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

[Tipstar]

Binance is careful on selecting the coins to host in its platform. About half of the IEO there are inside project while the rest are from a well established team. Getting into Binance IEO is not possible for a new team that want to raise a quick fund. So, it's not even worth trying for them.

[Vitalicus]

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

This is so true. There's no guarantee on keeping the value of coins on Binance exchange platform. Let's look at it just like a stock exchange platform. To be able to determine the potential as well as the threats on cryptocurrency required a lot of techniques that traders need to know. There's no such easy thing like look at the buying volume and liquidity on Binance to make a decision on investing.

[Docnaster]

Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part).

I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow.

However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics.

[tippytoes]

Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part).

I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow.

However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics.

Pump tactics I believe is happening everywhere, not only in Binance. But one advantage with BNB is that they are reputable exchange, and with that, they will only accept projects that are really substantial and have good foundation. The reason why only few projects are listed under their IEO launchpad. However, if you are an investor, you should not rely your fate to BNB's way of selecting projects, but you also have to do your own due diligence. Gauge if that project is really something that will hit in the market. Even projects with great concept and solid foundation don't attract good number of users so you should meticulously study their potential in the market that will give you an idea if you will be in profit or not.

[Desscount]

Binance is careful on selecting the coins to host in its platform. About half of the IEO there are inside project while the rest are from a well established team. Getting into Binance IEO is not possible for a new team that want to raise a quick fund. So, it's not even worth trying for them.

if all the exchange platforms such as Binance, maybe the scam project will be reduced, because of the strict regulations on the platform,
I like it if Binance removes some pairs that traders are not interested in

[DarkDays]

Exchanges should be platforms that are used for cryptocurrency trading, not for participating in moonshots and planned pump and dumps—that's exactly what IEOs are (for the most part).

I am 100% sure that CZ knows that the projects listed on the launchpad are likely to spike to above their IEO price, and I wouldn't be surprised if Binance and/or the listed projects hire a huge number of liquidity providers to help drive up the trading volumes on the IEO tokens to help them grow.

However, it has worked every time so far, so the investors don't really get burned, whereas the traders investing in the days and weeks after listing often do. Either way, I still use Binance for the majority of my trades, but I'm not a fan of its IEO platform or pump tactics.

They absolutely must be hiring liquidity manufacturers or deploying trading bots.

The trading volume some of these IEOs see soon after listing is insane—even given the hype they receive during the IEO and prior to listing.

Then this suddenly drops off a few weeks after listing, indicating the contract with the liquidity provider has finished.

If you're going to invest in IEO tokens, the only right time to do so is DURING the IEO. Anything after is rolling a loaded dice.

[Reid]

I hope they can all read this.
But I doubt that. 

It had been a long run telling all this kinds of truth but yet when you visit telegram channels of newly finished ICO's or IEO's this is what you will still see.
When Binance? 

[Ken_terrance]

IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price

[Taskford]

I hope they can all read this.
But I doubt that. 

It had been a long run telling all this kinds of truth but yet when you visit telegram channels of newly finished ICO's or IEO's this is what you will still see.
When Binance? 

When binance that is the question what I always encounter when I see some project ended and I cannot blame the investor to ask that since they think that their token supported will have a good future if dev will list it on binance.

IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price

Because top tier exchange creates hypes that's why you see those projects getting a high success rate.

[kensaii]

People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit.

[LogitechMouse]

Who in the hell think Binance like this??

For newbie traders maybe they see it like this but for those who are using the exchange for a long time already, they know that there is no forever surge even when a coin has been listed on a good exchange like Binance. Don't think that because Binance is a popular exchange then dumps will never happen because the reality is they are the ones who are dumping some of their coins that they are holding especially when a new IEO is launched on their exchange.

The hype on a coin that is being listed on Binance will be more compare to a coin that is listed on not so popular exchange but both of them will lead to same endings. After listing, it will dump. No forever surge in Binance but still there will be pumps and dumps that happen.

[Blue_oxen]

People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit.

You're right. Newbie traders usually have this mistake. They feel secure when they research a project and they see that coin "is going to be listed" on Binance. Think of it like a stock that is listed on the stock market. THERE'S NO GUARANTEED PROFIT for any of those coins even BTC, BNB, or ETH.

