cipher 1
@Square-Creator-e622f24f104f
区块链专业大二学生勇闯币圈，撸空投，玩现货，不断学习提高认知
Following
Followers
Liked
Shared
See original
PINNED
lista sets sail for a new era
#Lista启航新纪元
lista must be on 1u! ! ! !
After someone got into Binance, they started to realize that they couldn’t just list random projects anymore. I wonder if anyone has noticed that many tokens have been delisted.
The recent new coins io zk zro are all projects that have been signed and invested in before.
Lista not are all star projects of Binance. I don’t need to tell you how many times not has increased.
Yijie also said on X that Binance is optimistic about the stablecoin track and welcomes cooperation with stablecoin projects
Next, let’s look at what kind of currency lista is and what it does.
First of all, what is Lista?
lista must be on 1u! ! ! !
After someone got into Binance, they started to realize that they couldn’t just list random projects anymore. I wonder if anyone has noticed that many tokens have been delisted.
The recent new coins io zk zro are all projects that have been signed and invested in before.
Lista not are all star projects of Binance. I don’t need to tell you how many times not has increased.
Yijie also said on X that Binance is optimistic about the stablecoin track and welcomes cooperation with stablecoin projects
Next, let’s look at what kind of currency lista is and what it does.
First of all, what is Lista?
See original
Review of Trump's speech at the Bitcoin Conference tonight:
1. Trump announced that if elected, he would establish a strategic national Bitcoin reserve for the US government.
2. The US government will retain 100% of the Bitcoin it owns and prevent the US government from selling the seized Bitcoin (200,000)
3. Never sell your Bitcoin. After being elected, the US government will be prevented from selling Bitcoin;
4. Bitcoin is gold. Believe in the future of Bitcoin. The market value of Bitcoin will exceed that of gold;
5. Bitcoin is not a threat to the US dollar, but the current government is;
6. After being elected president, a Bitcoin/Cryptocurrency Presidential Advisory Committee will be appointed;
7. In the future, billions of people will enter the crypto field and store funds;
8. On the first day of my election, I will fire Gary Gensler and appoint a new SEC chairman;
9. Bitcoin represents freedom, sovereignty, and independence from government coercion and control;
10. The United States will become the global cryptocurrency capital and the world's Bitcoin superpower.
11. I promise the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris’ anti-cryptocurrency campaign will end;
12. There will never be a CBDC during my presidency;
13. BTC is a good tool for inflation;
14. Bitcoin is going to the moon#比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？
1. Trump announced that if elected, he would establish a strategic national Bitcoin reserve for the US government.
2. The US government will retain 100% of the Bitcoin it owns and prevent the US government from selling the seized Bitcoin (200,000)
3. Never sell your Bitcoin. After being elected, the US government will be prevented from selling Bitcoin;
4. Bitcoin is gold. Believe in the future of Bitcoin. The market value of Bitcoin will exceed that of gold;
5. Bitcoin is not a threat to the US dollar, but the current government is;
6. After being elected president, a Bitcoin/Cryptocurrency Presidential Advisory Committee will be appointed;
7. In the future, billions of people will enter the crypto field and store funds;
8. On the first day of my election, I will fire Gary Gensler and appoint a new SEC chairman;
9. Bitcoin represents freedom, sovereignty, and independence from government coercion and control;
10. The United States will become the global cryptocurrency capital and the world's Bitcoin superpower.
11. I promise the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris’ anti-cryptocurrency campaign will end;
12. There will never be a CBDC during my presidency;
13. BTC is a good tool for inflation;
14. Bitcoin is going to the moon#比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？
See original
Lista must be listed on 1u! ! ! !
After someone entered Binance, Binance began to realize that it could no longer list random projects. I wonder if anyone has noticed that many tokens have been delisted.
The recent new coins io zk zro are all projects that have been signed contracts for investment.
And lista not are all star projects of Binance. I don’t need to say that not has doubled several times.
Lista is native to the BNB Chain ecosystem and plans to expand to multiple chains in the near future.
The first question: What benefits and rights do LISTA token holders have?
The first is to have voting rights on protocol governance, participate in key decisions, choose collateral types and determine token issuance strategies.
In addition, lista users can pledge tokens to the listapie platform. For every $1 worth of Lista pledged, 15 Stardust can be obtained every day.
The second question: What are the future prospects of slibnb?
slisBNB is Synclub’s income-based liquidity pledge token, and its appreciation against BNB is consistent with BNB’s pledge APR.
