BNB

Cluster_Fluffed

🔴 2015 - You missed $XRP 🔴 2016 - You missed $ETH 🔴 2017 - You missed $ADA 🔴 2018 - You missed $BNB 🔴 2019 - You missed $LINK 🔴 2020 - You missed $DOT 🔴 2021 - You missed $SHIB 🔴 2022 - You missed $GMX 🔴 2023 - You missed $BONK 🟢 In 2024, don't miss $POWSCHE

shanatard

you're arguing that the 900$ million they're accused of laundering over 4 years is somehow responsible for the billions he's made, when the exchange does over 500$ million daily. do you really not get it? CZ made his billions through BNB and the creation of a good exchange. you're just twisting cause/effect

shanatard

he's not a billionaire because he laundered money. The total amount he's accused of laundering doesn't even reach a billion, let alone do you think he just directly puts it into his pocket? he's a billionaire because binance was genuinely a great exchange, and he further capitalized on it with BNB. if the usa didn't "protect" me from binance international, I'd genuinely still be using them to this day

Muttleymutt-Coin

Don't start with memecoins and stay away from new projects. Go to binance, open an acount and buy and hold any of the top 10 on coinmarketcap. BTC, ETH, XRP, BNB, are all worth investing in. Don't buy and sell, don't try trading. Just buy and hold.

TheFlamingoPower

Don't let anyone advise you to buy memes, because it's not a good long-term plan... do your research well, look at the safest options for long-term BTC, ETH, BNB, LINK, OCEAN, and learn about the rest along the way. But first DYOR then invest, that's my advice.

XRP_SPARTAN

Doge/btc chart. Dogecoins is in an uptrend against bitcoin. Literally 99% of altcoins bleed against bitcoin with the exception of doge and ETH. Solana and BNB are also in this list but we need to see if they stand the test of time.

XRP_SPARTAN

The strongest argument to show you why doge is kinda special is the doge/btc chart. Dogecoin is in an uptrend against bitcoin, just check it out if you don’t believe. Most altcoins pump one cycle and then end up performing pathetically compared to Bitcoin, Bitcoin, ETH and doge have stood the test of time. SOL and BNB are also contenders but just don’t have enough historical data on those coins to see if they outperform bitcoin over the long run.

Mattie_Kadlec

Check the deposit options on Coinbase. If they don't have an address for BNB smartchain you will need to use Ethereum

yankeeedooodle

The problem is that you have BNB

XRP_SPARTAN

Not enough data on solana. Only Bitcoin, Eth and dogecoin go up in the long-run. Coins with potential are Solana and BNB, I can’t see any others tho. Most altcoins bleed against Bitcoin in the long-run.

KnowledgeIsPower979

They claim they are going to "Arbitrage" Nevis/BNB for Nevis/USDT pair for a price difference in BNB ?

zooka19

Only saw about switching from BEP2 to BSC last night for my BNB. I have no idea why the notification didn't come up sooner. I still have 4-5 days left to unstake, only 1/4 of my BNB is not staked .

r2pleasent

Every bull run has dips. People take a lot of leverage. When the price goes against them, the longs get destroyed. The dust settles and the market enters a new stage in the cycle. What we learned really well last run is that most coins have no real bottom price beyond zero. There's no fundamental analysis that says a coin must be bought at x price. No assets or cash flows underlying the assets. So at the end of the day, anything outside the top 10 cryptos can easily drop 90%. Prices going up requires very few sellers. The market caps are huge and the real buyers do not have actually have much capital to inject. When panic sets in and people cash out, buyers are easily overwhelmed. In trad fi, if Google goes to 10X PE ratio, there will be a flood of buyers who can be very confident in their decision. They know there is an underlying value. They can confidently deploy huge amounts of capital. The same cannot be said for shitcoins. Outside BTC and ETH, it's mostly a losing game. Maybe Solana and BNB can be included in those blue chips as well. But once you go outside of that, you are in no man's land.

Jeffy_Weffy

Thanks! That explains it. So, the "legit" sites I use like coinmarketcap and coingecko really aren't reviewing these tokens. Since I don't use BNB, this wouldn't have been able to steal anything from me, but you saved me a lot of time trying to figure out how to get BNB, use their chain, and then bridge back to the ETH ecosystem.

Professional-Use9274

Eth better get in gear or Solana and BNB will pass it.

Rog-End-Dev

Yes Eth and Cardano I figured might be in that list. And slow and steady seems to be the principle of both these chains which I hope will be a winning strategy. I didn't know that about Thor Chain and Eric Voorhees though - I will look further into that, thank you. That said, I believe there is still utility in some of the more centralised chains helping bring on develop within the space. Cronos and BNB chain notably having provided a net positive overall.

cryptokingmylo

BNB not far off 0.01 btc

Deuen

BTC is down more than BNB. Useless article.

steevo

I finally bought some BTC and also some BNB (experimenting) at this price!!

Yok_Mu_Beni_Siken

Every coin shits the bed. The news: **Oh my god BNB is down** yeah no shit

coinfeeds-bot

tldr; The price of Binance Coin (BNB) is experiencing volatility as its founder, Changpeng Zhao, awaits sentencing for violating U.S. money laundering laws. Prosecutors are seeking a three-year prison term, arguing that Zhao's actions were egregious and deserve a strong deterrent. Zhao's lawyers requested probation, citing his guilty plea and a $50 million fine already paid. The judge will consider arguments before delivering the sentence today. BNB's price currently stands at $591.9 USDT, reflecting a 1.38% decline. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TheFlamingoPower

My portfolio is over 5 figures in the red, but I'm not worried one bit. Even if the market sinks, stick to the most advanced projects BTC, ETH, BNB, OCEAN, INJ, LINK, etc., and there is no need to worry. Of course only spot, no leverage. All this will come back up much stronger...

TheFlamingoPower

I don't think it's such a big percentage, but most of the tokens are. From my point of view, what I have been holding for years and what has value are BTC, ETH, LINK, OCEAN, BNB... and these newly released coins, especially memes, are 99.9% red flags.

reddragonfront

Anyone onto this BNB one - [https://www.coingecko.com/en/coins/meme-ai-fun](https://www.coingecko.com/en/coins/meme-ai-fun) Well guys MANY of us risk takers sometimes jump in after a shot - not much invested but like many damn it sure shows locked LIQUIDITY and on CMC/CGECKO - is this absolutely a scam or the devs may plan to open sales at around $1 per coin. Comments on CMC are a good up & down read... Yes there's only one wallet selling... New to honey pots so any advice be appreciated!

TabletopThirteen

Sell anything not BTC or ETH. BNB is pretty stable too since they're done with their fud era

-Nothing_Nothing

[BNB Chain](https://twitter.com/BNBCHAIN/status/1699150406214189128) [BNB Greenfield](https://twitter.com/BNBCHAIN/status/1711381003837583845) [DappBay](https://twitter.com/BNBCHAIN/status/1708164807289901108) [Avax](https://twitter.com/Avalanche_Space/status/1691605158952829114) [BSC Daily](https://twitter.com/bsc_daily/status/1730913955051086318) [Space ID](https://twitter.com/SID_bnb/status/1705163537255924148) Here some news but if you take a look yourself you can see much more🔥

Ofulinac

I lend BTC on multiple platforms, put BNB in the vault to get staking rewards and send Moons on the Celer bridge to get around 10% in CELR token quite risk free.

Ofulinac

Just bought some more BTC, BNB and Moons. Now we, stake them, wait, and harvest the easy gains once the time is right.

MemenaSerena

Bitcoin for steady and long term investment; If you are willing to take a bit higher risk then choose Cryptos from many different categories - for example Arweive from storing data on Blockchain, Atom for blockchains connecting other blockchains; Solana for it being cheap for transactions and ecosystem; Exchange coins, Like Binance's BNB, or more new and bigger ROI potential WhiteBIT's WBT and Sushi and Uni from DEX's - as the price will go up while adoption is increasing; Some memecoins for high risk;

cali_dave

BNB is exclusively owned and operated by Binance. They can control every aspect of it. I hold a bit because Binance offers a discount on transaction fees if you use BNB to pay them, but that's about it.

Hopeful-Eggplant7262

No BNB?

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

OkCelebration6408

Looking at how BNB, TON are doing, crypto industry overall way overestimate how much they need the west. Binance is proving to the crypto industry that you can still absolutely thrive without US and Europe. So many projects spending so much time to fight with regulators in the west might eventually put them behind.

rjm101

Is anyone actually using BNB here? I ask because I've had several showstopping bugs mostly with trustwallet that I've tried to help on and the support has been basically non-existent. It's only until I posted on this sub that I made some progress. None of the BNB subs, telegrams or support discords helped. If you go on the BNB telegram as well its just constant marketing posts and no actual community discussion. This makes me wonder whether I should swap my BNB for something else because it doesn't actually feel like its getting any actual use. The only thing stopping me is the fact that it's still #4 by market cap.

ThatInternetGuy

Because you can't the most accepted stablecoins are not on those networks. Sure they might have their own stablecoins, but you would need to be hassled to bridge them across and pay commision fees. Why all the troubles while you can just on BNB or ETH or Matic.

mattymoyanksfan

BNB may take a hit this week pending on how sentencing goes

zooka19

I have some SOL on my Trust Wallet, I wanna convert to BNB and stake. However, the majority of my BNB is staked on the Binance Beacon Chain. I'm guessing I'd have to do some converting of my SOL to get my BNB eventually on the Binance Chain too to stake?

Soil_Electronic

why is nobody talking about BNB token? it's been doing amazing no?

zooka19

I don't have a choice tbh lol, I don't wanna buy more though. Gonna grab some BNB today possibly.

BillFraserColorado

Send me some USDC on " ARBITRUM ONE" chain and I'll send you back some BNB 0xc32e062a6307e395af39e223ee7978707191e9ce

Xylber

LTC or SOL And Monero if you need privacy. Not as good option: something in Binance SMart Chain, BNB or CAKE.

brianddk

I'd stick to the top 20 market cap coins, and entertain layer-2 for BTC and ETH. So coins you could offer: BTC-LN, ETH-Poly, BNB, XRP, DOGE, BCH, LTC

Browniano

Transfer fees are always a multiple of blockchain real costs because CEXs keep moving coins to/from their inner wallets to clients' addresses. One way to avoid this is using coins/tokens with reduced transfer fees such as LTC, BCH, XRP, XLM, EOS or use a different blockchain with reduced costs (e.g.: Polygon, BNB...).

WinthorpStrange

I had a friend tell me about XRP in 2016. I started there and it’s been fun ever since. Many big opportunities have come and gone, BNB chain, Ethereum Defi, and now I see Base Chain as the next big thing.

DreamingTooLong

Avalanche is the cheapest gas fees to move USDC off or on an exchange. Polygon has the most places to send or use USDC. BNB SmartChain has trading pairs with everything listed on binance. Trading pairs with less slippage too. Safepal wallet & Trust Wallet offer bridges between all the chains.

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

Reach_Beyond

I can’t even think of what half those coins you listed are. At least be realistic the ETF would be 50% BTC, 30% ETH, 5% BNB/SOL/XRP/ADA. No one is holding an ETF with your shit bags so heavily weighted. 20% LTC when they are <1% market cap?

Starkey18

Honestly. Everything except BTC and Eth. Solana and BNB are Tier 2 but could shit the bed as well Everything else is just a meme coin to me.

arkon-bot

Summary: - Centralized crypto exchanges saw a $2 trillion surge in trading volumes in Q1, with Binance leading the pack. - Binance's market share reached 49.7% in March with a $1.1 trillion trading volume, despite regulatory challenges. - Bybit and Upbit also experienced significant growth in trading volumes and market share during the first quarter. Positive Sentiment | Objective Presentation | 2min read Assets: $BNB 🤖 *Beep Boop: This message was generated by a Bot.*

Ofulinac

BNB has even pumped lol

R100K-Martin-Lunger

I would put it in BTC, BNB, and SOL for now. However, I would also trade into other coins depending on the market. I believe that diversifying and rebalancing is the safest strategy for this.

imlynn1980

Polygon, OP, SOL, BNB are all not bad. Personally I mostly use Polygon.

rjm101

Trust wallet extension for BNB is a steaming hot pile of 💩 It's been a nightmare just to unstake and now I'm trying to migrate and again there's another bug with the trust wallet extension they clearly want everyone to use. It simply does not work with hardware wallets. Honestly just tempted to dump my BNB because this has been such a poor experience I'm convinced no ones actually using it at least with a hardware wallet otherwise there would be loads of posts about it. Rant over I guess.

CointestMod

#Cosmos Con-Arguments Below is a Cosmos con-argument written by Shippior. > \[Cosmos\](https://www.coingecko.com/en/coins/cosmos-hub) (ATOM) is a Proof-of-Stake (PoS) blockchain. It is the center of the Cosmos networks, including Osmosis, Juno, Secret, Evmos and 50+ other independent L1 chains which are all connected, called Gaia. Something that is not known to many people is that the Binance Chain actually uses the same software as Cosmos and is thus in theory compatible with Gaia. However so far Binance has made the design choice not to enable it as to keep their authority over their BNB chain ATOM uses a Byzantine Fault Tolerance as main consensus in it's \[Tendermint consensus\](https://docs.tendermint.com/v0.34/introduction/what-is-tendermint.html). > > The main strongsuit of Cosmos is the use of \[IBC\](https://ibcprotocol.org/) (Inter-Blockchain Communication). It is a protocol that is integrated in the Tendermint Cosmos SDK that is used to trustlessly communicate between chains. This allows new chains using this SDK to quickly integrate into the entire network and make use of all the capabilities of the other chains. Bridges between different networks have shown to be a weak point in architecture with the \[Nomad hack\](https://halborn.com/the-nomad-bridge-hack-a-deeper-dive/) and the \[Wormhole bridge hack\](https://blog.chainalysis.com/reports/wormhole-hack-february-2022/) as recent examples. Therefore relying on IBC, which essentially are many bridges is a risk. So far it has been closely monitored. Many IBC connections to LUNC where disabled quickly after the crash to limit the number of funds siphoned from the other networks but serious TVL has been lost through the LUNC crash, NOMAD bridge exploit and Crypto.com crash from the Cosmos networks. The network effect does not only share the good things but unfortunately also the bad events. In October it was even reported that a critical issue in the IBC was found after a \[security audit\](https://cointelegraph.com/news/cosmos-co-founder-says-a-major-security-vulnerability-has-been-uncovered-on-ibc). It was quickly patched but one remains to wonder what happens is a critical exploit in IBC is not caught on time. > > Currently Cosmos has no native stablecoins in the network after the Luna crash took UST with it. The main dominance of stablecoins is from USDC through the Axelar bridge. Therefore the dependence on this Axelar bridge is very large. This has led to the call to have a native stablecoin in the Cosmos network. USDC is said to bring a native USDC version to Cosmos in the beginning of 2023. In the man time there have been popping up stablecoins left and right, most of them algorithmic backed. Examples are \[IST\](https://01node.com/ist-the-new-cosmos-stablecoin-built-on-agoric/), \[CMST\](https://blog.comdex.one/introducing-composite-a-collateralized-stablecoin-for-ibc-bc76e15fa2ec) and \[SILK\](https://scrt.network/blog/shade-protocol-silk-privacy-preserving-stablecoin). However the introduction of this many stablecoins have led to fighting over which one is best and has spread the liquidity of these stablecoins thin which make them vulnerable for depegging. > > Governance is an important part of Cosmos, it tries to enable self-governance and sovereignty. Though with the full Governance abilities that Cosmos brings it also brings a lot of infighting. In the Stargate Upgrade the Gravity Dex was envisioned. This was supposed to be the DEX for ATOM. However it was seen by the community as a sponsored DEX from the community pool that was to compete with the already existing DEXs in the Cosmos Hub like Osmosis and Sifchain. This led to the failure of Gravity Dex, which subsequently rebranded as \[Crescent Network\](https://app.crescent.network/). It currently sits at about $7mill Total volume locked (TVL) compared to $150mill TVL on \[Osmosis\](https://info.osmosis.zone/), the most popular DEX in the Cosmos ecosystem. > > Later on there was a lot of discussion around \[proposal #82\](https://www.mintscan.io/cosmos/proposals/82). As the previous roadmap had ended it was time to come to a new roadmap. ATOM 2.0 was the proposal that was pitched during the \[Cosmoverse\](https://cosmoverse.org/), the annual Cosmos conferential. The proposal included new tokenomics for ATOM that would increase the inflation on the short term to decrease it further more in the long term. Jae Kwon, one of the founders of Cosmos, called the proposal \[outright theft\](https://www.coindesk.com/tech/2022/11/11/cosmos-founder-jae-kwon-says-he-is-against-proposed-changes-to-atom-token/) from the community. > > However this leaves ATOM still without much value. Currently the main value ATOM provides is a store of value and it is often used as a criteria for receiving airdrops from newly launched chains but it has been passed left and right by chains that offer more utility than ATOM has. As long as there is no consensus about the new roadmap it is going to be difficult to add value to holding ATOM. Looking at it closely shows that it has little to offer that competitors like Ethereum, Polkadot and Avalanche do not also offer. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find submissions for other topics.

