Is binance safe to exchange your currency

#1
Hi, New to forum
Try search information on this before posting
Relatively new to crypto investing. Picked up shares coin base.
Now want to buy Ripple. Try sign up Kraken, two weeks later still having issues.
Just registered Binance and want to send Etherum from GDAX, so I can invest other currency like Ripple.
Just read security comment on their site 'they have a lot of activity and not responsible lose currency.
If course major flags
Any recommendation to use Binance.
Other suggestions use other Binance other currency like ripple, iota? Karmen long time & getting a lot site issue errors
Thank you
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Re: Is binance safe to exchange your currency

#2
MarkB wrote:
January 7th, 2018, 12:43 am
Hi, New to forum
Try search information on this before posting
Relatively new to crypto investing. Picked up shares coin base.
Now want but Ripple. Try sign up Kraken, two weeks later still having issues.
Just registered Finance and want send Etherum from GDAX, so I can invest other currency like Ripple.
Just read security comment on there site 'they have a lot activity and not responsible lose currency.
If course major flags
Any recommendation to use Binance.
Other suggestions use other Finance other currency like ripple, iota? Karmen long time & getting a lot site issue errors
Thank you
You should seriously look at KuCoin. It's a Chinese based exchange that was just created one month ago. Superior to Binance in all facets. Great customer service, bank-tier encryption (high security), good UI, and an even better referral program.

If someone uses your referral link when they sign up to KuCoin, you will receive 20% of their trading fees.
This extends to 3 degrees of separation. Meaning if they refer someone, you will also incur a small portion of that person's fees. Repeat once more.
Why would someone use some chink exchange called KuCoin? It is going to rival Binance in the very near future.

Much of Binance's popularity comes from their BNB token. KuCoin has a much better version of the BNB token. Anyone who holds KuCoinShares (KCS Token) will receive dividends of the exchange's trading fees.

90% of KuCoin's trading fees go to customers. 50% to KCS holders and the rest to referrals. Right now KuCoin exchange only handles 30m in daily volume. Binance went from 30m to 3b in just several months. And KuCoin is better in every way.

If you hold 10,000 dollars worth of KCS you will receive 100 dollars per day in dividends if the exchange reaches Binance levels of trading volume. Not to mention, the value of KCS is expected to rise exponentially as the exchange grows.

You can register, here. Check it. Absolutely recommendable.

https://www.kucoin.com/#/?r=1tQ5s

Good luck and good profits!!
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Re: Is binance safe to exchange your currency

#3
MarkB wrote:
January 7th, 2018, 12:43 am
Hi, New to forum
Try search information on this before posting
Relatively new to crypto investing. Picked up shares coin base.
Now want to buy Ripple. Try sign up Kraken, two weeks later still having issues.
Just registered Binance and want to send Etherum from GDAX, so I can invest other currency like Ripple.
Just read security comment on their site 'they have a lot of activity and not responsible lose currency.
If course major flags
Any recommendation to use Binance.
Other suggestions use other Binance other currency like ripple, iota? Karmen long time & getting a lot site issue errors
Thank you

Hello, Mark. I have a little experience with Binance but still got something to share:

Pros:
- Binance is a very young exchange (~6 months old) but it is showing a great volume grow.
- AFAIK, they have the lowest fees around.
- In my humble opinion, Binance has on of the best interface among cryptoexchanges. Much better than Bittrex and Poloniex.

Cons:
- Very young exchange. Must successfully work for ~1 year to prove that it can be trusted.
- They've recently disabled registration for new users.
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