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Dorjoy12

Binance is warning against US-based user !

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I think Binance is acting appropriately and they're just looking to stay away from trouble with the US government, it's clear from the beginning that US citizens are not allowed to use the platform due to the lack of regulation in the US, still many US citizens ignore this and create accounts in the platform, causing Binance to take this kind of actions to protect their interests. 

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15 hours ago, Raqeebzy said:

Binance can't meet up with the policies, hence, this big step was taken boldly. It is a shame but there are few other US based exchange which operates on US AML policies: talk about coinbase, Gemini etc. They are excellent ones in alternative to Binance.

 Its true that there has already many alt exchange site than binance  based US  but still a thing US user will missed up that binance is  top exchange site in crypto so every time its facilities plus feature will be pretty good..   Certainly coinbase is good for US user because its only support crypto legal country to trade that is why coinbase has less popularity too @Raqeebzy             

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2 hours ago, Dorjoy12 said:

 Its true that there has already many alt exchange site than binance  based US  but still a thing US user will missed up that binance is  top exchange site in crypto so every time its facilities plus feature will be pretty good..   Certainly coinbase is good for US user because its only support crypto legal country to trade that is why coinbase has less popularity too @Raqeebzy             

I do not support cheating in any case (if it would be considered as one; I see no reason because it's not against the exchange rules. But US binance users can make use of the exchange changing location to less restricted regions. This in order not to miss out on great and unique opportunities on their; again, if it isn't against the exchange rules. 

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My Altcointalks username —° Raqeebzy

 

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2 hours ago, Raqeebzy said:

But US binance users can make use of the exchange changing location to less restricted regions

I dont think  those US user can survive long time in binancey if they follow out this process to trade in binance..  Actually all the exchange, forum and so on site can easily track the user ip address plus locations so it will be more harmful for US user funds available in binance..   @Raqeebzy that is why i think Binance will put some restrictions to US user then to trade..                

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2 hours ago, Dorjoy12 said:

I dont think  those US user can survive long time in binancey if they follow out this process to trade in binance..  Actually all the exchange, forum and so on site can easily track the user ip address plus locations so it will be more harmful for US user funds available in binance..   @Raqeebzy that is why i think Binance will put some restrictions to US user then to trade..                

True Dorjoy. You made a good point.

Looking at it, there will be sophisticated tools in determining real and actual location every user in the exchange operates from. Other than taking so much risks of getting account closed permanently with funds in it, it is better getting an account on different exchange.

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My Altcointalks username —° Raqeebzy

 

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23 hours ago, Raqeebzy said:

, it is better getting an account on different exchange.

Ofcourse who want to lose Money @Raqeebzy??   As there has alternative way to earn money in crypto or trade then why every one should use binance..  I think Kucoin is one of the best comparing exchange site with binace and its popularity Increase on daily..   Kucoin, Bitfinex, Huobi still good exchange that contain feature like Binance       

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I do not think so . Binance is the world's largest crypto platform. And what made her become such that everyone trusts, as well as her successful projects. We have to warn you that they have gained everyone's confidence. Including some Americans. These two people did not speak clearly of the reasons for which they did. And who made the platform do this with them. Also, if she did not want Americans on her platform, she would have closed anyone's server from America and would not register or view the home page. 

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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The united states loves to control and its important they are able to do so to make sure that they are not getting themselves into those mistakes that could bring their financial system down so to me UNITED states taking on exchanegs is important and any country should do so and its really powerful to do so and be glad to grow with it

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On 12/10/2020 at 4:13 PM, Raeess Sheharyar said:

Hello my friend, Binances is warning so we should be careful about all what he explain to us so that we should not be a victims of it, take care and thanks for sharing this information good luck...

Its good that the exchange are thinking about the security of the other users and also the wallets of their exchanges. As there many users who use the exchange as the SPY.


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I think the problem is political.

And that the US government was the one that asked Binance to leave the US market so that the US platforms were unique in the market and the number of users increased.

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As reported by Decrypt, Binance is threatening a hard deadline to herd U.S. users off its original exchange platform (not to be confused with Binance US, which is legally open to U.S. residents). Email notices sent to U.S. users give them 14 days to withdraw funds before Binance shutters their accounts for good.

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Frankly, my friend, I have not used the Binance platform before and do not know much information about it

But there is no platform that wants to reduce the number of its users, the more users there are, the more profits the platform increases

Consequently, all bans in this area are due to violating the platform's rules

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I do not think they are doing it because the US users do not follow the terms but I think it is because the US has the ban on the use of the cryptocurrency that is why the exchange is not accepting these users.

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On 11/30/2020 at 6:18 PM, Dorjoy12 said:

I exactly dont know yet why Binance exchange dont want US user like this..  By the way, what do you think about this news??  Will the popularity of Binance decrease for this?? 

