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Topic: Binance: $BNB The Future of Exchanges. - page 156. (Read 132085 times)

newbie
Activity: 17
Merit: 0
November 04, 2017, 01:44:13 PM
If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low
Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.

Current Uses:
1. 20% of profit buy&burn
2. pay trading fees with 50% discount
3. pay for Bijietech services
4. pay listing fees
5. vote for community coins

Upcoming Uses:
6. buy into Binance Labs ICOs
7. base currency in BNB markets
8. collateral for margin trading
9. gas for decentralized exchange

BNB is already one of the most useful coins.  There is a positive correlation between the success of Binance and the fundamental value of BNB.
full member
Activity: 308
Merit: 102
November 04, 2017, 01:09:47 PM
I trade most of the time on binance. I like it. But one major problem is no stop loss. It is realy important.

that will come
sr. member
Activity: 329
Merit: 250
November 04, 2017, 12:58:16 PM
I trade most of the time on binance. I like it. But one major problem is no stop loss. It is realy important.
full member
Activity: 280
Merit: 105
November 04, 2017, 09:38:26 AM
Binance does a lot of stuff much better than some of the more established exchanged, the thing I find that really makes a difference though with any exchange is the UI, I don't understand why with all the time and money invested they cannot make a UI that is clean and easy to use, there's often too much crammed in to one place for me.
member
Activity: 77
Merit: 10
November 04, 2017, 09:29:37 AM
Is this thread full of bots or no one else seeing my comments?

More likely no one knows the answer
sr. member
Activity: 364
Merit: 255
November 04, 2017, 08:38:24 AM
Vote on binance ending tomorrow and looks like XZC will win. Do you guys think listing on binance still can make price surge?
newbie
Activity: 46
Merit: 0
November 04, 2017, 08:12:49 AM
Is this thread full of bots or no one else seeing my comments?
hero member
Activity: 815
Merit: 502
November 04, 2017, 07:42:24 AM
Binance and the forthcoming SegWit2x Bitcoin fork.

Binance have stated that "Binance would like to support any meaningful forks." Anyone know what this exactly means ?
Does it mean that Binance might support the fork if they think it's meaningfull. Should I keep my Bitcoin on Binance or move to somewhere like Kucoin who have said they will support the fork.

Kucoin are a relatively new exchange but they are adding more coins all the time, such as Digibyte on the 6th November. They also give a trading discount if you hold there coin KCS and a sort of 'dividend' for holding coin on the exchange - I've already made a little bonus for holding coin on the exchange.

Kucoin also support NEO and GAS, but I quite like Binance - what to do  Undecided

Kucoin invite link:  https://www.kucoin.com/#/signup?r=E3K63p
Lol referral link, not a bad strategy  Grin
Nice move sir  Grin
newbie
Activity: 46
Merit: 0
November 04, 2017, 07:32:33 AM
DOes anyone here know how much they charge to get a token listed on Binance?
sr. member
Activity: 574
Merit: 261
November 04, 2017, 07:17:34 AM
Binance and the forthcoming SegWit2x Bitcoin fork.

Binance have stated that "Binance would like to support any meaningful forks." Anyone know what this exactly means ?
Does it mean that Binance might support the fork if they think it's meaningfull. Should I keep my Bitcoin on Binance or move to somewhere like Kucoin who have said they will support the fork.

Kucoin are a relatively new exchange but they are adding more coins all the time, such as Digibyte on the 6th November. They also give a trading discount if you hold there coin KCS and a sort of 'dividend' for holding coin on the exchange - I've already made a little bonus for holding coin on the exchange.

Kucoin also support NEO and GAS, but I quite like Binance - what to do  Undecided
newbie
Activity: 46
Merit: 0
November 04, 2017, 05:57:15 AM
Does anyone know the required fees to get your tokens listed on Binance
member
Activity: 60
Merit: 10
November 04, 2017, 04:55:38 AM
I think that binance can take over the bittrex in future. It has everything that bittrex doesn't and binance get upgrades every some time and is cleaner and with more options. Also I think BNB coin is nice to use for fees.
legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
November 04, 2017, 04:50:08 AM
Binance and QUOINE Announce a Strategic Partnership to Build Global Liquidity in the Crypto Economy



Quote
QUOINE is a leading global fintech firm providing trading services for Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee and Australian dollar. In September 2017, QUOINE Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan FSA.

Binance CEO Changpeng Zhao commented, "We have been in constant communication with QUOINE and believe they have a professional team with abundant experience in banking and finance. It did not take us long to decide on having a strategic partnership with them, and we believe together we can provide global traders with a more comprehensive range of services. We hope that in the future, Binance will be able to enter into further collaborations with other exchanges for similar fiat-crypto co-operations."
full member
Activity: 126
Merit: 100
November 04, 2017, 04:33:01 AM
Why is bnb rising? It’s been the most stable coin in the alt market crash.

BNB is immune to the market conditions because it has a use no matter how bad is market performing. What I mean by use is that it reduces the fees for 50%, and trading will occur in both bearish and bullish market, so there' aways demand for it.

When you add this to the fact they are burning 100M (out of 200M tokens) quarterly with 20% of their profits, you can see why price tends to increase all the time.
full member
Activity: 224
Merit: 100
November 04, 2017, 03:20:04 AM
Why is bnb rising? It’s been the most stable coin in the alt market crash.
sr. member
Activity: 378
Merit: 251
November 03, 2017, 11:55:05 PM

Waoh thanks for the reply!

So it will be consume/pay when trading for fees discount?

Or as long as i hold an amount of Binance coin, i will get the discount in fees permanently?

Thanks

That is correct. Along as you have BNB, you can get 50% off transaction fees whenever you are trading at Binance. That point alone is a good reason to keep holding BNB. And by the way. Good job on releasing an app for Android. Makes it so much easier trading now on the go by just using the app.
hero member
Activity: 815
Merit: 502
November 03, 2017, 11:49:40 PM
If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low
Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.
Why its not related? I have never used BNB token before, but a guy above said that its for 50% trading fees discount.
If the volume getting bigger, then it means there are so many big transactions there, then the 50% discount fees will be more valuable
The demand will increase as well as the price.
hero member
Activity: 952
Merit: 513
November 03, 2017, 10:57:51 PM
$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.

It will definitely depend on how well the exchange performs. Since this coin is only good for when the actual exchange is attracting customers on a large scale, it has to do with how well they market their product and manage the system.

Also by buying this coin you're essentially betting against all the decentralized exchanges like XCP or BTS or even NXT.

But in the short term, if chinese investors do move to binance more, then i can see the price going up.
sr. member
Activity: 607
Merit: 278
06/19/11 17:51 Bought BTC 259684.77 for 0.0101
November 03, 2017, 09:16:51 PM
If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low
Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.
hero member
Activity: 815
Merit: 502
November 03, 2017, 11:08:15 AM
If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low
Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.
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