ewhim

Put simply (for me imho), Zhao doesn't get a lot of sympathy from me by pushing greed above principles/operating with a moral compass. There is a reason for KYC compliance procedures in a CEX. I am surprised binance.us is even still allowed to operate. BNB seems to be chugging along just fine either way.

biba8163

From 2020 to the end of 2021, there were over 90 stocks tokenized for trading on BNB/Binance chain and FTX/Solana until the regulators stopped Binance and FTX exit scammed. These included APPL, TSLA, GOOGL, MSFT, etc. No shitcoins or shady exchanges partnered with 90 companies to make this possible. And there was virtually zero interest or liquidity in owning and trading these assets on crypto platforms. The whole point was to shill your exchange and your coin to dummies. https://www.coindesk.com/markets/2020/10/29/ftx-launches-bitcoin-pairs-for-top-stocks-like-amazon-apple-and-tesla/ https://blockworks.co/news/facebook-google-paypal-and-tesla-tokenized-stocks-coming-to-ftx https://bravenewcoin.com/insights/binance-stock-tokens Stop falling for the same shitcoin scam narratives. - Run a shitcoin node on Google/AWS/Azure. Shitcoin partnerned with Microsoft, Google, Amazon. - Some McDonalds franchise in Venezuala accepts shitcoin. Shitcoin partnerred with McDonalds. - Shitcoin pays some company to do POC. Shitcoin partnered with a major bank or financial services company.

biba8163

> Don't be so naive Stop with your scam shilling. From 2020 to the end of 2021, there were over 90 stocks tokenized for trading on BNB/Binance chain and FTX/Solana until the regulators stopped Binance and FTX exit scammed. These included APPL, TSLA, GOOGL, MSFT, etc. Nobody partnered with 90 companies to facilitate this. And there was virtually zero interest or liquidity in owning and trading these assets on crypto platforms. The whole point was to shill your exchange and your coin to dummies. https://www.coindesk.com/markets/2020/10/29/ftx-launches-bitcoin-pairs-for-top-stocks-like-amazon-apple-and-tesla/ https://blockworks.co/news/facebook-google-paypal-and-tesla-tokenized-stocks-coming-to-ftx https://bravenewcoin.com/insights/binance-stock-tokens

biba8163

Scam shills always try to pump dead/dying shitcoins whatever way they can. - BNB/Binance already had 55 stocks available on their exchange and chain. Solana/FTX already had like 90 stocks available on their exchange and chain. These included APPL, GOOGL, TSLA, MSFT, etc. I think regulators blocked Binance and FTX exit scammed. Now, Hedera "partners with Blackrock" is the first to do this...pump it. There was virtually zero interest or liquidity in this in the first place. - ICON and other shitcoins already had Python available as a programming language for their shitcoin smart contracts. Algorand has been spamming itself as the 1st blockchain to have this so it'll moon.

SirFomo

Yes. He paid them with BNB

SirFomo

Did he pay the fine with BNB smartchain?

Shaglock

BNB can be staked on Binance launchpool to earn some free airdrops. So BNB goes up when there’s an upcoming launchpool

btc_clueless

Since its deal with US law enforcement Binance has lost its CEO (CZ) and is on a shorter leash. It's golden days of fat profits might come to a close, so I too am surprised to see BNB doing so well.

c0mbucha

Right, so most of it might actually come from the Binance platform, right. Because they have certain rewards for staking there too and all that. I was more thinking of the bsc chain and pancakeswap, which I think is pretty much stagnating so that did not explain why BNB has been kinda "strong" :)

HarrisonGreen

BNB is backed by Binance, the world's largest crypto exchange by far. Think of BNB as unregulated Binance stock. When crypto goes up, so do the value of crypto companies. But if Binance gets into trouble, or worse, collapses like FTX, so will BNB's price.

c0mbucha

So Solana recovered pretty nicely, but I am even more surprised at BNB still being so strong. Because we had a brief moment where Solana actually overtook BNB to be #4. With Solana this makes sense to me why its growing. Like with all the meme hype and the influx of new users into crypto thru Solana. Why is BNB still so strong?

