why would binance suddenly list link/usd stable coin pairs? the only other coins with ALL of the stable coin pairs are EOS, XLM, XRP. all high cap coins.
so why would binance do this?
Link/binance
More trade volume = more dust they can accumulate for their node
What did they mean by this?
Because CZ is bro tier and /our guy/
BINANCE owns only Ethereum and Stable coins more than LINK.
The list was something like this (someone posted it someday) in this order
#1 Ethereum
#2 Tether
#3 Paxos
#4 Stablecoin (cant remember name)
#5 Chainlink
#6 Ziliqa
Holochain
Holo
Nodus are safu?
Are you trolling or actually that stupid? I really can’t tell. Binance doesn’t OWN coins. They make profit off of fees. The coins in the Binance “wallet” are coins moving through the Binance dex. Those are just high volume coins.
FUNDUSA SAFU
Let me spell this out for you.
YOU (dumbass linkies) have singlehandedly made this one of the highest volume coins on Binance.
BINANCE (smart chinks) KNOW that you guys are apt to connect whatever nonexistent dots there are when something happens with link. So they add gateways for LINK. A few high volume pairs.
NOW, they know you guys will flip out and everyone will buy more, causing a short term pump, and everyone else will FOMO in. They’re gonna make a KILLING on trade fees. And they’re gonna do it with no work, because you all do it for them.
When the dust settles and this shitcoin is back to #61 on CMC, you’ll be back to memeing.
Have fun.
fuck off delphi
This is unironically going to happen because in reality this erc20 shitcoin is just that.
are you kidding? Binance has listed literally dozens of tether pairs over the last year, it's nowhere near just the few coins you listed. It just seems like chainlink finally got enough consistent volume to qualify, and it has nothing to do with what's going on behind the scenes.
literally happening as we speak
Because of the retweets yesterday.
Seriously though? It's cause this fireside chat thing is gonna be yuge! All the volume, the new pairs, the nonstop pump. The singularity is fast approaching lads
with the volume of link lately i could see a justification for having a usdt pair or maybe usdc pair. i just don't see why it needed to have 4 stable coin trading pairs out of nowhere. of course other coins have had stable coin pairings over the past year, but very few have 4 stable coin pairs.
To make money off a hype?
Serious question. What is this delphi meme I keep hearing about? Please help a newfag out oldfags.
link is safu
multiple pairs means they can do triangular arbitrage
kys faggot. thanks for the sell signal. This literally reminds me of january when half the posts were "how do i buy link."
To make it less easy to manipulate, fren. They see this parabolic move on a lack of liquidity so they wanne be on the save side
They probably saw a lot of btc>stable coin>btc>Link and decided it warranted the pairings.
zilliqa?
Lad, wew
I dont give a flying fuck about Link. I asked a simple question you tard.
it doesnt work like that here
delphi:biz::biz:reddit
Go on user please
get a load of this faggot.
Usd link less than a week before the fireside with DocuSign? Not a coincidence.
the binance link info page is down...
Consider the pairs LINKUSDC, LINKBTC, and BTCUSDC. With no actual listed LINKUSDC pair you could sell LINKBTC and then sell BTCUSDC to create a "synthetic" LINKUSDC pair. IF all 3 pairs are actually listed on an exchange it could be possible due to market imperfections (big market moves could cause exchange rate discrepancies between synthetic actual pairings that take time to equilibrate) that the synthetic LINKUSDC pair is trading higher than the real LINKUSDC pair. So after you get your USDC from the synthetic pair you buy the actual LINKUSDC pair at the lower price, netting you a profit in LINK. It's triangular arbitrage because you need 3 currencies to do it. It could also be done with USDT, PAX, and TUSD.
So baseline volume would increase with no real contribution to actual value? The exchange profits from the listing and fees. Markets profit from the liquidity from arbitration. And the arbiter gets money for providing liquidity. Doesnt seem bearish or bullish correct me if I'm wrong.
It kinda does, some times you can ask questions
DELPHI is a retarded group of link owners having a discord and doing stupid shit fud campaigns wherever to keep the price low; I think they see themselfs as some kind of "Link Freemasons" or some shit
Godspeed user, and ffs get your ducks in a row and dyor about link, you won't regret what you discover
Well it also helps decouple LINK from BTC, providing some volatility protection, that seems at least a little bullish to me.
>why would binance suddenly list link/usd stable coin pairs?
CZ wants to dump his bags.
This. Every LINK thread is filled with newfag retards asking 3rd grade questions. Obvious sell signal.
Sad boy. Try to enjoy life friend
Thanks user. You are a godsend
>YOU
>BINANCE
>KNOW
>LINK
>NOW
>FOMO
>KILLING
>CMC
damn, lots of words capitalized. maybe there is a hidden message here marines?