It is not the fault from the end of Binance itself but USA is responsible for it. Have you noticed their bunch of regulations against cryptocurrencies? They want to trace credit history of everyone to detect whether there is tax evading cases or money laundering acts. Recently, they are proposing the regulations and if that comes into the contrast, all US-based exchanges will be starting their users to verify KYC. 

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My friend, this news is a shame for all Americans, and the fact that the Binance platform is of American origin, I do not trust it at all, as it certainly will not ban this citizen who does the swindling, so this matter bothered me. Thank you.

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I don't think their popularity will be affected because of that, we have to understand that the U.S. is a country that is restrictive with respect to crypto currencies and now with the SEC's demand for XRP, many exchanges must be careful to avoid having problems with that country and avoid possible scandals that could affect them.


 

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On 12/26/2020 at 10:47 AM, Whited35 said:

all US-based exchanges will be starting their users to verify KYC

 If so then usa based exchange security will be more secure plus maybe their popularity decrease as now a days lot of user use their exchange without any kyc.. Because of user security as many user also from banned crypto Country..   But still we hope there will have good news from them..            

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6 minutes ago, Dorjoy12 said:

 If so then usa based exchange security will be more secure plus maybe their popularity decrease as now a days lot of user use their exchange without any kyc.. Because of user security as many user also from banned crypto Country..   But still we hope there will have good news from them..            

KYC was already mandatory on the most of the US-based cryptocurrency exchange. Some exchange were operating the services to the users without KYC but still there was a limit in  daily transactions. Remember, their main concern to enable KYC is to trace the credit history of each and every citizens who use crypto to prevent possible tax evading 🤣😜

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18 hours ago, Whited35 said:

Remember, their main concern to enable KYC is to trace the credit history of each and every citizens who use crypto to prevent possible tax evading 🤣😜

This is an cool strategy then 😂 because many usa citizens use different kind of global exchange site and yobit is one of them maybe so in this case they can easily escape the tax..   But usa citizens will face good facilities if they submit their kyc and i dont think the tax will be much higher which they can't accept..                  

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21 minutes ago, Dorjoy12 said:

This is an cool strategy then 😂 because many usa citizens use different kind of global exchange site and yobit is one of them maybe so in this case they can easily escape the tax

Transactions records will be still traced despite they use the exchanges which do not require KYC. At least purchase of crypto by using fiat will be detected at some point and government will eventually freeze the holdings. It really the bad luck as we are expecting the financial freedoms off cryptocurrencies. After enabling the KYC on the exchange sites, they can easily trace credit history. 

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Binance has already a US exchange so does it matter at all if the US traders move there? Since the citizens of this country are not allowed to trade in unregulated exchanges they should do that in the regulated or try to find p2p exchanges. Binance US is there and they can use that.

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4 hours ago, Whited35 said:

It really the bad luck as we are expecting the financial freedoms off cryptocurrencies

In this case,  those country citizens feel free to use to crypto currency where crypto is not yet listed..   Because those country govt take no serious action against crypto currency user...  But i do not think usa citizens need to have financial freedom because they need security first maybe 😅.. Also Their tax percent low..                      

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It is possible that US users of Binance will not follow to the directions of Binance and use the american exchange but use others, perhaps coinbase instead. Binance has seen very high volume and trading lately but I don't know what will happen if americans stop trading there. It could be bad news but the effect can be shown only in a Bitcoin downturn.

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12 hours ago, Dorjoy12 said:

But i do not think usa citizens need to have financial freedom because they need security first maybe 😅.. Also Their tax percent low..                      

K do you think cryptocurrency and blockchain technology do not give them security if so 😂? Anyway, as the global economy power, each and every moves related to financial sectors from the US government does make the sense. I have frequently noticed, whenever I see a massive sell off orders in US stock markets, price of crypto also  start to get crashed. 

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I think this news may be fake because every sites wants to increase the users so i think this news may be wrong. So we should posts here 100 percent true news. Then our posts will be accepted and our reputation will be increase so this forum is huge opportunity to earn lots of profit by investing money here

