/biz/ - Business & Finance

My money is on crypto.com. That place has probably spent more in marketing than they have brought in revenue.

>>52442122
Coinbase because thats where my funds are

>>52442138
They've brought in over 1 billion in revenue per year for 2 years consecutively so far. It's not their revenue that's the problem, it's their incompetent fucking staff that loses shit or gets hacked.

>>52442122
of those crypto.com

i doubt any of them will fall

>>52442197
Crypto is dead, my man

>>52442186
A billion is a fraction of what Coinbase brought in and Coinbase are deep in the red.

>>52442122
>monaco
>gemini
>kraken
>binance
>coinbase

in that order

>>52442122

no volume on crypto.com but they have thelakers stadium. they are going under

Coinbase is a real motherfucker with liquidity
When shit was crashing, I needed to update my long positions so I quickly tried to transfer BASIC coins

They KYC'd me immediately despite the fact that I had done KYC already

Not to mention they tend to
>"GO DOWN"
anytime the market gets hot

Also their stock lost all of it's evaluation since becoming public and their shareholders are probably pissed as fuck and trying to exit as well.

I know for a fact Coinbase is insolvent just from these reasons
The question is, who is going to call them out on it?

>>52442122
>>52442138
>>52442143
>>52442186
>>52442190
>>52442197
>>52442206
>>52442208
>>52442216
>>52442230
>>52442241

Nexo is insolvent

>>52442241
Fuck coinbase they literally banned my identity permanently and locked me out of funds good thing I only ever used them to cash out not buy

>>52442241
Nigger just KYC they already have your information they just do this every year to update their shit and you clearly didn't.
You buy your account jeet?

>>52442277
Well yeah but this is a thread for insolvent exchanges not insolvent lending platforms.

>>52442122
Coinbase or crypto.com. Binance and Kraken seem to be the most reliable CEXs out of that group.

>>52442375
Coinbase is approved by New York, which is hard as fuck to do.

>>52442293
I did do KYC
Literally 2 days ago I sent out MORE coins than that through coinbase without them needing to do a """"security check""""

The fact that they're asking for it again during a period of instability in the market means they're trying to limit how much capital is leaving their website

They could limit their amount of bleed and hold transactions because not everyone is going to suddenly drop everything and take that 20 - 30 minutes to go do KYC again
Not to mention even if people do, Coinbase can just go
>SORRY GOY, WE'RE """""REVIEWING"""" YOUR KYC
>PLEASE WAIT UNTIL THE MARKET COOLS DOWN TO GET YOUR FUNDS
This is how you stop a bank run and prevent your exchange from getting liquidated

>>52442122
Your mom

>>52442389
That isn't a good thing
It just means that a Court Order can now freeze your assets, so bondholders can steal your coins, instead of the Ponzi Scheme doing it directly.
Your coins should be on a cold wallet, any money in an exchange should be used for just that "exchanging" before promptly being sent back to your wallet.

>>52442122
coinbase is actually safu

i reckon crypto dot com

There is not gonna be any more exchange ]s collapsing the tether fud is BS and if you didn’t buy in the last week then you missed the bottom. You are now chasing the price.

>>52442122
everyone except tradeogre

Imagine not buying at these levels. Truly you missed the bottom of a multi generational bull run that ends in 2027 at 1m.

>>52442138
Fuk u madarchod my funds are there in Crypto Dot Com

>>52442143
Coinbase will probably do ok for a while since it is the biggest and the fall will make people leave smaller ones and head there.

>>52442122
kraken? i withdrew funds a couple of days ago without an issue

>>52442122
Not listed, Blockfi. In less than a month. I was pulling for them too.

>>52442122
all of them eventually. I will celebrate every time one crashes.