Binance: $BNB The Future of Exchanges.

[adaseb]

Like the above poster has said, just bookmark the link and click the bookmark to prevent going to a phishing website. If you get any PM or emails from Binance never click the link just go to the bookmark and you won't have issues.

Give this a read,
https://steemit.com/crypto/@technicalwealth/binance-hacked-no-and-this-why

Basically a few people were tricked because the link seemed legit but if you look closely there are 2 dots under the "n" of the domain name. If one day you were in a hurry you might miss this and go to a phishing website.

Hence always do a bookmark.

Binance doesn't require any KYC information as long as you don't wanna withdraw more than 2 BTC worth of assets. Even the US citizens, as of now, aren't required to provide any KYC at all for less than 2 BTC of withdrawals. So you may go ahead, create an account at Binance within a couple of minutes, and trade your sh!tforks for the real bitcoin.

Thanks for the info Raja_MBZ.

[jerry0]

Hi, so the site i posted is correct right?  There is no https:// on the chrome link though... there is also no green lock on the left side of the address bar, its only a lock... but not green.

[janggernaut]

Hi, so the site i posted is correct right?  There is no https:// on the chrome link though... there is also no green lock on the left side of the address bar, its only a lock... but not green.

Yea, the link you posted is correct.it also show me EN (with green) without any green lock symbol.
After you open that link, make sure to bookmarked it to avoid phising site which has similar spelling

[jerry0]

Alright.


As of now, are there any binance phishing site at moment?  A while back i recall there was one where it was 2 dots on the n or something like that.

[laredo7mm]

My previous opinion about Binance was quite good. in addition to the considerable reduction in BNB many begin to feel that it is no longer worth it and also the existence of lending I actually disagree, because the lending program is not a good enough thing before many have tried but ended badly

[binhvo1505]

My previous opinion about Binance was quite good. in addition to the considerable reduction in BNB many begin to feel that it is no longer worth it and also the existence of lending I actually disagree, because the lending program is not a good enough thing before many have tried but ended badly

right. When Binance's IEO is no longer highly profitable for investors, they will start to leave Binance by selling off, causing BNB's price to plummet in recent months.
Currently the value of BNB will continue to decline in the coming days, I think it will stop at $ 16. It seems good exchange now has only Huobi.

[stomachgrowls]

My previous opinion about Binance was quite good. in addition to the considerable reduction in BNB many begin to feel that it is no longer worth it and also the existence of lending I actually disagree, because the lending program is not a good enough thing before many have tried but ended badly

right. When Binance's IEO is no longer highly profitable for investors, they will start to leave Binance by selling off, causing BNB's price to plummet in recent months.
Currently the value of BNB will continue to decline in the coming days, I think it will stop at $ 16. It seems good exchange now has only Huobi.

We cant conclude yet but we are seeing signs that it isnt performing well as the day goes by.Check out on their 24 hour volume August first week had plummeted almost 60% as of this moment which means its losing out momentum.We cant point out precise reason with it but the factors above your said is a viable thing to consider.IEO hype is somewhat diminishing but i tend to disagree that the only good exchange now is Huobi.

[mich]

Binance Acquires Seychelles-Based Crypto-Asset Trading Platform JEX

https://cointelegraph.com/news/binance-acquires-seychelles-based-crypto-asset-trading-platform-jex

Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services.

[gembira]

They want restrict US traders accets to exchange on 12th September as I heard. It seems they will lost a huge traffic. Why they are doing this if they are not based in USA?

[Vaculin]

Binance Acquires Seychelles-Based Crypto-Asset Trading Platform JEX

https://cointelegraph.com/news/binance-acquires-seychelles-based-crypto-asset-trading-platform-jex

Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services.

Great news for Binance, and something to watch on the future effect of this acquisition.
It seems like they are very serious in dominating in the crypto exchange industry, they want to be in the number position consistently.

They want restrict US traders accets to exchange on 12th September as I heard. It seems they will lost a huge traffic. Why they are doing this if they are not based in USA?

This is for regulatory compliance, no company would restrict users when they can make huge profit from this, except for the reason mentioned.
And this is the full news.  https://techcrunch.com/2019/06/14/binance-begins-to-restrict-us-customers/

[dioanna]

$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.

definitely BNB and other altcoins that have use cases will definitely co exist with bitcoin in the future.

