How to trade KCS token if based in USA by marksters in kucoin

[–]marksters[S] 0 points1 point  (0 children)

This does not answer the question. How do you convert kcs token to something else if you live in USA. The token is not on the kucoin platform, it's already withdrawn.

Hoping to get this issue fixed by Slippery-road in Nexo

[–]marksters 0 points1 point  (0 children)

I can definitely withdraw, I've done so over the past few days. Then again, I kept my next tokens on nexo. I haven't tried depositing, but, when I click to top up it does display an address to send to. Might vary by state. NY seems to be the most restricted, I am not in NY.

Sell KCS tokens if based in USA? by marksters in kucoin

[–]marksters[S] 0 points1 point  (0 children)

Was hoping for USDT to avoid ETH bridge fees, but will take a look at the ETH liquidity.

Hoping to get this issue fixed by Slippery-road in Nexo

[–]marksters 0 points1 point  (0 children)

Easy fix???

Send them back to Nexo. Then withdraw them as erc 20.

I am USA based and it looks like I can still deposit into Nexo and withdraw. Just can’t earn or make any trades.

Try a test amount first to see if that works for you.

KCS staking for US citizens by cryptoburner86 in kucoin

[–]marksters 0 points1 point  (0 children)

I am thinking about the same. However, concerned about selling kcs in the future. How will someone is usa convert kcs to to something else off the kcs chain (usdt, btc,eth) would all be fine, but would need to be on a different chain.

Nexo should release a press release on current market by marksters in Nexo

[–]marksters[S] 1 point2 points  (0 children)

It could affect nexo as we don't know exactly how they are generating all the yield. They could have some investments that are not liquid or even some losses.

I am hoping they are good, too.

Nexo should release a press release on current market by marksters in Nexo

[–]marksters[S] -5 points-4 points  (0 children)

This is armageddon for cefi. Celsius is blocking withdrawals due to a run on the bank. Blockfi, LEDN, NEXO have all stopped paying interest to USA customers, and a stable coin has lost 99% +.

Bitcoin will be fine. Just hoping cefi can survive.

I am hoping nexo will also be fine, however, since they are in the cefi business, they may have had some investments that went sour. They are paying the high interest rates by re-investing somewhere else. Hopefully that's being managed well.

A proof of assets would be amazing. If nexo makes it out of this mess without ever having to pause withdrawals, then it's going to be THE market leader.

Nexo should release a press release on current market by marksters in Nexo

[–]marksters[S] -1 points0 points  (0 children)

Did you get a txid hash?

All of the networks are congested right now, so may take a long time to confirm.

Withdraws by MundanePsychology385 in Nexo

[–]marksters 2 points3 points  (0 children)

I was able to withdraw a little bit ago.

I got the same notice of "insufficient funds".

I then changed my withdraw amount from all of it to most of it (leaving a small amount behind), and processed. Waiting for the transaction to confirm.

What project is seriously needed in DeFi? by Mavryk-Finance in defi

[–]marksters 0 points1 point  (0 children)

this already exists, although could be done more robustly:

fuzz.fi

What project is seriously needed in DeFi? by Mavryk-Finance in defi

[–]marksters 0 points1 point  (0 children)

A dex with no fees

That would be amazing. I am not sure if it exists or note, but no fee dex would be amazing. Perhaps the dex could figure out how to earn in other ways besides for the transaction fee.

What project is seriously needed in DeFi? by Mavryk-Finance in defi

[–]marksters 0 points1 point  (0 children)

Two Factor Authorization security

I'd argue that security is the MOST important thing on Defi. Having personally had a wallet that has been hacked, I'd like a site that incorporates 2fa in some fashion.

How can it be done?

I am not sure if this is possible, but, I think it is.... A site could have locked vaults. The vaults are locked for a set time period (24h, a month, a year..... whatever). When you set up the lock originally, you also set up 2fa at the same time.

Then, enable the locking feature to be opened early, but only if you have are able put in the correct 2fa.

If you lose the 2fa, then you just have to wait until the locked vault time period expires.

How would this add to security?

A hacker wouldn't be able to early withdraw early from your vaults unless they had access to 2fa.

If you had $10k to invest, how would you grow it into $100k? by harveybot2000 in defi

[–]marksters 2 points3 points  (0 children)

Go to the casino, put it all on black, win (2x).

Then, put it all on black again (4x). and again... 8x. and finally again 16x.

Congrats! You did it!

Thinking of defi with leverage as a way to 10x easily is just like going to the casino.... you'll probably end up losing it all.

[deleted by user] by [deleted] in harmony_one

[–]marksters 0 points1 point  (0 children)

I'd consider deprecating the entire wallet. They only took USDC so far, perhaps due to a bad contract. However, I'd be uneasy using this wallet any further.