BNB vs WRX

[_IRMAN]

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?

WazirX is not the second Binance, he is just an ordinary local exchange just like any other exchange, which is special from him only because it was acquired by binance

[Krabby]

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?

WazirX is not the second Binance, he is just an ordinary local exchange just like any other exchange, which is special from him only because it was acquired by binance

That's what we should be concerned about. This exchange was acquired by Binance and runs it. Certainly Binance will do everything for this exchange to grow in India, and I believe it will quickly become the second Binance.

[matchi2011]

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?

WazirX is not the second Binance, he is just an ordinary local exchange just like any other exchange, which is special from him only because it was acquired by binance

That's what we should be concerned about. This exchange was acquired by Binance and runs it. Certainly Binance will do everything for this exchange to grow in India, and I believe it will quickly become the second Binance.

With the marketing experienced by binance group this project will perform well from the place they've targeted to excel, knowing how binance understand the business and how they will do the very best to offer interesting features in attracting more people to use this platform. Expect that this project will be known since binance is behind it.

[cepot9]

Complaining BNB with WRX for me is too far, in terms of price and reputation BNB has won a landslide victory. It took time for WRX to reach that point.

[mdzahed134]

Wazrix is hosted through Binance ecosystem, also they try to implement likes binance, in wazrix exchange 50% less trading fees which was Binance marketing strategy. Binance hits in the world, but wazrix is very new platform so it’s hard to find comparison. Wazrix is still represented as a local exchange.             

[meldrio1]

Well wrx is a new coin, I think this coin has potential in the long run, it could be like binance coin. Maybe wrx will reach $1 this year this is good investment for me.

[stadus]

Wazrix is hosted through Binance ecosystem, also they try to implement likes binance, in wazrix exchange 50% less trading fees which was Binance marketing strategy. Binance hits in the world, but wazrix is very new platform so it’s hard to find comparison. Wazrix is still represented as a local exchange.             

It will take time for this project to surpass Binance but to be safe, I don't want to think that it will happen.
In terms of investment, both are good investment but I'll always be more aggressive with holding BNB coin than WRX.

At the current price of BNB, I can still see that there's still plenty of room to grow, BNB going to $100 is not even impossible or unlikely to happen.

[suvo05]

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.

Actually wazirx is not a new project compared to finance. Both the company established on 2017. During 2018-2019 RBI banned Indian citizens to transact directly to crypto coin from the bank their bank account. At that time Zebpay was the most popular platform for the Indians but after the RBI ban it almost stopped it services.  But at that time wazirx came up with a solution of P2p transaction which was legal at that time.So it continues to became populer in India.  On Nov 2019 they accounted that Wazirx has been acquired by binance https://medium.com/wazirx/the-next-phase-of-wazirx-begins-part-1-aae88578779d .

[EdenDice]

I heard Binance already acquired the WazirX, so, WazirX is another product from Binance like the CMC!  WazirX has good potential to be a top 50 altcoin, India has a huge population and a large number of people involve in crypto! Though my expectation is not high like you but Wazirx price can hit 1-3$ easily in the next bull run!

[Japinat]

I heard Binance already acquired the WazirX, so, WazirX is another product from Binance like the CMC!  WazirX has good potential to be a top 50 altcoin, India has a huge population and a large number of people involve in crypto! Though my expectation is not high like you but Wazirx price can hit 1-3$ easily in the next bull run!

That's correct, they have announce that in their official website.

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways

So this exchange could be successful like Binance but not as successful as Binance as it has been Binance that is their trade name.
We might see it grow in the future, so at this point, maybe those who believe on its future might start accumulating now.

[MCobian]

BNB is a remarkable token of its development, this cannot be separated from the hard work of the developer team so that BNB is in high demand
in the market. It is proven now that the price of BNB is already high compared to when it first appeared. And I'm sure WRX tokens will follow
traces of BNB tokens. Moreover, the crypto community in India is so large, this will make WRX tokens have high demand. Right now the price of
WRX tokens has decreased by 9%, hence the chance we can buy WRX tokens at cheap prices. Don't miss this opportunity, or you will regret it.
Because I'm sure the WRX token will rise again after bitcoin halving occurs.

[CaVO32]

I heard Binance already acquired the WazirX, so, WazirX is another product from Binance like the CMC!  WazirX has good potential to be a top 50 altcoin, India has a huge population and a large number of people involve in crypto! Though my expectation is not high like you but Wazirx price can hit 1-3$ easily in the next bull run!

That's correct, they have announce that in their official website.

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways

So this exchange could be successful like Binance but not as successful as Binance as it has been Binance that is their trade name.
We might see it grow in the future, so at this point, maybe those who believe on its future might start accumulating now.

