Binance compared to other Crypto Exchange.

gamer41566

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Quote from: gamer4156 on December 28, 2020, 09:53:27 AM

I think individuals pick binance as their trade since binance permits individuals not to confirm their record, however they just cutoff the withdrawal reserves. Binance is an extremely mainstream trade currently contrasted with Bittrex. Binance trade has been proactive to numerous issues encompassing their digital money trade and this gave them edge over different counterparts in the business.

Pm me please so I can get back control of my bitcointalk.org account. Thanks

gamer4156

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I think individuals pick binance as their trade since binance permits individuals not to confirm their record, however they just cutoff the withdrawal reserves. Binance is an extremely mainstream trade currently contrasted with Bittrex. Binance trade has been proactive to numerous issues encompassing their digital money trade and this gave them edge over different counterparts in the business.

risatrakib

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SquidCoin.cash

Compared to other Crypto Exchange Binance is doing really well day by day in very little period of time . Binance is undoubtedly the leading Cryptocurrency Exchange and offers great fees and awesome digital currency support. Binance has continued to innovate, bringing new products to market and new options for purchasing and trading cryptocurrencies to all corners of the globe.

JooBra

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Quote from: doomloop on December 02, 2020, 12:23:12 AM

Probably the biggest difference is the true volume and people do not realize the importance of it and why many still use binance even with that many competition. When you are a real trader and you spend some time in all other exchanges you realize that all the trading volume listed there are fake and there are many coins that basically have a lot of volume bots that only trade within the spread very very quickly so that it looks like there is volume in there but in reality there is nearly none.

I have seen coins with 20-30 thousand dollars daily volume with nearly none in real life, probably under a thousand dollars in reality. So, what binance has and others do not have is the true volume which is definitely more valuable to any trader than anything else.

Over the years binance proved why it is the best. They had a lot of problems in past and dealing with them like they did it made them the best and why people trust them.

fortebettor

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@pankowri Why do you think so?

doomloop

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Probably the biggest difference is the true volume and people do not realize the importance of it and why many still use binance even with that many competition. When you are a real trader and you spend some time in all other exchanges you realize that all the trading volume listed there are fake and there are many coins that basically have a lot of volume bots that only trade within the spread very very quickly so that it looks like there is volume in there but in reality there is nearly none.

I have seen coins with 20-30 thousand dollars daily volume with nearly none in real life, probably under a thousand dollars in reality. So, what binance has and others do not have is the true volume which is definitely more valuable to any trader than anything else.

Pamadar

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Quote from: Om.monata on November 30, 2020, 10:04:31 PM

Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.

Binance adjust to what traders and investors needed.

They allow lots of service offers where bittrex and poloniex ain't able to give, with those survived hacking incidences where
clients funds are securely being provided back, Binance gained more trust and received more end users to trust the platform
and until now they are enjoying the top spot.

globalpain

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The OGz Club

If according to exchange volume, Binance has the right to be in the first position, and second is Huobi Global,
of course Huobi Global is a competitor to Binance, then there are Coinbase Pro and EtroroX in terms of web traffic,
you can see these comparisons clearly on Coinmarketcap https: / /coinmarketcap.com/rankings/exchanges/.

Timmzzy

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SOL.BIOKRIPT.COM

Quote from: Om.monata on November 30, 2020, 10:04:31 PM

Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.

When you said STABLE what exactly are you in pointing at I think I should have a clue about this. I my self came to enjoy BINANCE better for the amazing features

XZERO1

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Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

Your opinion to how you see binance and bittrex in the next generation are welcomed.

Bittrex should not be even in the comparison to begin with, they have shady business practices and just like HitBTC they could just freeze your funds for made up reasons and refuse withdrawal and ask you for KYC verification, Binance on the other hand has been doing way better and even though they had their mistakes like that leaked KYC incident, they show at least some potential and put real effort to make themselves better and I'd say they had the most stability in all aspects among crypto exchanges, the real comparison should be between Binance and Kucoin and in that case I could say they are really close to each other, I'd still prefer Binance because of better trading interface but over all they're pretty close in the competition and that's a fair comparison.

