QUOTE(STEVE75 @ Jun 9 2021, 03:16 PM)
Actually in the P2P sell, there is choice of USDT, BTC, BUSD, BNB, ETH, DAI.i never try others beside USDT, i believe is same.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Jun 9 2021, 03:33 PM
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423 posts Joined: Jan 2007 |
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Jun 9 2021, 03:36 PM
Show posts by this member only | IPv6 | Post
#35742
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440 posts Joined: May 2008 |
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Jun 9 2021, 03:54 PM
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All Stars
10,859 posts Joined: Jan 2003 From: Sarawak |
QUOTE(STEVE75 @ Jun 9 2021, 03:36 PM) no wht i mean is I only hv BTC in my P2P wallet but dun hv other cryptos. u transfer bak ur spot and u sell all ur btc to busd. then ur busd transfer to p2p wallet lol. then when ppl buy ur p2p busd, they will pay u in MYR.Want to convert BTC to BUSD, so how to convert yea? STEVE75 liked this post
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Jun 9 2021, 03:57 PM
Show posts by this member only | IPv6 | Post
#35744
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440 posts Joined: May 2008 |
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Jun 9 2021, 06:35 PM
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2,437 posts Joined: Sep 2016 |
QUOTE(STEVE75 @ Jun 9 2021, 03:36 PM) no wht i mean is I only hv BTC in my P2P wallet but dun hv other cryptos. go SPOT sell it under pair BTC/BUSD......u will get BUSD..... Want to convert BTC to BUSD, so how to convert yea? STEVE75 liked this post
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Jun 9 2021, 07:34 PM
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All Stars
13,619 posts Joined: Jan 2003 From: between your legs |
Looks like support good..not dropping below 30k usd. Had hopes to go shopping at 29k usd
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Jun 9 2021, 09:03 PM
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1,033 posts Joined: Dec 2009 |
QUOTE(ChAOoz @ Jun 8 2021, 11:45 PM) Well just saw he is doing a third offering and this time its not a convertible note anymore. Well it is free money for him. Also i wonders what are the terms of the 1st and 2nd conversion. No such things as free money in the market i guess. If it works out they will call him a genius and if it doesn't then he can go back to his core business. Third offering is even more senior compared to the two converts so there is that. A lot of eyes are on this right now so games will be played both ways for sure .... Terms for first two notes QUOTE The notes are unsecured, senior obligations of MicroStrategy, and bear interest at a rate of 0.750% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on June 15, 2021. The notes will mature on December 15, 2025, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after December 20, 2023, MicroStrategy may redeem for cash all or a portion of the notes at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, if the last reported sale price of MicroStrategy’s class A common stock has been at least 130% of the conversion price then in effect for a specified period of time ending on the trading day immediately before the date the notice of redemption is sent. Holders of notes may require MicroStrategy to repurchase their notes upon the occurrence of certain events that constitute a fundamental change under the indenture governing the notes at a repurchase price equal to 100% of the principal amount of the notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the date of repurchase. In connection with certain corporate events or if MicroStrategy calls any note for redemption, it will, under certain circumstances, be required to increase the conversion rate for holders who elect to convert their notes in connection with such corporate event or notice of redemption. The conversion rate for the notes is initially 2.5126 shares of MicroStrategy class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $397.99 per share. This represents a premium of approximately 37.5% over the last reported sale price of $289.45 per share of MicroStrategy class A common stock on The Nasdaq Global Select Market on December 8, 2020. The conversion rate is subject to adjustment upon the occurrence of certain events. QUOTE The notes are unsecured, senior obligations of MicroStrategy. The notes do not bear regular interest, and the principal amount of the notes does not accrete. The notes will mature on February 15, 2027, unless earlier repurchased, redeemed or converted in accordance with their terms. The notes are convertible into cash, shares of MicroStrategy’s class A common stock, or a combination of cash and shares of MicroStrategy’s class A common stock, at MicroStrategy’s election. Prior to August 15, 2026, the notes are convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the second scheduled trading day immediately preceding the maturity date. The conversion rate for the notes is initially 0.6981 shares of MicroStrategy’s class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $1,432.46 per share. This represents a premium of approximately 50% over the last reported sale price of $955.00 per share of MicroStrategy’s class A common stock on The Nasdaq Global Select Market on February 16, 2021. The conversion rate is subject to adjustment upon the occurrence of certain events. Amaru liked this post
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Jun 10 2021, 12:46 AM
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6,934 posts Joined: Jan 2003 From: Audiophilia valley... |
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Jun 10 2021, 10:14 AM
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937 posts Joined: Mar 2016 |
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Jun 10 2021, 12:55 PM
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3,952 posts Joined: Apr 2005 From: Sector 1921B, Delta Quadrant |
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Jun 10 2021, 04:00 PM
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4,453 posts Joined: Jan 2003 |
This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:07 AM |
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Jun 10 2021, 04:06 PM
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4,453 posts Joined: Jan 2003 |
This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:10 AM |
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Jun 10 2021, 04:54 PM
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Elite
5,093 posts Joined: Mar 2009 From: Land of make believe |
QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:00 PM) can someone explain the best way to buy cardano ada via binance? No concrete answer for this, as p2p rates are inflated pretty much so they are more or less the same.like for example, you can p2p to buy eth or btc outright using MYR. But you can't for ADA. instead you have to purchase one of the available crypto, then swap that for ADA using binance. So question is, between buying ETH, BTC or USDT to then trade for ADA, which is the best method? to my understanding btc and eth fluctuate too much, so may make a loss if converting from it to ADA. but USDT is pegged 1:1 to the US dollar in value. any tips? or instead of P2P, is it better to just buy direct from the marketplace instead in binance? Usually the difference is like single to two-digits so if you want to experiment, could try both with small amts. |
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Jun 10 2021, 04:54 PM
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Senior Member
4,821 posts Joined: Mar 2009 |
QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:06 PM) nub question. if selling USDT for BTC, you need to have USDT to long (buy) BTC/USDT pair.if selling USDT for BTC using USDT/BTC pair, is this the same as ETH/BTC, ADA/BTC. In the end you get BTC right? or are they all different if you convert from a different crypto? confused about crypto pairs. All am interested in is just getting BTC, and not being stuck with some other odd crypto not familiar with This post has been edited by lowya: Jun 10 2021, 04:55 PM Moogle Stiltzkin liked this post
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Jun 10 2021, 05:03 PM
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2,437 posts Joined: Sep 2016 |
QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:06 PM) nub question. as for my understanding , ALL the same, u will get BTC......BUT, got pair of USDT/BTC ??? if selling USDT for BTC using USDT/BTC pair, is this the same as ETH/BTC, ADA/BTC. In the end you get BTC right? or are they all different if you convert from a different crypto? confused about crypto pairs. All am interested in is just getting BTC, and not being stuck with some other odd crypto not familiar with normally , we buy stable coin first (USDT,BUSD,.....) through p2p.......after that baru wait for the time that u feel the price is reasonable, baru place order.....bcoz stable coin doesn't fluctuate like BTC/ETH/ADA/...............so, u can wait the CORRECT time to come...... BUT , i'm oso newbie in this Binance less than a month.... QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:00 PM) can someone explain the best way to buy cardano ada via binance? i will said ADA/USDT or ADA/BUSD or ........ is the best one method ...... or u choose the coin in rally mode to buy ADA (if it in down trend) is the best.... like for example, you can p2p to buy eth or btc outright using MYR. But you can't for ADA. instead you have to purchase one of the available crypto, then swap that for ADA using binance. So question is, between buying ETH, BTC or USDT to then trade for ADA, which is the best method? to my understanding btc and eth fluctuate too much, so may make a loss if converting from it to ADA. but USDT is pegged 1:1 to the US dollar in value. any tips? or instead of P2P, is it better to just buy direct from the marketplace instead in binance? This post has been edited by ironman16: Jun 10 2021, 05:13 PM Moogle Stiltzkin liked this post
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Jun 10 2021, 05:35 PM
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425 posts Joined: Apr 2011 |
QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:00 PM) can someone explain the best way to buy cardano ada via binance? i think you can buy direct using bigpay mastercard , with the currency using EURO. i saw in this forum some success in buying using this method, but i not sure is the rate reasonable compared to p2p rate. current p2p rate is 4.18 which i think is quite good? hope other forumers can correct me.like for example, you can p2p to buy eth or btc outright using MYR. But you can't for ADA. instead you have to purchase one of the available crypto, then swap that for ADA using binance. So question is, between buying ETH, BTC or USDT to then trade for ADA, which is the best method? to my understanding btc and eth fluctuate too much, so may make a loss if converting from it to ADA. but USDT is pegged 1:1 to the US dollar in value. any tips? or instead of P2P, is it better to just buy direct from the marketplace instead in binance? Moogle Stiltzkin liked this post
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Jun 10 2021, 05:51 PM
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937 posts Joined: Mar 2016 |
Whelp, Harmony ONE’s chain Shard 0 gg’d for now.
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Jun 10 2021, 06:41 PM
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80 posts Joined: Mar 2011 |
QUOTE(stockerzzz @ Jun 10 2021, 05:35 PM) i think you can buy direct using bigpay mastercard , with the currency using EURO. i saw in this forum some success in buying using this method, but i not sure is the rate reasonable compared to p2p rate. current p2p rate is 4.18 which i think is quite good? hope other forumers can correct me. Yes, current p2p rate is very very good already.. 4.18 is just 6 sens higher than MYR/USD..Other methods like BP is getting lesser for your value.. |
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Jun 10 2021, 06:48 PM
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Junior Member
423 posts Joined: Jan 2007 |
QUOTE(Moogle Stiltzkin @ Jun 10 2021, 04:00 PM) can someone explain the best way to buy cardano ada via binance? is better buy USDT then wait dip then buy ADA. like for example, you can p2p to buy eth or btc outright using MYR. But you can't for ADA. instead you have to purchase one of the available crypto, then swap that for ADA using binance. So question is, between buying ETH, BTC or USDT to then trade for ADA, which is the best method? to my understanding btc and eth fluctuate too much, so may make a loss if converting from it to ADA. but USDT is pegged 1:1 to the US dollar in value. any tips? or instead of P2P, is it better to just buy direct from the marketplace instead in binance? Moogle Stiltzkin and ironman16 liked this post
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Jun 10 2021, 07:07 PM
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4,453 posts Joined: Jan 2003 |
This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:08 AM |
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