FTX Crash: What to do now?
Sure, all of you are aware of what happened. I don't have an account on FTX, but if you do,I guess the only recourse is to wait patiently, and if your capital is freed up, to take it off the exchange immediately.
Going forward, we should consider using decentralized exchanges such as Defi Swap and Uniswap where we do not give up custody of our cryptocurrency.
If FTX does go under, it would likely put a strain on the industry in the short term. However, in the long term, the crypto and blockchain sector will continue to thrive, which I would consider investing in further down the road. This is ultimately an opportunity for the industry to improve and learn through the process of trial and error.
I just created a crypto chat room. Let's help each other here.
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funny Giraffe_6930 : don't have FTX.