Why defend that platform? They are scammers and some Bitcointalk members have informed some scam behaviors of @NominexExchange like cheating bounty hunters, locking up tokens and other things.
It does not matter if they have a relationship with Binance but this does not add to their credibility.
If Nominex.io has not solved the problem, this means that they will repeat this, whatever positive feedbacks.
I wish all to move away and stop using that platform.
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https://bitcointalk.org/index.php?action=trust;u=2704636Ops, thanks for bringing this here. So they did cheat with the bounty hunter by doing a lockup bounty coin for the period of 1 year. It's not good for an exchange. I have no relation with this exchange, Just used the exchange a few times and everything was smooth. So why mention the name here. Hope people will DYOR before joining.
I don't have any problem with current binance KYC implementation as I'm verified on that platform for more than a year and so far I didn't find any complexity nor danger towards doing that on their exchange that's why I prefer to use this exchange but your recommendation makes me think that there are also a platform that offer almost the same thing with binance so maybe I will look at it as I'm seeking an alternative where I can trade If I got bored staying at binance. By the way does Phemex and Nominex is new exchange since I don't heard about them even before?
There are scam accusations about Nominex , so it would be nice not to try this now.
Phemex is a good alternative to Binance, If you check the current volume it's very good. They have huge volume, liquidity, order book, good customer support, Well designed web interface, and an android application. It's very wise not to do trade only one exchange, So we need some alternative exchange.