Binance traders are making more money than other traders

[bitcoin31]

So that is your thinking that binance trader are earning more than the other traders of the exchanges or trading site? I think personally we are not earnung because od the exchanges because we are earning money because of the coin that we hold and if the coin are available to the other exchanges you can still earn money because they have same price only for the same coin they different only in the volume everyday.

[anume123]

We see that binance is very good exchange for lot of exchange platforms and we see that good altcoins are in binance and a real volume you see if you are start to trade there.

[Malsetid]

Binance for me is the most good exchange platform that i see. So many people like binance because it is the top 1 exchange platform with no fake volume. Because in other exchange lot of is making an fake volume and traders always complaining from it.

Some people  are not seeing all these positive side of Binance, all they see is the monopolistic nature of Binance and complaining what is  not there, while they are complaining, Binance is busy focusing on making their platform better and how they can add more benefit to their existing customers.

I have been using Binance since they got to the market, and not for 1 second have I got any reason to complain abit their service to me, how many complain have I seen in the market about other exchanges? So many of them, now when they say Binance users/traders are making more money, they will start arguing blindly.

Me too. Probably they say this because more efficient traders now prefer binance over other exchanges. I've checked the spreads between binance and cmc and other exchanges and the difference isn't that much. Though it's easier to pick lower ranked alts since binance has a pretty big listing and i've also made quite a lot playing with lower alts like wabi. Top traders choose binance and that's probably why there are more people here earning money.

[Cosbycoin]

We see that binance is very good exchange for lot of exchange platforms and we see that good altcoins are in binance and a real volume you see if you are start to trade there.

Besides that Binance has built many other projects where investors can invest to make profit. Trading with coins on Binance is easier than any other exchange due to several features. It is a more efficiently developed exchange with quick updates and new innovative projects. Professional traders prefer Binance as the top exchange among all the other exchanges and this might be due to the faster and unique features with super trust.

[jak3]

I don't see any reason why not they will make more money than other exchanges. Binance has better tools like tradingviews and they have there special BNB coin which they burn every interval to keep everyone intact into the exchange and more over their markets are not much sticky. Exchanges in binance markets are easier to analysis and with good indicator and comparison practices, everyone can get hang of it.

[Whosdaddy]

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

LOL, like seriously do you expect me to read all that you have written there? Then clap for yourself. I'm not ready to read all that you have stuffed up there, you should just do a summary of everything and post it here in the forum, just edit your post here and we can easily get what you're trying.

I even clicked that link by mistake cause I don't like clicking links that I know nothing about in this forum. And I also don't believe that, all exchange are the same and no matter the one you're making use of, all that matters is your skills. If you lose, or win its the same thing.

[clover12]

In lighting of recent events, this topic can be change to "Binance Hackers are making more money than other traders" 

[BitBustah]

In lighting of recent events, this topic can be change to "Binance Hackers are making more money than other traders" 

But it looks like customers on Binance won't be losing any money because the losses will be covered.  The is a relief for myself because I have a few coins on Binance that I have been trading.

I still have faith in Binance but my trust has been diminished a little after this hack.

[bitbunnny]

I don't think that any exchange has more favourable conditions than the other that would enable bigger profit for traders. Binance is not exception. If such claims were true then all traders would use the same exchange so that makes no sense and I don't think that anyone would fall for this.
The only difference among exchanges is user experience, customer care and safety and security features but not bigger profit.

[legendster]

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

I wonder how the BNB price increase might offset this profitability if at all. I haven't read your report yet, but I'd be glad if I find that you've addressed this issue in there.

[rodel caling]

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

happy to heard and congratulations to the people get more or huge profits  using binance trading exchange and  its obvious and clear your promoting to people to go trading in binance in their trading job to get also huge earnings. In my own view whenever people using exchange for their trading job the can get good profits it depends of their strategy and luck how to get profits.

[Osarman]

Binance is one of the few exchanges with 100% real volume with live traders, and that is one of the reason of higher income.

This is the reason why people make more money on Binance than they do on any other platform. This is also the reason why Binance has gotten so many users and why is it making so much money. Basically they have focused on the utility of the user and the more you do that, the more costumers you get. They do not list a coin with weak project that could hurt the trust of the users.

[Gheka]

Binance is one of the few exchanges with 100% real volume with live traders, and that is one of the reason of higher income.

This is the reason why people make more money on Binance than they do on any other platform. This is also the reason why Binance has gotten so many users and why is it making so much money. Basically they have focused on the utility of the user and the more you do that, the more costumers you get. They do not list a coin with weak project that could hurt the trust of the users.

