Blaming the crypto winter.... great job!
The truth is that they started to die when they were forced to introduce KYC rules.
Since it was one of the reasons people traded there, they moved to another place
The same goes for localcrypto and a regulatory development that can take place when your company grow up.
It's called the Darwin's theory. Only the best survives
The truth is that they started to die when they were forced to introduce KYC rules.
Since it was one of the reasons people traded there, they moved to another place
The same goes for localcrypto and a regulatory development that can take place when your company grow up.
It's called the Darwin's theory. Only the best survives
Do you think other similar sites like Paxful will also meet the same fate because of same KYC reasons ?
Paxful was also spreading fast as they spent good money in promotions.
Another doubt I have is that why are these platforms not moving to an exchange type of business. They already have good customer base and the required tech to handle crypto transactions. They just have to redesign as a crypto exchange and become profitable like Binance.