Re:Bitfinex fails to perform promised audits
by rajacombinator on Sunday January 28, 2018 @05:19AM
(#16250678)
Binance is the best by a wide margin right now. Most stable, good tech, great job scaling, and lowest fees. The crypto market moves very fast though. “Standing the test of time” isn’t really a thing.
[ Parent
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Re:Bitfinex fails to perform promised audits
by argonaut on Sunday January 28, 2018 @07:44AM
(#16251049)
None of those things tell me Binance is safe. Binance is not even a year old! Low fees and the fact that their servers haven't crashed yet are hardly reassuring. Being based in China doesn't help me trust them either.
Re:Bitfinex fails to perform promised audits
by mobilefriendly on Sunday January 28, 2018 @09:27AM
(#16251401)
They are based in Hong Kong which has a different set of rules and legal system than mainland China.
Re:Bitfinex fails to perform promised audits
by rajacombinator on Monday January 29, 2018 @07:22PM
(#16261870)
Indeed, safety isn’t really a thing in the crypto market either.
Re:Bitfinex fails to perform promised audits
by simik on Sunday January 28, 2018 @03:03PM
(#16253141)
I don't know about scaling, at least technology wise. Their trading web interface maxes out my CPU core at just 4-8 tx/s. And that's usually the time of big movements, exactly when you don't want trading interface to freeze up on you.
Re:Bitfinex fails to perform promised audits
by CryptoPunk on Sunday January 28, 2018 @06:03AM
(#16250785)
It also has an ERC20 token so you can become a stakeholder in its success.