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Author Topic: Earn BNB by holding a token.  (Read 690 times)
Ayub83 (OP)
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July 09, 2021, 12:03:30 PM
 #1

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
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July 09, 2021, 12:48:14 PM
 #2

Many have already done so, providing more stable coins as a holder incentive. But there's a lot to consider, especially the underpercentage of incentives with too long a holding period. If you are a trader, you will not be comfortable with these terms. Of course you know the general concern, holding newly registered coins carries a greater level of risk than established coins.

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July 09, 2021, 02:25:37 PM
 #3

I know one token "MOONRAT" and the system is you are earning BNB by mining but actually that just like virtual earning or something like virtual hash. And yes, they are ended by rug pull (exit scam). However, went some projects offering this kind of scheme went the earning you are making still from the unknown resource should be aware of that. No mather passive income or anything should be have some risk, went you are got some offer without risk at all then should think twice cause imposible without any risk at all.

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July 09, 2021, 02:36:18 PM
 #4

if the token in question is a new token that is popular from social media and it is not even clear that its development is better, don't.

if you really want passive income I guess every exchange now provides it.
choose a project and platform that people really trust. do not easily believe in new projects.

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July 09, 2021, 02:47:23 PM
 #5

If you want to earn BNB then HODL BNB on Binance and you will earn BNB. You can also do the same on the trust wallet, they have a far better APY than Binance but you need to HODL a minimum of 0.5 BNB. Whereas on Binance there is no such limit. Another benefit of holding BNB on Binance is that you also get free launchpad tokens. I personally do not recommend having tokens/coins on an exchange but since you asked for it I answered it.

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July 09, 2021, 03:14:31 PM
 #6

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Most of those projects are scams, they will take your BNB or any token and will hide from the market after a while so personally, I won't suggest anyone to invest on such kind of investment plans. If you want to earn passive income then you can go for staking which offers better returns or even invest them on lending platforms like blockfi.
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July 09, 2021, 03:17:14 PM
 #7

I personally do not recommend having tokens/coins on an exchange but since you asked for it I answered it.
But if the token is BNB, I don't think that rule applied. Well, if Binance go awol, then the BNB would crash asap.



I think this is similar to farming, so all the risk applied as well. So better use Binance or trust wallet as mentioned above.

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July 09, 2021, 03:20:29 PM
 #8

if you do it on a trusted platform I guess it's ok.
such as binance, ApeSwap, and several other exchanges also provide the same way for you to earn passive income from the assets you keep.
lately, I am interested in the Nominex exchange platform. several events are included to hold our assets.
try to state more clearly what you mean. platform and token you want.

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July 09, 2021, 04:10:43 PM
 #9

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Did you mean the Safe Haven project? Their slogan is, Hold HAVEN, Earn BNB.
I don't think a project like this won't last long, it would be better if the BNB allocation they would share was used to buy back their tokens and then burn them.
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July 09, 2021, 06:23:12 PM
 #10

I don't really trust platforms that offer this kind of feature. I've used PantherSwap to get BNB, but in the end their smart contract had a problem and my funds stuck.

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July 09, 2021, 07:15:58 PM
 #11

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Are you talking about staking? Because staking is an existing concept. It works basically around the tokens which work on the Proof-of-Stake(PoS)[ADA] system rather than Proof-of-Work(PoW)[ETHER & BITCOIN] System. I think what these programs would essentially do is stake your coins and therefore create a staking pool and then get involved in the process of validation of block. With the power of a group of people, they will be more likely to get a chance of validation, and therefore the rewards will be better and higher. Then these rewards would get distributed among people who staked their coins. Most of the exchanges offer this staking too. This isn't anything new.
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July 09, 2021, 08:06:39 PM
 #12

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?

am sure the bnb you will get will not worth holding untrusted tokens ( i say untrusted because lately there are many new project that have rug pull, exit scam because they always have bad intention from the beginning, in my opinion i will rather buy bnb direct especially now that the market has dip and the bnb price is cheaper that few weeks back, better to hold bnb, put on binance vault and earn some passive income from others tokens, this will depend on te amount of bnb you hold but to me it is way trusted than this suggestion.

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July 09, 2021, 08:26:02 PM
 #13

That obviously encourages people to join and invest in their project but that a big lie and scam trick. Nobody gives you that unless if you are using BNB as an incentive but the fact that you are holding a different project that seems impossible.

Anyway, that supposed to know more about the project. Scammers will find a way to fool people and we should be careful dealing with such a kind of offering and think deeply. Because if we analyze, you stake this coin and receive another coin. You definitely wonder why it goes like that, that supposedly you will receiving the same coin/token if they are legit.
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July 09, 2021, 08:31:07 PM
 #14

I don't really trust platforms that offer this kind of feature. I've used PantherSwap to get BNB, but in the end their smart contract had a problem and my funds stuck.
Did they ever fix that problem that you got on their platform?

Such a program is good if it's actually coming from a very known platform but if not, do not put yourself at that greater risk because you might not ever know that you're buying into a bad platform.

You better just go into another staking from another altcoin.

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July 09, 2021, 08:39:31 PM
 #15

This can be their trick to make scam with people. First, they will give free BNB or another coin then maybe they can ask for some fee. So be aware of this. Keep getting free coins until they give. When they start asking for some fee, then leave it.
If the project is looking good with a good team and ideas then must give it a chance it can give you good profit also.

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July 09, 2021, 09:58:35 PM
 #16

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?

I find it strange that a shitcoin pays you in BNB to be a holder, but I have read something like this in the past.
I don't think it can last or be successful in the long run.
That is ridiculous, actually.
And we might be surprised after buying their coins, we can't hear them anymore. newbies should be taking this seriously and stop being a hunter of easy money schemes. Because in the first place, such kind of offer is not possible and an obviously a scam trick. That is an old story and we have done this from the past and if we still think of trusting them again with this kind of offering, we are simply making ourselves stupid.
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July 09, 2021, 10:07:57 PM
 #17

to be honest there were a few times I researched it because I also wanted to get into it until I realized it was better to keep trading or hodl even though I'm not a big fan of hodl for a long time, but between that kind of stuff or hodl i prefer hodl because at least i would have control of my coins. one of the problems with this type of thing is the returns versus the investment period versus the risk involved I don't think it's advantageous, imagine having to stay 1 year and in the end realize that it was better to do hodl? Is it a case where I don't understand why people use it

newbies should be taking this seriously and stop being a hunter of easy money schemes. Because in the first place, such kind of offer is not possible and an obviously a scam trick.

once i saw a site offering 800% apy, well i don't quite understand how this scheme works so i didn't rush to judge and consider it scam, it was something similar to yearn.finance but it offered 800% apy. I found it suspicious

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July 09, 2021, 10:49:12 PM
 #18

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?

But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?

Isnt it reward for providing liquidity on DEX? So every transaction on dex, some of fee will be devided among the stakers. Its like how fee on CEX work, but its spreaded among the stakers.
For me its a good thing, so instead we make CEX owner richer, we maintain us as community to have healthier space.

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eaLiTy
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July 09, 2021, 11:23:38 PM
 #19

I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
What i would like to know is which project is giving away BNB tokens, is it a shell company project made by CZ and Binance and if that is the case then they can give out any number of BNB coins or tokens and then get them listed in their exchange and as always they can make the money they targeted and so on. Either the team coming out with this project is expecting people to invest heavily in the project if not how they are going to raise the capital to give BNB for holding the coins.
maxreish
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July 10, 2021, 10:48:10 AM
 #20

It's a promotional like buy one take one. Though what Ive seen before was buying their token and then acquiring another token but those tokens were not that familiar and they are just doing it to encourage investors buy such new coins that has ubsure potentials.

Though BNB is a great catch but how much will we received BNB in exchange with their buying their coins? Weigh all the values and price , if you think you will hit two birds with one stone then buying a coin with free BNB is a good catch.
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