Post
Topic
Board Speculation (Altcoins)
Re: Binance Coin losing its Value, What will happen to Public Funds
by
aubert
on 27/11/2022, 22:44:08 UTC
Hello Guys just checking BNB coin, losing the support, and investors and people are predicting it may further fall, as Binance CZ is solely relying on BNB , what will happen if

1) BNB kept losing its value
Where did you see that, the price of binance got appreciated almost 20% due to the launch of public safety funds. The price is also very strong at this moment.

2) Till How much value (you think) that BNB can sustain
It can't be determined as long as bitcoin will be increasing even more and binance coin will also increase too. This actually depends with the trend in the market.

3) What will happen to public funds, will there be liquidity issue if BNB falls to a certain level
Binance has been very transparent as it has so many reserved funds and it's not likely binance used the funds to gambling like what FTX did. I guess binance has anticipated the possibility for liquidity issue.

4) What will be your way to save yourself if anything goes bad..
Just transfer your funds to your personal wallet. that will be solved any problems related with cex