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This is my first time hearing about USDM, so I don't know if this is what the OP is talking about. https://www.coingecko.com/en/coins/usd-mars#marketsIf so, then I think you would probably advise you to stop using this stablecoin if possible, because it does not guarantee value compared to the fiat it wants to be tied to. And like @Husires, it's good advice to keep your stablecoins safer. Hello i am not sure about the mars on the end of the USDM for coingecko or not. Wether that makes a diff or not. Or how it would exactlly work. I guess I would send the USDM from Multi to the USDM on coingecko, then re import it into pancake? is importing into pancake the same as pasting a deposit. address? I see there are several videos from google, on how to work with pancake If i want to continue to use the multi-banks site I posted i am stuck with it USDM for awhile. The site does give the 100;1 leverage. And BTC can go up and down 200pts several times a day. Not sure how many platforms do this. So, if you buy on the bottom of the red it can go up 100pts in a few minutes. That's 100% profit. The other day BTC made a big up swing and did 400% in 2 hrs. I was able to ride that up then get out before it drops. The site has reg agreements with Cyprus, Singapore and Australia. I have withdrawn all funds in USDM to my wallet once, as a test. I didnt even know it was USDM cause the form says USDT, which is irregular. And I did send 1400 directly to my bank, as anoher test. But the secound time I tried to wire/withdraw a larger amount to my bank the sites's bank refused cause of a blockchain record of the 1000$USDM being refused by Coinbase. Which was sent from my wallet, not the Multi-site. I was flagged as suspiscious for " arbitrage". I did not realize that banks have access to all transcations, even one not being done with them. And they don't list the reasons behind any refused deposits. So, I cant say I fully endorse the site at this time. I am in the process of withdrawing more, and will see how that goes. Does not do much good to make a profit if you cant withdraw it easily Do need to be carefull with pancake according to below. But as @oktana pointed out there is always good and bad reviews https://www.reddit.com/r/pancakeswap/comments/ls1gxm/missing_funds_after_pancakeswap/ |
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Have heard of Pancakes will check it out. I transfered The USDM out of Mult banks to my Trust wallet. Thought id lost 18K but somone showed me how to add USDM as a custom coin and the 18K popped up. I was tld USDM is similiar to USDT. Even on the Multi-banks website when you go to cash out it says USDT, but then they send USDM to my wallet. But even when in the wallet you cant swap USDM to USDT
So tried to move 1000 USDM to Coinbase as one of thier reps said it would work. Well it does not. So I lost 1000 USDM in the etherium network someplace. Contacted several recovery services, most to no avail. Apparently its harder to recover funds refused at Coinbase then from scammers. According to one recovery service who said there is not much I can do. Coinbase said if they start to support USDM the 1000 will pop back up.
Coinbase does not support usdm, I dunno why would their rep say to transfer it there, why not argue with them, and say you said me to transfer and now say you can't recover? You should have used pancakeswap to exchange usdm to usdt. I have never heard of exchange and coin you are talking about. There is not much info about either on Internet, if I were to guess, it's scam and you lost nothing. Looks like USDM can be swapped with USDT on pancake. It pulls it in from coingeko with a warning. So not sure about moving 10k. Maybe a bit at a time to check. Pancake has no customer support if something goes wrong so need to be real sure about any transfers USDM is real. I did wire 1400 to my bank as reg US dollars. Unless that was just a set up. The multi banks does allow leveraged 100:1 positions so a lot can happen in just 5 minutes |
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I’m trying to recall if I’ve heard USDM but, it still sounds strange. Anyway, do not always listen to reviews. From experience, I’ve seen some platforms which are very good but for some reasons, some person want to bring them down so they start giving bad reviews. So just try the platform out and see for yourself instead of wondering from the outside. If you look closely, there’s no (no matter how good or perfect the app is) app that doesn’t have a bad review. Thank You okatana for all the feedback. Have heard of Pancakes will check it out. I transfered The USDM out of Mult banks to my Trust wallet. Thought id lost 18K but somone showed me how to add USDM as a custom coin and the 18K popped up. I was tld USDM is similiar to USDT. Even on the Multi-banks website when you go to cash out it says USDT, but then they send USDM to my wallet. But even when in the wallet you cant swap USDM to USDT So tried to move 1000 USDM to Coinbase as one of thier reps said it would work. Well it does not. So I lost 1000 USDM in the etherium network someplace. Contacted several recovery services, most to no avail. Apparently its harder to recover funds refused at Coinbase then from scammers. According to one recovery service who said there is not much I can do. Coinbase said if they start to support USDM the 1000 will pop back up. One recovery service said to deposit 550$ in a temp wallet and then they would put the 1000 in it. i said no, as that's a known scam. Oh my, that’s a really terrible news to hear. But really, support should be able to help you recover the funds. They may need some information from you, but it’s not something that you can’t provide… I mean; proof of transaction, KYC, etc. I once heard that this happened to someone on Binance and they did help the user recover all his money back. So, I do not know if yours is a thing with Coinbase or maybe it’ll be the same difficulty if it were someother exchange, but you have my best wishes, I hope you get your funds back. Thanks I spent several hrs on phone with coinbase. Gee we sorry but too bad. Sent them the full etherium reports with all data. Not enough. Oh well |
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Does anyone know a trustworthy exchange to convert USDM to USDT.
