its good to be edited once and then their wallet just need to be public because people will keep watching it, maybe sends some signals whenever there is activity going on in their wallets.

if there really is the need for transparency, the community i think will need a new regulatory board to review and audit. SEC is just too corrupt to make these auditing.
the first exchange to check i think is BGB, a fast rising one. it outrank exchanges that have been round for years. its suspicious.

Quote from: Zed0X on April 13, 2024, 04:15:18 PM

Quote from: CryptoTalisman on April 13, 2024, 02:24:53 PM

~ it's quite disheartening to wake up to news that BingX, a notable crypto exchange is still providing crypto service to Iranian despite US sanction not to allow the region have access to crypto due to varying factors like terrorist financing and purchase of weapon and firearms via crypto payment.

It's currently ranked 25 on Coingecko and I hardly consider that as notable. I only found out about the exchange because of this post. Having said that, it looks like they do not have any office in the United States.

Quote

BingX is an international digital services financial institution, with branch offices in Asia, Oceania, Europe, and South America. BingX has also registered or obtained regulatory approval to operate in other countries where it provides its services or carries on any form of business.

No wonder they ignore any US sanctions. They should be more concerned with EU and Australia.

Not having office in the United State doesn’t mean they should sponsor terrorism. Regardless of where ever they belong, cryptocurrency shouldn’t be use to sponsor terrorism.

Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?

I started rehearsing my trading skills and strategy again on my favorite derivatives trading exchange, which is Digifinex. Although I am not yet trading with real money, I am still on the demo account, which usually offers a demo balance of $1000. Honestly, since I started practicing again, I have blown the demo balance more than three times now. First, when I started, I increased the balance from $1000 to $1500+ just in a day. I should have just rested for that day after making such a profit, but I got greedy (that's what it is) and decided to keep trading if I could increase the balance up to $2k, but my last trade blew the account.

It happened again the second time and again the third time, and I just kept blowing those accounts after making enough profit that I should have just taken a break every day and continued the next day.

You guys might be thinking that this is just a demo, so why worry? And my reply is that there is a need to worry because you can actually use the demo account to learn how to master and control your emotions and how to listen to your inner voice when it speaks to you to stop. You will also learn how not to get greedy, but you can achieve those characters if you actually handle your demo balance as if it's already your main balance (your real money).

Conclusion: I feel that greed is one problem in trading that can actually lead to unexpected losses. My advice is that, as a trader, always take that profit you have made. If, for example, you entered a position and it's really going in your direction, if you have seen a +$100-$500 profit, it's better to take it first.

Quote from: CryptoTalisman on March 29, 2024, 10:24:22 AM

Quote from: MCcabe Rory on March 29, 2024, 09:52:14 AM

Quote from: TomPluz on March 28, 2024, 07:06:42 AM

Seems to me that SEC of USA is on a crusade to fight all big crypto exchanges inside and outside the country who are doing business within the mainland. Kucoin has been on the business for years and just like Binance it is one of the top exchanges we have around in terms of business volume handled and influence. Incorporated in the Cayman Islands, the Republic of Seychelles and Singapore, it is respected well in the cryptocurrency industry. The way I am seeing it is that Kucoin can be following the path taken by Binance and I am wondering if what can happen to CZ will also happen to Kucoin founders which is possible imprisonment and not just paying big venalities amounting to millions of dollars. North Korea is taking advantage of the crypto industry by instigating successful hackings...but USA is doing a lawfare in getting what they wanted.

Don't you think these sanctions are targeted? I hope they come out from this.. where would kucoin users go to? Any alternatives ?

Initially i used to blame SEC for their actions but it's clear they are fighting for users interest. Imagine if SEC hasn't detected the money laundering act been perpetrated by the Kucoin executives, we would have perhaps witness another black swan like FTX. Am even so much excited that the FTX founder is going to serve 25 years imprisonment.
This should serve as a lesson for those who may want to take a similar path in the future. As for where Kucoin Users will go, i think its best users look out for regulatory compliant cex like Bitget. Coinbase would have been a perfect stop but they are also in some kind of mess with SEC

This cex you mentioned, do they have a US licence cos you mentioned that they're regulatory compliant

Quote from: bounceback on March 19, 2024, 11:19:21 PM

Depend o reward is not really interested stake BGB to grab a share of $10,000 worth of ZK, its too small reward and better don't take risk by staking BGB has potential will get lower coins and reward earn too small.
Better join launchpool with large amount reward and usually I joined with binance launchpool have allocated reward arround 50 million until 300 million coins depend on kinds of project. There are have available staking stable coins with low risk but allocated 20% of reward than staking BNB with reward reach more than 80%. If you hold BNB you can stake in binance and earn launchpool coins and usually has higher price after listing there.

Actually you're wrong. Did a lil research and their previous launchpools have been really successful. This one is dual from what I could see. BGB & USDT. I'm bidding this...