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Author Topic: BNB VS Eth - Invest in ETH since BNB is centralized  (Read 984 times)
Ghondronk
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November 29, 2020, 01:39:20 PM
 #81

If you keep aside the platform and focus on the coins, it is a known fact that the ETH has performed better than BSC in the past. Most importantly, ETH is proven to be more stable and seconds only to BTC, in my view. With the DeFi icing, it will surely become more attractive than BNB.

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November 29, 2020, 01:57:32 PM
 #82

It is very difficult to predict how the price of Ethereum will change after the launch of Ethereum 2.0 on December 1. It is possible that now is the best time to invest in this coin. But in any case, I will continue to keep part of my deposit in BNB, thanks to which I receive passive income on the exchange and enjoy discounts when trading.

Be careful with ETH. It is looking overpriced right now and there have been a lot of hype related to DeFi and ETH 2.0. A lot of people have invested in Ethereum, due to this hype. If things doesn't turn the way they are expected, then the exchange rates may crash big time. A lot of tall claims are being made with ETH 2.0. We don't know whether all of them can be realized.
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November 29, 2020, 01:59:55 PM
 #83

If you hate crypto simply because of its centralized nature, then there is no reason to store and trade decentralized assets on a centralized exchange. BNB belongs to Binance which is in fact the most favorite trading platform. Both the Ethereum and Binance platforms are still being developed and improved according to their functions and that is what makes them valuable.

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November 29, 2020, 05:52:34 PM
 #84

if it was me, i would choose the one that brings more profit to me, not just because decentralized or centralized to evaluate. But the hard prat is, which one looks more profitable in the short term.

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November 30, 2020, 06:13:34 PM
 #85

No. Since it is too much expensive to list BNB tokens on BNB dex. BNB has no true future while the ethereum dex are much cheaper, you can even pay as little as 2 eth to list ethereum token there. However BNB tokens can only be traded without the listing if you are not holding much BNB. Just imagine that if you want to list a bnb token on bnb dex then you must have atleast 1000 BNB to list BNB tokens on BNB dex (binance dex) while in case of eth it is much cheaper so why people will buy this token since the dex is too much expensive.


Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?

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November 30, 2020, 06:53:31 PM
 #86

it is okay to invest in both coins because it shows a good track record, even though centralized BNB is backed up by Binance which is the top crypto exchange. as well as bnb has a proper development, and their coins will always be used in binance and maybe in the future will be used for other transactions.
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November 30, 2020, 06:57:47 PM
 #87

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
Why do you think that bnb is a threat for eth when it is not as it is a completely different project that mainly revolves around its exchange ecosystem while ethereum is bring blockchain, smart contracts and automation to the world so no real match.

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December 01, 2020, 04:31:26 AM
 #88

Both are ruling the world of Altcoin. Although the first altcoin of the ETH blockchain, I would put BNB a little ahead. Because BNB has a lot of potentials.

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December 01, 2020, 04:50:46 AM
 #89

Both are ruling the world of Altcoin. Although the first altcoin of the ETH blockchain, I would put BNB a little ahead. Because BNB has a lot of potentials.

I am also willing to give BNB a bit more moral support when compared to ETH. During the last few months or even years, the Binance Chain has proven to be a stable and scalable Blockchain. Still a lot needs to be done, regarding the development. First of all, storage of BNB is not as easy as ETH. And also, the acceptability remains low. There are very few places, where you can make the payment in BNB.
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December 01, 2020, 09:01:19 PM
 #90

No doubt ETH is the best altcoin so far, invest your fund in ETH and you will surely happy you did. Eth 2.0 will definitely pump the price.

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December 01, 2020, 09:05:44 PM
 #91

if to choose now, I would prefer Ethereum over Binance, for now Ethereum is a lot of good news,
Ethereum 2.0 is ready to launch making the community believe that this is bullish!

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December 01, 2020, 09:55:17 PM
 #92

BNB and eth are both potential coins that can yield good profits, but if I'm asking to pick BTW the two, I would definitely go with eth over bnb, cause eth has alot of users and so many successful projects are running on their blockchain, while bnb  has less users and it's just a currency for the binance exchange which can be used for different purposes  like reducing transaction fees, staking etc, anyway I can't tell anyone to invest in any of them cause investments are risky and it's best for anyone to do his/her own research before buying, don't follow anyone's opinion, I did mine and I can be wrong, so do yours.

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December 01, 2020, 11:56:45 PM
 #93

I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.

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December 12, 2020, 10:55:57 PM
 #94

In my opinion both of them are very good as investment. Ethereum is the 2nd biggest coin of the market. It has the most use cases and a huge marketcap with which follower and developers base also. In the other hand bnb is now not just a exchange coin. Binance uses bnb in manu places. Now itnhas a chain a supported dex and also bnb is very important for its ieo platform too. Yeah bnb is kind of centralized or backed by binance fully. But in my opinion as investment both of them are really good.

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December 12, 2020, 11:51:21 PM
 #95

When comparing BNB and ETH, of course I prefer investing in ETH, not because BNB is bad for investing. However, ETH is indeed
much more profitable, because there are indeed many coins currently circulating using the ETH network. So ETH is indeed more
useful when compared to BNB, even though ETH transaction fees are higher than BNB. Does not make ETH demand decrease,
so what makes ETH very attractive to investors is that the price is slowly increasing, following the upward movement of the Bitcoin price.

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December 13, 2020, 03:33:48 AM
 #96

I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.
This DeFi project only affects Ethereum prices temporarily and does look like hype, after DeFi is no longer attractive and no investors are interested anymore, the price will definitely collapse and Ethereum is also affected, so I prefer not to invest in any DeFi projects.
Is not it the ethereum price was being affected by the ethereum 2.0 and bitcoin's bullish trend? defi gives nothing to the ethereum price. In this case we are talking about how centralization can affect the potential of binance. The fact even binance was centralized and it doesn't mean this coin has a bad future.
BNB has a lot of products. It was working on the same field with ethereum too.

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December 13, 2020, 04:20:42 AM
 #97

to be honest, I would probably use BNB just to trade on binance. well, taking advantage of the function would be better there. However, when it comes to holding back, in the long run, I prefer Ethereum. Besides decentralization, ethereum will also develop ethereum 2.0 which will support ethereum to be better.

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December 13, 2020, 09:04:14 AM
 #98

Both token are good to invest with but if you are looking for a much better one between ethereum or bnb coin I strongly suggest that you invest with a decentralized which is the ethereum rather than bnb coin which is still centralized. Also, I think that there are plenty of crypto enthusiasts that will be agreeing to me that you will get a much better profit and earning when investing in ethereum than bnb especially now that they have upgrading and make a very huge development within their blockchain.

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December 15, 2020, 08:29:10 PM
 #99

I've been holding ETH for my portfolio for the last few months and I don't care about the impact of Defi. Without Defi, ETH could develop in the market because Defi was just the hype that would disappear at any time.
This DeFi project only affects Ethereum prices temporarily and does look like hype, after DeFi is no longer attractive and no investors are interested anymore, the price will definitely collapse and Ethereum is also affected, so I prefer not to invest in any DeFi projects.

Binance currency is worth paying attention to, as its owners take care to attract traders and win their trust.When talking about Ethereum, it is difficult to talk only about the coin, since it is not only a successful cryptocurrency and a profitable investment tool, but also a whole virtual platform based on the blockchain, with unlimited possibilities.
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December 15, 2020, 08:33:36 PM
 #100

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
BNB has its own charm but i do agree with your point as binance is run like a private corporate company while eth is a truly decentralized blockchain ecosystem who has global developers working on it so my choice will obviously be ETH too.

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