Unlike traditional staking assets that are locked in contracts, liquid staking tokens can be traded or used as collateral to earn yields across the DeFi ecosystem.
Question 3: What is the future of Lista DAO in liquidity staking?
The original intention of Lista DAO was to propose a solution to the capital efficiency problem caused by over-collateralized stablecoins, that is, to allow users to leverage funds using collateralized debt positions (CDPs). By combining the functions of Liquid Staking, the MakerDAO model, and additional liquidity from LPs on DEX, Lista will avoid problems such as freezing of funds (fiat support) or loss of holding value (algorithmic) due to price instability.
Lista DAO has demonstrated great innovation potential in the field of liquidity staking. Through flexible staking and lending services, Lista DAO provides users with a variety of yield management solutions and improves the liquidity and efficiency of asset use. In the future, Lista DAO will continue to expand its platform functions, attract more users and developers to join, and promote the popularization and development of decentralized finance. #Lista启航新纪
After someone entered Binance, Binance began to realize that it could no longer list random projects. I wonder if anyone has noticed that many tokens have been delisted.
The recent new coins io zk zro are all projects that have been signed contracts for investment.
And lista not are all star projects of Binance. I don’t need to say that not has doubled several times.
Lista is native to the BNB Chain ecosystem and plans to expand to multiple chains in the near future.
The first question: What benefits and rights do LISTA token holders have?
The first is to have voting rights on protocol governance, participate in key decisions, choose collateral types and determine token issuance strategies.
In addition, lista users can pledge tokens to the listapie platform. For every $1 worth of Lista pledged, 15 Stardust can be obtained every day.
The second question: What are the future prospects of slibnb?
slisBNB is Synclub’s income-based liquidity pledge token, and its appreciation against BNB is consistent with BNB’s pledge APR.
Unlike traditional staking assets that are locked in contracts, liquid staking tokens can be traded or used as collateral to earn yields across the DeFi ecosystem.
Question 3: What is the future of Lista DAO in liquidity staking?
The original intention of Lista DAO was to propose a solution to the capital efficiency problem caused by over-collateralized stablecoins, that is, to allow users to leverage funds using collateralized debt positions (CDPs). By combining the functions of Liquid Staking, the MakerDAO model, and additional liquidity from LPs on DEX, Lista will avoid problems such as freezing of funds (fiat support) or loss of holding value (algorithmic) due to price instability.
Lista DAO has demonstrated great innovation potential in the field of liquidity staking. Through flexible staking and lending services, Lista DAO provides users with a variety of yield management solutions and improves the liquidity and efficiency of asset use. In the future, Lista DAO will continue to expand its platform functions, attract more users and developers to join, and promote the popularization and development of decentralized finance. #Lista启航新纪
See original
Many people are saying that there is no alt season. I can only say that it is stupid to say this. The altcoins are not crazy just because the market is not crazy enough. The lack of enthusiasm proves that the bull market is in its early stages. Everyone is making money and everyone is crazy. Do you think the bull market is coming? Or is it over? People should learn to think independently, instead of being influenced by certain remarks. Only by thinking independently can we control the market! #大盘走势 #比特币减半
See original
#BTC🔥🔥🔥🔥🔥🔥 #符文 #RuneRatsCoin
Whether it is Runestone or other projects of the Rune protocol, they have attracted widespread attention in China and the West recently. They not only show the new technical potential of Ordinals, but also reflect the expectations of the entire market for this rune protocol. Will the Bitcoin halving and the launch of the new protocol start a new round of Bitcoin ecological sector rotation? Can the third wave of inscriptions that everyone has been looking forward to also arrive smoothly with the help of runes? Let us all wait and see!
Whether it is Runestone or other projects of the Rune protocol, they have attracted widespread attention in China and the West recently. They not only show the new technical potential of Ordinals, but also reflect the expectations of the entire market for this rune protocol. Will the Bitcoin halving and the launch of the new protocol start a new round of Bitcoin ecological sector rotation? Can the third wave of inscriptions that everyone has been looking forward to also arrive smoothly with the help of runes? Let us all wait and see!
See original
$BTC
#BTC🔥🔥🔥🔥🔥🔥 #符文 #Runes符文
There are many Runes protocol projects in the market that have started to warm up. Since the official Runes protocol has not been released yet, strictly speaking, there are no Runes runes now. Many of them are still released in the form of Bitcoin NFT. After the official version of the protocol is launched, they will be distributed in the form of runes through airdrops or 1:1 exchange.
