Although I don't usually chat much about bn, I am 100% on bn's side when it comes to Wood Sister and bn, as there will never be a perfectly flawless company in this world. As Bitcoin ETFs become mainstream, institutions like ARK Invest prefer trading to happen on platforms regulated by the United States, and undermining Binance's technological reliability objectively benefits the flow of funds into compliant channels deeply involved with ARK.
Ultimately, it's just a matter of interests. Why hasn't @coinbase been able to increase its trading volume despite being stable? Because they don't dare to try anything in order to please the regulators, while Binance continuously weighs efficiency against security and conducts stress tests; there's a reason they are the industry leader.
I truly hope this industry has fierce competition because it will bring a better experience for users, but it’s definitely not just talk. If Coinbase has the ability, they should boost their trading volume and improve the experience; the turtle-like customer service response speed really makes me wonder what Americans are using for trading.
Moreover, today Binance stated in an open letter that it will gradually convert its $1 billion SAFU stablecoin reserve into BTC, planning to complete this within 30 days, and has set up a rebalancing mechanism in case the fund's market value drops below $800 million due to BTC volatility.
How about Wood Sister join in? Let's all buy the dip together
$btc
Ultimately, it's just a matter of interests. Why hasn't @coinbase been able to increase its trading volume despite being stable? Because they don't dare to try anything in order to please the regulators, while Binance continuously weighs efficiency against security and conducts stress tests; there's a reason they are the industry leader.
I truly hope this industry has fierce competition because it will bring a better experience for users, but it’s definitely not just talk. If Coinbase has the ability, they should boost their trading volume and improve the experience; the turtle-like customer service response speed really makes me wonder what Americans are using for trading.
Moreover, today Binance stated in an open letter that it will gradually convert its $1 billion SAFU stablecoin reserve into BTC, planning to complete this within 30 days, and has set up a rebalancing mechanism in case the fund's market value drops below $800 million due to BTC volatility.
How about Wood Sister join in? Let's all buy the dip together
$btc