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Topic: Binance coin's market strategies are impressive (Read 265 times)

member
Activity: 252
Merit: 10
I agreed with OP. Ever since Binance come out with Binance coins that reward the users who trade in its exchange, it has changed the way how crypto exchanges work. I like how Kucoin share its trading fees with users who hold Kucoin share too.
It should be like that because if not then nobody will interest to use the token. The benefit should come from the exchanger to holder such as trading fee. So with this people will interest to hold the token to get benefit as token holder. So its more and more popular since many other exchanger duplicate this idea.
full member
Activity: 239
Merit: 100
Binance is an international, multi-language cryptocurrency exchange. The service raised 15 million dollars in a July 2017 Initial Coin Offering for its ERC20 BNB token. CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info as the third member of the cryptocurrency wallet’s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets. The other founder, Yi He, had also worked at OKCoin as head of branding and marketing head of the virtual currency exchange OKCoin; she had also worked at Yixia Tech.
full member
Activity: 462
Merit: 102
Binance is my first and most trusted exchange that is available today and BNB coin is a great addition on its popularity and strategy.. It’s overthrown the norms about trading coins made by other exchanges,, the developer and the marketing does the good job on promoting and making bnb a promising and one of successful coins in the market..

Anyone must consider to buy BNB its future is clear and bright..
This coin will always gradually increase, remember with only one coin to be listed on the exchange site and then binance has already generated around 5 million dollars. Man, this exchange will be easily to do buy back and burn method. The binance buy back will be running smoothly and i expect more coin to be burned.

Precisely,, an exchange with an own coin have more advantageous in nature.. The chance for them having the right strategy is higher because they can adjust whatever best suits them.. It’s like having an try and error unlimited on their own sites and coins..

I’m positive with it that’s this combination will work successfully that more exchanges will follow their path..
sr. member
Activity: 1162
Merit: 260
Binance is my first and most trusted exchange that is available today and BNB coin is a great addition on its popularity and strategy.. It’s overthrown the norms about trading coins made by other exchanges,, the developer and the marketing does the good job on promoting and making bnb a promising and one of successful coins in the market..

Anyone must consider to buy BNB its future is clear and bright..
This coin will always gradually increase, remember with only one coin to be listed on the exchange site and then binance has already generated around 5 million dollars. Man, this exchange will be easily to do buy back and burn method. The binance buy back will be running smoothly and i expect more coin to be burned.
jr. member
Activity: 406
Merit: 3
I think the more people are interested in it, the more expensive it will become.Now Binance a success.
full member
Activity: 462
Merit: 102
Binance is my first and most trusted exchange that is available today and BNB coin is a great addition on its popularity and strategy.. It’s overthrown the norms about trading coins made by other exchanges,, the developer and the marketing does the good job on promoting and making bnb a promising and one of successful coins in the market..

Anyone must consider to buy BNB its future is clear and bright..
legendary
Activity: 2982
Merit: 1028
But BNB looks like a healthy investment for the most part.
That is because BNB has delivered many times the returns of earlier investors.
Being true with their words makes them a good investment right now, the exchange performed well and the tokens are now being buy back so the earlier promise has been accomplish little by little, its really a good way of rewarding those early believers the more they kept their holdings the better value that they will take, for sure most of those early investor are rejoicing as they've got good and decent profits.
full member
Activity: 532
Merit: 114
Trust,
Innovation and
Evolution
Are the TIE breakers in any competition. Binance has moved way beyond.  
member
Activity: 196
Merit: 10
Open and Transparent Science Powered By Blockchain
But BNB looks like a healthy investment for the most part.
That is because BNB has delivered many times the returns of earlier investors.
full member
Activity: 1064
Merit: 101
Yep, they are completely dominating the crypto exchange scene, they even recently announced that they may/will soon offer the fiat option so I expect they will be even stronger in the future.
newbie
Activity: 252
Merit: 0
In recent times they are doing well .i think they takes some initiatives which works. Right now they are in the top exchange. But it is not surprising for me.
newbie
Activity: 420
Merit: 0
I think Binance coin is a very good coin and people are taking lot of interest in it.There is excellent team behind this project and they have very good market strategies like collaboration with Germany's bigger bank. Binance has very good ideas for investors.
newbie
Activity: 294
Merit: 0
Mainly Binance Coin is new in the market based on their response is so good in the market which they target they already gain that target if they do like this the people of investors will invest more amount of money based on its facilities it has good future.
member
Activity: 322
Merit: 10
Tokenize Everything - https://www.udap.io/
Binance coin is reaching new highs.

BNB is attractive to investors because Binance, the exchange, promised in its whitepaper to buy back BNB using 20% of its profits and burn them.

What makes the BNB token commercially attractive is the fact that it's used to pay trading fees on the Binance platform and rewards traders with a 50% discount for using the coin. It also powers the Binance ecosystem, while being traded on other exchanges as well.

From: Binance is spiking: what's next?

I believe it will reach 20 soon.

I wish I'd bought this coin because everything predicted its soon growth and it really happened. Nowadays I don't see the reason for purchasing it because it has the highest price and will grow just a bit then!
newbie
Activity: 224
Merit: 0
This cryptocurrency is one of the smartes project in the crypto industry and the team behind the project is doing an amazing job
sr. member
Activity: 490
Merit: 250
Binance coin is reaching new highs.

BNB is attractive to investors because Binance, the exchange, promised in its whitepaper to buy back BNB using 20% of its profits and burn them.

What makes the BNB token commercially attractive is the fact that it's used to pay trading fees on the Binance platform and rewards traders with a 50% discount for using the coin. It also powers the Binance ecosystem, while being traded on other exchanges as well.

From: Binance is spiking: what's next?

I believe it will reach 20 soon.

Very good coin and exchange! Pleasant interface and lots of currency pairs Everything is comfortable and simple in use! I guess it's the main reason that things are going well and I think the same situation will be the next year!
hero member
Activity: 1134
Merit: 517
It's really interesting to see what is going on with BNB. I would have never thought that exchange native token would be mooning like that. But after all, Binance is at the moment top exchange, so I am not that surprised. I like Binance and their token seems to fit into their ecosystem quite nicely.
Those are the kind of reward that usually follow innovations and good marketing. Binance must have assembled very credible management team, because a number of their strategies have actually paid off and brought the exchange such exponential growth in profitability, eclipsing even that of Deutsche bank -the largest bank in Germany.

https://www.ccn.com/binance-surpassed-germanys-biggest-bank-deutsche-in-profitability/

 
full member
Activity: 322
Merit: 179
This is indeed a brilliant idea by Binance to provide a win-win situation for both the exchange and traders. The exchange raised fund for development to build better features. The traders enjoy the discounted trading fees and quality trading experience.


Does binance present a bounty program? I would like to join and receive co binance.


No, Binance does not have any bounty. The only way is to buy Binance coin.
member
Activity: 188
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
Does binance present a bounty program? I would like to join and receive co binance.
sr. member
Activity: 686
Merit: 257
I agreed with OP. Ever since Binance come out with Binance coins that reward the users who trade in its exchange, it has changed the way how crypto exchanges work. I like how Kucoin share its trading fees with users who hold Kucoin share too.
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