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Topic: Binance Reign is nowhere near its end! - page 4. (Read 6706 times)

member
Activity: 672
Merit: 10
July 04, 2019, 10:33:14 AM
#51
binance exchange places will always have very good developments and I believe binance will be the best exchange platform for 2019, hopefully binance exchange places can have a long life.
until now binance is still the best. especially with the IEO event that he did maybe from there will be born potential coins for trading. because the developers of binance do their best for projects that can sell IEO there.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
July 04, 2019, 10:28:47 AM
#50


They also trustworthy even when something like the hack happens and thy are always willing to solve problems in the best interests of their users.
That is one way of keeping a loyal customers in their hand and I don't say that is bad, that is actually a good thing since lets be honest we are all tired of all those scam exchanges that are currently surfacing, even I never touch all those unpopular exchange after trying the binance myself so I guess they are good to go.
sr. member
Activity: 1274
Merit: 260
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July 04, 2019, 09:11:59 AM
#49
No single doubt about that, Binance through the efforts of CZ and his entire team are really doing a great job and also trying to make the purchase of cryptocurrencies very simple and with fiat also. Even after the hack, they have kept to their words and are still doing a great job. I don't think any cryptocurrency exchange can push them from the top.
sr. member
Activity: 1316
Merit: 257
July 04, 2019, 09:04:05 AM
#48
clearly binance is very open to various developments in cryptocurrencies. they are not fixated only on an exchange, they dare to break with various creative and attractive products. we need other exchanges as a competitor so there is no monopoly on the market and cryptocurrency.
sr. member
Activity: 1470
Merit: 428
July 04, 2019, 09:00:31 AM
#47
Actually, Binance remains my best exchange, that's where I do the bulk of my trading since I'm a day trader.  But I don't really understand what you meant by they ain't acting greedy anyway.  Binance CEX, Binance chain, Binance DEX, BNB coin being the bed rocks have really prevailed so far, and CZ keeps bringing promising innovations and surprises as you mentioned.  Well, it doesn't mean they don't have their own flaws.  For me, the BTCB (Bitcoin BEP2)  listing doesn't really make sense to me, seeing a token pegged to BTC looks somehow.
full member
Activity: 672
Merit: 100
July 04, 2019, 08:51:34 AM
#46
Binance is really doing something amazing that's making them take the lead always;

* (Entrepreneurship-focused) They try new things always- Binance tries to bring surprises each time, trying new platforms, bringing new products whereas most of the competitors are stuck or wait for Binance to do and then copy which always leaves them steps behind

* Binance isn't acting greedy- Ideally, Binance has been one of the exchanges taking things pace by pace.. just look at te number of IEOs a month, and their maximum sales cap as well, the number of normal token listing a month, the trading fees, etc. In fact, Binance could issue as many IEOs as they want and it'll all be sold out, or even list as many tokens as they wish but they're taking steps carefully and not trying to be "greedy"

They've won many hearts already- Binance can be considered as one of the loved exchanges in the space.

Aside these are the numerous advantages of trading at Binance.

Even though many people see Binance as trying to monopolize the space, I see it as they're thinking as entrepreneurs whereas their competitors are "sleeping." And with that, they'll really reign for long.

Yes, binance is really doing very good now and its at the top of the ladder when it comes to cryptocurrency exchange but the exchange must not in any way relent because there are lot of competitors and overtaking is allowed at any point in time. If we could go back to memory lane, bittrex exchange was at its peak in 2017 but there was a turnaround and binance emerge as number 1 exchange in the world.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
July 04, 2019, 07:48:23 AM
#45
Binance is just way too smart to let this amazing income go. I mean you can't expect it to lose by itself, they will not do any mistake to lose this much money, they are making millions of dollars in profit every single day, there are literally only a few companies that make as much as binance, you may count thousand of them but in the end there are millions maybe even close to a billion (maybe even more) "companies" in the world (including stuff that are like shops and what not even digital ones) hence having just a thousand company bigger than binance is very obviously little.

Hence, maybe someone else will come and take the crown from them but until that new amazing one comes up binance itself will not let this one go, they will keep being awesome in every aspect.
hero member
Activity: 1470
Merit: 655
July 02, 2019, 03:49:19 AM
#44
The success of Binance and their hype should be tied to their hard work, effectiveness and the love that they have for crypto users.

it certainly is because of their hard work and lots of advertisement but that doesn't mean what they offer is any good. the only reason they have this "reign" right now is because every other option is so much worse that people have no other choice but to use Binance.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
July 02, 2019, 02:28:06 AM
#43
I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.
Do people understand what it means to monopolize?Is there any activity of Binance to them that that was born out of coercion or born out of forcing their product on people against their wish? At least we don’t have any involvement of government in crypto now, for us to say a particular government passed a law that will favor Binance which usually is the causes of monopoly.

