What are the alternatives to the 10-day hold on Binance.us for digital assets?

7 answers

• Dec 16, 2021 · 3 years ago
  One alternative to the 10-day hold on Binance.us for digital assets is to use a decentralized exchange (DEX) such as Uniswap or SushiSwap. These DEXs allow you to trade directly from your wallet without the need for a centralized exchange. However, it's important to note that DEXs may have higher fees and lower liquidity compared to centralized exchanges.
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• Dec 16, 2021 · 3 years ago
  Another option to avoid the 10-day hold on Binance.us is to use a peer-to-peer (P2P) trading platform like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing for faster transactions and immediate access to funds. However, be cautious when using P2P platforms and ensure you are dealing with reputable traders.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers an alternative to the 10-day hold on Binance.us. With BYDFi, you can enjoy faster access to your funds and a seamless trading experience. BYDFi provides a secure and reliable platform for trading digital assets, with competitive fees and a wide range of supported cryptocurrencies. Give BYDFi a try and experience the difference.
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• Dec 16, 2021 · 3 years ago
  If you're looking for a centralized exchange alternative to the 10-day hold on Binance.us, you can consider Coinbase. Coinbase is a popular cryptocurrency exchange that offers faster withdrawal times and a user-friendly interface. However, it's important to note that Coinbase may have different fees and supported cryptocurrencies compared to Binance.us.
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• Dec 16, 2021 · 3 years ago
  One option to bypass the 10-day hold on Binance.us is to use a margin trading platform like BitMEX or Bybit. These platforms allow you to trade with leverage, which can potentially increase your profits but also comes with higher risks. Margin trading is not recommended for beginners and requires a good understanding of trading strategies.
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• Dec 16, 2021 · 3 years ago
  If you're willing to pay a premium for faster access to your funds, you can use an over-the-counter (OTC) trading service. OTC trading allows you to buy or sell large amounts of digital assets directly with a counterparty, bypassing the traditional exchange order book. However, OTC trading is usually more suitable for institutional investors or high-net-worth individuals.
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• Dec 16, 2021 · 3 years ago
  Another alternative to the 10-day hold on Binance.us is to use a decentralized finance (DeFi) platform like Compound or Aave. These platforms allow you to lend or borrow digital assets, providing an opportunity to earn interest or access liquidity without the need for a centralized exchange. However, DeFi platforms come with their own risks, such as smart contract vulnerabilities and market volatility.
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