Hi Everyone,
We need to start telling everyone across the crypto community to take their whole balance of crypto from the exchanges to their OWN WALLET .
That is the ONLY way to stop manipulation. Furthermore, it will create a huge shortage of coins on every single exchange and end up in a gigantic bull run
REMEMBER. Not your keys. Not your Bitcoins
This is the same thing saying as stop trading. If we take all of our coins out of the exchanges then how can we trade? Or sell our coins? You could be more specific and say take our
idle cryptocurrency out of the exchange.
Or are you suggesting us to use decentralized exchange instead? It would be great using Decentralized exchange but are we sure it is really decentralized? Aside from that, Decentralized exchange trade pairs are limited, oftentimes to its main blockchain's token.
So, if all of us removed our cryptocurrency out of the exchange, trading would stop definitely, and the market will instantly die. I guess it (withdrawing whole balance, not just the idle one) is not a good idea at all.