Ninjastic
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Topic
Board Speculation (Altcoins)
Re: Binance: $BNB The Future of Exchanges.
by
Omega Weapon
on 02/10/2017, 18:52:15 UTC
Quote from: newcoin01 on October 01, 2017, 10:47:50 AM
Quote from: Pete550 on October 01, 2017, 09:04:11 AM
Quote from: Aaroenz0r on October 01, 2017, 05:44:13 AM
Is this exchange from China ? See many exchange has been closed by china goverment

it is an international exchange with servers based in South Korea and Japan. They also have office(s) in Tokyo.
the business is based in hong kong and not under chinese law.
discussed 1000 times...

so no, the are not closing.

binance is already #6 of all exchanges in trading volume.
more than poloniex..

its inreasing with every new coin added.
expect it to be one of the top exchanges and bnb at 2-5$ soon.

note:
Binance whitepaper: "Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100MM) back."
expect first burning this month.





I can't magine the volume on Binance when China's restrictions over. Of course also the value of BNB tokens Cool
You are being too positive, what makes you think that the China’s restrictions are going to be over? Just because they said so, governments lie all the time, they introduce laws and taxes with the excuse is a temporary thing and we never see the end of it, if anything it is very possible that the restrictions get even harder, that is no something that I wish but the possibility is there.