RE: Binance, best cryptocurrency exchange out there!

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Binance, best cryptocurrency exchange out there!

in binance •  7 years ago  (edited)

I love Binance as well. According to coinmarketcap.com, Binance is the second largest exchange in terms of volume https://coinmarketcap.com/exchanges/volume/24-hour/

My only concern is their local police. Isn't crypto currency trading illegal in China? I hope Binance can continue to grow but still that concern worries me. I typically to trade on Binance and immediately transfer my crypto to another exchange or my wallet.

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It turns out Binance is based in Hong Kong. It's safe to keep crypto on Binance, I guess.