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I think there's a big difference between hard-stops ("can't go down more than 7% today") and soft-stops ("if it goes down 7%, pause trading for a minute"). Curbing panic selling is a tough pill to swallow but having a safety switch in case it's a typo/flashcrash/etc. makes sense

2:11 AM · Mar 11, 2020Twitter Web App

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1. Circuit breakers are enforced because of regulations not monopolies. Big difference 2. Crypto currently is almost completely unregulated and often sees large spikes in price. No individual exchange will risk implementing a circuit breaker alone obviously

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👏🏼 Think VIA on binance in March 2018 as well

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and

This would only happen if we could get a global agreement of ALL the major players (volume-wise) in the industry. Hence I don't see this change coming in the near future (i.e. answer from

@cz_binance