You “downloaded” an exchange? Hopefully that is just the form of words and you actually mean registering with an exchange site otherwise I’d be checking very carefully what you have downloaded/installed.Originally Posted by Iceblue
Similarly with the wallet - unless you mean an app from a managed App Store to your phone?
Apologies if I have misunderstood what you meant.
Exchanges are crooks, they charge fees for doing pretty much nothing, we mine and avoid them, transfer straight to out own hardware wallets. These exchanges can't wait for Joe public to join the party, it's a joke, they need regulation and quickly
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Whole idea of crypto is decentralised finance no middle man
These exchanges are doing exactly that, just replacing the banks and charging stupid fees, send a message ? Get charged , just like banks
Utter crooks
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Do your own due diligence
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Crooks, you say?
https://newmoneyreview.com/index.php...-liquidations/
Someone who lies about the little things will lie about the big things too.
Sorry if I wasn’t good with my words downloaded a crypto app and managed to swap everything over with a slight fee to be fair hardly noticeable and trouble free
What App is this? Is it linked to an offline wallet? If not your coins are at risk.
Buy an offline storage device and transfer there.
Without delay, I suggest
Reasonable advice.
I'd be careful about any free app offering to help you to transfer your coins. Just ask yourself, would you use a third-party app to transfer money from one bank to another?
Someone who lies about the little things will lie about the big things too.
We don't even mine via the exchange's now, straight to our own hardware wallets. Safe, and no fees
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So you think you understand bitcoin? Are you ready to take the Bitcoin Exam?
Haha, but Michael Saylor said it was 56%...
Someone who lies about the little things will lie about the big things too.
Yes, I can't help feeling that the estimate for the percentage of transactions connected with criminal activity might be more than a little vulnerable to a strong challenge as well.
Nah that bit is over stated, most criminal activity is still fiat, the reputation still stands for crypto but the real crooks are this bent tw4ts running exchanges charging fees for doing nothing
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Don’t agree with this. They’re serving the market that wants the service. If they were too expensive they’d be undercut, or if not needed they wouldn’t exist
Only because you are aware, Joe Public won't, they will get charged and not know it. They are serving a purpose yes but their fees are a joke, crypto was supposed to end the middle man making a killing
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Crypto was supposed to democratize finance and make everybody rich, except those that don't buy it early enough and have to stay poor.
LOLZ.
Someone who lies about the little things will lie about the big things too.
Well yeah there is that
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As long as nobody goes to prison, this shit is just going on and on and on...
And bear in mind, this is just one out of many groups doing the same.
Someone who lies about the little things will lie about the big things too.
Eth miners are moving to RVN
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BTC big few weeks, will it drop back or burst the 20w ceiling, 43500 right now
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Anyone still having coins or money on Binance, move them now or risk losing it all. Seriously.
Someone who lies about the little things will lie about the big things too.
It appears that Brian Brooks has already heeded your advice and left the building.
"Binance.US CEO Brian Brooks has resigned a mere four months after joining the U.S. franchise of the world’s largest cryptocurrency exchange Binance.com. In a tweet today he wrote: 'Despite differences over strategic direction, I wish my former colleagues much success. Exciting new things to come!'"
Interesting choice of words in the final sentence.
https://www.forbes.com/sites/stevene...ly-four-months
(Also https://www.ft.com/content/1d6ce29d-...0-881589dec183)
What’s the best exchange or wallet to switch my Binance to?
I only have £2k of BTC and £500 of Doge in the account, and have been thinking of moving it for a while.
Open a Coinbase account and transfer the BTC over? (After exchanging the Doge for BTC)
Or are there better accounts?
I originally went for Binance cause their fees were 0.1% against Counbase’s fee 1.49%. (Or 0.5% on Coinbase Pro)
A friend of mine says his Revolut account fee is 2.49%!!! Ouch.
