Binance: $BNB The Future of Exchanges.

[Tyr808]

If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low

Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.

[Kyraishi]

$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.

It will definitely depend on how well the exchange performs. Since this coin is only good for when the actual exchange is attracting customers on a large scale, it has to do with how well they market their product and manage the system.

Also by buying this coin you're essentially betting against all the decentralized exchanges like XCP or BTS or even NXT.

But in the short term, if chinese investors do move to binance more, then i can see the price going up.

[hicaribou]

If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low

Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.

Why its not related? I have never used BNB token before, but a guy above said that its for 50% trading fees discount.
If the volume getting bigger, then it means there are so many big transactions there, then the 50% discount fees will be more valuable
The demand will increase as well as the price.

[karmakeddon]

Waoh thanks for the reply!

So it will be consume/pay when trading for fees discount?

Or as long as i hold an amount of Binance coin, i will get the discount in fees permanently?

Thanks

That is correct. Along as you have BNB, you can get 50% off transaction fees whenever you are trading at Binance. That point alone is a good reason to keep holding BNB. And by the way. Good job on releasing an app for Android. Makes it so much easier trading now on the go by just using the app.

[lokkom]

Why is bnb rising? It’s been the most stable coin in the alt market crash.

[suncokreten]

Why is bnb rising? It’s been the most stable coin in the alt market crash.

BNB is immune to the market conditions because it has a use no matter how bad is market performing. What I mean by use is that it reduces the fees for 50%, and trading will occur in both bearish and bullish market, so there' aways demand for it.

When you add this to the fact they are burning 100M (out of 200M tokens) quarterly with 20% of their profits, you can see why price tends to increase all the time.

[cygan]

Binance and QUOINE Announce a Strategic Partnership to Build Global Liquidity in the Crypto Economy

QUOINE is a leading global fintech firm providing trading services for Japanese yen, US dollar, Euro, HK dollar, Indonesian rupiah, Singapore dollar, Philippine peso, Indian rupee and Australian dollar. In September 2017, QUOINE Corporation became the first global cryptocurrency exchange to be officially licensed by the Japan FSA.

Binance CEO Changpeng Zhao commented, "We have been in constant communication with QUOINE and believe they have a professional team with abundant experience in banking and finance. It did not take us long to decide on having a strategic partnership with them, and we believe together we can provide global traders with a more comprehensive range of services. We hope that in the future, Binance will be able to enter into further collaborations with other exchanges for similar fiat-crypto co-operations."

[matasovic]

I think that binance can take over the bittrex in future. It has everything that bittrex doesn't and binance get upgrades every some time and is cleaner and with more options. Also I think BNB coin is nice to use for fees.

[TeddyT]

Does anyone know the required fees to get your tokens listed on Binance

[Call_Me_Bambi]

Binance and the forthcoming SegWit2x Bitcoin fork.

Binance have stated that "Binance would like to support any meaningful forks." Anyone know what this exactly means ?
Does it mean that Binance might support the fork if they think it's meaningfull. Should I keep my Bitcoin on Binance or move to somewhere like Kucoin who have said they will support the fork.

Kucoin are a relatively new exchange but they are adding more coins all the time, such as Digibyte on the 6th November. They also give a trading discount if you hold there coin KCS and a sort of 'dividend' for holding coin on the exchange - I've already made a little bonus for holding coin on the exchange.

Kucoin also support NEO and GAS, but I quite like Binance - what to do  

[TeddyT]

DOes anyone here know how much they charge to get a token listed on Binance?

[hicaribou]

Binance and the forthcoming SegWit2x Bitcoin fork.

Binance have stated that "Binance would like to support any meaningful forks." Anyone know what this exactly means ?
Does it mean that Binance might support the fork if they think it's meaningfull. Should I keep my Bitcoin on Binance or move to somewhere like Kucoin who have said they will support the fork.

Kucoin are a relatively new exchange but they are adding more coins all the time, such as Digibyte on the 6th November. They also give a trading discount if you hold there coin KCS and a sort of 'dividend' for holding coin on the exchange - I've already made a little bonus for holding coin on the exchange.

Kucoin also support NEO and GAS, but I quite like Binance - what to do  

Kucoin invite link:  https://www.kucoin.com/#/signup?r=E3K63p

Lol referral link, not a bad strategy  
Nice move sir 

[TeddyT]

Is this thread full of bots or no one else seeing my comments?

[burdeN]

Vote on binance ending tomorrow and looks like XZC will win. Do you guys think listing on binance still can make price surge?

[Volant]

Is this thread full of bots or no one else seeing my comments?

More likely no one knows the answer

[cindygirl]

Binance does a lot of stuff much better than some of the more established exchanged, the thing I find that really makes a difference though with any exchange is the UI, I don't understand why with all the time and money invested they cannot make a UI that is clean and easy to use, there's often too much crammed in to one place for me.

[Kenny001]

I trade most of the time on binance. I like it. But one major problem is no stop loss. It is realy important.

[Bonanzacoin]

I trade most of the time on binance. I like it. But one major problem is no stop loss. It is realy important.

that will come

[raindropdroptop]

If you accept BNB then you should accept this as a long term investment because BNB is a great and very valuable altcoin in the future. I think people should buy BNB more because the price of BNB is very low

Yeah, i think if binance exchange can have a much larger volume, then many people there will be more interested to use BNB token and the price will be pumped.

I don't think that's related. Binance is already in the podium of the best exchanges out there, and nobody would argue with that.. some even prefer it to bittrex (which doesn't really lists many coins anymore, and has had bad media coverage around the frozen accounts issue), and most would agree that it is the most trending platform at the moment.
The problem of BNB is all about the actual use of the token. As it is now, most think it's just a way for binance to raise some extra funds because other than voting for the coin of the months there's no point in holding tokens.

Current Uses:
1. 20% of profit buy&burn
2. pay trading fees with 50% discount
3. pay for Bijietech services
4. pay listing fees
5. vote for community coins

Upcoming Uses:
6. buy into Binance Labs ICOs
7. base currency in BNB markets
8. collateral for margin trading
9. gas for decentralized exchange

BNB is already one of the most useful coins.  There is a positive correlation between the success of Binance and the fundamental value of BNB.

[kronos123]

Binance coin was the first coin to revolutionize trading in an exchange; it was almost like thinking about bitcoin the first digital currency with which you can pay and receive products and services.

It was the chieftain and many other exchanges will follow this example. In fact, after two months of Binance exchange with its domestic currency, the new KuCoin exchange was born with its domestic currency, much like BnB.