Cryptocurrency exchanges, the most popular ones are all still centralized to this day. These include: Binance, Kraken, Bitmex, Bithumb, Huobi, Gemini, Bitfinex, Coinbase Pro, and many many others. Recentely, the Canadian Based Quadriga CX has supposedly lost 190 million dollars in customers funds. This is just proof that holding your coins on a centralized crypto exchange is not the best idea. Even more proof is these exchanges are working with the Tether Mafia, which has been accused of artificially propping up the price of Bitcoin and the crypto markets. Luckily we have options called decentralized exchanges or a crypto dex! Which Dexs are the best? Tune in as I walk you through Quadriga, the Tether Mafia hustle, and the best crypto dexs!
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⏰ Time Stamps ⏰
00:08 Introduction: A Very Exciting Weekend
00:43 Quardriga CX Debacle: What Happened?
03:08 Centralized Exchanges Do Shady Business!
03:23 The Tether Mafia-What Is It?
03:59 Tether Controls All Trading Volume of All Coins
04:31 Who Are The Top Holders Of Tether
04:43 Controllers of Tether Have Been Printing Tether
05:12 Charlie Lee ($LTC) Is Involved WIth Tether
05:49 How Do We Fight Back? Stablecoins Like Dai and Decentralized Exchanges (DEXs)
06:24 Top Decentralized Exchanges
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
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