What is the phenomenon of Binance?

[deucher]

There are many exchanges that provide the same functions and Binance is on this list, although it is the first and most popular among all. Many other exchanges that are just opening take an example from it, and with such a number of competitors, it does not lose its popularity. What is its difference?

 

[Riberet19]

I think this is all due to the large amount of marketing and advertising that Binance has carried out since its conception, I have seen this exchange advertised in all corners of the internet, unlike other exchanges which are hardly advertised, I think that is the main difference in terms of Binance's success compared to its competitors.

 

[Nomad]

What makes Binance apart from other exchanges is the availability of coins, features, and easy to use interface. If you compare Binance with other popular options, you will find that Binance is better. Coinbase does not have P2P just like Binance, KuCoin is just a copy of Binance, Uphold does not have as many coins as Binance.