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Author Topic: BNB Holders - What do you do with your BNB?  (Read 989 times)
KidTalent
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October 19, 2020, 11:30:17 AM
 #1

Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?
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October 19, 2020, 11:47:54 AM
 #2

You can't stake your bnb on binance exchange for monthly gains or you can hold your bnb tokens, holding have benefits too, huge one, to qualified for any binance IEO projects you have to hold your bnb tokens on binance exchange for a particular time, 3 weeks or more most times and you will get the IEO tokens, most times IEO on binance surges over 3x and some even 5x, that's a neat way of gaining insane profits, do research on this and you won't be disappointed

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October 19, 2020, 11:53:45 AM
 #3

I'm holding my bnb tokens, 100$ is possible for bnb token, days ago the exchange burn another portion of the max supply that worths millions of dollars, bnb token will definitely grow higher in near future and the exchange haven't lose its magic wand yet, binance exchange rocks
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October 19, 2020, 12:07:37 PM
 #4

personally i am prefer to trade my binance coin in BSC and stake coin in there. i see binance smart chain now starting get hype in traders community, stake in BSC will give us alot advantages, there alot airdrop for each coin holder in BSC. this is good way to make our BNB amount growth smoothly. but if we hold binance for long term its good too, their developers team very active deliver new feature and its be main strenght for binance.

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October 19, 2020, 12:13:19 PM
 #5

personally i am prefer to trade my binance coin in BSC and stake coin in there. i see binance smart chain now starting get hype in traders community, stake in BSC will give us alot advantages, there alot airdrop for each coin holder in BSC. this is good way to make our BNB amount growth smoothly. but if we hold binance for long term its good too, their developers team very active deliver new feature and its be main strenght for binance.

Is BNB and BSC has the same value?

Will you able to get the same benefits of having BNB and BSC or is way different that you will only get free tokens in having BSC while in BNB you can stake it and earn monthly .
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October 19, 2020, 12:18:48 PM
 #6

personally i am prefer to trade my binance coin in BSC and stake coin in there. i see binance smart chain now starting get hype in traders community, stake in BSC will give us alot advantages, there alot airdrop for each coin holder in BSC. this is good way to make our BNB amount growth smoothly. but if we hold binance for long term its good too, their developers team very active deliver new feature and its be main strenght for binance.

How do you do this?

I take it you can't do it on the exchange?
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October 19, 2020, 12:29:44 PM
 #7

personally i am prefer to trade my binance coin in BSC and stake coin in there. i see binance smart chain now starting get hype in traders community, stake in BSC will give us alot advantages, there alot airdrop for each coin holder in BSC. this is good way to make our BNB amount growth smoothly. but if we hold binance for long term its good too, their developers team very active deliver new feature and its be main strenght for binance.

Is BNB and BSC has the same value?

Will you able to get the same benefits of having BNB and BSC or is way different that you will only get free tokens in having BSC while in BNB you can stake it and earn monthly .
BSC is a feature that has already created by binance to give more benefits to the BNB holders. BSC is a smartchain and it's not a token. BNB is the only token that owned by binance and binance never created a new token other than BNB.

You can use your BNB on BSC to get the more benefits from your coins. You should read the whitepaper of BSC.

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October 19, 2020, 01:00:45 PM
 #8

Those who have a sufficiently large number of BNB tokens from time to time are given the opportunity to participate in competitions during which you can get the opportunity to buy tokens of new projects that are listed on the exchange for the first time at a fairly low price. This is beneficial because the price for them usually rises within a short time. This is a huge advantage for those who have BNB tokens over those who do not.
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October 19, 2020, 01:03:11 PM
 #9

I hold the BNB for a long time, maybe next year I will have high expectations when the price of bitcoin really touched of $100k, so the BNB price equivalent to $100 - $300. But that's just my prediction.
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October 19, 2020, 02:19:34 PM
 #10

The BNB coin is not only useful for traders, but also allows you to receive passive income from placement in various programs of the Binance exchange. This coin allows you to participate in IEO, as well as various launchpools that allow you to farm new DeFi tokens.





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October 19, 2020, 02:27:14 PM
 #11

Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?

My advice is that you better hold BNB you have and you can using the saving system on Binance exchange to get passive income, because I think BNB is a good coin to hold in the long term and I'm sure you will definitely make a big profit if you invest in BNB right now and hold it.

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October 19, 2020, 02:28:04 PM
 #12

I own BNB to serve IEO projects. Then I will sell them to ensure my profit. I trade BNB on derivatives like futures and margins more often than owning them in the long term.
Although Binance has many good policies to add value to BNB, honestly I only love Bitcoin.





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October 19, 2020, 02:34:01 PM
 #13

If you are a kind of long-term holder, this is one of the best altcoins to hold. BNB has strong support from Binance, what we are expecting for this is BNB could have a better future. But of course, we shouldn't just have to rely upon because there is Binance behind. We should also be watchful on the market trend and its changes, we don't have the assurance, and we shouldn't be confident enough even though we trusted this coin.

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October 19, 2020, 04:43:01 PM
 #14

Just know that, all the binance teams are trying to do and so far have successfully accomplished is keeping your coins on their exchange so they can be in charge. They introduced new utility to the token occasionally but it can't enjoy (speaking about those features) outside the exchange.  Your staking, farming and profit earnings has to be done by you giving them control over the tokens by moving them to their exchange.

It's a wrong move as storing your coin on an exchange is against the ethic of investing in the cryptocurrencies industry. Exchange are liable to hacks and can disappear at any movement with all the funds under their custody. Be warned.

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October 19, 2020, 08:01:40 PM
 #15

Bnb yields a lot of profit and I earn my living with the help of these. I will keep it until the Bnb is $ 100. Thanks to Ieos, I made a lot of money from bnb. Finally, I feel Bnb is just around the corner to reach $ 100.

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October 19, 2020, 08:04:14 PM
 #16

I will keep holding for sure. not for staking or farming but when i have winning ticket, it always gives me really very nice profits. And i believe that whenever alt season comes, bnb and ethereum prices will start to raise first.
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October 21, 2020, 04:36:11 PM
 #17

I still let it be and not do anything with it, but I had a ton of friends who bought stuff like Cake for example, they knew it probably won't be doing awesome in the long future, but right now it is great because it both gains value but at the same time it is giving you stake so they were making money on top of money hence why they got in, plus they have a very quick stop loss so if it ever looks like it is going down they would be one of the first to get out as well.

You could look at those things, they are not great for long term but it is not bad for get in and get out in few days type of situations. I personally think that it is quite important that people would be willing to actually spend their BNB because if they do not spend it, the value of it can't go up neither.

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October 21, 2020, 04:43:53 PM
 #18

I swap it to BSC (Binance Smart Chain).
I see some people do that to farm token in Pancakeswap, BSCSwap and other.
And i use few of them ti claim airdrop FSFS in Telegram.

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Geleve
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October 21, 2020, 04:46:16 PM
 #19

Binance give you so many options for your BNB and I really don't know which is the best one to use right now so thought it would be best to ask you all.

I currently have mine in a savings account and it was nice to earn some passive income through WING, BEL and SXP but is there a better option out there?

i am staking on alpha at the moment. but to be honest, i was holding them to join ieos. But last ieo, injective protocol was a disappointment for me. No enough gain. i would expect at least x5 in first day.
Nalbo
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October 21, 2020, 04:53:27 PM
 #20

I just put them on flexible savings. The minimum to put there is just 0.1 BNB and you can auto transfer your interest to compound it. Though the interest is low, you are still eligible for any drops for BNB holders and I always get a number of coins dropped on my wallet for just holding BNB there.
Holding BNB itself is a good strategy as the fields for it's use are increasing while there seems no decrease in popularity of binance.

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