❇️ BINANCE: LAST DAY FOR USA CUSTOMERS TO TRADE!
A few months ago, Binance announced that they will start banning USA residence (starting Sept 12) from trading on their platform.
I've been using Binance for almost 2 years (like many others) to buy and sell some crypto. 📊
Yeah, I know... they are a centralized exchange but it has a great user experience and tons of liquidity for shit coins. 😅
So what now? Binance announced that they are making a new exchange for US Customers called Binance US starting next week.
They will require people to do a KYC on the platform and will limit to only about 20 cryptos to start. 😡
You know what? They can go F*ck themselves!! 🤣
I have no plan to use Binance ever again. It's much better to just start using decentralized exchanges from here on out.
I believe the closing of USA tradings (which makes about 30% of all volume) on Binance will have a pretty bad effect on the crypto markets for the next few months.... Especially for all the shit coins.
Just a quick warning for all those who are in the United States using Binance, get your money out of the platform....
If not, they may require you to do a KYC just to withdraw your funds. 🤦
See you later Binance, it's been fun. 🤷♂️
Keep On STACKIN! 😎
~ Charles Fuchs
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lol, sucks to be you hahaha
is there a list of the 20? i'm sure verge is on it. it's going to da moon man!
I know, right? I’m wondering where all the USA people will buy Steem now 😭😅
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I'm guessing you've got a CoinBase account? If so you can use Coinbase Pro for the time being! I can't find some (popular) coins on any good decentralised exchange!
I would never use coinbase, they want to track every single trade a person does lol
Yeah. I think UpHold (without fiat deposits) doesn't require KYC for the first $1K btw!
Yeah, I have an uphold account just because of brave lol
Same =)
Also, out of interest, what is your Fiat 2 Crypto exchange of choice?
I haven't put any new fiat in the markets for more than a year as I knew we was in a bear market. Most of my trades for shitcoin where from the BTC that I had :)
There is no way they will avoid the US for too long or limit customers to a handful of assets. The tradeoffs will be interesting to consider for some!
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They created Binance US starting next week with only around 20 coins. I’m thinking that most wont use it as they want you to do a KYC so they can report all your trades to the government lol
Thanks for the heads up. Can always count on you for being on top of it. I don't use them and now it seems there is more of a reason not to.
Yeah, it’s pretty ridiculous! Smh 🤦🏼♂️
I wonder what will be the repercussions of that since Binance is one of the largest exchanges. @stackin
Let’s see what happens 🤷🏼♂️
I think if it would be up to them they would welcome anyone without any KYC but I would point my finger to other people. I take it as a reminder why privacy coins are a good thing
The FAFTA stuff coming in 2020 going to effect all the centralized exchanges. In other words, all of them will do KYC next year. Smh smh 🤬😂
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hopefully the liquidity will stay there
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