A different kind of crypto exchange. Trade peer-to-peer, settle through smart contracts and keep control of your assets.
We are still designing but you are welcome to have a look: https://t.co/TpQwKhqvkJ
Masa di Binance….
Jual USDT lebih mahal daripada belinya?
🤣🤣🤣🤣🤣🤣🤣
Market macam apa ini.
Kenapa dia ga swap ajah langsung ya🤣🤣🤣
Misalnya kayak saya beli dollar lebih murah dari saya jual dollarnya, ulang-ulang ajah gitu terus ga usah trading. Tuker-tuker ajah gitu bisa jadi jutawan dollar seketika 🤣🤣🤣🤣
Saya beli dollar 18142 lalu saya jual 18167.
Setelah saya dapat 18167 saya beliin lagi ajah 18142, ulangi 100x modal 1M jadi 2M
🤣🤣🤣🤣🤣🤣
Ini saya ga ngiklanin P2P binance, ini saya mau ngetawain kondisi pasar.
Binance bukan produk legal.
When they just trace and again block your crypto why you need to send your crypto back to any of these exchanges?
Still there is no replacement for the traditional crypto exchanges but our team is working on something authentic to replace the whole concept of custody with smart contracts. In this way, no exchange can rug pull people.
STOP ASKING WHERE THE NEW USERS ARE.
LOOK AT WHAT THEY DID TO THE OLD ONES.
Nobody just leaves crypto because they got bored.
They leave after watching their hard earned salary turns into $4 for 10 time.
They leave after getting rugged, farmed, dumped on and lied to by people who call themselves builders and bagworkers
They leave after watching "THE BEST" KOLs promote absolute garbage, insiders dump on their own communities, scammers make millions and somehow get celebrated as geniuses.
And the people who actually try to build something get buried under casino tokens, fake promises and endless KOL bullshit.
Then the same people come back screaming:
"WHERE ARE THE NEW USERS? WHY IS RETAIL GONE? WHY IS THERE NO ALTSEASON?"
ARE YOU SERIOUS?
You spent years treating new investors like exit liquidity, turned an industry that promised financial freedom into a casino where insiders control the table.
People didn't lose interest in crypto.
YOU GAVE THEM EVERY REASON TO NEVER COME BACK.
Stop talking about mass adoption until we fix the culture.
Because nobody wants to join an industry where the biggest winners are often the people who screw everyone else over and over again.
SAY NO MORE.
@CryptoReviewing Honestly all of these incidents show that there is a need to exchanges where you keep control of your assets and it doesn't lock because something happens to a CEO or exchange is hacked, etc
https://t.co/AF68niRQOB
A different kind of crypto exchange. Trade peer-to-peer, settle through smart contracts and keep control of your assets.
We are still designing but you are welcome to have a look: https://t.co/TpQwKhqvkJ
Imagine you try to withdraw $10,000, but can’t.
Not because you forgot a password.
But because the CEO just died.
115,000 users lost $130M+ in 2019 because the CEO was reported dead.
And he was the only person in the world who knew the passwords to the cold wallets.
This is the insane story of Gerald Cotten, CEO of QuadrigaCX, one of Canada's largest crypto exchanges.
Dec 2018
- Cotten is in India
- He dies suddenly. He's 30
- His exchange says ONLY he knew the passwords to the cold wallets
Jan 2019
- Quadriga announces his death
- Customers can't get their money out
- But then something goes wrong
Investigators open the cold wallets.
They're EMPTY.
They'd been empty since April 2018.
8 months BEFORE he died.
Dec 2019
- Customers' lawyers ask police to dig up his body to prove he's really dead
- June 2020
- Ontario's securities regulator rules it was fraud
- He opened accounts under fake names
- Credited himself fake balances
- And traded his customers' money
- $215M lost in total
The cold wallets were never locked.
They were completely empty.
Gerald Cotten had spent years gambling away his users' money on rival exchanges to fund a lifestyle of private jets and partying.
While the mystery of his sudden death in India still remains, he was confirmed dead.
And victims recovered just 13% of their funds.
BREAKING: Jensen Huang to be fired as Nvidia CEO after he had affairs with Chinese spy and Nvidia executive
Over $250,000,000,000.00 wiped from Nvidia perpetual futures
🚨 مختصر الي صاير مع منصة MEXC وما هو قادم.
👇 المحقق ZachXBT يشكك برقم الـ 16 مليار دولار في قضية #MEXC
المدير التنفيذي الحالي لمنصة @MEXC (فوغار أوسي) قال انه المنصة تواصلت مع الجهة الامريكية لمكافحة الجرائم المالية FinCEN من خلال المحامين، وبأنه هذه الجهة اكدت استلام طلبهم المكتوب. وايضا قال بأنه الايداع والسحب والتداول داخل منصة MEXC شغال بشكل طبيعي.
ZachXBT رد عليه قال بأنه (مستغرب) باستعجال المنصات الاخرى في تقييد التحويلات مع MEXC، وحتى المنصات اللي حضورها بامريكا محدود.
وقال Zack انه MEXC كمنصة كانت (متساهلة) سابقا بالتحقق من الهوية ومكافحة غسيل الاموال، ويشوف ان رقم الـ 16 مليار دولار اللي ربطته FinCEN بمعاملات غير مشروعة ممكن يكون رقم (مبالغ بيه).
Zack يسأل كيف أساسًا انحسب هذا الرقم؟ وكم حجم هالمعاملات من اجمالي حجم معاملات MEXC؟ وشلون يتم مقارنتها بمنصات ثانية؟
وذكر Zack أنه (كمثال) منصة #KuCoin هي منصة مخالفاتها اسوء. وايضًا يستغرب من شدة الاجراءات في حق MEXC و #HTX بالمقارنة مع KuCoin.
(فوغار) رد انه فريقه شغال حاليا ومركز على (التعاون مع الجهات الرقابية للوصول لحل). وقال انه استعان بمختصين وحسن اجراءات الامتثال من بداية استلام منصبه كمدير تنفيذي للمنصة.
❗️ اكرر كلامي..
لا تتمنى انهيار او مشاكل في اي منصة. السوق متضرر بما فيه الكفاية. فلوسك موجودة في هذا المجال. اذا انت واعي كفاية وفاهم هذا السوق، بالتاكيد شفت الي صار لما تنهار منصات كبيرة، تأثير الضرر ياخذ وقت حتى يتلاشى.
ولا تتعامل مع المجال بالعاطفة. وخليك هادئ. انا برأيي الشخصي منصة بحجم MEXC مو غبية حتى تضحي بكل شيء وتترك الامور تتجه للانهيار الكامل.
اهدأوا.. 🙏
I genuinely feel sorry for everyone who is currently struggling with their Binance accounts, trying to understand why their accounts are being restricted, why they are being asked to withdraw their funds, or why they suddenly cannot access their own money.
Imagine waking up one morning and discovering that the money you have been holding, perhaps for years, is suddenly subject to a decision made by a company you trusted.
The recent developments involving Binance and MEXC are another reminder of a fundamental problem with the way cryptocurrency exchanges work today.
We entered the crypto world because we wanted financial freedom, independence and control over our own assets. But somehow, we ended up creating another version of the traditional banking system, with companies holding our money and deciding when, where and how we can access it.
And the uncomfortable truth is that it doesn't matter how big an exchange is, how popular it becomes, or how many millions of users trust it. You are still dependent on its decisions, its policies and sometimes things that have absolutely nothing to do with you.
I am not saying exchanges should ignore regulations or compliance requirements. But ordinary users should not have to carry the consequences of a system where they have so little control over their own funds.
Perhaps it is time we started asking a different question:
Why does trading cryptocurrency require us to hand over control of our cryptocurrency in the first place?
We need to rethink the traditional exchange model. Not because centralized exchanges have no place in crypto, but because custody and trading should never have needed to be the same thing.
Your money should remain yours. Not just when everything is going well, but especially when things go wrong.