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Valak
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May 28, 2021, 08:28:01 PM |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Yes. Because Binance has such a large community, when CZ talks about the coin, people will be competing to buy it. Apart from that, Binance has many features, including Staking, Saving and many others. This makes it easier for Binance to increase the price of the coin. If they do staking, the number of tokens in circulation will automatically get smaller, so the price will be easy to increase. |
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lalabotax
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May 28, 2021, 11:21:22 PM |
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I don't think all the coins that have entered on the Binance exchange have a good reputation, sometimes there are still coins that have not been noticed or are no longer supported by the developer so that these coins can be deleted from the list of coins on the Binance exchange.
Yes, I also don/t think so. Although at the beginning or at first, the coins that are listed on Binance commonly will have a better chance to grow up, it will also then be determined by their team or developer of the project itself whether the projects can develop and also make their community sure enough with the project. This will also be influenced by the trading volume, market cap, and also activities in the Binance. If there is no good progress, then Binance will delist it soon. |
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kenelmark
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May 29, 2021, 12:21:32 AM |
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Exchanges like Binance have worked so hard to earn a good reputation for themselves, because they don't list scam projects on their exchange. This has made a lot of people believe in them and trust any project they list. So once they list any project, the price increases almost immediately.
Yes, Binance only wants projects that are clear and valid so that they don't carelessly submit projects to their exchanges, they have implemented this since the past until now in order to maintain the reputation of the exchange and the exchange list will always be clean from unclear projects. |
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Republikcoin.com
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June 02, 2021, 02:51:20 PM |
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Exchanges like Binance have worked so hard to earn a good reputation for themselves, because they don't list scam projects on their exchange. This has made a lot of people believe in them and trust any project they list. So once they list any project, the price increases almost immediately.
Yes, Binance only wants projects that are clear and valid so that they don't carelessly submit projects to their exchanges, they have implemented this since the past until now in order to maintain the reputation of the exchange and the exchange list will always be clean from unclear projects. Not all coins listed by Binance are perfect for trading. Clear evidence that they delisted some coins as a result of the useless use of the related coins, it could be that the community that was built was still very small so that the daily trading volume was not optimal. There are several parameters that are determined by Binance to be whitelisted in the queue as a coin traded on Binance. This is of course to maintain the quality of the cryptocurrency exchange platform that has been built since 2017. |
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Mpamaegbu
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June 02, 2021, 04:28:54 PM |
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What's your take on this, am I right or wrong?
Share your opinion.
My submission is that you're not absolutely right. I don't want to categorically say you're wrong so it doesn't rub off on you the wrong way. I once had Centra on Binance a few years ago and it turned a scam coin. Remember that coin promoted by Floyd Mayweather? That's it. I also have some shitcoins I have kept there for over two years now which I bought under a cent and they haven't done past that range since I bought them. The major reason people rush to Binance isn't because there aren't shitcoins or coins which later get delisted there but for the fact that they believe Binance to be a very secured exchange they can trust with their funds. Getting a token listed on Binance isn't a guarantee that it will do well if it doesn't have utility. |
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todiefor17
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June 02, 2021, 04:55:27 PM |
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Good potential only happens at the start of uphttps://maps.google.com/trend so you can only have a modest profit from a few times the value of your initial investment. Cryptocurrencies on Binance are not guaranteed to be listed permanently so be careful. There have been cryptocurrencies like POE, TNT, BCPT, CMT, TNB, VIBE delisted from Binance so choose carefully before investing to avoid losses.
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mulia sabee
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June 03, 2021, 05:14:05 AM |
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Because of the reputation binance has create over the years it is said to be the best exchange globally and for that reason people see enlistings in binance as the best thing that can ever happen to a project. The word binance is associated with success
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huiji2011
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June 03, 2021, 05:23:25 AM |
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Because of the reputation binance has create over the years it is said to be the best exchange globally and for that reason people see enlistings in binance as the best thing that can ever happen to a project. The word binance is associated with success
I couldn't agree more. Binance has built up a good reputation in the cryptocurrency market over the years, and the coins that have been listed on Binance's exchange platform have ended up doing well, so it's fair to say that the potential of a coin to be listed on Binance is good. |
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iamsheikhadil
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June 03, 2021, 05:30:27 AM |
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Binance is the first exchange that comes into people's mind when looking for crypto exchanges, so yeah, it has successfully pretty much built a super good-will of its own, so any project that gets listed there surely won't be a scam coin in most times, and hence people trust and invest their very much valuable money in the newly listen tokens since no one wants to be missing out on profits. So the initial pump that happens is because of the good-will of the exchange in my opinion, what happens next is totally dependent on how much value the token/coin actually has in reality I guess  |
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TastyChillySauce00
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June 03, 2021, 05:48:25 AM |
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I don't think all the coins that have entered on the Binance exchange have a good reputation, sometimes there are still coins that have not been noticed or are no longer supported by the developer so that these coins can be deleted from the list of coins on the Binance exchange.
If the coin later turns out to be abandoned by the team behind it but have a good reputation at around the initial stage then I guess we could still considered as having good potential although only at initial stage but coin like that usually delisted once it doesn't meet the requirement of the volume after all, out of all the projects that could get into binance exchange, some of them definitely gonna fail, the crypto projects doesn't have 100% success rate. |
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TWW
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June 03, 2021, 06:20:32 AM |
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Because of the reputation binance has create over the years it is said to be the best exchange globally and for that reason people see enlistings in binance as the best thing that can ever happen to a project. The word binance is associated with success
I couldn't agree more. Binance has built up a good reputation in the cryptocurrency market over the years, and the coins that have been listed on Binance's exchange platform have ended up doing well, so it's fair to say that the potential of a coin to be listed on Binance is good. Binance's community of investors and traders is already very large. they really analyze the tokens or coins that will be listed on the binance exchange. they have different criteria to other exchanges. especially with the support from the development and collaboration of other projects. binance is becoming a giant in today's crypto market. any tokens, I believe they have good potential in the crypto market when listed on binance. |
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kaka manteng
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June 03, 2021, 06:57:05 AM |
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It always has been and always will be. Binance is the most popular exchange and all coins that get there immediately show the pump. Therefore, having information about the listing, you can use it for your own purposes
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southerngentuk
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June 03, 2021, 08:36:33 AM |
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I was just wondering what the remaining 10% would be? Is it a risk or something else? I have been following them for many years what I have seen is an amazing development to date and most of the projects supported by binance are doing well.
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bryant.coleman
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June 03, 2021, 09:04:16 AM |
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Im not sure that binance do so big job in projects recearch that we can trust in every binance listed project
No matter how much research you do, it is impossible to flag the scam projects with 100% accuracy. The scammers are getting more innovative nowadays. There are a few red flags, which may help you to avoid these sort of projects - such as a lengthy absence of promoters, delays in development, coin getting delisted from the exchanges.etc. But as I said, this is not a 100% guaranteed method. Coins that are having active promoters and development can turn out to be scams almost overnight. And I don't think that Binance can do anything about it. |
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capokmerah
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June 03, 2021, 09:16:21 AM |
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I was just wondering what the remaining 10% would be? Is it a risk or something else? I have been following them for many years what I have seen is an amazing development to date and most of the projects supported by binance are doing well.
Maybe not all coins listed on binance have a good reputation. whatever the exchange, there is always shitcoin. so that makes the thread only mentions 90%. I think so. |
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leea-1334
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June 03, 2021, 02:46:15 PM |
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Binance is the first exchange that comes into people's mind when looking for crypto exchanges, so yeah, it has successfully pretty much built a super good-will of its own, so any project that gets listed there surely won't be a scam coin in most times, and hence people trust and invest their very much valuable money in the newly listen tokens since no one wants to be missing out on profits. So the initial pump that happens is because of the good-will of the exchange in my opinion, what happens next is totally dependent on how much value the token/coin actually has in reality I guess Most people but not all. Some people and rightly so,,, still see Binance as the biggest monopoly in the market and should be careful of them. Remember when everyone thought Mt Gox was the biggest and the best and everyone los ttheir funds there when it "got hacked"? Just remember the same could happen one day to Binance. And about Binance listing? They have had very bad coins. I would say not 90% but maybe 20%. |
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criket
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June 03, 2021, 03:32:09 PM |
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I was just wondering what the remaining 10% would be? Is it a risk or something else? I have been following them for many years what I have seen is an amazing development to date and most of the projects supported by binance are doing well.
Maybe not all coins listed on binance have a good reputation. whatever the exchange, there is always shitcoin. so that makes the thread only mentions 90%. I think so. it's just part of the misunderstanding of the team that put the project in and then the project stops developing or the product doesn't sell well in the market. that's what makes the reputation of the project and also the exchange deteriorate. and binance has been able to overcome it by minimizing such scam projects. however, currently, binance is already a giant in the crypto market. and that makes projects that work together and are listed on binance get a response from traders and investors on binance. |
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fvb
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June 03, 2021, 03:59:52 PM |
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Yes, I completely agree. Listing is expensive on Binance. There were coins that I sold, but this is a separate story, I needed money. And now these coins cost twice as much. Withdrawal I no longer sell coins after listing on Binance.
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akirasendo17
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June 03, 2021, 04:20:28 PM |
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well yes since people who are anticipating coins that will be listed there will get more attention and lots of buyers because also of a large community of the coin, I think binance also look at the community if it's really big they will list it, also investors also have standards, because binance also check the coins, because they also want to have profit, also binance is popular so anything being listed their maybe worth millions in a few years that's what I think.
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