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/biz/ - Business & Finance

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File: 26 KB, 405x344, images - 2022-09-12T093639.665.jpg [View same] [iqdb] [saucenao] [google]
55975958 No.55975958 [Reply] [Original]

>Are we fucked up?
After Visa and Mastercard partnerships ended, likely due to regulations, Binance will seek updated KYC documents from users for Polish compliance. However, while addressing Belgian authorities, Binance faces challenges in Australia, Germany, France, Netherlands, and the US.

>> No.55976157

>>55975958
We're over

>> No.55976163

>>55975958
It's the end of binance

>> No.55976178

kyc is for faggots

>> No.55976223

>>55975958
>addressing authorities

No such thing. It's all a scam. Statutes are not laws; statutes require a contractual nexus.

>> No.55976993

>>55975958
Binance is weak.

>> No.55977037

>>55975958
I don't know what's happening but if binance collapses, it will only affect crypto.

>> No.55977064

>>55975958
Jeets. Try harder

>> No.55977100

>>55975958
>no more binance cards, that's sad.

>> No.55977145

>>55975958
It's hard to imagine if binance will shut down. Is CZ to blame?

>> No.55977179

>>55975958
moron

>> No.55977592

>>55976157
You think so?

>> No.55977782

>>55975958
The answer is DeFi

>> No.55977805

>>55975958
Not your keys not your coins

>> No.55977828

>>55975958
Visa and Mastercard? That's a negative impact

>> No.55977859

>>55975958
KYC is for brainlets

>> No.55977865
File: 383 KB, 1122x1402, Screenshot 2023-08-29 at 9.18.31 PM.png [View same] [iqdb] [saucenao] [google]
55977865

>>55975958

>> No.55977873

>>55975958
What’s bearish for binance is bullish for crypto

>> No.55977883

>>55975958
Move your coins to self custody wallets

>> No.55978248

>>55976163
We really dont know

>> No.55978599

>>55975958
Is it wise to use non custodial services?

>> No.55978607

>>55975958
Source

>> No.55978620

>>55975958
bearish is calling

>> No.55978633

>>55975958
Nigger nigger

>> No.55978661

>>55975958
binance is strong, nothing to worry about?

>> No.55978679

>>55975958
Federal regulators have sued Binance, the world's largest crypto exchange, accusing the company of running an illegal exchange in the United States and commingling billions of dollars' worth of customer funds.

>> No.55978711

>>55975958
It has faced allegations it has facilitated money laundering, and the company has been accused of having ties to China, both of which Binance disputes.

>> No.55979225

>>55976223
It's all a scam? Why?

>> No.55979332

>>55975958
belgian fud has been resolved, binance now opened up a polish subsidiary which holds all crypto and fiat and is now in compliance with eu regs so the other challenges should disappear as well
its really that stupid and boomers in government are this out of touch
they think crypto keys are physical things that can be kept inside their jurisdiction and not leave lol

>> No.55979608
File: 1 KB, 93x125, 1692968973049552s.jpg [View same] [iqdb] [saucenao] [google]
55979608

>>55976993
You're the weak dog here. Binance is a powerhouse and will likely weather this storm once more. But until that happens, I'm sticking with the ones that offer a sweet combo of low fees, awesome rates, and user-friendliness

>> No.55979634

>>55977100
Nothing change, we've got Venom Card, Tap, Revolut, and even Paypal in the mix. So, what the heck are you lookin' for, anon?

>> No.55979638
File: 15 KB, 512x425, images - 2023-06-28T071656.123.jpg [View same] [iqdb] [saucenao] [google]
55979638

>>55978599
I'm comfortable with using a centralized platform as long as it's fully regulated, insured, and compliant – not like those struggling exchanges dealing with regulatory problems. Btw I also trust that Binance will address this situation soon.

>> No.55979704

>>55979638
Stop, not your keys not your coins. Not safe

>> No.55979776

>>55979704
Regulated platforms are generally safer than unregulated exchanges due to oversight and compliance requirements. Still no platform is entirely risk-free, so it's important to choose the platform that suits you best anon.

>> No.55979945

>>55979634
Why is paypal here lol

>> No.55979999

>>55975958
Chah, you've got to stay ahead of the game. I moved my assets to self-custodial since the Celcius saga. Trezor, Metamask and Sylo wallets have been my best bet for a while now.

>> No.55980031

>>55979945
Why not?
>>55979638
I wouldn't mind using multiple debit cards, especially when traveling abroad. This way, if one debit card encounters an issue, you'll have a backup. Having one that's also crypto-friendly is a plus for me.

>> No.55980050

>the survival of the entire crypto industry hinges on a chink ran centralized exchange
literally your fault we are at this point to begin with

>> No.55980239

>>55980031
PayPal fees is not friendly. Monzo is fine

>> No.55980258

>>55979776
Don't be conned by some of those proposed concepts that often turn out to be vaporware. Move your assets elsewhere

>> No.55980293

>>55979945
You're a newfag anon, PayPal account has become widely accepted.

>> No.55980307

>>55975958
Binance is just a Chink FTX.

>> No.55980312

>>55979634
Based Chad. There are other means to make crypto transactions and I'm seeing new options coming up like Utrust which is already with multiple merchants and Sylo's collaboration with Centrapay which intends to help people buy things with crypto on e-commerce sites. There's more to come in the crypto space so we can't be limited.

>> No.55980328

>>55980239
If it's causing you inconvenience, consider making a switch. You do have options for your regular use. High fees might make saving difficult, but there are other factors to think about.
>>55980258
That's why having a platform with working services is crucial.

>> No.55980333

>>55980239
I still prefer PayPal over Monzo simply because with Monzo, you're charged a fee for adding cash to your account, whereas this isn't the case with the Tap card.

>> No.55980393
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55980393

>>55980312
I get your point and they having their advantages, but in the world of cryptocurrency, having different choices often leads to new and creative ideas. If you've tried a good fintech platform, you might see this more clearly.

>> No.55980436
File: 6 KB, 250x250, 1691562056561139s.jpg [View same] [iqdb] [saucenao] [google]
55980436

>>55979608
Going for the GFSC regulated app, whose real-time payment network supports both crypto and fiat, Fag

>> No.55980480

>>55980333
Not in Asia kek

>> No.55980550

>>55980333
I don't use any of these. I came across information suggesting that PayPal might have developed a kind of backdoor code, which supposedly allows them to easily freeze anyone's assets. Is this fucking true?

>> No.55980580
File: 23 KB, 554x554, images - 2022-10-10T104249.098.jpg [View same] [iqdb] [saucenao] [google]
55980580

>>55980480
You can use the debit card anywhere as long as Mastercard is accepted. The app is not yet available in the Asian market. It would be great if it were to expand there.

>> No.55980602

>>55979634
I use the Titanium plan and enjoy free transfers with an exchange markup of 0.6%. What are you bragging about? Anon.

>> No.55980619

>>55980436
There are numerous payment solutions available, but my focus is on improving my credit score.

>> No.55980639

>>55980580
Asia is undoubtedly a big market, but I have reservations about any company surpassing the market share held by Tencent, Alipay, and Ant Group in this region.

>> No.55980786

>>55980639
It's not an absolute certainty that no other company could ever surpass them in the future; market conditions and business landscapes can change over time. Don't limit yourself anon.

>> No.55980875
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55980875

>>55980580
kek, Asians, despite having beautiful chicks, are unlucky, Anon. They can't enjoy the free tap2tap feature for now.

>> No.55980914

>>55980619
None of them is publicly listed on the UK stock exchange. Don't push beyond your limit and lie on the biz, Jeet.

>> No.55980971

>>55980639
The first crypto card service utilizing Mastercard has already been launched in 45 countries and counting. Anon, don't jump to conclusions.

>> No.55981004
File: 2.38 MB, 2000x1333, shiba-inu-dog-sleeping-bed-cute-japanese-shiba-inu-dog-dog-sleeps-gray-blanket_258431-136.png [View same] [iqdb] [saucenao] [google]
55981004

good to see binance's downfall after they betrayed me and my marlin protocol bags by delisting $pond from their platform because muh security. eat shit chinks.

>> No.55981024

>>55980550
I got my funds locked by PayPal; it's pain in Anus, Noob. I've got to switch to a fintech that has partnered with Bitfinex to provide the Bitfinex debit card.

>> No.55981035

>>55980875
I think the sky is the limit. Achieving global expansion requires time. I prefer using a platform that doesn't cause us sleepless nights due to regulatory uncertainties. If the features are okay, people will naturally adopt them, provided it's available in their region.

>> No.55981103

>>55980333
I subscribe to the Black plan, which allows me to enjoy free card spending and exchange fees.

>> No.55981114

>>55981103

>> No.55981168
File: 2 KB, 125x93, 1692274873278661s.jpg [View same] [iqdb] [saucenao] [google]
55981168

>>55981035
With regulation by the Gibraltar financial services, this app boasts a robust anti-scam protection feature. Keeping those sketchy vibes at bay, oldfag.

>> No.55981271

>>55980480
Is a gradual thing anon. You can use it anywhere in Europe.

>> No.55981314

>>55975958
Binance is safu

>> No.55981400

>>55981168
Indeed, the diverse range of services will bring users' interest. Managing both fiat and crypto seamlessly is essential.

>> No.55981404

>>55981103
Is clear that their one-stop solution is gaining more momentum and attention

>> No.55981425

>>55981314
Let's hope Binance overcomes these regulatory challenges, as they could impact the entire crypto ecosystem.

>> No.55981694

>>55975958
Binance isn't even a benchmark for crypto adoption in those countries cus the West are just against the Chinese firm. Moreover, CryptMi has made crypto spending easier with Mastercard integration, so without Binance, mainstream adoption is still possible 100%.

>> No.55981850

>>55975958
Go fucking get CryptMI app and virtual card for your Crypto and physical payment.

>> No.55982241

>>55980786
I know what I'm saying. This is a widely used fintech company and a major rival to PayPal, with a market value of over a billion +. Maybe the features and low fee might attract some attention to some of these new cats.

