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Topic: Binance deserves the first Position on CMC - page 5. (Read 1682 times)

full member
Activity: 1106
Merit: 166
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Binance deserved to be on the top of the list but if they put their name on their owned site the people will criticize them for sure but its okay and nothing to worry.No matter if they are in first or second position people who were trading on it will stay there until they provide best of it.
hero member
Activity: 2604
Merit: 816
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Yes, I agree, binance is one of the biggest exchange that everyone put their trust. Because of the security and satisfaction they give to their users, they really deserved to be in the first position in CMC. Even without buying CMC, they already prove to us that they are the right exchange to be in that position.
Binance already become one of the biggest exchanges, and they still try to give satisfaction to their members by providing another support to them. But binance still need to maintain their track to stay at the top exchanges because the other big exchanges will not want to stay behind binance. From time to time, we will see a competition between each exchange, and that is interesting to see which exchange will remain at the top position.
sr. member
Activity: 1022
Merit: 257
Yes, I agree, binance is one of the biggest exchange that everyone put their trust. Because of the security and satisfaction they give to their users, they really deserved to be in the first position in CMC. Even without buying CMC, they already prove to us that they are the right exchange to be in that position.
sr. member
Activity: 1638
Merit: 260
Trphy.io
Binance currently have is occupy the number 1 position in CMC and that's it is very decent for this exchange because no one can match they reputation and they also have a good team. there may still be many reasons why this exchange is feasible in first position place and there is no doubt about it. at that time I was surprised to see Binance fall below the top 10 exchanges and now I am glad to see this exchange able to become king again at CMC. Binance is indeed the best exchange in the crypto world.
sr. member
Activity: 1484
Merit: 253
It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
I don't think Binance needs to buy CMC to get first place there, because indeed they have become the trust of the Traders at this time. What the Binance Team needs to do is they have to stay like this, maintain their good reputation forever so I'm sure their Exchange will remain No. 1 in Crypto world.

Binance has been tested for so long time, and I don't think traders will turn their backs on them. They'll still remain a strong part of people's hearts, and nobody can take that away. Having another options isn't justifiable, and if they'll remain to what they are right now it kept them more efficient and reliable exchange site.
jr. member
Activity: 182
Merit: 1
Am sure a good number of people will agree with you on this. Binance has proven over time that it is a dominant exchange in the crypto industry with its user base increasing exponentially with each passing day as a result of continuous innovations and user focused developments. Binance continue to not only satisfy customers or users but strive to be better at everything it does. This is evident in the daily trade volumes as well as activities carried on the platform. It is undoubtedly one of the  biggest exchanges and the best there is.
legendary
Activity: 3122
Merit: 1102
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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.

whether Binance is on top or not, traders know where to trust their funds. ranking is one thing, and people know the trusted ones. so even if Binance will lag behind, they will still go for Binance. so we should not worry about being the first position or second position. it will come out naturally and people talk. so as a trader, i dont worry much about the ranking system. it is how they serve you as a client.
jr. member
Activity: 784
Merit: 6
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.
full member
Activity: 896
Merit: 236
It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
I don't think Binance needs to buy CMC to get first place there, because indeed they have become the trust of the Traders at this time. What the Binance Team needs to do is they have to stay like this, maintain their good reputation forever so I'm sure their Exchange will remain No. 1 in Crypto world.
Now this is real test for them as they can keep maintain their good reputation and trust because we have history of big falls so if they able to keep this all then surely this could be very good and positive impact of crypto on world and they will understand this all is safe and good investment for long term with security.
hero member
Activity: 2366
Merit: 504
It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
CMC gives the opportunity for Binance to take the lead as they know the capability of it. The dominating power of this exchange had never changed since from the start, instead, it is getting more popular and stronger. Binance has built its good reputation that people are soo much to believe it that they can manage CMC in a fair manner.
CMC didn't give the opportunity but binance was getting placed on the first place based on its liquidity pool. If CMC was placing binance on the first place without strong factors and ti can be considered as a manipulation.
sr. member
Activity: 1218
Merit: 254
Trphy.io
It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
I don't think Binance needs to buy CMC to get first place there, because indeed they have become the trust of the Traders at this time. What the Binance Team needs to do is they have to stay like this, maintain their good reputation forever so I'm sure their Exchange will remain No. 1 in Crypto world.
member
Activity: 314
Merit: 20
It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
legendary
Activity: 3010
Merit: 1280
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Binance understands what it takes to be successful, best team I've ever seen, they understand how important customers are and they are ready to satisfy users, binance is real use case to me, something many new projects failed to understand,  

You are free to make money as you like but always put customers and investors first. That's what binance team did right

Ugh!! I guess the right term is

You are free to make money as you like but always put whales and pumpers first.. That's what binance team do always.

I don't care about the CMC ranking since that data is manipulated or not accurate.  But looking at the previous IEO that happens on Binance, majority that is able to participate are those that have a huge stash, or clients they considered VIP.  Small traders seldom have a chance to participate on their IEO events.
hero member
Activity: 1876
Merit: 721
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That's what I said. binance still showing the correct data in coinmarketcap. But we do not know how long this will be. I mean there is no guarantee that binance will be on top all the time. Because I wonder what will happen if the real competitor of binance comes one day. Then binance/coinmarketcap must manipulate the data and try to keep themselves on top. However, it has not come yet, if any competitor comes then maybe you have to see these.
If you look at the short history of the market we see many exchanges that reaches the top position will change quite often and binance is also a new kid on the block and it is hard to maintain the top position as there is always a new competitor with good design and support and now binance is trying to invest in diverse business in the cryptocurrency space, we will know whether these investments are for the good or bad in the next 5 years.

