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Topic: Why the hate on binance exchange - page 6. (Read 1078 times)

sr. member
Activity: 574
Merit: 250
July 21, 2021, 07:01:27 AM
#43
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
Actually, I won't hide anything. Personally, I'm a big supporter of Binance exchange since I knew this exchange properly. Even exchange isn't enough to support, Trust Wallet, blockchain, own coin, BUSD. Now their P2P exchange support is also great but not free. In future, CZ can force us to pay an extra fee then we have to pay. We don't like monopoly. That's why we all like crypto. You have to think about your future like the decentralization of DAI and Tether.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 21, 2021, 05:57:50 AM
#42
It's the biggest exchange in crypto so basically there will be fud and various attacks on it I think is just a normal thing since non of their customers are complaining. Kucoin was my favorite exchange before I made a switch to binance and seriously they are doing great
Even if they have complained about their customers, they will try their best to solve the problem because they understand that satisfying their members will be their job. If their members can get those feeling, their members will stay and trade with their exchanges. Yes, Kucoin is a good exchange among the other exchanges, and I admit that Kucoin needs more improvement with their site because they need to list their coin at the other exchange to become bigger like Binance.
full member
Activity: 1736
Merit: 116
July 21, 2021, 04:00:55 AM
#41
There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.

Even though Binance is still the best exchange right now, we can't expect everyone to like Binance. There will always be haters, because there are
always people who are not happy to see other people's success. So there will always be people trying to take Binance down, this is a common occurrence.
Now Binance has to show its quality as the best exchange, so as not to give the haters a chance to bring Binance down.
copper member
Activity: 2744
Merit: 1250
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July 21, 2021, 03:55:19 AM
#40
What hate are you talking about? Is it all the regulations being reprimanded to them that they say that they don't comply? Or some sort? Many envious people probably aim to have the same thing Binance has and wants to copy and reach.

Anyway, I hope you include some sources as to why you are saying this. I can't seem to find hate other than regulations etc. 
legendary
Activity: 2982
Merit: 1028
July 21, 2021, 03:50:39 AM
#39
There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.

That's true! Once you climbed up to the top then expect haters to comes up chasing you,

Regulations seen  a lots of success by this exchange they are trying to find ways to get something out from this business, by rules, they can make more laws or add rulings that may slow this exchange to exist, but the determination its owner showing that they are not giving anything up, as long as there are places that will allow them to exist they are here to stay.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
July 21, 2021, 03:13:45 AM
#38
There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
July 21, 2021, 02:59:30 AM
#37
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 always hater on a successful project, probably competitors or late investors but you cannot argue with success, Binance has given us the best services in the industry, there are no serious accusations on Binance, the launching of their Binance smart chain to offer cross-chain greatly helped the industry to have a cheap and fast transaction.

I think what he meant is the regulators (SEC and FED) that kept finding faults to binance just as it did happen recently which they were trying to pin the company for unauthorized operation in different countries and it's a not just violation but a criminal complaint. This operation I think is mainly trying to grip binance and the governments wanting to access databases which binance willingly comply with their regulations.

It's a coordinated effort of countries because it's not happening just in Thailand, Italy, and every other country.
hero member
Activity: 2814
Merit: 571
Leading Crypto Sports Betting & Casino Platform
July 21, 2021, 02:39:24 AM
#36
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 always hater on a successful project, probably competitors or late investors but you cannot argue with success, Binance has given us the best services in the industry, there are no serious accusations on Binance, the launching of their Binance smart chain to offer cross-chain greatly helped the industry to have a cheap and fast transaction.
hero member
Activity: 2142
Merit: 584
You own the pen
July 21, 2021, 02:28:25 AM
#35
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

