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Reddit Posts

r/CryptoMoonShotsSee Post

PRESALE | Sponge V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 Before Listing

r/CryptoMoonShotsSee Post

$KingMyro the new King Memecoin | Presale on Pinksale starts at 2024.01.31 19:00 UTC | Contract Renounce

r/CryptoMoonShotsSee Post

$KingMyro the new King Memecoin | Presale on Pinksale starts at 2024.01.31 19:00 UTC | Contract Renounce

r/CryptoMoonShotsSee Post

Presale | Sponge V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 In 2024 | Can It Go 100x Again?

r/CryptoMoonShotsSee Post

Missed $MYRO | You're still on time for MYRO2.0 on BSC | Incredible marketing | Launching Tomorrow

r/CryptoMoonShotsSee Post

PRESALE | Lmeow | ERC-20 | AI Driven Meme Coin With Staking | Presale Almost Sold Out | Join Now Before DEX/CEX Listings

r/CryptoMoonShotsSee Post

Presale | $SPONGE V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 In 2024 | Will It Do 100x Again?

r/CryptoMoonShotsSee Post

Saudi Bonk – Coinmarketcap trending top 2 | More than 400% increase in value for the last 24 hours | Already listed on CEX | Arabic version of Bonk | Staking, AI, NFT, P2E game utilities | 0/0 tax | Incredible marketing | The team did 100M + MC project before

r/CryptoMoonShotsSee Post

Saudi Bonk – Coinmarketcap trending top 2! | +400% for last 24 hours | Listed on CEX | Arabic version of Bonk | Staking, AI, NFT, P2E game utilities | 0/0 tax | Amazing marketing plan | Team did 100M + MC project

r/CryptoMoonShotsSee Post

Saudi Bonk – Coinmarketcap trending top 2! | +400% for last 24 hours | Listed on CEX | Arabic version of Bonk | Staking, AI, NFT, P2E game utilities | 0/0 tax | Amazing marketing plan | Team did 100M + MC project

r/BitcoinSee Post

Lightning CEX to CEX, cheap & safe?

r/CryptoMoonShotsSee Post

Presale | Sponge V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 In 2024 | Will V2 100x Again?

r/CryptoCurrencySee Post

Moving out of coinbase, worried about depositing crypto to another CEX.

r/CryptoMarketsSee Post

Where can I see combined total CEX crypto open leverage trade volume lively?

r/CryptoMoonShotsSee Post

Presale | Sponge V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 In 2024 | Will History Repeat Again?

r/CryptoMoonShotsSee Post

Presale | Sponge V2 | ERC-20 | Missed Sponge's 100x Pump in 2023? | Now's Your Chance To Buy Sponge V2 In 2024 | 100x Again?

r/CryptoMoonShotsSee Post

Exploring the Innovative World of JOKER Token - Best Potential - Join the Active Community

r/CryptoMoonShotsSee Post

Exploring the Innovative World of JOKER Token

r/CryptoMoonShotsSee Post

Exploring the Innovative World of JOKER Token

r/CryptoMoonShotsSee Post

Saudi Bonk – Listed on CMC today! | Arabic version of Bonk | Staking, AI, NFT, P2E game utilities | 0/0 tax | Amazing marketing plan | 650k mcap | Team did 100M + MC project

r/CryptoMoonShotsSee Post

Saudi Bonk – Just listed on CMC! | Arabic version of Bonk | Staking, AI, NFT, P2E game utilities | 0/0 tax | Amazing marketing plan | 650k mcap | Team did 100M + MC project

r/CryptoCurrencySee Post

Why do almost all ICO / IDO platforms require KYC? How safe it is to do?

r/CryptoMoonShotsSee Post

$BNB is now bridgeable across Bitcoin, Ethereum, ARB, AVAX and Solana using the #OrdiZK dApp

r/CryptoMoonShotsSee Post

Solawave | I found SOL with sick website | good play

r/CryptoMoonShotsSee Post

Solawave - Сommunity Driven Meme Protocol Built on The Solana

r/CryptoMoonShotsSee Post

Want To Know What The Next Big Thing Is? It's Mickey Of Course! 1000X GEM Now Listing ON CEX SOON. World Known, The Biggest Meme Of 2024 And Beyond! Don't Get Left Behind! Grab A Piece Of Your Childhood Today!

r/CryptoCurrencySee Post

MANTA ERC-20 token address? Anyone?

r/CryptoMoonShotsSee Post

Day 4 for FLOPPA - Bulls on the Horizon, GotBit Hedge Fund Partnership Live! (BONK and MYRO marketing firm) 600k MarketCap sleeper, New CEX listings soon.

r/CryptoMoonShotsSee Post

Solana's next up, FLOPPA. Reaching nearly 1k holders and $1.5M market cap in just 24 hours. Massive KOL's campaigns to be rolled out and more.

r/CryptoMoonShotsSee Post

$FLOPPA - Solana's next OG Meme Superstar. Reaching nearly 1k holders and $1.5M market cap in just 24 hours. Massive KOL's campaigns to be rolled out and more

r/CryptoMoonShotsSee Post

Lil Grok $LGROK | Join Our Meme Revolution | Check our roadmap!

r/CryptoMoonShotsSee Post

BONKGIRL - Launch 18th January at 16:00 Utc

r/CryptoMoonShotsSee Post

Saudi Bonk – Arabic version of Bonk | Launched yesterday – still early | Staking, AI, NFT, P2E game utilities | 0/0 tax | CMC & CG listings this week | Amazing marketing plan | 830k mcap | Team did 100M + MC project

r/SatoshiStreetBetsSee Post

Landshare ($LAND): Revolutionizing Real Estate Investment

r/CryptoMoonShotsSee Post

Introducing Meme Fighter

r/CryptoMoonShotsSee Post

$TRUMP Trump token | Low MC ( $1m atm) | Insane Risk for Insane Returns

r/BitcoinSee Post

For people who DCA and hodl, how many sats do you allow to accumulate in a CEX before you transfer them to your non-custodial/hardware wallet?

r/BitcoinSee Post

Bitcoin is protection from the inflation of the Fed. It is not really protection from the inflation of Banks

r/BitcoinSee Post

Wouldn’t keeping it on the Exchange be safer? (Don’t murder me)

r/CryptoMoonShotsSee Post

OZK project is 1 month old but it is already one of the best #BRC20 coins, huge potential in 2024

r/BitcoinSee Post

Phoenix v CEX

r/CryptoMarketsSee Post

wSol swap issue

r/CryptoMoonShotsSee Post

A 300k Marketcap GEM! $SOLO

r/CryptoCurrencySee Post

I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.

