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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 119648 times)
Raja_MBZ
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September 11, 2019, 07:55:49 PM
 #3181

Good news for Americans wanting to trade with binance

Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’

https://cointelegraph.com/news/crypto-exchange-binanceus-to-launch-in-the-coming-weeks

Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier.


No BNB for US citizens:

@BinanceAmerica will open account registration & begin accepting deposits of BTC, ETH, XRP, BCH, LTC & USDT on Sept 18th, 2019, at 8am ET.

https://twitter.com/BinanceAmerica/status/1171853554971054080

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September 12, 2019, 06:35:53 AM
 #3182

Good news for Americans wanting to trade with binance

Crypto Exchange Binance.US to Launch ‘in the Coming Weeks’

https://cointelegraph.com/news/crypto-exchange-binanceus-to-launch-in-the-coming-weeks

Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier.


No BNB for US citizens:

@BinanceAmerica will open account registration & begin accepting deposits of BTC, ETH, XRP, BCH, LTC & USDT on Sept 18th, 2019, at 8am ET.

https://twitter.com/BinanceAmerica/status/1171853554971054080

Very limited number of coins only, you are right, why there's no BNB when it's the product of the exchange?
Would this mean that the old Binance set up is better the Binance US because with the old set up, traders has a lot of choices to trade in the altcoins marekt.

This looks like coinbase with limited coins listed only, I think we will be seeing the same pattern.




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September 12, 2019, 10:29:58 AM
 #3183

#BTC #Bitcoin #CryptoNews #cryptotrading #cryptocurrencies #LTC #DOGE #ETH #Fintech  #Trading #Binance

$BNB Binance-Coin is listed at https://www.unnamed.exchange

join our Discord https://discord.gg/phaRuY9

BTC http://www.unnamed.exchange/Exchange/Basic?market=BNB_BTC
LTC http://www.unnamed.exchange/Exchange/Basic?market=BNB_LTC
DOGE http://www.unnamed.exchange/Exchange/Basic?market=BNB_DOGE
uTip http://www.unnamed.exchange/Exchange/Basic?market=BNB_UTIP
ETH http://www.unnamed.exchange/Exchange/Basic?market=BNB_ETH

https://twitter.com/TillKoeln/status/1172094356154671105?s=20

Raja_MBZ
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September 12, 2019, 02:28:06 PM
 #3184


No BNB for US citizens:

@BinanceAmerica will open account registration & begin accepting deposits of BTC, ETH, XRP, BCH, LTC & USDT on Sept 18th, 2019, at 8am ET.

https://twitter.com/BinanceAmerica/status/1171853554971054080

Very limited number of coins only, you are right, why there's no BNB when it's the product of the exchange?
Would this mean that the old Binance set up is better the Binance US because with the old set up, traders has a lot of choices to trade in the altcoins marekt.

Actually, it's not going to be very easy for US Binance to list BNB because of:

I find it a bit weird BNB isn't considered to be somewhere in security territory. It was launched with an ICO and its value hangs on the success of one corporation. I suppose it's not ownership of Binance as such but it's one hell of a long way from something like BTC.

Binance is playing with fire with that one. They burn BNB based on profits made -- lowering the circulating supply -- so it seems like there is indeed an expectation of profits. These are the four metrics of the Howey Test. BNB seems to fit every one:

Quote
  • It is an investment of money
  • There is an expectation of profits from the investment
  • The investment of money is in a common enterprise
  • Any profit comes from the efforts of a promoter or third party

Arguably, they issued unregistered securities to US persons. I also don't think that's the only area where they have legal exposure to the SEC.

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jerry0
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September 15, 2019, 01:39:32 AM
 #3185

I'm American and registered my binance account outside the US a while back.  At the moment, i can still log into binance.  So at the moment, americans can no longer trade on binance?  How long do we have until we have to withdraw our coins?  I still have some coins on binance.  So can Americans still trade now or not?



