Quote from: russelbrok on December 21, 2022, 07:39:42 AM

With the collapse of FTX and issues across the industry such as Binance, BlockFi, Celsius, Voyager, etc. I want to know what exchange do you trust the most?

I know rule #1 is to move your crypto off exchanges and into your wallet, but lets honestly many people dont do that.

So what exchange do you trust the most for the future not to go under? It seems like FTX and other companiess were able to get away with so much because theyre not public companies which are regulated and have strict financial reporting obligations. What are the public company crypto options? Is it just Coinbase and CashApp?

Who do you trust to last?

* Again Thank you Bitcointalk community for all the help for my previous posts it really helps a lot Wink

! i hope also to know what is the fastest way to get merits as well , my posts maybe to get knowledge but it helps the other members community so im getting help for myself and others Grin

To be honest, I do not trust any centralized exchange now. The FTX was a very good exchange and the collapse of that exchange has shattered my confidence in all exchanges.

But if you are a trader, you need to transfer funds to the centralized exchange as there are more features and also liquidity in centralized exchanges as compared to the decentralized ones.

For me, i will keep my trading funds on binance for the time being as i think Binance is still the safest exchange in the current times but remember keep only trading funds there and make sure to keep on withdrawing any profit or extra amount from the exchange.