To be honest with you - I was very strong on NEO and even Binance as of only 4 weeks ago. However - The ICO's that they host, and new coins on the exchange have almost identical Advisory boards.
Take a close look at BNB, HCC, HSR, LLT, NEO - Also take a close look at the names on Binance -
I believe that Binance and their coins will be profitable at first as many have shown enormously intriguing gains - However unless you reside in China - and are an official Citizen - BEWARE!!
Binance was slick by timing the NEO PUMP with the Binance launch which included initial free trades - Then the BNB coin seemed fishy even though other exchanges have had their own coins as well - Holding BNB provides you with "discounted trading fees, also provides you with additional resources -
Binance has been cherry picking their Altcoins to list on the exchange - Aside from BTC, ETH, and LTC which every Exchange in the world has on it - take a look at the other coins... NEO - China, BNB - China, HSR, HSS, OMG - All Chinese coins that are backed by huge Chinese corporations.. They all have pumped hard at least once or for a week straight... Their Voting of coins to be listed - seems... Odd. Maybe 5 out of 20 on the list as of yet are in the top 40 in Market Cap - Where is Dash, NEM, XMR, LSK, BTS, STEEM??
Is it smells fishy - Most likely it is fishy
Profitable for China Outsiders - Possibly - But something going on with Binance IS NOT RIGHT!!
Loopring just sounds sketchy to me as well - your coins never ever leave the blockchain - no personal wallets (for your protection) nope! For manipulation..
Hopefully I am wrong bud but be careful with the Advisory Board Name Dropping and all the familiar faces Advising on 10+ different coins
RE: Founder of Neo is an Advisor for New Protocol & Decentralized Exchange called Loopring!