Margin Trading - Poloniex

Poloniex adds XRP/USDC and XRP/USDT margin trading

Poloniex adds XRP/USDC and XRP/USDT margin trading submitted by pete212rt to Ripple [link] [comments]

XRP/USDC and XRP/USDT margin trading pairs added on Poloniex

XRP/USDC and XRP/USDT margin trading pairs added on Poloniex submitted by n4bb to CoinPath [link] [comments]

Why Poloniex doesn't let us margin trade USDT/BTC ?

submitted by notsobusyguyatwork to BitcoinMarkets [link] [comments]

Why Poloniex doesn't let us margin trade USDT/BTC ? /r/BitcoinMarkets

Why Poloniex doesn't let us margin trade USDT/BTC ? /BitcoinMarkets submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Regulated exchange Free2ex is proud to be a partner of Bitfinex – the longest-running crypto exchange. Here's some interesting info about our liquidity provider.

Regulated exchange Free2ex is proud to be a partner of Bitfinex – the longest-running crypto exchange. Here's some interesting info about our liquidity provider.
Bitfinex started working in 2012, when Bitcoin was worth just $10. The headquarters is in Hong Kong. As of August 2020, it's in the top-10 on CoinMarketCap with a trading volume of over $220 million a day.
Bitfinex offers margin trading, OTC exchange, and margin funding. It's also the world's leading crypto derivatives exchange. Bitfinex is a very close partner of the Tether (USDT) project, with which it has common shareholders.
By sourcing liquidity from Bitfinex, Free2ex can offer uninterrupted trading and very low spreads. By the way, we also get liquidity from Kraken and Poloniex.
On Free2ex, you can buy Bitcoin with a credit card and trade it 100% legally.
Visit us on https://www.free2ex.com/
#free2ex #cryptoassets #cryptoexchange #belarus #regulated #blockchain #bitcoin

https://preview.redd.it/0a9o9evzxcj51.jpg?width=1200&format=pjpg&auto=webp&s=60632c965cd99d1a815c750bb9ee8cdb5134208b
submitted by free2ex to u/free2ex [link] [comments]

Good news for all Poloniex Margin Traders

We've added 3 new USDT & 2 TRX margin trading pairs in the Poloniex.
You can now trade:
BCHSV/USDT
BCHABC/USDT
XMUSDT
TRX/BTC
TRX/USDT
on margin alongside 23 other pairs.
submitted by andra258 to OfficialPoloniex [link] [comments]

Problem of Price of BTC on Poloniex

I have noticed that price of BTC on Poloniex is usually (but not always) lower than the price on major BTC exchanges. At first glance this seems great, but when you look deeper just the opposite is true. The problem is that you cannot send in currency to Poloniex so you cannot buy these 'cheap' bitcoins with currency as you can on other exchanges (GDAX, Bitstamp, Kraken etc).
Instead, BTC is itself the currency used to buy other cryptos on Pol. As such, you actually get fewer alt-coins on Pol than you would at an exchange where BTC and alts can be bought with currency. Or to put if differently, your BTC loses 1% or so in purchasing power as soon as it is deposited into Pol. This problem would be solved if Pol accepted cash deposits as everyone would buy their BTC at the cheaper Pol price until the difference is arbitraged away. Additionally, you do reverse this problem if you withdraw BTC from Pol and sell it on another exchange for a better price. However I suspect a lot of traders buy their alt-coins on Pol and withdraw them for safe storage off-line.
I assume that not having to deal with US dollars (especially) spares Pol all sorts of regulatory burdens, but traders should understand you are paying a price for this. Having said this, I use Pol but wanted to point this out to those who may not have given it any thought.
submitted by javelina86 to BitcoinMarkets [link] [comments]

3 Stablecoins Enterprise Executives Need To Know And Why

3 Stablecoins Enterprise Executives Need To Know And Why

img
The digital asset space is undergoing a transformation and is trying to adapt to new and wider interest from large non-financial companies like Facebook, Samsung, Walmart, BMW, Shell and Nestle. Those companies, along with large financial services institutional players like J.P. Morgan, UBS and Fidelity, create enormous demand for tradable assets running on both public and private blockchains. These non-financial companies are usually less risk-averse than are the experienced traditional finance institutions. Thus, to embrace the new technology, they must rely on stable, reliable and scalable instruments like stablecoins. These new assets are ideally suited to service the expanding payments industry, a primary blockchain use case, and digital assets exchanges.
Having price stability when trading and exchanging digital assets is important and effectively creates additional channels for global remittance as well as better price efficiency.
But what are stablecoins in a nutshell? They are digital assets designed to have a stable value and extremely low volatility. Usually, they are backed by fiat currency – in most cases, the US dollar, digital assets or a physical commodity like gold or silver. There are projects that aim to completely remove the need for physical collateral and that rely on algorithms to dynamically adjust supply. The goal is that the price should not drastically fluctuate at any moment in time.
Recently, several interesting stablecoin projects came out, and they are pushing the boundaries of digital assets. For example, the NYC-based exchange Gemini is issuing GUSD but also applying for an ATS (Alternative Trading System) license, which will create a unique opportunity for the GUSD to reach newly tokenized assets and private placements.
Another two projects coming from the corporate world are JPM Coin, run by the powerhouse J.P. Morgan, and Fnality’s Utility Settlement Coin, which is backed by a plethora of banks like UBS, BNY Melon, Barclays and HSBC. Both seem to have the same aims, a similar reach and the same potential customers. It will be interesting to see if they cooperate at some point.
  1. Tether
One of the most important benefits of stablecoins is that, if widely adopted by a large number of crypto exchanges, they create an opportunity for price hedging and risk management that is several times cheaper than hedging versus fiat. Currently, the most used in trading stablecoin is Tether. The USDT is pegged to the US dollar and widely used to create crypto markets on more than 25 of the most popular cryptocurrency exchanges. Founded in 2014 by the founders of the Bitfinex exchange, Tether is now the sixth most liquid crypto asset, with a market cap of $3.9 billion. The asset is available mostly on crypto exchanges that don’t have the New York-based BitLicense and reside mostly outside the US.

img
Recently, Tether was in the news when the New York Attorney General started a case against Bitfinex and its Hong Kong founding company iFinex for using Tether reserves to mask a missing $850 million. Strangely, this high-profile investigation had minimal effect on Tether’s stability. It dropped to $0.85 but recovered to its usual dollar parity of $0.99 – $1.01.
Being vital to the crypto trading ecosystem, Tether aims to be as widely available as possible. It is available on numerous networks like OMNI (Bitcoin), ERC20 (Ethereum) and Tron. To get a sense of how fragile everything is, last week Poloniex wanted to move $50 million between networks. However, instead of printing the needed amount, it issued $5 billion in new tethers, which surprised the whole market. Eventually, it was made clear that this was an issue with the decimals, or what the trading world knows as “fat fingers”.

