BNB vs WRX

[bearexin]

There are lots of similarities between binancecoin and wazirxcoin.

For the people who are not aware of acquisition of waxirx by binance, please read it here: https://www.binance.com/en/blog/404105749895733248

Binancecoin gained significant value even before it was turned to be a dapps platform. It means BNB was successful when it was being used ONLY to pay fees on binance exchanges for availing 50% discounts. (Now BNB is being used for at least for 2 applications).

Similarly WRX is just another token on BNB platform but traders can enjoy 50% discount on wazirx exchange if they pay their trading fees in WRX. It makes me think about WRX to be successful in terms of gaining significant value as traders might keep buying it to avail 50% discount.

Binance is an international exchange whereas wazirx is an India exchange but it is being known for its popular P2P operations when India's federal bank banned exchanges for crypto operations. Some studies shows Wazirx is most preferred platform in India for P2P trading compared to localbitcoins which must be the pioneer and leader in P2P trading world wide. It makes me to think about WRX may copy the success of what BNB did as being a preferred payment method in Binance exchange.

Right now,
BNB is trading around $17.05 (0.0017 BTC)
WRX is trading around $0.14  (0.000014 BTC)

I believe WRX could be the next boat for the people who had missed out the BNB on its early days, what are your thoughts?

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[bgaf]

Right now,
BNB is trading around $17.05 (0.0017 BTC)
WRX is trading around $0.14  (0.000014 BTC)

I believe WRX could be the next boat for the people who had missed out the BNB on its early days, what are your thoughts?

If you compared the price, you can see a huge difference but that is expected as binance bnb coin already gained their position and reputation on the international sector. Every traders out there loves Binance and thats a fact and we all agree that they are the top exchange for everyone. If someone says a project might list to binance, see the excitement of people who owns that project.

While wazirx is a new project and focuses on expanding their market to India, this will served also as stepping stone for them to reach even Binance accomolishment. Also being backed up by one of the best exchange is a privilege to them. So I can see a birght future for wazirX project.

[lobo13hf]

I believe WRX could be the next boat for the people who had missed out the BNB on its early days, what are your thoughts?

Maybe yes or may be no. I just try to take the fundamental of binance is much better than WRX consider about BNB was focusing to be a global coin that used in binance ecosystem while WRX can be used only on its exchange site. That means binance has more features than WRX.

WRX could be a potential coin but it will not so potential as BNB

[Stanlo]

WRX is a very tempting project for sure, I belief it can live up to BNB standard but my advice is to only invest what you can afford to lose just in case if things don't go and planned, this is crypto space where nothing is certain

[Bezobraznike]

   Thanks for heads up! Nice post, and I will do a research about WRX! Binance is making good moves, and most
of them are very profitable. As OP said, this can be a good moment for buying some WRX while price is cheap and
it's almost their beginning. I like when I have opportunity to be with my investment from the start of the project!
   I am not with BNB from the start, first time I bought when it was around 5$. I think BNB will have higher price
one day! WRX under Binance management can do a lot too, so I will do some research on my own and if I like it
I will invest some money!

[bayudndy]

WRX is also like BNB, they are good exchanges in this market. And as I know WRX is growing in India market, so it will have huge development potential. Should bet a little money on WRX and wait for future profits

[Japinat]

I believe WRX could be the next boat for the people who had missed out the BNB on its early days, what are your thoughts?

I don't think it is, BNB already gained the trust of the people and the time BNB was just starting its journey, there are other exchanges which are very popular but BNB is slowly taking over, so you are saying that WRX will take over BNB? that seems unlikely to happen for me.

[ethereumhunter]

So far, I have some BNB that I buy at a low price, and I still hold some for another bull run. I am trying to learn about WRX for a while because I think the coin can have another chance to increase in the future. But it still hard to say that WRX can compete with BNB because BNB already has big support from traders and investors. Besides that, BNB has a big potential to increase in the next bull run so maybe BNB will improve first, and WRX still need more time to grow.

[miningguru]

WRX is a very tempting project for sure, I belief it can live up to BNB standard but my advice is to only invest what you can afford to lose just in case if things don't go and planned, this is crypto space where nothing is certain

You are right, BInance exchange is being used by the entire world, but whereas WRX is from India only, but the coin is trading in Binance exchange too. There is a lot of difference from both these coins and it doesn't mean WRX will not increase. Yes, we can invest the amount what you can afford to lose.

[bitcoin31]

Im still go to the binance because I really like the projects of this coin and that is popular because of the binance crypto exchange.
Binance will not only will go hundreds value it is thousands value for me so compared to the WRX the bnb is more potential and good to buy Im not saying you buy it because Im suggesting my own thinking that base on my research.

