So far Binance was a rogue exchange operating illegaly. Now the CEO came to the bright conclusion, that if they want to conitue operating, they have to get a licence in each country. I wouldn't be surprised if Binance turns soon the new Mt Gox. I just wonder what is the IQ score of those traders keeping funds on that exchange. Trading bots there are one big hell of a mess. I really doubt any of these bots can bring a profit for a longer period. Especially judging by the most trades of magnitute 0.00x.

Since the market losses in the last 2 months are above $50 bil, I can only imagine the misery of these n00b traders, esp. in binance.