img
Why it is important: Considered by many to be the main driver behind the bull run of Bitcoin’s price, Tether is vital for the crypto community because it is widely spread and adopted by exchanges. It makes up 75% of the total Bitcoin trading market, so it is also regarded as probably the biggest liability in the industry. Many experienced traders are wondering what would happen to the Bitcoin price and volatility if USDT availability is restricted. The interested parties will watch closely on July 29th, which marks the next appearance in the New York courtroom.
  1. Facebook Libra Coin
The stablecoin that has taken all the attention lately comes from Facebook and is a vital instrument in the Libra Association’s plan for its new global payment infrastructure. Facebook’s grand vision is to establish a global payment network among the 18 million merchants on its platform and among its 2.6 billion users. Interestingly, the first companies invited to the Libra Association formation all seem familiarly related; well, you don’t start something that big with complete strangers, do you? Maybe the overall goal is to replicate the WeChat/Tencent model in the western world but instead of using CNY, Libra plans to use a basket of low-volatility assets (bank deposits and government securities) denominated in multiple currencies like USD, GBP, EUR and JPY.
Last week, its co-creator, David Marcus, was in front of the Senate Banking Committee and the House Financial Services Committee, answering tough questions about regulation, trust and privacy. Generally, the Senate and Congress were supportive of the innovation and technology direction that will position the US as the leader in payments. However, they remain highly skeptical of the governance and execution of the Libra project in relation to handling data privacy. With fresh memories of 2008’s financial crisis, most members of Congress were asking themselves, “What will happen if Libra goes down and we have to bail it out?” Which leads to the question: How do you bail out the finances of 2.6 billion people?
Another concern is the fact that the governing body of the Libra Association is being established in Switzerland. This creates the possibility of regulatory arbitrage between US and Swiss laws. For example, securities lawyers in the US might consider the Libra token to be a security, which might not be the case for their Swiss colleagues. With all the signs of ETF (Exchange Traded Fund) or Money Market funds, this can’t be too far. The Libra stablecoin reserve will grow based primarily on two sources: the investors who will initially buy the Libra Investment Token ($LIT) and any other retail users who would convert any type of fiat to use the payment network.
In comparison to another stablecoin issued by a large corporation (J.P. Morgan’s coin), the Libra carries a different sentiment. When J.P. Morgan announced its JPMC, nobody reacted too harshly. Of course, J.P. Morgan doesn’t have the same privacy issues that Facebook does and is generally known to do well in exactly this: banking services with currencies.
An interesting use for the Libra network, once live, will be to serve as the Layer 2 network to permissionless protocols like Bitcoin and Ethereum. This way, the open and trustless networks can communicate/exchange value and assets with the Libra permissioned stablecoin.
Why it is important: Libra is moving waters in DC. This last week, the President tweeted, US Treasury Department Secretary Steven Mnuchin held a press conference and two days were spent in Washington with the Senate and Congress. One thing is clear: cryptocurrencies, Bitcoin and blockchain received prime-time attention. In terms of what comes out of Libra, only time will tell. The sentiment is that it will be heavily regulated, maybe closer to being a bank. Thus, the Libra token will look like CBDC (Central Bank Digital Currency).
  1. Dai
Building on the Ethereum protocol, the team at MakerDao created Dai to be a stable and decentralized currency fueling the new wave of DeFi (Decentralized Finance) applications. It uses an instrument known as Collateralized Debt Position (CDP), which allows you to lock your Ether assets into their smart contract and receive a loan denominated in Dai from the MakerDao system. In essence, the Dai is pegged to the US dollar but backed by Ether. Having Dai on the Ethereum protocols enables many financial services applications which otherwise wouldn’t exist due to the cryptocurrencies’ high volatility. Having Dai issuance and usage completely open is key to trustless financial services.
Currently, many discussions are taking place about the protocol stability fee. This is the interest rate, currently at 20.5%, that all users must pay back to the system when closing their CDP positions. One might argue that this is too high and the current CDPs are overcollateralized. It seems like this is true. The current collaterization ratio is around 390%. For $81 million in debt, there is $320 million in collateral.

img
The Dai is an important instrument in the DeFi ecosystem built on Ethereum. Currently, it is being used on protocols like dYdX, enabling decentralized margin trading; 0x Protocol, the open-source marketplace for crypto tokens; Uniswap, the exchange for swapping ERC20 tokens; Dharma, the open protocol for building apps that allow for the borrowing and lending of digital assets; and many more.
There are three main issues of which Dai users must be aware:
Why it is important: Nevertheless, piece by piece, the Open Finance infrastructure, with stablecoins at its core, is being built and is “eating up financial services” as we know them. Slowly but surely, all the existing financial tools will have their own open sources and trustless tokenized equivalents.
A growing concern about stablecoins is how they could be classified by agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). For example, Basis’s stablecoin, despite raising $133 million, couldn’t escape the SEC classification as a security and had to shut down. Depending on how one reads the current regulation, one could classify the stablecoins as "swaps" under the CFTC regulation or as "demand notes" under the SEC. If you talk to experienced securities lawyers, the answer is always “it depends”.
Still, similar to other markets in which we saw interesting and innovative financial instruments, not all stablecoin projects will survive. The winner will be the one with the most user adoption, highest volumes, largest liquidity and lowest volatility. Last but not least, it should operate within an approved regulatory framework which will guarantee exchange listings and wider organic exposure.
It will be interesting to see if Facebook’s Libra receives regulatory approval, as this might pave the way for the long-awaited Bitcoin ETF.

img
submitted by evseevam971 to u/evseevam971 [link] [comments]

BitMax.io to Enable Margin Trading Supporting LINK(5X)

Dear BitMax.io Users,
BitMax.io will enable margin trading for LINK (5X) under the following trading pairs at 10:00 a.m. EDT, July 18th, 2019.
LINK/USDT, LINK/BTC, LINK/ETH

Daily Interest Rate of Margin Trading
📷

Please note that going forward daily interest rates for margin trading are subject to change without notice. They will be adjusted based on the market conditions. Therefore, before trading, please check the Fee page for updated interest rate.
The reference price is computed by taking an average last trade price from the following five exchanges (upon availability at the time of computation)- BitMax.io, Binance, Huobi, OKEx and Poloniex , and removing the highest and lowest price.

Thanks for the continued support!
BitMax.io Team
July 17th, 2019
BitMax Official Group: https://t.me/BitMaxioEnglishOfficial
submitted by o2ziga to BitMax [link] [comments]

BitMax.io (BTMX.com) Weekly Update (June 29 - July 05, 2019)

Platform Update
•7/4 - Enabled Deposit & Withdrawal of USDT ERC20
•7/4 - Implemented new device authorization process to enhance user account security
•7/5 - Completed web optimization for btmx.com site
•Rolled out volatility products on APP
•Updates on APP (Android + iOS) Version 1.3.8
-Updated asset display value to be BTC on ‘Balance’ page for USD as Quoting Currency on Me page
-Rolled out volatility product with access from homepage
-Enabled filter function for order history
-Enabled automatic login upon registration
-Implemented new device authorization requirement
-Supported deposit & withdrawal of USDT-ERC20
-Fixed other reported bugs
•Updates on WEB
-Displayed “Daily Interest Rate” on margin trading page
-Enabled unlock-all with one click function for BTMX unlock
New Listing & Activity
•7/3 - Listed COTI(COTI) under the trading pairs of COTI/USDT and COTI/BTC, and launched 85,000 COTI Airdrop to BTMX holders
•7/1 - listed Chromia(CHR) under the trading pairs of CHUSDT, CHBTC,CHETH, and launched CHR Net-Buy contest with 780,000 CHR as total reward
•7/3 - Launched quiz for BitMax.io users to predict closing price of CHUSDT at 12:00 p.m. EDT, July 4th, 2019. 10 users have been selected to each receive 100 CHR as reward.
Upcoming Events
•7/3 - To use reference pricing for selected trading pairs as the stop price for stop orders. The reference price is computed by taking an average last trade price from the following five exchanges (upon availability at the time of computation)- BitMax.io, Binance, Huobi, OKEx and Poloniex, and removing the highest and lowest price. This update is effective for both regular and margin trading
(For more details: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360025973814-Use-of-Reference-Price-as-Stop-Price-for-Stop-Order )
•7/11 - After 5:00 a.m. EDT, login attempts from new devices will require user authorization through email verification before log-in
•7/18 - DeepCloud AI will launch token public sale for BitMax.io users at 8:00 a.m. EDT
•To enable Volatility Card trading
•To launch Volatility Card voucher to reward users for sharing and referral
For more information, follow BitMax.io on:
Official Website: BTMX.com (https://btmx.com)
Official WeChat Customer Service Username: bitmax-02
Official Telegram Group: https://t.me/BitMaxioEnglishOfficial
Official Weibo: BitMax Weibo (https://www.weibo.com/6608296213)
Official Twitter: BitMax Official (https://twitter.com/BitMax_Official)
Thank you for the continued support.
BitMax.io Team
July 5, 2019
submitted by BitMax_Support to BitMax [link] [comments]

