Bitcoin Forum
May 10, 2024, 01:13:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: More exchanges shutting down, Hold your Asset with You  (Read 440 times)
348Judah (OP)
Hero Member
*****
Offline Offline

Activity: 714
Merit: 521



View Profile
May 11, 2023, 06:52:12 AM
 #61

We have warned many times before these shutting downs that no one should keep their Bitcoins or any asset in the exchanges if they don't have a plan of exchanging there within that particular day. Many are using it wrongly for keeping their assets there, thinking that it's okay to keep it and that the exchanges won't have any problems in the future. Aside from being hacked, they can file for bankruptcy and you'll never know when it will happen before they give an advisory to their users.

This is coming in again with the UK government and a decision as instructed that all Bitcoin Assets to be ceased in UK as the government made the announcement for its agencies on tax control system to engage every exchange found in UK to be under seizure, which means they are closing down every centralized exchanges in UK and it's better you move your assets away from exchanges (hot wallet) to a cold storage, not your keys not your coins.
https://twitter.com/BTC_Archive/status/1656239630612590593?t=51a3627vnu1PyOLOMa5Rvg&s=19

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
1715346781
Hero Member
*
Offline Offline

Posts: 1715346781

View Profile Personal Message (Offline)

Ignore
1715346781
Reply with quote  #2

1715346781
Report to moderator
1715346781
Hero Member
*
Offline Offline

Posts: 1715346781

View Profile Personal Message (Offline)

Ignore
1715346781
Reply with quote  #2

1715346781
Report to moderator
1715346781
Hero Member
*
Offline Offline

Posts: 1715346781

View Profile Personal Message (Offline)

Ignore
1715346781
Reply with quote  #2

1715346781
Report to moderator
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715346781
Hero Member
*
Offline Offline

Posts: 1715346781

View Profile Personal Message (Offline)

Ignore
1715346781
Reply with quote  #2

1715346781
Report to moderator
ZAINmalik75
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 600



View Profile WWW
May 12, 2023, 12:28:48 PM
 #62

This is coming in again with the UK government and a decision as instructed that all Bitcoin Assets to be ceased in UK as the government made the announcement for its agencies on tax control system to engage every exchange found in UK to be under seizure, which means they are closing down every centralized exchanges in UK.
I think such kind of decision from government indicate that should stay away from Centralized exchange, because in few thread's people discussed about  how his assets seized by in Coinbase and many more centralized exchange due to government orders, also collapse of FTX is a big lesson for those who are interested to store his assests in exchanges rather than just used exchanges for trading,
The best option which I personally used and every Bitcoin investor should use too because of his reliability and security is (Ledger Nano X)

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!