BitFinex Reopens Registrations! Join ASAP!

in bitcoin •  7 years ago 

Loads of exchanges closed registrations lately, currently one of top volume ones opened them again!

Just currently you need to deposit at least 10 000 USD worth of cryptocurrency to be able to use the exchange. This is less than 1 BTC but still. If you dont have that, you will not be able to trade.

Due to high popularity of cryptocurrency now i assume more and more exchanges will add such rules to keep servers less loaded.

I suggest to REGISTER NOW and have account since they may close again.

Keep in mind this exchange allows margin trading too and just with 2.5% leverage - very easy to make money there by HODLing position.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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Do not trust Shitfinex with your money - they have a huge list of past controversies and I've personally witnessed their chief strategy officer drunkenly ramble about how they trade against their customers and manipulate orders.

I'm really kinda pissed that you would resteem this terrible advice with your referral code from the minnowsupport account @kingscrown . Your resteem permissions have been revoked.

none exchange you can trust, but if you want to trade you have too.
this is not a review or suggestion about BFX, its an information for people who want to make account there and couldnt before

My new goal in life is to get to 77 rep so I can flag shit like this all day long and for it to count. Shilly shit shouldn't get self-voted to the front for thousands of dollars a pop. There's no way he can't know Bitfinex is finessing people this late in the game with all the info out there.

If you had a 89 rep, and lesser SP than his, his rep would still rise due to his self upvote exceeding your downvote.
Also, even users with negative reps can have their posts fully visible if they are net upvoted.

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Hey @charitybot, what does GOX'd mean?

Mt. Gox, my friend. Except that was a .1 on the richter scale and this is going to be over a 10.

Which exchanges do you recommend?
Only blocktrades let me register, and later let me log in too, but when I tried to use it from within my wallet here I got an error message.
Do you use decentralized exchanges?
I hope so much that there is more than bitshares in this category.
Which ones of them deal with Steem?

I'm struggling to recommend any of them at the moment - I've been using Blocktrades and Bittrex mostly. I was using bitshares but liquidity is a problem. Afaik bts is the only decentralized exchange dealing with Steem so far :(

Binance?

I've trusted binance lately but you never know these days. One of the reasons I trust them is cause they want to implement a decentralized exchange in the near future.

What about hitBTC exchange? I ask because I saw SBD over 15$ last few days. Some say they are scam and some they had no problem with them. Not with SBD, in general.

i've been with hitbtc for over 2 years so defo not a scam
they do have a fair amount of tech issues withdraws getting stuck and etc but it recently got a lot better since they installed a system health tab where u can check ave transfer times and network issues

I heard people coudn't withdraw their money for many months and that fees are high. Did you try SBD trading and withdrwal from hitBTC?

learning. will look into blocktrades as i feel its easier to manipulate and fast. thanks for supporting me and i mentioned you in my milestone post of today . hope you dont mind. thank you sir @ausbitbank

Bittrex and BTS.

the ones with steem and sbd i personally use
hitbtc
bittrex
poloniex

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Just buy the coin in bitfinex, put it in a razor or ledger and hodl, the cryptomarket is heavily unregulated so of course there are exchanges scamming their clients, but no exchange can scam their clients if they are just hodling the coins inside a wallet.
I use binance, i trust in binance, but my coins are kept safe inside a wallet, hodling until 2020 or until i die xD what do u think about binance BTW?

Great advice! Make sure you own your own keys and just use exchanges for making trades and holding short term trading positions. Everything else, move into hardware wallets.

Agreed..!

I will never ever use Bitfinex after reading about the USDT shit, very very sketchy organisation, in my opinion.

Please have the decency to let people know when you are hiding ref codes behind invite links.

i know u like socialism but this is my blog not yours.
since i have 19k followers let me be the one giving blogging advice when needed.

lol who cares that it's your blog, your referring thousands of viewers to a shady exchange and using MSP to resteem it as if you didn't have enough followers to damage. Ease up on the greed bro, especially upvoting your short comments to 30$+ at the end of the week.