Daily analysis of cryptocurrencies 20191102 (Market index 50 — Neutral state)

Daily analysis of cryptocurrencies 20191102 (Market index 50 — Neutral state)

https://preview.redd.it/skq8bar2r6w31.png?width=1920&format=png&auto=webp&s=7c2fae20cd1d9d670104ddb87c6cc80c5bbb345f

Crypto Custody Firm Xapo Initiated 5 Whale Transfers On Nov 1 Citing data from the Bejijing-based blockchain security company Chainsguard, the Bitcoin network witnessed multiple whale transfers on Nov 1. At 21:10:38 UTC on Nov 1, Xapo, a Bitcoin custody service provider, has conducted five whale transfers with the largest amount within one transfer marking up to 20,000 BTC. The total number of moved BTC in these transfers records 65822.01. Many of these BTC originated from the transfers of 4,999 to 10,000 BTC collected by Xapo on the Bitcoin chain at 19:19:49 and 19:32:12 on the same day. One of the main BTC sources initiated by the address starting with 37whD5 was crypto exchange Bitstamp. Previously, the above-mentioned exchange announced that its custodian would change to BitGo. Otherwise, Bitstamp had a great transfer with more than 110,000 BTC involved on October 15. At 20:53:20 on Nov 1, the wallet address beginning with 3AdpZc initiated a transfer of 5000 BTC to the exchange Poloniex. After analysis, the source can be traced back to the coins accumulated by Poloniex in March 2016. Generally speaking, the whale transfer carried out by institutions comes from the needs of business or customers. Sometimes, it is only the planned wallet management.
Utah To Facilitate Voting For Disabled Individuals Through Blockchains Recent reports indicate that blockchain technology will soon be used in Utah, as part of a trial project meant to allow disabled individuals to cast their votes. To put things into perspective, the local council and government of Utah have decided to allow blockchain-based voting via smartphones in the upcoming municipal election that will take place in November. The platform that disabled voters will be using for this election represents the result of a fruitful partnership between the Utah Country Elections Division, the National Cybersecurity Centre, Tusk Philanthropies and Voatz, a local voting app development company.
Ethereum To Increase The Blocksize By 8x Ethereum is partially addressing the many complexities of sharding by simply increasing the blocksize from the equivalent of about 1MB every ten minutes to circa 8MB. Danny Ryan, the Ethereum 2.0 coordinator, publicly said: “We are making the blocks bigger based on recent research on safe block size and propagation times, so the data availability of the system is still > 1MB/s so you can still get similar scalability gains when doing things like ZKrollup and OVM.” ZK rollups are a hybrid scaling method that combines on-chain security and second layer networks through smart contracts and zero knowledge methods. OVM is the Optimistic Virtual Machine from Plasma, with both being more sort of on top of Ethereum’s public blockchain.

During the first quarter of the year, Bitcoin was trapped inside a tight trading range, where major players began buying the fear of retail crypto investors and accumulating the asset at the lowest possible prices.
Starting in the second quarter, the first-ever crypto asset rocketed up from that trading range, and went on a parabolic rally that didn’t stop until Bitcoin met former bear market resistance at $14,000 where it was rejected.
After three consecutive red monthly candles in a row, October closed green and kept a potential bull flag formation on monthly price charts intact, giving bulls hope that the crypto asset’s 2019 rally isn’t totally finished.
Review previous articles: https://medium.com/@to.liuwen

Encrypted project calendar(November 2, 2019)

Kambria (KAT): 02 November 2019 VietAI Summit 2019 Kambria joins forces with VietAI for the annual VietAI Summit, with top experts from Google Brain, NVIDIA, Kambria, VietAI, and more! ABBC Coin (ABBC): 02 November 2019 One-on-one Servicer “Users will be provided with a new one-on-one service platform on Saturday.”

Encrypted project calendar(November 3, 2019)

Waltonchain (WTC): 03 November 2019 Premining Application End “Application for SMN & GMN $WTA pre-mining ends at 17:00 on Nov. 3 (UTC+8).”

Encrypted project calendar(November 4, 2019)

Stellar (XLM): 04 November 2019 Stellar Meridian Conf. Stellar Meridian conference from Nov 4–5 in Mexico City. Cappasity (CAPP): 04 November 2019 Lisbon Web Summit Lisbon Web Summit in Lisbon, Portugal from November 4–7. Aion (AION): 04 November 2019 CASCON x EVOKE 2019 CASCON x EVOKE 2019 from Nov 4–6 in Toronto. ThoreNext (THX): 04 November 2019 Migration/Swap Begins “4 Nov 2019 Migration/Swap/Issuance start Check Your email 1st Nov To facilitate a streamlined Process, we will use proprietary software…” Ocean Protocol (OCEAN): 04 November 2019 Blckchn for Science Party “Join us on Monday for bottles and (data) models at the official Blockchain for Science afterparty at @betahaus Factom (FCT): 04 November 2019 Grant Deadline “Have an idea you’ve been itching to build using #FactomProtocol? Apply for a grant (the deadline is November 4th):” Winding Tree (LIF): 04 November 2019 HackTravel London HackTravel London from November 4–6 in London.

Encrypted project calendar(November 5, 2019)

Nexus (NXS): 05 November 2019 Tritium Official Release “Remember, Remember the 5th of November, the day Tritium changed Distributed Ledger. Yes, this is an official release date.” NEM (XEM): 05 November 2019 Innovation Forum — Kyiv NEM Foundation Council Member Anton Bosenko will be speaking in the upcoming International Innovation Forum in Kyiv on November 5, 2019. TomoChain (TOMO): 05 November 2019 TomoX Testnet “Mark your calendar as TomoX testnet will be live on Tuesday, Nov 5th!” aelf (ELF): 05 November 2019 Bug Bounty Program Ends On Oct 24th, 2019 aelf’s biggest bug bounty will launch with a large reward pool. The event will run for almost 2 weeks. ICON (ICX): 05 November 2019 Seoul Meetup “We are pleased to announce that the ICON x Steem DApp SEOUL MEETUP will be held in the ICON Lounge on November 5th.” Utrust (UTK): 05 November 2019 Lisbon Meetup “We’re hosting a meetup for anyone interested in blockchain & crypto adoption! Industry leaders like Cointelegraph, BetProtocol & others…” Siacoin (SC): 05 November 2019 Zurich Meetup “Join us Tuesday, Nov 5th in Zurich for a Sia meetup with CEO David, and devs Chris and PJ at @impacthubzurich.” OKB (OKB): 05 November 2019 Simulation USDT Futures “NEW LAUNCH: The much-awaited $USDT-Margined Futures Trading will soon be available on #OKEx… Simulation launching Nov 5”

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th. KIM/Kimcoin: Kimcoin (KIM) Bitfinex will be online at KIM on November 6, 2019 at 12:00 (UTC). Nebulas (NAS): 06 November 2019 Burn Deadline “Be sure to read this announcement & burn your $NAT by November 6th, 3:00p.m. (UTC+8, Beijing time).” Power Ledger (POWR): 06 November 2019 Book Launch ATTN Perth Power Ledger community, we will be hosting renowned economist Ross Garnaut at our WA office for the launch of his latest book…

Encrypted project calendar(November 7, 2019)

XRP (XRP): 07 November 2019 Swell 2019 Ripple hosts Swell from November 7th — 8th in Singapore. BTC/Bitcoin: Malta The A.I. and Blockchain summit will be held in Malta from November 7th to 8th. Waves (WAVES): 07 November 2019 Joins Odyssey “#Waves is joining Odyssey… We’re kicking off on Nov. 7 at Polaris…” Komodo (KMD) and 1 other: 07 November 2019 Block Party Amsterdam Block Party Amsterdam in Amsterdam from 17:30–22:00. Horizen (ZEN): 07 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th. IOTX/IoTeX: IoTex (IOTX) will participate in the CES Expo on November 08 TOP (TOP): 08 November 2019 Mainnet Launch “So excited to announce that on November 8th, TOP Network will officially launch the mainnet…” OKB (OKB): 08 November 2019 OKEx Talks — Valencia “Meet us at our next OKEx Talks in Valencia on 8 Nov with speaker Gustavo Segovia @sepu85 who will look at the benefits of creating

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland. HTMLCOIN (HTML): 09 November 2019 (or earlier) Mandatory Wallet Update Mandatory Wallet Update: there will be a soft fork on our blockchain. This update adds header signature verification on block 997,655.

