Topic: Will Binance get closed down? - page 2. (Read 12320 times)
Binance also have a fiat to crypto "Jersey "exchange , which operate in absolutely legal way . They are also working on creating a decentralized exchange that will function independently of servers and jurisdictions, so I don’t think they are facing a business shutdown
No. I don't think Binance will be closed down because it is backed by experts or professionals. Binance will make it in future. I am very certain about that and I'm going to hold more Binance coins.
Binance is supported by a solid and professional team, they understand crypto and also have great financial strength so they can make Binance great like their exchange.
No. I don't think Binance will be closed down because it is backed by experts or professionals. Binance will make it in future. I am very certain about that and I'm going to hold more Binance coins.
It is possible if US sees and confirmed irregularities on Binance exchange. If they have a solid proof that Binance commiting fraud to harm its client and/or US interests. Being backed by experts is not a guarantee that you will escape anything if you are committing fraud or other illegal stuff. With the case stated by OP, let us just wait and watch what will happen next. It is better to take precaution than regret later.
No. I don't think Binance will be closed down because it is backed by experts or professionals. Binance will make it in future. I am very certain about that and I'm going to hold more Binance coins.
I observe a practice with Binance. They are team of professionals and experts that are always on top of their game and often times, they think and work ahead of what is going on in the space. They've launched new innovations that others are now following suit. I believe if anything closing down is going to happen, they already see it and probably a backup solution is in place. As big as this exchange is, if it gets shut down, the whole market will be down. Am not ready for another long bear.
On the contrary, I buy a Binans coin and even believe in its growth over several months. I think that the price will be 30-35 dollars.
I observe a practice with Binance. They are team of professionals and experts that are always on top of their game and often times, they think and work ahead of what is going on in the space. They've launched new innovations that others are now following suit. I believe if anything closing down is going to happen, they already see it and probably a backup solution is in place. As big as this exchange is, if it gets shut down, the whole market will be down. Am not ready for another long bear.
understand US hammer can be thrown anywhere, recently Huawei staff was arrested in Canada on the request by US, and if US need CZ all they need to do is to tell Malta to arrest him and send him over to US. having said all this, one thing I believe is on the side of CZ is money, he is one of the richest guy in the space and can afford top lawyers to defend him, if Ethereum guys can lobby SEC to declare their tokens not to be a security then CZ IMO can do better
for now it is not possible, I am not sure if Binance must close with this time soon. for whatever reason they must take into account the future of their exchanger.
I think that every opinion is a truth and a mistake is not entirely, so the vigilance must remain, not waiting because you are disappointed, I cannot imagine that Binance will close their exchange, because it is the biggest exchange, the highest with the largest trading volume.
No. Binance will not get closed down for any reasons. As you know that there are so many traders now uses Binance to trade their coins on the exchange, I don't think binacce would do that.
This is why there is a great danger of using a single centralized platform. Binance is not only CZ, but lately there have been a lot of different charges against it, it makes me wonder.
This is something that everyone has to realize! Not only in online services but even in crypto itself. Far too many people are buying altcoins that are also under the control of one entity. I admit I even bought Litecoin when Charlie Lee was in charge but I'm glad he no longer is. The sooner Ethereum also stops relying on Vitalik Buterin for its future the better. Binance will of course never be owned by many.
I think if it is happen, they will find a way to resolve it. Like for other exchangers. Because until now, they still allowed US citizen to trade in them and they are not closed down. I talk about market that already open for a years like Bittrex for example.
This is why there is a great danger of using a single centralized platform. Binance is not only CZ, but lately there have been a lot of different charges against it, it makes me wonder.
This is something that everyone has to realize! Not only in online services but even in crypto itself. Far too many people are buying altcoins that are also under the control of one entity. I admit I even bought Litecoin when Charlie Lee was in charge but I'm glad he no longer is. The sooner Ethereum also stops relying on Vitalik Buterin for its future the better. Binance will of course never be owned by many.
Binance will not get close but maybe in the future, if they did not upgrade their system or anything maybe it possible but for now I don't think so because they do their best or everything that binance to become most popular exchanges site in the whole crypto community. Wwe don't know if that's true or not so Im still be in Binance.
But now there is just a good opportunity to buy a Binance coin with a discount of 7-9%. I think that after opening margin trading, this coin can cost as much as 50 dollars.
Binance will not get close but maybe in the future, if they did not upgrade their system or anything maybe it possible but for now I don't think so because they do their best or everything that binance to become most popular exchanges site in the whole crypto community. Wwe don't know if that's true or not so Im still be in Binance.
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!
Any exchange can be accused of money laundering and fraud. They all do what they please, cheat, wind up trading volumes, do not follow the flow of money. However, at the moment it does not scare me.
Cryptocurrencies are outside the law in many countries, so the exchanges will be in the same position.
I think it's all yellow press. Just PR that should be. I think nothing will happen. Binance will continue to evolve and grow in scale.
I cannot imagine that Binance will close their exchange, because it is the biggest, the most popular exchange with the largest trading volume that is not faked. The can ask US customers to close their accounts, but nothing more.
me too, Binance is a miracle, in my opinion. every new coin that successfully enters the Binance list will definitely Pump. I really hope Binance can survive even when US government intervention gets stronger. No Binance will not get shut down out of the jurisdiction.
This is a case of the US traders need Binance and Binance does not need them, they have a global reach.
Come to even think of it, Binance has moved their base to Malta that is more crypto friendly, and I don’t think US will be able to influence any decision Malta has made to accommodate them legally. This is a case of the US traders need Binance and Binance does not need them, they have a global reach.
This move on Binance is just a way to bring them down and break the monopoly attribute many people claim that they are exhibiting which di must confess that I have not seen one, I am not being biased, it is just the truth, I don’t think Binance has gone out of their limit, Binance team are too intelligent and humble to break the law, so US are the ones that need people like Binance more to add value to their economy.
I think it's funny that you really think that someone who has taken all the right steps for KYC and AML processes is going to get shut down. Their recent partnership with ciphertrace is a pretty sure tell way that they are doing everything legal and legit
Binance has obtained legality from Hong Kong and they have invested heavily in servers, offices and so on, I'm sure Binance will continue to exist as long as crypto is still in use.
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