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Author Topic: Investment of BNB  (Read 28386 times)

Offline Gurujebs

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Re: Investment of BNB
« Reply #135 on: June 17, 2024, 04:30:47 PM »
Yes, I hope so too. Hopefully the CZ incident will not happen again because this will affect Binance's reputation as the best exchange. And the trust of users can decrease if this happens, it will also affect the BNB coin.

If Binance could pay $4b and went to prison and confidently with US, I'm not sure they are going to be stupid to repeat what happened in the past. Moreover, what happened in the case of CZ is as a result of KYC they didn't implement back then that cause all these problems for them, how many centralized exchanges actually had kyc in 2015-2018 but they were fine heavily, nothing case were presented after the exchange implemented kyc, I'm not sure if they will allow anything again unless they want to sue all the centralized exchanges including Coinbase that is operating in the US too.
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Re: Investment of BNB
« Reply #135 on: June 17, 2024, 04:30:47 PM »

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Offline dekafee79

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Re: Investment of BNB
« Reply #136 on: June 18, 2024, 11:23:12 AM »
Yes, I hope so too. Hopefully the CZ incident will not happen again because this will affect Binance's reputation as the best exchange. And the trust of users can decrease if this happens, it will also affect the BNB coin.

If Binance could pay $4b and went to prison and confidently with US, I'm not sure they are going to be stupid to repeat what happened in the past. Moreover, what happened in the case of CZ is as a result of KYC they didn't implement back then that cause all these problems for them, how many centralized exchanges actually had kyc in 2015-2018 but they were fine heavily, nothing case were presented after the exchange implemented kyc, I'm not sure if they will allow anything again unless they want to sue all the centralized exchanges including Coinbase that is operating in the US too.
KYC is very important to do on exchanges, even though in the past I used exchanges without KYC, nowadays we also have to be careful when sharing KYC on exchanges. because some exchanges also don't have a good reputation.  Regarding CZ' return to Binance, it looks like this is a very good thing to look forward to, because maybe many people also hope so.

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Re: Investment of BNB
« Reply #136 on: June 18, 2024, 11:23:12 AM »

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Offline armanda90

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Re: Investment of BNB
« Reply #137 on: June 20, 2024, 07:52:15 PM »
KYC is very important to do on exchanges, even though in the past I used exchanges without KYC, nowadays we also have to be careful when sharing KYC on exchanges. because some exchanges also don't have a good reputation.  Regarding CZ' return to Binance, it looks like this is a very good thing to look forward to, because maybe many people also hope so.
Exchange market require with KYC because government regulation and possibility block access if still not adopt with KYC regulation, recently before binance adapting require KYC has other exchange market such as MEXC and Kucoin without KYC still available for trading and withdrawing although maximum 2 BTC in daily day.
But right now both of exchange have require KYC and I don't think problem with Binance regulation must KYC for trading there.
All user agree with KYC procedure because its not too difficult rule, just uploading our document ID and verifying first level is enough to get account access for trading and withdrawing fund.

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Re: Investment of BNB
« Reply #138 on: June 21, 2024, 01:02:01 AM »
KYC is very important to do on exchanges, even though in the past I used exchanges without KYC, nowadays we also have to be careful when sharing KYC on exchanges. because some exchanges also don't have a good reputation.  Regarding CZ' return to Binance, it looks like this is a very good thing to look forward to, because maybe many people also hope so.
Exchange market require with KYC because government regulation and possibility block access if still not adopt with KYC regulation, recently before binance adapting require KYC has other exchange market such as MEXC and Kucoin without KYC still available for trading and withdrawing although maximum 2 BTC in daily day.
But right now both of exchange have require KYC and I don't think problem with Binance regulation must KYC for trading there.
All user agree with KYC procedure because its not too difficult rule, just uploading our document ID and verifying first level is enough to get account access for trading and withdrawing fund.
Crypto used to be anonymous, but over time exchanges required KYC, so the term anonymous which made governments in several countries block crypto has now been answered.  We have to choose an exchange that has a good reputation so that the data we share is not misused.  Because personal data is something important.

