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Topic: BNB vs WRX - page 3. (Read 1370 times)

full member
Activity: 640
Merit: 103
May 24, 2020, 02:37:18 AM
#51
I heard Binance already acquired the WazirX,  India has a huge population and a large number of people involve in crypto! they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.Though my expectation is not high like you. I think this coin has potential in the long run, it could be like binance coin. Maybe wrx will reach $1 this year this is good investment for me. I bought 11,000 WRX for a long preservation.
I also think she can overcome 1 dollar
jr. member
Activity: 117
Merit: 1
May 24, 2020, 12:19:36 AM
#50
 I heard Binance already acquired the WazirX,  India has a huge population and a large number of people involve in crypto! they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.Though my expectation is not high like you. I think this coin has potential in the long run, it could be like binance coin. Maybe wrx will reach $1 this year this is good investment for me. I bought 11,000 WRX for a long preservation.
copper member
Activity: 798
Merit: 3
May 23, 2020, 08:31:38 PM
#49
The Binance coin is a top rated coin nowadays. As, this coin is developed by the Binance own coin which is the top rated crypto exchange among all others today. The daily volume of this exchange is also more than others. On the other hand WazirX (WRX) is a quite good but this exchange is now acquisition by the Binance itself. So, bothe the coin is good for your portfolio.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
May 23, 2020, 06:35:06 PM
#48
So far, I have some BNB that I buy at a low price, and I still hold some for another bull run. I am trying to learn about WRX for a while because I think the coin can have another chance to increase in the future. But it still hard to say that WRX can compete with BNB because BNB already has big support from traders and investors. Besides that, BNB has a big potential to increase in the next bull run so maybe BNB will improve first, and WRX still need more time to grow.
l absolutely do agree with your opinion it is indefinite WRP can compete with BNB, in my opinion, don't. That is why as you above mentioned BNB is really most popular and so believable from investors. Holding BNB can give you a really good profit, maybe after price increasing you can see that. WRP has to grow, maybe it needs a bit lot of time.
full member
Activity: 338
Merit: 101
May 23, 2020, 09:46:34 AM
#47
I do not think WRX's price will become higher than BNB's price . Binance is already on the market for more than 4 years and reached all time high $40 . In near future I think we can see BNB more than $100/coin .
full member
Activity: 640
Merit: 103
May 23, 2020, 07:37:26 AM
#46
I bought 20,000 WazirX for a long preservation. Tell me how much should WazirX destroy tokens in all time?
jr. member
Activity: 362
Merit: 7
May 23, 2020, 07:29:00 AM
#45
I don't see many similarities here. The most important thing is that Wazirx is both known as Binance's subsidiary and there are still few traders there. I think CZ will not develop another exchange similar to Binance, which is too absurd. I think they need Wazirx because the laws in India are quite crypto-friendly and there are a lot of people there. they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.
Both are different, and in general, these two exchanges support each other, so I believe that both will develop together in the near future.

I think in comparison, BNB is still a lot better because this coin is bought more by investors. Of course, WRX is a new option for coin-exchange lovers but should also be careful because Indian laws are very strict.

I just bit the bullet and bought 1000 WazirX. It could go either way and turn out to be a fantastic or terrible investment but its $200 AUD I can afford to lose Smiley
hero member
Activity: 1274
Merit: 500
May 23, 2020, 07:17:10 AM
#44
I don't see many similarities here. The most important thing is that Wazirx is both known as Binance's subsidiary and there are still few traders there. I think CZ will not develop another exchange similar to Binance, which is too absurd. I think they need Wazirx because the laws in India are quite crypto-friendly and there are a lot of people there. they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.
Both are different, and in general, these two exchanges support each other, so I believe that both will develop together in the near future.

I think in comparison, BNB is still a lot better because this coin is bought more by investors. Of course, WRX is a new option for coin-exchange lovers but should also be careful because Indian laws are very strict.
hero member
Activity: 1876
Merit: 512
May 22, 2020, 02:52:30 PM
#43
There is no need to compare to the two, I for one believe all the value accrued by Waziri exchange would go to Binance. I don't know why Binance decided to have another tokens for exchange in which they own, if not just to socialise their platform and make money of them, the way exchange model is now is that winner takes all we are heading towards that direction soon so all these small exchanges would be swallowed by the big ones
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
May 22, 2020, 09:32:36 AM
#43
WRX have to be more unique to become the next BNB and we all know BNB is already made a good reputation in this market so its hard to compete with this coin. In terms of value there’s a big difference of course but if you do believe on WRX while on its early stage then start making your research. There’s a lot of competition in cryptoworld, having a unique ideas is a big plus for me but if its just like BNB, then I’d rather invest more on BNB than to a new one.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
May 22, 2020, 08:41:55 AM
#42
Check out this post. I just read out the white paper of this project. I think the projector will be very good. But BNB's market has become stable, BNB's Investing and Daily Trading has gained everyone's confidence. So that's why it's not fair to say that the next BNB.

