Re: Can Binance beat Ethereum

Quote from: YOSHIE on February 07, 2020, 10:31:38 AM

Quote from: fib123 on February 06, 2020, 03:29:15 PM

I think someday BNB will beat ETH, What you Think

if that happens it takes a very long process for Binance BNB to beat the ETH price.

Current price position (7 feb 2020).

BNB position: $ 21.73
Ethereum: $ 220.77
Very far in comparison.

Ethereum is used by all ERC 20 transactions and the volume is very high compared to BNB and Eth using many available platforms.

While BNB is rarely used for transactions in general on the market, it is not the same as eth.

So, I would argue that BNB might not be able to beat the ETH price.

I think in cryptocurrency all the possibilities can happen, you can see how the bitcoin price movement from the beginning was created until now the price can be expensive, so when the Binance exchange has a good development then it can be used as an opportunity for rising BNB prices so the price range is not be a serious problem.

It is undeniable that currently the platform for Binance exchange is widely used by the people for trading because indeed there can provide comfort and security when trading.