After the halving of BTC, you can play runes. The Rune Protocol is an enhanced version of the Inscription Protocol. The maximum ordi is 90u each. So how much can the rune be worth? This website simulates the process of playing runes, and the interface is the same.
►BTC test coin collection: https://coinfaucet.eu/en/btc-testnet/
►unisat rune test network: https://testnet.unisat.io/runes/inscribe
#BTC🔥🔥🔥🔥🔥🔥 #符文 #Runes符文
There are many Runes protocol projects in the market that have started to warm up. Since the official Runes protocol has not been released yet, strictly speaking, there are no Runes runes now. Many of them are still released in the form of Bitcoin NFT. After the official version of the protocol is launched, they will be distributed in the form of runes through airdrops or 1:1 exchange.
After the halving of BTC, you can play runes. The Rune Protocol is an enhanced version of the Inscription Protocol. The maximum ordi is 90u each. So how much can the rune be worth? This website simulates the process of playing runes, and the interface is the same.
►BTC test coin collection: https://coinfaucet.eu/en/btc-testnet/
►unisat rune test network: https://testnet.unisat.io/runes/inscribe
See original
Xterio has raised $55 million, with a nanny-level airdrop tutorial
Xterio is a global, cross-platform, play-to-earn developer and publisher dedicated to connecting millions of people around the world through deeply engaging gaming worlds enhanced by digital ownership. Xterio’s focus is on developing a Web3-native universe that will scale across all media and platforms.
Palio, a subsidiary of Xterio, is a flagship project empowered by cutting-edge artificial intelligence technology. It has created an emotional engine that allows users to interact, discover and play with AI companions. The Odyssey points airdrop event is now open. Points earned by raising pets in Palio can be redeemed for airdrop allocations in the Xterio ecosystem.
Palio, a subsidiary of Xterio, is a flagship project empowered by cutting-edge artificial intelligence technology. It has created an emotional engine that allows users to interact, discover and play with AI companions. The Odyssey points airdrop event is now open. Points earned by raising pets in Palio can be redeemed for airdrop allocations in the Xterio ecosystem.
See original
What is slippage? What is the slippage we set when buying local dogs on okx?
Slippage refers to the difference between the actual transaction execution price and the expected price. Slippage usually occurs when market liquidity is insufficient or trading volume is large, resulting in orders not being fully filled at the expected price, resulting in price deviations.
Slippage can occur due to the following factors:
Insufficient liquidity: When there are fewer buy and sell orders in the market, there may be large gaps in the exchange's order book, and the price difference between the buy and sell orders is large, resulting in a large deviation between the transaction execution price and the expected price. . To put it simply, there are few people buying this token. Some people only sell it at 0.5, but the price set by the buyers is 0.4. There is a large gap between them, so the order cannot be completed. Large trading volume: When trading volume is large, the market depth may not be able to meet all order demands, causing some orders to be filled at a higher or lower price, resulting in slippage. Market volatility: Prices in the cryptocurrency market fluctuate greatly, especially in times of high volatility. Order execution prices may experience slippage due to changes in market prices.
Slippage can occur due to the following factors:
Insufficient liquidity: When there are fewer buy and sell orders in the market, there may be large gaps in the exchange's order book, and the price difference between the buy and sell orders is large, resulting in a large deviation between the transaction execution price and the expected price. . To put it simply, there are few people buying this token. Some people only sell it at 0.5, but the price set by the buyers is 0.4. There is a large gap between them, so the order cannot be completed. Large trading volume: When trading volume is large, the market depth may not be able to meet all order demands, causing some orders to be filled at a higher or lower price, resulting in slippage. Market volatility: Prices in the cryptocurrency market fluctuate greatly, especially in times of high volatility. Order execution prices may experience slippage due to changes in market prices.
See original
How awesome is slerf’s sexy operation? It’s full of story
The price of SLERF has increased dozens of times since its issuance, and its market value once approached US$700 million. It only took three hours to complete the three-day journey of BOME, becoming the focus of the market. After peaking at $1.37, SLERF began a mountaintop decline, falling as low as $0.35. However, during the day today, SLERF broke through the bottom shock trend and surged upward for the second time, reaching a maximum of $1.48, setting a new high. Its market value once exceeded BOME, becoming the eighth largest Meme coin by market value.
