Post
Topic
Board Altcoin Discussion
Re: 90% chances if a coin is listed in Binance it has a good potential
by
Mpamaegbu
on 02/06/2021, 16:28:54 UTC
What's your take on this, am I right or wrong?

Share your opinion.
My submission is that you're not absolutely right. I don't want to categorically say you're wrong so it doesn't rub off on you the wrong way. I once had Centra on Binance a few years ago and it turned a scam coin. Remember that coin promoted by Floyd Mayweather? That's it. I also have some shitcoins I have kept there for over two years now under a cent and they haven't done past that range since I bought them.

The major reason people rush to Binance isn't because there aren't shitcoins or coins which later got delisted there but for the fact that they believe Binance to be a very secured exchange they can trust with their funds. Getting a token listed on Binance isn't a guarantee that it will do well if it doesn't have utility.