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+--- Thread: Get Your Money Off ALL EXCHANGES RIGHT NOW (/showthread.php?tid=6209984)
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Get Your Money Off ALL EXCHANGES RIGHT NOW - Itachi Uchiha - Jun 19, 2022
I’ve heard rumbles from credible sources about CB and CRO currently heavily in debt.
These are two of the top two exchanges in most of the world (Binance is #1 I believe)
Download Exodus, Coinbase Wallet(the wallet not the change), MetaMask, Safepal, trust wallet. There’s so fucking many pick one and YouTube that shit.
I don’t know if these exchanges will suffer liquidity issues, but why even chance it?
Not your keys not your crypto
Edit: Remember FTX founder(I believe) warned of this two months ago. Get your money off exchanges you idiots.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Truth - Jun 19, 2022
Where is FTX founder warning? that dude is leveraged out his eyeballs too lol
People learn this the hard way every cycle.
Even some hardware wallets like ledger are not even fully open source thus verifiably safe.
The ONLY true safe wallet in the WORLD, of ALL OF CRYPTO. Is the Bitcoin Core wallet. The one that has been going since Bitcoin/crypto existed. If that one fails or has flaws, crypto could RIP.
Every and all other wallets can fail, ETH, etc, and Bitcoin will still live on. As long as the longest tried and true Bitcoin Core wallet is still around. The future is bright.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - zPowers - Jun 19, 2022
bro how are they in debt when CB is doing giveaways every month ?? for over $100k to - $1m hmm hmm
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Itachi Uchiha - Jun 19, 2022
(Jun 19, 2022 02:07 AM)Truth Wrote: Where is FTX founder warning? that dude is leveraged out his eyeballs too lol
People learn this the hard way every cycle.
Even some hardware wallets like ledger are not even fully open source thus verifiably safe.
The ONLY true safe wallet in the WORLD, of ALL OF CRYPTO. Is the Bitcoin Core wallet. The one that has been going since Bitcoin/crypto existed. If that one fails or has flaws, crypto could RIP.
Every and all other wallets can fail, ETH, etc, and Bitcoin will still live on. As long as the longest tried and true Bitcoin Core wallet is still around. The future is bright.
Yea ok bud
(Jun 19, 2022 02:10 AM)zPowers Wrote: bro how are they in debt when CB is doing giveaways every month ?? for over $100k to - $1m hmm hmm
Cel did rewards and giveaways up until they locked all deposits/withdrawals. I think they’re still giving rewards as they steal their customers money. But sure, you’re the genius.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Marvelous - Jun 20, 2022
Only have 10k on coinbase rn and its on 4 day cool down after I bought it, but Im gonna move it off tonight.
I hate Coinbase. Im going to look into getting my FTX limits raised ASAP.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Swip3r - Jun 20, 2022
Chances are if your exchange offers any type of yield platform, you should be weary.
Regardless, always keep your crypto off exchanges.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - webdev77 - Jun 20, 2022
Crypto isn't decentralized if you all keep your coins on centralized platforms.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Parks - Jun 20, 2022
(Jun 19, 2022 02:10 AM)zPowers Wrote: bro how are they in debt when CB is doing giveaways every month ?? for over $100k to - $1m hmm hmm
I'd say that goes in the marketing budget; operating expenses lol.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - SIM-1169085 - Jun 20, 2022
Keep begging my mom and brother to get your coins off coinbase. -_-
They just don't listen to me.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - shreder - Jun 20, 2022
What's the source though? Trust me bro
I agree you should keep most of your $$ off an CEX, but you need to list sources.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Lilith - Jun 20, 2022
The coming recession is going to take a lot of big names down with it, at the expense of thousands if not millions of home investors. We're already seeing it happen and we haven't even hit the actual recession. A company like Coinbase, that's already bleeding so publicly, doesn't stand a chance to survive without outside support. Don't forget, if Coinbase goes bankrupt, your crypto isn't insured. They can't pay you, you lose your money. Full stop. No government bailout. No too big to fail. Just you and people like you getting fucked over because you were too lazy to setup a desktop wallet and pay the minimal transfer fees to withdraw.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - nelz - Jun 21, 2022
(Jun 19, 2022 02:07 AM)Truth Wrote: Where is FTX founder warning? that dude is leveraged out his eyeballs too lol
People learn this the hard way every cycle.
Even some hardware wallets like ledger are not even fully open source thus verifiably safe.
The ONLY true safe wallet in the WORLD, of ALL OF CRYPTO. Is the Bitcoin Core wallet. The one that has been going since Bitcoin/crypto existed. If that one fails or has flaws, crypto could RIP.
Every and all other wallets can fail, ETH, etc, and Bitcoin will still live on. As long as the longest tried and true Bitcoin Core wallet is still around. The future is bright.
What would you recommend as a good hardware wallet? Just ordered a ledger x a few days ago :/
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - nelz - Jun 22, 2022
(Jun 21, 2022 05:38 AM)Focus Broken Wrote: Ledger is closed source, which means you are trusting them not to steal from you. I recommend Coldcard, which is open source. They just cleared their order backlog for their new MK4 model.
Thanks for this. Unfortunately supports btc only so not good to me. There seems to be a big drop-off in terms of popularity and support for cold wallets after ledger and trezor. I went with ledger since they are the most proven and really. D'cent and SecuX for example look like more appealing wallets to me but Ledger looked like the 'safest' option for hodling.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - G Eazy - Jun 22, 2022
I only have around 1.5k on CB but I couldn't agree with you more. I will be moving it to Exodus today.
RE: Get Your Money Off ALL EXCHANGES RIGHT NOW - Migos - Jun 22, 2022
(Jun 19, 2022 01:42 AM)Itachi Uchiha Wrote: I’ve heard rumbles from credible sources about CB and CRO currently heavily in debt.
These are two of the top two exchanges in most of the world (Binance is #1 I believe)
Download Exodus, Coinbase Wallet(the wallet not the change), MetaMask, Safepal, trust wallet. There’s so fucking many pick one and YouTube that shit.
I don’t know if these exchanges will suffer liquidity issues, but why even chance it?
Not your keys not your crypto
Edit: Remember FTX founder(I believe) warned of this two months ago. Get your money off exchanges you idiots.
I never found it stable to leave coins in exchanges .
Who will hold them accountable no one. lol CB declares bankrupcy say bye to your coins.