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Topic: BNB Holders - What do you do with your BNB? - page 4. (Read 1172 times)

sr. member
Activity: 1064
Merit: 265
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I don’t prefer to hold my bnb on exchanger (Binance). Because My thought is if binance hold my BNB,I can't do anything. Only prefer personal wallet that is safe.It's good choice to earn easy  coins from staking but if you don’t hold Enough BNB then you will get good amount of coins free. I have low Amount of BNB that's why use personal wallet that provide private key/seed.
hero member
Activity: 1694
Merit: 541
Literally I used the BNB for staking of my coins in binance exchange for good passive income. Since I staked my coins on their cryptocurrency platform I have earned such a handsome income which I want others to venture into. This coin is a multivational coin which it use can't be emphasize, the best is yet to be seen with this coin called BNB.
I would like to know how much you were able to earn staking the coin, i never did that and hence my genuine doubt, i do not see this as a multi purpose coin but just unilateral because of its use case. Since you are an avid investor i would like to hear how long the coin can go, the price is around $30 and what is your expectation, i do not see this having a huge rally even when the entire market is rallying.
full member
Activity: 966
Merit: 102
In my case, I only use BNB for trading purposes as there are assets in their decentralized exchange that I love trading but in other cases, I only store it in my wallet and I didn't stake or do something to it aside from trading.

Staking is a good option for us if we like to earn from our BNB but I didn't like the idea because I am earning a good amount of profit in trading so staking is not a good option for me. But for starters, they can try it as BNB is one of the biggest exchange out there and staking your money is not that risky if I were to say.
full member
Activity: 1330
Merit: 147
Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?
Passive income is an improbable in the crypto sphere. You could be loss your money and get a double profit in one day. I can't believe through this crypto currency I can make money like I work in the real life.

I do day trading, and I'm dedicted to be a full time trader so far but do you know what profit that I get? Yeah sometimes I can make money $1000 in one week and sometimes I loss $1000 in one week and even I can't get anything in one week.

This is what will you do even you choose a staking way to earn money. The price coin/token is not stable as you wish, you just need several times to see the price up and down.
sr. member
Activity: 1176
Merit: 339
https://t.me/bubbalex
I do not keep a lot of BNB, I have a small amount on my balance to pay exchange fees, no more. Binance gives a lot of opportunities and invests a lot of resources in the development of the coin, but I do not like so much controlled coins, for investment may be good coin, but for me is also important personal interest in the project. Maybe later I will regret that I didn't bought more BNB, will see.
legendary
Activity: 2128
Merit: 1775
Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.
If you are currently considering your investment with the BNB coin, I think it's a good decision to make, Of course, you know Binance has a good reputation right now in crypto exchanges, so, chances are the bnb coin has a good chance in the future.

And if it is compared to other coins that have just emerged at this time, don't be affected by the current high price, the other coins don't know about their future developments, I've seen the highest priced coin in 2018 and currently the coin has been wasted with no value at all.
So, take coins that you think are good which have an advantage in the future.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
If Altcoins go up, Bitcoin will likely go up too, so don't keep farming altcoins, but farming more Bitcoin. because soon bitcoin there will be surprises next year.
Just like the previous bull trend, Bitcoin and Altcoins pumped at the same time so I don't suggest that only hold BITCOIN because you have to diversify so you can earn more money and lower the chance of losing money. Altcoins is great and I do hold BNB because it is the best cryptoexchange and many believes that they will continue to grow over time. BNB will make a new ATH when the bull market started, so keep farming good coins/tokens.
Almost altcoin depend their price on bitcoin during bitcoin pump altcoin will going to the pump, but different for BNB holder where hold assets on Binance because every time have many offer giving by CZ to the holder of BNB, I am glad with this coin because the developer always giving many new coin for BNB holder in Binance, we can't count how many token are giving by BNB holder when have launchpad new coin on binance allocated about 30% for BNB holder to get new coin, I think only BNB coin have this system by giving offer for their holder to make coin could be on higher price always.
full member
Activity: 2128
Merit: 180
I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
If Altcoins go up, Bitcoin will likely go up too, so don't keep farming altcoins, but farming more Bitcoin. because soon bitcoin there will be surprises next year.
Just like the previous bull trend, Bitcoin and Altcoins pumped at the same time so I don't suggest that only hold BITCOIN because you have to diversify so you can earn more money and lower the chance of losing money. Altcoins is great and I do hold BNB because it is the best cryptoexchange and many believes that they will continue to grow over time. BNB will make a new ATH when the bull market started, so keep farming good coins/tokens.
legendary
Activity: 3276
Merit: 1029
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I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
If Altcoins go up, Bitcoin will likely go up too, so don't keep farming altcoins, but farming more Bitcoin. because soon bitcoin there will be surprises next year.

