Tether Admits to Buying BTC with Reserves

[kingscrown]

Means just 74% (at max) is backed by USD while rest can be ie backed by BTC.

Markets

I have quit BFX lately when NYC filled case. People ask where i trade.. Well Bittrex and Bitstamp but those need document verification.

Exchanges to Use with no Documents

• Binance - the obvious top vol exchange, has STEEM
• BiBox - amazing China exchange, i think its gonna be the next hot thing
• KuCoin - similar to the other two with NEO and ETH pairs
• Lbank - get there as long as its cheap, they do mad volumes already
• CoinExchange - many ETH tokens and anon coins like ZEC XZC EXCL
• COSS - many deals on ETH tokens for arbitrages
• OpenLedger - decentralized exchange build on BTS, the older brother of STEEM
• BitMex - Leverage trading of BTC, EOS and many others, superb liquidity
• SimpleFX - Margin trading of stocks, forex and cryptocurrency

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Comments

[chekohler]

Damn, Tether, Cobinhood and Cryptopia scandal all within this past year, BTC really has had to take a lot of knocks so im pretty impressed with how bullish it has been

[chesatochi]

It is about time to remove this clown coin. ;)

Posted using Partiko Android

[roger.remix]

I smell fish coin! 🎏 u got hooked?!? 😉

Posted using Partiko Android

[travelersmemoire]

That definitely sounds illegal...

Posted using Partiko iOS

[vdux]

Fuck Tether. It needs to die. Even if that means short-term crash in BTC. Undermines everything crypto stands for.

[harpooninvestor]

Will prove awkward when BTC continues its travels to zero.

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