Is KuCoin Insolvent? Crypto Contagion, Safe Exchanges
— Publish, 3ac, Doubt, Told, Open, FUD, Date, Crypto contagion coming — 1 min read
The KuCoin CEO denies rumors that the exchange is insolvent, and traders have been able to withdraw from KuCoin. KuCoin is favored by many active day traders e.g. those in the U.S. as it requires little KYC and has derivatives pairs – for some traders it is one of the only options for margin trading. The general consensus on Twitter is that the following crypto exchanges are the safest bets given the current market conditions and possible contagion.eToro is regulated by top-tier regulatory bodies the FCA, ASIC and CySEC, operating the longest since 2007 and is open to the USA. The exchange platform will publish a 2022 review report for investors to ‘know more about our operations’. Source