Effect of SEC decision on binance

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paisawaisa

Elite Member

Mar 23, 2022

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• Jun 7, 2023

• #1

What will be the long term impact of SEC decision on Binance today?

 

ojsun

Power Member

Apr 17, 2023

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• Jun 7, 2023

• #2

what is the decision?

 

Anne-Maree

BANNED

Apr 23, 2019

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• Jun 9, 2023

• #3

will binance be next FTX?

 

Nikolaos

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May 27, 2016

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• Jun 11, 2023

• #4

Anne-Maree said:

will binance be next FTX?

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I think you worry too much. Binance is a way bigger crypto exchange than FTX. But always don't keep your crypto on exchanges if things go haywire you need to be protected.

 

Myran

Regular Member

Jun 5, 2022

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• Jun 11, 2023

• #5

Well, don’t keep all your eggs in one basket

 

P

paisawaisa

Elite Member

Mar 23, 2022

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• Jun 12, 2023
• Thread Starter Thread Starter

• #6

Anne-Maree said:

will binance be next FTX?

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If that comes true, all coins will come to zero.

 

mojojojoy

Junior Member

Jul 22, 2016

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• Jun 12, 2023

• #7

Decentralized community will find its way to go around SEC,

 

Gogol

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Sep 10, 2010

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• Jun 12, 2023

• #8

Nikolaos said:

I think you worry too much. Binance is a way bigger crypto exchange than FTX.

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That doesn’t say it won’t become a scam. In fact, if binance does become a scam, it will hurt 1000 times more than ftx.

Yeah, don’t keep money in exchange accounts, and pray your token doesn’t become value less or depegged..