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Cryptocurrency Trading / Re: Opt for the safest exchange?
« Last post by armanda90 on Today at 09:29:11 AM »To be fair, staying put at Binance has helped me avoid so many troubles in my time. I understand that people could consider going into other exchanges for many many reasons, but I do not see that as a good deal for me. I personally believe that the best we have right now is just getting to the safest one and staying there. There is of course no guarantee that Binance is %100 safe, but by the looks of it, its the safest. It had all the troubles that other exchanges had, like getting tens of millions of dollars stolen, but they managed to keep it going, whereas other exchanges just bankrupted and closed. This is why Binance is the one I will keep using forever as long as they stay.Actually not your key is not your coin, but Binance is more secure exchange market for saving our assets and that exchange have been long term operation without get any problem yet although have changed with their CEO. But for long term trading or holding assets hold in own wallet is better than exchange wallet because to avoid with bad speculation in the future how second top standings exchange like FTX got scam.
I know Binance is most trusted exchange but can't guarantee yet until how long that exchange make our assets keep secure, many top exchange before have been collapse and not good ideas holding assets for long term in exchange.