So I fully know how to deposit Bitcoin, but just go up to circle K and click (numbers) to verify the pins and check them out.

May 8th Bitfinex launches a tether (USDT) deposit and withdrawal to Kaia

Road Town, Tortola, British Virgin Islands – March 8, 2025 – Bitfinex (https://www.bitfinex.com), a premier digital asset trading platform, today announced that customers can deposit Tether Tokens (USDT) with Kaia and withdraw it. By integrating USDT with Kaia, Bitfinex aims to take advantage of the high-throughput and efficient transaction capabilities of the blockchain, providing users with a seamless experience for sending and receiving stubcoins without relying on external wallets.

Kaia is a Layer-1 blockchain ecosystem formed from the merger of Klaytn and Finschia. This is two networks originally developed by Messaging Giants Kakao and Line, which will help a user base of around 250 million people. Kaia’s approach to integrating mini-Dapps into messaging apps such as Line and Kakaotalk is designed to make it easier for daily users to access blockchain-based services and migrate to Web3 technology.

“Tether’s USDT is one of the most widely adopted stub coins and is available on Kaia, consistent with its mission to bring digital assets closer to everyday use,” he said. Anoush Bhasin, Bitfinex listing manager. “USDT support at KAIA opens up a direct channel for customers to enjoy fast, cost-effective transactions in an ecosystem built to welcome new users.”

Tether’s USDT is the first widely used Stablecoin on the market, reporting a market capitalization of over $144 billion. It is 1:1 fixed in the US dollar, and is designed to maintain stable value, making it a core component of the crypto market.

Following this latest integration, Bitfinex customers can deposit USDT on 20 blockchains and withdraw USDT on 15 blockchains*. These include Algorand, Avalanche, Bitcoin Cash Simple Ledger Protocol (SLP), Ethereum, EOS, Liquid Network, Omni, Polygon, PolygonZkevm, Tezos, Tron, Solana, Polkadot, Kusama, Near Network, Kava, Celo, The Open Network, Aptos, and Kaia.

*Deposits for USDT for Kusama, Bitcoin Cash SLP, EOS, Algorand and Omni tier blockchains have been extended until 01/09/2025. Check out the full announcement here.

For more information, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to Bitfinex Terms of Service (“TOS”). Please note that among other prohibited persons (as defined in TOS), US people (as defined in TOS) are strictly prohibited from directly or indirectly retaining, owning or operating their www.bitfinex.com account (as defined in TOS).

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services for traders and global liquidity providers. In addition to a range of advanced trading capabilities and charting tools, Bitfinex offers access to peer-to-peer financing, the OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools and innovation to experienced traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

Bitfinex media contacts

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Please see the official logo and branding

https://www.bitfinex.com/press/#press-downloads

]]> https://earlybirdsinvest.com/bitfinex-launches-a-tether-usdt-deposit-and-withdrawal-to-kaia/feed/ 0 35113 https://earlybirdsinvest.com/like-spitting-on-a-fire-tether-ceo-slams-eu-deposit-protections-amid-bank-failure-warnings/ https://earlybirdsinvest.com/like-spitting-on-a-fire-tether-ceo-slams-eu-deposit-protections-amid-bank-failure-warnings/#respond Sun, 04 May 2025 10:25:10 +0000 https://earlybirdsinvest.com/like-spitting-on-a-fire-tether-ceo-slams-eu-deposit-protections-amid-bank-failure-warnings/

An unidentified cryptocurrency whale injected millions of dollars in emergency capital to avoid a potential liquidation of more than $300 million in Ether as markets slumped amid renewed macroeconomic pressure.

The whale is reportedly close to liquidation on a 220,000 Ether (ETH) position on MakerDAO, a decentralized finance (DeFi) lending platform. To stave off liquidation, the investor deposited 10,000 ETH — worth more than $14.5 million — and 3.54 million Dai (DAI) to raise the position’s liquidation price, blockchain analytics firm Lookonchain said in an April 7 post on X.

