Post
Topic
Board Trading Discussion
Re: What exchange to use a US Citizen Abroad?
by
Bragod
on 01/02/2021, 15:42:47 UTC
Have you looked at kucoin? I wouldn't trust them personally but I know of a lot of people who do so they might be an option - they seem to have more listing than binance do. There's also hitbtc and yobit which might be a bit scammy - I wouldn't trust them too much.

I have a soft spot for Kucoin, but it should be noted they were hacked for an alarming amount ($275 million) in September. Luckily most of it was ICO tokens that could be burned and reissued, but they were obviously keeping way too much in their hot wallets.
https://hackernoon.com/dollar275m-research-how-was-kucoin-one-of-the-largest-crypto-exchanges-hacked-jh1i3exb

If the hack happened very recently, then the chances of this happening again are very small  Wink. It is unlikely that this happens with the same exchange every year. Kucoin platform's management must have taken measures not to repeat this mistake and paid more attention to security. This can happen to every exchange and no one is immune from hacking. Agree, this is not a reason to stop trading and stop using crypto exchanges. If you want to know a little more about  Kucoin, then you can pay attention to this - https://cryptototem.com/kucoin-review/.