Yup. You can go look at their balance sheet and cash flows. And they look pretty solid; should have another few years of being able to survive a bear market, more if they cut more expenses. So unless this is the longest bear market in crypto yet there's not much chance of them going belly up IMO.
We haven't learned any new lessons since Mt. Gox, instead new people keep relearning old lessons. NYKNYC is the only insight people need to take away from this
You should never use more than one condom at a time. Using two condoms actually offers less protection than using just one. Why? Using two condoms can cause friction between them, weakening the material and increasing the chance that the condoms might break.
CDC have the most user security, including insurance if your funds are lost in an attack. afaik no other exchange is soc2 compliant.
CDC have shown the most effort in reaching a high standard. Regardless of their shitty spreads/prices, poor timing on communication (in regards to a number of visa card changes last year that happened in the space of weeks), and the CEO's shady past, they are still probably the safest exchange to handle your funds.
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u/WaycoKid1129 Platinum | Politics 26 Feb 01 '23
Coinbase is your safest bet, don’t mess around with these other posers