Trouble is we never received a single email notification from them and now I’m well past the deadline date.
It is your fault that you did not log in your account for many months. I did not know Binance sent notification email to their US customers weeks or months before the restriction but even I am not a US citizen, I knew that news from media. You lost the 14 days to withdraw your funds Binance Ramps Up Crackdown on US Users, Giving Them 14 Days to Withdraw FundsBinance Gives US Users 14 Days to Leave ExchangeDo you search your email and sure that you did not miss that email from Binance? Email notices sent to U.S. users give them 14 days to withdraw funds before Binance shutters their accounts for good.
“As we constantly perform periodic sweeps of our existing controls, we noted that you are trying to access Binance while having identified yourself as a U.S. person. Please note that as per our Terms of Use, we are unable to service U.S. persons. Please register for an account over at our partner, Binance US,” the notice reads.
Any, absolutely any help pointing us in the right direction would be so GREATLY appreciated.
I think you can only contact their support and hope. They use past IP addresses or KYC information to lock account. When your account was locked, you can not use VPN to log in or unlock it. Have you tried to login using VPN and not working?
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All these days, it was free or zero cost to withdraw USDT TRC20 but suddenly from today, they have changed it to 0.20 USDT. I don't know if BUSD fee was 0 from the beginning or not but now it has been decreased to 0. The target is to boost the use of BUSD. This is the manipulation of Binance. There’s more to come.
It can be a manipulation of Binance to force people use BUSD more but I think it is normal changes when one blockchain is used more, and higher transaction counts it has every day, transaction fee will rise. I don't know how the transaction fee on TRX network changes but with its adoption rise I have a thought that its transaction fee is increasing. Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions
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Bitcoin makes its new all time high many times in the latest months. Flaws, everything in the world has its intrinsic flaws. If you are considering to invest in bitcoin, you must look at it in pros and cons. If you only look at flaws, you will never invest in bitcoin. For you long posts on bitcoin flaws, it is non sense with what you wrote. It is more non sense when you skip all pros of bitcoin. Example The mining difficulty doubling every four years
How do you get this conclusion? Why do bitcoins have value? (Investopedia.com)
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Still thinking how did Apple doubled its marketcap in just 2 years ? Companies create more stocks to bonus their staffs, investors, etc. Price of stocks usually fall after a new flow of stocks are available on the market. With bitcoin, you won't see it as bitcoin has its fixed total supply. None of us can create more bitcoin than about 21 millions of bitcoin were set up to be created by satoshi nakamoto. Bitcoin need to double its price to double its marketcap. It sounds like to be a harder task for bitcoin, than any stock or company but I see it is possible task. One more block halving, price will be double and marketcap will be more than double.
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It could be a matter if the binance network will growing up like ethereum, cause a lot of projects right now use binance chain, possible in the future fee will be same as now. one solution is by creating an own blockchain like other coin does.
Bitcoin transaction fee was high, people moved to Ethereum network. Months later, they move back to bitcoin network. Ethereum transaction fee was high, they moved to TRC20 chain for their transactions. Do you think they will move back to ERC20 network? Do you think other small networks now will be small as of now forever? They will change, small to big, big to small, cheap to expensive, expensive to cheap. I think they just add the Binance chain just like USDT uses TRC20, ERC2, Omni but I don't think the project will make such a move cause once the ETH2.0 phrase 1 is complete there won't an issue of the high transaction fees. I know the huge tx fee pain but we should also do it for the love of the project, if BTC also has a high fee and we still use it why don't we use ETH either.
DeFi projects will be killed by the market and the time. Transaction fee on ERC 20 chain will be pulled back without the ETH 2.0. So with ETH 2.0 is coming, fee will become cheaper I believe so.
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With the drama on SEC, Ripple, lawsuit, suspension, delisting news in past 2 months, I strongly believe that it will be a time for something good. I do neither think they will come to any big agreement and in the future, more drama will be out. Nevertheless, if the market manipulation works as the way it usually is, after bad news, we will see, hear, read good news. Price dumps are to prepare for price pumps. Bitcoin, Ethereum are two biggest crypto and they were dumped a lot with news before the prepared time for their growth to all time high. All time high for Ripple after the meeting, is it realistic hope?