>> No.55982367

>>55980914
Kek. I'm not, pleb. I'm just saying facts, and I'm not denying fact in any way that they won't get a market share. Get that.

>> No.55982696

>>55982241
Low transaction fees and ATM withdrawals with zero charge are a few highlights to make a Fintech company stand out for users.

>> No.55983150

>>55981850
Is there a cashback on transactions?

>> No.55983383

>>55980436
Its a based decision anon. I also read that it allows users to opt in for local currency withdrawals at ATMs during travels.

>> No.55983519

>>55981850
Damn

>> No.55983942

>>55981271
I think having 45+ countries on the list is a decent step forward anon. With time I won't be surprised to see it go live in Asia and the US.

>> No.55984881

>>55982367
Retards would never get it.

>> No.55984920

>>55981168
This would help increase the trust level from users anon. Reducing the rate of scams would boost security levels and make the Fintech service a top choice for users.

>> No.55984927

WTF 90% of this thread is bots

>> No.55985043

>>55981024
I'd suggest you deal with what best fits your interests, and if you're a communtard like me, refrain from using those censored by those schizos.

>> No.55985061

>>55984881
What do you think they're not getting? Anon, just state an obvious fact that is predominant.

>> No.55985508

>>55982696
These are a few things many look into before making a preference or choice to use what would work ideally.

>> No.55985652

>>55984927
Fuck off retard. You keep saying this shit in every thread.

>> No.55985681

>>55980971
I'm not in anyway. Take a look at the data from 2021 and that of PayPal and others.

>> No.55985685

>>55985508
No doubt chad, its also important that it is available in a number of countries for people who are tourists and like to travel. Tap and Revolut are a few of my picks for vacations.

>> No.55985701

>>55975958
Binance might actually be getting closer to shutting down and I think it will affect the market generally.
But my money is in cold wallets and I also use CryptMi card for payment, so I don't think I need to be worried

>> No.55985719

>>55984920
These are notable features i would also love in Fintech companies alongside zero transaction fees which CryptMi offers.

>> No.55985848

>>55985701
I like the cashback offer on that card, it's better than most others

>> No.55985972

>>55980875
Good thing a large number of countries in Europe can enjoy this zero fee transfer feature. The swift fiat to crypto conversions are one of my main highlights without hidden fees.

>> No.55986025

>>55975958
Haha

>> No.55986038
File: 548 KB, 1284x855, gary gensler goyim making money.png [View same] [iqdb] [saucenao] [google]
55986038

>>55975958
This meme is more and more relevant every day.

>> No.55986097

bot thread

>> No.55986185

>>55981024
Being locked out of your funds is crazy anon. Not to mention that having to wait days for international transfers can be a pain as well, things like this would push users to exploring other Fintech options with convenience, increased privacy levels, asset control and 24/7 transactions.

>> No.55986242

>>55985848
Well cashback rewards is a decent system for incentivizing users and keeping them engaged.

>> No.55986753

>>55982241
What about the no fee gateways like Bitpay, Alchemy, CryptMi? PayPal CEO met them in Kiev last week for possible investment.
>Follow the headlines.

>> No.55987142

>>55975958
?

>> No.55987226

>>55980333
Being able to cut down on unnecessary fees is a key part of using Fintech services I won't overlook anon. I also read that the cards have no charge on ATM withdrawals and users can even opt for their local currency.

>> No.55987245

>>55980550
PayPal froze my funds for 6 months because I bought a scope for my hunting rifle online. I had all my money on there at the time and I had to borrow money from my parents to pay my bills. I will never use them again

>> No.55987754

>>55986753
A partnership?

>> No.55987771

>>55987245
That's not a good experience

>> No.55988391

>>55987245
Because you're in a shady deal, Anon. I use the XTP-supported app, and I can make purchases at millions of locations globally, just like with a traditional debit card.

>> No.55988420

>>55987226
Based, Anon. I used their multi currency account to hold and manage both fiat and cryptos in a single interface.

>> No.55988526

>>55975958
I heard about cutting ties with VISA and MasterCard their cards are not useful I think I'll just keep my CryptMi card.

>> No.55990052

>>55975958
It's been over for a while.
Since they hired the nephew of an important left-wing politician here, I left this kiked platform.
Time to learn how to REALLY use Bitcoin

>> No.55990310

>>55985652
Haven't posted in months you dumb NPC this whole thread reads like youtube comment scams

>> No.55992282

>>55988526
Alternative service

>> No.55993117

>>55975958
Not surprised
Coinbase looks like the msot regulated exchange
Binance doesn't look good regarding regulation and taxes

>> No.55994194

Binance is going to get bodied by the DOJ and SEC real soon.
So you best hope your funds are safu because it's gonna go like FTX.

>> No.55994534

>>55994194
That is why they are being attacked. My Binance card is of no use anymore. I only use that of CryptMi now.

>> No.55995328

>>55987245
This is one of the many reasons why I will prefer paying with crypto via CryptMi card over using Paypal

>> No.55995558

>>55987226
I don't use Fintech with huge fees
>>55995328
I like the zero fees on all transactions on this app