Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway
by
matjas
on 31/10/2018, 17:15:39 UTC

BNB is a utility token as well so it can work out if they manage to attract customers so that the volume will be decent.

But Binance dont paying dividents to token holders as I know. They just have discounts for trading with their tokens. Or Im missing something?

Yeah it may seem true but I was wondering why BNB which has a lesser usage compared to other utility tokens yet its price continues to go up? Any ideas?

Probably because Binance is the most popular exchange out there and it also has the most daily volume right now. People are not buying their tokens to get fees reduced, they are buying because of Binance success.