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It's to make people feel mote safe when their funds are on a CEX like binance, it's a pure marketing play but an effective one
>Exchange doesn't refund: Oh wow, how greedy, CEX bad >Exchange refunds: Just a marketing play, CEX bad. The motive isn't really important here. The fact is they're doing it.
>Exchange doesn't refund: Oh wow, how greedy, CEX bad Do people expect exchanges to cover token collapses like this? I certainly never have but I'm also not much of a CEX user, and yeah it's a good move but it's CZ, he'll always get something out of it, just being realistic
No, there's no precedent for it. ETC gets 51% attacked all the time. Why I said there was no reason for them to do so. Just feels like it was pretty neat that they did, even though it's good PR. Everything doesn't have to be some evil ulterior motive play.
Agree. There are several reasons to criticize CZ but compensating the users is not one whatever the motive may be.
agreed, we're all quick to criticise
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