Koinex users are choosing Binance over Indian exchanges to move their funds after the Koinex Shut down. Is it a trust issue or simply an awareness problem?
After the closure announcement by koinex india exchange users have started withdrawal of holdings limited to another Exchanges. As per the news shared in this article a Biggest chunk of XRP sent to Binance exchange.
I think this is beacuse is of less awareness problem as Binance is more popular than other exchange like WazirX and Bitbns or coindcx.
This is sad situation but we have to deal with it. Even i have made a transfer but it has not completed yet and I am not sure why it's taking time.
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