Post
Topic
Board Trading Discussion
Re: Binance lots of FUD
by
goaldigger
on 14/12/2022, 19:54:50 UTC
It looks like Binanse did an excellent job with the test, ensuring uninterrupted withdrawal on customer demand, which was a consequence of FUD. And after this FUD disappears completely, Binance will receive even more traders and, accordingly, even more funds that will be transferred from other cryptocurrency exchanges.
So far, they are doing well, indeed the last few days there has been a lot of hype around binance, but as we can see, nothing terrible has happened. And if everything ends well for binance, then this will eventually be a positive moment for them, because they will prove in practice that they could cope with the withdrawal of any volumes.
This is a good chance for Binance to prove their worth and their strong support system, they are very genius when it comes to handling their crypto work and securing the site will always be their top priority aside from going all over the country. This FUD will surely make Binance more reliable and most trusted crypto exchange, but I agree on not putting too much money on exchanges and still advisable to have your own wallet. Binance should also assure the safety of the funds after making such big withdrawals.