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Author Topic: BNB vs WRX  (Read 1288 times)
giammangiato
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May 26, 2020, 06:18:57 PM
 #61

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?

Yes, you right but give a look also to KCS the KuCoin's COIN that has the same function of BNB on Binance. It s increasing a lot his value because they are improving many news, first of all the stacking on pool-x. The actual price is 0.00011150 BTC but in my opinion it s an easy x2

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ScamViruS
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May 26, 2020, 06:40:31 PM
 #62

Binance is already well known in the crypto world. Not everyone could catch bnb at the right time, maybe no one thought bnb would be so successful. But I don't know how reasonable it would be to compare wrx with bnb. If you think the future of this coin is good, then you can start researching. The plus point of WRX is that it is an Indian exchange token, and there is a huge potential for crypto in India. Who knows, maybe this token will do something big in the future!

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bucciarati
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May 26, 2020, 10:00:44 PM
 #63

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?

Yes, you right but give a look also to KCS the KuCoin's COIN that has the same function of BNB on Binance. It s increasing a lot his value because they are improving many news, first of all the stacking on pool-x. The actual price is 0.00011150 BTC but in my opinion it s an easy x2

consider ath was over 20$ but that was 2017-2018, quite an era ago

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May 26, 2020, 10:02:58 PM
 #64

The points shown in OP are highly valid and I agree that BNB is already at a very high price and it's all because Binance gained a lot of popularity and fame in a very short span of time and we can't deny the fact that Wazirx is one same kind of an exchange that has got the exposure it didn't had since it was just limited to India but as it's now operating with Binance, I do believe that we can see X times growth in its coin over time.

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May 26, 2020, 11:51:52 PM
 #65

Well, based on the population in India, this opinion might sound, except that I cannot see it standing in the place of BNB at any time based on use cases and the community.

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May 28, 2020, 02:44:51 AM
 #66

Binance is already well known in the crypto world. Not everyone could catch bnb at the right time, maybe no one thought bnb would be so successful. But I don't know how reasonable it would be to compare wrx with bnb. If you think the future of this coin is good, then you can start researching. The plus point of WRX is that it is an Indian exchange token, and there is a huge potential for crypto in India. Who knows, maybe this token will do something big in the future!
In comparison, BNB will certainly be better than WRX because Binance has better finance than other exchanges. However, any coin needs time to grow, and I believe that with what is happening, Wazirx will be a lot of people interested in exchange, and the value of WRX can be very high. I would choose to invest both of these coins because these are all good options for me.
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May 28, 2020, 11:56:57 AM
 #67

The points shown in OP are highly valid and I agree that BNB is already at a very high price and it's all because Binance gained a lot of popularity and fame in a very short span of time and we can't deny the fact that Wazirx is one same kind of an exchange that has got the exposure it didn't had since it was just limited to India but as it's now operating with Binance, I do believe that we can see X times growth in its coin over time.

Considering both of the coins, BNB will continue to hold the strong position int he market and now partnering with this exchange BNB has made it presence more firm and more global. This will mean it will reach more masses in coming time and thus BNB will continue to do well. WRX on other hand will also rise as time passes and currently at 0.4$ as against BNB at 16.5$.

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May 28, 2020, 12:00:59 PM
 #68

WRX by itself will not overtake BNB, but WRX 100% will cost more in the near future than now.  Cool

The best scenario that would happen to this exchange, Binance acquired this exchange so it's not likely to surpass the exchange that acquires it.

I hope people will realize that.

https://www.binance.com/en/blog/404105749895733248/Binance-Acquires-Indias-Leading-Digital-Asset-Platform-WazirX-to-Launch-Multiple-FiattoCrypto-Gateways
Quote
Global cryptocurrency exchange and blockchain ecosystem, Binance, today announced its acquisition of WazirX, India's most trusted bitcoin exchange

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May 29, 2020, 01:53:54 PM
 #69

The points shown in OP are highly valid and I agree that BNB is already at a very high price and it's all because Binance gained a lot of popularity and fame in a very short span of time and we can't deny the fact that Wazirx is one same kind of an exchange that has got the exposure it didn't had since it was just limited to India but as it's now operating with Binance, I do believe that we can see X times growth in its coin over time.

Considering both of the coins, BNB will continue to hold the strong position int he market and now partnering with this exchange BNB has made it presence more firm and more global. This will mean it will reach more masses in coming time and thus BNB will continue to do well. WRX on other hand will also rise as time passes and currently at 0.4$ as against BNB at 16.5$.

