PPL there is no exchange in the US that is safe considering the SEC just said every crypto is a security…. GO OVERSEAS !! and make them money .. FK the US
I just have one question: What is the safest and fastest way to turn my crypto into US dollars to deposit directly into my bank? I don't want to screw up and have the exchange jam up my money and get me wrecked.
Coinbase will undoubtedly go bankrupt soon. They can't keep up with the market's competition and platforms that are superior to them. People should be aware that if Coinbase goes bankrupt, the company reserves the right to use client account crypto holdings to pay debtors. The same is true for FTX.
Let's not forget that Armstrong recently sold his Coinbase shares. And it doesn't appear to be a coincidence, especially given their recent problems and layoffs. Brian Armstrong selling his stock is a major red flag in my opinion.
What concerns me is that Coinbase had $5 billion in cash at the end of the third quarter, down from $7 billion in January. It only has $1.5 billion in net cash after paying off $3.5 billion in debt. So it doesn't have "billions of dollars," and at its current rate of consumption, it will exhaust all cash in 9 months. And that's assuming they don't have any more problems or lawsuits.
Coinbase is a joke. Were they not fined by the Dutch government for bringing shitcoins into the country without first registering them? And, according to what I've heard, they've done it before. It's as if this illegal nonsense is second nature to them. And it appears that they have no plans to stop.
I don't believe Coinbase will last long. They appear to have increased their fee structure to compensate for the lower trading volume. However, this does not appear to be a viable long-term strategy. People will leave the platform sooner or later due to the extremely high fees.
I believe Coinbase will once again suspend withdrawals. Particularly given their recent billion-dollar losses. They are about to experience a severe liquidity crisis. They are a load of crap.
I believe the best thing to do right now is withdraw your money from Coinbase. Especially given the hundreds of lawsuits currently pending against them. It is always preferable to be safe than sorry.
STAY SAFE AND PROTECT YOUR CRYPTO ASSETS WITH GUARDIO
Get 50% off your 1st month with my links:
Guardio Personal: https://guard.io/coinsider
Guardio for Teams: https://guard.io/teamcoinsider
Thanks for the video, mate 😊
PPL there is no exchange in the US that is safe considering the SEC just said every crypto is a security…. GO OVERSEAS !! and make them money .. FK the US
I just have one question: What is the safest and fastest way to turn my crypto into US dollars to deposit directly into my bank? I don't want to screw up and have the exchange jam up my money and get me wrecked.
Consider you're the best reviewer of all time, succinct and analytical
is cro coin not good to invest?
Binance all the way…the rest is rubbish..lol
Coinbase is the worst..lol.. their customer servise sucks and fees ar every high !
Ya te han pagado para decir lo que no piensas chinito
With the number of lawsuits Coinbase faces, I'm pretty sure the money people deposit goes straight to their lawyers and the costs of the lawsuits.
Every year, Coinbase gets worse and worse, doesn't it? They never do anything to improve the quality of their exchange.
The Coinbase ads appear to be working. It's strange that people still use Coinbase when it's well known that they just sell your data!
Coinbase will undoubtedly go bankrupt soon. They can't keep up with the market's competition and platforms that are superior to them. People should be aware that if Coinbase goes bankrupt, the company reserves the right to use client account crypto holdings to pay debtors. The same is true for FTX.
Let's not forget that Armstrong recently sold his Coinbase shares. And it doesn't appear to be a coincidence, especially given their recent problems and layoffs. Brian Armstrong selling his stock is a major red flag in my opinion.
What concerns me is that Coinbase had $5 billion in cash at the end of the third quarter, down from $7 billion in January. It only has $1.5 billion in net cash after paying off $3.5 billion in debt. So it doesn't have "billions of dollars," and at its current rate of consumption, it will exhaust all cash in 9 months. And that's assuming they don't have any more problems or lawsuits.
Coinbase is a joke. Were they not fined by the Dutch government for bringing shitcoins into the country without first registering them? And, according to what I've heard, they've done it before. It's as if this illegal nonsense is second nature to them. And it appears that they have no plans to stop.
I don't believe Coinbase will last long. They appear to have increased their fee structure to compensate for the lower trading volume. However, this does not appear to be a viable long-term strategy. People will leave the platform sooner or later due to the extremely high fees.
I believe Coinbase will once again suspend withdrawals. Particularly given their recent billion-dollar losses. They are about to experience a severe liquidity crisis. They are a load of crap.
I won't be surprised if Coinbase declares bankruptcy one day. Isn't Coinbase also being investigated by the SEC?
I believe the best thing to do right now is withdraw your money from Coinbase. Especially given the hundreds of lawsuits currently pending against them. It is always preferable to be safe than sorry.
how about Bybit
CEX are all shit: not your keys not your coins
What about BITMEX
I highly recommend Netcoins. It is the best and safest crypto exchange that I've ever used.
We all know what is happening with Coinbase… Binance is here to stay…
If an exchange has KYC it is a scam.
I lost 4k on Coinbase from a phone hack.
What about bybit ??
being sketchy with regulations and having poor KYC are pros, not cons
If binance is bankrupt what exchange can i use in russia????
Yea sure leave your funds with centralized regulated bankers that can rob you with a blink of an eye!
Why not mentioned about WOO NETWORK?