Cross post from TrustToken. QuadrigaCX was one of two successful methods for me to withdraw CAD. Coinsquare works very well and quickly for me without any troubles. There is a fairly wide spread, low liquidity and withdrawal fees, but I'm happy to pay their fees as I believe they have earned them. They also appear to have their own market making bots, but I can see them, and I'm fine with that as well. Kraken never approved my request for a higher tier that would allow fiat withdrawal. I can still deposit, trade and withdraw there without difficulty. I was not successful in sending the required wire transfer to Gemini in order to withdraw USD. A trouble ticket to them returned an unhelpful reply that their web wire transfer instructions were correct. The teller and manager at my branch couldn't decipher Gemini's wire instructions into their TDCanadaTrust computer terminal. After losing $ on 6 centralized exchanges (maybe 7 if Cryptopia doesn't come back), a popular decentralized exchange where customers retain control over their private keys is desperately needed. Binance is currently in testnet for their eagerly awaited decentralized exchange. One of Binance's supported cryptocurrencies is the stablecoin TrueUSD (TUSD), not to be confused with Tether (USDT). I don't trust Tether. I signed up for TrustToken on Wednesday with account approval in under 5 hours. They are found at https://www.trusttoken.com/trueusd/ (never click some's provided hyperlink for financial activities!). There is a minimum redemption of 1000 USD in order to perform a TrueUSD wire transfer. Thursday, I purchased TrueUSD on Binance against Bitcoin. I'm a DASH guy and had to convert to BTC first. The TrueUSD took 5 minutes to leave Binance into my Ledger Nano S. One point of confusion for me was older internet news posts that state the TrueUSD need to be sent to the "smart contract" and the web page states: "...send the smart contract your TrueUSD tokens from a registered Ethereum address." Well, there are 3 potential addresses: the old one that internet posts from 2018 list, the newer replacement address (that is helpfully referred to as a replacement by the Ethereum block explorer) and the unique redemption address that is presented after entering wire transfer details while signed in to the web page. While crypto veterans may have no trouble recognizing that the unique redemption address is the one to use, newbies might send to one or the other of the two wrong potential addresses. When the TrueUSD was sent for redemption using my Ledger Nano S and MyEtherWallet (MEW), with a manual entry of 150 000 into the gas limit, it confirmed in about 30 seconds on the Ethereum block explorer. Initially, my Ledger Nano S was not recognized by MEW. That meant I needed to update the Ledger Nano S firmware. By the time I clicked over to my email, there was already an email from TrustToken acknowledging the redemption request. Less than an hour and a half later, there was another email reporting that my wire was sent. This morning, Friday, my TDCanadaTrust bank account shows receipt of the USD wire into my USD daily interest account, minus a 17.50 USD fee from TDCanadaTrust. I'm not sure what would happen if I had transferred into a Canadian dollar account, but I presume it would have been converted into CAD by TDCanadaTrust. Opening a USD account just for crypto may be a good idea. A big thanks to the whole team at TrustToken. I'm very impressed at how fast and smooth it was. We Canadians now have another viable method of converting crypto to fiat and fiat to crypto.
Binance has 📈gained momentum with $2.8 billion in 24-hour Bitcoin futures volumes, against BitMEX’s $2.1 billion and #Huobi’s $2.46 billion. Concurrently, BitMEX continues to lose in both open interest and volume for #Bitcoin (BTC) futures since the Black Thursday crash in March.
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@cz_binance: Mathematically speaking, #bitcoin, given its limited supply, has unlimited growth potential against fiat. Why? It has less to do with bitcoin, but because fiat has an unlimited supply. (paraphrased from a comment in my tweet a few days ago, can't find it now). https://t.co/aBFi6xP6r9
A group of cryptocurrency users filed a new lawsuit against Binance. Plaintiff; He claims that Binance users are using the exchange to launder Bitcoin and that is Binance’s responsibility. A cryptocurrency exchange in Japan called Zaif was hacked in 2018 and $ 60 million worth of cryptocurrency was stolen from the exchange. The owners of this ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance coin (BNB), the token launched by the world’s largest cryptocurrency exchange Binance, has hit an all-time high against bitcoin.. BNB achieved the new milestone of 0.002287 BTC at 10:45 ... Binance users can use these new fiat additions to purchase and sell digital currencies; on top of the Binance futures against bitcoin addition on the futures platform. Featured image by Worldspectrum from Pexels. Arnold Kirimi . Arnold is a crypto and blockchain enthusiast. A communications expert with interest in hard-hitting journalism, he is always on the hunt for the latest events in the ... Don’t bet against bitcoin, and don’t bet again b… — CZ Binance (@cz_binance) June 24, 2019. The ending part of the tweet is particularly controversial and open-ended. That part of the comment might have been based on his platform’s native cryptocurrency, Binance Coin (BNB). This input was probably to encourage the community to support ... As long as bulls continue defending against a drop below $13,000, then upside could be imminent in the near-term. This Trend on Binance Bodes Well for BTC One trader recently pointed to negative funding on Binance as a positive development for Bitcoin, noting that this indicates investor sentiment is widely bearish despite the recent push higher.
Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish
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