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Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: Today at 07:30:33 AM »As I have said, there will always be a dilemma in whatever is done. It may be for the best purpose, but there will always be pros and cons when it comes to the actions taken. So each exchange will be consistent in implementing it, but it must be balanced with the reality of the impact that will occur and that is not a very easy thing and needs serious attention before deciding. If an exchange were to be abandoned by its users, that would be a very fatal event.The exchange cannot freeze user funds at will without a clear reason, because this is a reputational issue for the exchange. If arbitrariness occurs, it will cause many users to move to look for a better exchange. as you said. They have to carry out an investigation, not just a guess because the consequences could be fatalEven though the stock exchange has the authority to freeze every fund we have, they will not be careless because it could have a negative side for themselves, so that many people move. Of course, the stock exchange that has been started well will be abandoned. It is not as easy as they think.Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter.
Are you serious now? Even the top ones shouldn’t be trusted, there are a lot of precedents. You should keep there exactly as much as you think you need for trading. Everything else is not in any case. And the point is not even that the exchange can be hacked, the exchange itself can stupidly freeze your funds in connection with any proceedings.
I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.
I agree, there is no suggestion using the stock exchange as a place to store your funds for a long time, because at any time the stock exchange may experience unpleasant developments so that your funds are lost. It is still safer in your wallet.