Binance want the best for crypto space

Cling18

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Quote from: D ltr on August 21, 2022, 09:03:27 AM

Binance is the perfect exchange in my opinion. Where the Binance system has very good protection so that all exchange activity they can see if there is a suspicion, they are quick to deal with it,

They have learned from the previous hackings and they're now doing everything to protect their users' security which is an advantage because most of us prefer safety. Hackers will always try to steal funds from exchanges but as Binance assures that they will always protect their users is a reason enough to gain the trust of many crypto traders.

D ltr

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Binance is the perfect exchange in my opinion. Where the Binance system has very good protection so that all exchange activity they can see if there is a suspicion, they are quick to deal with it,

Wahyuihib

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Artemis

I think this is a form of security that Binance has.By returning funds to consumers, of course this is a form of restoring trust to its users.

indo1

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Binance deserves to be said as the number one best crypto exchange in the world. the facilities, user-friendliness, security, development, team enthusiasm, and highly professional work of the binance team wowed everyone. I have always believed that Binance is a great exchange, until now no one has been able to compete with it.

Silberman

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Quote from: Untomabur on August 21, 2022, 01:55:03 PM

Quote from: D ltr on August 21, 2022, 09:03:27 AM

Binance is the perfect exchange in my opinion. Where the Binance system has very good protection so that all exchange activity they can see if there is a suspicion, they are quick to deal with it,

I'm a Binance user since 2017, and it's true that Binance is one of the best exchanges I've ever used,
there is no better exchange than Binance in my opinion, the trading volume in the spot market is also very large, so trading is easier

Many people complain about the big corporations, however big corporations like binance do not get to become like that because of luck or other similar factors, binance has done a great job over the years in satisfying the needs of their customers and in return their customers do not see the need to use any other exchange, and while I would like for more exchanges to appear and challenge the dominance of binance at the same time this is something that I do not believe is going to happen any time soon.

Untomabur

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Quote from: D ltr on August 21, 2022, 09:03:27 AM

Binance is the perfect exchange in my opinion. Where the Binance system has very good protection so that all exchange activity they can see if there is a suspicion, they are quick to deal with it,

I'm a Binance user since 2017, and it's true that Binance is one of the best exchanges I've ever used,
there is no better exchange than Binance in my opinion, the trading volume in the spot market is also very large, so trading is easier

KellyHands

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It's awesome to know that binance was at the top of the issue and was able to recover the stolen funds. I really don't know how this was achieved but I commend the binance team for making it possible. It shows that they have built a robust system that could easily detect stolen funds. I must confess that this is a great development for the cryptocurrency industry and would help to restore some level of sanity to the industry.

Ziskinberg

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Well, these crypto exchangers are not just aiming for earning a profit but to reach the number 1 spot among hundreds or thousands of crypto exchanges is also a desire. They are doing this in order to gain a reputation and as well more traders which in return, it is a huge profit for them.
In fact, as we look into this https://coinmarketcap.com/rankings/exchanges/, Binance had already ranked #1. I guess, what they need is to keep that position and to keep moving forward to be a far distant from others.

asriloni

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Quote from: indo1 on August 20, 2022, 04:35:41 AM

Binance deserves to be said as the number one best crypto exchange in the world. the facilities, user-friendliness, security, development, team enthusiasm, and highly professional work of the binance team wowed everyone. I have always believed that Binance is a great exchange, until now no one has been able to compete with it.

No doubt, it seems like that almost of everything already developed by binance for its own ecosystem and i would say that binance was the largest crypto but since CZ was actively on twitter and he was always making so many statements that triggering public to create various speculation. The fact if cex is really helpful compared with dex. Dex is full with plague especially defi where so many money being wasted caused being stolen by scammers.

koang

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Quote from: Inspiron14 on August 20, 2022, 09:15:50 AM

everyone in the world who knows cryptocurrencies certainly likes Binance, Binance is growing very fast,
and is the best exchange platform, it even beats Coinbase, and there is no doubt about the facilities there, staking, futures, loans,
and trading p2p is also very convenient and safe there, so that's why Binance is the best for all users.

Yep. And one thing for sure is that CZ is sticking to one project, Binance. Facts, strong dedication
Stay on Binance Safu your funds, only great exchanges are here to stay.

