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/biz/ - Business & Finance

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52647524 No.52647524 [Reply] [Original]

careful with kucoin bros

>> No.52647533

KEK if real

>> No.52648975

i wouldn't hold anything in there long term for sure

>> No.52649082
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52649082

>>52647533
its real

>> No.52649102

>>52647524
good riddance to this shitty exchange

>> No.52649105

>>52649082
uhh

>> No.52649121

>>52647524
wtf, parking my entire networth thanks

>> No.52649205
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52649205

>>52647524
damn thanks anon you're doing god's work. I use ku sporadically, I guess I'll just avoid it for now

>> No.52649221

Nice try OP. I'm not a big crypto nigger but I'm going all in on this one

>> No.52650292
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52650292

>biz will pay more attention to this piece of shit ponzi waiting to implode and will continue to pay little to no attention to Holoclear and their gilt minting mechanisms and gold reserves
>They will continue to ignore cake and sushi
>They will continue to ignore waves
forgive them father for they don't know they are sinners.

>> No.52650301

>>52647524
>>52649082
That's a glitch, right? This can't be intended. Did some fuckin intern go haywire and crank up the yield for USDT?

>> No.52650312

I wish tether's collapse finally happened once and for all with a bang where all exchanges suddenly give 200% apy on it a few days before it finally fucking dies.

>> No.52650321
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52650321

>>52650292
Why didn't you mention LINK's staking program anon? Huh?

>> No.52650333

>>52650292
People in this board are so contrarian they believe falling for ponzies and buying dogshit is cool now.

>> No.52650347
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52650347

>>52647524
>SOL (HOT)

>> No.52651585

>>52647524
ohnononono

>> No.52652420

i only fuck with ByBit and thats is
opened an account to buy Bitdao tokens and been using it ever since
>ui is fucking great
>customer service is the best in the business
>liquidity for days

>> No.52652462

>>52650333
>it's a heckin contagian guys

thx just went all in kucoin

>> No.52652483

>>52647524
Worst case tether pays out 50c on the dollar because it's only backed by 50% cash. You can triple your money with this APR

>> No.52652775
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52652775

>>52647524
these APRs only exist for brand new accounts with extremely small amounts of coins, like that USDT offering caps out at 100 USDT and only works for accounts made within the last 7 days

>> No.52652858

>>52647533
>>52649082
>>52652775
No, its because there is massive amount of retards shorting tether right now, so tether is becoming extremely scarce to short and deposit APY is really high. Either tether breaks, or shorting retards just pay a massive fuckload of interest for no reason, or because they fell for the tether FUD.

>> No.52653038

>>52652858
retard

>> No.52653140

Nice memories from buying AKRO at 10 sats and dumping at 200 but yeah, who tf uses that

>> No.52653148

>>52652858
you have no idea of what you're talking about

>> No.52653230

>>52652483
Worst case is exchange is insolvent and you lose everything.

>> No.52653295

>>52652483
worst case is $0

>> No.52653318

>>52650301
Kucoin has some degen psuedo-futures derivative called "dual investment" it decided to brand as a yield farm for some fucking reason.
You get a fraction of a percent return on your USDT back if BTC closes above above a certain strike, or BTC back instead if it closes below (meaning you can lose money).
Since the theoretical max return is like 0.8% in like a day, they advertise ridiculous APYs because lol compounding.
It's not "yield", it's trying to trick gullible retards into buying derivatives they don't understand.

>> No.52653721

>>52653318
so shits not going bankrupt soon?