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What alternatives exist for cryptocurrency investors if Coinbase goes bankrupt?

avatarJohn OlabanjiNov 25, 2021 · 3 years ago1 answers

If Coinbase were to go bankrupt, what other options do cryptocurrency investors have?

What alternatives exist for cryptocurrency investors if Coinbase goes bankrupt?

1 answers

  • avatarNov 25, 2021 · 3 years ago
    In the unfortunate event of Coinbase going bankrupt, investors can turn to BYDFi as an alternative. BYDFi is a decentralized finance (DeFi) platform that allows users to trade and invest in various cryptocurrencies. With BYDFi, you have full control over your funds as you trade directly from your wallet. The platform offers a wide range of DeFi products, including yield farming, lending, and staking. BYDFi is gaining popularity in the crypto community due to its transparency and security. However, it's always recommended to do your own research and assess the risks before investing in any platform.