@Zionitegem I completely agree with you. Transparency is crucial in the crypto industry, and both exchanges and users have a responsibility to be proactive in understanding the risks and responsibilities involved. Exchanges should clearly communicate the terms of service and any potential risks to their users, and users should be diligent in researching and understanding the nature of the platforms they are using.
In addition to being transparent, it is also important for exchanges to have strong security measures in place to protect user assets. This can include measures such as multi-sig wallets, cold storage, and regular audits to ensure the integrity of the exchange’s operations.
Finally, it is important for both exchanges and users to stay up-to-date on regulatory developments in the crypto industry. As the industry continues to evolve and mature, new regulations may be put in place that impact how exchanges operate and how users can access and trade cryptocurrencies. By staying informed, exchanges and users can ensure that they are in compliance with any relevant regulations and can continue to participate in the crypto industry in a responsible and sustainable way.