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Author Topic: Which exchange is more popular currently?  (Read 9204 times)

Online kulkhan

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Re: Which exchange is more popular currently?
« Reply #60 on: October 18, 2024, 10:46:16 PM »
There are many Cryptocurrency available in cryptocurrency market. So people can easily Buy and sell their coin, and token. I think Binance is best. Binance is biggest cryptocurrency Exchanger in the world. I am using Binance since 2016 and till now i didn’t face any kinds of problem till now.

So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
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Re: Which exchange is more popular currently?
« Reply #60 on: October 18, 2024, 10:46:16 PM »

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Offline smartaction

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Re: Which exchange is more popular currently?
« Reply #61 on: October 20, 2024, 06:23:11 AM »
There are many Cryptocurrency available in cryptocurrency market. So people can easily Buy and sell their coin, and token. I think Binance is best. Binance is biggest cryptocurrency Exchanger in the world. I am using Binance since 2016 and till now i didn’t face any kinds of problem till now.

So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.

Everyone who is involved in cryptocurrency knows Binance very well. I think Binance is the best for me to trade cryptocurrency. Binance till date has never seen any major problem or account hacked.But anything is not safe if it is not secured by itself, so one should be careful about security. Binance is very popular for me which is why I have been using it since the beginning. Hopefully something better in the next few years.  Benefit from Binance.

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Re: Which exchange is more popular currently?
« Reply #61 on: October 20, 2024, 06:23:11 AM »

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Offline Z-tight

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Re: Which exchange is more popular currently?
« Reply #62 on: October 20, 2024, 11:24:06 PM »
So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
Yeah, a lot of people use binance, i just hope that most of them use binance only for trading and they don't buy all that sAfU bullshit. I noticed it with some people that when they 'trust' an exchange, they begin to leave their funds in it, i usually recommend that people should not trust exchanges with their money, self custody is the right way to store your BTC.

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Re: Which exchange is more popular currently?
« Reply #63 on: October 21, 2024, 07:46:19 AM »
So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
Yeah, a lot of people use binance, i just hope that most of them use binance only for trading and they don't buy all that sAfU bullshit. I noticed it with some people that when they 'trust' an exchange, they begin to leave their funds in it, i usually recommend that people should not trust exchanges with their money, self custody is the right way to store your BTC.

Binance doesn't need to spend money of promotion. People tell about it just that

Offline libert19

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Re: Which exchange is more popular currently?
« Reply #64 on: October 22, 2024, 07:27:45 AM »
So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
Yeah, a lot of people use binance, i just hope that most of them use binance only for trading and they don't buy all that sAfU bullshit. I noticed it with some people that when they 'trust' an exchange, they begin to leave their funds in it, i usually recommend that people should not trust exchanges with their money, self custody is the right way to store your BTC.

Binance doesn't need to spend money of promotion. People tell about it just that

This is so correct, it has become natural to recommend Binance if someone asks which exchange they should use.

So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
Yeah, a lot of people use binance, i just hope that most of them use binance only for trading and they don't buy all that sAfU bullshit. I noticed it with some people that when they 'trust' an exchange, they begin to leave their funds in it, i usually recommend that people should not trust exchanges with their money, self custody is the right way to store your BTC.

Self-custody indeed takes the cake, but Binance do have safu fund and address is public [1], no wonder why people trust it.



[1] https://academy.binance.com/en/glossary/secure-asset-fund-for-users

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Re: Which exchange is more popular currently?
« Reply #65 on: October 22, 2024, 11:47:20 AM »
So Binance is more popular and gradually it’s popularity increasing. So my first choice Binance. I think most of the people will tell same things.
Yeah, a lot of people use binance, i just hope that most of them use binance only for trading and they don't buy all that sAfU bullshit. I noticed it with some people that when they 'trust' an exchange, they begin to leave their funds in it, i usually recommend that people should not trust exchanges with their money, self custody is the right way to store your BTC.

Binance doesn't need to spend money of promotion. People tell about it just that

This is so correct, it has become natural to recommend Binance if someone asks which exchange they should use.

Though for me, it's a bit clunky.
I would rather choose OKX ;D

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Re: Which exchange is more popular currently?
« Reply #66 on: October 26, 2024, 10:10:24 PM »
I still don't expect this from the people in asking questions like this, when we all know that binance is the most recognized centralized crypto exchange all over the world, but that doesn't change the fact of the way they are not the best advised means of holding our asset for the best of our own safety, non custodial means is far better than to use a custodial exchange.

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Re: Which exchange is more popular currently?
« Reply #66 on: October 26, 2024, 10:10:24 PM »


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Re: Which exchange is more popular currently?
« Reply #67 on: October 26, 2024, 11:11:55 PM »
Binance s still the leader in terms of popularity but their dominance is slipping from 52% to the current 42%

Quote
Binance, the world’s biggest crypto exchange, saw a 13% year-over-year decline in spot trading volume from 52.5% in October 2023 to its current 39.5% market share.
https://cointelegraph.com/news/binance-crypto-com-lose-ground-dex-rise

The other exchanges, like Bitget and OKX, are slowly moving forward because of their collaboration to influencers and continuous marketing, but Binance I'm sure will come back because they are the most innovative exchange and has introduces many of the exchanges' best features.
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