True. Exchange business is not an easy business. Many exchanges have come and gone but they have not been able to hold their top positions. The way binance is investing will enable Binance to continue their business. But investing heavily does not mean that they will stay on top forever. Of course competitors can come, who knows!
hero member
Activity: 2002
Merit: 535
~
That's what I said. binance still showing the correct data in coinmarketcap. But we do not know how long this will be. I mean there is no guarantee that binance will be on top all the time. Because I wonder what will happen if the real competitor of binance comes one day. Then binance/coinmarketcap must manipulate the data and try to keep themselves on top. However, it has not come yet, if any competitor comes then maybe you have to see these.
If you look at the short history of the market we see many exchanges that reaches the top position will change quite often and binance is also a new kid on the block and it is hard to maintain the top position as there is always a new competitor with good design and support and now binance is trying to invest in diverse business in the cryptocurrency space, we will know whether these investments are for the good or bad in the next 5 years.
full member
Activity: 1904
Merit: 138
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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??

Binance is currently the largest exchange, so now binance is at the top of coinmarketcap's list. I think that's right. Since binance has bought coinmarketcap , now there will be some doubts among the people about the ranking of binance. However, Binance still holds their top position because Binance knows what traders want and which product will increase their revenue.
i think binance will not manipulate coinmarketcap rank, especially for binance itself. it will influence to their reputation in cryptocurrency market. binance' team since beginning do their projects well, without any trick or fake action to attract investors.  and i am sure investors and trader never thinking about it, they will think it just good action from binance to developt their project.

That's what I said. binance still showing the correct data in coinmarketcap. But we do not know how long this will be. I mean there is no guarantee that binance will be on top all the time. Because I wonder what will happen if the real competitor of binance comes one day. Then binance/coinmarketcap must manipulate the data and try to keep themselves on top. However, it has not come yet, if any competitor comes then maybe you have to see these.

When that time comes, it will be evident if Binance will tampered the info in CMC. This is one of the downside owning a site that is supposedly a nonpartisan. People will always have their speculations regarding their true motive. But right now, it is better that they acquired this site, at least improve the services where most crypto users use this as the first stop in checking cryptocurrencies and exchanges.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
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??

Binance is currently the largest exchange, so now binance is at the top of coinmarketcap's list. I think that's right. Since binance has bought coinmarketcap , now there will be some doubts among the people about the ranking of binance. However, Binance still holds their top position because Binance knows what traders want and which product will increase their revenue.
i think binance will not manipulate coinmarketcap rank, especially for binance itself. it will influence to their reputation in cryptocurrency market. binance' team since beginning do their projects well, without any trick or fake action to attract investors.  and i am sure investors and trader never thinking about it, they will think it just good action from binance to developt their project.

That's what I said. binance still showing the correct data in coinmarketcap. But we do not know how long this will be. I mean there is no guarantee that binance will be on top all the time. Because I wonder what will happen if the real competitor of binance comes one day. Then binance/coinmarketcap must manipulate the data and try to keep themselves on top. However, it has not come yet, if any competitor comes then maybe you have to see these.
sr. member
Activity: 2254
Merit: 258
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

How can they manipulate the ranking when every aspect of a good exchange pointed to Binance I cannot think of any other exchange that can compete, with Binance when it comes to innovation and trustworthiness all the points you've mentioned are all correct and accurate.
full member
Activity: 2520
Merit: 204
It is always credible and safe if the ranking is from an independent enterprise not the one you fund and pay the salary of the moderators. Interestingly the exchange wasnt at this tip before they acquire the platform, although binance has its name on everyone's lips. I also believe such regular appraisal by self own platform in the cryptospace may not help in competition and development of the exchange. Other opinions of the website are liable to be bias for the sake of approval, which could discourage the reliance on the information on the website.

Even an independent study or company will not have second thought of ranking Binance as the top exchange in the market, because of what they have implement and what they have done, remember they introduced a lot of innovation in the market like the IEO and it's hard to beat that.

The achievements coming from this company gives them the right to take the number one spot, Binance
brings the competitions to another level.
You mentioned about IEO's and for sure this exchange received the high credits and most of the investors
interest when they offer IEO project.
Even independent review sites can attest how this exchange become successful and deserving to take
the position.
hero member
Activity: 2562
Merit: 577
If it was up to me to rank this exchange on which should be at the top on cmc, I will not just look at the trading volume of that exchange alone,  the criteria for ranking will be base on the overall performance of the exchange, i.e their method of operations, the service they provide, feedback from customer's and their ability to be creative.

when you look at binance, you will see a real business with solid structure, binance have managed to branch out and introduce new ideas into the business, this is why they are taking the lead, cz knows how to be creative, introduce new ideas, I guess that's why many people prefer binance exchange to others,

Honesty, we all know that even the customer service of binance is first to none, their ability to resolve issues is top, how many people can actually say they have unresolve case with binance?   Am not here to shill for binance, am just stating the obvious. We don't need to like cz to say the truth.
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