Travala did a lot of volume with Monero after advertising it for years in the Monero community.
After Binnace aquired it, it was one way to make OGs sell coins and keep a constant flow of Monero to counter Binance fractional reserve scheme. If you think about it - it was genius.
Then Binance delisted Monero and Travala delisted the same day. Huge red flag.
Ever since Travala is a pita to use. Many times they block accounts for weeks if a tx hits their risk score.
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Interesting theory. Consistent with what hanshan was saying. Something about holding monero on exchange even sadder than BTC on exchange.
Travala did a lot of volume with Monero after advertising it for years in the Monero community.
After Binnace aquired it, it was one way to make OGs sell coins and keep a constant flow of Monero to counter Binance fractional reserve scheme. If you think about it - it was genius.
Then Binance delisted Monero and Travala delisted the same day. Huge red flag.
Ever since Travala is a pita to use. Many times they block accounts for weeks if a tx hits their risk score.
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Wait
binance owns trivala?
Not sure if directly or via shell. But yes.