OKX: CryptoMichNL Picks Exchange for Futures After FTX
OKX gains endorsement from CryptoMichNL for futures trading due to MiCA licensing gaps and proof of reserves transparency post-FTX collapse.
SourceAnalysis
CryptoMichNL selected OKX for daily futures and altcoin trades after funds remained locked on FTX for months, reshaping his view on exchange safety. With MiCA active since July 1st, most platforms in Europe lack licenses, leaving assets unprotected under MiCA regulation impact on crypto exchanges. He prioritizes proof of reserves and transparency as core filters, citing OKX for superior fees, liquidity and availability in futures trading. The choice aligns with BTC market volatility effects where venue reliability matters most, alongside futures trading on OKX and post-FTX exchange transparency standards.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast