Ok so Nexo pauses trading then what?

Question

Nexo Community

Jimbo Jones

Ok so Nexo pauses trading then what?

#cryptocurrency #english #nexo

0

25.05.2022

7 ответов

17 просмотров

Int

They temporarily freeze trading, or givea signal that buying that stuff is extremely risky. So the buyer then waves all responsility if he buys that stuff. Though the situation like this was perhaps new for nexo itself and for many people, but at the end i suppose that investors may haveen better protected, even at huobi there is a sign trade with caution with cery risky assets for the noobs. Tbh i never bought luna earlier before buying it on nexo

0

25.05.2022

Jimbo Jones Автор вопроса

Int
They temporarily freeze trading, or givea signal t...

I guess what I am trying to get across is if it goes from $1 to $0.70 and Nexo pauses trading… During this pause the price continues to change because Nexo does not control the entire market. So if The token drops to $0.01 while Nexo is paused you have prevented people from selling at $0.70 and taking a 30% loss and forced them into a 99% loss

0

25.05.2022

Int

Jimbo Jones
I guess what I am trying to get across is if it go...

I see the following way as reasonable: after price dumps till 40-50% nexo does nothing. If dump is 60-70% nexo makes a form stating that the asset us extremely volitile and the customer trades at his own risk. After the price is around 15-20 usd, nexo halts the trading allowing withdrawal and deposits, and mutual swaps from trader to trader after oassung through a series of informational statements.

0

25.05.2022

Kristian

Int
I see the following way as reasonable: after price...

The customer always trades at their own risk. All crypto currencies are inherently risky.

0

25.05.2022

Int

Kristian
The customer always trades at their own risk. All ...

This is not how the SEC compliant companies operate, even huibi informs customers of risks and dangers with some assets

0

25.05.2022