Crypto Coins News - Ratings - Reviews
Binance Crypto Exchange Rating D-
February 8th 2018 Binance went down for the long count, the question is will it get back up.
It was one of the larger Asian exchanges and doesn’t have the usual problem many exchanges have that being the dependency on fiat to fuel growth such as Coinbase in the USA that has lost the ability to process it’s credit card purchases of crypto.
Binance has had many issues, such as not being able to scale this whole year to meet new clients.
However, it was a favorite of many crypto traders, since it has been pretty easy in and easy out up to a very limited amount of 2 BTC a day, which is a minor amount for a larger trader.
So Binance was great for taking many coins in and then sending many coins out.
However, today when it went down for almost the whole day and has yet to reopen has led us to downgrade the crypto exchange to a low D-.
Bitfinex has been graded an F due to the fraud issues involving USD Tethers which they created greatly harming their reputation.
Poloniex has been graded an F due to FRAUD it has been involved in stealing BILLIONS in STEEM POINTS from a vocal critic of STEEMIT and the heavy censorship that STEEM has and the fact that only two peole manipulate and control the whole coin.
Before today, we had high regards for Binance, so hopefully they’re not the first exchange to collapse as THE PROPHET OF CRYPTO warned once the Tethers scandal broke around 10 or so days ago.
We are expecting the collapse of many crypto exchanges as warned of by THE PROPHET who has an uncanny ability to predict future events involving crypto including the recent crash of Bitcoin into the $5K range which he predicted a couple of weeks ago.
THE PROPHET is calling for Bitcoin to now crash all the way down to the $1K range.