Reddit Posts
I built a P2P profit calculator for traders — would love your feedback.
Why do all P2P merchants on Binance/Bybit use “trusted persons” for payments? Isn’t that against the rules?
Anybody Want Some Free Exchange-Sponsored Tokens?
Coinbase lost probably millions in arbitrage yesterday - nobody's talking about it
🐺🐺🔥🔥BETT TOKEN🔥🔥🐺🐺 EVERYTHING IS TRANSPARENT AND SECURE 🚀🚀🚀 ✅ Çoklu KYC Doğrulaması yapıldı! 👨💼 ✅ 2 Akıllı Sözleşme Denetimi!
Mentions
For Georgia I'd pay more attention to the withdrawal side than the actual buying fees. Check whether you can get GEL or EUR to your bank without jumping through a bunch of hoops, and what their KYC limits are. Also definitely test a small withdrawal first before moving a serious amount. And yeah, whatever exchange you use, I'd move long-term BTC to a wallet you control.
The top comment is in Chinese so I can't really follow what it says, but for Georgia the country your main problem will be getting money out to local banks without them freezing it Kraken works fine for buying and the SEPA withdrawal to Bank of Georgia usually goes through without drama, just expect a few days waiting. Binance P2P is faster if you need GEL directly but the rates shift quick and bigger amounts get flagged by compliance Whatever you pick, move the bitcoin to your own wallet after buying, exchanges are not banks and the whole point of bitcoin is holding your own keys
在乔治亚州进行比特币交易和提现时，核心在于平衡交易所的国际流动性、资金安全以及与本地银行系统的出入金顺畅度。乔治亚州国家银行目前已实施虚拟资产服务提供商管理，因此在合规与通道通畅上比过去更加透明。 对于绝大多数追求安全和易提现的用户，首选推荐是 Kraken。Kraken 在全球范围内以顶级级别的安全风控和清算能力著称，对于持有一笔资金希望长期安全买入并持有比特币的用户来说最为可靠。在提现方面，你可以直接通过 SWIFT 或 SEPA 将美金或欧元提现至乔治亚本地的银行账户（比如 Bank of Georgia 或 TBC Bank）。由于 Kraken 拥有极为正规的电汇记录，这类提现往往比普通的点对点交易更容易通过银行的合规审核。 如果你更看重本地货币拉里（GEL）的实时结算和日常提现便利，币安（Binance）则是无可替代的备选方案。币安在乔治亚拥有庞大的 P2P 市场深度，你可以非常容易地在平台上将比特币直接兑换为 GEL，并通过本地银行卡瞬间完成收款。不过需要提醒的是，频繁使用 P2P 进行大额出金可能会触发银行的合规风控，因此更适合小额或临时性的快速提现。 此外，乔治亚本地还有合规的本土交易所（如 Cryptal），它们完全接入了本地银行的 GEL 直连出入金服务，出入金体验最无缝，但缺点是交易深度不如国际大厂，更适合小额即时兑换。 我的交易员建议是：大资金与正规出入金优先走 Kraken，买入比特币后若打算长期持有，务必提出交易所并转移至个人硬件钱包中；如果需要快速提现为本地拉里现钞，则辅助使用币安 P2P 或当地合规的实体 OTC 兑换店。这样既能保证资金沉淀的安全，又能保障出金的弹性。
"National Bank of Georgia (NBG) revealed it had selected Ripple as its official technology partner for the Digital Lari (GEL) pilot project" "Ripple emerged victorious in a rigorous selection process that involved nine shortlisted companies. These companies were carefully assessed for their capabilities to support the pilot project, and Ripple’s technical excellence and the expertise of its team ultimately secured its position as the technology partner of choice" ".....stating that Ripple’s CBDC Platform is set to drive transformative progress in public sector blockchain use" Brain dead
tldr; Ripple has been selected by the National Bank of Georgia (NBG) as its technology partner for the Digital Lari (GEL) pilot project. This partnership marks a significant step in exploring blockchain technology and its applications in national digital currencies. Ripple's CBDC Platform, powered by the XRP Ledger, will provide a comprehensive solution for central banks, financial institutions, and governments to mint, manage, transact, and redeem Central Bank Digital Currencies. Ripple is also engaged in pilot programs with governments in Bhutan, Palau, Montenegro, Colombia, and Hong Kong, with discussions underway with over 20 countries worldwide. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
"Ripple emerged victorious in a rigorous selection process that involved nine shortlisted companies. These companies were carefully assessed for their capabilities to support the pilot project, and Ripple’s technical excellence and the expertise of its team ultimately secured its position as the technology partner of choice. In NBG’s announcement, Natia Turnava expressed satisfaction with the selection, stating, “We were pleased to select Ripple as the official technology partner for our Digital Lari (GEL) pilot project following a thorough review of all shortlisted parties.” James Wallis highlighted the innovative nature of the partnership as the NBG pioneers blockchain technology to digitize its economy, stating that Ripple’s CBDC Platform is set to drive transformative progress in public sector blockchain use. This collaboration demonstrates a commitment to innovation, efficiency, and the empowerment of entities through secure and