Post
Topic
Board Bitcoin Discussion
Re: Will there ever be any safe centralised exchange ?
by
Diuyen Kim
on 05/12/2022, 08:28:49 UTC
A centralized exchange is equivalent to a bank. There have been many news reports of exchanges taking money away. There are also reports of a bank closing down and fleeing. The difference between exchanges and banks is that exchanges cannot fully guarantee the safety of our money. The country will help you if the bank runs away. But today’s exchanges are hacked all the time, and they are trying their best to protect our money.