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Topic: What exchange is better than binance? - page 11. (Read 5805 times)

full member
Activity: 1624
Merit: 163
August 23, 2019, 04:37:39 AM
#32
Depends on your taste. I doubt that Binance will bankrupt anytime soon because of how big it is. It's one of the biggest so it might even prosper in the future. If you are unsure about Binance because of the happenings lately, try Kucoin. It's a big exchange with big volume. If you want a decentralized exchange, maybe try Bisq. If KYC's not a problem for you, Poloniex is another big exchange.
full member
Activity: 980
Merit: 109
August 23, 2019, 04:37:09 AM
#31
I like the Bittrex and Poloniex exchanges. True, at the last (at Poloniex) now the trading volume is not very large.
member
Activity: 630
Merit: 13
Crypto ✪ Enthusiast
August 23, 2019, 04:19:33 AM
#30
Why are you too afraid of the hacker issue? hackers will not be able to enter without the mistakes of their victims. Changelly is the best alternative for exchanges because there you don't need to create an account anymore. Very simple and safe I think.
full member
Activity: 1148
Merit: 116
August 23, 2019, 03:40:42 AM
#29
If you are looking for a more reliable and balanced exchange you wont get a answer than binance exchange itself,there are few other strong exchanges like huobi and coinbase but not enough reputation like that of binance on my own list,after binance i will pick coinbase but for now binance triumph over other exchanges even withstanding recent hacks defined how strong the exchange is.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
August 23, 2019, 03:40:16 AM
#28
I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about
If you are worrying about hack fund and database then I can say any internet system isn't safe by the way. And then you shouldn't trust any centralized exchanges who are asking for KYC verification. Decentralized exchange will never ask your personal details and for that reason it is safe. However, any exchange do not want to lose their reputation and they are trying their best to keep save user data. But fortunately hackers/scammers are more smarter than us. Incidents could happen any time even there is no guarantee for our life.
agree with this argument. a long time ago, the internet has become one place that is very suitable for hackers who have an extraordinary ability to hack or penetrate the defense of the security system. In fact, binance is one of the targets. it's just that the team of binance is very professional in dealing with this, so I don't think binance will go bankrupt when they are still trying to develop. besides that, there are quite a lot of exchangers out there who have the same potential as binance, like huobi, and those mentioned above.

You are free to choose any exchanger that you like, but so far, I might stick to binance, because it's still very valuable, besides, there is no guarantee that the other exchanger is safe from hacker attacks. when binance has gone bankrupt because of a hacker attack, there is a possibility that it also has the potential for others.
hero member
Activity: 2268
Merit: 588
You own the pen
August 23, 2019, 03:21:23 AM
#27
There's no way that Binance can be bankrupt by just one single hack because they have a counter-strategy about that thing they can use their own funds to recover the loss of their clients.

Other exchanges don't have this kind of thing, if they got hacked then they will have a hard time to recover and mostly they will go bankrupt.

Binance, on the other hand, is the current No. 1 exchange as of this moment, they have more security because more hacker will go on their way.
full member
Activity: 784
Merit: 101
August 23, 2019, 03:19:29 AM
#26
The second biggest one is Coinbase, tgey offer buying cryptocurrencies with a creditcard but I think that they have pretty high fees. Also I love the Coinbase earn program where you can get some free coins.  Wink
member
Activity: 600
Merit: 10
August 23, 2019, 02:50:35 AM
#25
if I believe that binance is also a very large exchange, then I think binance will also be difficult to go bankrupt at that time, because I believe binance is also a good choice for me to use trading every day.
sr. member
Activity: 1988
Merit: 275
August 23, 2019, 02:37:43 AM
#24
Many exchanges are better than binance, for example like bitforex, bittrex, kucoin, and many others, you can see exchanges that have a rating on the coinmarketcap site, because exchanges that have been registered on the site I feel are very safe to use, and here I am not discuss about hacker attacks and scandals that have occurred in the binary exchange.

