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Topic: Is Binance the Best Exchange for Crypto trading? - page 2. (Read 7889 times)

sr. member
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if we are seen from here https://coinmarketcap.com/rankings/exchanges/reported/ and https://coinmarketcap.com/rankings/exchanges/ then we will see that Binance is not the best exchange,  so I think that Binance is one of the best exchange for crypto trading... not the best.
full member
Activity: 961
Merit: 110
SweetBet.com
Binance Rocks and is one of the biggest and safest crypto exchanges, but if you are a U.S. resident, please note that Binance will no longer be allowing US residents to use the exchange from 12 September I think. Binance will open an exchange for US residents at https://www.binance.us
full member
Activity: 1330
Merit: 147
Something I suspect is that if those companies that, through Binance, undergo IEO, fail or have very bad prospects, this will negatively affect the popularity of Binance and perhaps even its relevance in the cryptocurrency market.  By the way, the BNB token may fall because of this.
That is the consequences, through this matter I believe that an IEO that launch by some exchanges especially the reputable exchange such as binance or okex will take a thausand of thinking when they choose choose an IEO project that will be launched by them. Find more what is the company, how the team behind the project and the type of project itself. Although, for this time just a few person who pay attention the project itself, because they only need short term profit, if the project can be traded on the exchange they will sell it.
sr. member
Activity: 1624
Merit: 250
After IEO began to conduct new projects, the Binance ratings increased even higher.  Apparently, therefore, many users of cryptocurrency are showing increased interest in the BNB.
Binance is the first exchange to implement the IEO and also exchange to start the IEO trend until the present time. I think for this reason, this exchange has great trust from investors and those who have tickets at Binance exchange are the most fortunate in this market. I personally participate fully in IEO projects proposed by Binance because it is an opportunity to earn the highest profit instead of having to buy low and sell high
If I remember correctly, there were coins sold at exchanges before Binance. That is why I do not think Binance is the first "IEO proposer". Anyway, it is not gonna make any difference.
There are exchanges that can replace Binance, but seems people do not want to lose their earnings source. At least think of the hacked exchanges. Maybe it is dissimilar, but there are exchanges that can compete on other themes except providing money.
full member
Activity: 788
Merit: 100
No need an article, everyone know exchange was a good exchange because their volume was huge and number 1 exchange rank by coinmarketcap. Also how they protect the customer by SAFU was a great idea.
hero member
Activity: 1820
Merit: 515
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Something I suspect is that if those companies that, through Binance, undergo IEO, fail or have very bad prospects, this will negatively affect the popularity of Binance and perhaps even its relevance in the cryptocurrency market.  By the way, the BNB token may fall because of this.
I think binance exchange also aware of this so they were very selective while picking up the projects to promote and their platform.until now most of the projects promoted by them were giving good returns but in the long-term these projects can be dumped by the investors as well for that binance cannot take any responsibility for that.
member
Activity: 406
Merit: 10
it is surely that. I have been trading there for 3 years and I have never encountered any problems there. I always keep my money on exchanges because I trust them.
It is a large exchange, full of features such as stoploss (many exchanges lack this feature), margin trading, easy-to-see interface.
member
Activity: 672
Merit: 10
simply getting the job done
For everyone in crypto world, Binance is the best exchange platform. But not only Binance, there's many best exchange platform like Okex and Bittrex.
member
Activity: 630
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Something I suspect is that if those companies that, through Binance, undergo IEO, fail or have very bad prospects, this will negatively affect the popularity of Binance and perhaps even its relevance in the cryptocurrency market.  By the way, the BNB token may fall because of this.
newbie
Activity: 34
Merit: 0
Frankly speaking, Binance was amongst the top options when you talk about Crypto Exchange, but in last few months, I will be hesitant to put them into top 3. While I myself am using BitSeven, not exactly a famous or path-breaking platform but it’s highly safe and comfortable for me. So one has to ensure that he don’t just go about most popular and use it blindly, it always and must be always about what you are comfortable with at the end of the day.
hero member
Activity: 1274
Merit: 500
Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team
Binance is definitely the top 1 exchange at the moment. I have read a statistic table after 6 months from the beginning of 2019, Binance has gained more than 950 million dollars in exchanges and exchange has the greatest influence. Meanwhile, Bitfinex is losing more than $ 360 million in the first 6 months.
Based on the statistics, we have seen the growth of Binance very large and one of the most prestigious exchange to date.
Binance is trusted by all customers and this exchange always has a lot of good policies to keep their customers staying in this exchange so Binance is considered the leading exchange in the world. I think earning Binance profit mainly comes from transaction fee because every day this exchange has a very high trading volume and is always in the number one position at CMC. I personally used this Binance exchange for more than 1 year and will continue to stay in this exchange to make a profit
full member
Activity: 532
Merit: 100
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Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team
Binance is definitely the top 1 exchange at the moment. I have read a statistic table after 6 months from the beginning of 2019, Binance has gained more than 950 million dollars in exchanges and exchange has the greatest influence. Meanwhile, Bitfinex is losing more than $ 360 million in the first 6 months.
Based on the statistics, we have seen the growth of Binance very large and one of the most prestigious exchange to date.
legendary
Activity: 2352
Merit: 1101
After IEO began to conduct new projects, the Binance ratings increased even higher.  Apparently, therefore, many users of cryptocurrency are showing increased interest in the BNB.
Binance is the first exchange to implement the IEO and also exchange to start the IEO trend until the present time. I think for this reason, this exchange has great trust from investors and those who have tickets at Binance exchange are the most fortunate in this market. I personally participate fully in IEO projects proposed by Binance because it is an opportunity to earn the highest profit instead of having to buy low and sell high
I guess you mean trading, I am not against IEO or those who participate in IEO, I must confess to you that it was a very great initiative by Binance to curtail the level of scam that we have in the market that has almost destroyed the IEO, but if you still look at IEO, IEO is still not for the average income people, for you to participate in IEO, you must have that particular amount required to make an entry in IEO.

