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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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teikboon
post Jun 11 2021, 11:04 PM

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QUOTE(ironman16 @ Jun 11 2021, 10:26 PM)
that mean u pay with ur money in u bank ?.....just use the CC button?......how the rate?.....better than p2p?

as i know cant buy with MYR , so u buy with others currency?
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Cc here i mean is credit card. The debit card is from my saving account. I'm using binance. When i buy, i turn on lite mode and just press buy. It will show the rate higher than current price + fee. If you ok just buy it. The quoted price is in usd

P2p can buy and sell in myr. Just change the currency and select option of bank transfer or even touch and go.

I sell few times with p2p method. Transfer the coins to p2p wallet first and select which currency and trader that you want to sell to. Filter by payment method as well. Most of the time better rate one comes with higher minimum amount to sell.

Once you click sell to them, just wait for them to transfer money to you. Once you get the money, you can release the coins to them.

This is my way of selling so far. I'm just started last month when doge was 0.55. perhaps all sifu here got better ways of doing it. Ayam just play small amount only. Haha


This post has been edited by teikboon: Jun 11 2021, 11:06 PM
Moogle Stiltzkin
post Jun 12 2021, 12:44 AM

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This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:15 AM
stockerzzz
post Jun 12 2021, 01:03 AM

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QUOTE(Moogle Stiltzkin @ Jun 12 2021, 12:44 AM)
oo ty. so this is why  sad.gif

but how come though? i thought malaysia also allow luno exchange? so i didn't expect these kinds of issues on binance for sellers  :confused:

either way the buyer needs to know the bank details in order to purchase. unless you suspect binance themselves is leaking the listed account on their platform?  :confused:

or could be some bad traders tried to scam, so some of these reported accounts memang get reported by buyers which led to it being frozen  sweat.gif

but anyway in this kind of situation, how should the buyer prove to binance if there is a dispute that they sent the money to the seller but the seller did not send the crypto? then what? can you still prove the account you paid to is really the sellers, if the seller did not list the account info on binance platform (which is why people buy on binance platform to begin with for some protection because of an intermediary). seller can turn around and say you paid to wrong account. but the account they give is on whatsapp and not listed on binance directly (see the problem?)

also you mention that accounts being frozen, does this also apply to sellers who are not frequent sellers who are just hodlr cashing out many years later?  :confused:

sorry i'm newbie so bare with me  smile.gif
do u list your bank account details on binance or do you requests users to whatsapp you?  :confused:

Also how to change your public display name as a seller?  hmm.gif
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actually bank details will be shown once you click buy, there is payment method of bank and from there there is the bank account number and name info. normally i didnt whatsapp the seller. so i am quite confused about your concern.
teikboon
post Jun 12 2021, 09:29 AM

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QUOTE(Moogle Stiltzkin @ Jun 12 2021, 12:44 AM)

sorry i'm newbie so bare with me  smile.gif
do u list your bank account details on binance or do you requests users to whatsapp you?  :confused:

Also how to change your public display name as a seller?  hmm.gif i see nicknames like e.g. musang king  sweat.gif
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I registered my bank account with binance. Buyers of my coins so far never WhatsApp me asking about account number at all. Got 1 time, i get message telling me money had been transferred and ask me to release the coins.
ironman16
post Jun 12 2021, 09:33 AM

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QUOTE(teikboon @ Jun 12 2021, 09:29 AM)
I registered my bank account with binance. Buyers of my coins so far never WhatsApp me asking about account number at all. Got 1 time, i get message telling me money had been transferred and ask me to release the coins.
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Waseh, become seller. Ur asset must b big enough
teikboon
post Jun 12 2021, 09:44 AM

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QUOTE(ironman16 @ Jun 12 2021, 09:33 AM)
Waseh, become seller. Ur asset must b big enough
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I play small only. My total coins purchase less than 500 usd only. I sell to try out how it works and some of it got a profit liao so mah cash in lo.

These days I buy little by little only. 15 to 20 usd per purchase. First few times really naive buy till 50 or 100 usd lol

This post has been edited by teikboon: Jun 12 2021, 09:44 AM
ironman16
post Jun 12 2021, 09:56 AM

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QUOTE(teikboon @ Jun 12 2021, 09:44 AM)
I play small only. My total coins purchase less than 500 usd only. I sell to try out how it works and some of it got a profit liao so mah cash in lo.

These days I buy little by little only. 15 to 20 usd per purchase. First few times really naive buy till 50 or 100 usd lol
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its that got certain criteria that u gonna fullfill if wanna sell coin at p2p? hmm.gif
i though asset gonna big enough and gonna "pledge" some coin so that u able to sell?

the method i know is click i want to sell and sell to merchant only biggrin.gif

This post has been edited by ironman16: Jun 12 2021, 09:58 AM
teikboon
post Jun 12 2021, 10:25 AM

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QUOTE(ironman16 @ Jun 12 2021, 09:56 AM)
its that got certain criteria that u gonna fullfill if wanna sell coin at p2p?  hmm.gif
i though asset gonna big enough and gonna "pledge" some coin so that u able to sell?

