11-04 04:19 - 'ew why use coinbase, use binance or kraken. Coinbase is a rip off of an exchange. Kraken has much much lower fees! / / last usa elections, crypto was unaffected. No one knows what can happen. I've honestly liq...' by /u/Mokhabarat removed from /r/Bitcoin within 386-396min
''' ew why use coinbase, use binance or kraken. Coinbase is a rip off of an exchange. Kraken has much much lower fees! last usa elections, crypto was unaffected. No one knows what can happen. I've honestly liquidated some shitcoins and have a reserve of usdt ready to buy when the price dips, and i have as well my bitcoin that i wont sell, not until bitcoin hits 100k! ''' Context Link Go1dfish undelete link unreddit undelete link Author: Mokhabarat
@cz_binance: RT @binance: #Binance Podcast 🎙️Episode 1⃣4⃣ - Long #Bitcoin, Short Bankers - @APompliano Pomp shares his adventures in the Crypto world! Pomp, Co-founder of Morgan Creek Digital, joins Binance CFO, @weizhouBinance to discuss the USA, Libra & more. https://t.co/cBneutrvKL Alt versions⬇️
@binance: #Binance Podcast 🎙️Episode 1⃣4⃣ - Long #Bitcoin, Short Bankers - @APompliano Pomp shares his adventures in the Crypto world! Pomp, Co-founder of Morgan Creek Digital, joins Binance CFO, @weizhouBinance to discuss the USA, Libra & more. https://t.co/cBneutrvKL Alt versions⬇️
A word of caution about exchanges, privacy and your permanent history on the blockchain
I had an account restricted on a major exchange this year and it's not a pleasant experience. Just wanted to share my experience, since I see so many have been through something similar in several exchange-related subreddits. My case happened at Bittrex but I think it's important to note that this may happen on any exchange, not just Bittrex. People are depositing way too much trust in these exchanges and it may come back to bite them. Here's my experience as honestly as I'm able to put it. Bittrex is technically great, contrary to what many say the system just works. Works great in fact, fast and very few glitches in many many years. I think I must've been a very early customer back when things were very informal and until 2020 I had absolutely zero problems with Bittrex. I always thought they were above the pack when it came to system security design and reliability. Despite joining when it was very early, I did full KYC and had the top tier withdrawal limit even though KYC wasn't obligatory back when I joined. I did it all formally because I wanted to have a sort of bank account I could trust, I didn't want to be jumping from exchange to exchange like some crypto traders did. I never used as much as 0.01% of this withdrawal limit, I'm small fish but it was nice to know I could move tons of BTC like the whales if I ever needed to. So I sent them all my real data, work address and so forth. Then Bittrex got moved out of USA and into some country, don't know where. Which was fine by me, I thought it was the same people behind it, doing some formality. Then one day a person with a drawing for a profile pic and some strange username decides to contact me out of nowhere using the Bittrex tech support interface. They know everything about me, but I don't know anything about them. No contact info visible, nothing. This support person sends you a statement you must sign and then based on that they begin to ask for specific documents. I wanted to keep my relationship with Bittrex, so I filled signed and returned it. Then they dived into each item in the thing requesting more documents based on each. So if you said you previously worked for ACME, they'll ask to see ACME related stuff. I said I bought Bitcoin using Bank X, so they wanted to see Bank X statements. And so on. They begin to dig into each specific item you inform. Then it downed on me that maybe I was under some formal audit, in which case I'd have the right to know so I could hire an accountant or lawyer. So I politely asked. They don't tell you anything. You don't even know who the person is on the other side, there is no identification at all of who's contacting you. You're sending all your personal informations to someone who, as far as you know, could be a cat or a dog typing on a random keyboard. So I then asked them why so much detail was needed, since I'd provided lots already. They ignore and just say thank you for your cooperation and proceded to ask for more stuff. I said fine let's do this and went along. Then they asked for specific crypto addresses for the tokens I'd used in the past. Like the address of whoever sent me some XXXX token years ago. I then thought hey man this is too much, do you need me to fax or mail you my ID or something, I'd do it but whatever I enter in there could spell trouble for me. For example, if some guy whose ETH address did something nasty, but coincidentally paid me years ago using that same address, if I gave them my address from the past, in those several years it could mean this person is now a wanted criminal and it'd spell trouble for me, who knows what the person did afterwards, then my account would be forever linked to that rogue address. I began to reflect on this and thought wait, this is not good, I could put myself into a 'bad address' database for no reason. Then I told them I would not send the crypto addresses. They said thanks let's continue the process. It felt weird overall, it just keeps going and demanding more information. I then asked for someone to speak to or somewhere physical I could go to, to talk and show that I'm a real person, they never reply anything, they just ask for more. So I finally gave up and stopped replying and they apparently restricted my account or something. I'll have to go back and reopen the ticket and request account reactivation but then they'll probably restart the same process again. I'm not really that much of a fan of crypto these days, so I'm thinking maybe it's time to call it quits. The reason I'm writing this is to let everyone know that whatever you do in crypto gets forever linked to you. You begin thinking it's some informal thing and that there's some freedom but there really isn't. You may fool around with crypto but then someone is recording everything and will demand you make everything formal in the future. When I joined Bittrex everything was more informal in crypto, even shapeshift and others allowed you to trade crypto with no ID at all, 100% anonymous. Heck even faucets gave out free Bitcoin back in the day. Then all of a sudden everything you do in these exchanges will be audited and you'll need to provide formal documents for everything you did in the past 10 years. Some anonymous operator (this isn't specific to Bittrex, all of them do it that way) with no office has all your info but you know nothing about them in return. You don't even know where these exchanges are located at all. I saw a Facebook post about Binance not even having a formal country, they're "all over t he place". Sure that sounds cool but...who do you turn to when they demand legal stuff from you? Someone out there has all your financial information but you have nothing, you have no security, no legal protection, nothing and they have everything. So, be careful. This isn't all specific to Bittrex, any exchange can and probably will do the same. Point is crypto is a formal thing and will spell trouble for you in the future. Especially since blockchain analysis is way too primitive still, your addresses could somehow end up in a bad neightborhood. The pandemic kinda reminded me of blockchain transactions, you may end up infected because you have no way to know what others have been doing while you were doing everything right.
