Quote from: installer on July 04, 2019, 06:17:07 PM

Binance is here to stay and it is definitely one of the best exchanges that are operating at the moment. They are listening to their audience and always make improvements in their project. Moreover, they are always adding new, outstanding features like margin trading.

Binance has been doing good since launch. They've been expanding at a slow and steady rate. Considering how much trust they've earned from people in the mainstream world, Binance could become a fierce competitor against established giants like Coinbase and Gemini. Its BNB coin not only has its perks, but it's also useful for interacting with Binance Chain and the DEX. If we look at how big Binance is right now, it looks very unlikely that its "Reign" will end anytime soon.

Even with US regulations, Binance seems to always find a solution for its customers. The platform will suspend trading for US customers by September 2019, but it'll re-open later. Being regulatory-compliant, is key towards long-term stability and success across the mainstream world. Where other exchanges fall, Binance takes the lead as the world's #1 crypto exchange.

Nonetheless, Binance's stance would be much of a concern to crypto enthusiasts as it's prone to become a monopoly within the future. If that happens, then crypto will become highly centralized like never before, in the hands of Binance. Hence, it's good for Binance to grow as an exchange, but not as a monopoly that would dominate the whole crypto industry. Just my thoughts Grin