Binance compared to other Crypto Exchange.

[minatour]

I will say binance is more better than bittrex, Infact for me currently, binance is my best exchange so far, binance team are working towards developing the exchange everyday compare to bittrex, though years back, bittrex is better when will talk about trading volume, but currently I will give it to binance.

[Ridwan Fauzi]

I like binance's team (developer) they are always try to make new people tempted to buy and use their service. New feature that I can buy or deposit through my money fiat directly is something like my dream comes true, because I really like it and and I really feel helped in it.

So, there is no reason for new people or newcomer who have a reason they didn't buy cryptocurrency (if they already know) because they are difficult to start buying them. Through binance you can make it easy and you just need several minutes to start you buy some crypto.

And until now, I only use binance as my trading place. I fell comfortable when I trading there and sometimes I try to use some new features that just updated.

[jrrsparkles]

First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).

That is actually what I was thinking here, why compare Binance and Bittrex now? Binance has come a long way already and by just looking at the trading volume, BNB is already very far. Got the figures from coingecko not from CMC. So it is very clear that Binance is leading among crypto exchanges and Bittrex has been left behind.

     vs     

Exactly more trading pairs along with BNB is the real reason behind Binance success in very shirt term compared to Bittrex.Maybe in future Bittrex will develop their trading platforms by having more trading pairs will help then to reach their previous spot.Crypto trading still got huge potential so they should be getting ready for this.

[davinchi]

There is no other like binance, there is never been any like binance, binance just became the first professional one and that's it.
We had cryptsy back in the day, we had poloniex we had bitrex and all of them were just... a bit unprofessional, I am sure they were doing their best but binance became something more out of this world and in tech world giant. They literally bought a company for 400 million dollars, do you get more "google" than that?

That is why I believe it is quite important for us to realize that whatever happens with other exchanges which I am sure they will do a lot better nowadays since the infrastructure is there, they will never be binance. Some Asian ones are getting a ton of attention because they want to use their own, but even they use binance when it comes to altcoins.

[asyakashi]

I was a bitrex user in the past, different from now.
Bittrex has lost a lot of trading volume so it's not very interesting to do daily trading.

Hows the bittrex case during that time?

At that time the most interesting trades were poloniex and bitrex. both of these exchanges became favorite exchanges and gave many benefits to crypto traders even though they were beginners.
at this moment both exchanges seem dead, after some bad reputation.

[thesmallgod]

I'm not quiet familiar with bittrex but I've been a regular trader on binance for almost five years now. Some of the challenges we are facing with scammers would have reduce if other exchanges emulate them. Especially in choosing project to launch on their launchpad. Binance has already distinct it ltself from other exchanges by making sure they provide traders information as to reduce or minimize lose in trading

[Oceat]

If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.       

I think it varies from person to person although I'm not familiar with bittrex but I believe both exchanges has their own pros and cons. I've been using Binance for a long time and I could tell that I don't have any problem with it since their support and the development team is always showing how important their customers in terms of satisfactory.

[Timmzzy]

Regardless of who is on top right now, remember that no service lasts forever. Love the service but don't love the company. If they start giving you crap, then leave straight away.

Sure there is a saying for that: Good things don't last forever, so true but on this case binance is just the main reason the bigger whales are in the market if you check in.
Seeing this image below definitely short of words:

First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I'm talking about the overall trading experience on both exchanges (I'm a user of both).

That is actually what I was thinking here, why compare Binance and Bittrex now? Binance has come a long way already and by just looking at the trading volume, BNB is already very far. Got the figures from coingecko not from CMC. So it is very clear that Binance is leading among crypto exchanges and Bittrex has been left behind.

     vs     

Exactly more trading pairs along with BNB is the real reason behind Binance success in very shirt term compared to Bittrex.Maybe in future Bittrex will develop their trading platforms by having more trading pairs will help then to reach their previous spot.Crypto trading still got huge potential so they should be getting ready for this.

[MCobian]

I was very active trading in Bittrex exchange about two years ago, and was quite satisfied with Bittrex's services. But in 2019 many
promotion by Binance exchange, and CZ as a very active Binance developer on social media makes Binance's popularity increase.
Makes me interested in trading on Binance exchange, sure enough I am very comfortable until now trading on Binance. Many profitable
IEO projects promoted by Binance, this is one of the reasons I chose Binance over Bittrex.

[samcrypto]

If we are talking about the volume and top exchange, than we easily find it as Binance exchange is better than the bittrex exchange. Bittrex is a good exchange but binance is a top level exchange for trading and investment.      

Bittrex was on top before when it comes to this one but because of too much competition, Bittrex didn’t see Binance coming since they are too much regulations when using Bittrex, people easily transfer to other exchange which we can say right now is a good one. These two are still a good exchange, but for now I’m more active on Binance and very rare to use Bittrex.

