Bitcoin Forum

Economy => Trading Discussion => Topic started by: Timmzzy on July 09, 2020, 09:34:34 PM



Title: Binance compared to other Crypto Exchange.
Post by: Timmzzy on July 09, 2020, 09:34:34 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.


Title: Re: Binance compared to other Crypto Exchange.
Post by: nelson4lov on July 09, 2020, 10:01:43 PM
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).


Title: Re: Binance compared to other Crypto Exchange.
Post by: spike420211 on July 09, 2020, 10:34:55 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.


Title: Re: Binance compared to other Crypto Exchange.
Post by: taufik123 on July 09, 2020, 11:22:36 PM
I have used almost all of the Exchange to trade, especially Bittrex and Binance. Both of these exchanges are popular and have many members. But for now Binance is superior to Bittrex. Binance continues to grow with the support of many members and even today has many features that make it easier for people to buy Bitcoin and other altcoins. Binance is a very popular exchange now compared to Bittrex.

Currently binance is focusing on building infrastructure to help others eradicate their business in the binance blockchain ecosystem, which include facilitating exchanges, providing a secure and reliable exchange wallet, providing more or less liquidity margins and much more.
At present Binance has a new platform namely P2P which functions as an open market to facilitate direct trade between trading and buyer.


Title: Re: Binance compared to other Crypto Exchange.
Post by: tippytoes on July 09, 2020, 11:30:19 PM
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).

That is actually what I was thinking here, why compare Binance and Bittrex now? Binance has come a long way already and by just looking at the trading volume, BNB is already very far. Got the figures from coingecko not from CMC. So it is very clear that Binance is leading among crypto exchanges and Bittrex has been left behind.

https://i.ibb.co/GJJjwS8/Screen-Shot-2020-07-10-at-7-26-11-AM.png     vs     https://i.ibb.co/sjcVNqT/Screen-Shot-2020-07-10-at-7-26-32-AM.png


Title: Re: Binance compared to other Crypto Exchange.
Post by: asyakashi on July 10, 2020, 12:01:18 AM
~snip~
Your opinion to how you see binance and bittrex in the next generation are welcomed.
I was a bitrex user in the past, different from now.
Bittrex has lost a lot of trading volume so it's not very interesting to do daily trading.
on the contrary, binance has everything now and is almost perfect. we never know what will happen next with bitrex or binance. you shouldn't trust trust with centralized exchange.


Title: Re: Binance compared to other Crypto Exchange.
Post by: shushu9977 on July 10, 2020, 03:55:12 AM
If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.       


Title: Re: Binance compared to other Crypto Exchange.
Post by: michellee on July 10, 2020, 04:39:31 AM
We don't have to compare between binance and bittrex because each exchange has advantages and disadvantages, and I believe that each exchange will have its fan. But we can see that binance developed the exchange to be top exchange beside of bittrex, poloniex, kucoin and the other, and many people now move their funds to binance. I think people choose binance as their exchange because binance allows people not to verify their account, but they only limit the withdrawal funds. That will be an advantage for people who don't trade with big funds.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Tahsin Kabir Kollol on July 10, 2020, 06:18:15 AM
Each exchanger has its own characteristics and because of these differences, people use different types of exchange. Notable among the exchanges I use, are Binance, Whitebit, Bittrex, Probir coinsbit, etc. There are some comparative differences between the two exchanges, Binance and BITTREX, as the daily trading volume is much higher than that of BITTREX and the difference between their trades fee can be noticed. The Binance market liquidity and volume are better than the Bittrex exchange. In recent times the Binance exchange has made great development in its exchange and in this case, Bittrex lags far behind.


Title: Re: Binance compared to other Crypto Exchange.
Post by: cryptoaddictchie on July 10, 2020, 06:49:14 AM
I was a bitrex user in the past, different from now.
Bittrex has lost a lot of trading volume so it's not very interesting to do daily trading.
Hows the bittrex case during that time? I mean when they are still on top, they started first before Binance right, it looks like Binance advance pretty fast considering they will only turn 3years few days from now. I never created or traded yet using Bittrex, so I dont know if its good like Binance.

Its the only centralized exchange Ive done KYC for such purpose but I think if we are gonna trust a centralized one this will be Binance.( not suggesting to do KYC as it has risks)

Surely they will become a stable market exchange even in the future. I do hope Bittrex step up a little more. They are losing traders and shifting to newer platform with much advance trading features.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Itsmylife on July 10, 2020, 07:02:48 AM
I have used bittrex to trade cryptocurrency in a long time ago, but now I don't use it anymore just because they deleted my account when they upgraded their website (it's my fault because I didn't read their email but I still hate them).
In Binance I find them very professional, they solve their problems very well when hacked and ensure the interests of customers.


Title: Re: Binance compared to other Crypto Exchange.
Post by: bitgoldpanther1978 on July 10, 2020, 07:39:49 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

In the first place, these two exchange platform are both useful to me. But at the moment, I am not using them both so far, because I don't have a coins to their platform. Because I am only using a platform now where I have an assets that I can trade to get profit of course. And so far I used Bibox, Houbi, Idex, Kucoin and Coinbene.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Wexnident on July 10, 2020, 07:43:10 AM
Bittrex loses out to Binance, by a lot. Though AFAIK, Bittrex has lower fees, but really, their trading volume is far outstripped by Binance, which makes it a better choice. Bittrex at this point is close to being old news. Yes, Bittrex was pretty good, but it's in the past. It was a good exchange but sadly, it didn't support its growth and development properly, hence was surpassed currently by Binance which is younger than it. Try out Binance for a bit and you should see how easy it is to trade plus, the community is pretty active so it's a lot easier for your inquiries to be answered.

Still, other than Binance, there's still KuCoin and Kraken, you can also check them out some time, though I did opt to choose Binance instead of using other exchanges right now.


Title: Re: Binance compared to other Crypto Exchange.
Post by: slapper on July 10, 2020, 08:26:21 AM
So far, binance is one of the best trading plaform for anyone who want to engage crypto trading. It has proven that it qualify for this position after placing bittrex. Bittrex can be considerex as the best crypto exchange in 2016-2017. However, due to the lack of technology and developement, it can not stand still when Binance appeared.

I had trade on bittrex for a while and I found that its quite ok at some piint. But when the volume crack down and it was harder for me to trade, i chose binance as my next place to secure my money. It is somehow faster and efficient, with a large number of users as well as volume.

I guess that Bittrex is now a tier C exchange while binance is a tier A


Title: Re: Binance compared to other Crypto Exchange.
Post by: XCANA on July 10, 2020, 08:40:48 AM
If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.       
Not only in terms of it volumes but also in terms of security wise, Binance exchange has been proactive to many issues surrounding their cryptocurrency exchange and this gave them edge over  other  contemporaries in the industry. Without missing  of words, Bittrex exchange has not yet getting close to the side of Binance exchange because of their solid team, as at today, Binance exchange trading volumes is the biggest and i can't imagine that exchange that will challenge Binance exchange in the future.


Title: Re: Binance compared to other Crypto Exchange.
Post by: crwth on July 10, 2020, 08:55:52 AM
You're not mistaken when it comes to comparing the two. One has been operating longer than the other, and it is Bittrex. 2013 was the start of Bittrex and Binance in 2017. Binance has made it's way to the top probably because of the influence that the exchange has towards users, and they are currently dominant at it. What made it successful is the liquidity it has right now, and a lot of users are using it, and they are global. On the other hand, Bittrex, I haven't seen events in my country that had their influence.

I'm sticking to Binance in the coming future as well.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Jating on July 10, 2020, 09:07:08 AM
I would agree that Bittrex was the Binance before Binance comes along. And then Binance took off with CZ very active and sort of listening to his customers that's why it grew in the last three years and left the competition behind.

As for the image you attached, yes it is true, as they also posted it on their official Binance twitter account: https://twitter.com/binance/status/1281106043548794880

They are the leading so far and keeps on evolving, that's why it is really hard for other exchanges to really get close and make the crypto trading exchange more competitive.


Title: Re: Binance compared to other Crypto Exchange.
Post by: joniboini on July 10, 2020, 11:14:14 AM
Regardless of who is on top right now, remember that no service lasts forever. Love the service but don't love the company. If they start giving you crap, then leave straight away.


Title: Re: Binance compared to other Crypto Exchange.
Post by: WSDN on July 10, 2020, 11:29:22 AM
Bittrex loses out to Binance, by a lot. Though AFAIK, Bittrex has lower fees, but really, their trading volume is far outstripped by Binance, which makes it a better choice. Bittrex at this point is close to being old news. Yes, Bittrex was pretty good, but it's in the past. It was a good exchange but sadly, it didn't support its growth and development properly, hence was surpassed currently by Binance which is younger than it. Try out Binance for a bit and you should see how easy it is to trade plus, the community is pretty active so it's a lot easier for your inquiries to be answered.

Still, other than Binance, there's still KuCoin and Kraken, you can also check them out some time, though I did opt to choose Binance instead of using other exchanges right now.
In general, no one is interested in using Bittrex because this exchange is outdated, and not much has changed compared to the past. I think Binance has beaten all the exchanges that are available in this market, and it is sure that Binance will change every day to keep investors here. I've been in this market for a long time, but Binance is the only place that helps me to make a lot of profits.


Title: Re: Binance compared to other Crypto Exchange.
Post by: davis196 on July 10, 2020, 11:48:51 AM
Regardless of who is on top right now, remember that no service lasts forever. Love the service but don't love the company. If they start giving you crap, then leave straight away.

That's right.The crypto exchange business is extremely competitive and one wrong move can make your customers run away from you right into the competitors.
In the future,at some point,all crypto exchange platforms are going to look exactly the same,in terms of features,transaction fees and the horrible ID verification process.The only thing that could possibly add value will be the customer support and how they are treating their customers.
Having millions of customers means lots of money and effort spent for a good customer support team.SO far Binance is OK with providing customer support.Let's see what will happen in the future.


Title: Re: Binance compared to other Crypto Exchange.
Post by: minatour on July 10, 2020, 12:53:32 PM
I will say binance is more better than bittrex, Infact for me currently, binance is my best exchange so far, binance team are working towards developing the exchange everyday compare to bittrex, though years back, bittrex is better when will talk about trading volume, but currently I will give it to binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Ridwan Fauzi on July 10, 2020, 02:10:11 PM
I like binance's team (developer) they are always try to make new people tempted to buy and use their service. New feature that I can buy or deposit through my money fiat directly is something like my dream comes true, because I really like it and and I really feel helped in it.

