Bittrex dropped the ball when they kept adding and delisting shitcoins each week. They didn't care if it was a scam or not. This is the period when Poloniex became number one with their careful additions. And then Poloniex introduced margin trading. It made them solidly at number one.
However, Poloniex suddenly ran into customer related problems - piling withdrawal problems. People were scared of an exit scam in the making. This was the time Binance stepped in and took away the trading volume and became the number one. Poloniex was then sold for unknown reasons, maybe to avoid exit scamming remaining users.
Topic: Binance compared to other Crypto Exchange. - page 6. (Read 1287 times)
It is people's choice its either Binance, Bittrex, or other exchanges and that is certainly based on where they become comfortable with. It may be the majority of the traders who will choose Binance because of popularity, market volume, and as well as the security leads to it ( well, that is comforting).
Binance has already been proven how they responses to the market crisis and despites from the hacking events last year but still were able to stand and retain their reputation. This is how people giving back their trust to it and for sure, they are worthy of our trust, and this also a reason why they keep soaring as many traders giving their support as well.
Binance has already been proven how they responses to the market crisis and despites from the hacking events last year but still were able to stand and retain their reputation. This is how people giving back their trust to it and for sure, they are worthy of our trust, and this also a reason why they keep soaring as many traders giving their support as well.
I'm a big fan of Binance as well and they certainly have done a good job with setting up a platform thats intuitive, easy to use, and has a lot of different options. It kind of reminds me of my TD Ameritrade Account which I think is the best traditional exchange platform out there. Definitely my favorite platform for trading.
Who is offering the best service will get more users which is actually happened with Binance and their SAFU made them more popular among other top exchanges which resulted them into their wild growth as you are talking about.I do use Binance exchange but not much often because I am now concentrating on fiat to crypto and vice versa trading and it is also very rare in these days.
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,(...)
Back in the days, Bittrex is one of the popular exchange in the cryptocurrency scene, and Binance is still not so popular before then.But around 2017 - 2018 bull run, Binance started to make scene in cryptocurrency and that was the start of Binance to become popular, and Bittrex also starts become not popular after there are some new exchanges popping out.
Cryptoexchanges are growing and Binance leads the market as of today but we don’t know in the future. Most of the top exchanges are offering different services and securities and if you want to trade for good then choose the best that fits your needs and satisfaction. If your token doesn’t listed on Binance, then you have no choice but to use other exchanges so I think this kind of comparison will always depend on the tokens that you have. But if full time trader, then I also go to Binance.
Nothing do really last up on the top spot forever but Binance is pretty doing well in terms of marketing and expanding their scope of their platform which do really had several industries that they are already involved into and this is what makes them different compared to other platforms which they are somewhat aggressive into that part.
When it comes to trust and reliability then theres no question for those places that had been commonly used by many which you can already presumed out that all of the qualities that traders do seek on
such platform is already present and the numbers would be the proof itself.
Cryptoexchanges are growing and Binance leads the market as of today but we don’t know in the future. Most of the top exchanges are offering different services and securities and if you want to trade for good then choose the best that fits your needs and satisfaction. If your token doesn’t listed on Binance, then you have no choice but to use other exchanges so I think this kind of comparison will always depend on the tokens that you have. But if full time trader, then I also go to Binance.
Binance is an awesome exchange which make most cryptocurrency traders or enthusiasts view exchange site as something that worth trusting in because back in the 2016 when Binance is yet to be number one exchange site people in the crypto scheme usually used the strategy of not storing the amount they can't afford to loose on exchange site.
I think this comparison is not very accurate because it is not possible to evaluate the services included in the comparison in general. For example, one service might be better for some feature or comparison issues, while the other service may be better for other features or encounters. For this reason, it is not right to make such an accurate assessment. Of course, in general, comparisons can be made in a few different areas, and results can be obtained depending on these comparisons, but it should not be forgotten that these results are not correct.
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.
You can't also really compare Kucoin with Binance I find. Binance has more options and a much higher volume compared to Kucoin. I also like Kraken, good support, good security and they are expanding the list of the coins they are offering.
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).
