Is Binance the Best Exchange for Crypto trading?

[crabby]

Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team

[eaLiTy]

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

Binance was one of the best exchanges for crypto trading until we heard about the hack, any exchanges who does not have the ability to take care of their security cannot be termed as the best exchange, we all know the drama that unfolded during that time, i have not heard any user complaining that their funds were compromised but with the past history when it comes to exchange hacks in this market we have to be cautious trading in it for a while.

[Negotiation]

Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team

Yes, last 2 year I trade binance, it is sure binance & Bittrex is the most popular trading broker for the crypto trader, low trade fee and hard security this broker.

[Oilacris]

Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team

A very neat review of Binance Exchange but talking about the best exchange then the current rankings would already tell

on whose on the top tier.I would suggest on reviewing other top exchange as well which you can look at on CMC exchange ranking list.

[harizen]

Nice review. Same with the previous reviews on Kraken, Bittrex and Coinbase Pro.

Although for technical and deep users, they need more, the information stated in the article at each exchange is a good and useful reference for newbies who are having a hard time comparing one exchange to another.

Just be updated anytime for some changes happened on those exchange and I hope more exchanges to follow (although I'm sure it's already on your next plan).


As for the thread title, considering "the best exchange" is based on our own preferences. Binance is no doubt one of the reputable exchanges today so we can assume that this is the most suggested exchange making it "the best".

Never have a problem, minor or major, using this exchange so far.

[Jating]

Hi Everyone!

We wrote up a review for Binance to try to answer the question "Is Binance the best exchange for crypto trading?" We would love to get your feedback and hear which exchange you would like us to review next!

https://blog.shrimpy.io/blog/binance-review

Thanks,
Shrimpy Team

Based on personal experience? I would say yes, one of the best right now. No issues whatsoever with deposits and withdrawals, smooth transaction.

Even with the recent hacks, Binance remain dominant. We will just have to wait for the Binance US version and I'm sure they will remain on top of the game.

Their IEO is like gold right now, everything they launch turns out to give a lot of investors huge returns.

I just you just need to look at the top 10 trading exchanges so that you will have a idea on what to review next. Maybe you can also touch based about the supposedly fraudulent practice of wash trading or fake volumes so that newbies will be exposed to this kind of manipulation.

[marcuslong]

I considered binance one of the great and best trading exchange for cryptocurrency, because it never failed me. Their site was trusted and safe with respect to access and withdrawal of funds. There's no glitches of bugs or something, everything went out accomodating.

[anu1908]

seems like only one or two people actually read the article and the rest just go there and answer the title even if OP is not really looking for answer.

anyway, OP, you're reviewing the obvious in crypto market right now. almost everyone would agree about it. what about reviewing and looking for which exchange is the best for us traders?

[crabby]

seems like only one or two people actually read the article and the rest just go there and answer the title even if OP is not really looking for answer.

anyway, OP, you're reviewing the obvious in crypto market right now. almost everyone would agree about it. what about reviewing and looking for which exchange is the best for us traders?

Great suggestion! We have more reviews coming, so we don't plan on stopping here. We wanted to hit some of the big names first so we could get some feedback and get comfortable releasing the reviews.

More to come soon!

Can't wait to share more of our reviews with you guys. Don't hesitate to let me know which other exchanges you enjoy using and I'm happy to consider them for next articles.

Best wishes!
Shrimpy Team

[hustlrdotcom]

By far yes. Binance is the best!

[Distinctin]

I just scan to the blog you shared, and you did a good job for sharing to the crypto space about Binance.

I myself can say that Binance is a good exchange, one of the best in the market but I would not say it's the best exchange.
you know, every exchange has their time, maybe for now, it's Binance which is dominating the market, but that's a challenge for small exchanges.

[FrozenBit]

Binance is definitely the best exchange to date. exchange really has a very nice, smooth interface and is not delayed by the chart like other exchange exchange.
Besides, the level of security is very high, we can always feel secure about leaving money on exchange.
One thing I really like about Binance is how they estimate the value of coin when preparing to place buy and sell orders. everything is very carefully prepared and I cannot find a defect from their exchange.

[FanEagle]

I still think fee's are too overvalued here, I mean yes the trading fee's are so low compared to some others that it does deserve to be high but also their withdrawing costs are so high that it levels it out. I would totally give it 4 stars instead of 5.

Their security is actually another question, they recently got a breach and got 7 thousand bitcoins lost on their hot wallet but at the same time they never made that into a problem and made the customers pay for it, they paid it from their pocket which means maybe they are strong on not security but user friendlies (they also had another one where hackers got many APIs and pumped/dumped a coin). So, in a way it is both a low star for security because they are getting breached but at the same time high on security because that never affected anyone. All other parts I definitely agree with.

[sandra_x]

The reputation of binance has since waned after the hack, kind of cast a shadow of doubt on users that there is significant risk involved in using binance. I don't think they are the best because security is paramount when it comes to security.

[TopTort777]

The reputation of binance has since waned after the hack, kind of cast a shadow of doubt on users that there is significant risk involved in using binance. I don't think they are the best because security is paramount when it comes to security.

If not Binance, then who is the best? Binance has good support and neat UI. It is easy to register and use this exchange. Plus is supports multiple languages of UI and has a mobile app.

[FlyingDrozd]

This post is such an obvious ad. At least the title makes me think so. And my answer - no, it is not the best exchange.

[semobo]

And my answer - no, it is not the best exchange.

Depends on the people who were using it.If someone never had any issues and they feel the prices are good then they will say it is the best and if they don't have some coin which someone want to trade then they will call it as another shit exchange to the list.

[maldini]

Good review for binaries, but this time I don't ask you to review other exchanges. I want to ask your opinion to analyze any exchanges that the IEO project has on average success. Maybe here you can help other investors in determining exchanges to invest in the IEO.

[leowonderful]

Depends what you're looking for. I trade with margin and I don't want to perform KYC to do so, and as a result I use Bitmex or Deribit to do the majority of my trading. I do also trade altcoins somewhat often, and without KYC, so the go-to when I want to do that is Binance as I've always found everything there to be decent.

[Mrengage]

It depends on what you want in the exchange many will like the liquidity of the exchange many will like the interface and many will like it due to it is easy to operate and with the help of the app as well.