r/CryptoCurrencySee Post

I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.

r/CryptoCurrencySee Post

I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.

r/CryptoCurrencySee Post

I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.

r/CryptoMoonShotsSee Post

Breaking: $SOLO - The Hidden Gem Beyond CMC and CEX!

r/CryptoCurrencySee Post

Avoiding tainted BTC/crypto

r/CryptoMoonShotsSee Post

Exploring the potential of $Yourmom

r/CryptoCurrencySee Post

Staking ATOM on Coinbase or Crypto.com comes with opportunity cost

r/CryptoMoonShotsSee Post

Bixi(utility+meme)

r/SatoshiStreetBetsSee Post

Last call before PARABOLIC PUMP! $PROPS

r/BitcoinSee Post

CEX increases value of BTC when transactions are made

r/BitcoinSee Post

Bitcoin Market Capture in New Zealand - Are Easycrypto Bankers Cartel Operatives? The evidence is circumstantial and not conclusive, but is substantial.

r/CryptoCurrencySee Post

North Korea is a major player in crypto theft, but then what?

r/CryptoCurrencySee Post

Thanks to CEX delisting, we have now at least 3 atomic swap implementations for Monero.

r/CryptoCurrencySee Post

1 popular DEX is becoming more like a centralized exchange but worst actually

r/SatoshiStreetBetsSee Post

Guys, it's your last chance to buy $PROPS ( @PropbaseApp on X) before it skyrocket!🚀

r/CryptoMoonShotsSee Post

I strongly believe $OZK is a great buy right now, it's not a shitcoin or a scammy meme

r/CryptoCurrencySee Post

XLM pricing not tied to volume events?

r/CryptoMoonShotsSee Post

Leslie | Meme coin with no intrinsic value or expectation of financial return | Initiated with a rocky start | LP Burnt | Zero Tax

r/CryptoMoonShotsSee Post

$IAI - Illuminati AI | Experience the future of crosschain transfers right in your telegram app | Safu Utility | First Mover

r/CryptoMoonShotsSee Post

Baby Elon, the next crypto leader IS COMING |||

r/CryptoMoonShotsSee Post

BI XI (Dragon year meta. Safe team)

r/CryptoMoonShotsSee Post

Just a few of the reasons why $OZK will probably have a huge pump soon

r/SatoshiStreetBetsSee Post

Just a few of the reasons why $OZK will probably have a huge pump

r/CryptoMoonShotsSee Post

BIXI $BIXI | Low Market Cap | XRP Rewards | LP Burned CA Renounced

r/CryptoMoonShotsSee Post

BIXI $BIXI | Low Market Cap | XRP Rewards | LP Burned CA Renounced | Big Marketing Campaigns

r/CryptoMoonShotsSee Post

BIXI $BIXI | Low Market Cap | XRP Rewards | LP Burned CA Renounced | Big Marketing Campaigns

r/CryptoMoonShotsSee Post

BIXI $BIXI | Low Market Cap | XRP Rewards | LP Burned CA Renounced | Big Marketing Campaigns

r/CryptoMoonShotsSee Post

Lumishare; sustainable, tangible asset opportunities | Listing on multiple CEX soon!

r/CryptoMoonShotsSee Post

JBONK - junior bonk - about to explode on Solana - based dev - LP burnt - mint renounced - trending about to start.

r/CryptoMoonShotsSee Post

Baby analoS $BNBLOS | The hottest $SOL reflection token on BSC

r/SatoshiStreetBetsSee Post

How I was able to HODL through the bear market by staking

r/CryptoMarketsSee Post

CelEX.IO is not letting people withdraw

r/CryptoCurrencySee Post

I think CEX.IO is ripping people off

r/CryptoCurrencySee Post

Huge liquidity crunch in Monero forces exchanges to halt withdrawals and delist it

r/CryptoCurrencySee Post

Huge liquidity crunch in Monero forces exchanges to halt withdrawals and delist it

r/CryptoMarketsSee Post

Dogecoin and Shiba Inu Fetch Gains Despite Crypto Whales Pouring Millions Into Circulation via CEX Influx

r/CryptoMoonShotsSee Post

TOTO Coin - An memecoin with Allot of History Behind

r/CryptoCurrencySee Post

DEX that fulllfill all checkmarks?

r/CryptoMoonShotsSee Post

Launch today on uniswap at 16PM UTC! Doxxed Team, Experienced Marketers. 3/3 Tax & Renounced CA. ERC20

r/CryptoMoonShotsSee Post

WhatBot ERC-20 | Launch Today 16PM UTC | Simplify token creation, marketing, and management with Launch Bot

r/CryptoMoonShotsSee Post

WhatB0T ERC-20 | Launch Today 16PM UTC | Simplify token creation | CA Renounced | Experienced Marketers on board

r/CryptoMoonShotsSee Post

$WHAT ERC-20 | Launch Today 16PM UTC | Simplify token creation

r/CryptoMoonShotsSee Post

WhatB0T ERC-20 | Launch Today 16PM UTC | Simplify token creation, marketing, and management with Launch B0T

r/CryptoMoonShotsSee Post

WhatBot ERC-20 | Launch Today 16PM UTC | Simplify token creation, marketing, and management with Launch Bot

r/CryptoMoonShotsSee Post

Chimpzee Burns Another 1 Billion tokens drops Supply to 26 Billion!

r/CryptoCurrencySee Post

PSA: Don't trade futures if you're in a country that doesn't allow it.

