Topic: Binance deserves the first Position on CMC - page 7. (Read 1682 times)
I believe that there is nothing wrong with Binance buying CMC. I am sure that they will make this platform very promising with a huge set of features. And Yes, this exchange deserves to be in the first place.
I see that the total daily trading volume decreased since the Binance bought Coinmarketcap. Is it a coincidence? Or do they really check the volume of each crypto exchange and that is the reason that the total volume has decreased? We already know that some exchanges reported fake volume, but it is pretty hard to find out the real trading volume.
in my opinion binance is currently the best exchange is user friendly and has many features it should be at the top of the various exchange charts
According to coinmarketcap rating, binance is the number 1 exchanges but based on traffic, liquidity, trading volumes of spot markets. Some people do not know about this but only using the market capital rating alone.
Although I do not trust coinmarketcap before now because of the manipulations that goes on within it, but the question that should be asked is, which exchange was ranked the first on coinmarketcap before? after answering the question, the next should be, is that exchange really worth that position?
Binance even before getting involved with coinmarketcap was seen and regarded as the best exchange by a good number of people but owing to the irregularities in coinmarketcap they weren't seen at the first position, but now that thing has changed I do not see any problem with it, because they deserve it
Binance even before getting involved with coinmarketcap was seen and regarded as the best exchange by a good number of people but owing to the irregularities in coinmarketcap they weren't seen at the first position, but now that thing has changed I do not see any problem with it, because they deserve it
in my opinion binance is currently the best exchange is user friendly and has many features it should be at the top of the various exchange charts
Binance actually owns CMC, so if they wanted to they could simply pin themselves at the top no matter what you are looking at. Volume? Pin binance at the top, liquidity? Pin it, pair numbers? Pin it. There is no reason why it should even lead anything at all, they could simply pin themselves at the home page with big huge margins and nobody could say anything. It is their own website and they could do whatever they want with it, there is nobody that can stop them.
Definitely you can stop using them if you liked cmc before but hate binance so you want to stop using it. However, if you have nothing against binance they could simply just put binance all over CMC with big banners everywhere and pop up binance ads and we could do nothing about it. It is their own website after all and they make the rules.
Definitely you can stop using them if you liked cmc before but hate binance so you want to stop using it. However, if you have nothing against binance they could simply just put binance all over CMC with big banners everywhere and pop up binance ads and we could do nothing about it. It is their own website after all and they make the rules.
It is not a question of if Biance deserve it or not, the issue is the subjective way in which they come out with their ranking system and put themselves in first position, the other issue is that their direct competitors are being suppresses systematically, just look at Bitmex, the exchange has been pushed down the ladder while Binance cement its first position
Binance has actually distinguished herself among exchanges and several persons believe that they are the largest and most widely used cryptocurrency exchange. I personally won't agree less, because binance seems to have everything in place to make trading experience seamless and I believe that the exchange is customer oriented.
Binance's reputation will always go up every day, because this is the best exchange and they always users in the forefront. It is difficult to see someone complaining about this exchange, they are almost good in every way. Even when the exchange was hacked, they still refunded all users without delay. That's why I love this exchange
Because binance have a lot money than they get hacked, this is why they can refunded all the money without delay. If they got hacked all, I don't think they can refund it without delay and I doubt they can refunded all. Just like Mt.Gox, this is the best exchange in the past and many people trust it. But when they got hacked a huge amount money, they can't refund it and the exchange is collapse now. Always aware before using any exchange, even it's popular and trusted till now. 
inappropriate or not, the reality is currently the position of binance. however, binance is currently the best exchanger in my opinion, so I'm not surprised if binance occupies that position. besides that, binance also operates CMC, even in coingecko as well.
There's a reason Binance is ranked first on CMC. I do not think it has much to do with the fact that Binance bought coinmarket cap, I think the reasons are clear.
Many people on here would be able to back this up since this exchange platform is leading in terms of both popularity mainly owed to it having the highest liquidity and trade volume as well as customer trust due to their support.
In other words, Binance being at the top is currently a fair ranking, however this isn't guaranteed for the long-term and we the users of this exchange and others need to me aware of that.
Many people on here would be able to back this up since this exchange platform is leading in terms of both popularity mainly owed to it having the highest liquidity and trade volume as well as customer trust due to their support.
In other words, Binance being at the top is currently a fair ranking, however this isn't guaranteed for the long-term and we the users of this exchange and others need to me aware of that.
Binance deserves the first Position on CMC
What exchange was first before? And what rank Binance had? i thought Binance had most volume now for at least a year. Probably only few months after ICO ended. Why you guys needed 3 years to realise that is beyond my imagination.
