Post
Topic
Board Bitcoin Discussion
Re: Binance Downtimes during Panic Trading will cause the next Crypto Market Crash
by
yazher
on 24/02/2021, 03:31:42 UTC
I am calling it today. Binance usually goes down during peak and panic trading, which makes fear and uncertainties grow bigger. Most volume is being handled by Binance world wide. We are in a sad state with all these beautiful decentralised crypto currencies, but we all went for one exchange plattform because of low fees and convenience.

That's why you need to think fast before that happened because when the downtime is fixed, the price of BTC might sink to the bottom, and you might lose your chance to sell your BTC at the high price. Yeah! you're right we choose those popular decentralized exchange for their convenience and safety but if ever panic trading has come, then we need to make some best alternative and the best alternative I can suggest is moving your assets to USDT because that's the only way to preserve the current price before you get caught with the downtime.