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RE: Ethereum Flash Crash - $317 to $0.1 on GDAX - Programmer explains

in #ethereum • 7 years ago (edited)

I don't like centralized exchanges at all because they always try to fool their customers in every possible way. Yesterday my transaction with $4000 worth of steem -> ethereum were lost by changelly.com probably due to poloniex problems.

7 years ago in #ethereum by
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     7 years ago 

    I keep hearing very bad things about Changelly. People getting some ridiculous fees, transactions not going through etc.

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       7 years ago (edited)

      I feel that these cryptocurrency exchanges need to follow the exchanges of the stock market. They didn't let it happen on the "normal" exchanges and they certainly shouldn't allow the flash crash to happen on cryptocurrency exchanges. We definitely need to set up circuit breakers if the cryptocurrency market becomes mainstream.

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