/biz/ - Business & Finance

[Anonymous No.52359178]

are any exchanges safe right now

[Anonymous No.52359194]

>>52359178
I should be more confident in Kraken because they have some form of proof of reserves, but I’m not. I am unironically fearful, uncertain, and doubtful of any central exchanges (ticker CEX)

[Anonymous No.52359195]

>>52359178
yes decentralized ones are safe rn

[Anonymous No.52359320]

>>52359178
coinlet here, why are you niggers using centralized services at all?

[Anonymous No.52359332]

Exchange your money to my hand

(DO NOT REPLY TO THIS BY GREEN TEXTING THE SENTENCE IN ORDER TO TRY AND MAKE ME LOOK LIKE A CRINGEY LOSER DWEEB SOIBOI REDDITOR)

[Anonymous No.52359334]

>>52359320
No good decentralized way to get in and out of crypto, unless you're willing to meet a guy under a bridge. So everyone is forced to go through CEXes on their way in and out of crypto and most people are too lazy to get off them once they're in. They offer various incentives to stay too

[Anonymous No.52359365]

>>52359178
Crypto.com will survive singles confirm

[Anonymous No.52359375]

>>52359178
Do you really want to find out? Just assume everything is compromised and act accordingly

[Anonymous No.52359688]

>>52359178
Gemini unironically

[Anonymous No.52359980]

>>52359365
>>52359688
moron

[Anonymous No.52361761]

>>52359178
No cex is safe, I long stopped using cex, I only use perdex like gmx and takepile

[Anonymous No.52363472]

>>52359688
Yup. Gemini is regulated by NY and is full reserve.

[Anonymous No.52363519]

Crypto.com is run like a bank, just because its token isn't doing well doesn't mean that the service isn't solid.

[Anonymous No.52363571]

>>52359194
I don't trust Kraken ever since I deposited Matic on the wrong Network and they told me they couldn't recover it only for me to see it moving around later.

[Anonymous No.52363607]

>>52359178
Cůckbase is publicly traded and audited. Everything else is a pajeet/jew/chink scam.

I'm not a degenerate trader or gamble on shitcoins and will happily pay their higher fees for the security.

[Anonymous No.52363662]

>>52359178
BINANCE! ONLY TRUST THE ASIAN-CANADIAN UNTIL A REAL ASIAN (CHINESE) EXCHANGE APPEARS

[Anonymous No.52363691]

DEXs. Don't use a CEX. Keeping my bit in a ledger. You need one anon.

[Anonymous No.52363797]

>>52363691
Bitcoin doesn't have DeFi. Wrapped BTC is more compromised than CEXs.

[Anonymous No.52364396]

>>52361761
dydx is a better option imo

[Anonymous No.52364519]

>>52363472
i use gemini but be careful, their earn platform is not insured and only certain types of losses are covered with their crypto.

[Anonymous No.52364777]

>>52364396
dydx is cool, I know, but they do not have real yield, takepile has it, and no slippage for traders

[Anonymous No.52365234]

>>52364519
>earn platform is not insured
Good job anon. Thanks for bringing this up. I don't fuck with Earn and the extra risk either after researching it.

[Anonymous No.52365326]

>>52359178
probably the golden oldies are safest
bittrex and bitfinex and maybe one or two others

[Anonymous No.52365348]

>>52363662
today i received a binance mail telling me i need a PLUS verification, im already verified, if idon't verify before dec 10 limits will be 500usd withdrawal per month, already tried once if second time doesn't pass fuck cz im out

[Anonymous No.52365408]

>>52365348
they might just ask some questions, my exchange last month said something like that and it only asked me if im connected politically, i said no and it let me buy

[Anonymous No.52365486]

>>52359320
Better trading mechanisms and options.

[Anonymous No.52365512]

>>52359178
BISQ

[Anonymous No.52365554]

>>52365408
as i said im verified, already lost a small bag on celsius, im not risking it, if this shit doesn't go smootly im going 100% cold wallet PLUS verification my ass whats next platinum adamantium fuck that shit

[Anonymous No.52365578]

>no one said coinmetro
so fucking early

[Anonymous No.52365637]

>>52363472
>>52359688
Genuinely I don't understand the benefit in risking it right now. I pulled all my funds off Gemini this week. ACH transfers are quick and they have options to wire funds as well which I've used in the past. It's not like it takes a week to clear like with fucking Charles Schwab and even if it did I'd rather be a week late and have money to buy than lose all my funds trying to get the very bottom.

[Anonymous No.52365770]

>>52359178
Unironically, ETORO

[Anonymous No.52365864]

>>52359178
yep just hold it in your wallet and you good

[Anonymous No.52365887]

>>52365486
better ways to lose your money sure

[Anonymous No.52366009]

>>52359320
Centralized platforms are fucked, you will get disappointed, get some pepdex, and you will enjoy the real deal
gmx, dydx, takepile, all these are better options

[Anonymous No.52366014]

>>52359178
Exchanges?
Buy BTC on kraken and withdraw immediately

[Anonymous No.52366021]

>>52365554

[Anonymous No.52366030]

>>52359178
Anyone who hasn't moved their funds or isn't currently moving their funds to a hardware wallet is retarded at this point.

[Anonymous No.52366034]

>>52365770
>(((eToro)))
Nope, it’s a giant kike scam

[Anonymous No.52366053]

>>52366009
dydx is more centralized than a cex

[Anonymous No.52366072]

>>52359178
This was the psy-op. They wanting to make everyone afraid of exchanges so nobody would want to buy so that they can accumulate the bottom all by themselves.

