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I use Hotbit exchange and I really like it. For my part, when I see a new project have listed its token in Hotbit exchange I will have no doubts about that project! I say this because I have used Hotbit for a long time and I have never seen anything suspicious with this exchange.
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I think Tron developer should establish or create their own platform in form of an exchange be it centralized or decentralized in a bid to promote Tron network to more users, it's very obvious the network is fast and cheap but hasn't got widespread popularity in cryptocurrencies.
If Tron developers create their exchange then it will be much easier to grow the TRC20 network and it will get a lot more stakeholders. I would love to see a CEX exchange from Tron because they already have JustSwap on the DEX side and I see it working well, if they can create a well-designed and secured CEX exchange similar to Binance, Gate, then they will go far. |
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Personally, I used to trust Nafty a lot, but for what it did to bounty hunters I lost faith in them! They claimed that their first bounty was full of fraudsters so they decided to recalculate the stakes they received from Sofico on the bounty spreadsheets. But the sad thing is that Nafty decided to pay the bounty hunters very contemptuous rewards! I mean I was supposed to be paid $340 worth of Nafty but I was paid only $6 !!!!, others were supposed to be paid $200 but they were given only $0.5 now what is this if not a scam?!!! To this day they do not respond to our complaints!
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I've brought up this topic because I believe there are many people who are capable of doing something but they fail because of their strangeness, I believe there are graphic designers, website designers, Translators, and so on. But they are not given a chance because they have just started offering their services so they do not have any past works to use as proof of what they offer. This has been a challenge for many including me! I ask for advice on this, dear friends.
Suppose a person is a graphic designer, and he decides to post his services here in the forum to get customers, but that person has just finished learning graphic designing so he has never worked for a single client! Now the challenge comes when the person creates his post here about his services and some people start asking about his past works while he just finished learning and he is trying to get his first customer here!
Do you think it would be easy for that person to be trusted if he had never worked for a client before? How would you interpret this person, would you dare to give him your work?
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Tron has a cheaper and quicker network but they don't have much popular defis and dapps while on the other hand, BSC dominates in the number and volume held on defis, farms, pools and also in dapp gaming. Polygon has came up as a competitor to Binance chain but they have a clear domination. I don't know what's stopping people to create similar defis and dapps on tron ecosystem. The underlying programming for tron which in a way is different than Ethereum might be one of the reason as most developer are familiar with Ethereum dapps and its compatible to Binance chain.
I really can not say one is best over the other since despite their similarity as network they still have little differences, perhaps one has cheaper transaction fees than the other, in my own case, I haven't done any serious transaction with the tron network maybe one or two, but bsc on the other hand there are many projects develop on the network like you already said, so bsc I would say has the upper hand in terms of more usage than tron network (this is base on my observation there is no statistical data attached to it)
Can dapps, defi, NFT works on Tron ? Even if they can Tron is just less popular in the eye of developers, Tron has the cheapest and fastest network but lack of popularity makes it less attractive to developers, BSC and Polygon network wins over Tron hands down.
I can't prioritize one of the two networks. It's about which network is currently launching the most projects? Tron or BSC? when it comes to low cost levels and speed time then both are equally fast and you don't end up wasting a bottle of beer.
As for if you really want to know the speed level comparison is only there when the way are you talking about sending between private wallets or sending from one exchange to another?
We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
Tron and BSC are currently two blockchain networks with low transaction fees, and the block confirmation speed is also very fast. Although the Tron smart contract network was developed earlier than the BSC, the adoption of the BSC network was superior to that of Tron. This is because most of the projects launched on the BSC network have been successful. Perhaps investors see the value and advantages of successful BNB in crypto investing. Tron is in decline at the moment, even from the best rankings continue to slide down. But we know that the price of Tron will rise, and the value of Tron will also increase in the future. Whale has not attempted to pump Tron coins. Technically, both are excellent, with low transaction fees and the fastest transaction times, but BSC is my preferred blockchain. The reason for this is that most successful projects, particularly NFT games, are currently in BSC. I haven't done any transactions in Tron, but I believe it's evident that it's less popular than BSC, which is why few projects just use the Tron Network, thus BSC is the superiority if you ask me because it's the one I use.
