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Author Topic: Beware of Binance!!  (Read 727 times)
legendbtc
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May 30, 2018, 03:24:08 AM
 #41

I don't know why people are complaining about the Binance exchange, Binance is very powerful exchange which they are following all security measures. I don't find anything wrong with the Binance exchange and even listing they are looking for potential coins.

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May 30, 2018, 03:58:17 PM
 #42

Well I may say that Binance is one of the best exchange out there in regards with the feature, security as well as the design of the site itself however when I registered in Binance and activated my SMS authenticator not less than 24 hours I experience the problem the OP experienced.

Well I tried to raise a ticket and after an hour I received an Email regarding to the Binance Support and we have some conversation and the support asked me if I want to disable my Authenticator however I need to pass a KYC First before doing that.... Of course I don't want to (Personal Reason).

And after 2-3 hours all the codes I requested came to my phone all at once. I think the problem is the system of the Binance regarding of sending codes via SMS.
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May 31, 2018, 11:24:44 AM
 #43

I have read a lot of bugs in Binance.... and now it happened to me.
 I can't log in to my account because Binance is not sending SMS.
 I opened many tickets and only receive automatic response.

Send a direct Message in Twitter... and nothing... not a word.
Tried to access from my mobile, desktop, laptop, and even a new browser... no SMS to access...
Its been like 6 hours now.

SMS notifications can really cause problem and in my opinion it  has nothing to do with Binance but to what service it uses for their SMS notifications. I've tried developing an app before which requires SMS notifications and it does really sucks since I am only paying them $5 per month for their service. I suggest if you could used another 2fa security I guess that Binance have another option

Quote
I even lost my chance of selling my Ncash when it began to fall.... thanks to Binance

 I read in Steamit that I could access via this  link:
https://www.binance.com/hw_login.html
Sorry for that but that is really how system works sometimes it fails (LOL)

Quote
Anyone knows if that link is legit??

Here is the article:
https://steemit.com/binance/@topproducerzone/binance-login-fix

I strongly recommend CAUTION when trading in Binance...


Maybe it is legit but it was posted 4 months ago and I am not sure if the same problem occurs
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June 01, 2018, 07:47:41 AM
 #44

Just use Google Authenticator (or Authy) and you'll do fine.

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June 01, 2018, 07:03:14 PM
 #45

@UserU  @darklus123 Thanks for your reply... I end up not using any links, and I reset my sms... I am now using google 2fa


@ArkiCrypto  Definitely Binance has some issues with SMS...
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June 01, 2018, 07:33:52 PM
 #46

@UserU  @darklus123 Thanks for your reply... I end up not using any links, and I reset my sms... I am now using google 2fa

You are on the right path and don't forget to save the secret code that you put in 2fa because you can recover your google 2fa once your laptop or cell phone is stolen by the thieves or for your future recovery once the apps is no longer working.

I experience on receiving delayed SMS code from binance that is why I switch my account SMS authentication to 2fa and save the secret code for my future recover and now both my phone and laptop had 2fa so that I can open the binance account one the phone is gone.
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June 02, 2018, 10:47:03 AM
 #47

I have read a lot of bugs in Binance.... and now it happened to me.
 I can't log in to my account because Binance is not sending SMS.
 I opened many tickets and only receive automatic response.

Send a direct Message in Twitter... and nothing... not a word.
Tried to access from my mobile, desktop, laptop, and even a new browser... no SMS to access...
Its been like 6 hours now.

I even lost my chance of selling my Ncash when it began to fall.... thanks to Binance

 I read in Steamit that I could access via this  link:
https://www.binance.com/hw_login.html

Anyone knows if that link is legit??

Here is the article:
https://steemit.com/binance/@topproducerzone/binance-login-fix

I strongly recommend CAUTION when trading in Binance...

Another alternative is by using google Authentication to avoid delay in SMS  2FA delays, if your phone  is android OS download  google AUTH this is not only an alternative to 2FA it also secure your wallet against any threat by hackers.

Yes, it is another powerful security where people should use in order to secure their wallet from the thefts. I am using it from the beginning, this makes us to secure our wallets from the hackers.
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June 04, 2018, 01:05:09 PM
 #48

There are some factors why you are unable to receive your sms maybe its telco problem in the service provider itself or in your mobile phone, sms authentication is not 100% guaranteed that you will receive it on time in my experience there are always some delays some advised are correct use google auth instead its proven to many users.

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June 04, 2018, 08:06:46 PM
 #49

SMS service issue can be caused by network provider or party who provide service to binance . always use 2FA instead of SMS service bcoz that is much faster and secure way to login in exchange . and it do not depend on any network . binance support is good and they must ave resolved it in some days .
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June 04, 2018, 08:09:39 PM
 #50

Just use Google Authenticator (or Authy) and you'll do fine.

we can only trust google Authenticator bcoz other developers can close their app anytime , few months back one such 2FA app was closed and many people got stucked with no option , people who saved keys were safe as they login with that key .
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June 04, 2018, 09:15:44 PM
 #51

we can only trust google Authenticator bcoz other developers can close their app anytime , few months back one such 2FA app was closed and many people got stucked with no option , people who saved keys were safe as they login with that key .

