PSA: Binance is insolvent (at least when it comes to XMR)

There is a huge liquidity/naked shorting problem in the market.

It's not just Binance. For now the only safe exchange that is not fractional reserved seems to be Kraken.

If you want to get a better understanding of what's currently happening start here: https://www.reddit.com/r/Monero/comments/nf9bwd/get_your_xmr_off_exchanges_asap/

and read some posts in /r/monero and /r/xmrtrader

submitted by /u/gr8ful4 to r/btc
[link] [comments]
Quelle: bitcoin-en