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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131879 times)
kronos123
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May 05, 2019, 08:07:27 AM
Last edit: May 05, 2019, 08:27:24 AM by kronos123
 #2961

Exchange Binance is already now bigger than Okex; an exchange is not only evaluated with the volume that it does every day, also because it is almost always false, manipulated and rigged.

Binance was the first to introduce IEOs, the second after Coinbase to allow the purchase of Crypto with a credit card, and many other things have yet to come, such as leverage and loans.

I see Binance today as Amazon 10 years ago .... it has yet to express much of its future potential ..... $ 100 will be just the beginning!


Binance is always bigger than Okex, what do you mean lol. Binance is like the trendsetter of crypto too, when Binance introduce IEOs and it's a huge success, other exchanges also follow the same step.

I think binance will still be the best exchange for the next couple of years, IEOs done, DEX exchange also done, what next?

According to the list here, Binance is only rank no. 10 while OkeX is at number 2, well this ranking changes from time to time
and maybe Binance is just more popular than OkeX that's why people are saying it's the largest exchange.

Take note : OKeX also had an IEO.


That's right, the classic changes daily and that's why I said that Binance is not always at No. 1, but sometimes it is behind an Okex exchange, but in the end it counts for little; what interests investors is that exchange is the most innovative of the market, with excellent customer support and continuous improvements.

After IEO and dex exchange there will be a private stablecoin and the trading margin.
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May 05, 2019, 08:18:05 AM
 #2962

@kronos123

where did you get the information that BNB will "create" a own stable coin?  Shocked

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Natalim
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May 05, 2019, 08:51:04 AM
 #2963

@kronos123

where did you get the information that BNB will "create" a own stable coin?  Shocked

Allow me to answer this, I have research now and I found this link - Binance possibly adding margin trading and creating Stablecoin as Tether-Bitfinex implode.

r32godzilla
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May 05, 2019, 11:40:32 AM
 #2964

I have hard that Binance is preparing to launch margin trading, but nobody knows when it will be announced.
But if this becomes a reality, there will not be any reason to use any other crypto exchange.
Binance will cover CEX, DEX, fiat deposits and margin trading features.  Shocked
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May 05, 2019, 11:45:52 AM
 #2965

I think there's a good chance to see BNB go to $50 in 2019 and if we see a long bull run in both bitcoins and altcoins, then above $100 should be possible also this year also.

Maybe the highest price Binance can achieve is $ 75, or about 3 times the current price, of course, Binance is very dependent on the price of bitcoin which is the determining factor for the prices of altcoins.
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May 05, 2019, 12:15:57 PM
 #2966

I think there's a good chance to see BNB go to $50 in 2019 and if we see a long bull run in both bitcoins and altcoins, then above $100 should be possible also this year also.

Maybe the highest price Binance can achieve is $ 75, or about 3 times the current price, of course, Binance is very dependent on the price of bitcoin which is the determining factor for the prices of altcoins.


What happened to the Binance ICO promise of allowing tokens to be used for just 3 years?

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Jcga
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May 07, 2019, 11:47:17 PM
 #2967

binance hacked!

The hackers were able to withdraw 7000 BTC in this one transaction: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea

Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected.


https://binance.zendesk.com/hc/en-us/articles/360028031711

🚀IRRESISTIBLE "Crypto Collectibles" 👉 https://bitcointalk.org/index.php?board=217.0
rodel caling
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May 07, 2019, 11:56:18 PM
 #2968

$BNB is one of th most trending today in the market is pretty have potential to uprise their value continuesly because of the devs support and people support due to continues investing.
The Sceptical Chymist
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May 07, 2019, 11:59:02 PM
 #2969

Awesome, so the deposit I made right before this happened is now stuck in limbo for at least a week.  Fuckin' quality right here, Binance.

At least my stuck amount isn't all that large.  I'm quite sure there are other Binance traders who have a lot more funds locked up for however long it takes Binance to complete their investigation.  All I wanted to do was buy a little NEO and call it a night, but crypto exchanges have a strange talent for ruining people's plans.

If I knew of a better alternative, I'd ditch Binance in a heartbeat--but I've yet to see anything that's at least as good but not sketchy.  It's like trying to find an honest mechanic.

