Binance: $BNB The Future of Exchanges.

[Bezobraznike]

Looks like BNB is gaining bullish momentum!

https://coincodex.com/article/6448/bnb-price-analysis-short-term-bulls-target-15/

   Bullish momentum is when price jumps for a dollar? I wouldn't call that a bullish momentum, but each of us have different
perspective.
    After reaching all time high price in June this year BNB is going down. We can discuss where will be the bottom, or this
is the bottom? I believe BNB will go back up very soon, when BNB enters real bullish momentum price will reach new all times
high, which can happen next year.

If price goes up a dollar when most of stuff is falling then it means something. It need correction as any overhyped coin does but it doesn't weaken BNB potential in the long term. I think bottom was in any it will be a steady rise for 2 or 3 years when binance continues to dominate the market with their features.

   Payak I definitely agree with you. Every over-hyped project, good term by the way, will face with correction eventually. I agree
with you that in the long-term correction doesn't hurt good projects, they will recover after that and make new top in time. But I
still think that 1$ is not a bullish momentum, and that price movement can't be a bullish momentum, it's just normal everyday volatility
that follow many new projects.

[1715503555]

1715503555

[jerry0]

Anyone here lend on binance and make interest?



Okay so binance lets you do this correct?  I looked at their site again and if you lend bnb... you get up to 15% annually... if its usdt... its 10%.  Can anyone here confirm this is legit?  Seems way too good?


Example imagine you had $10,000.  If you put it in a bank account or cd, at most you get 2 percent at the absolute max... more like under 1% or less or under $100 a year.  But if you buy btc with $10000 on binance and sell it for usdt... then have around $10000 usdt balance and lend it... at end of year, you will have $11000 usdt?  Can anyone confirm this?  Because the thing is usdt always seems to be pegged to the dollar so wouldn't that mean there is almost no risk?  Because then at end of year, you then sell it for btc and immediately send the btc to coinbase or bitstamp and sell it again immediately for usd... then you withdraw to bank account so that way... you are making around $1000 in 1 year on $10000?  Or is my math or logic wrong here?  The other thing is binance does not allow you to cash out directly to bank accounts right?  Or did that change as well?


Because if they offer 10%... if someone had $100,000, couldn't that person just do this and make $10000 in interest a year?  Now if usdt collapses, thats the only way you lose profit right?  But usdt seems to always stay close to or is 1 dollar?


The thing is im using the regular binance site.  But does their binance us site allow this as well or its only their nonus site?  I currently use their nonus site.

[coin_1122]

Anyone here lend on binance and make interest?



Okay so binance lets you do this correct?  I looked at their site again and if you lend bnb... you get up to 15% annually... if its usdt... its 10%.  Can anyone here confirm this is legit?  Seems way too good?


Example imagine you had $10,000.  If you put it in a bank account or cd, at most you get 2 percent at the absolute max... more like under 1% or less or under $100 a year.  But if you buy btc with $10000 on binance and sell it for usdt... then have around $10000 usdt balance and lend it... at end of year, you will have $11000 usdt?  Can anyone confirm this?  Because the thing is usdt always seems to be pegged to the dollar so wouldn't that mean there is almost no risk?  Because then at end of year, you then sell it for btc and immediately send the btc to coinbase or bitstamp and sell it again immediately for usd... then you withdraw to bank account so that way... you are making around $1000 in 1 year on $10000?  Or is my math or logic wrong here?  The other thing is binance does not allow you to cash out directly to bank accounts right?  Or did that change as well?


Because if they offer 10%... if someone had $100,000, couldn't that person just do this and make $10000 in interest a year?  Now if usdt collapses, thats the only way you lose profit right?  But usdt seems to always stay close to or is 1 dollar?


The thing is im using the regular binance site.  But does their binance us site allow this as well or its only their nonus site?  I currently use their nonus site.

I am very much impressed by the calculations, but whether they are delivering interest in a timely manner, my suggestion doesn't compare with the banks because in cryptocurrency there is no guarantee but we have to risk our money. Binance exchange is already proven which they have delivered their interest on time without any delay.

[Raja_MBZ]

Binance Coin is still looking bearish even though the market is slowly recovering after the recent drop.

Read more:

https://coincodex.com/article/6398/binance-coin-price-analysis-sizeable-correction-for-bnb-after-downfall-in-the-past-week/

I remember I posted here when the parabola broke - back in June/July:



It's almost 50% down since then.

[dreamax25]

After a while, Binance Coin is again ranked as #1 coin to watch for this week, due to the upcoming 10th BNB coin burn!

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

[mirakal]

After a while, Binance Coin is again ranked as #1 coin to watch for this week, due to the upcoming 10th BNB coin burn!

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

Good article, does it suggest that we should buy BNB now?

Well, I have a lot of BNB in my wallet so I would not probably add more, for short term traders, probably its their chance to buy cheap but we should always remember, though this news is good for BNB but we need Bitcoin to be bullish again, it seems stuck for now.

[JanpriX]

"Binance futures continues to dominate trading volume as spot trails."

Since mid-November, Binance Futures continued to dominate 75% of volumes on Binance its position as investors’ appetite for derivatives trading grows.

