BitMEXSignals Posted October 7, 2021 Author Share Posted October 7, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal We are the Number# 1 Community on Telegram providing free Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven. All our Elite Members get Daily Futures Signals as per the Market with high a accuracy of 90%+ on an average with proper take profit and proper stop loss including leverage.These signals are provided by our Experts who are in Crypto Industry for more than 5 years We also offer Binance futures, Bybit, FTX, Coinswitch, CoinDCX Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. We execute trades in our live master accounts using our capital. Then through cutting edge technology, our Bot copies the trade on your account - It is all automatic without any manual intervention (#Below you will see the Premium Signals Results for (6th October 2021) #OCEAN-USDT - 43% profit #THETA-USDT - 18% profit #ICP-USDT - 15% profit #DGB-USDT - 50% profit #MASK-USDT - 28% profit #KEEP-USDT - 44% profit #SFP-USDT - 46% profit (Net Profit = 244% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 8, 2021 Author Share Posted October 8, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal Cornix Bot is one of the best bot to make profit. It has all the features to make for a great smooth automated trading. Its a complete telegram based bot and you dont need to have any computer, system or VPS. We also offer Binance futures, Bybit, FTX, Coinswitch, CoinDCX Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market WE also provide Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven. All our Elite Members get Daily Futures Signals as per the Market with high a accuracy of 90%+ on an average with proper take profit and proper stop loss including leverage. These signals are provided by our Experts who are in Crypto Industry for more than 5 years (Below you will see the Premium Signals Results for (7th October 2021) #ALPHA-USDT - 21% profit #ATA-USDT - 37% profit #DYDX-USDT - 25% profit #SHIB-USDT - 426% profit #TRB-USDT - 47% profit #KEEP-USDT - 83% profit #XMR-USDT - 62% profit (Net Profit = 701% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 10, 2021 Author Share Posted October 10, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal BEST Crypto trading channels on telegram in 2021 high quality Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven with high a accuracy of 80-90%+ on an average with proper take profit and proper stop loss including leverage. The Most Consistent & Transparent Signal Service in the Market. Trade the Market With Accurate Signals in Real-time We also provide Binance futures, Bybit, FTX, Coinswitch, CoinDCX Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. (Below you will see the Premium Signals Results for (9th October 2021) #XLM-USDT - 23% profit #SHIB-USDT - 25% profit #CELR-USDT - 270% profit #ONE-USDT - 25% profit (Net Profit = 343% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 12, 2021 Author Share Posted October 12, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal WE provide high quality Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven with proper take profit and proper stop loss including leverage. We hold an accuracy of more than 85% which allows us to have a very little drawdown and maximum profits. All results are verified. We are here since 5 years and are the largest Crypto trading Signals group on telegram. We also provide Binance Future, Bybit, FTX, Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. (Below you will see the Premium Signals Results for (11th October 2021) #XTZ-USDT - 41% profit #THETA-USDT - 44% profit #REN-USDT - 14% profit #OMG-USDT - 34% profit #ATA-USDT - 55% profit #DYDX-USDT - 26% profit (Net Profit = 257% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 13, 2021 Author Share Posted October 13, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal We believe in accuracy and quality over quantity - All our Signals are posted after detailed analysis - Signals are informed to all our Members very early in advance thus any trader from any part of the World can easily take position. WE provide high quality Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven with proper take profit and proper stop loss including leverage. We also provide Binance Futures Bittrex, Bybit, Kucoin & FTX Bot copied all Signals via Cornix BOT on your Account. You don’t need to spend hours in front of the charts and news channel everyday. We do that for you while you can spend that time elsewhere. You can have our service and make money while you are on a job or spending time with your family. (Below you will see the Premium Signals Results for (12th October 2021) #LUNA-USDT - 64% profit #ONT-USDT - 54% profit #CELR-USDT - 74% profit (Net Profit = 192% Profit Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 14, 2021 Author Share Posted October 14, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal Largest Crypto trading Signals group on telegram which provide Binance Futures, Bybit, Kucoin, Coinswitch, CoinDCX & FTX Bot copied all Signals via Cornix BOT on your Account. Earn daily 5-10% from this bot in our Account. This Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. WE also provide high quality Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven with proper take profit and proper stop loss including leverage. We hold an accuracy of more than 85% which allows us to have a very little drawdown and maximum profits. All results are verified. Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 15, 2021 Author Share Posted October 15, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal We are the largest Binance Futures, SPOT, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven signals provider on telegram in 2021. We believe in accuracy and quality over quantity - All our Signals are posted after detailed analysis - Signals are informed to Elite Members very early in advance thus any trader from any part of the World can easily take position. All with signals are with proper take profit and proper stop loss including leverage. These signals are provided by our Experts who are in Crypto Industry for more than 5 years WE also provide Automated Binance Futures, ByBIT, FTX Bot which copied all Signals via Cornix BOT on your Account. You don’t need to spend hours in front of the charts and news channel everyday. We do that for you while you can spend that time elsewhere. You can have our service and make money while you are on a job or spending time with your family. This Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market (Below you will see the Premium Signals Results for (13th - 14th October 2021): #BEL-USDT - 722% profit #LIT-USDT - 136% profit #AVAX-USDT - 50% profit #DODO-USDT - 150% profit #DOT-USDT - 218% profit #ONE-USDT - 19% profit #RLC-USDT - 185% profit #ATOM/USDT - 18% profit (Net Profit = 1498% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 17, 2021 Author Share Posted October 17, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal Binance Futures, Bybit, Ftx, WazirX, Coinswitch, CoinDCX Auto trading Bot. This Bot follows the Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. Binance Futures – that allows traders to use leverage and to open both short and long positions. After our first look and test positions, we can say that the platform is very similar to that of Binance's spot exchange, which makes the transition very easy. Free Binance Futures, Bybit, Ftx, WazirX, Coinswitch, CoinDCX, BitSeven, Bitmex & Bittrex signals with an accuracy around 80-90% & All signals are given with proper take profit and proper stop loss including leverage. We are the Worlds Number 1 Crypto Signals provider on Telegram With Binance Futures Signals, you will learn how to profitably and permanently trade your crypto. Binance recently launched a future trading platform referred to as Binance Futures. The platform allows traders to use leverage and to open both short and long positions. A close analysis of the platform shows that it has similar features as those of Binance’s spot exchange. The platform provides a simple trading experience with its intuitive design. (Below you will see the Premium Signals Results for (15th October 2021): #DODO-USDT - 309% profit #LIT-USDT - 129% profit #MATIC-USDT - 34% profit #KEEP-USDT - 510% profit #BAL-USDT - 36% profit #GTC-USDT - 14% profit #KSM-USDT - 71% profit (Net Profit = 1103% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 18, 2021 Author Share Posted October 18, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal BEST Binance Futures, Bybit, FTX, Coinswitch, CoinDCX auto trading Bot trade which copied all your signals via cornix Bot in your account which makes earn 4-8% daily from this Bot. This Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. WE also provide free Binance Futures, Bybit, FTX, Kucoin, WazirX, Coinswitch, CoinDCX Signals Group on Telegram in 2021. We hold an accuracy of more than 85% which allows us to have a very little drawdown and maximum profits trade on daily & All signals are given with proper take profit and proper stop loss including leverage. We are the Worlds Number 1 Crypto Signals provider on Telegram (Below you will see the Premium Signals Results for (16th October 2021): #CHR-USDT - 80% profit #GRT-USDT - 79% profit #LINA-USDT - 209% profit #REEF-USDT - 169% profit #AKRO-USDT - 200% profit #BAL-USDT - 78% profit #KSM-USDT - 71% profit (Net Profit = 815% Profit) Link to comment Share on other sites More sharing options...
AleksShamles Posted October 19, 2021 Share Posted October 19, 2021 Good Link to comment Share on other sites More sharing options...
