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

/biz/ - Business & Finance

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54361667 No.54361667 [Reply] [Original]

Give me one good reason why you're still keeping crypto on Binance despite recent revelations
>inb4 "stfu jew"
>inb4 "I trust CZ"
Oh for fuck's sake. I'm not saying stop using Binance, you can still deposit then trade then withdraw. I'm not anti-CZ, I'm glad he's making the burgers seethe. I don't even think Binance is insolvent or will exit-scam or anything like that
What I'm saying is....what if we're somehow wrong and funds end up not being safu for whatever reason? Why even take that goddamn chance when the option of cold storage is RIGHT THERE in front of you?
Help me understand the logic because I honestly don't get it

>> No.54361691

>>54361667
Normies think self custody is scary.
Chinks on /biz/ always defend their kind, just like Jews.
Pajeets love the BSC shitcoin casino.

>> No.54361694

>>54361667
>Give me one good reason why you're still keeping crypto on Binance despite recent revelations
I don't want to pay the 0.0005 BTC withdrawal fee.

>> No.54361704

>>54361694
based.

>>54361691
>Normies think self custody is scary.
And they're right.

>> No.54361728

>>54361704
How is self custody scary? Practice basic opsec

>> No.54361750

>>54361694
That's only like $10-$15 per BTC though, small price to pay to know your shit is actually safe if things go left
>Normies think self custody is scary.
Oh I know, I expect THOSE people to get burned. FTX was yet another reminder of that
But I thought the anons that post here were smarter than that

>> No.54361754

>>54361728
It's scary if you're a dumb normie who will never self custody.

>> No.54361762

stfu jew, I trust CZ

>> No.54361770

>>54361728

Nigger, most people forget the 4 number pin code for their debit card, you think they'll be able to handle a seed?

>> No.54361797

>>54361770
If they can put the password for Binance in a password manager they can put a seed in a password manager.

>> No.54361812

>>54361797

I don't think you understand how stupid most people are, I'm not even talking about 50+ boomers, I'm talking about 20+

>> No.54361836

>>54361750
It's not per BTC, it's a flat fee.

>> No.54361840

>>54361797
Nigga, most humans are as intelligent as domesticated chihuahuas. They may be able to do cute little tricks like drive a car and enter data into a spreadsheet, but when it comes to doing things like writing a list of words down, that shit is beyond them by about twelve degrees of abstraction.

>> No.54361846

>>54361797
Please dont tell me you do this

>> No.54361865

>>54361812
No contest there. I see opportunity for a ChatGPT powered wallet.

>> No.54361885

>>54361846
I don't do this.
(I do though.)

>> No.54361908
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54361908

>>54361694
simple as

>> No.54362563

>>54361836
Depending on how much crypto you have and the amount of trades needed on average, I can understand (to a point) leaving crypto on there to save time and money
But at some point you should eventually withdraw and do cold-storage, even if temporarily. That's still no reason to leave funds on an exchange at all times, especially during an extra-risky period when the exchange is being heavily fudded

>> No.54362717

>>54361750
>But I thought the anons that post here were smarter than that
its just CZ paid shill army defending binance here

>> No.54362865
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54362865

>>54361667
>Give me one good reason why you're still keeping crypto on Binance despite recent revelations
because I hate kikes

>> No.54362884

>>54361667
>Give me one good reason why you're still keeping crypto on Binance despite recent revelations
4

>> No.54362885

>>54361667
I literally think it's a nothingburger and buy signal.

>> No.54363771

>>54361812
those who still have less than 30 are weird, they can bet their life savings on things like memecoins or even use hami to keep taking more tokens, there is no right or wrong side, they are an amalgamation of disaster and fortune

>> No.54364292
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54364292

Sheer fuckin lazyness op. Not criticizing anything I got like 50% of my crypto into Kraken mostly to prepare for Rodeo Finance so I can leverage trade/stake arbi shitcoins properly and the other 50% is in Binance itsel - cold storage is annoying imo.