r/CryptoMoonShotsSee Post

KE LP | BEP-20 | Utility Token | Wallet | Trading Engine | Staking | Dex | Ecosystem | Private SALE Is LIVE

r/CryptoMoonShotsSee Post

KELP | BEP-20 | Real Use Utilities | Wallet | Trading Engine | Staking | Dex | Ecosystem | Private Sale Is LIVE

r/CryptoMoonShotsSee Post

KELP | Presale Is Live | BEP-20 | Utility Token | Wallet | Trading Engine | Staking | Dex | Ecosystem | Private Sale Is Filling Fast | Launching Soon

r/CryptoMoonShotsSee Post

PRESALE | Kelp Token | BEP-20 | Real Utilities | Wallet | Trading Engine | Staking | Dex | Ecosystem | Filling Fast | Launching Soon

r/CryptoMoonShotsSee Post

PRE-SALE | Kelp | BEP-20 | Utility Token | Wallet | Trading Engine | Staking | Dex | Ecosystem | Presale Is Filling Fast | Don't Miss It

r/CryptoMoonShotsSee Post

$PAMPA - Pampa Claus is the ultimate holiday homie - Pampa Claus Airdrop

r/CryptoMoonShotsSee Post

$PAMPA - Liquidity Locked for Peace of Mind - Pampa Claus is the ultimate holiday homie - Pampa Claus

r/CryptoMoonShotsSee Post

$PAMPA - Liquidity Locked for Peace of Mind - Arbitrum: Making Crypto More Accessible - Pampa Claus is the ultimate holiday homie - Pampa Claus $50 Airdrop

r/CryptoCurrencySee Post

Worst CEX in crypto

Mentions

yup ive heard that the IRS is implementing the Form 1099-DA for 2025. but for 2024, things will probably still be the same? so when you say next year's tax season you really mean when we have to file in 2026 for 2025 activity. but when we will next spring in 2025 for 2024 activity then its still the same as it has been. but i have also heard people say that CEX's sometimes are already sharing users activity/transactions with the IRS even aside from what gets reported on the annual forms that they generate. not sure if thats true or not.

Mentions:#CEX

Margin is how they force sells and how market makers can initiate sells. You don't buy on margin. You use margin as a means of liquidity and paying for what you need or they will get you. Brokerages are not your friend and you are the product. The whole time GameStop went down significantly three years, SEC issues a wells notice for crypto and then meme stocks spike. It lets me know to get away from brokerages and into crypto. They are corrupt and are manipulating the markets. Any CEX can and will go bust even Robinhood and Coinbase. The reason bad policy with the send receive. It will ruin and cause bank runs.

Mentions:#SEC#CEX

You only mention the differences that are in favor of cryptocurrencies, but you did not rebate the difference that makes gold a store of value and makes crypto a sinkhole of value: durability. Think about it for one second: how can a store of value store value on the long-term when you have to constantly pour an ever increasing amount of value just to sustain its existence. You leave gold in a chest buried somewhere, it will remain there for longer than we might exist, on the other hand, Bitcoin requires functional civilization around it to merely remain in existence. This doesn’t mean that crypto can’t be valuable, it can, but it means it cannot work like gold as a store of value. At least, cryptos like Monero, have a built-in mechanism that makes storing value sustainable on the long-term through the financing of mining by tail emission (which is an asymptotically deflationary transfer of value from holders to miners. Greedy bitcoin holders don’t realize they are making the network insecure overtime by not rewarding those who keep it safe). Don’t you notice the contradiction in your own words? How can something be “censorship-proof” and unable to be used for crime? If it can be persecuted by law enforcement, it cannot be censorship-proof. And we know it isn’t, right? The recent cases of Tornado cash, samourai wallet, shows very clearly the dangers of transparent blockchains. Imagine selling a bitcoin to someone, who uses it down the road for criminal purposes, and then I get persecuted and held liable because it came from my CEX. What a bleak world delusional number go up users have put crypto. Bitcoin is terribly centralized, if it was a menace at all for governments, it would be quite easy to attack the network by attacking the few miners who collectively control 70% of the hash power. Which leads us to another issue: bitcoin lack of ASIC resistance made the network security centralized to the point where you do not own your bitcoin, because the miners own the network. Having a bitcoin is like having a promissory of gold, and even though you can easily cross borders with your promissory, you cannot do it with the gold itself, in the case of bitcoin, the highly specific and expensive mining equipment. But before you think I’m making a point against crypto, no, I’m not. I’m making a point against believing that bitcoin is a store of value, ie valuable in itself. I believe crypto has value as long as it has demand, and it has demand as long as it has an use case. And selling to next person for a higher price is not an use case that will last long.

Mentions:#CEX

Lol You simply don’t understand… were you even in the space during Anchor’s prime? I’m not mentioning CEX/DEX bc the listing made LUNA/UST legitimate. I’m mentioning them because those institutions themselves were over-leveraged themselves in LUNA, which caused a domino effect of crashes when LUNA fell

Mentions:#CEX#DEX#LUNA

And here I am still waiting on a payout from a CEX. Been waiting since 30k and could have had a whole bit. Now here we are. I hate life.

Mentions:#CEX

Tbh if he knew what he was doing he'd probably have a hardware wallet. Alternatively he has a software wallet although you might still need a password to access, or best case he has an accessible private key somewhere in a text file (although that could well be encrypted too). The next option is he had everything on a CEX but that seems unlikely—although the more you can gather about his online/offline credentials (logins/passwords etc) the closer you'll come to mapping out the full picture. One other point—assuming that your uncle had a will you may not be the sole beneficiary of anything that you find, I'd be pretty careful (and probably seek legal advice) if you suddenly gain access to a large amount of Bitcoin/crypto.

Mentions:#CEX

You do understand that projects PAY to be listed on CEX's..... right?  Think it's $80k to list on Binance, plus $60k of the token.  Being listen on a CEX gives the appearance of legitimacy,  the reality however is that the project just paid a boatload on money in exchange they purchased the appearance of legitimacy.  And it doesn't take hindsight.... it was LITERALLY laid out in LUNA/UST's white paper exactly how the mechanism worked to maintain the stablecoin peg! The math made the ASSUMPTION that value in the ecosystem was in a CLOSED loop. Anyone who bothered to read it and actually PROCESS how that mechanism would work in the real world immediately saw the fundamental flaw in it when it came to a situation that put fear into holders in that ecosystem.... a certain % of them WOULD be guaranteed to stampede for the exits and that would cripple the mechanism and cause a significant % to further leave once the mechanism failed to hold the peg. Once that happened, it was always going to result in a run away minting death spiral!  It was with good reason I didn't touch LUNA or UST with a single $!  It was a steaming pile of dog shit from the start that was obscured by some fast talking from the cult leader in charge of it, who's own ego and hubris directly caused how bad it unwound! He fuckin KNEW the risk was there, but he deliberately discounted it as it fell outside the mean and wouldn't be a problem unless it became a problem!  You can't have a SYSTEMATIC fault in your system and then discount it..... it's a fuckin SYSTEMATIC fault! That means they entire system is just waiting to IMPLODE, while everyone HOPES it doesn't!  The fuckin height of arrogance!  And here we are.... systemic failure!  Why TF would anyone trust that shit! The fact so many did, tells me clearly that most people are crowd followers and AREN'T  really doing their own due diligence!  The fact a heap of people "trusted" it is meaningless, it just speaks volumes about the lack of weight I would attribute to those peoples judgement in my own due diligence! 