One other thing i want to ask.  I deposited btc into binance over 1 year ago.  It was for around 0.10 btc or so.  I took a look at my old email and see that on a certain date, i sent 0.10 btc to btc over a year ago.  But i want to know, is there a way now to see how i got that btc sent to binance?  Because over 1 year ago, i used electrum but when i look at my old transactions, i do not see 0.10 btc sent on that date.  Thus the btc sent to binance was sent from another site.  But i do not know what site it was.  Such as it is most likely a gambling site where i requested btc and had it to sent to binance.  But i check those gambling sites i used but cannot find history of me withdrawing btc that date.  But im close to 100% sure the 0.10 btc sent to binance that day was either a gambling site or bittrex.



Can someone tell me how i can find this information out?  Its for tax purposes.  Also is there a way to see what btc address was used to send the 0.10 btc to my binance account?  I basically did a trade that same day to buy altcoins.  But i do not know where the 0.10 btc came from exactly to binance.
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September 16, 2019, 03:54:42 PM
 #3186

guys, dont forget to claim your tickets today for the next BAND ioe  Wink

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rdbase
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September 16, 2019, 03:57:41 PM
 #3187

I heard from an article read by a crypto youtuber yesterday their futures site was hacked.
Dont know if this was true or not but it could be related to this thread since it is the most recent incident found out about:
https://bitcointalk.org/index.php?topic=5143562
So just launching it thinking they had all the possible holes determined and so was fully secure by now. Undecided

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September 17, 2019, 04:20:36 AM
 #3188

I opened a binance account over 1 year ago.  I'm American but I'm outside the US almost all year.  I did just a few trades on binance, nothing much.


As of now, US customers cannot log into binance with their US IP addresses?  Or they still can?  What about those US customers who still have coins in binance?  Can they still withdraw?


When you register, it does ask you what country you are from right?  Did it ask you for your address?  When i registered for binance last year, i don't remember if they ask me any of these questions.  My account is not verified.  I am outside the US at the moment and can log into binance.  So i can still trade while outside the US?  Is there a way to find out if i registered as a US customer when i created an account?  I do not remember if binance ask me any of this.  So is it fine keep my coins in binance still or withdraw the,?
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September 17, 2019, 05:53:32 AM
 #3189

I opened a binance account over 1 year ago.  I'm American but I'm outside the US almost all year.  I did just a few trades on binance, nothing much.
As of now, US customers cannot log into binance with their US IP addresses?
Yes, US IP Addresses are blocked. this was effective from 12th/september/2019

What about those US customers who still have coins in binance?  Can they still withdraw?
Withdraw is possible. Depositing and trading is not possible

When you register, it does ask you what country you are from right?
Did it ask you for your address?  When i registered for binance last year, i don't remember if they ask me any of these questions.  My account is not verified.
No they don't. It's only when you are trying to verify your account to level one

I am outside the US at the moment and can log into binance.  So i can still trade while outside the US?
Yes

Is there a way to find out if i registered as a US customer when i created an account?  I do not remember if binance ask me any of this.  So is it fine keep my coins in binance still or withdraw the,?
It's only probably through your registration IP address since you have not yet verified your account as US resident. Registration IP address is not conclusive thou since some people use VPNs when registering

So sometimes if you break their terms of agreement, they may ask you to verify you account before unlocking it. This is rare but it could happen so it's better to play it safe and follow the TOAs

Binance is planning to launch a platform majorly for US Residents. Am guessing it won't have many coins and trade pairs like the main platform.
https://www.binance.com/en/blog/346119082624540672/Binance-Announces-Partnership-with-BAM-to-Launch-US-Exchange

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|ROULETTE
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jerry0
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September 17, 2019, 05:37:31 PM
 #3190

So how in the world do those users even withdraw funds then if their ip address are blocked?


Okay so they didn't ask for my location when i registered binance.  No wonder why i can log in without an issue.  But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?



So as long as you are unverified and outside the US when you created an account, you are free to use as you please?  What about users who registered from the US but visit outside the US?  They can or can't access their accounts with nonUS ip address?


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September 17, 2019, 06:45:18 PM
 #3191

So how in the world do those users even withdraw funds then if their ip address are blocked?


Okay so they didn't ask for my location when i registered binance.  No wonder why i can log in without an issue.  But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?



So as long as you are unverified and outside the US when you created an account, you are free to use as you please?  What about users who registered from the US but visit outside the US?  They can or can't access their accounts with nonUS ip address?