Can not do on trust wallet. Coinbase does not accept USDM. And Multi-banks exchange only sends USDM
I also never heard of Multi-banks exchange, but I found USDM/USDT crypto pair on DeGate DEX. Yo should check it out if it is the same token you are talking about. Compare contract addresses to be sure. https://app.degate.com/trade/USDC/0x59d9356e565ab3a36dd77763fc0d87feaf85508cthanks i looked at this briefly. Lbank amd DigiFinex are alos supposed to do it. But saw bad reviews on Reddit. I trade on h5.multi-banks and edxmarkets https://pc.multi-banks.com/#/ They have leveraged trading (100;1) and have done OK in BTC lately But only send USDM to out. Also do this https://web.edxmarkets.me/#/indexI’m trying to recall if I’ve heard USDM but, it still sounds strange. Anyway, do not always listen to reviews. From experience, I’ve seen some platforms which are very good but for some reasons, some person want to bring them down so they start giving bad reviews. So just try the platform out and see for yourself instead of wondering from the outside. If you look closely, there’s no (no matter how good or perfect the app is) app that doesn’t have a bad review. Thank You oktana for all the feedback. Have heard of Pancakes will check it out. I transfered The USDM out of Mult banks to my Trust wallet. Thought id lost 18K but somone showed me how to add USDM as a custom coin and the 18K popped up. I was tld USDM is similiar to USDT. Even on the Multi-banks website when you go to cash out it says USDT, but then they send USDM to my wallet. But even when in the wallet you cant swap USDM to USDT So tried to move 1000 USDM to Coinbase as one of thier reps said it would work. Well it does not. So I lost 1000 USDM in the etherium network someplace. Contacted several recovery services, most to no avail. Apparently its harder to recover funds refused at Coinbase then from scammers. According to one recovery service who said there is not much I can do. Coinbase said if they start to support USDM the 1000 will pop back up. One recovery service said to deposit 550$ in a temp wallet and then they would put the 1000 in it. i said no, as that's a known scam. |
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Does anyone know a trustworthy exchange to convert USDM to USDT.
Can not do on trust wallet. Coinbase does not accept USDM. And Multi-banks exchange only sends USDM
I personally have never heard of what USDM is but if you want to know how to exchange USDM to USDT you can check Coingecko and see what exchanges can accept this exchange but honestly I don't know what USDM is  Its a stablecoin Mult-banks only sends USDM or wires to withdraw |
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I do not advise you to use any stable currencies other than DAI, and if you do not find a platform that accepts DAI, just use USDT USDC. https://coinmarketcap.com/currencies/usd-mars/#Markets shows that you can sell this currency on LBANK, DigiFinex, Mars Ecosystem. Try creating an account on these platforms and try with small amounts. Thanks saw them But saw bad reviews about withdrawals on Reddit I could try with a few 100 and see what happens |
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Does anyone know a trustworthy exchange to convert USDM to USDT.
Can not do on trust wallet. Coinbase does not accept USDM. And Multi-banks exchange only sends USDM
I also never heard of Multi-banks exchange, but I found USDM/USDT crypto pair on DeGate DEX. Yo should check it out if it is the same token you are talking about. Compare contract addresses to be sure. https://app.degate.com/trade/USDC/0x59d9356e565ab3a36dd77763fc0d87feaf85508cthanks i looked at this briefly. Lbank amd DigiFinex are alos supposed to do it. But saw bad reviews on Reddit. I trade on h5.multi-banks and edxmarkets https://pc.multi-banks.com/#/ They have leveraged trading (100;1) and have done OK in BTC lately But only send USDM to out. Also do this https://web.edxmarkets.me/#/index |
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Does anyone know a trustworthy exchange to convert USDM to USDT.
Can not do on trust wallet. Coinbase does not accept USDM. And Multi-banks exchange only sends USDM
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