Code: (ARTICLE)

https://eng.ambcrypto.com/binance-futures-continues-to-dominate-trading-volume-as-spot-trails/

[gocryptowise]

Hey guys, so for any beginners or newcomers to Binance and their native BNB coin we wrote this detailed guide on how to buy BNB - we hope it helps https://gocryptowise.com/how-to-buy-bnb-binance-coin-easy-to-follow-guide/.

Basically the main steps are (you could go for two different options):
1. Get a secure BNB wallet (Ledger, Trezor or Binance wallet)
2. Sign up for Binance
3. ALT #1 Buy BNB directly from Binance with a card (slightly higher fees)
4. ALT #2 Buy BTC/ETH via Coinbase (lower fees)
5. ALT #2 Send BTH/ETH to Binance and buy BNB
6. Send BNB to secure hardware wallet (Ledger or Trezor) / or use Binance's web wallet (riskier)

So nothing crazy or out of the ordinary for experienced crypto people. But for the beginners, the detailed step by step guide with images might be helpful.

[btc78]

"Binance futures continues to dominate trading volume as spot trails."

Since mid-November, Binance Futures continued to dominate 75% of volumes on Binance its position as investors’ appetite for derivatives trading grows.

Code: (ARTICLE)

https://eng.ambcrypto.com/binance-futures-continues-to-dominate-trading-volume-as-spot-trails/

that's why i have no doubts about my Holdings of BNB as i knew it will continue to grow like what the exchange is doing i am sure the ranked 9 BNb now will go top again soon.

After a while, Binance Coin is again ranked as #1 coin to watch for this week, due to the upcoming 10th BNB coin burn!

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

thanks for the link mate,now we are getting much better again.BNB for future.

[sniveling]

BNB has clearly lost its prospects in mid-2019, and it is not much to believe that BNB will be the future of the exchanges.

[milewilda]

BNB has clearly lost its prospects in mid-2019, and it is not much to believe that BNB will be the future of the exchanges.

Then what you do want to see? For sure they've been thinking for another step to get ahead with the competition but it seems they are just quite even upto now but we don't know on what they are up to.

Nothing is certain when it comes to future and its success but somewhat they are striving and doing their best to retain their current position.

[WannaCry]

i would say that binance is one of the best exchange though there is an incident about hacking, they manage to save their customers assets.. their founder is doing his best to make his project successful, as we can see the status of binance it is the top exchange for crypto

[gocryptowise]

i would say that binance is one of the best exchange though there is an incident about hacking, they manage to save their customers assets.. their founder is doing his best to make his project successful, as we can see the status of binance it is the top exchange for crypto

Yep with the SAFU fund our funds are safu But yeah it's great to see actually!

[terciduk123]

BNB has clearly lost its prospects in mid-2019, and it is not much to believe that BNB will be the future of the exchanges.

Then what do you think about BNB current position in the top 10 in Coinmarketcap?
I think BNB is still a prospect for investment, CZ Binance is still very active in developing its exchanges, there are always new partnerships and Fiat additions "Binance Fiat Gateway"

[olumyd]

$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.

I better stock up on BNB, if it is undervalued now, it means it's only a matter of time before it hits $100. And while you may be right as being a target for both the Chinese and international markets only, what happens to America?

[Spider A4]

After a while, Binance Coin is again ranked as #1 coin to watch for this week, due to the upcoming 10th BNB coin burn!

Read more:

https://coincodex.com/article/6553/top-3-coins-to-watch-january-13-january-20-2020/

I don't know that before regarding BNB token burned, right after oct 03 BNB started increases, so i think definitely this was significant burned. The blog mentioned specially 3 coins those will top 3 coins in january, but i'm not find out good things in Waltonchain (WTC), it's always down trend coin even in current pumping market. Grin is strong potential coin in 2020, but those 3 coins never top 3 coinmarketcap rank coin.

[Script3d]

$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.

I better stock up on BNB, if it is undervalued now, it means it's only a matter of time before it hits $100. And while you may be right as being a target for both the Chinese and international markets only, what happens to America?

That's seems unrealistic for a exchange token, but i guess that's possible because of people buying it to get the benefits it offers. What he meant that it's for all people around the world, it's not limited to americans, you don't have to worry about that much.

[nekonyun]

and now the price of the BNB is down, because the market is in a bearish trend but, because  burn coin that still continues, I think if the market has entered a bullish trend BNB can make a new ATH

[DGulari]

and now the price of the BNB is down, because the market is in a bearish trend but, because  burn coin that still continues, I think if the market has entered a bullish trend BNB can make a new ATH

Market is in bearish? Try look again with crypto's price right now. Instead of bearish, we are still bullish to almost $9000 from $7800ish. Even for BNB it's has rise up to  $17.85 from $15 few days ago

[coinzzzpro]

and now the price of the BNB is down, because the market is in a bearish trend but, because  burn coin that still continues, I think if the market has entered a bullish trend BNB can make a new ATH

Market is in bearish? Try look again with crypto's price right now. Instead of bearish, we are still bullish to almost $9000 from $7800ish. Even for BNB it's has rise up to  $17.85 from $15 few days ago

Yes, the BNB is growing now, albeit slowly. Burning BNB did not affect the price much, I think a listing of a good IEO will help, there have been no new projects for a long time.