Quote from: electronicash on April 11, 2024, 06:38:04 PM

not so confident about that Bitget tbh i find it the next to FTX to crumble the market in the next bear market. SEC is already up to looking at this market every now and then and if they really wanted to regulate the market with efficiency, they would have looked into Biget already while it's yet not acting like a scam.

now that it's becoming popular it will be best for them to check out already. but i have a friend who signed up on this exchange which i gave him $300 to buy me BGB to keep in his account and will tell him when to sell it.

the fate of exchanges, Is regulation, after I saw many cases where US regulators punished exchanges that committed many infractions, I started to not trust exchange tokens, but I see that bnb is the only altcoin that is more trustworthy when I compare it with tokens or altcoins from other exchanges. perhaps due to the fact that the bnb owner always appears to be a thoughtful person and willing to respect and comply with the laws that regulators in the USA and other countries impose. When I saw this thread that looks more like the OP is promoting a certain exchange, I immediately remembered this news:

Quote from: https://cointelegraph.com/news/sec-issues-wells-notice-defi-protocol-uniswap

SEC issues Wells notice to DeFi protocol Uniswap

The U.S. SEC issued a Wells notice to the decentralized exchange Uniswap on April 10, the team confirmed on social media.

The United States Securities and Exchange Commission has issued a Wells notice to the decentralized exchange Uniswap.

source: https://cointelegraph.com/news/sec-issues-wells-notice-defi-protocol-uniswap

eventually all exchanges went through the same situation that binance, bitmex, ftx and other exchanges went through when they committed some illegal act and US regulators punished the exchange owners. This happens because most of the time the people who create these exchanges behave as if the rules and laws of the real world do not apply on the internet. They forget that in the real world for a person to open a physical exchange business, the person needs to go through a lot of bureaucracy, the person will need authorization from the central bank and other regulatory agencies to have the license and be able to operate. But on the internet, people who invest money in these exchange tokens don't stop to think about it much and when the exchange collapses, so does the token.

Quote from: Bellarg on Today at 12:44:16 PM

I remember how i bought a lot of bnb several years ago when it was cheap because it was annonying to buy it with small portions to use it to cover fees. And now years after its one of my best investment. Sad that i not bought really a lot in the first place

now bnb is rising in price a lot, and it's something tempting, I'm watching and thinking if I could buy something and sell it as soon as I make a considerable profit, looking at the current price I don't see it as being a good buying point, I'll wait for a drop and after this probable drop if the price will stabilize and show some sign of continuation of the rise, as soon as I see such a signal then I buy and place a strategic stop loss