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Quote from: xwz on July 11, 2023, 10:30:54 AM

How to buy Bitcoin? Since I see CEX like BN has quit, I'm really worried about trading in CEX.

Does anyone have suggestions? How to buy and where to buy, or is it the right time to trade?

I understand that you are hesitant to use CEX platforms due to recent issues with BN/SEC. However, CEXs still play a crucial role in this space and often have an advantage over DEXs. In my experience, CEXs have better security measures in place to protect user assets and data, which gives them an edge over DEXs. Moreover, if you prioritize speed along with security, CEXs execute transactions much faster. In my opinion, the concerns about CEXs can be addressed if they comply with regulatory bodies. Once they do so, everything should return to normal.

Yeah, Apart from all these stated, CEXs are very important. As we are seeing most Decentralised Bridge platforms getting compromised these days and millions of funds being stolen while users lose millions of dollars also. I personally use CEX to bridge asset from one network to another by depositing there from one network and withdrawing via another network.

Also, about the right time to buy BTC or not?
The market is speculative. But IMO, this is a very good time to buy . Apart from the market experiencing volatile upward movements, US stocks rose, The market is awaiting US inflation data on Wednesday with core inflation expected to grow by 5% year-on-year e.t.c, there have been good news surrounding Bitcoin lately like Companies managing Trillions filling for Bitcoin ETF. Seems the era of measuring the market cap of BTC in Billions is gonna end soon.

I can understand your concerns. You may consider Bitget, I've found their bank deposit service to be quick and reliable. Similar UI to Binance and user-friendly. You can take a look at it and see if it fits your needs.

Worth a try, you might change your thought after using it.

betterhao

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