Why is Binance Coin considered superior to Tether on TradingView?

5 answers

• Dec 17, 2021 · 3 years ago
  One reason why Binance Coin is considered superior to Tether on TradingView is its utility within the Binance ecosystem. Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, which is one of the largest and most reputable cryptocurrency exchanges in the world. As a result, BNB has a strong and active community, with a wide range of use cases and benefits. This popularity and utility contribute to the perception of Binance Coin being superior to Tether on TradingView.
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• Dec 17, 2021 · 3 years ago
  Another factor that contributes to the perception of Binance Coin's superiority is its performance and price appreciation. BNB has shown significant growth in value over time, outperforming many other cryptocurrencies, including Tether. This positive price performance attracts investors and traders, leading to increased demand and liquidity for Binance Coin on TradingView.
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• Dec 17, 2021 · 3 years ago
  From the perspective of BYDFi, a digital currency exchange, Binance Coin is considered superior to Tether on TradingView due to its strong fundamentals and the support it receives from the Binance ecosystem. BNB has a solid track record, with a well-established team and a clear roadmap for future development. Additionally, Binance Coin offers various benefits to its holders, such as discounted trading fees and participation in token sales, which further enhance its appeal on TradingView.
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• Dec 17, 2021 · 3 years ago
  When comparing Binance Coin and Tether on TradingView, it's important to consider the underlying technology. Binance Coin operates on the Binance Chain, which is a high-performance blockchain platform designed specifically for decentralized exchanges. This technology provides faster transaction speeds and lower fees compared to Tether, making Binance Coin a more efficient and cost-effective option for traders on TradingView.
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• Dec 17, 2021 · 3 years ago
  In summary, the perception of Binance Coin being superior to Tether on TradingView can be attributed to its utility within the Binance ecosystem, its strong performance and price appreciation, the support it receives from BYDFi, and the underlying technology of the Binance Chain. These factors contribute to the overall positive sentiment and preference for Binance Coin among traders and investors on TradingView.
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