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/biz/ - Business & Finance

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10444849 No.10444849 [Reply] [Original]

This is literally the best thing to hold. Look at the weekly BNB/BTC chart. It has outperformed just about all other big caps.

>Binance uses 20% of their profits per quarter to buy back BNB tokens and burn them. They make $2-3M/day.

>25% discount on trades on binance when you use BNB

>Holders of >500 BNB get double referral rewards on Binance

>Trades against nearly all Binance listed coins.

>When Binance launches their DEX they will use BNB as the reserve currency.

>Their soon to be released dollar markets will have a BNB USD swap

I trade BNB pairs instead of BTC pairs these days. What about everyone else?

>> No.10444998

its a legit good exchange token, but I think we are headed for a real crash (btc sub 3k) before October, so Im not buying anything atm.

>> No.10445015

>>10444998

if you care about SATS, BNB does the inverse of BTC.

>> No.10445117

>>10445015
I agree but it's not always the case.

Also look at every single BNB market today. Of all the BNB pairs, only 1 is positive against BNB (by 1%)

>> No.10445206

just wish binance did margin trading

>> No.10445269
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10445269

It's a good token at the moment but it's not a long term hold. Binance has some incredibly questionable business practices and won't face up to regulation very well when it starts to hit. Tread carefully anons.

>> No.10445385
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10445385

>>10445269

SAFU