By: Lydia L Perez

Lydia L Perez — Fri, 17 Sep 2021 17:33:50 +0000

I watched you at Warroom talking about the debt ceiling in US and the devaluation of the dollar. You said something about cripto currency. On these days, it is difficult to trust online information, but I trust Banon and being you his guest in his program I want to ask you about it. I want to protect my savings and want to learn more about it. Can you recommend me a site? Thanks

By: Steven Garfield

Steven Garfield — Sun, 25 Jul 2021 10:44:29 +0000

I'm in England and held various coins paired with Tether on Binance. As the market was going nowhere and I read about Binance having regulatory issues, I decided to move all my assets back to fiat. I got as far as GBP, but Binance wouldn't allow transfer to the bank account I used when I started in Binance nor the debit or credit cards attached to the account. Their message said something like, '' this transfer isn't supported'' and' 'disabled for maintenance' '.
I know nothing about computers or tech and never had a wallet, just left my funds in coins on Binance.
Eventually, I found a YouTube video that knew the problem and had a workaround. I was told to get a wallet on something called Mode. Convert the GBP on Binance to BTC, then send it to Mode. It worked, though Binance took a long time to finally let go of my money.
From Mode, I moved a small amount to my bank and it credited the transfer almost instantly, so I know Mode is real, a big relief. I decided to leave the rest on Mode in BTC as bitcoin is going up again.
I would never go back to Binance!
Can anyone recommend where to buy and sell coins.?
Mark, you said don't leave your funds on an exchange, where should I hold them? Keep it simple please, I'm really not good on the tech terms or uses.
Thanks
Steven

Comments on: Tether being a fraud teaches us more about fiat than it does about cryptos

By: Lydia L Perez

By: Steven Garfield