Mentions:#PAY#CEX#LUNA

Ugh, I feel your pain brother. Don't ever keep your money in CEX from now on, please

Mentions:#CEX

I bet he keeps it on CEX

Mentions:#CEX

Another reason to not use CEXs. The CEX becomes a huge target, and you become a bigger target at that. P2P no-KYC, no links or strings or attachments, cold storage and that's that. All coming in, no going out.

Mentions:#CEX

So you kept your bitcoin on a CEX? ARE YOU PEOPLE EVER GONNA LEARN?????????????????

So let's say you bought BTC on a CEX and sent it to a self-custody wallet. Then you send it from that self-custody wallet to Bitrefill. This is all very traceable back to your CEX KYC information. Sooner or later, the IRS will go back through all sorts of blockchain transactions and map them back to CEX addresses with KYC'd info and come knocking for people that didn't report and pay their self-custody-spent crypto taxes.

Mentions:#BTC#CEX

The point is if you are doing this you are not selling it through the CEX so they have no record of the sale

Mentions:#CEX

I never paid taxes and never will even if I sell, cuz Im not dumb to use a CEX to sell BTC :) Enjoy your centralized exchange that reports everything to the IRS. Imagine using CEX to buy and sell BTC in the 2024, talking about lack of knowledge in the BTC world... Enjoy your taxes!

Mentions:#CEX#BTC

This is crazy. CEX supply has never been this low, right?

Mentions:#CEX

If you use both DEX and CEX its important to understand why so many people get their funds frozen by cex so you know how to avoid it yourself https:\/\/www.reddit.com\/r\/ledgerwallet\/comments\/1cvt1li\/the_reason_why_so_many_people_are_getting_their\/

Mentions:#DEX#CEX

If you use both DEX and CEX its important to understand why so many people get their funds frozen by cex so you know how to avoid it yourself https:\/\/www.reddit.com\/r\/ledgerwallet\/comments\/1cvt1li\/the_reason_why_so_many_people_are_getting_their\/

Mentions:#DEX#CEX

I assume OP is talking about "Coinbase Wallet" the non-custodial wallet (phone app and browser extension), which has nothing to do with Coinbase the CEX platform (except its development being funded by them). I agree its naming is quite confusing though, I can see people think Coinbase Wallet refers to their Coinbase CEX account.

Mentions:#OP#CEX

They are exactly like any exchange when it comes to your protections when push comes to shove. My Gox. handled 90% of BTC trading in the world at the time. FTX was one of the most well respected and robust CEX at the time. People have no clue what's happening in a business until it's happened. It's like describing the most honest lawyer. Kraken even says the best way is self custody

Mentions:#BTC#FTX#CEX

Yes, 10 years ago I was listening to Tiktok influencers shill get rich quick schemes they were dumping on their audience. How did you know? It would be a grand stroke of misfortune to position oneself alongside sufficiently decentralized projects and come out a significant loser over the last decade. If people want to store their whole bag on a CEX, or in the lastest 40% Apy stablecoin, or follow in the footsteps of their favorite crypto Twitter user, we appreciate your liquidity. I'm sure the person spending your money does too.

Mentions:#CEX

Your unclear on KYC.....the CEX knows you both 1BTC for 66k today at 10am.....that same info is known to the IRS and any judicial units that request it. That specific BTC UTXO can be followed from the CEX to your address to ......that's it, it "disappears" after that.

Mentions:#CEX#BTC

#DEX Pro-Arguments Below is a DEX pro-argument written by excalilbug. > The biggest advantage of Decentralized Exchanges is already mentioned in the name – they are **decentralized**. What does it exactly mean? If an exchange is truly decentralized it: > > ​ > > * Does not store your assets or personal data = it is **private** and people control their funds. You yourself are responsible for your finances > * There is no one individual or small group of individuals who have full control of the exchange and there is no one point of failure = just like in (healthy) democracy everyone has a say in every decision and the **exchange can't be shut down so easily** (because its "servers" are spread around the world) > * There is **free access** = you don't have to go through KYC, so not only it is more private than centralized exchanges but also no one can stop you from accessing the exchange from anywhere you live. No KYC also keeps you **save from personal data leaks**. If CEX is hacked, your personal data might be leaked. And since you upload your ID there together with a lot of personal data such leaks are very dangerous > * There are **no middlemen** = all transactions are made directly between buyers and sellers > > ​ > > The last point gives decentralized crypto exchanges a big advantage because – let's be honest – what people care most about is not decentralization or privacy – it is money. By removing the middleman DEXes can take much **lower fees**. DEXes can also save money on customer support, lawyer teams, marketing and many other things. That is why using DEXes is usually cheaper. Of course it all depends on liquidity of assets. But with time – as DEXes become easier to use and more popular (hopefully) – the liquidity will stop being a problem for most assets > > And it is hard to overstate the other important aspect of decentralized exchanges – **TRANSPARENCY**. > > Centralized Exchanges - especially the big ones – can manipulate the market. For example today most trades take place on Binance. This is very, very bad. Because if Binance isn't transparent (and it isn't) it can easily manipulate the market when it generates as much as 70% of total volume (n the case of Bitcoin Binance exchange is responsible for 98% of all spot trading volume - [https://cryptoslate.com/binance-takes-over-98-of-all-bitcoin-spot-trading-volume/](https://cryptoslate.com/binance-takes-over-98-of-all-bitcoin-spot-trading-volume/) \- whenever I'm reminded of Binance dominance I just wish it was Binance that collapsed instead of FTX. The market would crash much harder but in long term it could be very positive – see: Mt Gox). > > In the case of DEXes everyone is equal. Everyone can see all the trades that were made. Everyone can see market orders. **Everyone has the same data available**. CEXes can give only part of that data or even hide much of it. Then they can use it to their advantage (market manipulation, inside trading). > > Another important thing we need to remember is that Decentralized Exchanges are still a new concept. This might of course mean that it will all go to trash. But I prefer to think positively – I believe that there are many incredible **innovations awaiting us** and the concept of DEX and Decentralized Finance (DeFi) will succeed. I believe there will be many talented developers and visionaries who will come up with wonderful ideas and more and more people will start using DEXes. Eventually all centralized exchanges (both crypto and traditional) will be finally challenged and there will be more balance in the world of finance… > Let's keep our fingers crossed > > **TL;DR** – no middleman, no KYC, no centralized power who can freeze your assets whenever it wants, privacy, transparency, lower fees, innovative, the more popular, the more secure, can bring more balance to the world of finance, harder to manipulate the market because everyone has access to the same amount of information > > ​ > > Sources: > > [https://cointelegraph.com/defi-101/what-are-decentralized-exchanges-and-how-do-dexs-work](https://cointelegraph.com/defi-101/what-are-decentralized-exchanges-and-how-do-dexs-work) > > [https://www.coinbase.com/pl/learn/crypto-basics/what-is-a-dex](https://www.coinbase.com/pl/learn/crypto-basics/what-is-a-dex) > > And other Cointest arguments (both pro and con) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find submissions for other topics.