[CuriousGeorge]

IEO projects are successful on top exchanges because they have the best investors due to high trading volumes and liquidity, quick profits is certain from top exchanges but has nothing to do with future price

It's not but in this case we are discussing about the pump that happened on binance will not remain forever that means volume, liquidity even the investors can give a sustain impact to the price of token for the long term, we must not take major exchange as a key to pump the price of token forever.

[batang_bitcoin]

I guess that all started when Binance caused a lot of attention and made every coin wanting to get listed there plus the IEOs that they've conducted, most of them became successful. But op is right, just because a coin is on Binance, they'll be forever pumping.

I know there are a few successful projects that used binance launchpad like BitTorrent and Fetch.AI but i am not following the rest of the projects, if you are looking at the profit the early projects made everyone the profit but i am yet to follow the rest of the projects that launched through binance and other popular exchanges.

@OP what ever launchpad you are investing the best option is to get in and out with a profit and that is the mind set for many, but expecting anyone to pump a dead project is not going to happen and not every project will be successful.

I haven't followed what happened next but most probably they still made money from it although, it's not the same anymore. He's just clarifying and informing the people that because it's Binance, there's more to come from them whenever they launch an IEO, listed a coin or anything that relates to another project and them. They are an exchange and all of those features mentioned were already attached to them and our decisions in the end still that matters whether we make profit or not.

[Psynthax]

People only see at the cherry on top. Gosh I saw so many hypes surround a project if they said they would be list on Binance. The hype almost becomes madness as everyone talks about how the price would surge, guaranteed profit, can't go wrong,... When in the end, Binance is just an exchange and it can't magically help projects success if they're shit.

You're right. Newbie traders usually have this mistake. They feel secure when they research a project and they see that coin "is going to be listed" on Binance. Think of it like a stock that is listed on the stock market. THERE'S NO GUARANTEED PROFIT for any of those coins even BTC, BNB, or ETH.

Most of them think that as long the project has the liquidity which usually largely available in a rather popular exchange it'd be fine for them and they could withdraw it anytime they need but the reality is not that simple. many project also flop despite listed in a popular exchange and i agree, there's no such thing as guaranteed profit. the thing about binance is that it mostly overyhped.

[aioc]

Binance can do nothing about it if the developers of a coin decided that they had enough and abandon the project, we have seen that happens on many times in the past even when the times that Binance is not yet existing, investing is always at your own risk, you cannot expect an exchange to save you from all that risk, it's one of the realities of investing.

[SacriFries11]

Binance can do nothing about it if the developers of a coin decided that they had enough and abandon the project, we have seen that happens on many times in the past even when the times that Binance is not yet existing, investing is always at your own risk, you cannot expect an exchange to save you from all that risk, it's one of the realities of investing.

Yes, Agree. Its like the nature of ICO's and most of them end up with nothing. Some projects are not longer exist or exit with connection with cryptocurrency. Even a great project can be bad after the hype listing in the best exchange. You can consider a big profit in the beginning but as time goes by project will be fade. Devs should put more hard work to survive the market dump, and continue to develop their project.

[Flux0z]

You forgot:

Binance wont list their competitors

Here's the full story behind Blocknet trying to get listed on Binance, but was ignored and even questioned about how their DEX works (before Binance launched their own  )
https://www.youtube.com/watch?v=JSCAelH_iuk

Binance is a decent exchange, but it's leader CZ is a crook, who cares about NOTHING but money and power. He's creating centralized networks, which is completely against what we want, yet people follow him like sheeps.

Binance only made their (fake) DEX because they KNOW competition from DEX's will be tough in the future.

[tvplus006]

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.

I took part in the last IEO Cartesi, which was held on Binance. And after listing on the exchange, the token immediately gave 450% of the IEO price. I managed to sell tokens at this price. Now their price is 2.5 times less than the maximum price, but still higher than the one at which the IEO was conducted.

[pragna]

This is one kind of hype that Binance list means hot coin. this is not surely. There are many coins whose listed to binance and price is very low. Actually this trust did not created once in a day. If i memorize when binance hacked traders or investors did not loser. This created storng positive mentality about binance and people think that if i trade at binance my wealth are safe. this maybe another reason of choosing binance.