Lots of exchanges scam out there, their project founders move regularly, and Investors get hurt and lose trust.
new project, new identity, new strategy but the same outcome. They change skin like Chameleons.
The sad part is many keep on doing it and manage to get away every time by fooling people.
A founder should at least stick to one project and be completely dedicated to it.

Inspiron14

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everyone in the world who knows cryptocurrencies certainly likes Binance, Binance is growing very fast,
and is the best exchange platform, it even beats Coinbase, and there is no doubt about the facilities there, staking, futures, loans,
and trading p2p is also very convenient and safe there, so that's why Binance is the best for all users.

Shasha80

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Quote from: Oneandpure on August 20, 2022, 01:34:28 AM

Quote from: Beparanf on August 13, 2022, 05:25:08 AM

Of course they will do that because they are the one who benefit the most on booming cryptocurrency market. This move by CZ is also a good publicity for Binance at the same time because it will boost there reputation which leads to user increase confidence on using there exchange.

I knew CZ is doing this for a long time since the Luna crash occur that start this crypto dump. CZ main goal is too boost crypto market by protecting its user on fraud.

Binance is the best exchange with transparent all money receiving, but what happen when Luna crash I think Binance have bad side without delisting early before coin have zero values. I think Binance for the future need selective when listing new coins for careful what happening with Terra Luna, but CZ as Binance owner he know what the best way did for developing Binance become great exchange market at the future. Transparent publish about money receiving and try refund become best ideas and need appreciated what did by CZ and not all exchange developer have the same ideas for refund to their member, many exchange before have been scam because they don't refund for their money member like Cryptopia.

Binance's achievements in the crypto world are unquestionable, as it is not easy to become the best exchange in the crypto world, which Binance
has quite a few competitors. But Binance has proven that since operating in 2017 until now they have been quite successful, because they are still
the best exchanges and always maintain their reputation. Moreover, CZ as the founder of Binance is an experienced person in the crypto world,
therefore he was able to make Binance as big as it is now. I believe CZ and the Binance development team have tried their best, but it is very difficult
to be perfect, so Binance will always have flaws.

Like Binance was hit by hacker attacks, but they solve the problem quickly, so they can still operate again. In contrast to other exchanges that
do not resolve problems quickly and irresponsibly, then exchanges like Cryptopia immediately die and are no longer operating until now.
Regarding the issue of listing coins, I think Binance is very strict in determining which projects can be listed on Binance. Why is Binance late
in handling LUNA, I think Binance has its own thoughts, but if indeed their decision is wrong. I'm sure Binance will fix any mistakes soon,
that's why I always make Binance a priority where I trade.

Reid

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That's the normal thing to do if they want to preserve their business. It's not like they did it for fame or to be on the hype again.
A lot of questions will be thrown at them if they will just let this one slide on their own house.
Being a big exchange platform who were on top of all should always have this kind of flashy reaction of what comes in and out and that includes a team who are focused to quickly react to such things.
This should be a good lesson to others who are starting an exchange business.

Oneandpure

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Quote from: Beparanf on August 13, 2022, 05:25:08 AM

Of course they will do that because they are the one who benefit the most on booming cryptocurrency market. This move by CZ is also a good publicity for Binance at the same time because it will boost there reputation which leads to user increase confidence on using there exchange.

I knew CZ is doing this for a long time since the Luna crash occur that start this crypto dump. CZ main goal is too boost crypto market by protecting its user on fraud.

Binance is the best exchange with transparent all money receiving, but what happen when Luna crash I think Binance have bad side without delisting early before coin have zero values. I think Binance for the future need selective when listing new coins for careful what happening with Terra Luna, but CZ as Binance owner he know what the best way did for developing Binance become great exchange market at the future. Transparent publish about money receiving and try refund become best ideas and need appreciated what did by CZ and not all exchange developer have the same ideas for refund to their member, many exchange before have been scam because they don't refund for their money member like Cryptopia.

Silberman

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Quote from: gabbie2010 on August 19, 2022, 02:10:53 PM

Quote from: Lambe Ndumble on August 17, 2022, 05:49:35 AM

Binance exchanges is indeed worthy of getting high appreciation, when there is a problem then everything becomes easy, I actively use binance and active trading, in my opinion the thing that makes consumers satisfied is a safe asset, I have never been active for almost 3 years and when logging in all assets are still safe and safe and increase significantly.

