Binance was one of the exchanges who allowed Custodial Steem to be Powered up under the Justin Sun Accounts, leading to the HIVE fork.
Binance's listing of Sushiswap was unaudited, enabling a hype casino which basically lent the token sufficient credibility to create the biggest exit scam in recent memory.
And Tether is under investigation from the SEC for not repeatedly not being able to turn over documents which prove that the assets that they say are pegged to the value of USDT are accurately represented.
This means that if USDT is artificially inflated, or if it's shut down by the SEC, that all of the exchanges which rely on USDT would be put under some kind of duress, or be locked up on the exchange.
I use pro.coinbase.com, and I think that the /earn program on coinbase.com is pretty cool to onboard new people to cryptocurrencies.
But, the fees there are .5% to start, vs. .1% to start on Binance.
Binance is shady, but they are cheap and also they enable casino styled listings, like basically, if you get listed on Binance, you have a good probability of mooning.
Even though The opposite was actually true for HIVE.
As soon as Binance listings were available, Justin Sun sold his shares, which caused the first crash after the HIVE moon peak.
coinbase fees are really high, so i tend to avoid it.
Binance was one of the exchanges who allowed Custodial Steem to be Powered up under the Justin Sun Accounts, leading to the HIVE fork.
Binance's listing of Sushiswap was unaudited, enabling a hype casino which basically lent the token sufficient credibility to create the biggest exit scam in recent memory.
https://cointelegraph.com/news/to-list-or-not-to-list-part-1-binance-should-not-have-listed-sushi
Binance relies heavily on Tether
https://www.coingecko.com/en/coins/tether#markets
And Tether is under investigation from the SEC for not repeatedly not being able to turn over documents which prove that the assets that they say are pegged to the value of USDT are accurately represented.
https://www.coindesk.com/bitfinex-tether-nyag-hearing
This means that if USDT is artificially inflated, or if it's shut down by the SEC, that all of the exchanges which rely on USDT would be put under some kind of duress, or be locked up on the exchange.
.:.
I use pro.coinbase.com, and I think that the /earn program on coinbase.com is pretty cool to onboard new people to cryptocurrencies.
But, the fees there are .5% to start, vs. .1% to start on Binance.
Binance is shady, but they are cheap and also they enable casino styled listings, like basically, if you get listed on Binance, you have a good probability of mooning.
Even though The opposite was actually true for HIVE.
As soon as Binance listings were available, Justin Sun sold his shares, which caused the first crash after the HIVE moon peak.