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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55217173 No.55217173 [Reply] [Original]

should I take my money out of binance if I don't live in USA?
I only hold BTC, no BNB or BUSD
You know what? I don't think I will, no sir.

>> No.55217194

>>55217173
You do know the risks.

>> No.55217922

>>55217194
it's not like I can't transfer all my BTC to a private wallet whenever I want right

>> No.55217952

>>55217922
Given that the SEC is attempting to freeze Binance's assets, that is indeed a risk.

>> No.55217965
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55217965

>>55217922
Except chinance stopped withdrawals yesterday, centralized exchanges do this all the time during periods of instability.

>> No.55218105

>>55217173
I like CZ and I believe fundus are safu, but I still withdrew everything yesterday. I'm not actively trading so why keep funds there? Literally the only downside is the tx fees, which are insignificant.

>> No.55218210

>>55217173
ffs stop being a twat
not your keys not your crypto

use dexes, cexes are

1. antithical to crypto
2. get fucked over by regulators regularly

>> No.55218250

>>55217952
>Binance US
FTFY

>> No.55218268

>>55217952
>freeze crypto

>> No.55218355

>>55218268
They can freeze it on a CEX.

>> No.55219965
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55219965

>>55217173
Nothingburger, I have my whole AVAX stack on Binance and I have no intentions of getting it out since it makes scalping easier.

>> No.55220683

>>55219965
How many fucking avax do I need to stack?

>> No.55221380
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55221380

>>55220683
2k, tho it's most likely getting reduced to something around 500 soon

>> No.55221863

>>55217922
you can until you can't. cz is running a fractional reserve cex
>>55219965
>having all your stack on a cex
>>55220683
you just need 25 avax to delegate. delegating > staking when minimum fees are only 2%

>> No.55223070

>>55217173
take all of your money out of Binance now, you should never leave money in there but definitely not now

>> No.55223073
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55223073

>>55217173
wait... what do you mean you dont live in USA, you are currently missing the best burgers on earth