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RE: The Blockchain Brief: I'm Calling Bullshit on Tether

in #cryptocurrency7 years ago (edited)

So it would be pretty safe to say i should withdraw all my funds out of bitfinex? Which exchange do you recommend?

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This is not advice, but I am told that Bittrex and Binance are more reliable than bitfinex, although MORE safe doesn't necessarily mean totally safe

I'd recommend the BitShares DEX. It has a bit of a learning curve as it's a decentralized exchange, but it's worth it! With Bitshares you own the keys to your crypto assets, on a centralized exchange like BitFinex you own nothing but an IOU from the exchange.

@tonypeacock made an excellent how-to tutorial the other day for beginners:
https://steemit.com/bitshares/@tonypeacock/bitshares-how-to-tutorial-video-1-setting-up-a-wallet-on-the-bitshares-dex