Mentions:#DEX#CEX#FTX

* Relevant Cointest topics:[Binance](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_binance), [Coinbase](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_coinbase), [CEX](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cex), [USDT](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_tether). * Relevant subreddits: r/binance, r/Kraken, r/CoinBase, r/Crypto_com, r/DEX, r/ProofofStake. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1cvus4b/el_salvador_displays_strong_reserves_of_bitcoins/?sort=controversial). Doesn't work on mobile.

Mentions:#CEX#USDT#DEX

Governments that can adapt and afford it would basically change the entire scheme of taxation towards blockchain analysis and either force taxation on every transaction if bitcoin trade is mostly done through CEX or somehow charge taxes directly to your wallets with legal consequences for not paying. Other governments would collapse. If people use Bitcoin/Monero swaps though... that would collapse every government on Earth. But the main reason it hasnt happened, isnt happening and wont happen is because most people arent revolutionaries and dont want to collapse their governments.

Mentions:#CEX

Oh wow, much different from what I expected. The centralized pool system really does make it very CEX like. Thank you for sharing.

Mentions:#CEX

Appreciate you asking this, thank you! Absolutely, I agree that designing DEXs to feel more like CEXs can significantly improve user experience. Regarding the JayX Account and Vault, here’s a detailed breakdown: **JayX Account:** Think of how a centralized exchange operates: each user has their own on-chain address, and the CEX uses a script to monitor individual accounts. When assets are deposited, the script moves the assets to a centralized pool, and all withdrawals come from this pool. JayX follows a similar process. Each user's JayX wallet is generated using Multi-Party Computation (MPC), ensuring that only your wallet can access the funds and authorize transactions. This provides a high level of security and control similar to traditional financial systems. **JayX Vault:** The Vault functions like a centralized pool but with enhanced security features. The balance of each account is maintained on our blockchain ledger, and the pool is created at the genesis block using MPC technology. Unlike single wallets, funds in the Vault can only be moved after reaching consensus among all nodes, adding an extra layer of security. Once assets are in the pool, transactions can be settled on JayX’s layer-2 chain, bypassing the native chain confirmation times. This setup supports high-frequency trading with lower costs and faster settlements.

Mentions:#CEX#MPC

Thanks for the question! There’s an important principle in distributed systems called the CAP theorem, which states that a distributed data system can only provide two out of three guarantees: Consistency, Availability, and Partition Tolerance. At JayX, we ensure Availability and Partition Tolerance (speed) while achieving eventual Consistency. Here’s how: 1. **Availability and Partition Tolerance:** We use open-source exchange nodes where order book management and matching take place. These nodes can be hosted by anyone, anywhere, using centralized servers. This setup provides a user experience comparable to trading on a centralized exchange (CEX). 2. **Account balance consistency( Security and Settlement):** Assets and orders are settled separately on-chain. We use the blockchain as a ledger to record and validate all transactions. If any disputes arise, they are handled through our consensus algorithm. By combining these elements, we offer the best of both worlds: the user-friendliness of a CEX with the security and transparency of a decentralized exchange (DEX).

Mentions:#CAP#CEX#DEX

>***What competitive advantage does JayX offer to its users compared with other CEXs and DEXs?*** JayX combines the best of both centralized (CEX) and decentralized exchanges (DEX) by offering decentralized governance, user control over data, high scalability, and transparency, while ensuring robust security and privacy features. >***What is your team vision for JeyX and what are you looking to accomplish in the future. What is your roadmap?*** Thanks for asking about our roadmap. Our vision is to create a free and open financial market. We are currently in rapid development and plan to launch futures and options by Q3 2024, nodes by Q2 2025, and our mainnet by Q4 2025. We have not published a detailed timeline because our development progress has consistently exceeded expectations. >***Can you go in-depth on how JayX is able to offer a centralized exchange experience while being a decentralized platform?*** Our platform features an open-source front end (including matching and order book) that users interact with. This front end can be hosted on centralized servers such as AWS or Google Cloud. However, asset management and trade settlement are conducted on-chain, ensuring user asset safety through blockchain. This approach combines the accessibility and performance of centralized systems with the security and transparency of decentralized networks.

Mentions:#CEX#DEX

The cheapest way on a big CEX like Coinbase is to switch over to advanced mode and use a limit order. The fees will be much less, and so will the spread.

Mentions:#CEX

Not really if you buy on a CEX, and withdraw once a month.

Mentions:#CEX

It’s got utility with the cro chain and the debit card, and insensitives from its mission features (location dependent) - it’s decent for a CEX coin.

Mentions:#CEX

Beginner here. Thanks for the info. Questions: >>“However, after someone buys that BTC from you on Bisq, the identity of that person is (or shouldn't be since we're talking about Bisq) not known.” Can’t the PII be traced back from the Bisq user’s address to the CEX user’s address via chainanalysis and then “connect” the Bisq user to the KYC’d user? A Bisq user can claim innocence, but I don’t think that would go very far toward proving no connection as regulations move toward “guilty until proven innocent.” Wouldn’t buying on Bisq be anonymous using a USPO money order? Is the anonymity aspect of Bisq dependent on them not giving any PII to some authority who demands it? If they do give it up, are all bets off regarding privacy? Has this ever happened with Bisq?