As an avid Binance exchange user, for me being number one in CMC is not important. Because the users can observe why Binance is already a number one in terms of efficiency in volume, trading fees, customer support, and security. I believe that the real rating to be called as number one crypto exchange is base on its user's satisfaction and not on any site that frequently manipulated and supplied with fake data.
The only ones who mad at Binance are other exchange shills. Almost everyone has to agree on how trusted Binance exchange is so that #1 spot on CMC for them isn't up for debate.
That's true and there some exchange sites who are not feeling good with the progress that has already made by binance to acquire CMC. It looks like all of the negativity towards binance can be considered as a dislike for binance too.
The truth is that they do not just wake up one day and decide to implemented all this on the platform. As soon as they acquired the CMC, they introduce a survey which enable anyone that visit the site to make suggestion as regard to what they want cmc to improve about the platform. All the feedback was what they follow to have the new CMC. A lot of people on twitter suggested that they should work on the exchanges by making sure that those that faked volume should not be the one ranking higher. This is what result on the new exchange listing that makes binance to be ranked number one on the platform
This just made it more apparent that CMC was scamming its viewers by manipulating data.
And now binance lists itself at the top of the list on CMC which is owned by... binance.
Maybe they are right, maybe not, it doesn't matter anymore.
What really matters is, in this space I can't really depend on any data because now I know that most of the time it is manipulated bullshit.
Exactly, I stopped using CMC long ago precisely because I thought their data was simply wrong and now that binance has acquired it they are suddenly on the first place, it is obvious binance is a good place to trade your coins and it has a good reputation among many members of the forum, but this is like entering a contest and that one of the participants is also the judge, it is completely unfair and regardless of their performance there is always going to be some suspicions if they actually deserve that ranking. And now binance lists itself at the top of the list on CMC which is owned by... binance.
Maybe they are right, maybe not, it doesn't matter anymore.
What really matters is, in this space I can't really depend on any data because now I know that most of the time it is manipulated bullshit.
Binance will be kept at top even I own coinmarketcap and bianance is my primary business 
. No surprises. They might have bought coinmarketcap by keeping this plan in mind. I'm not having personally any problem on where one exchange is listed but I just want clear information about what are legit exchanges and what are scam exchanges. Only that kind of list will be more than enough for me.
Even I do not want a list on marketcap. But, I want list of all available coins and tokens and their ANN topic and exchange information long with chart of prices since it got traded. I mean just an alphabetical list of coins and tokens itself more than enough for me. Because, ranking on marketcap is simply a manipulation to list few coins on top hence I am not making use of those list for my invest plans.
. No surprises. They might have bought coinmarketcap by keeping this plan in mind. I'm not having personally any problem on where one exchange is listed but I just want clear information about what are legit exchanges and what are scam exchanges. Only that kind of list will be more than enough for me.Even I do not want a list on marketcap. But, I want list of all available coins and tokens and their ANN topic and exchange information long with chart of prices since it got traded. I mean just an alphabetical list of coins and tokens itself more than enough for me. Because, ranking on marketcap is simply a manipulation to list few coins on top hence I am not making use of those list for my invest plans.
I think everyone needs to understand that cmc rank is not always about i deserve it, you deserve it.
It is rated by actions, activities and benefits of using such dominant exchange platforms.
Binance has the best community, best trade features, charts, trading optiions, as well as otc trading, fiat withdrawal and deposit.
Hence the reason why it tops the log.
Likewise, binance has one of the most fair withdraw rates, top it up with ieo successes? its simply the best at the moment
It is rated by actions, activities and benefits of using such dominant exchange platforms.
Binance has the best community, best trade features, charts, trading optiions, as well as otc trading, fiat withdrawal and deposit.
Hence the reason why it tops the log.
Likewise, binance has one of the most fair withdraw rates, top it up with ieo successes? its simply the best at the moment
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
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
They are the new owner of Coinmarketcap now, so they can rank whoever they want to rank first and obviously they rank themselves first, there's no denying that they are the number exchange in the industry, they have a big influence in the industry, and that alone can make them the number one exchange in the industry, it's hard to deny that.
They truly deserve it, people can tell which platform is good base on their experiences, and now they have added the Web Traffic Factor and Average Liquidity which is more realistic, those fake volumes exchanges generated by bots are slowly gone. Good thing they remove sh*t exchanges slowly also delisted sh*tcoins. Binance is not just an exchange now it is truly an amazing platform and CMC is not biased with it even they acquire the company.
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