Binance Will Temporarily Disable New User Registrations

in binance •  7 years ago 

i saw this coming from a long way. Now after bittrex binance also closes its doors for new comers. These centerlized exchanges are also feeling heat
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They were the easiest (among Coinbase, Bittrex, Poloniex, Gemini, or Kraken) to create an account in since you could start trading without validation. They could easily have people with multiple accounts and fake accounts trading.

exactly this is what happened server system is collapsed due to too much traffic