Post
Topic
Board Trading Discussion
Re: Which exchanges to use considering China will ban exchanges ?
by
MV7
on 18/01/2018, 09:07:11 UTC
The news are China is banning centralized exchanges, you can read about in the links below:

https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

https://gizmodo.com/report-china-plans-to-root-out-crypto-platforms-offeri-1822094585

https://cointelegraph.com/news/china-after-banning-exchanges-authorities-move-to-close-exchange-like-services

What does that mean for Chinese exchanges, and their non-Chinese customers ? Shall we move all our money elsewhere or sth else ?

PS: I have money in Okex and Binance
I'd say Binance and Kucoin.

But seriously, the China FUD news has been around before bitcoin broke 3k. It's been around for a long time, at least in the crypto world. I wouldn't worry too much about it