Binance is back

[kaineh]

Good news! I expected this because I believe that the Binance has a future. It's worth paying attention to this

[Tearz]

It's trully back, but trades will start in 30 minutes. you have a chance to cancel your bad orders guys and eat a good orders.

[99th]

I would never leave all my funds on one exchange. I leave less than 10% on a single exchange.

Doesn't that reduce your buying power significantly though?

I mean it sounds like a great idea, but for someone like me, if I spread my assets around and divided them into 1/10s then I would be stuck with such little buying/selling power I would be lucky to make $20 a trade.

[coin5haker]

I would never leave all my funds on one exchange. I leave less than 10% on a single exchange.

For HODLers yes, it is preferable. But for day traders it is something quite difficult to achieve. And sometimes I accumulate more bitcoins to transfer them all at once, because the fee is quite steep, usually 0.001 BTC, which is ~8USD.  Unfortunately even with SegWit and Lightning implemented, greedy bastards who own exchanges will never reduce this fee.

[bitcoinman93]

That's good, I wouldn't like to see Binance struggling, it's great exchange. Somehow I still feel better about Kraken and Coinbase, those are my 3 favorites. Been using them for years. Kraken has experienced some struggles lately, always showing errors, but I rather stand that than losing my coins to some new well performing exchange.

[dzelenyanskiy]

Perhaps a phishing attack was made on the Binance exchange site, as recently happened to the Coincheck exchange?

[tdeannova]

a lot of bad news yesterday said that binance has been hacked, but what I fear has been answered. binance is back and I can access the site.

[ferall]

I would never leave all my funds on one exchange. I leave less than 10% on a single exchange.

Doesn't that reduce your buying power significantly though?

I mean it sounds like a great idea, but for someone like me, if I spread my assets around and divided them into 1/10s then I would be stuck with such little buying/selling power I would be lucky to make $20 a trade.

I mostly HODL. 10% is a lot to me and I can make some good trades with that.

[ICOPara]

Good to see that tweet. Ceo sent a lot of tweets to inform website not hacked. But this is the cryptomarket anything can happen at any time. We should always secure our Money from exchanges.

[ashikerrez]

It is easy and simple that people like me thought Binance hacked! Because Binance hacked more than once ! Now, they are very good exchange site but still we have that past fear because of our money on it.

[cccarnation]

That's a good news, Binance is the most comfortable and reliable exchange i personally know. It would be just the best if they'd implement possibility to buy crypto for fiat right on the service

[Naman1111]

Yes its back. Its really funny when Macafee fudding that the exchange got hacked and Binance replying that it did not get hacked. LOL
I think that they hid it brilliantly (Dont want to han=moer the reputation)

Although without doubt Binance is the best exchange I have traded so far.

Wish I had participated in the ICO as well. SIGH!

[kleinkrypto]

still down on desktop

[neatworld]

I could log in to Binance yesterday, when it was 'down' for maintenance. All it said was that trading was not available. But now, I can't even get the page to load. Could it be that too many people are trying to log on at once? I hope that's the reason, and nothing more sinister than that!

[helin9108]

yes its good to see binance is back and also good news for traders as well because now a days binance is most popular and easy to use exchange. Also binance registration is easy , no need to wait for long time for account approval. In other exchanges like bittex, poloniex needs to very your account first for start trading. And binance service is fast. Good to see again binance resume its trading.

[boonsterx]

Binance is one of the best exchanges on the market together with kucoin and Exmo.

I think none of us should have been worried at all. They have done a great job all these while

and has certainly earned our trust.

The crypto industry need more professional companies such as Binance.

[Norihiro]

Now we can access the binance website and they made a tweet about the come back.

Edit: The site still facing problems isn't able to login yet.

Edit2: Logged in, glad to see my balances intact.

That was all of a sudden, to be honest. This platform was performing just so well lately - but those works were quite long. However, I believe that in future we will avoid such situations because for the traders there are a lot of crucial timings and technical works may result in serious money loss.

[BillCoin]

People are tends to panic.
But anyway I doubt if I am ever going to use binance again.
There is no reason for the site to be offline for 24 hours, even if they have an important maintanance work to do, they atleast need to keep the trading platform up and to disable withdrawals and deposits if they have a problem with them.
People who stores large amount of money in the site are getting into panic mode and will probably won't use this exchange any more.

[ferall]

Binance is one of the best exchanges on the market together with kucoin and Exmo.

I think none of us should have been worried at all. They have done a great job all these while

and has certainly earned our trust.

The crypto industry need more professional companies such as Binance.

I disagree. How have they earned our trust? I don’t trust them at all.

[cheezcarls]

Yes, Binance is indeed back. I was laughing out loud about John McAfee attempting to FUD some investors that this exchange was hacked after hours of delay, but the Binance owner proved that there was no hacked involved.

BTC dropped a bit, but climbed back to $8.2K afterward. I hope this server upgrade would be good enough for them to sustain despite the increased trading activity and new registrations as well.