Why we trust binance exchange?

[Golftech]

There is no hesitation to say that Binance is the crypto leader exchange and it is the most secured exchange ever. I haven't seen such security in other exchanges like Binance. There are high volume in BTC or altcoins. They are doing many improvemental activities for the crypto expansion that we have seen recently in Africa. Binance launchpad is the most attractive to the investors now.

Binance launchpad really attracts more investors, each time they've open an ieo lots of traders and investors are willing to participates, more people are trusting this exchange as they've already established reputation and with how they've handled customers and each hacked that's been take place they've provide security for the traders assets.

[istiak2277]

I think all three are right. I mostly use this exchange for their super active and fast support and low transaction fees. Also, they offer various types of contests to earn some money also. This exchange is heavily used and most of the coin and token has a large volume of the order on both side. So I can use this exchange anytime. They have a very strong security to protect user funds.

[StatesManG]

Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?


    What is your opinion? Drop your experiences & Opinion?

in my opinion, it's not about the security or the best ieo launcher. but the high volume ut could generate for the altcoins because this shows that it has well enough big investors and traders. also, it has a standby fund called WAFU in case of hack and loss of funds they can pay its users back. they have built a trusted environment.

[hulla]

The most important thing is that the volume there is very high compared to other Exchange, the coins enter on Binance Exchange must come from a clear and good project. Shitcoin cannot enter there because the Binance Team applies difficult conditions for listing a token.

Have you heard about $BEAR and $BULL tokens on Binance ? Binance introduced these tokens about few months ago, people traded them, but then Binance delisted them. Some traders had lost a lot of money because of that. Take a look on few article about it:

https://medium.com/@ashcash_/scam-binance-7bcaa41482
https://medium.com/@ashcash_/scam-on-binance-bull-bear-part-2-9c85996e13ed (second part)

To sum up - Binance listed shittoken, gain profit from traders, delisted it.

Thank you for pointing this thing out and there IEOs either is not profitable as most people. It will be better if people dont have total confidence in an exchange site due to the SAFU they introduced which was just to win over crypto traders and I hope people will turn back to the old saying of never trust much on exchange site and do keep the amount you cant afford to lose on exchange site.

[103deltafox]

There are so many reasons to like binance, one of such is the volume it has, so many traders like trading where there is volume, also the security of the exchange is cool, also it has an say to use interface, there lots of things why binance has been keeping up.when there is an issue, the support attends swiftly.

[HunterUnchained]

Binance is reputable as a result of its continuous innovations and growth heralding in major break throughs and acquisitions as well as expansion. Binance boasts of over 1000 employees worldwide with a physical presence in several countries. Also, binance is worth a lot of money making uses of the platform much more confident in the platform. Also, the CEO is well recognized in the industry and this makes his brand (binance) one of the assets that he truly cherishes meaning, he will do anything to preserve it. Binance has been constantly upgrading its security features to withstand hacks and all sorts of attacks.

[Valzador]

Do not trust any exchange, there is no guarantee that the exchange that you trust will be safe forever from hacking actions, you better save a little money on the exchange, to prevent events that you do not expect.

[DabsPoorVersion]

   What is your opinion? Drop your experiences & Opinion?

Aside from it is the biggest exchange, it is also one of the oldest.

We trust binance exchange because it already proves that it is trustworthy. What we(users) are looking for is an exchange that can bring satisfaction and high security to exchange our crypto. Binance provides it and its users are really satisfied.  

[beveryu778]

Do not trust any exchange, there is no guarantee that the exchange that you trust will be safe forever from hacking actions, you better save a little money on the exchange, to prevent events that you do not expect.

I do agree with you, we cannot rely or trust on any exchange because you never know when will what happens and that's why we need to be more careful towards it. Nowadays we see oftentime many hacking attacks happen and because of that we always have to remember one thing to not put all our eggs in one basket.

[Shallow]

Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?


    What is your opinion? Drop your experiences & Opinion?

