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Topic: Why we trust binance exchange? - page 4. (Read 2364 times)

full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
June 15, 2020, 06:09:24 AM
Binance Exchange is one of the popular cryptocurrency exchanges that offers trading in more than 45 virtual coins including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Binance Coin (BNB). Binance is an exchange where users can trade cryptocurrencies. They support many of the most commonly traded cryptocurrencies. Binance provides a crypto wallet for its traders, where they can store their electronic funds. Binance has its own token currency, Binance Coin. The exchange also has supporting programs that help traders make investment decisions.
This is accurate! A lot of people are saying that Binance Exchange is trustworthy because they have better security system than others. However, a lot of exchanges also use Google Authenticator as a method of security. Binance is successful because they created a lot of significant moves that brings advantages not only for them but also for users. Undoubtedly, Binance is one of the largest exchange in the cryptocurrency world right now!
full member
Activity: 657
Merit: 102
June 15, 2020, 05:56:31 AM
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 think I quite agree with you, Binance exchange has been there for you in terms of crypto business, making exchange of cryptocurrency very much easy for users. Also their security network is very superp, with the introduction of Google Authenticator. I think Binance is one of the best!
Almost exchange in market uses Google Authenticator, so you can't compare it like that. I agree Binance is the leading exchange in this market because CZ is very concerned about its users, they always put their users' priority first.
jr. member
Activity: 252
Merit: 4
June 15, 2020, 05:52:57 AM
Binance Exchange is one of the popular cryptocurrency exchanges that offers trading in more than 45 virtual coins including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Binance Coin (BNB). Binance is an exchange where users can trade cryptocurrencies. They support many of the most commonly traded cryptocurrencies. Binance provides a crypto wallet for its traders, where they can store their electronic funds. Binance has its own token currency, Binance Coin. The exchange also has supporting programs that help traders make investment decisions.
sr. member
Activity: 798
Merit: 250
homt.net
June 15, 2020, 05:47:33 AM
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 think I quite agree with you, Binance exchange has been there for you in terms of crypto business, making exchange of cryptocurrency very much easy for users. Also their security network is very superp, with the introduction of Google Authenticator. I think Binance is one of the best!
member
Activity: 166
Merit: 12
June 15, 2020, 02:05:42 AM
Binance exchange team deliver exactly what their users want from an exchange, team are very active and supportive, their exchange security is even now more better than before and all in all the CEO is a crypto lover who wants to expand the adoption of crypto currency
member
Activity: 501
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
June 15, 2020, 01:32:48 AM
I guess I trust binance exhange not just of its good volume in altcoins and bitcoin but also because of it is very active like when its been hacked the security system has been updated for good so I think the security of it is now very high specially for hackers.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
June 15, 2020, 01:18:37 AM
binance is my favorite exchange, I never doubted its security, it has really many altcoins for trading and really many other options, futures, staking, lending, save and also quite low fees
I'm also a Binance enthusiast but to be honest none of the current exchange sites have bulletproof security which will unhackable for hackers. Mind you, Binance was almost a victim of a hacker but saved their user funds with the SAFU and aside from that Binance has every activity crypto investors, traders will ever look for in an exchange site.

I also strongly agree with this. it's just that, we don't know which exchange is truly enthusiastic is responsible for this or not. binance is actually responsible for the stolen funds and is still operating today. however, I believe in binance until now.
full member
Activity: 434
Merit: 101
Bounty Detective
June 14, 2020, 07:24:03 PM
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?
Well binance is one of the oldest exchanger thats gives good service. It really can be in the top 10 best exchanger as far i experienced it. But  i hope their teeam wont let them get by the hackers.
sr. member
Activity: 868
Merit: 251
Empowering crypto w/ sustainable energy
June 14, 2020, 04:58:45 PM
Binance has a premium marketing team. I know times when Binance had to compete with other exchanges like Kucoin. Now binance becomes some kind of amazon when it even bought coinmarketcap.
member
Activity: 1204
Merit: 38
June 14, 2020, 04:32:36 PM
Main reason is SAFU, even if exchange got hacked people won't lose their money the exchange will return money from their own pocket and that happened as well when binance hacked in the past but if other exchange got hacked then that will be the end, people will lose all of their hard earned assets.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
June 14, 2020, 04:17:25 PM
I did not support any exchange for savings my money but for short time i want like binance trust exchange. Do you know every exchange has bad effects for hacking so keep realize thinking and avoid holding planing in any exchange.

