The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto
Binance has been pleasing to investors all the time, and I am sure you will not lose money by participating in this exchange. Besides, if you have participated in trading here, you will definitely have a very different experience because this exchange is very suitable for new traders. However, before joining, you should learn carefully because in the past, this exchange has been attacked so only trust 70%. 
Topic: Why we trust binance exchange? - page 2. (Read 2432 times)
The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto
Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?
What is your opinion? Drop your experiences & Opinion?
I can only say that you need to have time to buy BNB tokens))) The exchange is top-end and I often trade on it. I like a lot of functionality and a nice interface, which became even better after the update.1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?
What is your opinion? Drop your experiences & Opinion?
and we have seen on how binance able to manage such stuff when they do experienced that breach wayback before. Trust isnt really something that can really be gained
easily by a platform. I remember those days where Binance is just starting up, they do try their best to give out the best user experience and cater all the needs and
now we do able to see on how far they've become.
Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?
What is your opinion? Drop your experiences & Opinion?
I can only say that you need to have time to buy BNB tokens))) The exchange is top-end and I often trade on it. I like a lot of functionality and a nice interface, which became even better after the update. 1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?
What is your opinion? Drop your experiences & Opinion?
Actaually it is a good question. But the question doesn’t only belongs to Binance. Is belonging to nearly everthing. Why do you trust a company? Why do you trust the doctor who you have never meet before? Because you have heard good things about them. And if you hearing it very often then trust develops.
Binance CEO has a physical presence and constantly looking to diversify into almost every blockchain venture gives binance a global reputation and that's the important thing for me to trust on Binance.
Basically, their reputation is my most wanted in binance exchange. Those who have been into this cryptocurrency industry as exchange has given us the positive mindset to believe them on positive delivery, binance has one of the best security and customers support service than any other cryptocurrency exchange. There is trustworthy from binance customers to their exchange, their listing is always a success for any project on their platform. When Binance first start it didn't have highest trading volume and IEO yet. What they had at that time, easy to use and friendly website designed, trading terminal, enthusiast support team, good strategies. I remember that time Polinex and Bittrex were biggest exchanges, they refused my KYC dozens times, while Binance completed it in a day. Because of that, now Binance is the biggest exchange.
Binance KYC is the best here. It's almost instant as long as requirements are met. KYC verification isn't also compulsory, it's only needed for increasing daily limit and withdrawals of fiats
Just for this reason alone regarding KYC verification, it's definitely a good reason for a lot of traders to trust Binance.
It's easy really, The reason we trust Binance because of it's rating and popularity. There's just a slight chance that BNB is turning against us. What if Binance is a scam? Well, If it is. Then it will shake the whole crypto world. It's like one of the main foundation of a building. Remove it the building goes tumbling down. Why? Because binance right now is the #1 coin and they own CMC. So if they are not legit. Why bother buy CMC? To get more attraction and scam people on the long run?
Actually, re: Binance owning CMC, this issue did raise some concerns about CMC losing their credibility.
It is very good for investment because it is the most secure and privacy.
I would like to disagree with it. Binance already suffered from hackers attack https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin. Also according to article https://cointelegraph.com/news/binance-kyc-breach-did-it-happen-and-if-so-whos-to-blame more than 10,000 identity photos (kyc) were stolen.
Also - not a single exchange is secure !
Re: trust, I totally agree that security is a very important factor indeed.
It is very good for investment because it is the most secure and privacy.
I would like to disagree with it. Binance already suffered from hackers attack https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin. Also according to article https://cointelegraph.com/news/binance-kyc-breach-did-it-happen-and-if-so-whos-to-blame more than 10,000 identity photos (kyc) were stolen.
Also - not a single exchange is secure !
Binance CEO has a physical presence and constantly looking to diversify into almost every blockchain venture gives binance a global reputation and that's the important thing for me to trust on Binance.
