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Author Topic: Binance compared to other Crypto Exchange.  (Read 1278 times)
Spaffin
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July 23, 2020, 12:17:53 PM
 #101

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.
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July 23, 2020, 12:27:30 PM
 #102

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.
Not several years, it has been only three years they exists but they had become very reputed in one year itself especially at the time of 2017 bull run.Binance giving different withdrawal limits for KYC verified so people still use to trade in small amount without getting verified which is also one of their reason to get more success because nowadays most exchanges made KYC as mandatory to trade their.
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July 23, 2020, 12:35:48 PM
 #103

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot.

Binance already excel from those top exchange that was once popular back then.

In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds.

It's allowed you to transact and not to worry about your fund once
you need to withdraw your money.
Option is there if you want to transact larger amount of money, processing
KYC if you need to transact with huge amount.


But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.

Binance already have insurance, they've been hacked before and they bring
or assures traders to keep their assets.

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July 23, 2020, 12:43:22 PM
 #104

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
For me I would prefer to trade on binance since it is very user's friendly, lots of volume of traders are on this site that is why this is good to trade on. Binance for me also easy to use and very informative, has many promotions to traders that can add income to them. Bittrex on the other hand is also good but I would love to trade on binance maybe because most of my friends are trading on it.
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July 23, 2020, 01:05:44 PM
 #105

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.


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July 23, 2020, 03:57:14 PM
 #106

They have reached this point with something incredible that I couldn't see it happening but somehow did happen. They both offered affiliate marketers 50% (at first) commissions for everyone they bring, and since it was a decent enough place that meant people all around the world pasted their links everywhere, this caused people to come.

But, also they dropped the trading fee 50% if the user picked BNB to pay as well. So, they did offered money to affiliate marketers but also dropped their income so I would assume it may have not worked but it worked pretty well. When you make it exchange such a place that people feel like they are part of the team you are actually making sure that more and more people would come and become a big family, that was their success.

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July 23, 2020, 04:12:39 PM
 #107

well, cant be compared with other CEX exchange for now,i am really sure about what i am talking.The only one thing which we cant see from other CEX exchange is they always creating a new movement/features/idea which it bring positive review from crypto maniac.The simple words is we can see any other CEX exchange is like yahoo,but binance is google. they even dare buying another cex exchange which they thing it may bring good opportunity on the future.

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July 24, 2020, 02:42:02 AM
 #108

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.
Bittrex had a glorious past and during that time exchanges like Bittrex or Poloniex were one of the most successful exchanges and attracted a lot of participants. However, because there were no changes, investors felt very bored when trading here and that was when Binance appeared, making millions of investors feel more excited. In just 3 years, Binance has become the number one exchange in this market and no exchange is comparable.
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July 24, 2020, 07:00:10 AM
 #109

Your opinion to how you see binance and bittrex in the next generation are welcomed.
Your comparison of Binance and Bittrex is really a handicap match, for me. There was a time when Bittrex held sway as a leading exchange. And that time it was with Poloniex and a few others which are now taking a back seat. But at the moment Bittrex isn't a match for Binance. Check the daily trading volumes on both exchanges and you can only observe the difference. I will rather trade on Binance than Bittrex.

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July 25, 2020, 03:48:14 AM
 #110

Cz Binance is really doing an awesome job in improving binance exchange, I remember when bittrex was the leading exchange then, I think bittrex caused their downfall by their self, first there is no improvement from the exchange and secondly they delisted lots of coin back then.

Binance exchange is creating more room for development, lots of countries can buy their token $btc, $bnb  and some other coins directly from the exchange, to me this is really a great improvement, adoption at its peak and very easy to use, lots of people have been scammed buying btc from third parties and here comes the most convenient way from Binance, so who's gonna use bittrex
Binance has absolute dominance in the crypto market and the company is adding more areas so it is likely that we will hear more about Binance in the near future. Most recently Binance has issued payment cards in Europe and this makes Binance's reputation more and more known. Of course, I also feel satisfied with the service at this exchange because since trading here I have never felt nervous.
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July 26, 2020, 12:12:52 PM
 #111

I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this:  http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.

Your opinion to how you see binance and bittrex in the next generation are welcomed.
In the next generation, Bittrex will no longer exist in this market. The way Bittrex team works now is not good, they are not developing any aspect of bittrex exchange. It seems that new traders will never know Bittrex now, because they no longer advertise or offer promotions. They seem to have given up and now they are no longer able to regain the reputation and reputation of Bittrex. The comparison between Binance and Bittrex is really lame.
I also see that and really Bittrex is not much changed compared to before and so many legal issues when trading here makes me feel a bit uncomfortable when trading. In addition, Bittrex does not have any new strategies to attract more investors and that is why the liquidity of this exchange is very bad in the last 2 years. Currently, many exchanges like Binance, Okex or Kucoin are more interesting options instead of choosing Bittrex.






