Binance: $BNB The Future of Exchanges.

[Sanitough]

Binance exchange is the best exchange currently right now lots,  and I believe that they will wanna do all possible best to remain at the top,  if they fall their token will also fall,  so expect more astonishing things from CZ

They could fall but what they've been achieving so far tells us that they are going for more success as we have a smart team who are very good in competing with other projects.

Also, can't help but notice this in Coinmarketcap (there's a blinking blue dot in their website stating there's something new in it) and didn't realize that Binance now has the no.1 rank in Derivatives - Perpetual Swaps Markets. 

I noticed that but I didn't check on it... great .. now they are the number 1, they beat the BitMEX, right?
Sorry not so familiar with Derivatives, I'm just a simple trader who buy at dip and try to sell at peak, Binance is really impressive. 

[1715621341]

1715621341

[mich]

Binance Issues ONT-Backed Token For DEX Trading

Binance recently issued ONT-33D, a token backed 1:1 with ONT coins and hosted on the exchange's blockchain.

https://cointelegraph.com/news/binance-issues-ont-backed-token-for-dex-trading

[mishax1]

[Roidz]

They could fall but what they've been achieving so far tells us that they are going for more success as we have a smart team who are very good in competing with other projects.

The success of binance cannot be separated from the important role of Changpeng Zao as the CEO of binance today, since its inception binance was able to continue to grow along with the development of cryptocurrency today, with a team that continues to work hard, and is supported by creative ideas to make binance one of the big exchanger currently available, with the support of the team, of course it will be very difficult for binance to be rivaled by other exchangers and it is unlikely that the binance could fall now.

[Raja_MBZ]

Maintenance coming in approximately 2 hours:

Binance System Upgrade Notice (2020/04/25)

https://binance.zendesk.com/hc/en-us/articles/360042668671

[mich]

Binance Hits $295M in Traded Volume for Newly-Launched Options Contract

Major crypto exchange Binance claims to have become the largest options venue in the cryptocurrency market, having hit $295 million in traded volume as of April 20.

https://cointelegraph.com/news/binance-hits-295m-in-traded-volume-for-newly-launched-options-contract

[drlukacs]

Binance Hits $295M in Traded Volume for Newly-Launched Options Contract

Major crypto exchange Binance claims to have become the largest options venue in the cryptocurrency market, having hit $295 million in traded volume as of April 20.

https://cointelegraph.com/news/binance-hits-295m-in-traded-volume-for-newly-launched-options-contract

This is really great and I think Binance will do something even bigger in 2020. The gambling needs of those who have a lot of money are increasing and they are focusing on trading at Binance a lot. This will give Binance exchanges a huge turnover. especially for Options, usually the house has a very high winning rate. In particular, Binance exchanges do not allow using normal typing times such as m1, m5 or m15, they only use m10 and m30 intervals and so it is difficult to correctly predict the trend. The more people participate, the more profitable exchanges. I really like Binance exchanges, they have so many ways to make huge profits!

[krayzie32]

BNB has allowed me to earn good money, it's a pity that now they will not bring the same profit as they could before

there is always a time when it will always happen to all, will experience ups and downs and is not always certain to make the best. but until now BNB is still very reliable because it is still fairly best it can be used as a reference. maybe there are also those who experience things that are not pleasant, it must be remembered all that nothing is perfect can please all.

many people are not ready to see volatility. I am sure that bnb will see a very strong rise in price. I think that when the market will feel good, the BNB will cost about $ 100 per coin, but when it will happen we do not know

After more than 2 years the OP posted this thread, Binance is still growing stronger as a crypto exchange. If this exchange will continue to innovate their services and their coverage of influence (i.e. acquisition of CMC), they will really have great potential in this market. Aside from that, this exchange doesn't forget to share their revenue by donating to others like the Australian Bushfire and for the Covid19 pandemic. How many exchanges do you know that can allot some of their earnings (in million dollars) to this kind of unfortunate situation around the world?

Binance will continue to dominate the entire market for a very long time and investors will definitely stay here because the exchange is very reputable and has never made me nervous to participate. Recently, the acquisition of Coinmarketcap has made Binance's strength more and more stable and this will surely make it difficult for new exchanges to compete.

[bearexin]

Futures are not really something that would be out of question, the market is filled with bitmex options so binance is not really all that suspicious about it neither. I think the real thing would be Binance looking to find another way to add in BNB related products, they did the DEX deal and the price of BNB increased like hell, however Dex is not doing as well as they imagined so the price went down, but if they can find multiple more ways to get people to use BNB that means they can keep it higher without a fall.

I don't know what that will be but I know that whenever there is a way to spend BNB, the price of it goes really high. There is also the staking platform thingy going on, I can see that growing in the near future as well, with the virus and all, people will start to look at passive income a lot better.

