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Topic: BNB Holders - What do you do with your BNB? - page 5. (Read 1129 times)

hero member
Activity: 1834
Merit: 523
Bnb is one of the favorite token of the crypto investors you why ? Because the Binance exchange is good trading sites and very trusted and it's good to trade there many coins and have different features. I suggest to your BNB token is better to hold it for more years because I believe it will turn into $100 each or maybe the maximum value is $1000 and once it happen you will get a lot of profit.
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
I’m just holding my BNB and no plans of staking it in the future, I’m just waiting for my target selling price and I’m done with it. We should not attached too much emotion on every coin that we have, we should always focus on the target price. Yes, BNB made a lot of option for us now its our choice whether to hold, to stake, or to trade but I always go for the most liquidity.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Binance being the leader of cryptocurrency exchange services the growth of BNB will be promised. Apart from this there are regular competition and more earning opportunities were also provided. Now the passive earning through staking has attracted more people prefer BNB than other similar assets due to the trust Binance exchange has gained. Most of the projects launched through Binance has given good return, and BNB being the pair for investing/buying those tokens adds more value to BNB.
sr. member
Activity: 1792
Merit: 268
Vave.com - Crypto Casino
i just keep it in my account at binance, of course for long term investment as well as my friend recommended, i haven't done anything on my BNB, even though there are many options there for staking and others, but I'm not interested in doing that yet
sr. member
Activity: 1204
Merit: 270
casinosblockchain.io
When I was trading on Binance I chose to buy BNB, maybe I saw BNB as very good for long-term and short-term trading, because I saw BNB volume is very good and I made a profit from trading with BNB. I think that apart from BNB, XLM is also good for long-term and short-term trading because both Altcoins are very good, but it all depends on how you have to choose them, because everyone's choices and thoughts are very different.
legendary
Activity: 1316
Merit: 1004
 I have divided my BNB into a few parts. 75% is kept into the launchpool to farm the new tokens. I keep 20% of BNB for trading purposes and, the remaining BNB I keep them safe to pay for fees.
hero member
Activity: 812
Merit: 512
BNB now got so many useful benefits, the best of them are launchpool and launchpad , where you can farm another coin by BNB , So far it has been $Bella and $venus in launchpool and they have been multiple when they added into the binance , I think using BNB makes you pay less fee especially in leverage trading also.
jr. member
Activity: 552
Merit: 4
I am using BNB only for pay trading fee and sending tokens actually. Sometime, I buy coins using BNB, when i see price is low in BNB market from other markets.
sr. member
Activity: 1092
Merit: 256
I use 100% BNB for short trading purposes, because BNB prices are very volatile, it's easier to get opportunities. We know that Binance is there for every hype, from ICO, IEO, DeFi and the last time I saw it was BSCSwap
You can use this strategy to survive and save money
Whereas my biggest backup is from bitcoin by storing it for the long term.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
I own BNB to join selfdrop DeFi project, during this month many projects have to send BNB to get their tokens. I hold the BNB to take advantage of the DeFi moment, this is very useful for adding some BNBs to fill my wallet.
I have also participated in the defi pool too. There are so many things that can be done with binance coin and it's also the users will be able to get another airdrop from the binance smart chain too.

It's also the capital return is still applying to the BNB coin even some people were buying BNB at a cheap price is getting the best moment in their life right now.
Everyone is still focusing int he launch pool.
legendary
Activity: 2268
Merit: 1655
To the Moon
Hold is the right word for BNB holders, but the program offered on Binance saving makes us interested and I am also interested,
I hold and put BNB in binance saving, I think this is what BNB holders should do, don't sell it cheaply  Wink.
im sure BNB can reach $100 in altcoin season, to the moon  Grin

Of course, the price of BNB can reach $ 100, but then how much will BTC cost? But we must admit that this is one of those coins that did not fall much in price, compared to other altcoins from their top value. So it turns out that BNB is a good coin, but do not forget that it depends on the Binance exchange and CZ.
full member
Activity: 756
Merit: 100
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?
I already got SXP rewards for holding Binance coins in the Binance exchange. Binance chain is my favorite because of its low cost. But I don't like Binance dex. By decreasing other coins' value, Binance coins are increasing the price. What I want to say, this isn't actual demand that is currently seen on the Binance coin.
copper member
Activity: 966
Merit: 14
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?

You have yours in savings account, you mean holding? Just hearing this for the first time I must confess, I hardly hold the coin nowadays.
Well one of the things you can do with BNB is using it for trading fees, it can also be used for gas fees when sending any token based on the Binance chain. Also, one of the prominent things people do with BNB is for IEO, holding a certain number of BNB affords holders the opportunity to participate in Binance IEOs. In addition, considering the efforts made so far by the Binance team to ensure their coin gets the best of attention and growth, I would say you made a great choice in holding it. Also, about the incentives you get from holding BNB, I think I will research more on that as well.
full member
Activity: 854
Merit: 115
I own BNB to join selfdrop DeFi project, during this month many projects have to send BNB to get their tokens. I hold the BNB to take advantage of the DeFi moment, this is very useful for adding some BNBs to fill my wallet.
full member
Activity: 870
Merit: 125
I just put them on flexible savings. The minimum to put there is just 0.1 BNB and you can auto transfer your interest to compound it. Though the interest is low, you are still eligible for any drops for BNB holders and I always get a number of coins dropped on my wallet for just holding BNB there.
Holding BNB itself is a good strategy as the fields for it's use are increasing while there seems no decrease in popularity of binance.
full member
Activity: 588
Merit: 104
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?

i am staking on alpha at the moment. but to be honest, i was holding them to join ieos. But last ieo, injective protocol was a disappointment for me. No enough gain. i would expect at least x5 in first day.
sr. member
Activity: 555
Merit: 271
I swap it to BSC (Binance Smart Chain).
I see some people do that to farm token in Pancakeswap, BSCSwap and other.
And i use few of them ti claim airdrop FSFS in Telegram.
hero member
Activity: 2590
Merit: 585
Leading Crypto Sports Betting & Casino Platform
I still let it be and not do anything with it, but I had a ton of friends who bought stuff like Cake for example, they knew it probably won't be doing awesome in the long future, but right now it is great because it both gains value but at the same time it is giving you stake so they were making money on top of money hence why they got in, plus they have a very quick stop loss so if it ever looks like it is going down they would be one of the first to get out as well.

You could look at those things, they are not great for long term but it is not bad for get in and get out in few days type of situations. I personally think that it is quite important that people would be willing to actually spend their BNB because if they do not spend it, the value of it can't go up neither.
sr. member
Activity: 980
Merit: 276
I will keep holding for sure. not for staking or farming but when i have winning ticket, it always gives me really very nice profits. And i believe that whenever alt season comes, bnb and ethereum prices will start to raise first.
hero member
Activity: 1078
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
Just know that, all the binance teams are trying to do and so far have successfully accomplished is keeping your coins on their exchange so they can be in charge. They introduced new utility to the token occasionally but it can't enjoy (speaking about those features) outside the exchange.  Your staking, farming and profit earnings has to be done by you giving them control over the tokens by moving them to their exchange.

It's a wrong move as storing your coin on an exchange is against the ethic of investing in the cryptocurrencies industry. Exchange are liable to hacks and can disappear at any movement with all the funds under their custody. Be warned.
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