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ChiNgadOr
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May 08, 2019, 12:04:37 AM
 #2970

Awesome, so the deposit I made right before this happened is now stuck in limbo for at least a week.  Fuckin' quality right here, Binance.

At least my stuck amount isn't all that large.  I'm quite sure there are other Binance traders who have a lot more funds locked up for however long it takes Binance to complete their investigation.  All I wanted to do was buy a little NEO and call it a night, but crypto exchanges have a strange talent for ruining people's plans.

If I knew of a better alternative, I'd ditch Binance in a heartbeat--but I've yet to see anything that's at least as good but not sketchy.  It's like trying to find an honest mechanic.


My favourite: Kraken.. but only a few coins..it is depressing!

I expect from this, what i expected from binance in sommer 2017 when joined BInance's ICO (Now i hate BInance with all my soul!):
https://www.bw.com


┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
consideritdone
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May 08, 2019, 01:24:29 AM
 #2971

BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin
Jcga
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May 08, 2019, 01:31:43 AM
 #2972

BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin

I hope it's only 7k btc missing,
I guess yes as bnb is recovering pretty well. Not a big deal, the crypto must go on!

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Jcga
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May 08, 2019, 01:42:08 AM
 #2973

at 3AM UTC there is a LIVE periscope AMA with CZ on twitter.
https://twitter.com/binance/status/1125930034663809024

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Sonic103
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May 08, 2019, 10:36:28 AM
 #2974

you can remember the AMA which talked about the problems of BNB
https://callisto.network/blog/post/ask-me-anything-with-dexaran-24-03-2019/

And Russian language
https://hashrate-and-shares.ru/ask-me-anything-with-dexaran-24-03-19
Sanitough
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May 08, 2019, 10:55:53 AM
 #2975

BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin

I hope it's only 7k btc missing,
I guess yes as bnb is recovering pretty well. Not a big deal, the crypto must go on!

Regardless if the amount declared is right or wrong,  it's not necessary for us to know anymore because they covered all the loses and it's just an inside incident which does not affect users of the site.

And yes, BNB is still at $20, and this incident only result to a slight dump.



at 3AM UTC there is a LIVE periscope AMA with CZ on twitter.
https://twitter.com/binance/status/1125930034663809024

Thank you for sharing.

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niisarearning
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May 08, 2019, 12:12:17 PM
 #2976

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .
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May 08, 2019, 12:22:28 PM
 #2977

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .


I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

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May 09, 2019, 12:23:30 PM
 #2978

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .


I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

For sure, but that remains to be seen, as long as they continue to serve better compared to their competitors, they will still lead in the exchange industry.
This incident tells that no exchange is safe as even the best in the business were hack, the hacker is also giving this big statement to all of us.

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JollyGood
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May 09, 2019, 12:49:17 PM
 #2979

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

For sure, but that remains to be seen, as long as they continue to serve better compared to their competitors, they will still lead in the exchange industry.
This incident tells that no exchange is safe as even the best in the business were hack, the hacker is also giving this big statement to all of us.


Yes this incident tells us no exchange is safe but we still do not have details about how the took place and what actually happened. All we know is 7000 BTC were stolen because of a hack.

If Binance continue to server customers well compared to competitors then they should firmly still stay ahead of the rest.

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kronos123
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May 09, 2019, 01:42:35 PM
 #2980

Binance was the first to introduce IEOs, the second after Coinbase to allow the purchase of Crypto with a credit card, and many other things have yet to come, such as leverage and loans.

Just 7 days ago I said this words on Binance exchange and after 2 days came out this announcement in which margin trading will come soon on the exchange, initially obviously only for the most traded pairs of Coin
https://cryptoslate.com/margin-trading-for-btc-bnb-eth-tron-and-xrp-could-soon-come-to-binance/

Regarding the probable Hack of the last few days we can see how this not only did not cause any shock to the market (in another period such an event would have caused a drop of at least 10%) but, after a small initial slip, Bitcoin and the market has continued to rise, touching new season highs; this means market strength and that the event was perceived as something of little relevance.
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