Have a look!įTX Exchange was established in May 2019 by FTX Trading Ltd. So, here is my list of the 8 best Binance alternatives for you. To make your life easier, I have listed some of the best alternatives that you can use to trade cryptos. users from September 2019, the hunt for the best Binance alternative has begun. Moreover, when Binance announced that they closing doors for U.S. ![]() It’s not rocket science, try and keep your eggs in different baskets rather than in one (i.e., Binance). But it is always good to stay cautious and skeptical and spread your risk by using Binance alternatives simultaneously. Therefore, it is wise to distribute your crypto portfolio across different exchanges and reduce your risk exposure.Įveryone loves Binance. An exchange may shut down, stop taking new registration, fraud, etc. This means that the safety of our wealth relies on the security and integrity of the exchange we use. We all have our favorite cryptocurrency exchanges, and we are heavily dependent upon them. Moreover, most of the exchanges we use to deal with crypto assets are themselves centralized and thus make them prone to a single point of failure. ![]() However, this lack of centralization and regulation also makes our money prone to fraud and theft. The crypto world allows us to enjoy the perks and privileges of a decentralized and distributed world where you control your money without any censorship. If your account is banned on Binance, worry not as there are a few sites similar to Binance that you can use:Īll crypto geeks agree to the fact that owning cryptocurrencies is all about being your bank.
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