Mentions:#BTC#CEX

Well in that case the issue isn't the network, it's the government. They're putting pressure on CEX's to delist Monero for a reason. And if you're taking privacy as serious as you claim to, you probably already signed this [https://www.change.org/p/open-source-development-is-in-danger-take-action-before-it-s-too-late-opensourcenotacrime-privacynotacrime-freealex-freepertsev-freealekseypertsev](https://www.change.org/p/open-source-development-is-in-danger-take-action-before-it-s-too-late-opensourcenotacrime-privacynotacrime-freealex-freepertsev-freealekseypertsev)

Mentions:#CEX

Great questions and even greater subject for everyone, especially the new people, to understand. Yes, if you buy Bitcoin on a CEX and they've tied your identity to the BTC purchased, they can track it as you transfer it either to cold storage or to another person or whatever. However, after someone buys that BTC from you on Bisq, the identity of that person is (or shouldn't be since we're talking about Bisq) not known. Anyone who buys on Bisq could theoretically claim that they never had any involvement with those coins because of the simple fact that Bisq didn't try to connect the identity of the buyer with the coins. Anyone could also make the claim that they never sold at all, and they were simply transferring the funds to themselves, but in a different wallet. That might appear suspicious to anyone watching, but it doesn't matter because they can't prove anything. The beauty of Bitcoin is that it is pseudonymous- you are not anonymous when you buy Bitcoin, but you sure as hell are hard to definitively associate with coins that you.... may or \*may not\* have ever had anything to do with...

Mentions:#CEX#BTC

A major CEX froze my 300k bag i had to sue them and spend around 60k on lawyers i finally won my case guys :D https:\/\/np.reddit.com\/user\/plokm4\/comments\/1cshr6n\/i_finally_won_my_lawsuit_against_c0inbase_and\/

Mentions:#CEX

There's no link between you and the coins as there would be through a CEX

Mentions:#CEX

When you purchase Bitcoin from an established CEX, such as Coinbase, it has been cleaned by going through that exchange, so whatever transactions or history of transactions associated with it has essentially been wiped clean. Buying Bitcoin from a DEX such as Bisq means you are purchasing a history of transactions that come along with the Bitcoin purchased. If you plan to remain p2p with that Bitcoin then no issues should arise. If, on the other hand, that Bitcoin has a history of coming from Darknet marketplaces and you end up depositing it on an established CEX such as Coinbase, you will have some explaining to do.

Mentions:#CEX#DEX

CEX shitcoin

Mentions:#CEX

cool another AMA instead of commenting multiple generic AI-generated questions (like certain users...), I'll be focusing on asking stuff based on your docs. From what I can see, JayX aims to provide basically everything an CEX would do (spot, margin, etc.) but **whats the main distinguishing feature of this platform** between DyDx, which also uses ZK-proofs and is multichain. Or GMX, which provides derivatives. firstly, your ecosystem has multiple tokens and NFTs which is all very confusing. And none of them are even launched yet. $SEED - the "utility" token, like a CEX's token, has multiple use cases, can be converted into JAY $JAY - the "governance" token. EGG, BIRD, a Mockingjay, and Hammer NFTs, all for garnering more rewards. **Whats the point of fracturing utility into different tokens and NFTs? Why not just consolidate everything into one main token and NFT to make it less confusing?** now, for the actual platform itself... So far, JayX seems to only be a spot market in demo mode, so some of my observations may change but please bear with me. JayX really likes to show off the decentralized order book. Looking into it, the spread is horrific (1000 buck or 1.5% difference between bid and ask on BTC alone). For some reason, there are filled orders being shown that are filled at current price... somehow, **despite none of these orders even appearing on the orderbook itself.** If I place a limit order in the middle of the spread, it gets filled, but takes a while to do so. Even with the filled orders list showing prices lower than my limit buy and/or higher than my limit sell. If I place a market order, it takes only the orders from the orderbook, which also includes the horrible spread. On the topic of orders, placing orders seems hard and with 0 ways to edit it. No way to specify types of orders (GTC, FOK, and others), no way to set TP or SL, trailing stops, etc. **Any plans to add advanced orders in the future?** **Why is it like this? Is it a liquidity issue or this is the intended way that orders work on the orderbook?** **How do you plan on attracting liquidity when the platform actually launches?** And to top it all of, your docs state that there will be "voluntary" KYC and AML thru third-party verifiers. **Whats the point of having it voluntary?** So, the platform seems underdeveloped for something that quote: "challenges the foundations of traditional financial systems". If you can deliver on these promises, then JayX can surely become one of the biggest decentralized trading platforms, but for now, it looks like just a primitive dYdX.

Slothana is next! Top 22 on reddit.. CEX LISTING HTX MONDAY

Mentions:#CEX#HTX

If DeFi companies capitulate to the KYC, this would be the biggest honeypot operation in the world. Every DeFi company already has full records of EVERY transaction we have ever done since our first deposit into a CEX.

Mentions:#EVERY#CEX

You have much more reading to do. Not every token or coin has it's own blockchain. If coinbase does not support it you can buy it on another CEX or on a DEX. If you buy it on a DEX it is very possible that you need to pay ETH for confirming the tx on chain. Also it is ethereum and not etherium. Good luck

Mentions:#CEX#DEX#ETH

If you must keep on exchange, use more than one exchange to spread the risk of an exchange going bk if you have a decent amount of crypto. Choose exchanges with the best 2fa, which would be hardware key (yubikey) 2fa, for all crypto withdrawals. Unfortunately even CEX that offer hardware key 2fa, it’s usually for crypto withdrawals only. Fiat withdrawals don’t usually have a 2fa verification for cash withdrawal. I use Coinbase and Gemini since they have hardware key 2fa. Kraken also is supposed to have hardware key 2fa.

Mentions:#CEX

p2p Sites don’t make the money legitimate, which the point of money laundering is If you get asked for a source of funds or if the tax office is knocking on your door then it doesn’t really matter if the money is coming from a CEX or a bunch of smaller p2p transactions

Mentions:#CEX

There was a presale going on for a coin(Slothana), and this guy sent the Solana direct from Coinbase, instead of using a real wallet like Phantom or something. No one stole his coins, his dumbass just thought participating in a presale, using a CEX, when the presale website CLEARLY said to NOT use a CEX. Coinbase now owns his coins, and now he is FUDding.

Mentions:#CEX#NOT

Makes sense. Is there a primer or an article/thread that has the info written correctly and that’s easy to follow on how to safely store our crypto? I’m super new to how this all works outside of a CEX, and I’ve been quite lost reading what people say in the comments of different threads.

Mentions:#CEX

Terms of service are exhaustive. If they could say it, it would be a **massive** selling point. Especially after a dozen CEX have collapsed due to the simple fact that they were not 1:1. CB, like all CEX, are a business that has a goal of making the most money possible. 1:1 = less money for them

Mentions:#CEX

Read any terms of service. What you absolutely will not find is any CEX legally stating that they hold a 1:1 for your allocations into Bitcoin. They discuss custodianship rights etc. Only a spot bitcoin ETF regulated by the SEC can make that claim of a 1:1 because its legally a requirement for a spot ETF.

