I think that binance and this entire giant cryptocurrency trading or exchange platform really need to step up on their game because as it sounds now, it seems china is seriously not supporting cryptocurrency and they will do everything possible to frustrate the efforts of those exchanges that they can control.
It is good that binance has a very large capacity which has made it quite very difficult for them to actually control it the way china is controlling Alipay and we chat. These china payment system being supported by china are really making it feel like they are god and we cannot do without them, their days are really numbered and with time, people will shift from using their payment system to using cryptocurrency fully in future.
Topic: Alipay slams Binance with Crypto Ban (Read 221 times)
I believe it was made from Binance CEO to attract more attention. We all know that one day crypto will get mass adopted and even Alipay will use blockchain in the nearest future. But for now, it was a nice try from CZ.
I believe that this is a grand plan of CZ to capture the Chinese cryptocurrency market. Gradually such decisions should be made and I am glad that after this situation a huge number of Chinese residents became interested in Binance. This incident benefited BNB and had a good impact on the price.
they both gained from this stunt if it were a marketing stunt. users who are yet not in crypto but are in alipay must have started asking how to do it and probably the ones in crypto also asks how to buy using alipay. crazy stuff act but remember that they are brothers who could have arrange things better but even so its still a fuckedup stunt.
Why am I not surprised? It is China, isn't it?
It is more like it is Cz, is not it? Remember when Binance was hacked and then Cz was talking about reorg?
China always remains the same, they are banning cryptocurrency and any transactions related to it from the start. But this guy kept doing this, this is expected to happen.
If there's someone to blame it's definitely CZ for making such mistakes and the following explanation literally doing nothing other than self justify or making an excuse although I'm against such idea of prohibiting buying btc.
Mass adoption dont happen heh
This is not a great move by Binance. They should ask their CEO to be more professional. How could a top exchange do like that? if it was a marketing stunt then it was a poor choice. it's like doing something awful to get in media. I don't recommend it at all. Binance behavior this year was very untrustworthy. (Scrolling back the block) Yet they come up with another false hope. This may help them get more attention from Chinese people but would anyone with real money (Mean serious amount of cash) will be able to trust an exchange in which CEO tweets false news? In my opinion, Alipay did the right thing and Binance was somewhat in bad situation after getting slapped like that publicly. It's like Justin sun from ton making an announcement without having anything in the back. I think it's time for Binance to ask their CEO to be more professional otherwise it would hurt the exchange in the long run. They should come up with new marketing ideas instead of this.
Surely that was a wrong move from CZ. Alipay and Wechat are already being used for P2P crypto trading in China and the binance's involvement would further make it difficult as the platforms would start seriously looking into suspicious transactions and make it more difficult to trade P2P with alipay and wechat.
This is not a great move by Binance. They should ask their CEO to be more professional. How could a top exchange do like that? if it was a marketing stunt then it was a poor choice. it's like doing something awful to get in media. I don't recommend it at all. Binance behavior this year was very untrustworthy. (Scrolling back the block) Yet they come up with another false hope. This may help them get more attention from Chinese people but would anyone with real money (Mean serious amount of cash) will be able to trust an exchange in which CEO tweets false news? In my opinion, Alipay did the right thing and Binance was somewhat in bad situation after getting slapped like that publicly. It's like Justin sun from ton making an announcement without having anything in the back. I think it's time for Binance to ask their CEO to be more professional otherwise it would hurt the exchange in the long run. They should come up with new marketing ideas instead of this.
Actually it was a silly move form CZ tweeting that with just" YES ", that was plain misleading & jut kin of black hat marketing of his Binance.
AliPay did great by responding to him the same exact way " No, You Can Not ". We ll know China is making it really hard for crytos. AliPay just made that plain clear & direct " No, You Can Not " just to avoid the complications of that adolescent CZ Binance tweet.
This reminds me of CZ once (no so long) when he said " Buy BNB, good news are coming" (when he was referring to that lending program of Binance)
AliPay did great by responding to him the same exact way " No, You Can Not ". We ll know China is making it really hard for crytos. AliPay just made that plain clear & direct " No, You Can Not " just to avoid the complications of that adolescent CZ Binance tweet.
This reminds me of CZ once (no so long) when he said " Buy BNB, good news are coming" (when he was referring to that lending program of Binance)
This is just another marketing stunt from CZ and Binance. They knew very well that Alipay and WeChat will come out with guns blazing once they found out about the wrong information. It's done in bad taste but it was still effective. Now many Alipay and WeChat followers know about Binance platform in China.
I like your theory, dirty PR works very well. According to statistics, people are more interested in all sorts of scandals and incidents than good news. The conflict between Binance and Chinese payment aggregators has definitely drawn people's attention to the cryptocurrency exchange. People will find a way to buy Bitcoins on Binance and without Alipay and Wechat. Why am I not surprised? It is China, isn't it?
It is more like it is Cz, is not it? Remember when Binance was hacked and then Cz was talking about reorg?
China always remains the same, they are banning cryptocurrency and any transactions related to it from the start. But this guy kept doing this, this is expected to happen.
A whole mess, this is what I can call this, absolutely senseless!
This development is all very much seems like Binance trying to get cheap attention...
Why am I not surprised? It is China, isn't it?
Great! Alipay is on the right side by making this move!!!
Binance is a confused party, directionless lot!
Well, I have never had any positive experience with Binance so I do not care. And they are not something I even want to talk bout!
That's interesting. they say the Chinese prefer usdt than bitcoin.
I understand that this is also a cryptocurrency, but most likely alipay, wechat only track transactions in popular cryptocurrencies.
And no one prevents the Chinese from using the same usdt for trading on the stock exchange Binance.
I understand that this is also a cryptocurrency, but most likely alipay, wechat only track transactions in popular cryptocurrencies.
And no one prevents the Chinese from using the same usdt for trading on the stock exchange Binance.
This is just another marketing stunt from CZ and Binance. They knew very well that Alipay and WeChat will come out with guns blazing once they found out about the wrong information. It's done in bad taste but it was still effective. Now many Alipay and WeChat followers know about Binance platform in China.
Good, this is the right step in the right direction!
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