Why the hate on binance exchange

[TheMimic1]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

[vv181]

Being the biggest cryptocurrency exchange means that all eyes focusing on it. Besides the strict government regulation, there is no wonder if the Binance crackdown is happening. Also, we need to look at the whole cryptocurrencies space in general, the mainstream is batting an eye on cryptocurrency, and the governments are focusing on their own CBDC. The government surely have their own motive to strictly regulate cryptocurrency.

[Bravehash]

I don't think regulations will work, if it will they would leave crypto the way it is not trying to force people to abandon crypto and follow central bank digital currency, the oy country that is crypto friendly most especially crypto exchange is U.K among others

[Renampun]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

I honestly appreciate CZ's hard work in raising Binance...

when something gets big out of control then the government will try to control it. currently, Binance is banned in my country but I am still actively using it because I trust Binance more than my country's government.

[no-ice-please]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

I honestly appreciate CZ's hard work in raising Binance...

when something gets big out of control then the government will try to control it. currently, Binance is banned in my country but I am still actively using it because I trust Binance more than my country's government.

Are you guys talking about Thailand's SEC criminal complaint? I don't know if they are even operating in Thailand, but it will be interesting to see how the Thai SEC is going to press charges against them. Are there any other criminal complaints against them?

[blockman]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

Are you pertaining to the governments that have been banning them? There's a basis for that hunt. There is some compliance needed and then they didn't follow what's needed to be followed. But there's also a reason that these regulators don't like to see Binance thrive in their jurisdictions. That is because they still see the negative side of cryptocurrencies that have been only seen before. But now that it is on the mainstream, they still see that bad side despite many change have been done by the people who have been using it.

[stadus]

The only way Binance will be taken down if they lose in a legal battle due to a serious offence against the law. They are one of the biggest exchange now if you still believe they are not the biggest, so it's normal to have a lot of haters most particularly coming from the competitors, they make millions of dollars on a daily basis, everyone would like to be in that position and it will not happen as long as Binance keeps dominating the trading volume.

[wxa7115]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

It is not really that surprising that this is happening and if anything I am surprised that it took so long, success always brings you enemies even if you did everything right and never did anything wrong.

But when we add that binance is moving a huge deal of money everyday and that their policies have been very lenient when it comes to KYC and other stuff that governments want to force on the people that are part of this market then it is completely understandable that a persecution against binance has begun, which should be a reminder of why we need decentralized exchanges to eventually take over as centralized exchanges could be taken down by governments at some point in the future.

[goaldigger]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

If you’re on top, your enemy will find its way to throw negative informations about you either to bring you down or to ruin your reputation and this is normal on every competition, dirty players will use dirty things just to beat you.

Binance is the top crypto exchange, it changes the way exchanges works and it continue to grow so I also don’t know why some people and some government are trying to destroy Binance, maybe they have a personal agenda with Binance, thankfully its not working because traders and investors still love to use Binance network and its platform.

[Pelana vreo]

Success crypto projects even exchanges like Binance will take a long time, I believe CZ is doing the best in the crypto space, having the biggest investors with the best crypto market caps since 2018, although we have seen some negative news about Binance Exchange but I still believe that exchange will always been on top exchanges for a long time.

[NewRanger]

If you meant about the regulation and goverments who have been targetting binance and it may caused by they were feeling jealous with the successful of binance exchange site but the main concern should be on the binance is a very very fast to expand its service to the various countries. Binance was investing in the various exchange sites that were dominating any countries.
that being said that those government and regulators getting worried caused by the monopoly that can be made by binance.

they see binance has huge income from its operation , and if didnt give something to local government ofcourse they will feel jealous. With the biggest trading volume in crypto market , i am sure binance have bilions profit in a year. Binance will be their target to get taxes in which part binance operate.

[Cherylstar86]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

Behind all those things happening, I guess there's a purpose and for all those hungry for money and power they will do things to pressure binance because of money. Their devious intensions will soon be revealed, because CZ's determination won't be shakin despite all the allegations of binance. This exchange popularity made them more envious, so they'll always find more errors rather than good.

[GreatArkansas]

I already using Binance since I started cryptocurrencies and one of the worst issues from there is their customer support.
So probably why people hating Binance is because of customer support, especially starting off the year 2021 when Bitcoin continues to rise, these are some tweets I saw on Twitter that claiming they got a very lot of backlog tickets that need customers support (I experienced this).

[bitkanu]

It seems they just hate success or what?

That could be the reason. It's clearly explained that in some article if the regulators are feeling worry if binance can disrupt their financial system. This is always used by stupid regulators to ban anything. what they can do was always corrupt. binance doesn't even need any IPO to expand its service and this time so many countries already had binance service operated.
They are hating to see the progress that has been made by binance exchange site.

[Johnyz]

That’s not hate and maybe, Binance did violate the regulations and that’s why they are being pressured.
Though Binance team is confident that they’ve done nothing wrong that’s for them to prove it.

Yes, Binance is a good and top crypto exchange but it doesn’t mean they are exempted from any investigations or what. This is also for the benefits of the user to ensure the security of our money, though for me Binance can handle this one and they are good enough for this.

[Twinkledoe]

That’s not hate and maybe, Binance did violate the regulations and that’s why they are being pressured.
Though Binance team is confident that they’ve done nothing wrong that’s for them to prove it.

Yes, Binance is a good and top crypto exchange but it doesn’t mean they are exempted from any investigations or what. This is also for the benefits of the user to ensure the security of our money, though for me Binance can handle this one and they are good enough for this.

Not the hate but with how much they are raking in the market, they become hot in the eyes of these regulators. But Binance has come a long way already, so I guess, they already know that this kind of situation will happen. They have all the resources to combat any problem that they may encounter. They can also make an arrangement if they need to. I don't think they are not doing their part to look for potential issues that they may encounter when it comes to their presence in the market. They have their own people to address these issues.

[maxreish]

Law regulations would be the reason why they are quite hot against binance. Though other country's prohibited the use of this exchange according to their flow of law towards cryptocurrency like the recent banned from UK. However, many countries still use Binance as this exchange proved already their good reputation.

And with all of those banned, I still prefer Binance as one of the best exchange in crypto. As long as my country doesnt yet implement some restrictions bout this exchange, it will still be my best choice.

[apa don]

To be honest, I'm also don't know why Binance is hated in some countries?. this is like a drama to stop binance's operations, as the number 1 exchange there will certainly be many competitors. I still support Binance. regarding regulations I think binance always adheres to those rules, so what's the problem with binance?

Yes, totally agree with all of that, binance exchange is not a hatred from these countries, but some of these countries are observing the Binance market asset why is it prioritized for investment.
and Binanceance's current exchange which is superior to other market assets, and Binanceance's asset market provides an easy way for investors to invest.
and just hope that in the future it will be even better, and there will be no more changes to the crypto market assets.

[WalkerIVIV]

I think that it's better for you to visit the news related to the accusation for binance exchange site and there are plenties of article that already mentioned the main reason why the government wanna try to call binance as a threat. I think that you will be also finding the reason why those regulators wanna try to call or hate with binance. Some may argue binance was potentially to did monopoly in the future.

[zachyboy090118]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon

No reason why binance need to be hunted. They seems one of the famous exchange. Im also using that exchange and so for no issue for me even buying or selling coin. Yes, we know that they start in illegal way but on the time they grow and used by many traders they pursue to be a legitimate and legallize as of today.