MultiversX Tracker is Live!

Move your NANO off of Binance, please

Binance

Cryptocoins Exchanges / Binance 213 Views

If you have nano on Binance and have no interest on using it for trading, i ask you please to move it on your wallet and delegate it there. Binance has 29.5% of the total Nano supply and it just needs 3% more and it can virtually lock all transactions (if they wanted to) since NANO needs 67% Quorum to validate transactions. I obviously don’t think they will do that because the reputation loss would offset the damage done but holding your NANO on binance doesn’t benefit NANO centralization nor yourself, because a centralized coin won’t look as tasty as a decentralized one, it gives too much power to a single node, and in this case Binance node. A good wallet is Natrium. Thanks for your time.

submitted by /u/Cookiesnap
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments