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Author Topic: What exchange is better than binance?  (Read 5798 times)
btc_love (OP)
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August 22, 2019, 04:00:44 PM
 #1

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about
Winscosinally
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August 22, 2019, 04:08:13 PM
 #2

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

Changelly is safer than binance because it works like a dex exchange,you don't need to own a profile or account on changelly to trade,you just have to send the amount requested and get credited to the address you dropped,its simple and safer but binance earn alot daily,getting bankrupt is way far from possible
Kecipir
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August 22, 2019, 04:23:54 PM
 #3

so far Binance can be considered a success as a whole because they offer good features and functions for its users. many traders continue to be optimistic about this service. Such as low cost, responsive exchange, and convenience. Binance has done a good job and it has been proven that the team can build a fairly good trading platform. after what happened at the time like a binance hacking platform, I think developers have made up for the flaws in their exchange because anyone doesn't want to fall into the same hole for the second time, including the binance company.
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August 22, 2019, 04:28:41 PM
 #4

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

Better is a relative. Binance is a balanced exchange but if you would go into specifics, you could have much better options than binance.
You should first make up your mind about what you want to do. If you require to just convert one coin to another, instant exchanges like shapshift, Chanelly and Fixedfloat can do it in lower fees. It's not just the trading fees, you also need to consider the withdrawal fees when you are using an exchange like binance.

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August 22, 2019, 04:37:27 PM
 #5

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

Hacking will not affect you. Anyway, there is a rumor that it was not a hack but a trader’s dressing for a very large number of BTC. There is nothing better than binance today. The point is his live auction. Unlike 90% of exchanges where bots trade.

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August 22, 2019, 04:47:43 PM
 #6

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about
Binance is a large and very reputable exchange, it is difficult for hackers to attack this exchange. I still often use Binance and find that it is very good.
In case you want to find another trading platform I can introduce you to the Huobi trading platform, currently Huobi is one of Binance's biggest competitors.


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Flux0z
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August 22, 2019, 04:48:35 PM
 #7

Binance has a LOT of dominance currently, but if you want to stay absolutely safe in the future, you gotta trade on a reliable DEX.

Most DEX solutions sucks ass, since they use Atomic Swaps to facilitate the trading, which takes way too much time compared to a centralized solution.
Day traders want instant trades, with as small of a fee as possible, and at the same time, wants to avoid KYC.

This is where Stakenet's Lightning DEX might take a huge lead in the future, since their Lighning DEX will be (unlike some of the other wannabe DEX solutions) completely decentralized

The concept is unique, since you make the masternodes host all the chains on DEX, this makes running a masternode slightly more expensive compared to your normal VPS, however it benefits the consumer who wants to USE the DEX. Why?

1) You DON'T need to sync with the DEX (Since the DEX is synced by the masternodes running at all times)
2) Near instant transactions between lightning compatible coins
3) Extremely low fees if you trade over lightning
4) NO KYC
5) NO Registration Process

This is just 1 dApp running on this eco-system. They built a multi currency lightning wallet as well, with 1-click lightning swaps, and TOR-integration, which is currently in BETA testing. Available soon for Android/IOS/Desktop.

Do your own research, however this has the best chance of becoming the industry standard later on, for sure!
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August 22, 2019, 04:55:51 PM
 #8

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about
If you are worrying about hack fund and database then I can say any internet system isn't safe by the way. And then you shouldn't trust any centralized exchanges who are asking for KYC verification. Decentralized exchange will never ask your personal details and for that reason it is safe. However, any exchange do not want to lose their reputation and they are trying their best to keep save user data. But fortunately hackers/scammers are more smarter than us. Incidents could happen any time even there is no guarantee for our life.

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August 22, 2019, 04:57:31 PM
 #9

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

You are the only guy who posted that, I don't think they will go bankrupt because there are attacks on their platform, they have already addressed this issue, and it's not something to be alarm. Binance is as strong as ever they have introduced a lot of innovation and they have enough funds to employ the best security
If you are looking for options there are a lot of good exchange like kucoin, livecoin, and Eterbase

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August 22, 2019, 04:58:04 PM
 #10

Currently, binance is still the best because they are the biggest in trading volume and also there is no exchange that is safest from hacker attacks because if the exchange already has a large trading volume then hacker will target it. Small exchange will be ignored by hacker
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August 22, 2019, 05:05:29 PM
 #11

To me, Binance is the best exchange, so there is no better exchange than Binance. But yes, Bunance security is not strong enough, though hackings will not affect on user's data. You may trade in Gateio, Poloniex, Bitfinex exchange, these exchanges are safe enough and trusted too.

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August 22, 2019, 05:13:56 PM
 #12

Yes, there are a lot of exchangers. The easiest way to find a high-grade exchanger (visit CMC). There is all the necessary information about cryptocurrency exchanges. You can choose a decent replacement if you need it.
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August 22, 2019, 05:15:37 PM
 #13

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

besides binance, I usually use OKEx. but I don't think it's that easy to go bankrupt. they will still solve the problem. so that's why I still use Binance for trading.

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DigitalAssetInvestor1
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August 22, 2019, 08:24:15 PM
 #14

I trade on ecxx. They are based in Singapore (the Switzerland of Asia), are backed by a 44 million dollar funding round, and use Ledger Vault cold storage. I don't think anything else comes close.
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August 22, 2019, 09:25:27 PM
 #15

Lol, anyways anything can happen but ideally if Binance isn't lying to us about their SAFU funds/wallets then i think it will be difficult for them to go bankrupt. Nevertheless, you should also know that all crypto exchanges possess similar risks. Just make sure you don't leave very large amounts of your money at exchanges.

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August 22, 2019, 09:39:10 PM
 #16

I don't really know which exchange is the best or whatever. The only thing that interest me is to be able to sell the coins at an exchange with a volume of exchange which is enough for the number of coins i want to trade. I am a small coins holder, so it doesn't have a big importance to have a very fast exchange. Slower exchanges sometime are better as you can anticipate the price movement and you have more time to take a decision. But if you are a professional day trader, a fast exchange is surely important.
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August 22, 2019, 10:24:35 PM
 #17

I dont think BINANCE will go bankcrupt anytime or sooner.
With the hacking happened before, i think it is much safer to deal with them.
They are now better and much secured. Every exchange has their own weakness what is good with BINANCE they learned their lesson.
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August 22, 2019, 10:58:38 PM
 #18

I have used various exchanges but I haven't seen one that is better than Binance. Their interface is better and much simpler to use, and they have more trading pairs than any other exchange.

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August 22, 2019, 11:44:29 PM
 #19

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about



Do not scared yourself just relax and be calm, that hacking attack plan I think the binnace team is ready for this situation and they create full security system to protect the exchange
By the way there's a lot of trusted excahnge same from almost same from binance easy and hacpve fair transaxtion feees for example is poloniex.
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August 22, 2019, 11:47:41 PM
 #20

I think that Binance will go bankrupt soon because if hacker attacks and scandals with users database. That is why I want to know what exchange is better to use. I know that changelly is good, but I don't know about them a lot/ Do you know it? What do you think about

It is hard to see binance going bankrupt but who know? Anything can happen in this crazy world of cryptocurrency. If you are scared of hackers stealing your private data and your funds, then you should consider using a decentralized exchange more. So I will recommend idex for this.

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