Offline LogitechMouse

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Re: Investment of BNB
« Reply #139 on: June 21, 2024, 08:51:51 AM »
KYC is very important to do on exchanges, even though in the past I used exchanges without KYC, nowadays we also have to be careful when sharing KYC on exchanges. because some exchanges also don't have a good reputation.  Regarding CZ' return to Binance, it looks like this is a very good thing to look forward to, because maybe many people also hope so.
Exchange market require with KYC because government regulation and possibility block access if still not adopt with KYC regulation, recently before binance adapting require KYC has other exchange market such as MEXC and Kucoin without KYC still available for trading and withdrawing although maximum 2 BTC in daily day.
But right now both of exchange have require KYC and I don't think problem with Binance regulation must KYC for trading there.
All user agree with KYC procedure because its not too difficult rule, just uploading our document ID and verifying first level is enough to get account access for trading and withdrawing fund.
Crypto used to be anonymous, but over time exchanges required KYC, so the term anonymous which made governments in several countries block crypto has now been answered.  We have to choose an exchange that has a good reputation so that the data we share is not misused.  Because personal data is something important.
Can I ask what exchange do you consider "reputable" as of this moment? Are those reputable exchange not using our personal data for their own sake?
Another one is that do you think that all of those CEX aren't using our personal information? I mean we know how somebody can use other people's personal information, right?

Well, I'm a user of CEX as well, and like most here, I also sent my personal information to them just to use the exchange. NGL, I don't want to do it, but I have no choice since I want to sell my assets. I guess this is how it works right now. We need to share our personal information just to sell or buy assets. Yes, there are DEXes out there, but they aren't supporting many cryptocurrencies like CEX does hence, many are using CEX even it costs their personal information.

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Re: Investment of BNB
« Reply #140 on: July 12, 2024, 08:13:14 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.

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Re: Investment of BNB
« Reply #141 on: July 12, 2024, 10:21:54 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.
There has no doubt about BNB. BNB is fantastic coin. It related with Binance we know. I also think now down market so not only BNB all currency price decreasing. So don’t afraid who already invested on BNB.

Even we know Binance x CEO CZ has been released and may be he will attend in Binance again. He is very talanted person. If he came then BNB price will increase i believe it.
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Re: Investment of BNB
« Reply #141 on: July 12, 2024, 10:21:54 PM »


Online kulkhan

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Re: Investment of BNB
« Reply #142 on: July 12, 2024, 10:56:41 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.
There has no doubt about BNB. BNB is fantastic coin. It related with Binance we know. I also think now down market so not only BNB all currency price decreasing. So don’t afraid who already invested on BNB.

Even we know Binance x CEO CZ has been released and may be he will attend in Binance again. He is very talanted person. If he came then BNB price will increase i believe it.
░░░░░░░░░░░░░░░░░█████████████
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Online doc

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Re: Investment of BNB
« Reply #143 on: July 12, 2024, 11:35:56 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.
There has no doubt about BNB. BNB is fantastic coin. It related with Binance we know. I also think now down market so not only BNB all currency price decreasing. So don’t afraid who already invested on BNB.

Even we know Binance x CEO CZ has been released and may be he will attend in Binance again. He is very talanted person. If he came then BNB price will increase i believe it.
BNB is a potential coin and is supported by the largest exchange, Binance. I also invested in BNB and am still trying to hold it until next year.
Rumors about CZ's return have been widely discussed for some time, but it is not yet clear whether this will actually happen.

Offline UNIVERSE

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Re: Investment of BNB
« Reply #144 on: July 13, 2024, 10:35:13 PM »
BNB is a potential coin and is supported by the largest exchange, Binance. I also invested in BNB and am still trying to hold it until next year. Rumors about CZ's return have been widely discussed for some time, but it is not yet clear whether this will actually happen.
BNB is the coin of Binance exchange. It is not only supported by Binance exchange but it is owned by Binance exchange. As long as Binance exchange becomes the number 1 CEX in the world, BNB coin will remain one of the top coins. BNB coin has a good role in Binance exchange, people can get some advantages by using BNB coin there. The fundamental of BNB coin is clear, it is always related to Binance exchange.

The issue about CZ no longer bring bad impact on BNB coin, people already forget it. CZ already solved the problem himself, he is no longer CEO of Binance exchange. So, we don't need to feel worried about it.



Offline dekafee79

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Re: Investment of BNB
« Reply #145 on: July 14, 2024, 11:29:09 AM »
BNB is a potential coin and is supported by the largest exchange, Binance. I also invested in BNB and am still trying to hold it until next year. Rumors about CZ's return have been widely discussed for some time, but it is not yet clear whether this will actually happen.
BNB is the coin of Binance exchange. It is not only supported by Binance exchange but it is owned by Binance exchange. As long as Binance exchange becomes the number 1 CEX in the world, BNB coin will remain one of the top coins. BNB coin has a good role in Binance exchange, people can get some advantages by using BNB coin there. The fundamental of BNB coin is clear, it is always related to Binance exchange.

The issue about CZ no longer bring bad impact on BNB coin, people already forget it. CZ already solved the problem himself, he is no longer CEO of Binance exchange. So, we don't need to feel worried about it.
BNB is a popular coin and many people still hold it, I also have some BNB in ​​wallets. I agree with you BNB owned by Binance Exchange and of course will always be supported by Binance as the biggest exchange today. I am waiting for BNB to touch 700 $ and sell it.

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Re: Investment of BNB
« Reply #146 on: July 15, 2024, 04:01:32 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.
There has no doubt about BNB. BNB is fantastic coin. It related with Binance we know. I also think now down market so not only BNB all currency price decreasing. So don’t afraid who already invested on BNB.

Even we know Binance x CEO CZ has been released and may be he will attend in Binance again. He is very talanted person. If he came then BNB price will increase i believe it.
BNB is a potential coin and is supported by the largest exchange, Binance. I also invested in BNB and am still trying to hold it until next year.
Rumors about CZ's return have been widely discussed for some time, but it is not yet clear whether this will actually happen.

if cz returns the BNB value will definitely fly higher, a lucky break for BNB holders when that time comes.
I am also collecting bnb collectively for the next bullrun, hopefully it can fly and reach a new ath

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Re: Investment of BNB
« Reply #147 on: July 15, 2024, 06:24:58 PM »
Before we invest in BNB or other cryptocurrency coins, we must really understand the risks involved. So that we are not surprised, frustrated or anything like that if the value of our assets falls. In fact, the decline in BNB follows the decline in other coins globally, so we don't need to worry too much, let alone cut losses. BNB is a good coin, I am optimistic that the price of the coin will rise soon.
There has no doubt about BNB. BNB is fantastic coin. It related with Binance we know. I also think now down market so not only BNB all currency price decreasing. So don’t afraid who already invested on BNB.

Even we know Binance x CEO CZ has been released and may be he will attend in Binance again. He is very talanted person. If he came then BNB price will increase i believe it.
BNB is a potential coin and is supported by the largest exchange, Binance. I also invested in BNB and am still trying to hold it until next year.
Rumors about CZ's return have been widely discussed for some time, but it is not yet clear whether this will actually happen.

if cz returns the BNB value will definitely fly higher, a lucky break for BNB holders when that time comes.
I am also collecting bnb collectively for the next bullrun, hopefully it can fly and reach a new ath
CZ influence on BNB is indeed very large, Binance is growing rapidly because of his leadership.  On another factor, BNB is a coin that is always at the top of the rankings, it has a strong mentality to rise higher.  And also Binance Smart Chain which has a large ecosystem and low transaction fees, of course this will be the choice of many people.  Investing in BNB is the right choice.

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Re: Investment of BNB
« Reply #148 on: July 16, 2024, 05:45:45 PM »

CZ influence on BNB is indeed very large, Binance is growing rapidly because of his leadership.  On another factor, BNB is a coin that is always at the top of the rankings, it has a strong mentality to rise higher.  And also Binance Smart Chain which has a large ecosystem and low transaction fees, of course this will be the choice of many people.  Investing in BNB is the right choice.
It is always interesting to discuss CZ and Binance, because after all CZ is the one who leads Binance to have the largest exchange, a smart chain that has a large community and of course the BNB coin which is quite stable in the top 5 coins. I also agree, BNB is a potential coin to hold.

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Re: Investment of BNB
« Reply #149 on: July 16, 2024, 09:13:10 PM »

CZ influence on BNB is indeed very large, Binance is growing rapidly because of his leadership.  On another factor, BNB is a coin that is always at the top of the rankings, it has a strong mentality to rise higher.  And also Binance Smart Chain which has a large ecosystem and low transaction fees, of course this will be the choice of many people.  Investing in BNB is the right choice.
It is always interesting to discuss CZ and Binance, because after all CZ is the one who leads Binance to have the largest exchange, a smart chain that has a large community and of course the BNB coin which is quite stable in the top 5 coins. I also agree, BNB is a potential coin to hold.
BNB is a coin that has very good potential in the future, this coin has the potential to have a high price. 
Investing in BNB will not result in losses, even though the price has fallen, I guarantee that the increase will occur quickly.
Because of the great support from the Community, BNB does not fall easily.

 

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