[ningrum]

Wazirx is a new project, and Binance is an old project, and Binance is on an outstanding performance, we know Binance is a big project, and WazirX is still building. of course I would choose Binance 

[BuHoBeH]

<monero https://youtu.be/3VUzdQhRRRs

[terrific]

WRX is a very tempting project for sure, I belief it can live up to BNB standard but my advice is to only invest what you can afford to lose just in case if things don't go and planned, this is crypto space where nothing is certain

It's tempting for real despite its newly launched, there's already a lot of volume that attracts investors and traders.
But, my strategy today is not go with this kind of projects. I'd rather stick to Binance and other common altcoins.

[Rodeo02]

WRX is a very tempting project for sure, I belief it can live up to BNB standard but my advice is to only invest what you can afford to lose just in case if things don't go and planned, this is crypto space where nothing is certain

It's tempting for real despite its newly launched, there's already a lot of volume that attracts investors and traders.
But, my strategy today is not go with this kind of projects. I'd rather stick to Binance and other common altcoins.

maybe they are working for advertisement and other kind of promotion  that's why they increase the daily volume.

Even the project has the same method way of other project  like thmhe success of binance doesn't  mean they will also be successful.

[Raflesia]

Im still go to the binance because I really like the projects of this coin and that is popular because of the binance crypto exchange.
Binance will not only will go hundreds value it is thousands value for me so compared to the WRX the bnb is more potential and good to buy Im not saying you buy it because Im suggesting my own thinking that base on my research.

When compared in terms of price it is certainly very different because BNB has increased sharply every year meaning that Binance is able to provide updates even on other projects as well.
But for Wazirx they are famous after collaborating with binance so that many investors believe in this project and now Wazirx is still expanding for more development like BNB but I am sure Wazirx is able to make changes in the future because their procession is good enough now but not for the compare with Binance it will feel very far.

[dunfida]

Right now,
BNB is trading around $17.05 (0.0017 BTC)
WRX is trading around $0.14  (0.000014 BTC)

I believe WRX could be the next boat for the people who had missed out the BNB on its early days, what are your thoughts?

If you compared the price, you can see a huge difference but that is expected as binance bnb coin already gained their position and reputation on the international sector. Every traders out there loves Binance and thats a fact and we all agree that they are the top exchange for everyone. If someone says a project might list to binance, see the excitement of people who owns that project.

While wazirx is a new project and focuses on expanding their market to India, this will served also as stepping stone for them to reach even Binance accomolishment. Also being backed up by one of the best exchange is a privilege to them. So I can see a birght future for wazirX project.

Time would tell if they would able to reach out that point and all would vary if they would do sort some of things like on what Binance did when they are just starting.
I havent checked out Wazirx somehow but this one made up some noise recently.I cant tell in talks of potential but lets see on how they would perform.
For those investors out there then it isnt bad to consider to add up this project into their port.Just like on what i have did back in the past
when binance was just starting up or a small one until one day they become bigger.

[culuuton]

Wazirx is a new project, and Binance is an old project, and Binance is on an outstanding performance, we know Binance is a big project, and WazirX is still building. of course I would choose Binance 

Binance is undisputed, it is the leading exchange and a very good investment project. We are looking at the potential of the Wazirx project, is it the second Binance?

[Teraboy]

Wazirx is a new project, and Binance is an old project, and Binance is on an outstanding performance, we know Binance is a big project, and WazirX is still building. of course I would choose Binance 

No more competition by wazirx consider about this news https://support.wazirx.com/hc/en-us/articles/360039273693-WazirX-Gets-Successfully-Acquired-By-Binance

That means both binance and wazir in the same ecosystem. it's very strange to make a comparison between two tokens that running on the same companies.

[bgaf]

For those investors out there then it isnt bad to consider to add up this project into their port.Just like on what i have did back in the past
when binance was just starting up or a small one until one day they become bigger.

Have you invested on Binance at the time they were just starting? What price did you happened to buy bnb tokens? Im afraid something like this would also happened to wazirX but the only problem is the exchange is suited for indians unlike Binance that launched globally. Im also thinking to get some cause we will never know right? No one foreseen how Binance end up like a giant now, so probably many people also regret not buying it while its very cheap before.

But there's always a chance once dip comes again.

[havoc928]

WRX is a very tempting project for sure, I belief it can live up to BNB standard but my advice is to only invest what you can afford to lose just in case if things don't go and planned, this is crypto space where nothing is certain

I don't really find Warizx attractive. Although people in India are very crowded, the majority of people participating in the crypto market are always trading through Binance or other big exchanges, it is not prohibited at many exchanges.
so exchange in India has no effect on our markets much. I think CZ will take advantage of the law in India to create a cash and crypto exchange. The volume there will definitely be huge and they'll make a lot of money too. In addition, to develop larger projects, they had Binance exchange.