Encrypted project calendar(November 11, 2019)

PAX/Paxos Standard: Paxos Standard (PAX) 2019 Singapore Financial Technology Festival will be held from November 11th to 15th, and Paxos Standard will attend the conference. Crypto.com Coin (CRO): and 3 others 11 November 2019 Capital Warm-up Party Capital Warm-up Party in Singapore. GoldCoin (GLC): 11 November 2019 Reverse Bitcoin Hardfork The GoldCoin (GLC) Team will be “Reverse Hard Forking” the Bitcoin (BTC) Blockchain…” Horizen (ZEN): 11 November 2019 (or earlier) Horizen Giveaway — Nodes Horizen Giveaway — Win Free Node Hosting! Entries before November 11th.

Encrypted project calendar(November 12, 2019)

BTC/Bitcoin: The CoinMarketCap Global Conference will be held at the Victoria Theatre in Singapore from November 12th to 13th Binance Coin (BNB) and 7 others: 12 November 2019 CMC Global Conference “The first-ever CoinMarketCap large-scale event: A one-of-a-kind blockchain / crypto experience like you’ve never experienced before.” Aion (AION) and 17 others: 12 November 2019 The Capital The Capital conference from November 12–13 in Singapore. Loom Network (LOOM): 12 November 2019 Transfer Gateway Update “If you have a dapp that relies on the Transfer Gateway, follow the instructions below to make sure you’re prepared.”

Encrypted project calendar(November 13, 2019)

Fetch.ai (FET): 13 November 2019 Cambridge Meetup “Join us for a @Fetch_ai #Cambridge #meetup on 13 November @pantonarms1.” Binance Coin (BNB) and 5 others: 13 November 2019 Blockchain Expo N.A. “It will bring together key industries from across the globe for two days of top-level content and discussion across 5 co-located events…” OKB (OKB): 13 November 2019 Dnipro, Ukraine- Talks Join us in Dnipro as we journey through Ukraine for our OKEx Cryptour on 11 Nov. Centrality (CENNZ): 13 November 2019 AMA Meetup “Ask our CEO @aaronmcdnz anything in person! Join the AMA meetup on 13 November in Singapore.” OKB (OKB): 13 November 2019 OKEx Cryptotour Dnipro “OKEx Cryptour Ukraine 2019 — Dnipro” in Dnipro from 6–9 PM (EET).

Encrypted project calendar(November 14, 2019)

BTC/Bitcoin: The 2019 BlockShow Asia Summit will be held at Marina Bay Sands, Singapore from November 14th to 15th. Binance Coin (BNB): and 4 others 14 November 2019 BlockShow Asia 2019 BlockShow Asia 2019 at Marina Bay Sands Expo, Singapore from November 14–15. Basic Attention Token (BAT): 14 November 2019 London Privacy Meetup “If you’re in London on Nov. 14th, don’t miss our privacy meetup! The Brave research team, our CPO @johnnyryan, as well as @UoE_EFI Horizen (ZEN): 14 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. IOTA (MIOTA): 14 November 2019 Berlin Meetup From Construction to Smart City: IOTA, Maschinenraum & Thinkt Digital will explain, using concrete use cases, how to gain real value from.. Dash (DASH): 14 November 2019 Q3 Summary Call “Dash Core Group Q3 2019 Summary Call — Thursday, 14 November 2019” NEO (NEO): 14 November 2019 NeoFest Singapore Meetup “Glad to have @Nicholas_Merten from DataDash as our host for #NeoFest Singapore meetup on 14th Nov!”

Encrypted project calendar(November 15, 2019)

TRON (TRX): 15 November 2019 Cross-chain Project “The #TRON cross-chain project will be available on Nov. 15th” Bluzelle (BLZ): 15 November 2019 (or earlier) CURIE Release CURIE release expected by early November 2019. Zebi (ZCO): 15 November 2019 ZEBI Token Swap Ends “… We will give 90 days to all the ERC 20 token holders to swap out their tokens into Zebi coins.” OKB (OKB): 15 November 2019 OKEx Talks — Vilnius “Join us for a meetup on 15 Nov (Fri) for our 1st ever Talks in Vilnius, Lithuania.”

Encrypted project calendar(November 16, 2019)

Bancor (BNT): and 2 others 16 November 2019 Crypto DeFiance-Singapore “Crypto DeFiance is a new global DeFi event embracing established innovators, financial market disruptors, DApp developers…” NEM (XEM): 16 November 2019 Developer’s Event “BLOCKCHAIN: Creation of Multifirma services” from 10:50 AM — 2 PM.

Encrypted project calendar(November 17, 2019)

OKB (OKB): 17 November 2019 OKEx Talks — Lagos Join us on 17 Nov for another OKEx Talks, discussing the “Life of a Crypto Trader”.

Encrypted project calendar(November 18, 2019)

Maker (MKR): 18 November 2019 MCD Launch “BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai.”

Encrypted project calendar(November 19, 2019)

Lisk (LSK): 19 November 2019 Lisk.js “We are excited to announce liskjs2019 will take place on November 19th. This all day blockchain event will include…”

Encrypted project calendar(November 20, 2019)

OKB (OKB): 20 November 2019 OKEx Cryptour Odessa Ukr “Join us in Odessa as we journey through Ukraine for our OKEx Cryptour!”

Encrypted project calendar(November 21, 2019)

Cardano (ADA): and 2 others 21 November 2019 Meetup Netherlands (AMS) “This meetup is all about how to decentralize a blockchain, the problems and differences between Proof-of-Work and Proof-of-Stake…” Cappasity (CAPP): 21 November 2019 Virtuality Paris 2019 “Cappasity to demonstrate its solution for the interactive shopping experience at Virtuality Paris 2019.” Horizen (ZEN): 21 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. OKB (OKB): 21 November 2019 OKEx Talks — Johannesburg “Join us the largest city of South Africa — Johannesburg where we will host our OKEx Talks on the 21st Nov.” IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key tech. OKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “

Encrypted project calendar(November 22, 2019)

IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key tech OKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “

Telegram: https://t.me/Lay126
Twitter:https://twitter.com/mianhuai8
Facebook:https://www.facebook.com/profile.php?id=100022246432745
Reddi:https://www.reddit.com/useliuidaxmn
LinkedIn:https://www.linkedin.com/in/liu-wei-294a12176/
submitted by liuidaxmn to u/liuidaxmn [link] [comments]

Cryptocurrency and Blockchain – Industry News – (07.05.19 – 07.12.19)

Total Market Cap, as of 07.12.19 at 12:00pm (PST): U.S. $320,641,857,854 (+ 0.47%)

Missed last week’s update? Click here

STORY OF THE WEEK

• Japanese cryptocurrency exchange Bitpoint has suspended services due to a 3.5 billion-yen (U.S. $32 million) hack on its hot wallets. Of the 3.5 billion yen, 2.5 billion were customer funds.

CRYPTOCURRENCY TRADING SERVICES

KuCoin launches KuMEX, a platform offering bitcoin derivatives (perpetual contracts) with leverage up to 20x.
Shapeshift launches custodial platform to allow users to trade crypto whilst having full custody of his/her own private keys.
• On July 8th, 2019, Polish crypto exchange BitMarket abruptly shuts down citing liquidity issues.
Binance lowers ethereum and erc-20 block confirmations down from 30 to 12 for deposits and withdrawals to and from the platform. Bitcoin transactions are down from 2 to 1.
Poloniex launches fiat-to-crypto trading and credit card purchases for crypto.
Binance launches margin trading for Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, Tether (USDT), and Tron (TRX). The platform will initially support up to 3x leverage, with the intention to eventually offer up to 20x leverage.

