Topic: Crypocto - page 2. (Read 1777 times)

Hi. Thank you for your comment. We will take it into consideration.
On our website you can make exchanges without registration. This is an advantage of our website.

Genesis was disappointed that Gemini is waging a public media campaign despite ongoing productive private dialogue between the parties. This is a very comples process that will take some aditional time.

Gemini officially closes Earn programme

Gemini clients have received a letter informing them that the stock exchange is terminating its loan agreement with Genesis Global Capital and halting the Earn yield program. The company stresses that the termination of the loan agreement does not affect Gemini's plans - they will continue to seek a way out of this situation.

Amid the cryptocrisis, credit broker Genesis has frozen withdrawals. And because they were Gemini's partner, the cryptocurrency exchange had to block deposits in its Earn programme.

Last week, Gemini co-founder Cameron Winklevoss posted an open letter on social media in which he accused DCG and Genesis founder Barry Silbert of shutting down Gemini's Earn programme.

In another open letter, Winklevoss addresses the DCG board. He is asking the board to fire Silbert because he has driven the company into crisis.

So far, the parties have not given concrete answers as to when Earn investors will get their deposits back.

Israel may equate cryptocurrencies with securities

Israel's regulator (ISA) has published a proposal to extend securities legislation to cryptocurrencies and digital assets.

ISA's proposal covers three regulations:

"Securities and Derivatives Law" of 1968;
"Trust Co-Investment Act" of 1994;
The Investment Advice, Marketing and Portfolio Management Practices Bill of 1995.

The main thesis of the amendments is to introduce a reference to cryptocurrencies in the definition of securities. This will clarify the legal status of cryptocurrencies and prepare the basis for regulation in this area.

This applies to all assets that fall under "the definition of derivatives, even if they are not traded on a stock exchange". The updated bills would affect residents both inside and outside Israel.

Furthermore, if passed, the amendments would automatically place cryptocurrencies under ISA supervision. And while the regulator hides behind concerns about risks to investors, these creeps into the industry seem more like an attempt to tighten oversight in the wake of the high-profile FTX bankruptcy.

Oh yeah, now i see whats ur talking about
I was a bit confused with registration requirements, as the main process is clearly possible without being registered, i mean its just like click and done
But now it could make someone to consider about rewriting privacy policy

Australia's first Lightning Network-enabled crypto machine

The Australian city of Coolangatta has installed a Lightning Network-enabled crypto machine. This is the first physical implementation of Tier 2 technology for bitcoin.

Why it is important

Traditional bitmachines conduct transactions directly on the blockchain. This has its own disadvantages. For example, ISPs have had to move to batch transactions, which has caused fees for miners on the Bitcoin network and for buying BTC through a crypto machine to increase significantly.

Batch transactions slow down the speed of transactions. That is, in practice, the user deposits cash through an ATM, but the cryptocurrency does not arrive immediately. Operators, meanwhile, collect other bids from those wishing to buy BTC. They then group the transactions and send them in one package.

Lightning Network technology solves the problem. It is a Layer 2 protocol that offers high scalability and low transaction costs. The Lightning Network solution promises lower transaction fees. Buyers through such technology will be able to buy minimal fractions of BTC in satoshi.

His point is that in the Announcement, OP claims that the service does not require any registration


But this


and the privacy policy disagree

What's the point of registration then if it is not required?

You must be missing something, even if you closed the tab with the exchange, you are still able to resume it with order finder without being logged in
https://i.imgur.com/nq1MGaZ.png

Hi, posting crypto news doesn't look very well for an ANN topic, this topic should only be about the service you are providing. On the first post, it says no registration needed, but seems to me that we do need to register after all.

SWIFT to introduce crypto features in next update

The internationally recognised financial communications network SWIFT plans to introduce crypto and blockchain features on 19 November 2023.

First of all, they will improve the system's securities reports so that they are suitable for identifying digital assets. Next, the company will add new features related to tokens and implement blockchain wallet address identification. They are also looking at different options for crypto asset storage services.

Since the announcement appeared in the business section, it is not clear whether individuals will be able to use the new options. It is worth bearing in mind that SWIFT is a network for exchanging electronic information between banks. This is not exactly in line with the idea of blockchain, which means a network without intermediaries.

In September, SWIFT and Chainlink launched a pilot project to test cross-chain transactions. And in the US market, they are testing a separate technology that will combine payments between 7 major financial companies. They include asset managers Vanguard and Citigroup.

The New Year is just around the corner!

It's been a difficult year, but we have survived and continue to develop successfully even in the toughest of times. Despite all the difficulties, we delight our customers with pleasant exchange rates, low commissions and a wide range of currencies for exchange.

In the next year we wish you predictions to come true and your balance to be always positive, less liquidations and stormy weather on the market, more reliability and growth where it is needed. And of course, more balance in your wallets, and we will help you with that!

Happy New Year! Your Crypocto team

Reckless and Massive loans which were made when the price of bitcoin was significantly higher than it is today, finally took a bad joke with them

Crypocto referral system!

Crypocto exchanger not only makes the cryptocurrency exchange process even more comfortable, but also helps our partners to earn By using our referral link, which is unique for each user, you can receive from 30% of income from the exchanges, which are made by the clients, attracted by you.

