An update from BitcoinVN on the recent situation around the FTX collapse.
https://news.bitcoinvn.io/ftx-collapse-update-from-bitcoinvn/
Topic: BitcoinVN - Vietnam's first and oldest Bitcoin Exchange - page 3. (Read 1096 times)
New interview with one of our Founding members on Starterstory:
https://www.starterstory.com/stories/bitcoinvn
Topics include lessons learned during operating the business for close to a decade, the lockdowns in Vietnam in 2021 and how to position yourself in the 2020's to make it out well on the other side.
https://www.starterstory.com/stories/bitcoinvn
Topics include lessons learned during operating the business for close to a decade, the lockdowns in Vietnam in 2021 and how to position yourself in the 2020's to make it out well on the other side.
Looking at the comparatively high APR offered by the BitcoinVN staking program, the (rightful) initial question of the visitor is of course:
“WHERE IS THE YIELD COMING FROM?
”
Answers can be found here:
https://news.bitcoinvn.io/how-does-staking-on-bitcoinvn-work/
“WHERE IS THE YIELD COMING FROM?
”Answers can be found here:
https://news.bitcoinvn.io/how-does-staking-on-bitcoinvn-work/
The question has been posed on the regular:
Why does BitcoinVN as a Bitcoin-centric firm not offer any Bitcoin Staking option?
Why does BitcoinVN as a Bitcoin-centric firm not offer any Bitcoin Staking option?
Besides the common ERC20 standard, you can now also convert USDC via the TRC20 standard on BitcoinVN.
Fund any Vietnamese or Russian bank account - directly with USDC or a variety of other stablecoins and digital assets.
https://bitcoinvn.io/?deposit=usdcbalance&settle=vnd
If you are looking to stay further up to date with the news & activites of BitcoinVN - you can also subscribe to our newsletter here.
Fund any Vietnamese or Russian bank account - directly with USDC or a variety of other stablecoins and digital assets.
https://bitcoinvn.io/?deposit=usdcbalance&settle=vnd
If you are looking to stay further up to date with the news & activites of BitcoinVN - you can also subscribe to our newsletter here.
1 year has gone by since our major relaunch - expanding our services to a more global reach 🙂
While still aiming to remain the fastest & most convenient on-/offramp in our domestic market #Vietnam - our userbase has expanded beyond 🇻🇳's borders.
Launched back in early 2014 the firm has gone through & survived various turbulent cycles in the markets and stands as one of the longest running exchanges globally.
We would be keen to hear from you:
What are some of the service improvements you would like to see next?
--
BitcoinVN đã hoạt động từ đầu năm 2014 và trải qua nhiều giai đoạn thăng trầm của thị trường, trở thành một trong những sàn giao dịch lâu đời nhất trên toàn cầu.
Chúng tôi muốn lắng nghe từ bạn:
Bạn mong muốn thay đổi/nâng cấp dịch vụ nào tiếp theo?
While still aiming to remain the fastest & most convenient on-/offramp in our domestic market #Vietnam - our userbase has expanded beyond 🇻🇳's borders.
Launched back in early 2014 the firm has gone through & survived various turbulent cycles in the markets and stands as one of the longest running exchanges globally.
We would be keen to hear from you:
What are some of the service improvements you would like to see next?
--
BitcoinVN đã hoạt động từ đầu năm 2014 và trải qua nhiều giai đoạn thăng trầm của thị trường, trở thành một trong những sàn giao dịch lâu đời nhất trên toàn cầu.
Chúng tôi muốn lắng nghe từ bạn:
Bạn mong muốn thay đổi/nâng cấp dịch vụ nào tiếp theo?
The digital version of shiny rocks - now also available for direct purchase (or sale) for Vietnamese Dong.
--> https://bitcoinvn.io/?deposit=vnd&settle=xaut
$XAUt #Gold #Tether
--> https://bitcoinvn.io/?deposit=vnd&settle=xaut
$XAUt #Gold #Tether
Scary announcement time 
https://news.bitcoinvn.io/credit-contagion-in-the-crypto-markets/
https://news.bitcoinvn.io/credit-contagion-in-the-crypto-markets/
Quote
TL, DR: BitcoinVN does not have any exposure to the wider crypto market credit contagion and a strong balance sheet in which company-owned cold storage reserves exceed any custodial user funds by a multiple.
21,000 Sats for Proof-of-Pizza in the upcoming week 
https://news.bitcoinvn.io/bitcoin-pizza-day-2022-free-pizza-for-everyone/
Quote
The team of Italiani’s has written a lot of important and pioneering Bitcoin history in Vietnam. Not only are they the host to the first Bitcoin ATM in Vietnam, but also the merchant in which the first-ever Lightning transaction for physical goods on Vietnamese ground took place.
