Post
Topic
Board Trading Discussion
Re: Binance Notice of Removal of Trading Pairs
by
Coin_trader
on 01/10/2019, 09:12:57 UTC
Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Coinbase is the most regulated exchange in the space. It has been that for quite a while now. We also have Bakkt. This however doesn't mean that there won't be any wash trading. It happens everywhere, but the difference is that if done wisely, it's hard to spot, and even harder to actually prove.

In what regulation are you pertaining? We are discussing here the approval of SEC. As far as I know, Coinbase has an ongoing application on SEC but not yet approved. Yes they have regulatory compliance on the jurisdiction of their base location but still, they need to register as a licensed brokerage on SEC. I'm a bit off on the news about their progress. Can you provide a link for your claim?

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About bakkt, Bakkt only offers only BTC and we are discussing here crypto currency in general, But you are correct that Bakkt is a regulated exchange for "BTC".

Also, why don't you want to drop that exchange's name?

Because they are still on the process of acquiring it. You know how regulators work like a turtle and I don't wanna hype anyone here. Once confirmed, I will let you know personally via PM mate.  Cheesy