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More / Etherum Reddit - 1 year ago

Need advice if anyone knows

I need like $7 worth of ETh for gas fees, Coinbase won't let me send anything out for 3 days. Metamask all require a SSN for a direct fiat buy which doesn't seem safe to me. Is there any easy way I can buy eth with fiat that requires little o...

by COINS NEWS - 1 year ago

83,000 BTC Liability but Zero BTC Held

FTX owes customers and other lenders, close to 83,000 BTC but does not have any left on the books. If it were to fulfill its obligations, it would require buying and sending $1.4 billion worth of BTC. This is obviously not going to happen but at leas...

by COINS NEWS - 1 year ago

Every single exchange should experience a bank run. If they survive, they deserve to exist. If they don’t, they deserve to be taken out, before they can grow and cause more damage later. Don’t trust exchanges have sufficient funds, verify it.

I think it’s important that everyone realize lots of exchanges have been taking user funds and using them for their own uses. They aren’t just taking fees - they are operating like a bank and operating on fractional reserves. Exchanges are artificial...

More / Etherum Reddit - 1 year ago

Moving Staked ETH off Coinbase

Howdy - I currently have >5 ETH staked on Coinbase that I want to move ASAP. A majority of my assets are in ALGO in a Pera Wallet, where I’m an active governor and love the community. Should I… Leave my ETH staked on CB? Exchange to ALGO where I...

More / Etherum Reddit - 1 year ago

How do stablecoins make money? ELI5

Hi everyone! Does anyone know how stablecoin issuers like Circle, Tether and MakerDAO make money? It's all a bit unclear to me and after recent events I have started to do more due diligence about crypto products. Some of them are really un...

More / Etherum Reddit - 1 year ago

ROI on eth staking?

Question: what has your experience been running a node or staking on Rocketpool? What’s the return been like since we switched to proof of stake? submitted by /u/IllustratorLow4288 [link] [comments]

More / Etherum Reddit - 1 year ago

Where to buy ETH without Plaid?

More often than not, I'm buying Ethereum on Binance. I was funding my USD balance through Plaid until I found out about the amount of access Plaid has to my banking institution. I know, I know, I should've looked into them a little more but I...

More / Etherum Reddit - 1 year ago

Where will SOL projects go?

I know posting in eth community, the obvious answer is this should make projects move toward a proven decentralized chain. And I think that makes sense, and some will choose eth. But, they chose sol over eth initially, primarily due to cost? So, will...

More / Etherum Reddit - 1 year ago

Risks of ETH staking

If I stake my ETH without running my own node (ie with a counterparty), I understand that my risks are that the counterparty may get slashed for misbehavior, gets hacked or defaults due to bankruptcy or fraud. Is my understanding correct? And can I s...