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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131879 times)
Victorio
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December 01, 2017, 04:59:22 PM
 #1001

Am really asking myself how Binance can offer such crappy coins and give them priority
I am concerned that Binance does so many airdrops and trading contests recently. Isn't that a manipulation strategy?
The total prize pool on the recent Bitshares contest was ~9.5 BTC (680000 Bitshares and 3 iPhone X 256 GB). The trading volume for a week was >4675 BTC (4675 BTC is the volume traded by contest winners, I expect the total volume to be ~5000-5500 BTC), that should have generated total fees of ~9-12 BTC or less, factoring in the 50% fee discount for BNB holders.
It's suspicious to me that Binance announced such a large prize pool and the total fees are very close to the prize pool. I tend to think that Binance either allows insider trading or acts itself as a market-maker.

bribed
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December 01, 2017, 06:32:26 PM
 #1002

Okay, I was supporting Binance all the way since it launched. But this page of this topic is not really pleasant to read. I need a working DEX, that is like Binance, but with 0 human interference. Thats the dream.
Gaius Cryptus Tradius
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December 01, 2017, 08:53:23 PM
 #1003

Binance will be one of the more unique exchanges. The Chinese are going to rule the game and also intrude the Western markets more.

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December 01, 2017, 09:06:57 PM
 #1004

Guys pretty good news. If u want BNB to rise in value, lets face it we bagholders want that, vote for BNB to be listed on KUCOIN. Yes u read that right. Bnb can be listed on another exchange for the first time. Its allready in good position.

Registe here (safe link): https://www.kucoin.com/#/?r=E3zI7p

I don't think it make any sense for Kucoin to list a competing project, or maybe you are just promoting your referrer link, BCT mod will likely delete your post soon

Bonanzacoin
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December 01, 2017, 09:12:39 PM
 #1005

Guys pretty good news. If u want BNB to rise in value, lets face it we bagholders want that, vote for BNB to be listed on KUCOIN. Yes u read that right. Bnb can be listed on another exchange for the first time. Its allready in good position.

Registe here (safe link): https://www.kucoin.com/#/?r=E3zI7p

I don't think it make any sense for Kucoin to list a competing project, or maybe you are just promoting your referrer link, BCT mod will likely delete your post soon

Look for urself. Why would i post it otherwise? I removed the link.
Crypt1x
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December 01, 2017, 09:23:36 PM
 #1006

Binance had a quarter of the current trading volume 3 months ago. Now he has developed and continues to improve himself. I'm sure you'll pass Bittrex up on transaction volume.
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December 01, 2017, 09:42:03 PM
 #1007

I am amazed by Binance. So far it has been the best trading experience for me! Gotten two airdrops sofar. 20 WTC and 100 TRX. The WTC are now worth alot! Also gas distribution for my NEO.

I do however think that they should be a little more transparant about how they are running those BNB buybacks. I cannot find any solid information about it or is it just me?
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December 01, 2017, 10:50:31 PM
 #1008

Once stop losses are added and if they ever do funding the exchange will really take off.

A lot of people like the exchange but because of the lack of those 2 things many people are doing their trading elsewhere at the moment
Agree, stop losses is necessary features in trading. When I was doing some research on the exchange, and I'm discovering the features has not been implemented its a big turn off for me. I think I will need more time to switch all my portfolios to Binance entirely until all the features implemented.
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December 01, 2017, 11:12:16 PM
 #1009

I am amazed by Binance. So far it has been the best trading experience for me! Gotten two airdrops sofar. 20 WTC and 100 TRX. The WTC are now worth alot! Also gas distribution for my NEO.

I do however think that they should be a little more transparant about how they are running those BNB buybacks. I cannot find any solid information about it or is it just me?

Binance is a great exchange and the coin will prosper! I don't think they do buy backs, but they do burn a percentage of their profits reducing the overall supply. As the Binance exchange grows so too will the value of the coin. 2018 will be good for BNB

abayan
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December 01, 2017, 11:23:13 PM
 #1010

Once stop losses are added and if they ever do funding the exchange will really take off.

