Hacker News new | ask | show | jobs
by glenneroo 3074 days ago
Poloniex and Binance let you convert to/from Tether (USDT). Do you consider Poloniex or Binance to be sketchy?
2 comments

Absolutely. Is there any information available on the ownership of Poloniex? Do they provide any proof of reserves?
My friend has met some of Poloniex’s engineers. I think they’re based out of SF.
Nothing can be more legit about a half remembered third hand account from an anonymous Internet source.

My default assumption when I see a cryptocurrency exchange is that it is either fraudulent or incompetently run, because that has been the case overwhelmingly in the past. It takes extraordinary evidence to make me trust one.

You forgot Bittrex.
How bad is Bittrex compared to the others?