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1  Economy / Exchanges / Re: BTCC exchange shut? on: May 18, 2019, 05:17:44 PM


When did you receive that email? Just now?

[/quote]

They haven't sent out a mail till date asking the users for withdrawing assets. Just posted an article on they site, no prior intimation. Its a very reputable exchange, strangely they have not handled this in a smooth manner.
2  Economy / Exchanges / BTCC exchange shut? on: May 18, 2019, 08:27:31 AM
The exchange hasnt sent out a official mail to the users but their site isnt opening. On checking their exchange telegram page it shows a screen that they are stopping operations.

Tried contacting support but no response yet. Is there any admin for BTCC exchange here or can someone guide in the right direction?
3  Economy / Exchanges / Okcoin & BTCC international exchange ~20% price surge for USD! on: May 25, 2017, 09:58:00 PM
All South Korean and Japanese exchange rates are off to the stars due to their own internal reason. So buying on their exchanges is pricey if you deal with their local currencies.

All major and veteran global players(poloniex, kraken, bitstamp, bitfinex, gdax etc) prices are around $2400ish(at the time of writing) and so are the prices at the CNY exchange of BTCC and Okcoin, but USD exchange of these two giants from China are in the $2800 range. Thats a massive difference for the same base currency. Whats driving the USD exchange of BTCC and Okcoin to surge in such a manner? Even their volumes are lower compared to their respective CNY exchanges.

For the same base currency a difference of around 100$ among the top exchanges happen on and off but this is beyond understanding.

Is it due to lack of liquidity for USD in Chinese exchanges?
Is it due to excess demand for USD/XBT pairing? if so why?
any other reason?
when will this stabilize and be competitive with the rest of the pack?
4  Alternate cryptocurrencies / Altcoin Discussion / Re: How to buy USDT? on: February 12, 2017, 12:32:47 PM
I have only USD with me and want to buy USDT. I do not have any BTC nor any other cryptocurrency. Since USDT is accepted widely I want to buy it but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?

Kindly guide me.


What do you mean by "USDT" accepted widely? you mean accepted as in accepted to buy other cryptos? because I dont know a single business accepting USDT for payments.

Im not sure but I think the only exchange with relevant USDT volume is Poloniex:

https://poloniex.com/exchange#btc_etc

Im not sure about any way to buy USDT directly with USD, so simply buy BTC then USDT if you want USDT.

The reason USDT is only available on Poloniex is that it is a currency made by them. It was made to make traders' lives easier, they can save their profits in a currency that always has the exact same value as the dollar, minimising risk of losing money through a cryptocurrency decreasing in price. It is fairly well-established and trustworthy, but I wouldn't advise storing Tether for long periods of time, since if Poloniex experiences problems in the future, Tether may be at risk.

If you or anyone here has used tether can you help me with these details?
how much time does it take to verify my tether account?
can I deposit into and withdraw my tether account 24/7?
how much time does it take for the amount once I transfer from my bank account to reflect as USDT balance in the wallet?
5  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to convert USD to USDT? on: February 11, 2017, 06:18:45 PM
I would like to convert my USD to USDT. I do not have any BTC nor alt coins, I see usdt is accept in multiple exchanges but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?

USDT is Theter money used to deposit usd in majority biggest exchange(poloniex, bitfiniex..)

create account in https://tether.to/ and load money from your bank


Thanks for the response. Just to get a clear understanding, Once i create a tether.to account and link my bank account to it, what is the time line?
ie. how much time to verify my tether account?
can I deposit into my tether account 24/7?
how much time for the amount once I transfer from my bank account to reflect as tether balance in the wallet?


before do it, be sure that you country not belongs to limited country list.

"In what countries and states does Tether have limited functionality?

Tether is committed to operating in a secure and transparent way, while adhering to all government compliance and regulations.

For this reason Tether does not operate in countries and U.S. states that do not regulate virtual currencies.

Current countries with limited functionality:

Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic People’s Republic of Korea, Ecuador, Guyana, Indonesia, Iran, Iraq, Lao People’s Democratic Republic, Myanmar, Namibia, Nicaragua, Pakistan, Papua New Guinea, Sudan, Syrian Arab Republic, Uganda, Yemen, Zimbabwe

Current U.S. states with limited functionality:

Delaware, Georgia, Hawaii, Idaho, Kentucky, Ohio, Tennessee, Virginia, Washington, Wisconsin, Wyoming"

I am not in any of the regions mentioned in their list. If you have used tether can you help me with these details?
how much time to verify my tether account?
can I deposit into my tether account 24/7?
how much time for the amount once I transfer from my bank account to reflect as tether balance in the wallet?
6  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to convert USD to USDT? on: February 11, 2017, 11:46:21 AM
I would like to convert my USD to USDT. I do not have any BTC nor alt coins, I see usdt is accept in multiple exchanges but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?

USDT is Theter money used to deposit usd in majority biggest exchange(poloniex, bitfiniex..)

create account in https://tether.to/ and load money from your bank


Thanks for the response. Just to get a clear understanding, Once i create a tether.to account and link my bank account to it, what is the time line?
ie. how much time to verify my tether account?
can I deposit into my tether account 24/7?
how much time for the amount once I transfer from my bank account to reflect as tether balance in the wallet?
7  Alternate cryptocurrencies / Altcoin Discussion / How to buy USDT? on: February 10, 2017, 02:50:58 PM
I have only USD with me and want to buy USDT. I do not have any BTC nor any other cryptocurrency. Since USDT is accepted widely I want to buy it but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?

Kindly guide me.
8  Alternate cryptocurrencies / Service Discussion (Altcoins) / How to convert USD to USDT? on: February 10, 2017, 12:29:40 PM
I would like to convert my USD to USDT. I do not have any BTC nor alt coins, I see usdt is accept in multiple exchanges but how do I convert USD. Whats the best way to proceed and could anyone share their experience with tether.to?
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