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Topic: Binance deserves the first Position on CMC - page 2. (Read 1682 times)

member
Activity: 154
Merit: 16
December 05, 2020, 04:10:18 AM
It is what you are familiar with that you will support most. Most folks in the crypto space tend to be more familiar with Binance than any other exchnage. This is why more people would agree that Binance is the best. Sentiments aside, I also agree that Binance exchange has really been trying and they are doing everything in their capacity to be the best. many exchanges would have been able to compete favourably with Binance and maybe be better than Binance, bt they already missed it at one point or the other. So, I agree that Binance deserves to be at the top.
Binance is the best exchange in cryptocurrency market. Binance own coinmarketcap & they are number 1 in the list. Many users claiming that they pinned their site. It's possible about 3 years back but now what can you say about coingecko. Coingecko top number 1 exchange feature is binance. After Binance launching they are always are number 1 in the list & most reputable or trustworthy exchange.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
December 01, 2020, 01:29:46 AM
That is true and I don't see the need for anyone to think otherwise, although we are all entitled to our own opinions but yet, it is good to look at facts and data then drive our conclusions. From all Indications, Binance do not only deserve the first rank or position on coinmarketcap, but also deserves to be called the best exchange. To add to your points, Binance also supports a good number of fiat currencies both in advanced trading and in P2P trading, all in a bid to make crypto easily accessible. Also, one thing I have to understand is that, once crypto is supported in any country, Binance makes moves to come to an understanding with the country and then support their fiat, in this way increasing their user base. In addition, Binance also have a huge number of trading features, all in a bid to make trading enjoyable and flexible for all users. Thus, one can see that, all these points to the fact that, Binance is doing everything to build their reputation and will do everything possible to respects it as well.
full member
Activity: 1190
Merit: 108
No wonder, binance deserves that, we can feel how much they care about us, for now binance still the best and biggest cryptocurrencies market in the world. respect for their hard work, they get my trust all the time.
Im waiting for their innovation next, i hope it will be good as usual, cheers for binance!
hero member
Activity: 3010
Merit: 794
Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.
Aside from being world most largest, Binance also gain respect and trust from traders, Binance also is one of the active players in giving some humanitarian help in times of calamity, they are also launched a bunch of promotion and giveaways that are really helping people in trade industry.

I agree into this sentiment because they wont really able to make themselves big if they havent able to do such stuffs.They are trying to expand out their business as they can and they've gotten involved in several industries which is already outside of exchange scope.

They do know on what theyve been doing and its really deserving on what they do attained as of this moment. Volumes or liquidity does speak for itself on how this platform or company
being trusted by many.

For people who do knows on whats going on then will surely say the same thing.
jr. member
Activity: 706
Merit: 4
You are right, as long as Binance keeps getting it right, it will continue to be a dominant force in the cryptocurrency exchange industry. The exchange has been my best trading platform for a long time, more so when they added fiat deposit and withdrawal for my country. I find it easier to trade and convert my crypto to fiat currencies, all one platform. Their customer service too is top notch and they are security minded.
CZ and the backroom staff are doing a great job. Very forward thinking team.
hero member
Activity: 2100
Merit: 562
Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.
Aside from being world most largest, Binance also gain respect and trust from traders, Binance also is one of the active players in giving some humanitarian help in times of calamity, they are also launched a bunch of promotion and giveaways that are really helping people in trade industry.
copper member
Activity: 1190
Merit: 3
Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.
hero member
Activity: 2100
Merit: 562
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.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
well lets move to more  better monitoring website like coingecko because CoinMarketcaps is not really filter volume from Exchange that mostly pump their daily volume with bot.
look at coingecko they are monitored very accurate volume from all exchange and ofcourse binance is top 1 exchange for Daily volume on coingecko, look like coinmarketcaps wont ever fixed it because they only care about the visitor that visit to see the Crypto Marketcaps and volume.

