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๐ฒ Insider Info in my Socials ๐ https://guy.coinbureau.com/socials/
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๐บEssential Videos๐บ
FTX Bankruptcy Filing ๐ https://youtu.be/mt5jCk51yk8
How To Keep Crypto Safe ๐ https://youtu.be/X_heFWeETZs
BNB Analysis ๐ https://youtu.be/Jwo4rwik6WM
Binance Tutorial And Fee Discount ๐ https://youtu.be/YzJ6xkJpeUk
Company Taking Over Cryptocurrency ๐ https://youtu.be/H_jGGSpjUbw
KuCoin Tutorial And Fee Discount ๐ https://youtu.be/aHKYxgxDCO4
~~~~~
โ๏ธ ๐ Useful Links ๐ โ๏ธ
โบ Nansen Exchange Reserves: https://portfolio.nansen.ai/entities
โบ Binance Proof of Reserves: https://www.binance.com/en/blog/community/our-commitment-to-transparency-2895840147147652626
โบ OKX Proof of Reserves: https://www.okx.com/proof-of-reserves
โบ OKX Tutorial: https://www.coinbureau.com/review/okx/
โบ Kucoin Proof of Reserves: https://www.kucoin.com/blog/transparency-and-trust-a-detailed-list-of-kucoin-s-wallets
~~~~~
– TIMESTAMPS –
0:00 Intro
0:39 What is Proof of Reserves?
4:41 Binance
7:42 Crypto.com
11:28 OKX
15:07 KuCoin
18:04 Will DEXes Take Over?
21:25 Outro
~~~~~
๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Crypto #Reserves #Exchange
29 Comments
Hope you guys found this video useful! Special mention of Kraken. They have been doing this for years and have been strong advocates for PoR. Just remember, now matter how safe you think an exchange is (even if you can verify assets & liabilities), nothing beats the safety of keeping your crypto in your own custody. Store it offline. Not your keys, not your crypto! Don't forget that you can follow me on my socials for all the content that you are missing here ๐ https://guy.coinbureau.com/socials/
How to holder a stablecoinin ledger to buy a dip ?even stable coin are not guarantee one ?Harder wallet doesn't store USD
Binance peg busd is not backed by paxos. Only the erc20 busd is backed by them.
Nexo has been doing this for over a year.
Assets and liabilities all available to see
Getting tired of your continuous CDC FUDโฆ
we all love the Cex
Note worthy content…I'm going to have to re-watch and do a little dyor with a pad and pen on the ready lol. Thanks for the work and details. Cheers.
Thanks for being a freedom fighter and telling the truth
I like LINK and POSI
Great Video, I'm not completely convinced that DEX will end up taking over everything, we are already seeing corruption within that space with Uniswap and Metamask now collecting data without letting users opt out…still hopefully people can find alternatives
Nice!๐
I got some BETH sitting on Binance. Can I take it out and store it myself without fees?
If binance has tether thatโs worrying ๐ฎ
Komodo's AtomicDEX is very solid option
actually, for $ethereum no need hodl in CEX no more , dawn of new era : $ethereum market makers just use web3 GMX ethereum layer 2, of course now and so on!!!
Gay the best guy when it comes to education. We love you man.
Thank you for making these great videos.
Thanks. Moved most of my exchange funds to offline wallet. Thanks Guy, you wake people up!
After all of this, you might update the review of all the wallets, how it works etc.
Big support for Kraken, they are a well-run organization. Always use them for trades.
Always keep my crypto in my own wallet tho
After Celsius collapse, I decided to adquire a cold storage, and how right I was… Stay safe in this winter my fellow crypto buddies
Always good information from the Coin Bureau!
Best DEX is osmosis in my opinion. it's cross chain DEX
GOOD Video Chief
It doesnt mean anything.. Luna, 3AC, Voyager Digital, XRP, ICP and many more.. had been throwing ponzi and sham to the retail investors.
And binace is also shady as hell
around this year coinbase confirmed such no liabilities, all their users' crypto ownership under coinbase ownership/on chain coinbase's wallets …especially if bancruptcy declared like ftx, actually , coinbase will just also get/follow same treatment like ftx. let's just see .. that's why american whales prefer hodl coinbase stocks also side by side, to fully consume coinbase custody services experience, rather than become tech savvy using self custody just in case very risky for non tech savvy whales such grandma like lol
Tethers proof of reserves is more important.
You were a bit unfair over there. Bisq is a DEX and fully supports fiat conversions.