Binance issue

[Viking81]

What is interesting, there are rumours that Binance will have its banking accounts in HSBC and Barclays in Malta. If true those 2 banks will be able to directly influence Binance activity as the fiat-to-crypto exchange (several other leading exchanges such as Coinbase and Bitfinex are also under a dominance of large financial groups). Though that scenario can bring addtitional money from institutional investors it poses some considerable risks including consolidation of big business control over cryptotrading and a higher probability / intensity of cryptomarket manipulations.

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[loraalbert]

With recent moves on the market and with binance. I suspect they try to create FUDs to fool the bitcoin shares from many people. However, I'm not sure about that. Right now, when the market is sinking. Any information is sensitive and has negative feedback.

[zhanyiguai261315]

The worst plan is that Binance fails, and many exchanges can replace it!

Hong Kong is always China's territory, and China's policy is forbidden to digital cryptographic currency!

Binance is far from Asia's benefit to its development.

[Leonard2016]

Binance has been so big and popular that a simple FUD about it could change the bitcoin price!
I'm not agree with centralize exchanges and if Binance doesn't create a decentralize exchange wouldn't last for a long time.

what do you mean there is an oddity in the BINANCE exchange ?
it should be in the present time they are making decentralized market versions like other markets.

yeah i heard they are developing a decentralize exchange and that's a big news , growing of cryptocurrency depends on decentralization nevertheless governments would control it and still the same thing with fiat currency repeat again!

[Leonard2016]

Binance has been so big and popular that a simple FUD about it could change the bitcoin price!

I'm not agree with centralize exchanges and if Binance doesn't create a decentralize exchange wouldn't last for a long time.

If you don't agree with centralized exchanges, then don't use them, it's that simple. Also, the 'decentralized' exchange Binance plans to set up isn't all that decentralized to begin with. I rather use current decentralized exchanges, or keep waiting for a better one, than making use of the BinanceChain. But who am I? People are free to use that what they like, and I'm happy for them they have the freedom to choose. At the end of the day, decentralized or centralized, everything helps increasing crypto's utility - without all these combined efforts, crypto would remain a joke for ever.

I used Binance because it has done so good so far and i don't know as good as decentralize exchange yet , I'd leave it as soon as i found one , i'd rather to keep the private key of my hand instead of giving to some exchange!

[bitcoinveda]

Binance has been so big and popular that a simple FUD about it could change the bitcoin price!
I'm not agree with centralize exchanges and if Binance doesn't create a decentralize exchange wouldn't last for a long time.

what do you mean there is an oddity in the BINANCE exchange ?
it should be in the present time they are making decentralized market versions like other markets.

yeah i heard they are developing a decentralize exchange and that's a big news , growing of cryptocurrency depends on decentralization nevertheless governments would control it and still the same thing with fiat currency repeat again!

Exactly, they are developing their own Blockchain and they named it as Binance chain which can lead the market in the coming years. Decentralized is always good for protecting their coin with themselves and COE of Binance has taken the right decisions.