Binance is a cryptocurrency exchange, which has been the number one exchange. It popularity has been driven by the high volume of trading on the platform. However, Binance has also been on the receiving end of criticism.
There are a number of complaints about the fees charged by the platform, since the fees are high compared to other exchanges. There have also been complaints from traders about how easy it is to trade on Binance, with a lot of traders claiming that the platform is manipulative.
What could happen if Binance suddenly closed its doors? Many users would be left in a panic. The market would be left in chaos, with a lot of people losing money.
There are many people who are scared of the cryptocurrency market and the Binance exchange is no different. It is possible that Binance could close its doors for a period of time and it would be devastating for the cryptocurrency market.
If Binance were to suddenly close its doors, there would be a lot of people who would be affected. For the majority of people, their money would be gone. Many people would also be without a job because Binance is a big part of the crypto-economy.
Binance really have a vital role to play in the Crypto world and currently if there is no Binance I don't see how majority will cope because this however is the living source of where majority that are involved in cryptocurrency benefits from financially.