Why the hate on binance exchange

[aioc]

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

Nothing I can think of these are false accusations, Binance is doing great their latest innovation the cross-chain has given the community the best option to trade their token in the Ethereum to a much cheaper transaction fee, I've been using Binance for a long time, and just wished that all the tokens I'm holding will be traded in Binance, all the coins in their platform have potential and this is every developer's wish or goal to get listed on Binance.

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[Henrobakkara]

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

That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.  

[fileo]

It is very possible that somebody hate Binance because somehow it seems bias to list some tokens which looks not worthy than some tokens with real use case and full potential. Nevertheless, Binance remain the top exchange so far. But even it is the best not all listed are potential because there are listed in Binance and dump dramatically.

[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

That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.  

CZ has enemies because he expanded extremely aggressively and successfully and as far as I know he was also grinding quite on the legal and regulatory edge. He did comply with everything he was requested and required to, but he didn't go one step further. Institutional investors haven't been his goal and he also didn't target them. That is why he could get away with less regulation than, for example, Coinbase. They had institutional investors as their target group and had therefore to fulfill a lot of regulatory requirements. CZ bet on the right horse: the retail investors.

[Fredomago]

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

That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.  

CZ has enemies because he expanded extremely aggressively and successfully and as far as I know he was also grinding quite on the legal and regulatory edge. He did comply with everything he was requested and required to, but he didn't go one step further. Institutional investors haven't been his goal and he also didn't target them. That is why he could get away with less regulation than, for example, Coinbase. They had institutional investors as their target group and had therefore to fulfill a lot of regulatory requirements. CZ bet on the right horse: the retail investors.

CZ understand how the business works and how to compete well, there no way that he won't encounter competitors that will try to bring him down, taking the first spot always have bashers who wanted to take that place from you.

nows it and he made it sure that he will continue doing the right thing, until now he's still taking this spot and continue to rise up.

He will manage to work and continue to succeed even there are so many hindrances to encounter along the way.

[stadus]

Also, people in crypto hate centralization and Binance has built the most centralized and groundbreaking company in crypto.  Their use of the BNB token is something that will likely be studied in economics and business classes for decades to come.

And no one that is love by all, even bitcoin, it's hated by the government and some county even ban the use of bitcoin, so even if BNB has a lot of haters, what's important is it progresses and grow as one of the leading coins in the market.

Binance exchange is not fair. They usually become un-responsive at times when bitcoin is dumping or pumping. Recently they had a scam wick which moved upto 48K and liquidated lot of short position. These are the few things due to which people hate binance.

Binance can't please everyone, but on a day to day basis, Binance for me is a good exchange. Sometimes when the market is congested due to panic selling or buying, this usually happens, and it does not only happen to Binance, it only happens to other exchanges out there. Actually, if customers feel violated, they can report Binance since the exchange is regulated.

[aditasetia123]

In my opinion, not all traders hate the Binance exchange, instead Binance is the exchange place that many traders like because it is evident from the movement of cryptocurrency prices at the exchange that is very fast so that the coin and volume growth is very fast, maybe those who hate the Binance exchange are only people who are losing money from making mistakes on the Binance exchange.

just like social media account, in crypto market we also see haters to binance exchange whereas it have biggest trading volume in cryptocurrency market. But loser always have way to express their feel and we should not take it serious

Binance exchange is not fair. They usually become un-responsive at times when bitcoin is dumping or pumping. Recently they had a scam wick which moved upto 48K and liquidated lot of short position. These are the few things due to which people hate binance.

its work not only in binance exchange, we see it in other exchanges too. But i am agree binance must concern with this issue to save our trade position when binance traffice increase extremely.

[AliMan]

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

All those stories they took at binance isn't having strong fact checkings, so don't be easily bombarded on that accusations mate. I'm just the one like you who also liked binance so much, they provided me a lot of opportunities to trade and entrust my funds with them so there's nothing to worry all about. The legacy of binance is historical, we can't afford to ruin it by just rumors that's lingering behind their backs.

[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

All those stories they took at binance isn't having strong fact checkings, so don't be easily bombarded on that accusations mate. I'm just the one like you who also liked binance so much, they provided me a lot of opportunities to trade and entrust my funds with them so there's nothing to worry all about. The legacy of binance is historical, we can't afford to ruin it by just rumors that's lingering behind their backs.

CZ always want to comply with the government requirement. That's why they hate binance so much apart from gathering the data from the people in other countries.

And by what is happening today with binance limiting down to 0.06BTC for users who had not submitted KYC is going to make users hate the exchange. This is besides the hate of the government for allegedly operating illegally like how the Malaysian or Thai government is accusing binance.

[Mahanton]

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

This is what we do say that "you cant please everyone" and even die hard supporters or users would turn out to be salty when there would be such changes just like on what happened recently
when it comes to that withdrawal limit had been decreased where it did really get out some negative opinions and impressions towards the platform which i cant really blame them off.
Also this is just really ending up on users preference because not all would really be having the same thing in mind when it comes to favorites.Some do like BInance and some do like
Kucoin or other platforms.It will vary on what exchange suits out their needs and have good experience.

