what is your lost from FTX collapse

[merekamo]

I don't have an account at FTX. However, I only have a few BNBs that have been affected by the FTX case. I actually avoid storing assets in the form of coins or tokens on the DEX. I move and save my tokens to my wallet. The reason is simple, to avoid data leaks and loss of money if one day gets hacked.

[Crypto-Ivan]

I'm not using FTX, but I've been indirectly affected by this event, which has impacted the market, with most cryptocurrencies falling during this bear market.
I believe that the bitcoin price of the investment will rebound, or continue to hold for a long time to reduce losses as much as possible.

[Odusko]

$0 because I only used the exchange on a few occasions and I don't leave any balance on the exchange, but I have some close friends who lost huge amounts in the FTX exchange hack and most of them are traders who leave their capital on the exchange.
I don't want to believe that FTX customers have lost their money already because a big exchange like FTX will have a reserve where their settle client's in time such as this

[michellee]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

I did not lose anything from the FTX bankruptcy because I don't have an account there. I am sorry that many people have lost a lot of money, especially those who invested in FTT tokens. Although I'm not sure that FTX will replace all user assets, we better stay optimistic that all the problems that happened at FTX can be solved soon and people can get their money back. I am curious to know how long this case will be finished because, with such a large amount of money plus FTX, who is already in bankruptcy, this will be one of the biggest cases this year.

[Dimitri94]

The sudden collapse of FTX nearly knocked investors throw down from the sky. I am also a victim of this. My assets were in other exchanges so I didn't face any problem in withdrawing them. However, I sold my tokens after my asset value dropped by about 70 percent. Mos of us have been affected by this collapse.

[kennycarder]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

Your loss is only $120, so don't ask about other people's losses. You are very lucky. Many people can't find a place to cry when they want to cry. If you are not a newcomer and have experienced bulls and bears in the cryptocurrency market, your mentality will become normal in this matter. No matter what happens, it is normal. Because digital currency is still a child, there are no rules of the game, and everything starts from the heart. If SBF does not do evil, if there is orderly and fair competition in this market, everything may be better. But without contradictions, there is no driving force for the development of things.

[libert19]

None from the exchange itself, btw good for you that your lesson didn't cost as much.

[dwminer1]

"Bragging" your losses in public doesn't seem like a good idea to me. However, I believe that both, people who lost money and those who fortunately avoided it, should take a valuable lesson from this situation - remember to keep as little funds as possible on the exchanges, always DYOR and track your investments to react in time of dangerous news. Of course, some situations cannot be avoided, but you must try to do everything to minimize the risk of losses.

[sulendra12]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

After FTX bankruptcy, it feels like the exchanges have to be transparent with their hot and cold wallet amount. I got an e-mail from KuCoin revealing their value in the wallet(although it's not all) but it gives me an insight at least about how is that exchange going to manage the currency in the future. But still, it's not recommended to store money in online wallet even though it's just a small amount, you are not controlling your own money if you put it there.

[rozak]

"Bragging" your losses in public doesn't seem like a good idea to me. However, I believe that both, people who lost money and those who fortunately avoided it, should take a valuable lesson from this situation - remember to keep as little funds as possible on the exchanges, always DYOR and track your investments to react in time of dangerous news. Of course, some situations cannot be avoided, but you must try to do everything to minimize the risk of losses.

although a little I'm sure it's not necessary. why keep it on the exchange? we know the risks.
unless you are aware, if you put an asset on the exchange, it means you are ready to lose if something happens to the exchange. the assets you have on the exchange are out of control. don't play with fire. even though it is small it can burn you when you are negligent.
after the events that happened to FTX, I believe more and more traders and investors will wake up to this understanding. they used to underestimate the security of reputable exchanges. but now, everyone will be more vigilant.

[inthelongrun]

FTX has been one of the exchanges in which I want to open an account over the years. Maybe because I am busy and I already have many accounts in different exchanges, I always forgot and bypass them. Now I am lucky not to create an account there or I would've lost some money.

What happened with FTX is another reminder that we need to keep up hard-earned coins on non-custodial wallets. Although for the traders, they have to be extra careful in picking the exchange they want to trade. We can also trade on different DEXs although they aren't that great, especially on fees but obviously safer than centralized exchanges.

Due to FTX, exchanges are now trying to become more open and transparent with their funds. And authorities will soon be requiring more regulatory rules in order to avoid the same fate wherein clients' deposits were being used and mismanaged.

[Sayeds56]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

I was very lucky because I did not deposit any money on the FTX platform and never tried to trade on it before, although I used to think that this platform is strong and can survive but it quickly went bankrupt and was hacked, so this teaches us not to trust any exchanges, the only advantage What I need is P2P but I can do without it if my money is in danger of losing, there are those who lost a lot of money on FTX platform, yesterday I checked what users posted on the official telegram group of the FTX platform and found that there are millions of victims.

