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RE: Should Binance users be worried over the exchange?

in #cex9 months ago

No worries cos I wanna believe the crypto industry have evolved not to be impacted with some harsh government decisions but the good news here is that it wasn't all exchanges in the affected 2 countries that are affected. The likes of Bitget still operates in India and Russia and would be a good option cos they are currently ranked top 5 particularly in derivatives

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I really gotta commend the exchange you mentioned above, they have really done well in terms of complying with global regulations. They really stepped up for users as a good alternative while other exchanges where exiting due to one regulatory issues or the other.

2023 was too dramatic for Binance and i doubt that their global users are indifferent. I hope they get their game together, going into the bullrun the market is expected to expand and welcome more participants, i reckon other exchange competitors will be happy to service such countries they’ve exited

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