Post
Topic
Board Bitcoin Discussion
Re: FTX has been hacked, delete the app, don't go to website
by
tadamichi
on 12/11/2022, 13:39:03 UTC
It's currently harder to trust which exchanges are safe for us plebs. I'm seeing some users in Twitter who tweet that "Binance is the safest" exchange, but how do we prove that unless everyone withdraws their coins to test if they have enough in their vaults/reserves to pay all their users.
Dont trust. Self-custody correctly and youre safe. Saves time, money and nerves in the long run. Using a middlemen involves trust, which always has the possibility to be abused. Theres no way around it.