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IF they never gambled their depositors money, then they are/will be fine. Running an exchange, taking a cut of all transactions on your platform is effectively
by shapefrog 4y ago
IF they never gambled their depositors money, then they are/will be fine.
Running an exchange, taking a cut of all transactions on your platform is effectively impossible to collapse (excluding your actual costs of doing business).
- unmole 4y agoThey can even do proprietary trading using the market information they have!
- shapefrog 4y agoFor an unreglated market, it really is a licence to print money - the one and only thing you have to do is keep your depositors assets stored in the asset they have deposited or exchanged to.
- cuteboy19 4y agoWhat do you mean by can? Frontrunning client trades is standard crypto exchange practice
- JumpCrisscross 4y ago> never gambled their depositors money, then they are/will be fine You’re ignoring liability. Even if they never levered, they’re vulnerable to a regulatory crackdown. Tether and Binance are predictable numpties-will-lose-money cases.