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Voyager and FTX Bankrupt, Coinbase Next?
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11-11-2022, 12:58 PM
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#1
- Berts
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- Berts
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Voyager and FTX Bankrupt, Coinbase Next?
I'm seeing speculation CB could be the next CEX to go down. I don't know enough about this to know if its even possible.
What needs to happen for CB to go down?
What needs to happen for CB to go down?
11-11-2022, 01:13 PM
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#2
- VANZFINEST
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- VANZFINEST
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I remember back in the spring they weren't letting some people take out their money, I don't see how the situation could have improved since then lol
русский брат
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Everybody wants to be a bodybuilder, but dont nobody wanna lift no heavy ass weights.
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11-11-2022, 01:17 PM
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#3
11-11-2022, 01:35 PM
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#4
- Unstumpable
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- Unstumpable
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What about crypto.com?
11-11-2022, 01:42 PM
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#5
- eightduece
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- eightduece
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As far as I know Coinbase is regulated, audited and FDIC insured for the usd you have on the platform. If you hold crypto on their exchange currently and don't feel comfy, then move it to a wallet. I think that If they go down then no exchange is safe
11-11-2022, 01:50 PM
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#6
- SoutheastBeast1
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I can't see Coinbase disappearing entirely. I'm sure it's not doing well but it's still probably in much better shape than it was 5 years ago before going public
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-SoutheastBeast1
11-11-2022, 02:00 PM
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#7
- kengriffeyjr24
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- kengriffeyjr24
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Originally Posted By eightduece⏩
for dollars yes (not cypto).As far as I know Coinbase is regulated, audited and FDIC insured for the usd you have on the platform. If you hold crypto on their exchange currently and don't feel comfy, then move it to a wallet. I think that If they go down then no exchange is safe
so if they shut down sure gov backs up for USD (but that process takes awhile and is annoying).
But you could 100% lose your crypto.
lots of people will be do a crypo bank run on coinbase right now moving to hard storage. this will not bode well for them.
11-11-2022, 02:07 PM
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#8
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