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FTX Vs Binance - Which is the Best Crypto Exchange?
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[QUOTE="Mika, post: 284494, member: 29399"] I have never used FTX and with all these recent news related to FTX, I will never use the platform. Before FTYX collapsed, it was considered the world's third-largest crypto exchange company after Binance and Coinbase. However, the company became bankrupt. The company even approached Binance for the bailout, initially, Binance agreed to the bailout but later walked away saying the company collapsed due to the mismanagement of funds and not because of the bearish market. The exchange collected funds from the users and invested in the market, however, when the users asked for a withdrawal, they could not pay back because they had made substantial losses with their investment. This is not the first time when a crypto company collapsed. A lot of companies have collapsed. I have used half a dozen crypto exchanges and wallets and based on my experience, Binance is the best platform. However, there is also a risk in using Binance as it is a centralized exchange. [/QUOTE]
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FTX Vs Binance - Which is the Best Crypto Exchange?
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