CRYPTO GURU — АНДРЕЙ ИЛЬИН RRTV MEDIA #2

What are the biggest risks in developing your coin and projects on Binance, By beat, OKX blockchains?
Developing your own coin and projects on the blockchains of large crypto exchanges such as Binance, Bybit and OKX involves a number of risks that depend on the specifics of each platform. Below is an analysis of the key risks for each of them.:

1. Binance
Advantages: High liquidity, a wide range of tools (staking, Launchpool, margin trading), global regulation (for example, in Malta).
Risks:

Withdrawal from the Russian market (2023): Limited access for users from Russia, which reduces the potential audience and complicates marketing.
Regulatory risks: Despite licenses in a number of countries, Binance is facing stricter controls in different jurisdictions, which may affect the stability of the project.
Security: Although the exchange has a good reputation for protecting funds, centralized platforms are always vulnerable to hacks and internal problems (for example, account freezes due to KYC).
Dependence on BNB: Many Binance products (for example, Launchpool, staking) require the use of BNB, which creates volatility and risks for projects that depend on the Binance ecosystem.
2. Bybit
Advantages: Specialization in futures, fixed fees (0.075%), high popularity in Russia.
Risks:

High risk of hacking: In February 2025, Bybit lost $1.4 billion due to a cold wallet hack, which undermined trust in the platform.
Limited opportunities for projects: The focus on derivatives means less support for new coins compared to Binance (for example, there is no Launchpool equivalent).
Regulatory uncertainty: Like Binance, Bybit may face blockages in different countries, especially after major incidents.
3. OKX
Advantages: Russian-language interface, active P2P trading, fewer restrictions for users from the CIS.
Risks:

The risks of P2P trading: There is a high probability of encountering fraud or "laundering" of cryptocurrencies, which can lead to blocking by banks or regulators.
Lower liquidity: Compared to Binance, OKX is less popular among institutional investors, which can make it difficult for new projects to list and grow.
Problems with AML/KYC: Stricter checks may affect users, especially when working with fiat.
Common risks for all platforms:
Volatility of the crypto market: Sudden price changes can make projects unviable.
Competition: Thousands of new coins are competing for attention, and the chances of success are slim.
Regulatory changes: Global bans or restrictions (as in the case of Binance in Russia) can destroy the business model.
Conclusion: The choice of platform depends on the target audience and the type of project. Binance offers better liquidity, but regulatory risks; Bybit is good for traders, but vulnerable to hacking; OKX is convenient for CIS, but has problems with P2P