Quote from: yudi09 on Today at 08:34:56 AM

Quote from: Antotena on December 06, 2023, 05:46:28 PM

I think the reason why people are so comfortable with Binance exchange is because of the low patronage of scammers. Out of all centralized exchanges that I know and I have used, Binance take it's time to combat scammers which is good but I think they let their guard down by going into US main stream. If they have disallowed and ban US citizens, they might still be in operation and they can't come after them, this is they style some big exchanges have done and have avoided US problems for many years.

I also feel the comfort that I get when using the Binance exchange. This reason is confirmed by all Binance exchange users.

One point I want to convey despite all the problems faced by CZ people and this company is that it will not affect trading activities if an exchange as big as Binance closes and no longer operates because there are still other exchanges that can be used even though they are not as good as what users feel when using Binance. .
For Binance, if they want not to be expelled from the countries where they operate, they must be registered (follow the applicable regulations) so that they can both benefit.

Since its launch in 2017, Binance has worked to develop its services and products to become today a company that provides several services in the form of useful applications for the crypto community and not just a trading platform despite its wonderful features as a trading platform that you cannot find on other platforms.
Today, Binance is a leading company in its field, with several applications that no crypto user can abandon in the modern era. Coinmarketcap and trustwallet are two of the most popular applications that are owned by Binance. We also do not forget the BSC network, which also helped users launch smart contracts easier and use the network to carry out transfers much faster and cheaper than other networks.
There is no competitor in the market currently capable of competing with Binance, and therefore it will not be easy at all to think about the method of its collapse and the possibilities of its repercussions, even after the resignation of its CEO.