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Author Topic: Binance... is this place a scam?  (Read 3751 times)
SergiOLa
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February 10, 2018, 08:01:39 PM
 #201

Binance is oK exchanger.one of the best out there and they are growing and getting better.
I think there is nothing to worry about
Tactical Genius
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February 10, 2018, 08:04:04 PM
 #202

Binance has the largest volume if i'm not mistaken and so with such increased utility occasional networks congestion can affect them and so i believe it is one of those times.I'm pretty sure all will be sorted out very soon.

X-avier
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February 10, 2018, 08:26:29 PM
 #203

This is one of the best exchanges at the moment and I haven't heard anyone speak ill of them! I think it's all a temporary problem and everything will return to its place, be patient!

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neatworld
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February 10, 2018, 09:24:01 PM
Last edit: February 10, 2018, 10:05:09 PM by neatworld
 #204

The recent issue that binance has had has made me more confident in using them. Great updates and information through out and now even 70% off transaction fees....result!

Yes, I definitely think Binance is a great exchange. I have one grouse though - maybe I missed it but a bit more warning before the maintenance would have been much appreciated!
The Young Turk
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February 10, 2018, 09:46:08 PM
 #205

Until a few days ago everyone said "the best exchange is binance". The site was closed for a few hours and it started to be called "binance is scam". We witnessed many exchanges and the closing of those exchanges. Do not hurry to make a decision.



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coolcountry
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February 10, 2018, 09:54:31 PM
 #206

It's really annoying me that every single time something goes wrong with something or a coins dips, it is called a scam. It is not a scam, although it wasn't nice that they announced it beforehand, the exchange was just down for some time. No reason to call it a scam.

Tuare aget
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February 11, 2018, 01:53:43 AM
 #207

A little nervous. Last night I bought 600 shares of IOTA which went up significantly today. I logged back in to move them off the Binance exchange and it is telling me that my withdraws are suspended due to "network congestion." I also have a small balance of ETH that has the same message.



Binance is not scam at all. Its one of the famous and reputable exchanger which has very big community of trader.
No wonder what people saying around but binance is still top popular exchanger and its not scam.
sehoon
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February 11, 2018, 02:48:15 AM
 #208

Maybe they have problems with their system but I can say that Binance is a legitimate cryptocurrency exchange. I know few of my friends who are into this.

sadmaster
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February 11, 2018, 03:38:33 AM
 #209

I don't think this exchange is a scam because in fact it is one of the most trusted and most famous exchanges out there.
I think they are just having issues and it will be resolved in just a moment so just stay calm and everything will be alright.

BigTeeths
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February 11, 2018, 03:47:30 AM
 #210

They already said that it's a network congestion and the best thing to do is to wait. And if that IOTA is from MEW then it's really going to happen because Eth has major network problems lately.
Osaid1
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February 11, 2018, 03:51:36 AM
 #211

nowadays maintenance is so early on binance.

JuniAiko
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February 11, 2018, 04:18:51 AM
 #212

The CEO identity is known, and is based in Hong Kong. There is no where he can run from the interpol in the event that he chooses to run off with all the funds or do anything illegal.

Hong Kong have pretty good laws against fraud and scams. Singapore too.

Even the current government in China are now very harshly clamping down on frauds/scams, taking an authoritative approach initially to drain the swamp of the past governments, before slowly democratising the country once everything is developed and stable.

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Crypto_Freezy
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February 11, 2018, 06:26:49 AM
 #213

No binance is not a scam. But HitBTC is a scam..
SameerSony
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February 11, 2018, 07:26:00 AM
 #214

No binance is not a scam, it is one of the finest exchange in the cryptocurrency, they are having some small issues, soon it will be solved.
BintangBuleun
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February 11, 2018, 08:18:07 AM
 #215

A little nervous. Last night I bought 600 shares of IOTA which went up significantly today. I logged back in to move them off the Binance exchange and it is telling me that my withdraws are suspended due to "network congestion." I also have a small balance of ETH that has the same message.



I do not see any scam on Binance, maybe when you use Binance again maintenance or misinformation you get. Binance has also provided information on maintenance at that time.
Nivir
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March 02, 2018, 09:28:56 AM
 #216

A little nervous. Last night I bought 600 shares of IOTA which went up significantly today. I logged back in to move them off the Binance exchange and it is telling me that my withdraws are suspended due to "network congestion." I also have a small balance of ETH that has the same message.



I do not see any scam on Binance, maybe when you use Binance again maintenance or misinformation you get. Binance has also provided information on maintenance at that time.

I think this guy's issue was addressed already as I cannot see him saying anything about it anymore. I don't think Binance will want to scam people. They even relocated to another place just to continue their trading site when China ordered closure on exchanges.
Midsign
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March 02, 2018, 03:34:49 PM
 #217

Binance is never a scam. Its a good exchange with enough volume and liquidity.

No doubt, their would be technical issues but I believe they have the capacity to solve their issues as they arise 
Pasnik
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March 02, 2018, 03:42:39 PM
 #218

I never had an issues in binance exchange I already had the time to use this exchange so it went well. These days binance has the good feedback that it is the best to use. Even me I used this it went smooth transactions all are in good place.

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prabakharras
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March 02, 2018, 03:45:30 PM
 #219

As much accusation as it is, binance is still the biggest liquid volume place to trade crypto to date https://www.coingecko.com/en/exchanges

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March 02, 2018, 03:50:38 PM
 #220

Binance is currently handling a high volume of trades per day and you won't even feel it when using its interface. It is trending among new crypto users for altcoin purchases due to the ease of using the exchange.

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