Post
Topic
Board Trading Discussion
Re: Intraday vs HODL
by
yvesp110
on 17/06/2019, 19:00:54 UTC
Always choose the most good exchanger that you can see on coinmarketcap with high volume of coins for sure people always trade on that exchanger but i referred to you use binance.
Nice of you to suggest one of most controversial exchanges out there. We talk about decentralzation right? But here we are making the things centralized ourselves.

We should stop using exchanges like that those who ask of KYC and those having their own tokens like Binance which is fed by trading fees reduction incentive. These are ponzi schemes ready to dump on your head from the big price when the owners of the token decide to cash out. Binance asks for huge fees for listing as well. They are nothing but robbers in the crypto space.

there are more other controvesial exchanges out there aside from binance . what happened to binance is only an accident but they sort the issue so cased closed for them  . binance is still considered as one of the best trading platform  . binance does not also necesarily ask for a kyc but they only ask kyc for big time account traders that trades with a bigger volume  . binance is centralized but i heard that they released a dex version   .
I think the pessimist discussion around the Binance Hack topic and the not investing approach of some people over the Binance exchange will not bear them any fruits. It is the market that determine your gains and Binance has gotten very huge traffic on the platform for trading and for transactions. So it is far better to invest and not miss out the important opportunity of making money in crypto.