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Author Topic: Why use Binance Coin??  (Read 5427 times)

Offline yohananaomi

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Re: Why use Binance Coin??
« Reply #75 on: April 02, 2025, 07:00:09 AM »
The influence of binance, which already has a big name, greatly affects every movement of the BNB and can always make a good contribution and can always be in its best position and if it is down and not long after that, with the mechanism carried out by Binance, BNB is finally able to rise again. So it is true that banance can always affect every BNB movement, so that until now, if there is competition, for example with sol, it will be able to take over again.
This is correct because Binance is the leading exchange that is associated with trade in BNB tokens. In this regard, and with the increase in its ecosystem and various measures adopted, Binance has always ensured that BNB continues to appeal to the market. Whenever the prices decline, there are various measures they put in place which trigger market recovery and hence a rise in prices. Furthermore, being the world’s largest exchange means that Binance gives support to BNB, which is among those few projects that are relatively immune to competition from other projects. Strategically, and socially, BNB’s supply is continuously adapting; thus, it is as well-positioned to continue living through and evolving with the harshly competitive environment as it expands.
Until now, everyone must also admit that binance is the most prominent exchange and is used by many.
They will always intervene if there is a decline, and it is reasonable to do so as not to lose momentum to be able to immediately continue to increase well.
Until now, it was true that Binance has always provided support to BNB in every movement that occurs, because Binance does not want its reputation to also fall if BNB falls, and it is reasonable to do so

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Re: Why use Binance Coin??
« Reply #75 on: April 02, 2025, 07:00:09 AM »

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Offline Flydove

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Re: Why use Binance Coin??
« Reply #76 on: April 17, 2025, 12:22:36 PM »
The BNB token is used to trade this cryptocurrency, which is used as a utility token to pay for trading fees and lower costs for transactions.  Invest in this coin as this cryptocurrency is predicted to reach new heights.  And it will continue to grow financially in the future,



The BNB is showing increasing prospects at least. As at now it's not limited to binance alone as its also used in Defi in BNB chain and also accepted by a couple of retailers, vendors and several payment gateways.

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Re: Why use Binance Coin??
« Reply #76 on: April 17, 2025, 12:22:36 PM »

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Offline Mr. Magkaisa

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Re: Why use Binance Coin??
« Reply #77 on: April 18, 2025, 04:22:38 PM »
If there is any exchange that is capable of dethrone Binance, they need a very smart strategy because right now, there is no any exchange that has that support like Binance because they are everywhere.
binance is very much the most trusted and most popular among the people hence why other platforms are gonna have to implement features unique and can never be found in binance

in many countries, binance is banned so this can be an opportunity for other platforms to take advantage and take binance’s customers but they are gonna need to surpass how well binance works

       -      Most trusted exchange you're right mate, it's just that here in our country I'm a little hesitant to use it right now because it's restricted right now in our country, but in the binance apps we can still open it except for their website platform which is not really.

So hopefully in the future this restriction will be removed in our country, because binance is really a big deal in all the crypto communities
that we have here in our country at the moment.

Offline Hisbullah

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Re: Why use Binance Coin??
« Reply #78 on: April 28, 2025, 08:59:01 PM »
If there is any exchange that is capable of dethrone Binance, they need a very smart strategy because right now, there is no any exchange that has that support like Binance because they are everywhere.
binance is very much the most trusted and most popular among the people hence why other platforms are gonna have to implement features unique and can never be found in binance

in many countries, binance is banned so this can be an opportunity for other platforms to take advantage and take binance’s customers but they are gonna need to surpass how well binance works

       -      Most trusted exchange you're right mate, it's just that here in our country I'm a little hesitant to use it right now because it's restricted right now in our country, but in the binance apps we can still open it except for their website platform which is not really.

So hopefully in the future this restriction will be removed in our country, because binance is really a big deal in all the crypto communities
that we have here in our country at the moment.
I am grateful that binance in our country is not restricted, because I spend more time every day trading on binance and kucoin. These two exchanges are my favorite exchanges. I also hope that in your country the government will immediately provide access to the binance website, because why should it be restricted? if its citizens do not carry out illegal activities using binance
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