Elon Musk Wants Dogecoin Holders to Not Rely on Cryptocurrency Exchanges. Know Why

By Jessica On Nov 29, 2021

Elon Musk is a staunch supporter of cryptocurrency, especially meme based Dogecoin

Elon Musk, Tesla CEO’s latest stance on cryptocurrency became clear when he had delivered a rebuke to Binance chief executive officer Changpeng Zhao on Twitter over Binance’s policy

News18.com
Last Updated:November 29, 2021, 11:27 IST
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Elon Musk, a staunch supporter of cryptocurrency, wants the cryptoholders not to rely on any centralised cryptocurrency exchanges like Binance or Robinhood. Tesla CEO’s latest stance became clear last week when he had delivered a rebuke to Binance chief executive officer Changpeng Zhao on Twitter over Binance’s policy. The biggest mover of Dogecoin, raised concern on social media on behalf of Dogecoin holders facing issues at cryptocurrency exchange Binance. “Hey @cz_binance, what’s going on with your doge customers? Sounds shady,” Musk tweeted after cryptocurrency exchange had limited withdrawals of meme-based digital currency dogecoin.

Recently, Musk replied to a tweet by Bill Lee, stating that people investing in Dogecoin, the meme-coin cryptocurrency, should keep the custody of their ‘keys’.

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