Binance: $BNB The Future of Exchanges.

[slaman29]

Bought at 20 cents.. Talk about mad profits!!

That's only happen if he still HODL or didn't sell his BNB yet until now. I doubt it someone can HODL since it was only less than $1 to $350 now. People's Hodl power mostly only for 10x or 20x as highest, almost no one can HODL until it 350x increase

I'm worse. I got them free, don't remember how much. But I traded it all or used it up to pay fees and save a few dollars worth of commissions (you get it cheaper in those days if you use BNB to pay fees).

So I practically "sold" for dollars only and I could have had a tidy sum if I held on but still. No regrets. Except before I go to sleep and cry:P

[Inspiron14]

BNB is an altcoin that has a bright future, and currently BNB is a tight competitor for etherem, even though the price of BNB is still very far from etherem, I believe that one day binance will become the best exchange currency in crypto, because this altcoin has enormous potential  and good for the future

If binance is listed on the BNB currency exchange then the future of this currency is much better and the demand doubles but if the price of ethereum increases these currencies will rise. Ethereum is the best of the altcoins and BNB is in a much better position after ethereum everyone is choosing BNB for the exchange.

Is BNB already listed on Binance Exchange? don't you know this? Or do you look stupid? everyone in the crypto world knows that BNB has been listed on Binance,
yup I many thank for Binance, that Binance has taken care of my assets for 3 years, of course this is a good thing, if Binance is able to provide the best forever,
then futures from Binance are gone can be denied

[Bay_Harbour_Butcher]

I honestly agree with you, for now there are still some exchanges that can compete with binance, such as coinbase and huobi, but if you look at the volume of the exchange, binance is ranked 1st, and I'm sure in the future binance will be a very important part influential in the crypto world

[numanoid]

Bought at 20 cents.. Talk about mad profits!!

That's only happen if he still HODL or didn't sell his BNB yet until now. I doubt it someone can HODL since it was only less than $1 to $350 now. People's Hodl power mostly only for 10x or 20x as highest, almost no one can HODL until it 350x increase

I'm worse. I got them free, don't remember how much. But I traded it all or used it up to pay fees and save a few dollars worth of commissions (you get it cheaper in those days if you use BNB to pay fees).

So I practically "sold" for dollars only and I could have had a tidy sum if I held on but still. No regrets. Except before I go to sleep and cry:P

Oh damn it, something you got for free now worth more than $300 for each coin. But you can only move on now, no need to regret or anything again as it already happened.

I honestly agree with you, for now there are still some exchanges that can compete with binance, such as coinbase and huobi, but if you look at the volume of the exchange, binance is ranked 1st, and I'm sure in the future binance will be a very important part influential in the crypto world

Even they combined their volume, it won't be as much as binance has. That's very crazy indeed? 2 biggest exchanges below binance, combined their volume but still can't beat binance, that's prove us how big is binance

[btc78]

I honestly agree with you, for now there are still some exchanges that can compete with binance, such as coinbase and huobi, but if you look at the volume of the exchange, binance is ranked 1st, and I'm sure in the future binance will be a very important part influential in the crypto world

actually binance is becoming more popular because of their Lite Strictness in terms of dealing with their users not like the 2 mentioned that has very strict policies .
and also binance is giving many features to the newbie traders and that made them going popular and ranked 1 over the years now.
and also their programs in terms of helping the world when there are phenomenon , they are simply the best.

[clarkt]

Binance exchange have surpassed expectations and have breaking the ceiling  of limitations!  I got to know binance in 2018 after 2017 Bull market,  and I have ever since invest in bnb.  The binance exchange have become a force in cryptocurrency that we may no longer do without.  Those who under estimated binance can now see that they were wrong!

[slaman29]

The new Binance NFT marketplace is launching today.

https://www.coindesk.com/binance-nft-marketplace-warhol-dali

Interesting. Very interesting. I know NFT market has been cooling off for weeks now if not since May even after all those crazy multi million deals but Warhol and Dali are big names in the art scene. I wonder how Binance managed to get those deals.