IEO is not also that easy to get, lucky you that you are able to participate in one, but we have so many persons out there that has never for once succeeded in making it to the IEO project despite the fact that they have the money, but look at trading, it is open to everyone, all you just need to do is have the right understanding of it.
hero member
Activity: 1274
Merit: 500
After IEO began to conduct new projects, the Binance ratings increased even higher.  Apparently, therefore, many users of cryptocurrency are showing increased interest in the BNB.
Binance is the first exchange to implement the IEO and also exchange to start the IEO trend until the present time. I think for this reason, this exchange has great trust from investors and those who have tickets at Binance exchange are the most fortunate in this market. I personally participate fully in IEO projects proposed by Binance because it is an opportunity to earn the highest profit instead of having to buy low and sell high
hero member
Activity: 1092
Merit: 500
Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team

I loved Binance platform, it always listed on top of the exchange at the coinmarketcap.
Almost most all of the coins to this platform have good volume and they an amazing traders too.
Just what I did now was that most of the time the top 10 exchange are the platform where I
frequently used if I want to make an actual trade in the market.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
I think until now, binance trading floor is doing very well. Most of the coins listed on binance are very strong. Trading volume is also very high to help us trade easily
If you look at the data over the internet, you would see that there are around 300 crypto exchanges but the best among them are exchanges like KuCoin exchange, Bittrex and Binance. Now the race between Binance and the other two has always been won by Binance because of the great, instant and cheap service offered by Binance. Binance claim to have more than 90% of the crypto users as its customers.

I don't think Binance holds 90% of customers because of Okex, Huobi is also the top two exchanges and is very prestigious up to the present time. In my opinion, all three exchanges have the best security, but if you talk about property, Binance is the richest exchange in this market and this exchange is often Airdrop of big coins for BNB holders. So this is exchange that makes many houses feel the most excited during this period
member
Activity: 805
Merit: 26
Well, it definitely based upon the person that trades. Binance is the famous cryptocurrency exchange but in terms of services and fees, there are still ahead of it. But binance is the market that traders hide, most of the time we can see the hype in binance than in other exchanges. As a matter of fact, IEO`s are easily be bought and sold out in binance. And I think it is the advantage of binance than other exchanges.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
Binance managed to amaze crypto users with their IEO. just look at their IEO is always successful, this is a binary reason to have a large community and growing every time.
everyone believes binance provides a big advantage for its users.
They become successful because in the first place, those project owners and developers put their efforts and show full support toward their project. Not only just because of its name and popularity of Binance exchange but investors feel something that could give them some sort of profits in the end.

One more surprising thing is when the case of a hack against binance. binance has funds to ensure that all members feel safe it is a very good service and is not on another exchange.
hero member
Activity: 1092
Merit: 501
I think until now, binance trading floor is doing very well. Most of the coins listed on binance are very strong. Trading volume is also very high to help us trade easily
If you look at the data over the internet, you would see that there are around 300 crypto exchanges but the best among them are exchanges like KuCoin exchange, Bittrex and Binance. Now the race between Binance and the other two has always been won by Binance because of the great, instant and cheap service offered by Binance. Binance claim to have more than 90% of the crypto users as its customers.
full member
Activity: 447
Merit: 100
Thanks for your sharing. I used Binance from the end of 2017, almost as if they had just debuted for a few months, and the experience so far is still very satisfying. Fast processing speed, large trading volume and many strategies to create a trend for the market, I believe Binance will still hold the current position in the near future.
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