There are several exchanges that you can really put in a category that are better than in binance. Like for instance, if you have a coin to trade with and that coin is not listed in BNB, what will you do? Obviously, you will use the exchange where it is currently listed, right? So where is the BNB in that picture? BNB can't cater all the needs of crypto users, they have limitations also. And I guess, not all users are comfortable using their exchange.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 23, 2019, 02:33:24 AM
#23
Many exchanges are better than binance, for example like bitforex, bittrex, kucoin, and many others, you can see exchanges that have a rating on the coinmarketcap site, because exchanges that have been registered on the site I feel are very safe to use, and here I am not discuss about hacker attacks and scandals that have occurred in the binary exchange.
member
Activity: 938
Merit: 14
Earn more with Earn Network
August 22, 2019, 11:16:26 PM
#22
Binance has good records when it comes to secured and smooth transactions. It has also got high volumes and liquidity which facilitates trading on the platform, however, Bitrue is one exchange platform emerging gradually with great potentials. Its security is unparalleled although it got hacked recently. Investors and users of the Bitrue exchange platform are insured hence will get repaid in case accounts and funds are hacked.
This is what caused the Binance CEO, Changpeng Zhao to congratulate Bitrue. https://berminal.com/news/all/128275/Binances-CZ-announces-antifraud-system-as-community-praises-Bitrues-response-to-hack
member
Activity: 350
Merit: 10
August 22, 2019, 06:57:19 PM
#21
Binance is the biggest exchange at the moment, but unfortunately they have now become the target of hackers.  For this reason, many Binance members are worried.  You can try trading on DigiFinex, BitForex, Indodax and BittreX exchanges.  I have never heard of these exchanges getting attacked by hackers, maybe it's safer than Binance.
copper member
Activity: 322
Merit: 8
August 22, 2019, 06:47:41 PM
#20
I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

It is hard to see binance going bankrupt but who know? Anything can happen in this crazy world of cryptocurrency. If you are scared of hackers stealing your private data and your funds, then you should consider using a decentralized exchange more. So I will recommend idex for this.
full member
Activity: 952
Merit: 104
August 22, 2019, 06:44:29 PM
#19
I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about



Do not scared yourself just relax and be calm, that hacking attack plan I think the binnace team is ready for this situation and they create full security system to protect the exchange
By the way there's a lot of trusted excahnge same from almost same from binance easy and hacpve fair transaxtion feees for example is poloniex.
member
Activity: 546
Merit: 11
August 22, 2019, 05:58:38 PM
#18
I have used various exchanges but I haven't seen one that is better than Binance. Their interface is better and much simpler to use, and they have more trading pairs than any other exchange.
full member
Activity: 371
Merit: 100
August 22, 2019, 05:24:35 PM
#17
I dont think BINANCE will go bankcrupt anytime or sooner.
With the hacking happened before, i think it is much safer to deal with them.
They are now better and much secured. Every exchange has their own weakness what is good with BINANCE they learned their lesson.
full member
Activity: 798
Merit: 103
August 22, 2019, 04:39:10 PM
#16
I don't really know which exchange is the best or whatever. The only thing that interest me is to be able to sell the coins at an exchange with a volume of exchange which is enough for the number of coins i want to trade. I am a small coins holder, so it doesn't have a big importance to have a very fast exchange. Slower exchanges sometime are better as you can anticipate the price movement and you have more time to take a decision. But if you are a professional day trader, a fast exchange is surely important.
full member
Activity: 265
Merit: 102
August 22, 2019, 04:20:12 PM
#15
You can see a lot of trading site in coinmarketcap so study all of it then actually they all trusted and popular too then better to use

I recommend huobi because many users really like this then they always develop this then coinomi even this is wallet only and not a trading site then this is already like trading site then use also coinbase
jr. member
Activity: 284
Merit: 5
August 22, 2019, 04:25:27 PM
#15
Lol, anyways anything can happen but ideally if Binance isn't lying to us about their SAFU funds/wallets then i think it will be difficult for them to go bankrupt. Nevertheless, you should also know that all crypto exchanges possess similar risks. Just make sure you don't leave very large amounts of your money at exchanges.
newbie
Activity: 14
Merit: 0
August 22, 2019, 03:24:15 PM
#14
I trade on ecxx. They are based in Singapore (the Switzerland of Asia), are backed by a 44 million dollar funding round, and use Ledger Vault cold storage. I don't think anything else comes close.
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