Topic: Why the hate on binance exchange - page 3. (Read 1078 times)
It is very possible that somebody hate Binance because somehow it seems bias to list some tokens which looks not worthy than some tokens with real use case and full potential. Nevertheless, Binance remain the top exchange so far. But even it is the best not all listed are potential because there are listed in Binance and dump dramatically.
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
Nothing I can think of these are false accusations, Binance is doing great their latest innovation the cross-chain has given the community the best option to trade their token in the Ethereum to a much cheaper transaction fee, I've been using Binance for a long time, and just wished that all the tokens I'm holding will be traded in Binance, all the coins in their platform have potential and this is every developer's wish or goal to get listed on Binance.
Haters will always hate especially when you are growing as a business and your popularity is advancing well, binance started from the bottom like every other business and work their way to the very top, not only that they were able to expand the scope of their business smoothly by introducing different ways of rendering services, people may accuse cz of playing dirty games but for a business to succeed some certain decisions must be taken that others may not find very pleasant, Elon did not get to the top by being polite. You must learn to take the bull by the horn, people will always critisize no matter what you do.
Also, people in crypto hate centralization and Binance has built the most centralized and groundbreaking company in crypto. Their use of the BNB token is something that will likely be studied in economics and business classes for decades to come.
And no one that is love by all, even bitcoin, it's hated by the government and some county even ban the use of bitcoin, so even if BNB has a lot of haters, what's important is it progresses and grow as one of the leading coins in the market.
Those hates will not prevail, Binance is doing great and helping the community and new investors to invest in Cryptocurrency, they have an academy on how newcomers can enter Cryptocurrency in the right way, and you can easily trade on Binance and all the coins listed are profitable they are the leaders in the exchange industry and competitors are trying to bring them down, but they are not going to suceed.
That hate is probably going to prevail I believe. As I said before as long as they have such a large market share they will also have a lot of enemies. The edge they have over others is insane. I wonder how much CZ is making on a single day. That's where the jealousy kicks in probably. Branding could always be awesome, that is why there are people who hate apple as well, apple is just making phones and computers, why would anyone "hate" something like that? I mean you may not own one, not prefer one, but "hate"? Really? Same logic here as well.
You can rarely distinguish money from power in this kind of environment. They use the money they have very wisely and effectively, pushing technology to the edge and beyond and building a global empire with offices in a lot of countries around the world. You can't attack them. If you attack them, they are just off to the next country. Since they make so much money, they can exert an enormous power over its competitors in all countries as you said. They don't even have to charge listing fees and can go so low with their trading fees that any other exchange couldn't even cover its operating cost. That is the issue when money- and power wise one company gets almost out of control. Binance is such a giant.
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
They've since the beginning operated in an illegal way, but stayed ahead of enforcement while awaiting clarification of laws. We've in the US seen Binance basically disappear, as I don't think Binance.us is ever run by the same company. Now I see that Binance is being restricted from trading US stock tokens. I'm surprised they had the balls to ever offer this to be honest, and I think it's an awesome development, but CZ and Binance have tested their limits and now they have to back down from regulators and see what they're going to be allowed to maintain going forward.
Also, people in crypto hate centralization and Binance has built the most centralized and groundbreaking company in crypto. Their use of the BNB token is something that will likely be studied in economics and business classes for decades to come.
Binance is the number one exchange in the world of cryptocurrencies.
For me it is also like for many, besides that it has the best score: https://coinmarketcap.com/rankings/exchanges/
You cannot trust Coinmarketcap and expect everything related to Binance will be updated even if there is something negative because they own the website as they purchased them from the old team for $400 million.For me it is also like for many, besides that it has the best score: https://coinmarketcap.com/rankings/exchanges/
I don't see any exchange outgrow it for a long time, as it is constantly updated to have the best products from a good exchange...
You never know, some of the major traded countries have banned Binance and asked to comply with the regulators but instead of complying they ran away and how long they will be running and Binance exploded into the scene recently and you will see another exploding like that which is willing to comply with the regulators and it is possible that it will surpass Binance as well 
.While you are right that their ownership of the website could lead to some skewed statistics, I think they have put a lot of effort into the website to have a decently accurate picture of the current industry. When you check data about Binance I would say it is about right. Do you know someone who is in crypto and doesn't use them?
