Why use Binance Coin??

[LogitechMouse]

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?

[Findingnemo]

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.

[martinex]

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.

[yohananaomi]

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.

[KryptoBull]

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!

[sampoerna]

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.

[yohananaomi]

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.

[dekafee79]

t 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.

For now, Binance is indeed the biggest and widely used for trading. They always innovate their projects. And Binance always supports their coin BNB, so we don't need to worry that BNB is also good to hold in this season.
BNB is still the top coin, so there is no doubt to invest in BNB

[yohananaomi]

t 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.

For now, Binance is indeed the biggest and widely used for trading. They always innovate their projects. And Binance always supports their coin BNB, so we don't need to worry that BNB is also good to hold in this season.
BNB is still the top coin, so there is no doubt to invest in BNB

Binance can always make a good contribution to projects running on their network, so it is not surprising that it can always be successful, because besides, binance is already famous and the best for now, but what is always done is the latest innovation and never fails to do that, no wonder BNB is one of the most dominant to always be supported by its existence, so don't hesitate to invest in BNB because it will still be able to provide good results for its holders.

[vegasus]

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.

Yes, me too, but now SOL too. The point is BNB is one of the altcoins that are very potential for skyrocketing in the next altcoin season. And I also really believe that BNB will also succeed in reaching and surpassing the ATH again. and anyway, we may feel a bit disappointed with the current price movement, but that should not affect our love for these coins, so that we will be much more aware of what should and should not be done to optimize the chances for getting profits.

[joniboini]

but that should not affect our love for these coins, so that we will be much more aware of what should and should not be done to optimize the chances for getting profits.

If I learned anything from the past 7 years, it's a bad idea to be emotionally attached to a token/coin if our goal is to make a profit from them. I think the same thing applies to Bitcoin too. Even if you believe they won't die and will recover asap, the best decision is to do DCA or find the right time to enter or exit the market if the situation demands it. You don't want to be a bagholder where you can't find the liquidity to exit the market and instead get dumped on.

[alltalk]

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.

Since ETH doesn't have a great progress in this cycle, I consider to switch the level of priority of my crypto assets. BTC will be the main priority, meanwhile BNB, SOL, and TON are the second priority. For ETH, it may be in the 3rd priority because it doesn't show any big progress. Even it is still in the second place in CMC, our focus is on the progress of its raise during this cycle.

Sure, everyone knows CZ as the founder of Binance exchange and the creator of BNB coin. Even if CZ is replaced by a new CEO of Binance exchange, it won't bring so big impact on the role of CZ. We all know that every tweets (posts) of CZ still brings big impacts on crypto world, especially on the price move of BNB coin.

[yohananaomi]

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.

Yes, me too, but now SOL too. The point is BNB is one of the altcoins that are very potential for skyrocketing in the next altcoin season. And I also really believe that BNB will also succeed in reaching and surpassing the ATH again. and anyway, we may feel a bit disappointed with the current price movement, but that should not affect our love for these coins, so that we will be much more aware of what should and should not be done to optimize the chances for getting profits.

Many expect big to BNB and that is a natural thing to do because, so far, BNB can always make a good contribution to its holders and rarely do things that are not in accordance with them. Although now many competitors have sprung up that are quite good, I think not a few are still playing with BNB and will wait for things that might be expected so far by giving the latest ATH in the Altseason season.
I think to keep holding it until the right time and that will definitely be BNB.

[joniboini]

Sure, everyone knows CZ as the founder of Binance exchange and the creator of BNB coin. Even if CZ is replaced by a new CEO of Binance exchange, it won't bring so big impact on the role of CZ. We all know that every tweets (posts) of CZ still brings big impacts on crypto world, especially on the price move of BNB coin.

I honestly think that's not a good thing. If the market gets swayed easily by a couple of tweets that means it's very easy for them to influence the market based on what they need. While most of these people don't last long (especially if they dabble in alt promotions and shill too many shitcoins), the impact on the market is bound to last quite a bit. Well, hopefully, CZ or any big influencer doesn't turn into McAfee.

[sampoerna]

Many expect big to BNB and that is a natural thing to do because, so far, BNB can always make a good contribution to its holders and rarely do things that are not in accordance with them. Although now many competitors have sprung up that are quite good, I think not a few are still playing with BNB and will wait for things that might be expected so far by giving the latest ATH in the Altseason season.
I think to keep holding it until the right time and that will definitely be BNB.

Indeed, there is always a big hope for BNB, I am also one of those who hope that BNB will continue to rise in the altcoin season later, at least, $ 1k is my hope for ATH this season.

However, all the processes are quite complicated and not easy. At least we know there are some things that make people still believe in BNB.
Starting from CZ, because of Binance, and also its market cap. It's just that now its rival with Solana makes this coin more often compared about how its progress and progress are.