Bitcoin Forum

I don't see any topic about this and that's why I want to make one ,I have no connection with this project,I got information from Antshares community.

https://www.binance.com/en.html (https://www.binance.com/en.html)

White paper:https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf (https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf)

ICO (Over)
Binance's token is the Binance Coin. A strict limit of 200MM BNC will be created, never to be increased. BNC will run natively on the Ethereum blockchain with ERC 20. Every quarter, we will use 20% of our profits to buy back BNC and destroy them, until we buy 50% of all the BNC back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNC, leaving 100MM BNC in circulation.

Flash Sale Starts in 2 days.

Mooning now. It's like binance love-child as they only have a few coins listed.

No fees ;D ;D ;D

Nice exchange, fast and beautiful...

I'm a bit confused, is it BNB or BNC?

Of course it is BNC man. I think it's obvious  :P

Currently 0 fees to  August 24th, then you could use BNB for 50% discount on fees...great, will rise...

a lot time before ICO start ,keep watching ,need more infomation

https://binance.zendesk.com/hc/en-us

Great platform, I do some investment, fast withdrawal, no problem at all...

Interesting white paper. I will follow along here.

"Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100MM) back.  All buy-back transactions will be announced on the blockchain.  We eventually will destroy 100MM BNB, leaving 100MM BNB remaining."

"In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent."

Cool didnt know that! It's 12000 satoshi now. Tripled in 4 days.

where you find this?

https://binance.zendesk.com/hc/en-us/articles/115000773732--Free-Trade-Fee

Register and Verify to Get 1 Qtum - free!

Fee for trading
0.1% trading fee

If you have BNB, you can choose BNB to deduct 50% trading fee（temporary）. Details please see

Historical data for Binance Coin
Currency in USD   Jul 14, 2017 - Aug 13, 2017
Date   Open   High   Low   Close   Volume   Market Cap
Aug 12, 2017   0.392193   0.475992   0.337589   0.446365   5,080,760   39,219,300
Aug 11, 2017   0.348785   0.409654   0.311067   0.392572   4,413,920   34,878,500
Aug 10, 2017   0.251827   0.349976   0.245052   0.349079   4,118,070   25,182,700
Aug 09, 2017   0.224748   0.260625   0.222158   0.242912   3,075,320   22,474,800
Aug 08, 2017   0.148998   0.226925   0.147766   0.224421   2,617,340   14,899,800
Aug 07, 2017   0.133958   0.149765   0.133300   0.148848   748,177   13,395,800
Aug 06, 2017   0.129293   0.132988   0.127380   0.130999   393,681   12,929,200

100m volume in just over a month... solid team and business plan.

https://www.binance.com/trade.html?symbol=BNB_BTC

It is listed on CoinMarketCap as BNB. What is BNC?

https://twitter.com/binance_2017/status/882112347216543745

I see that Binance Coin (BNB) has been added to Yobit as well.

Anyone successfull in using their account/trade api? A nice bounty for who can help me through the signing process in javascript or php.
https://www.binance.com/restapipub.html#user-content-signed-endpoint-security

Do you plan to leave a 50% discount to Binance holders for trading?

Binance is a great coin, especially with the 50 per cent trading discount. Will be interesting to see if it holds its value when in the fifth year (I think) the trading discount is wiped. I suppose the main advantage then will be in buying into some of their ICO's.

And what will happen when all the remaining 100M Binance are spent?
Will they release 500m more or Binance Cash for example?  ;D ;D

I'm wondering why this announcement is so unpopular.
I saw super huge volumes in Binance exchange on BNC / BTC pair one week ago.
Love these chinese fake volumes and huge profits  ::)

I think Binance Corner can be a very good bet.

They have impressive volumes even though they have been around for a short time. Large projects are added on the exchange. Even though there are also some Chinese shit. But Poloniex and Bittrex also have shit!

2 points will impact the demand and offer of Binance token.

- Reduction of 50% of the fees if you pay them in Binance token. The system is very well done. At each trade, you are asked how you want to pay your fees. This will encourage the use and therefore the purchase of Binance token.

- Buying and destroying Binance token every quarter is just huge. Given the benefits of trading platforms, I think the buyouts will be very important and will reduce the amount of Binance available ....

As long as I could buy, I will buy Binance token, I think the potential is very great!

My opinion about Binance, and Binance's future, ru lang, u can use sub
https://www.youtube.com/watch?v=0MxRYSjlO20&t=0s

Do you or anyone know a date for the first rebuy by them of tokens to destroy them?

In slack, CZ said October 14.

He also said they're still holding all the BNB they collected as fees.

This means for the "rebuy", they will simply transfer some of the BNB they are already holding to a burn address.

i think cobinhood can be better than binance coin in local future !
check my video review guys  ;)
https://www.youtube.com/watch?v=iccsIYQw72o&feature=youtu.be

I am in with Binance Coin above 2$ but now its trading at 1.39$ i can see it can be big coin but currently i see because of China bans on ICO's and exchanges as well(Correct me if i am wrong) i don't think the price can go up.But overall experience with Binance is good as sell and buy orders are executed well.

Binance Coin is one of the few coins where a real product and use case backs the value of the coin. So in this case I would say you can safely hodl and wait for it to rise (unlike other coins that will be worth nothing in a few months)

The developement of binance is very impressing, there are already more than 100 coins added to their platform. It seems like a very promissing project with a bright future.

"Cryptocurrency exchange Binance has claimed the top spot in regards to trading volume in digital currencies. According to Binance, the crypto exchange is now the largest in world having fulfilled trading volume of $2.8 billion since Tuesday. The milestone  takes place just 5 months after platform launch and is indicative of the rapid rise in demand as more investors jump into the cryptocurrency arena. The Japan based company recently stated they had now reached 2.9 million users on their platform since their launch in July of 2017. While some exchanges are struggling to execute transactions with several closing exchanges to new traders, Binance appears to be better equipped to handle the volume."

Seen at: https://www.crowdfundinsider.com/2017/12/126398-largest-cryptocurrency-exchange-world-binance-claims-top-spot-2-8-billion-traded-just-days/

https://bitcointalk.org/index.php?topic=2667100.0

Make sure to reap the extra benefits when signing up with Binance in the thread.

Binance certainly has been working hard to provide a reliable platform and addition of cryptos.

https://medium.com/digital-alchemy-holdings/binance-the-fastest-profitable-unicorn-in-history-d71dc659dc44

Binance Coin is probably the best investment out there. 1 million new users in 7 days!! 4 BILLION daily volume. DAFUCK. Binance Coin only listed at a market cap of 1/5th of the DAILY volume! HOLY COW....

We have added Binance Coin to the new Exchange: https://www.dinerocadames.com/exchange/?market=BNB_BTC (https://www.dinerocadames.com/exchange/?market=BNB_BTC)