When it comes to Binance, it was love at first sight for me, if that doesn't sound too cheesy. Anyway, I have entered this space in 2017, when the so-called cryptocraze had just begun getting into gears. Binance was the first cryptocurrency exchange I have registered with; Bitcoin was worth around $3K at that time. Back then, I was just a nascent trader, but my intuition, and the lack of greed, allowed me to ride the "green" wave up till it hit $18K, and then sell my BTC for a substantial profit, just before it all went crumbling. I've been loyal to Binance ever since.
J1n Ba0 January 26, 2021 Reply
I find it hard to come up with a thing that I don't like about Binance. It is a great platform with a very capable CEO that has put together a hard-working team that constantly comes up with marvelous solutions. While other cryptocurrency exchanges have a pathetically small range of offered services, which usually goes no further than spot and margin trading, Binance has already rolled out futures trading as well as lending and staking programs. Moreover, now I can purchase crypto for fiat directly on the platform.
Big Fred December 24, 2020 Reply
I think that no one would dare to argue that Binance is the fastest developing exchange at the moment. What I really like about Binance is that they are currently working hard on adding ways to purchase cryptocurrencies with fiat directly on their platform. For instance, just a few days ago, they have added an option to buy/sell cryptocurrencies with Euro, Russian Ruble, Ukrainian Hryvnia, and Kazakh Tenge. That's a great move to expand their user base in the post-Soviet countries.
Silent_Trader December 1, 2020 Reply
Although any progressive - and smart - crypto trader would agree that entrusting centralized exchanges with your coins is a risky endeavor, to say the least, I always try to give credit when its due. Binance was my first ever crypto exchange and I haven't found a better one since. The fact that it offers limit orders and discounts on fees puts it head and shoulders above the competition. Certainly, Binance's reputation was a bit hampered by that infamous 7,000 BTC hack, but I think they've recovered well. Besides, BNB is the rock star of this year's crypto market, so kudos to CZ and the team for doing a good job.
AxiomAnomaly November 23, 2020 Reply
Whether you like it or not, Binance is the most progressive, and one of the most popular crypto exchanges in the industry. They have done a terrific job this year promoting their platform, improving the infrastructure and functional capabilities, as well as introducing a ton of new features and trading options. Their mobile app is definitely the most convenient and intuitive among the competitors, so, basically, these are the reasons why I intend to give preference to Binance over other exchanges.
Wonderberg55 November 20, 2020 Reply
In all candor, Binance is currently the most reliable and efficient of all centralized exchanges. And it will retain this status until traders make a fill switch to decentralized platforms. And, by the way, Binance already launched DEX, so I might even consider staying in their ecosystem once it gets fully operational. My trading experience with Binance has been nothing but pleasurable. I definitely love the fact that this platform offers a possibility of placing a stop-limit order - it saved my **s on a number of instances.
CrypticFlesh October 15, 2020 Reply
I can argue for hours with anyone that would say that Binance is not the most progressive trading platform we have today. It has everything that both nascent and experienced traders need. The fees might not be the lowest, but they are definitely on the south side of the industry standard. CZ is doing a marvelous job of expanding the reach of Binance and adding new feats and stuff. I am a happy trader when I am not Binance, and I don't plan to migrate anywhere.
Jose9949 August 18, 2020 Reply
I would have to argue that Binance is by far one of the finest exchanges in the crypto space. It offers very reasonable trading fees, an abundance of instruments, such as margin and futures trading; it has a proprietary decentralized exchange and has recently launched the Binance JEX with up to 100x leverage. Not to mention the lending program which would also enjoy a fair share of success. I like their mobile app as well - thanks to it, I can trade on the go, even when I am not in front of my computer.
Taylor April 8, 2020 Reply
I am sure that nobody does a better job of promoting cryptocurrencies and crypto trading than Changpeng Zhao and the Binance team. The year 2019 was brilliant for BNB and the Binance ecosystem in general, and there will be no stopping them in 2020. I hope you read the New Year message that Binance posted on Twitter. They are planning to incorporate 180 fiat currencies and acquire a bunch of tech startups.
Falcao January 3, 2020 Reply
I was super excited after I found out that Binance had introduced an option to buy cryptocurrencies using Visa/Mastercard credit or debit cards directly on the platform. That's a really big step forward in the development of this particular exchange. As of now, you can buy BTC, ETH, XRP, LTC, and BCHABC through the payment gateways called Koinal and Simplex. Also, there is also a possibility to purchase such stablecoins as Paxos and TrustToken via bank transfer. All in all, it's great to be a trader on Binance now.
$tan October 2, 2019 Reply