Quote from: 81AleksandrKra on November 15, 2019, 10:11:41 AM

Quote from: its-a-me-mario on November 14, 2019, 08:09:30 PM

Mt Gox was run by a guy who had no history of running any sort of exchange or fintech company. Binance's CZ was former CTO of OKCoin, there is absolutely no comparison here.

You're right. But I just wanted to say that there are chances to lose money both when using small exchanges and when using large and popular exchanges. History knows enough of these examples.

Of course you shouldn't keep funds on any online wallet. However, when it comes to one transaction, exchanges are necessary because not everyone has the option of F2F transactions. Of course, then it is better to choose the larger and more well-known exchange, but it is also often the case that the less-known coins are listed only on little exchanges. Unfortunately, then we have to take this risk. The risk is on every exchange, but certainly on bigger exchange is smaller. In this case it looks like someone is forced to use Coinsbit and just want to know opinion of other users.