Post
Topic
Board Service Discussion (Altcoins)
Re: Do you trust centralized exchanges?
by
ivankoh
on 16/07/2021, 15:34:55 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.
Then there was the next sudden death of the Vebitcoi exchange. It is also within the cycle that the market panics afterwards. Users have refused to send funds to exchanges. Binance also has some cases but not necessarily risks. I still believe in CEX as a P2p sourcing measure. Dex cannot respond to this until this vulnerability is patched. I think DEX will be the perfect destination for the future of trading.