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Topic: Will Binance get closed down? - page 5. (Read 12329 times)

sr. member
Activity: 1056
Merit: 251
April 28, 2019, 01:14:26 PM
Binance got its license from Malta right so how can it be a threat to US? I can't even imagine Binance closing down for any reason owing to how far it has come in order to create a better world for cryptocurrency traders and investors.
Your right. They have a lot of licenses and registration. They are one of the biggest company that promotes bitcoin and other cryptocurrencies also they are centralized. Binance for me is just starting they will improve more and they will contribute more to cryptocurrency.
I also think Binance is the best among the exchanges.  She has so many users.  I think that she is only at the beginning of her journey and will not think about closing.
hero member
Activity: 2338
Merit: 517
Catalog Websites
April 28, 2019, 01:13:07 PM
Looking at the team at this time I am sure Binance is the biggest exchange, the daily transaction volume of more than $ 1 billion certainly makes a big profit for Binance so I do not hesitate to save my crypto assets at Binance.
Yes, they are the biggest exchange for the moment.
Volume is high and its like they are the predictor of the market and for some altcoins.
When a new altcoin listed there, expect that it would be pumped.
sr. member
Activity: 840
Merit: 252
April 28, 2019, 01:08:55 PM
Binance got its license from Malta right so how can it be a threat to US? I can't even imagine Binance closing down for any reason owing to how far it has come in order to create a better world for cryptocurrency traders and investors.
Your right. They have a lot of licenses and registration. They are one of the biggest company that promotes bitcoin and other cryptocurrencies also they are centralized. Binance for me is just starting they will improve more and they will contribute more to cryptocurrency.
full member
Activity: 494
Merit: 104
homt.net
April 28, 2019, 12:23:44 PM
It hard to believe that Fed can close binance because it not US-based and US laws has no jurisdiction on it. The only ones that will be affected if the Fed decided to ban one of the biggest cryptocurrency exchange are the members that residing in the US. Binance has more members in Asia and other part of the world than in the US so it won't get affected by a possible closure.
yes you're right law in USA is not affected binance because binance office is not based on america but in asia.
that's any regulation from fed can affect binance business, and as you say Binance has more member from asia not america
sr. member
Activity: 826
Merit: 250
April 28, 2019, 12:04:06 PM
I think CZ all planned in advance when Binance relocates to Malta. Binance now has their own DEX and maybe it is a plan "b" if something goes wrong. But I think they have everything under control.
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
April 28, 2019, 12:00:09 PM
I can't imagine that Binance exchange will get close. Cause we know that Binance is one of the most popular and big crypto exchange in the world and I think this exchange will remain good in near future.
full member
Activity: 494
Merit: 104
homt.net
April 28, 2019, 11:54:53 AM
but binance market is not just in America, asian is a big market for binance, now some exchange like bittrex are partnership with bitsdaq for targeting user in asean, it's afact that the biggest market is in Asia not America
hero member
Activity: 938
Merit: 500
https://youengine.io/
April 28, 2019, 11:51:26 AM
It hard to believe that Fed can close binance because it not US-based and US laws has no jurisdiction on it. The only ones that will be affected if the Fed decided to ban one of the biggest cryptocurrency exchange are the members that residing in the US. Binance has more members in Asia and other part of the world than in the US so it won't get affected by a possible closure.
I also think that the market of Asia and Europe is much larger and the Americans will compete with Binance for these markets. We'll see how this ends soon, I think, Binance will be the main exchange.
full member
Activity: 658
Merit: 102
April 28, 2019, 11:07:21 AM
It hard to believe that Fed can close binance because it not US-based and US laws has no jurisdiction on it. The only ones that will be affected if the Fed decided to ban one of the biggest cryptocurrency exchange are the members that residing in the US. Binance has more members in Asia and other part of the world than in the US so it won't get affected by a possible closure.
full member
Activity: 1498
Merit: 146
April 28, 2019, 10:55:14 AM
I do not believe the exchanges, I do not believe CZ. Sooner or later all exchanges closes.
It is best to keep funds in your local wallets.
It is not about the security of binance,the legal issues cause binance to close down or not.

I don't think binance is going to close even if they were restricted on their juridiction they will create it from another country.
full member
Activity: 845
Merit: 100
April 28, 2019, 10:49:18 AM
Looking at the team at this time I am sure Binance is the biggest exchange, the daily transaction volume of more than $ 1 billion certainly makes a big profit for Binance so I do not hesitate to save my crypto assets at Binance.
sr. member
Activity: 2506
Merit: 368
April 28, 2019, 09:49:07 AM
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!
This is quite a frightening revelation about the possibility of binance been closed down by the US regulators. We all know how strategic the exchange is in the crypto market as it is currently the most reputable of all the exchange platforms. If binance gets closed down, it will create severe panic in the crypto market.
I don't think CZ will let that happen in the first place and CW case won't affect what they were dealing with Binance. Binance is a reputable exchange if ever that would happen i think CZ already planned what he will do if that's the case but i don't really think that it would come to that point where they would shut down their exchange.
legendary
Activity: 2940
Merit: 1169
April 28, 2019, 09:22:38 AM
I do not believe the exchanges, I do not believe CZ. Sooner or later all exchanges closes.
It is best to keep funds in your local wallets.
jr. member
Activity: 322
Merit: 2
April 28, 2019, 09:17:44 AM
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!
This is quite a frightening revelation about the possibility of binance been closed down by the US regulators. We all know how strategic the exchange is in the crypto market as it is currently the most reputable of all the exchange platforms. If binance gets closed down, it will create severe panic in the crypto market.
sr. member
Activity: 509
Merit: 250
April 28, 2019, 09:11:56 AM
I don't understand what you man by binance getting closed down, but as it stands, that's about the best exchange in this space, if you made this post because of regulation issues, then I might understand. But so far I think Binance has been very adhesive in terms of regulation and all. So I don't really seem that happening
He don't really understand that the whole Binance activity is to not get closed down in future, they're really improving their service for many traders/investors and people interested in some offers.
full member
Activity: 644
Merit: 101
April 28, 2019, 09:10:17 AM
It is strange that today you are talking about Binance. I see that in this I really have success. I do not think that this will happen that way, most likely Binance will alert its users. Now it seems to me that people are already ready for the fact that Binance will go to those services - this is the maximum that can be.
hero member
Activity: 931
Merit: 500
April 28, 2019, 07:48:33 AM
I think there is no chance Binance to get closed down. It is apparently the biggest and the strongest exchance at the moment. So i think it’d be a disaster if they closed.
member
Activity: 532
Merit: 17
April 28, 2019, 07:44:57 AM
I dont think so. Because why ? Binance is a good exchange and very trusted by many traders in the crypto world.
Seems like there are many peoples who exaggerating and think binance as a threat.
As long binance keep their clients assets safe, fast deposit and withrawal, keep developing, then binance won't be closed.
hero member
Activity: 966
Merit: 517
April 28, 2019, 01:49:42 AM
I believe that binance is a registered exchange and cannot be closed down unless they break the rules of the fed of the country they are based in, which I don't think they want to do, since a lot of funds would be lost if the exchange is eventually closed down, though anything is possible in the crypto space, and it's possible for the government of that same country to change their rules and regulation against crypto just to close down the exchange.
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
April 27, 2019, 10:58:31 PM
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.
yeah, it's a shame if binance closed.
i think it will not be fair and i agree with your thoughts. i think it would be better to ask US customers who close their account than to close the overall binance.

but isn't this just fake news? i haven't seen the news. did i miss the news?
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