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Bitcoin has dropped below $109,000, Ethereum has lost the $3,900 support, and the total crypto market cap has fallen to $3.751 trillion.
BlockBeats News, October 22, according to market data, the crypto market fell again this morning, with Bitcoin dropping below $109,000, now priced at $108,450, a 2.09% decrease in the last 24 hours. Ethereum fell below $3,900, now priced at $3,866, a 2.96% decrease in the last 24 hours. The total cryptocurrency market capitalization has dropped to $3.751 trillion, a 1.9% decrease in the last 24 hours. The three major U.S. stock indexes closed mixed, with the Dow up 0.47%, the S&P 500 unchanged, and the Nasdaq down 0.16%, with the Dow hitting a new all-time high. U.S. stock cryptocurrency concept stocks mostly fell, with Ethereum Treasury (DAT) companies across the board, including:
Bitmine Immersion (BMNR) down 3.46%;
SharpLink Gaming (SBET) down 3.04%;
Bit Digital (BTBT) down 8.29%;
BTCS Inc (BTCS) down 3.68%.
Shitcoins leading the decline include:
AUCTION priced at $7.77, a 20.8% decrease in the last 24 hours;
MLN priced at $8.6, an 18.8% decrease in the last 24 hours;
DOGS priced at $0.000061, a 15.6% decrease in the last 24 hours;
BIO priced at $0.089, a 13.8% decrease in the last 24 hours.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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