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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131864 times)
Sanitough
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April 06, 2020, 01:14:36 PM
 #3301

After Buying the CoinMarketCapitalization site?then for sure Binance is the most promising and dedicated Exchange in the world now.
Definitely, the fact that they spend $400 million on buying the CMC, that shows how big their company is and they'll surely benefit on buying that site.
CMC now own by Binance and coins listed in Binance will automatically get a place and CMC, even those project under IEO.


this is indication that they are serious in their Business by extending the company and helping the world in every step of the way.

after renovating the CMC i am sure there will be a Pump that will happen in BNB currency.

They have been very serious even from the start, the reason why they are so successful now.

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April 06, 2020, 02:16:52 PM
 #3302

and there is the next 'new option' on the binance exchange:

https://binance.zendesk.com/hc/en-us/articles/360041952611

Quote
Binance is excited to announce that we have released hedge mode on Binance Futures. In hedge mode, users can hold positions in both long and short directions at the same time under the same contract. Users will now be able to switch between one-way mode and hedge mode in the Preference settings. The position mode is set as one-way mode by default.

the innovations at binance will never stop...  Cool

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dreamax25
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April 08, 2020, 11:41:20 AM
 #3303

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/
mirakal
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April 09, 2020, 08:50:08 AM
 #3304

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/

No doubt BNB should be in the top 5, this year though we are still in the 1st half of the year, there's already big news about BNB including buying CMC and adding more fiat gateway on their exchange, so that's should increase the potential of BNB in the future.

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April 11, 2020, 04:50:36 AM
 #3305

Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies

The new service, announced April 10, will extend card support for the Colombian peso, the South Korean won, the Kenyan shilling, the Kazakhstani tenge and Peru’s neuvo sol.

https://cointelegraph.com/news/binance-users-can-now-buy-crypto-using-debit-cards-in-5-new-fiat-currencies

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puremage111
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April 11, 2020, 04:29:40 PM
 #3306

The post is in 2017
Well i didn't really believe in Binance that time because it seems spending too much on marketing
I don't really put much of trust in It

Until over certain time, i realise it has quite a number of liquidity, maybe its marketing work
And i use Binance till now

I would say despite DEX is something for future but CEX like Binance now wouldn't just go dissapear because of DEX
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April 11, 2020, 11:43:15 PM
 #3307

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/

No doubt BNB should be in the top 5, this year though we are still in the 1st half of the year, there's already big news about BNB including buying CMC and adding more fiat gateway on their exchange, so that's should increase the potential of BNB in the future.

CMC buying is not officially confirmed by the Binance CZ, I hope people are spreading the news about that, if this is real then we might see many fake coins will eliminate in the market. In the same way, with the exchanges which are generating fake volumes will also be terminated but Binance team.


I think it's already confirmed according to this article below.

https://www.coindesk.com/binances-coinmarketcap-acquisition-is-a-bet-that-crypto-really-is-for-the-masses
Quote
‘They Have the Users’: Binance CEO Explains Why He Bought CoinMarketCap


Quote
The largest cryptocurrency exchange by market volume has acquired popular data site CoinMarketCap (CMC) for an undisclosed price, the companies announced Thursday. Binance CEO Changpeng “CZ” Zhao told CoinDesk the deal closed March 31, although a verbal agreement had been reached “a few months ago.”

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CaVO32
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April 11, 2020, 11:56:26 PM
 #3308

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/

No doubt BNB should be in the top 5, this year though we are still in the 1st half of the year, there's already big news about BNB including buying CMC and adding more fiat gateway on their exchange, so that's should increase the potential of BNB in the future.

CMC buying is not officially confirmed by the Binance CZ, I hope people are spreading the news about that, if this is real then we might see many fake coins will eliminate in the market. In the same way, with the exchanges which are generating fake volumes will also be terminated but Binance team.


I think it's already confirmed according to this article below.

https://www.coindesk.com/binances-coinmarketcap-acquisition-is-a-bet-that-crypto-really-is-for-the-masses
Quote
‘They Have the Users’: Binance CEO Explains Why He Bought CoinMarketCap


Quote
The largest cryptocurrency exchange by market volume has acquired popular data site CoinMarketCap (CMC) for an undisclosed price, the companies announced Thursday. Binance CEO Changpeng “CZ” Zhao told CoinDesk the deal closed March 31, although a verbal agreement had been reached “a few months ago.”

