Post
Topic
Board Beginners & Help
Re: Fake website
by
BlackBoss_
on 10/06/2024, 01:46:10 UTC
Hacks are inevitable, that's why i mentioned top exchanges (top 20 by volume) listed on cmc or coingecko should be the people's first choice, most exchanges on this list with hack issue can still operates and refunded their users, unlike those small ones.
Top exchanges look to be better and safer than smaller exchanges, I agree but there is risk and probability that top exchanges can collapse.

FTX exchange is an example on how a Tier 1 exchange can collapse very quickly. Cases on top exchanges like FTX might appear in future, we need to be careful with our money and can not trust any exchange even it is top exchange, for safety of our money.

Reminder: do not keep your money in online accounts
Exchange graveyard