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Author Topic: Why use Binance Coin??  (Read 2551 times)

Offline LogitechMouse

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Re: Why use Binance Coin??
« Reply #45 on: February 01, 2025, 03:51:21 PM »
As the native token of the Binance exchange, there is no doubt that it will constantly be used for various activities on the exchange like IEOs subscription, staking, trading pairing with other coin/token listed on the exchange.
I think BNB is currently competing with Etheruem, Solana, Ada, Tron etc on the market.

I am mentioning that again BNB is not just a native token of Binance anymore, it's been a while it got own blockchain and moved to a level that it act as a competitor of ETH, SOL and every Dapp based blockchain and it has been very successful as well since it happened.
Well, it can be both. :) A native token of Binance, and a coin that has its own blockchain where project developers can create their own project.

Speaking of blockchain, I haven't heard any big project that has been created on BSC for a while now. I mean it's all SOL that I'm hearing. Correct me though, but that's based on my experience. Nevertheless, BNB has been cemented itself as one of the best CEX right now in the crypto space, and although many other CEXes are popping out and some is slowly gaining popularity, Binance will still be at the top... or will it be? :D

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Re: Why use Binance Coin??
« Reply #45 on: February 01, 2025, 03:51:21 PM »

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Offline Findingnemo

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Re: Why use Binance Coin??
« Reply #46 on: February 01, 2025, 04:38:55 PM »
Well, it can be both. :) A native token of Binance, and a coin that has its own blockchain where project developers can create their own project.

Basically a token is something that runs on a blockchain while coin is having it's own blockchain and can allow the projects to run on it. So it can't be both (technically)

SOL has been the preferred chain for launching the new projects since last year but the wave can turn at any moment so the potential of BNB is bigger than now compared to when it was a token running over ETH.
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Offline martinex

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Re: Why use Binance Coin??
« Reply #47 on: February 02, 2025, 04:22:25 PM »
Of course for me BNB is the third choice after BTC, ETH and of course this is one of the altcoins that is a good investment and has performed well so far. I wait for ETH to go up first then it's BNB's turn to follow and this pattern is always like that if I pay attention to its movements. The CEO being replaced is not a problem for BNB to continue moving forward.

Offline yohananaomi

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Re: Why use Binance Coin??
« Reply #48 on: February 03, 2025, 03:11:44 AM »
There maybe a lot of new token and chains coming up but Binance continue to enjoy the trust of the community, the token is back up by a platform used by millions of members.
It makes sense if People trust Binance coin because it is backed up by Binance exchange which is the number 1 CEX in the world. As long as Binance exchange is still the most popular CEX, Binance coin will be trusted by all people around the world. But if there is something bad happening with Binance exchange, Binance coin will be declining as well.
Until now, Binance is still a favorite, because it always provides continuous development so that it can be accepted by many people, and we also know that currently Binance is still the best and is always the target of investors.
If something bad happens to Binance, it seems like they will be able to handle it well and experience has proven that.
I agree, Binance is a favorite of crypto lovers, and the best in altcoin after eth , innovation is always present in this network, so there is no reason to leave it
All will also agree with what you say and cannot hide the fact that, until now, binance is still the best and always provides the latest innovations and can always provide more benefits for its users and does not disappoint with cheap gas fees.
I think, until now, binance is the best and is very superior in all aspects of what is done., So it is not surprising that BNB can increase well and, until now, it is still one of the potential altcoins.

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Re: Why use Binance Coin??
« Reply #49 on: February 04, 2025, 06:31:15 PM »
All will also agree with what you say and cannot hide the fact that, until now, binance is still the best and always provides the latest innovations and can always provide more benefits for its users and does not disappoint with cheap gas fees.
I think, until now, binance is the best and is very superior in all aspects of what is done., So it is not surprising that BNB can increase well and, until now, it is still one of the potential altcoins.
Binance is a major force in this market: they have all the necessary tools to serve users and generate huge revenue. Investing in BNB can even be considered safer than investing in ETH or XRP.

Binance will not allow their token to be negatively impacted by failure, and the complete failure of BNB can be considered a signal of Binance's weakening in this market. I believe that as long as Binance exists, BNB price will continue to make new ATHs and is worth trusting and investing in!

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Re: Why use Binance Coin??
« Reply #50 on: February 05, 2025, 11:58:27 PM »
Of course for me BNB is the third choice after BTC, ETH and of course this is one of the altcoins that is a good investment and has performed well so far. I wait for ETH to go up first then it's BNB's turn to follow and this pattern is always like that if I pay attention to its movements. The CEO being replaced is not a problem for BNB to continue moving forward.
Me, too. BTC, then ETH, and BNB, followed by SOL, XRP, and more other altcoins with a smaller percentage if possible. But for future investment, it seems that I will improve the proportion, BTC must still be more than 50%. and for BNB, it is still very potential, even though it is very competitive with SOL, it's just that, I personally, still really believe in BNB which is known to have a fairly strong fundamental, and of course a team that is indeed professional.
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Re: Why use Binance Coin??
« Reply #51 on: February 10, 2025, 04:35:09 AM »
All will also agree with what you say and cannot hide the fact that, until now, binance is still the best and always provides the latest innovations and can always provide more benefits for its users and does not disappoint with cheap gas fees.
I think, until now, binance is the best and is very superior in all aspects of what is done., So it is not surprising that BNB can increase well and, until now, it is still one of the potential altcoins.
Binance is a major force in this market: they have all the necessary tools to serve users and generate huge revenue. Investing in BNB can even be considered safer than investing in ETH or XRP.

Binance will not allow their token to be negatively impacted by failure, and the complete failure of BNB can be considered a signal of Binance's weakening in this market. I believe that as long as Binance exists, BNB price will continue to make new ATHs and is worth trusting and investing in!
It is true and, until now, what you said makes perfect sense, and it has been widely recognized that binance is indeed very strong for the current crypto market. They are always more advanced and at the forefront in always providing innovations for their users.
Clearly, their reputation will always be maintained because that it will always provide a very large contribution to BNB, and what you said is very true that if BNB fails, it will give a negative side that binance is incapable or weak. So as long as binance exists BNB will always remain the best.

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Re: Why use Binance Coin??
« Reply #51 on: February 10, 2025, 04:35:09 AM »


 

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