Binance after Coinmarketcap

[trauchot]

I completely agree with you, if binance will buy coinmarketcap I hope scam exchanges and scam tokens will be removed from coinmarketcap and I hope cmc will not add anymore scam companies with scam tokens, I also hope that checking for any exchange or token will be very tough, we are already tired of looking at exchanges and tokens with billions of dollars volume, but in fact, volumes of such exchanges and tokens are a couple of dollars.

[Leonardo7]

Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.

[Malam90]

Binance is gradually doing dominance on cryptocurrency world. They are doing many contributions that is really appreciable. If Binance team take over coinmarketcap, it will be good for the good project. From CMC it is needed to remove many shitcoins, dead coins, fake volumes for the development of cryptocurrency.

[Lagduf]

Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.

If that was true and that must be the end for those crap exchange sites which always manipulated their volumes. We are not yet seeing any update from this rumour whether this acquisition is real or not.
I hope that we will see that in the coming days. Binance must create a clarification about this.

[criket]

Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.

I was confused when some exchanges with unclear volumes could be registered at CMC. of course, it makes a question as to the quality of CMC itself where the brand will publish any exchanges that can pay them even if they are new or even a scam. I hope what you say is the truth.

[Davian144]

Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.

Yes, it would be very good if there is accurate data for it, but it will not be easy to detect false data from some of the exchanges that you mentioned, even though the reputations of the trusts of the three exchanges are completely lost in everyone's eyes, because they always cheat on a large scale.

[awik p]

Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.

I was confused when some exchanges with unclear volumes could be registered at CMC. of course, it makes a question as to the quality of CMC itself where the brand will publish any exchanges that can pay them even if they are new or even a scam. I hope what you say is the truth.

it's hard for that, so we can see in Coinmarketcap there are thousands of registered altcoins. for now I think for projects that are willing to pay, it will be listed, but we can see that not many altcoins have good progress, and eventually disappear by themselves

[cahbagus555]

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

I think there will be a slight change in the appearance and presentation of the data on coinmarketcap if Binance buys it. CZ is one of the revolutionaries in developing the cryptocurrency community and maybe this is a sign that the cryptocurrency market is ready to rise again

[TheClownSong]

It's possible that if Binance buys a coin market, there won't be much change because most cryptocurrency investors are familiar with the look of the website that exists today. Until now, there is no clarity about why Binance bought the website but I think this is a strategic part of Binance's step

[SistaFista]

Where did you see such news ? because i haven't see the news about binance take control coinmarketcap.
Coinmarketcap now have volume displayed on 2 categories, by Adjusted Volume and by Reported Volume.
if a good team running coinmarketcap, then the statistic of the cryptocurrency on coinmarketcap should accurate.

[danherbias07]

Its an "if", there is a large percentage it won't happen. 

But if it does then I hope it will be fair.
I was once fooled by CMC expecting a large exchange for one of my token.
But as I go deep into researching why my coin suddenly went to the moon then I saw it in telegram group.
The token is already being swapped for 1000:1.
CMC didn't even looked at it. Those cases should not happen to avoid confusion.

[cassavachips]

CMC is a very large site and everyone visits it all the time to get references or check something they are looking for. If it is true that binance will buy cmc, of course it will definitely be used to benefit them too. On the other hand, expect cmc to be better and truly accurate and fair for all projects.

[SyndicateLabs]

CMC is a very large site and everyone visits it all the time to get references or check something they are looking for. If it is true that binance will buy cmc, of course it will definitely be used to benefit them too. On the other hand, expect cmc to be better and truly accurate and fair for all projects.

Certainly coinmarketcap will be better if Binance manages, but I'm not sure they will be transparent because they can do whatever they want. They will completely control this market and execute giant pumps, which is all the hypothesis that I can think of. And I hope it will never happen, we need a transparent market so that investors can trust in this market

[coinfinger]

I agree that binance is a huge team and they will definitely make a lot of things better, that is true. However, what you guys are forgetting that cmc does affect binance as well. So, let's say one day volume of binance starts to fall, do you really think they will show that? I mean we are basically talking about calculating how much binance is making right now if they tell you the truth, it is way too much data to breach if they get other places information as well.

All the above, binance will make it better but they will also not make it truthful, it will look better and feel better and be better but in reality it will be fake, which is why if cmc is purchased by binance I will stop using it, there are better alternatives anyway so I will simply move to them instead.

[barbara44]

Binance CEO is CZ and he is not taking over CMC if they buy it, I still think that deal will not go through and Binance will not buy it but even if they do, they will hire someone else to be the CEO because CMC is a huge company right now, we are talking about hundreds of millions of dollars and not some small garage built thing anymore, which is why I think they need a new CEO of their own and not a person who will manage two companies all at once.

Maybe binance should go with the route google did, right now they have a new company called alphabet and that company owns google but owns all other companies that google normally owns as well. Binance could create a new company that owns binance and owns cmc and owns any other company they want to purchase in the future and CZ will be the CEO of that one.

[holly.ball8]

It would be dream come true if Binance takes control of Coinmarketcap. Binance's long reputation is enough to maintain a transparent for exchange in volumes, liquidity,...

[Ken_terrance]

I have never believed that the metrics that pages rank 100% accurate, Pages all take metrics from exchanges, and the accuracy of the metrics depends on the honesty of the exchanges. Moreover, there is no guarantee that exchanges will not spend money to buy rankings.

You are very right but I want you to look at binance exchange for example, the requirements to hold IEO on binance is not for the small projects because I'm sure they can't afford it, if same thing happened to listing on coinmarketcap it will bring huge changes

[SaidNurs]

I think this is one way to expand crypto assets, where binance is superior starting from the resources and scope. This is a good way to eradicate cases that occurred in the previous year

[TWW]

I think this is one way to expand crypto assets, where binance is superior starting from the resources and scope. This is a good way to eradicate cases that occurred in the previous year

this is the politics and strategy of the binance to master crypto. I hope that the policies made later will not only be oriented to the binary platform. but being a CMC that provides real information is not a lie.

[Asuspawer09]

If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance

1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged

So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins

To be honest this is great news for a cryptocurrency community we know that a lot of users are probably trusting coinmarketcap but there are just too many things that are not right on the website as we all know.

On the other hand, we know that  Binance is already doing a great job this year since there are already so many developments done on their website. I think I would agree that Binance would do a better job in this website.