Now Binance owns CMC! A Red alert for all the shit Exchanges!

[ElmedoRator]

There is none certainty yet of this. But I will be glad if thats the case since Binance is a good platform, having them as the owner will surely make a lot of improvements on the CMC.

It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.

They are actuallt doing all the marketing stuff that they know works on their favor. I dont find any funny thoughts about the matter. They have money, they have resources, ans as far as I know all acquired property of Binance has been improved. Check out trust wallet, and wazirX, I think CMC is lucky already with the amount CZ offered.

Agree with you, coinmarketcap is the next lucky one in this market. Take a look at other projects, like the Trust wallet ... It all became huge when binance managed them, so coinmarketcap will certainly become great in the future. I want to see the real volume in coinmarketcap and remove all altcoin scams

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[bitkanu]

It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.

Yeah, you got it! Binance never stopped marketing, because this CMC dealing seems a marketing strategy! At the beginning of this month, I thought Binance is losing its popularity, most of the Binance chained coins was migrating into other chains, Binance DEX had shitty low volume! Then Binance came with many plans! Binance cloud, several National currency pair for trading, Leverage tradings and so on and now they acquiring the very well known Coinmatketcap! So, Binance again become a competitor less the number one crypto project!

Finally, CMC has already acquired by binance and it's very interesting to see what will be going on with those crap exchange sites. CMC will not again show manipulated data
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

Goodbye scam exchanges. 

[rexxarofmoknathal]

There is none certainty yet of this. But I will be glad if thats the case since Binance is a good platform, having them as the owner will surely make a lot of improvements on the CMC.

It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.

They are actuallt doing all the marketing stuff that they know works on their favor. I dont find any funny thoughts about the matter. They have money, they have resources, ans as far as I know all acquired property of Binance has been improved. Check out trust wallet, and wazirX, I think CMC is lucky already with the amount CZ offered.

Agree with you, coinmarketcap is the next lucky one in this market. Take a look at other projects, like the Trust wallet ... It all became huge when binance managed them, so coinmarketcap will certainly become great in the future. I want to see the real volume in coinmarketcap and remove all altcoin scams

Yup, completion of this move by Binance will sure clear up a lot of crappy exchanges that exist only to rip people off. The success Binance has developed over the years with its strategic plans may well be implemented across this new big addition and if that's the case then we shall all expect higher and better quality exchanges 

[Mulann2]

Yelp, shit exchange and shit project should be aware, Binance won't list any trash just because..... this is an indirect warning to all the existing and aspiring shit project out there
If you don't have any reasonable objective in your project,  don't expect to get list just by creating shit, only potential will strive this time, let's see if all top 50 exchanges will still remain top 50 when cmc is fully taken over by Binance  

[bassbity]

Finally, CMC has already acquired by binance and it's very interesting to see what will be going on with those crap exchange sites. CMC will not again show manipulated data
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

Goodbye scam exchanges. 

I am glad to hear that Binance has acquired CMC to eradicate fake exchanges which are still at the top with this news. This will certainly make it even better for CMC because I am sure that dead tokens or tokens with bot volumes will be added. stay away because for them it's useless junk coins so it's better for CMC

Look forward to the fate of the low exchange p2pb2b, coinsbit, and other low exchanges.

[forexandcryptoauditor]

This is great news. Whenever the acquisition will be done 100%, I think Binance will start validating the coins listed on coinmarketcap. Binance has already shown its work delisting many coins due to not fulfilling conditions or violating its regulations and gained the trust of its users. It is very important now for Binance to keep coinmarketcap at the same level.
Users and the entire crypto market will surely get benefited from this.

[semobo]

Binance is really a good exchange and there is no doubt with that but we can't say that they will follow the same things with coinmarketcap as well because its just a coin tracker as of now.But they might have some plans to make more money from CMC so they will ask high fees for a project to get listed.

[lobo13hf]

Binance is really a good exchange and there is no doubt with that but we can't say that they will follow the same things with coinmarketcap as well because its just a coin tracker as of now.But they might have some plans to make more money from CMC so they will ask high fees for a project to get listed.

Binance will never try to follow what already did by CMC in the past. The old CMC owner has been getting a big money to keep his live as the new millionaires. As far as i know if he was getting hundreds million dollars. That's a crazy amount for just only a single site that shows the regular marketcap of crypto.

