HarryYTK Posted January 28 Share Posted January 28 Today was scrolling through Twitter and I found out that KuCoin has pleaded guilty to operating an unlicensed money-transmitting business. As part of this plea, the exchange has agreed to pay monetary penalties totaling over $297 million. Operating an unlicensed money-transmitting business can have serious implications for cryptocurrency exchanges, Kucoin may face operational shutdowns or restrictions and has caused serious harm to its reputation, first was FTX now Kucoin, the funny thing is we won't be sure of how much they took and if it's more than the fine they're asking them to pay.https://www.cryptonewsz.com/kucoin-pleads-guilty-unlicensed-money-business/ Wondering which exchange is safe at the moment, with Binance facing many regulations from different sectors, I've withdrawn every coin I have to Bitget cause I see they're getting more remarks and have been user-friendly with all the new options they're giving to help their user spot new gems with Bitget seed. Which exchange do you think it's safe to use at the moment, I'll like to hear your thoughts on this cause I don't want to lose my investment Link to comment Share on other sites More sharing options...
TGF Premium ⭐ Peter Posted January 28 TGF Premium Share Posted January 28 1 hour ago, HarryYTK said: Today was scrolling through Twitter and I found out that KuCoin has pleaded guilty to operating an unlicensed money-transmitting business. As part of this plea, the exchange has agreed to pay monetary penalties totaling over $297 million. Operating an unlicensed money-transmitting business can have serious implications for cryptocurrency exchanges, Kucoin may face operational shutdowns or restrictions and has caused serious harm to its reputation, first was FTX now Kucoin, the funny thing is we won't be sure of how much they took and if it's more than the fine they're asking them to pay.https://www.cryptonewsz.com/kucoin-pleads-guilty-unlicensed-money-business/ Wondering which exchange is safe at the moment, with Binance facing many regulations from different sectors, I've withdrawn every coin I have to Bitget cause I see they're getting more remarks and have been user-friendly with all the new options they're giving to help their user spot new gems with Bitget seed. Which exchange do you think it's safe to use at the moment, I'll like to hear your thoughts on this cause I don't want to lose my investment Also, on X there are many reports of Coinbase users getting withdrawals blocked. Take a look at Kinesis Pro https://kinesisgold.org/kinesis-pro-now-live-with-usd1-soft-launch/ 0,22% trading fees The only exchange where you can trade cryptocurrencies vs allocated gold and silver. Plus, holding gold and silver (KAU and KAG) in your account you get Kinesis holders yield. Link to comment Share on other sites More sharing options...
HarryYTK Posted January 31 Author Share Posted January 31 When you mean hold Gold do you mean like spot trading cause i do trade Gold already on FX I'll prefer it that way then to hold as spot trading Link to comment Share on other sites More sharing options...
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