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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131877 times)
bribed
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December 08, 2017, 10:39:19 PM
 #1041

Guys is it just for me or are Binance withdrawals without 2fa via google authenticator not possible anymore? I must admit I hate google authenticator and so far didnt set up 2fa on Binance. I know its silly, but I just prefer SMS authentication.

Yeah, it looks like 2FA is mandatory before withdrawing now.

SMS verification is worse security anyways.  People had their accounts robbed on Kraken because they were using SMS verification instead of Google Auth:
https://blog.kraken.com/post/219/security-advisory-mobile-phones/

FreeOTP is an open-source fork of Google Auth that works with Google 2FA, in case you don't want to trust the closed-source Google Auth app from the Google Play store:
https://en.wikipedia.org/wiki/FreeOTP

Furthermore, you can buy a cheap smartphone for the sole purpose of loading all your 2FA tokens onto it.

Thanks for the quick answer. I didnt know that sms auth wasnt secure, actually I always thought that SMS authentication was the safest method, thanks for making me aware that its not. I guess now as I have downloaded google auth again I can just stick to it. However this is actually the case with me, I dislike to use google products if Im forced to, also thanks for showing me that there was a way around it. Good idea with the second smartphone for this purpose, guess Ill use my old one for it. Cheers mate!
godzillarekt007
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December 09, 2017, 01:21:17 AM
 #1042

$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.

Not the only exchange anymore where this is possible. I am pretty sure Yobit, Cryptopia, Kucoin, and a few other websites (Nova but they shutting down now) have their own coin or point system. In fact they didn't even start it I don't think but they made it more popular that is for sure.

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December 09, 2017, 12:11:34 PM
 #1043

$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.

Not the only exchange anymore where this is possible. I am pretty sure Yobit, Cryptopia, Kucoin, and a few other websites (Nova but they shutting down now) have their own coin or point system. In fact they didn't even start it I don't think but they made it more popular that is for sure.

Binance got huge interest with reputaable founder, investors and more from the start.
And now they are just growing  Cheesy
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December 09, 2017, 12:26:48 PM
 #1044

Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address

I know about the lv1 verification, I'm asking about the lv 2..If I submit my ID and so on, how long do I need to wait that I'm approved to lv2? 24 hours, 1 week, 1 month? Is support fast?

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BeetlejuiceFL
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December 09, 2017, 01:00:14 PM
 #1045

Anyone knows how long do you need to wait to get verified on Binance exchange? I'm thinking to start trading there.

Withdrawal limit is 2 BTC for Level 1 verification

Level 1 verification only requires you to verify email address

I know about the lv1 verification, I'm asking about the lv 2..If I submit my ID and so on, how long do I need to wait that I'm approved to lv2? 24 hours, 1 week, 1 month? Is support fast?

It took me about 24 hour to get lvl 2 verification. Just be patient.
karlos_545
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December 09, 2017, 01:12:31 PM
 #1046

it has sense..but it wont replace btc and eth for sure
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December 09, 2017, 02:19:00 PM
 #1047

I gotta say Binance does it well. Also received two airdrops from them. 20 WTC and 500 TRX. Those WTCs are worth quite a bunch now:)

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December 09, 2017, 03:36:37 PM
 #1048

I gotta say Binance does it well. Also received two airdrops from them. 20 WTC and 500 TRX. Those WTCs are worth quite a bunch now:)

got the 500 TRX too but when did you get the 20 WTC?

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December 09, 2017, 03:53:37 PM
 #1049

I gotta say Binance does it well. Also received two airdrops from them. 20 WTC and 500 TRX. Those WTCs are worth quite a bunch now:)

got the 500 TRX too but when did you get the 20 WTC?

He means couple of months ago, after the WTC ICO.

On the other note, when can we expect a new token burn event?
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December 09, 2017, 04:29:12 PM
 #1050

I gotta say Binance does it well. Also received two airdrops from them. 20 WTC and 500 TRX. Those WTCs are worth quite a bunch now:)

got the 500 TRX too but when did you get the 20 WTC?

