Quote (SSJ3 @ Jul 17 2024)
If just for hodl: bybit or binance
If you swing/daytrade or scalp: deribit or mexc altho, altho there has been some rumors that ppl lost their money while trying to payout on mexc so i would say deribit is your way to go
u very brave and should study this post which keeps tabs on many exchanges shady practices and whatnot:
https://old.reddit.com/r/Monero/comments/1drzhth/localmonero_alternative/lazk36a/and btw, binance has been documented so much at this point to expose the fractional reserve scam and shady practices they been doing, i wont even feel bad for people that get fucked by them cause yall keep ignoring the red flags
centralized exchanges are not for hodl
it's not an
if but a
when a centralized exchange will exit scam and pull a mt.gox on ya
and the bitcoin experiment clearly failed
when it was made with self-custody in mind to avoid entities to take over people's funds
it ended up being what it was meant to fight against