Both of these coins have a very good start, but overall, I would still choose BNB because this coin is safer and has great support from CZ, so I don't have to worry much. However, WRX is also a promising coin in the future and will certainly increase very high if there is good news. Besides, the Indian community loves to hold this coin, so you will surely earn a good profit.






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May 29, 2020, 04:26:41 PM
 #70

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?

as i knew a lot of exchange token/coin already created such as KCS, BIX and many more
but all of the exchange token/coin can't beat bnb as the best exchange coin my friend
maybe WRX still have a chance to grow, but i believe this token will never beat BNB

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May 29, 2020, 04:58:19 PM
 #71

I think there are a lot of changes between wrx or bnb.If we look at the price, there is a lot of change between the two and we are know bnb There is a lot of popularity around the world.WRX on the other hand is a new project and wrx india project.We know this and the future will be much better But now with BNB we have noticed a lot of changes.
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May 31, 2020, 09:08:11 AM
 #72

we don't know how WRX is moving forward, because it all depends on the demand for the cryptocurrency market, now BNB is focused on becoming a global coin while WRX can only be used on exchange sites, so BNB is potentially superior to WRX.

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June 01, 2020, 11:25:32 AM
 #73

we don't know how WRX is moving forward, because it all depends on the demand for the cryptocurrency market, now BNB is focused on becoming a global coin while WRX can only be used on exchange sites, so BNB is potentially superior to WRX.
Of course, in comparison, BNB is still better than WRX, but WRX has only started to develop in a few months so it cannot say anything. I think any coin will take some time to develop, and it is certain that the WRX will be mentioned a lot in the near future.

Personally, I like both of these coins and will consider long-term investment when the market has a new correction as the exchanging coins have never let me down.

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June 01, 2020, 12:06:59 PM
 #74

.........
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?

although am not familiar with this particular exchange and its coin but i always like to see new upcoming project with potentials striving hard to gain value amidst competition, it is possible this wrx can be another good opportunity for those who believe and trust it, who knows if the dev give more utility to the token instead of just being use to pay fee only just like what was done to bnb then the value will keep increasing gradually, and don't forget that there is also periodic burn of bnb to reduce supply, all this result in bnb price increase.

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June 05, 2020, 06:41:11 AM
 #75

WRX is a good project and In their whitepaper, They have a strong future plan. The price of WRX is also quite stable and Trading volume also good.  Gradually it makes its position stronger in coinmarketcap and people are thinking about WRX. But BNB is a more popular cryptocurrency than WRX. People gain more by trading and holding BNB. BNB is a very potential and exchanger based cryptocurrency. In the current situation, it is really unfair to say that WRX is next BNB. So we can watch both of the altcoins to make our trading profit.

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June 05, 2020, 02:35:39 PM
 #76

Well, based on the population in India, this opinion might sound, except that I cannot see it standing in the place of BNB at any time based on use cases and the community.
The fact that if only a few percents from the total population in India aware of the existence of crypto. The people without the hardware to access the internet can't do that. BNB was being adopted by so many people around the world and we know the difference from the comparison of potential adopters.

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June 05, 2020, 03:22:28 PM
 #77

I don't see any reason why we have to compare the two cryptos ever since Binance has acquired the Wazir exchange site and it clearly shows that Binance has more use cases than Wazir.

WRX is a good project and In their whitepaper, They have a strong future plan. The price of WRX is also quite stable and Trading volume also good. 
Honestly, there's nothing good that much in every exchange site own crypto than it to be used to fuel the activities done on the exchange that created it and BNB and WRX are just the same thing but have more  community support than each other.


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June 05, 2020, 05:38:15 PM
 #78

it can happen because we don't know how WRX will move in the future, but for now, the BNB movement is far superior to WRX, because BNB's target will rival the current ETH.

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June 06, 2020, 04:32:00 AM
 #79

it can happen because we don't know how WRX will move in the future, but for now, the BNB movement is far superior to WRX, because BNB's target will rival the current ETH.

Reality is that we don't know anything about the future and what can happen! It's why you do research, you decide do you have reasons to believe something with your money or not. I have some BNB, but about WRX I didn't hear much tbh! We all know what is Binance and their potential, but for WRX I need to do some basic research before I create my opinion, maybe this can be a good investment for the future.



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June 06, 2020, 06:28:30 AM
 #80

I think you can invest in both project, bnb and wrx at the same time, so you can have both coins that can be the next potential coins which can increase later. You don't have to buy so many amounts of each coin, but you can adjust with your balance, and don't forget you need to leave your balance with some money, just in case if the price for both coins is down so that you can buy more amount at a low price.

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