Binance deserves the first Position on CMC

Botnake

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Quote from: carlfebz2 on January 08, 2021, 05:39:02 PM

Quote from: Botnake on January 08, 2021, 06:23:59 AM

Quote from: Rabi3 on January 06, 2021, 03:17:13 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

every exchange has some bad reviews, sometimes it's mistakes they made or people using some flaws in the system then when they get caught and their account gets blocked, they open a scam accusation against the exchange, from my personal experience, i think Binance deserves to be in the first place.

They are the number 1 exchange now according to CMC, some people think they are bias but even before they bought CMC they are already the number 1 exchange. And they keep on improving, that makes this exchange so loved by most traders, and KYC is not really a big factor as one can start with a non KYC account.

One of the things i do like with Binance is really on having that unverified account with 2 BTC daily limit which i do believe is already enough for most people or traders out there

and the rest is on having that KYC demand type of platform and this is where Binance do really have the edge against competitors.Its true that they are already on top 1

when they still havent able to purchase or bought CMC which there's no question or would be issues that they are still number 1 into this very moment.It is just deserve for them to be on the top spot.

Of course, they have not changed it, that's very easy for traders to trade without KYC, even kids can do that. However, we have to understand also that we are taking a high risk doing that, since Binance is registered and regulated, what if something happen to binance like it's hack, the problem then is how can we proved that we own the account when we don't have a KYC on it.

I'm just stating the risk, but if people understands that and they are comfortable with it, then they can always take non KYC account as a great opportunity for them to trade anonymously.

MishaSER

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Quote from: stadus on January 11, 2021, 07:11:37 AM

Quote from: MishaSER on January 10, 2021, 02:31:54 PM

Quote from: shoreno on January 02, 2021, 02:35:03 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

if im not mistaken , bestchange is an exchange not a review site for exchanges or you mean that bestchange team said something bad about binance ? but they need to prove it first that what they accusing was true and binance will give way .

No, this is a common aggregator of exchangers, as far as I know it is independent and users can leave reviews about this or that exchange.

They have not listed Binance in their platform. I believe Bestchange is also an exchange, it just bridge from person A to the actual exchange and they make commission on that, correct me if I'm wrong but that's how I see it as I look at their platform.

They are not a typical exchange where you can trade with your desired amount by putting an orders.

We should read more about BC : https://www.bestchange.com/

No, this is a common tool that helps you find profitable exchangers. The commission, as I understand it, is paid by the exchanger itself and not by the user.

As for the comments, here is the link in Russian https://www.bestchange.ru/binance-exchanger.html
English https://www.bestchange.com/binance-exchanger.html

stadus

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Quote from: MishaSER on January 10, 2021, 02:31:54 PM

Quote from: shoreno on January 02, 2021, 02:35:03 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

if im not mistaken , bestchange is an exchange not a review site for exchanges or you mean that bestchange team said something bad about binance ? but they need to prove it first that what they accusing was true and binance will give way .

No, this is a common aggregator of exchangers, as far as I know it is independent and users can leave reviews about this or that exchange.

They have not listed Binance in their platform. I believe Bestchange is also an exchange, it just bridge from person A to the actual exchange and they make commission on that, correct me if I'm wrong but that's how I see it as I look at their platform.

They are not a typical exchange where you can trade with your desired amount by putting an orders.

We should read more about BC : https://www.bestchange.com/

MishaSER

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Quote from: shoreno on January 02, 2021, 02:35:03 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

if im not mistaken , bestchange is an exchange not a review site for exchanges or you mean that bestchange team said something bad about binance ? but they need to prove it first that what they accusing was true and binance will give way .

No, this is a common aggregator of exchangers, as far as I know it is independent and users can leave reviews about this or that exchange.

carlfebz2

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Quote from: Botnake on January 08, 2021, 06:23:59 AM

Quote from: Rabi3 on January 06, 2021, 03:17:13 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

every exchange has some bad reviews, sometimes it's mistakes they made or people using some flaws in the system then when they get caught and their account gets blocked, they open a scam accusation against the exchange, from my personal experience, i think Binance deserves to be in the first place.

They are the number 1 exchange now according to CMC, some people think they are bias but even before they bought CMC they are already the number 1 exchange. And they keep on improving, that makes this exchange so loved by most traders, and KYC is not really a big factor as one can start with a non KYC account.

One of the things i do like with Binance is really on having that unverified account with 2 BTC daily limit which i do believe is already enough for most people or traders out there

and the rest is on having that KYC demand type of platform and this is where Binance do really have the edge against competitors.Its true that they are already on top 1

when they still havent able to purchase or bought CMC which there's no question or would be issues that they are still number 1 into this very moment.It is just deserve for them to be on the top spot.

Botnake

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Quote from: Rabi3 on January 06, 2021, 03:17:13 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

every exchange has some bad reviews, sometimes it's mistakes they made or people using some flaws in the system then when they get caught and their account gets blocked, they open a scam accusation against the exchange, from my personal experience, i think Binance deserves to be in the first place.

They are the number 1 exchange now according to CMC, some people think they are bias but even before they bought CMC they are already the number 1 exchange. And they keep on improving, that makes this exchange so loved by most traders, and KYC is not really a big factor as one can start with a non KYC account.

Rabi3

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Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

every exchange has some bad reviews, sometimes it's mistakes they made or people using some flaws in the system then when they get caught and their account gets blocked, they open a scam accusation against the exchange, from my personal experience, i think Binance deserves to be in the first place.