[Anonymous No.52366094]

>>52359178
Coinbase is next. They can only hide from the terra/wluna fiasco for so long

[Anonymous No.52366172]

>>52365770
eToro and Plus 500 are israeli scams that they promote to uber normies and gambler via sponsoring of sports teams.

[Anonymous No.52366178]

Do all the giganormies who bought the top even know this shit is going on yet? I feel like there's going to be something akin to a bank run on exchanges once they see the shitcoins they remortgaged their house to buy are approaching zero.

[Anonymous No.52366205]

>>52363797
icp

[Anonymous No.52367489]

is this a buying opportunity? I never got into BTC

[Anonymous No.52367859]

>>52363571
I was wondering why I received MATIC randomly, thanks anon you added to my stack

[Anonymous No.52367996]

>>52359178
only the exchange in your heart

[Anonymous No.52368127]

Coinbase
Kraken
Binance
Crypto CRO
Gemini

Anything else is too much risk for CEX, then once you have exchanged move to Ledger or similar. THESE ARE CALLED EXCHANGES, HINT IN THE NAME.

[Anonymous No.52368156]

>>52359178
None of them ever have been, my friend.

[Anonymous No.52368280]

>>52366094
didn't they never even list them to begin with? i remember there was wluna on there for like a week but didn't even have a usd pair . can't quite remember. there no way coinbase will go belly up r-right?

[Anonymous No.52369457]

if you're itt and using a kyc'd cex you're retarded. use bybit

[Anonymous No.52369672]

>>52369457
Wait it doesn't require KYC to buy btc and withdraw it? I thought it was a legal requirement.

[Anonymous No.52369681]

>>52359178
coinmetro
you might not like it due to low volume, but they're solid like their ceo's forehead

[Anonymous No.52370050]

>>52368127
>Anything else is too much risk for CEX,
I don't think so.
These are good exchanges, including Xpress, which also has a payment system and a few other utilities. I've also used MEXC. I'm not familiar with Gemini.

[Anonymous No.52370226]

>>52366009
Forgot to mention gns, you mother fucking bastard

[Anonymous No.52370695]

No. Cash is safest.

[Anonymous No.52370795]

What about Poloniex?

[Anonymous No.52371087]

>>52359178
Uniswap
Sushiswap
Quickswap
Honeyswap
Mango
Serum
Shapeshift
Bisq

Every single DeFi exchange has been absolutely fine and safe this whole time.

This whole thing is such a great case for DeFi.

[Anonymous No.52372028]

>>52371087
Normies don't even know they can withdraw their crypto into a self custody wallet.

[Anonymous No.52372210]

yes of course, you can use dexes like quickswap or uniswap on polygon, that's the safest bet especially with everything that's going on with centralized exchanges

[Anonymous No.52372498]

>>52370795
ha! Tradeogre.com is kyc free. Safe.trade too. Atomicdex.io is the only truly safe dex because it's all atomic swaps only.

[Anonymous No.52373172]

>>52365637
Legit question. My logic is that the reward can outweigh the risk.
1. Gemini is fully regulated, NY Limited Purpose Trust. This is the same level of regulation as Coinbase Custody Trust, Fidelity Digital Asset Services, and NYDIG.
2. Gemini is Full-reserve/100% reserve banking
3. Next week or 2 could be fucking insane with a stock market drop on top of more crypto panic. A drop under 10K will send us over the event horizon.
4. A scamwick to a CME Gap at 7K or 3.5K could happen to liquidate Saylor and others, i.e. Blackrock Gangster move
5. I could pick up BTC FOR NOTHING from my regulated account while niggas is scared.
6. It is a fraction of my stack, so a loss would suck, but not completely devastating.

I hope this doesn't happen. I'd rather play it safe and wait until Feb to buy, but the possibility of hitting the jackpot is there in the middle of all this insanity.

[Anonymous No.52373279]

I only have stuff left on robinhood right now, and I actually don't care about moving it

[Anonymous No.52373315]

>>52368280
Cb never listed Luna but they traded erc20 wrapped Luna for a while pre crash but they suspended May 27 because of “volatility”. And I believe one of their wallets owns the majority of it.

[Anonymous No.52373319]

>>52359178
Coinbase is rock solid

[Anonymous No.52373351]

On binance but moving off in 8 days when my withdraw lock from recently depositing to buy the dip expires. Don’t fuck it up between now and then.

[Anonymous No.52373405]

>>52373172
Regulated doesn’t mean they are not commit fraud
FTX was also regulated and pushing for more regulations, but SBF literally stole 10B of user deposits
No regulations will save your ass if someone is committing fraud
Withdraw the BTC
Not your keys, not your coins

[Anonymous No.52373431]

>>52359178
gains.trade

[Anonymous No.52373432]

>>52373319
One week ago also FTX was rock solid
Do not trust them, shitcoin casinos are the worst
Withdraw your BTC, never look back

[Anonymous No.52375002]

>>52359194
Kraken has higher risk than Binance.

[Anonymous No.52375027]

>>52359320
I use it as a temporary bridge to offload fiat to crypto. I eat losses when I transfer it out but I'm much happier keeping all ky Crypto on a Personal Wallet with a paper written seedphrase.

[Anonymous No.52375225]

>>52359332
You have autism don't you

[Anonymous No.52375393]

>>52373279
Robinhood is probably one of the dominoes in the line of this whole shitshow.