“If $ETH drops to $1,119.3, the 220,000 $ETH($340M) will be liquidated.”

The development came hours after another Ether investor was liquidated for over $106 million on the decentralized finance (DeFi) lending platform Sky.

The whale lost more than 67,000 ETH when the asset crashed by around 14% on April 6. Sky’s system employs an overcollateralization ratio, typically 150% or higher, meaning that users need to deposit at least $150 worth of ETH to borrow 100 DAI.

Related: Decentralized exchanges gain ground despite $6M Hyperliquid exploit

According to data from CoinGlass, more than 446,000 positions have been liquidated in the past 24 hours, with total losses surpassing $1.36 billion. That includes $1.21 billion in long positions and $152 million in shorts.

The largest single liquidation was a $7 million Bitcoin (BTC) position on crypto exchange OKX.

Related: Smart money still hunting for memecoins despite end of ‘supercycle’

Crypto markets crash after Trump’s tariff announcement, but 70% recovery chance by June

US President Donald Trump announced his reciprocal import tariffs on April 2, which sent tremors across global markets, leading to a $5 trillion loss by the S&P 500, its largest two-day drop on record.

Still, the tariff announcement may finally end the global uncertainty plaguing traditional and digital markets for the past two months.

“In my opinion, the tariffs are the representation of the uncertainty in the markets,” Michaël van de Poppe, founder of MN Consultancy, told Cointelegraph. “Liberation Day is basically the peak of that period, the climax of uncertainty. Now it’s out in the open. Everybody knows the new playing field.”

The end of tariff-related uncertainty may bring the start of a “rotation toward the crypto markets,” as investors will start buying the dip as digital assets become “undervalued,” said van de Poppe.

Crypto intelligence firm Nansen also estimated a 70% probability that the market may bottom by June, depending on how the tariff negotiations evolve.

Magazine: BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12–18

]]> https://earlybirdsinvest.com/whale-makes-14m-ether-emergency-deposit-to-avoid-340m-liquidation/feed/ 0 29481 https://earlybirdsinvest.com/whales-abruptly-deposit-ethereum-altcoin-to-binance-and-okx-causing-price-to-plummet-50-on-chain-data/ https://earlybirdsinvest.com/whales-abruptly-deposit-ethereum-altcoin-to-binance-and-okx-causing-price-to-plummet-50-on-chain-data/#respond Tue, 25 Mar 2025 02:37:59 +0000 https://earlybirdsinvest.com/whales-abruptly-deposit-ethereum-altcoin-to-binance-and-okx-causing-price-to-plummet-50-on-chain-data/

Deep-pocketed traders triggered a price crash over the weekend after depositing a huge chunk of an altcoin’s supply to digital asset exchanges.

According to blockchain tracking firm Lookonchain, whales in the Bounce (AUCTION) market have been greatly influencing the altcoin’s price action for the past week, causing massive swings in both directions.

Bounce Finance is a decentralized auction platform enabling auctions for various assets, such as physical assets tokenized on the blockchain and non-fungible tokens (NFTs).

AUCTION tokens are used for governance, staking, and fees for participating in auctions or creating NFTs on the platform.

Lookonchain says that in the last several days, whales sent over 14% of the circulating supply of AUCTION to Binance, the largest crypto exchange in the world by volume, and OKX. Those deposits presumably led to coins being sold on the open market, which ultimately caused prices to plummet.

Says Lookonchain,

“AUCTION Whales deposited 1.08 million AUCTION ($48.6 million, 14.26% of the total supply) into Binance and OKX again, causing the price to plummet by 50%.

Pay attention to price changes.”

At time of writing, AUCTION has not recovered, currently trading at $20.93 with a market cap of $137 million. AUCTION is ranked as the 363rd-largest crypto asset by market cap.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Our Opinion About Hyip

BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal fees for Indian user who have funds on banned crypto exchange.