Bitstar_coin

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Some people or should i say many posters here are misunderstanding the reason why quite a good number of people feels binance deserve to be at the top, i see some people making reference to volume, to me that's just looking at things from one particular angle, when they say binance deserve to be at the top, it does not just relate to the trading volume alone, but the entire services, those little things that are easy with binance and other exchanges makes it difficult, believe me i have use quite a number of exchange and no one come close to binance, Period.

shoreno

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Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered.

no no no they dont gave money but they are an exchange , a business . they are not too kind to give money , the trader that use binance use money to buy coins or they use coins to trade and sell for different cryptos but binance can return money that has been lost and if its the systems fault but not lost funds by traders who trade wrongly .

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

if im not mistaken , bestchange is an exchange not a review site for exchanges or you mean that bestchange team said something bad about binance ? but they need to prove it first that what they accusing was true and binance will give way .

MishaSER

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Quote from: Hamphser on January 01, 2021, 05:16:29 PM

Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

Even if they do own CMC now but still it would be better if they will be fair on listing out something which are on top ranks because they do really have those real numbers.

Its just unethical if they would just put their own coin in the top even if there are other top coins which do surpasses it when it comes to numbers.

They might own this platform but doing those will just really give out some peoples critcism.

I understand everything, but how does this relate to my comment, my comment concerns the fact that binance does not deserve to be in the first place.

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Quote from: MishaSER on January 01, 2021, 10:52:35 AM

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

Even if they do own CMC now but still it would be better if they will be fair on listing out something which are on top ranks because they do really have those real numbers.

Its just unethical if they would just put their own coin in the top even if there are other top coins which do surpasses it when it comes to numbers.

They might own this platform but doing those will just really give out some peoples critcism.

MishaSER

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Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

Botnake

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Quote from: Btc_1856 on December 31, 2020, 01:41:38 AM

Binance is always the no. 1 exchange because they will bother much about their customers whenever their customers lose anything, they will compensate their customers from their safe funds. That's how they are increasing their user base and they are gaining a lot of trust in the crypto market.

And the good thing with Binance is they cater customers from different part of the world, you can even create an account without KYC though they are a regulated site, so they really gained the trust of the traders and investors. I'm a Binance user here, I think over 3 years already and I never face a single problem AFAIR.

aTriz

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If binance is at number one place. then it is because that has higher trading valume (24 hours) and they have bigger userbase. not just because they own Coinmarketcap and they listed their selves just to manipulate the coinmarketcap charts and datas.

Quote from: john1010 on July 21, 2020, 07:34:56 AM

I have my trust in binance since the day one i traded there, I feel safe with their instructure and their features, I hope Binance will stay for long and create more program to reach out other people who are not yet involve in crypto.

same for me. I also trust binance more comparing to the other exchanges. and binance is the only exchange where I have most of my coins stored. so far they are safe. and I hope they'll stay safe untill I use them.

Btc_1856

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Binance is always the no. 1 exchange because they will bother much about their customers whenever their customers lose anything, they will compensate their customers from their safe funds. That's how they are increasing their user base and they are gaining a lot of trust in the crypto market.

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Quote from: ?? on ??

Quote from: Sourhearrt on June 21, 2020, 02:54:52 AM

4. IEO don't fail on this exchange because the team do their own research on projects before listing

IEO may not fail but are they keeping up the price above the ICOs?
Can all IEO from Binance stay on the exchange for a 4 year cycle without been delisted? It will take sometime to prove this

No one can tell because even if you do saw those projects are still doing well at the moment, it will matter only on the demand and time will come neither it would be proven out
or would just ending up the same into those most projects in the market that eventually die after years of existence due to lack of demand and interest.
About rankings then it would be just unfair if they would just let themselves on the top just because they do own CMC now.
It would be better if we would really be seeing fairness about ranking.

Chathusand

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Definetely they deserve it. Number one exchange which has top-class customer care.

stadus

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Quote from: bluebit25 on December 06, 2020, 04:55:11 AM

Quote from: Sourhearrt on June 21, 2020, 02:54:52 AM

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??

1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers

They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem

Even before binance bought CMC, i still found that binance deserves what they have done in this market, the real projects in this market are expected to be listed on binance, it is stable and many more wonderful things. If you look at the current competitors with binance, can you see the difference, when binance is building their own ecosystem.

Even before it was bought by CMC, Binance was already in top of the list, they just improve more now that CMC was already owned by them.
There's a big difference already in the competition, the volume of Binance is way bigger compared to the exchanges following Binance in the listing.

For now, Binance is not dropping to $1 billion trading volume per day, that means they are making a lot of money in the crypto space and they can buy anything that will help improve their platform, and that's the reason why it's good to invest with Binance.

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Quote from: Sourhearrt on June 21, 2020, 02:54:52 AM

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??

1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers

They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem

Even before binance bought CMC, i still found that binance deserves what they have done in this market, the real projects in this market are expected to be listed on binance, it is stable and many more wonderful things. If you look at the current competitors with binance, can you see the difference, when binance is building their own ecosystem.

rat03gopoh

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I'm a Binance passive user but I agree with what the op says. Binance already has several branch exchanges around the world, and it makes sense that Binance's trading volume is the highest.
Also, in the case of the last hack Binance was able to turn the global crypto price down, which means Binance has a big influence.

Topic: Binance deserves the first Position on CMC (Read 1682 times)