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Am yet to use Binance DEX, but if they are really Implementing KYC process, then I think that goes against what DEX stands for.
On the other hand, IDEX is the most easiest DEX to use, it is user-friendly with good user interface unlike forkdelta and etherdelta. And also, most coins that gets listed on IDEX tends to do well.
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Although it's been long I checked on Monero, but one thing worth knowing is that, every platform that keeps advancing will always be valuable. If Monero team is still working hard to maintain their aims and objectives, then the price of Monero will keep growing, although might not reach that target but will show signs of serious growth.
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That's certainly true, we should learn to be careful the way we invest. Not all hype projects turns out great, some didn't even list on a good exchange let alone achieveing what was stated in the whitepaper.
There are many scams, and the only way to play safe is studying the project before investing.
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I don't see this as a rival to Bitcoin. One thing we should know is that, Bitcoin didn't just grow, it passed through stages, passed through badmouthing and took years to get where it is now. So there is no project which can pass through the same phases as Bitcoin as the crypto space and the world is now kinda fair unlike when Bitcoin started.
Bitcoin has no rival as it is and will remain the top cryptocurrency.
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Yes truly am a witness, never thought I would grow to an extent with cryptocurrency.
Taking a look at the mistakes I made which later turns to serve as a good ground to grow, I would say the knowledge acquired thus, is worth it.
I believe with time, most people will get involved and the crypto space will continue growing tremendously.
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To start with, this crypto market is unpredictable so saying it will drop once deposit starts might end up going the other way round.
Secondly, BNB is one of the most valuable coins now as the team has shown evidence of their hard work in many areas, and this is what matters; that is when the team is committed to their project.
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Well in as much as price really matter, but the most important is what the project is aiming to achieve and the team behind such project.
The reason why most people complain about price is when the project gets listed and keeps dumping with the team not doing anything to assure investors all is well. But when the team is working and it is visible to all, most investors won't bother about price but the product.
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No it is not bad for us, infact this is what is needed so as to grow this space. We need more ideas, more existing platforms, more institutional investors etc, these and many more are what is needed to disrupt this world.
Just like in the world, no platform can grow on its own, it will need external bodies to come in, same is with the crypto space.
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Since this year the crypto market has been breaking all grounds and taking people by surprise. Also, comparing the market cap last year and this year you will agree with me there have been huge growth.
The market will continue growing while preparing for the anticipated bull run.
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A good look at Binance exchange will show you how the CEO aims to make Binance the number 1 in everything concerning exchanges and the results have been shown for all to see and judge.
In my own opinion, BNB is worth holding long term as the exchange still have more room to grow owing to constant updates etc.
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To start with Cryptopia isn't that a good exchange, maybe from my own experience.
Secondly, any exchange that aims to have high volume, must first have a good number of traders; now what will attract these traders is how efficient and reliable the exchange will be as well as their underlying products and services. A good example is Binance, Okex etc
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First, I hope you are well informed on the risks involved in every investment.
With that being said, ETH will be a good choice as the team have been working hard to ensure they improve their blockchain which is a good sign for more growth of the platform thus the coin.
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Have you tried to check yourself to know where you are going wrong. It could be through lack of trading knowledge which keeps limiting you from achieving your desired profits.
I think it will be better you take your time and learn trading, this way you will be safe.
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Yes there is hope for holders, but this hope only depends on what coin the person is holding.
Those holding or bought ETH and BTC early this year has been in good profit.
That is to say, we should be mindful of the coins we invest in so as to participate in what the future will offer.
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Owing to the fact coins are being saved on exchanges, exchanges have always been a target hackers, no matter how secure the exchange think it is. At least from Binance we have learnt the truth.
Therefore, it is wise to always keep our funds off exchanges to our wallets as no one can really say what will happen next.
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