Post
Topic
Board Altcoin Discussion
Re: Why the hate on binance exchange
by
Vinaa77
on 23/07/2021, 18:18:44 UTC
I've heard some complaints regarding it being too complicated or concerns regarding ties with China. Binance also lists a lot of tokens, some of which gain and lose their liquidity rapidly (Shiba and others) causing people to lose their money.
I think it's a bit reasonable for people to experience losing their money on a coin like Shiba, because it's a very large supply meme coin and it doesn't have any real advantages and general functionality, so it's easier to lose liquidity.