Really WTC? I signed up on Binance way before the ICO of WTC, but never got something from Waltonchain. Where there some requirments to get this airdrop? I also got the 500 TRX though. Too bad 20 WTC would have been a really nice airdrop.
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December 09, 2017, 04:54:21 PM
 #1051

it has sense..but it wont replace btc and eth for sure
What do you mean exactly? If you are talking about BNB coin than it will make some sense. Here we are talking about Binance exchange and we aren't comparing BNB coin to BTC or ETH so no Replacement talks here. By the way BNB coin is super cool, it saves 50% of trading fees on the exchange.

Blah blah
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December 09, 2017, 05:02:16 PM
 #1052

Binane came up as a decentralized exchange platform and it gathered tons of users during the last months. It proved itself in this field and it will be the start of dex trading in the future most probably.
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December 09, 2017, 10:12:50 PM
 #1053

Binane came up as a decentralized exchange platform and it gathered tons of users during the last months. It proved itself in this field and it will be the start of dex trading in the future most probably.

I actually joined Binance because it was aiming at becoming a dex one day. Are there any news regarding when this might happen, is it planned for one of the coming years already? I think decentralized exchanges are the future of cryptocurrency trading, its just the rational next step, and it will take over sooner or later, I strongly believe in that.
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December 10, 2017, 07:27:45 AM
 #1054

I think I'll stop using binance as soon as cobinhood is fully live, as a US citizen the ability to finally have margin trading is huge for me also its 0% fee's thing is nice.

Don't get me wrong I'm sure I'll still use binance and it is a great exchange, as is poloniex, kraken and bittrex - however I got lured into binance under the rumor of margin trading first comers get the business Sad. Hurry up binance.

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December 10, 2017, 07:41:06 AM
 #1055

where is cobinhood making money if not from the fees? do they have a cobinhood coin

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December 10, 2017, 08:07:15 AM
 #1056

where is cobinhood making money if not from the fees? do they have a cobinhood coin

They underwrite other ico's and take a percentage, those coins are sold at a discount for cob holders or given freely as seen with CMT.
The token also offers a discount to the margin trading service since it relies on lending from others - but its not a fee paid to cobinhood its an amount paid to the lender.

They also raised quite a bit during their ico and the CEO already has a multi-million dollar company so I'm sure he can float it for a bit if it came to it.

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December 10, 2017, 09:51:53 PM
 #1057

Binance I am happy you growing rapidly but how about all those users who bought IOTA via your platform and it tells for a long days "withdrawal suspended". How soon will you enable withdrawals for IOTA? if you lack of server resources, please add the needed resources but kindly dont lock IOTA traders for so long and avoid the withdrawals. Thank you!
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December 10, 2017, 11:04:47 PM
 #1058

$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.
100m supply and undervalued coin. I should put lots of money here, btw the exchange is so far good. The unit interface is good as hell 5 star for this exchange.
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December 11, 2017, 12:55:01 AM
 #1059

Anybody had problems withdrawing Qtum from Binance? I tried several weeks ago and today I tried again but still get the same kind of error. Or actually its not even an error, I just cant confirm the withdrawal. I mean Qtum is still a ERC20 token right? So I put in an ERC20 compliant wallet, that should work or not?
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December 11, 2017, 02:44:23 AM
 #1060

Anybody had problems withdrawing Qtum from Binance? I tried several weeks ago and today I tried again but still get the same kind of error. Or actually its not even an error, I just cant confirm the withdrawal. I mean Qtum is still a ERC20 token right? So I put in an ERC20 compliant wallet, that should work or not?

If you can post the error message you get in this thread it may help us with your problem, or send a support request to Binance I'm sure they will point you in the right direction.

There is a post here http://cryptocoindaddy.com/move-qtum-to-bittrex-before-october-4-2017-for-qtum-blockchain-upgrade that says (after the swap) "Make sure to use the Qtum’s new mainnet compatible wallet and not the myetherwallet for storing your coins."
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