[uncensored-r/Bitcoin] USA TRADERS: Binance! Good? Bad? Ugly? Alternatives if UGLY?
The following post by babsamajabsma is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7n2vqf The original post's content was as follows:
Happy holidays everybody! As we head into the new year I have heard a lot about Binance (especially in the past few months), but I'm not sure if it is a good exchange for USA traders or not. I wonder if any United States traders who have been using it for a while could let me know what their experience has been like (good, bad or ugly). I would really appreciate your input since it is hard to find an exchange for United States residents that is high quality and reliable! UGLY?! If Binance is not a good exchange for United States traders, which exchange would you recommend? With thanks for your help and insights! Babs
It seems like recently there are new rules for bitcoin . I noticed Binance for example won’t let you sign up with the app in the USA . Also local bitcoin. Com won’t let anything work in Ohio . Clearly our corrupted political class has been bought off by the bankers just like they have been for anything else that will pay them . How do you sell bitcoins in Ohio / USA ?
The FCA bans on Bitcoin and other crypto assets are too harsh and hypocritical.
I as a British citizen and Im concerned about the recent Bitcoin ban. Reasons why:
You can be scammed out on Forex trading due to high leverage, online con artists and platforms shutting down forex trading altogether.
Plus 500 stopped trading the USA/CNH trading pair after the trade war was declared by trump.
Gambling has no regulations, I can spend as much money as possible on any game or sport and no questions are asked.
A uni student committed suicide last year after being groomed by gambling companies to spend over 20k in one week. No action was taken.
Platforms such as plus 500 offer options that have high spreads, hidden leverage, doesn't track the asset price and can be shut down and can be manupliated by the platform at will.
Plus 500 regulary increase the spread of options such as gold, oil, stocks during trading days and also shut down trading on a daily basis. Plus 500 shut down Natural gas options for 12hrs due to a 6% slump.
The UK is one of the biggest money laundering and predatory finance trading countries in the world.
The requirements to be a pro trader are insane: ( you need 2/3)
you need experience working in finance.
500k trading captail
Or make 12+ large trades in the past year.
Ironically using Binance and Coinbase for trading has been safer for me compared to uk stock/forex trading apps. In summary the reasons above HAPPEN ALL THE TIME AND NOTHING IS BEING DONE TO STOP THESE THINGS FROM HAPPENING. But Bitcoin and cryptocurrencey as a whole are seen as evil even though they have been profitable for the majority of their existence.
Hi All, What exchange are you using to trade your TRX coins? In the past I've used Binance but no longer able to use that. I tried Kraken and KuCoin. I don't see Tron under Kraken and KuCoin is not allowing deposits or withdrawals. I'm located in USA. I just want to trade for Bitcoin and send back to Coinbase. Please help. TYIA
NFT hidden gem with HUGE partners and advisors already signed
A NFT (non-fungible token) blockchain project called VIMWorld (www.VIMWorld.com) will allow for all types of gaming including older Board games and newer AAA games to store game IP in a NFT. The NFT's are called VIMS which are linked into the ecosystem VIMWorld, and the token used is called EHrT (Eight Hours Token) currently available on Bitrue (rumor - new exchange listing is imminent, maybe Binance). Game developers and Partners can quickly utilize the NFT VIM and integrate their IP which is then stored on the blockchain and can be used across games including their already selling product called the PlayTable (www.playtable.com). The team just paid out $250 ad-hoc rewards to their S-Tier node holders, not part of the VIMPool rewards which will be released soon paying out 5% every 2 weeks of all $EHrTs spent in the gaming ecosystem. A VIM can be described as Virtually Integrated Metadata which is the core of the 8Hours (www.8hoursfoundation.org) platform meta system that is built on VeChainThor blockchain and stores metdata such as data and transaction history and functions as a memory capsule, a collectible, a digital wallet (storing $EHrTs, the token) and a tool for game play and human connection. VIMS can also be linked to a physical object in the real world. Partners Advisors to the project include:
Glen Schofield - Prolific name in AAA game industry, 3x Call of Duty, grossing $1B+
Sean Barger - Gaming industry veteran who has published over 55 titles, most notably "Tetris"
Kris Alexander - Chief Strategist at Akami, Built business from $0 to $100M+
Jateen Parekh - First employee worked on the Kindle project. Co-founded Jelli and was acquired by the largest media company, iHeartMedia.
