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I have been using Binance for over a year, the user interface is intuitive, which makes it simple for beginners to get started, the fees are competitive. Overall, Binance has been a great choice for my trading needs
Based on our record, Genesis Global Trading should be more popular than Binance. It has been mentiond 11 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
Hello support. I'm in the US and have a Binance.com account I opened back in 2017. I recently tried to withdraw from this account and withdrawals have been suspended. I was unaware that I needed to migrate to binance.us. I have not yet filed an appeal. I just opened a binance.us account and am awaiting appeal. I'm unable to verify on binance.com/en because there is no option for US users. If my withdrawals are... Source: over 2 years ago
Same, had a problem with binance.com/en, thinking it was "English", instead of binance.US. So confusing. Now, nothing works. Maybe I am dumb for thinking that binance.com/en is not the US version? Source: about 3 years ago
"Gemini is partnering with accredited third party borrowers including Genesis, who are vetted through a risk management framework which reviews our partners’ collateralization management process. On a periodic basis we will conduct an analysis of our partners’ cash flow, balance sheet, and financial statements to ensure the appropriate risk ratios and healthy financial condition of our partners. Source: 11 months ago
Genesis trading is a company that helps institutional investors tap into the crypto markets. Source: over 1 year ago
I'm like 99% sure you're correct. https://genesistrading.com/. Source: over 1 year ago
However, if your GUSD is in their Earn program, you essentially have what is called third-party risk. Essentially, Gemini has given your GUSD to Genesis. Genesis then uses those GUSD to lend to institutional investors, who are doing god knows what with the GUSD. The point of all of this is to say that if the institutional investor goes bankrupt, or if Genesis goes bankrupt, then you may not be able to get back... Source: about 2 years ago
They partner with Genesis capital https://genesistrading.com/. I listened to an interview with Genesis about the Earn program and they have a slush fund to cover any defaults. Basically you are fine unless Genesis themselves go under which is unlikely. Source: about 2 years ago
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