Bitcoin Forum

Just remembering that old exchange from long ago.  Are they still in business or did they get shut down already?  One would think they'd be Shut Down by now.  Yeah they had their share of problems...  :-X

I think a simple google search would have given you the answer. https://www.binance.com/en
Operating yes, with US based branch as well.

i still dont experience bad with this exchange kindly check it try it your self. binance will hardly to  close since there many traders use that exchnage and they can still earn with that exchnage.

Why would they be shut down? They are operating in Malta and is known to be the go-to exchange for a lot of regular traders, regardless of how many problems they have had.

I mean, they aren't the leading exchange on the market anymore according to coinmarketcap (https://coinmarketcap.com/rankings/exchanges/), but they are up and running so there is that.

Maybe you heard about banning US in binance that is why you are thinking that they are going to shutdown but they are just forcing US traders to a new domain which is binance.us for different regulation compared to binance.com.

They also have binance.je so if you are planning to trade with binance make sure to check those domains if where you belong. If you are not living in the US and UK/Europe use binance.com instead.

What about typing binance.com in your browser?

https://scontent.fcdg1-1.fna.fbcdn.net/v/t31.0-8/462922_290430787717968_1777117729_o.jpg?_nc_cat=106&_nc_oc=AQmA0bINAdH_49E8FtGkRl7-WMR1Tqk2qJEqCZqy-TcmiF1gj_Mzk413btdY2_IOo7k&_nc_ht=scontent.fcdg1-1.fna&oh=1261e7ffd7dbec45b65e3c09b9203b93&oe=5E283BD6

I don't trust those rankings at all. There is a lot of wash trading going on from scam exchanges just to try to keep at the top.
https://i.imgur.com/p3MqeQe.png

I mean look at "the top 4 exchanges by volume" Have you even ever heard of them?  ;D

What the hell is p2pb2b?

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Op, i really wonder why you even ask such... Perhaps you have been in a comma for a while.

Don't. For several months, the 2 top exchange in volume (worldwide, with over $1B volume) according to CoinMarketCap were two exchanges called NegocieCoins and TemBTC, both which are from my country (Brazil) and are now practically exit scamming. Everyone knew they were a scam, but they kept their rank as "the biggest exchanges in the world" according to CMC.

These websites only consider the reported volume, so the exchange can say whatever it wants.

What problems did they have for a long time back? They were regarded and still are as probably one of the best and most popular crypto exchanges to this date, and other then 2 issues I can think of (Unable to operate in the US for a while, KYC leak) they seen to be doing fine.

Yeah, don't trust those rankings either, although they do have an aspect of truth to it sometimes, washed trading happens way too much now and due to the IEO pumps and hypes, a lot of exchanges are getting big of offering those services. Washed trading aside, Binance is still probably one of the biggest exchanges out there still.

Do you have another account that joined a campaign and needs to bump it post count or what? You do know that Binance still exists.

I already see this P2Pb2b exchange last quarter of 2018.
That volume was faked you know for what reason?

Becuase they are listing IEO in that exchange once they see that it is already in top  volume exchange. many project will want to list them there, in other side  the listing fee for IEO might increase with that exchange if they have more volume.

the thing about coinmarketcap and other similar sites is that they should never be interpreted as "ranking" sites. they are just raw lists that contain raw unprocessed data in them which they fetch from those sources. the way to interpret that data is up to the user who accesses that data.
so for example in case of this list, it is just showing us how much volume each exchange has. if we choose to interpret it as the exchange being good just because it has higher volume, is our mistake!

did u just typing in the google ? i can imagine that  :o
https://i.ibb.co/St54M81/google-news.png (https://ibb.co/St54M81)



the website is still running till now, if there is any problem we should know it.

They are still around but they lost most of their userbase to KuCoin so I heard because of the US government's KYC demands. For many people KuCoin is the new binance now.

Binance lost most of its userbase to Kucoin? I honestly find that hard to believe.... do you have any source that confirms this user outflow? The US is a big market but they aren't the only country in the world.

Binance's volumes don't seem to have experienced much of an impact at all. It's still on top of each exchange in terms of volume. Unless they are heavily wash trading, I don't see anything pointing at a massive user outflow.

https://i.imgur.com/qzdCHwa.gif

Don't even know if this one is a serious question. LOL!

They are the exchange with the highest volume. One might say one of the futures exchanges have higher volume but this is difficult to compare to spot volumes due to their fee structure and how trades are settled.

Binance is still one of the top exchanges in the market. 24hr adjusted volume of $573M which is -15% from the previous day. I didn't see one single scam accusation against them of stealing users' funds or locked up funds. which is a very good reason that they're still popular. But yes they are suffering as well like everyone because of the market condition.

I don't see a reason for asking about Binance when you could easily look around. are you trying to promote them or trying to blame them for something they never did?

It's actually not fair at all for people to compare Bitmex's volumes to for example what Coinbase is generating.

I remember Arthur Hayes once having said that the average leverage used is 8x, which means that you have to divide their reported volume by 8 and there lies your answer to their volume. Today's Bitmex volume is $1.2 billion, so divide that by 8 and the number is $150 million. Bitmex once said that they also run their own bots, so the actual volume generated by their clients is probably lower.

Based on the volumes Binance is generating today, they are still the top dog. They have the users to actually back up most of their reported trading volume.

Binance is still operating and it's my main exchange and I haven't had any issue with them so far, the only problem sometimes 2AF doesn't work for me when I change my computer, other then that have no issues at all. I don't expect them to shut down their business any time soon since they are on their way to become the leader once they added the real dollar. Having that said, never keep your assets on exchange for more then week, not even one day if you have no problem with paying fees.

Binance is the leading trading platform now on the entire cryptoworld