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Binance Coin (BNB) / Re: Where to find Binance Smart Chain (BSC) Gems?
« on: May 28, 2024, 04:59:16 AM »Launchpad sounds interesting because the name Binance is there, as the number one exchange in the cryptocurrency world. For some people, it might be interpreted that sooner or later, the relevant token or coin will be listed on Binance. However, they don't think about the long term or the lack of interest and crowds. Their focus is only on short-term profits by selling as quickly as possible when listing on major exchanges which triggers price increases. Let's stop this nonsense.Yes, that's exactly it, the main reason is Binance's big name.
So even fraudulent projects won't mind paying the high listing cost on Binance to get the name and promotion they need, and then they just steal people's money and walk away.
On the other hand, Binance is all about getting high listing funds and they do not bear legal responsibility for fraudulent projects, so it is the job of investors to do their own research before investing.