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We are all satoshi. twitter.com/binance/status…
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@Beka_Zlemingov Might do in the future, but we don't want to be seen as trying to overly influence people on their actions. It's their money, their choice.
May try to think of a way to thank our holders after all this is in the past.
682
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It costs some network fees to run these "tests". But keeps the industry healthy.
Exchange business is simple. 👇
2/2
twitter.com/cz_binance/sta…
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We saw some withdrawals today (net $1.14b ish). We have seen this before. Some days we have net withdrawals; some days we have net deposits. Business as usual for us.
I actually think it is a good idea to “stress test withdrawals” on each CEX on a rotating basis. 💪
1/2 twitter.com/boxmining/stat…
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@CryptoAlerts365 We ALL need to do this, then the FUDDers go away. And everything is better.
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Typo, you CAN'T FUD... Too much work to delete a thread and repost, will let it stay.
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Since then, there has hardly been a week going by without some FUD. We learned the ability to ignore them and keep building.
We thank you for all your support over the years. And let's continue to build together. 4/4 🙏
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We were a new startup, not able to reach all the media outlets. This “competitor” helped us to get the word out. I had many inquiries like: “hey, just read about you, the article is negative, but it's obviously an attack, so I want to invest in you.” 3/4
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From day 1 of the Binance ICO (5 years ago), there were FUD sponsored by a large exchange then (now very small). Articles from “Why Binance ICO will fail” to “CZ can’t write code” showed up magically. 2/4
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FUD helps us grow, even though they are thoroughly annoying.
You can FUD about someone without explicitly mentioning their name, which spreads awareness.
It also helps unite their supporters because it forms a common defense alliance.
Short thread. 1/4 twitter.com/PeregrineBTC/s…
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These are 1:1 conversions, no margin or leverage involved. We will also try to establish more fluid swap channels in the future. In the meantime, feel free to withdraw any other stable coin, BUSD, USDT, etc. 🙏2/2
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On USDC, we have seen an increase in withdrawals. However, the channel to swap from PAX/BUSD to USDC requires going through a bank in NY in USD. The banks are not open for another few hours. We expect the situation will be restored when the banks open. 1/2
CEO @binance, holder of #bnb #btc