Why we trust binance exchange?

[AnniDey]

I primarily work with this return concerning their ultra-dynamic plus speedy aid and meagre contract rates. As well, they give you different types with shows so that you can receive some bucks as well. The following return is strictly made use of plus many of the gold coin plus symbol contains a massive volume of a sequence for either section. Thus can use the following return each time. People have an excellent formidable basic safety to protect customer capital.

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[reliable]

Some of the reasons that attract me or others as well to Binance is the easy registration process, very easy to understand user interface even for the first timer in crypto space,  Altcoins keep on increasing and one which is not worth is being removed, good liquidity on the exchange and good safety feature as well.

[Vishnu.Reang]

I have a lot of respect for Changpeng Zhao. He worked hard to build the platform and he has stood against the draconian demands made by various governments regarding the KYC requirement. All that said, is he going to reimburse the users, in case the funds are stolen by some hacker? I understand that Binance reimbursed the users in 2019, when funds worth $40 million were stolen by criminals. But will they take the same approach in future, if the amount is quite large?

[dady12]

Some of the reasons that attract me or others as well to Binance is the easy registration process, very easy to understand user interface even for the first timer in crypto space,  Altcoins keep on increasing and one which is not worth is being removed, good liquidity on the exchange and good safety feature as well.

Crypto related services are sometimes really hard to get even registration done - I totally agree, binance helps with this.
But its liquidity was that great during this March dump, afaik kraken and bitfinex were providing majority of liquidity on the global market.
binance's wide choice is something I appreciate the most honestly

[shushu9977]

It is very good for investment because it is the most secure and privacy. There are many coins in this exchange and trading volume is so much. Therefore, we can trust binnace exchange for our coins. It is also top exchange many times.      

[In the silence]

First, they do have the best customer service team rather than most trading platforms making them one of the most trusted and efficient platforms out there second, when it comes to projects they do invest so much effort also most of the trades from almost all of the cryptoes has really high trading volume.

Speaking of vulnerability, when it comes to security most of the exchanges do have really great security against potential threats but they do have an emergency insurance fund, as per last year's data breaching making them to be more trusted.

[nicecrypto]

Let me add that it is user friendly, very responsive to questions through their customer support, also very quick to resolve some problems if any by the customers, and now I trust them even more because they now support direct deposit and withdraw to my local bank account, it couldn't get any better than that, binance is the best exchange like it or not.

[TEAM360]

Binance CEO has a physical presence and constantly looking to diversify into almost every blockchain venture gives binance a global reputation and that's the important thing for me to trust on Binance.

[TopTort777]

It is very good for investment because it is the most secure and privacy.

I would like to disagree with it. Binance already suffered from hackers attack https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin. Also according to article https://cointelegraph.com/news/binance-kyc-breach-did-it-happen-and-if-so-whos-to-blame more than 10,000 identity photos (kyc) were stolen.

Also - not a single exchange is secure !

[KiloFoxtrot]

When Binance first start it didn't have highest trading volume and IEO yet. What they had at that time, easy to use and friendly website designed, trading terminal, enthusiast support team, good strategies. I remember that time Polinex and Bittrex were biggest exchanges, they refused my KYC dozens times, while Binance completed it in a day. Because of that, now Binance is the biggest exchange.

Binance KYC is the best here. It's almost instant as long as requirements are met. KYC verification isn't also compulsory, it's only needed for increasing daily limit and withdrawals of fiats  

Just for this reason alone regarding KYC verification, it's definitely a good reason for a lot of traders to trust Binance.

It's easy really, The reason we trust Binance because of it's rating and popularity. There's just a slight chance that BNB is turning against us. What if Binance is a scam? Well, If it is. Then it will shake the whole crypto world. It's like one of the main foundation of a building. Remove it the building goes tumbling down. Why? Because binance right now is the #1 coin and they own CMC. So if they are not legit. Why bother buy CMC? To get more attraction and scam people on the long run?

Actually, re: Binance owning CMC, this issue did raise some concerns about CMC losing their credibility.

It is very good for investment because it is the most secure and privacy.

I would like to disagree with it. Binance already suffered from hackers attack https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin. Also according to article https://cointelegraph.com/news/binance-kyc-breach-did-it-happen-and-if-so-whos-to-blame more than 10,000 identity photos (kyc) were stolen.

Also - not a single exchange is secure !

Re: trust, I totally agree that security is a very important factor indeed.

[Sebas.tian]

Binance CEO has a physical presence and constantly looking to diversify into almost every blockchain venture gives binance a global reputation and that's the important thing for me to trust on Binance.