If a crypto exchange didn’t do anything to develop something new, then one day new exchange will replace them for sure. Good thing here is that, Binance continues to grow and made a lot of good investment this is why they are still on the top spot.

[electronicash]

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?

[michellee]

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?

That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.

[electronicash]

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?

That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.

binance keeps gaining more users and promotes more advantageous option to them as well to maintain being on top. they meant to stay on top of the game.

its the first i have heard of that isolated margin trading. investing to those defi assets is already meant to make money out of it but binance also want to compete them?
lending on Aave platform or Comp platform is already a good option to earn for those who just want this kind of business.

[michellee]

there is just more advantage in binance than in bittrex so ter reason more users are moving to binance. binance is a giant. i'm a bittrex user too. it was a trick that made me join binance i guess.

at first bittrex ask kyc last 2017 disregarding how much we may have to withdraw but binance didn't ask kyc if we just withdraw less than 2btc. but come today, even if you just withdraw 0.05btc you are just going to be drag by your butt so submit your passport ID.  but what is this https://imgur.com/a/EjLSFu4 have to do?

That is why many traders move from bittrex to binance, and we are often to see many pumps happen to those exchanges, which makes more people register to binance. I am not sure about the image, but I think you can earn the interest to lend that coin/token. Binance is still doing another promotion to attract more members to join them, but I think the other big exchanges are doing the same to re-attract their members to return to them again. The competition of each exchange still happen until now, and maybe there will be a changing position of the exchanges.

binance keeps gaining more users and promotes more advantageous option to them as well to maintain being on top. they meant to stay on top of the game.

its the first i have heard of that isolated margin trading. investing to those defi assets is already meant to make money out of it but binance also want to compete them?
lending on Aave platform or Comp platform is already a good option to earn for those who just want this kind of business.

Hey, that is my first time too, but I think finance has another reason why they do that. When it comes to money, every people, every company will want to get, and they will follow the trend to earn money. That happens too with finance because they see that it will give them a chance to make more money. I already used bitcoin to lend to the traders, and if that can give me a way to make more money, then I will try it out

[wozzek23]

Right from the time I got to know about Binance, I don’t think Bittrex should be compared to it, because Binance has always been far much better than the majority of the other exchanges we have. I always see Binance as the number one exchange in the cryptocurrency market, followed by Coinbase before you will arrive on Bittrex and Kraken and the rest of them. In recent times, binance has aquired many exchanges and few crypto related services as well; among them acquiring coinmarketcap website for rumored $400 million must be one worth the mention here. These all makes them how stronger with their business model.

Kraken is another good exchange too, but I will always put Binance as the number among them all. And the good thing about them is that they keep spreading out and adding more new features all the time. They are really doing their best more than most of the exchanges we have. This is my personal opinion, can be a different thing for others.

[dg2010]

I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  .

I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.

[verita1]

Binance offers users what they need, that is the reason for its success and it is proven. CZ is managing to create a product with many advantages, it offers useful features for the community.

CZ

Media Interview.
Q: How did you create your expansion strategy 3 years ago? And plan to grow so rapidly?
Me: didn't have a strategy or plan.
We just built what our users told us to build.

https://twitter.com/cz_binance/status/1278588364422148101?s=19

...

But the other exchanges in the top of the best do not lag behind they are also in constant transformation.

[RealMalatesta]

That is what other places always lacked as well. Just to give an example, poloniex was the most used crypto exchange for a while, they weren't fiat to crypto neither (like coinbase) they were totally altcoin and bitcoin (like binance) and you know what they did? Instead of adding as much crypto as possible, they removed the low volume ones and made the list even shorter back in their hay day.

So as you can see, adding more and more coins is the important part, without more coins you are removing a ton of volume and as an exchange the most important thing you have is high volume, without high volume you are not making full potential profit. I get it it could be hard to add a lot of coins and keep them with low volume, but add as much as you can, add 1000 of them, you can remove the low volumes later.

[Fredomago]

I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  .

I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.

For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.

[electronicash]

I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  .

I have not used Bittrex exchange for more than two years, and based on what I know, Bittrex has been having very poor liquidity, and there has been a lot of bad news about this exchange recently. In my opinion, Binance, Kucoin or Huobi are the better options during this time because these exchanges always attract a lot of investors and liquidity here is considered the most stable in the crypto market.

For traders, it's very important to know how liquidity is happening from the exchange. Binance have the advantages since most of both day traders and long term investors are using this exchange, performing trades to make money, traders always look upon the advantages and never to missed opportunities.

you might wanna go back to your bittrex account, you probably have some funds there like the airdrop of Ontology. i'm not sure when it did happen. but probably they've also airdropped some other tokens. even at the times when bittrex is less used by traders, they were developing their global platform and they also have for Asian markets, they are still up to compete fairly unlike the cryptopia.