From the time the OP posted this thread, 3 years this coming August, BNB has progressed positively in the market. Though they had been hacked, and lost a lot also, but they recovered fast, and still giving donations around the world.

https://news.bitcoin.com/binance-donates-1-million-in-crypto-for-australian-bushfire-relief/
https://cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation

And recently, they acquired CMC. Right now, they are the talk in crypto as one of the best and reputable crypto exchanges. A lot of crypto users are attesting that they have good experience with BNB. And they still keep on innovating to improve their services. Also, when they add their DEX last year, they are catering users that prefer to trade their coins in Dex, which in my opinion, is relatively safe as compared to others.

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April 12, 2020, 12:00:37 PM
 #3309

From the time the OP posted this thread, 3 years this coming August, BNB has progressed positively in the market. Though they had been hacked, and lost a lot also, but they recovered fast, and still giving donations around the world.

https://news.bitcoin.com/binance-donates-1-million-in-crypto-for-australian-bushfire-relief/
https://cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation

And recently, they acquired CMC. Right now, they are the talk in crypto as one of the best and reputable crypto exchanges. A lot of crypto users are attesting that they have good experience with BNB. And they still keep on innovating to improve their services. Also, when they add their DEX last year, they are catering users that prefer to trade their coins in Dex, which in my opinion, is relatively safe as compared to others.
Somehow, I am not a BNB investor, but I am an active user of the Binance cryptocurrency exchange.  I am completely satisfied with the opportunities provided for traders by this exchange and am fully confident in the safety of all my funds.  A very good feature of Binance is the fact that the administration has created a fund that guarantees a refund in case of hacking and theft.  Indeed, for all the time I watched Binance, I have not seen negative reviews about the resource, so even buying Coinmarketcap in any case will benefit both resources and users as well.
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April 13, 2020, 03:32:49 AM
 #3310

Binance Savings adds XRP and XLM to Flexible Deposits
https://binance.zendesk.com/hc/en-us/articles/360042115811

In a recent announcment, the firm said that it has added XRP and XLM to the list of assets supported on Flexible Deposits for Binance Savings.  Flexible Deposits is a value-added service to Binance users who hold idle digital assets in the platform. 

https://tokenpost.com/Binance-Savings-adds-XRP-and-XLM-to-Flexible-Deposits-5425




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April 13, 2020, 05:20:41 AM
 #3311

The post is in 2017
Well i didn't really believe in Binance that time because it seems spending too much on marketing
I don't really put much of trust in It

Until over certain time, i realise it has quite a number of liquidity, maybe its marketing work
And i use Binance till now

I would say despite DEX is something for future but CEX like Binance now wouldn't just go dissapear because of DEX

I also see that what you are saying is the truth that indeed Binance is right to make many changes to correct it when there is a problem. at this time binance is very reliable because their team is very reliable to keep the exchanges,  can run well without any significant mistakes. although there can still be helped to resolve well.

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April 13, 2020, 10:46:32 AM
 #3312

The post is in 2017
Well i didn't really believe in Binance that time because it seems spending too much on marketing
I don't really put much of trust in It

Until over certain time, i realise it has quite a number of liquidity, maybe its marketing work
And i use Binance till now

I would say despite DEX is something for future but CEX like Binance now wouldn't just go dissapear because of DEX

I also see that what you are saying is the truth that indeed Binance is right to make many changes to correct it when there is a problem. at this time binance is very reliable because their team is very reliable to keep the exchanges,  can run well without any significant mistakes. although there can still be helped to resolve well.

Binance easily correct if there is a problem, even the biggest that could already close the business if it happened to other exchanges, that is why many trust Binance because they are reliable, and they fail to give big improvement as the project is going on.

This year is not over yet, expect more good news to come.

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April 13, 2020, 12:23:51 PM
 #3313

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/

No doubt BNB should be in the top 5, this year though we are still in the 1st half of the year, there's already big news about BNB including buying CMC and adding more fiat gateway on their exchange, so that's should increase the potential of BNB in the future.
BNB is a coin that has a lot of support from investors and many people see this as the best long-term option because since this coin came out, I have never lost money and always earn good profits.

