Review on Binance by LUIS RIVERO R
I have been using these crypto exchange houses for a while and it seemed to me…
I have been using these crypto exchange houses for a while and it seemed to me very practical when using it because in a simple and quick way you can diversify the currencies that you have. so before any exchange I prefer this to those who have not yet created their accounts here. they should do it
Updated 5 years ago
Rating changed from 5 to 3
Currently there are some accusations that binance uses bots to inflate the market value.
Platform available for mobile application with real-time exchange.
A decentralized exchange was recently added to your service portfolio, which, to be honest, I do not consider to have certain privacy features.
This platform is accused of collecting data from users, PC, connection time, IPs among others. Currently it is not private.
It currently has a highly inefficient and slow customer service.
This platform suffered a hack, causing losses of more than 40 million dollars, including the reorganization of the main bitcoin chain to return the funds to Binance, which was not appropriate since BTC and the cryptocurrencies would generally be credible. however, the funds were covered by one created for this type of eventualities, as an emergency.
Security committed, and multiple users with complaints in the negotiations this is what can be known about Binance so far in 2019
Pros
- It is easy and practical to use the applications and even the page. super fast at the time of making a sale. many coins listed
Cons
- It is very expensive when retreats are made. the verification system leaves a lot to think about
New products
Comments (4)
July 11, 2020
Hi Luis, I liked your reviews. Good point. It seems to me that some exchange houses lend themselves to irregularities in their server, lowering the quality of their security, I also think that their level of quality is compromised and the user deviates and goes through other exchange houses that give a better impression. For this reason, they must take into account that they must improve and maintain adequate service.
May 18, 2020
Binance shows that it understand the blockchain market very well and what the users need. From time to time it keeps on adding new features to its platform so that it will continue to be attractive to both old and new customers.
