I’ll be fair in my assessment: the reported Binance hacking incident prompted me to explore other trading platforms like $HYPE . And honestly, finding an alternative that matches what we value in Binance has been challenging.
After almost a decade on one platform, changing trading habits takes more than opening another account. Familiarity, tools, and convenience all matter. That is the conundrum: I can appreciate what Binance has built while still questioning how this incident has been explained.
I salute @CZ for his contribution to innovation in this era. But admiration should never exempt any platform from scrutiny. The explanation presented so far leaves me with unanswered questions. Those questions deserve clear answers, supporting evidence, and independent examination.
We discussed this within our circle of investors and market makers. For me, the essence is this: loyalty carries responsibility. When we support a platform, we should also expect transparency and accountability.
We have a heavy exposure in $BNB that’s why we don’t take our statement lightly and we’re considering an alternative after the incident. It is fair to support new alternatives as we need more options in the market.
OKX is nowhere near Binance and even other platforms. I hate to admit it but Binance deserves a second chance and is still the undisputed champion in the exchange league, thats no ordinary feat going to the top but staying there is a different story.
Binance has been a major player in driving crypto to what it is right now, we always look at them as the adult in the room who will uphold fairplay and accountability.
We propose for the future trade to be reviewed and be considered to be compensated as the incident is within the platforms control, if this thing had been in the radar of the exchange they should have implemented a halt on trading from the time of the hack.
Our support is here with @CZ and I hope they overcome this challenges ahead of them.
After almost a decade on one platform, changing trading habits takes more than opening another account. Familiarity, tools, and convenience all matter. That is the conundrum: I can appreciate what Binance has built while still questioning how this incident has been explained.
I salute @CZ for his contribution to innovation in this era. But admiration should never exempt any platform from scrutiny. The explanation presented so far leaves me with unanswered questions. Those questions deserve clear answers, supporting evidence, and independent examination.
We discussed this within our circle of investors and market makers. For me, the essence is this: loyalty carries responsibility. When we support a platform, we should also expect transparency and accountability.
We have a heavy exposure in $BNB that’s why we don’t take our statement lightly and we’re considering an alternative after the incident. It is fair to support new alternatives as we need more options in the market.
OKX is nowhere near Binance and even other platforms. I hate to admit it but Binance deserves a second chance and is still the undisputed champion in the exchange league, thats no ordinary feat going to the top but staying there is a different story.
Binance has been a major player in driving crypto to what it is right now, we always look at them as the adult in the room who will uphold fairplay and accountability.
We propose for the future trade to be reviewed and be considered to be compensated as the incident is within the platforms control, if this thing had been in the radar of the exchange they should have implemented a halt on trading from the time of the hack.
Our support is here with @CZ and I hope they overcome this challenges ahead of them.