/biz/ - Business & Finance

>>56090797
Binance is not safu

>>56090797
Haha damn retard

>>56090797
Not your keys not your coins

>>56090797
next ftx

>>56090797
I guess everyone will leave Binance.

>>56090797
Huge concern. Withdraw ALL YOUR ASSETS

>>56090797
>US

>>56090797
Use your brain

>>56090797
>stupidity if you still use binance

>>56090797
Hilarious. Every week, I keep hearing bad news on Binance. Just withdraw to end your problems.

>Binance US
yawn

>>56090797

>>56091275
>>56091660
Even more hilarious are you redditors that feel the need to announce everyone needs to withdraw. There arent upvotes here…and who the fuck of the 50 people left on biz dont have wallets setup

>>56090797
It's been a tough year for crypto exchanges in the U.S. with Binance.US feeling particular pressure. The Securities and Exchange Commission sued the company in June for allegedly violating securities laws, which built on accusations from another American regulator.

>>56090797
The SEC's aggressive attempts to cripple our industry and the resulting impacts on our business have real world consequences for American jobs and innovation, and this is an unfortunate example of that. Unfortunately it's a bad thing. Hard luck

>>56090797
Anyone ever gotten their account restricted by binance US? I've been waiting for 2 weeks for them to unlock my account

how long do I have to fucking wait??

>>56091830
There's tons of people this has happened to. Like one a day posts on r/binanceus.
With that and the news of the CEO resigning, things are not looking good for binance customers, US or international.

>>56090797
More than 100 positions are eliminated in second round of cuts. More to come ????

>>56091871
should I lawyer up? this is so fucking gay

>>56091891
Uh, potentially depending on the sum of money.

>>56091918
Its about $4500

>>56090797
SEC Files 13 Charges Against Binance Entities and Founder CZ. Are we done? NGL

>>56091936
Not really worth it then. Lawyer fees would easily eat that amount. Maybe you could get reimbursed for that, but this is going to take a considerable amount of time to resolve.

>he doesn't hold his coins in cold storage
You deserve everything that's coming to you

>>56090797
How true that Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law?? said SEC Chair Gary Gensler

>Excuse me, NORMAN REED?!

>>56090797
If binance shutdowns, crypto market fucks.

>>56090797

>>56090797
Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities. These are all headaches.

>>56090797
>Norman Reed
I loved that guy in The Boondock Saints.

>>56090797
Last week, Binance’s global head of product Mayur Kamat resigned from the company, now this one? What's next?

>>56090797

>>56090797
Shut up loser.

>>56090797
FUD everywhere.

>>56090797
Hahahahahahaha KUCOIN next

>>56090797
Use self custody instead

>>56092530
>next
based retard bro. us customers havent been able to use kucoin for like 3 months now

>>56091049
This is worrisome

If you're using a US-based CEX and it's not one of the mega gay uber regulatory compliant ones like Gemini you're basically an idiot. Kraken is about as based as you can get anymore. Either go DeFi and risk getting scammed or accept you're going to get taxed to fuck and back.

>>56091147
Always

The same retard has been making the same binance fud for 7 years and let me tell you nothing ever happens. Oh right Sam lost

>>56091275
Thanks for the tip

>>56093181
Is it a FUD?

>>56090797
always withdraw your funds.
But if I ever need to move funds from chain to chain that I need a CEX for (such as BTC to ETH)
i use binance.us out of principle to support them
(then I withdraw)
if the US gov is going to attack binance I consider them more friend then enemy

>>56092831
There is another fully regulated platform that you can also take a look at, not just Gemini. Funds are still safe and secure. I think Binance should resolve its regulatory issues.

>>56093881
>>56094240
Just use hardware wallets. Nothing is safe even if regulated haha

>>56094240
They are making progressive moves without significant impact. I hope they don't choose to follow the path FTX took. I don't trust the POR release.

>>56094266
But we need on/off ramping at some point if we need to convert to fiat; do you think that's possible through a hardware wallet? I know it's possible through cold, but the fee is killing. MetaMask charges 5–9% thereabout.

>>56094266
>You have no idea what you're talking about, anon. Be smart and distinguish between regulated and non-regulated platforms.
>>56094300
I don't think so. I still trust CZ to resolve this issue soon, or we could witness another crypto bloodbath.

>>56094354
You're saying regulated is good?

>>56094403
Think of it anon. Regulated platforms follow strict rules to stop fraud, scams, and money laundering. They also keep your money and info safe with insurance and security checks. Gemini, Tap, and Crypto.com are among the regulated platforms that do things the right way

>>56094674
But hackers can hack lol. Self custody is better

>>56094674
I can only trust GFSC regulated fintech with my money, Faggot.

>>56094674
For withdrawal Crypto.com charges 2.5%-4.5% fee, Gemini 3.49% while Tap charge zero fees. Get this into your d*ck head, Anon.

>>56094724
kek, XTP supported app have an anti-scam protection feature, Anon. Move your lazy a$$ and DYOR.

>>56094674
That doesn't stop hacks anon. Tell us how they protection clients' digital assets or get the fuck out of this thread.

>>56094981
Anti-scam protection is just a marketing gimmick. They can't guarantee 100% safety, and you're naive if you think otherwise.

>>56094346
While you were sleeping on the biz, I enjoy free exchange fees on the first crypto card program to use Mastercard.

>>56094724
There is no perfect system, and that's why security is still a big issue in the space.
>>56094856
>>56094909
I won't disagree. Just choose the one that meets your standards. After all, it's all about your preferences.

>>56094240
CZ will be on top of that, Pajeet. Besides, there are a lot of options out there. I'm using an app regulated by Gibraltar Financial Services.

>>56094909
If they provide such a user-friendly service, I'm surprised they haven't gained traction.

>>56094354
>I don't think so. I still trust CZ to resolve this issue soon, or we could witness another crypto bloodbath.
It's to your fucking detriment. They are others you can use for now, pending when the whole shitshow is settled, or better yet, stay safe with self custody.

>>56091830
kek, I pity you, OP. My ETH, BTC, XTP, and BAT are securely stored in my favorite app, which is fully regulated, unlike Binance.

>>56095047
This is precisely anon, One thing I believe is that payment solutions may scale as bitcoin adoption rates rise.

>>56095047
GFSC supervises a broad range of firms including: auditors, banks, company managers, e-money institutions, professional trustees, payment services providers, funds and fund service providers, insurance companies, managers and intermediaries, investment firms, and insolvency practitioners. Which are you fucking reffering to MF?

>>56095089
Don't be a fool anon, even though Mastercard and Visa have halted the issuance of co-branded crypto cards with Binance, is high liquidity, low fees, strong security, and user-friendly interface makes it the best

>>56090797
It's your decision, Anon. The fear of the unknown is real. Move your assets to Revolut or the first crypto services app that gets the first 2023 UK stock market listing.

>>56095025
Agreed! Security can be given top attention, but there is no such thing as a 100% guarantee and there never will be.
>>56095119
I don't understand what you're saying or what you're attempting to explain. Are you drank anon? I'm in if you're referring for low fees and premium support, lol.

>>56095138
Can you explain why im on still on the waitlist for revolut? Does that mean I have to fucking wait for an invitation to open an account?

>>56095193
You're the drunk here pushing all the wildcards and a bunch of dead horseshit, don’t know enough about premium support

>>56095059
Pajeet's going full degen with Tap2Tap. Zero fees, limitless money moves, and instant, secure transactions

is there any other online plataform that i can use tô Exchange Fiat for btc? one that doesn't ask for my face Photo and id number.

>>56095214
Take care with that crap. Remember that you can only trade using a USD-based account and that you may face complications with canceled orders.

>>56095253
Normies have an instinctual reaction for stuff like this. I'm all in if is a balanced and regulated financial system.

>>56095119
Despite the fact that they have one of the highest trading volumes, the skeptics will still be there following what happened to FTX. It should be an eye-opener not to take chances when you see shit like this raising awareness.