I don't have a problem with other blockchains because I'm happy with the one I'm using right now.
Tron network and Binance Smart Chain has faster transaction network. Both transaction gas fee are very low.I think, Binance smart chain is a lot of hype.Most people like BSC transaction network.I personally use in BSC network. But thoose Network transaction fee too much cheaper.
I have read all these comments slowly and found something;
- Tron and BSC networks are both acceptable and reliable
- Tron network leads in lower fees compared to BSC
- Both Tron and BSC network has quick transactions
- BSC has more features than Tron
- BSC has more Dapps than Tron
- BSC has more successful projects than Tron
- Many people trust BSC more because of Binance exchange and BNB coin
- Many people still trust Tron because of USDT-TRC20 and TRX
So here we can say there is a ratio of maybe 70% to 30% against Tron network and BSC network. All in all, they are all good and reliable networks. They all have their pros and cons, personally, I use them all! Thank you all for your feedback. |
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We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why? The basic reason why majority of the projects are using BSC network is simply because of the ease of deploying them and the liquidity they can get if they list them in PancakeSwap. I am yet to trade in a Tron specific DeX and hence i cannot comment on that. Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other? For USDT i usually use the Tron network as the transaction charges are really low while the rest of the networks have a much higher transaction charges. Everyone who transact wants to give the smallest fees possible and whichever network provides them, i will choose them. Sure! I think it's very easy to list a token on Pancake Swap and get liquidity from BSC stakeholders that's why we see new projects almost every day. I do the same, most of the time I use USDT-TRC20 to keep my money because Tron has the cheaper fees, and the giant exchange "Gate" does not take anything from you when you withdraw USDT-TRC20, I mean 0 transaction fees but you must pay when withdraw USDT in BEP20 or ERC20. |
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Can dapps, defi, NFT works on Tron ? Even if they can Tron is just less popular in the eye of developers, Tron has the cheapest and fastest network but lack of popularity makes it less attractive to developers, BSC and Polygon network wins over Tron hands down.
BSC would always stand in top of those you've mentioned because it's backed by the great platform (Binance) which brought more traffic by its large popularity. The same apply for Polygon and other networks who compete with BSC. Note that BSC has significant use-cases than other networks and even Ethereum network seems to be lacked a lot of development stuff to compete with it. The result of such comparison becomes trivial, as the BSC made giant steps in a too short period of time. Probably its because BSC with Binance names more popular than Tron itself, also the address model of BEP20 is similar to ERC20 which is make the adoption from Ethereum to BSC is smoother than TRC20 on TRX network.
Bsc is more popular because the BNB token and the market they have have a very large trading volume while Tron is not popular enough and if we look at the transaction speed of the two tokens they have a fairly fast transaction speed but in terms of transaction fees it is clear Tron provides a very cheap fee but if Tron develops Dapps and trading platforms such as Defi and NFT there may be several new projects that will enter the Tron network and in my opinion Tron is much better than BSC with the same composition.
Very strong points! I think apart from everything we talked about, but the value of Binance is what has given BSC so much power and made it so high because Binance is trusted by so many people in the world. It is very difficult for the Tron network to achieve the value that BSC has achieved because of the Binance exchange and Binance coin (BNB)! |
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BSC has been more hyped, has way more pegged tokens and after all has so many features, bridges etc that they won the war against all other smartchains. I personally have a much smoother experience with BSC, especially since I can use it with Pancake Swap easily. A better experience overall imo.
When you mentioned Pancake Swap, it reminded me that I like using BSC more than Tron  Absolutely, I think many projects choose BSC because it has many features for both project owners and investors, also it's very simple to use especially when you use it with exchanges like Pancake Swap and so on. I really like Tron because it has cheaper and quick transactions but I think they need to add some new features so that it can be on top as well. |
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We all know that Tron & BSC networks are very popular in the crypto world and very trusted, but in reality, we see that many new projects use BSC network more than Tron network, why?
