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21 sats \ 0 replies \ @0359d785c8 9 Feb \ parent \ on: deleted by author bitcoin
Exchange allowed me to use Bitcoin as collateral, since we where in the bear market the risk of being liquidated was low.
Exchange was www.buda.com
How does this work?, I create buy/sell order, set the amount and currency. Then wait for the buyer/seller to transfer the money and send me a screenshot?. Or it uses a trusted party for that?.
That is what I'm talking about. Use it and trow away. But this is just banking on steroids. Our own version of rug pulls.
GENESIS