At the beginning of the SLERF story the day before yesterday, SLERF founder Slerf posted on the Under the combined influence of multiple factors such as "accommodation capacity" and "token security", SLERF poured in a large amount of funds and completed a round of skyrocketing and plummeting. But when it hit the bottom, the token's popularity still didn't subside, and founder Slerf's Space event attracted tens of thousands of people. The founder also joked to himself that I need a lawyer, but SLERF will last forever and pre-sale participants will never be forgotten.
At the beginning of the SLERF story the day before yesterday, SLERF founder Slerf posted on the Under the combined influence of multiple factors such as "accommodation capacity" and "token security", SLERF poured in a large amount of funds and completed a round of skyrocketing and plummeting. But when it hit the bottom, the token's popularity still didn't subside, and founder Slerf's Space event attracted tens of thousands of people. The founder also joked to himself that I need a lawyer, but SLERF will last forever and pre-sale participants will never be forgotten.
See original
Binance said that the "BOME rat warehouse" has nothing to do with him, so what exactly is a rat warehouse?
"Rat Trading" means that in stocks, futures or other financial markets, some people use their inside information, advantageous position or illegal means to obtain certain information in advance, and then buy or sell in large quantities before the information is made public. The act of selling relevant securities to obtain illegal benefits.
Before using public funds to raise the stock price, market makers first use their own (institution leaders, traders, their relatives, and related households) funds to build positions at low prices. After using public funds to raise the stock price to high levels, the market makers take the lead in selling their personal positions to make a profit.
Specifically, "rat positions" often occur when some people, after knowing about important news, financial reports or other information that will affect the market, use their advantageous position or channels to conduct a large number of transactions before the information is made public in order to seek unfair gains. Interests. This behavior not only damages the fairness and transparency of the market, but also weakens the confidence of ordinary investors and seriously affects the stability and healthy development of the market.
Before using public funds to raise the stock price, market makers first use their own (institution leaders, traders, their relatives, and related households) funds to build positions at low prices. After using public funds to raise the stock price to high levels, the market makers take the lead in selling their personal positions to make a profit.
Specifically, "rat positions" often occur when some people, after knowing about important news, financial reports or other information that will affect the market, use their advantageous position or channels to conduct a large number of transactions before the information is made public in order to seek unfair gains. Interests. This behavior not only damages the fairness and transparency of the market, but also weakens the confidence of ordinary investors and seriously affects the stability and healthy development of the market.
See original
@Slerfsol, founder of Meme project SLERF, which previously raised over 50,000 SOL, posted on the X platform that he had destroyed LP and airdrop reserved tokens due to misoperation, and the right to mint the coins has been revoked, and there was nothing he could do.
slerf has been in many small offices now #热门话题 #sol #slerf
slerf has been in many small offices now #热门话题 #sol #slerf
See original
We all know that smart money makes money, so what is smart money? How to track smart money?
What is smart money?
In the field of encryption, smart money refers to professional investment institutions or individual investors with professional knowledge, in-depth understanding of the market, and information advantages. Smart money has always been the focus of attention in the crypto market because these entities usually have access to information and resources that are not easily available to ordinary traders. They have rich trading experience, excellent historical performance, and mature investment concepts, which may make them successful in the crypto market. Dominate the cryptocurrency market where there is severe information asymmetry.
Why follow smart money?
In the field of encryption, smart money refers to professional investment institutions or individual investors with professional knowledge, in-depth understanding of the market, and information advantages. Smart money has always been the focus of attention in the crypto market because these entities usually have access to information and resources that are not easily available to ordinary traders. They have rich trading experience, excellent historical performance, and mature investment concepts, which may make them successful in the crypto market. Dominate the cryptocurrency market where there is severe information asymmetry.
Why follow smart money?
See original
What are primary and secondary markets? How did BOME coin achieve 500 times?
In traditional financial markets, primary market and secondary market refer to different market environments and transaction stages.
Primary Market: refers to the market where new stocks or bonds are issued for the first time. During this stage, the company raises funds by issuing new stocks or bonds. Investors purchase these newly issued securities directly from the company or its agents, and these transactions inject funds into the company's capital structure. The main participants in the primary market include companies, underwriters and investors.
