I tried all the ones listed on coingecko and the only one that is working is TradeOgre.
True. Shame about poor liquidity though.
What is the maximum that they will sell you at one time? How poor are we talking here?
i find i can place an order and wait a few hours and someone sells. 100,000 grin order gets eaten up easily.
Recently read some reddit posts about TradeOgre. Seems they scammed a lot of Kaspa funds. Actually wanted to purchase some GRIN but can not send btc from Binance to TradeOrgre. They also classified it has high potential scam. What your thoughts about this? Never had probs so far with TradeOgre and GRIN/BTC trades. But I never had much GRIN there deposited. I always made instant withdrawls to local wallet.
@EllipticCurve See this post, TL;DR Kaspa was scammed by miners meaning old funds were stolen, also funds on exchanges were stolen bij those miners. Kaspa community asked exchanges to delist.
thanks for clarification. Thats why only Kaspa coins were affected.
Are you sure you canât withdraw your bitcoin to TradeOgre from Binance? They can warnyou about risks, but still should allow you to withdraw to any address you want. Thatâs something new for me.
Binance introduced a new warning system. They froze my funds for 1h and then i had to videocall to a robot that im sure i send to this address. So after all, TradeOgre is legit for me to buy GRIN.
This is first time i heard also. That means they tainted Tradeogre wallet ?
After 25 feb, new regulations coming for self hosted wallet KYC. This can be a problem really.
I just managed to withdraw btc from Binance to tradeogre, as I have done many times before. However, now when withdrawing you have to specify whether itâs a withdrawal to a private wallet or to an exchange and choose one of the exchanges from the list, in the case of tradeogre choose âotherâ.
A daily trading volume of $1,700 at the moment of writing is not just a sign of weakness, it is an obituary waiting for its final declaration. In the world of trading and investing, one principle stands above all: liquidity is life. Without a steady flow of buyers and sellers finding value in an asset, a coin ceases to be a marketplace and instead becomes a ghost, an apparition that flickers in and out of relevance.
At this level of volume, a single decent-sized order can send the market swinging like a ship in a storm. Slippage becomes insurmountable, and even the most steadfast investor is left without a credible exit. This is not a market; it is an abandoned outpost on the edge of a desert, where the last traders are not investing but praying that someone anyone still passes through.
If Grin ever wishes to be taken seriously, it must recognize that a currency without liquidity is little more than a museum relic, interesting to historians, but worthless to those who seek to trade or invest in it.
Are you looking to buy again @Rust?
Let me explain to new crypto users who do not understand the market yet how it works:
If there is no liquidity at any given market price, that means the market as a whole does not support that price. It is as simple as that. If you want to buy large volumes, either you go for the low market price and let your limit order fill up slowly, or you pay a higher price that the market does support and get instant liquidity.
Asking for high liquidity on a low price is basically asking please be stupid enough to sell you grin to me for a bargain price. I hope most grinners are smart enough not to let go of their grin for a rock bottom price.
The @Rust arguments are legit in view of investement. The project is for me and most others an experimental coin, which you fall in love. I mean even mining does not give a profit atm
Indeed, mining is not profitable if you sell for the current price, yet the network difficulty is higher in the last weeks than a month ago when the price was higherâŚwhat does that tel you about the current price?
I am not claiming this is the absolute bottom, but I think at the least it appears there is a discrapency in the value most traders and miners are giving grin and the current market price.
Sure the low volume is challanging if you are looking to buy. It took me more than a week to stock up, but again, that is because I chose to only pay a low price. A bit of patience was well worth it. I think most traders understand this.
Everyone feel free to sell all your grin at the current price. But do not come to the forum crying later, live with the decision, okđ.
Price and liquidity worries me much less than stalled development.
@bruges I fully agree. It is not that anything bad happens with no development, but I do see it as lost opportunity and lost time.