Post
Topic
Board Trading Discussion
Re: FTX or Binance?
by
ene1980
on 08/11/2021, 22:49:11 UTC
So I've migrated to FTX basically because my impression is that the counterparty risk is considerably less... ie SBF seems less sketchy than CZ. Not sure if my instincts are right about this, but I am willing to hear any opinions about the matter.
I do accept the fact that CZ is one of the shady characters in the cryptocurrency space and he has a lot of power as he created a monopoly, literally purchasing everything. When it comes to use case, i am yet to use FTX but after reading all the comments here regarding their much lower fees than Binance, i will use them and then make my comment on its user interface.