[elvameyers0Participant December 9, 2023 at 12:34 AM Post count: 0]

#111774 |

<br> 2. I judge the “minimum feerate to get into a block” as the smallest feerate for any transaction after the first 50k beyond the coinbase (this is an artifact of how bitcoin core builds transactions; priority area first). The cases against Coinbase and Binance are very different. The bottom two rows are where redeemed USDT and USDC come from. USDC has access to USD banking, as does sister company Coinbase. The Tysons Corner, Virginia-based company had net income of $22.2 million, or $1.54 a share, compared with a loss of more than $1 billion, or $94 a share, in the year-ago period. Finding the appropriate transaction is always possible, and BNB makes it even easier and more reliable. By making it easy to redeem, USDC make it easier in bad times for its customer funds to see a panic selloff. As you can see in the third line, in December 2020, all of the USDC out there on the blockchains were Fully Backed By Reserves(TM) with actual money in an actual bank account. This speaks well of USDC, but it also makes it more likely for USDC to see a bank run. A complex business model like “someone gives you a dollar and you put it in a bank account” is expensive to run6.<br>
<br> The cynic’s answer is simply that tether can’t handle any significant volume of redemption without collapsing and closely tied players like Binance’s existence is tied to tether, so they do whatever they can not to redeem. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap. Check out What is a Limit Order? If there is a strong downward trend in the market, and you think that the price of the asset will move down, requesting a buy order well just below the support level is beneficial. Second, instead of asking for margin in Bitcoin (a volatile asset), it asked for (stable) USDT margin. Binance holds anywhere between 15B and 20B USDT, presumably this is mostly Binance customers posting USDT collateral for margin trading. That means that Binance holds its users’ wallets’ private keys, essentially holding digital assets on behalf of their users. Here’s what the announcement means for customers. That means trading enthusiasts will still be able to use their crypto to buy other digital currencies – spending their Bitcoin on a bit of Ether, for example. The upside of this approach is maximal efficiency and privacy onchain, but the downside is required interactivity creating the pubkey, interactivity creating the signature, and an inability of the keyholders to use block chain data for auditing to determine which subset of them actually participated in signin<br>/p>
The coin provides users with a number of use cases, such as portfolio balancing, hedging against volatility, pricing in fiat currency, fast international remittances, peer-to-peer (P2P) payments, and payment interoperability across different blockchains. Following my piece on tether (USDT), some people have advanced that a similar stablecoin, USD Coin (USDC) is similarly shady. Binance Coin (BNB) Market cap: Over $88 billion. Where do I get BNB? Other cryptocurrencies such as Cardano, Dogecoin, Shiba Inu, and Litecoin also saw a surge of over 7%. The global cryptocurrency market cap rose by 5% to $1.18 trillion within the last day. While the main players – notably Bitcoin, Ethereum, Bitcoin Cash, Litecoin and dmyourbusiness.com EOS, are of course supported, Binance is also good for much smaller, lower-cap tokens. Best-in-class token development services are offered by the token development firm on a variety of blockchain platforms, including Ethereum, Binance Smart Chain, TRON, etc. The process of developing a future-rich token gets more complicated. Binance’s Trust Wallet is fully integrated with Binance DEX, as well as the Ledger Nano S, with more wallets supported over time. Margin trading is an extremely profitable strategy that works well for beginners, intermediate, as well as advanced <br>e<br>
You may think, for instance, that you’ve discovered a good strategy for timing Bitcoin dips, and want to try profiting from those drops before they occur. The implied USDT peg also wobbled, though this may have happened before (causing liquidity firms to abruptly stop) or after (as a result of price spreads across exchanges). Have we delivered quality service? They actually service these redemptions from a segregated customer fund as far as we know. Tether only allows redemptions from its “customers” – a dozen or so exchanges and large trading firms. Hackers can infect a user’s computer or mobile device with malware that allows them to access the user’s Bitcoin wallet. This allows you to hop over these geofences and access Binance legally. The S.E.C. is accusing Binance of mishandling customer money and funneling billions of dollars to a trading firm owned by the company’s chief executive, Changpeng Zhao. Prosecutors claim that FTX’s chief executive, Sam Bankman-Fried, misused customer funds, moving the money to a trading firm he ran and spending it on political donations and real estate. If this theory is the case, USDC is an accesory to money laundering, which is, uh, an issue. USDC planned to go public in mid-2021 thr<br> a SPAC.