Quote from: yudi09 on Today at 09:49:48 AM

Quote from: passwordnow on December 02, 2023, 12:27:31 PM

Quote from: yudi09 on December 02, 2023, 09:27:47 AM

My answer to the question as you ask is that I don't care because in Exchange Binance I don't save funds and funds available there just for trade needs.

You don't need to be vulgar with that answer because you don't hold your funds there and so do I, who keeps their funds there because if someone keeps his/her funds there, they're at risk.

I think that's my non-joking answer to describe my situation regarding the problems that befell the Binance exchange and other exchanges.
Because it is clear functionally that the exchange is not a place to store funds but its function is to trade.
If Binance has problems, there are still other exchanges that can be used for trading. Just select...

I agree. Even in the countries where it's banned or where it is going to be restricted soon. We've got a lot of exchanges that we can select.

Quote from: yudi09 on Today at 09:49:48 AM

Quote from: passwordnow on December 02, 2023, 12:27:31 PM

There are local exchanges that are way terrible than Binance and that's why even the locals, they use Binance instead of their very own local exchange.

The local exchange that I use for trading meets the standards I want even though Binance Exchange is known to be good according to most of its users.

As long as you find the local exchange that you are satisfied using with, that's good. Because there are local exchanges that are said to be bad and not really the best in shape. But do the users have choice with that? I don't think so, anyway as long as you can use it for its purpose for trading then there's no problem at all.

Because as you've said, that's the main function of exchanges and that's to use them as-is and not to store funds. So as long as there's the function that you're able to buy and sell and you know that you shouldn't hold there for long then that means that you're good even with the local exchanges compared to Binance.