Topic: BNB (Binance) token! - page 2. (Read 491 times)
Had always thought of BNB as just an exchange coin without obvious usefulness aside its being a tool for the Binance exchange and if anything happens to Binance exchange, just like some exchanges go under, the coin will become useless. However for traders on Binance exchange especially, it is among coins to hold
There is no investment with out risk. It could be strategic or external. But you have well analysed bnb coin to be a coin to hold. They went ahead to propose giving out the trading fee they make to charity. They are really going big.
You are right, binance is already grown big as a company and bnb token is definitely undervalued although it is performing better than other exchange based tokens but still it has huge potential to grow, i personally expect bnb to be the first exchange based token to reach 3 figure value.
Binans have done everything so well that the success of this coin is guaranteed in any case, but there is no limit to growth. there will always be a great demand for this coin, and if it is introduced into the world to pay for various services, it will immediately fly to the moon
Very good exchange ! I heard it's launching a decentralized exchange ! I think it will attract even more investment in the exchange ! It will also strengthen the position of the coin !
It is very good that such a topic appeared in this thread, because I think that this way it only turns out to increase the popularity of this token, I think that today they are more serious about this project.
You are right, binance is already grown big as a company and bnb token is definitely undervalued although it is performing better than other exchange based tokens but still it has huge potential to grow, i personally expect bnb to be the first exchange based token to reach 3 figure value.
I agree with you, token bnb is one of the best tokens in the field. and I see token bnb has a very large trading volume. only less than 1 year, bnb is already in the best top100 altcoin. 
Crypto traders will always be there. And they will become more and more. Therefore, the demand for BNB will grow.
Binance coin is really important and effective to invest it because It has a lot of advantages like it was created by Binance change that is bigest exchange in now so If you wanna invest some money, you can pick the Binance coin to gain really good profit.
I agree only in part that crypto exchanges - interesting and mostly profit business, BUT concerning BINANCE there were too much negative info and scandals last time (like price and conditions for listings on Binance and fraud with CyClean), also many competitors just waiting when "Akella will missed" (aka Binance) =)
IMO, BNB is a good investment. Binance is the top crypto exchange and it use its profit to buy back BNB and burn the coin. In the future, BNB price will be going to be more expensive when supply is lesser.
Mates, let’s discuss about the BNB token and Binance itself! I can say with confidence that this token is underestimated! There’re too many discussions of Ethereum, but nobody says a word about Binance. From my point of view, this is one of those coins which are begging: “Buy me! You want me to appear in your portfolio!”
As a matter of fact, it often comes to me that it’s better to sell a part of my altcoins, which haven’t brought profit for more than a year and make BNB the second largest token in my portfolio. That’s because the exchange is dynamically developing. There’s a lot of positive news, such as:
«Binance invest $2,5 million in the payment startup TravelbyBit»
or: “the blockchain-incubator Binance Labs has invested several million dollars in Contenos, a decentralized project on the development of the digital content” (Yeah, Binance has its own blockchain-incubator!)
And it ends with the serious news that Binance is planning to open some branch offices on each continent and going to make cryptocurrencies accessible to the general public. And yes, everybody knows Binance is the number one in cryptocurrency trading, and they actively burn their tokens. Now 1 BNB costs 10 USD, and there’ll be another burn of tokens at the end of October, which will lead to the rise of the BNB price.
Why does everybody keep silent? Why don’t people discuss Binance and don’t give others the advice to buy those coins?
That’s a guaranteed profit without risk! What do you think about it?
As a matter of fact, it often comes to me that it’s better to sell a part of my altcoins, which haven’t brought profit for more than a year and make BNB the second largest token in my portfolio. That’s because the exchange is dynamically developing. There’s a lot of positive news, such as:
«Binance invest $2,5 million in the payment startup TravelbyBit»
or: “the blockchain-incubator Binance Labs has invested several million dollars in Contenos, a decentralized project on the development of the digital content” (Yeah, Binance has its own blockchain-incubator!)
