In my opinion, staking is more reliable when it comes to staking known coins. Yield farming is often accompanied by earning new tokens by delegating your valuable tokens, such as ETH. Whether those new tokens that are given to you as rewards will have any value is a big question, plus those tokens are often hard to sell due to lack of liquidity or they have high slippage. I would choose staking.

If we are talking about decentralized marketplaces, then of course we should pay attention to Magic Eden and Blur. In my opinion, these are the top NFT marketplaces right now. Magic Eden, mainly focuses on Solana blockchain, and Solana blockchain just recently surpassed Ethereum blockchain in terms of trading volumes on the NFT marketplace. These are the marketplaces I recommend paying attention to.

NFT should not be considered as a long-term investment, so it is better to refrain from such purchases, almost all NFT in the long run do not grow in price, but decline, pay attention to this sad statistic.

Companies, like exchanges, come and go over time.

Bitcoin, on the other hand, is here to stay for the long term.

If you keep your bitcoin in your own cold wallet, it will be there tomorrow, and in the next few years.

If you trust your bitcoin with a third party, well, anything can happen, and you are not guaranteed to see it tomorrow, or in the next few years. The reason why the company doesn't have your bitcoins will be irrelevant, it can be many things.

Was the withdrawal amount large or not compatible with the traditional withdrawal processes, because sometimes the bank may have requested those data from the platform, and therefore they asked you for it.

They won't ask you for this data all of a sudden something happened that made their systems increase the level of risk on your account.

Unfortunately, CEXs have started asking for a lot of data recently. In the past, photocopying passports and any home bill was enough to prove your identity. Now you need to create a video and verify a lot of things. So if the amount of trading you do is a little, I suggest you start experimenting with bisq or any DEXs, otherwise you have to be Ready for any data that may be asked of you.

Not all users prioritize the same level of security or have the same technical knowledge when storing cryptocurrencies. I found that while Ledger did face criticism for their handling of the situation, the incident did not directly affect the security of the hardware wallet itself. The compromises related to the disclosure of customer data remain intact. It's worth mentioning that if open-source hardware wallets are your top priority, then you should consider Trezor, Coldcard Wallet, and BitBox. These wallets have been known for their commitment to open source principles, allowing the community to review and verify code for added security.

Both of you are very much on the money with your opinions. The fact is that we don't have a crystal ball so we can't be sure if it will play out in a way where people can still survive tyranny or if it will be a dystopian chain of events that forcefully effects freedoms.

I think that if Monero and Zcash (as well as other privacy protocols) don't sell out and maintain the integrity of their systems, then regulation shouldn't matter too much. Security is in the hands of developers as well, but to an extent also in the hands of the user.

I just hope that when the transition is toward its completion, that people can still work their way around the forceful use of CBDCs and have a way to maintain privacy legally.

Oh, that's a topic we could discuss for months

The higher "transaction speed" (smaller block time, more precisely) has also disadvantages (more orphan blocks). But I read that Litecoin's "speed" with current Internet bandwidth/latency is doing well (some years ago already, so I don't remember the link), and we have to take into account that ETH had a much shorter block time even when it was still running with PoW. In 2009 however, Bitcoin's values were more reasonable.

You could also mention MWEB of course as an "more advanced" feature.

But one does not have to forget where most of the other innovations Litecoin has adopted came from: Bitcoin. I think "on its own" it unlikely that the Litecoin devs were to develop Segwit and Taproot, and many more innovations.

Basically I consider the differences the result of design decisions based on the stability/feature richness equation. Litecoin can be a bit more cutting edge and experimental with features like MimbleWimble, where a more thorough testing/discussion would be needed for BTC.

BNB is unlikely to fall below $200, unless there will be some serious events with Binance, which will contribute to the decrease in the rate and prosecution of the exchange by the regulators. In my opinion, such events are unlikely. Right now the price is not so high to invest in the long term. I think in 2-3 years, the price of BNB may reach $1,000 and bring a few hundred percent return from the current marks.

Blur is a newcomer NFT marketplace that has even surpassed Opensea in volume in the last 30 days, so for now the most suitable place for you in my opinion is Blur. Apart from Blur, you can also explore X2Y2, LooksRare, SuperRare.co and Element. For a complete list, you can look for it on DappRadar, the link I embedded will show you the NFT Marketplace which also supports the Ethereum network.

it's been paid

Yes, the huge transaction fees are making ERC tokens useless. I have a couple of tokens on my wallet of value around $20 but what I'll get by transacting them is net zero. Put some eth for fees allow access to uniswap, exchange the coins to Ethereum and get those ethereum back to my personal wallet, I'm getting exactly what I sent for tranaction fees. Ethereum is still a good trading pair is centralized exchanges but there's no way it could get volumes in dexs and dapps. There are many alternatives to it but whenever one of them gets much attention, the fees rises again making it less attractive. Still the fees would be much lesser than ethereum network.

Never gone through but I would guess... different exchange could have different policies.

Were you trying to go for 'Intermediate' level? According from their self help article, kraken is treating the tier "like opening a bank account"


Meanwhile, 'Express' tier only requires the last four digits of your SSN, was this not available to you or it just did not fit your use case?

Better how? They are build for completely different reasons, other one is keeping chain secure and other is being a liquidity provider. I don't think they are comparable in any other form than their APY

With staking your money is relatively safe, and while yield farming might give you way more APY, but at the same time your money is far from safe as there's a risk of impermanent loss. Not to mention possible DeFi protocol code vulnerabilities.

Binance has one.

https://www.binance.com/en/nft/home

But for other marketplaces for NFTs, there are a lot on this list[1] where you can look at different marketplaces that you like. It includes combination of ethereum, solana and other chains. So, check and see for yourself each of them maybe the one that you're looking for is there.

[1] https://dappradar.com/rankings/nft/marketplaces

The easiest time to buy is actually in the bear market as almost all colors of shitcoins can still pump in the bull market, but I prefer to avoid coins that have been involved in lawsuits with the SEC. Take an example of XRP. Yes, it did try to pump, but it underachieved in the last Bull run. The same thing is most like to happen to BNB if that case drags on for a long time.

That's right, some BTC are already lost forever, some BTC are going to be lost in some time. This will lead to deflation. However, the other thing that affects the possibility of deflation is adoption level. If the adoption level is high, and BTC is used everywhere, then continuous money loss will bring true deflation. And if adoption level is not so high, then the overall amount of coins probably won't affect the value of BTC.