transparent blockchain transactions. Ripple’s CBDC Solution Ripple’s CBDC solution, the Ripple CBDC Platform, is designed to provide a holistic end-to-end solution for central banks, financial institutions, and governments. It enables them to seamlessly mint, manage, transact, and redeem Central Bank Digital Currencies. Notably, this technology is powered by the XRP Ledger (XRPL), an energy-efficient and open-source blockchain. The NBG’s choice of Ripple as the technology partner for its national digital currency pilot project was based on Ripple’s deep understanding of the project’s purposes and use cases, as well as its unwavering commitment to project success, sustainable business continuity, clear project development roadmap, and gradual deployment approach to use cases. Additionally, NBG highlighted Ripple’s extensive experience conducting real-life pilot project deployments, ranging from primary CBDC digital infrastructure to smart contracts and tokenization. In addition to its partnership with NBG, Ripple mentioned it is actively engaged in five pilot programs with governments and central banks in Bhutan, Palau, Montenegro, Colombia, and Hong Kong. Furthermore, discussions are underway with over 20 countries worldwide"
Special five course menu - smoked halibut soufflé five-courses set menu - only 20 seats available starter REINDEER LIKE A TARTARE, BLACK GARLIC, LINGONBERRIES, BEETROOTS entree SMOKED HALIBUT SOUFFLÉ , CRAYFISH AND CITRUS SALAD, BISQUE main course roasted lamb rack, Parmesan polenta, kohlrabi purée, quince gel pre-dessert MINI LEMON TART dessert PISTACHIO AND RASPBERRY DESSERT WITH ELDERFLOWER GEL
tldr; Crypto.com is rolling out support for Liquity (LQTY) and Gelato (GEL). Liquity is an ETH-based lending protocol powered by its stablecoin LUSD. Gelato is a decentralized automation protocol comprised of smart contracts built on Ethereum. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
* Liquity (LQTY) * Gelato (GEL)
tldr; Users of cryptocurrency exchange Coinbase in Georgia, an Eastern European nation, could take full advantage of a price bug that let investors sell their assets for 100 times the going rate. The Lari (GEL), the currency of Georgia, was valued at $290 as opposed to $2.90 on Wednesday. According to Coinbase, roughly 1,000 people took advantage of the flaw. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The explanation makes little sense and is contrary to the initial report on /r/coinbase: > Yesterday Coinbase suffered major loss in GEL trades - for some reason they were selling 1 USDT for 290 GEL, while other exchanges and banks had exchange rate of 1 USD = 2.86 GEL. > This created nice arbitrage opportunity for Georgian users - they were able to sell their assets with much better rate. This implies they were undervaluing the Lari by a factor of 100, not over-valuing it. If they were over-valuing it then customers selling assets would get less Lari than expected, not more. The lack of basic financial arithmetic ability in the crypto space is dumbfounding.
> Should they have put it in a wallet as USDT? No because the bug was in the conversion between USDT and GEL. > What would a smart person have did? I could tell you but that would only make life worse for the smart people, and I like them better.
> I’m pretty sure the 100x occurred only when you withdrew to your bank account. It's hard to see how that would work. Georgian users would have a fiat balance in GEL (Georgian Lira, not the token). Earlier descriptions say the exploit was discovered when converting USDT to Lira.
In other currencies USD | $3987 per person (US dollars per person) EUR | €3560.17 per person (euros per person) £2975 per person (British pounds per person) CNY | ￥25159.73 per person (Chinese yuan per person) PLN | 16578.81 zł/person (Polish zlotych per person) NOK | 35411.24 kr per person (Norwegian kroner per person) KZT | ╤1.835 million per person (Kazakhstan Tenge per person) UAH | 119809.29₴ per person (Ukraine hryvnias per person) BYN | p.10914.10 per person (Belarus rubles per person) AZN | man.6773.98 per person (Azerbaijani manats per person) GEL | 12359.68 lari per person (Georgian lari per person)
Another way of saying DO-GEL-ON-MARS
GEL chart looks strong after Gelato Ops announcement. Still early but probably last sub 2$ call, project got also featured in Binance monthly stars.