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Coin Stories - Hong Fang: Bitcoin Exchange Security and Bear Market Building

Hong Fang: Bitcoin Exchange Security and Bear Market Building

06/09/22 • 33 min

2 Listeners

Coin Stories
Hong Fang is the CEO of Okcoin, a global, US-licensed cryptocurrency platform serving 190+ countries — the largest reach of any US-based exchange. Having experienced the opening of China’s economy, Hong worked at Goldman Sachs for nearly a decade, driven by her passion for free markets. She left Wall Street for cryptocurrency after realizing digital assets offer the financial inclusion that traditional finance only claims to. Hong joined Okcoin in 2019 after making a growth equity investment in the company, and has since overseen the company’s rapid growth. She holds an MBA in Finance, Accounting and Entrepreneurship from the University of Chicago’s Booth School of Business. REFERRAL LINKS: Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to @Bitcoin Magazine to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023. Use code HODL for 10% off your pass.

***

Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world. Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up.

***

With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it’s totally free to open an account, and there are no hidden fees. You don’t need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell

***

Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! #bitcoin #cryptocurrency #inflation

Time codes:

00:00 Promo codes 01:59 Live from Oslo Freedom Forum 02:36 Bitcoin price drop 03:34 Are we in a market or crypto winter? 05:55 Is this a crypto winter? 07:25 Federal Reserve actions 10:29 Terra LUNA meltdown 14:30 Coinbase, possible bankruptcy, exchange security 19:10 iTrustCapital break 19:58 Fold app break 20:30 Okcoin asset security 22:16 BTC in 2022 23:57 Okcoin delisting process 26:02 LUNA on Okcoin 26:37 Gambling on LUNA 28:55 Bringing Bitcoin to billions of people 31:05 Nerves over price fluctuations

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Hong Fang is the CEO of Okcoin, a global, US-licensed cryptocurrency platform serving 190+ countries — the largest reach of any US-based exchange. Having experienced the opening of China’s economy, Hong worked at Goldman Sachs for nearly a decade, driven by her passion for free markets. She left Wall Street for cryptocurrency after realizing digital assets offer the financial inclusion that traditional finance only claims to. Hong joined Okcoin in 2019 after making a growth equity investment in the company, and has since overseen the company’s rapid growth. She holds an MBA in Finance, Accounting and Entrepreneurship from the University of Chicago’s Booth School of Business. REFERRAL LINKS: Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to @Bitcoin Magazine to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023. Use code HODL for 10% off your pass.

***

Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world. Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up.

***

With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it’s totally free to open an account, and there are no hidden fees. You don’t need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell

***

Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! #bitcoin #cryptocurrency #inflation

Time codes:

00:00 Promo codes 01:59 Live from Oslo Freedom Forum 02:36 Bitcoin price drop 03:34 Are we in a market or crypto winter? 05:55 Is this a crypto winter? 07:25 Federal Reserve actions 10:29 Terra LUNA meltdown 14:30 Coinbase, possible bankruptcy, exchange security 19:10 iTrustCapital break 19:58 Fold app break 20:30 Okcoin asset security 22:16 BTC in 2022 23:57 Okcoin delisting process 26:02 LUNA on Okcoin 26:37 Gambling on LUNA 28:55 Bringing Bitcoin to billions of people 31:05 Nerves over price fluctuations

Previous Episode

undefined - Lyn Alden: Bitcoin, Bear Market and What's Ahead

Lyn Alden: Bitcoin, Bear Market and What's Ahead

In this conversation with Lyn Alden from the Oslo Freedom Forum in Norway we discuss:

Market selloff

Bitcoin as a payment system in developing nations

Crypto winter

LUNA/Terra Meltdown

Future of stable coins

Inflation and Fed tightening

Lyn Alden is a full-time investor and independent financial analyst. She has been performing investment research for over 15 years in various public and private capacities, and founded Lyn Alden Investment Strategy in 2016. Her goal is to provide institutional-level research in plain English, so institutional and retail investors can benefit. Follow Lyn on Twitter at www.twitter.com/LynAldenContact and www.LynAlden.com.

REFERRAL LINKS:

Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023

***

Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world.

Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up.

***

With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it’s totally free to open an account, and there are no hidden fees. You don’t need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell

***

Fold is the best Bitcoin rewards debit card and shopping app in the world!

Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats!

Next Episode

undefined - Nic Carter on Bitcoin Crash, Fed Tightening, How BTC Can Fail & Mining Energy FUD

Nic Carter on Bitcoin Crash, Fed Tightening, How BTC Can Fail & Mining Energy FUD

Nic Carter is a general partner at Castle Island Ventures, investing in crypto-financial infrastructure and the restoration of property rights on the internet. He is cofounder and chairman of Coin Metrics, host of the On The Brink podcast, columnist for Coindesk, and an advisor to the Bitcoin Clean Energy Initiative and to Core Scientific. You can follow Nic at www.twitter.com/nic__carter

REFERRAL LINKS:

Coin Stories is powered by BITCOIN 2023, which will be the BIGGEST BITCOIN EVENT IN HISTORY held in April 2023. If you missed Bitcoin 2022, make sure to head to @BitcoinMagazine to find videos and highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount if you head to: https://b.tc/conference/2023. Use code HODL for 10% off your pass.

***

Okcoin is on a mission to make crypto investing and trading easily accessible to anyone around the world. We are building the next generation of tools to help onboard the investors and traders who have been on the fence about crypto. Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. We are a collective of global citizens with a common passion to help decentralize finance and level the economic playing field for everyone around the world.

Visit https://www.okcoin.com/natalie for $50 in Bitcoin when you sign up.

***

With iTrustCapital, you can actually invest in crypto without worrying about taxes, or fees. iTrustCapital allows their clients to invest in crypto through an individual retirement account, or an IRA. IRAs are tax sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is that it’s totally free to open an account, and there are no hidden fees. You don’t need to pay any monthly subscription or membership fees either. If you open and fund an account, you will get a $100 funding bonus added to your account. To learn more, click the link below and open a free account to learn more. https://itrust.capital/nataliebrunell

***

Fold is the best Bitcoin rewards debit card and shopping app in the world!

Earn Bitcoin on everything you purchase with the Fold's Bitcoin cashback debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats!

#bitcoin #cryptocurrency #inflation

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