One more exchange burried thousand more users without access to their funds...

in #btc-e7 years ago

With another exchange taken down because some users are criminals thousand of honest users lost access to their funds.
the recent take down of BTC-e resembles a lot the story of Mt.gox, I personaly was impacted by Mtgox colapse and decided to move all my funds to the Bitshares DEX, best thing I did...

So, with examples like, Mtgox, cryptsy, btc-e ... why do people prefer to take the risk of these platforms rather than moving to a DEX?

Sort:  

and for the first time, bitcoin price is actually up after such an event. This is HUGE for the price not to crash from such a significant amount of long-term loyal users being burned in this way.

BTE-e was already dying anyway... so a crash would be not anticipated. Polo on another way... could cause some damage.

Well!!!! guess what?

This page isn’t working

poloniex.com is currently unable to handle this request.
HTTP ERROR 500

Exchanges are risky. You should only keep whats necessary for trading on an exchange. You should have a wallet on a separate clean computer for your crypto savings.

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.038
BTC 95634.12
ETH 3333.35
USDT 1.00
SBD 3.08