Mentions:#CEX#ETF#SEC

A major CEX froze my 300k bag i had to sue them and spend around 60k on lawyers i finally won my case guys :D https:\/\/np.reddit.com\/user\/plokm4\/comments\/1cshr6n\/i_finally_won_my_lawsuit_against_c0inbase_and\/

Mentions:#CEX

A major CEX froze my 300k bag i had to sue them and spend around 60k on lawyers i finally won my case guys :D https:\/\/np.reddit.com\/user\/plokm4\/comments\/1cshr6n\/i_finally_won_my_lawsuit_against_c0inbase_and\/

Mentions:#CEX

It always does, until it doesnt. As long as you are ok with potential 100% losses and only invested what you can lose, go for it. There have been a dozen exchanges just like Kraken that we have seen people lose it all. And again, if everyone did what you are, the price wouldn't go up nearly as much because CEX don't need to hold your coins at a 1:1 for the money you gave them. Better off owning the ETF. That contributes to upward price movement and is 100% insured, so you have far less risk.

Mentions:#CEX#ETF

CEX work like reserve banking. They dont even have to own the BTC you give them money for Arguing against this is literally hurting your own buying power.

Mentions:#CEX#BTC

Smug elitists who don't want to see him lose 100% overnight with no recourse. Buying on CEX also suppresses BTC price. If you don't want to hold your own keys, buy the ETF. Then youre insured and it forces BTC off the market at a 1:1

Mentions:#CEX#BTC#ETF

I'm wondering the same thing. As Saylor says, they're not making any more land, but a potential problem is that whether you own land or a house, most if not all nations that require property taxes mandate they be paid in their local currency, not BTC. Then the problem is how to cash out into fiat to avoid a tax lien, when they're closing all the main (CEX) BTC to fiat exits. Maybe rent to remain more mobile, and get additional citizenships if and when your country goes full totalitarian and as someone suggested, they just decide to take it.

Mentions:#BTC#CEX

If you gonna stake something on CEX, it only makes sense to stake BTC or stablecoins. Every other chain you can stake yourself.

Mentions:#CEX#BTC

A major CEX froze my 300k bag i had to sue them and spend around 60k on lawyers i finally won my case guys :D https:\/\/np.reddit.com\/user\/plokm4\/comments\/1cshr6n\/i_finally_won_my_lawsuit_against_c0inbase_and\/

Mentions:#CEX

It's a risk to leave it on a CEX as it's a risk to have self-custody. Depends on your risk tolerance. If you leave it on an exchange, perhaps split it between two exchanges, like Coinbase and Kraken, to minimize the all eggs in one basket situation.

Mentions:#CEX

[mempool.space](http://mempool.space) + Sparrow wallet FTW. I usually make UTXO's of different sizes. Going from 800$ to 3k$ current worth - i just stack on CEX till those amounts. Then I have option, which UTXO I use for sending.

Mentions:#FTW#CEX

Have you never operated a Bitcoin wallet? Its not rocket science. Open one and practice using it with small amounts. Holding Bitcoin on a CEX for any length of time is to deny yourself Bitcoins most valuable property as a bearer asset.

Mentions:#CEX

That is a great secret indeed. Any CEX with a good reputation and good customer service deserves business from more people. However, I have an even better kept secret: Bisq. Yes, it's a DEX, and yes, it takes time to learn how to use it, but in the long run it's even better IMO because if you're fast and smart, you can seize great opportunities to transact in your favor when people (inevitably) post offers that benefit you both, but you more because you were patient and smart to wait for good deals to populate the market.

Mentions:#CEX#DEX#IMO

This. \^ OP your best bet is to just buy a great hardware wallet, choose from HW wallets like the coldcard, the trezor, the bitbox02 or the blockstream jade, and then teach yourself how to use bitcoin with VERY VERY small quantities with your chosen wallet. That's how I learned, just try to teach yourself every new concept one step at a time. Take it easy, take it slow. The more you understand and DYOR (do your own research), the better off you'll be. You'll quickly learn how the system works this way with minimal costs. Step by step (NOT IDIOT-PROOF!!!): 1.) Buy a good HW wallet and READ THE MANUAL/QUICKSTART GUIDES. 2.) Verify the HW wallet you purchased is secure and has not been tampered with. 3.) Use the instructions to figure out how to set it up with PIN and password, etc. 4.) Find a way to RANDOMLY generate your seed phrase OFFLINE and COMPELTELY INACCESSIBLE to outside or internet influence. 5.) Store this seed phrase extremely securely. Some people choose to make more than one copy of their seed phrase. I recommend a crytosteel or some other product that lets you store it so it is indestructible. ADD A PASSWORD ONLY YOU WILL KNOW!! That's considered the 25th word of the seed phrase. Do NOT store the seed phrase NOR password you chose as your custom/25th word on any internet connected device. 6.) Hide that seed phrase really well. 7.) Buy some bitcoin on a CEX (centralized exchange) OR peer-to-peer instead if you want to avoid KYC. 8.) Practice sending SMALL amounts from the exchange to the HW wallet. The fees are usually high and you'll lose a good bit of bitcoin doing this, but consider it a lesson that you need to learn now to save MUCH MORE bitcoin later. 9.) Once you are comfortable transferring funds to the HW wallet, then get into the other topics worth learning. For example, you can teach yourself how RBF (replace-by-fee works). You can also spend time learning/experimenting with how different exchanges work (like Bisq and hodlhodl). I'm still relatively new, so this is where I am now, I am learning how to use Replace-By-Fee. 10.) Once you are comfortable with all of that stuff, and you are confident your seed phrase and access to the keys to your bitcoin are safe, then you can finally put the bitcoin you've DCA'ed all this time into the cold storage of the HW wallet you chose. Now, let it stay there. Don't have paper hands and sell when it goes down in price. Hodl that like your life depends on it. And IF it goes high enough to help you achieve something significant, that's when you sell it. I would recommend using BISQ or possibly HODLHODL or ROBOSATS to sell your bitcoin when the time comes to make a significant upgrade to your life. Do NOT sell the bitcoin if you don't intend to do something significant with the profits. Just hodl it forever- your future self and maybe your kids will thank you. If you accumulate enough bitcoin and can pass it down to your future generations, AND properly educate them about this, then your family-to-be will benefit for a long time to come. Good luck and remember, RTFM!!!

1. Send crypto to cold wallet. 2. Only turn on hardware wallet to update firmware or send crypto to an established CEX. Two instructions that will save your ass, if you religiously follow them. Its that simple. Why dont people listen...

