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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131466 times)
MiBambino
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October 08, 2017, 07:35:04 PM
 #721

Does anyone think BNB can ever recover to its ATH?

Yes, the platform is adding new coins every month, which will drive overall volume up really high, which will in turn create more demand for the transactioncoin that is bnb

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October 08, 2017, 07:58:47 PM
 #722

I agree, Binance is growing very quickly, and despite the fact they are an eastern exchange the 80% of their users are western, so it's very famous. And in the meantime there are the "old" exchanges such as Bittrex and Poloniex which are not doing that well: Bittrex doesn't add any new coins, actually they are delisting 5, and Poloniex well, a lot of people are leaving it because of the bad customer service and various problems with withdraws, frozen accounts etc.

If Binance keeps going in this way they could become the best exchange.

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MiBambino
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October 08, 2017, 08:37:50 PM
 #723

I agree, Binance is growing very quickly, and despite the fact they are an eastern exchange the 80% of their users are western, so it's very famous. And in the meantime there are the "old" exchanges such as Bittrex and Poloniex which are not doing that well: Bittrex doesn't add any new coins, actually they are delisting 5, and Poloniex well, a lot of people are leaving it because of the bad customer service and various problems with withdraws, frozen accounts etc.

If Binance keeps going in this way they could become the best exchange.

Bittrex is fucking things up, if they plan on delisting NEO because gas could be considered a dividend, it won't be long until Binance becomes the worlds best exchange (which it already is in my eyes).

imusify
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October 09, 2017, 01:40:06 AM
 #724

i think the coin burn is allready done? Or when would that be.
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October 09, 2017, 02:58:21 AM
 #725

i think the coin burn is allready done? Or when would that be.

I don't know when they buy from the market and burn them. But I think it'll be good experience for them and us Cheesy
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October 09, 2017, 07:16:03 AM
 #726

i think the coin burn is allready done? Or when would that be.

As stated in official information:

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.

So it won't happen secretly  Smiley

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October 09, 2017, 07:25:33 AM
 #727

i think the coin burn is allready done? Or when would that be.


There is no certain date, the only thing I know is that it will be around the 14th of October.
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October 09, 2017, 07:47:22 AM
 #728

i think the coin burn is allready done? Or when would that be.

As stated in official information:

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.

So it won't happen secretly  Smiley


thanks for this share mate as I'm using binance as of now and it feels like using trexx when the service still not been so strict, binance have a bright future
ahead considering those investment that has been raise and now that the exchange gaining popularity for sure holding your tokens will allow you to really
compensated with big profits.
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October 09, 2017, 09:08:01 AM
 #729

Binance added Metal MTL
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October 09, 2017, 11:17:19 AM
 #730


For several months I have said that Binance exchange will be among the first three exchanges in the world, perhaps shortly after Bitfinex and Bithumb, by the end of 2017.
It has many advantages that other exchanges do not have, such as ease of daily use, low fees, continuous addition of new coins (which often other exchanges do not quote), but what I like most is the speed of their customer support and Fast Document Approval: If I have a problem and write to support, they will respond within 3-4 hours ... and to approve the documents it takes up to 2 days.
Try doing these two things with other exchanges, such as Polinex  Embarrassed

Binance coin will grow parallel to the growth of the exchange, and easily will reach and will exceed its old ATH in Bitcoin by the end of 2017.
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October 09, 2017, 11:29:32 AM
 #731

At first time i see it i dont think binance will defeat bittrex and other old exchange. Bit after i use it for trading i really like it more then bittrex and poloniex. I believe binamce will defeat them some day. It will takes time like ant attacking an elephant, elephant will goes down in the end.

A few months ago poloniex was the best exchange and everyone wanted coins to be listed there, but now it has changed to Bittrex. Soon it will be Bittrex + Binance as the top exchanges for all coins. Then when they realise Binance is cheaper to trade on, it will overtake trex!

I think nothing is predictable in the market because it completely depends on the security measures they take and support staff should very active in order to solve issues frequently and as soon as possible.
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October 09, 2017, 11:47:25 AM
 #732

At first time i see it i dont think binance will defeat bittrex and other old exchange. Bit after i use it for trading i really like it more then bittrex and poloniex. I believe binamce will defeat them some day. It will takes time like ant attacking an elephant, elephant will goes down in the end.

A few months ago poloniex was the best exchange and everyone wanted coins to be listed there, but now it has changed to Bittrex. Soon it will be Bittrex + Binance as the top exchanges for all coins. Then when they realise Binance is cheaper to trade on, it will overtake trex!

I think nothing is predictable in the market because it completely depends on the security measures they take and support staff should very active in order to solve issues frequently and as soon as possible.

I think Binance will increase and enter the upper classes as long as they do not recklessly accept new coins, many markets rely on quantity in response to polo and bittrex movements that impose market quality.

depending on what Binance wants to enter in which class is because both are equally profitable, the market that will get more transaction volume is the market that implements the reputation+quality.

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October 09, 2017, 11:48:35 AM
 #733

Binance added Metal MTL

they're adding coins left and right lol

imusify
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October 09, 2017, 02:28:47 PM
 #734

We have added Binance exchange and Binance coin to CoinCodex.

Your website is under ddos or why is it loading so slow?
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October 10, 2017, 11:16:52 AM
 #735

guys, who knows, does binance have plans for adding new coins? when and what coins will add?

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October 10, 2017, 11:50:02 AM
 #736

guys, who knows, does binance have plans for adding new coins? when and what coins will add?

If you follow their twitter you'll know just as much as anyone

imusify
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October 10, 2017, 03:22:02 PM
 #737

is binance DEX? Why binance did make coin?
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October 10, 2017, 04:17:13 PM
Last edit: October 10, 2017, 07:13:07 PM by Bonanzacoin
 #738

Would it be smart to buy in just before the coin burn?

Edit: its allready pumping a bit... i suspect this will go over $2 shortterm..
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October 11, 2017, 11:25:29 AM
 #739

Would it be smart to buy in just before the coin burn?

Edit: its allready pumping a bit... i suspect this will go over $2 shortterm..

yes it would, but be careful it hasn't already been pumped a bit in anticipation of the burn

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October 11, 2017, 04:06:31 PM
 #740

Hope bnb pump this weekend
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