the method i know is click i want to sell and sell to merchant only  biggrin.gif
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Not sure got what criteria. When I wanna register for bank transfer, I just key in my account number and name of the bank. It will be reflected to the payment method after few days. Make sure your info is correct after that coz wrong name or wrong number will cause buyer not sending you the money later on. My case last time is my name was spelt wrongly. I asked the support to help me corrected it before I started selling.

ya merchant. that's the only method i use now to sell tongue.gif
I got buy through Spot too which is under the trades menu. You can sell through there as well. You want to buy from merchant through P2P also can.
TheLegend27
post Jun 12 2021, 11:15 AM

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QUOTE(ironman16 @ Jun 11 2021, 03:40 PM)
can anyone explain why binance p2p some of the sellers don't list their bank account? instead either they ask you to ask them in the chat for it, OR to whatsapp. whats with that?
if u seen uncomfortable with them just change others seller lo...

seller has at least 90% trades and many buyers. so doesn't like a scam (maybe), is this a normal way of doing things on binance?
i will choose at least 98%, prefer 99%

my previous experience was far more straight forward. the seller bank details listed, and worked without a hitch. so what do these other sellers do this funny business?
they afraid u scam them balik ....lol..... hmm.gif

and can explain what "limited" trade means?
limited means their coin not up to date oledi bcoz some ppl oso in process buying with the same seller.
example : seller got 100USDT, when others ppl in process buying 50 USDT with this seller, u will see the button become limited...
i always set it to refresh every 5 s (on top right hand side)


and how come p2p seller can ask you what you intend to do with your crypto purchase (why is that any of their business? )
afraid u laundering money ..... brows.gif

as a buyer, if the seller does not list their bank account within binance, how are buyers suppose to lodge a report if after you sent payment but you don't receive crypto? how are you suppose to prove you paid to the correct account, if the seller refuses to list their bank details on binance o-O; ???
just avoid lo

Hope others can tokok if my info is wrong..... cool2.gif
this is what i know aje......

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don't anyhow say la. limited mean that seller/buer impose criteria to buy/sell coin from him. example they set u must register more than 10 days, or u must hold 0.5 btc in order to trade with him
ironman16
post Jun 12 2021, 11:18 AM

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QUOTE(TheLegend27 @ Jun 12 2021, 11:15 AM)
don't anyhow say la. limited mean that seller/buer impose criteria to buy/sell coin from him. example they set u must register more than 10 days, or u must hold 0.5 btc in order to trade with him
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sweat.gif ......ya ka......i though .............thanks for the info
notworthy.gif notworthy.gif notworthy.gif notworthy.gif notworthy.gif

This post has been edited by ironman16: Jun 12 2021, 11:22 AM
Moogle Stiltzkin
post Jun 12 2021, 06:47 PM

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This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:16 AM
Moogle Stiltzkin
post Jun 12 2021, 06:52 PM

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This post has been edited by Moogle Stiltzkin: Jun 13 2021, 08:17 AM
UserU
post Jun 12 2021, 07:13 PM

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QUOTE(Moogle Stiltzkin @ Jun 12 2021, 06:52 PM)
So... anyone here buy doge?

At first glance looks like a joke coin. But the value... is no joke.... i don't understand.....

at least with things like btc, etc, ada, there is a technological reason for their coins, and support for them. But doge..... you got some weird eccentric alon musk supporting it, but it started out as meme.....

what do you guys think about this coin?

Now there is even an Inu coin (although it's not doing as well as doge)..... x_x; lel...
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It's a joke and remains a joke. Why it flew is mainly because of people like Elon.

There's never an end to all of these as long as there are suckers out there willing to trade.
walabies
post Jun 12 2021, 11:48 PM

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QUOTE(Moogle Stiltzkin @ Jun 12 2021, 06:52 PM)
So... anyone here buy doge?

At first glance looks like a joke coin. But the value... is no joke.... i don't understand.....

at least with things like btc, etc, ada, there is a technological reason for their coins, and support for them. But doge..... you got some weird eccentric alon musk supporting it, but it started out as meme.....

what do you guys think about this coin?

Now there is even an Inu coin (although it's not doing as well as doge)..... x_x; lel...
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SmallPenguin
post Jun 13 2021, 12:28 AM

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QUOTE(walabies @ Jun 12 2021, 11:48 PM)
SNL... is it a hustle? Yes it is a hustle  rclxms.gif
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he tok oerrrrr monehhh laugh.gif
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Professionals be like
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This post has been edited by SmallPenguin: Jun 13 2021, 12:32 AM
Moogle Stiltzkin
post Jun 13 2021, 06:30 AM

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This post has been edited by Moogle Stiltzkin: Jun 23 2021, 07:21 PM
zacknistelrooy
post Jun 13 2021, 11:09 PM

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Some of the lowest gas fees in the past 12 months.

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walabies
post Jun 14 2021, 12:19 AM

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QUOTE(zacknistelrooy @ Jun 13 2021, 11:09 PM)
Some of the lowest gas fees in the past 12 months.

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The volume is so low right now...
ljken
post Jun 14 2021, 11:47 AM

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Such a tempting trap

But honeypot oh honeypot the bear is missing
lordirfan99
post Jun 14 2021, 12:31 PM

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Damm p2p right now is the cheapest I have seen. 4.16

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