facebookI currently have crypto worth about 700 usd in Binance. Given the recent MAS news, what should I do now? - Seedly

Anonymous

04 Nov 2021

Cryptocurrency

I currently have crypto worth about 700 usd in Binance. Given the recent MAS news, what should I do now?

What should I do with crypto still in Binance?

Discussion (2)

What are your thoughts?

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I moved my coins to Celsius and MetaMask (wallets) and Gemini (another exchange). It's better to diversify and not put all coins at single place. I stake my coins on Celsisus to earn interest. There's also Gemini Earn where I can stake my coins. Trading fees are relatively cheaper on Gemini (0.35%) compared to CoinHako (1%) or Binance SG (0.6%).

Bobby Lee

04 Nov 2021

Investor at Investor@Singapore

Depending on your coin. I would move my coins to another exchange or a wallet. For exchanges I suggest Gemini and Coinhako.

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