Bittrex was never in that top position like binance is now, I poloniex even did better, although they were one of the exchanges with real volume and better coin because they dont allow any project but they also only stick to exchanging coin alone, nothing else, no DEX,No exchange coin etc. 
What are the things that I like in binance?
The first one is the liquidity and volume. Most of the traders are looking for the liquidity and volume of the coins because fake volumes and low liquidity can be a threat to our trades specially if we hang up to the top. Probably, it is 100% lose trade when there is fake volumes. Second, the sustainability of binance when it comes to security and privacy. We knew that there is already a hacking incident in binance and we can`t avoid that thing. But binance took an immediate response to the said case. Lastly, most of the coins found in binance has future and development just like, link, erd and chr.
I had traded in different kinds of exchange but top exchanges are the most profitable and safe place for our money. Even the trading fees and transaction fees are a bit higher.
The first one is the liquidity and volume. Most of the traders are looking for the liquidity and volume of the coins because fake volumes and low liquidity can be a threat to our trades specially if we hang up to the top. Probably, it is 100% lose trade when there is fake volumes. Second, the sustainability of binance when it comes to security and privacy. We knew that there is already a hacking incident in binance and we can`t avoid that thing. But binance took an immediate response to the said case. Lastly, most of the coins found in binance has future and development just like, link, erd and chr.
I had traded in different kinds of exchange but top exchanges are the most profitable and safe place for our money. Even the trading fees and transaction fees are a bit higher.
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.
Your opinion to how you see binance and bittrex in the next generation are welcomed.
When we do talk about Bittrex then they do already passed up their prime days and when Binance was still new then Bittrex is one of the exchangers that are on top spot and we know that
issues do arise.
It drops it ranking to the entire market but still somehow able to managed to cling up to get some marketshare. Binance do really know to play up the game where they are extending as far as they
can in terms of services given to the community and this is where they do strengthen up their reputation.
Bittrex is also a good place though but it all matters with choice.
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.
That's if the coin is able to pay up the amount they will take to run and IEO on kucoin or binance because this two Exchange are way to cool and loveable by lots of traders and so to say the project (coin) is likely to do well in those two Exchange.
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.
But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced
.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced
.For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.
you might wanna go back to your bittrex account, you probably have some funds there like the airdrop of Ontology. i'm not sure when it did happen. but probably they've also airdropped some other tokens. even at the times when bittrex is less used by traders, they were developing their global platform and they also have for Asian markets, they are still up to compete fairly unlike the cryptopia.
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.
But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced
.For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.
That is what other places always lacked as well. Just to give an example, poloniex was the most used crypto exchange for a while, they weren't fiat to crypto neither (like coinbase) they were totally altcoin and bitcoin (like binance) and you know what they did? Instead of adding as much crypto as possible, they removed the low volume ones and made the list even shorter back in their hay day.
So as you can see, adding more and more coins is the important part, without more coins you are removing a ton of volume and as an exchange the most important thing you have is high volume, without high volume you are not making full potential profit. I get it it could be hard to add a lot of coins and keep them with low volume, but add as much as you can, add 1000 of them, you can remove the low volumes later.
So as you can see, adding more and more coins is the important part, without more coins you are removing a ton of volume and as an exchange the most important thing you have is high volume, without high volume you are not making full potential profit. I get it it could be hard to add a lot of coins and keep them with low volume, but add as much as you can, add 1000 of them, you can remove the low volumes later.
Binance offers users what they need, that is the reason for its success and it is proven. CZ is managing to create a product with many advantages, it offers useful features for the community.
...
But the other exchanges in the top of the best do not lag behind they are also in constant transformation.
Quote
CZ
Media Interview.
Q: How did you create your expansion strategy 3 years ago? And plan to grow so rapidly?
Me: didn't have a strategy or plan.
We just built what our users told us to build.
https://twitter.com/cz_binance/status/1278588364422148101?s=19
Media Interview.
Q: How did you create your expansion strategy 3 years ago? And plan to grow so rapidly?
Me: didn't have a strategy or plan.
We just built what our users told us to build.
https://twitter.com/cz_binance/status/1278588364422148101?s=19
...
But the other exchanges in the top of the best do not lag behind they are also in constant transformation.
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.
But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market. But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced
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