We all know that coinbase is one of the largest exchanges for acquiring cryptocurrency. If you’ve been using it for a decent amount of time you may know some of the issues coinbase has.(wallet maintenance, insider trading, holding trades at important times, etc etc) But granted, this applies to all centralized exchanges, which are btw the biggest weak spot in the crypto space right now.
As long as we have centralized exchanges for trading cryptos, we have always the threat of a regulation by a government, in the case of coinbase the us.
This may not be influencing the crypto in itself but it will influence the price and adoption immensely. And in my opinion, it is just a matter of time that some governments start regulating or even crack down on these.
But what other options do we have for fiat -> cryptocurrency?
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We all know that coinbase is one of the largest exchanges for acquiring cryptocurrency. If you’ve been using it for a decent amount of time you may know some of the issues coinbase has.(wallet maintenance, insider trading, holding trades at important times, etc etc) But granted, this applies to all centralized exchanges, which are btw the biggest weak spot in the crypto space right now.
As long as we have centralized exchanges for trading cryptos, we have always the threat of a regulation by a government, in the case of coinbase the us.
This may not be influencing the crypto in itself but it will influence the price and adoption immensely. And in my opinion, it is just a matter of time that some governments start regulating or even crack down on these.
But what other options do we have for fiat -> cryptocurrency?
@salahuddin