AleksShamles Posted October 19, 2021 Share Posted October 19, 2021 Good 1 Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 19, 2021 Author Share Posted October 19, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal Best Binance Futures, SPOT, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX, BitSeven trading Signals on telegram in 2021. We believe in accuracy and quality over quantity - All our Signals are posted after detailed analysis - Signals are informed to Elite Members very early in advance thus any trader from any part of the World can easily take position. All with signals are with proper take profit and proper stop loss including leverage. These signals are provided by our Experts who are in Crypto Industry for more than 5 years We also provide Binance Futures, Bybit, Kucoin, Coinswitch, CoinDCX& FTX Bot which copied all Signals via Cornix BOT on your Account. You don’t need to spend hours in front of the charts and news channel everyday. We do that for you while you can spend that time elsewhere. You can have our service and make money while you are on a job or spending time with your family. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. (Below you will see the Premium Signals Results for (18th October 2021): #CELO-USDT - 67% profit #BAND-USDT - 28% profit #RSR-USDT - 28% profit #MASK-USDT - 56% profit (Net Profit = 179% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 20, 2021 Author Share Posted October 20, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal FREE Binance Futures, Ftx, WazirX, Coinswitch, Kucoin, CoinDCX, BitSeven, Bybit signals on telegram. Here comes the Most Consistent & Transparent Signals Service in the Market which Trade the Market With Accurate Signals in Real-time. We offer short, mid and long-term trades for all types of users. We also offer Binance Future, Coinswitch, Kucoin, CoinDCX Bybit & Ftx BOT which copied all your signals via Cornix Bot on your Account. This Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. Our Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. What is crypto futures trading? Crypto futures trading is unique from spot trading in many ways. Firstly, crypto futures trades don’t require you to directly purchase or sell or hold any crypto asset(s) to participate. Instead, traders look to buy or sell a futures contract representing a cryptocurrency’s value at a specific date in the future. Crypto futures allow investors to speculate on the future value of a cryptocurrency. For instance, participants can either go long, wagering on a price advance, or go short if anticipate a drop. One of the critical benefits of crypto futures is the use of leverage. Leverage allows for better capital efficiency as traders do not have to lock up entire amounts of capital. As the use of leverage increases both potential returns and risks, users must always exercise caution. Therefore, traders should use a leverage amount that suits them. For example, if you're conservative or new to cryptocurrency trading, a 5x or 2x leverage would be appropriate. Leverage offers the chance to use futures trades as a defensive hedge for portfolios. If an asset were to perform poorly, or opposite what is speculated, a futures trade hedged against this outcome would compensate for the loss. (Below you will see the Premium Signals Results for (19th October 2021): #TOMO-USDT - 29% profit #KSM-USDT - 43% profit #CELR-USDT - 60% profit #REEF-USDT - 93% profit #ANKR-USDT - 17% profit (Net Profit = 242% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 21, 2021 Author Share Posted October 21, 2021 Binance Futures Signals - https://t.me/s/binancefuturesignal Daily 3-4 good quality Signals for Binance futures, Bybit, FTX, Kucoin, Bittrex, WazirX, Coinswitch, CoinDCX & BitSeven with proper take profit & stop loss including leverage. We hold an accuracy of more than 85% which allows us to have a very little drawdown and maximum profits. All results are verified. We are here since 5 years and are the largest Crypto trading Signals provider on telegram in 2021. We also provide Binance Future, Kucoin, Bybit, FTX, Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the Binance Future Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market. How do futures work on Binance? Binance Futures supports a wide range of crypto assets as collateral. Select your preferred futures contract. There are two types of futures contracts available on Binance: USDⓈ-M Futures and COIN-M Futures. For example, if you want to trade BTCUSDT perpetual contracts, please select USDⓈ-M Futures. Binance Futures – that allows traders to use leverage and to open both short and long positions. After our first look and test positions, we can say that the platform is very similar to that of Binance's spot exchange, which makes the transition very easy. (Below you will see the Premium Signals Results for (20th October 2021): #NEAR-USDT - 76% profit #ATOM-USDT - 40% profit #LUNA-USDT - 66% profit #TOMO-USDT - 53% profit #GTC-USDT - 75% profit (Net Profit = 310% Profit) Link to comment Share on other sites More sharing options...