Imperialtech69

I use Coinbase and buy SOL to send to phantom wallet for SOL meme coins via Jupiter. For BSC coins I buy SOL send it to Binance US and swap it for BNB then send it to trust wallet and use pancakeswap.

Imperialtech69

I use Coinbase and buy SOL to send to phantom wallet for SOL meme coins via Jupiter. For BSC coins I buy SOL send it to Binance US and swap it for BNB then send it to trust wallet and use pancakeswap.

NHLroyrocks

I have already migrated my wallet and delegation to the smart chain so I can’t test for you but my suggestion generally speaking would be to: Disable trust Enable BEW Visit that bnbchain…staking website Disconnect your wallet from the portal Close your browser Open browser Open BEW before even visiting the portal Ensure the only loaded account in BEW is the one that controls your BNB Visit the portal Attach to wallet (BEW) My staking Undelegate Try opening BEW manually if you are not presented with the auto popup to sign a transaction They have started that migration already, not sure if they disabled undelegate on the old chain or not. I have had the most successful with support by visiting the Binance discord and chatting with user: KevinKKK (displays as KevinK)

rob305

Using Trust wallet I see my staked BNB and validator, but when i unstake get the error message "Cannot read properties of undefined (reading 'validatorAddress')" and using the old BNB Chain Wallet when I click on staking it just takes me to [https://www.binance.org/en/staking](https://www.binance.org/en/staking) and i get a 502 error. If i manually go to [https://www.bnbchain.org/en/staking](https://www.bnbchain.org/en/staking) and connect with my wallet it doesnt show any of my staked bnb. after a couple of refreshes it randomly shows but when i click on undelegate nothing happens and it doesnt trigger my bnb chain wallet

rob305

I tried this but I wasnt able to get this to work. Cant unstake with the old BNB wallet or trust wallet. Do you have any other suggestions? More people seem to have this issue as well: [https://community.trustwallet.com/t/i-tried-creating-a-topic/920988/4](https://community.trustwallet.com/t/i-tried-creating-a-topic/920988/4)

MutedFly2034

Why are BNB, SOL, TON, & AVAX left off that list if they are 4, 5, 9, & 12 largest cap-size crypto respectively? It is because for instance SOL’s trx are 75% communication overhead? Wouldn’t the 25% numbers still be large enough to qualify it for the list? What exactly is commuication overhead and why don’t these other coins have a bulk of their trx as that? I saw TRX leads because it is an easy and cheap way to convert to stable coin, if that’s the case and it’s getting flooded with so many trx’s, why isn’t it getting higher fees? Sorry noob to all of this and trying to understand. Thanks in advance!

MemenaSerena

Well, it's because of Halving hype. A lot people wanted to be in the last blocks. For large amounts BTC will be reliable in future, for daily transaction I think we should stick with Altcoins - SOL, XRP, BNB, WBT, USDT

G0DL33

Alts do plenty that BTC doesn't do. The trick is making sure the market wants it. BTC is useless to most people, it's just a number go up machine. I have also been in crypto since 2016, bought plenty of alts that did nothing. Bought Solana and Eth early, made bank on BNB like plenty of multi cycle coins in my wallets are still performing, it's weird how the whole crypto market pumped and dumped in 18 and 20, but you somehow only managed to recognize 2 opportunities between each. Funny, I made like 600% in 20-21off XRP. Thanks for the advice, but I am not expecting much from BTC, maybe BTC defi will work and people will actually use it. Till something changes I am going to keep my exposure to BTC relativly small. The next big thing is hard to find. But if you find it early...

unpopularpuffin9

When there's a gold rush, you don't buy gold. You invest in the company selling shovels. I did the same thing when BNB was 9$, and that paid off. Although I lost it in options trading. Time in the market > timing the market. Albert Einstein: "Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it." I love how the system to set up - to favour compound interest. I get paid out weekly, I can move it to defi, and compound it. Currently, I'm compounding weekly and watching my investment grow so quickly is addicting, frankly. I have a lot of faith in CDC. In a recent interview (Check Kris's twitter) he said they have all the licenses necessary to launch in Korea, one of the hugest markets besides the US. They are build on a solid bedrock of compliance. I've used the help in the app about half a dozen times, and it's been amazing. I saw the proof of reserves, and their behaviour in the bear market. They not only weathered it, they came out STRONG. Plenty of upside potential. It's not a top ten coin yet. Three things I look at when I buy a coin. 1. Do I know the team? 2. What is the utility? Does it have a wallet? Can I stake it? Does it actually work and do what its supposed to do? Is it defi compatible? Is the supply finite? Could I pay for a coffee with it? In all cases, yes. The Visa is the best in the market, for icy, and the defi wallet is fantastic. 3. What's the upside potential? Is it already at ATH, or does it have plenty of room to grow? This will be exciting. Bitcoin is a fun asset, but putting all my capital into a barely top 30 coin is going to make this next year a thrill ride. 2.71.25 There's plenty other reasons, but these are the ones that I factored into my decision. Feel free to tell me I'm stupid, because I probably am. But this'll be a fun year. If there's enough interest, I'll do monthly updates.

