Nobody could have predicted that at the end of 2022 we would see the great crypto exchange wars reach the levels of major players getting murdered in broad daylight for all of us watch in disbelief.
Some of the exchanges which appeared to be the most stable have turned out to be the first to fall.
What CEX do you predict will survive the war?
I’m predicting that both Gemini, Coinbase and Binance will make it through.
Gemini – Run by the Winklevoss twins, has always prioritized compliance, has been around since 2014. Was also started by early bitcoin adopters.
Coinbase – started in 2012 and now publicly traded, it’s not the most exciting exchange but having to answer to shareholders helps keep them honest I think.
Both exchanges above are allowed to operate in New York, the US state with the strictest regulations regarding crypto. They also do not have their own token invented out of thin air to be used on their exchange for benefits.
Binance – size,will most likely keep them going provided they are not completely lying about their holdings like FTX did.
It’s best not to hold crypto on any exchange but for on ramping and trading these three seem to be the best.
submitted by /u/Odlavso
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