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Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

Being the biggest cryptocurrency exchange means that all eyes focusing on it. Besides the strict government regulation, there is no wonder if the Binance crackdown is happening. Also, we need to look at the whole cryptocurrencies space in general, the mainstream is batting an eye on cryptocurrency, and the governments are focusing on their own CBDC. The government surely have their own motive to strictly regulate cryptocurrency.

I don't think regulations will work, if it will they would leave crypto the way it is not trying to force people to abandon crypto and follow central bank digital currency, the oy country that is crypto friendly most especially crypto exchange is U.K among others

I honestly appreciate CZ's hard work in raising Binance...

when something gets big out of control then the government will try to control it. currently, Binance is banned in my country but I am still actively using it because I trust Binance more than my country's government.

Are you guys talking about Thailand's SEC criminal complaint? I don't know if they are even operating in Thailand, but it will be interesting to see how the Thai SEC is going to press charges against them. Are there any other criminal complaints against them?

Are you pertaining to the governments that have been banning them? There's a basis for that hunt. There is some compliance needed and then they didn't follow what's needed to be followed. But there's also a reason that these regulators don't like to see Binance thrive in their jurisdictions. That is because they still see the negative side of cryptocurrencies that have been only seen before. But now that it is on the mainstream, they still see that bad side despite many change have been done by the people who have been using it.

The only way Binance will be taken down if they lose in a legal battle due to a serious offence against the law. They are one of the biggest exchange now if you still believe they are not the biggest, so it's normal to have a lot of haters most particularly coming from the competitors, they make millions of dollars on a daily basis, everyone would like to be in that position and it will not happen as long as Binance keeps dominating the trading volume.

It is not really that surprising that this is happening and if anything I am surprised that it took so long, success always brings you enemies even if you did everything right and never did anything wrong.

But when we add that binance is moving a huge deal of money everyday and that their policies have been very lenient when it comes to KYC and other stuff that governments want to force on the people that are part of this market then it is completely understandable that a persecution against binance has begun, which should be a reminder of why we need decentralized exchanges to eventually take over as centralized exchanges could be taken down by governments at some point in the future.

If you’re on top, your enemy will find its way to throw negative informations about you either to bring you down or to ruin your reputation and this is normal on every competition, dirty players will use dirty things just to beat you.

Binance is the top crypto exchange, it changes the way exchanges works and it continue to grow so I also don’t know why some people and some government are trying to destroy Binance, maybe they have a personal agenda with Binance, thankfully its not working because traders and investors still love to use Binance network and its platform.

Success crypto projects even exchanges like Binance will take a long time, I believe CZ is doing the best in the crypto space, having the biggest investors with the best crypto market caps since 2018, although we have seen some negative news about Binance Exchange but I still believe that exchange will always been on top exchanges for a long time.

they see binance has huge income from its operation , and if didnt give something to local government ofcourse they will feel jealous. With the biggest trading volume in crypto market , i am sure binance have bilions profit in a year. Binance will be their target to get taxes in which part binance operate.

Behind all those things happening, I guess there's a purpose and for all those hungry for money and power they will do things to pressure binance because of money. Their devious intensions will soon be revealed, because CZ's determination won't be shakin despite all the allegations of binance. This exchange popularity made them more envious, so they'll always find more errors rather than good.

I already using Binance since I started cryptocurrencies and one of the worst issues from there is their customer support.
So probably why people hating Binance is because of customer support, especially starting off the year 2021 when Bitcoin continues to rise, these are some tweets I saw on Twitter that claiming they got a very lot of backlog tickets that need customers support (I experienced this).

That could be the reason. It's clearly explained that in some article if the regulators are feeling worry if binance can disrupt their financial system. This is always used by stupid regulators to ban anything. what they can do was always corrupt. binance doesn't even need any IPO to expand its service and this time so many countries already had binance service operated.
They are hating to see the progress that has been made by binance exchange site.

That’s not hate and maybe, Binance did violate the regulations and that’s why they are being pressured.
Though Binance team is confident that they’ve done nothing wrong that’s for them to prove it.

Yes, Binance is a good and top crypto exchange but it doesn’t mean they are exempted from any investigations or what. This is also for the benefits of the user to ensure the security of our money, though for me Binance can handle this one and they are good enough for this.

Not the hate but with how much they are raking in the market, they become hot in the eyes of these regulators. But Binance has come a long way already, so I guess, they already know that this kind of situation will happen. They have all the resources to combat any problem that they may encounter. They can also make an arrangement if they need to. I don't think they are not doing their part to look for potential issues that they may encounter when it comes to their presence in the market. They have their own people to address these issues.

Law regulations would be the reason why they are quite hot against binance. Though other country's prohibited the use of this exchange according to their flow of law towards cryptocurrency like the recent banned from UK. However, many countries still use Binance as this exchange proved already their good reputation.

And with all of those banned, I still prefer Binance as one of the best exchange in crypto. As long as my country doesnt yet implement some restrictions bout this exchange, it will still be my best choice.

Yes, totally agree with all of that, binance exchange is not a hatred from these countries, but some of these countries are observing the Binance market asset why is it prioritized for investment.
and Binanceance's current exchange which is superior to other market assets, and Binanceance's asset market provides an easy way for investors to invest.
and just hope that in the future it will be even better, and there will be no more changes to the crypto market assets.

I think that it's better for you to visit the news related to the accusation for binance exchange site and there are plenties of article that already mentioned the main reason why the government wanna try to call binance as a threat. I think that you will be also finding the reason why those regulators wanna try to call or hate with binance. Some may argue binance was potentially to did monopoly in the future.

No reason why binance need to be hunted. They seems one of the famous exchange. Im also using that exchange and so for no issue for me even buying or selling coin. Yes, we know that they start in illegal way but on the time they grow and used by many traders they pursue to be a legitimate and legallize as of today.

I think it is simply human nature to become sceptical or suspicious as soon as someone, be it a person or a company, has too much success and influence. So it is not really surprising that a lot of people are critical about CZ and his company. I have to say i don't know any BNB myself (except a small fraction for transaction fees on the bnb chain), but i still can acknowlede the success of CZ and binance, but I can also understand why some people have reservations about them. It is never good when one company or person in a specific area becomes to powerful and influential and i think binance has almost reached that level of influence now after they also purchased coinmarketcap.com.

Binance as a big exchange makes many traders use that to trade and make a profit.
But some of them hate Binance because I think they have a problem while they use Binance so they tell about that to many people and say that Binance is the worst exchange.
I prefer to trade on Binance because we do not have to verify our account like the other exchanges but we should follow their rule to limit our withdrawal.
Many people make money from Binance and invite more people to join while earning some reward from the promotion.

The bigger the tree, the bigger the wind. maybe this word is suitable for binance which is constantly trying to be regulated by the local government. A lot of money laundering allegations can be made on Binance as they don't require a KYC for withdrawals even in large amounts.
apart from that I'm sure binance will find the best solution for their future in crypto.

it's already a risk on the Binance exchange because there are too many users and becoming a top 1 exchange it will be one of the keys and the problem will be more and more the best there must be a problem trying to undermine the dominance of Binance to threaten of course to try to take down CZ so that the exchange can falter and it's possible that binance may crash and fall in the future it all depends on CZ.

like the old saying "the taller the tree, the more wind it blows" and that's exactly what binance is experiencing right now. being the biggest exchange many competitors from other exchanges want to be like binance in any way to get binance out of the way. this is pure competition so it creates hatred

The taller the tree stood, the faster I wanted to hit. that's a saying that will always be a benchmark for those who are successful in pursuing a career in any industry. just like what Binance is currently experiencing, they are in the spotlight because so far the Binance exchange is very friendly with anyone, beginners or even parents who want to start trading crypto. All were well received by Binance. that's one simple reason, the rest of the system I'm not very good at discussing the current situation.

Why do people chase Binance exchange, I think that Binance exchange is the best among other exchanges. I myself feel it right now. There is almost no shortage of Binance exchanges in my opinion.

Because it is good from various sides related to the transaction process. I thought so, so the binance exchange was hounded by many. One of my reasons is that teamwork in giving the best is their main asset. That's my opinion friend, and I also really like the binance exchange.

I was going through a thread where someone was accusing Coinbase, he/she thought Coinbase was responsible and hating because most of the news were carried by coin desk and its co-owned by Coinbase.
This hate happens lots especially in success firms, either internally or externally.
You as an investor just need to stay away from media and focus on the technical and adoption, u believe CZ is not sleeping and will handle the rest diplomatically.

I don't know if this is a plausible idea to you guys, but since Binance is dominating the market in such a hard way, do you think it is possible that highly regulated exchanges like Coinbase could be involved in Binance having trouble? I mean the best that could happen to exchanges like Coinbase is if Binance gets into trouble, users lose trust and switch over to another exchange. I wouldn't rule that possibility out.

Who are they?
A country or what parties?
fyi, Binance is also not allowed in my country because it is not regulated here.
But no worry, we still can use it.
I am also a user of Binance, this is the most used exchange so far I am using and I like this  :D

And about why people hate Binance, this is a very popular exchange, maybe the competitors, or people who have bad experiences with this exchange, or even some parties that don't like Binance because of the success.  ;D
Let it be

It's a centralized exchange that's trying to have presence on different countries by setting up partnerships with local companies/individuals. How do you expect the country regulators to react? Implementing regulations isn't hating on anything.

And this is what gets him into trouble. He dips his hands on matters that are highly regulated and fellows like you have no clue.

Well i do remember when CZ said they are doing research to list only good compliance coin, but look what binance now list every useless coin in the market in the name of profit, he even delete the tweet because he dont do what he said.
Well i do think binance makes a lot of wash trading and also one of the greates exchange in the world which many country afraid people are putting money in there to avoid to tax.

We all know Binance is 4th strongest cryptocurrency in the digital world and only reason why they have been hunted for now it is because of money and power. They can do anything just to make money out of it and of course regulation are so strict but they have to consider it and can be solve by ways of giving and charitable amount for the country itself.

It's just how things work every time they see their competitors leaving them behind so fast, they need a thing to pull them back which means they need some kind of reason to get their customers. This is how hard the competition in the crypto market is because if you are succeeding, you will see lots of allegations thrown at you, but I doubt Binance Exchange will be affected by that. They already know that things like this will happen when they reach the level of greatness in this industry. they have always solved great problems in the past, so negative things such as this one will not affect their growth and popularity.

There's always hater on a successful project, probably competitors or late investors but you cannot argue with success, Binance has given us the best services in the industry, there are no serious accusations on Binance, the launching of their Binance smart chain to offer cross-chain greatly helped the industry to have a cheap and fast transaction.

I think what he meant is the regulators (SEC and FED) that kept finding faults to binance just as it did happen recently which they were trying to pin the company for unauthorized operation in different countries and it's a not just violation but a criminal complaint. This operation I think is mainly trying to grip binance and the governments wanting to access databases which binance willingly comply with their regulations.

It's a coordinated effort of countries because it's not happening just in Thailand, Italy, and every other country.

There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.

That's true! Once you climbed up to the top then expect haters to comes up chasing you,

Regulations seen  a lots of success by this exchange they are trying to find ways to get something out from this business, by rules, they can make more laws or add rulings that may slow this exchange to exist, but the determination its owner showing that they are not giving anything up, as long as there are places that will allow them to exist they are here to stay.

What hate are you talking about? Is it all the regulations being reprimanded to them that they say that they don't comply? Or some sort? Many envious people probably aim to have the same thing Binance has and wants to copy and reach.

Anyway, I hope you include some sources as to why you are saying this. I can't seem to find hate other than regulations etc. 

Even though Binance is still the best exchange right now, we can't expect everyone to like Binance. There will always be haters, because there are
always people who are not happy to see other people's success. So there will always be people trying to take Binance down, this is a common occurrence.
Now Binance has to show its quality as the best exchange, so as not to give the haters a chance to bring Binance down.

Even if they have complained about their customers, they will try their best to solve the problem because they understand that satisfying their members will be their job. If their members can get those feeling, their members will stay and trade with their exchanges. Yes, Kucoin is a good exchange among the other exchanges, and I admit that Kucoin needs more improvement with their site because they need to list their coin at the other exchange to become bigger like Binance.

Actually, I won't hide anything. Personally, I'm a big supporter of Binance exchange since I knew this exchange properly. Even exchange isn't enough to support, Trust Wallet, blockchain, own coin, BUSD. Now their P2P exchange support is also great but not free. In future, CZ can force us to pay an extra fee then we have to pay. We don't like monopoly. That's why we all like crypto. You have to think about your future like the decentralization of DAI and Tether.

I would not say hate really, binance like any other business that sells to the general public will have some detractors and some people who like it. Personally, I used binance many times and it worked quickly and without any issues. However, it was ridiculously expensive and it is not even close to being my favourite. I also dislike Coinbase... to large to complex and more oriented towards business now that is trying that strategy with funds, cryptocustody, etc... and loosing focus on their primary clients.

Many people hate binance exchange because of so many rules and restrictions it is currently the greatest crytocurrency exchange with an advantage that most coins listed on the binance make it to the moon so it is definitely a great place to make profits but the restrictions are not favourable to many people at all.

Cz has accomplish so many things in just a short time which makes him feel invisible. I'm very happy with the success of Binance but they deserve all that's coming to them. Binance is taking our decentralized from us and that's not a funny development. They want to control the whole industry so it'll be very easy to manipulate and make their elite investors more rich. First they conquer the exchange industry next the took over wallets and Coinmarketcap.

That's too much power for just one man/company in an industry that was created for decentralization. Already they're hijacking all other sections like Peer2peer, decentralized swapping (which isn't totally decentralized), crowdfunding, staking, Defi trends etc. They're making the industry centralized which shouldn't be welcomed.

And if we take into account the fact that in addition to the BNB coin, Binance also owns the BUSD stablecoin, then we will see that they collectively occupy a large part of the cryptocurrency market. Plus, the Binance exchange is the largest in its segment. Taken together, these facts lead to increased attention from the governments of various countries, which see this as a threat to their financial system.

I also can’t find a tangible reason for that. For example, it also got banned in my country, although we don’t have laws that forbid cryptocurrencies. I understand why it is hunted in China. The government is just trying to fight against a very strong economic rival called cryptocurrencies. As if people use them, authorities can’t control finances. That is why they limit mining and hunt crypto exchanges. But what about other countries with more light political structure?

Nobody hates Binance. CZ is the person who managed to make the cryptocurrency market move forward and grow faster with the existence of Binance. This is evidenced that Binance is currently the number one exchange with high daily trading volume. In addition, all coins and tokens that are listed on Binance , always have a very high prestige, even Binance is the number one standard exchange destination for newly launched coins.
Everyone likes doing business with Binance, because of the very satisfying service and also the best data security, even though it is a centralized exchange.

There are several factors affecting this hatred. Some hate binance because of Conspiracy theories where they are trading against its own users. I heard this from one of the biggest trading channel in TG specially the Futures product of binance. It somehow true, where I tried to bought some BTC when it dropped below 30K and wasn't been able to bought some. I don't know but there's something into that exchange.

I appreciate Binance for the fact that they have stood up to the authorities in order to protect the privacy of their users. They have refused unfair demands from the authorities to hand over customer data, and that has resulted in the feds targeting the exchange multiple times. And right now rumors are circulating, claiming that the FBI is planning to launch a big lawsuit against Binance. But at the same time, they have refrained from open confrontations (that was the mistake done by BTC-e/Wex.nz in 2017, by openly challenging the FBI).

I think binance has grown into such a huge platform. There are fears from other projects regarding Binance's overpowering in the crypto market.
indeed all that is in control is the market. but the platform that dominates all crypto sectors could be the reason for the market movement.
binance always delivers the innovations that the market awaits and needs. like a successful BSC. but some also don't like it. alleges related to money laundering or any other negative news. we've heard it all.

That's right, I'm also a very active Kucoin user and have used Binance for a long time, and so far neither have had any major issues for me, so I have no doubts about these two exchanges because the exchanges will always provide the best for their users.

IMO, I believe that the Binance case is more on regulatory issues, And not for any other reason, Binance should comply with all of the requirements set by the regulators of that particular country because it's about the law and compliance is part of it. Binance exchange should not use an "alibis" that they are operating in a decentralized company structure because countries and governments are not buying that word called decentralization because it was opposite on behalf of their representation. so for me, it's better to comply to avoid any problems in the future.

It is being hunted that governments around the world are considering how to regulate the developing sector.
But what is certain is that the government is also worried that the crypto space, such as Bitcoin, has the potential to disrupt the country's financial stability due to the high inflation rate due to the Bitcoin trend.

Spreading negative propaganda against a top ranked cryptocurrency exchange is a part of competition. As we know there are couple of cryptocurrency exchanges like Okex, huobi and coinbase which are capable enough to give though competition to binance in near future so the supporters of those exchanges always share negative thoughts about each other's exchanges I think it's normal in cryptocurrency space and this can't stop.

can you post a proof if who is hating it ? because i cant seem to see it but what i saw are tons of people praising binamce .
there may be a thread here about comparing binance smart chain and eth but thay was not meant to hate the other  .
people are only expressing their opinion if which network they prefer during this time and the result are mostly in binance . when it comes to exchange binance is also the most recomened and prefer by users .

Bitcoin is the king of the crypto space, and many people still hate it or rather not finding it good enough for holding as well as investing, but has that stopped Bitcoin from growing or from getting adopted by many platforms? The answer is No, but Instead, Bitcoin keeps growing and getting more recognition.
Having this idea and moving to the crypto exchanges, Binance can be said to be the biggest exchange and as such, people will look for what to say and so on but yet it will not stop Binance from growing and providing the services they know how to do best.
In my own opinion, overlook whatever they say, overlook whatever they think and just stick to what you believe in, moreover, Binance has not given users reasons to think otherwise.
One thing is certain, people will keep saying whatever they want while the Binance CEO and team will keep working hard to stay on top.

I am not aware of all that is going on with binance but if they have actually preferred to keep user's privacy despite all the pressure, then mad respect to binance for doing it.

Not all the exchanges think like that. I have used several exchanges and I have had some really bad experiences with some, where they will block the funds and ask for KYC before I am even allowed to trade my coins, let alone withdraw. What makes me even more frustrated is that deposits are allowed during all these KYC times and blocked withdrawals.

If by hunting you mean governments cracking them down then the reason is quite obvious. They don't want people going for full shadow banking and hiding their taxable money. And binance operating from some undisclosed location doesn't really help their reputation in the eyes of regulator.

I dont know but since its biggest exchange and know people position most (short and long position), many people believe Binance have a strong position to make some manipulation on the market and liquidated many peoples.

in fact it seems that many countries are envious of the success of binance and since they cannot earn enough (taxation? royalities?) they try to put a spoke in the wheel and prevent it from completing its activities on their territories but binance can adapt and modify it too to these new absurd regulations, binance is my favorite exchange

But isn't it as with any other market that once a new force appears there will also be enemies fearing to lose their place in the industry? I said that before here, not everyone is happy if a business like Binance pops up and conquers the market. Other exchanges might try to harm Binance and I believe that could be a very plausible scenario. That happens in all kinds of industries, take Apple vs. Samsung. Since Binance is a relatively loosely regulated exchange with often times not even a KYC procedure, I believe those exchanges who are subject to KYC would like to see Binance have some trouble.

They are at the top so usually people tend to find loopholes on how to bring down who is at the pedestal. Also, they are hot in the eyes of the regulators. If binance is complying all the laws and protocol to where they are operating, there's nothing to worry about. A lot of us here are using binance and for me, I'm pretty satisfied with their services.

That hate is probably going to prevail I believe. As I said before as long as they have such a large market share they will also have a lot of enemies. The edge they have over others is insane. I wonder how much CZ is making on a single day. That's where the jealousy kicks in probably.

Why though? Why are they cracking down on the shadow banking and people who have crypto avoiding taxes? I may understand the logic if it was like that everywhere, after all we are talking about people avoiding taxes and yeah we should be cracking down on that, but that "should" is the key word for that.

They are not doing that for everyone they should, they are literally letting wealthy people avoid taxes as much as possible, look at Amazon, they literally paid zero federal taxes, then Jeff got 10 billion dollars GIFTED by government for space work, and then bought James bond series for 10 billion dollars the very next day, so he did have the money for it but it was still tax payers money going into his pocket for free why not do it? Long story short there is a good amount of hatred towards them all founded on good reasons and for some reason we are hunted like witches while they are let go.

The Binance Exchange being chased is a living proof that the Binance Exchange is the best. Other than that, I don't have any other reason why they are being hunted.
Almost everyone gets satisfaction when transacting there, including me. It's the level of security and clarity of the Binance Exchange that amazes me.

It's not about features or anything that you have called it but did you read the latest news? Even FTX was buying the shares that were owned by binance. Binance exchange site was always trying to avoid the regulation. that was also giving so many uncertainties to the its users and even alameda and FTX were deciding to buy back binance shares on FTX.
This could be an evidence if there was a serious problem

No one knows for sure what caused it, I personally also don't see any serious problems with binance, but my guess is it's about security and regulation, like China is ban bitcoin, then indirectly exchanges like Binance will also receive the impact, this is only just one example, there are many examples that cause it. If your country doesn't ban binance, I don't think this is an important issue.

Well, with Binance making millions in a day and governments not getting a slice of that pie, of course, they will look at how they can impose by means of regulatory controls.

Many countries have started taking that approach and while it may seem to work, in the end I see a tendency for a middle ground between Binance and governments because people will not stop using the exchange overnight, and no party will want to lose on a opportunity of making large bucks.

Mostly for regulation , local government want take taxes from binance operation. They consider binance get profits from their citizen that be customer in this exchanges. With huge daily trading volume , binance able generate billions income from it. If they could take some ,maybe will be usefull for income sources.

The action already taken by FTX already gave clue about what happened with binance. We know that binance was also having so many profit from its operation. Im not even seeing binance was also dealing with the tax especially on its users. it's quite different with another exchange site like coinbase which was always reporting the data to the IRS for the taxation purpose.
that's why some countries were calling binance as illegal.

I've heard some complaints regarding it being too complicated or concerns regarding ties with China. Binance also lists a lot of tokens, some of which gain and lose their liquidity rapidly (Shiba and others) causing people to lose their money.

I doubt that it is "only" about the amount of money they are making, it is also about the power they have. Sure the power they have turns into money when they use it, but also they are such a big place that whenever they list a coin that coin goes up so much and whenever they delist a coin that coin gets low so much, and that is just listing/delisting power they have, this is minor compared to all the power they have over all the other exchanges not making any money as well, they can decide to ruin a whole nations crypto exchange world, like they started working with my nation and all other places nearly went bankrupt as well, that is related to money but it is also power of binance as well.

Branding could always be awesome, that is why there are people who hate apple as well, apple is just making phones and computers, why would anyone "hate" something like that? I mean you may not own one, not prefer one, but "hate"? Really? Same logic here as well.

In this business world, not everyone will like what you like, or what is currently developing. on the one hand, there are so many people who support binance, even now new projects are developing their projects using BSC. however, even if it's like that, there will definitely be people who don't like it, and that's a natural thing. well, personally, I like binance, and all its developments.

I don't see any reason Binance will be persecuted soon. Being one of the largest trading platforms at this time, it will be risky on their part if they cross the line which they didn't. They have identity verifications that are strong plus they are recognized by the various governments as long as they follow regulations. I'm sure many government agencies are monitoring their activities because they involved large quantities of financial assets. As long as they will maintain their trust, Binance will remain strong in the passing years.

That is the thing people do not realize, we are talking about 100+ billion dollars total deposited there probably, I do not have the exact number but I am pretty sure it's close there or above and that means there are soooooooo many people and amount of money in there which makes governments worried, not like there is a binance building that governments can go to and charge them with anything neither, Binance while being super huge, deals with so many secretive moves as well, like CZ and many main staff not being in the headquarters they listed just to show an address, those are hugely risky things.

However I also do understand it from Binance side as well because if they were like in a building at New York, they would have been found guilty of something, anything really just to get them because governments hate others that have power and not bribe the politicians at all, binance will be left alone only after they start to bribe those people.

With the major breakout in crypto currencies and binance being the world largest crypto currency exchange, it's normal that all eyes will be on it and some institutions or government will hate it for the kind of success it's achieved in just a short period of time, which also to me means hating binance for nothing.
Governments and countries that are not so crypto friendly will like hate binance for no reason, but this should not deter those who are committed to crypto currencies even if you are from one of this counties, stay focused for crypto is here to stay and no man or government can stop it.

The explanation hasn't been released yet. but what you mean makes a lot of sense.
there is a possibility because of the current binance platform which is very popular and almost dominates the crypto market. there is a tendency to regulate binance in some countries or even all of them.
We don't want the biggest stock exchange to crash with issues built up by a few people. we've seen how some of the major exchanges in the past had to bitterly fight bad news. the crypto market is very cruel.

i still rely a lot on binance exchange because there is no risk to trade,hold because they are giving maximum security to the customer's money where no other exchange can.
it's biggest crypto exchange in the world, so any one can feel jealous who's can not take anyone success. the only thing bothering, it is very difficult to complete kyc.

Yes, I believe this is related to a political issue that started with jealousy towards Binance.
it could also be related to the greed to collect some active taxes from binance which is indeed the largest crypto trading exchange. who doesn't see an opportunity to make money from a project like that?
this is bad, but everything will still be fine. Binance grew up with a large and strong community. hard to overturn it.

I might be misinformed but can you lead me to some sources about this hate issue towards Binance?

As far as my own experience is concerned, Binance is doing good so far and probably no exchange in the next 5 years can dominate them as long as there are improvements on the way, continuous good customer support approach, and no bullsh*t  that might affect their reputation.

it is centralized and sometimes they control the crypto market. as much as the token is in the top ten, they can manipulate the market allowing people to rush in to dump or buy. one good thing about finance the team is they has never indulge in any sales manipulation or try controlling crypto sales.the hate is because it the number one crypto digital exchange.

It is true, this is the big reason why some parties are intimidating Binance. As the number 1 crypto exchange, Binance is the icon of the success of crypto market existing. Those who hate crypto surely target Binance to be attenuated and restricted. They expect this will destroy the spirit of crypto users, but it's not. Crypto will always exist even without Binance, we have a lot of big exchanges already.

I'm sure binance has a lot of rivals, so some exchanges that are new or even old feel rivaled, there may just be some rivals of this binance who don't like it so they try to drop binance, but what a pu it is, I will give full support to binance.

Binance is the number one exchange in the world, there will be a lot of jealous people, it is inevitable. I am also really satisfied with binance, first of all the 3-layer security of binance makes me feel really secure when I store my assets. When complaints occur they solve the problems for users promptly and satisfactorily.

Most of the opposition may come from two groups - the first group comprised of competitors (other exchanges, although I don't want to name them), and the second group comprised of scammers (promoters of scam ICO projects that were rejected by Binance, or people who use bots to manipulate the trade volume). Now they are such a huge business (with BNB having a market cap of >$50 billion), and it is natural to expect opposition from various sources. And in case they want to become successful in business, then they need to take care of this opposition (which I believe they are dealing well now).

Binance exchanger are built in such a way that they have features that other exchanges lag far behind. Due to its high security and fast exchange, everyone has confidence in it. And the binance team is constantly maintaining it and adding new features.  So it is always to be the best and biggest exchange

There's no hate happening to Binance. It's just that these countries are just trying to regulate and help its constituents in binance products like futures and stuffs like that. I also heard some rumors where Binance are trading against its users which is no evidence are found yet. It is quite absurd to think but if they truly doing that, its good for them to be in jail.

From the way I see it I think for governments who have banned the trade of bitcoin in their respective countries and now getting to know that this citizen can actually access the crypto world using this binance as a link they will be wild knowing this fact and some other crucial reasons though known to them.

You couldn't find any single person who doesn't love Binance and has a good reason to hate him. Only hate those people who don't like monopoly. Personally, I like every single service from Binance. I hate it because of our future. I know Binance will cost us more than now. I know because of this kind of situation I have been facing since Binance launched.

CZ has done great job by turning a small size Chinese exchange 5 years back  into world's leading exchange. It is an incredible job without any doubt. Its exchange coin BNB has shown more than 1000% growth in such a short period. They made wonders in every field of crypto industry so obviously their Business rivals will not digest this all and do everything to create hurdles on the way to further success but Binanace is too big to fail now and it will continue its growth journey..

As far as I know, countries are trying to prevent Binance from doing its activities because Binance denies to be audited by regulators. And this isn't fitting the goals of governments. Binance has been having some problems with countries like Germany, England and Japan. I hope that they solve these problems as soon as possible. It'd be really bad for the investors living in those countries.

You cannot trust Coinmarketcap and expect everything related to Binance will be updated even if there is something negative because they own the website as they purchased them from the old team for $400 million.

You never know, some of the major traded countries have banned Binance and asked to comply with the regulators but instead of complying they ran away and how long they will be running and Binance exploded into the scene recently and you will see another exploding like that which is willing to comply with the regulators and it is possible that it will surpass Binance as well ;).

When you are the best you will always be a target and knowing very well that Binance exchange serves as one of the biggest centralized exchanges , the regulators all want a piece of them and maybe find a way to kill crypto through clamping down of exchanges.

CZ good fellow indeed,  and seems to be a step ahead.

While you are right that their ownership of the website could lead to some skewed statistics, I think they have put a lot of effort into the website to have a decently accurate picture of the current industry. When you check data about Binance I would say it is about right. Do you know someone who is in crypto and doesn't use them? :D Everybody uses Binance.

They've since the beginning operated in an illegal way, but stayed ahead of enforcement while awaiting clarification of laws.  We've in the US seen Binance basically disappear, as I don't think Binance.us is ever run by the same company.  Now I see that Binance is being restricted from trading US stock tokens.  I'm surprised they had the balls to ever offer this to be honest, and I think it's an awesome development, but CZ and Binance have tested their limits and now they have to back down from regulators and see what they're going to be allowed to maintain going forward.

Also, people in crypto hate centralization and Binance has built the most centralized and groundbreaking company in crypto.  Their use of the BNB token is something that will likely be studied in economics and business classes for decades to come.

You can rarely distinguish money from power in this kind of environment. They use the money they have very wisely and effectively, pushing technology to the edge and beyond and building a global empire with offices in a lot of countries around the world. You can't attack them. If you attack them, they are just off to the next country. Since they make so much money, they can exert an enormous power over its competitors in all countries as you said. They don't even have to charge listing fees and can go so low with their trading fees that any other exchange couldn't even cover its operating cost. That is the issue when money- and power wise one company gets almost out of control. Binance is such a giant.

And no one that is love by all, even bitcoin, it's hated by the government and some county even ban the use of bitcoin, so even if BNB has a lot of haters, what's important is it progresses and grow as one of the leading coins in the market.

Haters will always hate especially when you are growing as a business and your popularity is advancing well, binance started from the bottom like every other business and work their way to the very top, not only that they were able to expand the scope of their business smoothly by introducing different ways of rendering services, people may accuse cz of playing dirty games but for a business to succeed some certain decisions must be taken that others may not find very pleasant, Elon did not get to the top by being polite. You must learn to take the bull by the horn, people will always critisize no matter what you do.

Nothing I can think of these are false accusations, Binance is doing great their latest innovation the cross-chain has given the community the best option to trade their token in the Ethereum to a much cheaper transaction fee, I've been using Binance for a long time, and just wished that all the tokens I'm holding will be traded in Binance, all the coins in their platform have potential and this is every developer's wish or goal to get listed on Binance.

That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.  

It is very possible that somebody hate Binance because somehow it seems bias to list some tokens which looks not worthy than some tokens with real use case and full potential. Nevertheless, Binance remain the top exchange so far. But even it is the best not all listed are potential because there are listed in Binance and dump dramatically.

CZ has enemies because he expanded extremely aggressively and successfully and as far as I know he was also grinding quite on the legal and regulatory edge. He did comply with everything he was requested and required to, but he didn't go one step further. Institutional investors haven't been his goal and he also didn't target them. That is why he could get away with less regulation than, for example, Coinbase. They had institutional investors as their target group and had therefore to fulfill a lot of regulatory requirements. CZ bet on the right horse: the retail investors.

CZ understand how the business works and how to compete well, there no way that he won't encounter competitors that will try to bring him down, taking the first spot always have bashers who wanted to take that place from you.

nows it and he made it sure that he will continue doing the right thing, until now he's still taking this spot and continue to rise up.

He will manage to work and continue to succeed even there are so many hindrances to encounter along the way.

Binance can't please everyone, but on a day to day basis, Binance for me is a good exchange. Sometimes when the market is congested due to panic selling or buying, this usually happens, and it does not only happen to Binance, it only happens to other exchanges out there. Actually, if customers feel violated, they can report Binance since the exchange is regulated.

just like social media account, in crypto market we also see haters to binance exchange whereas it have biggest trading volume in cryptocurrency market. But loser always have way to express their feel and we should not take it serious

its work not only in binance exchange, we see it in other exchanges too. But i am agree binance must concern with this issue to save our trade position when binance traffice increase extremely.

All those stories they took at binance isn't having strong fact checkings, so don't be easily bombarded on that accusations mate. I'm just the one like you who also liked binance so much, they provided me a lot of opportunities to trade and entrust my funds with them so there's nothing to worry all about. The legacy of binance is historical, we can't afford to ruin it by just rumors that's lingering behind their backs.

CZ always want to comply with the government requirement. That's why they hate binance so much apart from gathering the data from the people in other countries.

And by what is happening today with binance limiting down to 0.06BTC for users who had not submitted KYC is going to make users hate the exchange. This is besides the hate of the government for allegedly operating illegally like how the Malaysian or Thai government is accusing binance.

This is what we do say that "you cant please everyone" and even die hard supporters or users would turn out to be salty when there would be such changes just like on what happened recently
when it comes to that withdrawal limit had been decreased where it did really get out some negative opinions and impressions towards the platform which i cant really blame them off.
Also this is just really ending up on users preference because not all would really be having the same thing in mind when it comes to favorites.Some do like BInance and some do like
Kucoin or other platforms.It will vary on what exchange suits out their needs and have good experience.

because Binance exchange is very successful and is the largest and most popular exchange at the moment, so they may be looking for an excuse to bring down Binance exchange, but it's not that easy to destroy Binance exchange, because there are still many people who believe and support Binance exchange, so I believe Binance exchange will remain the most popular exchange and survive until whenever, because only community can destroy Binance exchange, so as long as community still believe to using Binance exchange, then of course Binance exchange will never be destroyed.

This is the worse thing to expect when the competition got hated. I'll be expecting the other companies to ruin others for the sake to divert the trust of their users but unfortunately, Binance exchange still winning and despite that negative and fake news, people still entrusting them. This is a way to prove that Binance had dealt a great job for their users and they have to protect it no matter what will happen otherwise,  they all be gone.

I guess that's the price you pay for being the biggest crypto exchange, Binance is also my favourite exchange in the crypto space since, I barely make use of another exchange, I'm just wondering why its been targeted by the government lately, I just hope they resolve the issue sooner or later, it's really sad that binance is now prohibited in some countries, seems like government always want to be in control of everything.

a lot of news that cornered the binance exchange. Binance's CEO already said that. if there are regulations it is ready. As the largest exchange in the world, you need competent people to handle Binance.

How not to be hunted this time of year, binance is able to provide real benefits to everyone, many things people get from them, so the decision to continue using binance is a must.

CZ is a smart person in my opinion, he can come at the right time and is able to learn the needs of people today, many things CZ has done over the years, so binance has won people's trust in decision making.

It is very appropriate if Binance is used as a reference for now, hopefully in the future it will continue to be perfected, if this continues to be developed then Binance will continue to feel needed in the crypto world.

Others' success will always have a lot of envious people. And the Binance exchange has reached a level where all views are focused on it, and they are not always kind. Many would like to get rid of it, as a competitor, or get money from them as taxes.

Binance is one of the biggest crypto exchange and in fact, the biggest crypto empire having rolled 2 blockchains, DEX, AMM etc into a behemoth. So its natural to get all the flaks it gets. It comes with the territory. Its legal workforce should be top notch to navigate the territorial shark infested waters its going to swim

There might be two reasons why so much hate and focus has been on Binance lately.

1- Obviously competitors who want to bring Binance's brand value down by spreading hate and fake hoax.

2- Binance has been involved in a lot of controversies lately and they were even asked some questions regarding that by the SEC (U.S. Securities and Exchange Commission) so there might be some substance in those accusations against Binance and indeed they suspend withdrawals at curious times while some even complained about their trades not properly executing during the recent crash of the market.

This is an interesting observation but it seems that governments are not going to tolerate this any longer, they understand very clearly the power of bitcoin and they also understand that slowly but surely they are losing control of their economies due to all the money that they have printed in order to take care of the pandemic.

So they are trying to find new sources of revenue and the market of cryptocurrencies seems like the perfect spot to try to get some profits and with that in mind it makes perfect sense to begin with the biggest exchange that this industry has, however they don't seem to understand that many people are not going to be happy to comply and will move to other exchanges or even begin to use decentralized exchanges.

You can actually follow all the talk about Binance here: https://twitter.com/hashtag/binance

Of course there are Reddit subpages and other places but usually you will get a good idea of what's going on in the market at titter using the hashtags.

I have been using Binance for years now and I had no problems with them and even the verification was not forced on me but because I trusted the platform, I did it to avoid any problems in the future because of it.

I don't believe in all the hate on social media, the same guys talk shit about Elon, and the next day he tweets something else and they praise him.

The thing about being a very big company in any field is that you become a main target for competition and binance isn't left out.
Binance is making big moves in the cryptocurrency space and sometimes the innovative ideas may be too destructive for a country that is naturally resistant to change, but i have faith binance to scale through their challenges

Biggest exchange in the world with basically an income that far better than some non crypto companies and possibly avoiding tax and acting offshore in some countries Highest trading trading volume biggest leverage I mean come combine the simple alphabets and you will know that basically they are attacking crypto or us in style but we will keep standing then now and forever

I think I've seen that competition and hate by other exchange for Binance. But to mention the hate, it those countries or some officials of it that don't see the significance of Binance.
But even if they dislike it, they prohibit it. Binance is already huge and can manage to operate to other countries since there are other huge markets that they have to be there.

