{"id":435,"date":"2022-12-17T09:28:13","date_gmt":"2022-12-17T09:28:13","guid":{"rendered":"http:\/\/localhost\/articles\/?p=435"},"modified":"2022-12-17T09:38:41","modified_gmt":"2022-12-17T09:38:41","slug":"binance-has-no-real-legitimacy-jim-cramer","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/","title":{"rendered":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer"},"content":{"rendered":"\n<p>After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In the latest development, Jim Cramer, a CNBC host, claims that Binance has no &#8220;real legitimacy.&#8221; He seems puzzled by the arguments of crypto market strategists that most of the cryptocurrencies have no value at all.<\/p>\n\n\n\n<p>Jim Cramer says that why these strategists are not asking people to sell their crypto assets as these are worthless. But still, he is fearing the future of the crypto market and says that he would trust his money more in DraftKing than in Binance.<\/p>\n\n\n\n<p>Binance CEO Changpeng Zhao has also answered Cramer\u2019s remarks by saying that he should refrain from using Binance for the sake of everyone else.<\/p>\n\n\n\n<p>Since the collapse of FTX exchange, there has been a wave of negative sentiment regarding crypto exchanges. In the wake of these several negative events, Binance has seen a record number of withdrawals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In the latest development, Jim Cramer, a CNBC host, claims that Binance has no &#8220;real legitimacy.&#8221; He seems puzzled by the arguments of crypto market strategists that most of the cryptocurrencies have no [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26,30],"tags":[36],"class_list":{"0":"post-435","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-1-minute-read","8":"category-exchange","9":"tag-binance"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer<\/title>\n<meta name=\"description\" content=\"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer\" \/>\n<meta property=\"og:description\" content=\"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-17T09:28:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-17T09:38:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1201\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shorts\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shorts\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\"},\"author\":{\"name\":\"Shorts\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406\"},\"headline\":\"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer\",\"datePublished\":\"2022-12-17T09:28:13+00:00\",\"dateModified\":\"2022-12-17T09:38:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg\",\"keywords\":[\"binance\"],\"articleSection\":[\"1 Minute Read\",\"Exchange\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\",\"name\":\"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg\",\"datePublished\":\"2022-12-17T09:28:13+00:00\",\"dateModified\":\"2022-12-17T09:38:41+00:00\",\"description\":\"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg\",\"width\":800,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptometer.io\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\/\/www.cryptometer.io\/news\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406\",\"name\":\"Shorts\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g\",\"caption\":\"Shorts\"},\"description\":\"You don't have to spend a lot of time reading long news articles. In order to save your time, we summarize long articles into sort lines so that you can keep updated yourself .\",\"url\":\"https:\/\/www.cryptometer.io\/news\/author\/shorts\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer","description":"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/","og_locale":"en_US","og_type":"article","og_title":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer","og_description":"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In","og_url":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/","og_site_name":"CryptoMeter.io","article_published_time":"2022-12-17T09:28:13+00:00","article_modified_time":"2022-12-17T09:38:41+00:00","og_image":[{"width":1201,"height":720,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","type":"image\/jpeg"}],"author":"Shorts","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Shorts","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/"},"author":{"name":"Shorts","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406"},"headline":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer","datePublished":"2022-12-17T09:28:13+00:00","dateModified":"2022-12-17T09:38:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/"},"wordCount":168,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","keywords":["binance"],"articleSection":["1 Minute Read","Exchange"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/","url":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/","name":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","datePublished":"2022-12-17T09:28:13+00:00","dateModified":"2022-12-17T09:38:41+00:00","description":"After the implosion of the FTX crypto exchange, various people are arguing about the current status of Binance, the largest cryptocurrency exchange. In","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#primaryimage","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","width":800,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/binance-has-no-real-legitimacy-jim-cramer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"Binance has \u201cNo Real Legitimacy\u201d: Jim Cramer"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/ec6b95db679d65e51b1edfbac2cca406","name":"Shorts","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/995e137d8acf5d59411a158b051fd8bbdf266333e3f6b266f44e8920badb6b9a?s=96&d=retro&r=g","caption":"Shorts"},"description":"You don't have to spend a lot of time reading long news articles. In order to save your time, we summarize long articles into sort lines so that you can keep updated yourself .","url":"https:\/\/www.cryptometer.io\/news\/author\/shorts\/"}]}},"jetpack_featured_media_url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2022\/12\/JimCramer.jpg","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=435"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/435\/revisions"}],"predecessor-version":[{"id":437,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/435\/revisions\/437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/436"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}