RT @brave: We're thrilled to partner with @binance to bring cryptocurrency trading directly into the browser. The new Binance widget makes Brave the only browser that offers integrated functionality for buying/trading cryptocurrency (in Nightly version today).
One of the largest roadblocks to mass adoption of crypto in general is that it's a PITA for most people to use. The UI in this environment is especially horrible. Anything that simplifies people's exposure and use with crypto is welcome in my eyes. That's one of the things that is so awesome about the Brave browser to begin with - it seamlessly introduces people to crypto through BAT, just by using the browser. This is just taking it further.
Being upset with Brave and Binance partnering with this widget is no different (right now) than being upset about Brave and Coinbase, or Brave and Uphold for that matter. It's nothing more than a widget. Using it doesn't allow Binance to track you anymore than going to Binance's site directly allows them to track you already. It's just a widget, and an improvement for helping bridge that crypto usability/UI ravine people have to deal with.
Brave is all about privacy. That's what it's built on, but this is nothing to be concerned about. Go look at the code (freely available on Github). It's a simple widget, created by Brave. You can use it or not, and it doesn't degrade Brave's privacy either way. I'm a fan of this, but I'd be even more of a fan for allowing direct BAT transfers from our online wallets to Binance or Coinbase. ;)
No. Satire is often used to expose and ridicule an issue/actor when powerholders and/or the media are unable or unwilling to do so.
It's only on Plebbit that you actually find people who see CZ/Binance as something good for blockchain. It will be a good day when they are cut down a notch or two.
lol, literally everything I said about satire is true, the fact that it's often used to ridicule when media is unable to, is beside the fact. The reason they get away with such ridicule is because they say up front, "Hey, none of this is actually true, it's just funny, so you can't sue us, because we aren't seriously making these claims"
Imagine if someone said something about religion, and you said, "Hey man, in case you don't know, religion is fake", and linked to a monty python sketch as your source.
As on point as it may be, it's still fictional. In the case of religion, we have plenty of objective evidence to show it's a scam. How about CZ? Where's the objective evidence that Binance is a scam?
I've never had any issue with Binance. Infact customer support were very helpful when I messed up and sent some monero to the exchange without the payment id (young and dumb), but it got sorted. I would never touch leveraged trading personally but that's just me. I also use Trust wallet (acquired by Binance in 2018) and shifted about a 3rd of my crypto there for security and staking.
I think this is a positive move, more eyes on the browser, hopefully more users over time.
I made the move when I wanted to exchange some of my dai to bat on coinbase but coinbase was literally 3 cents higher, not to mention coinbases crazy high fees. BinanceUS has a lot of volume too, the only thing coinbase is good for is easy crypto to paypal convenience if you want to cash out that way, for everything else binance is superior.
This is a really bad idea and at the very least shouldn't be enabled by default. Ideally it wouldn't even be installed by default. The idea of integrating widgets into the new tab page is good but I don't want software from a company I don't trust installed into my browser without my say so.
This sets a very bad precedent on what you're going to install in future. It's very clear that this is motivated by money rather than functionality as in terms of onboarding new users a uniswap integration would be much better rather than forcing them through a whole new account setup for a company they've never heard of.
I strongly urge you to reconsider this feature. If you create an open standard for widgets so companies can create their own which get placed onto a extension store of sorts then that would be great but this definitely isn't. I use Brave so that I have a good experience without having to do a load of tinkering of a browser when setting it up which this goes against.
Hi SOLJEY, I wanted to clarify your statement regarding:
>I don't want software from a company I don't trust installed into my browser
You are of course free to disable this, but this software (the widget) was created by Brave (by myself actually). There isn't third party code running on the new tab page. If you'd like to inspect the code of this widget.
You can start here for the front end: https://github.com/brave/brave-core/tree/master/components/brave_new_tab_ui/components/default/binance
And here for the simple backend, which determines what TLD to select so the user is appropriately directed to binance.com or binance.us - https://github.com/brave/brave-core/blob/master/browser/extensions/api/binance_api.cc
Thank you for sharing your concerns, let me know if you have any questions about the code I've just linked.
Ok, fair enough. I had a quick look and it seems like it's just prefilling out URL parameters rather than any making any connection back to Binance's servers. I thought this would be allowing trades directly from the browser without being sent to their website.
But this raises another question: how is this anything other than an advertisement? You could replace this widget with a banner ad and the only difference would be that I'm filling in the currencies and amounts in the widget before I click through to Binance rather than after. How does this not go against the Brave ethos about rewarding users for their attention when it comes to advertising?
This widget should really be opt in.
I think most important thing is indepented BAT wallet, unlike Uphold requirement, or another cryptomarket. But probably Brave planing future. I don't think, they risk all their investment just for any company's pr work. I just want to belive this.
The whole userbase is aware of binance. Every user who downloads brave completely unfamiliar with crypto will see Binance.
It's like binance is getting advertising on brave without users getting anything.
Also that form of associaition can inflict reputation damage, the binance is not completely clean.
> the binance is not completely clean.
Yapp, Brave is too little yet, they have to settle with this peanuts partnerships first to strenghten themself for the promising future.(At least I hope they think really BIG)
My issue with leverage trading in this new financial space is that whales can manipulate prices, forcing leveraged trades to be liquidated in mass, funneling the assets into the exchange itself - rinse&repeat.
Binance is making a killing liquidating both shorts and longs, whatever is more profitable at the time. I understand that it's just how leverage trading works, but that's exactly why the concept should be discouraged.
We should be making new finance protocols, not recycling the same problems from fin1.0..
Awesome to see this progress - Although I stopped using Binance in favor of Coinbase a while back, I like this step towards buying/using cryptocurrency within the browser. Also, in light of this announcement people may critique Binance (for many reasons) and link that to Brave, but the fact remains that using the Binance widget within the Brave browser is still optional. Brave is constantly solidifying itself as the foremost privacy browser AND the foremost cryptocurrency browser.
Keep up the great work guys! BAT for paywalls next? ^pwease?
I dont like CZ, but I like BAT price going up!
Okay, I see there is a little fight about the exchange, i think i leave this here https://www.reddit.com/r/ethtrader/comments/fo7mgg/comment/flexj7u not my comment, but these are facts, disclaimer: I never used binance before and never lost money because of them, just read more negative things than positives.
CZ is lying scum. Binance was glitching/freezing human trading accounts and stoploss/spoof order hunting with his own company run algo bots last year. He even made a couple twitter posts saying the problem with glitching accounts was fixed and wouldn’t happen again and it kept happening. I went through shitty binance support(they use language barrier as a defense tactic) multiple times and they claimed to fix the problem with no chance of it happening again.
They glitched my account several times while in the middle of day trading substantial positions. I had multiple stoplosses and spoof orders that i manage and dont always want executed. They glitched my account while their algo liquidity bots raped my positions. Support agreed that my loss was their own fault for having “glitches” and agreed to send me compensation packages which ive never received. This happened to hundreds of traders last year and no one was compensated that i know of. Meanwhile the api bots on their platform were still active during these “glitches”, profiting off the backs of human accounts. Binance and CZ are the biggest crooks in the crypto industry and ill argue with anyone as to why i feel that way.
Man, that's terrible. I can't say I ever had any particularly good experiences with exchange customer support until recently - although the dude from CampBX back in the day really made an effort.
I'm not shilling, but in my experience Kraken really is a couple of cuts above any exchange I have ever used previously which have been bitfloor, CampBX, Gox, Cryptsy, vicurex, crypto-trade.com, BTC-e, & Poloniex.
lol you were trading on binance in an illiquid as fuck market with stops set on their books? what did you fucking expect dude. when you get stop hunted into a razor fucking thin book on one exchanges btc pair or god forbid some shitcoin, the slippage is going to be huge. this shit happens all day on regulated stock markets, so for you to expect different from a crypto exchange during times of super low volume is your own fault. you lost money because of negligence, not because of cz. life is a zero sum game dont blame your own stupid losses on someone else
Im well aware of the risks and am a successful trader when my account works. It had nothing to do with an illiquid market. I lost money because their platform does not run as advertised. I also set spoof orders to influence their bots, a successful strategy when shady shit doesn’t happen on the backend of the platform. I lost because my account glitched up and api bots took advantage of my positions. I wouldn’t be mad if the bots also froze during these 5 minute downtime glitches. Binance support even agreed that my losses were due to their site “glitches”, even reassured that the problem was absolutely fixed, and it still happened several times. A very easy lucrative scheme from an unregulated shell company to make some easy profits if you ask me.
Ive definitely learned from my mistakes of trusting binance. And im here to persuade anyone else from making the same mistake. Binance is shady and not a trustworthy trading platform.
Have fun losing money? Ok kid.
I noticed you dropped 3 f-bombs in this comment. This might be necessary, but using nicer language makes the whole world a better place.
Maybe you need to blow off some steam - in which case, go get a drink of water and come back later. This is just the internet and sometimes it can be helpful to cool down for a second.
^I ^am ^a ^bot. ^❤❤❤ ^| ^[Information](https://redd.it/exwvd4)
no, but they will hopefully integrate this soon along with coinbase. it only makes sense that you should be able to transact your BAT through the exchange which has a widget literally built into the browser lol.