out there and you are right they are one of the safest exchanges and they have some of the highest volumes. I agree.

About the token, I think they need to innovate or add some caveats otherwise the token will not appeal to non-Binance users.

there is one momentum where the new coin list in binance actually ends up with a price drop, very different from the list of coins that go into poloniex or even bittrex where the volume increases in proportion to the price movement in a positive direction, there needs to be an update of the binance where they must actually see new coins / tokens before listing and voting that are not only based on hype.

JollyGood

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Quote from: MiBambino on August 15, 2018, 11:51:28 AM

they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.

To be fair they have a fairly good reputation unlike so many exchanges out there and you are right they are one of the safest exchanges and they have some of the highest volumes. I agree.

About the token, I think they need to innovate or add some caveats otherwise the token will not appeal to non-Binance users.

Red_Evil

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Quote from: MiBambino on August 15, 2018, 11:51:28 AM

Quote from: JollyGood on August 15, 2018, 06:25:51 AM

Quote from: MiBambino on August 15, 2018, 05:40:00 AM

right, and bitcoin doesnt have a future because it is specific to the internet. Not everybody uses the internet. Look man, binance is the biggest exchange in the world, and still growing rapidly. Its just a matter of time before the market goes back up and then bnb will go up with it

Binance and BNB, what is the value of the token if the website exchnage fails or has coins stolen? The price of the token is over inflated and Binance is over-rated

they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.

each exchange has its own advantages. there is no need to compare between exchanges, because any trader is certainly not only trading in one exchange place.
i try all exchange to find best coins to arbittrading Grin

Hc01

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Binance is doing great job from one year, they are not doing any mistake according to me, if something happen like hack they are solving very fastly and doing their job good, people like them because of these reasons.

MiBambino

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: JollyGood on August 15, 2018, 06:25:51 AM

Quote from: MiBambino on August 15, 2018, 05:40:00 AM

right, and bitcoin doesnt have a future because it is specific to the internet. Not everybody uses the internet. Look man, binance is the biggest exchange in the world, and still growing rapidly. Its just a matter of time before the market goes back up and then bnb will go up with it

Binance and BNB, what is the value of the token if the website exchnage fails or has coins stolen? The price of the token is over inflated and Binance is over-rated

they're still the safest exchange on the market, with some of the highest volumes and the best coins to trade. Not only that but their customer service is lightyears ahead of bittrex, poloniex, liqui, ... Look at the end of the day, whatever you choose as your favorite exchange depends on what you find important. You do you, i do me.

JollyGood

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Activity: 2534

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Top Crypto Casino

Quote from: MiBambino on August 15, 2018, 05:40:00 AM

right, and bitcoin doesnt have a future because it is specific to the internet. Not everybody uses the internet. Look man, binance is the biggest exchange in the world, and still growing rapidly. Its just a matter of time before the market goes back up and then bnb will go up with it

Binance and BNB, what is the value of the token if the website exchnage fails or has coins stolen? The price of the token is over inflated and Binance is over-rated

MiBambino

sr. member

Activity: 644

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: JollyGood on August 14, 2018, 05:50:33 PM

Quote from: KocaEfe on August 14, 2018, 04:33:05 PM

I believe this coin has a great future. It is in a short period of falling market began to grow up and this is great news. It seems to me that soon the coin will cost $ 5 and $ 10/ so I recommend to keep it in your portfolio

This coin has no future because it is specific to the Binance exchange. Not everybody uses Binance.

right, and bitcoin doesnt have a future because it is specific to the internet. Not everybody uses the internet. Look man, binance is the biggest exchange in the world, and still growing rapidly. Its just a matter of time before the market goes back up and then bnb will go up with it

JollyGood

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Activity: 2534

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Quote from: KocaEfe on August 14, 2018, 04:33:05 PM

I believe this coin has a great future. It is in a short period of falling market began to grow up and this is great news. It seems to me that soon the coin will cost $ 5 and $ 10/ so I recommend to keep it in your portfolio

This coin has no future because it is specific to the Binance exchange. Not everybody uses Binance.

JMX64

newbie

Activity: 34

Merit: 0

Great coin also becaise it's used for transaction with half fees on wonderfull binnance so it's pretty often use and sometime keept
Should be stable and good to have in a wallet

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