Post
Topic
Board Trading Discussion
Re: Binance lots of FUD
by
russselcarri
on 14/12/2022, 06:15:49 UTC
Binance is centralized and that's why many are starting to panic when there's bad news about them. What if before the bad news Binance starts to halt withdrawals? Well, that's the real thing but so far, this is just to make a FUD and if the thing is real, Binance will handle it for sure.
Everyone is starting to learn their lesson that no exchange is safe whether it's the most popular and populous exchange, they can't avoid any FUD that will be spread against them.
The current panic is still going on and I believe in Binance's ability to handle the crisis. But the criticism of centralized exchanges cannot be ignored. But people often only have 7 seconds of memory. When they saw @justinsuntron’s tweets, the market warmed up a little bit, and people’s panic seemed to disappear instantly.

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