Jim Cramer Labels Binance \'Sketchy\' as CZ Claims ATH Trading Volume: What\'s Going On?
The cryptocurrency world is buzzing after CNBC\'s "Mad Money" host, Jim Cramer, once again voiced his concerns about Binance. He stated Binance is “way too sketchy” for him to use the platform. This comment reignites a long-standing debate about the exchange\'s trustworthiness, especially amidst claims of all-time high (ATH) trading volume by its CEO, Changpeng Zhao, a.k.a, CZ.
Hey there, fellow investor! Have you heard the latest news? The host of Mad Money, Jim Cramer, is cautioning against using Binance, the cryptocurrency exchange. CNBC’s notable newscaster, Jim Cramer, might quickly regret his tweet on Friday after the alleged FUD he intended to create backfired. The Mad Money host on CNBC made the statement following a CNBC appearance by former Commodities Futures...
Cramer\'s skepticism isn\'t new. The CEO of Binance, Changpeng Zhao, a.k.a, CZ, once again responded to CNBC’s “Mad Money” host Jim Cramer for his remarks that the trading platform was “too sketchy.” These concerns often revolve around regulatory scrutiny and transparency. After celebrating the bullish upswing in mid-March, Binance, the world’s largest cryptocurrency exchange was presented with another regulatory hurdle. The comment came following a CNBC appearance by former Commodities Futures...
While CZ continues to tout record trading volumes and a strong platform, the "sketchy" label from a figure like Jim Cramer can significantly impact public perception. This ongoing back-and-forth between CZ and Cramer highlights the challenges Binance faces in building and maintaining trust within the investment community.
Is Binance truly "too sketchy," or are Cramer\'s concerns overblown? The debate continues, with investors urged to do their own research before using any cryptocurrency exchange.