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Topic: Will Binance get closed down? - page 4. (Read 12325 times)

member
Activity: 798
Merit: 14
April 29, 2019, 10:20:09 AM
Always have a concrete review of facts before posting. Binance isn't based or licensed by the US government they're licensed by Malta as such US government cannot wake up and close a company outside their jurisdictions without Binance violating any of us laws.
member
Activity: 420
Merit: 10
April 28, 2019, 11:42:32 PM
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!

Agree with your line "Don't hold any coin in exchange" that can be true if Binance will shuting down because Breaking the law But don't panic and hurry up. Trusted company like Binance Wouldn't take all of funds from costumer I believed that.
member
Activity: 495
Merit: 10
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
April 28, 2019, 11:41:21 PM
i think they will  not close down.. the fact that they change their head office to another country as they want to continue their business.. they move to malta as malta is open to cryptocurrency
full member
Activity: 588
Merit: 100
April 28, 2019, 11:31:21 PM
Binance still has many users, this will not affect US trade, this road has many differences. Binance will keep moving and US trade will run on its own without damaging Binance. The Binance community will use it as it should and will stay alive.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
April 28, 2019, 10:31:32 PM
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.
full member
Activity: 784
Merit: 123
April 28, 2019, 06:26:38 PM
For what i know Binance is a strong exchange to be taking out of the picture just like that They have an established Ecosystem loved and supported by the community which is enough to protect such exchange
Those news are just a kind of FUD's. Definitely won't be that easy knowing that Binance have established well in the heart of cryptoners.
Craig Wright maybe have plans to create his own exchanges that making Binance out of the competition and spreading false news in order to destroy image of that certain exchanges.
member
Activity: 812
Merit: 10
https://hovr.site/
April 28, 2019, 06:21:56 PM
For what i know Binance is a strong exchange to be taking out of the picture just like that They have an established Ecosystem loved and supported by the community which is enough to protect such exchange
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
April 28, 2019, 05:07:02 PM
I doubt the Binance exchange will close because the company is run by smart people and I think they will find ways to settle the problems.
full member
Activity: 406
Merit: 101
April 28, 2019, 02:33:31 PM
Such a strong and powerful exchange as Binance can not be closed.  It is used by a lot of people.  I do not think that in general it is possible to take and close the stock exchange that feeds everyone.
full member
Activity: 672
Merit: 140
April 28, 2019, 02:24:58 PM
Binance already had problems before, and changed HQ few times.
With US problem - might just close exchange for US customers..  Roll Eyes
Now I believe is Malta, and had some problems as well.
I can't believe that it will stop Binance, most probably will change HQ once again, to some more cryptofriendly country. Don´t worry, Binance going to stay, at least few more months  Roll Eyes
hero member
Activity: 1361
Merit: 506
April 28, 2019, 02:16:00 PM
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!
And how Binance is breaking US laws? I do not think that such big exchange is not in accordance with regulations and law. Please tell us more.  Smiley
sr. member
Activity: 1596
Merit: 335
April 28, 2019, 02:12:01 PM
Binance is a well-developed exchange and I don't see lapses in it. I guess there's no enough reason for it to close down.
It's even on top of the list exchanges with a good reputation.
As for me, controversies can't affect it because it offers promising services.
jr. member
Activity: 272
Merit: 1
"simply getting the job done"
April 28, 2019, 02:11:21 PM
I don't this this prophecy is one that should take effect now. Binance is such an exchange that have put precuative measures in place to wade off evil such as this one . Am sure, CZ and his team isn't afraid at all.
full member
Activity: 700
Merit: 100
April 28, 2019, 02:01:31 PM
I do not see this as a reason to warrant the closure of an exchange as Binance, no it can't happen. Binance has worked hard to get to the position it is now thereby having large users and investors, so it's practically impossible for it to close down.
the possibility exists so we have to anticipate the worst, but in my opinion, the possibilities are very small because Binance has developed well and has a large community so it won't be easy to close.
member
Activity: 442
Merit: 11
April 28, 2019, 01:54:58 PM
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!
Your question is quite political with very serious conclusions.  With regard to the exchange of cryptocurrency BINANCE, we can say that things are going very well, because they let us know about it.  Perhaps there are problems that are not mentioned.  Is it possible to eliminate BINANCE.  It is impossible to completely eliminate such a development of events.  But lately the BINANCE exchange has been showing a lot of activity and development, most likely the disagreement with Craig Wright will be resolved in the near future.
jr. member
Activity: 154
Merit: 1
April 28, 2019, 01:44:01 PM
I don't see it happening but anything can open in this space and the truth is that Binance can't continue to be number exchange in the industry for life so let's not worry about this, let's keep calm and watch how the industry keeps evolving.
hero member
Activity: 672
Merit: 500
April 28, 2019, 01:42:11 PM
lol that argument
"binance is like no other its the biggest exchange"

i was witness when MtGox got bankrupt "the biggest exchange" at that time
i was witness when Cryptsy got bankrupt "the biggest (altcoin)exchange" at that time

its not an argument!
Also "the biggest doesnt count anymore nor is it true.
There is so much competition only one-digit-% differences so the term "the biggest" has no true value anymore

At the moment BitMax is the biggest by 30d Volume
https://coinmarketcap.com/rankings/exchanges/
full member
Activity: 532
Merit: 100
April 28, 2019, 01:36:58 PM
I do not see this as a reason to warrant the closure of an exchange as Binance, no it can't happen. Binance has worked hard to get to the position it is now thereby having large users and investors, so it's practically impossible for it to close down.
sr. member
Activity: 630
Merit: 250
Glad to see you
April 28, 2019, 01:22:57 PM
I believe that such a large-scale company will not close in the near future.  It is simply impossible.  A large number of investors cooperate with it.  She is the best in her field.
member
Activity: 742
Merit: 12
April 28, 2019, 01:20:44 PM
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!

Did you get this job from Craig to raise FUDs? I seriously meant that.
Binance won't get closed. But the question is holding funds in an exchange wallet, its a big NO NO for any exchange not only Binance. Why would anyone hold their coins in exchanges where most people seek solutions like a cold wallet?
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