Flagged for self-voting your shit comment to the top.

lol

enough fights for today :)) have a good one!

I dont think you get to say it was a "shit comment" when this thread is now longer than your entire post....

I didn't self-vote it, but now I will.

Lol, a 10k requirement for new users. Bitfinexed was right, it's happening right before our eyes. The exchanges are all about to get GOX'd.

  ·  7 years ago (edited)Reveal Comment

I'll be honest with you, which decentralized exchange has a hard fiat exit point? They all require some form of relative price strength to be maintained in order to not collapse. And you're still going to have to find a way to get your stuff out in time.

And how much volume is done at exchanges only stocking tether compared to the ones that don't? This stuff is about to get real confusing and real messy and real heartbreaking for many, real fast.

10k usd to start trading

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crypto exchange

Does someone really get an author award for upvoting their own crap?

yes, as much as if someone else with the same effective voting power would have upvoted them.

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Yes, which is why most new users don't stay for long.

wat app?

Nice!

good information thank you

That's the good news. I have been wanting for it as there are certain coins which I can't trade on Binance.Com

that's a good news I've been waiting for. Thanks for sharing

So they allow you to trade on margins? Do they make margin calls? Where is the liquidity to make margins coming from? How much insterest do they charge?

Thanks for the offer, but I'm no fan of Bitfinex, and I strongly encourage all of you to do some research of your own before joining.

its one of the best exchange

Yes brother

Yes brother

Easy to make money holding until a crash, when you are heavily leveraged and you lose your shirt!

Good to know hopefully bittrex and binance will follow, because i believe if these markets can re open we will have another huge run upward. These huge markets play a key role in the growth of all the cryptos listed. So it will be benefitial for everyone if they will open there doors again!

That would would be a great opinion. Thanks for that @bartcadi following you already

Well em the comments are a bit 😱😱😱😱.
Is there any other important piece of information we really really need to know about this?

Almost got a heart attack when I lost my 2FA. I thought I had to make one account again. Of all the 2FA's I had, this exchange was the one without backup because it's one of the first exchanges I've had. Good thing they solved it out in a week!

What can you trade there,that you can't trade anywhere else??

Thanks for this great post, I have upvoted with whatever Steem power I have. The message is clear and loud they don't want small players & beggars. They want Whales & sharks, it is unfortunate to see such discrimination in crypto space, I was wondering what will happen to account opened earlier, now people will start selling those.
Meanwhile I have written an article please check out.
https://steemit.com/cryptocurrency/@saadithya/cryptomillionaire-starter-kit

Don't get https://twitter.com/@bitfinexed !

Seriously, if this doesn't scream run the hell away from the platform, I don't know what does. This is even more obvious than the referral scam coins, at least those didn't just flagrantly state that they were running out of money and need tons of cash. Every exchange seems to be having liquidity issues. They're all acting "weird" in the "if you fall for this trap you deserve to lose your money you greedy idiot" kind of way. They're literally at the heart of the multi-billion dollar Tether problem.

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Hi.. I chose you to be my proxy.. is there any benefit?

wow
()

No this is wrong bittrex will open Registration soon
And who need bittrex account then contact me i have 3 accounts

it closing due to heavy transaction they cannot handle it. Maybe it add some staff. Nice update post

That minimum requirement of $10,000 will limit a lot of poeple. DONT SUPPORT THIS TYPE OF ACTION FROM BFX! This is the same behavior that major stock exchanges like crooked wall street. I would just go to bibox or kucoin. Heres a link to kucoin. https://www.kucoin.com/#/?r=7HQbdg

10k usd minimal deposit to start trading a bit too much for me.

Wait a minute, of all the exchanges you could join, why Bitfinex? I narrowly escaped their last exit scheme. They're probably about due for a new one involving some type of Tether fraud.

