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$GBP : Resilience fading as BoE repricing bites – Commerzbank
Commerzbank’s Michael Pfister highlights that the Pound has held up despite a weak UK real economy, persistent inflation and strained public finances, helped by reduced political risk and aggressive Bank of England (BoE) repricing from cuts to multiple hikes. He warns that tighter policy in a supply-driven inflation shock and fragile backdrop is ultimately negative for GBP, expecting higher EUR/GBP to extend in coming weeks.
BoE repricing turns into Sterling headwind
"Over the past few weeks, I have often wondered how much longer the pound can continue to weather the current market developments so well. After all, the real economy has been struggling for quite some time, inflation has not yet returned to pre-2022/23 levels, and public finances are under strain, as is the case in many other industrialised nations. In fact, the UK is arguably the country least able to afford the current oil price shock."
The fact that the pound has nevertheless fared well over the past few weeks is likely due to two factors. First, political risks have been priced out following Labour’s loss of an otherwise safe constituency at the end of February. Secondly, there has been a reassessment of central bank expectations: instead of two interest rate cuts, more than three rate hikes are now expected by the end of the year."
"However, interest rate hikes are not necessarily positive in a context of strained public finances (the deficit is already widening due to higher interest costs) and a struggling real economy. While a central bank should respond to an inflation shock with a more hawkish monetary policy, should it do so immediately with three rate hikes in the case of a supply-driven rise?"
"For us, Friday’s higher EUR-GBP levels therefore came as no surprise. We see a greater likelihood that this trend could continue in the coming weeks."
#GBP
#GBPUSD
#trading
#TradingSignals
Commerzbank’s Michael Pfister highlights that the Pound has held up despite a weak UK real economy, persistent inflation and strained public finances, helped by reduced political risk and aggressive Bank of England (BoE) repricing from cuts to multiple hikes. He warns that tighter policy in a supply-driven inflation shock and fragile backdrop is ultimately negative for GBP, expecting higher EUR/GBP to extend in coming weeks.
BoE repricing turns into Sterling headwind
"Over the past few weeks, I have often wondered how much longer the pound can continue to weather the current market developments so well. After all, the real economy has been struggling for quite some time, inflation has not yet returned to pre-2022/23 levels, and public finances are under strain, as is the case in many other industrialised nations. In fact, the UK is arguably the country least able to afford the current oil price shock."
The fact that the pound has nevertheless fared well over the past few weeks is likely due to two factors. First, political risks have been priced out following Labour’s loss of an otherwise safe constituency at the end of February. Secondly, there has been a reassessment of central bank expectations: instead of two interest rate cuts, more than three rate hikes are now expected by the end of the year."
"However, interest rate hikes are not necessarily positive in a context of strained public finances (the deficit is already widening due to higher interest costs) and a struggling real economy. While a central bank should respond to an inflation shock with a more hawkish monetary policy, should it do so immediately with three rate hikes in the case of a supply-driven rise?"
"For us, Friday’s higher EUR-GBP levels therefore came as no surprise. We see a greater likelihood that this trend could continue in the coming weeks."
#GBP
#GBPUSD
#trading
#TradingSignals
GBP/JPY struggles to capitalize on modest intraday uptick, flat lines below mid-212.00s
$GBP /JPY struggles to capitalize on modest intraday uptick, flat lines below mid-212.00s
GBP/JPY fills the weekly bearish gap opening on Monday, though it lacks follow-through buying.
A firmer USD weighs on the GBP, while geopolitical risks and intervention fears benefit the JPY.
Hawkish BoJ and BoE policy outlooks hold back traders from placing aggressive directional bets.
The $GBP /JPY cross attracts some dip-buyers near the 211.85 region during the Asian session on Monday, though it lacks follow-through and remains confined in a range held over the past week or so. Spot prices currently trade just below mid-212.00s, nearly unchanged for the day amid mixed fundamental cues.
The British Pound (GBP) is pressured by a modest US Dollar (USD) strength, while rising tensions in the Middle East benefit the Japanese Yen's (JPY) safe-haven status. Apart from this, speculations that Japanese authorities would step in to stem further JPY weakness act as a headwind for the GBP/JPY cross. In fact, Japan’s top foreign exchange official and Vice Finance Minister for International Affairs, Atsushi Mimura, said earlier today that the government will consider taking measures on all fronts to contain FX volatility.
Meanwhile, the Bank of Japan (BoJ) maintained its bias toward monetary policy normalization at the end of the March meeting last week and warned that surging Crude Oil prices driven by the Middle East conflict could exacerbate inflationary pressures. The Bank of England (BoE), on the other hand, signaled the potential interest rate hike as early as April due to inflation concerns stemming from the Iran war. This, in turn, holds back traders from placing directional bets around the GBP/JPY cross and leads to range-bound price action.
Hence, it will be prudent to wait for strong follow-through buying before positioning for an extension of the recent bounce from a technically significant 100-day Simple Moving Average (SMA), around the 207.25 area, or the year-to-date low set in February. In the absence of any relevant market-moving economic data, either from Japan or the UK, fresh developments surrounding the ongoing conflicts in the Middle East will play a key role in influencing the broader risk sentiment and providing some impetus to the GBP/JPY cross.
#GBP
#GBPJPYAnalysis
#GBPUSD
#CryptoMarket
GBP/JPY fills the weekly bearish gap opening on Monday, though it lacks follow-through buying.
A firmer USD weighs on the GBP, while geopolitical risks and intervention fears benefit the JPY.
Hawkish BoJ and BoE policy outlooks hold back traders from placing aggressive directional bets.
The $GBP /JPY cross attracts some dip-buyers near the 211.85 region during the Asian session on Monday, though it lacks follow-through and remains confined in a range held over the past week or so. Spot prices currently trade just below mid-212.00s, nearly unchanged for the day amid mixed fundamental cues.
The British Pound (GBP) is pressured by a modest US Dollar (USD) strength, while rising tensions in the Middle East benefit the Japanese Yen's (JPY) safe-haven status. Apart from this, speculations that Japanese authorities would step in to stem further JPY weakness act as a headwind for the GBP/JPY cross. In fact, Japan’s top foreign exchange official and Vice Finance Minister for International Affairs, Atsushi Mimura, said earlier today that the government will consider taking measures on all fronts to contain FX volatility.
Meanwhile, the Bank of Japan (BoJ) maintained its bias toward monetary policy normalization at the end of the March meeting last week and warned that surging Crude Oil prices driven by the Middle East conflict could exacerbate inflationary pressures. The Bank of England (BoE), on the other hand, signaled the potential interest rate hike as early as April due to inflation concerns stemming from the Iran war. This, in turn, holds back traders from placing directional bets around the GBP/JPY cross and leads to range-bound price action.
Hence, it will be prudent to wait for strong follow-through buying before positioning for an extension of the recent bounce from a technically significant 100-day Simple Moving Average (SMA), around the 207.25 area, or the year-to-date low set in February. In the absence of any relevant market-moving economic data, either from Japan or the UK, fresh developments surrounding the ongoing conflicts in the Middle East will play a key role in influencing the broader risk sentiment and providing some impetus to the GBP/JPY cross.
#GBP
#GBPJPYAnalysis
#GBPUSD
#CryptoMarket
BOE HOLDS – GLOBAL MARKETS ON EDGE! $GBP
The Bank of England maintained rates at 3.75%, signaling continued concern over persistent inflation and sluggish growth. Institutional investors are recalibrating risk models, anticipating prolonged volatility. Expect increased hedging activity and potential capital rotation into safe-haven assets.
Monitor liquidity closely. Whale positioning will dictate the next major move. Prepare for amplified swings across forex and equities.
Not financial advice. Manage your risk.
#BOE #GBP #Macro #FX #Volatility 🚀
The Bank of England maintained rates at 3.75%, signaling continued concern over persistent inflation and sluggish growth. Institutional investors are recalibrating risk models, anticipating prolonged volatility. Expect increased hedging activity and potential capital rotation into safe-haven assets.
Monitor liquidity closely. Whale positioning will dictate the next major move. Prepare for amplified swings across forex and equities.
Not financial advice. Manage your risk.
#BOE #GBP #Macro #FX #Volatility 🚀
🏆🎗 #Gbp usd_Vip_Update** 🏆🎗
$GBP
Running on fire 🔥
⚜ As per our predictions it's flying smoothly with **#35_pips** profit✅
⚜ Logical trades with 1RR👌👌
🏆 **#Premium_Perfect_shoot** 🏆
$GBP
Running on fire 🔥
⚜ As per our predictions it's flying smoothly with **#35_pips** profit✅
⚜ Logical trades with 1RR👌👌
🏆 **#Premium_Perfect_shoot** 🏆
$GBP /JPY ticks up to near 212.00, investors await BoJ-BoE monetary policy
GBP/JPY edges higher to near 212.00 amid weakness in the Japanese Yen.
