Poll: Which Exchange Is Most Secure; Coinbase, Binance, or Kraken?

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Poll_Which_Exchange_Is_Most_Secure;_Coinbase,_Binance,_or_Kraken
  • WhaleChart asked the crypto community its choice for the most secure exchange.
  • Binance wins Twitter Poll against Coinbase, Kraken, and Crypto.Com. 
  • Previously, FUD mongers tried to bring down Binance but failed.

Despite the ongoing campaign of calumny against the largest crypto exchange, Binance, the crypto community still considers the firm the most reliable among other Web3 businesses. 

WhaleChart, a crypto influencer account on Twitter, posted a poll asking the community of crypto enthusiasts their choice for the most secure exchange among Coinbase, Binance, Crypto.Com, and Kraken. 

Nearly forty thousand people have seen the poll, and 47% of respondents voted for Binance. 

However, most of this month has been rough for the largest crypto exchange as some detractors tried relentlessly to ensure its failure by spreading messages of fear, uncertainty, and doubt (FUD). 

Yesterday, Changpeng Zhao, the CEO of Binance, took to Twitter to explain some of the motives of those spreading panic calls against the firm. 

Zhao argued that some crypto enthusiasts hate centralization in the Web3 space, regardless of how valuable the centralized exchange had been in promoting worldwide crypto adoption. The Binance CEO also claimed that people who lost funds to high-risk trades tend to unleash their anger at the business.

Zhao added that some people FUD Binance because their former favorite exchange collapsed, making them assume that every other crypto asset manager would be another impending scam. 

Last month, the one-time second-largest crypto exchange FTX went down with over $9 billion in customer funds. Its founder and former CEO, Sam Bankman-Fried, was recently arrested by the Bahamas police at the United States government’s request and was later extradited to the US.

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