So, there is no reason for new people or newcomer who have a reason they didn't buy cryptocurrency (if they already know) because they are difficult to start buying them. Through binance you can make it easy and you just need several minutes to start you buy some crypto.

And until now, I only use binance as my trading place. I fell comfortable when I trading there and sometimes I try to use some new features that just updated.



Title: Re: Binance compared to other Crypto Exchange.
Post by: jrrsparkles on July 10, 2020, 02:28:47 PM
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).

That is actually what I was thinking here, why compare Binance and Bittrex now? Binance has come a long way already and by just looking at the trading volume, BNB is already very far. Got the figures from coingecko not from CMC. So it is very clear that Binance is leading among crypto exchanges and Bittrex has been left behind.

https://i.ibb.co/GJJjwS8/Screen-Shot-2020-07-10-at-7-26-11-AM.png     vs     https://i.ibb.co/sjcVNqT/Screen-Shot-2020-07-10-at-7-26-32-AM.png
Exactly more trading pairs along with BNB is the real reason behind Binance success in very shirt term compared to Bittrex.Maybe in future Bittrex will develop their trading platforms by having more trading pairs will help then to reach their previous spot.Crypto trading still got huge potential so they should be getting ready for this.


Title: Re: Binance compared to other Crypto Exchange.
Post by: davinchi on July 10, 2020, 03:47:58 PM
There is no other like binance, there is never been any like binance, binance just became the first professional one and that's it.
We had cryptsy back in the day, we had poloniex we had bitrex and all of them were just... a bit unprofessional, I am sure they were doing their best but binance became something more out of this world and in tech world giant. They literally bought a company for 400 million dollars, do you get more "google" than that?

That is why I believe it is quite important for us to realize that whatever happens with other exchanges which I am sure they will do a lot better nowadays since the infrastructure is there, they will never be binance. Some Asian ones are getting a ton of attention because they want to use their own, but even they use binance when it comes to altcoins.


Title: Re: Binance compared to other Crypto Exchange.
Post by: asyakashi on July 10, 2020, 05:47:21 PM
I was a bitrex user in the past, different from now.
Bittrex has lost a lot of trading volume so it's not very interesting to do daily trading.
Hows the bittrex case during that time?
At that time the most interesting trades were poloniex and bitrex. both of these exchanges became favorite exchanges and gave many benefits to crypto traders even though they were beginners.
at this moment both exchanges seem dead, after some bad reputation.


Title: Re: Binance compared to other Crypto Exchange.
Post by: thesmallgod on July 10, 2020, 06:17:27 PM
I'm not quiet familiar with bittrex but I've been a regular trader on binance for almost five years now. Some of the challenges we are facing with scammers would have reduce if other exchanges emulate them. Especially in choosing project to launch on their launchpad. Binance has already distinct it ltself from other exchanges by making sure they provide traders information as to reduce or minimize lose in trading


Title: Re: Binance compared to other Crypto Exchange.
Post by: Oceat on July 10, 2020, 07:13:48 PM
If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.       
I think it varies from person to person although I'm not familiar with bittrex but I believe both exchanges has their own pros and cons. I've been using Binance for a long time and I could tell that I don't have any problem with it since their support and the development team is always showing how important their customers in terms of satisfactory.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Timmzzy on July 10, 2020, 10:51:03 PM
Regardless of who is on top right now, remember that no service lasts forever. Love the service but don't love the company. If they start giving you crap, then leave straight away.

Sure there is a saying for that: Good things don't last forever, so true but on this case binance is just the main reason the bigger whales are in the market if you check in.
Seeing this image below definitely short of words:
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).

That is actually what I was thinking here, why compare Binance and Bittrex now? Binance has come a long way already and by just looking at the trading volume, BNB is already very far. Got the figures from coingecko not from CMC. So it is very clear that Binance is leading among crypto exchanges and Bittrex has been left behind.

https://i.ibb.co/GJJjwS8/Screen-Shot-2020-07-10-at-7-26-11-AM.png     vs     https://i.ibb.co/sjcVNqT/Screen-Shot-2020-07-10-at-7-26-32-AM.png
Exactly more trading pairs along with BNB is the real reason behind Binance success in very shirt term compared to Bittrex.Maybe in future Bittrex will develop their trading platforms by having more trading pairs will help then to reach their previous spot.Crypto trading still got huge potential so they should be getting ready for this.


Title: Re: Binance compared to other Crypto Exchange.
Post by: MCobian on July 10, 2020, 11:31:06 PM
I was very active trading in Bittrex exchange about two years ago, and was quite satisfied with Bittrex's services. But in 2019 many
promotion by Binance exchange, and CZ as a very active Binance developer on social media makes Binance's popularity increase.
Makes me interested in trading on Binance exchange, sure enough I am very comfortable until now trading on Binance. Many profitable
IEO projects promoted by Binance, this is one of the reasons I chose Binance over Bittrex.


Title: Re: Binance compared to other Crypto Exchange.
Post by: samcrypto on July 10, 2020, 11:58:44 PM
If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.      
Bittrex was on top before when it comes to this one but because of too much competition, Bittrex didn’t see Binance coming since they are too much regulations when using Bittrex, people easily transfer to other exchange which we can say right now is a good one. These two are still a good exchange, but for now I’m more active on Binance and very rare to use Bittrex.

If a crypto exchange didn’t do anything to develop something new, then one day new exchange will replace them for sure. Good thing here is that, Binance continues to grow and made a lot of good investment this is why they are still on the top spot.


Title: Re: Binance compared to other Crypto Exchange.
Post by: electronicash on July 11, 2020, 12:34:18 AM

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?


Title: Re: Binance compared to other Crypto Exchange.
Post by: michellee on July 11, 2020, 01:30:01 AM

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?
That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.


Title: Re: Binance compared to other Crypto Exchange.
Post by: electronicash on July 11, 2020, 01:47:11 AM

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?
That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.

binance keeps gaining more users and promotes more advantageous option to them as well to maintain being on top. they meant to stay on top of the game.

its the first i have heard of that isolated margin trading. investing to those defi assets is already meant to make money out of it but binance also want to compete them?
lending on Aave platform or Comp platform is already a good option to earn for those who just want this kind of business.


Title: Re: Binance compared to other Crypto Exchange.
Post by: michellee on July 11, 2020, 02:58:24 AM

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?
That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.

binance keeps gaining more users and promotes more advantageous option to them as well to maintain being on top. they meant to stay on top of the game.

its the first i have heard of that isolated margin trading. investing to those defi assets is already meant to make money out of it but binance also want to compete them?
lending on Aave platform or Comp platform is already a good option to earn for those who just want this kind of business.
Hey, that is my first time too, but I think finance has another reason why they do that. When it comes to money, every people, every company will want to get, and they will follow the trend to earn money. That happens too with finance because they see that it will give them a chance to make more money. I already used bitcoin to lend to the traders, and if that can give me a way to make more money, then I will try it out ;D


Title: Re: Binance compared to other Crypto Exchange.
Post by: wozzek23 on July 11, 2020, 08:54:40 AM
Right from the time I got to know about Binance, I don’t think Bittrex should be compared to it, because Binance has always been far much better than the majority of the other exchanges we have. I always see Binance as the number one exchange in the cryptocurrency market, followed by Coinbase before you will arrive on Bittrex and Kraken and the rest of them. In recent times, binance has aquired many exchanges and few crypto related services as well; among them acquiring coinmarketcap website for rumored $400 million must be one worth the mention here. These all makes them how stronger with their business model.

Kraken is another good exchange too, but I will always put Binance as the number among them all. And the good thing about them is that they keep spreading out and adding more new features all the time. They are really doing their best more than most of the exchanges we have. This is my personal opinion, can be a different thing for others.


Title: Re: Binance compared to other Crypto Exchange.
Post by: dg2010 on July 11, 2020, 12:36:56 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.


Title: Re: Binance compared to other Crypto Exchange.
Post by: verita1 on July 11, 2020, 01:02:31 PM
Binance offers users what they need, that is the reason for its success and it is proven. CZ is managing to create a product with many advantages, it offers useful features for the community.

Quote
CZ

Media Interview.
Q: How did you create your expansion strategy 3 years ago? And plan to grow so rapidly?
Me: didn't have a strategy or plan.
We just built what our users told us to build.

https://twitter.com/cz_binance/status/1278588364422148101?s=19 (https://twitter.com/cz_binance/status/1278588364422148101?s=19)

...

But the other exchanges in the top of the best do not lag behind they are also in constant transformation.


Title: Re: Binance compared to other Crypto Exchange.
Post by: RealMalatesta on July 11, 2020, 03:08:05 PM
That is what other places always lacked as well. Just to give an example, poloniex was the most used crypto exchange for a while, they weren't fiat to crypto neither (like coinbase) they were totally altcoin and bitcoin (like binance) and you know what they did? Instead of adding as much crypto as possible, they removed the low volume ones and made the list even shorter back in their hay day.

So as you can see, adding more and more coins is the important part, without more coins you are removing a ton of volume and as an exchange the most important thing you have is high volume, without high volume you are not making full potential profit. I get it it could be hard to add a lot of coins and keep them with low volume, but add as much as you can, add 1000 of them, you can remove the low volumes later.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Fredomago on July 11, 2020, 03:28:12 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.

For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.



Title: Re: Binance compared to other Crypto Exchange.
Post by: electronicash on July 12, 2020, 07:54:49 AM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.
I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.

For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.


you might wanna go back to your bittrex account, you probably have some funds there like the airdrop of Ontology. i'm not sure when it did happen. but probably they've also airdropped some other tokens. even at the times when bittrex is less used by traders, they were developing their global platform and they also have for Asian markets, they are still up to compete fairly unlike the cryptopia.


Title: Re: Binance compared to other Crypto Exchange.
Post by: aioc on July 12, 2020, 09:38:34 AM
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Mrengage on July 12, 2020, 10:30:32 PM
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.

That's if the coin is able to pay up the amount they will take to run and IEO on kucoin or binance because this two Exchange are way to cool and loveable by lots of traders and so to say the project (coin) is likely to do well in those two Exchange.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Lanatsa on July 12, 2020, 10:58:20 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

When we do talk about Bittrex then they do already passed up their prime days and when Binance was still new then Bittrex is one of the exchangers that are on top spot and we know that
issues do arise.

It drops it ranking to the entire market but still somehow able to managed to cling up to get some marketshare. Binance do really know to play up the game where they are extending as far as they
can in terms of services given to the community and this is where they do strengthen up their reputation.

Bittrex is also a good place though but it all matters with choice.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Nellayar on July 12, 2020, 11:31:37 PM
What are the things that I like in binance?

The first one is the liquidity and volume. Most of the traders are looking for the liquidity and volume of the coins because fake volumes and low liquidity can be a threat to our trades specially if we hang up to the top. Probably, it is 100% lose trade when there is fake volumes. Second, the sustainability of binance when it comes to security and privacy. We knew that there is already a hacking incident in binance and we can`t avoid that thing. But binance took an immediate response to the said case. Lastly, most of the coins found in binance has future and development just like, link, erd and chr.



I had traded in different kinds of exchange but top exchanges are the most profitable and safe place for our money. Even the trading fees and transaction fees are a bit higher.


Title: Re: Binance compared to other Crypto Exchange.
Post by: ololajulo on July 12, 2020, 11:36:52 PM
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).
Bittrex was never in that top position like binance is now, I poloniex even did better, although they were one of the exchanges with real volume and better coin because they dont allow any project but they also only stick to exchanging coin alone, nothing else, no DEX,No exchange coin etc.


Title: Re: Binance compared to other Crypto Exchange.
Post by: babygun on July 13, 2020, 05:57:32 PM
Binance should not be compared to Bittrex there is no comparison, it's better to make comparison between Binance and Kucoin, these two are the top exchange for me, top security features, well managed marketing and best supports, if a coin decides to launch an IEO, they should narrow the selection between the two.

You can't also really compare Kucoin with Binance I find. Binance has more options and a much higher volume compared to Kucoin. I also like Kraken, good support, good security and they are expanding the list of the coins they are offering.


Title: Re: Binance compared to other Crypto Exchange.
Post by: BitcoinTurk on July 13, 2020, 09:23:30 PM
I think this comparison is not very accurate because it is not possible to evaluate the services included in the comparison in general. For example, one service might be better for some feature or comparison issues, while the other service may be better for other features or encounters. For this reason, it is not right to make such an accurate assessment. Of course, in general, comparisons can be made in a few different areas, and results can be obtained depending on these comparisons, but it should not be forgotten that these results are not correct.


Title: Re: Binance compared to other Crypto Exchange.
Post by: hulla on July 13, 2020, 09:42:30 PM
Binance is an awesome exchange which make most cryptocurrency traders or enthusiasts view exchange site as something that worth trusting in because back in the 2016 when Binance is yet to be number one exchange site people in the crypto scheme usually used the strategy of not storing the amount they can't afford to loose on exchange site.


Title: Re: Binance compared to other Crypto Exchange.
Post by: crzy on July 13, 2020, 11:37:09 PM
Cryptoexchanges are growing and Binance leads the market as of today but we don’t know in the future. Most of the top exchanges are offering different services and securities and if you want to trade for good then choose the best that fits your needs and satisfaction. If your token doesn’t listed on Binance, then you have no choice but to use other exchanges so I think this kind of comparison will always depend on the tokens that you have. But if full time trader, then I also go to Binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: carlfebz2 on July 13, 2020, 11:59:13 PM
Cryptoexchanges are growing and Binance leads the market as of today but we don’t know in the future. Most of the top exchanges are offering different services and securities and if you want to trade for good then choose the best that fits your needs and satisfaction. If your token doesn’t listed on Binance, then you have no choice but to use other exchanges so I think this kind of comparison will always depend on the tokens that you have. But if full time trader, then I also go to Binance.

Nothing do really last up on the top spot forever but Binance is pretty doing well in terms of marketing and expanding their scope of their platform which do really had several industries that they are already involved into and this is what makes them different compared to other platforms which they are somewhat aggressive into that part.

When it comes to trust and reliability then theres no question for those places that had been commonly used by many which you can already presumed out that all of the qualities that traders do seek on
such platform is already present and the numbers would be the proof itself.


Title: Re: Binance compared to other Crypto Exchange.
Post by: GreatArkansas on July 14, 2020, 12:42:56 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE,(...)
Back in the days, Bittrex is one of the popular exchange in the cryptocurrency scene, and Binance is still not so popular before then.
But around 2017 - 2018 bull run, Binance started to make scene in cryptocurrency and that was the start of Binance to become popular, and Bittrex also starts become not popular after there are some new exchanges popping out.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Findingnemo on July 14, 2020, 01:41:02 PM
Who is offering the best service will get more users which is actually happened with Binance and their SAFU made them more popular among other top exchanges which resulted them into their wild growth as you are talking about.I do use Binance exchange but not much often because I am now concentrating on fiat to crypto and vice versa trading and it is also very rare in these days.


Title: Re: Binance compared to other Crypto Exchange.
Post by: ChiBitCTy on July 14, 2020, 03:06:23 PM
I'm a big fan of Binance as well and they certainly have done a good job with setting up a platform thats intuitive, easy to use, and has a lot of different options.  It kind of reminds me of my TD Ameritrade Account which I think is the best traditional exchange platform out there.  Definitely my favorite platform for trading.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Yamifoud on July 14, 2020, 04:12:27 PM
It is people's choice its either Binance, Bittrex, or other exchanges and that is certainly based on where they become comfortable with. It may be the majority of the traders who will choose Binance because of popularity, market volume, and as well as the security leads to it ( well, that is comforting).

Binance has already been proven how they responses to the market crisis and despites from the hacking events last year but still were able to stand and retain their reputation. This is how people giving back their trust to it and for sure, they are worthy of our trust, and this also a reason why they keep soaring as many traders giving their support as well.


Title: Re: Binance compared to other Crypto Exchange.
Post by: andreibi on July 14, 2020, 04:26:20 PM
Bittrex dropped the ball when they kept adding and delisting shitcoins each week. They didn't care if it was a scam or not. This is the period when Poloniex became number one with their careful additions. And then Poloniex introduced margin trading. It made them solidly at number one.

However, Poloniex suddenly ran into customer related problems - piling withdrawal problems. People were scared of an exit scam in the making. This was the time Binance stepped in and took away the trading volume and became the number one. Poloniex was then sold for unknown reasons, maybe to avoid exit scamming remaining users.


Title: Re: Binance compared to other Crypto Exchange.
Post by: yhiaali3 on July 14, 2020, 04:58:44 PM
I have not used the Bittrex exchange before but I have used Binance for a long time but the sad thing is that I was banned due to the banning of some countries from the services of Binance in the recent period, in any case through my work in Binance the last period I say yes really it is one of the best exchanges in terms of volume and other services as well and is constantly developing its services. I think that's why it is the most popular exchange in the world.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Latviand on July 15, 2020, 12:32:11 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.

Compared to Bittrex, for me, Binance is a user-friendly as it is much easier to access and the interface is much easy to use and understand.

I'm a Binance user since 2017, and I found it really effective to me as it makes me feel comfortable with my asset and trading journey.

This is the best cryptocurrency exchange for me and very suitable for my preferences. Its functionality is no doubt a good quality for its customer. Also the good thing here in Binance is that if there is some issues, they troubleshoot and fix it immediately so that their response towards the problem is fast. That will make them to have a good reputation when people are looking for a best exchange compared to other crypto exchange.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Restmand on July 15, 2020, 02:41:05 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Well for me if you ask me to compare the two, I would better choose Binance because it is easy for me to trade and a lot of chance to earn for BTC because they have lots of promotions to their new token to be launched. A big volume of traders are also trading in Binance and has lot of opportunities to make. I am not so familiar with bittrex maybe because I am contented to do trading on binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Arkann on July 15, 2020, 03:48:34 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Well for me if you ask me to compare the two, I would better choose Binance because it is easy for me to trade and a lot of chance to earn for BTC because they have lots of promotions to their new token to be launched. A big volume of traders are also trading in Binance and has lot of opportunities to make. I am not so familiar with bittrex maybe because I am contented to do trading on binance.
I think that even if you get acquainted with Bittrex, then after using the Binance, Bittrex you definitely will not like it. In fact, I also started my activity back in 2016 and, on the advice of my friends, I used exclusively Bittrex, although at that time there was not very much variety. but today I use only binance and I even forgot about Bittrex, since Binance not only has a successful and very convenient interface, but also brilliantly designed functionality for any trader.
In addition, the binance has a very good function with the binding of bank cards, which I plan to test in the near future.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Renampun on July 15, 2020, 03:53:40 PM
...
High security and real volume trading are the advantages of Binance...
actually I have never used Bittrex so I can't say what I experienced but I actively use Binance, since I first used Binance 2 years ago, until now I have not found a personal problem, Binance is the best for me.


Title: Re: Binance compared to other Crypto Exchange.
Post by: teosanru on July 15, 2020, 03:54:04 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Binance is definitely the best exchange in the world at this point and will definitely pick heat in upcoming days. Earlier binance had one problem which was margin trading and leverage but with bringing more coins in margin trading than Bitmex it has covered that space too. Moreover capturing various exchanges around the world ensure that they are able to provide facilities of easy fiat withdrawals too. Bittrex is now a long forgotten exchange.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Mumbeeptind1963 on July 15, 2020, 03:56:03 PM
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).
Agree with you, I remember that time, my friend's bitcoin got stock in his wallet, and it took him month before he get it and from that day I did not use bittrex so far, instead I use exchanges like binance, bibox and kucoin, because as per my experience, they are easily to contacted not like bittrex that time.


Title: Re: Binance compared to other Crypto Exchange.
Post by: el kaka22 on July 15, 2020, 05:08:18 PM
The thing about binance that makes them so powerful and so big is the fact that they gave out 50% of the commissions for affiliates for a long time when they started, that meant that affiliates were basically half owners of the website.

Whatever the website was making, half of it went to people who invited others to that website. And there was ICO process as well that they gave BNB to investors so there was a lot of things relied on them being good. Of course that meant people shared their affiliate links to binance everywhere, I have seen it literally every single crypto related place, people shared their links on telegram, on forums, on chat channels, on social media, it was like a huge craze and that is how they got so big. I guess them being a proper company also helped a lot as well.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Oilacris on July 15, 2020, 11:59:09 PM
The thing about binance that makes them so powerful and so big is the fact that they gave out 50% of the commissions for affiliates for a long time when they started, that meant that affiliates were basically half owners of the website.

Whatever the website was making, half of it went to people who invited others to that website. And there was ICO process as well that they gave BNB to investors so there was a lot of things relied on them being good. Of course that meant people shared their affiliate links to binance everywhere, I have seen it literally every single crypto related place, people shared their links on telegram, on forums, on chat channels, on social media, it was like a huge craze and that is how they got so big. I guess them being a proper company also helped a lot as well.

In short they arent really greedy as hell on setting out that 50% commission for affiliates which you cant see in any platforms that do offer such high rate.Its anticipated that people will surely dive into this one
spreading all the links in all lurks in the net since they do know the money making possibility.

Also, they had joined out other industries as well on where they do able to spread out their exposure and popularity even more.They might not really that  much active to marketing or advertisement but their
current developments and updates do such stuff instead.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Shasha80 on July 16, 2020, 12:58:45 AM
Binance exchange can be the best exchanges right now because CZ is the owner of a smart in promotion. Many promotional activities
are carried out by Binance, especially on social media. Even only Binance dares to give big rewards for affiliate programs. Not only from
the promotion of the advantages of Binance exchange, but services and complete trading features make Binance attracted many people.
Nowadays it is indeed very difficult for other exchanges to be able to defeat Binance.



Title: Re: Binance compared to other Crypto Exchange.
Post by: mersal on July 16, 2020, 05:55:24 AM
The thing about binance that makes them so powerful and so big is the fact that they gave out 50% of the commissions for affiliates for a long time when they started, that meant that affiliates were basically half owners of the website.

Whatever the website was making, half of it went to people who invited others to that website. And there was ICO process as well that they gave BNB to investors so there was a lot of things relied on them being good. Of course that meant people shared their affiliate links to binance everywhere, I have seen it literally every single crypto related place, people shared their links on telegram, on forums, on chat channels, on social media, it was like a huge craze and that is how they got so big. I guess them being a proper company also helped a lot as well.

In short they arent really greedy as hell on setting out that 50% commission for affiliates which you cant see in any platforms that do offer such high rate.Its anticipated that people will surely dive into this one
spreading all the links in all lurks in the net since they do know the money making possibility.

Also, they had joined out other industries as well on where they do able to spread out their exposure and popularity even more.They might not really that  much active to marketing or advertisement but their
current developments and updates do such stuff instead.
Low fee structure is the secret key behind their huge growth to be honest, even shit exchange pend lot of money for advertisement but Binance paid the money to their users so they got the benefits and as well as the trust of traders.Now they are going unstoppable with their development and also they are now concentrating on fiat trades as well like they bought wazirx recently this year and also heard that they are going to launch an exchange for Filipino users.


Title: Re: Binance compared to other Crypto Exchange.
Post by: AniviaBtc on July 16, 2020, 01:34:31 PM
...
High security and real volume trading are the advantages of Binance...
actually I have never used Bittrex so I can't say what I experienced but I actively use Binance, since I first used Binance 2 years ago, until now I have not found a personal problem, Binance is the best for me.

One of the most important features in a crypto exchange is its security.

People are looking for an exchange that prioritize the security of its customer to prevent having a bad reputation and to have more customers.

Binance will help you to become comfortable on their platform so that you will not be afraid of accessing their exchange. I know that there are also a lot of cryptocurrency exchange that has a high security, but Binance made me comfortable in my transactions. Also it has a lot of customers so that it is guaranteed for you to access it because there are a lot of trusted users here for so long.


Title: Re: Binance compared to other Crypto Exchange.
Post by: AakZaki on July 16, 2020, 10:10:42 PM
~snip~ Also the good thing here in Binance is that if there is some issues, they troubleshoot and fix it immediately so that their response towards the problem is fast. That will make them to have a good reputation when people are looking for a best exchange compared to other crypto exchange.
Binance is not just a popular exchange, but it also attaches great importance to the best service for its users. problem solving can be resolved quickly because the Customer Service binance will be alert to help find a way out. A large exchange is not only seen from how popular and how much volume is owned, but is seen from the services provided. Binance continues to be developed and embedded with a variety of new features. Website and mobile application interfaces also provide convenience and comfort when using it. Security also continues to be improved to maintain the assets owned by users.


Title: Re: Binance compared to other Crypto Exchange.
Post by: kakonhat on July 17, 2020, 10:26:16 AM
Everywhere you can see the competition. So, there will not be any doubt to see the competition between the cryptocurrency exchange. Whatever we can see Binance is growing so fast than other old or new exchange. I think Binance is so popular than Coinbase because of their hard-working.


Title: Re: Binance compared to other Crypto Exchange.
Post by: milandres0207 on July 17, 2020, 11:37:59 AM
Binance shouldn't be compared to other exchanges, because they're not the same in terms of marketing strategy. They may have a similarity but not 100% of course. Although, Binance is one of the top platform exchanges in the crypto market. But as long as you are earnings in the exchange I could say that platform is good and helpful for the individual traders.


Title: Re: Binance compared to other Crypto Exchange.
Post by: pragna on July 17, 2020, 03:03:44 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.

Please don't compare with Binance and Bittrex exchange. There are Sky-underground spacing between two exchanges. The market volume of daily trade is 1/3 of Binance in Bittrex. In 24 hours trading volume ranking today Binance is 1 and Bittrex is 10. So how can you compare between these two exchange. you can campare with 1-3 ranking.

thanks.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Distinctin on July 17, 2020, 03:10:14 PM
Binance will continue to grow, Bittrex I don't know, maybe their time is already up and they won't able to live with the competition in the top.
But anyway, Bittrex still got millions of dollars trading volume daily, so they still make money, but compared to Binance, there's a big difference as Binance could sometimes climb to $1 billion trading volume, while other exchange stays with their usual.

look at the difference here. https://coinmarketcap.com/rankings/exchanges/

1-Binance - $3,989,239,481

10- Bittrex -  $37,159,558


Title: Re: Binance compared to other Crypto Exchange.
Post by: cryptothreads on July 18, 2020, 02:10:25 AM
Everywhere you can see the competition. So, there will not be any doubt to see the competition between the cryptocurrency exchange. Whatever we can see Binance is growing so fast than other old or new exchange. I think Binance is so popular than Coinbase because of their hard-working.
Each exchange will have its own strengths, but at the moment, Binance is getting better because they are interested in joining more different fields and we will certainly hear more about Binance in the near future.

In addition, Binance recently issued a payment card and this is something that I am very surprised because no exchange has dared to do this during the past time. Hopefully, everything will be fine because I believe in Binance and will support their upcoming plans.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Moyna Akter on July 18, 2020, 05:46:46 AM
At the present time Binance to trade relatively better than other exchangers. The trading volume and liquidity of the altCoins listed on the Binary Exchange are very high which makes traders interested in trading here. Each exchanger has some different features that make the exchangers attractive to traders and in this case,Binance is much better exchange than  Bittrex.


Title: Re: Binance compared to other Crypto Exchange.
Post by: iv4n on July 18, 2020, 07:48:13 AM
At the present time Binance to trade relatively better than other exchangers. The trading volume and liquidity of the altCoins listed on the Binary Exchange are very high which makes traders interested in trading here. Each exchanger has some different features that make the exchangers attractive to traders and in this case,Binance is much better exchange than  Bittrex.

I would agree with "each exchange has some different features", its how every exchange attract users! Exchange is good as long as it suits your needs, you like the interface, you like the features, it's important it's reliable, secure, and you like it generally. Binance is the exchange that attracts many people, and they are the biggest, but it doesn't mean that we should use only binance and forget about other exchanges. I spend most of my trading time on kucoin, it's where I like to trade.


Title: Re: Binance compared to other Crypto Exchange.
Post by: bearexin on July 18, 2020, 08:59:21 PM
I would say the quickest way to compare would be the liquidity. Binance is loved by everyone and there is the proof of it with all the people who are there and trading, look at what they are doing right now and how much they are improving, even being at the top they are still putting new stuff constantly and never stopping which makes them stay at the top.

Let's be honest there has been dozens of exchanges that became the biggest exchange for a while but when they got there they didn't end up doing much and just ride that success for a while until somewhere else came in and became the new top. Binance is not like that, they are the best one out there but they realize they need to constantly improve in order to stay there and that is why they haven't lost that spot.


Title: Re: Binance compared to other Crypto Exchange.
Post by: carlfebz2 on July 18, 2020, 09:15:06 PM
At the present time Binance to trade relatively better than other exchangers. The trading volume and liquidity of the altCoins listed on the Binary Exchange are very high which makes traders interested in trading here. Each exchanger has some different features that make the exchangers attractive to traders and in this case,Binance is much better exchange than  Bittrex.

I would agree with "each exchange has some different features", its how every exchange attract users! Exchange is good as long as it suits your needs, you like the interface, you like the features, it's important it's reliable, secure, and you like it generally. Binance is the exchange that attracts many people, and they are the biggest, but it doesn't mean that we should use only binance and forget about other exchanges. I spend most of my trading time on kucoin, it's where I like to trade.

It is indeed does depend on which exchange does give out your needs or suits your needs but you cant blame out people on now to praise up binance since this is one of the top exchangers at the moment.

I  can say that most platform do really have the same features and functionalities.They do only differ in UI/UX and design  but overall they are just the same.The only thing is that

they do able to get attraction to the community which do really make them too popular.Also we know that several factors is the key too when it comes to success and theyve done it pretty well.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Kelvinid on July 18, 2020, 11:07:25 PM
I would say the quickest way to compare would be the liquidity. Binance is loved by everyone and there is the proof of it with all the people who are there and trading, look at what they are doing right now and how much they are improving, even being at the top they are still putting new stuff constantly and never stopping which makes them stay at the top.
Binance works it at most perfection. Traders could tell their bad and good experience in all exchanges they have before and they just turn back where they feel comfortable and hits their expectations. There are a lot of things that Binance have proved to become the top-rated exchanges, liquidity, hacking issues( how the fix it), trading volume, and many others.