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July 26, 2020, 09:21:30 PM
 #112

Though, the only cryptocurrency exchange which stood ahead of binance was Bittrex backed in 2017, but, "how are the mighty falling" to become the average?. Without iota of doubts, Binance is the world leading cryptocurrency exchange,  this could lead to market monopoly if not check now. This cryptocurrency exchange has what I need for trading and investing into any of my choosing coins in the market.

It's probably the pick to every newbies who just got to know the Market newly it's just like a random clothes where if a celebrity gets to wear it every other individuals will what to get that particular clothes with a high price tag attached to it and without minding. So that's how it goes for binance.

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July 27, 2020, 03:15:54 AM
 #113

In fact, for almost several years of its activity, binance has earned a very high prestige and is very popular among traders. And this already says a lot. In addition, the loyalty of commissions is very often the final factor for traders when choosing, and therefore, not everyone is outraged by the requirement to pass verification, if we are talking about large amounts of funds. But for me one of the most important features of binance is the degree of protection and methods of confirming your actions, besides, I really like the speed of the resource.
Binance almost dominated this whole market and recently they entered a lot of other areas that surprised me a bit.

Truly this exchange is making more people aware of the existence of this market and no other company can compare to Binance during this time. In addition, Binance always listens to the opinions of investors here and always updates what investors need to match the current situation.

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July 27, 2020, 04:38:47 AM
 #114

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.

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July 27, 2020, 06:55:39 PM
 #115

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.
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July 27, 2020, 08:42:59 PM
 #116

Binance almost dominated this whole market and recently they entered a lot of other areas that surprised me a bit.

Truly this exchange is making more people aware of the existence of this market and no other company can compare to Binance during this time. In addition, Binance always listens to the opinions of investors here and always updates what investors need to match the current situation.
Yeah and what impresses me is their ability to respond to the market demand, they saw a lot of traders wanted to do leverage trading and they were so quick to add that option and is so flawless to use that option.

They see what their user wants and implement it very quickly and they never had any issues with withdrawals so the trust was never an issue and the fact that they are biggest in volumes makes them a complete exchange and a serious trader would never try new exchanges because they are depositing big amounts and would never want any sort of risk unless the other exchange provides something out of the blue.

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July 28, 2020, 03:36:18 AM
 #117

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.
I also feel quite safe sending my documents here and this is an exchange I can switch to Fiat easily without having to spend too much time waiting.

Actually, the transaction fee here is very cheap and there are many discount policies for longtime investors so I have never felt disappointed about Binance. In addition, Binance is currently engaged in a lot of other areas and this makes Binance become more and more popular in the eyes of people.

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July 28, 2020, 06:12:54 AM
 #118

I can't believe how binance could give very good service to my country with withdrawal fee very cheap, before binance could withdrawing to local back we use local exchange have higher payment fees to withdraw, if you withdraw higher amount you must pay higher fee but with Binance only get fee 0.4$ how much you withdraw.
Actually Binance helped me a lot too with my bitcoins purchases because earlier I had to visit localbitcoins and find a trusted seller after which I need to provide him my kyc and I don't know if he can use my information for something illegal. With Binance I feel so safe that I am providing my documents to a legal company and their fees is way too smaller as compared to what local exchangers were charging me.

Also the trading fees is so minimal that it never hurts buying small amount of coins, like when a new coin is listed I usually buy some small amount of them in case their price hike up so amazing overall.
I also feel quite safe sending my documents here and this is an exchange I can switch to Fiat easily without having to spend too much time waiting.

Actually, the transaction fee here is very cheap and there are many discount policies for longtime investors so I have never felt disappointed about Binance. In addition, Binance is currently engaged in a lot of other areas and this makes Binance become more and more popular in the eyes of people.

its the fee that you guys attracted to binance  . before when i use binance , fee isnt my concern but i was looking for a trading platform that is easy to use because thats also my first time to trade a crypto .

 binance engage not only on one area a.k.a the trading world but they are now also expanding thier coverage  . that is why they aqcuired cmc  .  this is the first step for them to dominate the crypto world and im excited to see if what they are planning next  .
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July 28, 2020, 01:20:28 PM
 #119

See, I don’t really see any reason to make comparison. It’s ultimately bout our comfort and that is what my aim is as well. And for that, I pick Cryptocurrency Exchange that I can rely upon in terms of security of my funds.

I get just that with ChangeNow and more so the best part is the friendly interface and fast transaction speed, so before you even know everything gets done. I don’t really have any other expectations at all and else I could or anyone for that matter could wish for to have?
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July 28, 2020, 03:36:55 PM
 #120

Binance is dominating the whole market because of their contributions and support all around the world. Here in the Philippines the binance charity is really making a big move to be notice and it's impact to the traders here in our country is really big! Other exchanges are keeping it online however, the Binance itself is connecting to people that's why it keeps growing! Binance is not just a good exchange, it's a good company as a whole  Smiley

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