Let’s do our part on keeping this for the Vietnamese Bitcoin community’s historical business alive. Go out and enjoy your Pizzas! 🙂
Let’s do our part on keeping this for the Vietnamese Bitcoin community’s historical business alive. Go out and enjoy your Pizzas! 🙂
https://news.bitcoinvn.io/bitcoin-pizza-day-2022-free-pizza-for-everyone/
Shiny rocks en vogue again? – Buy Tether Gold on BitcoinVN
https://news.bitcoinvn.io/shiny-rocks-en-vogue-again-buy-tether-gold-on-bitcoinvn/
Quote
(TL, DR: You can purchase XAUt from BitcoinVN here)
XAUt is necessarily and by design a custodial solution to own Gold. If you are looking to prepare for the collapse.and want to have.some physical Gold at hand, this is *not* the solution.you are looking for.– albeit it is possible to redeem XAUt for physical Gold at selected locations.
XAUt is necessarily and by design a custodial solution to own Gold. If you are looking to prepare for the collapse.and want to have.some physical Gold at hand, this is *not* the solution.you are looking for.– albeit it is possible to redeem XAUt for physical Gold at selected locations.
https://news.bitcoinvn.io/shiny-rocks-en-vogue-again-buy-tether-gold-on-bitcoinvn/
Telegram on the rise – BitcoinVN launches Telegram Bot
Quote
With the recent stark rise in censorship of non-regime compliant content across most Web 2.0 Social Media giants, Telegram messenger secured in 2021 it’s spot as 5th most downloaded app globally and fastest growing app overall in 2021.
Given the strong uptake in active users, BitcoinVN launched its new Telegram Bot to update in an immediate and convenient fashion right onto their devices.
Trade & order updates, referral and staking rewards – all streamed instantly onto your phone.
Given the strong uptake in active users, BitcoinVN launched its new Telegram Bot to update in an immediate and convenient fashion right onto their devices.
Trade & order updates, referral and staking rewards – all streamed instantly onto your phone.
---> https://news.bitcoinvn.io/telegram-on-the-rise-bitcoinvn-launches-telegram-bot/
BitcoinVN OTC desk enabling Lightning OTC transactions up to 20k USD
---> https://news.bitcoinvn.io/bitcoinvn-otc-desk-enabling-lightning-otc-transactions-up-to-20k-usd/?lang=en
Quote
As a next step in its efforts to further integrate the Lightning Network into its service offerings, the OTC desk of Vietnam’s oldest Bitcoin Exchange service BitcoinVN is now offering trades settled via the Lightning Network for an amount of up to an equivalent of 20,000 USD per transaction.
---> https://news.bitcoinvn.io/bitcoinvn-otc-desk-enabling-lightning-otc-transactions-up-to-20k-usd/?lang=en
Chúc mừng năm mới!
The BitcoinVN platform will also be operating during the holidays - however, certain services might see some processing delays (details in the post below).
Thank you for your ongoing support and we wish everyone a good start into the new year!
https://news.bitcoinvn.io/2022-tet-holiday-announcement/?lang=en
The BitcoinVN platform will also be operating during the holidays - however, certain services might see some processing delays (details in the post below).
Thank you for your ongoing support and we wish everyone a good start into the new year!
https://news.bitcoinvn.io/2022-tet-holiday-announcement/?lang=en
BitcoinVN adding support for USDT on Solana
https://news.bitcoinvn.io/bitcoinvn-adding-support-for-usdt-on-solana/?lang=en
Quote
"Ongoing criticism for several years notwithstanding – $USDT (aka “Tether”) remains the stablecoin of choice in the Asian crypto markets and hence in a globally dominant position.
BitcoinVN has thereby taken the logical choice to offer USDT deposits and withdrawals on its cryptocurrency exchange with direct access to the Vietnamese banking system or alternatively cash withdrawals in major locations across Vietnam."
BitcoinVN has thereby taken the logical choice to offer USDT deposits and withdrawals on its cryptocurrency exchange with direct access to the Vietnamese banking system or alternatively cash withdrawals in major locations across Vietnam."
https://news.bitcoinvn.io/bitcoinvn-adding-support-for-usdt-on-solana/?lang=en
USDT_TRC20 live on BitcoinVN - direct cash-in/cashout versus Vietnamese Dong possible (bank wire & cash offices).
https://news.bitcoinvn.io/usdt-on-tron-now-available/?lang=en
Quote
After successful trial phases via the BitcoinVN OTC desk, USDT on Tron (USDT-TRC20) has been integrated into the BitcoinVN exchange.
BitcoinVN CEO Bao Phuong Nguyen:
“As we have stated previously, this move should not be seen as an endorsement of the TRON token itself – but we have to recognize that the TRON team managed to capture a wide market-opening by quickly integrating with most Asian exchanges – and established itself as quasi-standard transfer protocol for USDT due to the ongoing high fees on the Ethereum (ERC20) protocol.”