I suppose there are others with more experience, but I would suggest an exchange that does not have an illegal derivative trading operation attached would be my first criteria. As such, Coinbase is probably one of the better choices (also, they are legal in the US).
Someone who lies about the little things will lie about the big things too.
Binance US is totally independent from Binance and he was 'elected' to resign
Dodgy af set up yes but might mean the edifice won't collapse just yet
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Just go straight to Coinbase Pro, fees a lot cheaper
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The reason I have't moved my BTC off Binance yet is cause it looks so bloody complicated, and tells you, may times, that if you get the etwork address wrong, you'll lose your transfer and won't be able to get it back.
https://www.binance.com/en/support/faq/115003670492
Amazing that 10+ years after Crypto started, it's still highly complicated for the non-tech types to do simple tasks.
I'm also a bit confused with the difference between Coinbase, Coinbase Pro and Coinbase Wallet. Apparently all 3 are separate.
Hahahahahaha.
He was announced as new Binance US in May by global Binance CEO CZ. His replacement will also be announced by CZ.
Someone who lies about the little things will lie about the big things too.
I'd guess the wallet is the same as Ledger Nano ( which I have ) and is a way to store your keys offline, and is frankly a no brainer
Coinbase is a doddle, Pro fees are lower but has more trading options and learning curve is steeper
I'm switching to Pro to spend a few quid every month but mining payouts go straight to the wallets, not paying crooked fees for them to do naff all
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They play these games, shuffling the chairs on the Titanic maybe
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Gensler has other fish to fry he says ( GameStop blah blah )
But he will get there at some point
https://www.coindesk.com/sec-boss-ge...-market-report
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Is the Nano not a physical Hardware wallet, ad the Coinbase Wallet an online (app) based one?
I fear losing a physical wallet, or it just breaking or my daughter spilling a drink on it. Seems highly risky to have thousands of pounds stored on what's basically like a USB drive. No?
Doesn't matter if you lose it, your coin keys are covered by your keywords and you can view at any time online
Example, you lose your dongle, order another and just set up using your keywords .
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Indeed
I did say dodgy af
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One thing we agree about.
Someone who lies about the little things will lie about the big things too.
Binance collapse ( or just part of it ) would be a disaster , i remain hopeful that by getting rid of dodgy products and a slightly dodgy board set up they can recover , whilst Gensler is sorting out his bigger fish
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What am I missing with these pixel NFT image things? Aren’t they just bags for bag holders to waste their crypto on?
https://stockhead.com.au/cryptocurre...s-in-gas-fees/
Accompanied by ridiculously high fees of course...
Is Trust Wallet also deemed to be risky to keep using (since I believe owned by Binance)
I took a jump into Crypto out of boredom and got fed up with all the pratting around and didnt have the patience to learn properly but still have some in Trust Wallet
All done.
Opened a Coinbase account and did a transfer of my BTC and DOGE from Binance. Safe and sound now.
My first transaction on the blockchain. I can see how BTC is not great to use as an actual currency! It took about half an hour and cost me £17 to move £2500 worth of BTC.
The DOGE was slower but cost less.
Store on a hardware wallet. Trezor, Ledger etc. Only keep trading coins online…
And dont be tempted to buy one off eBay/Amazon. Especially if second hand!!!
What's not to like, haha?
Someone who lies about the little things will lie about the big things too.
2nd hand one might come with 10,000 btc on it.
Happy to just use Coinbase Wallet. It’s just as secure (if not moreso) than a hardware wallet. And I can’t have to pay £100+ to buy it.
Nope plenty of story's of people being scammed with Amazon ledgers , only buy direct from them
BTC just hit 44k
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Saw that. I'll buy next time it is below $30k. If it doesn't go below then drinks are on you :)
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It may do, next 6 weeks are big, if it holds around this it may run again
But it may not
But I'm an optimist
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50k by Sept 20th, stone wall guarantee*
*DYOR
I feel the offer of a wager from Raffe incoming shortly:)
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