Post
Topic
Board Exchanges
Re: Binance-scum?
by
1Referee
on 13/02/2018, 13:51:37 UTC
It is not clear from your post just what you think the situation is, and what we are supposed to respond to.

He is probably referring to the shitload of fud that was thrown at Binance after their lengthy maintenance phase. People kept spreading fud and whatnot, and that while prior to that Binance has always worked fine, and that without many problems, which is indeed a good point. McAfee, the clown has also been part of the fud attack against Binance during their maintenance phase, and that while he knew that they were just performing maintenance. From all the crippled exchanges in this market, Binance fits in the top five exchanges that are seemingly the least crippled.

The only thing that worries me though, is that they have managed to grow insanely fast in such a short period of time. Sure, Chinese exchanges shutting down may have largely contributed to that, but I can't really figure out what it is that makes people flow into Binance aside from that. Exchanges as Bitstamp have a long track record of being a reliable platform, but that's something we can't yet conclude when it comes to Binance. In that regard, it will be interesting to see how they handle further growth in the coming months/years.