After FTX exploded many shocking facts came out - everything was controlled by few individuals, there was no record keeping, customer funds were used for purchasing real estate, and making bad investment decisions. Lot of lies and deceipt. What about Binance? Is it run in a similar way?
That's all very interesting and def a must have information, so investors can make up better decisions on which exchange to use.
I have an account at Nexo, Kraken, Coinbase & Binance, but I've recently transferred all my funds from Nexo to Kraken & Binance with fear of something happening to Nexo. But am considering now removing all my funds from Binance too.
Between Kraken & Coinbase, what are your opinion on these 2? are they trustworthy? and between the 2, which would you recommend more?
Is Binance similar to FTX?
Hey Kriss,
That's all very interesting and def a must have information, so investors can make up better decisions on which exchange to use.
I have an account at Nexo, Kraken, Coinbase & Binance, but I've recently transferred all my funds from Nexo to Kraken & Binance with fear of something happening to Nexo. But am considering now removing all my funds from Binance too.
Between Kraken & Coinbase, what are your opinion on these 2? are they trustworthy? and between the 2, which would you recommend more?
Thanks :)