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RE: The Top Seven Reasons I’m Buying Walton Chain (WTC)
I've been reading a lot about WTC and have been wanting to buy some, but I haven't since it's only on Binance (and some other small one). Binance is probably okay, but to be honest I am not quite so comfortable with a coin that I can only trade and store on one exchange, which just so happens to be a Chinese one. I love China but do not think they have my best interest at heart per se.
If I buy WTC, is there a wallet to which I can send it? Or is it an ERC20 token? If it were on Bittrex I would've picked some up long ago, but Bittrex is terrible at adding interesting coins lately. Missed out on plenty of things already.
Binance is great. Not sure about a wallet yet but I think it was before end of the year. It is an ERC20 token so you could tfr to myetherwallet.
Anyways, with a coin like WTC and the risks you mentioned I only invest an amount I'm willing to lose 100%. So if Binance gets taken down and my coins confiscated, it'll suck, but life goes on and I can still pay the rent lol.
Good plan, but as I'd have to sell my other crypto for it.. I just can't! Maybe if I earn enough on Steemit, I will!
Really hoping and waiting for proper Decentralized Exchanges though.. I'll be using them asap.
No worries you can't buy everything... although I wish I could.
I'm looking forward to a proper decentralized exchange too!
If only my Stratis would go to the moon already.. then I could! I would feel okay selling my Stratis for WTC, if I had made some profits on it!
yeah, same here!