Wiazir is a part of binance company and there was no point to discuss it again. It looks like you didn't understand if this was discussing about both of exchange sites. That means whatever if that was wazir or binance and both are the same caused by managed by the same companies. You must read again to understand the context.
member
Activity: 345
Merit: 13
Hard work is the most important key to success.
May 22, 2020, 08:21:42 AM
#41
Check out this post. I just read out the white paper of this project. I think the projector will be very good. But BNB's market has become stable, BNB's Investing and Daily Trading has gained everyone's confidence. So that's why it's not fair to say that the next BNB.
full member
Activity: 742
Merit: 102
Second Live
May 22, 2020, 07:21:19 AM
#40
BNB and WRX? I will personally choose BNB. Because I believe that altcoin BNB has great potential for future investment. BNB coins and platforms have many users as well as a positive reputation.
But WRX has been acquired by Binance, so that will be a great speculation in the future. Spend a little budget to buy WRX and hold, I believe that in the next 1-2 years the price of WRX can increase to 300-500% compared to the present.
full member
Activity: 640
Merit: 103
May 22, 2020, 06:06:07 AM
#39
WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.
After this discussion, I went for studying wrx but not getting fully impressed on wrx's future. There were huge amount of wrx air-dropped even though they have announced burning some percentage of supply if not claimed to unlock. I guess all air dropped coins/tokens may not shine due to dump when unlocked or set to move. Otherwise, it may take more time for wrx to shine like bnb; I mean we cannot compare wrx with bnb at least in time-frame criteria.

Another worrying fact on wrx is, they plan to reduce the discount for traders if they opt to pay the fee in wrx. I guess there is no such plan with bnb (please correct me if I am wrong). I believe there should be continuous support for big discounts to traders to ensure continuous demand for wrx. Otherwise, people may start forgetting using wrx. Here are their plan:

and how much can they burn tokens all the time?
full member
Activity: 1750
Merit: 118
May 22, 2020, 05:03:53 AM
#38
I don't see many similarities here.

same here . not many but after reading the post i only notice two similiarities and that is the coin have also its own exchange and they also offer discounts for hodlers of this coin same as with bnb on binance  . still that would be enough to compare them because both coins have similarities and i agree on op  . thanks for the op for bringing it up on here   . this can be a good oppurtunity to buy now because wrx is still cheap and who knows maybe its price will grow too just like what hppen on bnb  by the time exchange of wrx  gets really popular   .
sr. member
Activity: 854
Merit: 253
l0tt0.com
May 22, 2020, 04:28:03 AM
#37
I don't see many similarities here. The most important thing is that Wazirx is both known as Binance's subsidiary and there are still few traders there. I think CZ will not develop another exchange similar to Binance, which is too absurd. I think they need Wazirx because the laws in India are quite crypto-friendly and there are a lot of people there. they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
May 22, 2020, 03:18:50 AM
#36
WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.
After this discussion, I went for studying wrx but not getting fully impressed on wrx's future. There were huge amount of wrx air-dropped even though they have announced burning some percentage of supply if not claimed to unlock. I guess all air dropped coins/tokens may not shine due to dump when unlocked or set to move. Otherwise, it may take more time for wrx to shine like bnb; I mean we cannot compare wrx with bnb at least in time-frame criteria.

Another worrying fact on wrx is, they plan to reduce the discount for traders if they opt to pay the fee in wrx. I guess there is no such plan with bnb (please correct me if I am wrong). I believe there should be continuous support for big discounts to traders to ensure continuous demand for wrx. Otherwise, people may start forgetting using wrx. Here are their plan:


Binance is an international exchange whereas wazirx is an India exchange but it is being known for its popular P2P operations when India's federal bank banned exchanges for crypto operations.
I read wazirx requires full KYC to get start with them. But not sure about crypto-crypto trading. But, for an international crypto player, there cannot be any reason to choose wzrix among other famous exchanges because waxirx is not actively listing new coins nor engaging in any IEO things so far. This may reduces the chances for wrx tokens to growth like bnb as per your speculation.
full member
Activity: 640
Merit: 103
May 12, 2020, 03:06:21 AM
#35
WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.
jr. member
Activity: 30
Merit: 1
May 11, 2020, 06:53:09 AM
#34
BNB and WRX? I will personally choose BNB. Because I believe that altcoin BNB has great potential for future investment. BNB coins and platforms have many users as well as a positive reputation.
hero member
Activity: 3052
Merit: 685
May 11, 2020, 04:52:50 AM
#33
I heard Binance already acquired the WazirX, so, WazirX is another product from Binance like the CMC!  WazirX has good potential to be a top 50 altcoin, India has a huge population and a large number of people involve in crypto! Though my expectation is not high like you but Wazirx price can hit 1-3$ easily in the next bull run!
That's correct, they have announce that in their official website.

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways

So this exchange could be successful like Binance but not as successful as Binance as it has been Binance that is their trade name.
We might see it grow in the future, so at this point, maybe those who believe on its future might start accumulating now.

So there's no competition here as it is under in one wing. And I only heard WazirX because of this thread, so I don't think they can compete the BNB's popularity anytime soon. Most crypto users are familiar with BNB but not WRX, even though the population in India is big, yet, we are talking the global crypto community here. So right now, there's no reason to make a comparison between the two.

Indeed, both can grow together, therefore if we trust them, we should consider investing with them.
Always put in mind that we are in the early stage now, Binance may already have a big trading volume but the total marketcap of the crypto market will just increase overtime, and that will make exchanges to be more profitable and of course a chance for a small exchanges to grow on its time.
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