Quote from: Potato Chips on April 29, 2025, 11:30:34 PM

Quote from: examplens on April 29, 2025, 08:34:39 PM

Is there any good reason to choose Bybit today compared to similar exchanges like Binance, Kucoin etc...?
A historical hack that was created through their negligence, and they persistently accuse others of it. Now they are making withdrawing as difficult as possible, almost blackmailing their attitude towards users and their access to funds.

I'm not being sarcastic, but what does Bybit currently offer better than the competition?

Pretty much why I said "aside from the reasons mentioned", and the hack being included as part of as it was already mentioned by fellow members above my post.

To be honest, these exchanges are more or less the same. If for instance, a regular from bybit decide to move ships, it's pretty likely they will not have a hard time transitioning to another Tier 1 exchange.

The hack is already enough reason to leave them, plus they add up these facial recognition upon withdrawal which I think to much for their users.

If they are serious dealing with their past hacking happen and they don't want this situation to happen again I guess they should not compromise the privacy of their users, but rather they should made a good move to tighten up more their security.

For sure there are lots of people will get discourage to use their exchange due to that matter and will rather choose their competitor rather than accepting their conditions before we can make a withdrawal in their platform.