Binance traders are making more money than other traders

Psynthax

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Quote from: yvesp110 on June 13, 2019, 05:21:45 AM

Quote from: anume123 on June 12, 2019, 05:29:20 AM

Quote from: AjithBtc on June 12, 2019, 04:32:51 AM

Quote from: GreenStox on June 12, 2019, 03:53:57 AM

Quote from: ?? on ??

Binance is definitely one of the main driving forces of the digital asset market, it is constantly developing, increasing liquidity, giving start and financial flows to new projects, so it allows traders to earn more

nowadays it is not only a binance exchange that is the center of all cryptocurrency price movements, but there are still a number of large exchange places that become a benchmark for traders such as upbit and other large exchange places.

Binance being the one with the increased trading volume, trades gets executed very easily. Whatever the exchange we use doesn't matter, what matters is the investment over the right asset. To be good with trading it is a must to go with altcoins that have good growth potential, good trading volume, as well limited volatility with time to make a profit between the buying and selling.

Ofcourse binance get in top1 exchange in coinmarketcap as you will see every traders get using binance and have a big volume for all exchange platforms.

That is one reason behind why Binance users make big money in trading. Another reason is the trust of the users. We know that the best exchange was hacked couple of months ago and it would have ruined the fame of the exchange had @CZ Binance not announced about covering the losses of the people and compensating them. This was what saved Binance from bankruptcy and since the trading volume is high, it is a great place to make money at.

A big volume can be considered as the main factor why almost all of IEOs that already launched on binance were successful. Binance gets big volume by a lot of people around the world and that will be very easy to create FOMO. Remember people are outside of binance exchange site will be eventually joining with them after they have seen what has got by the binance traders.

yvesp110

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Quote from: anume123 on June 12, 2019, 05:29:20 AM

Quote from: AjithBtc on June 12, 2019, 04:32:51 AM

Quote from: GreenStox on June 12, 2019, 03:53:57 AM

Quote from: ?? on ??

Binance is definitely one of the main driving forces of the digital asset market, it is constantly developing, increasing liquidity, giving start and financial flows to new projects, so it allows traders to earn more

nowadays it is not only a binance exchange that is the center of all cryptocurrency price movements, but there are still a number of large exchange places that become a benchmark for traders such as upbit and other large exchange places.

Binance being the one with the increased trading volume, trades gets executed very easily. Whatever the exchange we use doesn't matter, what matters is the investment over the right asset. To be good with trading it is a must to go with altcoins that have good growth potential, good trading volume, as well limited volatility with time to make a profit between the buying and selling.

Ofcourse binance get in top1 exchange in coinmarketcap as you will see every traders get using binance and have a big volume for all exchange platforms.

That is one reason behind why Binance users make big money in trading. Another reason is the trust of the users. We know that the best exchange was hacked couple of months ago and it would have ruined the fame of the exchange had @CZ Binance not announced about covering the losses of the people and compensating them. This was what saved Binance from bankruptcy and since the trading volume is high, it is a great place to make money at.

anume123

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Quote from: AjithBtc on June 12, 2019, 04:32:51 AM

Quote from: GreenStox on June 12, 2019, 03:53:57 AM

Quote from: ?? on ??

Binance is definitely one of the main driving forces of the digital asset market, it is constantly developing, increasing liquidity, giving start and financial flows to new projects, so it allows traders to earn more

nowadays it is not only a binance exchange that is the center of all cryptocurrency price movements, but there are still a number of large exchange places that become a benchmark for traders such as upbit and other large exchange places.

Binance being the one with the increased trading volume, trades gets executed very easily. Whatever the exchange we use doesn't matter, what matters is the investment over the right asset. To be good with trading it is a must to go with altcoins that have good growth potential, good trading volume, as well limited volatility with time to make a profit between the buying and selling.

Ofcourse binance get in top1 exchange in coinmarketcap as you will see every traders get using binance and have a big volume for all exchange platforms.

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Quote from: GreenStox on June 12, 2019, 03:53:57 AM

Quote from: ?? on ??

Binance is definitely one of the main driving forces of the digital asset market, it is constantly developing, increasing liquidity, giving start and financial flows to new projects, so it allows traders to earn more

nowadays it is not only a binance exchange that is the center of all cryptocurrency price movements, but there are still a number of large exchange places that become a benchmark for traders such as upbit and other large exchange places.

Binance being the one with the increased trading volume, trades gets executed very easily. Whatever the exchange we use doesn't matter, what matters is the investment over the right asset. To be good with trading it is a must to go with altcoins that have good growth potential, good trading volume, as well limited volatility with time to make a profit between the buying and selling.

GreenStox

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Quote from: ?? on ??

Binance is definitely one of the main driving forces of the digital asset market, it is constantly developing, increasing liquidity, giving start and financial flows to new projects, so it allows traders to earn more

nowadays it is not only a binance exchange that is the center of all cryptocurrency price movements, but there are still a number of large exchange places that become a benchmark for traders such as upbit and other large exchange places.

xSkylarx

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It's the top 1 exchange right now so it would not be surprising. Many people prefer high volume exchange than others. They have an app too that is mobile friendly. They also allow small traders like me to trade without having to do kyc. Unlike others you need to comply first to their kyc even if you'll just trade less than 1 btc.

jho0810

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We all know that Binance is the top exchange in the crypto so of course big traders choose that because they gain big profits when there have a new coin that will list to their exchange. Traders is more like gain profits so they choice the best one to make profits.

seleme

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Binance is big platform and it is easier to make money with arbitraging the triangle coins. Triangle arbitrages let us to make more BTC with help of API keys in such platforms. Volume is also important factor in arbitrage because of the the sufficient liquidity on the exchanges.

galundan9

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This market looks a step ahead of other markets, I see a lot of non-bot volumes with good enthusiasm. some developments also look adaptive in binance launchpad and even binance jersey, maybe other markets have more interesting things, but the increase in volume that is growing more massive does not have better potential

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Quote from: crabby on June 11, 2019, 03:52:05 PM

Quote from: SirLancelot on June 11, 2019, 02:46:15 AM

Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I am. Not believing that cause you're just assuming and you don't know what you're saying. What I believe is that no matter the exchange you're making use of there is equal chances for everyone to make money from the website and there is nothing like binance being the one that makes you the most money. There are risks in every exchanges and no matter the leverage, it doesn't change the fact that only a few people makes money from trading while the rest are just losers who keeps on losing all the time they try to trade and their money goes out to the winners and exchanges.

Thank you for the comment! I encourage you to read the article so you have a better understanding of why this is true. I used precise studies to evaluate this hypothesis. Please let me know if you have any questions once you get a chance to read the article!

If you think in the positive way, it will be positive to the everyone and if you think in negative way then every thing will be negative, so not only in binance, other exchanges who are trading potential coons are making money through trading.

rhodelmabanal

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Quote from: crabby on June 11, 2019, 03:52:05 PM

Quote from: SirLancelot on June 11, 2019, 02:46:15 AM

Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I am. Not believing that cause you're just assuming and you don't know what you're saying. What I believe is that no matter the exchange you're making use of there is equal chances for everyone to make money from the website and there is nothing like binance being the one that makes you the most money. There are risks in every exchanges and no matter the leverage, it doesn't change the fact that only a few people makes money from trading while the rest are just losers who keeps on losing all the time they try to trade and their money goes out to the winners and exchanges.

Thank you for the comment! I encourage you to read the article so you have a better understanding of why this is true. I used precise studies to evaluate this hypothesis. Please let me know if you have any questions once you get a chance to read the article!

Yes, reading articles might help us be feed by informations coming out from any social media news. Most probably based on what I've heared from shares around twitter and other facebook shares, binance had really great journey right now particular on trading. Most of the traders got great profit since previous price of their token was cheaper and yet now became very much profitable. As per checking I think their bnb token was now x5 compared from last year's price.

crabby

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Quote from: SirLancelot on June 11, 2019, 02:46:15 AM

Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I am. Not believing that cause you're just assuming and you don't know what you're saying. What I believe is that no matter the exchange you're making use of there is equal chances for everyone to make money from the website and there is nothing like binance being the one that makes you the most money. There are risks in every exchanges and no matter the leverage, it doesn't change the fact that only a few people makes money from trading while the rest are just losers who keeps on losing all the time they try to trade and their money goes out to the winners and exchanges.

Thank you for the comment! I encourage you to read the article so you have a better understanding of why this is true. I used precise studies to evaluate this hypothesis. Please let me know if you have any questions once you get a chance to read the article!

SirLancelot

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Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I am. Not believing that cause you're just assuming and you don't know what you're saying. What I believe is that no matter the exchange you're making use of there is equal chances for everyone to make money from the website and there is nothing like binance being the one that makes you the most money. There are risks in every exchanges and no matter the leverage, it doesn't change the fact that only a few people makes money from trading while the rest are just losers who keeps on losing all the time they try to trade and their money goes out to the winners and exchanges.

SvonioneFromMangoCoinz

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Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

That's right. IEO projects have made many investors have huge profits. Matic has compared the price of IEO, Celer and BTT to bring a lot of profit to investors. Most recently, Harmony has brought in profits up to 800% for those who are fortunate to buy tokens.
that's why we see the price of BNB has been continuously increasing in recent years.

whyrqa-1

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It seems to me that we need to wait and follow the development of events, because binance plans to occupy a very good position in the cryptocurrency market precisely thanks to IEO. Some analysts talk about competition with ethereum.

idham29

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Quote from: rysea2 on May 25, 2019, 04:16:09 PM

Basically Binance is one of the big exchanges so that many people use it and it results in the increase and decrease in prices will be fast and for those who can read it they can take advantage of it. However, according to me, some of the pins in the article also greatly affect how traders in binance can be more profitable.

Binance is a prospective coin to become an investment portfolio, because prices always rise in line with the increase in bitcoin, but Binance's added value is affiliated with crypto exchanges so it is more trusted by the market.
Indeed, Binance's price is below ETH or LTC, but the value held is quite promising for trading, including coins that have large volumes.

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Quote from: Hypnosis00 on May 27, 2019, 08:31:32 AM

Quote from: btc78 on May 27, 2019, 07:29:17 AM

Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

Clearly it’s just a study but nothing assured us about such ideas,binance is indeed a good exchange but there are other good exchanges that exist for long and proven to be more functional and accurate,..

Though it is just a study, if OP is religiously gathered those data it eventually reflecting the possible result that using Binance exchange will build a good profit than of the other. If we analyze the data, it is proven.

Quote from: btc78 on May 27, 2019, 07:29:17 AM

i am sure binance had lost many investors since that’s a serious hacking involving millions of dollars

Not really give a huge effect on the market and I doubt that investors will leave Binance because of these issues. They are protecting their reputation and so the will immediately address the problem and take action for the resolution of it.

I think yeah there is an edge to the Binance users in making money as compared to those on other exchanges. It is because this is the best exchange and has more than 90% of the crypto users which makes trading on the exchange a bit easy and less time consuming. The exchange provides extra security which makes it possible to take away the money you make without loosing it to hacks.

richmcrich

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Quote from: pieppiep on May 24, 2019, 07:42:34 AM

Quote from: Babyrica0226 on May 24, 2019, 07:35:51 AM

Quote from: IlVeroNico on December 14, 2018, 09:25:23 AM

You mean Binance has a Trading volume larger than any other exchange?

Well, according to the top exchange in the market Binance always on top 3 centralized platform according to the coinmarketcap.
Because of a large community they have to its platform exchange, no wonder that majority of their traders who used Binance platform
are always making profit everyday. Even recently, binance faced an issue about 7000BTC that has been stole by the hackers, binance
can still surpassed that circumstances anyway.

Maybe that is true, but we don't know anything about each trader, and maybe not most traders who trade on binance was made a bigger profit. I think in the other exchange, many traders are making a lot of profit too because they can find the right coin to buy and sell. So it is about how we choose the right coins to trade and make the profit.

There is no platform where people don’t make huge profit, provided they have the right trading strategy and the exchange has the speed and volume to make them able to execute their trading as quickly as possible.

I think the op is just trying to bring out the point that trading on binance is lot cheaper than trading on other platform because of so many benefits they give to their traders and also the trading fee that is quite very cheap for most of their users, but in the normal environment, people that makes more profit are people who invest with huge capitals and has the strategy to trade.

Hypnosis00

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Quote from: btc78 on May 27, 2019, 07:29:17 AM

Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

Clearly it’s just a study but nothing assured us about such ideas,binance is indeed a good exchange but there are other good exchanges that exist for long and proven to be more functional and accurate,..

Though it is just a study, if OP is religiously gathered those data it eventually reflecting the possible result that using Binance exchange will build a good profit than of the other. If we analyze the data, it is proven.

Quote from: btc78 on May 27, 2019, 07:29:17 AM

i am sure binance had lost many investors since that’s a serious hacking involving millions of dollars

Not really give a huge effect on the market and I doubt that investors will leave Binance because of these issues. They are protecting their reputation and so the will immediately address the problem and take action for the resolution of it.

btc78

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Quote from: crabby on December 13, 2018, 06:16:03 PM

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

Clearly it’s just a study but nothing assured us about such ideas,binance is indeed a good exchange but there are other good exchanges that exist for long and proven to be more functional and accurate,and about the hacking weeks ago?i am sure binance had lost many investors since that’s a serious hacking involving millions of dollars

Topic: Binance traders are making more money than other traders (Read 10594 times)