[Farma]

as far as I know, the binance team is very professional. if they really are going to take care of CMC, I think CMC will be a very trusted place. however, so many problems are accepted by binance, but they are solved professionally. if CMC has the same management, I think I will only see CMC as a reference for choosing a place of exchange or coins.

[South Park]

Binance never compromised with their reputation. This exchange got hacked several times but they protected the users' funds, so, no one left the Binance exchange!
A lot of people stopped looking at Coinmarketcap, as they did nothing against faked volume exchanges/tokens! Rather most of the shit exchanges are available in the top rank!
Even a shit exchange called Tagz climbed up to the first rank, now their volume likely zero! I did not participate in Tagz bounty, because it looked shit at first sight!

So, now, as Binance owns the CMC, so, they will rank up only the real volumed exchanges like Bittrex, Kucoin, Poloniex, Kraken and so on! And exchanges like Hotbit, Coinsbit, Bilaxy will go as low rank as they deserved, all of their fake volumes will be washed out! So, I am very much happy now! I made a couple of threads against these fake exchanges and CMC's silent habit against scam exchange! Now, we are gonna see what we asked for!

I believe from now the crypto market will have less negativity, less scam exchange and tokens. What do you think guys about it? Am I expecting too much or its okay?

The fake volume was the main reason why I stopped using coinmarketcap, they did nothing to combat that issue and exchanges that I have never heard about were at the top of the list when it came to volume and anyone that knew a thing or two about the leading exchanges in this market knew the list was fake, and while there is no guarantee they will take actions to filter the results now that binance owns coinmarketcap at the same time I cannot imagine why they should not do it since it will be advantageous for them and the community.

[semobo]

Binance is really a good exchange and there is no doubt with that but we can't say that they will follow the same things with coinmarketcap as well because its just a coin tracker as of now.But they might have some plans to make more money from CMC so they will ask high fees for a project to get listed.

Binance will never try to follow what already did by CMC in the past. The old CMC owner has been getting a big money to keep his live as the new millionaires. As far as i know if he was getting hundreds million dollars. That's a crazy amount for just only a single site that shows the regular marketcap of crypto.

Binance spend $400 million dollars to buy CMC so its not like a regular website so if binance spending lot of money on it means they are going to make more money from CMC than before,right.

[Vishnu.Reang]

Binance is really a good exchange and there is no doubt with that but we can't say that they will follow the same things with coinmarketcap as well because its just a coin tracker as of now.But they might have some plans to make more money from CMC so they will ask high fees for a project to get listed.

Binance will never try to follow what already did by CMC in the past. The old CMC owner has been getting a big money to keep his live as the new millionaires. As far as i know if he was getting hundreds million dollars. That's a crazy amount for just only a single site that shows the regular marketcap of crypto.

Yes.. the deal was worth $400 million. And that means that the original owner of coinmarketcap is getting filthy rich. But I smell something fishy here. Why would Binance pay such a huge amount, for this website? I heard that it is a combined cash+stock deal, but even then such a huge amount sounds excessive to me. That is unless Binance has some shady intentions on what they are going to do with CMC.

[aioc]

I don't really trust a lot of news right now but this seems legitimate one as CoinDesk as well as CoinGape mentioned the same news. Although I don't really look solely in the trading volume of exchange, it seems that it can help our traders to find more reliable exchange that is surely aren't faked.
If there's only April Fools that I can remember from CMC, it would be just the Toilet Paper Token. 

With Binance owning Coinmarketcap, we will only see coins with good volume in their listing and we will see the real volume and of course expect to see Binance to always on top of the list since they own Coinmarketcap now, I prefer Coingecko because they include even new coins as long as there is at least one exchange that lists the token even if there is no volume.

[Mianae]

If CMC is worth this much now, why will the owners want to sell it? Won't it be worth more when cryptocurrency adoption gains more grounds? Let's see if this was an April fools prank or its a real deal.

[layer1gfx]

if you think about it.

a centralized exchange is buying a website listing most coins and other exchanges...
so where is this not benefiting them if they can now manipulate or even delete all info regarding their competitors?

is that what we need and should celebrate?

i am wondering where this is heading.

edit: now reading the official statements:
https://blog.coinmarketcap.com/2020/04/02/a-letter-to-our-users-post-acquisition/

[cabron]

It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.

