Maxicreed01

It would be difficult and the next line of action would be withdrawal of assets to a good alternative exchange or wallet and observe how the whole drama will end

The consequences would obviously be the risk of users assets. While I feel the move is wrong, the timing of this decision raises serious concern that may have a serious consequences on the exchange.

This is obviously a wrong call and may expose user assets to security risk if the .@SECGov and .@JusticeOIG should come knocking. I couldn't risk my assets there and have long moved them to other platforms particularly MM and Bitget. Stay SaFu if you are still there mate

I have not been a fan of either of exchanges and wallets native tokens but would wanna explore it now. I took interest from the current hype around BNB, OKB and BGB. These tokens particularly BNB and BGB has shown strength which is obviously due to increase in demand to take part in the most of the launchpool. BNB rose almost 80% in the past 1 year, BGB was on the spotlight with about 190% in a year. OKB may not be left out due to it's potential but has made any significant movement recently. Wallet tokens on the hand have also been doing well but may not be compared to Centralized exchanges imho; I have also monitored few wallet particularly trust wallet and C98 wallet. My best guess is we could be seeing the wallet tokens making impressive price action as we approach post halving due to increase in transactions and I wonder if any one here is considering the prospect BWB token for Bitget wallet. Launching pretty soon and airdrop participation in play. I would appreciate your speculative opinion on it potentials.

ONDO should be one of my favorite token of the year cos I am still confident of more impressive price action after taking profit at around 0.9 from an entry of 0.32 few days after its listing on Bitget

Crypto trading is a bit complicated when it comes to understanding the dynamics in profit making. Some people are more inclined to technical analysis which of course has been the widely used trading tool but some are more inclined to fundamentals but sticking to fundamentals alone could be highly risky in my own opinion even though crypto is also financial instrument that often respond to news updates. A blend of the two could provide a safety net for traders in minimizing losses compared to potential profit. The above case scenario is largely attributed to perp futures trading and other derivatives. TA and FA could also be very useful for spot trading but I feel timely listing of projects could largely determine one's profit from investing in a project. These may not be for all projects cos some are **** coins. This could be a personal perspective but I have noticed listing speed is also another important factor to consider along with project fundamentals when trading and if we are to include listing speed as a factor for choosing trade then it will affect our choice of trading platform cos some are more inclined to top cap projects while others are more inclined low cap gems. My experience with ORDI has proven this trading skill rewarding. ORDI was first listed on Bitget before other exchange joined the listing party after it saw rapid adoption reflecting in it significant MCap growth. This chart should give us a glimpse of my experience with this strategy.

I don't think we can still take part in the airdrop but buying it could be the best option particularly as the market seems to be helping to create a good entry price.

PIXEL has more use cases compared to MAVIA and has more top players in the industry supporting the project but that is just the latent potential. Let's hope all it's attribute translate to something great.

Yeah, it's good to be cautious with investment plan on experimental project such as the ERC-404 tokens but tbh such project could turn out to be the highlight of this bull run.

Its current price could be a good start for a well planned DCA

Pandora price action and it gradual acceptance by some top trading platforms could spur the adoption of the project but the project team and that of ERC-404 needs to do work hard cos innovative concepts such as this one are faced with criticism.

In the aftermath of the recent FTX incident, cryptocurrency exchanges have undergone a paradigm shift towards bolstering security and accountability. Two key strategies have emerged as pillars in this effort: Proof of Reserve (PoR) and SaFu Funds (Safety Net for Users). Proof of Reserve, now hailed as the Pillar of Transparency, leverages cryptographic techniques to demonstrate that exchanges hold ample assets to cover customer liabilities. Utilizing Merkle trees, a data structure ensuring the integrity of large datasets, exchanges can provide evidence of possessing the necessary reserves to back user funds. SaFu Funds, also known as customer protection funds, serve as a Safety Net for Users, demanding exchanges to set aside a pool of assets to safeguard users' funds in the face of security breaches or insolvency. These funds, kept in a separate wallet, are exclusively reserved for user protection and are not utilized for trading or other business operations. Consideration of these two factors is crucial when selecting a reliable exchange. While PoR offers a snapshot of an exchange's financial health at a specific moment, SaFu Funds provide a comprehensive safety net in a broader range of scenarios. Several exchanges, including Binance, OKX, and notably Bitget, have taken a proactive stance by implementing both Proof of Reserve and a Users Protection Fund. Reports from token Insight and Coingecko indicate that these exchanges have experienced decent trading volumes, showcasing the success of this hybrid initiative. This dual protection strategy not only aims to prevent incidents akin to the FTX debacle but also assures users that their assets are backed by both cryptographic verification and a dedicated pool of funds. As the crypto landscape continually evolves and learns from setbacks, relying on the combined security measures of Proof of Reserve and SaFu Funds seems to offer a promising path forward. Exchanges committed to these dual strategies provide users with a heightened level of confidence in the security and protection of their assets.

Gracy Chen of Bitget also pointed out that post halving bull run are always fueled by other factors and this time around we could be seeing interesting multiple factors which may include the growth on the BTC ecosystem, DePIN, L2 and L3 tracks. We could also be seeing the mother of all bull run this time but only time will tell.

Your point above is true but the timely listing of the token by few exchanges including Bitget gives us the opportunity to buy and hodl before that exposure go full scale cos it reminds me how sol and eth started.

This offer sound simple and highly rewarding and I don't know why I almost missed the event but will give it a shot within the available limited time for the event.