Shen Bo - Founding partner of Fenbushi. He is with Bitcoin and DACs. He first worked with Shanghai Huaji Internet Holding as CEO
Kai Huang - Co-creator of the multi-billion dollar Guitar Hero franchise, and co-founder of RedOctane.
Ray Hatoyama - Ex-Pokemon advisor, Ex-Hello Kitty CEO and director of LINE and Mitsubishi
Michael Katz - with 25 years experience in the video game entertainment sector. Industry experience includes Mattel, Coleco, (Donkey Kong and Pacman), Atari’s video game division, President ofSEGAEntertainmentUSA.
Competitors: enjin coin is more of a market place to buy gaming items whereas 8Hours aims to store your gaming life/history on an NFT which is unique and can contain special colored tokens/companions which add to the value of it and utilized across games on any device where a partner has integrated their IP. From an AMA with CEO John Dempsey of 8Hours Foudation, this stood out for me: "we're under NDA for several major companies with big household name brands. These are companies that everyone is familiar with and we can flood their communities with our EHrTs and VIMs. We can't name any right now, but these titles are under development. We've already worked with huge board game brands like Asmodee for Catan and Ticket to Ride. Our partnership deals are being made to create revenue, which we are feeding back into the ecosystem to create more and more value. Larger IPs are being signed which aren't board games, but a greater firt for EHrTs and the VIM economy in general. We do work with smaller indie firms, too, for the creation of unique content (over a dozen developers have submitted / created games for PlayTable) Circulating Supply - 1,854,037,961 Max Supply - 10,000,000,000 Market Cap - $27,549,886
Binance was launched in 2017, but in summer 2019, they barred US-based users from its global exchange for regulatory grounds.In order to continue serving American customers, Binance.US opened a separate, smaller exchange called Binance.US in fall of 2019. Binance US allows fiat deposits unlike the main Binance platform that has no such feature (we don’t count Binance Jersey as the part of ... “Binance hat immer innerhalb der Grenzen des Gesetzes operiert, und dies wird durch die vielen internationalen Börsen belegt, die wir in Ländern wie den USA, SG, JE, Großbritannien, KR und TR ins Leben gerufen haben.” “Im Gegensatz zu dem Artikel hat Binance immer jeden Standort mit geeigneten Lizenzen und Anwendungen angesprochen.” In this 2020 Binance US review, I will examine what Binance US is, its history, team, the pros and cons of the platform, and more. Binance US is a cryptocurrency exchange launched by Binance, one of the biggest cryptocurrency exchanges on the planet.. Binance US brings the same cutting edge tech and world-class trading services loved by crypto traders worldwide to US customers -- under full US ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance trade volume and market listings ONE Now Staking on Binance.US (10-22) EOS Now Staking on Binance.US (10-22) BEP2 Deposits and Withdrawals for BUSD, USDT and ETH (10-16) PAXG Trading Now on Binance.US (09-25) EGLD Trading Now on Binance.US (09-25) UNI Trading Now on Binance.US (09-24) OXT Trading Now on Binance.US (09-25) MKR and DAI are trading now! (08-25) The Blockchain Association welcomes Binance.US (08-13) BTC / USD. La Favorites BTC Markets USD Markets USDⓈ Markets ALL. Pair. Coin Exchange de criptomonedas de Binance: operamos el mayor intercambio de bitcoins y criptomonedas de altcoins del mundo por volumen Binance has launched a US-based platform and is starting to block US users from using binance.com. If you are a US-based user, you will want to switch from using binance.com to binance.us. You'll also want to keep track of your crypto portfolio and have a record of your transactions for taxes. See below for step-by-step instructions on how to get this all done in 15 minutes. Open Your Binance ... Binance says 13 states will be blocked from its new crypto exchange Binance.US. The exchange, which is set to accept initial registrations on Wednesday, will prohibit customers in the following states as it works to ensure its platform is compliant across the US. Blocked states Alabama Alaska Connecticut Florida Georgia Hawaii Idaho Louisiana New York […]
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