Binance Exchange and (BNB Shares) 40xGain In a few months!

On September 15th BNB was valued at just $0.52

Today its valued at $10.24 and has been as high as $24.91 that’s over a 40x gain in a few months!

Source https://coinmarketcap.com/currencies/binance-coin/historical-data/?start=20130428&end=20180203

If you would like to skip my overview of the platform, and purchase some BNB for yourself, you can sign up with the link below.

https://www.binance.com/?ref=10773605

How did they do it?

First of all, 2017 was an explosive year for crypto growth in general, with many cryptos running up huge multipliers. Binance coin (BNB) is no exception, it has seen its own dramatic rise, with a 40X growth in the last few months alone!
Binance gained popular favor by being the first exchange, to put heavy resources/time/effort into running promotions! You can win cars, coins and all sorts. Their marketing team has been absolutely superb in driving traffic to the platform. They allocated 50% of their funds to marketing/advertisement alone, and it has paid dividends ten times over.

Product, there exchange is powerful, elegant and easy to use! I myself only joined Binance for a coin like most, but stayed for the user experience. They scale well, and can handle 1.4million orders/sec Have both Mobile iOS/Android support. They also have a “pro” feature allowing you to use charts of professionals, and make Technical analysis on the platform. The list goes on, if you haven’t used the platform I can’t recommend it enough. They even offer a community poll, where you can vote for your favorite coin to be listed each month.

This Brought the first wave of attention to the platform. Oh, and they offer a referral program, where you can earn 20% of the Fee commission from their trades. I used one to sign up myself, there is no reason not to. Would you rather the exchange earn the fees? If you so Choose you can use mine at the top, and it would be much appreciated!

Introduction of the Exchange coin Binance coin (BNB)

BNB is the exchanges own coin, after the platforms free trading fee promotion period ending (yet another superb move, shout out to the marketing team). BNB allows users to have 50% reduced trading fees if they pay with BNB/Hold BNB in their account. The white paper states they will burn 100million (total) of these coins over a quarterly period, using the profits generated from the platform. ICOS (initial coin offerings) will have to pay a huge fee in BNB coins to list on the exchange. All these factors will drive supply down, or revenue up, Thus driving price action positively in the future. It’s a great economic model!

So far to date 98600BNB were burned in there first quarter and 1,821,586 in there second. Which in USD is a Hefty $28 Million! (at the current market value)

If crypto market continues to grow, and Binance continue to deliver. BNB is set to boom. I wouldn’t be surprised if we see a BNB well over $100 by the end of 2018

Social media link to Binance

Facebook: https://www.facebook.com/binanceexchange
Twitter: https://twitter.com/binance_2017
Reddit: https://www.reddit.com/r/BinanceExchange/
Medium: https://medium.com/binanceexchange
Sign Up: https://www.binance.com/?ref=10773605

Thanks for reading!

Disclaimer : All investing is speculative. This isn't financial advice. Just one man's opinion of a complex fractal world with infinite variables, affecting the system, at exactly the same time.