I saw the news yesterday that a certain exchange is completely shutting down its services. It's a exchange called Probit Global, and it already stopped spot trading last month, with withdrawal deadlines ending at the end of that month. Looking back now, it seems that since then, accounts have been deactivated and fees have even decreased.

People who still had assets on Probit Global must have been really stressed out. If they missed the withdrawal deadline, their assets would be deducted under the pretext of infrastructure maintenance costs, and the final deadline was said to be in early April. After that, all assets would be completely wiped out. With regulations causing exchanges to close more frequently these days, it seems that Probit Global's shutdown happened very quickly.

Some people might be worried that similar situations could happen with other exchanges, but since the Probit Global incident, it seems more people are paying closer attention to managing their assets. These days, choosing the right exchange really feels important.