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Author Topic: DO NOT USE FIXEDFLOAT  (Read 395 times)

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Re: DO NOT USE FIXEDFLOAT
« Reply #15 on: April 04, 2024, 10:54:46 PM »
Even if anyone wants to use Fixedfloat, it seems they are under maintenance



Of course, the same thing twice in a very short period, they would be idiots to continue working with the same software and server settings.

FixedFloat does not require users to KYC, which may be the only advantage it can attract attention and get users.

Fixedfloat is not a 100% no-KYC exchanger, they reserve the right to hold the user's funds until they receive information about the origin, while also retaining the right to forward user data to a third party.
That is certainly not the no-KYC definition.
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Re: DO NOT USE FIXEDFLOAT
« Reply #15 on: April 04, 2024, 10:54:46 PM »

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Re: DO NOT USE FIXEDFLOAT
« Reply #16 on: April 05, 2024, 12:31:27 AM »
I don't hope that investors will have to go through bad things with any exchange to understand the risks in this crypto market. They may be scared or start to badmouth the crypto market, like many people who thought the whole crypto market was a scam like FTX did.
That would be ideal, but not all people are like that whether we like it or not. I believe the FTX case is quite severe so the impact is tangible even for someone who is not using their services. A hacking incident on an exchange like this usually doesn't bring the same impact.

The name of this exchange sounds new to me. Possibly this exchange is not a popular one in the Crypto space hence their identity is unknown.
They've been around for a while but they don't do marketing as much as others exchange, their niche is probably different from the market you usually interact with, so it is not a surprise if their name doesn't ring a bell for you. Not to mention a lot of competitors exist nowadays.

Alot of competitors do exist now for the market dorminance but however it is more of a battle of the survival of the fittest. They not being in public simply means that they have no capacity to do so or something must have warranted them to stay low keys as the case may be. Exchange of these  nature sometimes are kind of being ok to stay low so that government would not really look into their direction. Well, I believe they have a reason being here already and this incidence occuring there speaks of great volume than one could imagine.
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