Binance are post peak at this point and are just milking users.
Look at the leveraged tokens bullshit, then the FTX tokens were pulled and Binance own branded leverage tokens were listed (for full ownership of all the fees). Binance options are just a huge cash grab, as anyone that actually trades options. You cant sell options, only buy from Binance at a price set by the exchange.
The idea that BNB is a "share" in Binance is a pure meme, not found in reality at all.
$400m out the door for coinmarketcap.com - what do you suppose the upside for BNB holders is going to be from that acquisition? Protip: checkout coinmarketcap.com traffic metrics on Similarweb - not going well is it?
The main utility of BNB really is using it to pay the ~1500 employees of the company, who then dump it on the exchange for BTC or USDT - on retail moonboys like yourselves.
Jayden Morris
>(You) There's no real need to argue with a shitskin who seriously claimed that a 12 cent mumbai shitcoin (launched on binance) is better than bnb.
Easton Richardson
its all good but why would the binance visa card be a failure?
Jace James
Cope and seethe harder.
Xavier Evans
I never said its "better" than BNB. Far from it.
Try reading the post again.
Evan Carter
By the way, just to piss on your useless fud: No one knows how the entire crypto market is going to evolve in the next 2 months, in the next years, and FOR SURE you don't, fucking subhuman pakistan loo shitter.
What we know for sure, is that no matter how the crypto market will evolve, Binance will be there. They're steps ahead to every single shitcoin now in the market, and they're constantly innovating their exchange and launching new things. Of course bnb will be there too.
Crypto.com offer a card with ~5% cashback already in al of Europe, most of the US, Hong Kong and Singapore.
Coinbase already have a card in the UK, which is fully regulated and licensed, and is basically a fucking failure.
Elijah Miller
damn you're right the coin they've been dumping on me for years now have made me literally more than 2000% and who tf cares if it turns out to be a meme fucking dogecoin is in the top 30 and no, bnb as a "share" can never be a pure meme as you claim when bull runs happen and they learn about the biggest exchange, new money will buy its share, it won't matter to them if it has actual utility or not
Dominic Reed
>Give me one valid good reason to hold BNB other than "I will sell it for more money later". Give me one valid good reason to hold *any shitcoin, incuding BTC* other than "i will sell it for more money later".
Easton Young
>they're constantly innovating their exchange and launching new things.
Lol. "innovating"
Like we innovated the mining pool we launched (copied from Huobi) Or the Quarterly delivered futures (launched yesterday) - Copied from Bitmex, and Okex, and Huobi. Or the Card product (copied from crypto.com and Coinbase) Or Binance Cloud (Copied from Huobi)
Aside from that we just acquire companies, really in a shitty way too.
