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Why Binance may lose its popularity! Stay away from new coins!

okolak

How are you all? I hope everyone is doing well, today I will try to talk to you about a very important topic, Binance is a very trusted Crypto exchange market of the present time, Binance not only provides security to its customers' funds, they also provide security to their customers' funds from fraudulent coins, Like now fraudulent coins are launched in almost all markets, And users invest in those coins, then those fraudulent coins sell their own coins and flee the market, As a result, users suffer huge losses, But Binance is the opposite, here any coin launch becomes a challenge, Coins are launched subject to various conditions, where other exchanges launch a large number of coins every week, Binance comes with 1/2 new coins,

Image collect Pixabay

But now the problem is that we have been launching unlimited coins for about 6 to 7 months,

Where before Binance used to announce a coin 10/12 days before its launch and Launchpool Mining was running for almost a long time, and Miners used to be very curious about when trading would start in the market! And now it's completely the opposite!

Now announcements are made 1 day before any coin hits the market, and 4/5 coins are hitting the market at once!

And the new coin Launchpool Time is 1 to 3 days,

But one of the worst aspects is that Binance has recently brought coin listing through voting, which we used to follow in small markets, Binance is now following small markets,

The bad side of listing coins through voting is,

Currently Binance can only launch coins through voting,

Using this good side, some fraudulent coins are buying votes,

Image source

And I think this is a bad decision for Binance,

A Meme Coin was quite trending in the market on the occasion of Ramadan Mubarak Coin, the surprising information is that this coin has also been Binance Listed, it is a MemeCoin, a

And if we look at Binance Last New Listing Coins,

Very bad performance, day after day only going down,

Those who invest during the new listing, it becomes a dream to recover their losses,

So I think Binance should only protect users from having their funds stolen No, we must also provide security from being a victim of temptation,

These things should be taken into account,

I hope everyone understands!

I am ending here today, everyone stay well


36.335 SRY$0.00
Khmer Crypto

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