Need Advise po Regarding BEP-20 & BNB.

Adreman23

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SOL.BIOKRIPT.COM

Quote from: MrDangem on March 21, 2021, 09:33:43 PM

Good day po sa lahat,

For some fortunate circumstances nag karoon po kasi ako ng kaunting BNB token under BEP-20.

Tanong ko lang po sana, since convertible po sya worth-it po bang e convert sya into BTCB? or other BEP-20 or ERC-20 coins?

Since it requires BNB to fuel the conversion/swap/transaction worth it parin po ba?

I did a little research but I still want to get more insights and wisdom from my fellow countrymen.

Yung BTCB ba na tinutukoy mo dito ay yung bitcoin na nasa bep2 na naka pegged sa bitcoin? dalawa kasi yung may BTCB na ticker yung isa naman ay bitcoinBrand BTCB din. Kung yung BTCB na naka pegged sa bitcoin ang gusto mo econvert yang bnb mo well parehas lang yan parang may hold ka na din ng bitcoin nyan dahil parehas rate nilang dalawa 1 BTCB = 1 BTC ang pagkakaiba lang magkaiba sila ng blockchain ang purpose nang BTCB since nasa bep2 sya ay mura ang fees compare sa original BTC (Note: Kung maglolong term ka sa bitcoin mas maganda kung sa original bitcoin blockchain ka para safe). Sa tanong mo na kung worth it kung ecoconvert mo ang bnb mo sa btcb o ibang altcoins ang masasagot ko dyan ay walang nakakaalam dahil lahat naman tayo ay nag e speculate lang. Pero tingin ko maganda naman ehold ang bnb dahil kung eko compare mo ang price nya last year ay sobrang taas na. Kung gusto mo pa lumaki ang portfolio mo pwede din mag take ka ng risk pwede mo sya econvert sa ibang crypto pero yun nga dalawa lang kalalabasan nyan pwedeng panalo o kaya talo sa huli.

Insanerman

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Quote from: MrDangem on March 22, 2021, 12:31:18 AM

Salamat po sir, Parang mas okay yung convert to BTC, kaya lang limited lang ang exchange nang wallet ko at thru dapp pa, ang Available lang is BTCB or other BEP-20 and Erc-20 lang..

Tama po ba ang gagawin ko kung sakali, e tra-transfer ko ang BNB ko to other wallet like Guarda, then dun ko sya e convert to BTC?

May other ways pa po ba? Kasi tingin ko malaki ang magiging charges nito.

I often use BNB and (BSC) BEP-20 network for transferring fees and hindi siya kumakain ng malaking charge if you would transfer BNB to BNB thru BEP20 network. If you ever want naman na mag invest sa isang coin or bumili ng coin, you can simply use exchanges yet magdeposit ka parin thru BEP20 from your BNB wallet. Not a financial advice, but I prefer holding BNB since there are many projects na nagrurun sa BSC network which is profitable if marunong kang mag invest ng tama. Also, if you ever don't want to lessen your holdings, I don't suggest entering the bearish market of BTC.

Again. kung need mo itong bnb mo to have a pocket money, you can send it to Binance then exchange it to XRP then send the XRP to your coins.ph XRP account. Lahat yan low fees as soon as gawin mo ng tama. But if you don't really want to mess up your holdings and natututo ka palang, I suggest to hold it.

mk4

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📟 t3rminal.xyz

Quote from: MrDangem on March 22, 2021, 12:31:18 AM

Salamat po sir, Parang mas okay yung convert to BTC, kaya lang limited lang ang exchange nang wallet ko at thru dapp pa, ang Available lang is BTCB or other BEP-20 and Erc-20 lang..

Tama po ba ang gagawin ko kung sakali, e tra-transfer ko ang BNB ko to other wallet like Guarda, then dun ko sya e convert to BTC?

May other ways pa po ba? Kasi tingin ko malaki ang magiging charges nito.

Transfer mo sa reputable exchange gaya ng Binance, then dun mo nalang i exchange. If ayaw mo ng AML/KYC, mostly hindi naman magrerequire ang Binance unless na minalas ka, kasi as low as below 2 BTC per day ang ineexchange mo mostly hindi ka hihingian ng documents.

And yes, may exchange fees talaga, wala na talaga tayong magagawa nun since kailangan rin talagang kumita ng mga exchange. The only way na makapag exchange ka ng coins ng walang fees(besides transaction fees) is kung makikipag palitan ka sa mga tao directly, which is mas mahirap gawin kasi mahirap maghanap ng mapagkakatiwalaang tao.

MrDangem

newbie

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Merit: 0

Salamat po sir, Parang mas okay yung convert to BTC, kaya lang limited lang ang exchange nang wallet ko at thru dapp pa, ang Available lang is BTCB or other BEP-20 and Erc-20 lang..

Tama po ba ang gagawin ko kung sakali, e tra-transfer ko ang BNB ko to other wallet like Guarda, then dun ko sya e convert to BTC?

May other ways pa po ba? Kasi tingin ko malaki ang magiging charges nito.

mk4

legendary

Activity: 2870

Merit: 3873

📟 t3rminal.xyz

It totally depends, bakit mo balak i-convert in the first place?

1. If icoconvert mo rin lang sa BTCB, then why not BTC nalang para mas safe?
2. If balak mo i-convert to other BEP-20 or ERC-20 tokens dahil tingin mong tataas ung price ng token na bibilhin mo, then sure.
3. If gagamitin mo pa ung BNB in the future para pang convert, at hindi ganun karamihan ang BNB mo, then probably not.

Sa huli nakadipende nalang kasi kung ang intention mo for holding these coins is for the utility ba, or price speculation, or something else. Whereas ikaw lang nakakaalam sa sagot. Grin

MrDangem

newbie

Activity: 5

Merit: 0

Good day po sa lahat,

For some fortunate circumstances nag karoon po kasi ako ng kaunting BNB token under BEP-20.

Tanong ko lang po sana, since convertible po sya worth-it po bang e convert sya into BTCB? or other BEP-20 or ERC-20 coins?

Since it requires BNB to fuel the conversion/swap/transaction worth it parin po ba?

I did a little research but I still want to get more insights and wisdom from my fellow countrymen.

Topic: Need Advise po Regarding BEP-20 & BNB. (Read 126 times)