If you are not a miner and how is it possible for you to farm bitcoin while it can only be mined through use ASIC? Even if you are trying to use an alternative way just like FARM APY from the stable coin and then convert it to the btc, it will be only giving small return as the result totally depends on how much your total amounts that have staked on the platform.

It's about how use our BNB to get more advantages. If we are only having BNB as our resource to get more return or passive income and why not?
jr. member
Activity: 230
Merit: 1
Binance token - BNB  is a great token for long term hold. The benefits of the tokens are not only the increase in the value of bnb, but holders have the opportunity to participate in IEOs which are carried out on the exchange. I learnt that binance would be giving some interest to holders who stake their tokens very soon and this would be an additional benefit to holders of bnb.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?
have no other plans for now but to Hold,though there are staking that Binance has offering yet i am not interested so far.
maybe in time i will but for now i am contented in My holding in which its fine for the whole year of waiting.
I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
If Altcoins go up, Bitcoin will likely go up too, so don't keep farming altcoins, but farming more Bitcoin. because soon bitcoin there will be surprises next year.
Sorry but this is altcoin section so that is why He says it is.

But i agree with you that Bitcoin must be our priority before any altcoins,though the topic here is Binance coin so farming this great coin is best for holders.
legendary
Activity: 1163
Merit: 1005
I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
If Altcoins go up, Bitcoin will likely go up too, so don't keep farming altcoins, but farming more Bitcoin. because soon bitcoin there will be surprises next year.
full member
Activity: 1260
Merit: 100
Depends on what we does. If we are a trader, using BNB to reduce our trading fee on Binance exchange will be helpful.
Even if we are not doing anything and just holding it in our wallet, we can still get the profit from the value because BNB value have high possibility to increasing due the periodic BNB burning by Binance.
sr. member
Activity: 1876
Merit: 318
BNB is indeed a profitable coin, so the demand for BNB is currently quite high. What I do to the BNB that I have,
it's just holding it. Since 2019 I have bought BNB for $ 19. Within a year the BNB has now risen to a price of $ 30,
but I don't intend to sell my BNB even though it's already profitable. Because I believe the BNB price will still
go up even higher.
hero member
Activity: 1876
Merit: 512
My play here with these Binance farming is to get in early before the reward starts reducing, this is very important, one the reward drops, I move my funds to the nest big thing, people need to remember that all these is a cycle and just ride the hype when its last.
legendary
Activity: 2282
Merit: 1041

The only I do with my BNB tokens is to use it for paying trading fee within their own exchange. From the beginning actually I have only bought 27 BNB since 2017 and I have never bought any BNB after that. I still have few left but its just going to be used as fees. I realize though that Binance will airdrop BNB tokens.
full member
Activity: 588
Merit: 104
I keep farming with them. i dont want to sell them before the bull run. bnb tokens will be one of the major tokens that is going to rise up with some others like ethereum, bch.
member
Activity: 576
Merit: 43
Once a month, I always add to my BNB stock in my cold wallet and I will keep on holding it. Just waiting for the right time to sell it later, for me the current price of BNB is quite expensive but I have my own target price.
I really like the method you choose, it is very smart because the Binance exchange has great potential with the BNB it has to be more expensive because more people will use it especially the very limited supply will have a good effect in the long run
full member
Activity: 2184
Merit: 184
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Literally I used the BNB for staking of my coins in binance exchange for good passive income. Since I staked my coins on their cryptocurrency platform I have earned such a handsome income which I want others to venture into. This coin is a multivational coin which it use can't be emphasize, the best is yet to be seen with this coin called BNB.
hero member
Activity: 3052
Merit: 651
Is BNB and BSC has the same value?

It's easier for me to identify BSC like ERC-20.
Binance Smart Chain like Ethereum Network. I don't know if a coin BSC exists.

To OP.
I prefer holding it for a long time.
Obviously, they are updated with every event that is happening in the cryptocurrency industry and that means a lot.
First is creating BSC that made a lot of hype and some coins are now swapping to them (from ERC-20) for cheap and faster transactions.


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