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Re: a bomb is going to explode over Binance
by
bitmover
on 27/12/2019, 17:54:04 UTC
Binance has high liquidity, low fees and under 2 BTC/day they don't ask for KYC.
Whether we like it or not, this is all most traders may care about.

If the problems would be so big and annoying, people would leave.

Binance certainly was able to deliver what most users wanted. Traders and crypto enthusiasts don't care about AWS or whatever. If they do, they will just buy and withdrawal the funds.


About contacting the authorities.. Binance is in Malta nowadays, which afaik has quite a lax legislation. So .. good luck with that. If you have a proper concern, CZ is still your best chance.

They are expanding and moving to different countries. Maybe if there is a so huge problem as esol is suggesting, they could be stopped in US or other European countries. But that wouldn't change much, and binance would still be one of the best (or the best) exchange out there even if they would be limited to binance.com with no fiat pairs.