Imagine a world where Tesla is about to reveal their Roadster. (V1). But like a month before, Audi announces their first electric sportscar.
That means that Tesla would have some catching up to do. A lot catching up…But the advantage of Tesla was, that they could build a user-base before any other established car company started to build good electric cars.
So yes, competition is good, if you are already established in the market. But Nex is not.
Well done to them. It seems they plan to have different platforms for different products which I’m not sure is the best approach. Whereas with Nex, it will all be in the same place, on one website.
Still early days for Nex but in time we will see how it plays out. I’m fully confident.
yeah i agree with Oldsport, this kind of stuff fm Binance is good for the whole crypto eco-system…with all the momentum coming from Binance [and soon Nex!] it will make a big diff…its all coming together!
Of course it’s not pleasant for us to hear. I’d rather read that NEX is launching today with multiple awesome features.
However I’m happy to know where the competition stands. And I’m still convinced NEX will do much better, as it will integrate all those services in one platform, which is moreover a DEX (unlike what Binance just released).
And when I say healthy I mean token price growth will be more sustainable knowing what the biggest competitors have to offer.
In the long run NEX will be better and will have more functions, more specifications than Binance. NEX is going to take a whole payment system from a lot of company’s. Like the payment system of Netflix.
Binance as always shows how greedy they are.
Its the same with listing fees…they are just greedy, they dont think about the users or the technology or how to advance it.
They just want money
I saw this image passing by regarding EUR; supposedly from binance.je. Is this true? It’s different from @canesin’s post.
It’s really a lot, you seem to be setting the fee percentage yourself, depending on the size of your withdrawal/deposit.