How exactly were people not able to log in? If everyone backed up their recovery keys, which is what you would expect people to do when activating the 2FA option, then there is nothing to lose. On top of that, it's quite dangerous and stupid to use third party authentication applications when it comes to services as important as crypto exchanges. I don't really understand why people keep making the same mistake again and again. Everyone takes care of their bank security properly, but when it comes to crypto people ignore the security aspect. Isn't that weird?
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June 05, 2018, 12:50:05 AM
 #52

I checked their app and it says sms is for China mainland only.
So I am imagining this option for 2fa security is not available who are not within China for some reason.
The only other option is google authenticator which works just fine to enable the 2fa security for the exchange.
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June 06, 2018, 12:34:44 PM
 #53

Bug and online traffic transactions happen a lot specially I guess when the crashed started and everybody is panicking and just want to see everything they have before they loss a penny, some was traffic and some transaction are still on pending status, then some people are putting too much effort to plug phising site during those commotion.
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June 06, 2018, 03:41:53 PM
 #54

@crairezx20 Thanks! And yes... I have my secret code save.

@richardsNY  I know! But some times you take all the precautions and its the exchange that fails... I guess nothing is foolproof

@ThePunisher49X  Well this I tell you.... I used the SMS method with Binance for almost 2 or 3 months and it worked like a charm!! And I am in the Americas...
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June 07, 2018, 02:50:22 AM
 #55

Just use Google Authenticator (or Authy) and you'll do fine.

we can only trust google Authenticator bcoz other developers can close their app anytime , few months back one such 2FA app was closed and many people got stucked with no option , people who saved keys were safe as they login with that key .

Yes, they need to save their private keys inorder to protect ourselves and our accounts. Otherwise, when the authentication fails means we cannot able to retrieve it. So we should focus on saving them in seprate place where it is secured in order to protect our wallets.

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June 08, 2018, 01:29:13 PM
 #56

And today June 8, 2018 I can not login to Binance website...  It says it can't verify.
And that's the reason why cryptos are faaaaaar from widespread adoption.
Just picture a wealthy business person, trying to invest millions in a specific coin and BOOM!! he can't login to Binance... what do you think he will do next?
This kind of mishaps of Binance are a proof of the mediocrity of their staff.
Simply put.
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June 08, 2018, 05:19:18 PM
 #57

I have read a lot of bugs in Binance.... and now it happened to me.
 I can't log in to my account because Binance is not sending SMS.
 I opened many tickets and only receive automatic response.

Send a direct Message in Twitter... and nothing... not a word.
Tried to access from my mobile, desktop, laptop, and even a new browser... no SMS to access...
Its been like 6 hours now.

I even lost my chance of selling my Ncash when it began to fall.... thanks to Binance

 I read in Steamit that I could access via this  link:
https://www.binance.com/hw_login.html

Anyone knows if that link is legit??

Here is the article:
https://steemit.com/binance/@topproducerzone/binance-login-fix

I strongly recommend CAUTION when trading in Binance...



I never had a problem. You can try to reach their support: I saw that they are always very available and answer in a short time  Wink
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June 09, 2018, 07:42:56 AM
 #58

@crairezx20 Thanks! And yes... I have my secret code save.

@richardsNY  I know! But some times you take all the precautions and its the exchange that fails... I guess nothing is foolproof

@ThePunisher49X  Well this I tell you.... I used the SMS method with Binance for almost 2 or 3 months and it worked like a charm!! And I am in the Americas...


I thought about that as well before even when binance indicated that 2fa through text is only for those located in china and i decided against it. Probably the glitch was that you were able to receive sms even when you're in the US. Glitches tend to get detected in time. It's good that you're already using google authenticator, just make sure you have a separate copy of the keys in case you lose your phone or it gets broken. Binance is still the best exchange for me personally


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June 09, 2018, 05:17:13 PM
 #59

I checked their app and it says sms is for China mainland only.
So I am imagining this option for 2fa security is not available who are not within China for some reason.
The only other option is google authenticator which works just fine to enable the 2fa security for the exchange.
I find google authenticator as a good option rather than sending an SMS because sometimes you didn't know if your SMS services is fast enough to send the codes automatically. Compared to google authenticator, you can just simply put the codes even if there's no internet or SMS services provider.
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June 10, 2018, 10:44:07 AM
 #60

Have read many problems in binance and seems all are facing the same problem don't kid yourself have a new one after getting your money in binance it's alright if you lose as long as you get the remaining money in your acount and be that as a reminder to never trust this same sh*t again.
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