Binance top executives leaving...

Salamouna · Sep 17, 2023

sscaz said:
I guess i will investigate a few other reliable crypto exchanges in Russia/Other countries just to hold most of my money on 2 other exchanges

Why you still insist to hold your crypto on exchangers

laur.laurix · Sep 17, 2023

sscaz said:
Thanks for the recommendation I will create a Revolut account and check that out to store 33% of my crypto there too as I prefer hot wallets over cold ones as i can exchange my crypto in seconds if something is to happen and to be honest I don't think Binance world is going anywhere for next few years, while I am not sure for Binance us.

For now with revolut you can only buy cryto and hold it or send it to an external wallet. You can't send crypto from binance to revolut as we speak but they will add this option soon.

sscaz · Sep 17, 2023

laur.laurix said:
For now with revolut you can only buy cryto and hold it or send it to an external wallet. You can't send crypto from binance to revolut as we speak but they will add this option soon.

That would be great as i can't really bother buying a cold wallet then moving the money from it to exchange and back and forth, rather have it on 3 exchanges to be safe

laur.laurix · Sep 17, 2023

Salamouna said:
Why you still insist to hold your crypto on exchangers

So he can sell it fast in case of a crash...what he doesn't understand is that if an exchange crash you will not be able to acces your cryto or you funds.

Salamouna · Sep 17, 2023

laur.laurix said:
So he can sell it fast in case of a crash...what he doesn't understand is that if an exchange crash you will not be able to acces your cryto or you funds.

We store big coins for long term like the top 10
If you are too worried store usdt

sscaz · Sep 17, 2023

laur.laurix said:
So he can sell it fast in case of a crash...what he doesn't understand is that if an exchange crash you will not be able to acces your cryto or you funds.

Salamouna said:
We store big coins for long term like the top 10
If you are too worried store usdt

I am more scared that if i buy cold wallet i will lose it somewhere or forget where i put it

Salamouna · Sep 17, 2023

sscaz said:
I am more scared that if i buy cold wallet i will lose it somewhere or forget where i put it

It's not a problem
The only one thing that you should be worried about in this crypto world is your private key
Just keep it safe and your crypto will be safe

Rifle33 · Sep 17, 2023

laur.laurix said:
This is the biggest lie ever....they used the same tactics as FTX to pump their shitcoin and the market dropping made them sell a lot of Bitcoin to keep the price of BNB afloat. This situation pushed them on the edge of the cliff, any significant event in the markets will crush Binance.

What are you talking about, Binance is the biggest and the world's most important exchange. If Binance crash, the whole market will go down 80-90%, your cold wallet won't help you much as your crypto will be almost useless and it will take a decade or more for crypto to find a way back to the mainstream again. If ever...

HustleTong · Sep 17, 2023

Binance US is a separate entity and too small compared to rest of the company
XRP has already won the battle
That's a green flag imo

CasinoCZ · Sep 17, 2023

sscaz said:
I don't but if we look into things that way if Binance falls all the crypto you're holding in your cold wallet will be worth like 3 times less

This is very true unfortunately, but the true truth is in fact that all these CEXes ruined the last few bull runs, and they keep ruining the market

KHer0 · Sep 17, 2023

Exactly like me, I hate sending the money back and forth, so it's in my Binance account. Funny thing I lost all my crypto once in the FTX fall down, so, now I only use Binance -_-

sscaz · Sep 17, 2023

KHer0 said:
Exactly like me, I hate sending the money back and forth, so it's in my Binance account. Funny thing I lost all my crypto once in the FTX fall down, so, now I only use Binance -_-

Good thing i never even knew FTX existed before it fell down xD

traffickmanager · Sep 19, 2023

funds are safu, thats all what you need to know about binance

sMouse · Sep 19, 2023

Everything is SAFU until it isn’t and withdrawals are stopped. Number one rule of crypto is “Not your keys, not your coins.”.

SonofOlympus · Jan 30, 2024

sscaz said:
So where should i store my crypto then?

I recommend a wallet like Bitget wallet, it's secure plus you can easily more the crypto to the Bitget exchange whenever you want.

SonofOlympus · Jan 30, 2024

traffickmanager said:
funds are safu, thats all what you need to know about binance

While that's what they say it's better safe than sorry, I still moved my funds to Bitget to avoid any unforseen circumstances.

Binance top executives leaving...

Salamouna

Elite Member

laur.laurix

Elite Member

sscaz

BANNED - Discussion of Prohibited Activities

laur.laurix

Elite Member

Salamouna

Elite Member

sscaz

BANNED - Discussion of Prohibited Activities

Salamouna

Elite Member

Rifle33

Senior Member

HustleTong

Elite Member

CasinoCZ

Newbie

KHer0

Elite Member

sscaz

BANNED - Discussion of Prohibited Activities

traffickmanager

Newbie

sMouse

Banned - Selling via PM

SonofOlympus

Registered Member

SonofOlympus

Registered Member

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