Both the BoJ and the BoE are expected to hold interest rates steady on Thursday.
BoJ’s Ueda remains confident that prices and wages will continue to increase moderately.
The GBP/JPY pair edges up to near 212.00 during the early European trading session on Tuesday. The cross ticks higher as the Japanese Yen (JPY) underperforms across the board, even as Bank of Japan (BoJ) Governor Kazuo Ueda expresses confidence that prices and wages are rising moderately, and the "underlying inflation is gradually accelerating towards the central bank’s 2% target”.
#GBP
#GBPJPY
#GBPJPYAnalysis
GBP/JPY edges higher to near 212.00 amid weakness in the Japanese Yen.
Both the BoJ and the BoE are expected to hold interest rates steady on Thursday.
BoJ’s Ueda remains confident that prices and wages will continue to increase moderately.
The GBP/JPY pair edges up to near 212.00 during the early European trading session on Tuesday. The cross ticks higher as the Japanese Yen (JPY) underperforms across the board, even as Bank of Japan (BoJ) Governor Kazuo Ueda expresses confidence that prices and wages are rising moderately, and the "underlying inflation is gradually accelerating towards the central bank’s 2% target”.
#GBP
#GBPJPY
#GBPJPYAnalysis
$GBP /USD bounces from lows as US Dollar retreats
The Pound Sterling recovererd around 0.75% on Monday as broad Dollar weakness offers a brief reprieve from recent selling pressure.
The BoE is expected to hold rates at 3.75% at Thursday's meeting with a less-dovish tilt than the prior meeting.
UK January employment data, due Thursday, is forecast to show ILO unemployment steady at 5.2%, with bonused earnings growth expected to ease.
GBP/USD daily chart
#GBP
#GBPUSD
#CryptoMarket
The Pound Sterling recovererd around 0.75% on Monday as broad Dollar weakness offers a brief reprieve from recent selling pressure.
The BoE is expected to hold rates at 3.75% at Thursday's meeting with a less-dovish tilt than the prior meeting.
UK January employment data, due Thursday, is forecast to show ILO unemployment steady at 5.2%, with bonused earnings growth expected to ease.
GBP/USD daily chart
#GBP
#GBPUSD
#CryptoMarket
Weekly Forex forecast: EUR/USD, XAU/USD, DXY, GBP/USD, USD/JPY & more [Video]
https://youtu.be/SIN4xsGS8ww?si=UpfbrG-tUKrlC8SV
DXY, Eur
/USD, $GBP /USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD
EUR/AUD, EUR/CAD, AUD/NZD, NZD/CAD
Bitcoin Analysis - BTC/USD
Ethereum Analysis - ETH/USD
Gold Analysis - $XAU /USD
Silver Analysis - $XAG /USD
Crude Oil Analysis - $WTI
#EUR
#GBP
#XAUUSD
#XAGTrade
https://youtu.be/SIN4xsGS8ww?si=UpfbrG-tUKrlC8SV
DXY, Eur
/USD, $GBP /USD, USD/JPY, USD/CAD, USD/CHF, AUD/USD, NZD/USD
EUR/AUD, EUR/CAD, AUD/NZD, NZD/CAD
Bitcoin Analysis - BTC/USD
Ethereum Analysis - ETH/USD
Gold Analysis - $XAU /USD
Silver Analysis - $XAG /USD
Crude Oil Analysis - $WTI
#EUR
#GBP
#XAUUSD
#XAGTrade
William - Square VN:
Thanks for sharing the weekly forecast! Always interesting to see the breakdown across so many different pairs.
UK considers dispatching minesweeping drones to help reopen Strait of Hormuz
The United Kingdom (UK) plans to send minesweeping drones to the Strait of Hormuz in an attempt to allow the flow of oil exports to resume, the Guardian reported on Sunday. However, officials said that sending ships, as requested over the weekend by the US President Donald Trump could escalate the crisis.
Market reaction
At the time of writing, the $GBP /USD pair is up 0.29% on the day at 1.3261.
#GBP
#GBPUSD
#TradingTales
The United Kingdom (UK) plans to send minesweeping drones to the Strait of Hormuz in an attempt to allow the flow of oil exports to resume, the Guardian reported on Sunday. However, officials said that sending ships, as requested over the weekend by the US President Donald Trump could escalate the crisis.
Market reaction
At the time of writing, the $GBP /USD pair is up 0.29% on the day at 1.3261.
