Review on Binance by Prashin TV
Binance
Its the best exchange till now. And no, exchanges are only to do your trades. Always transfer huge funds back to your Hardware wallet for extra safety. I heard the Exodus wallet is also pretty good. You can check them out. In my opinion, Binance is one of the most trustworthy centralized cryptocurrency exchanges out there.
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They were able to avert disaster twice by spotting irregular trading activity early enough to take preventative action, with both the SYS coin and VIA coin API attack.
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On top of that, Binance has extremely deep pockets that allow them to cover any user losses during an attack. They are even putting 10% of all transaction fees into an insurance fund to protect against future mishaps.
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Pros
- More investors
Cons
- Want simpler UI
