[dtube] What is Binance (BNB) in a Nutshell [updated]

in #dtube2 years ago (edited)

Binance is a Chinese digital asset exchange that is getting a lot of attention recently. In this episode talk about the exchange itself, its business strategy and uses for the Binance Coin (BNB).
0:30 Binance Exchange
1:55 Trade Volumes
2:35 Trade Capacity
3:00 "Pro" mode user interface
4:50 Binance and Chinese ICOs
7:23 Binance Coin (BNB)

Full Binance Writeup: http://boxmining.com/binance-bnb
Binance Signup: https://www.binance.com/?ref=10192887

Steemit: https://steemit.com/@boxmining
Twitter: https://twitter.com/boxmining
Facebook: https://www.facebook.com/boxmining

🤑 Buy Bitcoin: https://www.coinbase.com/join/590c3a1c8bfa31012ffacf87

💰 Secure your Crypto with Hardware Wallets:
Ledger: https://www.ledgerwallet.com/r/428b
Trezor: https://trezor.io/?a=6xd5fhdqqjng

Bitcoin : 13EvsPm3YhiCPGksQQdvQUFtsbF8FoU6Cz
Ethereum: https://etherscan.io/address/0x58d98516363D2A5f93CE6aB4A4a909599C3EEC3a
DASH: XcAREQEEunvv6rJza9LKDzdyjZ1BwBN2iK
Litecoin: LXeXUr2Hr3ePgHb9aDjr4QdqA4DPXoTarU
Decred: DsgsSqYF2oSZ5MJeoqiEMyeJdWhdvWk8A4s

👩🏻‍🚀 Save on Amazon with Purse.io

💱Software Wallet:
Windows/Mac/linux: http://exodus.io

▶️ DTube

Thanks michael, good video

Binance is on its way to become one fo the most powerful exchange in the world, thanks to you and us all concerned with quality and potency. The power of decentralization, as shown by the Bitshares related environments, is slowly creeping into people's mind as they see the control exerted by the insidious centralized movement.

Thanks a lot for another great quality post! Namaste :)

Since Binance is Chinese & the PRC government is very much opposed to (particularly state-independent) cryptocurrencies, which safeguards are in place in case they make trading cryptocurrencies completely illegal?
I've opened an account on Binance, but haven't yet used it. Would be interesting to know the political risks first.

We need STEEM/BTC, STEEM/ETH and STEEM/USDT pairs on Binance ASAP. Their process is to file an application, a voting process, and coin selection. Anybody can file an application for a coin, however, they prefer someone from core developer team.

Michael, thanks for another good video.

I've never tried binance, mayne Its time to gibe it a try!

Yep Binance by far the best exchange I saw so far. Tried exchanges like Bittrex, Bitfinex, poloniex etc. But in my opinion binance is way better than the others.

Thanks for the video! Didn't know much about Binance so this was really interesting ;)

I really wish decentralized exchanges would take off a little more... there seems to be some good options "on the surface," but they also seem to lack the liquidity and range of the likes of Poloniex, Bittrex, etc.

I am not sure WHAT can be done to make the decentralized option more "visible," and I also have to wonder if there-- ultimately-- is a trust issue there. Much as we are all busy trading decentralized currencies, when it comes to trading, do wee require (psychologically) a "someone" to be in charge? I don't know so really just throwing another question out there.

Binance is good as far as buying and selling. But an exchange without a stop loss... honestly how can you even open an exchange without one? Too bad. Lots of stuff I'd love to trade on there.

Don't want to spend a lot of money to earn bitcoin? Check the BTC mining contracts on Hashflare.
With the enormous rise in value of bitcoin, their mining contracts have become very profitable! Hashflare contracts are selling out very fast so get in while they're still available.
Register here: https://hashflare.io/r/4C33E54D

Feel free to send me a message if you have any questions.

it sound event promotion. lol

Hey @boxmining! Would you take a look at Xtrabytes? I think it has a bright future and would be great to hear your opinion on it. 👍 Love your videos, they actually made me more interested into the crypto world.

your every video i like..i say that..just a needable..

Thanks for nice information sharing

good content, great presentation. I'm trying to educate as well, raising crypto awareness in east Africa. upvoting goes a very long way for me to make this worth it. thanks!

Thanks for nice information

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 129.08 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

new to cryptos! getting sucked in fast. thanks!

I like to use Bittrex and Binance. Both of these exchanges are great.

Congratulations @boxmining! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published a post every day of the week

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @boxmining, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1297 and the total pending payments to posts in this category was $6398.63. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

I've been trading in Binance since month and found it is trustworthy and better so far than many other exchanges. Hope it will continue offering honest services, which is rare among crypto exchanges.

I like the explanation very much Thanks :)

One of the reasons is because it is the easiest exchange for US residents to purchase IOTA.

I formative and detailed! Thank you @boxmining !

Just started using Binance, doesn't feel as good as Bittrex yet but I reall like the exchange.

I am quite new to steemit and not getting my post visible to the relevant audience and hence it is kinda demotivating for me to go for a new one.

Since I saw you as a generous person and always love to help people, I am suggesting my post here. If you like, please engage and help me grow. If you think, my post deserves some love, please do give; else that is okay

Here I crafted a Beginners Guide to "Dtube" . I hope, this will help others who're starting with @dtube

PS: If sharing my links in posts triggers spam, then please let me know in reply, I will remove it ASAP. (All I want is - to help our community grow)

I set up a Binance account a few days ago. Send a bit of BTC and snagged some alt. Pretty neat platform but I'm not putting too much trust in it. Chinese govt not liking crypto too much so don't want to risk having too much in the exchange. With that being said, though, I'm still playing around with it a ton.

Wonder if you can arbitrage with it? I notice sometimes LTC going wayyyyy lower than what's in Coinbase. Possible to maybe buy low, transfer over for an uptick?