I need to know for statistics.
Has anyone encountered Monero delisting on exchanges? And what happened to your XMR balances afterwards? Did they disappear or did the exchange convert them into stablecoins?
This forum is very large. Maybe someone has already had experience with such a situation?
A top privacy coin like Monero held in a centralized exchange? What's the need of buying and holding it there, if I may ask?
Have you seen the fees on the DEXes?
So I guess if an exchange delists a crypto, and you do not get it out in time, then you will not get it back.
Then why I don't see a ton of complaints about this since Monero delisted
?
This is really tough but why would you even think of using a centralised exchange for a long term storage.
There are small fees and it's convenient to trade there
I can't imagine how to trade on DEXes, first making a transfer from Feather wallet to DEX and losing the fee, creating an order losing the fee, then withdrawing from DEX to Feather wallet and losing the fee and and also synchronizing the Feather wallet itself takes a whole day
Basically it’s not even supposed to happen as holding monero coin means you value privacy
What's the problem? When withdrawing funds from CEX, you withdraw XMR to one address, and then from this address to another address and that's it. Untraceable
Why would you even keep your money in an exchange you do not control the private keys?
On these DEXes everything is inconvenient. Large fees are everywhere. And on CEXes there are convenient staking and yieldings