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    • Forex and Cryptocurrency Forecast for 03 – 07 June 2024 EUR/USD: Awaiting a Turbulent Week   Recall that Monday, 27 May was a holiday in the US. However, on Tuesday, dollar bulls took control, and the DXY Index started to rise, bolstered by a significant increase in the US Consumer Confidence Index (from 97.5 to 102.0 against a forecast of 96.0). Consequently, EUR/USD moved southward.   Pressure on the euro was also due to expectations that the European Central Bank (ECB) is likely to cut the key interest rate by 25 basis points (bps) from 4.50% to 4.25% at its meeting on 06 June. This intention was confirmed by the head of the Bank of Finland, Olli Rehn, who stated on Monday that he considered it timely to transition to dovish rhetoric in June. 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The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. 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McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
    • 🚀Join $20 000 000 Cryptodrop 🚀Collect points to get BFG rewards 🚀To the Moooon!    If you are interested, click here 👇
    • В Татарстане построят майнинговую ферму стоимостью $100 млн   В Иннополисе, городе высоких технологий в Республике Татарстан, реализуют майнинговый проект стоимостью $100 млн. Об этом на криптофоруме в Казани сообщил заместитель премьер-министра Татарстана Роман Шайхутдинов и заместитель министра цифрового развития, связи и массовых коммуникаций РФ Александр Шойтов.     В 2023 году Россия поднялась на второе место по майнингу криптовалют. По оценке экспертов, в майнинге может быть использовано до 5 гигаватт электрической мощности, что позволит стране занять лидирующие позиции в отрасли, — сказал Александр Шойтов.   В середине февраля компания по добыче биткоинов BitRiver также обнародовала планы по запуску крупнейшего в России дата-центра, ориентированного на искусственный интеллект.   В РФ пока нет чётких правил по контролю майнинга. В конце апреля российские законодатели представили новую версию законопроекта, направленного на регулирования рынка добычи криптовалют. По словам одного из его авторов, правила могут вступить в силу уже в сентябре этого года.
    • Линн Мартин выразила оптимизм по поводу биткойн-ETF, подчеркнув их потенциал и ресурсы, которые они уже принесли на Уолл-стрит.  Мартин, президент группы Нью-Йоркской фондовой биржи, выразила этот оптимизм на конференции Consensus 2024, когда ее спросили о запуске ETF на биткойны ( BTC ) и о потенциале, который они несут для Уолл-стрит.  «Мы ведем переговоры с SEC уже более шести лет о биткойн-ETF», — сказал Мартин в интервью . «Я думаю, вы не можете спорить с успехом биткойн-ETF и ликвидностью, которую они принесли базовому рынку».  Финансовые руководители все больше интересуются криптовалютой, либо напрямую, либо через ETF , что привело к росту цен на рынке криптовалют. По словам Мартина, одобрение спотового биткойн-ETF в январе пробудило интерес традиционных инвесторов, принеся на рынок много ликвидности.  Крипто-объединение Вашингтона и Уолл-стрит В последнее время на криптовалютных рынках и на Уолл-стрит наблюдались сильные движения цен, и во многом это можно объяснить сильным притоком средств в ETF, зарегистрированные в США. Рыночная капитализация криптовалюты превысила 1 триллион долларов с момента одобрения биткойн-ETF.  Спотовый крипто-ETF напрямую отражает цену конкретной криптовалюты и стратегически распределяет средства портфеля в эту криптовалюту. Эти средства активно торгуются на публичных биржах и отражают эффективность конкретной криптовалюты. Как и другие фонды, крипто-ETF легко доступны на стандартных фондовых биржах, и инвесторы могут хранить их на своих брокерских счетах. Недавно был одобрен спотовый ETF Ethereum , предоставляющий инвесторам регулируемый и доступный способ получить доступ к Ethereum. Могут последовать и другие спотовые крипто-ETF . Комментарии Мартин прозвучали в период крипто-оптимизма в правительстве США. На прошлой неделе Палата представителей США приняла законопроект FIT21. Законопроект разъясняет, как SEC классифицирует криптовалюту, создавая термин «цифровой товар» для цифровых активов. Законопроект направлен на искоренение мошенничества, регулирование криптовалютных бирж и защиту потребителей, одновременно создавая стабильную среду для криптовалюты — по сути, он сообщает, что криптовалюта теперь является проблемой правительства. Недавно Дональд Трамп начал получать пожертвования на предвыборную кампанию в криптовалюте, сигнализируя о более широком охвате отрасли политиками.
    • ❗️Уважаемые клиенты, Вашему вниманию курсы на начало дня❗️ Желаем вам быстрых и выгодных обменов   TONCOIN→ СБЕРБАНК РУБ - Курс обмена: 1 TON = 547.7 RUB TONCOIN→ ТИНЬКОФФ РУБ- Курс обмена: 1 TON = 559.37 RUB TONCOIN→ КАРТА МИР РУБ -Курс обмена: 1 TON = 558.63 RUB TONCOIN→VISA/MASTERCARD RUB-Курс обмена: 1 TON = 541.69 RUB
    • Основатель Binance Чанпэн Чжао прибыл в федеральную тюрьму строгого режима в Ломпоке, штат Калифорния, отбывать наказание. Если вы переживаете на счет своих средств на платформе Binance, наш обменник криптовалюты saint.exchange может помочь с выводом!
    • 01.06.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.3% (Мы доплачиваем) USDT  +1.3% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.5%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  +3.3%  USDT   +3.3%    Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
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