[Tomak]

BNB capitulation in progress..... So Americans are already out of Binance or not? Some say thay had time till 1st of September and then i heard 22nd of September. Low volumes shows they are already out or not?

When the Binance Futures market is starting in September? Do you expect any serious price action?

[leea-1334]

My previous opinion about Binance was quite good. in addition to the considerable reduction in BNB many begin to feel that it is no longer worth it and also the existence of lending I actually disagree, because the lending program is not a good enough thing before many have tried but ended badly

right. When Binance's IEO is no longer highly profitable for investors, they will start to leave Binance by selling off, causing BNB's price to plummet in recent months.
Currently the value of BNB will continue to decline in the coming days, I think it will stop at $ 16. It seems good exchange now has only Huobi.

There is a lending program for Binance already? How come I do not see it in the platform? Is this lending for margin trading like they used to allow at Poloniex?

Anyway, BNB is never going to be sustainable. It was an obvious pump and as you say, the moment IEO stops being profitable and it slowly is becoming like this, the pump will end.

[Natalim]

BNB capitulation in progress..... So Americans are already out of Binance or not? Some say thay had time till 1st of September and then i heard 22nd of September. Low volumes shows they are already out or not?

When the Binance Futures market is starting in September? Do you expect any serious price action?

They will be out soon, but that will not stop Binance from finding ways to capture the market again.
US market is a big market because we have a lot of traders and investors from the US, let's see what will be the effect of the trading volume of Binance, but whoever exchange can offer the same experience Binance offers will enjoy a great profit.

And in response to your question when. here's what I found for you.

According to a statement issued alongside the terms of use update, U.S.-based “Binancians” will be able to use the platform normally until September 12, 2019. After that they will have access to funds and wallets, but will not be allowed to trade.

https://modernconsensus.com/cryptocurrencies/binance-bans-american-users-after-announcing-us-only-exchange/

[icekohl]

Binance Acquires Seychelles-Based Crypto-Asset Trading Platform JEX

https://cointelegraph.com/news/binance-acquires-seychelles-based-crypto-asset-trading-platform-jex

Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services.

Binance is gradually improving its ecosystem, one of the few exchanges that has continuously made valuable upgrades and created market trends. With the acquisition of JEX, I hope they can compete with Bitmex and OKEx in Futures Trading.

[Raja_MBZ]

Binance Announces Phase Two of Lending Products Platform

https://www.coinspeaker.com/binance-phase-two-lending-platform/

[AUruHM]

The BNB token has already proved that it can grow even when the entire market falls throughout 2018. The exchange is very popular and it affects the token very well.

Can I ask how the past successful can impact on the future? BNB was great when grow up the whole crypto market from the deep. But now we need some more than new lending and IEO. No new investors, no new and revolutionary ideas, nothing. Do you see any stocks exchanges with own currency? I didn't. But BNB becomes ordinary token. This is sad

[mr_random]

The BNB token has already proved that it can grow even when the entire market falls throughout 2018. The exchange is very popular and it affects the token very well.

Can I ask how the past successful can impact on the future? BNB was great when grow up the whole crypto market from the deep. But now we need some more than new lending and IEO. No new investors, no new and revolutionary ideas, nothing. Do you see any stocks exchanges with own currency? I didn't. But BNB becomes ordinary token. This is sad

The proven track record of any coin can be used for guessing the future but the disadvantages of the exchange coin will be there no matter how strong fundamentals lie behind it.  After the Kucoin shares and Idex crypto, the new exchange trade reward-based coins started to pop up in the altcoin market. The Binance exchange is developing their trading conditions every month and the investors who invested in the Binance coin don't feel guilty for making the right decision in the biggest altcoin exchange.

[hotforblockchain]

I did not even know that it existed so far back, the OP possibly made an fortune from this coin.
Even tough he was right and in 2017 Binance was the future of exchanges, I doubt that Binance will be the future of exchanges now. The big guys tend to go down because a lot of hackers are targeting them. I think , things will change.

[mich]

Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’

https://cointelegraph.com/news/binance-joins-forces-with-paxos-to-launch-usd-backed-stablecoin-busd

“We are proud that our stablecoin as a service offering enables trusted companies like Binance to introduce products customized for their users. The Paxos brand symbolizes regulatory integrity, consumer protection and transparency for all of our partners."