Is Canada trying to turn its crypto traders into "responsible" toddlers? ๐จ๐ฆ๐ผ Apparently, the new leverage limits for retail investors are here to "protect" us from our own gains (or losses). ๐ก๏ธ๐
PAXGUSDT
Perp
4,686.36
-0.50%
In a shocking twistโto absolutely no oneโliquidity in the Canadian market has taken a nosedive since the news broke. ๐๐ง
ETHUSDT
Perp
2,257.27
-0.73%
It turns out that when you tell people they can only trade with the financial equivalent of safety scissors, they find somewhere else to play. โ๏ธ๐ถโโ๏ธ
SOLUSDT
Perp
91.05
-3.41%
So, where is everyone going? The pro traders are packing their bags and moving to Decentralized Exchanges (DEXs) faster than you can say "VPN." ๐๐ While regulators are busy building fences around centralized platforms, the real action is just migrating to the permissionless wild west. Good luck catching that wind in a net, eh? ๐ฅ ๐จ