|
|
|
masterrex
|
 |
August 23, 2019, 01:27:49 PM |
|
Well im using Binance and i see that no serious treat with that so called "glitch" according to the CEO "funds are SAFU" so thats it. lets wait and hold with that promise. his the man that behind Binance success, so he knows better that most of us. BTW that glitch is not a big deal to me so its nothing. Im using binance since 2017 thats why i trust it. |
|
|
|
|
|
coin-investor
|
|
August 23, 2019, 03:07:43 PM |
|
I believe it! They have come a long way and their coin is in contention to be on the top 5 coins in the market, and it's only a matter of time. They have made innovation in the Cryptocurrency business, they will do everything to protect the reputation od their site, from bad news and hackers. It's hard to be one of the top exchange in the market, competitors will create FUDS to discredit you and hackers will create a way to get through. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
ganeshramk
|
|
August 23, 2019, 03:11:18 PM |
|
I don't see any issues with Binance. I am using Binance for quite sometime now. I would not worry much or even think about issues at this moment. |
|
|
|
|
|
dearbesz1219
|
|
August 23, 2019, 03:16:58 PM |
|
Again? I remember that last time when CZ tweeted that funds are SAFU, they lost 7000BTC. So wait for more information to know more.
CZ needs to stop the panic, that is all, he probably doesn´t know what happened for now.
|
|
|
|
|
fortunecrypto
Legendary
 Offline
Activity: 2450
Merit: 1047
thecryptocurrency.directory
|
|
August 23, 2019, 03:20:18 PM |
|
It's but natural for the man to stop the confusion by issuing this kind of statement, it's hard for a big exchange to be in this kind of situation because they are on a challenge to maintain their leadership in the exchange, industry and they will do everything in their power to maintain peace and order.
|
|
|
|
whatthesith
Copper Member
Member
Offline
Activity: 301
Merit: 10
simply getting the job done
|
|
August 23, 2019, 04:09:38 PM |
|
You can´t trust anyone, even Changpeng Zhao. We know how centralized entities defend their interests and do not care about their customers, in the first place it is important for them to get a profit.
|
|
|
|
Febo
Legendary
Offline
Activity: 2730
Merit: 1288
|
|
August 23, 2019, 04:43:10 PM |
|
If you treat an exchange as an exchange and not as a wallet, then no matter what happens with them your coins are safe. Their coins are their problem. |
|
|
|
|
|
key4co.in
|
|
August 23, 2019, 05:31:02 PM |
|
I checked the coinpedia article on this post and it still talks about the situation with Amazon Web Services (AWS). I saw a couple of posts on social media with regards to this, and the issue with AWS has been fixed. Binance is safe, no cause for alarm. But I will always advise everyone, never trust an exchange so much that you keep funds in exchange wallets for long term. Always use exchanges for trading purposes and not otherwise. Your personal wallets are not for fancy, use them to hold coins for long term.
|
|
|
|
|
|
lixer
|
|
August 25, 2019, 05:28:27 PM |
|
I don’t think this should be strange to people again because everyone already knows that binance has safu fund, and that was what helped them the last time that they were hacked, but I don’t like it when they mention having Safu fund, because these statement usually would attract hackers to them, since they have safu fund, hacker will keep trying to break their protocol to steal funds since their users will not be affected.
Secondly, it is not advisable that people keep their money on exchanges in which binance itself has even advised against it knowing that their system may not be 100% safe, so it is better to keep it in an external wallet, but with this safu fund promises, people will sure want to keep money on their exchange and carelessly knowing completely well there is safu fund to cater for it when it gets missing.
|
|
|
|
Mrsparks
Jr. Member
Offline
Activity: 406
Merit: 5
I-CHAIN - The Revolution of Digital Advertising
|
|
August 25, 2019, 10:41:59 PM |
|
What do you think about Binance?
The real question is for how long can CZ continue to guarantee the safety of funds..As the crypto space continue to mature the hackers are getting more clever and i doubt a centralized system can keep them out for long.. |
[ I C A | icacoin.com | IEO is live on Sept 2019 ]
━ ━━━ The Revolution of Digital Advertising ━━━ ━ |
|
|
stfN2128
Member
Offline
Activity: 882
Merit: 14
|
|
August 25, 2019, 10:45:23 PM |
|
For me, binance is one of the trustworthy exchanges, unlike cryptopia... they got "hacked" and has to stop their business cause of it. Binance got hacked, they payed everything out out their fund. this is how real business works. |
|
|
|
|
SistaFista
Sr. Member
Offline
Activity: 1638
Merit: 251
Hexhash.xyz
|
|
August 28, 2019, 02:19:58 AM |
|
The last hack incident that was occurred on Binance have no effect on users balance, so i think the user's coins and tokens will be safe. and i think the withdrawal is disabled to avoid more technical problems. I guess we need to wait until the problems resolved. |
|
|
|
robelneo
Legendary
Offline
Activity: 3276
Merit: 1208
#SWGT CERTIK Audited
|
|
August 28, 2019, 02:44:07 AM |
|
It should be safe, they want their reputation to remain intact, and everybody in the community is all looking up for them, if they cannot secure their investor's fund what more can we expect from a small exchange, they should set a good example to the whole community by making investor's account secured and safe. |
|
|
|
|
jossiel
|
|
August 28, 2019, 03:14:08 AM |
|
That term has been used by CZ during the time when Binance has been hacked.
But in reality, funds in exchanges such as Binance although they are reputable is prone in hacking. Its okay to use and trade through them but dont ever store big amounts of funds on any exchange even it is Binance.
|
|
|
|
wedosgibas
Member
Offline
Activity: 535
Merit: 33
here we go
|
|
August 28, 2019, 03:27:31 AM |
|
That may be a reason for users to remain calm and also maintain their reputation, all will say that, if the team can still control. But, there is no safe system.
|
|
|
|
|
|
guoyu78
|
|
August 29, 2019, 03:41:43 PM |
|
That may be a reason for users to remain calm and also maintain their reputation, all will say that, if the team can still control. But, there is no safe system.
You think that binance too would be happy to be loosing funds like that, even if the last money they lost is 4% of their capital base, how long do you think they will cope to continue to loose that 4% before they go bankruptcy, so after that event that happened, they would have surely put a more safe system in place already and probably employed more exert security that would cover all those loop holes that we did not see. I don’t usually believe that there cannot be a perfect system, it may not be perfect form the beginning, but as they grow further in it, there should be a level where the system will develop to become perfect and give people rest of mind without being compromise which I believe that in not time, binance will get there soon. |
|
|
|
|
|