BitMEXSignals Posted October 26, 2021 Author Share Posted October 26, 2021 Free Crypto Signals - https://t.me/s/freebitmexsignals For more latest news & update on Crypto currency & FREE Crypto Signals for Bitmex, Binance Futures, CoinDCX, WazirX, Coinswtich, Kraken, Bitseven & many more exchanges join above given Telegram group Tesla thinks that in the long run, cryptocurrencies might emerge as a “liquid alternative to currency.” Tesla, the world’s largest electric car manufacturer and a proponent of Dogecoin (DOGE), has suggested that it may soon attempt to reinstate support for crypto payments. Tesla noted in a September quarterly filing with the United States Securities and Exchange Commission that it “may in the future resume the practice of trading in cryptocurrencies,” implying that the company is considering restarting cryptocurrency support purchases. Additionally, the corporation emphasized its long-term conviction in crypto assets as a form of payment and a store of wealth, stating: “We believe in digital assets’ long-term potential as an investment and as a liquid alternative to cash.” Between January and March of this year, Tesla accepted Bitcoin as payment for electric car sales. The move is part of Tesla’s greater embrace of Bitcoin (BTC), with the company also investing $1.5 billion of its treasury in BTC during the first quarter of 2021. However, support for Bitcoin was swiftly withdrawn as the company came under fire for promoting BTC despite widespread notions that proof-of-work mining has a detrimental effect on the environment. Link to comment Share on other sites More sharing options...
BitMEXSignals Posted December 15, 2021 Author Share Posted December 15, 2021 Visit - https://t.me/s/freebitmexsignals We see a strong support for BTC and will announce a strong entry point in our Free Telegram Group - https://t.me/freebitmexsignals You find Daily Analysis, Perfect Trading Strategies & Expert Assistance in our Trading Room WE provide BitMEX, Binance Futures, WazirX, Coinswitch, CoinDCX, BitSeven, Bybit Signals Groups on Telegram. We also offering a free Bitmex, Bybit dynamic bot which copied all Signals via cornix Bot which has made incredible profit. More than 80k Bitmex Traders are using the Bitmex, Bybit bot and are happy with its performance for more join above given Telegram group Link to comment Share on other sites More sharing options...
BitMEXSignals Posted December 18, 2021 Author Share Posted December 18, 2021 Free Crypto Signals - https://t.me/s/freebitmexsignals For more latest news, update on Crypto currency & FREE Crypto Signals for Bitmex, Kucoin, Binance Futures, CoinDCX, WazirX, Coinswtich, Kraken, Bitseven & many more exchanges join above given Telegram group The Russian central bank wants to ban investments in cryptocurrencies in Russia, citing the growing number of crypto transactions as a threat to financial stability. Russia Mulls Over Crypto Ban Russia’s central bank is attempting to outlaw cryptocurrency investments, escalating the country’s long-standing distrust of Bitcoin and other digital assets. Future transactions would be prohibited, but present holders would not be forced to sell their holdings. Cryptocurrencies, according to Russian authorities, can be used for money laundering and terrorism financing. According to Reuters, the bank’s current stance on cryptocurrency is a “complete rejection.” Although it is still illegal in Russia to undertake cryptocurrency transactions, a new amendment has made it permissible to invest in and buy cryptocurrencies through exchanges. Any such limitations might stifle Russia’s current retail investment boom, which has seen 15 million Russians create brokerage accounts in the last few years, according to Central Bank estimates. The regulator has already acted quickly to restrict access to other types of risky investment products, anticipating that Russia’s low financial literacy and strong broker marketing might lead to consumers being lured into high-risk investments. If they want to invest in items like options and derivatives, retail investors must must complete a series of examinations. Elvira Nabiullina, the governor of the Central Bank of Russia, increased the fear, uncertainty, and doubt (FUD) around the country’s current state of crypto regulation in a Friday press conference. When asked about the rise of digital assets, Nabiullina said the following, according to finmarket.ru, a local news outlet: Illegal Miners To Be Jailed Andrey Lugovoy, a member of parliament’s lower house, the State Duma, has threatened miners with jail if they connect their equipment to the power grid without permission. Lugovoy disclosed in November that his nationalist party, the Liberal Democratic Party of Russia, is preparing to introduce a draft law to govern crypto mining. According to the congressman, the approval of the legislation will help Russian nationals, the state, and entrepreneurs who wish to legitimately engage in business. He has now added, in an interview with the Russian online news outlet Lenta.ru, that mining regulation makes sense. Aside from charging mining businesses varying power prices, the deputy believes their profits should be taxed after deducting the cost of the energy consumed and other expenses such as labor. Lugovoy accused miners of avoiding paying taxes by using subsidized, low-cost electricity. Link to comment Share on other sites More sharing options...
BitMEXSignals Posted December 22, 2021 Author Share Posted December 22, 2021 Free Crypto Signals - https://t.me/s/freebitmexsignals For more latest news, update on Crypto currency & FREE Crypto Signals for Bitmex, Kucoin, Binance Futures, CoinDCX, WazirX, Coinswtich, Kraken, Bitseven & many more exchanges join above given Telegram group A bitcoin address containing a sizable stash just came alive as the community sees a cryptic meaning. The worth of BTC in the wallet sits at about $15 million and forms part of the resurgence of dormant wallets. Bitcoin has remained stuck in the throes of sub $50K for weeks as investors hope to close the year on a high. Dormant bitcoin addresses are coming out of hibernation in recent months and the latest one has struck a chord amongst community members. Several theories have been put forward to rationalize the sudden re-awakening. Hibernation Is Over A Bitcoin address that has not carried out a transaction since 2013 has come out of retirement for the first time in 8 years. According to information gleaned from the blockchain, the wallet contained a total of 321 BTC and with prices at around $47,000, the stash is worth an impressive $15 million. The bitcoins were accumulated at a time when the asset was still a fringe asset and traded way less than $500. The growth since the last transaction in 2013 translates to a staggering leap of over 3,000% as a clear example of the hodling strategy. “A dormant address containing 321 BTC (15,103,046 USD) has just been activated after 8.8 years (worth 6,594 USD in 2013)!” tweeted Whale Alert, a service that tracks the activities of BTC whales. The address went dormant three years after the disappearance of Satoshi Nakamoto and the amount of 321 BTC appears to have percolated the interest of cryptocurrency enthusiasts. The air has since been rife with speculation that the wallet could belong to a whale that is about to make interesting decisions that could negatively affect the markets. Others have rationalized the reawakening to mean a trader finally remembering his seed phrase, to a Silk Road user getting out of jail, and even Nakamoto sending a sign to the community in 3..2..1. Reawakening Bitcoin Wallets In 2021, blockchain experts are taking note of the trend of Bitcoin addresses from the Satoshi era coming alive. The pattern of sudden reawakenings of Bitcoin wallets from nearly a decade ago is concerning for investors as they try to piece the puzzles together for a sign. In September, a whale from the 2011 era transferred all the holdings of 616 BTC to a new address while in January, an address with 5 million worth of BTC became active again since 2010. Over the last week, two addresses containing 235 and 225 BTC from over 8 years ago completed their hibernation circle and were reactivated again. At the time of accumulation, BTC was relatively cheap, costing investors less than $500, and miners were also rewarded with 50 BTC per block. A number of these early users may have lost their private keys forever, making it impossible for them to reach their assets. It is estimated that up to 4 million BTC are unrecoverable according to an analysis by the Wall Street Journal. Link to comment Share on other sites More sharing options...
