After the Binance hack, I no longer use Binance. Delayed withdraws, hacks, ect. I just don't want to deal with them anymore. So, with that being said, I want to find a new exchange for my crypto needs. I also, am not a fan of Coinbase/Coinbase Pro due to their Bitcoin Cash fiasco. I've been reading about several exchanges and HITBTC is one that keeps popping up. It seems like it has a decent amount of positive sentiment surrounding it (
https://tipestry.com/topics/5ce9b551e528302571b89464/hitbtc-possibly-insolvent,-claims-new-report). What do you guys think? Is it worth using? Have any of you ever used this exchange?
Thats your choice when decide to not use binance but for me, so far binance is good exchangers and during hack, binance give transparant process and i think this is important for community. Comparing HitBTC and Binance is not a right thing because its about our own trust and i am prefer using binance
Binance has gone too developed and popular for them to be destroyed or destabilized by just one threat. There is no centralized exchange that is not liable to be hacked, only DEX exchanges can, and it will really be unwise for one to judge Binance because of the little issue that has been resolved and taken care of to guide against future occurrences, and then go for another centralized exchange.
Binance still has more security than those other centralized exchanges,it is just so unfortunate that these hackers picked on Binance. With all the hacking, they still remain the strongest, there are so many exchanges that has been hacked and died off, but ever since the hacking Binance is even still growing stronger.