Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
Baralytics
--・216 views
#HotTrends Reflections: There are those coins whose value is much more than what their price says... Such coins are those of utility and governance tokens. #BNB token is such coin. The value of BNB in #Binance ecosystem is priceless no matter if it's price is 1 USDT or 1000 USDT. Because the utility of BNB by having it in Binance is priceless. Therefore, hold and hoard and love BNB if you're to stay in Binance. Think it like a life belt for Binance. Besides, it will be your "get outta jail free" card if things go wrong. Utility tokens are meant for utility, don't use them trading. They are more valuable by having it. #TrendingTopic

#HotTrends

Reflections:

There are those coins whose value is much more than what their price says...

Such coins are those of utility and governance tokens.

#BNB token is such coin.

The value of BNB in #Binance ecosystem is priceless no matter if it's price is 1 USDT or 1000 USDT. Because the utility of BNB by having it in Binance is priceless.

Therefore, hold and hoard and love BNB if you're to stay in Binance.

Think it like a life belt for Binance.

Besides, it will be your "get outta jail free" card if things go wrong.

Utility tokens are meant for utility, don't use them trading.

They are more valuable by having it.

#TrendingTopic

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
Baralytics
@baralytics

Explore More From Creator

#Notcoin👀🔥 #BinanceLaunchpool NOT has recovered back to it's listing price range. Remarkable, isn't it? It's resistance is still staying strong at 0.0135 USDT. However, it is apparent that there's a strong push for it.
--
#notcoin #Launchpool‬ I don't have much BNB, actually it's very low... What I gain from launchpool was 94.78 notcoin... Very funny. At the start of listing, that 94.78 notcoin was priced at 1.1 USDT... So no trading, since it's lower than 5 USDT volume. I convert it to BNB and that's it. Still, it was a nice move considering the current price. Listen to me... You'll only secure your profit if you sell or convert them at the moment of listing. Otherwise, you'll be stick with dead coins. There's no free lunch. #BinanceLaunchpool
--
#BinanceLaunchPool🔥 and #OMNILAUNCHPOOL Since I got very limited amount of OMNI at the end of farming, I opt to convert what I got into USDT to secure at least some margin. Now, as we see it struggles to come back into it's opening price range. I find it more plausible to sell or at least convert assets farmed from #Lauchpool to stablecoins at their opening price to secure profits. More often than not, you won't be able to reach into it's opening price. Only rarely, you can profit more by holding the assests. As a side note, DO NOT invest in anything at the time of their listing. Wait for the golden 7 days if you intent to invest in. #OMNICOIN
--
#BinanceLaunchpool #Memecoins #BullorBear and whatever... Ok, topics are for the visibility. I have a very serious message, read on... You see the all red in the market. Well, this is no ordinary market crash limited to weekend. You know what is really bad for markets? It's war. And, war is actually going on... The escalated conflict between warmongering nations that you know generates a serious insecurity for the whole market. You should be aware of it by now. Investors hate the economic instability caused by wars, and opt to secure their funds by transitioning from volatile coins to stablecoins or to fiat directly. This creates a serious increase in circulation and causes significant drops in value. I believe there's an apparent insecurity in the whole market, which can get worse in the following days. As always, small investors and small traders will lose too much. Because there are no opportunities. God, we don't need wars. I hope we don't have to see another global conflict because of petty politics. Be very safe and stay away from trading. Liquidation is the reality now.
--
Do you know why the reward allocation percentage is higher for staking BNB is higher in #Launchpool‬ ? Yes, more people have it and it's more valuable. Then, why there is the option for staking #FDUSD in launchpool? To make people to buy FDUSD to participate in the remaining reward pool. Why FDUSD? Why not #USDT or #USDC ? Because Binance wants to earn more. #BUSD was something that can be called as the stablecoin of Binance. This is not the case for FDUSD. By investing in FDUSD and holding it, you are only working to the profit of Binance. This is wrong for a CEX that has it's own utility token. This is fundamentally against the concept of having a utility token. Do you think Binance is fair and just?
--

Latest News

ZkSync Developers Announce Completion of v24 Version Update
--
Bitcoin Breakthrough Could Trigger Massive Liquidation, Paving Way for Historic Highs
--
Ronin Chain Announces Data Analysis Dashboard Release
--
Whales Market Announces Launch of KiloEx, Lista DAO, and Kinza Finance on its Points Market
--
Elliott Management Acquires Significant Stake in SoftBank Group, Pushes for $15 Billion Buyback
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie