Posts by Chef Satoshi

Common Scams in Crypto and How To Avoid Them Reddit Post

There is a fantastic reddit post that covers the most common types of scams users will face in the world of crypto. Check out that reddit post here. Here is a quick summary: SIM Swap Clipboard Hacks Gas Trap Pump and Dump Groups Rug Pull Phishing / Social Engineering Fake Exchanges and fake crypto sites…

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How to Sell Bitcoin For Cash

Whether you have just recently purchased your first bitcoin or you are only now looking into doing so, you probably have a ton of questions involving bitcoin conversions and how you can buy and sell cryptocurrencies. Among those questions, you may be wondering, “Is it possible for me to sell my bitcoin for cash?” The…

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USA Fiat Exchanges

This is a list of exchanges where you can turn bitcoin into USD AND withdraw the cash to your bank account from within the United States of America. List of Bitcoin to $USD Exchanges Updated 2021 Gemini.com – my current favorite US fiat exchange. Deposit and withdraw USD, *10 free withdrawals per month. Trade bitcoin…

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Buying Bitcoin For Gambling – Dummies Guide

Bitcoin is the easiest and safest way to gamble online if you follow a few rules carefully. This dummies guide is designed to help you keep your money and yourself safe when gambling with crypto. This guide will walk you through what you need to know, step by step. “Dummies Guide To Buying Bitcoin For…

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Binance Hacked for 7000 Bitcoins – Does This Mean They Are A “Scam”?

*Article updated, October 3rd 2019 On May 7th, 2019, Binance uncovered a large scale security breach due to a progressive hack. https://binance.zendesk.com/hc/en-us/articles/360028031711 The hackers were able to withdraw 7000 BTC in this one transaction: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea Binance has a pending investigation. Because of this, deposits and withdrawals have been turned off. There is good news in that…

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Stablecoin “USDC” Launched by Coinbase and Circle

This is big news for the crypto community. https://blog.coinbase.com/coinbase-and-circle-announce-the-launch-of-usdc-a-digital-dollar-2cd6548d237 According to the article the USDC stablecoin is fully collateralized by US dollars. This is big, and more than for just trading on exchanges. The stablecoin is an ERC20 coin running on the ethereum network. It can be used in dApps and exchanges. It’s like a…

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Big List of Crypto Trading Robots

I’m building the biggest list of bitcoin trading bots, software, signals, tools and resources that people can use to help buy, sell and trade bitcoin profitably. Being able to move your bitcoin around and have it work for you is paramount.

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Bitcoin Gambling Guide Published Covering BTC Casino History

Take a look at my brief history of bitcoin casinos guide I put together. Learn how the online casinos are making moves to build the bitcoin usage from both players and media partners. I break down the timeline where the big legit online gambling sites adopted crypto full force, why and how it all went…

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Newbies Guide To Monero – How To Buy, Sell and Hold Monero Safely

In a world of advanced civilizational dependence on technology, the advent of decentralized distributed currencies backed by cryptography only seems like the next reasonable step in the evolution of money. As the first of its kind, Bitcoin completely redefined how we look at finance. A child begotten by the Cypherpunk movement of the 90’s, Bitcoin…

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How To Buy Funfair – and other Alt-Coins at Binance

Some of my poker playing friends want to gamble on some cryptocurrencies like FUN (funfair.io), Ripple and a whole host of other alt-coins. This guide shows you how to buy FUN on Binance using Bitcoin. Specifically, my gambling friends are interested in Funfair (FUN). Probably because I mentioned it in a poker game. And they…

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