this post was submitted on 17 Dec 2023
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The exchanges are basically cryptos banks. They hold your money, not you.
And they are much more prone to scamming you than any bank ever could.
They don't hold my money. I use them as they are supposed to be used. I get in, exchange my crypto, and then immediately withdraw it. They are not meant to hold your money. And true crypto people don't let them hold their money.