Binance deserves the first Position on CMC

[stadus]

well lets move to more  better monitoring website like coingecko because CoinMarketcaps is not really filter volume from Exchange that mostly pump their daily volume with bot.
look at coingecko they are monitored very accurate volume from all exchange and ofcourse binance is top 1 exchange for Daily volume on coingecko, look like coinmarketcaps wont ever fixed it because they only care about the visitor that visit to see the Crypto Marketcaps and volume.

Looks more accurate to me, and whichever exchange you are looking, it's still very visible that Binance dominate the market, imagine that disparity, Binance here has over $2 billion in normalized volume while the exchange that followed the ranking only has over $300 million, that's a huge one, this tells us that Binance was not manipulated to take the number 1 spot.

[john1010]

I have my trust in binance since the day one i traded there, I feel safe with their instructure and their features, I hope Binance will stay for long and create more program to reach out other people who are not yet involve in crypto.

[forexandcryptoauditor]

Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.

[john1010]

Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.

Aside from being world most largest, Binance also gain respect and trust from traders, Binance also is one of the active players in giving some humanitarian help in times of calamity, they are also launched a bunch of promotion and giveaways that are really helping people in trade industry.

[mexite]

You are right, as long as Binance keeps getting it right, it will continue to be a dominant force in the cryptocurrency exchange industry. The exchange has been my best trading platform for a long time, more so when they added fiat deposit and withdrawal for my country. I find it easier to trade and convert my crypto to fiat currencies, all one platform. Their customer service too is top notch and they are security minded.
CZ and the backroom staff are doing a great job. Very forward thinking team.

[stomachgrowls]

Binance Exchange has become the world's largest cryptocurrency trading platform now, after starting operations only in July 2017. And over these three years of operations, we have experienced good things only. Its reputation, liquidity, also seem some hard decisions to delist a few coins as they were not meeting certain criteria, and so on. The launch of BNB also worked as a catalyst for the reputation of Binance and there is no doubt that it will remain the number 1 exchange in the future also. So, no matter it has acquired conmarketcap, it deserves that position.

Aside from being world most largest, Binance also gain respect and trust from traders, Binance also is one of the active players in giving some humanitarian help in times of calamity, they are also launched a bunch of promotion and giveaways that are really helping people in trade industry.

I agree into this sentiment because they wont really able to make themselves big if they havent able to do such stuffs.They are trying to expand out their business as they can and they've gotten involved in several industries which is already outside of exchange scope.

They do know on what theyve been doing and its really deserving on what they do attained as of this moment. Volumes or liquidity does speak for itself on how this platform or company
being trusted by many.

For people who do knows on whats going on then will surely say the same thing.

[lenovop-70]

No wonder, binance deserves that, we can feel how much they care about us, for now binance still the best and biggest cryptocurrencies market in the world. respect for their hard work, they get my trust all the time.
Im waiting for their innovation next, i hope it will be good as usual, cheers for binance!

[Shallow]

That is true and I don't see the need for anyone to think otherwise, although we are all entitled to our own opinions but yet, it is good to look at facts and data then drive our conclusions. From all Indications, Binance do not only deserve the first rank or position on coinmarketcap, but also deserves to be called the best exchange. To add to your points, Binance also supports a good number of fiat currencies both in advanced trading and in P2P trading, all in a bid to make crypto easily accessible. Also, one thing I have to understand is that, once crypto is supported in any country, Binance makes moves to come to an understanding with the country and then support their fiat, in this way increasing their user base. In addition, Binance also have a huge number of trading features, all in a bid to make trading enjoyable and flexible for all users. Thus, one can see that, all these points to the fact that, Binance is doing everything to build their reputation and will do everything possible to respects it as well.

[cryptopediabd]

It is what you are familiar with that you will support most. Most folks in the crypto space tend to be more familiar with Binance than any other exchnage. This is why more people would agree that Binance is the best. Sentiments aside, I also agree that Binance exchange has really been trying and they are doing everything in their capacity to be the best. many exchanges would have been able to compete favourably with Binance and maybe be better than Binance, bt they already missed it at one point or the other. So, I agree that Binance deserves to be at the top.

