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Cryptocurrency Trading / Re: Opt for the safest exchange?
« on: Today at 01:09:33 AM »Simply put, if beginners are interested in looking at the list of top exchanges, Binance is number 1. So, if we still doubt Binance, what about other exchanges, right? In essence, it is true, there is no exchange that is 100% safe and there is no guarantee of 100$ that the exchange will continue to last forever. Various surprising things may still occur, but, nevertheless, it is indeed part of the risks. So, just choose, which risk to choose and to what extent we take that risk. Rather than choosing a small exchange with only a small market cap, it's better to go to Binance, right? Even if you can't access Binance, there are still other top exchanges you can try and comply with regulations in your country.It seems that there are many Binance fans on the AltcoinsTalks forum, I am one of them ^^ Binance is always the first CEX that I recommend when someone wants to join the crypto market. Many other CEXs are also very good and also have proof of reserves, but they cannot provide the same good interface, utilities, features and services as Binance.
Of course, I also encourage everyone to use many other CEXs to diversify their risks and avoid losing all of their assets when a CEX has legal or hacker problems. In addition to Binance, investors can refer to and use Coinbase, GateIO, Bybit, Bitget...