Binance Involved in LUNA SCAM

[lepbagong]

All these problem are caused by CEX, decentralized trading protocols will take over when traders realize the damage CEXes are causing. Binance announced luna delisting twice. They also announced a luna delisting yesterday, but then they changed their mind, before delisting it, what they should had done earlier before it went to zero

is it true that the effect of CEX? TerraUSD (UST), a stablecoin whose value should have remained pegged to the United States dollar, but didn't work as it should, actually saw a decline in price. why does it happen where the price should stay, has it really happened as my friend above said. there is still a lot of speculation circulating about the situation with LUNA, of course this is something that is very bad for LUNA for crypto developments in general.

it seems that not only binance is doing that, almost every exchange has closed as soon as possible, maybe even local exchanges in every country have this happen. many who have held LUNA for a long time are confused, because they have to move their assets on the exchange because of the closure.

Will LUNA's situation get worse, even after the LUNA bubble? by minting several billion tokens and dramatically increasing the number of tokens in circulation, further accelerating LUNA's price crash in an attempt to save UST. Is it true that this situation continues to be unfavorable to LUNA in the future? still needs to be learned more but most importantly all LUNA holders can get the best news going forward.

[inanilujimi]

I think the one to blame here is not the exchange, but yourself, why should you put money in without doing some research on the project first.
exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.

[Doell]

I think the one to blame here is not the exchange, but yourself, why should you put money in without doing some research on the project first.
exchange is just a service provider for trading and there are lots of altcoins you can buy, why choose Luna? because basically nothing forces you to invest in any project.

I think It can't be said like that, the fault is not OP or other holders, they also analyze before put money in to this platform. Nobody predicted that beforehand, but the developer got it wrong on the side by increasing Luna printing by day and as a result, plunged in until it probably wouldn't be worth it in the market. Binance and other marketplaces are indeed services and there is nothing wrong with them, they are all a business.

[goldkingcoiner]

I have been saying not to trust Centralised Exchanges since day 1. Especially not made-in-china/chinese owned exchanges which are never to be trusted. The worst part about it is that people still give them their coins and their personal data (via KYC). It is all going belly up one day and on that day I will say the same thing again: Do not trust a CEX, ever!

We already have the beginning of DeFi solutions which, albeit amateurish, do seem to work on a stable basis. So there is absolutely no need for a CEX, as is.

The full DeFi adoption needs to happen faster so that we can speed up the rate of DeFi and Web 3.0 technology. Centralization goes against everything that crypto stands for.