So there's no competition here as it is under in one wing. And I only heard WazirX because of this thread, so I don't think they can compete the BNB's popularity anytime soon. Most crypto users are familiar with BNB but not WRX, even though the population in India is big, yet, we are talking the global crypto community here. So right now, there's no reason to make a comparison between the two.

[Japinat]

I heard Binance already acquired the WazirX, so, WazirX is another product from Binance like the CMC!  WazirX has good potential to be a top 50 altcoin, India has a huge population and a large number of people involve in crypto! Though my expectation is not high like you but Wazirx price can hit 1-3$ easily in the next bull run!

That's correct, they have announce that in their official website.

Binance Acquires India’s Leading Digital Asset Platform WazirX to Launch Multiple Fiat-to-Crypto Gateways

So this exchange could be successful like Binance but not as successful as Binance as it has been Binance that is their trade name.
We might see it grow in the future, so at this point, maybe those who believe on its future might start accumulating now.

So there's no competition here as it is under in one wing. And I only heard WazirX because of this thread, so I don't think they can compete the BNB's popularity anytime soon. Most crypto users are familiar with BNB but not WRX, even though the population in India is big, yet, we are talking the global crypto community here. So right now, there's no reason to make a comparison between the two.

Indeed, both can grow together, therefore if we trust them, we should consider investing with them.
Always put in mind that we are in the early stage now, Binance may already have a big trading volume but the total marketcap of the crypto market will just increase overtime, and that will make exchanges to be more profitable and of course a chance for a small exchanges to grow on its time.

[2february]

BNB and WRX? I will personally choose BNB. Because I believe that altcoin BNB has great potential for future investment. BNB coins and platforms have many users as well as a positive reputation.

[BuHoBeH]

WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.

[el kaka22]

WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.

After this discussion, I went for studying wrx but not getting fully impressed on wrx's future. There were huge amount of wrx air-dropped even though they have announced burning some percentage of supply if not claimed to unlock. I guess all air dropped coins/tokens may not shine due to dump when unlocked or set to move. Otherwise, it may take more time for wrx to shine like bnb; I mean we cannot compare wrx with bnb at least in time-frame criteria.

Another worrying fact on wrx is, they plan to reduce the discount for traders if they opt to pay the fee in wrx. I guess there is no such plan with bnb (please correct me if I am wrong). I believe there should be continuous support for big discounts to traders to ensure continuous demand for wrx. Otherwise, people may start forgetting using wrx. Here are their plan:

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.

I read wazirx requires full KYC to get start with them. But not sure about crypto-crypto trading. But, for an international crypto player, there cannot be any reason to choose wzrix among other famous exchanges because waxirx is not actively listing new coins nor engaging in any IEO things so far. This may reduces the chances for wrx tokens to growth like bnb as per your speculation.

[drlukacs]

I don't see many similarities here. The most important thing is that Wazirx is both known as Binance's subsidiary and there are still few traders there. I think CZ will not develop another exchange similar to Binance, which is too absurd. I think they need Wazirx because the laws in India are quite crypto-friendly and there are a lot of people there. they will develop OTC exchange soon in India and bring high profits, besides it cannot be a large exchange like Binance.

[shoreno]

I don't see many similarities here.

same here . not many but after reading the post i only notice two similiarities and that is the coin have also its own exchange and they also offer discounts for hodlers of this coin same as with bnb on binance  . still that would be enough to compare them because both coins have similarities and i agree on op  . thanks for the op for bringing it up on here   . this can be a good oppurtunity to buy now because wrx is still cheap and who knows maybe its price will grow too just like what hppen on bnb  by the time exchange of wrx  gets really popular   .

[BuHoBeH]

WRX will grow fastest in the future, Binance is not in vain bought, what Binance buys will grow in the future, so that WRX will grow 100%, and now is the time to buy for the future. WRX has the ability to grow.

After this discussion, I went for studying wrx but not getting fully impressed on wrx's future. There were huge amount of wrx air-dropped even though they have announced burning some percentage of supply if not claimed to unlock. I guess all air dropped coins/tokens may not shine due to dump when unlocked or set to move. Otherwise, it may take more time for wrx to shine like bnb; I mean we cannot compare wrx with bnb at least in time-frame criteria.

Another worrying fact on wrx is, they plan to reduce the discount for traders if they opt to pay the fee in wrx. I guess there is no such plan with bnb (please correct me if I am wrong). I believe there should be continuous support for big discounts to traders to ensure continuous demand for wrx. Otherwise, people may start forgetting using wrx. Here are their plan:

and how much can they burn tokens all the time?

[Retainly_Collie]

BNB and WRX? I will personally choose BNB. Because I believe that altcoin BNB has great potential for future investment. BNB coins and platforms have many users as well as a positive reputation.

But WRX has been acquired by Binance, so that will be a great speculation in the future. Spend a little budget to buy WRX and hold, I believe that in the next 1-2 years the price of WRX can increase to 300-500% compared to the present.