REGULATION

India’s Ministry of Home Affairs to offer specialized trading sessions dubbed “Investigation of Cases Involving Cryptocurrencies” to help law enforcement combat cryptocurrency related scams.
The Inland Revenue Authority of Singapore (IRAS) proposes a Goods and Sales Tax (GST) exemption scheduled to go into effect on January 1st, 2020 for cryptocurrencies that are designed as a medium of exchange.
Blockstack becomes the first to receive approval from the U.S. Securities and Exchange Commission (SEC) to move forward with its token offering under a Reg A+ listing.
• Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act of Canada require Canadian and foreign platforms dealing with cryptocurrency to implement full-scale compliance procedures and to report all deposits and withdrawals that are CA $10,000 or more.

TECHNOLOGY

Samsung releases an ethereum software development kit (SDK) for android developers. The kit provides tools to make it easier to build decentralized applications and the ability to leverage a payment gateway for cryptocurrency remittances.

INSTITUTIONALIZATION

• No significant developments this week pertaining to institutional players in the space

PEOPLE

Fidelity Digital Assets updates its hiring board to onboard 10 blockchain based job positions. Specifically, the firm is looking for a vice president, director, leading software engineer, blockchain software engineer, product designer and various other roles.
Bitstamp hires ex. Gemini compliance executive Caitlin Barnett to serve as its new U.S. Chief Compliance Officer.

TWITTER

@realDonaldTrump– “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....”
@jespow – “If you study crypto, you will find much to agree with. Crypto is about personal responsibility and choice. It is about free markets and competition. It is about mathematical, verifiable, perfectly enforceable regulation. Crypto is to commerce what Twitter is to speech: democracy.”
@APompliano – “It’s a store of value” — Jerome Powell, Chairman of the Federal Reserve talking to the Senate Banking Committee about Bitcoin THE VIRUS IS SPREADING 🔥”
submitted by Edmund_N to CryptoCurrency [link] [comments]

Cryptocurrency and Blockchain – Industry News – (07.05.19 – 07.12.19)

Total Market Cap, as of 07.12.19 at 12:00pm (PST): U.S. $320,641,857,854 (+ 0.47%)

Missed last week’s update? Click here

STORY OF THE WEEK

• Japanese cryptocurrency exchange Bitpoint has suspended services due to a 3.5 billion-yen (U.S. $32 million) hack on its hot wallets. Of the 3.5 billion yen, 2.5 billion were customer funds.

CRYPTOCURRENCY TRADING SERVICES

KuCoin launches KuMEX, a platform offering bitcoin derivatives (perpetual contracts) with leverage up to 20x.
Shapeshift launches custodial platform to allow users to trade crypto whilst having full custody of his/her own private keys.
• On July 8th, 2019, Polish crypto exchange BitMarket abruptly shuts down citing liquidity issues.
Binance lowers ethereum and erc-20 block confirmations down from 30 to 12 for deposits and withdrawals to and from the platform. Bitcoin transactions are down from 2 to 1.
Poloniex launches fiat-to-crypto trading and credit card purchases for crypto.
Binance launches margin trading for Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, Tether (USDT), and Tron (TRX). The platform will initially support up to 3x leverage, with the intention to eventually offer up to 20x leverage.

REGULATION

India’s Ministry of Home Affairs to offer specialized trading sessions dubbed “Investigation of Cases Involving Cryptocurrencies” to help law enforcement combat cryptocurrency related scams.
The Inland Revenue Authority of Singapore (IRAS) proposes a Goods and Sales Tax (GST) exemption scheduled to go into effect on January 1st, 2020 for cryptocurrencies that are designed as a medium of exchange.
Blockstack becomes the first to receive approval from the U.S. Securities and Exchange Commission (SEC) to move forward with its token offering under a Reg A+ listing.
• Amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act of Canada require Canadian and foreign platforms dealing with cryptocurrency to implement full-scale compliance procedures and to report all deposits and withdrawals that are CA $10,000 or more.

TECHNOLOGY

Samsung releases an ethereum software development kit (SDK) for android developers. The kit provides tools to make it easier to build decentralized applications and the ability to leverage a payment gateway for cryptocurrency remittances.

INSTITUTIONALIZATION

• No significant developments this week pertaining to institutional players in the space

PEOPLE

Fidelity Digital Assets updates its hiring board to onboard 10 blockchain based job positions. Specifically, the firm is looking for a vice president, director, leading software engineer, blockchain software engineer, product designer and various other roles.
Bitstamp hires ex. Gemini compliance executive Caitlin Barnett to serve as its new U.S. Chief Compliance Officer.

TWITTER

@realDonaldTrump– “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....”
@jespow – “If you study crypto, you will find much to agree with. Crypto is about personal responsibility and choice. It is about free markets and competition. It is about mathematical, verifiable, perfectly enforceable regulation. Crypto is to commerce what Twitter is to speech: democracy.”
@APompliano – “It’s a store of value” — Jerome Powell, Chairman of the Federal Reserve talking to the Senate Banking Committee about Bitcoin THE VIRUS IS SPREADING
submitted by Edmund_N to CryptoMarkets [link] [comments]

Why Bitfinex went from a Premium in its Crypto/USD pairs to now a significant Discount