Joe-M-4

Congrats on that ETH buy! Hm, now you got me curious on my best buy of the entire experiment, going back to Jan 2018.... Just checked. BNB on Jan 1, 2020 for $13.97 lol

Goldeneyes92

Aaah so everything is against KRW while in the west we trade altcoin vs ETH or BTC or BNB? So that might inflate the number by 4-6 times or so probably. When compared to the west and the dollar.

AQSAHI1

Its about pairing. Almost all main coins are paired to BTC. So if BTC price drops They all drop in USDT pair. Small coin which are on ERC or BSC chain also dependent on ETH or BNB and both these are dependent on BTC. So in essense Whole crypto market moves with BTC.

BullfrogMysterious42

Hey, so I am also insipred by my Reddit username and intend to make a coin out of it. 3 years ago, Reddit gave me this rando AF username BullFrogMysterious and since frogs and bulls are popular these days and part of some narratives, I intend to launch a coin based on my Reddit username. Currently seeking private funding to provide liquidity against pooled token. Sol / USDT or BNB - trying to decide between BSC or Sol for launching the coin. Private degen investors can DM me. Sorry to comment my thing on your post. Apolgies in advance.

coinfeeds-bot

tldr; Binance has launched a new platform called Megadrop, designed to facilitate token launches and provide early access to Web3 projects. This platform merges the methodology of Binance Launchpool with the innovative potential of Web3, allowing users to engage with and invest in new tokens. Users can lock their BNB with Binance Earn and use the Binance Web3 Wallet to complete quests and earn token airdrops. The first project featured on Megadrop is BounceBit (BB), a Bitcoin restaking protocol. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

btcangl

Damn I was in all of them early, except BNB.

biba8163

Alts have all this technology, utility and fundamentals that should drive token demand but **the only hope of price appreciation for shitcoins is that BTC lifts the entire market with a post halvning bull run.** Sure sign that you have been scammed with bullshit narratives, meme tech, fictional utility and scammers who used their reputation for easy money grab through crypto - banks will use our token and buy your bags, load up while it is still cheap, it's going to be The Standard, no point in a stablecoin - peer-reviewed, scientific principles from associate degree holder form Front Range Community College who has never worked a day in his life but learned lessons creating multiple failed crypto projects - Turing Award winner, not a scammer, dumps tokens on you to buy sponsorship endorsements, only gifted 20% of the supply to himself - 10 Million, 20 Million, 50 Million, 100 Millions users downloaded the browser, demand for the token go through the roof, founder invented Javascript, look at the size of his head, he's genius and not a scammer - para-chains will drive demand for token will go through the roof, no the founder is not a pedo, it was just fiction - subnets coming, Snowball protocol, a Cornell professor but poses under subway signs saying "We're all going to make it" is not a moneygrab scammer - decentralized oracles. CCIP ultra-security, only thing the protocol does is centralized shitcoin price feeds but you know in the future crypto can't operate without decentralized oracles - fortune favors the brave, so lock up $40K to get one of our VIP credit cards while we rugpull you, no our founder isn't a scammer, he's only bankrupted like a half a dozen companies - trillions of transactions are coming, carbon-banking will be a reality for billions,Jinping and Macron will taste Blockchain-Verified Beef..ok none of this happened but we did pay $100 Million to verify UFC gloves on the blockchain, so it's not a scam gweilo ...paper hands, you're being too bearish, we're going to go up scammers and bagholders will tell you. The reality is 99% of Alts slowly bleed to death over the long run fooling your with their scam pumps giving the desperate dosages of needed hopium. - Only 2 coins from the top 25 from January 2018 are in profit (BTC, ETH) - Only 6 coins out of 1,500+ coins from January 2018 are in profit (BTC, ETH, BNB, DOGE, LINK, AAVE)

After-Pickle8281

If you visit the CRO sub, I've posted today a photo of a restaurant accepting crypto (ETH, BTC, BNB) and among them, CRO.