Everybody uses Binance. 
Is there any tangible reason why binance exchange is been hunted?
When you are the best you will always be a target and knowing very well that Binance exchange serves as one of the biggest centralized exchanges , the regulators all want a piece of them and maybe find a way to kill crypto through clamping down of exchanges.Quote
It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
CZ good fellow indeed, and seems to be a step ahead. Binance is the number one exchange in the world of cryptocurrencies.
For me it is also like for many, besides that it has the best score: https://coinmarketcap.com/rankings/exchanges/
You cannot trust Coinmarketcap and expect everything related to Binance will be updated even if there is something negative because they own the website as they purchased them from the old team for $400 million.For me it is also like for many, besides that it has the best score: https://coinmarketcap.com/rankings/exchanges/
I don't see any exchange outgrow it for a long time, as it is constantly updated to have the best products from a good exchange...
You never know, some of the major traded countries have banned Binance and asked to comply with the regulators but instead of complying they ran away and how long they will be running and Binance exploded into the scene recently and you will see another exploding like that which is willing to comply with the regulators and it is possible that it will surpass Binance as well . 
As far as I know, countries are trying to prevent Binance from doing its activities because Binance denies to be audited by regulators. And this isn't fitting the goals of governments. Binance has been having some problems with countries like Germany, England and Japan. I hope that they solve these problems as soon as possible. It'd be really bad for the investors living in those countries.
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
CZ has done great job by turning a small size Chinese exchange 5 years back into world's leading exchange. It is an incredible job without any doubt. Its exchange coin BNB has shown more than 1000% growth in such a short period. They made wonders in every field of crypto industry so obviously their Business rivals will not digest this all and do everything to create hurdles on the way to further success but Binanace is too big to fail now and it will continue its growth journey..
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
You couldn't find any single person who doesn't love Binance and has a good reason to hate him. Only hate those people who don't like monopoly. Personally, I like every single service from Binance. I hate it because of our future. I know Binance will cost us more than now. I know because of this kind of situation I have been facing since Binance launched.
From the way I see it I think for governments who have banned the trade of bitcoin in their respective countries and now getting to know that this citizen can actually access the crypto world using this binance as a link they will be wild knowing this fact and some other crucial reasons though known to them.
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
There's no hate happening to Binance. It's just that these countries are just trying to regulate and help its constituents in binance products like futures and stuffs like that. I also heard some rumors where Binance are trading against its users which is no evidence are found yet. It is quite absurd to think but if they truly doing that, its good for them to be in jail. 
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
Binance exchanger are built in such a way that they have features that other exchanges lag far behind. Due to its high security and fast exchange, everyone has confidence in it. And the binance team is constantly maintaining it and adding new features. So it is always to be the best and biggest exchange 
Binance is the number one exchange in the world, there will be a lot of jealous people, it is inevitable. I am also really satisfied with binance, first of all the 3-layer security of binance makes me feel really secure when I store my assets. When complaints occur they solve the problems for users promptly and satisfactorily.
Most of the opposition may come from two groups - the first group comprised of competitors (other exchanges, although I don't want to name them), and the second group comprised of scammers (promoters of scam ICO projects that were rejected by Binance, or people who use bots to manipulate the trade volume). Now they are such a huge business (with BNB having a market cap of >$50 billion), and it is natural to expect opposition from various sources. And in case they want to become successful in business, then they need to take care of this opposition (which I believe they are dealing well now).
Binance is the number one exchange in the world, there will be a lot of jealous people, it is inevitable. I am also really satisfied with binance, first of all the 3-layer security of binance makes me feel really secure when I store my assets. When complaints occur they solve the problems for users promptly and satisfactorily.
I'm sure binance has a lot of rivals, so some exchanges that are new or even old feel rivaled, there may just be some rivals of this binance who don't like it so they try to drop binance, but what a pu it is, I will give full support to binance.
Being the biggest cryptocurrency exchange means that all eyes focusing on it.
It is true, this is the big reason why some parties are intimidating Binance. As the number 1 crypto exchange, Binance is the icon of the success of crypto market existing. Those who hate crypto surely target Binance to be attenuated and restricted. They expect this will destroy the spirit of crypto users, but it's not. Crypto will always exist even without Binance, we have a lot of big exchanges already.Jump to: