The FTX incident has significantly impacted how crypto users perceive centralized exchanges (CEXs). In response, many CEXs have introduced initiatives to regain user trust. Bitget's Protection Fund is a prime example, designed to safeguard users against threats like hacks, fraud, and market volatility. Initially set at $300 million, the fund has grown to an average of $424 million, demonstrating a commitment to asset safety. What are your thoughts on protection funds like these? Link here
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- What measures do you think are essential for guaranteeing user fund safety?
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