# Binance,Cardano **URL:** \ **Category:** Education\ **Created:** [8 June 2023 10:06 UTC](https://forum.cardano.org/t/binance-cardano/118659 "2023-06-08T10:06:34Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![Vaeran](https://avatars.discourse-cdn.com/v4/letter/v/e68b1a/32.png) [@Vaeran](https://forum.cardano.org/u/Vaeran)\ **Post date:** [8 June 2023 10:06 UTC](https://forum.cardano.org/t/binance-cardano/118659/1 "2023-06-08T10:06:34Z")
is it true that Binance will stop trading Cardano pair, what do you think will happen to Cardano after Sec’s statement? ---
**Author:** ![Zyroxa](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/zyroxa/32/17790_2.png) [@Zyroxa](https://forum.cardano.org/u/Zyroxa)\ **Post date:** [8 June 2023 10:33 UTC](https://forum.cardano.org/t/binance-cardano/118659/2 "2023-06-08T10:33:38Z")
I didnt see this news/announcement anywhere. Where did you read that? ---
**Author:** ![Terminada](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/terminada/32/80229_2.png) [@Terminada](https://forum.cardano.org/u/Terminada)\ **Post date:** [8 June 2023 11:24 UTC](https://forum.cardano.org/t/binance-cardano/118659/3 "2023-06-08T11:24:46Z")
If you think Binance is going to simply accept vacuous SEC assertions that various tokens are securities then you must also assume that Binance will accept all the other SEC demands. So I guess that then means that Binance will totally shut up shop, put itself into voluntary administration and liquidate all it’s assets. ---
**Author:** ![Neo\_Spank](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/neo_spank/32/35544_2.png) [@Neo\_Spank](https://forum.cardano.org/u/Neo_Spank)\ **Post date:** [8 June 2023 12:13 UTC](https://forum.cardano.org/t/binance-cardano/118659/4 "2023-06-08T12:13:42Z")
Hello @Vaeran CryptoSlate reported that Binance is removing 95 trading pairs. 👇 ![CryptoslateBinance](https://us1.discourse-cdn.com/flex023/uploads/cardano/original/3X/b/5/b5fc42890d3b07bbc9a6f037fc46a98a024e03ba.jpeg) ADA is not on that list. However, if Binance gets out of ADA permanently, that would actually be good for Cardano. Binance multi-pools would close improving decentralization. Some of that ADA would be kept of exchanges and delegated, maybe even helping Single SPOs. More ADA holders would have wallets that can involve them in voting, thus increasing community involvement. Reduce concertation of ADA, thus reducing a chance of 51% attack. Plus, if you check sites like Coin Rankings you can see that there are 80+ exchanges trading ADA at this moment, so no shortage of places to buy. > **[All Exchanges Listing Cardano (ADA) | Coinranking](https://coinranking.com/coin/qzawljRxB5bYu+cardano-ada/exchanges)** > > Complete list of Cardano (ADA) exchanges. Compare live rates, prices and trading volumes. Choose the best exchange for your next trade. The truth is that if crypto network is built properly, then it wont be dependent on centralized entities (such as exchanges) to exist. ---
**Author:** ![Vaeran](https://avatars.discourse-cdn.com/v4/letter/v/e68b1a/32.png) [@Vaeran](https://forum.cardano.org/u/Vaeran)\ **Post date:** [8 June 2023 12:31 UTC](https://forum.cardano.org/t/binance-cardano/118659/5 "2023-06-08T12:31:21Z")
Thank you very much, but even If ADA was on the list, that is only for the US Binance,not for the Europe one,right?One more think,why is so bad for crypto to be considered as a security?Thanks! ---
**Author:** ![Zyroxa](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/zyroxa/32/17790_2.png) [@Zyroxa](https://forum.cardano.org/u/Zyroxa)\ **Post date:** [8 June 2023 17:11 UTC](https://forum.cardano.org/t/binance-cardano/118659/6 "2023-06-08T17:11:48Z")
I think thats only [Binance.US](http://Binance.US). ---
**Author:** ![Salem](https://avatars.discourse-cdn.com/v4/letter/s/8c91f0/32.png) [@Salem](https://forum.cardano.org/u/Salem)\ **Post date:** [8 June 2023 17:27 UTC](https://forum.cardano.org/t/binance-cardano/118659/7 "2023-06-08T17:27:06Z")
its just that sec,the fed,us gov is so chicken of the crypto world because of the dollar going down in value and by printing of the greenback @ the fed office is not as fast they want ,more more faster and bigger is goal,but that benefits the crypto market this janet yellen dont want to happen that inflow of some trillions she wants to stop it before its nears the gold marketcap…after that taking a bite of the giant marketcap of forex fed can not handle this pain in their asses. they made a start with xrp case now focus is on the rest lets see how it plays out🤞 ---
**Author:** ![Vaeran](https://avatars.discourse-cdn.com/v4/letter/v/e68b1a/32.png) [@Vaeran](https://forum.cardano.org/u/Vaeran)\ **Post date:** [10 June 2023 07:26 UTC](https://forum.cardano.org/t/binance-cardano/118659/8 "2023-06-10T07:26:22Z")
Thank you, why is so bad for crypto to be considered as a security?Thanks! ---
**Author:** ![rin9s](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/rin9s/32/2220_2.png) [@rin9s](https://forum.cardano.org/u/rin9s)\ **Post date:** [11 June 2023 16:04 UTC](https://forum.cardano.org/t/binance-cardano/118659/9 "2023-06-11T16:04:21Z")
There are many reasons I think, and I’m not qualified to name them all, but I believe it revolves around treating Crypto as an investment device. i.e. something you only buy with an intention to sell it at a premium later on. So this ignores many of the intrinsic reasons people buy Crypto like - - Self custody - Payments and intl money transfers - **Utility!** is the most glaring one they ignore imo (most serious coins/tokens allow functionality and using Dapps etc.) Also, I’m \* guessing \* it helps them box it in, in terms of ownership, governance, and **legal liability**. I’m not sure, but I think it helps ignore the challenges brought up by the projects being decentralized. From [Binance](https://www.binance.com/en-NG/feed/post/606606) - > The lawsuit further asserts that ADA holders, including those who acquired the token after March 2021, were led to believe that their investment in ADA was linked to the development efforts of Cardano Foundation, IOHK, and Emurgo. Read into it what you will 💐 Cheers 🍻