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Topic: Why is Binance Coin a good choice to HOLD? - page 17. (Read 20423 times)

member
Activity: 714
Merit: 14
Binance coin is a good coin to invest in because it has got all that it takes for a coin to survive and rise in price on the market. A coin with a working product which is highly in demand is capable of rising in price. Binance exchange is one of the largest which is highly used by most traders and investors.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Most of the topic now are talking about the binance coin because the coin increasing high and have a good project people saw to this coin and even me and Im holding because because base to my researchallast few months ago this coin become hundred dollars this year or more or thousands dollars after years from now.
If there will be a more good product created by binance and that will bring a lot of value to the BNB coin remember about the fact that IEO of binance has been getting a lot of attention. All of business created by binance is a million dollars business.
hero member
Activity: 1834
Merit: 523
Most of the topic now are talking about the binance coin because the coin increasing high and have a good project people saw to this coin and even me and Im holding because because base to my researchallast few months ago this coin become hundred dollars this year or more or thousands dollars after years from now.
member
Activity: 448
Merit: 12
Binance is building an ecosystem with a decentralized exchange included. BNB token is used everywhre on the Binance platform and we can enjoy different benefits by holding it. There is demand for BNB and that is driving the price up.
full member
Activity: 1260
Merit: 103
The OGz Club
indeed a good choice for holding the BNB now, because BNB has good potential and prospects, BNB also has rapid growth,
many investors are currently interested in investing in BNBs, BNBs are potential coins that must be owned
hero member
Activity: 1470
Merit: 504
because bnb makes one of the coins that is indeed profitable if we trade in the binance exchange besides the bnb hold is also not detrimental if we see the price movements always show an increase
member
Activity: 686
Merit: 30
i think because binance is huge exhange , and no to easy to listing on that , so yeah the coin that can go there is worth to hold
jr. member
Activity: 57
Merit: 1
Binance is actively trying to capture institutional capital, is creating fiat-crypto gateways all over the globe, will launch a second and decentralized exchange, has a token economic model based on increasing demand whilst reducing supply, and is the industry’s favorite exchange position. This all provides the BNB token with a strong case as to why it still is a solid token to hodl even though times are tough for the industry financially.

It will be an even more exciting coin to hodl once the bulls will return and institutional capital will start flowing into the space through Binance
full member
Activity: 1022
Merit: 106
Of course, the value of the token directly depends on the prospects and relevance of the trading platform.  Today I met the information on the network, where binance administrators declare the possibility of confiscating their users' funds.  I did not understand how this can happen if the trading platform was initially declared as decentralized.  On the net, they began to discuss this issue very vigorously.  If someone is interested, he can find relevant questions and answers regarding binance and the possibility of confiscating user funds under certain conditions.
I also met such news. I think that Binance  will tighten conditions for users from the USA. This is one of the leading exchanges in the market with high liquidity and trading volumes. Binance will continue to is proving develop their BNB that now it's in trend and its price is  increase.
member
Activity: 630
Merit: 14
Of course, the value of the token directly depends on the prospects and relevance of the trading platform.  Today I met the information on the network, where binance administrators declare the possibility of confiscating their users' funds.  I did not understand how this can happen if the trading platform was initially declared as decentralized.  On the net, they began to discuss this issue very vigorously.  If someone is interested, he can find relevant questions and answers regarding binance and the possibility of confiscating user funds under certain conditions.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
Because it is binance's coin.

Coin has great purposes but even without them, binance won't let it to die. Value of the token means prestigious for binance.
i agree with you Binance exchange will not let their own exchange coin die easily, BNB is a great altcoins, maybe it has not much value in real life but it can useful for traders to minimize to fee everytime they trade on Binance exchange, moreover BNB is great altcoins for holding long term when Binance usually burn BNB everyyear to increase the value of BNB, so as an investors we can have huge profit from holding BNB.
full member
Activity: 602
Merit: 105
Because it is binance's coin.

Coin has great purposes but even without them, binance won't let it to die. Value of the token means prestigious for binance.
hero member
Activity: 1008
Merit: 500
Binance is proving there worth this year and they are trying to reach higher level by creating own chain ,this alone as proven that bnb token will surely surge in price so if you don't want to missed out its better you have some in your portfolio

I'm not at all sure that this will happen. To keep the price of the token in this market, you need to constantly support it with good news and benefits. News after all can end? Or become negative
jr. member
Activity: 280
Merit: 2
☀️ Iskra Coin ☀️
Binance is proving there worth this year and they are trying to reach higher level by creating own chain ,this alone as proven that bnb token will surely surge in price so if you don't want to missed out its better you have some in your portfolio
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
BNB is a good coin to hold because binance keeps developing their platform at intervals with the new ststem of IEO of which you need thr binance coin to participate will drive the value and price of the token high. Of which holders of the token will benefit much from its price surge. We have already seen that only BNB has been able to smash its 2017 ATH before the bear market
member
Activity: 532
Merit: 17
Kiss First, BNB has the advantage of being a coin master of the exchange. And the crypto trading floor is the project that has the longest living ability, compared to other utility token projects.
 Kiss Second, Binance Coin itself has proved to be safe (safe heaven) after many adjustments of crypto market, although it cannot match Bitcoin and Teether (USDT).
 Kiss Third, the Binance Coin is also the leading coin when it is possible to reduce not much during the time when the market adjusts, and increases the fastest when the market recovers. Stock Traders in the stock market always prefer the leading stock like this.

So what about you?  Wink

I am agree that BNB is the best exchange coin among cryptocurrency exchanges.
But not just that. BNB value is high because the dev of Binance care about their token.
They buybacking and burning the token periodically, which can make the value even higher from time to time.
hero member
Activity: 1358
Merit: 509
Because lately BNB tokens have shown very smart growth, due to the integration of IEO and I think that, in general, this will continue, because there are some reasons for this. They continue to develop cryptocurrencies.
BNB will survive as long as Binance is. But can you imagine what will happen in the first mistake of Binance? There has been a good increase in recent days and it seems to be continuous. But, risks should always be considered.
full member
Activity: 728
Merit: 104
Because lately BNB tokens have shown very smart growth, due to the integration of IEO and I think that, in general, this will continue, because there are some reasons for this. They continue to develop cryptocurrencies.
hero member
Activity: 1008
Merit: 500
You said it all, and to add; Binance exchange is filled with experienced and hardworking team who are always ready to test and Implement new things. It is only when a project is looking for ways to explore more options will it be valuable and this is the case of Binance.

Yes, I know that they have a special unit - the Binance lab, which is developing new products and finding new opportunities for development. Generally it is a whole ecosystem.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
You said it all, and to add; Binance exchange is filled with experienced and hardworking team who are always ready to test and Implement new things. It is only when a project is looking for ways to explore more options will it be valuable and this is the case of Binance.
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