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Spot trading is good for beginners. But if the beginner determine to use only one 1x leverage and not going beyond that, he can learn future trading because it is the actual trading that is equivalent to trading forex, stocks and commodities in a way that you can either go long or short.
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Stake.com misinformed me and took hundreds of thousands of dollars in deposits from me before disabling my account so I couldn't withdrawal and I am looking from someone from management who can solve the issue with me as their complaints and legal department completely ignore me. Customer service tell me to contact complaints and legal but they just dont reply.
Stake can not just disable your account. Likely you want to withdraw after winning and they look more into your account to know if you follow the terms of service or not. Some gamblers do face this problem because it is easy to deposit on gambling sites but to withdraw is strict. Stake would have told you the exact reason why your account was blocked, can you tell us why? |
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I think we should discontinue the discussion on the gambling board, not because he created the scam accusation on gambling board, but because he created two threads about it, another one is in scam accusation board where the discussion should properly be. Stake.com stole hundreds of thousands from me ilegally
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I use my country time zone which is the best. People in their country will use their country time zone because it will be the best for them. I know the time the favorite leagues fall under if I am using my country time zone and it is the easiest.
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Is there any news or plans about OKX.ca or Binance.ca (like Binance.us,) or will they avoid providing services to Canadian clients?
What are the crypto exchange services now available to those in Canada?
I do not think that is what Canada wants, unlike United States that prefer an exchange to have US domain, US workers, servers and every other thing that make up the exchange to be located in US. So I do not think there is anything like that coming up. According to what I check just now on Cointelegraph OKX and Binance are still the only centralized exchanges that have withdrawn from Canada. Also an Ethereum decentralized exchange dYdX. Including a crypto brokerage provider, Paxos. OKX pulled out of the Canadian market in March. It was followed in April by the decentralized exchange dYdX and blockchain fintech Paxos. There are some well known international exchanges that are providing crypto exchange services to Canadians. I scrolled down this link below to check the lists of countries Kucoin is providing crypto exchange services for and Canada is one of them. https://www.fxempire.com/crypto/exchange/kucoin/reviewWell known exchanges in Canada: https://www.forbes.com/advisor/ca/investing/cryptocurrency/best-crypto-exchanges/ |
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Lead traders (traders that copy traders are copying trading from) are people too. I have heard of a lead trader that had good time and make profit, followed by bad time of huge losses. $20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.
All days can not be good, there are days that trading will not yield any profit. There are times trading will result to only losses. That is correct. Do not use your $2000 to trade. Learn trading from scratch and use just $20 to begin. Increase it to $200 and do not let it be more than that. Your experience will let you know what you should do next after you have been trading for a year. See trading like gambling. |
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Bull run is normal before halving, but it is not going to be strong enough, which would be followed by bear market again. That is what that happened recently when bitcoin got to $31000. Maybe the price of bitcoin will increase, but I am still thinking that it would decreased up to $20000 before halving which will indicate a strong buy before halving which might not make bitcoin to still be more than $30000. Halving will come and the real all-time-high bull market will become reality.
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Which exchange one would use is totally based on where they have their funds, if someone is having Bitcoins in Binance, they obviously can't use another exchange, and the only way to tackle such high fees is to simply wait for the situation to get normal and then make your transactions using Bitcoin since every platform is using this opportunity for their own benefit, especially the centralized ones.
Bitcoin withdrawal fee on Binance is 0.001 BTC. I can see OKX withdraw at 0.00016 BTC which is lower as the mempool is getting decongested. Assuming I have money on Binance, I can convert it to a an altcoin which has very low or minute fee, then convert it back to bitcoin on OKX or any other exchange of lower fee to withdraw the bitcoin. Binance does not support lightning network too, but OKX does. |
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The fee on OKX is 0.00016 BTC, which is around $4.3, unlike Binance that charges 0.001 BTC which is $26.9. You can also use lightning network for lower fee on OKX.  You can try FixedFloat or sideshift.ai as they both only charge the network fee. The support USDT but not sure they have polygon. I have used Flixedfloat in the past and it is pretty easy to use. Last time I exchange USDT(TRC20) to Bitcoin. Bitcoin and USDT Polygon are both not working on FixedFloat as both networks are temporary suspended for maintenance.  Edit: I saw the fee as 0.00027 BTC on OKX when I checked again. It is changing if I should guess, but far better than Binance withdrawal fee for bitcoin. |
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Binance is centralized and they can do whatever they like to their customers. There are other exchanges that you can use instead if you think the fee is too high.
I checked Kucoin, the withdrawal fee is 0.001 BTC which is $26.74
0.00042 BTC on OKX which is 11.2356. But there is lightning withdrawal also.
0.001 BTC on Huobi Global
0.0005 BTC fee on Bybit
I still prefer OKX to withdraw bitcoin. But exchanges have the history of using bitcoin withdrawal fee to make money from their customers.
