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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131514 times)
nmthu2209
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July 16, 2018, 03:25:36 PM
 #2281

I find Houbi exchange is a good idea as launch platform Houbichain, and then exchange allows trading currency in fiat currency. It can be seen that the competition between the exchanges is increasingly fierce and I think Houbi will be one of the big ones in this game.
JohnDoe3490
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July 16, 2018, 03:31:03 PM
 #2282

Looks like the next token burn is on-time! Congratulations to the team at binance for a great coin.
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July 17, 2018, 02:39:30 AM
 #2283

Binance recently seems to be newcomers to emerging exchanges like Coinben, BitZ, .. New exchange with unique policies are gaining significant market share. But I still believe in the future of BNB.
CryptoManiac3
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July 17, 2018, 02:55:01 AM
 #2284

"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."

Decentralized Exchange

In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.
infuser0416
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July 17, 2018, 04:24:57 AM
 #2285

Binance is the future! The platform has the nicest interface of all exchanges and is really working good. So far I experienced no problems at all. I guess I am in love!
I also loved the discounts of BNB coin for 50% and they also reach out to there community very well despite of hacks they always protect the users funds as well.
BNB coin also had an uptrend value since it was released Smiley another good news in binance is that they will be having a decentralized exchange by the use of BNB coins you can also get discounts
morgan4140
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July 17, 2018, 05:00:36 AM
 #2286

Binance is the best exchange to date and what the team of this project has done is amazing. I think it has a great future.
qiuness
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July 17, 2018, 06:50:19 AM
 #2287

BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!
EastSound
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July 17, 2018, 08:58:08 AM
 #2288

BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future
george_crypto
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July 17, 2018, 12:32:04 PM
 #2289

BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future


They can go up and down. But if they can keep having this share among the markets and the market volume goes high which is my expectation things can be much bigger.
Vongola
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July 17, 2018, 12:37:30 PM
 #2290

BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!

But if better and good exchanges comes out then there is no point in holding BNB.. There are other exchanges would give some % of their profit if you are holding their token, we dont know what will happen next in BNB price in the future
Holding BNB token will give you many advantages. Some of them are, you can use some of your BNB as withdrawal fee (up to 50% less than other currency), and you can also vote new token and it the result will be calculated from how many BNB token you have.
JollyGood
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July 17, 2018, 06:11:30 PM
 #2291

How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?

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Moon Catcher Pro
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July 17, 2018, 06:42:48 PM
 #2292

How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
This coin, which made the exchange binance
they have a lot of coins that you can buy for BNB coins
I really like the BNB coin, it is more stable than bitcoin, and does not depend on its rate
BNB is much cheaper and well suited to small traders
Also, you can speculate with this coin, there are a few examples if you are interested  http://www.insiderport.com
JollyGood
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July 17, 2018, 07:43:40 PM
 #2293

How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
This coin, which made the exchange binance
they have a lot of coins that you can buy for BNB coins

I really like the BNB coin, it is more stable than bitcoin, and does not depend on its rate
BNB is much cheaper and well suited to small traders
Also, you can speculate with this coin, there are a few examples if you are interested  http://www.insiderport.com


Did the Binance team have an ICO to open the exchange?

Why buy with BNB when there is ETH/BTC etc?


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Kaznachej123
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July 17, 2018, 11:01:42 PM
 #2294

This quarter we will burn 2,528,767 BNB (roughly $32,700,000 USD), up from 2,220,314 BNB last quarter (roughly $30,000,000 USD at the time). Again, some random recap.

The overall market (BTC) remains relatively flat, with a slight drop in price compared to last quarter, but Binance was still able to pull in decent earnings. This is the highest number of BNBs we have burned in a quarter so far. This is a result of the strong support from our community, you, and hard work by the team, including our Angels. Thank you so much!  
  More information:  https://www.linkedin.com/pulse/binance-q4-recap-changpeng-zhao/?published=t     https://twitter.com/cz_binance/status/1019293847849873408
 P.S. Great News but the price of BNB did not rise  Undecided
                           
parlament9
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July 17, 2018, 11:50:12 PM
 #2295

Not absolutely so, there is a set of the exchanges and these exchanges have own coins. Plus to everything the Binans exchange constantly encourages those who often trade or hold the coins that does this coin more attractive.

Pamahaw
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July 18, 2018, 12:07:59 AM
 #2296

BNB token is a token that made the exchange binance. If you have an account on the binance you better buy a little BNB and you will have reduced the Commission by half. And the token itself is growing in price, if the exchange works well then the token will grow!!!
Yes you are right. But how can they guarantee that their exchange is safe from hackers because just a few months back Binance shut down their operation due to hacking incident.
psycox
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July 18, 2018, 12:10:44 AM
 #2297

Not absolutely so, there is a set of the exchanges and these exchanges have own coins. Plus to everything the Binans exchange constantly encourages those who often trade or hold the coins that does this coin more attractive.
Almost all current exchangers have done the same thing with binance where they all created 1 coin or a new token that will make its holders profit in that market
Tyr808
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06/19/11 17:51 Bought BTC 259684.77 for 0.0101


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July 18, 2018, 03:19:15 AM
 #2298

So was just made a Binance Trading Wizard.
Any perks coming with that?

kulitmanggis
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July 18, 2018, 06:31:20 AM
 #2299

well yes I think binance also has a good future, binance can be a good and safe exchange place and not only that binance also has a very high trading volume so suitable for trading there.
Lagduf
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July 18, 2018, 07:15:43 AM
 #2300

How does BNB tokens work? What are the benefits of having them?

Are they just to be used on Binance website?
This coin, which made the exchange binance
they have a lot of coins that you can buy for BNB coins

I really like the BNB coin, it is more stable than bitcoin, and does not depend on its rate
BNB is much cheaper and well suited to small traders
Also, you can speculate with this coin, there are a few examples if you are interested  http://www.insiderport.com


Did the Binance team have an ICO to open the exchange?

Why buy with BNB when there is ETH/BTC etc?


The binance token can be used when you are using binance exchange site to get 50% discount for your transaction by paying it use the binance token and you must try to read the binance whitepaper about that and it will give you a lot of explanation regarding it and it's the best source to know more about that.

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