>>56095244
It's up to you to look into that later. You can explore Google for free. You don't need to be fed everything by me.
>>56095293
I'm only exploring for alternatives but the Revolut app's queue process disappoints me. I want an app that can be instantly created with no trouble.

>>56090797
N

>>56095379
Revolut is scam

>>56091049
I also don't think so, but their card was the only thing that I was enjoying before, and now that they froze it I've moved to CryptMi card.

>>56095379
>instantly created but has kyc? Hell hell

>>56095472
I disagree since you are unable to offer any supporting evidence for this idiot.
>>56095519
What I meant to say is that you can easily set up an account on Tap exactly like I did. When I sign up for Revolut, it informs me that I'm on the queue, which I don't like. To me, that doesn't seem convenient. You can't hold it against me if I whine.

>>56090797
>kek

>>56090797
Who is NORMAN REED

>>56094674
Is crypto com good?

>>56091207
Not sure about that anon, but I know chads would switch to compliant Fintech companies that give secure access to the crypto space.

>>56095518
I recently got that card as well, and I enjoy how there are no fees on any purchases made with it.

>>56095712
I only have crypto com card so far is good use it mate

>>56095712
Depending on how you plan to use it, of course. Crypto trade is fine, and their card also functions. In my opinion, Tap is a better option because it has lower fees, I'm not sure for Gemini for I haven't used it.
>>56095761
Are the fees not a concern for you? It's also preferable to the 9% exit fees associated with the Metamask sell option. I exercise caution when it comes to my purchases and spending.

>>56095685
Check google

>>56095611
Well, users like swift transactions and hassle-free on-ramping of fiat, if I have to wait for hours or days before even opening an account then I'd explore a Fintech service that would give me that in minutes.

>>56095676

>>56095985
Pretty apt answer

>>56090797
>Norman Reed, the Chief Legal Officer, is now the interim CEO.

Daryl is running Binance? Brb, about to sell everything.

>>56095472
The fees are on another level bizfag, I use Tap instead, seeing as the fees are lower on transactions and I get zero charge for app-to-app transfer.

>>56095472
The major concern is the fee, and it's only available in the US. Well, I don't use Revolut, and I don't intend to use it.

>>56095712
Have you tried to check the fee the likes of CryptoCom charge when trying to deposit on their card? It's a no for me, and PayPal is the worst in crypto currency exchange fee.

>>56097018
What would you use anon

>>56097018
Last I heard they were discontinuing their services in the US due to compliance and laws. I have more expectations for a Fintech company that is already available in 45 countries and counting.

>>56097044
Lol

>>56097044
Higher Hair.

>>56097894
Mark is scary

>>56096850
Kek, I just moved my assets out. Currently using Tap which is compliant with regulations and safu for my assets.

>>56095685
A fat man

>>56097044
I use a few that I feel work fine with a low fee, and I don't rely on credit cards.

>>56097299


You're right.

>>56095253
Nothing quite like enjoying zero fees on transactions anon. Not to mention that the platform keeps listing new assets like LRC and BAT for user access.

>>56097487

>>56096350
Eminem hits

>>56095271
Kek, some kind of ID is needed no matter how you look at it anon. Although there are Fintech companies like Tap which lets users link their local bank accounts, thereby making fiat to crypto switching seamless and hassle free.

>>56098730

>>56094266
Not every coin has a friendly wallet.
Like how do you store KDA? I don’t want to start 100 new accounts because no ledger support.

>>56094856
Based anon, I already have eyes on one with zero fees, anti-scam protection for users and easy fiat to crypto on ramping.

>>56099536
Addiction

>>56099812
What's there to brag about? I've got their card, using it anywhere, anytime. Whether it's in-store, online, or hitting up ATMs, I call the shots.

>>56099198
They f*cking hit 200k users recently. My only concern is that they have yet to explore the US market.

>>56100237
?

>>56092831

I have never had a problem with Gemini. It gets the job done and banks don't bitch about it.

>>56090797
Binance literally gets sued every week and it never maters

>>56105071
Let's see