Tether Admits to Buying BTC with Reserves

in #tether5 years ago

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Means just 74% (at max) is backed by USD while rest can be ie backed by BTC.

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Markets

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I have quit BFX lately when NYC filled case. People ask where i trade.. Well Bittrex and Bitstamp but those need document verification.

Exchanges to Use with no Documents

  • Binance - the obvious top vol exchange, has STEEM
  • BiBox - amazing China exchange, i think its gonna be the next hot thing
  • KuCoin - similar to the other two with NEO and ETH pairs
  • Lbank - get there as long as its cheap, they do mad volumes already
  • CoinExchange - many ETH tokens and anon coins like ZEC XZC EXCL
  • COSS - many deals on ETH tokens for arbitrages
  • OpenLedger - decentralized exchange build on BTS, the older brother of STEEM
  • BitMex - Leverage trading of BTC, EOS and many others, superb liquidity
  • SimpleFX - Margin trading of stocks, forex and cryptocurrency


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Damn, Tether, Cobinhood and Cryptopia scandal all within this past year, BTC really has had to take a lot of knocks so im pretty impressed with how bullish it has been

It is about time to remove this clown coin. ;)

Posted using Partiko Android

I smell fish coin! 🎏 u got hooked?!? 😉

Posted using Partiko Android

That definitely sounds illegal...

Posted using Partiko iOS

Fuck Tether. It needs to die. Even if that means short-term crash in BTC. Undermines everything crypto stands for.

Will prove awkward when BTC continues its travels to zero.

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