[kaconk]

Summarized great news during april from binance

- binance acquires coinmarketcap
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

- 11th quarterly BNB Burn - Binance burned 3.373.988 BNB, equivalent to 52.5 million USD worth of tokens
https://www.binance.com/en/blog/421499824684900521/11th-BNB-Burn-%7C-First-Quarter-Highlights-and-Notes-from-CZ

- binance release binance smart chain
https://www.binance.com/en/blog/421499824684900520/Binance-Chain-Community-Releases-Whitepaper-for-Enabling-Smart-Contracts

- Binance Launches Binance Pool
https://binance.zendesk.com/hc/en-us/articles/360042369432

am i missing something? 

[cygan]

Summarized great news during april from binance

- binance acquires coinmarketcap
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

- 11th quarterly BNB Burn - Binance burned 3.373.988 BNB, equivalent to 52.5 million USD worth of tokens
https://www.binance.com/en/blog/421499824684900521/11th-BNB-Burn-%7C-First-Quarter-Highlights-and-Notes-from-CZ

- binance release binance smart chain
https://www.binance.com/en/blog/421499824684900520/Binance-Chain-Community-Releases-Whitepaper-for-Enabling-Smart-Contracts

- Binance Launches Binance Pool
https://binance.zendesk.com/hc/en-us/articles/360042369432

am i missing something? 

yeah, maybe this last update...

-binance community coin vote round 8 - SWFTC vs CHR
https://binance.zendesk.com/hc/en-us/articles/360042371812

The vote will start at 2020/05/06 4:00 AM (UTC) for 24 hours and will close at 2020/05/07 4:00 AM (UTC).

[mich]

Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually

Binance Coin is currently the 8th largest cryptocurrency with a total market capitalization of $2.5 billion.

https://cryptopotato.com/opinion-binance-coin-bnb-is-the-most-undervalued-cryptocurrency-cz-hints-that-it-will-change-eventually/

[Questat]

Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually

Binance Coin is currently the 8th largest cryptocurrency with a total market capitalization of $2.5 billion.

https://cryptopotato.com/opinion-binance-coin-bnb-is-the-most-undervalued-cryptocurrency-cz-hints-that-it-will-change-eventually/

I totally agree with it, that's why I am aggressively investing with BNB coin, I believe it will continue to rise in the long run as the team are always making some development, it time especially when bitcoin starts to be bullish again, price will surely rise significantly again.

[miningguru]

Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually

Binance Coin is currently the 8th largest cryptocurrency with a total market capitalization of $2.5 billion.

https://cryptopotato.com/opinion-binance-coin-bnb-is-the-most-undervalued-cryptocurrency-cz-hints-that-it-will-change-eventually/

I totally agree with it, that's why I am aggressively investing with BNB coin, I believe it will continue to rise in the long run as the team are always making some development, it time especially when bitcoin starts to be bullish again, price will surely rise significantly again.

Agree, every day we see some aggressive market and researching from the Binance makes people believe in this coin when the Bitcoin is in Bullish automatically the price of BNB is also bullish. We should always aim BNB coin for the long run instead of waiting for the short term returns.

[mich]

Binance Sees Record High Trading Volume as Investors Flood into Crypto

The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown.

https://www.newsbtc.com/2020/04/30/binance-sees-record-high-trading-volume-as-investors-flood-into-crypto/

[stadus]

Binance Sees Record High Trading Volume as Investors Flood into Crypto

The crypto market has been able to add on over $20 billion to its total capitalization, with the upswing seen today by Bitcoin and many of its smaller counterparts marking a full erasure of the losses incurred during the mid-March meltdown.

https://www.newsbtc.com/2020/04/30/binance-sees-record-high-trading-volume-as-investors-flood-into-crypto/

That's right, first time I saw Binance having a $16 billion trading volume in just 24 hours, something is happening now, maybe this is the bulli run we are all waiting? https://coinmarketcap.com/rankings/exchanges/ (224% increase of volume in 24 hours)

[wozzek23]

I still can't believe binance can cover so much of the market, they are literally doing trading volume that nobody could even imagine right now, some others tries to "look" like they are doing better but there is no way anyone else is doing even remotely close as much as binance does.

Consider this for a second, if there are so many trades every single day, that means there must be a lot of BNB that is basically given to binance for trading fee as well, and that means those will be out of the market most probably. They will surely burn all of them or at least most of them, which is why every single day means there is less and less BNB left in the market and the value should be going up a lot as well, that is why I really love BNB, there is a utilization.

[mich]

Brave integrates Binance’s crypto widget
https://brave.com/binance-widget/

What distinguishes Binance’s widget is that the “widget content is built into the Brave desktop browser and is not loaded from Binance or any other server,” Catherine Corre, Brave’s Head of Communications told Decrypt. This, said Corre, protects a user’s privacy, since Binance’s servers will only interact with the widget if the user’s signed in through the browser.

https://decrypt.co/27268/brave-binance-crypto-widget-launch

[cygan]

https://cointelegraph.com/news/is-binance-getting-too-big-cz-responds

there is an exclusive interview with CZ from Binance responded to concerns about the size of his company.

[roberthays]

Binance are leading the pack to some degree. Their team are fantastic and it does indeed seem likely that they’ll make a huge impact in the market. I am increasingly interested in the innovations Binance will be rolling out in the coming years.