Those in the crypto community who had funds on the FTX exchange are extremely cautious about the possibility of falling victim to another issue like this in the future. For those who are active in the trading space, the fall of another centralised exchange has been a huge cause for concern.
When a company mismanages funds and takes on a lot of debt and leverage, there are always signs. Many of the signs before the FTX collapse were almost identical to those before the collapse of the Celsius Network earlier this year.
Of course, anyone can choose to take self custody of their assets at any time to completely remove any possibility of this happening, but even in such a situation where one isn’t directly affected by funds being frozen, savvy traders are able to capitalise on collapsing markets by shorting assets as they fall – those who would have shorted FTT on its decline from $22 to $2 in the space of 48 hours would have booked decent profits.
One of the main factors determining the quality of an #exchange platform is its degree of security. Recent events have reminded us that this factor should not be compromised. Intelligent #trading platforms like #D2T are important today to detect impending problems like #FTX! pic.twitter.com/zWrGQ4U8CC
— Dash 2 Trade (@dash2_trade) November 22, 2022
Dash 2 Trade helps spot when something has gone wrong
As a brand new crypto signals and trading platform, Dash 2 Trade is focused on ensuring that traders have the largest edge they can possibly have over the markets.
Dash 2 Trade doesn’t only provide users with a range of technical analysis, and tips over where there are potential lines of support and resistance, but it allows traders to see when other signals (such as social sentiment) may be more important.
Positioning itself as the “Bloomberg terminal of crypto” (although not nearly as expensive), Dash 2 Trade is a subscription service that provides traders with everything they need to know about the markets.
There is a free tier, which anyone can use without paying any D2T, but for those who want more features the starter tier requires a monthly subscription of 400 D2T and the professional tier requires a subscription of 1,000 D2T for the full range of services.
The Dash 2 Trade presale is live now
The Dash 2 Trade presale has now raised almost $6.9m, and has been selling out extremely quickly over the course of the past few weeks.
This is all the more impressive when one considers that we are currently in the depths of a bear market.
The presale is being conducted in a series of stages, with the price gradually increasing at each stage – this means that those who want to secure the best prices ought to buy before the price rises.
Currently, D2T is being sold for $0.05133, but this will rise to $0.0533 at the next stage.
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Dash 2 Trade - New Gate.io Listing
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- Featured in Bitcoinist, Cointelegraph
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- Trading Community of 70,000+ Members