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/biz/ - Business & Finance


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4173433 No.4173433 [Reply] [Original]

China is just coming back into the digital currency game.

Both new and old investors will need sites that will likely need to be Chinese if they live in China for reasons of law, some will get around it with risky VPN's.

Chinese people - like most humans - are greedy.

The Binance exchange is a Chinese ran site.

Binance has it's own coin called Binance coin (BNB).

People who trade on the Binance website are given a 50% discount if they trade using BNB instead of BTC, ETH or USDT.

That 50% is a massive incentive for Chinese who are forced into using Chinese ran sites.

Does anyone here see the Binance website doing bad?
So far, my experience with them has been pleasant.

I just hope they don't do anything that would get them shut down or cause the coin to fail.

>https://coinmarketcap.com/currencies/binance-coin/

What do you think /biz/, sound solid?

>> No.4173447
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4173447

>>4173433
MOONING HAS BEGUN!

>> No.4173553
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4173553

>>4173433
I take it you're all too busy investing to post?

I just sold off all my Tron (TRX) to put it all into BNB.

I'm not shilling, just trying to help out my fellow LINK marines and JUST bros.

>> No.4173630

Just downloaded their android app and its pretty great

>> No.4173641

>>4173433

Can we get an unedited version of this? Fucking hell.

>> No.4173642

I just got out of that piece of shit. It is impossible to trade it. BNB bots will annihilate you and it isn't on any other exchanges so there are never any human mistakes to capitalize on.

>> No.4173657

>>4173553
sause

>> No.4173677
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4173677

>>4173642
I might actually take a small loss on LINK to pump BNB right now.

I really believe my line of reasoning is right, I just don't know much about the Binance team itself.

>> No.4173716

>>4173677

Nice, just bought 200 BNB

>> No.4173770
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4173770

>>4173716
Best wishes Binance buddy!

>>4173657
Can't, it's NSFW.
And that image is already extremely close to being NSFW.