Based on the experience you have gained from knowing these two networks, which do you think is the best between Tron and BSC? And why do you think Tron or BSC is the best than the other?
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After seeing this information I immediately took my coins from Binance and transferred them to another exchange. I have a voter ID, but Binance needs a driver's license due to the country I am in because KYC rules also differ from the laws of the countries they provide their services, so I will use Binance again from December because that is when I will get my driver's license and verify my account.
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Staking is a good method to earn money by holding your cryptocurrencies to an exchange. But I recommend the top exchanges and secure in staking like BlockFi and Crypto exchange, there are many exchanges where you can stake and earn but those two are the best for me because they have good returns even in staking stablecoins.
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
You can use Trading View indicators, though they'll not help you in 100%, they'll give you a little idea about the markets of a coin that you want to trade. The best way for a technical indicator is to learn how to do technical analysis by yourself without using indicators. |
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A discussion to express your views and perspectives on the future economic fear between two class of people in the society, the rich and the poor.
-I have often heard that there's an even greater fear with getting money, who do you think has more fear about the future?
(A) The Rich man who has tasted the good things of life and enjoying the best, now he has to face the fear of the possibility of suddenly loosing all he possesses and becoming poor? Or
(B) The poor man who has not enjoyed anything in life yet, just surviving and facing the fear of an unknown future, thinking if he is ever going to be in a better position or the suffering is going to continue?
I think both of them have fear for their future because every side has its challenges! A rich person may not only fear becoming poor in the future but also fear being robbed and sometimes even getting killed by jealous people who are lazy to find their own things! Also, a poor person has a lot of fear because sometimes they feel like quitting when they try with all their power but they keep losing, sometimes they can't afford even $5 to buy food for their families so they fear how they'll survive even for the next 24 hours! |
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What do you think can be the biggest threat for Bitcoin in current situation? In my opinion it can be only some sudden governments shift in regulations and laws to ban Bitcoin (which I don't really think may happen), otherwise there are basically no obstacles or threats.
Of course yes! It'll be very bad if some governments will start banning Bitcoin at this moment because it seems like it's the moment that Bitcoin got recognized by many people compared to the past..."Growing". Another biggest threat to bitcoin is if giant exchanges like Binance, Gate, Blockchain, and so on will be hacked. I always pray this to not happen because Bitcoin already changed my life by 50% |
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Ever noticed how people would boast or proudly proclaim (or at least used to) that they invest and trade stocks, but they don't feel the same way about crypto, as if it's a secret never to be shared? Why is that?
The problem comes when you tell someone about Bitcoin and they see you as a fraud! This has happened to me so many times and I have found myself hating telling a lot of people about Bitcoin except my family and my closest friends. If you tell someone about the benefits of Bitcoin he really likes it, but when you get to the risks section, then you will hear them say "Now that's not a scam?", "When did you start that stupidity?", "Stop wasting your money!" So personally it is better to be greedy to share this Bitcoin opportunity than to continue to receive such statements! The funny thing is that I receive harsh words from people I am trying to help them!!! |
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I've learned something here; first is patience and second is plan. It means if I start investing in BTC with a such plan, then I just need to be patient to grow my capital. The problem is that things may not work the same for all people, so sad 🥺
Anyways, I really liked your way and I'll take my own risk to try it with $100.
This is why we all have to practice our own perceptions... investing in bitcoin is not easy, our mentality will be toyed with, if the price goes down then don't be afraid, hold on because the price will definitely go up back. Bitcoin is the best investment asset that is very suitable for long-term investments. Sure! I did a mistake and sell 0.3 BTC in 2020 at $20,000 because of FOMO, but now I understand I must be confident enough because BTC is not a shit coin. Thanks buddy! |
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