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Topic: How to speed up the process of crypto trading? (Read 325 times)

jr. member
Activity: 82
Merit: 2
"stable store of value" until the point it's not legal anymore  Roll Eyes

I understand your sarcasm.
But all crypto marker is a kind of game...
And stablecoin is just an instrument with its advantages and disadvantages...
jr. member
Activity: 82
Merit: 2
Well don't get me wrong but if is possible i will send money EUR or USD to exchange and i preffer to keep on fiat money until i trade because if something happen with stable coins i not lose nothing.

You're right generally.
But transactions FIAT <-> Crypto are slower, than Stablecoin <-> Crypto.
You can't do effective sculping via fiat.
hero member
Activity: 1414
Merit: 516
Well don't get me wrong but if is possible i will send money EUR or USD to exchange and i preffer to keep on fiat money until i trade because if something happen with stable coins i not lose nothing.
jr. member
Activity: 82
Merit: 2
You should use stablecoins.

EURS lets you send money instantly with no intermediaries.
Bitcoins lightning network can do the same too, but it's decentralized and with privacy, there are altcoins out there offer almost instant trasaction and with low transaction fee, there's no point having to receive the money instantly if your not gonna use it.

Stablecoin bridge is the same service as I can see. :-)

jr. member
Activity: 82
Merit: 2
And now for now this is a roulette game.

All crypto market is a kind of roulette game...  Grin
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
It seems to me that the cryptocurrency process accelerates if it is legalized.  Then everything will be based on real money and everyone will then really think.  And now for now this is a roulette game.
hero member
Activity: 1232
Merit: 503
You should use stablecoins.

EURS lets you send money instantly with no intermediaries.
i wouldn't use stablecoins unless they are fully regulated and passed the requirement by the government, after seeing what happen to tether it gave me doubts about stable coins.

Bitcoins lightning network can do the same too, but it's decentralized and with privacy, there are altcoins out there offer almost instant trasaction and with low transaction fee, there's no point having to receive the money instantly if your not gonna use it.
jr. member
Activity: 82
Merit: 2
The topic here doesn't really align with the body of your write up.

Yes, it's my flaw...
jr. member
Activity: 82
Merit: 2
why you really need a stable coin if there is paypal, payza and much other things and nowadays most of the banks were allowing you to send money online?

Because crypto transactions are faster than paypal.
member
Activity: 560
Merit: 10
why you really need a stable coin if there is paypal, payza and much other things and nowadays most of the banks were allowing you to send money online?
jr. member
Activity: 82
Merit: 2
I think you are PR for EURS but I really find it to be no different from USDT or USDC. It is just a normal stablecoin and still has the same transaction speed as other altcoins.
In order to compete best, they should promote in the European market, they will buy more.

I wrote not just about EURS but about stablecoins generally.
Of course, they have the same transaction speed.
But it's faster than transactions like FIAT <-> BTC.
jr. member
Activity: 82
Merit: 2

What the? You mean backed by euros? I'll just believe it if they can provide proofs that they have 1:1 reserve.


https://eurs.stasis.net/transparency/ - yes, they have 1:1 reserve :-)
jr. member
Activity: 82
Merit: 2
how to use it as a store of value is the interesting side for me. Can you explain that a little?

I mean that usually you pay large fee every time you buy crypto, and the stablecoin bridge allows you to significantly reduce fee because you don't need to enter fiat
hero member
Activity: 2730
Merit: 585
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You should use stablecoins.

For example, EURS allows user to efficiently send money across borders, utilizing the speed and peer-to-peer nature of blockchain transactions while also providing a stable store of value. Whether you're doing payroll for your business or just paying back a friend for coffee, EURS lets you send money instantly with no intermediaries.

More info: https://raidofinance.eu/analytics/view/173

I am a bit confused as to what you are talking about because from the topic you created, you are referring to crypto trading, but from the content of your post, you are referring to making transactions on the blockchain. Well I think any coin in the crypto market can be used to make transactions, most persons make use of Bitcoin because it is the first coin that was available for transaction and more accepted worldwide.
member
Activity: 532
Merit: 10
You should use stablecoins.

For example, EURS allows user to efficiently send money across borders, utilizing the speed and peer-to-peer nature of blockchain transactions while also providing a stable store of value. Whether you're doing payroll for your business or just paying back a friend for coffee, EURS lets you send money instantly with no intermediaries.

More info: https://raidofinance.eu/analytics/view/173

I think you are PR for EURS but I really find it to be no different from USDT or USDC. It is just a normal stablecoin and still has the same transaction speed as other altcoins.
In order to compete best, they should promote in the European market, they will buy more.
sr. member
Activity: 980
Merit: 294
I got some information about it now. Stablecoin is backed by EUR.
What the? You mean backed by euros? I'll just believe it if they can provide proofs that they have 1:1 reserve.

Dang, i thought this thread will be a discussion thread lol.
A click bait and he got us.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
Crypto is great, There are always many ways to be able to enjoy it to be safer in transactions.
 but after I see more details it is just like any other market And that can be our reference because there are now many markets for crypto transactions..
sr. member
Activity: 1050
Merit: 254
Dang, i thought this thread will be a discussion thread lol. Never heard about EURS before but i will check it later. To speed up the process of crypto trading is easy though, just spend more money on transaction fees on your transaction and poof, your transaction will get confirmed so fast.
legendary
Activity: 3108
Merit: 1029
I curious to see this thread but im a bit surprising after i was seeing this just another kind of promotion thread. OP the speed doesn't important but what is really important in stable coin was to help us securing our profit.
Basically, in trade especially when you are using centralized exchange it's not important.
full member
Activity: 2044
Merit: 109
Has EURS guaranteed that the speed of transactions in seconds can be completed? because if for everyday transactions in my opinion crypto money cannot be done yet, but stable coins guarantee the same value must be certain
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