A lot of people like the exchange but because of the lack of those 2 things many people are doing their trading elsewhere at the moment
Agree, stop losses is necessary features in trading. When I was doing some research on the exchange, and I'm discovering the features has not been implemented its a big turn off for me. I think I will need more time to switch all my portfolios to Binance entirely until all the features implemented.

It depends on the trader and for me binance is a good exchanges it is to handy exchange in an application stop loss? I don't use that in most cases but i agree with you it needs to be there it is next to be the big exchange.

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asdalani
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December 02, 2017, 12:05:04 AM
 #1011

i expect there will be 6x more profit from this quarter.
There is a lot of investors talking about this coin, there should be enough hype to make the price go up 6x.

 
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TheHas
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December 02, 2017, 12:41:48 AM
 #1012

Binance is great, but I think a few other exchanges are trying to do similar things. I've had a look at an upcoming ico - coin lion - and they are trying to do something similar to binance, but also add portfolio tracking and advice to the exchange so you can see what portfolios are doing well.

Detail here if you're interested:
https://bitcointalk.org/index.php?topic=2350898.0

But the Binance airdrops and other features, like providing Gas from Neo is great. Makes it easier than having a bunch of different desktop wallets without losing out on things like airdrops and coins from bitcoin forks.
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December 02, 2017, 01:07:20 AM
 #1013

I will not participate in this vote. It is not taken into account from the projects I ever expected.
Call_Me_Bambi
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December 02, 2017, 02:01:14 AM
 #1014

Can anyone explain Binance's GAS calculation.
What I don't get is "A hold NEO for three days which have 30, 300 and 60 respectively", why not just say "A holds 390", what is the significance of the 30,300,60 seperation ?
..and what is "Assume that the total distribution number of GAS is 1000 in this month" . Is the GAS distribution dependant on how much the total amount of NEO is held on Binance ?

I thought that GAS distribution is only dependant on how much NEO you personally own, not how much there is on the exchange.

From the Binance help page:

"3. Demonstration of the Rule
User A is in the scope of statistics, and A hold NEO for three days which have 30, 300 and 60 respectively. Therefore, the sum of daily NEO position is 390.
Assume that the total distribution number of GAS is 1000 in this month, and  sum of daily position number for all NEO users is 600000;
Thus, the actual distribution number of user A = 1000*390/600000=0.65"

Full details here.
https://support.binance.com/hc/en-us/articles/115000721311
gembitz
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December 02, 2017, 03:14:37 AM
 #1015

EMC2 listed tomorrow on here get what you can before the x10 split you will have nice rewards :-D jmho weeeeeeeee

https://poloniex.com/exchange#btc_emc2

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December 02, 2017, 01:40:07 PM
 #1016

this exchange really works very well. There are works that will bring action to the prize and the market. I think the BNB will be reflected in these studies. 2 dollars very cheap for this coin.
Yes, its the most attractive exchange in the world now, i think BNB price will have a huge rise when the Q4 report come out, all tokens want to online Binance recently
This one https://support.binance.com/hc/en-us/articles/115002771192-Binance-Monthly-Data-Report-4- ?

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December 03, 2017, 10:38:32 PM
 #1017

this exchange really works very well. There are works that will bring action to the prize and the market. I think the BNB will be reflected in these studies. 2 dollars very cheap for this coin.
Yes, its the most attractive exchange in the world now, i think BNB price will have a huge rise when the Q4 report come out, all tokens want to online Binance recently
This one https://support.binance.com/hc/en-us/articles/115002771192-Binance-Monthly-Data-Report-4- ?

Great article, shows that the BNB coin can be traded directly with 12 other coins. I would say that both the exchange and coin are going to grow rapidly in 2018. Remember both are new having been created just a few months ago, best to invest now before the inevitable pump

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December 04, 2017, 01:05:41 PM
 #1018

Is Binance down?
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December 04, 2017, 02:13:28 PM
 #1019

Binance is an extremely large commercial crypto site, although it has been around for a while. I am currently trading a lot on Binance, I feel that Binance has a simple interface, high security, fast transaction. I have not encountered any errors when dealing on binance.
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December 04, 2017, 11:21:16 PM
 #1020

Can anyone advice me what requirments are to be met to get listed on Binance? I am very curious about this, because we are looking to place our wonderful project soon on many exchanges. Binance would be the best. Appreciate every help.
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