For the Medium link just go here: https://medium.com/@Austerity_Sucks/why-bitfinex-went-from-a-premium-in-its-crypto-usd-pairs-to-now-a-significant-discount-e7be193d7cb0
Background
Bitfinex is currently trading at over $150 discount to GDAX:
https://cdn-images-1.medium.com/max/800/1*CN1zwuIP2eL3tUkgM8mesw.png (Chart showing Bitfinex price trading well below other BTC/USD exchanges)
More curiously, just last month they were trading at a 10% premium to other exchanges. So why the drastic change over the course of a month?
In the revelations last month of Bitfinex having trouble with its banking partners in Taiwan, many customers were concerned about being able to get fiat off the exchange. Basically, USD gateways to Bitfinex were closed off except for three ways:
  1. Taiwanese domestic transfers were still flowing to and from Bitfinex’s TW accounts.
  2. USD Tether was still flowing because Tether also has Taiwanese banks, so USD flow between Tether and Bitfinex have been uninterrupted, and Bitfinex has been honouring the conversion 1:1 for customers.
  3. Attorney escrow arrangements for one-time withdrawals (this was introduced this month, in May)
Initially, this led market participants to bid up the Crypto/USD pairs (ETH/USD, BTC/USD, etc) in order to be able to withdraw funds from Bitfinex. People scared about solvency risk or who merely preferred to have access to the funds now rather than later, were willing to overpay for crypto on Bitfinex relative to other exchanges, just to get out:
https://cdn-images-1.medium.com/max/960/1*RuhcnDYNRrIyQUXmE7lOFQ.png
It also led to some interesting price action on the USDT/USD pair which trades at Kraken:
https://cdn-images-1.medium.com/max/640/1*JFiWjEaIPmZ6Jl5-Oa01Hg.png
If you had a USD balance on Bitfinex, you can convert that into USDT (if you’re verified) and withdraw that USDT token out to Poloniex or Kraken and trade however you want. Because so many people were already buying crypto into 8–10% premiums, people chose to sell USDT at a discount for dollars instead, as their preferred way of getting out of Bitfinex USD / USDT. Additionally, Tether holders who were concerned about the integrity of the dollar backing of the USDT tokens were willing to sell USDT for under $1, as low as $0.89, in order to access dollars faster. Broadly, this is a reflection of two things:
(1) Liquidity premium where the trader values having the USD now versus waiting for banking issues to resolve and getting it later (simple time value of money).
(2) A risk premium on whether Tether funds get seized or other complications arise where the dollars aren’t backing USDT properly
Bitfinex: From Premium to Discount
For weeks these dynamics outlined above led to crypto pairs on Bitfinex trading at a premium and USDT trading below the dollar. However, after the recent attorney escrow arrangements were announced to start rolling out, the premium in Bitfinex has really dropped. In fact, it dipped into a discount this week:
https://cdn-images-1.medium.com/max/640/1*GTo1SZAowaVUj4BI1hDAvA.png
Finex BTC/USD price dropping into discount versus other exchanges This is a reflection of:
1) All the panic-buying demand had exhausted itself in the first weeks, so much of the jittery USD money had already gone. Also, crypto prices in general have gone up, leading to a lower Crypto Value : USD ratio in Bitfinex as new USD struggles to enter through domestic TW banks.
2) The rest of the “I want my fiat out of Bitfinex _now_” crowd, has now exited through the attorney escrow arrangement, taking USD out of Bitfinex’s ecosystem.
3) The dearth of USD on the exchange from 1) and 2) has resulted in:
a. Less USD buying power and thus reduced demand for the Crypto/USD pairs on Bitfinex, and thus a discount on Bitfinex crypto pairs versus other exchanges.
b. A boost in USD lending rates for margin traders, since less USD on the exchange means more people have to borrow to trade.
The above factors (a) and (b) incentive people to sell BTC, ETH, LTC, XMR on Bitfinex in order to get USD on the exchange to earn USD rates and to take advantage of deeper discounts in crypto pairs themselves.
4). Additionally, with the depressed Crypto prices on Bitfinex, it even incentivizes people to overpay for USDT on Kraken in order to access USD for buying the discounts and arbitraging from Bitfinex.
Bitfinex right now is trading at 9% below GDAX, for example. And there are no frictions to withdrawing crypto from Bitfinex. So it is economical to overpay for USDT on Kraken even 5%, so that you can get USDT into Bitfinex for a USD balance 1:1, and then buy 9% discount, send it to GDAX and pocket 4% difference.
Also, don’t underestimate 3(b) above. The USD lending rates right now are 0.4–0.5% per day. This is over 100% APY, a rate considered usurious in a number of jurisdictions!
https://cdn-images-1.medium.com/max/640/1*ioAWUjvqkXYm2AlfnFvIuA.png
Traders then are balancing the discounted crypto pairs on Bitfinex and this USD rate they can lend out at. Because if you have no TW domestic account or special arrangements with Bitfinex to get USD deposited, you can only send USDT or crypto to access USD on the exchange. Some are hungry enough for that USD swap yield that they are willing to send crypto to Bitfinex and sell well below market just to access USD balance to earn these high margin funding rates.
One final point is that Bitfinex has anonymous, unverified accounts. Which means you can make a totally undocumented account, send as much BTC or ETH as you want to it, and sell into USD. They don’t require a burdensome KYC/AML process like Gemini, BitStamp, GDAX, etc. This ease of depositing crypto and selling (for privacy-conscious people who want to hedge downside risk) makes for even more selling pressure relative to other BTC/USD exchanges.
Conclusion
All of the imbalances discussed above have been a result of USD frictions into Bitfinex. It has been a chain reaction resulting from the initial freeze to the various gradual withdrawal options.
Since Bitfinex’s banking problems, there has been a rollercoaster of a market reaction, starting with Bitfinex crypto pairs trading at a premium reflecting liquidity preferences of those who could not pull USD out. The attorney-escrow arrangement and USDT withdrawals has also led to USD exiting the Bitfinex ecosystem, causing a shortage of USD.
This USD shortage has led to reduced demand for crypto on Bitfinex, and USD holders are splitting their efforts between lending USD for margin traders to buy crypto, or buying the crypto themselves to send to other exchanges for arbitrage opportunity. Finally, the higher USD rates incentivize traders of particular risk appetite to sell crypto at a discount in order to earn 0.4–0.5% on US dollars per day (while avoiding crypto exposure). This increases discount pressure on crypto pairs.
For anyone who is able to get fiat onto Bitfinex, ideally through TW domestic bank account (so it’s 1:1 USD) has a number of arbitrage opportunities to take advantage of.
These deep discounts are unlikely to last longer than the next week, as Bitfinex is testing new onramps for fiat, which would lead to a flood of interest to buy cheap crypto and lend at attractive USD rates.
As soon as Bitfinex conclusively addresses the USD flow issues, the crypto pair prices will normalize with other exchanges that don’t have banking frictions and USDT price will return to par.
submitted by theswapman to BitcoinMarkets [link] [comments]

A Warning About Major Exchanges

Hey Everyone!
So I can't verify every detail of what I am posting here, but I wanted to be sure that I would make a post as a fair warning to all that you should do some further research into exchanges and where they get their money from. Especially the ones that use Tether (aka USDT) considering that Kraken, Bittrex, Poloniex, and Bitfinex use it for margin trading and other ways of raising capital.
As far as I can tell this has got Mt. Gox 2.0 written all over it and is only a matter time before people start cashing out and realizing exchanges will not be able to pay out. This will be especially concerning once new money stops flowing in and the markets start stabilizing.
To explain what is happening, exchanges are using Tether coins (aka USDT) under the impression that they are backed 1 to 1 by actual USD. Since there’s $1.3 billion of tether circulating, there should be $1.3 billion parked in bank accounts somewhere. However, there are many reasons to believe these bank accounts aren't holding the cash that they should be. Here are a couple reasons:
  1. Tether’s website makes a claim that’s unusual among cryptocurrencies: “every tether is always backed 1-to-1 by traditional currency held in our reserves.” The site also says each tether can be redeemed for $1. But its terms of service say: “There is no contractual right or other right or legal claim against us to redeem or exchange your tethers for money. We do not guarantee any right of redemption or exchange of tethers by us for money.”
  2. On Dec. 2, Bitfinex released a quarterly report announcing it would no longer serve U.S. customers because it’s too expensive to do business with them. This followed Wells Fargo & Co.’s decision earlier in the year to end its role as a correspondent bank through which customers in the U.S. could send money to Bitfinex and Tether’s banks in Taiwan. Bitfinex and Tether filed suit against Wells Fargo, but later withdrew the case.
  3. Neither Tether nor Bitfinex disclose on their websites or in any public documents where they’re located or who’s in charge
Long story short, it is looking like tether is going to be the second coming of Mt. Gox (1st market crash). They keep printing fake money and pump it into the market allowing for bitcoin prices to skyrocket. The people that are going to get screwed the most are the ones who bought bitcoin at 6K+ when Wells Fargo ended its ties with tether forcing it to take its suspicious activities else where. Coincidentally if you look at market prices, this has also led to massive price rises in the market. Since Dec 11th alone, over 400 million tether has been released into the market without the market cap of tether ever changing.
I hate fud but this seems very different.
End result? There is an external audit scheduled for January 2nd for tether. Who knows what will happen. In many ways the market is behaving similar to the stock market in 2007 when certain people saw the housing bubble but had to wait for the general public to realize it for the bubble to burst.
Personally, I have cashed out for me and my investors. Not because there isn't money to be made but because ultimately I could be taking money from someone who is excited about investing into the blockchain technology and is clueless about financial markets. I love reading the stories of people who have been able to pull themselves out of financial debt thanks to bitcoin, but unfortunately I believe there will also be lots of stories of people losing everything they have once the truth about tether surfaces.
Please be careful.
submitted by ThinWalletCollegeKid to CryptoCurrency [link] [comments]

Crypto News Recap: Cryptocurrencies are trading slightly higher, reversing a 3-day slump