Oneandpure

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I think this the way how to make investor interested with some exchange market, right now not only for listing new coin on spot market to make investor wanna trade on some exchange market, the investor looking for which one exchange market have unique way from the other exchange like have available for lending and future trading for investor, after adopting by Binance many exchange market right now available for trade with future and not only spot trading become the way to earn profit, but now they have many option how to get profit on exchange market by trading future.

Salauddin1994

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I prefer binance to invest its reliability is much higher than other sites therefore the demand for binance in the field of exchange is increasing day by day while other exchange sites are good for investing they are not supported everywhere so traders will have to go through a lot of trouble for the exchange. binance enables everywhere and is safer for small to large capital investments. The first choice for the exchange is binance and at the top of the competition.

Om.monata

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Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.

Issa56

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It has not been long have been been in Cryptocurrency but from the little experience am having I think binance is really growing and I really prefer binance to other exchange due to there security and other things like that.

bitcoin31

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I'm not using bittres anymore over last few years ago when I knew binance I started to transfer all my coins there because this exchange build trust that my money of coin is safe and I really like it because until now I did not lose any money to Binance and I really like to trade it more and for sure most of us are using this trading sites because it's top 1 and trusted compared to the others who is not safe because they are new and a lot of bad feedback.

jerry0

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If you are trading altcoins, isn't binance number one no matter what?

pankowri

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$CYBERCASH METAVERSE

Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

I have been into crypto-currency for a long time now, probably I understand a few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well, let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and finance is really paving waves than Bittrex Exchange if am not mistaking.

Your opinion of how you see binance and bittrex in the next generation is welcomed.

You are comparing Binance and Bittrex in terms of finance. I am a long time user of both exchanges and got several profits from them for making successful trades.

For Bittrex, I got some bugs and they take more time to fix it. In this case, Binance is more active to fix its bugs asap.

We mostly got a high volume in Binance exchange but it rarely can be seen on Bittrex. But both are reliable, trustworthy to me.

Comparing to other exchanges, both are good and easy to use. The interface of both exchanges is user friendly in their own way.

DarkDays

legendary

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Quote from: Timmzzy on July 09, 2020, 04:34:34 PM

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

First of all, crypto exchanges have revolutionised the way people trade their crypto assets.
The more the crypto space expanded the more there became a need to build an exchange platform that can enlist as many of the coins and provide the best possible rates for their customers.
To this date, there are several competing exchanges which many people use regularly, including Binance and Bittrex, among others.

Secondly, there has been a while now since Binance has 'supposedly' become the No. 1 crypto exchange, and for good reasons too. Below gives you a quick glance at Binance vs other crypto exchanges and how these compare together.

Quote

Your opinion to how you see binance and bittrex in the next generation are welcomed.

Lastly, the way I see it Binance still holds the advantage simply because it is ahead of Bittrex and other alike, but the question is how long can it sustain it and what will the next projects be Huh

Guess only time will tell...

Sam-Os

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Bittrex is a has been. I'll tell you how Bittrex lost to Binance. It was because of Antshares (now called Neo). Around late Q2 early Q3 2017 Antshares was the hottest Altcoin and the BTC/Ant pair consistently had the highest volume on Bittrex. Bittrex did not give users their Antcoin (now called Gas) generated from holding Antshares and charged users 1 Ant for withdrawals. Binance came around and gave users their Gas and charge 0 withdrawal fees, a massive amount of Antshares community left Bittex and went to Binance which turned out to be a better exchange in general, the rest is history.

risatrakib

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SquidCoin.cash

Binance is doing really well compared to other good exchangers like Bittrex,Kucoin,Coinbase Pro. Binance will become more powerful & popular in the next generation. Though bittrex came into the crypto world before binance but binance is now more popular than Bittrex.

Topic: Binance compared to other Crypto Exchange. (Read 1287 times)