Post
Topic
Board Service Discussion (Altcoins)
Re: singapore attack binance.com
by
sikke
on 15/10/2021, 10:52:12 UTC
Binance.com's time has ended in Singapore they will stop the deposit feature, even though Binance, which is the largest crypto exchange platform in the world based on trading volume, members are given 1 month to withdraw.
This clearly affects BNB
https://www.forbes.com/sites/zinnialee/2021/09/28/binance-to-ban-singapore-users-from-crypto-trading-and-buying-on-its-global-platform/?sh=6d074dd17e17

Yes, the Singapore decision does affect BNB, but I don't think that it does to the degree that you imagine.

Binance coin has a lot more to it than just being a utility token for its CEX. It is also more useful in its application in the BSC which is arguably more important than its CEX going forward in time.

I think that $500/BNB will be breached very soon as a matter of time. It is 3rd coin by market cap for a reason.