indeed,, to store our money i think we should keep our crypto assets on personal wallet
because if we keep oour money on exchange is too risky
about binance i think i will only keep a half of my assets there and the rest i will keep it on my personal wallet
whey i believe binance, because the security is good
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
June 14, 2020, 04:04:11 PM
binance is my favorite exchange, I never doubted its security, it has really many altcoins for trading and really many other options, futures, staking, lending, save and also quite low fees
I'm also a Binance enthusiast but to be honest none of the current exchange sites have bulletproof security which will unhackable for hackers. Mind you, Binance was almost a victim of a hacker but saved their user funds with the SAFU and aside from that Binance has every activity crypto investors, traders will ever look for in an exchange site.
newbie
Activity: 5
Merit: 0
June 14, 2020, 03:35:31 PM
binance is my favorite exchange, I never doubted its security, it has really many altcoins for trading and really many other options, futures, staking, lending, save and also quite low fees
member
Activity: 517
Merit: 10
June 14, 2020, 03:08:24 PM
I did not support any exchange for savings my money but for short time i want like binance trust exchange. Do you know every exchange has bad effects for hacking so keep realize thinking and avoid holding planing in any exchange.
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
June 14, 2020, 02:45:03 PM
I like and use binance because I saw who the owner of Binance is. He is a person who from what I see in the things he posts and does on social media shows that he has a long-term vision and that in a way makes me trust binance. When the owner of the exchange is a public figure, people already know that if one day their money disappears from the exchange they will charge the person named X who is the owner of the exchange. Is very different from using an exchange where its owner is anonymous . exchanges that have an anonymous owner are not trusting
full member
Activity: 887
Merit: 100
June 14, 2020, 02:10:08 PM
Exchange Binance is a large company or top platform in the cryptoqurrency market. on the one hand they already have their own tokens like BNB is altcoin has great potential for future investment. on the other hand they have big users, big partners and their platforms also offer asset security, convenience in use and the trading volume is always increasing high.
sr. member
Activity: 1218
Merit: 254
Trphy.io
June 14, 2020, 12:16:16 PM
People thought about Binance exchange and place it at the top because so far, their reputation holds up that image. Tell me any time Binance fuck over their trader up, causing dissatisfied among their users, doing shady things and lost the trust of community? None so far so people willing to trust it.

Some of the reason that attracted the people is their user interface, the new addition of the coins, easy to use and the very easy procedure to join and register on the site. Also, low trading fees, good safety measures are some of the features that just kept people with this exchange.
That's all because they have a very smart CEO who is able build a very good team. I personally like to use Binance because their Exchange display is very friendly making it easier for us to learn trading there. There are also many available top coins that have a large volume which makes it easy for us to sell coins anywhere.
sr. member
Activity: 1974
Merit: 453
June 14, 2020, 12:13:26 PM
I know that a lot of people trust Binance. However I have never trusted any of the cryptocurrency exchanges till date, and that includes Binance. Ideally we should not trust them. They are unregulated and if the promoters make an exit scam, then it is very difficult to prosecute them and recover the money. There is no guarantee that Changpeng Zhao will not become the next Mark Karpelès.
full member
Activity: 868
Merit: 151
June 14, 2020, 12:03:46 PM
People thought about Binance exchange and place it at the top because so far, their reputation holds up that image. Tell me any time Binance fuck over their trader up, causing dissatisfied among their users, doing shady things and lost the trust of community? None so far so people willing to trust it.

Some of the reason that attracted the people is their user interface, the new addition of the coins, easy to use and the very easy procedure to join and register on the site. Also, low trading fees, good safety measures are some of the features that just kept people with this exchange.
member
Activity: 131
Merit: 10
June 14, 2020, 11:58:25 AM
People thought about Binance exchange and place it at the top because so far, their reputation holds up that image. Tell me any time Binance fuck over their trader up, causing dissatisfied among their users, doing shady things and lost the trust of community? None so far so people willing to trust it.
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