/biz/ - Business & Finance

they need to launder somehow

they can't sell securities?

>>55741092

>airlines need frequent flyer miles because...
>Supermarkets need clubcard points because...
>Coffee shops need cards you stamp where you get a free cup of coffee if you buy enough coffee because...
All of those things are essentially tokens on databases.
every single business benefis from having their own token. An exchange that doesn't have their own token does not understand crypto.

>An exchange that doesn't have their own token does not understand crypto.
Reminder Kraken does not give you a transaction hash to a block explorer when I withdraw.

>>55741960
Problem solving itself look >>55742084

>>55741960
xD

>>55741960
wwwwww

>>55742084
flyer miles are a known scam
supermarket cards are a known scam
coffee points / card system is a known scam
So exchanges need their own token to prey on retards like the big conglomerates do ?
Noted

Cuz if they don’t create an official coin some schmuck will make a fake one and larp it as the real coin. Then the exchange will get the flak for normie retardation.

>>55743373
>So exchanges need their own token to prey on retards like the big conglomerates do ?
Yes, why would they not? Free money.

Doesn't holding a certain amount of UNI for example lower fees? And some exchanges like Mare which I use to buy my eternal $KAVA bags will give you some simply for staking in it etc which is enough money to make up for slippage and/or fees etc.

>>55743373
doesn't it get tiring calling everything except peer-to-peer, direct, handshake and firm look-sealed transactions a fucking scam?

>>55741960
imagine being mentally ill enough to create this dogshit.

>>55743402
At least binance can justify BNB's existence by creating their whole chain and ecosystem.

>>55744529
$CAKE, $SUSHI, $MARE. It's all actually useless, they are the real definiton of a shitcoin lol

>>55744529
based
>better than 90% of microcaps out there
>kava is superior to avax anyway

>>55744529
isn't slippage supposed to be low anyways?

>>55744561
They're at least decent swaps and Mare in particular offers some decent APYs if you're into letting your money sit there doing nothing anyways

>>55744553
>imagine being mentally ill enough to create this-ACK

>>55744558
artificially inflated token that shouldn't be anywhere near the top 5

>>55742117
So?
>>55744573
Depends on the platform.

>>55744605
>So?
Don't you find this a little strange? Are tey not crypto company? Which crypto platform you ever used did not give you an explorer link.

>>55744558
> binance can justify BNB's existence by creating their whole chain
That is the dumbest fucking shit I've ever heard anyone say ever.

>>55744553
A pendulum?

>>55744553
Imagine being mentally ill enough to think youre a girl and not a boy

>>55745364
This KEK

>>55744547
starcucks and every other points rewards system bullshit program all admit 70% dont use them and they expire / go unpaid
It's a scamcentive
token not needed