Many people are saying that binance ranked was manipulated because they now acquired coinmarketcap, they are now rated 1st on coinmarketcap but the truth is binance exchange deserves to be ranked first, what's your take on this??
1. Binance exchange cares about their reputation
2. They offer the best customer supports
3. The exchange have high Liquidity and volumes
4. IEO don't fail on this exchange because the team do their own research on projects before listing
5. For many it's always about the money but for binance its about money, reputation and their customers
They have every right to keep making money if that's why many are mad with binance, as far as they are satisfying customer whatever they make shouldn't be your problem
Even before binance bought CMC, i still found that binance deserves what they have done in this market, the real projects in this market are expected to be listed on binance, it is stable and many more wonderful things. If you look at the current competitors with binance, can you see the difference, when binance is building their own ecosystem.
Even before it was bought by CMC, Binance was already in top of the list, they just improve more now that CMC was already owned by them.
There's a big difference already in the competition, the volume of Binance is way bigger compared to the exchanges following Binance in the listing.
For now, Binance is not dropping to $1 billion trading volume per day, that means they are making a lot of money in the crypto space and they can buy anything that will help improve their platform, and that's the reason why it's good to invest with Binance.