Binance Reign is nowhere near its end!

[bitkanu]

I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.

Monopolization is a very high competitive advantage! I think Binans Coin in the future will take 30-40% of trade in the entire cryptocurrency market.

I hope NOT! because that'll be too much for an exchange and if something goes wrong with them the whole crypto market will be shaken.
40% of all total volume could definitely affect the market so hard and in my eyes that is too dangerous.

[1714621457]

1714621457

[1714621457]

1714621457

[1714621457]

1714621457

[1714621457]

1714621457

[NathanJB]

I have noticed a lot of newbies and jr. members promoting Binance by opening promotion threads here. This is exactly one of the reasons why Binance appears to be very popular. They are wealthy enough to pay shills all over the internet to create topics in which they could insert Binance. Binance is not reigning actually.

[bitgolden]

I do not think that binance is monopolizing the market. Instead it has become successful in winning many people and is serving traders to its best.
As a result, its token Binance Coin is increasing in price. Reports say that binance exchange is also bringing many services to its clients.
I have much faith in Binance exchange. It will continue to do well in the market.

Do people understand what it means to monopolize?Is there any activity of Binance to them that that was born out of coercion or born out of forcing their product on people against their wish? At least we don’t have any involvement of government in crypto now, for us to say a particular government passed a law that will favor Binance which usually is the causes of monopoly.

The success of Binance and their hype should be tied to their hard work, effectiveness and the love that they have for crypto users. Binance team focuses more on delivering quality projects to the people, and this is basically the major reason why Binance keeps growing daily and moving fast ahead of all other exchanges, if any exchanges want to have the hype too, they are free, and nobody is stopping them, provided they can exactly what Binance is doing.

[Red-Apple]

The success of Binance and their hype should be tied to their hard work, effectiveness and the love that they have for crypto users.

it certainly is because of their hard work and lots of advertisement but that doesn't mean what they offer is any good. the only reason they have this "reign" right now is because every other option is so much worse that people have no other choice but to use Binance.

[el kaka22]

Binance is just way too smart to let this amazing income go. I mean you can't expect it to lose by itself, they will not do any mistake to lose this much money, they are making millions of dollars in profit every single day, there are literally only a few companies that make as much as binance, you may count thousand of them but in the end there are millions maybe even close to a billion (maybe even more) "companies" in the world (including stuff that are like shops and what not even digital ones) hence having just a thousand company bigger than binance is very obviously little.

Hence, maybe someone else will come and take the crown from them but until that new amazing one comes up binance itself will not let this one go, they will keep being awesome in every aspect.

[Xclusive5]

Binance is really doing something amazing that's making them take the lead always;

* (Entrepreneurship-focused) They try new things always- Binance tries to bring surprises each time, trying new platforms, bringing new products whereas most of the competitors are stuck or wait for Binance to do and then copy which always leaves them steps behind

* Binance isn't acting greedy- Ideally, Binance has been one of the exchanges taking things pace by pace.. just look at te number of IEOs a month, and their maximum sales cap as well, the number of normal token listing a month, the trading fees, etc. In fact, Binance could issue as many IEOs as they want and it'll all be sold out, or even list as many tokens as they wish but they're taking steps carefully and not trying to be "greedy"

They've won many hearts already- Binance can be considered as one of the loved exchanges in the space.

Aside these are the numerous advantages of trading at Binance.

Even though many people see Binance as trying to monopolize the space, I see it as they're thinking as entrepreneurs whereas their competitors are "sleeping." And with that, they'll really reign for long.

Yes, binance is really doing very good now and its at the top of the ladder when it comes to cryptocurrency exchange but the exchange must not in any way relent because there are lot of competitors and overtaking is allowed at any point in time. If we could go back to memory lane, bittrex exchange was at its peak in 2017 but there was a turnaround and binance emerge as number 1 exchange in the world.

[Bananington]

Actually, Binance remains my best exchange, that's where I do the bulk of my trading since I'm a day trader.  But I don't really understand what you meant by they ain't acting greedy anyway.  Binance CEX, Binance chain, Binance DEX, BNB coin being the bed rocks have really prevailed so far, and CZ keeps bringing promising innovations and surprises as you mentioned.  Well, it doesn't mean they don't have their own flaws.  For me, the BTCB (Bitcoin BEP2)  listing doesn't really make sense to me, seeing a token pegged to BTC looks somehow.

[Apes]

clearly binance is very open to various developments in cryptocurrencies. they are not fixated only on an exchange, they dare to break with various creative and attractive products. we need other exchanges as a competitor so there is no monopoly on the market and cryptocurrency.

[joinfree]

No single doubt about that, Binance through the efforts of CZ and his entire team are really doing a great job and also trying to make the purchase of cryptocurrencies very simple and with fiat also. Even after the hack, they have kept to their words and are still doing a great job. I don't think any cryptocurrency exchange can push them from the top.

[poodle63]

They also trustworthy even when something like the hack happens and thy are always willing to solve problems in the best interests of their users.

That is one way of keeping a loyal customers in their hand and I don't say that is bad, that is actually a good thing since lets be honest we are all tired of all those scam exchanges that are currently surfacing, even I never touch all those unpopular exchange after trying the binance myself so I guess they are good to go.

[sammy21]

binance exchange places will always have very good developments and I believe binance will be the best exchange platform for 2019, hopefully binance exchange places can have a long life.

until now binance is still the best. especially with the IEO event that he did maybe from there will be born potential coins for trading. because the developers of binance do their best for projects that can sell IEO there.

[[btc]YSG]

It is going to be very hard for Binance to get replaced by another exchange as the number one exchange with the biggest trading volume but it is possible, Binance have already made a name for itself over these years as the front runner, and is currently regarded as the best, If other exchange also put out a lot of features like Binance offers then Binance reign can be cut short or competitive.

[bvg96634]

Your facts are correct mate. They have been stalking their game for a long time now.
They are always trying new things and are very active as compare to others and most just try to copy them
They are not at all greedy man. The facts that you gathered are all on point. They offer low fees and much more.
They have indeed won many hearts, I myself recommend a lot of people to try Bianance at least once. They have a lot of lovers and will continue to reign as long as they are people who truly appreciate them.

[landoffaucets]

People love Binance. Investors love Binance. Why not to follow the trend and earn on it? Invest into all Binance´s IEOs and you will be in profit. Everyone will be satisfied. It is not a dream? How long do you think that this can work? So do not complain and enjoy!

[CryptoIyke]

Had anticipated and huge decline of the Binance coin after announcing the US ban but it is quite interesting to see that the price has remained relatively stable over the period with little fluctuations. Binance is here to stay and it has really added a lot to the crypto space, it is the exchange others look up to

[Ochakemaput]

People love Binance. Investors love Binance. Why not to follow the trend and earn on it? Invest into all Binance´s IEOs and you will be in profit. Everyone will be satisfied. It is not a dream? How long do you think that this can work? So do not complain and enjoy!

participating in the finance IEO seems to need capital to have a BNB with a large enough value to be able to get tickets to participate in the sale of the IEO. a little complicated but it successfully limits IEO participants. in fact most IEOs are also finished with all sold.

[10BTCaDay]

People love Binance. Investors love Binance. Why not to follow the trend and earn on it? Invest into all Binance´s IEOs and you will be in profit. Everyone will be satisfied. It is not a dream? How long do you think that this can work? So do not complain and enjoy!

[ahmed04]

Binance is the leader of various innovations. This is the most important businessman in the world of exchanges. Binance will continue to live and delight its investors and traders. This cannot be said about other projects.

[shadowduck]

Binance is the leader of various innovations. This is the most important businessman in the world of exchanges. Binance will continue to live and delight its investors and traders. This cannot be said about other projects.

I think that this will not always be like this. Now there is a good opportunity to trade and earn good money on the Binance, but we must be ready for any situations

[Hueristic]

With the opening of the US only Binance exchange I'd recommend all US residents get your coins off right now.