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Author Topic: How Binance became world’s largest cryptocurrency exchange  (Read 584 times)
Cacingkemi
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November 04, 2018, 05:09:42 PM
 #41

I'm not surprised the founder has been active for a long time in the world of well business since joining the OKcoin founder more and more opportunities,the founder also has a lot of mature relationships and innovations that have several plans to advance crypto so that people trust the exchange.

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November 05, 2018, 07:53:12 PM
 #42

BNB is one of the reasons why Binance became the world's largest cryptocurrency exchange. They found a good use case for their coin. They are lucky due to December 2017 Bull run. They became famous at that time.

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November 05, 2018, 08:23:36 PM
 #43

Many people will counter this, but it's a fact. Binance deserves it, been following them from day one. Initially I was a hardcore Bittrex fan, but some regulations twisted things up. Difficulty in passing KYC, You can't withdraw without KYC and stuff. I loved their Stop loss function until Binance embedded that, and I was like wow Binance means business. Their app is great, and they always update. Using BNB for trading fees of which they were among the first to initiate the feature, aided too.  Initially you get 50% discount on trading fees for holding BNB, they slashed to 25% with time. In essence, what I'm trying to say is this, Binance didn't get to its current position by chance or luck, CzBinance and his team really worked hard. I'm not saying Binance has the best functions out there, some features like margin trading, troll box etc are absent but at least they are above 70% upright in my own opinion.

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November 05, 2018, 08:27:51 PM
 #44

I'm not surprised the founder has been active for a long time in the world of well business since joining the OKcoin founder more and more opportunities,the founder also has a lot of mature relationships and innovations that have several plans to advance crypto so that people trust the exchange.

The people developed a strong trust with this exchange, due to their fast and secured transactions. I myself had a great exchange with their end and didn't encounter any problems in terms of trading safety, so that makes sense at all. All of those innovative ideas the came up had been gathered a lot of good feedbacks from all traders, which litterally result to good outcome.

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November 05, 2018, 08:47:21 PM
 #45

BNB is one of the reasons why Binance became the world's largest cryptocurrency exchange. They found a good use case for their coin. They are lucky due to December 2017 Bull run. They became famous at that time.

I think is not only because BNB but also because the services and trading features they have offered are very good and different from the others even some exchanges began to imitate some of the trading features and ecosystems of their tokens
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November 05, 2018, 08:56:45 PM
 #46

Binance became world largest cryptocurrency exchange because the developers of the exchange took time to study the lapses of all the centralized exchange before binance and they were able to improve on those lapses.

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November 05, 2018, 09:15:01 PM
 #47

It is very strange how it happened so quickly, and this is a very interesting topic to study, in my opinion, just a very high-quality project at the right time was in the right place, with sufficient investment in advertising.
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November 05, 2018, 09:16:46 PM
 #48

I think Binance is the best exchange out there (at least crypto to crypto). They have very good UX, works fast and the volume is good. I really like what they did with the Binance Coin.

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November 05, 2018, 09:23:32 PM
 #49

IMO, I think binance become the best exchange at the moment because its high trading volume and seem like almost new cryptocurrency which gonna be listed on Binance always have very good future then it make Binance become a hot exchange like a hot trend for all new cryptocurrency.


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November 05, 2018, 09:35:54 PM
 #50

There are many reasons for the success of Binance as mentioned by guys
Such as low fees, speed of service, etc. But
In general, the success of any project depends on the minds behind it
Binance team are considered to be pioneers in the field of exchanges
that is why their  exchange platform  with this success.

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November 05, 2018, 09:58:14 PM
 #51

There are many reasons for the success of Binance as mentioned by guys
Such as low fees, speed of service, etc. But
In general, the success of any project depends on the minds behind it
Binance team are considered to be pioneers in the field of exchanges
that is why their  exchange platform  with this success.


Nice points,  also think the referral bonus attracted people to start using Binance couple with the upgrade of the exchange with different innovations.
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November 05, 2018, 11:10:11 PM
 #52

I don't agree with Binance as the biggest crypto exchange. A fake financial volume was constituted thanks to bot using and various campaigns. But its market is open to innovation and trying to improve itself in front of the rivals. Thus, it is well ahead.
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November 05, 2018, 11:17:52 PM
 #53

If that is not the fake link, it is very great to see the analysis. However, can we really determine that Binance is the largest one? I know that Binance offers the big volume and coins with the promising prices. This exchange also presents the good traffic. However, I don't know if it is considered as the largest one or not.

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November 05, 2018, 11:35:16 PM
 #54

I see Binance's CEO very serious in managing his exchange. As I know, they do coin listings according to what they think is good. They reject the coin listing at a certain cost, this is the reason why now Binance is able to become one of the biggest exchanges of quality.
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November 05, 2018, 11:54:28 PM
 #55

Major exchanges such as Bittrex and Bitfineks had stopped new memberships for a while. Binance has used this opportunity very well. It should also be noted that they are very successful in customer relations.

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November 05, 2018, 11:57:43 PM
 #56

Yes, I think also Binance is the biggest exchange in the world of cryptocurrency. Additionally, some people may believe that the price in that market is higher. We can find out the big volume of trading in theBinance. More important is that every investor wants that the tokens or coins from project can be listed in the Binance, This is every trusted exchange.

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November 06, 2018, 01:13:36 AM
 #57

Yes it is and the support they have in almost every language add value to the exchange.
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November 06, 2018, 01:16:07 AM
 #58



 Binance is not old yet but with the help of its innovative decisions it drives itself towards the top place in cryptocurrency exchange.

https://blog.amon.tech/how-binance-became-worlds-largest-crypto-exchange/

I think binance become largest cryptocurrency exchanger because their platform very user friendly. My first trad at december 2017 and i am impress with their platform because i am newbie can understand well their platform.
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November 07, 2018, 10:02:34 AM
 #59

For me, BINANCE is the most trusted and secure crypto-exchange with large market capitalization 155,620 BTC and i advise all people to buy BNB tokens, it have a good future, last year i bought 100 BNB for 100$. Now i look that 100 BNB = 984 $  Grin Grin
I like BINANCE because has a very good exchange system.  Kiss Kiss
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November 08, 2018, 02:34:14 PM
 #60


For me I think Binance is the best, look at the help support they have

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