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Bad comparison. If you compare, please compare a cryptocurreny to another cryptocurrency as Bitcoin to Ethereum, Ethereum to Ethereum Classic. If you compare gold, please compare it to silver, diamond, etc.
Ethereum is the second biggest cryptocurrency and has a bone blockchain for ERC-20 projects. Consequently, I am not surprised if Ethereum has a few fold of bigger price than Gold price. The human civilization is in a new era of digital, crypto currencies and precious metals as gold will gradually lose their position in investors' favourite tastes.
With cryptocurrency, you can bring them to anywhere in the world. You can control them in your wallet. They are light, easy to use, convenient and portable.
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As a newbie, you would prioritize your capital for investment, not for trading.
- Use 80% of your capital for investment - Use 20% or even only 10% of your capital for trading. - Don't try to use leverage trading if you are not in the market more than 1 year.
80% of your investment in bull market will bring money to you, and in bad practice and if you lose your 10% or 20% for trading, you can use some of profit from investment to practice your trading again.
Always try to not use more than 20% of your capital for trading.
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Starting with 5 coins for your portfolio is a good idea. I am strong believer in diversification. So for my portfolio I have around 60% in bitcoins and the rest is spread out across multiple alt coins. In the beginning I had some money to invest so I bought all the coins at once. In my opinion it's best to just hold for a longer period of time if you don't have the time to constantly be up to date.
Capital flow in the market has to been changed from one to another and repeats over time. Diversification in a bull market can help you to enjoy as much parties as possible and increase the total times of your capital investment - take profit - reinvestment. It is applicable in bull market but in bear market it does not work. If you don't diversify your portfolio in bull market, you will lose your patience if the coin you are holding does not increase after few weeks, few months. You shake them out and believe me, not too late after that it will rise too much.
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I think testnet3 is more valuable
Testnet coin is used for testing purposes as it should be. You wrote testnet3 and you would know that there are 3 generations of bitcoin testnet. If bitcoin testnet 3 generation has value, bitcoin developers will create bitcoin testnet 4 to force the bitcoin testnet3 to fall back to zero value. It is a fraud if you are invited to trade bitcoin testnet with real value. I know bitcoiners have to spend money for bitcoin mining rigs to mine bitcoin testnet, but official trade it is fraud attempts.
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I however have noticed some youtubers showing their trades they have running for months , like im talking 3- to 7 months im not kidding.
Please ignore youtubers. So i dont really get it, unless maybe there is a general rule as not to use a certain level of Leverage?
So maybe minimum is 3x ? and like u say not more than 2 weeks maybe ?
Sometimes though if they say its really a long term trade , and we have to wait on market movements, then would 3-4 weeks be considered fine?
If you want to do some trades for a long time, more than 2 weeks, please do it with spot trading. I rather leave my leverage trade position over 24 hours. Profit or loss or draw, I exit my position. I do try to make a draw or small loss when I exit but the point to do this is control risks. You can see that indicators change by time and undoubtedly that they are manipulated. The longer you leave your position opens, the longer indicators have time to change. Your risks consequently will become bigger. You do have some positions give you big profit but some of them will give you huge losses. Leverage, I don't use more than 5x and I mostly use 2x
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So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?
I don't think BTC was intended as the speculation tool it has turned into .
Who on here regularly makes purchases using BTC ?
Your question and assumption are not appropriate. Who will be able to freeze bitcoin price, today, tomorrow, next year, next decade? Bitcoin network is decentralized and if mining farms will be shut down by governments, bitcoin will still be mined by retail miners, at homes and anywhere else. Bitcoin difficulty will be adjusted each 2016 blocks and if huge mining fars are off, its difficulty will be slowly fallen. Some days, you will be able to mine with GPU again. But it is unrealistic, as I do neither believe any entity can shut down bitcoin network nor freeze bitcoin price.
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Hello, I would like to know if there is a bad side to a long term trade say 1-2-3 weeks or 1-2 months - meaning , paying for the fees to have it running? versus the gains u make? I notice there are long term traders but i am curious as to how they manage this or be mindful of it. Is it really an issue?
