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Author Topic: decisions of traders and investors  (Read 590 times)
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July 21, 2019, 05:32:30 PM
 #41

after we heard that the Binance market was hacked, and 7000 BTC was lost from the Binance trade, in your opinion, what were the decisions of traders and investors?
1. Will they stay at Binance?
2. Will they go to another exchange?
3. if they leave Binance, what exchange will they choose?

You need to understand that even though binance was hacked, there was no loss to the customers funds. All the loss was insured by the safu funds. This means that binance exchange is the best. I do not think there is any exchange which is as big as binance is now and they are also establishing their decentralized exchange.
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July 21, 2019, 05:47:48 PM
 #42

after hacking on binance, I think this exchange is like there is no significant shock. with evidence that there are still many investors who remain in binance, and binance still has the highest volume of other exchanges. and myself at that time still had assets at binance, fortunately my assets are still safe today


I am also still trading at binance even I know that our funds are not safe there. They are the biggest trading exchange and they should have a fool proof system. As a precaution I do not keep extra funds on exchanges and withdraw as soon as I am done with trading.
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