Secondary Market: The secondary market refers to the buying and selling of issued securities on stock exchanges or other exchanges. Trading of these securities no longer affects a company's capital structure but is instead bought and sold among investors. In the secondary market, the price of securities is determined by market supply and demand, and investors can conduct buy and sell transactions based on market prices. The main participants in the secondary market include investors, stock exchanges and brokers.
Primary Market: refers to the market where new stocks or bonds are issued for the first time. During this stage, the company raises funds by issuing new stocks or bonds. Investors purchase these newly issued securities directly from the company or its agents, and these transactions inject funds into the company's capital structure. The main participants in the primary market include companies, underwriters and investors.
Secondary Market: The secondary market refers to the buying and selling of issued securities on stock exchanges or other exchanges. Trading of these securities no longer affects a company's capital structure but is instead bought and sold among investors. In the secondary market, the price of securities is determined by market supply and demand, and investors can conduct buy and sell transactions based on market prices. The main participants in the secondary market include investors, stock exchanges and brokers.
See original
#What is a meme coin and why#BOMEis so popular
Chinese translation meme is meme
Memes refer to cultural elements that are widely circulated on the Internet, usually **images, videos, jokes, or other forms of content** that are repeatedly forwarded, imitated, modified, or created new versions by users. These memes can spread **quickly** on **social media, forums, chat apps** and other platforms and generate a lot of **discussions and shares** over a period of time. Simply put, it is traffic.
Currently, the meme coin with the highest market value is Dogecoin (GOGE). Dogecoin originated from an Internet joke. It was founded by two software engineers, Billy Markus and Jackson Paimer, as a mockery of Bitcoin. Dogecoin has reached US$0.01 from US$0.0021 in 2019 to the early stage of the cryptocurrency bull market in 2021, an increase of 5 times, and has reached US$0.64 at the peak of the bull market, an increase of 64 times. Whether it is Bitcoin or Ethereum and other No currency has experienced such a big increase. The earth dog has turned into a golden dog. It is indeed an era when traffic is king.
Yesterday’s BOME coin ignited the FOMO (Fear of Missing Out) sentiment in the market. In fact, I watched it double and double since March 15th, and finally I couldn’t stand it anymore. It entered the market on a pullback in the middle of the night and doubled the next day. It’s really like “value investing is all in vain, and stud dogs become rich.” If you send only 1 sol token in the $BOME pre-sale, you will receive $100,000 in just 72 hours today! There is a difference between the primary market and the secondary market, which will be discussed later.
BOME, the full name of "Book of Meme", is an innovative project based on the Solana network and initiated by the well-known encryption artist Darkfarms. He calls himself an "art master/graffiti master" and has become a very influential figure in the crypto art world. This is one of the reasons for the explosion of popularity, the "celebrity effect."
On March 10, the project was mentioned for the first time and teased in a light and humorous way. Darkfarm started the pre-sale of BOME by sending SOL to the designated Solana address. To Darkfarm’s expectation, the BOME project raised more than 10,000 SOL within 24 hours, far exceeding the initial expectation of 500 to 600 SOL. , as more investors joined, Darkfarms told people to stop sending SOL.Here is the knowledge about flow pools
Chinese translation meme is meme
Memes refer to cultural elements that are widely circulated on the Internet, usually **images, videos, jokes, or other forms of content** that are repeatedly forwarded, imitated, modified, or created new versions by users. These memes can spread **quickly** on **social media, forums, chat apps** and other platforms and generate a lot of **discussions and shares** over a period of time. Simply put, it is traffic.
Currently, the meme coin with the highest market value is Dogecoin (GOGE). Dogecoin originated from an Internet joke. It was founded by two software engineers, Billy Markus and Jackson Paimer, as a mockery of Bitcoin. Dogecoin has reached US$0.01 from US$0.0021 in 2019 to the early stage of the cryptocurrency bull market in 2021, an increase of 5 times, and has reached US$0.64 at the peak of the bull market, an increase of 64 times. Whether it is Bitcoin or Ethereum and other No currency has experienced such a big increase. The earth dog has turned into a golden dog. It is indeed an era when traffic is king.
Yesterday’s BOME coin ignited the FOMO (Fear of Missing Out) sentiment in the market. In fact, I watched it double and double since March 15th, and finally I couldn’t stand it anymore. It entered the market on a pullback in the middle of the night and doubled the next day. It’s really like “value investing is all in vain, and stud dogs become rich.” If you send only 1 sol token in the $BOME pre-sale, you will receive $100,000 in just 72 hours today! There is a difference between the primary market and the secondary market, which will be discussed later.