I guess we'll start seeing not so popular tokens hit Binance now too. Those from pancakeswap for example.

[elisabetheva]

I honestly agree with you, for now there are still some exchanges that can compete with binance, such as coinbase and huobi, but if you look at the volume of the exchange, binance is ranked 1st, and I'm sure in the future binance will be a very important part influential in the crypto world

maybe if you look at the volume of the exchange, it seems difficult for  to try to shift, because the transactions carried out on binance are indeed extraordinary, because they are included in all sectors. So it looks like Binance is in control of the exchange for now.

but we also can't ignore other exchanges that do have their advantages too. We know that every exchange will always provide the best, safest and easiest transactions for those who want to use it. everyone will seek the best from the experience done so far. to remember a lot too because you are comfortable on one exchange and it is not easy to switch if there are no problems.

[onecall123]

I honestly agree with you, for now there are still some exchanges that can compete with binance, such as coinbase and huobi, but if you look at the volume of the exchange, binance is ranked 1st, and I'm sure in the future binance will be a very important part influential in the crypto world

maybe if you look at the volume of the exchange, it seems difficult for  to try to shift, because the transactions carried out on binance are indeed extraordinary, because they are included in all sectors. So it looks like Binance is in control of the exchange for now.

but we also can't ignore other exchanges that do have their advantages too. We know that every exchange will always provide the best, safest and easiest transactions for those who want to use it. everyone will seek the best from the experience done so far. to remember a lot too because you are comfortable on one exchange and it is not easy to switch if there are no problems.

Just use Binance, only force to use other exchanges if any coins isn't listed on Binance. Situation is something like tough to ignore Binance, this exchange volume and operation are extremely big to disregard. However, just put all faith in one exchange will not a decent practice. Binance is still good to go though.

[pangu]

Lympo collaborates with Binance NFT marketplace to host NFTs of famous athletes and personalities from the world of sports:
https://www.animocabrands.com/lympo-collaborates-with-binance-nft-marketplace

[shogun47]

For travel restrictions Binance is deploying its CipherTrace Traveler to help with compliance.

https://ciphertrace.com/

https://www.binance.com/en/blog/421499824684902268/As-Part-of-Ongoing-Commitment-to-Compliance-Binance-Deploys-CipherTrace-Traveler

I have no idea how precise that system is and what kind of information it is able to gather, but Binance still seems to try to be as user friendly as possible. Did they say when they will start deploying that tool? Or are they already deploying it? If yes, did anyone try to circumvent their geo location restrictions?

[tabas]

For travel restrictions Binance is deploying its CipherTrace Traveler to help with compliance.

https://ciphertrace.com/

https://www.binance.com/en/blog/421499824684902268/As-Part-of-Ongoing-Commitment-to-Compliance-Binance-Deploys-CipherTrace-Traveler

I have no idea how precise that system is and what kind of information it is able to gather, but Binance still seems to try to be as user friendly as possible. Did they say when they will start deploying that tool? Or are they already deploying it? If yes, did anyone try to circumvent their geo location restrictions?

They are user friendly but that won't be enough to be as friendly as they with the regulators. It's not a tool that they've hired but it's someone that's more knowledgeable how to deal with the regulators and pursue with such compliance.

[shogun47]

For travel restrictions Binance is deploying its CipherTrace Traveler to help with compliance.

https://ciphertrace.com/

https://www.binance.com/en/blog/421499824684902268/As-Part-of-Ongoing-Commitment-to-Compliance-Binance-Deploys-CipherTrace-Traveler

I have no idea how precise that system is and what kind of information it is able to gather, but Binance still seems to try to be as user friendly as possible. Did they say when they will start deploying that tool? Or are they already deploying it? If yes, did anyone try to circumvent their geo location restrictions?