BitcoinVN CEO Bao Phuong Nguyen:
“As we have stated previously, this move should not be seen as an endorsement of the TRON token itself – but we have to recognize that the TRON team managed to capture a wide market-opening by quickly integrating with most Asian exchanges – and established itself as quasi-standard transfer protocol for USDT due to the ongoing high fees on the Ethereum (ERC20) protocol.”
https://news.bitcoinvn.io/usdt-on-tron-now-available/?lang=en
BitcoinVN launches major service upgrade
https://news.bitcoinvn.io/bitcoinvn-launches-major-upgrade/?lang=en
Quote
- More deposit/withdrawal methods
- Direct Asset-to-Asset Exchange
- Increased trading limits
- Direct Asset-to-Asset Exchange
- Increased trading limits
https://news.bitcoinvn.io/bitcoinvn-launches-major-upgrade/?lang=en
Like our service and want to recommend it to your friends?
Use your affiliate link to earn some additional rewards on every trade conducted by your referrals! 🙌
---> https://bitcoinvn.io/en/affiliate-program
https://i.ibb.co/2PV9z1Q/affiliatebv.jpg
Use your affiliate link to earn some additional rewards on every trade conducted by your referrals! 🙌
Quote
- Visit your affiliate page here
- You will see your own affiliate URL. This is the unique link assigned to you.
- Copy that affiliate URL and start sharing it with your friends, posting on your Facebook and other social networks. You can write up some introduction to get more attention from your audiences.
- Whenever anyone follows that link to our platform and successfully makes an order, we will know and credit your account a certain part of our fee revenue from that trade.
- You will continuously earn money in the futures, when that person keeps trading with us.
Start sharing your affiliate URL now!
- You will see your own affiliate URL. This is the unique link assigned to you.
- Copy that affiliate URL and start sharing it with your friends, posting on your Facebook and other social networks. You can write up some introduction to get more attention from your audiences.
- Whenever anyone follows that link to our platform and successfully makes an order, we will know and credit your account a certain part of our fee revenue from that trade.
- You will continuously earn money in the futures, when that person keeps trading with us.
Start sharing your affiliate URL now!
---> https://bitcoinvn.io/en/affiliate-program
https://i.ibb.co/2PV9z1Q/affiliatebv.jpg
Batched Bitcoin withdrawals enabled
https://news.bitcoinvn.io/bitcoinvn-adding-batched-segwit-withdrawals/?lang=en
Quote
While instant settlement remains an option, the user now has the choice to delay the settlement of his Bitcoin purchase in order to save on transaction fees via transaction batching.
https://news.bitcoinvn.io/bitcoinvn-adding-batched-segwit-withdrawals/?lang=en
Our News Desk published an article via Crypto prices in Vietnam are currently diverging from the "official rate" as show in Google, XE etc.
TL,DR: Koreans & artificial interventions in the marketplace
https://news.bitcoinvn.io/why-is-crypto-in-vietnam-so-expensive/?lang=en
Quote
When do prices in Vietnam normalize again?
Well, we got no crystal ball.
What we can tell is that the current period is indeed the highest and longest-lasting premium we have seen in over seven years of operation outside the Q4/17 – Q1/18 market top of the last cycle.
Over the whole course of 2020 the premium over the western markets usually ranged just within 1-2% compared to the official rate provided by the central bank.
Tendencially there is a good chance that the premium will persist for a fair while longer as long as the Kim Chi premium persists in this bull market cycle.
So do not expect the prices to drop much closer to the official central bank rates soon.
Well, we got no crystal ball.
What we can tell is that the current period is indeed the highest and longest-lasting premium we have seen in over seven years of operation outside the Q4/17 – Q1/18 market top of the last cycle.
Over the whole course of 2020 the premium over the western markets usually ranged just within 1-2% compared to the official rate provided by the central bank.
Tendencially there is a good chance that the premium will persist for a fair while longer as long as the Kim Chi premium persists in this bull market cycle.
So do not expect the prices to drop much closer to the official central bank rates soon.
TL,DR: Koreans & artificial interventions in the marketplace
https://news.bitcoinvn.io/why-is-crypto-in-vietnam-so-expensive/?lang=en
About the BTM, the official page has this information. It implies BTM can be used to sell Bitcoin or altcoins.
- Have the team integrated Dogecoin for BTM or planned to do this in the future?
- I am thinking this sentence should be revised to Buy or Sell, not only Sell.
Quote
Sell Bitcoin or altcoin (Start the process online & pick up cash without waiting)
Source: https://btm.bitcoinvn.io/I think it is integrated on BTMs after I checked farther.
Hello Tran Thi Dung!
We just got notified by our team about your feedback - thank you very much and we indeed appreciate it highly!
Currently Altcoins are disabled across our fleet (the old Software setup used was from 2015 - and has not kept up with the changing transaction fee landscape), but we are currently working as one of our main projects on vastly improving the UX/UI of the software running on our machines.
Once that is concluded (towards Q3/2021) - there might be also an option to buy Dogecoin etc. directly with VND on the machines.
We have also our own thread here where we post regular updates:
https://bitcointalksearch.org/topic/m.56571413
And you can also follow us on Twitter or Facebook in case you are active on those pages
Jump to: