Post
Topic
Board Altcoin Discussion
Re: Do you trust centralized exchanges?
by
Almasani
on 07/05/2021, 17:26:14 UTC
I think you heard the last news about the Turkish stock exchange:
https://decrypt.co/68703/billion-dollar-rug-pull-turkish-bitcoin-exchange-goes-dark
Customers fear a rug pull as Turkish crypto exchange Thodex abruptly halted trading.
At any time, money can be blocked for an unknown time.
Recently, I have not been trading on centralized exchanges and have kept as much money there as it’s not a pity to lose



We never use the exchanges you mentioned. But speaking of centralized exchanges, most of the exchanges I use are centralized exchanges, including Binance. In this case, I think the problem is not centralized or decentralized exchange. However, it depends on the developer of the platform. Apart from trust in the owner, the security level of exchange is also the main thing.