I was lucky too for not opening account in FTX exchange because I think Coinbase is Top exchange for its reliable security system and and it is listed on Nasdaq exchange of USA which makes it accountable to its regulators as well as its investors. The 2nd best in my opinion is Binance because they have highest number of listed coins/tokens pairs as well as they secure assets of their account holders by insurance fund. These are the reasons I prefer to deal with these 2 exchanges.

[shinratensei_]

I had some hundreds dollars of stable token in FTX and i just remember if i had it on my FTX account. I never expect if FTX to go collapse like this fast. I never think that the battle between CZ against SBF will be revealing the true face from FTX. It's very sad for me to lose a few hundreds dollars caused by i can use it to buy some needs to fill my daily life.


Luckily i have been moving lots of my funds from FTX since there was a big dump that came to the crypto market. People shall move on with FTX caused by they must also see another exchange site that may have same behavior like FTX

[CryptoYar]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Zero (0)!  I used this exchange in 2021 and withdrew my funds before un-installing their app

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

$1600. What a sad day

Always remember that exchanges are for trading, not for holding your cryptocurrencies. Use a non-custodial wallet. Or a hardware wallet if possible.

[o48o]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Zero (0)!  I used this exchange in 2021 and withdrew my funds before un-installing their app

Lucky us. Or i guess you were more prepared if you don't usually keep money in cex. I got my IMX and GODS airdrop that i sold them in there (as they were mostly trading in there). And i even wouldn't have withdrawed my money if they had listed my favourite crypto. Luckily they didn't and i moved my money into binance.

I holded "unu sed leo" there for a long tlme though and played with their leverage which gave me 20x for some reason when others gave less. I guess that was a regional thing. Too bad this happened, i was waiting for their debit card as well and with that i probably would stayed as their customer.

[SirLancelot]

I was lucky too for not opening account in FTX exchange because I think Coinbase is Top exchange for its reliable security system and and it is listed on Nasdaq exchange of USA which makes it accountable to its regulators as well as its investors. The 2nd best in my opinion is Binance because they have highest number of listed coins/tokens pairs as well as they secure assets of their account holders by insurance fund. These are the reasons I prefer to deal with these 2 exchanges.

Nearly the same reason, I believe Binance is the best one and have been using it since it first started, and ever since that day I never had the need to use any other exchange.

I remember there was this token gifted to me because of some things I did, not airdrop but like a friend basically, and I wanted to sell that and it was in one weird low level exchange, I registered and sold it and took my cash out, but it’s obvious that we are talking about a horrible one, after a month or so I heard that that exchange closed up and said they were hacked too. So, I can easily say that it’s too common and Binance is literally the only place I can trust, but I understand coinbase too.

[Mpamaegbu]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

Perhaps we all are casualties in this whole FTX issues. Everyone can feel the ripple effect. The entire market can testify to that. We've seen how even Bitcoin and the rest have reacted negatively with dips. Again, those who also have funds in exchanges that heavily depend on FTX for their transactions will also be dealt another blow in days to come. My advice is that those who are should quickly move their funds to a safe place immediately. Since FTX is bankrupted, it's likely those dependent exchanges on it will declare bankruptcy and then hastily disable withdrawals. This is really a trying moment for the crypto industry.

[Xal0lex]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

My loss because of FTX bankruptcy was 0.000000$ since I try not to use centralized exchanges, go through KYC and keep my coins there. You said the right thing about "Not your keys , Not your crypto". Then why do you keep losing money? It's time not only to write about it, but also to use it. FTX once again showed how dangerous centralized services are and that they are not to be trusted, no matter how powerful they may be.

[Wakate]

Due to huge crypto exchange FTX brankcupcy . what is your lost amount?

my one is 120$ and i got the a new message that "Not your keys , Not your crypto"

This is one of the song that many experienced investors used to tell people being careful about exchanges. Since you don't have access to the private keys then it can never be your coins. Even with these kind of senerio that had been happening for long now, some people still keep all their coins on exchanges to hold their and most time, they even stake it and expect big APY which can be profitable but still very risky. We should learn from other people's mistake and keep our coin in our wallet to avoid painful story like this.

[Golfler]

$0 because I only used the exchange on a few occasions and I don't leave any balance on the exchange, but I have some close friends who lost huge amounts in the FTX exchange hack and most of them are traders who leave their capital on the exchange.
I don't want to believe that FTX customers have lost their money already because a big exchange like FTX will have a reserve where their settle client's in time such as this

Maybe it’s a conspiracy? There are too many like your friend, and the centralized exchange is really too insecure. I have suffered losses in the exchange again and again, and retail investors can’t guarantee their basic rights at all.