Include space in FTX

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How to Include space in FTX

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of discretion in that respect Im not saying that thats whats happened in this particular instance but you know if its a situation where paxis is already doing disclosures on their end they say well do we really need disclosures to be pushed through to the exchange level and I.E the cigarette packs having this will cause cancer and have the dead long or dead child on it do we do we really need to go outside of course of course because if theres no consumers that are exposed lets say to an exchange like binance for the first time and it all looks you know very cozy and uh it looks like hey I can make some money I can earn some interest but then none of the risks are disclosed okay I can guarantee I can guarantee to you whats going to happen is that okay so CZ is back here folks so I just want to cut in Kim theres yeah back here from his officially let me just finish my sentence really quick so what I think is going to happen within a week uh the regulator you know certainly now

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Is it safe to store crypto on FTX?

Yes but only for trading purposes. Nowadays exchanges are genuinely secured, but theres always a chance that 1 out of 10 exchanges to be . So the best and most secure way is to store your crypto on to hardware wallets such as Trezor and Ledger.

What happened to FTX wallets?

What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low as of Nov. 9.

Why is FTX not available in the US?

FTX became one of the most recognizable crypto brands in the U.S. thanks in part to high-profile marketing deals. But because the company is based in the Bahamas, Bankman-Fried didnt have to open its books to U.S. regulators.

What is going in with FTX?

The FTX exchange had no choice but to file for bankruptcy on November 11, 2022. There are many stories and even more questions coming out of this collapse. The fallout is ongoing, and Congress will seek answers as to how this couldve happened. SBF has been speaking with the media against the wishes of his lawyers.

Did FTX have non custodial wallets?

The truth is that this could happen to practically any other centralized crypto exchange should it find itself in a liquidity crunch like FTX, as the vast majority of them use the so-called non-custodial wallets, meaning its the exchange that holds clients funds, not the clients themselves.

How much did FTX investors lose?

The collapse of the crypto exchange FTX seemed to materialize out of nowhere: Within one week in November, FTX transformed from one of the most respected and trusted parts of the crypto industry to a bankrupt disgrace that lost more than $8 billion of its customers money, ing to authorities.

Does FTX offer cold storage?

In addition, FTX.US offers the following security features: It has a custom-built hot and cold wallet storage system that splits up funds among digital and offline storage, with a full external backup of all hot wallet funds.

How do you keep your cryptocurrency safe after the FTX collapse?

Diversify locations of assets - diversifying your investment locations will allow you to prevent situations where the crash or collapse of the exchange translates into losing all the money. So, focus on self-custody solutions instead of keeping your funds on an exchange.

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