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Author Topic: Binance Reign is nowhere near its end!  (Read 6583 times)
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July 04, 2019, 06:17:07 PM
 #61

Binance is here to stay and it is definitely one of the best exchanges that are operating at the moment. They are listening to their audience and always make improvements in their project. Moreover, they are always adding new, outstanding features like margin trading.
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July 04, 2019, 08:30:18 PM
 #62

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
I think that BNB was one of the huge success factor of Binance. BNB might lose or gain value but the more important thing is that demand for BNB that is every increasing with the passage of time. BNB being the only altcoin that has been gaining value with an accelerated pace lately. So I think that with so much to offer, Binance might stay for long and rule for long.
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July 04, 2019, 10:29:07 PM
 #63

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.
They have the momentum now and before it's with Bittrex and other old exchanges though they are still operating until now. BNB can stay on the competition but if there's another feature that will be offered by an upcoming exchange that will gain the momentum, BNB can lose the spotlight. They might lose it but they will stay.

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July 05, 2019, 12:04:07 AM
 #64

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.

I don't see the binance monopoly on the cryptocurrency market. If many people choose binance to transact, it is because binance offers large liquidity and has been trusted by many investors.
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July 05, 2019, 03:24:15 AM
 #65

Disappointed with the hack case yesterday, but binance managed to forget it and fix everything.
binance does good service, and the BNB has also become a truly profitable coin.

They've managed to give back the hacked funds of many users. The good thing is that they assured users not to worry about the issue and they worked it out well. Kudos to the CEO and to the team. However, I agree with some points OP presented here. Many users still trusted Binance despite of everything. The reputation is still there and many new projects are rising tie up with the exchange lile IEO projects.
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July 05, 2019, 04:41:10 AM
 #66

Disappointed with the hack case yesterday, but binance managed to forget it and fix everything.
binance does good service, and the BNB has also become a truly profitable coin.

They've managed to give back the hacked funds of many users. The good thing is that they assured users not to worry about the issue and they worked it out well. Kudos to the CEO and to the team. However, I agree with some points OP presented here. Many users still trusted Binance despite of everything. The reputation is still there and many new projects are rising tie up with the exchange lile IEO projects.

Indeed, binance teams work very transparently during hacking and also return losses to members. It is difficult to monopolize the cryptocurrency market while coin and token traded in binance not more than 10% of the total coins in the coinmarketcap

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July 05, 2019, 05:35:44 AM
 #67

Indeed, binance teams work very transparently during hacking and also return losses to members.

Looks like no losses from the members as when the incident happened, they don't allow us to access our account until they sort and correct the problem.
They covered the losses so we don't see some complains from the investors, if you put your money in the site, you don't own them as you don't have the key, so they correction on their part is done internally and all are settled.


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July 05, 2019, 07:59:40 AM
 #68

An exchange that keeps updating itself, always designing new ways of improving is never bound to fail. Binance has been an exchange that does that and keeps growing after its introduction. That exchange has a really bright future, let's look up to it.

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July 05, 2019, 08:04:19 AM
 #69

An exchange that keeps updating itself, always designing new ways of improving is never bound to fail. Binance has been an exchange that does that and keeps growing after its introduction. That exchange has a really bright future, let's look up to it.
Whenever there's a good business behind always expect critics to show up and it's up to the business proving itself and be more recognize, binance will continue to shine up as there's a lots of followers and investors to support the exchange, if there's big failures to happen maybe it will ruined everything inside.
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July 05, 2019, 06:49:45 PM
 #70

An exchange that keeps updating itself, always designing new ways of improving is never bound to fail. Binance has been an exchange that does that and keeps growing after its introduction. That exchange has a really bright future, let's look up to it.
Whenever there's a good business behind always expect critics to show up and it's up to the business proving itself and be more recognize, binance will continue to shine up as there's a lots of followers and investors to support the exchange, if there's big failures to happen maybe it will ruined everything inside.
In fact, Binance has done a lot for the cryptocurrency market, this is a tangible contribution to the development of this sphere. Further success will continue.
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July 05, 2019, 08:08:04 PM
 #71

Just like I have always known, nobody plays the game better than cz binance when it comes to exchange platforms
Binance has brought mere ideas into reality, did safu and also ensure to promote potential successful ieos

Blips are usual, binance is here to remain
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July 07, 2019, 08:36:28 AM
 #72

Yes, Binance had a lot of problems. But all these problems were solved and the management of this exchange has always supported and provided technical support to its community. And if such a huge project can afford such actions then it has a very promising future.


