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Author Topic: Time for Binance DEX?  (Read 334 times)
Reid
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June 15, 2019, 04:40:02 PM
 #21

Before I have been a supporter of chosen every altcoins only which I researched. But now it looks like it went through a lot of stages
No more research and they put a smaller risk while buying because of the listed token in an exchange before it could even start.

On the other hand, this could cause another hype. And we dont like it when hypes starts. Bigger problems comes afterwards.
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June 15, 2019, 04:52:16 PM
 #22

Binance DEX a young DEX exchange and we all here now if DEX exchange is always have a low volume and enthusiast from trader.
trader is always choose centralized exchange because it always have a huge profit and fast to take buy or sell.
this is not time for Binance DEX or other DEX exchange.

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June 15, 2019, 08:58:52 PM
 #23

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.
I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week. Do you think this will continue?

I am waiting for your comments for both Verasity and other coins.
there are still strong competitors from Chillliz and Raven, at least three of these coins will be included in the gradual queue list. But specifically for binance dex and Raven I think the concept will be different, more towards the initial dex offering (IDO).

I monitor the full development of binance dex, CZ is very effective in determining trading competition as often as possible there.



 

 

 

 

 

 


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June 15, 2019, 10:41:04 PM
 #24

Before I have been a supporter of chosen every altcoins only which I researched. But now it looks like it went through a lot of stages
No more research and they put a smaller risk while buying because of the listed token in an exchange before it could even start.

On the other hand, this could cause another hype. And we dont like it when hypes starts. Bigger problems comes afterwards.

Probably we need to get out before that bigger problem starts. Definitely it will cause a lot of hype, just by looking at the huge returns for Binance launchpad alone.

@oktana - I'm not familiar with Chillliz and Raven but at least Harmony is one step ahead already. Those two need to catch up, but then again, Binance is very careful with the project they've release, so I'm sure there will be gaps so that there won't be overlap.

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June 16, 2019, 06:37:18 AM
 #25

If they make good value in DEX, that should not be different in Binance centralized exchange.
What I like to happen is that Binance DEX will facilitate coins from other exchanges and make it profitable since they are the most popular right now.
This is not yet popular IMO but maybe soon we will see more coins traded in DEX exchange.

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July 08, 2019, 06:37:15 PM
 #26

If they make good value in DEX, that should not be different in Binance centralized exchange.
What I like to happen is that Binance DEX will facilitate coins from other exchanges and make it profitable since they are the most popular right now.
This is not yet popular IMO but maybe soon we will see more coins traded in DEX exchange.

Well, it seems that Binance DEX was a huge disappointment after all. Banning US customers as well as many other countries simply defeats the idea of a DEX. I'm personally rooting for switchdex because I have invested in them and it really is decentralized. Once DEX's get a bit more volume overall and a bit better technology, they will most likely surpass centralized exchanges.

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July 08, 2019, 11:02:39 PM
 #27

Binance has a huge influence on the community and the newly created DEX is just like it. DEX is not a great invention, already having Binance's name is enough.

The listed coins increase, but soon begin to fall. I do not think any increase will ever be unceasingly.
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July 08, 2019, 11:24:45 PM
 #28

Well, it seems that Binance DEX was a huge disappointment after all. Banning US customers as well as many other countries simply defeats the idea of a DEX.  
It's just their site that banned certain countries. If you want to use that exchange you can still do so, but that doesn't change the fact that it's still a centralized platform completely in control of their main Binance platform.

Once DEX's get a bit more volume overall and a bit better technology, they will most likely surpass centralized exchanges.
For that to happen decentralized exchanges need to be as fast as centralized exchanges in every way. Traders and market markets bring in liquidity, and as long as they avoid decentralized exchanges, nothing will change.

That being said, for low value buy low sell high trades, decentralized exchanges are working well more often than not. People don't use it because of their volume bias, which is a shame.

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July 09, 2019, 06:41:24 AM
 #29

We've been tracking the coins that made Binance IEO for a while. Recently, the projects listed in Binance DEX have started to gain value. When we look at one by one, all projects continue to gain value.
I think Binance DEX's next project will be Verasity. That's why the VRA started to rise every day. He even made 3X in the last week. Do you think this will continue?

I am waiting for your comments for both Verasity and other coins.
yes, it was listed on Binancec DEX but after that event, its value is gradually going down and not seeing growth.
For businesses on Binance DEX, they only have small marketcap numbers.
We should hope it is qualified to be listed on CEX. When I have that information, I'm sure its value will soon x3 or x4.

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July 09, 2019, 06:41:54 AM
 #30

Every time I see a Binance DEX, I then checked its volume, and thus far not much improvement as still less than 50 pairs are listed with a volume of less than $10 million. Over time, I believe this will turn into a $100 million market and I think it would be a major success already, but of course this will not stop from going as knowing Binance they are so active in advertising all their products.

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July 09, 2019, 03:32:10 PM
 #31

I think the difference between IEO and dex is that dex doesn't have to be IEO neither as far as I know. I mean you can have a coin that s not coming up just new but an old one and should still be able to get listed there.

I think there have been couple of projects that did some stuff all by themselves without getting funded all by just selling their coins the normal way and creating a big demand for it by showing how awesome it is actually plan on getting listed on binance dex as well and they are already published which means they will be actually getting crazy amount of money the old fashion way by selling instead of creating some IEO or ICO whatever. I am very excited about the listings of the coins but not the IEO of them honestly, old ones at the new place would mean a lot.

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July 09, 2019, 07:58:11 PM
 #32

Well, it seems that Binance DEX was a huge disappointment after all. Banning US customers as well as many other countries simply defeats the idea of a DEX.  
It's just their site that banned certain countries. If you want to use that exchange you can still do so, but that doesn't change the fact that it's still a centralized platform completely in control of their main Binance platform.

Once DEX's get a bit more volume overall and a bit better technology, they will most likely surpass centralized exchanges.
For that to happen decentralized exchanges need to be as fast as centralized exchanges in every way. Traders and market markets bring in liquidity, and as long as they avoid decentralized exchanges, nothing will change.

That being said, for low value buy low sell high trades, decentralized exchanges are working well more often than not. People don't use it because of their volume bias, which is a shame.

Well, yeah and that will happen, the technology is basically here and we will be able to trade in real time like on centralized exchanges, once that happens, I'm sure more people will switch to decentralized exchanges. I'm also quite sure that once harder regulations hit the market, a LOT more people will switch to DEX's

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........NEWS, UPDATES, & ICO'S........
...FROM ALL THE PROJECTS YOU LOVE...
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/////
Karlinz
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July 09, 2019, 08:36:03 PM
 #33

Not sure there is a particular way to predict the next coin to get listed on Binance exchange from the dex platform, but I am interested in the undervalued coins there with a good roadmap, quality project, development and supportive community that is still undervalued. I have my eyes fixated on certain coins and monitoring their movement and planning target and exit entry

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