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Author Topic: 👣 BitList.co - Mixers ' Exchanges ' Services ' Casinos.  (Read 24810 times)

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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #135 on: November 10, 2024, 10:45:54 AM »
So, kyc or no kyc, I believe every exchanges have a withdrawal limit, except for decentralized ones like uniswap and the likes.
Not everything can be generalized.
Instant Exchange has a withdrawal limit that depends exclusively on the liquidity balance.
Traditional CEXs behave more like banks and want insight into larger transactions. Hence the 1btc/24h (for example) limits.
I haven't used DEX platforms like Uniswap too much, but even there are limits depending on currently open orders, so you can't do withdrawals/transactions indefinitely. At least not to follow the current coin value
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #135 on: November 10, 2024, 10:45:54 AM »

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Offline Fivestar4everMVP

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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #136 on: November 10, 2024, 09:06:29 PM »
So, kyc or no kyc, I believe every exchanges have a withdrawal limit, except for decentralized ones like uniswap and the likes.
Not everything can be generalized.
Instant Exchange has a withdrawal limit that depends exclusively on the liquidity balance.
Traditional CEXs behave more like banks and want insight into larger transactions. Hence the 1btc/24h (for example) limits.
I haven't used DEX platforms like Uniswap too much, but even there are limits depending on currently open orders, so you can't do withdrawals/transactions indefinitely. At least not to follow the current coin value
Well, you might be right afterall, but personally, I've never really come across any of such limits on a decentralized exchanges, and I mean decentralized exchanges, not some centralized exchanges that offer swap functions like shapeshift and the likes.

And yeah,  cex are actually the banks we have in crypto, while peer to peer, like face to face transactions is the decentralized exchages in crypto.
Our pockets, safe boxes represent non custodial wallets in crypto 👍😁
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #136 on: November 10, 2024, 09:06:29 PM »

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Re: 👣 BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #137 on: November 11, 2024, 02:09:11 PM »
Great news guys.

PGP Checker by BitList has been added to 5 mixers' sites  :)
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Offline SamReomo

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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #138 on: November 12, 2024, 11:18:03 PM »
All exchanges have always had no-kyc withdrawal limits for larger amounts, even long before regulations and pressure on mandatory KYC started.
Well, I agree with you, back in 2017 and 2018 era most exchanges allowed large amount withdrawals and KYC wasn't mandatory on some good exchanges as I'm still not KYC verified on some of the top crypto exchanges but now things are different after regulatory pressure and that's why only few exchanges might offer such withdrawals or not at all.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #139 on: November 13, 2024, 12:28:23 AM »
Does anyone even hold 1000+ Bitcoins on any exchanges?
Some people are doing it for sure, otherwise binance wouldn't be among the the top of bitcoin richlist.
Binance is holding keys for all this coins, so effectively they actually own all this coins.
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

PGP Checker by BitList has been added to 5 mixers' sites  :)
Bitlist is getting ultra popular and making waves 8)
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #140 on: November 13, 2024, 12:15:04 PM »
Some people are doing it for sure, otherwise binance wouldn't be among the the top of bitcoin richlist.
Binance is holding keys for all this coins, so effectively they actually own all this coins.
I don't know why the model where exchanges are used as the default wallet has become so popular. I have noticed this a lot with freelancers where they receive their earnings directly on the exchange. I guess these are habits from traditional banking, where every transaction was known to take a long time, plus additional costs.
Maybe I could justify when it comes to NFT or similar, which used to have huge transfer fees. Not for Bitcoin for sure.
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Offline God Of Thunder

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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #141 on: November 13, 2024, 01:14:38 PM »
I don't know why the model where exchanges are used as the default wallet has become so popular. I have noticed this a lot with freelancers where they receive their earnings directly on the exchange. I guess these are habits from traditional banking, where every transaction was known to take a long time, plus additional costs.
Maybe I could justify when it comes to NFT or similar, which used to have huge transfer fees. Not for Bitcoin for sure.

I used to do that as well, and many people still do. For me, the reason was I didn't know how to use wallets, and I didn't understand how these seed phrases worked. Most probably, I didn't hear about the dedicated wallets. I guess I heard about Bitcoin and crypto from Facebook or other social media, and I have created a Coinbase account to receive my Bitcoin. Another reason was that the transfer between coinbase and coinbase was free. I didn't know about Binance back then. Mouth-to-mouth marketing is a big thing. Mostly people believe what their other friends suggest. That's not what a random online guy suggests. I don't remember who suggested Coinbase. But I guess it was from social media. It was easy to sign up and set a password and that's it.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #141 on: November 13, 2024, 01:14:38 PM »


