Binance deserves the first Position on CMC

[Sourhearrt]

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??

1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers

They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem

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[makishart]

That's true. Binance was putting the customers on its priority and we should remember if binance are also having a lot of investors too who have been holding BNB coin.
that's also the responsibility by binance to make the investors get a lot of benefits

[mindrust]

This just made it more apparent that CMC was scamming its viewers by manipulating data.

And now binance lists itself at the top of the list on CMC which is owned by... binance.

Maybe they are right, maybe not, it doesn't matter anymore.

What really matters is, in this space I can't really depend on any data because now I know that most of the time it is manipulated bullshit.
 

[Maxstl007]

Binance understands what it takes to be successful, best team I've ever seen, they understand how important customers are and they are ready to satisfy users, binance is real use case to me, something many new projects failed to understand,  

You are free to make money as you like but always put customers and investors first. That's what binance team did right

[momchilandonov]

This rank is not about factors you mentioned. its about volume. And it should be true, im not sure that binance really could be at first place

[Jennygirl]

I must confess that binance is doing great on the aforementioned levels and deserves commendation especially in the aspect of customer service and excellent products channelled to increase customer experience and satisfaction. I can boldly say that binance is the best cryptocurrency exchange I have ever traded so far.

[pilosopotasyo]

I believe they deserve to be in the first place in the battle between the exchange, they gave the crowdfunding a new method where projects and investors are in a win-win situation and they make investors feel that their coins are safe with them, but when it comes to the battle between the coins I cannot agree on them on the first place.

[Coyster]

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap...

I wasn't expecting CMC to rank another exchange, if not its owner Binance as number one, it could have been manipulated or just as a result of their proclivity to their own exchange Binance, or they may be deservedly 1st.

If a shady exchange (Yobit for example) had bought CMC and listed themselves as number one, then the manipulation will be obvious and people will distrusts their rating and may stop using CMC, but since it's Binance and even if anyone thinks they should not top the list, whichever way you look at it, they rank in the best three, so it doesn't really cause any problems imo.

[tsaroz]

There are no rule to define what should be used to rank the exchanges but Binance is really the number one if you take in consideration of every aspects. Binance was the pioneer of new generation of exchanges. It's not just google translated like many other exchanges. They have the most transparent fees and one of the lowest.

[GreatArkansas]

If there you guys started to hate Coinmarketcap because they already bought by Binance, you can use any other cryptocurrency information website, there are lot of alternatives there, there's nothing to argue about coinmarketcap anymore.
We all know coinmarketcap is one of the best website we got in cryptocurrency since the beginning but there are already new alternative of coinmarketcap, like CoinGecko or CoinPaprika.

If a shady exchange (Yobit for example) had bought CMC and listed themselves as number one, then the manipulation will be obvious and people will distrusts their rating and may stop using CMC, but since it's Binance and even if anyone thinks they should not top the list, whichever way you look at it, they rank in the best three, so it doesn't really cause any problems imo.

This is true, let's be thankful Binance got the coinmarketcap, not some shade exchanges.

[alt_adoption]

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??

1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers

They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem

I give Binance all my respect, I mean they have been able to build a crypto conglomerate within a pace of 3 years... my concern, however, is that CMC should be an independent coin ranking system, else people will only perceive it as CZ's toy. Notice that web traffic ranking of CMC have been falling since the CMC acquisition by Binance, as seen in Alexa ranking.

[xandriel]

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap...

I wasn't expecting CMC to rank another exchange, if not its owner Binance as number one, it could have been manipulated or just as a result of their proclivity to their own exchange Binance, or they may be deservedly 1st.

If a shady exchange (Yobit for example) had bought CMC and listed themselves as number one, then the manipulation will be obvious and people will distrusts their rating and may stop using CMC, but since it's Binance and even if anyone thinks they should not top the list, whichever way you look at it, they rank in the best three, so it doesn't really cause any problems imo.

Binance did not interfere with Coimarketcap, and the acquisition of the entire CMC company proves that Binance has a very high position in this market. I think Binane will be the most trusted exchange in the future because until now, this exchange is still the one with good liquidity and the top in terms of real trading volume. Also, exchanges like Huobi and Okex are also rivals of Binance, so these three exchanges will be competitors to each other.

[Little Mouse]

There's no doubt that Binance is the best centralized kind of exchange currently. So, the ranking is okay. But if with being less reputed exchange, they used to rank Binance in top, that would be manipulation. However, I would not surprise at that even because CMC is aquired by them and it's their choice what to do.

[Slow death]

Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??

I don't know if they are manipulating or not because I don't understand how they are doing things, for example:



how do they put Coinbase pro in third with number of markets being 65 but Bitfinex is in sixth and has 274 number of markets?

1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers

I agree that they are better at everything that you mentioned

They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem

 

[pankaj1234]

Yes I agree that Binance deserves the first position in coincapmarket. With time gone by Binance has improved so much that their quality is just world class. I am using Binance from 3 years. I have enjoy this. Their platform style of trading, future trading, their giveaway, their coin listing everything perfect. Now come to their application it is very smooth and their deposit and withdrawal just been a treat for traders. Looking at all features I can Binance is ahead of any crytocurrency exchange.

[cabron]

It wouldn't be beneficial for them to rank below the top 10 while they own the website that is browsed by traders almost every day.  They will start having big banners right in front of CMC index if they don't rank the first and maybe popups of binance registration page which is much annoying. I would expect the next they'd do is raise the rank of the Chinese exchanges like OKEX and Hoo.com. Bitfinex and Kraken will be buried deep.

[homhay]

binance exchanges do deserve to be in the first place of other cryptocurrency exchanges because their services to investors and coins provided for investment are excellent potential for long-term investments.

[Sanitough]

They are ranked number 1 now and I think they deserve that rank, it's just thank some would think they have manipulated the ranking because they are the current owners of of the CMC, you can't take that away from the doubters. Prior their acquisition of the CMC, I already believe that Binance is the number 1 although they are not consistent with that spot.

Also, I think some exchanges are just faking their volume so its good to see CMC has added new features in determining the real status of the exchange.

Anyway, I don't really mind what people would think but I am here giving my opinion and for me Binance is the number 1 exchange.

[Teraboy]

binance exchanges do deserve to be in the first place of other cryptocurrency exchanges because their services to investors and coins provided for investment are excellent potential for long-term investments.

The topic was binance deserved the first place on CMC as long as it's free from the manipulation and everyone will come if binance has already placed at the first place caused by the real volume and demand on for its product. This depends on the how credible the binance exchange was.

[kapalmabur]

of course Binance is feasible, all traders like Binance as a home, I also store assets and trade there,
so high market volume makes trading more enjoy