Topic: BNB VS Eth - Invest in ETH since BNB is centralized - page 2. (Read 1007 times)
it is okay to invest in both coins because it shows a good track record, even though centralized BNB is backed up by Binance which is the top crypto exchange. as well as bnb has a proper development, and their coins will always be used in binance and maybe in the future will be used for other transactions.
No. Since it is too much expensive to list BNB tokens on BNB dex. BNB has no true future while the ethereum dex are much cheaper, you can even pay as little as 2 eth to list ethereum token there. However BNB tokens can only be traded without the listing if you are not holding much BNB. Just imagine that if you want to list a bnb token on bnb dex then you must have atleast 1000 BNB to list BNB tokens on BNB dex (binance dex) while in case of eth it is much cheaper so why people will buy this token since the dex is too much expensive.
Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?
if it was me, i would choose the one that brings more profit to me, not just because decentralized or centralized to evaluate. But the hard prat is, which one looks more profitable in the short term.
If you hate crypto simply because of its centralized nature, then there is no reason to store and trade decentralized assets on a centralized exchange. BNB belongs to Binance which is in fact the most favorite trading platform. Both the Ethereum and Binance platforms are still being developed and improved according to their functions and that is what makes them valuable.
It is very difficult to predict how the price of Ethereum will change after the launch of Ethereum 2.0 on December 1. It is possible that now is the best time to invest in this coin. But in any case, I will continue to keep part of my deposit in BNB, thanks to which I receive passive income on the exchange and enjoy discounts when trading.
Be careful with ETH. It is looking overpriced right now and there have been a lot of hype related to DeFi and ETH 2.0. A lot of people have invested in Ethereum, due to this hype. If things doesn't turn the way they are expected, then the exchange rates may crash big time. A lot of tall claims are being made with ETH 2.0. We don't know whether all of them can be realized.
If you keep aside the platform and focus on the coins, it is a known fact that the ETH has performed better than BSC in the past. Most importantly, ETH is proven to be more stable and seconds only to BTC, in my view. With the DeFi icing, it will surely become more attractive than BNB.
Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?
BNB is better but ethereum has more potential compared with BNB. i think that centralized or decentralized don't matter a lot. As long as such coin can give a lot of benefits to the owner or token holders and why not? BNB gives various benefits while XRP gives nothing. Ethereum will try to give benefit to its holders to be able to get the reward from helping the network too. BNB or ETH are still worth to invest.
Both have their own advantages and disadvantages.
I agree with you that ETH is better than BNB for long term investment, because I believe the price of ETH will increase higher than the price of BNB, although the price of BNB will definitely increase too, but investing in ETH will give you more profit than you investing in BNB, therefore I also prefer to invest in ETH at this time.
It is very difficult to predict how the price of Ethereum will change after the launch of Ethereum 2.0 on December 1. It is possible that now is the best time to invest in this coin. But in any case, I will continue to keep part of my deposit in BNB, thanks to which I receive passive income on the exchange and enjoy discounts when trading.
Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?
Both of these altcoins are worth investing for especially you know that they are both part of the top rank cryptos but if I have to choose between the two I will be rooting for ethereum to invest with because ETH is more decentralize and has a very high potential for you to gain double or even triple profit.
BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
I agree with you that ETH is better than BNB for long term investment, because I believe the price of ETH will increase higher than the price of BNB, although the price of BNB will definitely increase too, but investing in ETH will give you more profit than you investing in BNB, therefore I also prefer to invest in ETH at this time.
Well, personally, in 2021, I will probably choose ETH, all the same, a very large increase in projects at ERC-20 and which bring profit. And it's easier for me to work this way.
I'm not heavily invested in ETH and BNB although I'm currently holding some ETH as of this moment but being centralized doesn't mean that it is a worse investment compare to a less centralized one.
If that is the basis in investing then all must be investing in Bitcoin only right now. In the end, it will be the decision of the investor and some of them will just ignore your nonsense opinion here.
If that is the basis in investing then all must be investing in Bitcoin only right now. In the end, it will be the decision of the investor and some of them will just ignore your nonsense opinion here.
For me both of them are vry good for investment. At this moment ethereum is the biggest platform based token. It has the most used cases, most of the new tokens use eth chain and it has a huge marketcap. And it is fully decentralised. In other hand BNB is now not just a exchange based token. It has its own cabin and Dex now. And team cz pushing other utilities to BNB. So it's growing very fast. But for many people the centralisation of BNB is a problem. But as a small investors I have no problem. So I hold both.
When even the owner of Binance holds many different coins, I do not understand people who want to go just with one of them. I understand the logic to compare these type of coins and I get that you want to pick the best one, but why risk with going just one? Pick both of them is the right answer but I think even more right answer would be pick even more? Like find 10 coins that you can trust the future and you could put all of your money into that 10 coins instead of picking just one or two.
Bitcoin, ethereum, bnb and here we have 3 already, add in something like dash, monero, eos, tron and you got yourself even more, you can increase these and make it to 10 even 20 coins and in which case some of them could fail to deliver but since you are involved with many, one bad pick wouldn't hurt you.
Bitcoin, ethereum, bnb and here we have 3 already, add in something like dash, monero, eos, tron and you got yourself even more, you can increase these and make it to 10 even 20 coins and in which case some of them could fail to deliver but since you are involved with many, one bad pick wouldn't hurt you.
Bnb token is centralized, ripple (Xrp) is centralized, yet they are top altcoins on coinmarketcap, why do you guys hated centralized projects so much? They are doing way better than thousands of altcoins in crypto space today, I will never leave bnb token for Ethereum, yes ethereum is better but these two projects are so damn good, I'd rather buy the two
I think at this moment of time both of them are good investment if you hold for a long time. I think it's hard to compare both of them. At this moment ethereum is the most used and most popular platform based token available in the market and in markecap it has the second largest marketcap off all coins. Innother hand binance has a very popular name. At first BNB is just a exchange based token. But now it has its ownbchan, adex and binance making more utility for it. So a s a investment in long term both of them could be profitable.
BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
I'm going for ETH too!
But the DeFi issue is being scams ...
ETH 2.0 is needed and a new idea different from DeFi ...
Ethereum 2.0 is actually needed to be caused by the congestion that was happening on ethereum network and this has been forcing so many people to create a single transaction with a very high transaction fees.
ethereum 2.0 will also bring the solution to the ethereum inflation. It will not give a big change for the defi trend especially to decrease the scam project on defi.
BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
I'm going for ETH too!
But the DeFi issue is being scams ...
ETH 2.0 is needed and a new idea different from DeFi ...
BNB is not centralized, but maybe less decentralized. You know about XRP right. We all know that the coin centralized but people still interested to invest in it. So I think even centralized status is not give a huge impact, so what you think if only less decentralized. I still believe that BNB is a good investment, Ethereum too. Both are good
Still doesn't matter whether it's less decentralized or not if the exchange got hit by a bad news then it will affects BNB greatly. The point about investment is keeping the profit and if a crypto could be that easily influenced by the exchange then that's as good as centralized or owned by that exchange so saying that BNB is centralized still makes a lot of sense. Jump to: