Reminiscing over Binance

[TheVeteranAngel]

Some weeks back after the federal government and Binance issue rocked the Internet consequently leading to Binance suspending naira pair and delisting naira p2p from the exchange, some crypto exchanges like Bitget, Bybit, OKX and Kucoin were the largest beneficiary of the unfortunate incident as many users moved their assets especially USDT to this exchanges.

We all know how Binance has been holding it down for years giving users the satisfaction they desire and constantly coming up with innovation that enhances user experience. A friend of mine was complaining about Bybit P2P he recently used and had issues. His concern was that their customer support was quite unresponsive and it's been 2 days with the issue unresolved typically opposite of what was obtainable on Binance.

My question is what do you think this other top mentioned exchanges can do to make users no longer think of Binance? Do you think any exchange is making that move to cover up the space...let's discuss.

[Charles-Tim]

Binance is praised than it should be.

My question is what do you think this other top mentioned exchanges can do to make users no longer think of Binance? Do you think any exchange is making that move to cover up the space...let's discuss.

Binance is not the only exchange and it is overestimation if you said it is better than some other exchanges as if other exchanges and nothing to it. If Bybit does not satisfy you, use other exchange.

[EL MOHA]

I agree with Charle-Tim Binance always seems to be too overhyped when things like P2P are talked about. I don’t know for many but even before binance had issues with the federal government I had found comfort using KuCoin for my P2P trades and reason been the same as you are attacking Bybit for poor support response Same issue I had that time with Binance. KuCoin since then have been my best exchange for the P2P transactions, this doesn’t mean they wouldn’t have their own flaws too.

As for support problems concerning P2P all exchanges use to take time if both sides keeps pushing, some times they ask each party to contact their banks and it takes nothing less than 24 hours giving to reach out to them.

As for those that we’re trusting binance and kept there funds there they were doing the wrong thing and even if they move to another exchange again it is still wrong to trust exchanges. Don’t be deceived by the SAFU on binance take your money off any exchange before it is dangerous

[kentrolla]

It's pretty simple the exchanges should make the whole process of trading, P2P more easier and user friendly and  they just need to competitor benchmarking with Binance to see where they lag if they really do or not because most of the users just got used to Binance and it's taking them sometimes to adopt to other exchange hence ethey are cribbing about i even if there is absolutely no problem with the exchange and it's interfaces.

[AVE5]

Binance is praised than it should be.

My question is what do you think this other top mentioned exchanges can do to make users no longer think of Binance? Do you think any exchange is making that move to cover up the space...let's discuss.

Binance is not the only exchange and it is overestimation if you said it is better than some other exchanges as if other exchanges and nothing to it. If Bybit does not satisfy you, use other exchange.

Binance was only a dominance exchange and wasn't really that it has the best offering services for crypto investors who trades on the P2P.
Atleast most of us whom had been engaging on other exchange platforms after the delisting of naira from the Binance P2P can even attest to it that there has been some comfortable features some exchanges have over Binance exchange which fortunately we weren't aware about all those while.
Op, I've been trading on the OKX exchange and haven't had issues with it so you can just give it a try and let's get this hyping of binance to an end and just continue our crypto networking with them in as much there are other platforms to occupy their spaces.

[Charles-Tim]

Binance was only a dominance exchange and wasn't really that it has the best offering services for crypto investors who trades on the P2P.
Atleast most of us whom had been engaging on other exchange platforms after the delisting of naira from the Binance P2P can even attest to it that there has been some comfortable features some exchanges have over Binance exchange which fortunately we weren't aware about all those while.
Op, I've been trading on the OKX exchange and haven't had issues with it so you can just give it a try and let's get this hyping of binance to an end and just continue our crypto networking with them in as much there are other platforms to occupy their spaces.

Binance is one of the best exchanges but what I do not like is that some people are saying it as if there are no other one of the best exchanges but there are some other one of the best exchanges that can be used. OKX is a good exchange but be careful not to deposit less than the minimum deposit for bitcoin address which is 0.0005 BTC. The exchange has used this to scam some people, including my friend.

[MainIbem]

OKX is a good exchange but be careful not to deposit less than the minimum deposit for bitcoin address which is 0.0005 BTC. The exchange has used this to scam some people, including my friend.

If lots of people are still not able to get over the suspense of  naira P2P on Binance then I'll say they're not yet ready cause it's not like Binance was the best exchange, it might had been the most dominant exchange but other exchanges the OP listed are still very okay especially OKX, ByBit and Kucoin. @ Charles-Tim thanks for the information about OKX but i wonder why people would be careless not to heed to simple instructions if an exchange says their minimum deposit is a very figure why not heed to their instructions or use another exchange if you're not suitable with their conditions. Then when they go against the instructions and lose funds they'll claim to be scammed by the exchange.

[TheVeteranAngel]

It's pretty simple the exchanges should make the whole process of trading, P2P more easier and user friendly and  they just need to competitor benchmarking with Binance to see where they lag if they really do or not because most of the users just got used to Binance and it's taking them sometimes to adopt to other exchange hence ethey are cribbing about i even if there is absolutely no problem with the exchange and it's interfaces.

I have a similar feeling as well, most people have been too dependent on binance to explore others exchanges perhaps the little challenges they face navigating the respective exchanges UI....After trying out a few exchanges, I realized Bitget has one of the best UI and their P2P is pretty good. I even got some BGB on my first P2P transaction

[Iamcrypticguy]

It's pretty simple the exchanges should make the whole process of trading, P2P more easier and user friendly and  they just need to competitor benchmarking with Binance to see where they lag if they really do or not because most of the users just got used to Binance and it's taking them sometimes to adopt to other exchange hence ethey are cribbing about i even if there is absolutely no problem with the exchange and it's interfaces.

I have a similar feeling as well, most people have been too dependent on binance to explore others exchanges perhaps the little challenges they face navigating the respective exchanges UI....After trying out a few exchanges, I realized Bitget has one of the best UI and their P2P is pretty good. I even got some BGB on my first P2P transaction

Though being attached to an exchange for so long can be addictive, that's why we're in the crypto space; flexibility and adaptability are key. If a platform isn't providing what you want anymore, you could switch to other DEX or CEX platforms as you mentioned and continue your journey. As for your experience, it's not just about the UI. I've been exploring their derivatives and shorting the dip in the past weeks. I've noticed their platforms don't lag, and they always seem to be rewarding Africans after completing certain tasks