We cannot deny the fact that binance exchange site is being popular to the cryptoworld its being used by so many trader even me Im using this platform but personally not only binance exchange site is the best to trade. This is depend on the user if they want to use binance or other exchange site platform.
Yea, I know too that we have very reliable exchanges in the market, even if they are few, but people will always like to associate with the leader of them all, and when it comes to choosing an exchange, the first exchange that will come to anyone’s mind would be Binance exchange because of their popularity which is caused by their effectiveness and quality services they render, and except newbies who are not much well aware of the goings in the cryptocurrency world are the ones that would not prefer Binance first.
The only challenge that I have seen so far with Binance is their hacking issue in which they never envisage they could have such loop whole for a scammer to come in, and I am sure that scammer would have taken several years to really try hard before breaking in and not like they broke in that easily, but aside that, every other thing with them is better than other exchanges.