Let's be honest there has been dozens of exchanges that became the biggest exchange for a while but when they got there they didn't end up doing much and just ride that success for a while until somewhere else came in and became the new top. Binance is not like that, they are the best one out there but they realize they need to constantly improve in order to stay there and that is why they haven't lost that spot.
This is all about trust and confidence. And people have found Binance did the most than the others that makes them more popular in these days. Unlikely, other exchanges lose the competition and agreed to you because of their developments, it looks like they missed it and let others to take.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Zemomtum on July 18, 2020, 11:52:53 PM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat


Title: Re: Binance compared to other Crypto Exchange.
Post by: Denamen on July 19, 2020, 02:25:07 AM
At the present time Binance to trade relatively better than other exchangers. The trading volume and liquidity of the altCoins listed on the Binary Exchange are very high which makes traders interested in trading here. Each exchanger has some different features that make the exchangers attractive to traders and in this case,Binance is much better exchange than  Bittrex.
Of course, Binance will be much better than Bittrex because Binance is always changing to suit the needs of investors and never stands still so this is the main reason why this exchange is always successful. There is currently no exchange that can be compared to Binance because its liquidity is considered to be the most stable in the crypto market. In addition, some exchanges like Okex or Huobi are the second options that you should consider because these two exchanges are also a lot of people choose when investing.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Coin_trader on July 19, 2020, 02:31:27 AM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat

Simply Binance has lot of capital for marketing and connection compared to bittrex. When binance enter in to the exchange industry, Bittrex is already crumbling due to many account being frozen without further notice and most of that account contains huge balance. Despite of too many complaints about bittrex they still didn't solve issue until binance finally have a grand entrance. They do many giveaway and free listing. They have also a great market maker that can provide huge amount of liquidity.

Binance is really the best in terms of liquidity and promotion. Until now. No exchange can beat binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Oilacris on July 19, 2020, 08:32:40 AM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat

Simply Binance has lot of capital for marketing and connection compared to bittrex. When binance enter in to the exchange industry, Bittrex is already crumbling due to many account being frozen without further notice and most of that account contains huge balance. Despite of too many complaints about bittrex they still didn't solve issue until binance finally have a grand entrance. They do many giveaway and free listing. They have also a great market maker that can provide huge amount of liquidity.

Binance is really the best in terms of liquidity and promotion. Until now. No exchange can beat binance.

They are already too big for other exchange to beat it down or even to those new players that are tending to thrive in on exchange market.I remembered those days that Bittrex is indeed famous
but one day their reputation had been fucked up due to various issues that havent been resolved.

I cant really deny that Binance is indeed good when it comes to timing and marketing on where they do able to make themselves big in a short span of time.

Its just like almost a wildfire that do scatter out and making themselves big that no other exchange do able to do so.


Title: Re: Binance compared to other Crypto Exchange.
Post by: brotherwood12 on July 19, 2020, 09:16:12 AM
...
High security and real volume trading are the advantages of Binance...
actually I have never used Bittrex so I can't say what I experienced but I actively use Binance, since I first used Binance 2 years ago, until now I have not found a personal problem, Binance is the best for me.
Do you belong to people who do not like changes in life? :D


Title: Re: Binance compared to other Crypto Exchange.
Post by: leyton11 on July 19, 2020, 09:28:54 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Bittrex is now a thing of the past, it used to be one of the big exchanges of the crypto market but after a few years they have been outperformed by a lot of exchanges. Bittrex's development team is now quite indifferent to the traders there, they do not offer any policies to attract traders and no longer seem to want to develop Bittrex. If we talk about comparisons, I think we should compare Binance with Huobi Global, Coinbase, and Bitfinex, which are the prominent exchanges right now.


Title: Re: Binance compared to other Crypto Exchange.
Post by: LbtalkL on July 19, 2020, 02:57:45 PM
From the time I entered crypto Bittrex and binance is almost the same level, I guess bittrex is more popular that time it was on the year 2017, I guess binance just launch their exchange than time. For several years binance climb up to the top and they are really deserving, they are not just a crypto exchange, but they also help to spread cryptocurrency awareness around the world. Recently they celebrated the 3rd binance anniversary live and you can see they are all over the world, they have grown the crypto and binance family.


Title: Re: Binance compared to other Crypto Exchange.
Post by: The Sceptical Chymist on July 19, 2020, 06:40:44 PM
OP, I had a very hard time trying to understand what you were trying to say and I'm still not sure what kind of opinions you're soliciting here. 

Assuming this is a Binance vs. Bittrex thread, I have to confess that I've never used the latter.  But I have used Binance before, though it's been a long time since I've even been on their site.  When they restructured their US operations, my state was excluded and so I'm unable to use them anymore.  It's a shame, because I think they're one of, if not the best exchanges out there.  That said, I haven't heard much criticism of Bittrex and I'm assuming they're one of the top ones as well.

look at the difference here. https://coinmarketcap.com/rankings/exchanges/

1-Binance - $3,989,239,481

10- Bittrex -  $37,159,558
Mm, yeah.  That's a pretty good metric for comparison.  I'm not surprised, either, because Binance has been becoming the dominant exchange for quite some time now, and unless something goes seriously wrong with them I'd expect Binance to be putting a lot of the smaller exchanges out of business.


Title: Re: Binance compared to other Crypto Exchange.
Post by: elewton on July 20, 2020, 05:10:29 AM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat

Simply Binance has lot of capital for marketing and connection compared to bittrex. When binance enter in to the exchange industry, Bittrex is already crumbling due to many account being frozen without further notice and most of that account contains huge balance. Despite of too many complaints about bittrex they still didn't solve issue until binance finally have a grand entrance. They do many giveaway and free listing. They have also a great market maker that can provide huge amount of liquidity.

Binance is really the best in terms of liquidity and promotion. Until now. No exchange can beat binance.
Binance is the only exchange that has received a lot of support and lots of articles mentioning this exchange during the past 3 years. I'm sure people will tend to stay more on this exchange and Binance always has a way to attract new participants from other exchanges. I have been trading here for over 2 years and until now this exchange has helped me to have a different life.


Title: Re: Binance compared to other Crypto Exchange.
Post by: CarnagexD on July 20, 2020, 05:37:26 AM
At the present time Binance to trade relatively better than other exchangers. The trading volume and liquidity of the altCoins listed on the Binary Exchange are very high which makes traders interested in trading here. Each exchanger has some different features that make the exchangers attractive to traders and in this case,Binance is much better exchange than  Bittrex.
Of course, Binance will be much better than Bittrex because Binance is always changing to suit the needs of investors and never stands still so this is the main reason why this exchange is always successful. There is currently no exchange that can be compared to Binance because its liquidity is considered to be the most stable in the crypto market. In addition, some exchanges like Okex or Huobi are the second options that you should consider because these two exchanges are also a lot of people choose when investing.

Binance security is also good compared to other crypto exchange, in contrast with Bittrex, in 2018, bittrex got hacked and probably they already fixed that issue.

That's the reason why Binance is the best for me, I suggest you to try it and make your own conclusions towards this platform. Not only the transactions are always successful and fast, but its services are really satisfying. Coinbase is good also if you want to have another option. They have small differences but Binance is much faster and its crypto wallet that it provides is really secured and I'm confident with that whenever I trade. If you need to search more information about exchanges that is guaranteed and reputable, probably you will see Binance on the top of the list.


Title: Re: Binance compared to other Crypto Exchange.
Post by: gabbie2010 on July 20, 2020, 11:31:34 AM
I will say binance is more better than bittrex, Infact for me currently, binance is my best exchange so far, binance team are working towards developing the exchange everyday compare to bittrex, though years back, bittrex is better when will talk about trading volume, but currently I will give it to binance.
I strongly agreed that binance has an edge over bittrex in all ramifications as far as exchanges is concerned in term of traders base, volume traded, popularity and more secured while their interface is very friendly of course I am not condemning bittrex they are also good and are favored by some cryptocurrencies traders.


Title: Re: Binance compared to other Crypto Exchange.
Post by: kynaz on July 20, 2020, 11:35:09 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Bittrex is now a thing of the past, it used to be one of the big exchanges of the crypto market but after a few years they have been outperformed by a lot of exchanges. Bittrex's development team is now quite indifferent to the traders there, they do not offer any policies to attract traders and no longer seem to want to develop Bittrex. If we talk about comparisons, I think we should compare Binance with Huobi Global, Coinbase, and Bitfinex, which are the prominent exchanges right now.
There was a time when Bittrex dominated this market, but this exchange did not change anything that made investors less interested. If compared to exchanges like Binance, Binance will definitely be much better than Bittrex because they always know how to change to fit the current market situation. In addition, Binance is having more new ideas in the financial field and will soon implement this year.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Distinctin on July 20, 2020, 11:47:19 AM
look at the difference here. https://coinmarketcap.com/rankings/exchanges/

1-Binance - $3,989,239,481

10- Bittrex -  $37,159,558
Mm, yeah.  That's a pretty good metric for comparison.  I'm not surprised, either, because Binance has been becoming the dominant exchange for quite some time now, and unless something goes seriously wrong with them I'd expect Binance to be putting a lot of the smaller exchanges out of business.

I just noticed that big disparity when they started to run the CMC, before, they are not consistent with the number 1 spot although I read a lot of post here and outside that Binance is the most popular exchange, but now, I think I am convince since they are really in domination as we can see in the comparison of figure.


Title: Re: Binance compared to other Crypto Exchange.
Post by: alan2here on July 21, 2020, 02:31:12 AM
Binance is number 1 in the last few years and upto this now I believe to this exchanges site that will remain what is it rank .
Until now for me binance is best and all you need features that you want to see is in the binance so many people are registered and still  trading even there is hacking that we knew it of course but still secure to trade .
I agree with you. Binance during the past 3 years has always maintained a high rating in this market and the liquidity at this exchange is always stable so you will not have any problems when trading here.

In addition, Binance is focusing on a lot of new areas and this will definitely make Binance more and more popular. At this point, the security issue has been resolved and Binance is sure they will be more careful in asset management.


Title: Re: Binance compared to other Crypto Exchange.
Post by: bocyaj on July 21, 2020, 05:19:06 PM
Binance is my favorite one.It had lot of trusted altcoin in it.If the coin is placed in binance,it give some positive feedback to the investors.So if you are new investor ,just get into binance and create a account in it.Then choose the coin by reviewing the market standard of that coin over 6 months of period.After investing hold the coin and get some profit from it.


Title: Re: Binance compared to other Crypto Exchange.
Post by: rexxarofmoknathal on July 21, 2020, 09:26:06 PM
Binance is definitely one of the best platforms in my experience. It's got a huge range of different feature to use, beyond just simple trading, like staking, saving, and trading competitions.

I'd definitely like to see them get involved in the defi lending space though. I wouldn't be surprised if they dont launch their own DeFi Dapp soon, the same goes for Tron too since they're always jumping on the bandwagon for new trends.


Title: Re: Binance compared to other Crypto Exchange.
Post by: 7788bitcoin on July 22, 2020, 05:18:45 PM
Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).
Bittrex was always an underrated exchange and it came into prominence when Poloniex who was once a market leader started having all the issues with the exchange and the bugs started creaping up with all the shit coins enrolled in them and they were not able to handle things and most of the people moved to Bittrex during that time that gave everyone a decent platform without much issues and Binance is the new kid in the block and till now they are pretty decent without much issues and looks like they are taking things seriously to hold the market position unlike other exchanges in the past.

@OP i really do not identify these coins mentioned for zero interest lending to call it the next big thing.


Title: Re: Binance compared to other Crypto Exchange.
Post by: barbara44 on July 22, 2020, 06:13:21 PM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat
Bittrex also does not understand the problem of their traders as I had a issue where I mistakenly deposited waves platform bitcoins into their address and when I asked them please can they help me out then they just denied me and told me there was no way to recover it. I know it is my fault but a true exchange should listen to it's members.

I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.


Title: Re: Binance compared to other Crypto Exchange.
Post by: chaser15 on July 22, 2020, 07:54:13 PM
I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.

I second. Trading in Binance makes me feel safe and secure. I know the risks of using a third-party service but the way Binance built their reputation, I don't see any reason why they shouldn't sustain their good and best reputation in the crypto world.

Also user friendly as anyone can deposit and withdraw without undergoing a full KYC unless we care for account limits.

I will only use Bittrex if, by any chance, I've wanted to swing on a coin or token that only listed there.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Anonylz on July 23, 2020, 10:07:52 AM
Bittrex has lost ot far back as at 2017, Binance leverages in the incompetencies and shortcoming to build an exchange that will be most welcome to the crypto community and that is what we are witnessing it today. As at today, in terms of user experience, liquidity, services etc, Bittrex cannot contend in the top 40, an exchange that has one be in the leader seat
Bittrex also does not understand the problem of their traders as I had a issue where I mistakenly deposited waves platform bitcoins into their address and when I asked them please can they help me out then they just denied me and told me there was no way to recover it. I know it is my fault but a true exchange should listen to it's members.

I feel so peace of mind when I trade at binance because it feels like safe as a bank and their support team quickly replies and is actually very friendly. I don't trade much but whatever trades and buy/sell of coins I make, it happens all on binance because they are just too far ahead of their competitors.

Exactly bro, the feeling of trading on Binance is not comparable to other exchanges, Binance customer care are always ready to take care of all your needs no matter how complicated they might appear to be,
Once upon a time bittrex was my favourite exchange but since the time they had a change of interface, I was no longer enjoying being around that exchange, to me bittrex fell from top to bottom,
Binance on the other hand work their way up so carefully, from bottom to top with a gap far ahead from the rest, do we still wonder why Binance is at the top on cmc! Everyone can agree they deserve it.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Sebas.tian on July 23, 2020, 11:23:38 AM
Though, the only cryptocurrency exchange which stood ahead of binance was Bittrex backed in 2017, but, "how are the mighty falling" to become the average?. Without iota of doubts, Binance is the world leading cryptocurrency exchange,  this could lead to market monopoly if not check now. This cryptocurrency exchange has what I need for trading and investing into any of my choosing coins in the market.


Title: Re: Binance compared to other Crypto Exchange.
Post by: sandos on July 23, 2020, 11:26:55 AM
Binance is definitely one of the best platforms in my experience. It's got a huge range of different feature to use, beyond just simple trading, like staking, saving, and trading competitions.

I'd definitely like to see them get involved in the defi lending space though. I wouldn't be surprised if they dont launch their own DeFi Dapp soon, the same goes for Tron too since they're always jumping on the bandwagon for new trends.
Binance is always aware of the current market situation and it is certain that in August they will launch a Defi project and this project will definitely be a project that you should not ignore because the opportunity to earn huge profits is very high. I feel very safe to choose to participate in this exchange because until now this exchange is still the number one in this market and no exchange can compare.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Spaffin on July 23, 2020, 12:17:53 PM
In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.


Title: Re: Binance compared to other Crypto Exchange.
Post by: semobo on July 23, 2020, 12:27:30 PM
In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.
Not several years, it has been only three years they exists but they had become very reputed in one year itself especially at the time of 2017 bull run.Binance giving different withdrawal limits for KYC verified so people still use to trade in small amount without getting verified which is also one of their reason to get more success because nowadays most exchanges made KYC as mandatory to trade their.


Title: Re: Binance compared to other Crypto Exchange.
Post by: rodskee on July 23, 2020, 12:35:48 PM
In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot.

Binance already excel from those top exchange that was once popular back then.

In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds.

It's allowed you to transact and not to worry about your fund once
you need to withdraw your money.
Option is there if you want to transact larger amount of money, processing
KYC if you need to transact with huge amount.


But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

Binance already have insurance, they've been hacked before and they bring
or assures traders to keep their assets.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Restmand on July 23, 2020, 12:43:22 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
For me I would prefer to trade on binance since it is very user's friendly, lots of volume of traders are on this site that is why this is good to trade on. Binance for me also easy to use and very informative, has many promotions to traders that can add income to them. Bittrex on the other hand is also good but I would love to trade on binance maybe because most of my friends are trading on it.


Title: Re: Binance compared to other Crypto Exchange.
Post by: chip1994 on July 23, 2020, 01:05:44 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.


Title: Re: Binance compared to other Crypto Exchange.
Post by: el kaka22 on July 23, 2020, 03:57:14 PM
They have reached this point with something incredible that I couldn't see it happening but somehow did happen. They both offered affiliate marketers 50% (at first) commissions for everyone they bring, and since it was a decent enough place that meant people all around the world pasted their links everywhere, this caused people to come.

But, also they dropped the trading fee 50% if the user picked BNB to pay as well. So, they did offered money to affiliate marketers but also dropped their income so I would assume it may have not worked but it worked pretty well. When you make it exchange such a place that people feel like they are part of the team you are actually making sure that more and more people would come and become a big family, that was their success.


Title: Re: Binance compared to other Crypto Exchange.
Post by: ashmodeus on July 23, 2020, 04:12:39 PM
well, cant be compared with other CEX exchange for now,i am really sure about what i am talking.The only one thing which we cant see from other CEX exchange is they always creating a new movement/features/idea which it bring positive review from crypto maniac.The simple words is we can see any other CEX exchange is like yahoo,but binance is google. they even dare buying another cex exchange which they thing it may bring good opportunity on the future.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Synaesthesia on July 24, 2020, 02:42:02 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.
Bittrex had a glorious past and during that time exchanges like Bittrex or Poloniex were one of the most successful exchanges and attracted a lot of participants. However, because there were no changes, investors felt very bored when trading here and that was when Binance appeared, making millions of investors feel more excited. In just 3 years, Binance has become the number one exchange in this market and no exchange is comparable.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Mpamaegbu on July 24, 2020, 07:00:10 AM
Your opinion to how you see binance and bittrex in the next generation are welcomed.
Your comparison of Binance and Bittrex is really a handicap match, for me. There was a time when Bittrex held sway as a leading exchange. And that time it was with Poloniex and a few others which are now taking a back seat. But at the moment Bittrex isn't a match for Binance. Check the daily trading volumes on both exchanges and you can only observe the difference. I will rather trade on Binance than Bittrex.


Title: Re: Binance compared to other Crypto Exchange.
Post by: kkofor on July 25, 2020, 03:48:14 AM
Cz Binance is really doing an awesome job in improving binance exchange, I remember when bittrex was the leading exchange then, I think bittrex caused their downfall by their self, first there is no improvement from the exchange and secondly they delisted lots of coin back then.

Binance exchange is creating more room for development, lots of countries can buy their token $btc, $bnb  and some other coins directly from the exchange, to me this is really a great improvement, adoption at its peak and very easy to use, lots of people have been scammed buying btc from third parties and here comes the most convenient way from Binance, so who's gonna use bittrex
Binance has absolute dominance in the crypto market and the company is adding more areas so it is likely that we will hear more about Binance in the near future. Most recently Binance has issued payment cards in Europe and this makes Binance's reputation more and more known. Of course, I also feel satisfied with the service at this exchange because since trading here I have never felt nervous.


Title: Re: Binance compared to other Crypto Exchange.
Post by: grizmoblust on July 26, 2020, 12:12:52 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.
I also see that and really Bittrex is not much changed compared to before and so many legal issues when trading here makes me feel a bit uncomfortable when trading. In addition, Bittrex does not have any new strategies to attract more investors and that is why the liquidity of this exchange is very bad in the last 2 years. Currently, many exchanges like Binance, Okex or Kucoin are more interesting options instead of choosing Bittrex.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Mrengage on July 26, 2020, 09:21:30 PM
Though, the only cryptocurrency exchange which stood ahead of binance was Bittrex backed in 2017, but, "how are the mighty falling" to become the average?. Without iota of doubts, Binance is the world leading cryptocurrency exchange,  this could lead to market monopoly if not check now. This cryptocurrency exchange has what I need for trading and investing into any of my choosing coins in the market.

It's probably the pick to every newbies who just got to know the Market newly it's just like a random clothes where if a celebrity gets to wear it every other individuals will what to get that particular clothes with a high price tag attached to it and without minding. So that's how it goes for binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: diskodasa on July 27, 2020, 03:15:54 AM
In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.
Binance almost dominated this whole market and recently they entered a lot of other areas that surprised me a bit.

Truly this exchange is making more people aware of the existence of this market and no other company can compare to Binance during this time. In addition, Binance always listens to the opinions of investors here and always updates what investors need to match the current situation.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Xxmodded on July 27, 2020, 04:38:47 AM
I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.


Title: Re: Binance compared to other Crypto Exchange.
Post by: coinfinger on July 27, 2020, 06:55:39 PM
I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.


Title: Re: Binance compared to other Crypto Exchange.
Post by: justdimin on July 27, 2020, 08:42:59 PM
Binance almost dominated this whole market and recently they entered a lot of other areas that surprised me a bit.

Truly this exchange is making more people aware of the existence of this market and no other company can compare to Binance during this time. In addition, Binance always listens to the opinions of investors here and always updates what investors need to match the current situation.
Yeah and what impresses me is their ability to respond to the market demand, they saw a lot of traders wanted to do leverage trading and they were so quick to add that option and is so flawless to use that option.

They see what their user wants and implement it very quickly and they never had any issues with withdrawals so the trust was never an issue and the fact that they are biggest in volumes makes them a complete exchange and a serious trader would never try new exchanges because they are depositing big amounts and would never want any sort of risk unless the other exchange provides something out of the blue.


Title: Re: Binance compared to other Crypto Exchange.
Post by: diskodasa on July 28, 2020, 03:36:18 AM
I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.
I also feel quite safe sending my documents here and this is an exchange I can switch to Fiat easily without having to spend too much time waiting.

Actually, the transaction fee here is very cheap and there are many discount policies for longtime investors so I have never felt disappointed about Binance. In addition, Binance is currently engaged in a lot of other areas and this makes Binance become more and more popular in the eyes of people.


Title: Re: Binance compared to other Crypto Exchange.
Post by: imstillthebest on July 28, 2020, 06:12:54 AM
I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.
I also feel quite safe sending my documents here and this is an exchange I can switch to Fiat easily without having to spend too much time waiting.

Actually, the transaction fee here is very cheap and there are many discount policies for longtime investors so I have never felt disappointed about Binance. In addition, Binance is currently engaged in a lot of other areas and this makes Binance become more and more popular in the eyes of people.

its the fee that you guys attracted to binance  . before when i use binance , fee isnt my concern but i was looking for a trading platform that is easy to use because thats also my first time to trade a crypto .

 binance engage not only on one area a.k.a the trading world but they are now also expanding thier coverage  . that is why they aqcuired cmc  .  this is the first step for them to dominate the crypto world and im excited to see if what they are planning next  .


Title: Re: Binance compared to other Crypto Exchange.
Post by: FantasyGold on July 28, 2020, 01:20:28 PM
See, I don’t really see any reason to make comparison. It’s ultimately bout our comfort and that is what my aim is as well. And for that, I pick Cryptocurrency Exchange (https://changenow.io/) that I can rely upon in terms of security of my funds.

I get just that with ChangeNow and more so the best part is the friendly interface and fast transaction speed, so before you even know everything gets done. I don’t really have any other expectations at all and else I could or anyone for that matter could wish for to have?


Title: Re: Binance compared to other Crypto Exchange.
Post by: Yatsan on July 28, 2020, 03:36:55 PM
Binance is dominating the whole market because of their contributions and support all around the world. Here in the Philippines the binance charity is really making a big move to be notice and it's impact to the traders here in our country is really big! Other exchanges are keeping it online however, the Binance itself is connecting to people that's why it keeps growing! Binance is not just a good exchange, it's a good company as a whole  :)


Title: Re: Binance compared to other Crypto Exchange.
Post by: RealMalatesta on July 28, 2020, 07:15:01 PM
When you are comparing the trading fee and withdrawal fee you realize that you are leaving some money on the table when you are doing trading a lot and that was one of the reason why people got attracted to binance to begin with.

When it first came out it had something so small as trading fee and if you are using BNB it was even lower that, if you are doing over a thousand dollars in trading per day, you would be basically saving over a thousand dollars per month just from the fee. That was proven later on with studies and calculations which wasn't hard and people realized that if you are big trader you would save a lot of money right away, however if you are a small trader like me, you are still saving some over the long period as well so it made sense to everyone to take advantage of that.


Title: Re: Binance compared to other Crypto Exchange.
Post by: btcholder on July 28, 2020, 11:48:41 PM
Your opinion to how you see binance and bittrex in the next generation are welcomed.

I was regular trader in bittrex exchange before binance came. May be bittrex was the legit platform to trade that time. But when binance arrived with lots of new idea and give trader a new trading benefit, people automatically choose binance for trade. I trade in bittrex a year ago. I heard they improved their platform but i don't think they are capable of competitor with binance. Not just bittrex, no exchange are capable of competitor with binance at this moment. Binance is now no. one exchange in crypto space.


Title: Re: Binance compared to other Crypto Exchange.
Post by: jostorres on July 29, 2020, 06:38:23 AM
Binance is usually taking the lead when it comes to rolling out new features, I think it’s all about having a good team that’s behind it and also having enough finance. For now, Binance is among the top exchanges, although I won’t really say the number one because they are all doing good in their own ways, there are people who would prefer other exchanges than Binance, we all have our own opinions.

As for the future, we can’t predict which exchange will be the best tomorrow. And like I have said, having a good team is always a way to boost any business. A new team can take over Bittrex and come up with better ideas and start to beat other exchanges.


Title: Re: Binance compared to other Crypto Exchange.
Post by: tvplus006 on July 29, 2020, 07:51:13 AM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.

About a year ago, Bittrex canceled all orders that were open for a long time. I did not like this behavior of the exchange, and I transferred my Deposit to Binance, which I was trading on at the time. It is these ridiculous decisions that lead to an outflow of users from Bittrex, as a result of which other exchanges get new participants.


Title: Re: Binance compared to other Crypto Exchange.
Post by: perfect999 on July 30, 2020, 03:37:18 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.
Yeah the design change was something that was much needed in binance, I remember the early days of binance (which is only few years ago) and they were really not that great, nowadays they look awesome and that is why I enjoy them so much more.

Probably not the last improvement neither, they will probably do some more. I did hated it when the affiliate dropped from 50% to 20% but I understand it wasn't sustainable for them to keep giving half of their profit, obviously it made sense to drop it from a business end of things and I get that there was a rule that said "binance keeps the rights to drop affiliate % anytime they want" basically but when you work for 50% and you end up getting 20% instead you do get pissed off a bit. I can't think of anything else binance ever did wrong for me.


Title: Re: Binance compared to other Crypto Exchange.
Post by: carriebee on July 30, 2020, 06:14:20 PM
What I use most is binance when it comes to support group they are fast to respond. Base from my experience when I have a problem regarding my withdrawal their support group is fast and very active. Actually, I don't know these days what's new on Bittrex because as far as I remember I use this long time ago. Comparing these two has it's own benefits to the users.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Stasik111 on September 28, 2020, 01:33:40 AM
i'm not pretty sure that bittrex and binance should be compared - binance has huge volumes and mostly professional traders work there. regarding Bittrex I don't know their competitive features. In this category i'd prefer to choose cex.io - they have instant deposits and withdraw with payment cards, and they list defi tokens


Title: Re: Binance compared to other Crypto Exchange.
Post by: lienfaye on September 28, 2020, 01:48:09 AM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  ;D.

About a year ago, Bittrex canceled all orders that were open for a long time. I did not like this behavior of the exchange, and I transferred my Deposit to Binance, which I was trading on at the time. It is these ridiculous decisions that lead to an outflow of users from Bittrex, as a result of which other exchanges get new participants.
If thats the case for Bittrex then traders will decide to switch for other exchanges once they encounter a problem o disadvantage on their part.

I dont have experience using Bittrex but based on the reviews and comments here, it was surpass by other reputed exchanges including binance.

Well for me I will use the exchange that I feel secure and convenient. I've been using binance and kuCoin everytime I trade and satisfied with their services.


Title: Re: Binance compared to other Crypto Exchange.
Post by: pokeronlinestatus on September 28, 2020, 07:01:45 PM
Binance is more trustworthy than Coinbase honestly, if you check reddit for example (most free place I know) you will see that there are tons of people who got their money stolen from coinbase because they couldn't provide enough evidence that they are who they say they are.

It  means if I say I am Michael but turn out to be John Coinbase can keep all of my money. I understand that if I say a wrong name or act like I am someone else, that means we shouldn't do it and there should be "some" punishment for it, but it also doesn't mean that coinbase has all the rights to keep my money, they disguise it with "maybe you are a bad person who is money laundering and we will keep it for IRS and SEC" but they do not get it neither so Coinbase keeps it illegally.


Title: Re: Binance compared to other Crypto Exchange.
Post by: fortebettor on September 28, 2020, 07:04:00 PM
Binance was simply the first and here is the right to be the first. This is supplemented by a clear strategy. Transparent rules and clear fees. No combination and with a good policy of holding chips and increasing the value of the BNB's own currency. To this various projects like business angels etc.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Twinkledoe on September 28, 2020, 11:26:21 PM
Binance was simply the first and here is the right to be the first. This is supplemented by a clear strategy. Transparent rules and clear fees. No combination and with a good policy of holding chips and increasing the value of the BNB's own currency. To this various projects like business angels etc.

And if I may add, Binance has their insurance for their customers, what you call SAFU - https://www.binance.com/en/blog/307883269744750592/Binance-Is-SAFU-7-Ways-We-Secure-Your-Assets-247

And they have no KYC if you are just having below 2 btc withdrawal daily. And this is good for small traders. Whereas, in bittrex, their KYC is compulsory for all levels. I stopped using bittrex a long time ago when they started to require KYC even for small traders.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Xxmodded on September 29, 2020, 01:39:41 PM
Binance was simply the first and here is the right to be the first. This is supplemented by a clear strategy. Transparent rules and clear fees. No combination and with a good policy of holding chips and increasing the value of the BNB's own currency. To this various projects like business angels etc.
I dislike from Binance when your account get abnonormal activity and should submit your KYC for withdrawing, how ever I still not trusted with many exchange take our data and not exist an exchange for long time, we found many exchange have been scam and run away many investor assets and how come if an exchange have to submit KYC, will be our identity take by exchange market if they have gone, will have guarantee for an exchange keep safety for document member and investor. Just our opinion with many exchange have new method for withdrawing without have submit KYC.


Title: Re: Binance compared to other Crypto Exchange.
Post by: justdimin on October 07, 2020, 04:52:46 AM
Binance was simply the first and here is the right to be the first. This is supplemented by a clear strategy. Transparent rules and clear fees. No combination and with a good policy of holding chips and increasing the value of the BNB's own currency. To this various projects like business angels etc.
Yes and sometimes simplicity along with trust becomes such a combination that you don't need anything else. I have traded on more than 8-10 exchanges but I have never felt the same trust while trading coins as I feel with Binance and the platform is so easy to use that I hardly ever get stuck and if I ever did get stuck on something their support is just great because there are no bot replies to our questions and the support actually replies with good intent and positiveness.

I was a long time user on poloniex and cryptopia but after the latter got hacked/ran away I never used any other exchange apart from Binance because it is all my hard earned money and there is no reason to trust any exchange when there is a clear leader already existing in the face of Binance.


Title: Re: Binance compared to other Crypto Exchange.
Post by: LUCKMCFLY on October 07, 2020, 05:35:01 AM
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From my point of view, in my beginnings my first account was made in Bittrex and I really liked it, also when I met Binance it caught my attention much more, besides that Binance has much more volume than Bittrex there was something that disappointed me about Bittrex , is that it banned the country where I reside, and it seemed in very bad taste because this is crypto, there should be no prohibitions for countries, however Binance did not do it and that generates confidence for those countries that handle considerable volumes of Bitcoin trading.


