GM fam. If you do trade on an exchange, wanted to ask you about your favorite option so far.
Last week I was discussing with some friends the benefits Binance offers: quick trading, minor crashes within each year, and also the liquidity it already has created over the years.
They told me they preferred more risky options and not the classic ones.
I regularly trade with [MT4 + Broker] tho.
Just curious about how you think the in-exchange trading is evolving at the moment with this topic or news like the one I shared below [read today].
Source:
https://tokenist.com/binance-trading-volume-now-larger-than-the-next-13-biggest-exchanges-combined/Binance is the biggest, if not one of the biggest and well known exchange in the whole crypto market. Anyone who has heard of bitcoin has very likely heard of binance too. When they look for exchanges to buy or trade crypto currencies, they will very likely have had stopped by at binance to have a look at the exchange. So it is very obvious that it will have one of the biggest trade activity volume.
So why does your friends prefer more "risky options" and not the regular well known exchanges? Sounds plain stupidity to me.