Quote from: arpon11 on May 16, 2019, 01:42:29 PM

Quote from: jackg on May 14, 2019, 01:28:40 AM

Ima be blunt, based on the fact that loads of people are still without exchanging trade pairs because the likes of binance and such have decided to close deposits indefinitely (gcse computer science and business for us teaches how to develop disaster recovery regimes) so the fact that high profit exchanges can't do it is just off.

Most of these exchanges do stuff with customers money too while on there especially if they haven't withdrawn for a long time. Coinbase, poloniex, bitmex and binance I believe will all be susceptible to this, as well as bitfinex who have already proven how great their money management strategies are (I luckily only had a dollar on there at the time of that hack)...

Most of the exchange we have now especially the centralized one are not regulated and that is the reason why some owners of those exchange are temporary with fund from the investors and traders on their trading platforms. If regulation is there we would not have all those issues. For the op I think we are going to have some reliable and good exchange in future and because crypto market is at the beginning stages, we are seeing some problems with exchange platforms.

Presently I am satisfied with some exchanges that we have and even though they are not regulated yet, their service to the community has been a wonderful one, in the like of great exchanges like Binance, even though they have not been regulated, but they are centralized exchanges which makes them known to the world, and if there is any form of fund mismanagement, their identity is enough for the government to step in even if they have not regulated them.

I dont see any exchange rising up in the future that will be better than the ones we already have, if we are judging these ones by hacking, we should not forget the fact that it is a general phenomenon, and it can happen to anyone, even governments.