Binance is the number 1 exchange, it is obvious that it has very large and influential competitors, which means that competitors have a lot of money and desire to take Binance from the first place.
I'm not surprised that more and more FUD appears about Binance.

I didn't find any one who dislike binance exchange. Though there are some allegations on binance form different aspect. The most common allegation was kyc system. Binance give the facilities to use this exchange it's users without KYC but now they change their rule. From now every one must pass the kyc verification system.

too much success of binance can bother some, many states are in fact annoyed by this and try to put more and more stakes on binance activities on their territories in an attempt to be able to make them pay some tax or have some revenue but for now binance is not it seems to suffer negative effects from these little local troubles

I dont know any binance exchange user who would not be happy with this cryptocurrency exchange and I also have been using this cryptocurrency exchange already very long time and have not had any problems with this exchange, well, of course, binance exchange has competitors and they hate binance exchange, but how we see binance exchange has been the most popular cryptocurrency exchange already long time and I am sure that in the future binance exchange will also be the most popular exchange, but the hate on binance exchange of course will only increase among binance's competitors, but this is not a problem for binance, how we see.

binance is the top exchange in the cryptoqurency market in fact I think most of us have traded there too. therefore I am not surprised to hear a lot of negative news about this exchange even though we know that every exchange project is trying to overtake Binance's current position in various ways. but for sure I believe that Binance Exchange cannot be matched by other exchanges.

For sure there are many other ways to try putting down this business, with so many competitors who wanted to be on top we will expect to see more drama within this field.

Though CZ is doing everything that he can to make sure that it will continue in terms of business and they will not give up.

Lots of pressures that needed to adjust to the point of requiring verifications, but to those who love this exchange they are willing to embrace this actions and they continue to support and use this exchange.

The hate goes hand in hand with all the problems Binance has and what I believe is that the crypto community is a bit disappointed that Binance now becomes massively regulated, applies software to track user transactions down and will most likely forward all our data to legal authorities and regulators. Binance was one of us all the time, stood for decentralization movements even though Binance itself is centralized. But it did so much for the market and the community and all those efforts will now come to an end to some degree. Maybe that is where the hate comes from.

Binance's popularity as the world's largest crypto market attracts a lot of people, even to people in restricted areas to access cryptocurrencies, i think thats why Binance is so much sought after and hated. The tax problem also makes the government dislike Binance because they can't get taxes from the people who make transactions there because Binance is outside their area.

at least they have free bsc tesnet coins. where buterin can't supply its faucets

But I think that Binance is hated for their recent changes in politics and all that "attack" from government and financial institutions.
Previously for a regular trader, trading limit of 2BTC/daily without passing KYC was more than enough. Now, after they reduced that to 0.06 BTC, start to force passing KYC or bribe (this week they give $500 voucher if a freshly registered users passes KYC). Also all that restrictions to use Binance in particular countries and Binance doing nothing against it. This all looks like they try hard to keep user funds on exchange, while risking their reputation. And we all know how such things might end. You have funds on exchange, and exchange is locked for unknow period.

I wish I had not verified my account yet so I can enjoy that voucher amount, lol.

Actually, Binance got a lot of promotion and they are taking care of their reputation that's why they are way ahead against their competitor.
When they purchase CMC with a huge amount, we thought it was a crazy move but it turns out it really help them to grow more as they can use that advertisement to make the exchange more popular.

look at the disparity of the trading volume compared to other exchanges.

https://coinmarketcap.com/rankings/exchanges/

You can tell they are dominating the market.

Binance got so many users which love thier exchange and will always love to continue using it for trading, I don't really know why hatred is being spread towards the Binance exchange, well maybe it has gone against some rules of the government or maybe has done something which annoyed most users, well I really don't know but for me the Binance is a good exchange and wish their system continues without facing any challenges.

unfortunately i had to change my mind and change my opinion binance has bowed to the will of the various governments / states and will become an exchange that can only be used if the kyc procedure is carried out, too bad it was one of the best on the market

That's actually a cool idea by Binance but I just read the article they posted about it and I am not sure whether the offer is even so attractive? You get the $500 in a savings account and can let it earn interest for a 7 day period, then the principle is cancelled and you can keep the interest. Anyone has a clue about numbers here? Are calculations even possible?

They do know on what theyre doing and that what makes them big and yes i do agree that they are really that aggressive on the marketing side which do gives out best user experience on using up a platform
which i cant really deny.

Soo much hate? Everything could really have their own bad experienced but most of the time i dont really see the reason nor some points on why Binance should be hated. There might be some issues but those
are just for temporal.

UI/UX are great plus the perks and bonuses you could get which we can definitely say that they are much more better compared to other competitors.

I'm sure this kind of bonus will not be approved as I'm pretty sure they have strict rules to protect their interest. I have not made any research regarding the bonus since I cannot avail it anyway, but I'm just curious, has anyone here withdraw the $500 voucher equivalent to money?

Talking about that 500 BUSD Savings trial Fund voucher?

You can read up terms on here:
https://www.binance.com/en/support/announcement/b82e5eddc72047fda55f720a49a7bdbc

or simply read this up

Terms and conditions:
Users will receive a 500 BUSD Savings Trial Fund Voucher after they complete Intermediate Verification.
The reward will be sent to the user's Binance account > Reward Center within 3 days after account verification.
Users will have 3 days to redeem the reward, and the 500 BUSD Savings trial fund will enable the users to earn Savings interest over a 7-day period after redemption.
The Savings trial fund is not withdrawable nor tradable. For more details, click here.
Binance reserves the right of final interpretation of the activity.