Looks more accurate to me, and whichever exchange you are looking, it's still very visible that Binance dominate the market, imagine that disparity, Binance here has over $2 billion in normalized volume while the exchange that followed the ranking only has over $300 million, that's a huge one, this tells us that Binance was not manipulated to take the number 1 spot.
legendary
Activity: 2212
Merit: 1008
well lets move to more  better monitoring website like coingecko because CoinMarketcaps is not really filter volume from Exchange that mostly pump their daily volume with bot.
look at coingecko they are monitored very accurate volume from all exchange and ofcourse binance is top 1 exchange for Daily volume on coingecko, look like coinmarketcaps wont ever fixed it because they only care about the visitor that visit to see the Crypto Marketcaps and volume.
hero member
Activity: 1946
Merit: 502
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
Agreed on all your comments about binance that they deserve the number one spot on coinmarketcap when comes to exchanges, and also thier token deserves to be on the top 10 spot.
copper member
Activity: 392
Merit: 1
when it comes to promotion and listing everybody in the supports the coins that are listed in Binance I think that is why it deserves to be in the no.1
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
For me, If there will be voting for the number one position in CoinMarketCap I would definitely vote for Binance as no.1. This exchange proves that they are reliable.
yes I also agree with you, in addition to being suitable for newbies like me and also because it's easy to understand plus the latest features also already exist that make this exchange much in the interest of people, but also people's opinions aren't all the same and maybe there is another better exchange, but for me personally binance is pretty good and can be trusted.
full member
Activity: 517
Merit: 100
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

I think Binance deserves to be ranked number 1 Coinmarketcap. The use of Binance is very much. And the trading volume is quite high, even though there are those who claim it is not real. But I would argue that the 95% Binance volume is real. Many IEO are successful there, thus proving that Binance users are active in investment.
copper member
Activity: 392
Merit: 1
For me, If there will be voting for the number one position in CoinMarketCap I would definitely vote for Binance as no.1. This exchange proves that they are reliable.
hero member
Activity: 2856
Merit: 674
  It's good when that 1 place in the hands of the ones who deserve it! Binance is the best exchange at the moment, but I think
other exchanges will try to claim that first place for them. Which is a normal thing, it's a healthy competition and that have
positive effects on the entire crypto-market.

If the list were not created by CMC which is owned by Binance, other exchanges might not complain, but now they have a reason to complain as they'll claim the ranking was based on bias opinion.

  If Binance keeps doing the great things like until now, it will be hard for other exchanges to keep up, but some of them will try
to get closer!

As you said, it's a healthy competition but IMO, Binance is just so ahead though it did not own the entire market yet.
Well hopefully some exchanges will continue to compete and get challenge so it will all benefit us users.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   It's good when that 1 place in the hands of the ones who deserve it! Binance is the best exchange at the moment, but I think
other exchanges will try to claim that first place for them. Which is a normal thing, it's a healthy competition and that have
positive effects on the entire crypto-market.
   If Binance keeps doing the great things like until now, it will be hard for other exchanges to keep up, but some of them will try
to get closer!
full member
Activity: 1750
Merit: 118
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
binance was not first before ? i thought they are already first before   . now that they owned cmc they can do what they want and you cant do anything about that .i agree on all numbers on the list except on number 4 , i dont believe that all ieo are succesful on this platform  . people will just invest on here if that happen and keep on making money and others exchange that conduct ieo wont have any chance to compete  .

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
you said they dont care about money ? but every exchange does care about money too because this is the reason why they start this business  .
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
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

yes, you are right with all the reason above and i agree with you
because in my opinion binance the best exchange for now,
regards
jr. member
Activity: 165
Merit: 1
I agree with you a great deal and the facts speak for themselves. I have watched binance rise up through the ranks from nothing to where they are today. Not only have they continue to dictate the pace, they have gone about their business professionally, churning out innovations after another, going lengths to ensure customer satisfaction and introducing revolutionary features, ideas and concepts just to enhance better efficiency and experience for the users of its platform. Also, binance has continued its push for cryptocurrency/blockchain relevance as well as adoptions. They should deserve to be ranked up there.
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