Mar 4, 2023
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I actually like Binance, and this is why

Written by pinmin


A lot of FUD posts on Binance are being pushed up lately. I don’t know why suddenly because there isn’t real new data on their practices.

I come from a country where accessing crypto is not easy. Back in the days I started taking an interest in the ecosystem, most of the exchanges would not offer services to where I live. I know this may sound surprising for Americans or Europeans, but the rest of the world is quite wild regarding real freedom of access. Then, I found Binance. Surprisingly, they allowed me to invest, even with my own credit card. I won’t delve on the issues I had with my bank, who at the time claimed that they were able to cancel or delay any payment regarding to crypto, because I want to focus on the most important part: when I was finally able to buy crypto, Binance was the only place I could do it from.

In addition, I rarely had issues with moving out my funds, and I never kept any funds on Binance itself. Not your keys, not your crypto after all.

Binance gave me a unique opportunity to be part of the movement towards sovereign individualism. So when I see the FUD against it, when we all know that all exchanges around the world. This is true even for bonds or stocks, are the worst shadiest places in the world. Take a look at the thesis the guys at the SuperStonks have on Citadel and the market makers, look at the Robinhood debacle. In comparison, the news posted about Binance seem more like promoted articles funded by competitors…

submitted by /u/Specialist-Cherry-93
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