Im telling you if poloniex and kraken goes down the all cryptocurrency will go down!!
So until I see polo and kraken good we are all good
Lol, how come crypto will suffer hard just because two exchanges polo and kraken goes down? This is not 2010, when Mt. Gox was hacked, there are a lot of exchanges around and polo and kraken volume is not that huge to affect cryptocurrency as a whole. So stop with this baseless accusations, there are DEX around if these CEX suffered from hacks or breach or unintended downtimes.
Yeah right but actually if any of these giant exchanges actually go down as hacked or scammed then it would create a deep impact on the market as the coins are then sold and these exchanges hold massive amounts of coins so it actually will impact the market. I know it is won't be like MtGox and whole market will not crash but still there be a significant enough damage done.
I have used Poloniex, Binance and Kraken all three and none of them is bad but because of the aura Binance has now it becomes the best choice for anyone. I was also reading around FTX as they offer some cool features but not sure how it works and still learning more about them everyday.