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Other the to exchange fiat for crypto, I’m not quite sure why people keep their cryptocurrencies on these exchanges. They proven time and time again that they’r
by tnel77 3y ago
Other the to exchange fiat for crypto, I’m not quite sure why people keep their cryptocurrencies on these exchanges. They proven time and time again that they’re usually a scam.
- moomin 3y agoI mean, this article suggests that Binance isn’t a scam, rather it has a perfectly sound business model that is illegal and immoral.
- to11mtm 3y agoOften it's a desire to be able to quickly run a trade or arb play.
- WalterSear 3y agoBecause you can't gamble if your money isn't in the casino.
- tadfisher 3y agoBecause, as it turns out, using cryptocurrency as currency is too expensive. The exchanges let you "trade" and then settle themselves in way fewer transactions, so you don't have to pay nearly as much in fees. It's the same reason we keep our money in banks instead of everyone owning a Fed terminal and requesting ACH pulls.