BitMEXSignals Posted December 27, 2021 Author Share Posted December 27, 2021 Free Crypto Signals - https://t.me/s/freebitmexsignals For more latest news, update on Crypto currency & FREE Crypto Signals for Bitmex, Kucoin, Binance Futures, CoinDCX, WazirX, Coinswtich, Kraken, Bitseven & many more exchanges join above given Telegram group Turkey’s draft crypto bill is ready and will soon be sent to parliament, Turkish President Recep Tayyip Erdoğan said Friday during a press conference in Istanbul. “We will take a step right away and send [the draft bill] to the parliament,” Erdoğan said. Although Erdoğan didn’t disclose much in the way of details this time, he said in September that the government “has absolutely no intention of embracing cryptocurrencies.” Erdoğan said at the time the country would "move forward with our own currency that has its own identity.” Despite the tough words, there’s no expectation of a crypto ban. Minister of Treasury and Finance Lütfi Elvan ruled one out in May, commenting a month after two Turkish cryptocurrency exchanges, Thodex and Vebitcoin, disappeared overnight. The customers of those exchanges lost access to their funds, with estimates varying from hundreds of millions of dollars to billions. Mertcan Bayraktar, a lawyer who represents several Thodex victims in court, told Decrypt that he doesn’t expect the Thodex-Vebitcoin scandal to shape the crypto bill. He believes the law will emphasize taxation and the legal status of cryptocurrency exchanges, such as whether they should be treated like banks or exchange bureaus. The status of cryptocurrency exchanges matters because Turks increasingly use them to sell the Turkish lira for U.S. dollar-pegged stablecoins, according to Bayraktar. The Turkish lira has fallen by 34% against the U.S. dollar this year but has gone up by 41% this week after a precipitous drop earlier this year, according to TradingView. The greenback is widely seen as a store of value in Turkey, where the local currency sometimes trades like a volatile memecoin. “Although elderly Turks use banks and exchange bureaus to buy the U.S. dollar, crypto exchanges are highly popular for people under the age of 40 [to buy dollar-pegged stablecoins]," Bayraktar said. "They treat crypto exchanges like online and more convenient alternatives to old-school exchange bureaus.” Cryptocurrency exchanges are open 24/7 and offer better rates than banks or exchange bureaus when it comes to foreign currency trade, he explained. But the Turkish government wants people to invest in the lira. This week it launched government-backed savings accounts that are indexed to the price of the U.S. dollar. It hopes to encourage people to switch back from the dollar and just… hodl the lira. “Crypto has added another battle for the Turkish government,” Bayraktar said. “There was always the fiat alternative to the Turkish lira, and now there are fiat-pegged crypto alternatives, in addition to Bitcoin and altcoins.” Now the government has to convince the people its money is a better value. Link to comment Share on other sites More sharing options...
BitMEXSignals Posted January 15, 2022 Author Share Posted January 15, 2022 Visit - https://t.me/s/freebitmexsignals WE provide Crypto Signals for Bitmex, Binance futures, CoinDCX, WazirX, Coinswitch, Bybit, Bitseven, FTX & many other exchanges the accuracy of these signals are great and these are being followed by huge number of Bitmex Traders. Crypto is growing, you need to be with the correct group to make maximum profit through it & We also offer Bitmex, Binance Futures, Bybit powerful Bot for Automatic Trading which copied all Signals via cornix Bot in your account. Visit - https://t.me/s/freebitmexsignals WE provide Crypto Signals for Bitmex, Binance futures, CoinDCX, WazirX, Coinswitch, Bybit, Bitseven, FTX & many other exchanges the accuracy of these signals are great and these are being followed by huge number of Bitmex Traders. Crypto is growing, you need to be with the correct group to make maximum profit through it & We also offer Bitmex, Binance Futures, Bybit powerful Bot for Automatic Trading which copied all Signals via cornix Bot in your account. Link to comment Share on other sites More sharing options...
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