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Author Topic: Binance... is this place a scam?  (Read 3677 times)
RebeccaCole
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March 04, 2018, 05:05:19 PM
 #241

Binance is not a scam exchange.  It is the fastest growing new cryptocurrency exchange.  It has moved up the ranks and is currently the number 1 cryptocurrency exchange.  I have been using it since it went live and really like Binance a lot.  There's a large variety of coins to trade with and it's very easy to use.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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stetym
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March 04, 2018, 08:15:28 PM
 #242

Excellent exchange! Convenient, fast. I put in a light 15 minutes and it all came. The commission on the stock exchange is very small so you will not notice it. The mobile version is worthy of praise. For a beginner this exchange is the most it!
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March 04, 2018, 08:18:03 PM
 #243

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 surely not a scam. Similar delays and problems happen with all the exchanges including binance, it's not the reason for whining, you will get your withdrawal processed.

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MMysterious
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March 13, 2018, 06:28:37 AM
 #244

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 surely not a scam. Similar delays and problems happen with all the exchanges including binance, it's not the reason for whining, you will get your withdrawal processed.

Don't forget to submit your ticket on that issue.

As always exchanges are sometimes facing problems too especially those at the top they cannot address their clients fast enough despite their number of workers already. Binance still looks good and remains number one in volume.
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March 13, 2018, 06:32:53 AM
 #245

I know after binance problems , everybody look with fear to binance but still binance is reliable place to trading. maybe you can try kucoin and cryptopia for alternatives.
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March 13, 2018, 09:52:45 AM
 #246

I don't think binance is a scam. They had a little issue which I know that they are capable of solving the issue.
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March 13, 2018, 10:02:00 AM
 #247

They are not, they are the best crypto exchange for alts in my opinion right now, their interface is very nice and the exchange is easy to use. They also handled the hacking before very well so nobody lost their money, it's just them telling you that the network is congested so it will take a lot of time until it arrived.

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March 15, 2018, 02:06:18 PM
 #248

I did not have such a problem on the stock exchange. I mostly use Bitrex, so I advise you to try this exchange.

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March 15, 2018, 02:13:44 PM
 #249

Binance is a legit place to trading I also tried it and I successfully traded,  you have nothing to worry if you must know how to use it will help you a lot. And this is not scam just study it properly and know all the details.

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March 15, 2018, 02:52:48 PM
 #250

Binance of no one for a couple of months became the top in his field. I think, with their experience, opportunities and motivation, they will mop up the top blockade and make competitors. Plus there is an infa on the development of its own decentralized exchange.
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March 17, 2018, 03:21:17 PM
 #251

With the two recent attacks i think we can all rest assured that Binance is a class act! Fantastic security great announcements and from what I can gather no one lost a single coin. Impressive!

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March 17, 2018, 03:23:47 PM
 #252

I personally can vouch for binance too. Had traded and invested coins from there.. no issue at all so its not a scam .

I would say its a very trustable exchange and maybe kucoin is next on my list
VIP BTC
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March 17, 2018, 03:34:23 PM
 #253

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.



No. Binance is the world's best market.
Maybe when you buy coins, market Binance again problematic. So be patient.

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March 17, 2018, 04:05:47 PM
 #254

I do not think that the Binance project is scam, because I'm sure that this exchange is very wonderful tools for trading, I think that those people who know how to trade on the exchange will be able to make very good money on it.
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March 17, 2018, 04:10:04 PM
 #255

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.



For me Binance is one of the most Legit exchange and fees are not that high ( because I use BNB Smiley ) . One reason why it happen is maybe they have some issues at that time that normal happens to all trading sites .
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March 17, 2018, 04:10:19 PM
 #256


yourself here by the floor very good, sure you have a good choice here here
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March 17, 2018, 04:12:54 PM
 #257

Lol, Binance is the only exchange that is trust-able and if you think that this exchange is a scam than decentralized exchanges are the only places where you should trade. Cause you aren't going to find any exchange better than Binance.



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MJK_Anfaenger
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March 17, 2018, 04:23:34 PM
 #258

Binance is fine, don't worry. They've been around for a while. I personally have been using them for months and everything has been going smoothly so far.
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March 17, 2018, 04:32:39 PM
 #259

For me, binance is a fine exchange.I am using binance more than 8 months.Still no problem.yes, they have withdrawal problem sometimes.but they fix it as soon as possible.

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March 17, 2018, 04:38:36 PM
 #260

 Smiley They are not scam, I'm also using it for quite a while now and before I use it i also ask someone if this trading site was legit. I think they currently have problems in withdrawal on some of the token/coins. Like for example ETH, but now ETH issue with regards to withdrawal is already fixed and you can already withdraw your funds.
 Smiley
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