Crypto News
Sources:
https://cointelegraph.com/news/report-blockchain-in-manufacturing-market-will-be-worth-500-million-by-2025 https://www.coindesk.com/us-customs-official-says-crypto-conversions-leave-criminals-exposed/ https://www.coindesk.com/bitcoin-acinq-raises-1-7-million-lightning/ https://1ml.com/statistics https://www.newsbtc.com/2018/10/04/imf-rapid-development-of-cryptocurrencies-poses-challenges-to-financial-system/ https://www.ccn.com/crypto-bull-mike-novogratz-trims-short-term-bitcoin-price-forecast-again/ https://www.newsbtc.com/2018/10/03/novogratz-turns-bearish-on-bitcoin-short-term-wont-break-9000-before-2019/ https://cointelegraph.com/news/crypto-exchange-poloniex-removes-margin-and-lending-products-for-us-users https://coinmarketcap.com/exchanges/volume/24-hou https://www.ccn.com/tether-price-falls-on-crypto-exchanges-how-will-it-affect-bitcoin/ https://cointelegraph.com/news/us-legislators-introduce-bill-to-find-common-definition-of-blockchain-technology https://www.ccn.com/mt-gox-users-mizuho-bank-seek-delay-in-lawsuit-to-await-compensation-outcome/
submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Poloniex is holding Ether back

While traders appear to rush into Poloniex, one major factor is overlooked: Poloniex does not trade using USD, but rather USDT (tether). Tether is yet-another-coin, and while a peg to the dollar is used for valuation (1:1), a trader who holds tether must open yet-another-banking-account with tether.to in order to convert to USD, then wire into their USD bank account. All of these steps serve to dissuade traders from using tether!
With Ether denominated in several currencies, dollar inflows are extremely important to increasing the price of Ether. Currently, coinbase and gemini are the predominant sources of new USD purchases of BTC and ETH. Bitfinex is no longer trusted to hold dollars, and their trading volume shows that lack of trust.
We need more exchanges to accept USD in order for ETH to succeed. Otherwise, we will trade sideways as we continue to pass bitcoin for ether and ether for bitcoin, never adding new dollars to the mix in order to increase the dollar value of either crypto currency. I urge you to pressure Poloniex to accept USD deposits and to abandon tether, or to pressure GDAX to finish their work on a margin product.
submitted by Arbitrage84 to ethtrader [link] [comments]

crypto coin for dumb f(ol)ks

I wrote an email for a couple colleagues. Hopefully helps. Please note the tongue in cheek humor and don't be angry with me,
Rule #1 – it’s gambling. Don’t bother with the theory/vision, unless your some kind of fucking commie.
To “get in the door” you gotta turn $ into crypto money. The fastest way to to that is to use coinbase.com
Coinbase is the most accessible but most costly way to do that. By “costly” there’s transaction fees and commissions. But, it’s super simple.
Get yourself signed up with coinbase. Watch coinbase for a minute. There’s 4 crypto-moneys on it. Buy on a dip. Bitcoin is the “major” crypto money. There, now you have some crypto-money. You can be done now. Buy low, sell high. Watch the news, time the market, you fucking rock. Coinbase will take it’s cut.
Note: Bitcoin and Bitcoin Cash are not the same thing.
Note 2: if you couldn’t figure out coinbase, you gotta quit now.
Want to be cool? Like dungeons and dragons cool?
Crypto-money is stored in “wallets.” When you bought your crypo-money on coinbase it went into a crypto-wallet on coinbase. Every website you interact with will give you a crypto-wallet. Actually they give you a crypto-wallet for each type of crypto-money you have. You’re gonna have like 30 wallets – # of crypto moneys times the number of exahgnes you use = number of wallets
To play the fun games, and fuck with like 2000 other type of crypto moneys, you need to get onto an exchange.
The exchanges are harder to work, but the fees are lower and there’s limits and stops and margin trading and all that.
Note 3: get comfy with giving away everything needed to steal your whole fucking life to internet sites that seem shady as fuck.
Exchanges come in like 3 flavors.
Tier 1:
Tier 2
Tier 3
So, all that back ground in order to sum it up like this:
Next up: wtf is USDT, what’s an ICO and hardware wallets
submitted by fatstupidlazypoor to CryptoCurrency [link] [comments]

Big game. Dash, BTC, DDoS.

Disclaimer:
Everything below is my assumptions based on watching charts and trollbox on Poloniex for the last two weeks. As it should be in trust-less environment, you have to verify the evidence yourself. Please feel free to correct me with your evidence. This all might be a coincidence.
Foreword
After the bubble which brought Dash to 59.9USD and then crashed to 37USD, then went to 51USD again, and stabilized at average 45USD later. People were afraid of trading on Dash. This made it possible for people to invest in DASH for more or less stable prices.
Related or may be not related events: a) Massive DDoS on Dash Masternodes b) Poloniex protects its Dash full-node from massive DDoS attack on Masternodes, by detaching it from network (wallet is still available for the exchange). In the same time telling customers to blame Dash network for this issue. However the network worked well and transactions were getting through without any problem. c) FUD about Dash centralization and Masternodes as a source of problem.
This causing limited liquidity for DASH.
Evidence (use any moderator name instead those two with the same search criteria): http://www.polonibox.com/?username=Oldgamejunk&messageText=ddos http://www.polonibox.com/?username=smallbit&messageText=ddos
The scheme
There is a scheme to drain people off their money, running at the time of writing on Poloniex and may be on the other exchanges as well. The target auditory (mostly) are west coast of US, Japan and China. However it is may be related to location of those involved in scheme and not specifically targeted auditory.
1) On the 2nd or 3rd of March someone have set up an arbitrage trading bot on DASH/USDT pair. This bot has kept dash price between 43-47 USD (the range is down to 42USD as of time of screenshot). DASH/USDT 2w/2h chart: http://i.imgur.com/zPlPQeK.png
This trade bot making impossible longs on Dash/BTC. The only profiting party here are the shorters.
2) In the same time margin tradings for DASH are available only through DASH/BTC pair. DASH/BTC 2w/2h chart: http://i.imgur.com/voUC751.png
3) Traders are trying to wreck this bot (or working in collaboration with bots owner) using following scheme:
3a) FUD BTC to get it as low as possible measured in USDT. DASH/BTC rate goes up. DASH price in USD may stay unaffected or rise a little. Easy done using uncertainty on SEC decision regarding Winklevoss ETF.
3b) Start shorting on DASH/BTC. Earning Bitcoins. Here is the zoom in to 24h/15min as of time of writing: http://i.imgur.com/QdGjyUO.png
3c) HYPE BTC, with this the DASH/BTC rate is decreasing. Here is the zoom in to BTC/USDT 24h/5min as of time of writing: http://i.imgur.com/JSWfpG2.png Here is DASH/BTC 2d/2h http://i.imgur.com/uyqA1Is.png DASH/BTC 24h/15m blob:http://imgur.com/4561d103-5a31-4e91-8ee8-b012fdce6fc5
3d) repeat the loop.
Qui prodest? Who gains off this schema?
1) Bot owner gains profits in USD 2) Group of organized traders profiting in BTC. It is very possible that initial sells getting BTC lower and lower for some period made by the same group.
Who will be blamed for this? Of course Dash. Alts are always a pawns in this game. This schema is not used for the first time. It is just another alt involved in this schema. It is already called by traders scam coin, ponzi schema, shit coin, etc.
What can you do, to stop it? The most obvious way is to HODL: Do not sell your BTC. It is what they are after.
Any further ideas are welcome.
submitted by pazak to dashpay [link] [comments]

Exchanges Graphical User Interface etc.