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July 07, 2019, 04:53:32 PM
 #73

0.05% taker and 0.05% maker is one of the lowest fees in industry.
It's their consistency that brought them here. With my long user of exchange, I never found a single issue to contact the support. The system is flawless.
The team behind are inovative and the exchange itself is inovative itself more than any other. They are also well known for delivering what they speak.

Yes, I agree with what you say, Binance, I think it will still be able to hold the championship over some of their extraordinary achievements. Besides their influence on how the market conditions will come and make it better should be more appreciated. The most important point is that I still don't see any reason that Binance will end

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July 07, 2019, 07:33:35 PM
 #74

Binance is a proactive exchange that is way ahead of the other cryptocurrency exchanges because they see themselves as pace setters and their marketing, innovation and security efforts is the best in the cryptocurrency exchange market.
Binance will remain the best for a very long time as long as their principles remain the same.

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July 07, 2019, 07:36:32 PM
 #75

Binance is one of the best exchanges on the market.  I would even say that it is a monopolist.  Because I do not know more than one investor who would not use Binans.  Because I think that it satisfies investors in all respects.
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July 08, 2019, 10:43:07 AM
 #76

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.

I don't see the binance monopoly on the cryptocurrency market. If many people choose binance to transact, it is because binance offers large liquidity and has been trusted by many investors.
Even if there will be a monopoly in the market, it will be as a result of the desire of most crypto users to give them that authority and not because they are doing anything fishy or illegal to gain the monopoly. There are virtually no traders that will not want to use or associate itself with Binance, people love to associate with successful people and company, and Binance is one that has proven to meet up in this area.

Binance being I the position they are today, is typically because they have won themselves into the heart of user because of their constant development in products and services. They have tried and trying everything possible to cover every area that a trader wants in an exchange, I guess that they must really be a good listener.
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July 08, 2019, 10:53:32 AM
 #77

Binance has a sense of originality and I would say that is the secret that is keeping it going.
Most of the times, it is not as if they first started the process of whatever is making them to standout, but that they are creative in their ideas and do it better than others.
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July 08, 2019, 11:06:27 AM
 #78

I just realised that at the pace at which binance is going, they can only run 12 ieos per year, this isn't too much at all, this isn't greed, There are exchanges that runs multiple ieos in a month. Binance transaction fees are OK too at the moment. Binance is cool

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July 08, 2019, 04:42:13 PM
 #79

Binance is here to stay and it is definitely one of the best exchanges that are operating at the moment. They are listening to their audience and always make improvements in their project. Moreover, they are always adding new, outstanding features like margin trading.

Binance has been doing good since launch. They've been expanding at a slow and steady rate. Considering how much trust they've earned from people in the mainstream world, Binance could become a fierce competitor against established giants like Coinbase and Gemini. Its BNB coin not only has its perks, but it's also useful for interacting with Binance Chain and the DEX. If we look at how big Binance is right now, it looks very unlikely that its "Reign" will end anytime soon.

Even with US regulations, Binance seems to always find a solution for its customers. The platform will suspend trading for US customers by September 2019, but it'll re-open later. Being regulatory-compliant, is key towards long-term stability and success across the mainstream world. Where other exchanges fall, Binance takes the lead as the world's #1 crypto exchange.

Nonetheless, Binance's stance would be much of a concern to crypto enthusiasts as it's prone to become a monopoly within the future. If that happens, then crypto will become highly centralized like never before, in the hands of Binance. Hence, it's good for Binance to grow as an exchange, but not as a monopoly that would dominate the whole crypto industry. Just my thoughts Grin

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Doomed to see the future and unable to prevent it


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July 09, 2019, 01:19:55 AM
 #80

What we need is more Binance clones setup so KYC cannot keep up. This US Binance is going to suck. i wish I was wrong but i don't want to be the one who has to pay on funds I already lost because i managed a win in the past. This shit is gambling and only getting taxed on the winning side is moronic.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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