KryptoSC

I second this. Most people are too greedy and don't have enough patience to let their investments grow. I knew 1 guy who traded on Binance, bought a few hundred BNB tokens at like $8 so he could get a trading discount, but stopped trading cryptos altogether because he got burnt from the 2018 crypto crash. A few years later he gets an email from Binance saying he needs to move his account, because he's a US citizen only to realize he still had all his BNB tokens valued at $550 each!

Raging_Toddler

Bitcoin, ETH, BNB and LTO (with the DCA out money I have on the side) All are still in profit, and I believe they will get me more more profit on the next leg up. So if I can get some free coins/tokens by buying lower than I sold I am all for it. *refuses to mention other alts, because well... results are bad. Luckily though, bags are small.

Smiling_Jack_

What will be the next L1 to challenge BNB after SOL is done with its run? AVAX perhaps, or something father down the curve?

DebianDog

Any other chain I have used? ETH, Matic, BNB, SOL, LTC, BTC. They all are single operation chains. On ADA if i want to move every coin and NFT in my wallet I can select them all and hit send. RUNE is multi chain but because it has to interact with the other chains it is oly as fast as they are. Are there other chain out there that you can vote with? I mean IDK. but so far ADA is the most efficient chain to use to do a bunch of various things while other chains excel at doing 1 thing well.

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by IAmGiff. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.

FourthStreetx

Odd, I also don't see the ones that did well here. Where is BNB? Sol? DOGE? Is this also cherrypicked some?

apbt-dad

Definitely agree with Doge and BNB. I was swing trading Doge for a pittance back in 2018. I even had tons of free Doge a colleague sent as a tip for good work (as Doge of originally intended). I was too careless to store them safely.

Fukthisite

I got in during 2017, however I didn't buy any bitcoin or eth because I thought I'd missed the boat on that. Stacked a lot of shitcoins instead but I did also stack a shitload of BNB...... but sold it all before they launched the smart chain. 😂

Proof-Astronomer7733

My greatest regret was cross swapping and not bagging when that coin was at ath thinking it should go any higher until it collapsed to let’s say 0.01 while it was $4,- could load up my bank account but was to greedy. Then i invested also during the so called “ICO” hype back in 2018, lost a lot of money by betting on the wrong coins, should have stay with BTC,ETH and BNB, but stupid me. Learned my lessons the hard way and am now only in BTC and ETH, and another one which i am staking against 13% a year, that combination is giving me less stress than all the other coins out there. Now am back in the plus and probably do make a very nice profit at the end of the year, but took me since 2018 to recover.

Smashedavoandbacon

I thought Eth was overvalued at $120 back in 2017. It did actually drop back to $100 during COVID and I didn't buy. My biggest regret is selling dogecoin in 2020 and not buying BNB when it was $15

Xylber

It is easy to pick the winner alts when you have the 2024 calendar. Back then, how do you know which alt is going to survive? Solana didn't exist, Matic and BNB were created that year. You are not thinking like a person in 2017, you are thinking like a person in 2024 traveling back in time.

pink_tshirt

Double red digits on Weekly generally followed by nice green. Double red digits on 1h ... Well not sure. I bought some BTC and BNB. Might as well buy some FTM.

pink_tshirt

Just deployed my stables: 30% BNB and 70% BTC

uncapchad

Coins have a blockchain of their own, while tokens reside on already-existing blockchains. So L1s such as BTC, ETH, ADA, LTC, BNB, SOL, AVAX etc etc are coins of their blockchains. SHIBWIF etc are tokens on SOL. Arbitrum is a side-chain of ETH and it has its own token, ARB.

crypto_dood

to hear your stories it' just sad. my most stupid thing this year was selling SOL (\~USDT 97) and BNB (\~USDT 420) too early.

piggleii

Oh yeah, definitely market manipulation. Can confirm Binance is selling your alts to prop up BNB. Can confirm. /s

bowdenta

What's the best way to swap ETH on coinbase to BSC BNB on chain?

bowdenta

What's the best way to swap ETH on coinbase to BSC BNB on chain?