The top exchange for cryptocurrency right now.
Since they are moving to Malta which is crypto friendly as a country, now they are making some banking partnership which will end with crypto-to-fiat exchange.
They also want to release fully decentralized exchange this year and they have just made a burn of 30 million USDs in BNB tokens.
You can see it here from their live stream
The transaction:
https://etherscan.io/tx/0x15132c07b4fdee0d4c77c2993588270914c1451953f5fa9ee20aa5450f399031
If you trade there its worth having BNB since they burn them to keep supply small and also you have smaller fees when using it.
Binance Markets
BNB Markets
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
 |
|---|
Binance figured it out. Happy customers equal mass adoption.I'mm sure they will be top exchange in no time
Binance is already a top exchange and they figured out that it's easier to burn coins that pay holders a dividend as this could be classed as an income.
I had felt the heat from that burn. The CEO is a wise man, Binance will going to be big because the uncertainty of users losing money from a government poking and nosing around will be wiped off so it is a great news.
Yes. Really big. They will sure make a difference there
We need an efficient decentralised exchange free from any one else's intervention. It can be based on steemit/bitshares as its a fastest cryptocurrency with high transaction capacity.
OpenLedger and CryptoBridge ;)
They've been adding a lot of new currency pairs. Just need to get the volumes up and they'd be perfect.
Excited to see how the USD pairs will effect the cryptosphere...
Thank You KC... once again an informative post.
Been using Binance almost from its inception.
Thanks Again...
Cheers !!
Finally they introduce a crypto fiat system. Binance is the best at avoiding hacks as they did so recently and were able to catch the guy. This firm knows their stuff. I'm glad exchanges are stepping up their game due to competition.
1 of my favorite exchanges
If you are looking at the future it shouldn't be a view with centralized exchanges. Within a few years these website based exchanges will likely be gone as everything goes DEX.
I think that ETHOS will be first with there Universal Wallet.
This is a nice, useful and wonderful topic. And I always like these topics and looking for them, thank you and waiting for your next topics accept my words
I assume that BNB is their native token? What purpose does it serve? I mean why should you hold it (apart from the 50% fee saving).
Glad to see Binance continuing to push through the road blocks in their way. In order for crypto to become mainstream we need exchanges like Binance.
Everything Binance has done $BNB has been a boon to the crypto industry. I'm personally a little surprised the latest burn did not spike the value of the coin. But that's alright, the best part of their most recent announcement is how gaudy their profits were. Oopf.
Binance will be probably the exchange that will probably start a trend. The trend will put an end to toxic correlation of BTC to much technologically superior altcoins (ofcourse, not all are superior because there are a lot of shitcoins as well). What I mean is, they will introduce many new alts/fiar pairings which is very required now in this flawed market. The times when you pull your hair out just because Bitcoin tanks heavily or is a on a crazy speculation run will be finally over. The better tech will prevail eventually.
Good insight.
Great post. I'd appreciate that you see my content as well. I do technical analysis for the community with a focus on teaching.
https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-the-road-to-all-time-highs-of-usd35-000-believe-in-bitcoin
Binance is my main trading platform. Their CEO is an inspiring person. He takes way more risk than any altcoin trader.
Hey, just wanted to let you know I gave you an upvote because I appreciate your content! =D See you around
I don't have any experience with benance though heard a lot about it. Thanks for coming with more information.
You got a 6.75% upvote from @upmewhale courtesy of @kingscrown!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
Binance Hoodie for the free advertising
The world of Crypto need Binance be back stronger again in the game. They really know how crypto-world works and that's good for all people who ivested a lot of money, and obviously for the new investors.
Every single exchange need to start working like Binance, they conquered the market with some months of existence, insane grow.
They should burn some SBD ;) @tipU upvote this post with 0.2 sbd
Hi @kingscrown! You have received 0.2 SBD @tipU upvote
from @cardboard !
@tipU pays 100% profit + 50% curation rewards to all investors and allows to automatically reinvest selected part of the payout.
Been a big fan of Binance since they popped on the seen. I especially like the app because i do alot of my trading from my mobile devices. Having an on ramp would be huge! Thanks for the post @kingscrown!
idk why but i can't login to my binance account right meow?? It keeps saying a monster ate the image when I try to put the puzzle piece in the captcha
Binance is a best cryptocurrency trading platform. I use this for long time. The CEO of BINANCE is very wise person and I think BINANCE will grow up.
Since Japan couldn't accommodate them cos of their law. Malta will be a nice place for them. The exchange collabo is a great move to draw in more investor to crypto
CS become an inspiration for anyone else?
I currently have my investments held in Bittrex due to the fact that it's an American exchange and one of the well known exchanges. Now, after seeing how much the CEO truly cares for users experience on Binance exchange, it makes me feel more comfortable holding my investments in Binance as well as trading on the exchange. Overall love the CEO/founder and his mission!
If Binance will make the crypto-fiat-exchange like on coinbase obsolete, the world will change. Still Binance is an central point of failure, we will see what the future brings
Fake News - Binance is not adding fiat pairs anytime soon
https://blockexplorer.com/news/fake-news-binance-says-not-adding-usd-trading-pairs/
Check out the tweet by CZ