Indeed, binance exchanges rarely bring bad projects to investors, their selection is always very careful and appropriate to the needs of investors, they always bring quality projects and can create profits, long-term attachment to investors. And the most important thing is that they are very focused on developing and supporting investors, assurance of property even when attacked by hackers, with favorable conditions for development, it is not difficult to realize that binance traders are earning a lot of money and profits compared to other exchanges.

[udidrone]

Binance is one of the few exchanges with 100% real volume with live traders, and that is one of the reason of higher income.

This is the reason why people make more money on Binance than they do on any other platform. This is also the reason why Binance has gotten so many users and why is it making so much money. Basically they have focused on the utility of the user and the more you do that, the more costumers you get. They do not list a coin with weak project that could hurt the trust of the users.

Indeed, binance exchanges rarely bring bad projects to investors, their selection is always very careful and appropriate to the needs of investors, they always bring quality projects and can create profits, long-term attachment to investors. And the most important thing is that they are very focused on developing and supporting investors, assurance of property even when attacked by hackers, with favorable conditions for development, it is not difficult to realize that binance traders are earning a lot of money and profits compared to other exchanges.

Don't forget about, i think it is yes they are have their rules for project that want to listed in them. At least it is not too strict like old market that already exist. I mean, they lose some volume market because people nowadays want to trade tokens too and not only old coins.

[SirLancelot]

In lighting of recent events, this topic can be change to "Binance Hackers are making more money than other traders" 

Look, this can happen with each and every single company or market that exists in the modern world. As we know that technology is improving with the passage of time and new innovations build it even more. Hackers are always generating proper codes to a specific system and that is what happened with the Binance. But this is even better because Binance will now strengthen its security much more that will help it get protected from hackers in future and from big losses.

[XCANA]

You mean Binance has a Trading volume larger than any other exchange?

That exactly is what OP just said and that, Binance traders are making huge profits from trading on the platform. To buttress this, last year during the dims, i traded on Binance for about 2-4months and got a very reasonable profits which make me support what OP just said.

[Siren]

I just published a study which explores how Binance traders are making more money than traders on other exchanges.

https://blog.shrimpy.io/blog/exchange-liquidity-a-comparative-study

I'm happy to answer any questions about the study.

Then what about after the hackings? Do they still making money?or some of them are victims of this sudden event?i believe that many are now crying for their losses

Binance is one of the few exchanges with 100% real volume with live traders, and that is one of the reason of higher income.

This is the reason why people make more money on Binance than they do on any other platform. This is also the reason why Binance has gotten so many users and why is it making so much money. Basically they have focused on the utility of the user and the more you do that, the more costumers you get. They do not list a coin with weak project that could hurt the trust of the users.

Compared to CMC?no doubt that Binance has a 100% real volume and in this people are confident in their transactions and tradings

[justspare]

Binance is one of the few exchanges with 100% real volume with live traders, and that is one of the reason of higher income.

This is the reason why people make more money on Binance than they do on any other platform. This is also the reason why Binance has gotten so many users and why is it making so much money. Basically they have focused on the utility of the user and the more you do that, the more costumers you get. They do not list a coin with weak project that could hurt the trust of the users.

I just feel the reason why other traders make money is because Binance gave the chance for them to do so due to their not greedy nature, everyone knows that the higher the trading volume they get, the more profit that they have, and since they have gotten a very high volume trade, instead of keeping the whole profit to themselves, they decided to spread it accordingly by reducing transactions fees, that is why they could have very low transactions fees that makes their traders have more money than the rest of exchanges traders when they trade, but a trader must still know how to trade for them to enjoy this benefit.

[RealMalatesta]

You mean Binance has a Trading volume larger than any other exchange?

That exactly is what OP just said and that, Binance traders are making huge profits from trading on the platform. To buttress this, last year during the dims, i traded on Binance for about 2-4months and got a very reasonable profits which make me support what OP just said.

Lol, I dint know we have people that still doesn’t know Binance that much, and I guess you made that much also because of the very low trading fee that they have, which would have also consumed part of your profit. It is just so unfortunate that the Lion of exchanges are going through this turbulent time of hacking that befell them.

I can see their value is gradually dropping, probably some people are already panicking and it is because they don’t know the worth of Binance. Well it still doesn’t stop them from having volume that will make them get back on their feet and other exchanges will not have their way yet.

[pey]

Thanks for bringing this study, actually Binance can be considered as the best exchange in terms of many aspects including simple factors like fee etc. Trading coins listed on Binance is also safer for traders though it delists sometimes.