I've been labeled a fool for using Coinbase for the past few weeks. Coinbase acted improperly by detaining a fellow member's ALGO, as we all know and with that, I believe Coinbase is operating on fractional reserves and does not want to lose out on its governance rewards, thus they are delaying ALGO withdrawals artificially.
I'm currently looking for a replacement for CoinBase. Because I've used them since going into crypto, they have officially lost my business, which is a shame.
I plan to use four different exchanges and from some research, I believe that each has its own set of advantages and disadvantages:
Kraken is known for its excellent customer service and simple sepa deposit.
For staking/lending will probably be done through Haru Invest and Binance.
For some shitcoins, I may use Kucoin.
And finally use Gemini to get BAT from a brave.
And since multiple exchanges do not incur additional costs, I will choose the finest for myself from a variety of options because I don't want to get hacked if I have everything on one exchange. Iβll be sure to keep track of my crypto stats in a portfolio I manage.
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