I don't have a Binance stake unfortunately, but Binance is the 800 pound gorilla in Cefi. No other exchanges come close. Bitmex/Deribit has it's place, but for traditional exchanges the top dog is Binance and has been since 2018. Don't be shocked if BNB goes multiples from here.
Coinbase IPO is being valued at $70B+ and could go $100B in this stock market environment Binance already had an IPO in the form of BNB I bought my share of the Binance BNB at about $125 each. Had to overcome my idiocy of not buying it at $1 in 2018 Binance of today is much different than the Binance of years ago, they have DEX, launchpad, Defi, Binance Smart chain, staking for BNB and other coins, cross chain interoperabilities, tokenized assets, etc And it keeps growing.... Excuse the extreme Binance pump/shill but this guy explains it much better than me
BNB Defi projects are on fire! https://elitetrader.com/et/threads/defi-going-bankless.349553/page-10#post-5327076 Started acquiring BNB on 2/12 in the low $130's, qty a little over 500 coins, acquired additional 556 BNB tokens on 2/16 when price was mid $120's, have a total of 1058 BNB's Just hodling now, no plans to trade... There was emotional struggle of paying over 6 figures $ for that much BNB's when I could have paid about $1000 for it a few years ago. The struggle is not too difficult now since BNB has gone up a lot in value in less than a week
How do you know you are not just fomo'ing into the trade and BNB is likely to underperform ETH going forward? I mean, its BNB is super popular right now, its parabolic. It might rise in fiat but could tank in ETH terms. If I got in BNB cheap (I didnt and dont own any) I would think right now is a good place to cash out a chunk and convert to ETH
BNB is solid and not vaporware, ETH's been growing increasingly comfortable and not rolling out projects on a timely fashion, it's leaving itself unguarded.