Yeah, you got it! Binance never stopped marketing, because this CMC dealing seems a marketing strategy! At the beginning of this month, I thought Binance is losing its popularity, most of the Binance chained coins was migrating into other chains, Binance DEX had shitty low volume! Then Binance came with many plans! Binance cloud, several National currency pair for trading, Leverage tradings and so on and now they acquiring the very well known Coinmatketcap! So, Binance again become a competitor less the number one crypto project!

Finally, CMC has already acquired by binance and it's very interesting to see what will be going on with those crap exchange sites. CMC will not again show manipulated data
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

Goodbye scam exchanges. 

Well finally. It gets there. CMC is offered that much. Whoever owns its has gotta be richer by doing a crappy ranking site but when binance will take over it, its going to get better. Probably delisting all those exchanges that doesn't deserved to be there. At least we can now assume there is a light.

Do you think there is also eyeing for coingecko? 

[eaLiTy]

Binance never compromised with their reputation. This exchange got hacked several times but they protected the users' funds, so, no one left the Binance exchange!

When CZ thought about a roll back for the BTCitcoin network when there is hack because of their incapability, how on earth would you trust them, if there is an exchange which got hacked several times then it is time to avoid them because there is no guarantee that they will shut down eventually .

A lot of people stopped looking at Coinmarketcap, as they did nothing against faked volume exchanges/tokens! Rather most of the shit exchanges are available in the top rank!
Even a shit exchange called Tagz climbed up to the first rank, now their volume likely zero! I did not participate in Tagz bounty, because it looked shit at first sight!

Why is it so sure that they will clean up everything, the fake volumes are not created by CMC itself, they are just showing the volume provided by the exchange
 

I believe from now the crypto market will have less negativity, less scam exchange and tokens. What do you think guys about it? Am I expecting too much or its okay?

What does the scam market has to do anything with the purchase of CMC by binance. You are expecting too much here  .

[xiboothrezi]

Has the transaction already done? I have seen some news about that but it's speculation only from someone. It's very interesting to know more about how the result of this news.
CMC will be cleaned from so many scam coins. I like that about how binance will bring CMC into the right way

Yes this has been officially announced, you can read the full information at Binance x CoinMarketCap: Joining Forces to Make Crypto More Accessible Worldwide
Coinmarketcap is a popular cryptocurrency data tracking site and Binance is a trusted market leader with large trading volumes. The combination of the two will form a very unique niche. Binance is very ambitious and innovative in the crypto world, many niches are touched, there is Binance US, then expanding its network in India through wazirx. Truly totality in the development of potential ecosystems.

[Hellkas]

I hope that it will be positive step to better crypto future. Such companies like Binance make crypto sphere simple for new users and more acceptable for old common crypto man. Now shitcoins and scam exchange will be more spreading in the Internet

[bbc.reporter]

It's funny that Binance, as always, finds the next marketing moves that would not only stay afloat, but also bypass its competitors in popularity.
Around the crisis, and the exchange is going to spend a huge amount on the purchase. It is interesting.

Yeah, you got it! Binance never stopped marketing, because this CMC dealing seems a marketing strategy! At the beginning of this month, I thought Binance is losing its popularity, most of the Binance chained coins was migrating into other chains, Binance DEX had shitty low volume! Then Binance came with many plans! Binance cloud, several National currency pair for trading, Leverage tradings and so on and now they acquiring the very well known Coinmatketcap! So, Binance again become a competitor less the number one crypto project!

Finally, CMC has already acquired by binance and it's very interesting to see what will be going on with those crap exchange sites. CMC will not again show manipulated data
https://www.binance.com/en/blog/421499824684900494/Binance-x-CoinMarketCap-Joining-Forces-to-Make-Crypto-More-Accessible-Worldwide

Goodbye scam exchanges.  

Well finally. It gets there. CMC is offered that much. Whoever owns its has gotta be richer by doing a crappy ranking site but when binance will take over it, its going to get better. Probably delisting all those exchanges that doesn't deserved to be there. At least we can now assume there is a light.

Do you think there is also eyeing for coingecko?  

The skeptical me thinks that Binance will delist some of those exchanges for a different type of reason hehehehe.

In any case, I reckon Changpeng Zhao's best friend will be eyeing coingecko hehe.