Ten Reasons Your Binance Coin Is Not What It Could Be

Binance was hacked for $40 million this May, but the company quickly regained its losses and users were not affected. As the company grew, he became a prolific political donor, contributing more than $5 million to Mr. Biden’s 2020 election effort. It offers faster transactions and cheaper transaction speeds than Ethereum, but it is more centralized. Binance also offers two regional exchanges: Binance Jersey in Europe and Binance Uganda, meaning that investors outside of the U.S. Though there are several other options as well, binance.com these exchanges are operated by two of the most recognizable crypto companies in the world, both of which have a major U.S. Both exchanges appear to report legitimate volumes. Each exchange seems to report authentic trading volume, and each seems to have substantial liquidity. Despite their differences, each exchange has unique strengths.