Binance compared to other Crypto Exchange. - page 3.

coinfinger

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Quote from: Xxmodded on July 27, 2020, 12:38:47 AM

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.

Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.

Xxmodded

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SOL.BIOKRIPT.COM

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.

diskodasa

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Quote from: Spaffin on July 23, 2020, 08:17:53 AM

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

Binance almost dominated this whole market and recently they entered a lot of other areas that surprised me a bit.

Truly this exchange is making more people aware of the existence of this market and no other company can compare to Binance during this time. In addition, Binance always listens to the opinions of investors here and always updates what investors need to match the current situation.

Mrengage

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Quote from: Sebas.tian on July 23, 2020, 07:23:38 AM

Though, the only cryptocurrency exchange which stood ahead of binance was Bittrex backed in 2017, but, "how are the mighty falling" to become the average?. Without iota of doubts, Binance is the world leading cryptocurrency exchange, this could lead to market monopoly if not check now. This cryptocurrency exchange has what I need for trading and investing into any of my choosing coins in the market.

It's probably the pick to every newbies who just got to know the Market newly it's just like a random clothes where if a celebrity gets to wear it every other individuals will what to get that particular clothes with a high price tag attached to it and without minding. So that's how it goes for binance.

grizmoblust

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Quote from: chip1994 on July 23, 2020, 09:05:44 AM

Quote from: Timmzzy on July 09, 2020, 05:34:34 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.

In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.

I also see that and really Bittrex is not much changed compared to before and so many legal issues when trading here makes me feel a bit uncomfortable when trading. In addition, Bittrex does not have any new strategies to attract more investors and that is why the liquidity of this exchange is very bad in the last 2 years. Currently, many exchanges like Binance, Okex or Kucoin are more interesting options instead of choosing Bittrex.

kkofor

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Quote from: ?? on ??

Cz Binance is really doing an awesome job in improving binance exchange, I remember when bittrex was the leading exchange then, I think bittrex caused their downfall by their self, first there is no improvement from the exchange and secondly they delisted lots of coin back then.

Binance exchange is creating more room for development, lots of countries can buy their token $btc, $bnb and some other coins directly from the exchange, to me this is really a great improvement, adoption at its peak and very easy to use, lots of people have been scammed buying btc from third parties and here comes the most convenient way from Binance, so who's gonna use bittrex

Binance has absolute dominance in the crypto market and the company is adding more areas so it is likely that we will hear more about Binance in the near future. Most recently Binance has issued payment cards in Europe and this makes Binance's reputation more and more known. Of course, I also feel satisfied with the service at this exchange because since trading here I have never felt nervous.

Mpamaegbu

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Quote from: Timmzzy on July 09, 2020, 05:34:34 PM

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

Your comparison of Binance and Bittrex is really a handicap match, for me. There was a time when Bittrex held sway as a leading exchange. And that time it was with Poloniex and a few others which are now taking a back seat. But at the moment Bittrex isn't a match for Binance. Check the daily trading volumes on both exchanges and you can only observe the difference. I will rather trade on Binance than Bittrex.

Synaesthesia

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Quote from: chip1994 on July 23, 2020, 09:05:44 AM

Quote from: Timmzzy on July 09, 2020, 05:34:34 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.

In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.

Bittrex had a glorious past and during that time exchanges like Bittrex or Poloniex were one of the most successful exchanges and attracted a lot of participants. However, because there were no changes, investors felt very bored when trading here and that was when Binance appeared, making millions of investors feel more excited. In just 3 years, Binance has become the number one exchange in this market and no exchange is comparable.

ashmodeus

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well, cant be compared with other CEX exchange for now,i am really sure about what i am talking.The only one thing which we cant see from other CEX exchange is they always creating a new movement/features/idea which it bring positive review from crypto maniac.The simple words is we can see any other CEX exchange is like yahoo,but binance is google. they even dare buying another cex exchange which they thing it may bring good opportunity on the future.

el kaka22

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They have reached this point with something incredible that I couldn't see it happening but somehow did happen. They both offered affiliate marketers 50% (at first) commissions for everyone they bring, and since it was a decent enough place that meant people all around the world pasted their links everywhere, this caused people to come.

But, also they dropped the trading fee 50% if the user picked BNB to pay as well. So, they did offered money to affiliate marketers but also dropped their income so I would assume it may have not worked but it worked pretty well. When you make it exchange such a place that people feel like they are part of the team you are actually making sure that more and more people would come and become a big family, that was their success.

chip1994

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HEX: Longer pays better

Quote from: Timmzzy on July 09, 2020, 05:34:34 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.

