Post by John Pitts

1ENXqW…xWMd Key · twetch
Reposted
Diamonds in the Rough 2.9y

How you can tell which exchanges and financial partners to avoid:

Just look for the tell-tale "US customers not allowed" sign.
Why?
If not able to register in the US, it means the exchange doesn't have to follow any reasonable rules, such as:
NOT raping customers with 100x leverage
No "Japanese-walled" market maker partners (think Alameda Research to FTX relationship)
No Co-mingled assets (customer's with exchange's)
No illegal unregistered securities

In other words, you look for lingo like this which SEEMS like they're being open and "cool", but in reality this is a thinly vieled invitation to use VPN masking to open up an account no matter WHICH country you live, and that's exactly what happens.

What the chain says
Block
821 358
Time
2023-12-06T00:48:48Z
Signer
1ENXqWtbCLCMFFeyDREdEGW89nBecFxWMd
App
twetch
Type
repost
Content type
text/plain

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1ENXqWtbCLCMFFeyDREdEGW89nBecFxWMd Verified