RE: [dtube] Daily: Binance Resumes / MyEtherWallet Breaks UP

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[dtube] Daily: Binance Resumes / MyEtherWallet Breaks UP

in bitcoin •  7 years ago 

I am a big fan of Binance Though i do not like the idea of minimum withdrawal limits.

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7 years ago by

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      ·  7 years ago 

    Arguments against keeping coins in exchanges like Binance:

    You don't own the private keys of your wallets.
    Most are unregulated and uninsured.

    I keep 0% in exchanges and you should too!!!

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        ·  7 years ago 

      Absolutely 100%

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        1 vote
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          ·  7 years ago 

        I think the Bitgrail situation showed everyone the dangers of leaving Coins in exchanges. Although if there was one exchange I would trust, it would be Binance.

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            ·  7 years ago 

          Trust yourself and self educate yourself so that you don’t need to trust the exchanges to store your money. Be your own bank

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            [-]
              ·  7 years ago 

            Cold storage is great for people looking to "Hodl" but not for day traders, swing traders etc.

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              [-]
                ·  7 years ago 

              Yeah, that mininum withdrawal got me but it is still better than blockchain confirmation isssue

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                [-]
                  ·  7 years ago (edited)

                It does tend to create problems especially for people with lower trading amounts, although they're working on a solution to enable users to trade fractions of coins for binance coin. The point being binance coin = Dust. We shall see.

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                  [-]
                    ·  7 years ago 

                  yup ...they dont want somebody withdraw...hehehe n no fractional trade also ...thts the flaw

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