They are user friendly but that won't be enough to be as friendly as they with the regulators. It's not a tool that they've hired but it's someone that's more knowledgeable how to deal with the regulators and pursue with such compliance.

Erm, well maybe you know more than me then. I thought that this CipherTrace stuff is a technology that helps with blockchain analysis and the identification of suspicious accounts? I might be wrong here though and I am not exactly sure where I read it, but I thought it is a technology offered by an external party. They might of course also help with regulatory issues, which makes a whole lot of sense.

[BobK71]

Binance is a top and trusted Exchange. I trust this Exchange and i am using this Exchanger as my Crypto-currency Bank. I am holding all my Crypto in Binance Exchange

[stadus]

Binance is a top and trusted Exchange. I trust this Exchange and i am using this Exchanger as my Crypto-currency Bank. I am holding all my Crypto in Binance Exchange

Same here, if I rank the exchanges I'm using, definitely Binance will be in rank number 1.

There's a reason why Binance is the number 1 exchange now worldwide, and with that, we can say that its future is very promising though it has already achieved big success as of now. You can trust them as they continue to develop their platform, not only as an exchange but a blockchain as well, they give solution to the problem like high transaction fees, that's why people love them, and that confidence will make them be more inspired to continue developing the project and continue surprising us with great updates.

[Hendra gunawan]

yes, until now binance is the best exchange with the largest volume and most usage.  They continue to innovate, such as creating their own blockchain.  At first the BNB coin was only to reduce trading fees but now many people are using the BNB coin for transactions.  This transaction on BNB is fast and cheap.

[mrjoy15]

Binance will lower down daily withdrawal limits. More restriction will be introduced in the upcoming days with new account registrations, they are gonna force you to do KYC to level up withdrawal limit. This sounds good? Binance keep terrible, they are having issue in certain cases.

[cygan]

here some news about Binance and the current changes and further procedures

Binance, the world’s largest cryptocurrency exchange, continues adopting new leverage trading restrictions on its futures platform in a move to expand consumer protection.

After introducing a 20x leverage limit for new users on July 19, Binance Futures is preparing to apply the same limit for existing users soon, Binance CEO Changpeng Zhao announced Sunday.

https://cointelegraph.com/news/binance-futures-to-limit-leverage-to-20x-for-existing-users

Binance officially announced Monday that the exchange would delist margin trading pairs for three fiat currencies: the euro, the Australian dollar and the British pound sterling.

https://cointelegraph.com/news/binance-to-delist-eur-gbp-and-aud-margin-trading-pairs

According to a Tuesday report from Reuters, Zhao, also known as CZ, hinted Binance would depart from its decentralized approach to finance and wanted the exchange to coordinate with regulators as the company expands.

"We want to be licensed everywhere," said CZ. "From now on, we’re going to be a financial institution."

https://cointelegraph.com/news/binance-will-work-with-regulators-as-it-expands-says-ceo

[lepbagong]

Binance will lower down daily withdrawal limits. More restriction will be introduced in the upcoming days with new account registrations, they are gonna force you to do KYC to level up withdrawal limit. This sounds good? Binance keep terrible, they are having issue in certain cases.

it seems as long as for future improvements from irresponsible attacks, it must be tightened so that there are guarantees that can make people not dare to do something that violates, even though KYC may still have loopholes that will occur but minimizing bad deeds is a good alternative and it must be done so that as a user also feel comfortable later, at least there is accountability from binance itself that is what is desired.

[Serco]

Binance will lower down daily withdrawal limits. More restriction will be introduced in the upcoming days with new account registrations, they are gonna force you to do KYC to level up withdrawal limit. This sounds good? Binance keep terrible, they are having issue in certain cases.

i know this policy to protect their customer although actually we don't know why this rules must issued, but since binance have trouble with local regulator , binance team start doing preventing action so their customer will saved someday . If we dont pass this kyc , there are alot exchanges provide different policy with binance that maybe will suitable with us.