Many issues you might (or not) have with long term leverage trade positions - You will be charged a lot of fee, funding rate. - Your leveraged positions will be affected by market changes that can be minor or major. You will be lucky and safe if the market won't change much in the opposite direction against your position. In contrast, your position will be liquidated. - The longer time you leave your position opens, the harder you can not control it. - Leave your leverage position opens for more than 2 weeks is very terrible and I don't imagine how terrible it is with 1 or 2 months.
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You can simply use Nominex tokens to reduce trade commissions from 50% to 70%, it is good way of usage as for me If the NMX token is used only to get fee reduction, it will not be used too much. The token need to be tradeable on Nominex exchange and others, centralized and decentralized exchanges like Uniswap. Holding a token that can not be traded anywhere is not interesting but it is currenty usecase of NMX token. Future can change its usecases with more activities from the team: listing on other exchange, and partnerships.
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Maybe we can say that avalanche blockchain is better in ethereum blockchain in terms of there transaction speed and fee and its more convenient than eth. That is why ethereum developer must fix every issues and problem that many crypto enthusiasts are having right now or else a good number of them will shift and patronize avalanche blockchain.
Developers of new projects always say their projects are better than old projects and can bring innovations to blockchain technology and society. Same goes for Avalanche. I don't judge this project is a bad one but has anyone thought that there are more projects that have low total supplies and why? What are purposes of low total supplies? Simply use this to attract investors and get hype with price in early days. What will happen in later days? Values of projects and prices are not decided by total supplies. I think avax could have a great future, they have now built the bridge as well, which means anything on ethereum blockchain could be wrapped and move to avax, that way you could move a lot more freely there and you could potentially get cheaper, faster and better transactions there as well.
It is one of the best new projects but I doubt about long run success with new projects are born in bull market. Let the time tells us.
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yes, I tried to deposit some AVAX in binance, it didn't take long, you can say that in terms of speed this coin is fast enough for transactions, and in terms of price it also seems that this coin has great potential in the future. in just 2 months, from the very beginning when this coin was listed on the exchange $ 2.80 and now it has reached $ 29. quite impressive to me
With crypto transactions, you have to care of safety, transaction fee and speed. Safety would be the first if you are moving a big capital or just big portion of your capital. You can choose many altcoins with cheap fee and fast speed for transactions, but their total hashrates are low and your transactions can get troubles with exchanges if you move them in the times of replay attacks. I can't say otherwise, Avalanche and Polkadot have been the best projects for me since 2020, no project comes closer like this two but don't you think it's too much to compare Avalanche to Ethereum? I mean Ethereum is a old altcoin and Avalanche isn't, meaning avalanche have a long way to go, using speed in transaction isn't going to make any difference because we already have too many altcoins that are fast as a lightening
Polkadot is better than Avalanche but they are too young and with bull market, you will see more potential projects. Not all of them will be able to show up their potentiality with the bear market. Go ahead but just beware of risks from young projects.
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It will become popular in the future and it's not for now and why? This is the reason https://twitter.com/cz_binance/status/1358682856344543232I know that avax is a good chain but binance has been starting to take over the domination that already made by ethereum. It shows the similar chart to the ethereum. CZ and Binance are smart and they've never stop building their ecosystem bigger and bigger. They are quicker and and go ahead other exchanges and those strategies help them to have a solid leading position in crypto. People can say Binance mimick the Ethereum but who cares when code is open sourced. With the cheap fees Binance provide for users if they use BSC for transactions, the chain will grow more and the fractal is interesting. I don't think Ethereum will lose its position to Avalanche or BSC as ETH has a huge ecosystem behind and other projects have a far distance to reach ETH. Price of AVAX or BSC can be higher than ETH but their ecosystems will not reach to the level of ETH's.
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Press release. Finally Elon Musk and Tesla publicly or undirectly announced they invested in bitcoin and maybe in crypto. Bitcoin is rising again by another celebrity. It is a year of news, pumps and dumps, social media are used as much as possible by whales. So maybe Elon was already buying btc and doge even before the time that he was tweeting about crypto. And now, we are hearing that they just invested in bitcoin. I believe he also has a bunch of doge in his crypto portfolio and other important alts. Really great news to the crypto community, big boost in bitcoin price, finally surpassing the 41k mark.
Elon Musk likely bought crypto more than 1 year ago, up to 2 year when he began to make funny tweets with Dogecoin. Elon and Tesla give bitcoin a reason to claim its new all time high $43000
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