[kevindjunaidi]

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 Binance exchange is very successful and is the largest and most popular exchange at the moment, so they may be looking for an excuse to bring down Binance exchange, but it's not that easy to destroy Binance exchange, because there are still many people who believe and support Binance exchange, so I believe Binance exchange will remain the most popular exchange and survive until whenever, because only community can destroy Binance exchange, so as long as community still believe to using Binance exchange, then of course Binance exchange will never be destroyed.

[Hypnosis00]

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 Binance exchange is very successful and is the largest and most popular exchange at the moment, so they may be looking for an excuse to bring down Binance exchange, but it's not that easy to destroy Binance exchange, because there are still many people who believe and support Binance exchange, so I believe Binance exchange will remain the most popular exchange and survive until whenever, because only community can destroy Binance exchange, so as long as community still believe to using Binance exchange, then of course Binance exchange will never be destroyed.

This is the worse thing to expect when the competition got hated. I'll be expecting the other companies to ruin others for the sake to divert the trust of their users but unfortunately, Binance exchange still winning and despite that negative and fake news, people still entrusting them. This is a way to prove that Binance had dealt a great job for their users and they have to protect it no matter what will happen otherwise,  they all be gone.

[Traderbtcc]

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 guess that's the price you pay for being the biggest crypto exchange, Binance is also my favourite exchange in the crypto space since, I barely make use of another exchange, I'm just wondering why its been targeted by the government lately, I just hope they resolve the issue sooner or later, it's really sad that binance is now prohibited in some countries, seems like government always want to be in control of everything.

[Dewajuna09]

a lot of news that cornered the binance exchange. Binance's CEO already said that. if there are regulations it is ready. As the largest exchange in the world, you need competent people to handle Binance.

[MarjorieZimmermanGinger]

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

How not to be hunted this time of year, binance is able to provide real benefits to everyone, many things people get from them, so the decision to continue using binance is a must.

CZ is a smart person in my opinion, he can come at the right time and is able to learn the needs of people today, many things CZ has done over the years, so binance has won people's trust in decision making.

It is very appropriate if Binance is used as a reference for now, hopefully in the future it will continue to be perfected, if this continues to be developed then Binance will continue to feel needed in the crypto world.

[Galley]

Others' success will always have a lot of envious people. And the Binance exchange has reached a level where all views are focused on it, and they are not always kind. Many would like to get rid of it, as a competitor, or get money from them as taxes.

[Jaered]

Binance is one of the biggest crypto exchange and in fact, the biggest crypto empire having rolled 2 blockchains, DEX, AMM etc into a behemoth. So its natural to get all the flaks it gets. It comes with the territory. Its legal workforce should be top notch to navigate the territorial shark infested waters its going to swim

[dezoel]

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 might be two reasons why so much hate and focus has been on Binance lately.

1- Obviously competitors who want to bring Binance's brand value down by spreading hate and fake hoax.

2- Binance has been involved in a lot of controversies lately and they were even asked some questions regarding that by the SEC (U.S. Securities and Exchange Commission) so there might be some substance in those accusations against Binance and indeed they suspend withdrawals at curious times while some even complained about their trades not properly executing during the recent crash of the market.

[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

That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.  

CZ has enemies because he expanded extremely aggressively and successfully and as far as I know he was also grinding quite on the legal and regulatory edge. He did comply with everything he was requested and required to, but he didn't go one step further. Institutional investors haven't been his goal and he also didn't target them. That is why he could get away with less regulation than, for example, Coinbase. They had institutional investors as their target group and had therefore to fulfill a lot of regulatory requirements. CZ bet on the right horse: the retail investors.

This is an interesting observation but it seems that governments are not going to tolerate this any longer, they understand very clearly the power of bitcoin and they also understand that slowly but surely they are losing control of their economies due to all the money that they have printed in order to take care of the pandemic.

So they are trying to find new sources of revenue and the market of cryptocurrencies seems like the perfect spot to try to get some profits and with that in mind it makes perfect sense to begin with the biggest exchange that this industry has, however they don't seem to understand that many people are not going to be happy to comply and will move to other exchanges or even begin to use decentralized exchanges.

[justdimin]

can you post a proof if who is hating it ? because i cant seem to see it but what i saw are tons of people praising binamce .
there may be a thread here about comparing binance smart chain and eth but thay was not meant to hate the other  .
people are only expressing their opinion if which network they prefer during this time and the result are mostly in binance . when it comes to exchange binance is also the most recomened and prefer by users .

You can actually follow all the talk about Binance here: https://twitter.com/hashtag/binance

Of course there are Reddit subpages and other places but usually you will get a good idea of what's going on in the market at titter using the hashtags.

I have been using Binance for years now and I had no problems with them and even the verification was not forced on me but because I trusted the platform, I did it to avoid any problems in the future because of it.

I don't believe in all the hate on social media, the same guys talk shit about Elon, and the next day he tweets something else and they praise him.