BOME, the full name of "Book of Meme", is an innovative project based on the Solana network and initiated by the well-known encryption artist Darkfarms. He calls himself an "art master/graffiti master" and has become a very influential figure in the crypto art world. This is one of the reasons for the explosion of popularity, the "celebrity effect."
On March 10, the project was mentioned for the first time and teased in a light and humorous way. Darkfarm started the pre-sale of BOME by sending SOL to the designated Solana address. To Darkfarm’s expectation, the BOME project raised more than 10,000 SOL within 24 hours, far exceeding the initial expectation of 500 to 600 SOL. , as more investors joined, Darkfarms told people to stop sending SOL.Here is the knowledge about flow pools
See original
what is kyc
KYC is the abbreviation of "Know Your Customer"
To put it simply, it is real-name authentication.
KYC certification is an operating rule that financial institutions, banks, exchanges and other companies must carry out. KYC seems more like a record of a user’s personal profile information, such as real name, phone number, ID number, appearance, property status, social relationships, etc. When you go to a bank to open an account, you need to fill in a lot of detailed personal information. This is KYC. Or if you open Alipay or WeChat Pay, you also need real-name authentication (fill in your real name, mobile phone number and ID number), which is also KYC. KYC is very necessary for business management, protecting the property security of itself and its users, and meeting the regulatory requirements of government departments.
What is the role of KYC certification?
KYC is an essential link in all financial activities in the international community. Mainly used to prevent anti-money laundering, identity theft, financial fraud and other crimes. The three elements required for general verification are: name + ID card + mobile phone verification. The main goals of KYC are to verify the identity of the customer, assess the customer’s risk, and monitor the customer’s trading behavior. Financial institutions often require customers to provide identification documents and other relevant information for KYC verification.
What is the meaning of KYC certification?
Cryptocurrency has the characteristics of decentralization and a certain degree of anonymity, which is contrary to KYC to some extent. Moreover, cryptocurrencies were previously not subject to government regulation and legal constraints, so exchanges’ KYC requirements were not so strict in the past. However, in the past few years, fraud and theft incidents have frequently occurred in cryptocurrency transactions, and criminals have also used cryptocurrency to conduct illegal activities such as fund-raising, money laundering, and drug trafficking. Therefore, driven by governments and financial regulatory authorities of various countries, KYC has gradually become a Rules that cryptocurrency exchanges must enforce. If you think about it, in the past, bank cards and mobile phone numbers did not require real-name authentication. In this era of big data, it can be said that individuals have basically no privacy at all. #kyc #热门话题 #
KYC is the abbreviation of "Know Your Customer"
To put it simply, it is real-name authentication.
KYC certification is an operating rule that financial institutions, banks, exchanges and other companies must carry out. KYC seems more like a record of a user’s personal profile information, such as real name, phone number, ID number, appearance, property status, social relationships, etc. When you go to a bank to open an account, you need to fill in a lot of detailed personal information. This is KYC. Or if you open Alipay or WeChat Pay, you also need real-name authentication (fill in your real name, mobile phone number and ID number), which is also KYC. KYC is very necessary for business management, protecting the property security of itself and its users, and meeting the regulatory requirements of government departments.
What is the role of KYC certification?
KYC is an essential link in all financial activities in the international community. Mainly used to prevent anti-money laundering, identity theft, financial fraud and other crimes. The three elements required for general verification are: name + ID card + mobile phone verification. The main goals of KYC are to verify the identity of the customer, assess the customer’s risk, and monitor the customer’s trading behavior. Financial institutions often require customers to provide identification documents and other relevant information for KYC verification.
What is the meaning of KYC certification?
Cryptocurrency has the characteristics of decentralization and a certain degree of anonymity, which is contrary to KYC to some extent. Moreover, cryptocurrencies were previously not subject to government regulation and legal constraints, so exchanges’ KYC requirements were not so strict in the past. However, in the past few years, fraud and theft incidents have frequently occurred in cryptocurrency transactions, and criminals have also used cryptocurrency to conduct illegal activities such as fund-raising, money laundering, and drug trafficking. Therefore, driven by governments and financial regulatory authorities of various countries, KYC has gradually become a Rules that cryptocurrency exchanges must enforce. If you think about it, in the past, bank cards and mobile phone numbers did not require real-name authentication. In this era of big data, it can be said that individuals have basically no privacy at all. #kyc #热门话题 #