The success of Binance and their hype should be tied to their hard work, effectiveness and the love that they have for crypto users. Binance team focuses more on delivering quality projects to the people, and this is basically the major reason why Binance keeps growing daily and moving fast ahead of all other exchanges, if any exchanges want to have the hype too, they are free, and nobody is stopping them, provided they can exactly what Binance is doing.
sr. member
Activity: 756
Merit: 251
June 30, 2019, 03:48:43 AM
#42
I have noticed a lot of newbies and jr. members promoting Binance by opening promotion threads here. This is exactly one of the reasons why Binance appears to be very popular. They are wealthy enough to pay shills all over the internet to create topics in which they could insert Binance. Binance is not reigning actually.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
June 30, 2019, 03:34:41 AM
#41
I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.
Monopolization is a very high competitive advantage! I think Binans Coin in the future will take 30-40% of trade in the entire cryptocurrency market.
I hope NOT! because that'll be too much for an exchange and if something goes wrong with them the whole crypto market will be shaken.
40% of all total volume could definitely affect the market so hard and in my eyes that is too dangerous.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
June 30, 2019, 01:12:58 AM
#40

People will dictate the future of Binance, but the way I see it, it's not gonna end anytime.
Binance has made a good come back this year, and even made an ATH on its BNB token, and that is the fact and the statement of the people.

When it comes to regulation, I think the government are harsh sometimes but Binance always find ways to continue to operate effectively.

Yes, of course, they will not get the ATH because of its traders and it will not happen if people don't see the benefits that they can get holding or trading BNB. What I am waiting is what their dex can do, if it can make a difference in trading world.

It's still too early to tell, but slowly their volume is also growing.
You can see the volume and the coins listed here - https://coinmarketcap.com/exchanges/binance-dex/
full member
Activity: 432
Merit: 100
June 29, 2019, 05:35:10 PM
#39
Definitely, binance has proven to be a force to reckon with when it comes to exchanges. They are good initiatives and they always would like to be the first. I was thinking the recent hacking incident would affect their reputation but that didn't happen.
member
Activity: 224
Merit: 10
June 29, 2019, 03:39:53 PM
#38
Binance will surely reign for long,  because CZ Binance knows how to dish out those news that will bring out demand for it,  Dex is the future exchange and Binance already have CEX and DEX meanwhile his competitors are still sleeping as you said
member
Activity: 434
Merit: 10
www.thegeomadao.com
June 29, 2019, 12:53:57 AM
#37
I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.
copper member
Activity: 376
Merit: 1
June 28, 2019, 06:51:36 PM
#36
I still give it to Binance for doing what they have done to remain top, they have made other exchanges to wake up and provided a model for up coming ones. Right now a lot of exchanges want to launch their exchange tokens and may eventually decide to launch Mainnet, the industry growing and I happy about it and Binance made a very good impact, no need for the hating.
member
Activity: 546
Merit: 10
June 28, 2019, 06:30:39 PM
#35
I can count a few companies doing as much as Binance is doing in the cryptoshere. They are instrumental to crypto dominance and I'm sure there will be more developments to follow in the coming years.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
June 28, 2019, 05:31:37 PM
#34
Binance is really doing something amazing that's making them take the lead always;

* (Entrepreneurship-focused) They try new things always- Binance tries to bring surprises each time, trying new platforms, bringing new products whereas most of the competitors are stuck or wait for Binance to do and then copy which always leaves them steps behind

* Binance isn't acting greedy- Ideally, Binance has been one of the exchanges taking things pace by pace.. just look at te number of IEOs a month, and their maximum sales cap as well, the number of normal token listing a month, the trading fees, etc. In fact, Binance could issue as many IEOs as they want and it'll all be sold out, or even list as many tokens as they wish but they're taking steps carefully and not trying to be "greedy"

They've won many hearts already- Binance can be considered as one of the loved exchanges in the space.

Aside these are the numerous advantages of trading at Binance.

Even though many people see Binance as trying to monopolize the space, I see it as they're thinking as entrepreneurs whereas their competitors are "sleeping." And with that, they'll really reign for long.

Of course binance is just trying to make impact in their field of business. Now some people think of it as Monopoly where in other exchanges does not make constant effort to make a competition on binance that's why it is always on top of the exchange list.
member
Activity: 684
Merit: 10
June 28, 2019, 05:07:47 PM
#33
I love Binance, and I respect CZ and his work, but never forget that he does not owe us anything, and that at any moment it could be over.
member
Activity: 756
Merit: 14
June 28, 2019, 04:56:03 PM
#32
So far I'm impressed with the work of binance this days and I feel its just the beginning for finance and its bnb token ,now that finance dex is been created it will be very hard to see new competitors that will stand head to head against binance
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