after we heard that the Binance market was hacked, and 7000 BTC was lost from the Binance trade, in your opinion, what were the decisions of traders and investors?
1. Will they stay at Binance?
2. Will they go to another exchange?
3. if they leave Binance, what exchange will they choose?
An investor will not hesitate to leave the Exchange, how to trust an Exchange that does not offer security and that their trading options are very limited, I would go to another Exchange, at this time I would choose Bitfinex so I have problems with Tether, I think it is one of the safest and where I see that always the great speculators make the movements.
The case of the Investors is very delicate, it is a lot of money that is handled, Binance had an unblemished record, but I think that by letting go more than 7K in Bitcoins, it is something very delicate, because it is a lot of money, the people who lose Money does not usually stay in the same place because they know that at any moment it can happen again, and although all the Exchanges are now available, after this incident it is obvious that they will take all the necessary measures so that their security increases them to the maximum, the ways to access must be changed, because apparently the 2FA system is vulnerable to the algorithms of the Hackers.