Mentions:#CEX

Show me the bank accepting shady money without questioning. Transfer from CEX = instant compliance checks, loading a big amount of money with ATM = instant account holding with additional checks.

Mentions:#CEX#ATM

Before you choose a platform, check what chains the CEX you’re going to cash out accepts

Mentions:#CEX

When will you guys stop selling token on your website? CEX volume is not as expected as you guys?

Mentions:#CEX

If you are a crypto virgin then stick to CEX (Centralized Exchanges) like Binance/Coinbase.

Mentions:#CEX

Yes, collect sats on Exchange, until you are uncomortable with the sum. I usually wait to collect 1-2k$ worth on CEX, then withdraw to my cold wallet. Withdraw fees are much larger than actual BTC network fees. I recently consolidated 5 UTXOs for just 4$, but withdrawal of just 1 UTXO from Binance costed me \~8$, in Bitstamp whooping 30$!

Mentions:#CEX#BTC

I'm not buying an 80k$ gain just in APY from lending your BTC on CDC. You probably earned CRO that went down with the market. Perhaps you can give us a bit more details (timeframe, APY, paid in CRO or BTC, capital gain vs interest earned). There are ways to earn with BTC with lending protocols, but they are mostly centralized such as Ledn. If you truly earned 80k$ in APY from lending BTC only, that means you have an absolutely huge amount of BTC on a CEX, which also means it could've gone down like Celcius, and you're lucky it hasn't. With that type of money in crypto, learn about self-custody. Not your keys, not your coins!

Mentions:#BTC#CRO#CEX

regardless of what you wrote, why are you keeping the assets on a CEX 🤔

Mentions:#CEX

Got totally burned by CEX.io back in the day when they first launched. It didn't take long to realise you wouldn't make profit!

Mentions:#CEX

He's asking to liquidate to fiat as safely as possible. Don't be a absolute twat that doesn't even listen to OP's question. No one wants to hear your P2P/anti-CEX lecture/rant.

Mentions:#OP#CEX

Don't. Spending with crypto is a tax nightmare and these CEX will charge you hidden fees where you least expect it (currency conversion, trading fees from crypto to fiat, horrible spread, etc.) Instead, look up credit card churning and work on those bonuses. Do NOT lock your crypto on a CEX and learn about self-custody.

Mentions:#CEX

I'm not looking forward to any types of crypto credit or debit cards. Asides from stables, spending crypto that way is a tax nightmare. I don't trust any CEX with my crypto and they will find every way possible to charge you hidden fees either through trades (from your crypto to fiat to be spent on your "crypto cc") or through offering bad exchange rates for your crypto.

Mentions:#CEX

I am proud to be in the $hege community. It's not about "Buy buy buy!!", it's about vibing with a group, pulling together to show why Hege is worth investing into, supporting our dev who has continued to work tirelessly getting things in order, ads in place, international communities on board, animation short on tiktok with more to come, a story that becomes unlocked with mc milestones, and even more on the way before a CEX listing. It's going to explode.

Mentions:#CEX

There are countries where direct investment in USD is not possible at all. In this case, stablecoins become a good substitute. OP, don't even think about storing your money on CEX.

Mentions:#OP#CEX

I think there are more partners now, and there is also a CEX -》 MEXC

Mentions:#CEX

Yeah but in case of CEX, you can be jeopardized even if you don't make any mistakes whatsoever. I'd always rather have my fate in my own hands, but I guess we are all different

Mentions:#CEX

On ramp through your government authorised CEX's, buy LTC, withdraw to a hot wallet, send through HoudiniSwap dot com, set up the exit wallet and NEVER let it interact with anything on your "dirty" KYC'd layer of wallets. 

Mentions:#CEX#LTC

Scam if a CEX doesn't materialize on May 20-30. If they say it's "delayed" with silly excuses then I say it's a scam. The fact that they own a lot of the supply and a lot more to be unlocked on May 20th, and that they're banning people in their TG left and right when asking about the top 10 holders, is something to be worried about. They also don't seem to give an update about the actual CEX at all on their Twitter. But then I maybe wrong and a CEX actually get's released, if so then I'll be happy for y'all.

Mentions:#CEX

> Have fun on the CeX where you can trade only what they allow you to trade, as long as they are not down for maintenance during peek volatility.  You can be just as critical about DEXs too. "Have fun on the DEX with your lower liquidity and much higher transaction fees". > They hold all your funds as you hold an IOU and trust them to pay you back, and they report on every little movement you make to the IRS.  I report every little movement to the IRS as required by law. Holding USDC or USDT is an IOU that you trust is paid back.  > USDT your trading on a CeX doesn’t even need to exist for them to sell it to you since you own a number on their balance sheet and have no way to verify the exchanges solvency until it’s too late.  Sure, but CEXs can help you correct errors. Make some fat finger error and trade at a price or amount you didn't mean to? They are able to help you undo it. Can't do that on a DEX. Some "drain my metamask wallet" type attack won't affect your tokens held on a CEX. > I mean if you’re gonna ignore the actual crypto ecosystem entirely, then what is the point of your comments at all? It was originally just about Tether and how USDC money moved to USDT in the wake of the SVB collapse. You started talking about DEXs and all sorts of other stuff. From what I see, crypto is about more than just exchanging for other crypto.

Who cares about DEX liquidity? They're puddles compared to CEX liquidity.

Mentions:#DEX#CEX

FWIW, this is a *lot* harder than people realize... Connecting to the outside world from within a properly shielded EMF enclosure while maintaining full EMF shielding is quite an effort. For example you can't really use normal BNC connectors as the cable shield would connect to the faraday cage, so you actually have to use TNC connectors such that the signal and signal shield are separate from the cage shield. Then inside the shielded enclosure you take additional measures so that giant antenna (the coax shield) you just piped through is properly dealt with. I did WiFi testing back when 802.11A/B was all there was and that was some of the hardest stuff to get right. We were near an airport (and RADAR happens to show up in the 802.11B ranges... we could tell we were "leaking" when we'd see the Airport Surveillance Radar pings on our SWR meters inside the box. Now to the question at hand... I am sure there are cold nodes in properly shielded enclosures rotated as part of continuity of data plans for some of the CEX's and possibly other nodes but I would be surprised at active nodes in (functional) faraday cages.

Bro. I said scam. You literally said FTX pumped it up and dumped down on people. That s like the textbook definition of scam. Then you vomited buzzwords like that makes any different. I own 770 ETH running 24 validators on a CEX. Which begs the question what does that even matter to the value proposition of ICP? Because it doesn't.

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