Basically, their reputation is my most wanted in binance exchange. Those who have  been into this cryptocurrency industry as exchange has given us the positive mindset to believe them on positive delivery, binance has one of the best security and customers support service than any other cryptocurrency exchange. There is trustworthy from binance customers to their exchange, their listing is always a success for any project on their platform.

[bct_ail]

Actaually it is a good question. But the question doesn’t only belongs to Binance. Is belonging to nearly everthing.  Why do you trust a company? Why do you trust the doctor who you have never meet before? Because you have heard good things about them.  And if you hearing it very often then trust develops.

[drumamat]

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 can only say that you need to have time to buy BNB tokens))) The exchange is top-end and I often trade on it. I like a lot of functionality and a nice interface, which became even better after the update.

[dunfida]

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 can only say that you need to have time to buy BNB tokens))) The exchange is top-end and I often trade on it. I like a lot of functionality and a nice interface, which became even better after the update.

Yes, after the last update, the Binance exchange interface is more incredible to me. I can't find any issues when I use this exchange. Of course Binance exchange is the best IEO launcher. Every time I use this exchange, I don't need to wait for long to sell or buy any coins. Binance exchange has the highest real volume. Every exchange has some security problems, but Binance solves the security problem very quickly.

Issues that can be experience isnt really something surprising for any platforms to experience on.The thing here is that they do know how to resolve it as quickly as they can
and we have seen on how binance able to manage such stuff when they do experienced that breach wayback before. Trust isnt really something that can really be gained
easily by a platform. I remember those days where Binance is just starting up, they do try their best to give out the best user experience and cater all the needs and
now we do able to see on how far they've become.

[SlimShadyMmp]

The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto

[davidroux]

The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto

Binance has been pleasing to investors all the time, and I am sure you will not lose money by participating in this exchange. Besides, if you have participated in trading here, you will definitely have a very different experience because this exchange is very suitable for new traders. However, before joining, you should learn carefully because in the past, this exchange has been attacked so only trust 70%.

[Bitstar_coin]

The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto

Binance has been pleasing to investors all the time, and I am sure you will not lose money by participating in this exchange. Besides, if you have participated in trading here, you will definitely have a very different experience because this exchange is very suitable for new traders. However, before joining, you should learn carefully because in the past, this exchange has been attacked so only trust 70%.

Even when it was attack nobody lose money because all funds was cover by safu so that is nothing to worry about according to cz, funds are secured in binance and after the attack am sure their security have been upgraded to highest level, binance is very suitable indeed in every aspect as an exchange, it will be very easy for many people to trust it, they provide standard services to the people.

[alan2here]

The Number one exchange that withstand many challenges all these years plus it has alot of services which really makes it just a better exchange to keep your asset with less worries I think it just kind of give you the comfort you dont get with crypto

Binance has been pleasing to investors all the time, and I am sure you will not lose money by participating in this exchange. Besides, if you have participated in trading here, you will definitely have a very different experience because this exchange is very suitable for new traders. However, before joining, you should learn carefully because in the past, this exchange has been attacked so only trust 70%.

Even when it was attack nobody lose money because all funds was cover by safu so that is nothing to worry about according to cz, funds are secured in binance and after the attack am sure their security have been upgraded to highest level, binance is very suitable indeed in every aspect as an exchange, it will be very easy for many people to trust it, they provide standard services to the people.

I agree with you. After being attacked, Binance exchange returned the money to all investors, and I did not see anyone complaining about this issue, so in general, Binance exchange is still safe for everyone here.

I think if you are an investor, then you should only worry about bad exchanges. In the past, exchanges like Cryptopia, MtGox, etc. were attacked and then closed, so be careful.

[VDraci]

Binance win the heart of traders easily by giving them exactly what they need, good service, reliable security, good reputation, CZ is getting rich every minutes just by satisfying his exchange users, now binance team are expanding crypto, making it more easy to adopt, no reason not to love this exchange

[tvplus006]

Binance win the heart of traders easily by giving them exactly what they need, good service, reliable security, good reputation, CZ is getting rich every minutes just by satisfying his exchange users, now binance team are expanding crypto, making it more easy to adopt, no reason not to love this exchange

An additional bonus from Binance is airdrops of NFT collectible coins. Tomorrow ends the reception of participants for guaranteed receipt of a limited-edition coin - #BinanceTurns3, which is dedicated to the 3rd anniversary of the Binance exchange.