Title: Re: Binance compared to other Crypto Exchange.
Post by: lixer on October 07, 2020, 04:13:01 PM
Binance was simply the first and here is the right to be the first. This is supplemented by a clear strategy. Transparent rules and clear fees. No combination and with a good policy of holding chips and increasing the value of the BNB's own currency. To this various projects like business angels etc.
I dislike from Binance when your account get abnonormal activity and should submit your KYC for withdrawing, how ever I still not trusted with many exchange take our data and not exist an exchange for long time, we found many exchange have been scam and run away many investor assets and how come if an exchange have to submit KYC, will be our identity take by exchange market if they have gone, will have guarantee for an exchange keep safety for document member and investor. Just our opinion with many exchange have new method for withdrawing without have submit KYC.
Actually you should get the account verified as soon as possible such that there should be no chance for the exchange to ask your KYC once you start doing big trades. I have been a long time user of Binance and I never had any issues with them at all because I have my account verified and I even use them as a wallet which I know is not a great idea as everyone says we must not use exchange as a wallet but it is just so easy to maintain portfolio there that I never felt the need to create separate wallets and it is too much of hassle.

Binance is without a doubt the leader in the industry right now and there are solid reason because a couple months or an year ago, I don't remember the exact time but they got hacked and lost funds but they never let their traders and people holding coins lose their money.


Title: Re: Binance compared to other Crypto Exchange.
Post by: risatrakib on October 07, 2020, 07:05:09 PM
Binance is doing really well compared to other good exchangers like Bittrex,Kucoin,Coinbase Pro. Binance will become more powerful & popular in the next generation. Though bittrex came into the crypto world before binance but binance is now more popular than Bittrex.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Sam-Os on October 07, 2020, 08:43:51 PM
Bittrex is a has been. I'll tell you how Bittrex lost to Binance. It was because of Antshares (now called Neo). Around late Q2 early Q3 2017 Antshares was the hottest Altcoin and the BTC/Ant pair consistently had the highest volume on Bittrex. Bittrex did not give users their Antcoin (now called Gas) generated from holding Antshares and charged users 1 Ant for withdrawals. Binance came around and gave users their Gas and charge 0 withdrawal fees, a massive amount of Antshares community left Bittex and went to Binance which turned out to be a better exchange in general, the rest is history.


Title: Re: Binance compared to other Crypto Exchange.
Post by: DarkDays on October 07, 2020, 09:23:56 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

First of all, crypto exchanges have revolutionised the way people trade their crypto assets.
The more the crypto space expanded the more there became a need to build an exchange platform that can enlist as many of the coins and provide the best possible rates for their customers.
To this date, there are several competing exchanges which many people use regularly, including Binance and Bittrex, among others.

Secondly, there has been a while now since Binance has 'supposedly' become the No. 1 crypto exchange, and for good reasons too. Below gives you a quick glance at Binance vs other crypto exchanges and how these compare together.

https://i.imgur.com/d3pzyM5.png

Quote
Your opinion to how you see binance and bittrex in the next generation are welcomed.

Lastly, the way I see it Binance still holds the advantage simply because it is ahead of Bittrex and other alike, but the question is how long can it sustain it and what will the next projects be  ??? Guess only time will tell...


Title: Re: Binance compared to other Crypto Exchange.
Post by: pankowri on October 07, 2020, 11:33:31 PM
I have been into crypto-currency for a long time now, probably I understand a few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well, let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and finance is really paving waves than Bittrex Exchange if am not mistaking.

Your opinion of how you see binance and bittrex in the next generation is welcomed.
You are comparing Binance and Bittrex in terms of finance. I am a long time user of both exchanges and got several profits from them for making successful trades.

For Bittrex, I got some bugs and they take more time to fix it. In this case, Binance is more active to fix its bugs asap.

We mostly got a high volume in Binance exchange but it rarely can be seen on Bittrex. But both are reliable, trustworthy to me.

Comparing to other exchanges, both are good and easy to use.  The interface of both exchanges is user friendly in their own way.


Title: Re: Binance compared to other Crypto Exchange.
Post by: jerry0 on October 08, 2020, 02:47:53 AM
If you are trading altcoins, isn't binance number one no matter what?


Title: Re: Binance compared to other Crypto Exchange.
Post by: bitcoin31 on October 08, 2020, 09:10:40 AM
I'm not using bittres anymore over last few years ago when I knew binance I started to transfer all my coins there because this exchange build trust that my money of coin is safe and I really like it because until now I did not lose any money to Binance and I really like to trade it more and for sure most of us are using this trading sites because it's top 1 and trusted compared to the others who is not safe because they are new and a lot of bad feedback.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Issa56 on November 30, 2020, 07:48:16 PM
It has not been long have been been in Cryptocurrency but from the little experience am having I think binance is really growing and I really prefer binance to other exchange due to there security and other things like that.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Om.monata on December 01, 2020, 03:04:31 AM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Salauddin1994 on December 01, 2020, 09:01:44 AM
I prefer binance to invest its reliability is much higher than other sites therefore the demand for binance in the field of exchange is increasing day by day while other exchange sites are good for investing they are not supported everywhere so traders will have to go through a lot of trouble for the exchange. binance enables everywhere and is safer for small to large capital investments. The first choice for the exchange is binance and at the top of the competition.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Oneandpure on December 01, 2020, 01:06:22 PM
I think this the way how to make investor interested with some exchange market, right now not only for listing new coin on spot market to make investor wanna trade on some exchange market, the investor looking for which one exchange market have unique way from the other exchange like have available for lending and future trading for investor, after adopting by Binance many exchange market right now available for trade with future and not only spot trading become the way to earn profit, but now they have many option how to get profit on exchange market by trading future.


Title: Re: Binance compared to other Crypto Exchange.
Post by: XZERO1 on December 01, 2020, 04:19:55 PM
Your opinion to how you see binance and bittrex in the next generation are welcomed.

Bittrex should not be even in the comparison to begin with, they have shady business practices and just like HitBTC they could just freeze your funds for made up reasons and refuse withdrawal and ask you for KYC verification, Binance on the other hand has been doing way better and even though they had their mistakes like that leaked KYC incident, they show at least some potential and put real effort to make themselves better and I'd say they had the most stability in all aspects among crypto exchanges, the real comparison should be between Binance and Kucoin and in that case I could say they are really close to each other, I'd still prefer Binance because of better trading interface but over all they're pretty close in the competition and that's a fair comparison.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Timmzzy on December 01, 2020, 10:22:25 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.

When you said STABLE what exactly are you in pointing at I think I should have a clue about this. I my self came to enjoy BINANCE better for the amazing features


Title: Re: Binance compared to other Crypto Exchange.
Post by: globalpain on December 01, 2020, 10:30:11 PM
If according to exchange volume, Binance has the right to be in the first position, and second is Huobi Global,
of course Huobi Global is a competitor to Binance, then there are Coinbase Pro and EtroroX in terms of web traffic,
you can see these comparisons clearly on Coinmarketcap https: / /coinmarketcap.com/rankings/exchanges/.


Title: Re: Binance compared to other Crypto Exchange.
Post by: Pamadar on December 01, 2020, 11:07:48 PM
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
bittrex in 2017 has tremendous and impressive potential. but binance is able to overturn bittrex. My opinion is that if Binance can be stable I think Binance will be at a good point of popularity in the long term and it will not be like Bittrex which is currently losing competition between exchanges.

Binance adjust to what traders and investors  needed.

They allow lots of service offers where bittrex and poloniex ain't able to give, with those survived hacking incidences where
clients funds are securely being provided back, Binance gained more trust and received more end users to trust the platform
and until now they are enjoying the top spot.


Title: Re: Binance compared to other Crypto Exchange.
Post by: doomloop on December 02, 2020, 05:23:12 AM
Probably the biggest difference is the true volume and people do not realize the importance of it and why many still use binance even with that many competition. When you are a real trader and you spend some time in all other exchanges you realize that all the trading volume listed there are fake and there are many coins that basically have a lot of volume bots that only trade within the spread very very quickly so that it looks like there is volume in there but in reality there is nearly none.

I have seen coins with 20-30 thousand dollars daily volume with nearly none in real life, probably under a thousand dollars in reality. So, what binance has and others do not have is the true volume which is definitely more valuable to any trader than anything else.


Title: Re: Binance compared to other Crypto Exchange.
Post by: fortebettor on December 27, 2020, 06:56:17 PM
@pankowri Why do you think so?


Title: Re: Binance compared to other Crypto Exchange.
Post by: JooBra on December 27, 2020, 09:45:44 PM
Probably the biggest difference is the true volume and people do not realize the importance of it and why many still use binance even with that many competition. When you are a real trader and you spend some time in all other exchanges you realize that all the trading volume listed there are fake and there are many coins that basically have a lot of volume bots that only trade within the spread very very quickly so that it looks like there is volume in there but in reality there is nearly none.

I have seen coins with 20-30 thousand dollars daily volume with nearly none in real life, probably under a thousand dollars in reality. So, what binance has and others do not have is the true volume which is definitely more valuable to any trader than anything else.
Over the years binance proved why it is the best. They had a lot of problems in past and dealing with them like they did it made them the best and why people trust them.


Title: Re: Binance compared to other Crypto Exchange.
Post by: risatrakib on December 27, 2020, 09:46:54 PM
Compared to other Crypto Exchange Binance is doing really well day by day in very little period of time . Binance is undoubtedly the leading Cryptocurrency Exchange and offers great fees and awesome digital currency support. Binance has continued to innovate, bringing new products to market and new options for purchasing and trading cryptocurrencies to all corners of the globe.


Title: Re: Binance compared to other Crypto Exchange.
Post by: gamer4156 on December 28, 2020, 02:53:27 PM
I think individuals pick binance as their trade since binance permits individuals not to confirm their record, however they just cutoff the withdrawal reserves. Binance is an extremely mainstream trade currently contrasted with Bittrex. Binance trade has been proactive to numerous issues encompassing their digital money trade and this gave them edge over different counterparts in the business.


Title: Re: Binance compared to other Crypto Exchange.
Post by: gamer41566 on December 28, 2020, 05:27:40 PM
I think individuals pick binance as their trade since binance permits individuals not to confirm their record, however they just cutoff the withdrawal reserves. Binance is an extremely mainstream trade currently contrasted with Bittrex. Binance trade has been proactive to numerous issues encompassing their digital money trade and this gave them edge over different counterparts in the business.

Pm me please so I can get back control of my bitcointalk.org account. Thanks