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Author Topic: What exchange is better than binance?  (Read 5752 times)
Suharti12
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August 22, 2019, 11:57:19 PM
 #21

Binance is the biggest exchange at the moment, but unfortunately they have now become the target of hackers.  For this reason, many Binance members are worried.  You can try trading on DigiFinex, BitForex, Indodax and BittreX exchanges.  I have never heard of these exchanges getting attacked by hackers, maybe it's safer than Binance.

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August 23, 2019, 04:16:26 AM
 #22

Binance has good records when it comes to secured and smooth transactions. It has also got high volumes and liquidity which facilitates trading on the platform, however, Bitrue is one exchange platform emerging gradually with great potentials. Its security is unparalleled although it got hacked recently. Investors and users of the Bitrue exchange platform are insured hence will get repaid in case accounts and funds are hacked.
This is what caused the Binance CEO, Changpeng Zhao to congratulate Bitrue. https://berminal.com/news/all/128275/Binances-CZ-announces-antifraud-system-as-community-praises-Bitrues-response-to-hack
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August 23, 2019, 07:33:24 AM
 #23

Many exchanges are better than binance, for example like bitforex, bittrex, kucoin, and many others, you can see exchanges that have a rating on the coinmarketcap site, because exchanges that have been registered on the site I feel are very safe to use, and here I am not discuss about hacker attacks and scandals that have occurred in the binary exchange.

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August 23, 2019, 07:37:43 AM
 #24

Many exchanges are better than binance, for example like bitforex, bittrex, kucoin, and many others, you can see exchanges that have a rating on the coinmarketcap site, because exchanges that have been registered on the site I feel are very safe to use, and here I am not discuss about hacker attacks and scandals that have occurred in the binary exchange.

There are several exchanges that you can really put in a category that are better than in binance. Like for instance, if you have a coin to trade with and that coin is not listed in BNB, what will you do? Obviously, you will use the exchange where it is currently listed, right? So where is the BNB in that picture? BNB can't cater all the needs of crypto users, they have limitations also. And I guess, not all users are comfortable using their exchange.
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August 23, 2019, 07:50:35 AM
 #25

if I believe that binance is also a very large exchange, then I think binance will also be difficult to go bankrupt at that time, because I believe binance is also a good choice for me to use trading every day.
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August 23, 2019, 08:19:29 AM
 #26

The second biggest one is Coinbase, tgey offer buying cryptocurrencies with a creditcard but I think that they have pretty high fees. Also I love the Coinbase earn program where you can get some free coins.  Wink

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August 23, 2019, 08:21:23 AM
 #27

There's no way that Binance can be bankrupt by just one single hack because they have a counter-strategy about that thing they can use their own funds to recover the loss of their clients.

Other exchanges don't have this kind of thing, if they got hacked then they will have a hard time to recover and mostly they will go bankrupt.

Binance, on the other hand, is the current No. 1 exchange as of this moment, they have more security because more hacker will go on their way.
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August 23, 2019, 08:40:16 AM
 #28

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.
agree with this argument. a long time ago, the internet has become one place that is very suitable for hackers who have an extraordinary ability to hack or penetrate the defense of the security system. In fact, binance is one of the targets. it's just that the team of binance is very professional in dealing with this, so I don't think binance will go bankrupt when they are still trying to develop. besides that, there are quite a lot of exchangers out there who have the same potential as binance, like huobi, and those mentioned above.

You are free to choose any exchanger that you like, but so far, I might stick to binance, because it's still very valuable, besides, there is no guarantee that the other exchanger is safe from hacker attacks. when binance has gone bankrupt because of a hacker attack, there is a possibility that it also has the potential for others.

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August 23, 2019, 08:40:42 AM
 #29

If you are looking for a more reliable and balanced exchange you wont get a answer than binance exchange itself,there are few other strong exchanges like huobi and coinbase but not enough reputation like that of binance on my own list,after binance i will pick coinbase but for now binance triumph over other exchanges even withstanding recent hacks defined how strong the exchange is.

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August 23, 2019, 09:19:33 AM
 #30

Why are you too afraid of the hacker issue? hackers will not be able to enter without the mistakes of their victims. Changelly is the best alternative for exchanges because there you don't need to create an account anymore. Very simple and safe I think.
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August 23, 2019, 09:37:09 AM
 #31

I like the Bittrex and Poloniex exchanges. True, at the last (at Poloniex) now the trading volume is not very large.
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August 23, 2019, 09:37:39 AM
 #32

Depends on your taste. I doubt that Binance will bankrupt anytime soon because of how big it is. It's one of the biggest so it might even prosper in the future. If you are unsure about Binance because of the happenings lately, try Kucoin. It's a big exchange with big volume. If you want a decentralized exchange, maybe try Bisq. If KYC's not a problem for you, Poloniex is another big exchange.
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August 23, 2019, 10:09:58 AM
 #33

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 already too big for this, they will not just go down because of the hacker attacks and the gossip about database leak, if a big exchange like Binance cannot handle this kind of situation, what more for smaller exchanges.
Exchange business will be ruin.

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August 23, 2019, 10:15:42 AM
 #34

Now I see Binance is the best deal today and I am using and trading on it, although not all 100% of coins are there, but for me it is fine, and other exchanges I'm also learning more thank you for giving me advice about Chanelly.

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August 23, 2019, 10:28:55 AM
 #35

Binance is No.1 Exchange of the world and growing day by day, as previously some funds were hacked by hacker and Binance was paid from SAFU, everything is possible but there is no chance to bankrupt of Binance, if you want to change or try another exchange than you can use idax.pro that is good and growing exchange. 

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August 23, 2019, 10:40:52 AM
 #36

crypto.com is a good exchange app
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August 23, 2019, 11:31:01 AM
 #37

There are some good exchanges out there but the most important thing about an exchange is volume. And currently there are no other exchange like binance in that manner.

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August 23, 2019, 12:20:42 PM
 #38

Maybe many people here have their favorite exchanges. There are better exchanges from Binance, of course, only me from all the exchanges that Binance always provides the best service and innovation. Nothing wrong with them being an exchange that has a large & real volume.

If talking about hackers, surely every exchange will experience this. if the security system is weak, so hackers will look for exchanges that have weak security.
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August 23, 2019, 12:30:21 PM
 #39

I have used many exchanges but I don't think I can say anyone is relatively better than Binance, it is well designed and secured even though we have had about hacker's attacking Binance but they have taken precautions. If they can temper with Binance that means no exchange is safe. With how token developers rush and pay to be listed on Binance is a clear evidence that they are the best. Though this is my own opinion.
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August 23, 2019, 12:35:13 PM
 #40

I have been using binance exchange for a long time, because I feel very comfortable being there and I think everyone has their own favorite exchange which they find convenient and easy to use. for me binance is my favorite exchange, i like to trade there and also the costs are low.

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