Binance: $BNB The Future of Exchanges.

[KennyR]

Binance explored the cryptomarket very earlier and understood the need of centralized platform to support the functionality of decentralised assets. Here Binance succeeded and tops the list. Even after different exchanges into existence it is hard for them to compete in terms of listing, launch, different features and various other parameters. We don't know what will be the future of Exchanges, but now it stands high as the leader.

[jossiel]

so its very clear on day bnb called the king of cryptocurrency.

I would have to disagree on that statement.

Bitcoin is the king of cryptocurrencies and ETH is the king of altcoins. Well, someday BNB would have that entitlement? I don't think so, I like BNB and holds a bit of it.

But I've never came up to that point of saying that it will be the king of cryptos. I want to make a profit from it and I'm good by just having that.

[judaspriest]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

[rendravolt]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

Not only that, binance is now also starting to enter the world of football, one of which is becoming the official sponsor of Lazio in Serie A. Of course this is a very smart move to see the opportunity to be more popular among the club's fans. Maybe after this Binance will expand into the world's top league teams such as Premier League and Spanish Laliga.

[Lambe Ndumble]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

Not only that, binance is now also starting to enter the world of football, one of which is becoming the official sponsor of Lazio in Serie A. Of course this is a very smart move to see the opportunity to be more popular among the club's fans. Maybe after this Binance will expand into the world's top league teams such as Premier League and Spanish Laliga.

A good step because of expansion and becoming an official sponsor of Lazio, I hope Binance will also be more active in long -term campaigns, thus making user trends continue to increase.

Hopefully this will be the first step that will be followed by other top exchanges.

[Pandu Geddon]

Not only that, binance is now also starting to enter the world of football, one of which is becoming the official sponsor of Lazio in Serie A. Of course this is a very smart move to see the opportunity to be more popular among the club's fans. Maybe after this Binance will expand into the world's top league teams such as Premier League and Spanish Laliga.

Binance is aware of the bigger market opportunity they can get in the football market. Big clubs have incredible fans. this could be a new adoption for binance marketing.
Binance does it all not cheap. there is a price for Binance to pay. Having said that, I think there is something big in mind for Binance in the future. this may be related to the future football business with crypto.

[rendravolt]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

Not only that, binance is now also starting to enter the world of football, one of which is becoming the official sponsor of Lazio in Serie A. Of course this is a very smart move to see the opportunity to be more popular among the club's fans. Maybe after this Binance will expand into the world's top league teams such as Premier League and Spanish Laliga.

A good step because of expansion and becoming an official sponsor of Lazio, I hope Binance will also be more active in long -term campaigns, thus making user trends continue to increase.

Hopefully this will be the first step that will be followed by other top exchanges.

There is one more thing that I know top exchange OKX has sponsored one of the premier league big clubs Manchester City even though it is only on their training uniforms, not on the match jerseys. But at least it's also a good boost for other exchanges to broaden their market for promotion.

[doomloop]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

Not only that, binance is now also starting to enter the world of football, one of which is becoming the official sponsor of Lazio in Serie A. Of course this is a very smart move to see the opportunity to be more popular among the club's fans. Maybe after this Binance will expand into the world's top league teams such as Premier League and Spanish Laliga.

Binance is already huge but they aren't stopping yet. They want to venture other fields in order for them to reach out to more people. I am not sure if this was a smart move because it wasn't free but they also need to pay big amount of money to make this possible but like I said earlier, they are now huge so they can still afford the cost.

What you are thinking there is possible since they already did the first step but they will see their stats first if it improve or not because they are also afraid that they will only risk big amounts for nothing. Binance isn't the first exchange to do a partnership like this but ftx do this before and they even have partnerships from other sports like racing.

[blockman]

There is one more thing that I know top exchange OKX has sponsored one of the premier league big clubs Manchester City even though it is only on their training uniforms, not on the match jerseys.

That's advertisement and companies do usually do that for more visibility and exposure on local and international TV viewing. Whether it's their official training or match uniforms, that's already a huge payment that they've got there as one of their sponsors.

But at least it's also a good boost for other exchanges to broaden their market for promotion.

Yes, for marketing. It's already a good way to advertise and be recognized by people. When some viewers got curious on what's attached on their training uniform, they'll search for it.

[irhact]

there is no doubt that Binance is already verified in the world and has become the best crypto market in the world even beating Coinbase and Kraken,
even though the best market was Bitmex, but Bitmex has turned into an ordinary exchange that doesn't even enter the top tier 1,
yes this is why Binance will be the king of exchanges in the future, and will also impact their coin BNB.

Binance isn't the future, it's the now. Binance is constantly improving on their service and that's what's making them stand out. They listen to their customers and list project that interest them. They also offer promotional deals that interest traders and they make use of theirs platform constantly to trade and participate in those competition. Binance also introduced zero trading on some trading pairs and soon they'll offer it to other trading pairs.
All this they do to stay relevant, Binance understand that it isn't about getting to the top but been able to stay there that matters and binance has all the funding to achieve any target they want. All I wish for is that they shouldn't suffer any major hacking that'll make them go off balance as that'll destroy the crypto market.

[KennyR]

It is the one that brings in new features to the platform that are much used by the cryptocurrency users. Along with the Exchange, the BNB growth is much influenced. The price have reached $330+ as tokens were distributed through its launchpad. For this staking in terms of BUSD and BNB is accepted. The growth happening in a mutual way between the platform and the coin makes it even more stronger.

[blockman]

It is the one that brings in new features to the platform that are much used by the cryptocurrency users. Along with the Exchange, the BNB growth is much influenced. The price have reached $330+ as tokens were distributed through its launchpad. For this staking in terms of BUSD and BNB is accepted. The growth happening in a mutual way between the platform and the coin makes it even more stronger.