In the wake of the recent ban on foreign crypto platforms in India, the dynamics of the cryptocurrency market are experiencing a significant shift. Amidst this transformation, BuyUcoin, India’s oldest cryptocurrency exchange, emerges not only as a veteran player but also as a beacon of stability and reliability for crypto enthusiasts in the country.

BuyUcoin has always been at the forefront of innovation, and its recent move to offer a 1% deposit bonus on crypto showcases its commitment to empowering users. This unique initiative not only encourages users to actively participate in the crypto ecosystem but also solidifies BuyUcoin’s position as a user-centric platform.

One of the common concerns among crypto users is the additional withdrawal fees imposed by exchanges. BuyUcoin distinguishes itself by going the extra mile — it absorbs these withdrawal fees on behalf of its users. This customer-friendly approach sets BuyUcoin apart as an exchange that prioritizes the financial well-being of its users.

As part of the effort, BuyUcoin will reimburse users for withdrawal fees spent while transferring assets from offshore platforms to BuyUcoin. Users will be required to produce documentation of fees paid during asset transfers, and after verification, BuyUcoin will repay the fees into their individual BuyUcoin wallets. In addition, BuyUcoin will offer a 1% deposit bonus on digital asset transfers to the BuyUcoin platform, according to a company release.

BuyUcoin’s recent approval from the Financial Intelligence Unit (FIU) adds an extra layer of trust and credibility. With security being paramount in the crypto space, this approval reinforces BuyUcoin’s commitment to providing a secure and compliant platform for users to trade and invest in digital assets.

BuyUcoin, a cryptocurrency exchange, has registered as a reporting organization with the Financial Intelligence Unit — India (FIU-IND) under India’s Prevention of Money Laundering Act (PMLA).

The development comes months after the Indian government, in March 2023, mandated that virtual digital asset (VDA) service providers, including exchanges, follow PMLA guidelines.

These standards include reporting suspicious transactions, maintaining transaction and KYC records, and working with government authorities to ensure the highest degree of anti-money laundering (AML) procedures and protocols.

With the bans on foreign crypto platforms creating uncertainty, BuyUcoin becomes a reliable anchor for users seeking stability. The platform ensures a seamless transition, allowing users to continue their crypto journey without disruptions, reinforcing BuyUcoin as a trustworthy partner in the evolving crypto landscape.

Beyond being a trading platform, BuyUcoin acts as an educator. Recognizing the importance of crypto literacy, the exchange provides users with valuable resources, guides, and educational content. By empowering users with knowledge, BuyUcoin helps them make informed decisions in the ever-changing crypto market.

After years of anticipation and regulatory scrutiny, the United States Securities and Exchange Commission (SEC) has approved 11 Bitcoin ETF applications, marking a significant milestone in the cryptocurrency and financial sectors. Notable companies such as BlackRock, Fidelity, and Invesco are among those preparing to launch these ground-breaking investment vehicles.

The acceptance of Bitcoin ETFs represents a significant shift in the public image of cryptocurrencies as genuine and regulated financial vehicles. Analysts believe that this development will pave the path for additional ETF approvals and promote innovation in the digital asset industry.

Conclusion:

In a time of significant regulatory changes and a surge in domestic exchanges, BuyUcoin stands as a rock of reliability, providing users with a secure, rewarding, and educational crypto experience. The 1% rewards on crypto deposits, customer-friendly fee structures, FIU approval, and commitment to user education make BuyUcoin a beacon for crypto enthusiasts navigating the evolving landscape in India.

As the crypto industry undergoes transformations, BuyUcoin remains steadfast in its mission to be the trusted partner for Indian users, offering a blend of security, innovation, and unwavering support in their crypto journey.
Source:- https://www.buyucoin.com/crypto-labs/1-deposit-bonus-and-withdrawal-fees/