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Topic: Binance: $BNB The Future of Exchanges. - page 85. (Read 131879 times)

copper member
Activity: 269
Merit: 0
BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!
Yes you are right. But how can they guarantee that their exchange is safe from hackers because just a few months back Binance shut down their operation due to hacking incident.
member
Activity: 154
Merit: 10
OPEN GAMING PLATFORM
Not absolutely so, there is a set of the exchanges and these exchanges have own coins. Plus to everything the Binans exchange constantly encourages those who often trade or hold the coins that does this coin more attractive.
hero member
Activity: 882
Merit: 548
This quarter we will burn 2,528,767 BNB (roughly $32,700,000 USD), up from 2,220,314 BNB last quarter (roughly $30,000,000 USD at the time). Again, some random recap.

The overall market (BTC) remains relatively flat, with a slight drop in price compared to last quarter, but Binance was still able to pull in decent earnings. This is the highest number of BNBs we have burned in a quarter so far. This is a result of the strong support from our community, you, and hard work by the team, including our Angels. Thank you so much!  
  More information:  https://www.linkedin.com/pulse/binance-q4-recap-changpeng-zhao/?published=t     https://twitter.com/cz_binance/status/1019293847849873408
 P.S. Great News but the price of BNB did not rise  Undecided
                           
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
This coin, which made the exchange binance
they have a lot of coins that you can buy for BNB coins

I really like the BNB coin, it is more stable than bitcoin, and does not depend on its rate
BNB is much cheaper and well suited to small traders
Also, you can speculate with this coin, there are a few examples if you are interested  http://www.insiderport.com


Did the Binance team have an ICO to open the exchange?

Why buy with BNB when there is ETH/BTC etc?

newbie
Activity: 51
Merit: 0
How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
This coin, which made the exchange binance
they have a lot of coins that you can buy for BNB coins
I really like the BNB coin, it is more stable than bitcoin, and does not depend on its rate
BNB is much cheaper and well suited to small traders
Also, you can speculate with this coin, there are a few examples if you are interested  http://www.insiderport.com
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
hero member
Activity: 742
Merit: 505
BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future
Holding BNB token will give you many advantages. Some of them are, you can use some of your BNB as withdrawal fee (up to 50% less than other currency), and you can also vote new token and it the result will be calculated from how many BNB token you have.
full member
Activity: 406
Merit: 102
BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future


They can go up and down. But if they can keep having this share among the markets and the market volume goes high which is my expectation things can be much bigger.
sr. member
Activity: 1377
Merit: 268
BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future
hero member
Activity: 714
Merit: 500
BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!
full member
Activity: 434
Merit: 100
Binance is the best exchange to date and what the team of this project has done is amazing. I think it has a great future.
member
Activity: 161
Merit: 10
Binance is the future! The platform has the nicest interface of all exchanges and is really working good. So far I experienced no problems at all. I guess I am in love!
I also loved the discounts of BNB coin for 50% and they also reach out to there community very well despite of hacks they always protect the users funds as well.
BNB coin also had an uptrend value since it was released Smiley another good news in binance is that they will be having a decentralized exchange by the use of BNB coins you can also get discounts
newbie
Activity: 85
Merit: 0
"Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining."

Decentralized Exchange

In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.
newbie
Activity: 70
Merit: 0
Binance recently seems to be newcomers to emerging exchanges like Coinben, BitZ, .. New exchange with unique policies are gaining significant market share. But I still believe in the future of BNB.
full member
Activity: 378
Merit: 102
Looks like the next token burn is on-time! Congratulations to the team at binance for a great coin.
newbie
Activity: 126
Merit: 0
I find Houbi exchange is a good idea as launch platform Houbichain, and then exchange allows trading currency in fiat currency. It can be seen that the competition between the exchanges is increasingly fierce and I think Houbi will be one of the big ones in this game.
member
Activity: 294
Merit: 10
It can be said that binance is a very popular exchange, even binance has a very representative office, and with the support of a very diverse team I am sure that BNB will skyrocket.
Yes you are right with that and every quarter token burn of BNB which are really good that's why a lot of people holding it right now and for sure once market get bulls again BNB will go to the moon for sure.
member
Activity: 182
Merit: 10
Cross-Border Blockchain Real Estate Marketplace
Best exchange ever, ive had a few slight problems but the team has been highly supportive, even after the problems had been solved they remained attentive
full member
Activity: 840
Merit: 100
I really like the binance exchange, because I consider it to be the most reliable and convenient exchange. Besides, I like the BNB coin because it looks very interesting and attractive.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
I have a verified account at binance but im less active as i have less time to keep watching the markets on my pc or laptop all the time so can anyone review about their smartphone app, is it safe and smooth for trading?
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