Binance is known as one of the biggest exchanges in the world, Changpeng Zhao is its visible face, and everything looks very nice, but in reality it is not so.
I've only had to do a little research to find criticism of the exchange, with users branding scam project and Scammer's CZ.
Here are some of the links I've found with information about it.
From users who have lost their money and have not recovered it, to the terms and conditions of Binance, through Hacks / Thefts such as the one that occurred on May 19. Regulatory agencies are behind CZ, it will be for something. There are more Exchanges on the market that can perform better than Binance, charging less commissions and being more effective.
In addition Binance is the main precursor currently that in the world of Cryptocurrencies the use of Shitcoins is encouraged, by having its own ecosystem in the Binance Smart Chain, that is not counting the immense amount of scam projects and scams that flood this network.
The question is. If Binance disappears tomorrow, will Pancakeswap and as many other projects that work on the BSC network disappear as well?
They will be able to offer very good APR and APY, but I with my money do not play, and to invest it in a project which does not give me guarantees, it seems safer to move my funds to other projects and blockchains more stable, secure and with more projection.
And while Binance and the BSC seem very succulent and pretty on the outside, on the inside they're full of dangers, scam and shit.