Hi everyone, I've got a predicament. I don't know about you all, but the Exchange GUI ranks very high in my must have department. In fact, I will give my top wishes for an exchange: 1. Safety and accountability 2. Liquidity and support for a variety of coins 3. GUI ---nothing for a long time--- 4. Customer support 5. API 6. Margin 7. Add your own
To this day, I still use Poloniex, however, my trust in them is falling, partly due to USDT reliability and partly due to constant fearmongering about the exchange. I do like their GUI and their liquidity though. My problem is I don't know where to go?!? Bitfinex is in the same boat with Polo as far as safety and liquidity go, but has the Trading View charting built in - me likely! Please exchanges, just copy that! Bittrex in my view is trouble waiting to happen, Kraken has the WORST GUI in the world, and has had massive connectivity and trading engine troubles. Which leaves me with Gemini and GDAX, both of their GUI's are fine, safety seems fine, liquidity is there, although I would really like to see more coins. Gemini I'm cutting because I don't like the Winklevoss, so that leaves me with GDAX - this leaves me with my final point: paging u/bdarmstrong please, use the Trading View charting engine and add more coins, I'm ready to switch! Also, paging u/Mike-Poloniex please, calm my spirits and move away from USDT, include FIAT trading, deposits and withdrawals for accountability.
I welcome further discussion, did I get anything wrong, what would you like to see from exchanges?
submitted by jkocjan to ethtrader [link] [comments]

I need help with the custom CSS boxes

On the non-redesign version of /Sandkasten4 you will see a couple of CSS-styled buttons using restyled lists. I wanted to prepare for the redesign and work on putting these into the alpha but ran into some walls:
Is it even worth it to try and work these in or should I wait for updates to this system?
CSS code and markdown I used:
####Exchanges * [Binance](https://www.binance.com/) * [BTC](https://www.binance.com/trade.html?symbol=NAV_BTC) * [ETH](https://www.binance.com/trade.html?symbol=NAV_ETH) * [BNB](https://www.binance.com/trade.html?symbol=NAV_BNB) * [Bittrex](https://bittrex.com/) * [BTC](https://bittrex.com/Market/Index?MarketName=BTC-nav) * [Poloniex](https://poloniex.com/) * [BTC](https://poloniex.com/exchange#btc_nav) * [Cryptopia](https://www.cryptopia.co.nz/) * [BTC](https://www.cryptopia.co.nz/Exchange?market=NAV_BTC) * [USDT](https://www.cryptopia.co.nz/Exchange?market=NAV_USDT) * [Changelly](https://changelly.com/) * [USD](https://changelly.com/) * [Litebit](https://www.litebit.eu/) * [EUR](https://www.litebit.eu/en/buy/navcoin) * [CoinMarketCap](https://coinmarketcap.com/currencies/nav-coin/) /*Exchange fancy buttons*/ .md h4 {display: none;} .md ul { margin: 0 -9px 10px -9px; padding: 0; font-weight: bold; } .md ul li { list-style-type: none; } .md ul li a { display: block; float: left; margin: 1px; padding: 9px 0px 7px 24px; color: #313131; text-align: center; background-color: #faf6ff; transition: background-color .2s cubic-bezier(.4,0,.2,1); background-image: url(%%exchange-sprite%%); background-repeat: no-repeat; border: 1px solid #d4c7ea; border-radius: 2px; padding-right: 5px; height: 26px; vertical-align: bottom; margin-bottom: 2px; line-height: 26px; padding-top: 2px; padding-bottom: 2px; text-transform: none!important; } .md ul li:hover {background-blend-mode: initial!important; opacity: 0.9;} /*BINANCE*/ .md ul li a { background-color: #F3BA2E; } .md ul li:nth-of-type(1) a {background-position: 0px -0px; background-blend-mode: color-burn; width: 200px;} .md ul li:nth-of-type(2) a {background-position: 0px -168px; width: 40px;} .md ul li:nth-of-type(3) a {background-position: 0px -192px; width: 40px;} .md ul li:nth-of-type(4) a {background-position: 0px -0px; background-blend-mode: color-burn; width: 40px;} /*BITTREX*/ .md ul li:nth-of-type(5) a {background-position: 0px -24px; background-color: #0057B6; color: white; width: 90px;} .md ul li:nth-of-type(6) a {background-position: 0px -168px; background-color: #0057B6; color: white; width: 90px;} /*POLONIEX*/ .md ul li:nth-of-type(7) a {background-position: 0px -48px; background-blend-mode: color-dodge; background-color: #016370; color: white; width: 90px;} .md ul li:nth-of-type(8) a {background-position: 0px -168px; background-color: #016370; color: white; width: 90px; } /*CRYPTOPIA*/ .md ul li:nth-of-type(9) a {background-position: 0px -144px; background-blend-mode: screen; background-color: #4C4C4C; color: white; width: 200px;} .md ul li:nth-of-type(10) a {background-position: 0px -168px; background-color: #4C4C4C; color: white; width: 90px;} .md ul li:nth-of-type(11) a {background-position: 0px -288px; background-color: #4C4C4C; color: white; width: 90px;} /*CHANGELLY*/ .md ul li:nth-of-type(12) a {background-position: 0px -72px; background-color: #202239; color: white; width: 90px;} .md ul li:nth-of-type(13) a {background-position: 0px -216px; background-color: #202239; color: white; width: 90px;} /*LITEBIT*/ .md ul li:nth-of-type(14) a {background-position: 0px -120px; background-color: #2481C4; width: 90px;} .md ul li:nth-of-type(15) a {background-position: 0px -240px; background-color: #2481C4; width: 90px;} /*COINMARKETCAP*/ .md ul li:nth-of-type(16) a {background-position: 0px -96px; line-height: 20px; width: 200px;} 
Posting this to both redesign and redesignhelp since it's a bit for both subs, hope that's okay
submitted by IfaqYurmama to RedesignHelp [link] [comments]

Where can i short to USD? + general shorting questions.

Shorting ETH and XRP on Poloniex via margin trading but would like to pair it against USD or USDT, is there anywhere to do this? Can someone with more experience w/ shorts point me towards the viable directions available? I would love to have a wider variety of pairs and alts to short, and if thats not easily available is there another way to set up trustless trade with a willing counter-party?
submitted by finleyohrstrom to CryptoMarkets [link] [comments]

Poloniex Exchange - YouTube Tools I Use to Trade on Poloniex Poloniex Review 2019 GANA EL 1% DIARIO EN POLONIEX HACIENDO LENDING How To Trade Bitcoin with Crypto Exchange Poloniex

Margin Trading. In the end of 2018 Poloniex removed margin trading for traders from the US. The reason is that in the United States there are too many different jurisdictions from state to state, so to make sure that they comply with regulatory requirements in every region they decided to generally remove margin and lending products for US ... Poloniex is a centralized cryptocurrency exchange located in Seychelles. There are 121 coins and 217 trading pairs on the exchange. Poloniex volume in the last 24 hours is reported to be at ₿5,901.13. The most active trading pair on Poloniex exchange is BTC/USDT. Poloniex is established in year 2014. Poloniex exchange platform had turbulent several years, but it seems that now the exchange is ready to stabilize and win back its user base. The trading platform offers some of the lowest cryptocurrency trading fees on the market, margin trading, margin borrowing, has its decentralized exchange, and the IEO launchpad. Poloniex is a centralized cryptocurrency exchange located in Seychelles. There are 126 coins and 226 trading pairs on the exchange. Poloniex volume in the last 24 hours is reported to be at ₿3,034.58. The most active trading pair on Poloniex exchange is BTC/USDT. Poloniex is established in year 2014. Poloniex Margin Trading. As the exchange provides an opportunity for leveraged trading, verified users can proceed to the Margin Trading tab and place orders backed by the borrowed money. The algorithm is the following: 1. The user should transfer some assets to the Margin Trading account via the Transfer Balances button. 2.

[index] [201] [128] [129] [253] [659] [599] [547] [425] [664] [763]

Poloniex Exchange - YouTube

в бот была добавлена пара USDT_STR. A quick guide to margin trading on Poloniex - Duration: 4:06. Circle 2,766 views. 4:06. The Secret Code Of Successful MACD Trading (Strategies Included) - Duration: 11:31. Poloniex’s unique TrollBox system offers users a superior trading experience. Poloniex’s mission is to reshape the global trust system, to enable trading in every corner of the world, and to ... A quick guide to margin trading on Poloniex - Duration: 4:06. Circle 2,768 views. 4:06. How to Trade Options on Robinhood for Beginners in 2020 ... Margin Trading is awesome. We all know that. However, most cryptocurrency exchange sites offer leverage only with #BTC. In this video, I mainly talk about how taking leverage with BTC in a ...

#