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10/06/21 10:53
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By XTRAVAGANZA · Posted
PayPal USD is a stablecoin backed by secure and highly liquid assets. It is designed to maintain a stable $1 USD value and is backed by dollar deposits, US treasuries, and cash equivalents. In just few steps, users can buy, sell & hold the PYUSD or even send it to friends in the US without paying fees on Paypal. The stablecoin can be sent to Ethereum wallet addresses that accept PYUSD, used to checkout and pay for items too, though fees may apply here. Need I mention that it can also be used to buy other cryptos as well. Interestingly, developers are not left out, they can use PayPal USD as the payments layer to build new services and products on public blockchains. It seems Paypal has made it pretty easy for users to manage their finances. PYSUD has a market cap of $44.3 million and is listed on tier 1 exchanges like Bitget, Kraken, Kucoin and Coinbase. Do you guys think that PYUSD has what it takes to rival USDT? -
One of the biggest banks in the UK, Chase Bank, has said that it would no longer accept cryptocurrency payments from UK clients. On October 16th, the prohibition is anticipated to go into force. The region's crypto users have reacted to the bank's move in a variety of ways. While some detractors have criticised Chase for acting without regard for how the financial environment is changing, others have applauded the decision as evidence of the growing acceptance of cryptocurrencies by the general public. Chase's decision is unknown at this time, although it is most likely the result of a number of considerations, including the volatility and fraud risks connected with cryptocurrencies and the UK's lack of regulation.https://coinpedia.org/news/chase-bank-takes-a-stance-no-more-crypto-payments-for-uk-clients/amp/ Chase Bank's restriction on cryptocurrency payments is likely to have a big impact on UK cryptocurrency users, therefore it's important to prepare and have a backup plan in place. Here is a choice I am aware of right now: • Making use of a cryptocurrency exchange with in-house payment processing capabilities. Users would thus be able to purchase and trade cryptocurrencies without the need for a bank account, which is mostly used in peer-to-peer (P2P) transactions. If you live in the UK and want to buy or trade cryptocurrencies, you need do your homework and pick a reliable platform. Please share any alternatives you are aware of with us so we can learn. -
By coinman2021 · Posted
Hi all, I am looking to open a spreadbet trade for Steakholder Foods but IG seem to currently not allow this. Do any of you know how best I can trade this stock? Looking to buy at around 80
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