In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.

Restmand

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Quote from: Timmzzy on July 09, 2020, 05:34:34 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.

For me I would prefer to trade on binance since it is very user's friendly, lots of volume of traders are on this site that is why this is good to trade on. Binance for me also easy to use and very informative, has many promotions to traders that can add income to them. Bittrex on the other hand is also good but I would love to trade on binance maybe because most of my friends are trading on it.

rodskee

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Quote from: Spaffin on July 23, 2020, 08:17:53 AM

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot.

Binance already excel from those top exchange that was once popular back then.

Quote from: Spaffin on July 23, 2020, 08:17:53 AM

In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds.

It's allowed you to transact and not to worry about your fund once
you need to withdraw your money.
Option is there if you want to transact larger amount of money, processing
KYC if you need to transact with huge amount.

Quote from: Spaffin on July 23, 2020, 08:17:53 AM

But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

Binance already have insurance, they've been hacked before and they bring
or assures traders to keep their assets.

semobo

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Quote from: Spaffin on July 23, 2020, 08:17:53 AM

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

Not several years, it has been only three years they exists but they had become very reputed in one year itself especially at the time of 2017 bull run.Binance giving different withdrawal limits for KYC verified so people still use to trade in small amount without getting verified which is also one of their reason to get more success because nowadays most exchanges made KYC as mandatory to trade their.

Spaffin

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In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

sandos

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Quote from: rexxarofmoknathal on July 21, 2020, 05:26:06 PM

Binance is definitely one of the best platforms in my experience. It's got a huge range of different feature to use, beyond just simple trading, like staking, saving, and trading competitions.

I'd definitely like to see them get involved in the defi lending space though. I wouldn't be surprised if they dont launch their own DeFi Dapp soon, the same goes for Tron too since they're always jumping on the bandwagon for new trends.

Binance is always aware of the current market situation and it is certain that in August they will launch a Defi project and this project will definitely be a project that you should not ignore because the opportunity to earn huge profits is very high. I feel very safe to choose to participate in this exchange because until now this exchange is still the number one in this market and no exchange can compare.

Sebas.tian

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Though, the only cryptocurrency exchange which stood ahead of binance was Bittrex backed in 2017, but, "how are the mighty falling" to become the average?. Without iota of doubts, Binance is the world leading cryptocurrency exchange, this could lead to market monopoly if not check now. This cryptocurrency exchange has what I need for trading and investing into any of my choosing coins in the market.

Anonylz

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Quote from: barbara44 on July 22, 2020, 02:13:21 PM

Quote from: Zemomtum on July 18, 2020, 07:52:53 PM

Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat

Bittrex also does not understand the problem of their traders as I had a issue where I mistakenly deposited waves platform bitcoins into their address and when I asked them please can they help me out then they just denied me and told me there was no way to recover it. I know it is my fault but a true exchange should listen to it's members.

I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.

Exactly bro, the feeling of trading on Binance is not comparable to other exchanges, Binance customer care are always ready to take care of all your needs no matter how complicated they might appear to be,
Once upon a time bittrex was my favourite exchange but since the time they had a change of interface, I was no longer enjoying being around that exchange, to me bittrex fell from top to bottom,
Binance on the other hand work their way up so carefully, from bottom to top with a gap far ahead from the rest, do we still wonder why Binance is at the top on cmc! Everyone can agree they deserve it.

chaser15

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Quote from: barbara44 on July 22, 2020, 02:13:21 PM

I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.

I second. Trading in Binance makes me feel safe and secure. I know the risks of using a third-party service but the way Binance built their reputation, I don't see any reason why they shouldn't sustain their good and best reputation in the crypto world.

Also user friendly as anyone can deposit and withdraw without undergoing a full KYC unless we care for account limits.

I will only use Bittrex if, by any chance, I've wanted to swing on a coin or token that only listed there.

barbara44

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Quote from: Zemomtum on July 18, 2020, 07:52:53 PM

Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat

Bittrex also does not understand the problem of their traders as I had a issue where I mistakenly deposited waves platform bitcoins into their address and when I asked them please can they help me out then they just denied me and told me there was no way to recover it. I know it is my fault but a true exchange should listen to it's members.

I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.

Topic: Binance compared to other Crypto Exchange. - page 3. (Read 1254 times)