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Author Topic: What exchange is better than binance?  (Read 5752 times)
Cherylstar86
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August 23, 2019, 10:09:31 PM
 #61

This is really a tough question because we all know what lies within Binance, I mean the services and growth. Binance is an exchange that believes it can touch all countries and as such is doing so. Thereby asking the exchange which will be better than Binance is a tough question, but if am to answer I will say Okex. Reason is the way Okex interface with Coinall, so if it can continue in such trend, it could stand a chance.

On my previous trades with binance, it was really great and successful so I can't find another exchange that could have good capability to ensure trading. There's no lies with binance, rather it provided a lot of more positive experience to all traders who happen to do transactions on them.
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August 23, 2019, 10:11:58 PM
 #62

I can't say if its better than Binance, but I like KuCoin becasue of its community and profit-sharing model. Okex or Huobi could be the top competitor of Binance, but always remember each exchange has some individual pros and cons. So you really can't judge them.
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August 23, 2019, 10:14:40 PM
 #63

I don't know how you have came up with this opinion that Binance someday will go bankrupt which is far from most thought. It never came to my mind that someday Binance will go bankrupt, if they will then those first popular exchanges before should share the same fate because a new exchange has taken over the market.

But no, they still operate up to day.
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August 23, 2019, 11:43:33 PM
Last edit: August 24, 2019, 12:03:54 AM by PuertoLibre
 #64

The fees are important to choose the best exchange. Binance has made a great job with the implementation of the IEOs. The withdrawal fees comparison is good tool for checking the legit exchanges. I don't think the Bittrex will make a comeback after the lost reputation, the new decentralized exchanges will be the future of the swapping altcoins in my view.
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August 23, 2019, 11:53:55 PM
 #65

In my opinion binance will not go bankrupt as you said, because binance has been established for a long time and if there are pros and cons it can, because all excharges have their weaknesses and strengths, even though there are many rivals I prefer to use binance.
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August 24, 2019, 12:19:23 AM
 #66

Well, we must be selective and careful in reading news. Further development updates through social media and official Binance support. Sometimes rumors do scare us, but that is the risk ..
Until now Binance remains the best in my opinion. Its innovation and marketing strategy in forming a network is the best, the proof is the high price of BNB. Another alternative is Okex.

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August 24, 2019, 01:36:58 AM
 #67

I think Binance is the best for volume and total active user now, it also make binance is the best exchanger for cryptocurrency trading now. I think scandal about database leak will be solved soon and Binance not gonna be bankrupt in near future
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August 24, 2019, 01:42:51 AM
 #68

Binance is a good exchange, in my opinion and that explains why it's been ontop for a while now. I understand that there has been some set backs lately as a result of security breaches, but I believe that the team are working to put things in order.
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August 24, 2019, 02:26:03 AM
 #69

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

I think we cannot compare each exchange because each exchange has the advantage and the disadvantage. The important is we could feel comfortable to trade in the exchange, and we don't have a problem with the exchange, then that will be the better exchange for us. But to find out which the exchanges that will be better to us is difficult because we need to signs up on every exchange. We need to try to trade to see how good the process so then we can decide to select the exchange. Binance is one of the best exchange so far. And many traders choose binance as their favorite, but the other people will have their favorite exchange too besides binance.

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August 24, 2019, 02:57:09 AM
 #70

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
The revealed event of the KYC of last 24th was only FUD. FUD has actually been around for a long time but they want to repeat it to make the price of BNB decrease.
Don't worry about Binance's security system, they always get the best security system.

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August 24, 2019, 03:17:27 AM
 #71

Well, it is all about preference. Different traders may choose different exchanges as their favorites due to features presented by an exchange platform that may suit their preference. A trader may choose Binance because of volume whereas one may choose Kucoin or Coinbene because of low fees. One may also choose Bitrue because of insurance, fast transactions and low fees.
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August 24, 2019, 03:54:52 AM
 #72

Binance will go bankrupt soon? I don't think so, many traders still use binance after that incident, seems traders don't care and they continue trading. If you think changelly is a good exchange then it's up to you if you like to use that exchange, I never heard that before looks like it's a new exchange to me. If you need my suggestion which is good exchange then I suggest bitforex or kucoin.   

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August 24, 2019, 05:03:12 AM
 #73

I think, Binance is a fairly popular and quality exchange, it's just that there was an incident that made the members takun to save their funds there because of hacking, but so far Binance has been able to give the best for its members, it all depends on your decision which one more precise.

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August 24, 2019, 06:49:12 AM
 #74

Being hacked isnt their obviously want but such an incident is sometime inevitable. You cant say Binance will go bankrupt just like that due to lack of proper security. Binance known as a top exchange could be number 1 in terms of popularity amongst all exchanges but there are also good exchange aside from it. Bitfinex, Kucoin, Okex and other major exchanges also can rival them but as I compared it. Binance has actually a good UI and friendly user for traders. Even though their hacked multiple times people still uses it unlike other exchanges cant handle those incident and no choice but to close.
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August 24, 2019, 07:13:39 AM
 #75

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 can use bittrex or kucoin mate,, if you don't believe with binance anymore
but, for me now binance still become the best exchange platform in crypto world
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August 24, 2019, 07:57:53 AM
 #76

The bankrupt of the binance exchange site is not preditable (right now) it may possible in the future but no one know about that. The database scandal is a fake news and you should watch the latest clarrification that has already made by binance and CZ.
Kucoin, okex may become alternative exchange sites for binance but about this opinion must be based on the personal opinion consider about this must be taken from the personal experience with that exchange site.
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August 24, 2019, 08:21:54 AM
 #77

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 can use bittrex or kucoin mate,, if you don't believe with binance anymore
but, for me now binance still become the best exchange platform in crypto world

I think kucoin will be good for him or he can use both bittrex and kucoin together. I am sure that he needs to try one by one of the exchanges so he can select what the exchanges that suit to trade. I think it is not too difficult to choose the exchanges because he only needs to find what he wants and if he has two exchanges which he always uses, then it is good because he will have a chance to make a profit from both exchanges.

But again, it is all about the feeling that will make him satisfy to trade in the exchange, so he needs to search with care.
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August 24, 2019, 09:01:19 AM
 #78

Well, we must be selective and careful in reading news. Further development updates through social media and official Binance support. Sometimes rumors do scare us, but that is the risk ..
Until now Binance remains the best in my opinion. Its innovation and marketing strategy in forming a network is the best, the proof is the high price of BNB. Another alternative is Okex.
Lol yeah he thinks based on recent security breach , KYC breach it would easily take them down to the ground and completely bankrupt , what kind logic is e used  Cheesy .
They are indeed losing some credibility and trust after these incidents but still it won't make them to shut down for many reasons.

There's a lot of factor on what you call as a better or best exchange and for now binance is the most popular due how they manage the trade fee, customer service, listing fee, mobile app platform etc to the next level even though they are new .. yeah they started the business two years ago but how they develop things in great way they are on top now.
We might see an exchange with high volume like okex,  digifinex , huobi , coinbene but faking their volume according to some analytic firm such as messari.

Binance is still the top one but if you uncomfortable to use them anymore well there's bitfinex, poloniex, kraken and bitstamp on my list.

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August 24, 2019, 10:22:03 AM
 #79

Being hacked isnt their obviously want but such an incident is sometime inevitable. You cant say Binance will go bankrupt just like that due to lack of proper security. Binance known as a top exchange could be number 1 in terms of popularity amongst all exchanges but there are also good exchange aside from it. Bitfinex, Kucoin, Okex and other major exchanges also can rival them but as I compared it. Binance has actually a good UI and friendly user for traders. Even though their hacked multiple times people still uses it unlike other exchanges cant handle those incident and no choice but to close.
Binance hack that occured in fast few months are too small compare to what Binance have. We all know that hacker/s was/were able to hack only the hot wallet thtough getting the key from the API which is quite questionable how does it even be possible since we should assume that it's encrypted. Because of this incident, Binance will surely taking care of their hot wallets better than before. Crypto hacking is indeed inevitable but also avoidable. This is why storing most of exchanger's funds in a cold wallet is very important. Exchanger's owner should be too careful whom he trust with the acess.
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August 24, 2019, 10:33:30 AM
 #80

When you talk about better, then my question is, in what aspect because different exchange with different advantages and disadvantages, it is now depend on the user to chose which is best for him or her at that moment.
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