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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #142 on: November 13, 2024, 02:04:14 PM »
I used to do that as well, and many people still do. For me, the reason was I didn't know how to use wallets, and I didn't understand how these seed phrases worked. Most probably, I didn't hear about the dedicated wallets. I guess I heard about Bitcoin and crypto from Facebook or other social media, and I have created a Coinbase account to receive my Bitcoin. Another reason was that the transfer between coinbase and coinbase was free. I didn't know about Binance back then. Mouth-to-mouth marketing is a big thing. Mostly people believe what their other friends suggest. That's not what a random online guy suggests. I don't remember who suggested Coinbase. But I guess it was from social media. It was easy to sign up and set a password and that's it.
Long ago, Coinbase and blockchain.info were the most popular web wallets. Back then, they didn't have support for other coins, nor did they have exchange options. They used to be just wallets, which changed over time.
Regardless of them, web wallets are not an ideal solution for holding bitcoins.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #143 on: November 13, 2024, 08:46:39 PM »
I used to do that as well, and many people still do. For me, the reason was I didn't know how to use wallets, and I didn't understand how these seed phrases worked. Most probably, I didn't hear about the dedicated wallets. I guess I heard about Bitcoin and crypto from Facebook or other social media, and I have created a Coinbase account to receive my Bitcoin. Another reason was that the transfer between coinbase and coinbase was free. I didn't know about Binance back then. Mouth-to-mouth marketing is a big thing. Mostly people believe what their other friends suggest. That's not what a random online guy suggests. I don't remember who suggested Coinbase. But I guess it was from social media. It was easy to sign up and set a password and that's it.
Long ago, Coinbase and blockchain.info were the most popular web wallets. Back then, they didn't have support for other coins, nor did they have exchange options. They used to be just wallets, which changed over time.
Regardless of them, web wallets are not an ideal solution for holding bitcoins.
You forgot to mention coinomi, i am not very sure but I believe coinomi to be the very first non-custodial bitcoin wallet app though it's not open source.
I started crypto using blockchain.info, later signed up on coinbase but discovered they were supported in my country, I later on discovered coinomi and not too long from then, it became my favorite wallet  since it was the only one I could trust, I used this until other wallets started showing up.

Good old days yeah 😁, but sincere happy with how far and advances crypto have come..
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Re: 👣 BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #144 on: November 13, 2024, 09:32:57 PM »
I don't know why the model where exchanges are used as the default wallet has become so popular. I have noticed this a lot with freelancers where they receive their earnings directly on the exchange. I guess these are habits from traditional banking, where every transaction was known to take a long time, plus additional costs.
Maybe I could justify when it comes to NFT or similar, which used to have huge transfer fees. Not for Bitcoin for sure.
Also don't forget that most Bitcoin ETF's are held by centralized exchanges like Coinbase, and this are big players who are doing this.
Microstrategy is no better and Sailor even said that people who are doing self custody of their bitcoin are paranoid freaks  :P
Self-custody and holding keys should be top priority for everyone.

« Last Edit: November 13, 2024, 09:35:30 PM by dkbit98 »
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #145 on: November 13, 2024, 11:13:17 PM »
Long ago, Coinbase and blockchain.info were the most popular web wallets. Back then, they didn't have support for other coins, nor did they have exchange options. They used to be just wallets, which changed over time.
Regardless of them, web wallets are not an ideal solution for holding bitcoins.
Yes, that's very true, if I remember correctly I opened my first Bitcoin wallet with that blockchain.info and wasn't sure what I was doing back then. I believe that when someone is new to Bitcoin ecosystem that person finds it easy to open wallets at websites then downloading software wallets like Electrum or going with hardware wallets. Things have changed in the whole crypto sphere, now there's more awareness about these issues and even newbies can learn enough knowledge then before.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #146 on: November 15, 2024, 10:44:58 PM »
Long ago, Coinbase and blockchain.info were the most popular web wallets. Back then, they didn't have support for other coins, nor did they have exchange options. They used to be just wallets, which changed over time.
Regardless of them, web wallets are not an ideal solution for holding bitcoins.
Yes, that's very true, if I remember correctly I opened my first Bitcoin wallet with that blockchain.info and wasn't sure what I was doing back then. I believe that when someone is new to Bitcoin ecosystem that person finds it easy to open wallets at websites then downloading software wallets like Electrum or going with hardware wallets. Things have changed in the whole crypto sphere, now there's more awareness about these issues and even newbies can learn enough knowledge then before.
Well, I am not very sure but I believe downloading a wallet app have always been more easier and and more convenient than having to visit a website to check your wallet balance, but the reason why most preferred web wallet was because during the early days of bitcoin, smart phones were as advanced as they are today, back then, average smart phone comes with a pretty low inbuilt memory size which gets filled up pretty quick, this was one of the major reasons why most people back then preferred doing stuffs like this on the web rather than download an app, since skipping the downloading of an app helps them save more space and allows their device to run smoother.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #147 on: November 16, 2024, 02:40:39 PM »
Well, I am not very sure but I believe downloading a wallet app have always been more easier and and more convenient than having to visit a website to check your wallet balance
I would not agree that the download wallet app is the simplest. There are so many phishing and malicious software, for a beginner it can be a very tiring experience to recognize a reliable wallet and download it without risk.
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Re: BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #148 on: November 16, 2024, 06:34:53 PM »
Well, I am not very sure but I believe downloading a wallet app have always been more easier and and more convenient than having to visit a website to check your wallet balance
I would not agree that the download wallet app is the simplest. There are so many phishing and malicious software, for a beginner it can be a very tiring experience to recognize a reliable wallet and download it without risk.
That's true, wallet apps can be troublesome in most cases because no app store could really detect malware inside a wallet app and the users who use such wallet apps might lose their funds if the wallet app contain some kind of malware in it. I know web wallets also aren't that safe but for newbies those still work, and I won't say that app wallets doesn't work for newbies but those can pose some risk. The best is to go with either open source software wallet like Electrum, or some kind of safe hardware wallet.
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Re: 👣 BitList.co - Mixers ' Exchanges ' Services ' Casinos.
« Reply #149 on: November 16, 2024, 07:27:05 PM »
Does anyone know if Bitlist have any twitter aka X account page?
I tried to search for it but I found nothing, and I think it would be useful to create official page there, since many people are using it to find information about crypto.
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MixTum.io
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