I will state my own opinion from what I have seen and experienced so far.
Binance exchange have good trading features and tools such as stop loss etc. The mobile app is more advanced than others, easily accessible and user-friendly. It also supports a lot of fiat currencies thus contributing in making crypto easily accessible while leading to mass adoption as well. Also, your points are good and correct but in terms of security, I find it hard trusting any exchange not when they are always targeted by hackers; this is true because there have been many hacked exchanges.

[Alohadanc3]

There are many reasons most of the people trust binance. For me when I entered the market binance was the first exchange I used. And in few days i started to understand many basic things. Cause binance was easy to use, fast, and mist of them are trusted coins, plus volume is never a problem in binance. Then time to time I used a lots of exchange and some of them are really good. But still most of the time I use binance. Cause I just trust it.

[iv4n]

we can not deny if indeed binance is the biggest exchange and some IEO conducted there will surely be successful and provide benefits to investors, besides that security is also very good and full responsibility to the customers there if something happens

And they are good! Simply said they are very good in everything. With so many pairs, promotions, successful IEO's, with their bnb coin, constant development and advertisement all over the internet. They are number one for a reason and it's why people trust binance exchange.
When we are about trusting exchanges, I trust kucoin more. They are smaller, but I like them because of that. They didn't have hacks like binance, they keep their security very tight. Exchanges that keep their customers satisfied and secured will always have our trust.

[tabas]

besides that security is also very good and full responsibility to the customers there if something happens

They have proven this with one incident when they were hacked. And most exchanges when they were already hacked, which makes them the number one exchange to be avoided by their customers but Binance handled it well. It's how the #fundssafu started.
Binance offers full refund after $40m hack

[dentolas]

Besides the high security level of Binance and high liquidity of the markets, I feel that they do not double cross their users by kidnapping their funds and asking for KYC (for example), or say one thing and do another.... they have conquered the trust of their users because they always come through... I am very suspicious about exchanges and I've already seen a lot and I can tell you that the only place where I feel my exchange funds are relatively safe is Binance...

[StephenJH]

You are definitely right about that BNB exchange is one of the best exchanges and very trusted by investors. More than that the exchange has a well-working team, which can be also the reason for trusting BNB exchange. Maybe there is so less transaction fee and it can be also reason to prefer Binance exchange. 3 what have you said are absolutely right.

[naureen978]

In my view, Binance is the number one cryptocurrency exchange because of its reputation in the market as well intention of binance team is that, they are completely honest and loyal with their business.

They have excellent security, therefore, I like Binance exchange a lot. I feel secure and comfortable when I trade on it or my assists are on binance even sometime it could be more than thousand dollars. I know they hacked several times but they stable again and again and it is the sign of a legit exchange.

I hope you remember cryptopia exchange they were theft our all crypto on behalf of hacking. Anyway I am giving Binance exchange 10/10.

Good luck everyone

[vlast01]

Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?

    What is your opinion? Drop your experiences & Opinion?

Binance exchange is one of the top trusted exchange. If you ask other traders what exchange would they prefer they would go for binance. It security is excellent, easy to use and im satisfy using it. But still it is not the smartest thing to do to keep your coins on any exchange. While they may be convenient, it’s much better to get a wallet of your own to store any crypto coins you own.

[pragna]

Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?


    What is your opinion? Drop your experiences & Opinion?

Many will say many things i know but i will say when i transfer any token from other site to binance, instantly it goes to binance that i did not see any other exchanges. That is why i can catchup that time high market that we may fail to catch in another exchanger. You know sometime every seconds is important for token transfer when market fall down or up and here binance does work very well.

[leyton11]

Why binance called world largest BTC exchange?
1: the highest security is available in binance compared to the other crypto exchange?
2: Generate high volume in the altcoin?
3: best ieo launcher? Compared to the other exchange?


    What is your opinion? Drop your experiences & Opinion?

It has all of the above factors. In addition, it has quite great trading spot functions such as OCO. It allows us to place a stop loss order in a future order, which is the function that I see most exchanges do not have. Besides, they just bought Coinmarketcap, Binance's popularity will grow in the future. Another special thing is that their revenue is increasing, they are burning a lot of tokens in recent times, this will make the Binance exchange become stronger.

[daglordjames]

i trust binance exchange because some bounty hunters wants to list the token project that they've participating and i think its one of the safest exchange for me.