Topic: Binance... is this place a scam? - page 14. (Read 3701 times)

Binance is very good exchange. I have reported few cases to their support and response has been lightning fast. They are constantly improving the UI, added stop-loss orders and made several small improvements.

If you want to test drive the worst, try Kraken. Or actually don't. Would not recommend to my worst enemies, if I had any. They don't even respond to support requests and you're not able to navigate to withdrawal page 19 out of 20 tries. I tried two weeks to withdraw my last coins from there, finally succeeded yesterday. Transferred them to Binance for trading.

don't worry Binance is not scam. Binance is good exchange after bittrex and poloniex and I don't have any problem when use binance. if you have problem you can contact their support is professional and responsive

Cryptocurrency exchange would always experience some sort of technical issues even with operational hours, it's unlikely for them to shut down the network so the main problem would always lie on withdraw issues, i personally had been using Binance since its launch and i experienced some of your problems too, but i have no choice but just wait and they would usually resolve in fairly short amount of hours because i believe lots of people are same like you to complain through their support team.

Binance is OK exchanger.One of the best out there and they are growing and getting better.
I think there is nothing to worry about

I've tried it yesterday and all went smoothly. the binance takes the decision to increase the fees to make the users feel convenience. Rather than polo and how a lot of the poloniex's volume goes to the binance exchange, because a lot of polo users having problems with polo team.

I don't think so
Coz I have been using it for the past 3 months without any issue
except for  the bots

Deposited and withdrawn several different coins, small and medium amounts. Never had a problem.

Anyone tried to withdraw from Binance?

I heard so many withdraw problems from Poloenix

Thanks for your suggestions all, i almost scare Binance will be scam or something wrong happened with them. Now, i can do my job again

I do not have any problem with Binance and quite happy with this exchange. Have you contact support for your problem?

I have had no problems personally but I think everything that has been happening in the past week has been pretty concerning and they are making no effort to communicate with their English base. Like this new coin they are adding, ELT. A one sentence description and a 100 billion coins in circulation, wow sign me up, especially after watching every other Chinese coin you added this week drop 50% in value without any signs of recovery or volume. They should at least have someone bother to attempt a translation of the white paper, or give us some sort of information as the current value on other exchanges and market cap. Same goes for the ICO's, like I said there is no information on these things and it seems that Binance only handles a portion of the volume of them. I do not have enough faith that these Chinese coins we have no information on are not dealing the same coins at a lower price through their own ICO on a Chinese website. There is no transparency at all to these things in an already highly manipulated market and at first I thought Binance itself was trustworthy enough due to all the influence and money behind it but these forces could have gathered together to run these type or cons together since there really isn't any regulations saying they can't.

BINANCE so far is a reputable exchange and in times of heavy network congestion, you will get this message, not only on Binance exchange but on many other exchanges as well. I couldn't withdraw erc20 tokens form one exchange for days because of the Cryptokitties Ethereum pipe blocker lol. I would give you a word of advice though. Don't tend to keep your coins on exchanges unless you want to trade them. Just keep on the exchange coins for trading, buying, selling etc, then move them to your wallets. 

Binance is not a scam. Funding completed quickly, about half hour or so. Trading is always smooth. Withdrawals are completed quickly too, so far within an hour.

I haven't had any problems with Binance as well, I especially like their Android app. Since a lot of other users in this thread are expressing similar opinions as well, I think they are reliable and are doing a good job offering a bunch of altcoins.

not possible, because Binance is a very professional exchange and includes a good big exchange market.

No, this is not scamming, this is due to ETH blockchain problems, just look here https://etherscan.io/chart/pendingtx

So, you should wait some time - everything will be allright

I use it pretty often and I don't think it's a scam. There could be some tech issues, try to wait a little. It's pretty hard and tense time due to the problems in Ehereum network and the pump of bitcoin.

Binnace is one of the biggest exchanges in this world. They sometimes have some problems but its the safest place for me.
I love binance and usually trade on binance.

Binance has been a good exchange and you may really need to relax and if they tell you the network is congested, then it is really congested. It seems the ETH network has been congested for some days now anyway which is even affecting EtherDelta now. This has been as a result of huge level of transactions going on than it can handle..

I have been using Binance for a while now without issues. There is really no point for the OP panicking as he will end up getting his funds out of there eventually anyway. There is a lot of congestion that has been on the ETH network for some days now and I am sure that is one of the reasons they are concerned. So, it is better to just chill out and allow the congestion to die down but he will surely get his funds.

Dont be scared,binance has a good background with its users,they dont have any security issues like poloniex its a newbie friendly exchange.