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Topic: Why is Binance Coin a good choice to HOLD? - page 21. (Read 20445 times)

jr. member
Activity: 126
Merit: 2
Binance has a huge competitive advantage over Bittrex and Polinex, and in my opinion, it looks like it's got a better business model. The vast majority of reviews I see from traders about Binance are from happy customers. The trades that I've carried out on Binance have been really quick.
jr. member
Activity: 130
Merit: 1
Because as Binance gets profits; as Binance is making money on the exchange, they're actually going to go buy their own BNB coins back. With the money that they make, they're actually using it to go back and buy coins. Once they have purchased BNB coins back, they will then destroy those coins so that there are less BNB coins available
member
Activity: 397
Merit: 10
Binance coin has come against binance exchange. And almost every crypto lover have known this exchange name and day by day binance coin's value is increasing. Because it has a good project and an active team. They always try to modify their project and invest new era of crypto. So I think binance coin is very good choice for holding.
full member
Activity: 700
Merit: 100
binance has additional advantages while they developt their own blockchain.as biggest and reputable exchanges binance chain will used by many projects later.and it will be most used platform beside ethereum .
not necessarily like that, where the binance blockchain will be different from ethereum blockchain. they must develop from the start, for their new blcokchain and their platform. all depends on how later the binance blockchain can be accepted by the new project market, which may be able to differ views regarding how to use it.
member
Activity: 672
Merit: 32
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
Binance's exchange shares go up because Binance users are getting higher and wider, that's the basic reason. likely because of a solid team and the intention to run it. not looking for profit from bad ways. there was an exchange that in my opinion was quite promising but failed because one of the teams cheated. the point is that teamwork is also needed in any project
member
Activity: 464
Merit: 10
I agree with your opinion. I would add that many projects already announced migration to Binance Chain, which is very good for Binance ecosystem and BNB value.
Indeed, with many token migrate to Binance Chain, it could be the next ethereum. Binance already known as biggest exchanger and with DEX, Its attract many project to migrate on Binance Chain to increase their daily transaction volume
binance has additional advantages while they developt their own blockchain.as biggest and reputable exchanges binance chain will used by many projects later.and it will be most used platform beside ethereum .
member
Activity: 714
Merit: 14
Although I'm not a holder of Binance coin, BNB, I can vouch for this coin. I have friends who have made huge sums of profit for investing in BNB. They bought BNB when it was $10 and some bought it when it was $15. The fact is, coins with working products which is in high demand like the BNB are capable of rising due to the patronage of the product.
member
Activity: 700
Merit: 10
I agree with your opinion. I would add that many projects already announced migration to Binance Chain, which is very good for Binance ecosystem and BNB value.
Indeed, with many token migrate to Binance Chain, it could be the next ethereum. Binance already known as biggest exchanger and with DEX, Its attract many project to migrate on Binance Chain to increase their daily transaction volume
member
Activity: 476
Merit: 10


BNB proved it`s high potential during the bear market as it was going against the overall trends
and was increasing during these challenges period.
Binance is supporting BNB in all possible ways and it has a great use case.
legendary
Activity: 2982
Merit: 1028
Well maybe because Binance never dissapoint his users and keep do what they say and this help the Binance coin to have a good value and people buy and hold it because is possible to grow more.

I kept some coins and I had a lottery ticket for the next sale of Matic tokens. I hope luck is on my side
That's one of the features when you have good numbers of BNB, you have that ticket if getting lucky you'll be able to participate with the IEO's where chances to earned good for this new way of investment occur, good luck to you, it will be decided when the IEO's will take place and holders of ticket will have their respective chance if being selected to be  picked.
hero member
Activity: 1008
Merit: 501
Well,  the best way to know if a coin is good is by checking the team behind the project, check their commitment to the project and you will know what the project will turn out to be in the nearest future, one thing I like about the binance team is their commitment towards making sure to see their project grow and I am glad I made purchase of their token and will continue to hold until it gets to the moon.
full member
Activity: 588
Merit: 100
Today, this exchange shows a very successful development, I see that now they are promoting the idea of ​​IEO, this is how they show real opportunities today. I see that this is a really cool project and probably this is already a brand. Because they were able to show reputation.
full member
Activity: 1204
Merit: 104
well, binance is one of the biggest and trusted exchanger at the moment. we know that when a coin goes into binance, the value will increase. well, BNB is a coin produced from binance, so it has greater potential when binance is bigger than it is today.
Of course, no one will argue with you that the binance is a very good and rated exchanger, but as for their token, here the opinion is twofold among most users of cryptocurrency.  Many analysts believe that BNB artificially increases its price, primarily due to the information policy.
member
Activity: 1078
Merit: 10
I agree with your opinion. I would add that many projects already announced migration to Binance Chain, which is very good for Binance ecosystem and BNB value.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
well, binance is one of the biggest and trusted exchanger at the moment. we know that when a coin goes into binance, the value will increase. well, BNB is a coin produced from binance, so it has greater potential when binance is bigger than it is today.
hero member
Activity: 1008
Merit: 500
Well maybe because Binance never dissapoint his users and keep do what they say and this help the Binance coin to have a good value and people buy and hold it because is possible to grow more.

I kept some coins and I had a lottery ticket for the next sale of Matic tokens. I hope luck is on my side
hero member
Activity: 1414
Merit: 516
Well maybe because Binance never dissapoint his users and keep do what they say and this help the Binance coin to have a good value and people buy and hold it because is possible to grow more.
legendary
Activity: 2884
Merit: 1117
Binance has been the second most favorite coin I have ever seen, I love their team, very hardworking team and extremely intelligent, I love the strategies they use in handling their business, and the strategy they are applying is making it difficult for people to dump the coin without imposing it.

This coins is really a coin that I still will be on in the market for a very long time, their fees are highly competitive and I don’t think any other exchanges are capable of beating this fee yet, and finally, it is a coin I so much rely on too aside BTC and USDT as a utility token. So Binance really does not have any issue and cannot have a collapsed system.
hero member
Activity: 2660
Merit: 651
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I think BNB is a very good coins and it had good potential. BNB is growing day by day and people taking interest in it. so you can buy it for long term.
Almost all crypto currency are experiencing growth on price and I don't see anything tangible in BNB that make it a very good coin with good potential as you said because it just the same as coin created by others exchange site which was purposeto pay the fees levied by Binance exchange for using the services.
legendary
Activity: 2674
Merit: 1048
The prices cryptocurrency depend on people who trust it. You may know the current situation of binance, most people know it and I saw in many thread if there is someone who ask about an exchange then there are many people who will suggest to choose binance. This thing will make many people interested to binance coin and can be ascertained they will buy and hold it. Binance has a large community and I guess it will makes the price binance grow up.
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