Of course this is because IEO projects are always very efficient and always help investors earn huge profits. I am sure that in the near future BNB will always be a safe choice for everyone.
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April 13, 2020, 12:58:15 PM
 #3314

Binance Coin got ranked as one of the top coins to watch in April!

Read more:

https://coincodex.com/article/7677/top-5-coins-to-watch-april-2020/

No doubt BNB should be in the top 5, this year though we are still in the 1st half of the year, there's already big news about BNB including buying CMC and adding more fiat gateway on their exchange, so that's should increase the potential of BNB in the future.
BNB is a coin that has a lot of support from investors and many people see this as the best long-term option because since this coin came out, I have never lost money and always earn good profits.
That's good for you, but though BNB is a good coin but sometimes I also lose trading it not doing the righ timing.

Of course this is because IEO projects are always very efficient and always help investors earn huge profits.
This is wrong again, not all projects under IEO in binance are successful, hence investors does not always earn huge  profit.

I am sure that in the near future BNB will always be a safe choice for everyone.
It's a safe choice but it does not guarantee that investing with BNB will always bring success.

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April 14, 2020, 05:35:55 AM
 #3315

Binance’s US Arm to Launch Tezos Staking This Week
https://support.binance.us/hc/en-us/articles/360042223611-Binance-US-Will-Launch-Staking-Rewards-for-Tezos-XTZ-

As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s biggest crypto exchange, Binance, will launch staking rewards this week.


https://cointelegraph.com/news/binances-us-arm-to-launch-tezos-staking-this-week

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April 14, 2020, 07:46:30 AM
 #3316

Cartesi is the next project which will start an ioe on the binance launchpad

Quote
Cartesi is building an operating system for dApps. The project enables complex and intensive computations run in a Linux environment, outside the blockchain, without compromising decentralization. Cartesi aims to make dApps significantly more powerful, cost-effective, easier to develop, and portable. The goal is to bring mainstream productivity to developers and a satisfying experience for users.

https://launchpad.binance.com/en/lottery/b135073088dd4ce7ae8c40a52a99628d

Quote
Binance will record user BNB balances for 7 days from 2020/04/14 00:00 AM (UTC) to 2020/04/21 00:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 7 days, but using the Daily Average BNB Balance calculation previously announced here.

https://binance.zendesk.com/hc/en-us/articles/360041795572

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April 14, 2020, 10:57:12 PM
 #3317

CZ really knows how to squeeze the profits off from Indian and Indonesian crypto community:

Binance Continues Global Push With Launch of P2P Trades for Rupee and Rupiah

https://cointelegraph.com/news/binance-continues-global-push-with-launch-of-p2p-trades-for-rupee-and-rupiah

I don't know about any other crypto-related project which has been this serious within these two countries; these two are largely ignored by others due to the majority of the poor population.
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April 14, 2020, 11:25:07 PM
 #3318

I don't know about any other crypto-related project which has been this serious within these two countries; these two are largely ignored by others due to the majority of the poor population.

But recently there was a news that India lift the ban for cryptocurrency, that's why CZ entered in the market.
yes, majority of the population are poor but India has a big population and CZ can still make money out of it as he is looking on the future here.

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April 15, 2020, 11:26:18 AM
 #3319

Also, when they add their DEX last year, they are catering users that prefer to trade their coins in Dex, which in my opinion, is relatively safe as compared to others.



DEX was not a success IMO, why? because this it was not the DEX people are expecting, using Binance DEX have some restrictions and some countries are not allowed to use the exchange. 

https://cointelegraph.com/news/binance-dex-will-geoblock-users-from-29-countries-including-the-us

Quote
“It seems you are accessing www.binance.org from an IP address belonging to one of the following countries:

USA, Albania, Belarus, Bosnia, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, the Crimea region of Ukraine, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, or Zimbabwe.”

that will prompt if your IP belongs to any country in the list, you are not allowed.

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April 15, 2020, 12:01:56 PM
 #3320

DEX was not a success IMO, why? because this it was not the DEX people are expecting, using Binance DEX have some restrictions and some countries are not allowed to use the exchange. 

https://cointelegraph.com/news/binance-dex-will-geoblock-users-from-29-countries-including-the-us
You are right the DEX was not successful. At the moment I see many tokens listed there but only have a small volume. Looks like CZ needs to make a big update with Binance DEX

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