Binance is the best exchange in cryptocurrency market. Binance own coinmarketcap & they are number 1 in the list. Many users claiming that they pinned their site. It's possible about 3 years back but now what can you say about coingecko. Coingecko top number 1 exchange feature is binance. After Binance launching they are always are number 1 in the list & most reputable or trustworthy exchange.

[rat03gopoh]

I'm a Binance passive user but I agree with what the op says. Binance already has several branch exchanges around the world, and it makes sense that Binance's trading volume is the highest.
Also, in the case of the last hack Binance was able to turn the global crypto price down, which means Binance has a big influence.

[bluebit25]

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

Even before binance bought CMC, i still found that binance deserves what they have done in this market, the real projects in this market are expected to be listed on binance, it is stable and many more wonderful things. If you look at the current competitors with binance, can you see the difference, when binance is building their own ecosystem.

[stadus]

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

Even before binance bought CMC, i still found that binance deserves what they have done in this market, the real projects in this market are expected to be listed on binance, it is stable and many more wonderful things. If you look at the current competitors with binance, can you see the difference, when binance is building their own ecosystem.

Even before it was bought by CMC, Binance was already in top of the list, they just improve more now that CMC was already owned by them.
There's a big difference already in the competition, the volume of Binance is way bigger compared to the exchanges following Binance in the listing.

For now, Binance is not dropping to $1 billion trading volume per day, that means they are making a lot of money in the crypto space and they can buy anything that will help improve their platform, and that's the reason why it's good to invest with Binance.

[Chathusand]

Definetely they deserve it. Number one exchange which has top-class customer care.

[Quidat]

4. IEO don't fail on this exchange because the team do their own research on projects before listing

IEO may not fail but are they keeping up the price above the ICOs?
Can all IEO from Binance stay on the exchange for a 4 year cycle without been delisted? It will take sometime to prove this

No one can tell because even if you do saw those projects are still doing well at the moment, it will matter only on the demand and time will come neither it would be proven out
or would just ending up the same into those most projects in the market that eventually die after years of existence due to lack of demand and interest.
About rankings then it would be just unfair if they would just let themselves on the top just because they do own CMC now.
It would be better if we would really be seeing fairness about ranking.

[Btc_1856]

Binance is always the no. 1 exchange because they will bother much about their customers whenever their customers lose anything, they will compensate their customers from their safe funds. That's how they are increasing their user base and they are gaining a lot of trust in the crypto market.

[aTriz]

If binance is at number one place. then it is because that has higher trading valume (24 hours) and they have bigger userbase. not just because they own Coinmarketcap and they listed their selves just to manipulate the coinmarketcap charts and datas.

I have my trust in binance since the day one i traded there, I feel safe with their instructure and their features, I hope Binance will stay for long and create more program to reach out other people who are not yet involve in crypto.

same for me. I also trust binance more comparing to the other exchanges. and binance is the only exchange where I have most of my coins stored. so far they are safe. and I hope they'll stay safe untill I use them.

[Botnake]

Binance is always the no. 1 exchange because they will bother much about their customers whenever their customers lose anything, they will compensate their customers from their safe funds. That's how they are increasing their user base and they are gaining a lot of trust in the crypto market.

And the good thing with Binance is they cater customers from different part of the world, you can even create an account without KYC though they are a regulated site, so they really gained the trust of the traders and investors. I'm a Binance user here, I think over 3 years already and I never face a single problem AFAIR.

[MishaSER]

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

[Hamphser]

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

Even if they do own CMC now but still it would be better if they will be fair on listing out something which are on top ranks because they do really have those real numbers.

Its just unethical if they would just put their own coin in the top even if there are other top coins which do surpasses it when it comes to numbers.

They might own this platform but doing those will just really give out some peoples critcism.

[MishaSER]

Of course, binance has achieved a lot and has given many to earn money, but what about the people who suffered. There are a lot of negative reviews on the bestchange, I don't think the exchange token should come first.

Even if they do own CMC now but still it would be better if they will be fair on listing out something which are on top ranks because they do really have those real numbers.

Its just unethical if they would just put their own coin in the top even if there are other top coins which do surpasses it when it comes to numbers.

They might own this platform but doing those will just really give out some peoples critcism.

I understand everything, but how does this relate to my comment, my comment concerns the fact that binance does not deserve to be in the first place.