And it ends with the serious news that Binance is planning to open some branch offices on each continent and going to make cryptocurrencies accessible to the general public. And yes, everybody knows Binance is the number one in cryptocurrency trading, and they actively burn their tokens. Now 1 BNB costs 10 USD, and there’ll be another burn of tokens at the end of October, which will lead to the rise of the BNB price.
Why does everybody keep silent? Why don’t people discuss Binance and don’t give others the advice to buy those coins?
That’s a guaranteed profit without risk! What do you think about it?
Nice eye opener to BNB, I believe some people might be scared of what will happen to their investment if something went wrong with the Exchange.
Most of us still find our way back to BTC and ETH because are save with those.
BNB is worth the risk and will give good return of investment.
Will bag some.
Mates, let’s discuss about the BNB token and Binance itself!
...
Why does everybody keep silent? Why don’t people discuss Binance and don’t give others the advice to buy those coins?
That’s a guaranteed profit without risk! What do you think about it?
...
Why does everybody keep silent? Why don’t people discuss Binance and don’t give others the advice to buy those coins?
That’s a guaranteed profit without risk! What do you think about it?
I guess the main reason is that we are here on Bitcoin forum and discuss BTC itself and altcoins, cryptocurrencies in one word.
As I understand BNB is not type of cryptocurrency(correct me if I am wrong). Of course this is type of asset, which you can buy on altcoin exchange by the way, what is comfortable, but it is not crypto. Maybe that's why it causes not much interest here
Here's the tough part, Binance are working on decentralised P2P exchange, scheduled launched in 2019 (so not very far away):
https://www.ccn.com/how-binance-decentralized-crypto-exchange-beta-launch-in-2019-will-impact-the-market/
BNB tokens are to be used as "native gas". Now, until they make it clear how the fees (in BNB) will be set for placing and executing orders, it's impossible to estimate future demand and therefore the price of BNB.
I already have some BNB tokens, but like you say DeltaX looks like I will buy some more. I think most of the exchanges
today will grow a lot, it`s a big interest now, and I assume that interest will rise as more people are joining.
Binance is not the only exchange with token. There are others too and I have some tokens from each of them. Binance
is the leading exchange, it would be good to have more of those tokens for the future. Nice explanation why we need to
have it, thanks a lot Pawel7777 for this nice words.
I think bnb is a great token to have, and I have some on my portofolio, honestly you can't go wrong with exchange token like this as they are profitable as long as the exchange keep growing. I bought mine last year when binance is still new and I make quite a lot of money from that, I also have other exchange token like kushare and coss although it's not as profitable as bnb token, their value will keep increasing as exchange is very important in crypto.
I think it's a great token that has held it's worth very well during this bear market we've been in. Also the platform itself is developing greatly
Here's the tough part, Binance are working on decentralised P2P exchange, scheduled launched in 2019 (so not very far away):
https://www.ccn.com/how-binance-decentralized-crypto-exchange-beta-launch-in-2019-will-impact-the-market/
BNB tokens are to be used as "native gas". Now, until they make it clear how the fees (in BNB) will be set for placing and executing orders, it's impossible to estimate future demand and therefore the price of BNB.
At the moment, I like what they do, they have plans for the future, but what potential their token has, is difficult for me to judge.
What comparisons can be made, if BNB is the top exchange token, how can one know if it's overvalued or not?
I don't see how some can claim that it's undervalued, if there's nothing to compare with?
I don't see how some can claim that it's undervalued, if there's nothing to compare with?
binance is my favorite exchange because it has so many altcoins listed and within certain limits does not require kyc, yes bnb tokens are underestimated using them for the fee of the various transactions i save a lot
for the burning of Binance coins and will be done again at the end of October. little do I believe about that information, indeed Binance is the number 1 market at the moment. why coins are burned if the market is large and the stalls are controlled with centralist. that might be unreasonable
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