Binance is a force to reckon with among the other top exchanges in term of securing cryptos, they are the best, I had also been a user since 2018 and a regular guest on daily basis as a trader, I am not surprise they recovered almost all the stolen coins, I believe the success recorded in the recovery of those coins can be attributed to their expertise in the field and assemblly of brilliant security experts who has the ability to trace and track stolen coins, I am convinced that Binance will make amendment or fix the bug or loopholes that aided the hacker to steal those coin as soon as possible.

Binance knows very well what it is at stake here, they know that even if they are one of the top exchanges in the market, if not the top exchange, this can change at any time if they do not make their best effort to provide the best attention possible to their clients and also do everything they can to protect them from scammers and hackers, traders and investors realize this and as such they keep using binance as their main exchange as they do not see any reason to not keep using them.

serjent05

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Quote from: Maliceprime on August 13, 2022, 04:33:27 AM

The binance team have done it again, they have recovered 80% of the lost fund from Curve Finance, the hacker thought no one was watching but he is wrong, every new crypto exchange needs to learn from binance exchange.

https://coinmarketcap.com/alexandria/article/binance-recovers-more-than-80-of-funds-stolen-in-curve-finance-attack

Binance has again proven its worth and shows why it is one of the better-centralized platforms in the industry. It looks like the hacker thinks only himself is witted disregarding other people might be more clever than him. His error shows it.

It is great to see a majority of the hack funds have been recovered. It is really a special feat that Binance are able to track the transaction and be able to prevent investors from losing fund. Since the hacker is sending the hacked token to Binance, I think they already have the name of the hacker since Binance often performs KYC.

gabbie2010

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Quote from: Lambe Ndumble on August 17, 2022, 05:49:35 AM

Binance exchanges is indeed worthy of getting high appreciation, when there is a problem then everything becomes easy, I actively use binance and active trading, in my opinion the thing that makes consumers satisfied is a safe asset, I have never been active for almost 3 years and when logging in all assets are still safe and safe and increase significantly.

Binance is a force to reckon with among the other top exchanges in term of securing cryptos, they are the best, I had also been a user since 2018 and a regular guest on daily basis as a trader, I am not surprise they recovered almost all the stolen coins, I believe the success recorded in the recovery of those coins can be attributed to their expertise in the field and assemblly of brilliant security experts who has the ability to trace and track stolen coins, I am convinced that Binance will make amendment or fix the bug or loopholes that aided the hacker to steal those coin as soon as possible.

Anonymous100

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Quote from: Maliceprime on August 13, 2022, 04:33:27 AM

The binance team have done it again, they have recovered 80% of the lost fund from Curve Finance, the hacker thought no one was watching but he is wrong, every new crypto exchange needs to learn from binance exchange.

https://coinmarketcap.com/alexandria/article/binance-recovers-more-than-80-of-funds-stolen-in-curve-finance-attack

This is what makes the Binance exchange the world's number one exchange, they are responsible for everything that happens. They don't ignore every hack that causes harm to users. Maybe this isn't the first time Binance has had a hacking problem.

GelatikKembar

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Quote from: Jeger.Kiting on August 19, 2022, 05:36:12 AM

Many people believe that the Binance exchange is indeed very good compared to other exchanges, because the Binance system has very strict protection for all their communities so that many hackers try to infiltrate and it will not penetrate. I think that new exchanges should follow the example of Binance exchange so that all communities have the convenience of trading on your exchange.

for now indeed Binance is still a top exchange with a very good level of security, I am also a binance user for a very long time,
and indeed there is nothing harmful, but indeed we as users must always be careful, we do not know the future,
so be wise in using your binance account, because a lot of people get scammed by fake sites

Rufsilf

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Quote from: Maliceprime on August 13, 2022, 04:33:27 AM

The binance team have done it again, they have recovered 80% of the lost fund from Curve Finance, the hacker thought no one was watching but he is wrong, every new crypto exchange needs to learn from binance exchange.

https://coinmarketcap.com/alexandria/article/binance-recovers-more-than-80-of-funds-stolen-in-curve-finance-attack

In order for them to survive the competition and sustain their market demand, they need to keep their reputation even stronger and develop quality services for their clients. And I think every exchange is hoping for the best of the crypto world as this is their business, unless if they are a scam exchange. But as what Binance did to the crypto space, the more it made a profit in returns for the absolute and constant development.
But what I can say is that Binance simply do the right things to keep them worthy enough to trust especially in things like this - hacking incidents.

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