Let me add that it is user friendly, very responsive to questions through their customer support, also very quick to resolve some problems if any by the customers, and now I trust them even more because they now support direct deposit and withdraw to my local bank account, it couldn't get any better than that, binance is the best exchange like it or not.
First, they do have the best customer service team rather than most trading platforms making them one of the most trusted and efficient platforms out there second, when it comes to projects they do invest so much effort also most of the trades from almost all of the cryptoes has really high trading volume.
Speaking of vulnerability, when it comes to security most of the exchanges do have really great security against potential threats but they do have an emergency insurance fund, as per last year's data breaching making them to be more trusted.
Speaking of vulnerability, when it comes to security most of the exchanges do have really great security against potential threats but they do have an emergency insurance fund, as per last year's data breaching making them to be more trusted.
It is very good for investment because it is the most secure and privacy. There are many coins in this exchange and trading volume is so much. Therefore, we can trust binnace exchange for our coins. It is also top exchange many times.
Some of the reasons that attract me or others as well to Binance is the easy registration process, very easy to understand user interface even for the first timer in crypto space, Altcoins keep on increasing and one which is not worth is being removed, good liquidity on the exchange and good safety feature as well.
Crypto related services are sometimes really hard to get even registration done - I totally agree, binance helps with this.But its liquidity was that great during this March dump, afaik kraken and bitfinex were providing majority of liquidity on the global market.
binance's wide choice is something I appreciate the most honestly
I have a lot of respect for Changpeng Zhao. He worked hard to build the platform and he has stood against the draconian demands made by various governments regarding the KYC requirement. All that said, is he going to reimburse the users, in case the funds are stolen by some hacker? I understand that Binance reimbursed the users in 2019, when funds worth $40 million were stolen by criminals. But will they take the same approach in future, if the amount is quite large?
Some of the reasons that attract me or others as well to Binance is the easy registration process, very easy to understand user interface even for the first timer in crypto space, Altcoins keep on increasing and one which is not worth is being removed, good liquidity on the exchange and good safety feature as well.
I primarily work with this return concerning their ultra-dynamic plus speedy aid and meagre contract rates. As well, they give you different types with shows so that you can receive some bucks as well. The following return is strictly made use of plus many of the gold coin plus symbol contains a massive volume of a sequence for either section. Thus can use the following return each time. People have an excellent formidable basic safety to protect customer capital.
Binance could be reckoned with as one of the best and topmost, but not the only best. Also, in terms of security, you never can tell if there are others with better security than Binance, which have not yet been revealed. We were once told that Binance was hacked. Which means that irrespective of how high their security is, they still got hacked. Well, maybe it has been upgraded. There are also still some exchanges that have not been hacked and are still having smooth running, although, their liquidity might not be as much as that of Binance.
Any exchange can be hacked, and it is very important what decision the exchange administration makes in relation to those who suffered losses. The Binance exchange was indeed hacked, but all participants were compensated for the loss of their funds. What do other exchanges do in such cases?
binance exchange is a dream from all crypto developer to list their alt
because the volume and the scurity from binance is good,
and mostly the price of any altcoin when the first time being listed on binance will fly mate
especially if we know what coins will be listed on finance before they announce it, of course it will be easy to get profit, but unfortunately we can't, hehe, I also use Binance for a long time, and my money is safe there because the volume and the scurity from binance is good,
and mostly the price of any altcoin when the first time being listed on binance will fly mate
Trust is built when binance maintains user trust by not carelessly entering altcoin and also IEO cooperation which is not wrong. in my opinion binance should be an example for all exchanges to be able to implement it. now the exchange volume of the binary exchange is quite large and is good, people today already believe and know the exchange
It's easy really, The reason we trust Binance because of it's rating and popularity. There's just a slight chance that BNB is turning against us. What if Binance is a scam? Well, If it is. Then it will shake the whole crypto world. It's like one of the main foundation of a building. Remove it the building goes tumbling down. Why? Because binance right now is the #1 coin and they own CMC. So if they are not legit. Why bother buy CMC? To get more attraction and scam people on the long run?
Jump to: