Sentences with phrase «name on the crypto exchange»
Once the rule comes into effect, investors can only deposit funds to trade cryptocurrencies if their name on the crypto exchange matches that on their bank account.
http://gocrypto.site/
Once the rule comes into effect, investors can only deposit funds to trade cryptocurrencies if their name on the crypto exchange matches that on their bank account.
Cointelegraph South Korea to penalize traders who do not use their real names on crypto exchange accounts, gov» t clarifies its position.
Not exact matches
Meanwhile, we reported on a series of DDoS attacks made against the Kraken bitcoin exchange and other crypto - related domain names.
In order to trade crypto to fiat on most popular exchanges, one would need to submit KYC (Know Your Customer) information, such as names, addresses, and ID information.
With a crazy rush of investors registering on crypto exchanges and given concerns over issues connected with money laundering and tax evasion, the South Korean government banned the opening of any virtual accounts on the exchanges last month and even asked the existing virtual currency traders to change their virtual accounts to the ones with real names.
In recent market research by an expert crypto trader named Sylvain Ribes, he used a method known as slippage («a process of selling $ 50k worth of a given currency on an exchange to measure its impact on the price») to find out which exchanges engage in market manipulation.
The challenge comes from the new system, enforced on January 30, which requires cryptocurrency traders to use real - name accounts to deposit money for trading at crypto exchanges.
Since the Korean government enforced the real - name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country's four largest crypto exchanges.
Another crypto exchange named Dexko announced on Friday that it will start accepting pre-registration of users with the aim to launch its cryptocurrency exchange on March 15, the Investor also reported.