This is where decentralized exchanges will eventually come in to play. I primarily use the Bitshares exchange, but apparently Bisq works as well (in a different way). Having a honeypot exchange creates the same issue that Bitcoin was developed to solve.
RE: If most people hodl on Binance, then Binance has the majority stake in many PoS coins 😱
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If most people hodl on Binance, then Binance has the majority stake in many PoS coins 😱