I’ve included two new columns in the spreadsheet, regarding price – 24h Low and 24h High, and also moved the Token column to a better place.
In this view, I include the first column in my sheet, which is the coin/token symbol image. This has been part of the sheet from the beginning but I haven’t shown it before because the dark mode I use (browser plugin Dark Mode for Google) shows image colors inverted. I wish Google could implement dark mode in Google Docs … and all their other apps and websites too (Google Search has finally gotten dark mode though).
I wanted to pick up an issue from another forum thread about non-KYC DeFi exchanges, and discuss it here.
As it was mentioned in that thread there are some exchanges out there which don’t require you to go through a Know Your Customer (KYC) process. Robosats, Peach, Stealthex, Shapeshift and Bisq was mentioned. I have found all of them online.
So far I’m still reading about and investigating them further, but I already see that a few don’t support Trezor through WalletConnect (although Ledger is often supported in WalletConnect). Others support exchanges like MetaMask (MM), but using an exchange to connect still leaves privacy concerns. I use MM today, connected to Uniswap, but I’m not happy with MM’s KYC so I’m looking for a non-KYC solution where I can connect my Trezor to.
Maybe there are options I haven’t discovered yet with the above mentioned non-KYC, so I’ll continue to read and try to see if there’s a way to connect my Trezor directly to them. Otherwise they’re not much different than Uniswap, which I already use – unless I buy a Ledger, which is not an option at this time.
Also, some requires you to register an account and login before you can swap coins, while others don’t.
Edit: Peach exchange presents a login dialog by default and no way to register … Not sure I found the correct site.
Peachbitcoin only asks for an email address and robosats uses paynym, an implementation of BIP47 by samurai wallet.
Sparrow wallet like @blackrat mentioned is a great wallet with great UI/UX checkout there site https://sparrowwallet.com/. Fully open source
It lets you connect to a public node, reliable and private for those who don’t run their own node, connect to bitcoincore node and connect to eletrum server.
Trezor suite only offered this a little bit later wich I am now starting to explore because I run my own btccore node.
Non-KYC because it only requires an email no photo proof of address video and voice like manny of the centralized exchanges require.
Yes, you’re right. Bitcoin (BTC) and Ethereum (ETH) have dropped like a stone since yesterday. Mostly because of the troubles FTX is having and Binance’s drop out of acquiring it. Binance didn’t like FTX’s books and got cold feet.
Most coins show a drop today. There’s one exception on my watchlist, Folder Protocol (FOL), but I’d advise caution with that one – it may be a pump & dump campaign behind its sudden price doubling, I don’t know.
Yes, I agree. Cold storage is convenient and safe – if you can handle it, and Trezor is still best in class, IMO. Many people say that Ledger is better because it has support for more coins, but I don’t know if that’s true and I don’t think they have Open Source development either. Maybe, I haven’t investigated it.
When I bought my first hardware wallet last year, both my own research on Internet and everybody I asked recommended Trezor. So my choice was easy to make. My only doubt was which model to buy but in the end I chose model T because it had new features and more coin support. However, if I should buy a second device now, for extra coin support, I’d probably choose Ledger Nano X. Trezor and Ledger is a strong combo that supports almost every coin and token.
The story about FTX shows how risky it can be to have your coins stored in an exchange. Since you actually don’t have any coins there, just a promise from the exchange that they owe you the coins in your wallet, the funds can vanish in thin air if the exchange go bankrupt and can’t fulfill its promise to the customers. I don’t hope FTX fall over but it may happen. If you have any wallet with funds there, move it out of there ASAP.
Cold storage is the only way you can truly own your coins & tokens.
It didn’t take long for FTX to freeze customer withdrawals … after $6B were withdrawn in the recent days. More details about FTX’s finance books are coming out today. Appearently they transferred $10B to a daughter company, which included a $1.5B new loan, so now they don’t have money left to pay their customers what they are entitled to withdraw. Now both U.S. authorities (SEC and DOJ) and others are investigating FTX and its owner, Sam Bankman-Fried, will probably go to jail if he doesn’t flee to a country without an extraditing agreement with the U.S. He’s certainly going to be fried one way or another. Maybe he should change his name to Bankrupt-Fried.
It’s sad to see ordinary people being conned like this and lose their money. This scandal will probably have consequences for the entire crypto exchange business. Governments will surely want to regulate the market even more now. I think there’ll be a future demand for minimum capital reserve percent, equal to the FIAT banks, if not in the U.S. (depends on what the republicans want) then certainly in the EU.
Happy Winter Wonderland from Norway! This is how it looks where I live, in Valdres. It’s pretty cold now (-14C) and will be colder from Wednesday (-21C). But I love snow … mostly because there’s cross-country skiing on TV.