How to get a link and use it properly:

1. The first thing to do is to register on the platform and go to your personal account.
2. Next, you need to click on the "Referrals" section in the panel on the left.
3. After going to the "Referrals" section all the information about the referral program is available for viewing. Namely: personal link, referral percentage, number of attracted referrals, number of active referrals and bonuses (credits).
4. Also, you can specify the amount of withdrawal and the USDT TRC-20 address for withdrawal of referrals.
5. The referral exchange history will also be available in your personal client cabinet. You can count all your referrals by yourself.
6. How to use the link and the options for its distribution you can see referral system Crypocto!

You can also find a more detailed manual in our Instagram (tab "For partners"). Partners earn with us!

Binance has joined the US Chamber of Digital Commerce

Binance has joined the Chamber of Digital Commerce. It is an organisation that lobbies on crypto industry issues in the US. The move will help the exchange quieten the voices of critics accusing the firm of allegedly operating without regulation.

Here's how Binance vice president of public affairs Joanne Kubba commented on the news:

"Our company is in the midst of a rapidly evolving industry, in a complex regulatory environment. It is therefore critical for Binance to work collaboratively with regulators and policymakers. And also with industry representatives such as the Chamber of Digital Commerce. Such collaboration will be fundamental to our overall mission to develop sensible regulations for cryptocurrencies and blockchain. Ultimately, this will ensure that users are protected."

The Chamber of Digital Commerce deals with public policy issues in the crypto industry. This includes promoting tax parity for crypto assets, fair AML/KYC rules, clear regulations for security tokens, etc.

India: G20 members must show unity on cryptocurrency regulation

The G20 bloc is meeting in Bangalore from 13 to 15 December. India is chairing the summit. One of the key issues of the convocation is the regulation of cryptocurrencies.

India's Federal Secretary for Economic Affairs Ajay Seth stressed that the main task of the summit participants is to find consensus on cryptocurrencies. He believes that this will require an examination of not only monetary policy specifics but also the impact of cryptocurrencies on the economies of particular countries.

"The regulations have to come from a certain political point of view. One of the priorities of the meeting is to help countries develop a common regulatory approach to regulating cryptocurrencies," Seth stressed.

Determining the 'tone' of the rules on digital assets will unify the requirements and avoid loss of control due to leakage of funds and companies 'escaping' abroad.

India has a less loyal stance towards cryptocurrencies compared to most other G-20 members. There have been repeated calls for a ban on CA, and in May it was equated with gambling.

Fixed and Floating rate, what is the difference?

For the convenience of our users, we at Crypocto offer two types of exchange rate when making exchange requests: fixed and floating. What do these mean?

Fixed rate

In this case you fix the rate you want to use when you submit your order. The amount to be received remains fixed; if the rate changes by more than the selected percentage before all the necessary approvals are received in the blockchain, you will be able to refund the money or continue the exchange at the floating rate.

Floating rate

If you choose a floating rate, it is only finally set after the transaction receives the required number of confirmations on the blockchain.

Example:

You make a request to exchange BTC for ETH. If you choose a fixed rate, you will receive exactly the amount of ETH you specified when you created the order, or you will receive a notice that the rate has changed and decide what to do next.

If you choose a floating rate, then the total amount may be a little lower or higher than the initial amount, depending on the situation on the exchanges.

So which rate is better to choose?

It all depends on your preferences: if you want to get a fixed amount upon execution of the exchange - then choose a fixed rate. If you just want to exchange your coins with minimal commission - then choose floating.

In any case, the Crypocto support team is always happy to help. We will ensure the most profitable and fastest exchange of fiat and cryptocurrencies.

I'm curious to know how you'd be able to achieve this on GA...

AFAIK, if a certain individual does it on more than one occasion, all of the succeeding/subsequent reviews would fall under the category of reviews that aren't allowed by BestChange:

• Quote from: https://www.bestchange.com/faq.html
  Why was my review deleted?
  
  Administration of exchange rate monitoring service has a right to delete reviews that:
  duplicate the user's other reviews;
  ~Snipped~
  are written by the user with a view or receiving financial or other benefits.

Cryptocto launches a contest!

Every Friday, the Cryptocto service will draw cash prizes. For reviewing us on BestChange, you get the opportunity to win a prize, which will be transferred to your USDT wallet. Every Friday at 15:00 we restart the contest, and until 18:00 we publish the results of the drawing of the entire amount accumulated over the week in our Telegram channel.

Draw conditions:
1. You need to exchange funds on our website crypocto.com
2. On the day of the exchange, leave a review about the work of our service on BestChange, indicating the number of the exchange in the message.
3. Only real numbers of exchange operations on our service participate in the drawing.
4. Go to your mail, open the letter from BestChange and activate the review by clicking on the link.
5. Subscribe to our Telegram channel.


How will the winner be chosen?

The feedback of each contestant adds 0.1 USDT to the final prize. The more reviews, the bigger the winnings! Every week, with the help of Google Authenticator, we select 1 winning review, which will take all the "contents" of the checkout - the amount that will be collected in a week.

1 exchange + 1 review = 1 ticket. More tickets, more chances to win!

if we want to support the industry, then we do not need such a "mass adoption". through it we pump up the market with new people. we were given a life raft, not even a lifeboat, but we want to dismantle most of it and let it go to the fire in order to prove to someone in the darkness of the crisis that "we can do it beautifully." Yes, we can, but then we still have to swim for a long time, and on the stump it will be much more difficult, if feasible at all.

I sincerely hope that such moves wont lead binance to FTX results