Binance is a good exchange but don't expect forever surge

[carlisle1]

I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance.

you know why they have highest fee for launching?because they usually pumped the newly listed coins/tokens in their platform ,that is why it seems that there are manipulation that happening inside.

It's same as Bitmax, kucoin, Okex too, many are blaming these top exchanges for making new projects lose value as if it's their faults, maybe investors already forgot that crypto is so volatile, ups and downs is definitely something we can't escape

Thats the stupidity of people to blame exchange as if they knew what would happen in the future,Yeah exchange must be choosy in letting project to be listed but it is not their duties to check each projects progress because they have done their part and it is from the team to make the project move up.

Binance cannot guaranty the longevity of any project a project can pass the criteria set by Binance but when it comes to running and development of the project, it's on the developers of the project, and Binance are delisting projects that did not live up to the expectation of investors, and no progress in the market.

exactly my point,there is nothing to be blame for the projects failure that the developer and the team .

[minairia3]

What binance doesn't guarantee

Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake

Let's stop treating binance like volatility proof

Maybe fools will believe that binance has any bullet proof for liquidity. Its not their call actually when the token project gets dump. However, factors affecting the dump can be depend also on how their performance or project concept really does.

There are too many projects that has experience all of it. I think almost all, if I could recall none a single IEO project on Binance ever retained their price for a lomg time or the ATH it was recorded but thats how investor jump from ship to ship, its all about profits and the reality show us how cryptocurrency works based on profits and not on it use cases.

[KaratX]

Whenever a coin or token dumps on binance many who have no idea how crypto works will start saying what they like against binance, a coin that finds its way to top exchange should not relent, many project did this, thinking binance will carry them along but they are wrong

[xZork]

I guess people are treating it as an epitome of cryptocurrency exchange, whereas it is not. It too got hacked and it does have flaw such as centralisation and highest fees for launching a project. I guess there is a lot of hype that still exists about Binance.

Although Binance still has many bugs, it is still one of the best exchanges available today.
However, I agree that a project appearing on binance exchange does not mean that it is a good project. There are still a lot of bad IEO projects appearing on binance and many investors have lost money.

[Mia44]

I think it's hard to change people's minds, and most of the new coins listed on Binance have better performance. That still attracts people to pay attention to the new coins on binance.

[FLHippy]

For sure it is, but do not forget about the option that someone else (hackers, goverments) will cause that Binance lose money, will be stopped or anything else.
Send all your money after you exchange immediately to your wallet to prevent all disasters. 

[ShowOff]

Binance is a popular crypto exchange for most cryptocurrency users and now binance is the number one exchange in cmc based on 24-hour trading volume and search traffic. Rank Exchange on CMC

As one of the TOP exchanges, Binance has a good reputation among investors and traders for several reasons. Maintaining the liquidity of a project I think is not one of the responsibilities of every exchange, including binance. Altcoin liquidity on exchanges is the responsibility of the developer and binance as an exchange medium only helps developers provide products that can be traded on their trading platforms. IMO

All altcoins that can enter binance exchanges are altcoins who have passed the exchange test with various criteria. Altcoin prices are determined by traders and not by exchanges, so the exchange effect on altcoin liquidity I think is due to the reputation of the exchange itself which has been considered a safe and reliable exchange. So its not a good thing if we hope that the exchange can guarantee altcoin liquidity and its price. Everything is determined by the trader and the good and the bad of altcoin in exchange depends on how the developer.

[el kaka22]

There are tons of coins that has been delisted from binance, which suggest you are 100% right because people who see the coin listed on binance allows it to get to be more on public eye and there are more trades going on etc etc, however eventually if the coin is not run by a proper team it will get a lot worse. That is why I hate paying people to run a coin, this is not a business its a currency, if I want to use a currency that has a team behind it, I would use dollars in fiat, at least a huge government backs it no matter how bad they are.

You know why I love bitcoin? Because, there is nobody that controls it unlike the ICO's these days. So, binance is a help but it is not a solution, sure you could be better thanks to binance but if you suck, you will suck no matter where.

[MikeyVeez]

I do not think that coins that are newly added experience a pump. This was in the history when every good news, listing, partnership caused ten of percents grow. But now situation is pretty diffrent.

[$crypto$]

Indeed, many people assume that the Binance exchange is always identical to the pumping of coins that are there even every coin listed there is always in the hands of investors or traders because Binance is indeed big in its liquidity, but I think not only is Binance able to pump coins there are still many other exchanges besides binance that are better and always profitable for them, and I know that binance is now the number 1 exchange at Coinmarketcap.

