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Coinbase reputation got hit when people found out about their insider trading [1], on top of them hiring ex-wall street people Coinbase also is 10x less volume
by Kukumber 4y ago
Coinbase reputation got hit when people found out about their insider trading [1], on top of them hiring ex-wall street people
Coinbase also is 10x less volume than Binance [2]
You have all of this, then the press who keep advertise them despite the poor metrics, something doesn't sound right
I think it's fair to say people made their choice and the choice is Binance
The narative can't be forced like with other industries, unless you get help from the press and push some FUD, hmm
Or with the help of the CIA with FTX as a poison aimed at Binance, hmm
[1] - https://www.justice.gov/usao-sdny/pr/three-charged-first-ever-cryptocurrency-insider-trading-tipping-scheme https://www.justice.gov/usao-sdny/pr/three-charged-first-eve...
[2] - https://coinmarketcap.com/rankings/exchanges/ https://coinmarketcap.com/rankings/exchanges/
- KrakenEng 4y agoBinance can create its own volume out of thin air. This would be harder for Coinbase, due to their nature as a public company. The truth is, it's hard to know what is happening inside Binance.
- Kukumber 4y agoThat's true, but that's easy to track, as everything in the blockchain is transparent, that's how people found out about the insider trading at Coinbase