I know right. Coinbase is pretty good.

ye only about 8% handling fee! ripoff

I'm going to create an account now.

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This is one of the best exchange. Thank for sharing @kingscrown. Following you right away

good news

Looks like they want to go for "quality" customers than quantity

Nice @ace108

I do not see any advantages, when they are asking for a minimum 10.ooo $ that move away all types of investment, both small and medium ,,,,

Thanks for the information :)

well this sucks... no support for the usa? ughhh...

All they need to do now is let us short crypto!!!!

I'm always anticipating a post from you, thanks for this enlightenment, I hope to learn more from you.
I just dropped a post on COPING WITH STRESS, I believe it will impact you as well. Thanks

This information is very helpful to me in understanding steemit because I need to learn from senior and profesiaonal steemit. My permission follows you and I hope you vote.
Thank you in advance

wow interesting post very informative

how do you get those tags at the end of your post?

Thanks for your valuable, informative post.
I will wait for your next post.
Thanks.

Take advantage that many are no longer accepting registration as Bittrex did our main for Steemit.

It is better to have it and not need it than to need it and not have it.

Greetings from VENEZUELA a big hug for you I hope we can keep reading to you

i think this is the best crypto exchange

👏👏

Thank you sir for sharing very informative post sir @kingscrown

Outstanding perfomance for bitcoin...
Thank's for sharing

                                      RESTEEM DONE !!!

this is a great opportunity for those who want to invest, thank you for sharing information with us

this can help a lot thanks

i joined them a long time ago -- wow -- bloody high to have to invest $10000 to trade -- upvote for u - rock on -D

$10,000 minimum is definitely a stretch for a lot of people.

Great news, I may transfer from Bittrex!

I guess this will not help to speed up the exchange. Most people will only register. But more people will login and watch the order book and will slow down the server. Also they will ask more questions, so customer service will respond more slowly

@kingscrown, I was about to run an open an cccount on seeing the title of the post but after reading through realised that I won't be doing it... 10k for openign an account - too steep!

This is timely valuable info! Thank you!!

Excellent information but question how to earn crypto equally 100,000 US dollars on Steemit!
You are right now exchanges will set New rules to to avoid rush of new comers.
Thanks for information @kingscrown

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Only the early users of these exchanges enjoy using them, I will advise everyone to get registered with every new exchange out there, so that they do not experience this situations anymore.

Good

မင္းေမငါလိုးလား fuck you minnowsupport has expire
fuck'ALL

10k my ass, Bitfinex

I had an account, but they decided to shut out U.S. citizens, so what use was it? Anyway, $10,000 is crazy - I suppose they feel like they don't need minnow customers.

This is new exchange site to me, will think of it, thanks for sharing it on #steemit. 😊

Finally! Now just need $10k...

I never tried Bitfinex, I recently switched to momentum trading and i CAN NOT GET AWAY FROM BINANCE! Good work helping secure the future!

Good to know! Kinda sucks you have to load 10,000 just to signup! :(

Never previously heard about this. I don’t prefer trying too many newer options, as I feel it’s better to go with established options. Then we need to pick something solid to trade on as well. I am seriously looking at “Circle” it to me is really the way to the future and bright one! https://www.circlenet.io/

@kingscrown what is your upvote worth?

I would like to write an Blog about the most valuable Steemians!

@kingscrown what is your upvote worth?

I would like to write an Blog about the most valuable Steemians!

So... basically it's not affordable for most casual traders/investors..

Yah but are they allowing US customers? Cuz they were not.

It is crazy.

With all these exchanges halting new members, there should be an exchange made for all the people trying to sell their accounts! An Exchange Exchange!

Great,thanks for sharing,let me join it

don't they have an inactivity fee?

The best business model. We don't want small timers around, only whales with big wallets to toss weight around in our exchange. Then we rob the fat cats. Can't say I hate the idea. At least they are only going after the big fish.