Binance deserves the first Position on CMC

[grizmoblust]

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.

Binance has all the investors need, and of course if you are trading here, you will definitely never want to switch to another exchange. I have stayed in this exchange for a very long time and until now this exchange has helped me to make a lot of money. However, this trade has been hacked in the past, and it is a security issue that makes me very worried, so I only use half of my assets at this exchange.

[tvplus006]

The fact that Binance acquired The coinmarketcap rating casts doubt on the first place of the exchange in it for some participants. But I was more outraged by the fact that Binance was previously placed in the second ten in that rating, although I myself saw that these data were not objective.

[Vishnu.Reang]

Binance deserves the first position? It's really funny. If they deserve the first position, then they will appear at the first place. Who is going to prevent them from appearing there, especially since CMC is owned by Binance now. Let's be realistic. If Binance is not the no.1 exchange as per the data from Coinmarketcap, then the reason is that their trade volumes are lower when compared to other exchanges such as VinDAX and Huobi Global.

[filterMX]

Binance in the top position makes sense because the performance and service to investors is quite good, so investors with large capital need not worry about investing in it, and the coins provided in it are quite good.

[Wingsbtc]

It's really not hard to see how good binance exchange is, it's hard to see new exchanges CEO coming out in the public like CZ, the man have nothing to hide, they have every opportunity to exit scam last time when binance exchange was hacked, they can easily put the blame on the hackers but they didn't, this team have dreams, binance exchange worked hard to get to the first Position even if they aren't listed as the first on coinmarketcap they deserve it

[Eco_111]

No matter who owns coinmarketcap, I believe that Binance Exchange will always rank first in this market. Take a look at what they are doing, they focus on the interests of users and bring them a lot of profit. Besides their liquidity is also the best in this market

They are even making crypto more usable for other parts of the world, now users can trade or withdraw using Fiats, something that's not possible on exchanges before, only haters will talk against binance exchange, you can hardly see any bad reviews on the internet about this exchange

[Krislaw]

Even before they acquired CMC, they have topped the market cap times without numbers. They earned it IMHO. Binance is trying to make coinmarketcap data/ranking more organic than when it was controlled but now they are being criticized because they are the biggest exchange and they are in control.

[Midy]

Platform reputation will continue to increase if investors continue to invest in it, but it is not easy to get the first place because it requires extra hard work from the platform manager to get it, hopefully, the service of the Binance platform continues to increase.

[someone703]

Binance's reputation will always go up every day, because this is the best exchange and they always users in the forefront. It is difficult to see someone complaining about this exchange, they are almost good in every way. Even when the exchange was hacked, they still refunded all users without delay. That's why I love this exchange

[LbtalkL]

They truly deserve it, people can tell which platform is good base on their experiences, and now they have added the Web Traffic Factor and Average Liquidity which is more realistic, those fake volumes exchanges generated by bots are slowly gone. Good thing they remove sh*t exchanges slowly also delisted sh*tcoins. Binance is not just an exchange now it is truly an amazing platform and CMC is not biased with it even they acquire the company.

[coin-investor]

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

They are the new owner of Coinmarketcap now, so they can rank whoever they want to rank first and obviously they rank themselves first, there's no denying that they are the number exchange in the industry, they have a big influence in the industry, and that alone can make them the number one exchange in the industry, it's hard to deny that.

[Wayrey2020]

I think everyone needs to understand that cmc rank is not always about i deserve it, you deserve it.
It is rated by actions, activities and benefits of using such dominant exchange platforms.

Binance has the best community, best trade features, charts, trading optiions, as well as otc trading, fiat withdrawal and deposit.
Hence the reason why it tops the log.

Likewise, binance has one of the most fair withdraw rates, top it up with ieo successes? its simply the best at the moment

[TheGreatPython]

Binance will be kept at top even I own coinmarketcap and bianance is my primary business . No surprises. They might have bought coinmarketcap by keeping this plan in mind. I'm not having personally any problem on where one exchange is listed but I just want clear information about what are legit exchanges and what are scam exchanges. Only that kind of list will be more than enough for me.

Even I do not want a list on marketcap. But, I want list of all available coins and tokens and their ANN topic and exchange information long with chart of prices since it got traded. I mean just an alphabetical list of coins and tokens itself more than enough for me. Because, ranking on marketcap is simply a manipulation to list few coins on top hence I am not making use of those list for my invest plans.

[South Park]

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.
 

Exactly, I stopped using CMC long ago precisely because I thought their data was simply wrong and now that binance has acquired it they are suddenly on the first place, it is obvious binance is a good place to trade your coins and it has a good reputation among many members of the forum, but this is like entering a contest and that one of the participants is also the judge, it is completely unfair and regardless of their performance there is always going to be some suspicions if they actually deserve that ranking.

[thesmallgod]

The truth is that they do not just wake up one day and decide to implemented all this on the platform. As soon as they acquired the CMC, they introduce a survey which enable anyone that visit the site to make suggestion as regard to what they want cmc to improve about the platform. All the feedback was what they follow to have the new CMC. A lot of people on twitter suggested that they should work on the exchanges by making sure that those that faked volume should not be the one ranking higher. This is what result on the new exchange listing that makes binance to be ranked number one on the platform

[omnik]

The only ones who mad at Binance are other exchange shills. Almost everyone has to agree on how trusted Binance exchange is so that #1 spot on CMC for them isn't up for debate.

That's true and there some exchange sites who are not feeling good with the progress that has already made by binance to acquire CMC. It looks like all of the negativity towards binance can be considered as a dislike for binance too.

[masterrex]

As an avid Binance exchange user, for me being number one in CMC is not important. Because the users can observe why Binance is already a number one in terms of efficiency in volume, trading fees, customer support, and security. I believe that the real rating to be called as number one crypto exchange is base on its user's satisfaction and not on any site that frequently manipulated and supplied with fake data.

[Febo]

Binance deserves the first Position on CMC

What exchange was first before? And what rank Binance had?  i thought Binance had most volume now for at least a year.  Probably only few months after ICO ended. Why you guys needed 3 years to realise that is beyond my imagination.

[rexxarofmoknathal]

There's a reason Binance is ranked first on CMC. I do not think it has much to do with the fact that Binance bought coinmarket cap, I think the reasons are clear.

Many people on here would be able to back this up since this exchange platform is leading in terms of both popularity mainly owed to it having the highest liquidity and trade volume as well as customer trust due to their support.

In other words, Binance being at the top is currently a fair ranking, however this isn't guaranteed for the long-term and we the users of this exchange and others need to me aware of that.

[OrangeII]

inappropriate or not, the reality is currently the position of binance. however, binance is currently the best exchanger in my opinion, so I'm not surprised if binance occupies that position. besides that, binance also operates CMC, even in coingecko as well.