Post
Topic
Board Altcoin Discussion
Re: Exchanges being attacked in the verge of BTC ETF
by
Kelward
on 23/11/2023, 06:24:48 UTC

2) With Bittrex shutting down, many users are left wondering where they will migrate their activities. Have you made any decisions regarding your future exchange of choice?


2) I have already made a decision and that is to jump from one to other and this is the survival kit that you need to stay longer on this market. Because you'll never know if they're going to be as good as they can be. Remember bittrex was once at the top, so the same can happen to the top exchange stoday.

Now that the reliability and test of time of exchanges are no longer a yardstick to determine whether we will remain with them or not, it's better now to move from one to another if the need arises. Binance leadership changing hands from CZ to Richard Teng, if their visions don't align or Richard, doesn't bring on board a better innovation, then binance, might just go down. Bittrex, a reliable exchange shutting down doesn't speak good of depending on one exchange, remember the issue with FTX, I think it's better for crypto owners to be very informed about the happenings in the exchange of their choice, so they'll know if it's still safe to remain there.

These shakeups in exchanges could be manipulation from governments as is being speculated in some quarters, so they can fully regulate and control the top exchanges. It is still speculations, so the important thing for us is to be vigilant about the exchange that we're using.