Why the hate on binance exchange

[Jackl87]

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 think it is simply human nature to become sceptical or suspicious as soon as someone, be it a person or a company, has too much success and influence. So it is not really surprising that a lot of people are critical about CZ and his company. I have to say i don't know any BNB myself (except a small fraction for transaction fees on the bnb chain), but i still can acknowlede the success of CZ and binance, but I can also understand why some people have reservations about them. It is never good when one company or person in a specific area becomes to powerful and influential and i think binance has almost reached that level of influence now after they also purchased coinmarketcap.com.

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[traderethereum]

Binance as a big exchange makes many traders use that to trade and make a profit.
But some of them hate Binance because I think they have a problem while they use Binance so they tell about that to many people and say that Binance is the worst exchange.
I prefer to trade on Binance because we do not have to verify our account like the other exchanges but we should follow their rule to limit our withdrawal.
Many people make money from Binance and invite more people to join while earning some reward from the promotion.

[irsada]

The bigger the tree, the bigger the wind. maybe this word is suitable for binance which is constantly trying to be regulated by the local government. A lot of money laundering allegations can be made on Binance as they don't require a KYC for withdrawals even in large amounts.
apart from that I'm sure binance will find the best solution for their future in crypto.

[nomenclatur]

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's already a risk on the Binance exchange because there are too many users and becoming a top 1 exchange it will be one of the keys and the problem will be more and more the best there must be a problem trying to undermine the dominance of Binance to threaten of course to try to take down CZ so that the exchange can falter and it's possible that binance may crash and fall in the future it all depends on CZ.

[seramania]

like the old saying "the taller the tree, the more wind it blows" and that's exactly what binance is experiencing right now. being the biggest exchange many competitors from other exchanges want to be like binance in any way to get binance out of the way. this is pure competition so it creates hatred

[tulusikhlas]

The taller the tree stood, the faster I wanted to hit. that's a saying that will always be a benchmark for those who are successful in pursuing a career in any industry. just like what Binance is currently experiencing, they are in the spotlight because so far the Binance exchange is very friendly with anyone, beginners or even parents who want to start trading crypto. All were well received by Binance. that's one simple reason, the rest of the system I'm not very good at discussing the current situation.

[anandaijun]

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

Why do people chase Binance exchange, I think that Binance exchange is the best among other exchanges. I myself feel it right now. There is almost no shortage of Binance exchanges in my opinion.

[darahjuang]

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

Because it is good from various sides related to the transaction process. I thought so, so the binance exchange was hounded by many. One of my reasons is that teamwork in giving the best is their main asset. That's my opinion friend, and I also really like the binance exchange.

[Princejebs]

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 was going through a thread where someone was accusing Coinbase, he/she thought Coinbase was responsible and hating because most of the news were carried by coin desk and its co-owned by Coinbase.
This hate happens lots especially in success firms, either internally or externally.
You as an investor just need to stay away from media and focus on the technical and adoption, u believe CZ is not sleeping and will handle the rest diplomatically.

[no-ice-please]

I don't know if this is a plausible idea to you guys, but since Binance is dominating the market in such a hard way, do you think it is possible that highly regulated exchanges like Coinbase could be involved in Binance having trouble? I mean the best that could happen to exchanges like Coinbase is if Binance gets into trouble, users lose trust and switch over to another exchange. I wouldn't rule that possibility out.

[Rengga Jati]

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

Who are they?
A country or what parties?
fyi, Binance is also not allowed in my country because it is not regulated here.
But no worry, we still can use it.
I am also a user of Binance, this is the most used exchange so far I am using and I like this 

And about why people hate Binance, this is a very popular exchange, maybe the competitors, or people who have bad experiences with this exchange, or even some parties that don't like Binance because of the success. 
Let it be

[Bttzed03]

Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what?

It's a centralized exchange that's trying to have presence on different countries by setting up partnerships with local companies/individuals. How do you expect the country regulators to react? Implementing regulations isn't hating on anything.

Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far,

And this is what gets him into trouble. He dips his hands on matters that are highly regulated and fellows like you have no clue.

[indrakusumaindra]

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

Well i do remember when CZ said they are doing research to list only good compliance coin, but look what binance now list every useless coin in the market in the name of profit, he even delete the tweet because he dont do what he said.
Well i do think binance makes a lot of wash trading and also one of the greates exchange in the world which many country afraid people are putting money in there to avoid to tax.

[Bitcoinjheta]

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

We all know Binance is 4th strongest cryptocurrency in the digital world and only reason why they have been hunted for now it is because of money and power. They can do anything just to make money out of it and of course regulation are so strict but they have to consider it and can be solve by ways of giving and charitable amount for the country itself.

[yazher]

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's just how things work every time they see their competitors leaving them behind so fast, they need a thing to pull them back which means they need some kind of reason to get their customers. This is how hard the competition in the crypto market is because if you are succeeding, you will see lots of allegations thrown at you, but I doubt Binance Exchange will be affected by that. They already know that things like this will happen when they reach the level of greatness in this industry. they have always solved great problems in the past, so negative things such as this one will not affect their growth and popularity.

[coin-investor]

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

There's always hater on a successful project, probably competitors or late investors but you cannot argue with success, Binance has given us the best services in the industry, there are no serious accusations on Binance, the launching of their Binance smart chain to offer cross-chain greatly helped the industry to have a cheap and fast transaction.

[cabron]

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

There's always hater on a successful project, probably competitors or late investors but you cannot argue with success, Binance has given us the best services in the industry, there are no serious accusations on Binance, the launching of their Binance smart chain to offer cross-chain greatly helped the industry to have a cheap and fast transaction.

I think what he meant is the regulators (SEC and FED) that kept finding faults to binance just as it did happen recently which they were trying to pin the company for unauthorized operation in different countries and it's a not just violation but a criminal complaint. This operation I think is mainly trying to grip binance and the governments wanting to access databases which binance willingly comply with their regulations.

It's a coordinated effort of countries because it's not happening just in Thailand, Italy, and every other country.

[danherbias07]

There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.

[Pamadar]

There will always be an attack for the number 1. I mean, look at Bitcoin. Isn't it already a big example of so much hate in the crypto industry?
Whenever something goes up, a lot of things/people will try to bring it down.
Binance is a great exchange, no doubt. It's availability of different cryptocurrencies cannot be measured. It had listed almost every legitimate currency and had brought a lot of options for withdrawals and deposits. This kind of attack will just be a walk in the park for them.

That's true! Once you climbed up to the top then expect haters to comes up chasing you,

Regulations seen  a lots of success by this exchange they are trying to find ways to get something out from this business, by rules, they can make more laws or add rulings that may slow this exchange to exist, but the determination its owner showing that they are not giving anything up, as long as there are places that will allow them to exist they are here to stay.

[crwth]

What hate are you talking about? Is it all the regulations being reprimanded to them that they say that they don't comply? Or some sort? Many envious people probably aim to have the same thing Binance has and wants to copy and reach.

Anyway, I hope you include some sources as to why you are saying this. I can't seem to find hate other than regulations etc.