Binance compared to other Crypto Exchange.
Binance compared to other Crypto Exchange.
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let’s go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking.
Your opinion to how you see binance and bittrex in the next generation are welcomed.
I have used almost all of the Exchange to trade, especially Bittrex and Binance. Both of these exchanges are popular and have many members. But for now Binance is superior to Bittrex. Binance continues to grow with the support of many members and even today has many features that make it easier for people to buy Bitcoin and other altcoins. Binance is a very popular exchange now compared to Bittrex.
Currently binance is focusing on building infrastructure to help others eradicate their business in the binance blockchain ecosystem, which include facilitating exchanges, providing a secure and reliable exchange wallet, providing more or less liquidity margins and much more.
At present Binance has a new platform namely P2P which functions as an open market to facilitate direct trade between trading and buyer.
First of all, are you really pairing Binance and Bittrex in the same category? Binance rakes in about 5 billion dollars in daily trading volume on average and Bittrex? just about $50 billion. Granted, Bittrex was a market leader at some point in 2016/2017 but lost that spot to Binance due to their shortcomings with several bugs hampering their platform at the time. Even now, Bittrex offerings is no where near that of Binance. I’m talking about the overall trading experience on both exchanges (I’m a user of both).