Based on what i had understand on such situation.No doubt that you can access your account with NonUS ip address but as you said you verified it using up US documents which im pretty sure sooner or later that account would be locked nor prohibited.Dont know why they havent done it 100% for those US users.


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September 20, 2019, 03:14:45 AM
 #3192

Binance to Launch Fiat-to-Crypto OTC for Chinese Yuan in October

Cryptocurrency giant Binance plans to roll out its over-the-counter (OTC) trading platform for Chinese yuan in October.

https://cointelegraph.com/news/binance-to-launch-fiat-to-crypto-otc-for-chinese-yuan-in-october

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September 20, 2019, 06:08:43 AM
 #3193

So how in the world do those users even withdraw funds then if their ip address are blocked?


Okay so they didn't ask for my location when i registered binance.  No wonder why i can log in without an issue.  But had i did verification with them with my US documents but im outside the US with a nonUS ip address, would that mean i could no longer log into binance now?



So as long as you are unverified and outside the US when you created an account, you are free to use as you please?  What about users who registered from the US but visit outside the US?  They can or can't access their accounts with nonUS ip address?



Based on what i had understand on such situation.No doubt that you can access your account with NonUS ip address but as you said you verified it using up US documents which im pretty sure sooner or later that account would be locked nor prohibited.Dont know why they havent done it 100% for those US users.

Yes, we shouldn't cheat the system because if they find anything that we are cheating them, definitely they will block your accounts without any intimation. So it is not a wise decision to use fake IP address because support members are watching in the back end.

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September 20, 2019, 09:29:01 AM
 #3194

The previous Binance IEO was not performing well, many people disappointed with the result. They holding so much BNB for joined IEO but what they can get is not comparable. Most of the participants profit from IEO just to cover their loss from holding BNB. This makes Binance IEO image getting worse.
Is Binance has a strategy to recover its image?

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September 20, 2019, 12:21:36 PM
 #3195

The previous Binance IEO was not performing well, many people disappointed with the result. They holding so much BNB for joined IEO but what they can get is not comparable. Most of the participants profit from IEO just to cover their loss from holding BNB. This makes Binance IEO image getting worse.
Is Binance has a strategy to recover its image?
It's wrong to think that every IEO of Binance will be successful, that's being unrealistic.
There is a risk in investing because we don't know if the project will be a success or a failure, so we have to accept if things does not go on our expectation.

There are some IEO in the past that are successful and as long as Binance continues to run and IEO, that will only make the exchange to grow more.
Also, projects that does not perform well in the beginning does not mean it has no chance to grow in the long run.

 
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September 20, 2019, 01:24:20 PM
 #3196

$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.
BNB might not be doing good this past few weeks but I still believe in the power of Binance exchange and its Binance Chain. Many quality projects have been migrating to binance chain just to be listed on binance dex and soon to be listed on binance cex. Its just a matter of time before we fully see that BNB will defeat ETH in terms of marketcap.

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September 21, 2019, 06:34:43 AM
 #3197

20 Episode Binance Podcast in which Binance Labs director Christy Choi and Vincent Niu, founder of Dapp.Review are discussing how blockchain games will affect cryptography in general and whether they will become killers

https://www.youtube.com/watch?v=drb_97Put9k

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September 26, 2019, 06:36:56 AM
 #3198

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017.

https://cointelegraph.com/news/chinese-homecoming-crypto-companies-make-their-way-back-to-asia


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September 26, 2019, 02:29:44 PM
 #3199

Another flash crash on an exchange but this time in relation to binances stablecoin.
Traders were able to get bitcoin at $1,820 with its usd pairing per coin yesterday.
https://dailyhodl.com/2019/09/25/flash-crash-crypto-traders-buy-bitcoin-btc-at-1820-using-binance-stablecoin
https://beincrypto.com/bitcoin-bought-at-1800-with-binances-unstable-stablecoin

Although these rarely happen they seem to every quarter between other major exchanges such as bittrex and poloniex.

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September 26, 2019, 05:59:33 PM
 #3200

Wow this post is from 2017, who bought Bnb then made some nice income by now! What was Bnb ico price?

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