3rd party risk is off the charts right now.
When you give your crypto to an exchange it's an interest free loan, same as a bank.
They get your money and you get an iou.
Nyk,nyc.
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3rd party risk is off the charts right now.
When you give your crypto to an exchange it's an interest free loan, same as a bank.
They get your money and you get an iou.
Nyk,nyc.
They need the Hive. Thats the point. You cant even short on margin, it gives an error. Nothing to lend. Only shorts coming in are on perpetuals and those pay 2% every 4 hours to longs.
And shorts are rekt badly. Its good for the price.
Binance is satan.I hope @vsc.network is working on this.
Overreliance on CEXes VSC will fix, but at this point if we can generate demand on any platform thats a positive. VSC is a safety net that will keep us independent.