Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
The explanation for this is because Binance has a large number of traders, and some traders believe that if a coin is listed on Binance, it has gone through a lot and has a large number of traders. One of the requirements for being listed on Binance is to have a large number of hodlers and a large market cap.
If you look up the top exchanges, you'll notice that Binance is the most common, even in the United States and Asia, where we use it. Binance has a low trading cost, which is what traders want and why it's so popular, with many coin developers listing their coins on the platform. Check the pros and cons of Binance here:
https://www.investopedia.com/best-crypto-exchanges-5071855