LCXwire.com releases a controversial article on Binance regarding ongoing financial and regulatory investigations by many national entities of the Crypto giant. The article also summarizes the many benefits Binance brings to crypto investors and asks the question, will the largest exchange survive.
LCXwire.com has released a potentially controversial article "Is Binance Good For 2022 Day Trading | Money Laundering, Regulatory Issues Threaten Destruction Of Cryptoexchange Dominance", bringing some cause for concern, as the article may upset people who invest or buy cryptocurrency through Binance. More information and the article itself can be found at https://lcxwire.com/is-binance-good-for-2022-day-trading-money-laundering-regulatory-issues-threaten-destruction-of-cryptoexchange-dominance/
The 3100 word article examines the high and low points of the financial investigations by many national entities of Binance and whether these investigations will threaten its dominance of the cryptoexchange markeplace. The article provides an in-depth examination of the benefits of using Binance as a cyrpto trading platform as balanced against the potential fallout from existing financial investigations for individuals thinking about or active in trading cryptocurrency. In a thoughtful but honest manner a certain element of the article is set to spark discontent amongst cyrptocurrency investors and traders.
Below is a portion of the piece, which neatly exemplifies the controversial element:
Despite the accusations of insider trading and market manipulation, money-laundering and tax evasion, and possible violation of European Union securities laws, Binance continues to provide low rates and easy access for a world of current and potential crypto traders.
A spokesperson for LCXwire.com, Ron Packer, says "Of course LCXwire.com never sets out to intentionally upset anybody. The aim of our article is first and foremost to provide a fair and balanced discussion of the benefits of using Binance, balanced against the potential risks faced by the cryptocurrency exchange. It is critical, however, that we stay dedicated to our true voice.
Although our "Is Binance Good For 2022 Day Trading | Money Laundering, Regulatory Issues Threaten Destruction Of Cryptoexchange Dominance" article might unsettle people who invest or buy cryptocurrency through Binance, our duty is to our readers. We believe it's more important to provide accurate, truthful and relevant information to our target audience, than to please everyone. Which is notoriously difficult to do."
Although there has been no backlash as of yet, the possibility exists as the article may cause concern or consternation because many, many cyrpto traders use Binance as their trading platform and they may be upset to learn about the ongoing legal and regulatory investigations against the crypto exchange.
LCXwire.com has been a provider of in-depth articles in the Cryptocurrency market for since January, 2022.
LCXwire.com has stated the future aims for the website are to inform the unique community of crypto investors and participate in the ongoing discussions and controversy over the future of crypto. So LCXwire.com hopes any controversy will pass quickly and re-emphasizes no offense is or was intended.
LCXwire.com's complete article can be found at https://lcxwire.com/is-binance-good-for-2022-day-trading-money-laundering-regulatory-issues-threaten-destruction-of-cryptoexchange-dominance/
