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Author Topic: Is Binance the Best Exchange for Crypto trading?  (Read 7945 times)
John46285
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July 11, 2019, 05:30:38 PM
 #81

My answer will be yeah Binance is the best crypto exchange. It’s just my opinion and I don't know about others people’s opinions. Binance has high security, good support, good interface, high volume, big numbers of users all around the world.         

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July 11, 2019, 08:25:09 PM
 #82

Binance might not be the best one but it's definitely very good. Everyone is attracted by low fees and there's margin trading for more experienced traders.
Can't even say anything bad about it. Highly recommended.
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July 12, 2019, 11:21:27 AM
 #83

I would say that binance is the most popular exchange among large traders. Binance has good liquidity in many trading pairs. Most other exchanges have a problem with liquidity. I mean real liquidity.

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July 12, 2019, 11:46:20 AM
 #84

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
It is not the only exchange that is best. There are many exchanges that are also good like bittrex, kucoin and poloniex. The thing is, binance already had its name in this industry. So, many people have already put their trust in binance. And it is good also that binance is performing well as a cryptocurrency exchange.

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July 12, 2019, 11:53:30 AM
 #85

I met the CEO of Binance himself, Changpeng Zhao last week at the Asia Blockchain Summit in Taipei, while we are about to go up in an elevator.

Although I respect the fact that Binance is the most popular exchange in the world these days, but I can't say it's the best for crypto trading. No trading platform is perfect. Even if it's #1, it's still vulnerable for hacking like what happened in Binance before. Even Justin Sun, CEO and founder of Tron (which I also met him twice, and a fan of his bunny slippers) offered to donate some to recover losses in Binance exchange.

I use several exchanges up to date aside from Binance (e.g., Mercatox, MetaMorph Pro, OKex, etc.), because I do arbitrage trading. I'm neutral when it comes to exchanges, not saying they're the best, etc. Not even Binance could convince me that they're the best despite its worldwide popularity.
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July 12, 2019, 01:32:18 PM
 #86

For some people, they thought binance is the best exchange for crypto trading. They prefer to trade in binance because they found there are many new coin list in binance and they are comfortable to trade in binance. For me, although I don't use binance actively, I feel that binance can fill what I need and I can trade and try to search a profit from many coins especially I can save more in the trading fee by using BNB as the fee.

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July 12, 2019, 01:46:14 PM
 #87

......
It is not the only exchange that is best. There are many exchanges that are also good like bittrex, kucoin and poloniex. The thing is, binance already had its name in this industry.

what about the other three exchange that you mention above? they also have thier names on this industry and infact some of them are first to gain popularity just before binance came out  but unfortunately binance surpass them . maybe because binance has something new or something good to offer that people dont find elsewhere .  in my case i can say that kuckoin is also a good exchange same as binance  .
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July 12, 2019, 03:05:22 PM
 #88

binance is still one of the best exchanges now, for crypto trading is still a recommendation, now binance provides good trading volume and extraordinary price increases compared to other exchanges. traders are like finding heaven to make a profit
Yes this is an open secret that Binance has been top exchange when it comes to the provision of great services in the crypto space. Everyone wants to have an account on Binance and this is because they feel safe and secure over the exchange. In addition, they can participate in great IEOs that are being conducted on Binance Launchpad so why not to be part of the great crypto group?
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July 12, 2019, 07:03:32 PM
 #89

My answer will be yeah Binance is the best crypto exchange. It’s just my opinion and I don't know about others people’s opinions. Binance has high security, good support, good interface, high volume, big numbers of users all around the world.         

Despite the latest hackers' attack, yes, I can say that it remains the best and the most trusted exchange. Naturally, sometimes I use other exchanges, not this one (the rates are the reason), but Binance in №1.
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July 12, 2019, 09:42:15 PM
 #90

Perhaps it is not the best exchange for trading, because everyone has completely different opinions. In addition to it, there are other good exchanges. But I'm fine with it. I trade on Binance most often.
Yep, we have a different opinion and wants but mostly market traders use Binance as they fell secured and getting satisfied with their services and make them say that Binance is the best exchanges for them. It is just like a voting system where huge numbers choosing Binance at top. But of course, it won't just stop like that, this Binance proves something also and in no doubts that people say that it is the best.
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July 12, 2019, 09:53:54 PM
 #91

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
very super and super. binance is the best exchange of all markets. binance is ranked number 1 of the many exchanges. all companies find it difficult to enter or sell tokens at binaries, the costs required are definitely expensive. if I have to answer your question. I want to review about IDAX and COINEAL exchanges. how do you think about that?

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July 13, 2019, 11:31:01 AM
Last edit: July 13, 2019, 11:41:15 AM by Soots
 #92

Binance is that the best exchange for crypto trading, attributable to their truthful treatment of everybody who deposited funds at their custody. Typically on times i have been doing trades with them, and it went great with no circumstances. The authentication lock feature made me feel secure and confident, with relation to funds deposit and withdrawal.
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July 13, 2019, 11:54:59 AM
 #93

Binance is surely the best Cryptocurrency exchange out there. It has been dominating the market for quite a while now. It has a wide user support and has listed many coins of users' choice. Its trading platform is easy to use and user friendly for beginners which has made it easy for new people to join the exchange. This has kept Binance in the top rank for the most of time. Cutsomer support is one essential thing that not many exchanges boast of. Binance has the lead in this criteria. To be honest Binance has been successfull in almost all the parts which makes an exchange a top class one which is why even after the binance hack people are still continuing using it.

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July 13, 2019, 01:43:45 PM
 #94

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!

[snip]

Thanks,
Shrimpy Team

At this moment yes binance is one of the most popular crypto exchange in crypto world. there are many point for that actually. on of the main reason traders trade there coin in binance too comfortably. they have some amazing tools that you have to clearly understand trading tricks. trust able and many facility also big thing that people want trade with binance. Binance coin means BNB also a big point to make binance the best exchange for crypto trading.
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July 13, 2019, 01:55:19 PM
 #95

Hm. Maybe. But we cannot judge the way books are covered, let us give our inference based upon the content that a certain exchange has. Yes, this is the time that binance takes over other cryptocurrency exchange. As a matter of fact, it is the most famous and used crypto exchange. I don`t say anything in binance because they make the way for their customers to get the highest service they want. But time will come, binance will go down as dynasties went down.

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July 16, 2019, 07:21:17 AM
 #96

I don't think it's the best since many competitors also offers same platforn as binance. But I am a loyal Binance user, it is mobile friendly and had an overall performance. My trading there is smooth with just enough transaction fees. I just doubt how secured it is now since there are multiple times Binance was hacked.
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July 16, 2019, 03:00:46 PM
 #97

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


Although I think the answer to this question is yes, I think it is important to determine which factors are made. There is a case that a service cannot necessarily be the best in all areas, because there are always some prominent services. For this reason, it is also important to evaluate the factors according to which. For example, Binance has always been a few steps ahead in terms of transaction volume, although it is variable for each user. However, better quality services have always been available, either in terms of ease of use or quality of service.
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July 18, 2019, 03:09:13 AM
 #98

If we are going to discuss it in terms of top exchange in the market, yes it is the best among top of the exchange in this filed of business.
Almost majority of the coins that has been listed to their platform are most of the time got increased its price value, and they also have a great volume of traders to their platform, so it is really the best and good one.
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July 18, 2019, 04:33:11 AM
 #99

Maybe, or maybe not.
I still prefer Bittrex, fees are lower and it is faster (in terms of deposits and withdrawals) But all the exchanges are the same.. the only thing that really matters is the volume.
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July 19, 2019, 07:51:53 AM
 #100

I am trading with binance for almost one and a half year I suppose, i cannot say that it is the best exchange or trading platform because most of us are trading and using different platforms and we surely have different experience and views. But for me it is a great cryptocurrency trading platform, since I was looking not only at its volume but also on its accessibility. I never had a hard time on trading with binance because I can access their platform through their android app. And it is also friendly for newbies who want to trade with the use of indicators.
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