It's just how things work every time they see their competitors leaving them behind so fast, they need a thing to pull them back which means they need some kind of reason to get their customers. This is how hard the competition in the crypto market is because if you are succeeding, you will see lots of allegations thrown at you, but I doubt Binance Exchange will be affected by that. They already know that things like this will happen when they reach the level of greatness in this industry. they have always solved great problems in the past, so negative things such as this one will not affect their growth and popularity.
full member
Activity: 798
Merit: 104
July 21, 2021, 01:08:27 AM
#34
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
We all know Binance is 4th strongest cryptocurrency in the digital world and only reason why they have been hunted for now it is because of money and power. They can do anything just to make money out of it and of course regulation are so strict but they have to consider it and can be solve by ways of giving and charitable amount for the country itself.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
July 20, 2021, 10:40:12 PM
#33
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
Well i do remember when CZ said they are doing research to list only good compliance coin, but look what binance now list every useless coin in the market in the name of profit, he even delete the tweet because he dont do what he said.
Well i do think binance makes a lot of wash trading and also one of the greates exchange in the world which many country afraid people are putting money in there to avoid to tax.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
July 20, 2021, 09:57:44 PM
#32
Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what?
It's a centralized exchange that's trying to have presence on different countries by setting up partnerships with local companies/individuals. How do you expect the country regulators to react? Implementing regulations isn't hating on anything.

Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far,
And this is what gets him into trouble. He dips his hands on matters that are highly regulated and fellows like you have no clue.
hero member
Activity: 1932
Merit: 622
ROLLBIT > Crypto's Most Rewarding Casino
July 20, 2021, 07:30:44 PM
#31
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
Who are they?
A country or what parties?
fyi, Binance is also not allowed in my country because it is not regulated here.
But no worry, we still can use it.
I am also a user of Binance, this is the most used exchange so far I am using and I like this  Cheesy

And about why people hate Binance, this is a very popular exchange, maybe the competitors, or people who have bad experiences with this exchange, or even some parties that don't like Binance because of the success.  Grin
Let it be

hero member
Activity: 955
Merit: 500
July 20, 2021, 07:06:49 PM
#30
I don't know if this is a plausible idea to you guys, but since Binance is dominating the market in such a hard way, do you think it is possible that highly regulated exchanges like Coinbase could be involved in Binance having trouble? I mean the best that could happen to exchanges like Coinbase is if Binance gets into trouble, users lose trust and switch over to another exchange. I wouldn't rule that possibility out.
member
Activity: 560
Merit: 26
July 20, 2021, 12:19:38 PM
#29
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

I was going through a thread where someone was accusing Coinbase, he/she thought Coinbase was responsible and hating because most of the news were carried by coin desk and its co-owned by Coinbase.
This hate happens lots especially in success firms, either internally or externally.
You as an investor just need to stay away from media and focus on the technical and adoption, u believe CZ is not sleeping and will handle the rest diplomatically.
member
Activity: 252
Merit: 10
July 20, 2021, 12:00:40 PM
#28
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
Because it is good from various sides related to the transaction process. I thought so, so the binance exchange was hounded by many. One of my reasons is that teamwork in giving the best is their main asset. That's my opinion friend, and I also really like the binance exchange.
full member
Activity: 294
Merit: 100
July 20, 2021, 11:45:03 AM
#27
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
Why do people chase Binance exchange, I think that Binance exchange is the best among other exchanges. I myself feel it right now. There is almost no shortage of Binance exchanges in my opinion.
sr. member
Activity: 1526
Merit: 252
July 20, 2021, 11:42:26 AM
#26
The taller the tree stood, the faster I wanted to hit. that's a saying that will always be a benchmark for those who are successful in pursuing a career in any industry. just like what Binance is currently experiencing, they are in the spotlight because so far the Binance exchange is very friendly with anyone, beginners or even parents who want to start trading crypto. All were well received by Binance. that's one simple reason, the rest of the system I'm not very good at discussing the current situation.
full member
Activity: 827
Merit: 100
July 20, 2021, 11:34:27 AM
#25
like the old saying "the taller the tree, the more wind it blows" and that's exactly what binance is experiencing right now. being the biggest exchange many competitors from other exchanges want to be like binance in any way to get binance out of the way. this is pure competition so it creates hatred
sr. member
Activity: 1344
Merit: 250
July 20, 2021, 06:00:06 AM
#24
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
it's already a risk on the Binance exchange because there are too many users and becoming a top 1 exchange it will be one of the keys and the problem will be more and more the best there must be a problem trying to undermine the dominance of Binance to threaten of course to try to take down CZ so that the exchange can falter and it's possible that binance may crash and fall in the future it all depends on CZ.
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