Topic: Binance vs Bitrex - page 2. (Read 7512 times)
Binance have feature - BNB. In this is difference between exchanges. Using BNB we have less fee. But BNB now more expensive every day.
TEAM BEHIND THE EXCHANGE & CUSTOMER SERVICE
FOUNDERS
Bittrex is an American company founded by Crypto enthusiasts. What started as a few friends who went Bitcoins together in 2011 eventually grew into a full exchange. All founders of Bittrex can be found here on the Bittrex about page. Almost all founders have a background in the (online) security at Amazon & BlackBerry.
Chang Peng Zhao
Binance was founded by ChangPeng Zhao. ChangPeng Zhao has led several successful startups and has in recent years specifically focused on the technology around financial platforms and crypto.
The rest of the Binance team also consists of experts in various fields.
FOUNDERS
Bittrex is an American company founded by Crypto enthusiasts. What started as a few friends who went Bitcoins together in 2011 eventually grew into a full exchange. All founders of Bittrex can be found here on the Bittrex about page. Almost all founders have a background in the (online) security at Amazon & BlackBerry.
Chang Peng Zhao
Binance was founded by ChangPeng Zhao. ChangPeng Zhao has led several successful startups and has in recent years specifically focused on the technology around financial platforms and crypto.
The rest of the Binance team also consists of experts in various fields.
after the BITTREX were suspended in December 2017, almost all the user verification went on to BINANCE very large. It affected his good reputation!
I did this myself as well, bittrex had such bad customer service and were acting so weird with their withdrawal limits that I moved everything to binance.
Yes and I've experienced that their support just always replied on me a bunch of email template and I'm so pissed.
Recently, Binance closed the registration of new users, but now registration has resumed, which indicates that the exchange is expanding and accepting new customers, and in occasion of Bitrex, of course, I generally do not like the situation, I already spoke about this
This is a good news if they have opened up as my friends were looking for registering sometime back and they were not allowed as it was closed. Also I think bitrex some how is better in terms of coins listed is more than that of binance. Will ask friends to check if they can register it now or not.
Recently, Binance closed the registration of new users, but now registration has resumed, which indicates that the exchange is expanding and accepting new customers, and in occasion of Bitrex, of course, I generally do not like the situation, I already spoke about this
In order to protect your money from risks, you must keep your deposit on several exchanges. Therefore, it is best to have an account on two exchanges. Only registration is now closed there.
What is that for logic? You spreading your coins out over several exchanges won't do anything in terms of providing yourself more security. Even more precise, you're exposing yourself to much more risk that way. Think about how exchanges are blocking accounts for whatever reason, hacks, inside thefts, data loss, etc. In order to avoid being a victim of coin loss, you shouldn't store your coins on exchanges. Offline storage makes sure (obviously assuming you do everything right) that you won't have to suffer any losses being caused by external factors.
I love binance. I find that the mobile app is fantastic and user friendly.
For me Binance is way better to use than Bittrex. I also used Bittrex for quite some time and still use it, but after Binance started their business and I started trading on there I dont want to miss that exchange anymore. Its just so much more convenient to trade there. Fees are way less and the performance of the site is way better. I vouch for Binance!
Hi
I just download binance exchange from play store and i feel that binance is better than bitrex,what is your opinion
Thanks
I already have an account on bittrex and at there I am trading very well but a few days ago I heard that Binance is the best of all so I decided to open one account at that exchange but when i went there I found that the site has closed the registrations for all the new users and they are updating their rules before open it for new users. I am waiting for them to open again for new users then I will check it. I just download binance exchange from play store and i feel that binance is better than bitrex,what is your opinion
Thanks
Both exchanges has its advantages. I both used it and i love how both of them works. Others have smaller fees, while other have more than coins to trade with. You also might wanna try poloniex and crytopia. It may seems hard to operate different exchanges but you'll see how the market goes differently. Some times, you can buy lower and sell with others. Just a piece of advice but for me , Binance and bittrex is a Thumbs Up!
after the BITTREX were suspended in December 2017, almost all the user verification went on to BINANCE very large. It affected his good reputation!
I did this myself as well, bittrex had such bad customer service and were acting so weird with their withdrawal limits that I moved everything to binance.
Well for now, Binance doesn't have a negative feedback about poor handling of customer's concern.
But Im seeing this trading site will also have a problem like that in the future by high chances so better don't expect too much. Im not negative towards this site but Im just stating a close thing that can happened. It really happened at all trading site no matter how big they are.
The two exchanges are obviously among the top and best exchanges in the cryptospace. They are particularly my favourite as I use both of them for my trading and the experience has been great. Simplicity and easy of use is seen in both platforms.
Binance has taken the lead now. The main reason is buy listing new coins. Can you remember when Bittrex listed a coin last time? Also Binance is not only a trading platfrom, but an ICO platform as well. Both ICOs that were held on it were very successful.
after the BITTREX were suspended in December 2017, almost all the user verification went on to BINANCE very large. It affected his good reputation!
I did this myself as well, bittrex had such bad customer service and were acting so weird with their withdrawal limits that I moved everything to binance.
In order to protect your money from risks, you must keep your deposit on several exchanges. Therefore, it is best to have an account on two exchanges. Only registration is now closed there.
after the BITTREX were suspended in December 2017, almost all the user verification went on to BINANCE very large. It affected his good reputation!
Now I've heard many good and new BINANCE users. I think she will go against Bitrex
Binance faster easier to use and NO KYC.. KYC is really important in the CRYPTO-currency world.
iam prefered use bianance
1 volume transaction binance above bittrex
2 without verfication binance account still can withdraw unti 2 bitcoin, bittrex only 0.4 bitcoin
1 volume transaction binance above bittrex
2 without verfication binance account still can withdraw unti 2 bitcoin, bittrex only 0.4 bitcoin
I do prefer binance myself as well, very quick platform, bittrex can take some time for loading the prices etc. However, bittrex is cheaper for withdrawals looks like than binance. Anyways, not everything what is on binance is on bittrex.
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