I always don't take decisions from one market like Binance so there are others who benefit more or see the quality of projects that are legitimate and are still ongoing.

[lillobo]

Binance is the largest crypto exchange by volume, has announced that it will stop serving in crypto market individual and corporate customers on its main platform Binance.com.  If the real customers will likely still be able to bypass the restrictions and trade on Binance. Binance offers a much better selection of cryptocurrency trading than Coinbase.

[tycsols]

Binance is actually a great platform and most of the community has their trust on binance platform but you are very right this platform can not guarantee any price stability or growth of any coin rather it depends on the market demand and supply.
Secondly, product development, competency of the team and their marketing teams combined efforts are the basics that are important and influence the price and demand of a project.

[tvplus006]

There is no doubt that Binance is one of the reliable exchanges that numerous projects developers look forward to for listing.  It is of a truth that surge of project prices cannot be expected forever because keeping this is also largely depend on the project developers.  If a project fails to develop in its roadmap, then there is nothing the exchange can do.  But the crux of the matter is that greater percent of projects on binance are reliable.

Binance is very careful when choosing a coin for conducting IEO, so it is not surprising that such projects start well. As a rule, each coin after the IEO increases in price several times. Traders get another tool for trading, and the project team gets at their disposal the funds that are necessary for development.

[BChydro]

Binance is very careful when choosing a coin for conducting IEO, so it is not surprising that such projects start well. As a rule, each coin after the IEO increases in price several times. Traders get another tool for trading, and the project team gets at their disposal the funds that are necessary for development.

I was not aware of this part that binance will choose the coins they conduct the IEO, i thought they will be accepting anyone who provides the fees they are asking. I did not participate in any IEO projects from any exchange as i lost trust in the experimental project market where everything is to pump and dump and i am yet to see solid ten companies that made a successful business model.

[yazher]

That's why we have a lot of coins to choose from and a lot of exchanges to move our coins to. All of them are competing with each other that one may be developed something that will attract a lot of users or maybe some of the exchanges like Binance have something unique that will make their users stay and invest in whatever coins they are promoting. the big difference among the exchanges is their liquidity and massive trading volume every day to gain some trust from the users you need to have these kinds of features.

It's not really permanent, especially that only unique features you have will be copied by the other and they also improved it on their exchange. some developed particular features that attract many of the investors to their platform and others have the ability to make their users stay their exchange for a long time.

[itsv]

Apart from binance there are lots of exchanges which launch IEO's .. So it's not up to exchange to keep the project alive. They only provide the launchpad for projects which can afford to be listed. And looking back at the banace lauchpad i think every project managed to reach their softcap target.

[Mealea]

Expecting a pump on binance at all time is at your own risk. The Truth is, nothing is guarantee anymore. Even in binance, coin is dumping hard these days. People been disappointed by the outcome of some coins listed on binance. We just need to face the reality that nothing is guarantee anymore.

[adzino]

Please let's all stop taking top exchanges as coins pumpers, just because a coin is listed on binance doesn't mean the surge will always be like it is forever, Binance makes sure of the following

1. Legit projects
2. Good volume
3. Good liquidity
4. Profitable launchpad

What binance doesn't guarantee

Keeping surges alive when it all depends on team continues developments, how is binance responsible for this? Even binance had to burn BNB token supply to reach a valuable target, binance won't control the team of the projects listed on their exchanges for Christ sake

Let's stop treating binance like volatility proof

Not sure what you are trying to say here. Are you trying to say that just because a coin is listed on binance it does not mean that the coin is really good, or are you trying to say that if the coin developers go rouge, we shouldn't be blaming the exchange? Both the cases are true.
According to you binance ensures the points you mentioned, but they can't guarantee? They why would they ensure their users in the first place?

[kawetsriyanto]

I assume that people stated Binance is a good exchange because of :

1. The trustworthiness of good coins/tokens listed there
2. The performance of that exchange

So, there is no correlation to the "surge" of the coins/tokens. The surge indeed depends on the demand or interest from people in the market. It can be higher if the people trust in the future of those coins/tokens. And this has a correlation to the progress of the project and how good the team members manage the project itself.

[Mighty_crypt]

For a project to surge it depends on how demanding the token or coin are, I  believe this is the only thing can that make a coin to surge, binance exchange only provides real volume and real liquidity unlike many bad exchanges with fake volumes today