It's more than that during the bull run and the mistake that I've made is that I've bought some high than $300. But that's okay because I think that it will exceed the ATH price soon.
It may take time and it could happen by the next bull run but that's okay because I know that it's going to be worth it. The patience that it had given me will be worth it and that's what it has taught me that no matter what happens, I'll hold and will only sell when it exceeds the bought price I've made from it.

[emmarlemar]

$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.

You said this like you foresee what will happen in the future. I once read that Binance had its ICO bounty campaign on this forum. Is this true?

[Getmon]

The most popular sporting even is about to happen. Is anyone here joined the Football Fever of Binance for the World Cup? World Cup starts ten days from now. One million dollars worth of rewards and exclusive prizes are prepared by Binance. Claim your NFT passports now in order to start the challenge right on the opening day of the World Cup to be played between the host Qatar and Ecuador.

Football fan tokens are on the rise.

https://www.binance.com/en/fan-token/football-fever-2022?

[royalfestus]

Anyone who missed the CZ ama on Twitter today can listen to the recorded discussion via this link, it was very insightful. https://twitter.com/binance/status/1592175078782996482?s=20&t=-gPbxvtjxqp2zy0FwrSHEA

[Chainsmokers]

of course we all know that FTX is the best exchange after Binance, after FTX goes bankrupt then Binance will be even more popular and I'm sure many FTX users will head to binance as the next destination,
yes even though Binance we all know is very transparent but we also have to be vigilant,
because reportedly their FTX CEO SBF might be taking revenge about the FTX bankruptcy which might also be caused by the CEO of Binance "CZ",
so don't be too ambitious on Binance and keep your funds there for a very long time, because in the future no one will know if Binance is the next future exchange or the next FTX?.

[jaberwock]

of course we all know that FTX is the best exchange after Binance, after FTX goes bankrupt then Binance will be even more popular and I'm sure many FTX users will head to binance as the next destination,
yes even though Binance we all know is very transparent but we also have to be vigilant,
because reportedly their FTX CEO SBF might be taking revenge about the FTX bankruptcy which might also be caused by the CEO of Binance "CZ",
so don't be too ambitious on Binance and keep your funds there for a very long time, because in the future no one will know if Binance is the next future exchange or the next FTX?.

I think it wasn't but it must be kucoin because I noticed that many people are talking about this crypto exchange but maybe FTX can go next after it. I don't think binance will even become more popular after the collapse of FTX but many people will rather hate them because they are the root cause of this collapse and they even tease FTX for faking offer a deal of buying the exchange. I think many people are now going to consider kuckoin.

This exchange is only silent but sometimes being silent is more appealing. Still, we shouldn't erase the fact that collapse like what happened in FTX can also happen here or on any other exchanges. That is why it's better to not store most of our funds on them.

[jossiel]

of course we all know that FTX is the best exchange after Binance, after FTX goes bankrupt then Binance will be even more popular and I'm sure many FTX users will head to binance as the next destination,
yes even though Binance we all know is very transparent but we also have to be vigilant,
because reportedly their FTX CEO SBF might be taking revenge about the FTX bankruptcy which might also be caused by the CEO of Binance "CZ",
so don't be too ambitious on Binance and keep your funds there for a very long time,

It applies for every exchange.

Whether it is Binance or not, you shouldn't keep a significant amount of your money and assets to any of them. As a trader, you may keep some but make sure that you can afford that to lose if something as FTX happens to Binance or to any exchange you use.

because in the future no one will know if Binance is the next future exchange or the next FTX?.

True.

No one knows what's the future of them and all other exchanges.

[Quidat]

of course we all know that FTX is the best exchange after Binance, after FTX goes bankrupt then Binance will be even more popular and I'm sure many FTX users will head to binance as the next destination,
yes even though Binance we all know is very transparent but we also have to be vigilant,
because reportedly their FTX CEO SBF might be taking revenge about the FTX bankruptcy which might also be caused by the CEO of Binance "CZ",
so don't be too ambitious on Binance and keep your funds there for a very long time, because in the future no one will know if Binance is the next future exchange or the next FTX?.

When one of the known or popular exchange had ended up on a disaster then it would be normal for its users to flock away and would really be going into the current top or popular exchange platform
which is on binance but its true on what most people been saying on here that even though a certain exchange did really get that so much popularity but doesnt mean that it would really be remaining
forever or doesnt even assure about 100% security.This is why its never been recommended on storing up huge amounts of assets or money on any platform.
Binance current condition or popularity is on top notch but always consider or minding about the possible things that might happen in a snap.

[kawetsriyanto]

of course we all know that FTX is the best exchange after Binance, after FTX goes bankrupt then Binance will be even more popular and I'm sure many FTX users will head to binance as the next destination,
yes even though Binance we all know is very transparent but we also have to be vigilant,
because reportedly their FTX CEO SBF might be taking revenge about the FTX bankruptcy which might also be caused by the CEO of Binance "CZ",
so don't be too ambitious on Binance and keep your funds there for a very long time, because in the future no one will know if Binance is the next future exchange or the next FTX?.

Indeed. Binance seems like have no competitor, FTX gets bankrupt while Binance is getting popular among CEXs.
However, since FTX bankruptcy, people realize that CEX is no longer a safe place for their coins. I assume Binance also gets a negative impact in the future. People may consider prioritizing DEX or P2P, they will trade their coins from their private wallets. You are right, people may think Binance can be the next bankrupt exchange after FTX. Although Binance is always the number 1 CEX, it is not impossible if they are going to bankrupt if people are no longer interested to use CEX.