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It was OKX before, now Binance will stop providing exchange services to Canadians. It is because Binance is not able to meet the new regulatory policy concerning stable coins. https://twitter.com/binance/status/1657099651210969088?t=iyxq7EHvzHsRxxZKgjlpRA&s=19If you are from Canada, it is better for you to move you coins out of Binance. The same reason OKX withdrew from Canada: To OKX Canadian usersThe new commitments we are now requesting from unregistered CTPs relate to the following areas:
•enhanced commitments in relation tothe custody and segregation of crypto assets held on behalf of Canadian clients;
•enhanced commitmentsto precludethe unregistered CTP frompledging, re-hypothecatingor otherwise usingcrypto assets held on behalf of Canadian clients;
•a prohibition on the part of the CTP offering margin, credit or other forms of leverage to any type of client in connection withthetrading of crypto contracts or crypto assets on the CTP’s platform;
•new commitments from controlling mind(s) and global affiliates that affect the CTPentity seeking registration and relief;
•restrictions on the part of the CTP relying on crypto assets, including proprietary tokens issued by the CTP or an affiliate of the CTP,in determining the capital of the CTP for excess working capitalpurposesand in determining the capital base of the CTP;
•enhanced commitments in relation to the filing bytheCTP of financial information with the CSA on a regular basis;
•enhanced commitments in relation to the retention of a qualified Chief ComplianceOfficer (CCO)during the pre-registration process;
•a prohibition on the part of the CTP in respect of clients buying or depositing Value Referenced Crypto Assets (commonly referred to as stablecoins)through crypto contracts without the prior written consent of the CSA; and
•a prohibition on the part of the CTP in respect oftrades in crypto contractsbased on proprietary tokens, except with the prior written consent of the CSA. |
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Try talking.com
What is that ? Does it predict the bitcoin's next big move ? Or you just being sarcastic  LoyceMobile wrote that because imgur images are having error issue on this forum and people are advised to use the uploading image site created by one of our members. Theymos recommend that also. Later your image appeared. The imp. support for me is 26500 (on daily candlesticks) . Below this, its all impulsive candles made to the upside with not much support upto 20k. Im afraid if it will do a free fall to 20k again.
That is true, it is what I think too, but nobody can know the price in long term. I will be happy to buy again at $20000, and I will be looking for all-time-high. |
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I've always seen that whenever the bitcoin tx fee soars sky high, it marks the beginning of a new sell-off cycle. Are we going to repeat it again this time? Who is to blame ? Pepe sh*t ? Ordinals ? Check the image below for reference. I'd like to know what ppl think about this.
What I think about it is that it is normal for bitcoin price to fall. If it continues, $20000 will be a strong buying price. I do not care of what cause the fall because the fall is not massive. Bitcoin is still above $26000. What is interesting me to speculate on now is if bitcoin can go below $20000 again or not. |
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USD is not only the fait that is existing. It is not only the fiat on many international gambling sites. There are many local fiat gambling sites too. If I should compare, I think fiat is still leading.
People are also using stable coins like USDT and other coins to gamble too. That is the reason those coins are listed among the coins you can use to gamble on crypto gambling sites.
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This point is most important to pay attention to because it involves the centralization of exchanges which do not have a safety factor in protecting the assets we have, especially for day traders who place large capital on certain exchanges in trading. Because there are no guarantees when we trade on an exchange, our assets are left there for a long time.
Why leaving your asset on a centralized exchange for a long time? That is not right because of hack issue. As a trader, I noticed that I keep stable coin most of the time. If you have stable coin, you can withdraw as low as $0 to $0.3 on many exchanges. If you want to trade, you open a position. After you close the position opened, you can move your money back to a noncustodial wallet. |
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This is not the problem of bitcoin, but the problem with your government that disabled internet in your country. You can use Starlink instead of relying on local service providers. Elon Musk's Starlink finally registered in Pakistan to roll out internet services. ISLAMABAD – Elon Musk's famous satellite broadband provider Starlink has reportedly registered to operate and provide internet services in Pakistan. |
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OKX sent me an email today, about the risk of using Google 2FA with cloud sync feature. That it is very risky because it is not end-to-end encrypted. Security risk notice: Google Authenticator's cloud sync feature
We'd like to inform you of a potential security risk for Google Authenticator users. Google Authenticator's cloud sync feature is not end-to-end encrypted, and poses a high security risk if you use it to secure your OKX account.
Here's what you need to know about this security risk:
- Google Authenticator stores your private keys used to generate one-time codes every 30 seconds, and is used for two-factor authentication
- When the cloud sync feature is turned on, Google backs up your private keys without encrypting them behind an additional passphrase
- This means that a malicious attack on your Google account will not only leave your passwords vulnerable, but your private key too. This allows hackers to log in to all your accounts with two-factor verification, including your OKX account.
We strongly recommend turning off the cloud sync feature and keeping the private key on your device, or switching to authenticator apps that encrypt your private key when storing it on the cloud.
At OKX, our top priority is the safety of your account and funds. For any further questions or concerns, please reach out to customer support for help.
Regards,
OKX Team I will not advice you to just turn off the syncing feature on Google authenticator, it is better you go and activate another 2FA codes on your different exchanges and wherever you are using 2FA. Do not use Google authenticator again. There are better 2FA apps. Those are better authenticators. I will suggest Aegis for Android and Tofu for iOS. |
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Budget: set it BEFORE you start gambling and stick to it.
Also that the budget on gambling weekly should not be higher than 2 to 5% of the gambler weekly income. Have a break from time to time, it is important to let your brain stop and consider.
Gambling should be for fun. It should not be what someone should consider to give a break for, but to be done at a very short period of time weekly. Gamblers should not chase losses too |
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Overcoming greed is most important thing in trading. Just use the amount of money that you are able to afford to lose for trading. Do not use leverage that can lead to fast liquidation of your trading fund. Going less than 2x leverage can be better.
Do you know that some people are good traders but they continue losing because of greed.
In addition, a trader should not be addicted. Have something recreational that you are doing. Do not let trading take your time in a way it will become a problem for you.
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