Binance: $BNB The Future of Exchanges.

[IMAR]

I did not purchase Binance coins but I'm using its exchange platform for my trading. I just a beginner in trading and so far Binance platform is seems ok as there is no delay on the transaction/s being done.

[futureofeth]

The problem with binance are that the fees are insanely high.
As long as they do not try to implement "kyc" or "aml" in their exchange, they will remain being the top 1 exchange for a long time..

Binance will continue to grow. I like all these advanced token-based sharing sites like Binance, Kucoin, Cobinhood, etc., they all have a big community and a big future.

In order to secure people account from the hack, they will ask for KYC documents because in last conference i hear very soon they are going to conduct ICO's on Binance exchange and the Binance exchange has the legal team where they will do the verification procedure on behalf the people.

[vastmast]

I did not purchase Binance coins but I'm using its exchange platform for my trading. I just a beginner in trading and so far Binance platform is seems ok as there is no delay on the transaction/s being done.

If you are trading from this exchange, you should definitely buy this coin.
Both the commission fees fall and you can deal with odds. Otherwise you will lose a lot

[Kalthir]

BNB is in the coin vote list for Legolas! Legolas is an upcoming premium exchange focused on institutional investors, so that means high volume! Participate in the public ICO, starting on the 1st of February 12:00 PM GMT, at https://legolas.exchange and cast your vote!

[bigcash2011]

I fear in the near future binance has to limit new token listing somewhat like poloniex, there are already a lot of pairs trading at binance and new projects and coins are constantly coming up, obviously binance cannot list them all, so lets see how binance will tackle this situation.

[jhontwis]

Can BNB come at higher prices? I think he might come. But can it go up to $ 50? I do not think the BNB will come up with such a good deal for the purpose.

[tmoney88]

I love Binance personally, it has been a great exchange for me I've had no problems. However, I really do think that there is going to be a huge need for decentralized exchanges, and that they truly are the future. I'm very interested and keeping my eye on some of these up and coming new decentralized exchanges.

[huzurkan]

If bitcoin stays at these levels, bnb may drop. market volume is very low now so the BnB price may be reduced.  but it earns long term.

[Ale88]

Can BNB come at higher prices? I think he might come. But can it go up to $ 50? I do not think the BNB will come up with such a good deal for the purpose.

If I remember well Binance itself from time to time buys back some BNB coins and burn them, so this + the exchange growth should lead us to increase the value of the coin, correct me if I'm wrong.

[Bouriffe]

My Pros/Cons on Binance:

+ Stable and usable platform despite recent huge registration increase
+ High volumes so most pairs are very liquid and very close from CoinMarketCap prices
+ Low Fees (espacially if you pay fees in BNB)
+ No registration verification below 2BTC  / 24h

= UI ergonomy is average

- Binance Limited registration jurisdiction is not clearly mentioned: it seems it is Shanghai and not Hong-Kong (which should be a red flag in my mind)
- Impossible to easily track Gain and Loss
- No PGP keys for mail exchange

[Ale88]

- Binance Limited registration jurisdiction is not clearly mentioned: it seems it is Shanghai and not Hong-Kong (which should be a red flag in my mind)

In China they should have only a representative office, they should be registered in Hong Kong, so different laws from mainland China.

[imsotiredofmoviereboots]

I really like the CEO of Binance. He appears more often in interviews and blockchain events like he did in South Korea that makes me feel that my coins in their exchange very secured.

[Mankov]

I fear in the near future binance has to limit new token listing somewhat like poloniex, there are already a lot of pairs trading at binance and new projects and coins are constantly coming up, obviously binance cannot list them all, so lets see how binance will tackle this situation.

I don`t think so. Look at stockmarkets, there are thousands of stocks in the exchange. Why should this not able in cryptomarket, too? It`s very likely, that cryptomarket will replace stockmarket, one day.

[cokkapaga]

I really like the CEO of Binance. He appears more often in interviews and blockchain events like he did in South Korea that makes me feel that my coins in their exchange very secured.

Yes, BInance is the best exchange right now and the volume is very big there.
I think that binance will be exchanges top 1 in the world for the cryptocurrency market.

[JohnDoe3490]

I really like the CEO of Binance. He appears more often in interviews and blockchain events like he did in South Korea that makes me feel that my coins in their exchange very secured.

Yes, BInance is the best exchange right now and the volume is very big there.
I think that binance will be exchanges top 1 in the world for the cryptocurrency market.

It is already the top exchange in the world. I'm hoping they can add more coins now because it looks like they are only using 1% of their trading engine.

[Teraboy]

I fear in the near future binance has to limit new token listing somewhat like poloniex, there are already a lot of pairs trading at binance and new projects and coins are constantly coming up, obviously binance cannot list them all, so lets see how binance will tackle this situation.

I don`t think so. Look at stockmarkets, there are thousands of stocks in the exchange. Why should this not able in cryptomarket, too? It`s very likely, that cryptomarket will replace stockmarket, one day.

Sure, How the more big companies already stated if they will try to issued their own token in the future and this should become a huge update for sure. I think that the fact that there will be a huge crypto stock market to disrupt real stock market. It's about the competition between stock market and crypto. I've heard so many times about that.

[ruben0909]

I'm using binance and i loved it. But it needs to change the withdrawal fee of btc. The update of bitcoin happened on the previous week called lighning network cause to make the transaction fee cheap. Since there are 5million or more trading in binance i hope they change this as soon as possible.

[onebtcforlife]

I really like the CEO of Binance. He appears more often in interviews and blockchain events like he did in South Korea that makes me feel that my coins in their exchange very secured.

I see only he is the first person from the exchange attending the blockchain conference with a lot of movement in crypto exchange history. He has many plans in hands to implement with the Binance exchange but for everything, he needs some time in order to implement those.

[Call_Me_Bambi]

- Binance Limited registration jurisdiction is not clearly mentioned: it seems it is Shanghai and not Hong-Kong (which should be a red flag in my mind)

In China they should have only a representative office, they should be registered in Hong Kong, so different laws from mainland China.

The top three Chinese exchanges have changes there names and re-registered in Hong Kong to get round the restrictions in crypto trading in China, there's more about it here.. https://cointelegraph.com/news/how-chinese-bitcoin-buyers-are-getting-around-government-ban

[artmen007]

BINANCE is growing very fast. Only 6 months to become the biggest exchange in the world is impressive. Despite the fact that they are on the ICO collected 15 million.
As their token BNB looks very interesting for investments they burn tokens that raise the price of BNB highly