#GBP
#GBPUSD
#TradingTales
As a result of the UK annual house price index being higher than expected (expected 4.2% / announced 4.3%), slight upward movements can be expected for £ / GBP against € / EURO.
On the other hand, Germany's trade data were negatively affected in July, contrary to expectations. Germany's trade balance was realized as 21.0B expected / 16.8B announced in July. Although limited, some decline may be observed for €/EURO against £/GBP. It is being watched closely.
#gbp #usdt #euro
İngiltere yıllık konut fiyat endeksi beklenenin üstünde gelmesi sonucu (beklenti 4.2 % / açıklanan 4.3 %) £ / GBP için € / EURO karşısında Ufak da olsa yukarı yönlü hareketler beklenebilir.
diğer taraftan Almanya ticaret verilerin beklenildiğinin aksine temmuz ayında olumsuz etkilenmiştir. Almanya ticaret dengesi temmuz ayında beklenti 21,0B / açıklanan 16,8B olarak gerçekleşmiştir. sınırlı da olsa € / EURO için £ / GBP karşısında bir miktar gerileme gozlemlenebilir. Yakindan izlenmektedir.
On the other hand, Germany's trade data were negatively affected in July, contrary to expectations. Germany's trade balance was realized as 21.0B expected / 16.8B announced in July. Although limited, some decline may be observed for €/EURO against £/GBP. It is being watched closely.
#gbp #usdt #euro
İngiltere yıllık konut fiyat endeksi beklenenin üstünde gelmesi sonucu (beklenti 4.2 % / açıklanan 4.3 %) £ / GBP için € / EURO karşısında Ufak da olsa yukarı yönlü hareketler beklenebilir.
diğer taraftan Almanya ticaret verilerin beklenildiğinin aksine temmuz ayında olumsuz etkilenmiştir. Almanya ticaret dengesi temmuz ayında beklenti 21,0B / açıklanan 16,8B olarak gerçekleşmiştir. sınırlı da olsa € / EURO için £ / GBP karşısında bir miktar gerileme gozlemlenebilir. Yakindan izlenmektedir.
UK's First Fully-Backed British Pound Stablecoin Is Here!
A UK-registered crypto firm, BCP Technologies, just dropped their Tokenised GBP (tGBP) stablecoin! It's backed 1:1 with good old British pounds held in a segregated bank account.
Think of it as a digital pound, built on Ethereum, aiming to make transactions smoother and faster. TGBP wants to be a game changer for everything from everyday payments to managing big-money institutional stuff.
BCP's CEO mentioned they're talking to major platforms, so keep your eyes peeled 👀, you might see tGBP listed on Binance soon!
This launch is a big deal, especially since UK regulators are working on new stablecoin rules. BCP even sees tGBP as a potential blueprint for future regulations!
Could this be the beginning of a new era for digital finance in the UK?
Discover more content like this!
#Stablecoin #GBP #UKcrypto #DeFi #Ethereum
Think of it as a digital pound, built on Ethereum, aiming to make transactions smoother and faster. TGBP wants to be a game changer for everything from everyday payments to managing big-money institutional stuff.
BCP's CEO mentioned they're talking to major platforms, so keep your eyes peeled 👀, you might see tGBP listed on Binance soon!
This launch is a big deal, especially since UK regulators are working on new stablecoin rules. BCP even sees tGBP as a potential blueprint for future regulations!
Could this be the beginning of a new era for digital finance in the UK?
Discover more content like this!
#Stablecoin #GBP #UKcrypto #DeFi #Ethereum
💷 🔥 Global Stocks Jitter: Rising Taxes and Budget Fears Hit the Pound and U.K. Markets 💥
📉 U.K. markets shook as rising taxes and budget worries rattled investors. The pound slipped, dragging stocks lower and stirring concerns about economic growth.
💸 Investors are weighing the impact on major sectors, from finance to tech. Uncertainty around government budgets and fiscal policies added extra pressure on market sentiment.
🌐 Global markets also felt the ripple. When the pound falters, international portfolios and commodity flows react, showing just how interconnected today’s financial world is.
⚡ Traders are reminded to keep an eye on fiscal policy shifts, currency moves, and market reactions—they can trigger sudden volatility across stocks and crypto alike.
❓ Could the U.K. rebound quickly, or are we in for a longer period of market jitters?
Don’t forget to follow, like with love ❤️, to encourage us to keep you updated and share to help us grow together!
#UKMarkets #GBP #GlobalStocks #Write2Earn #BinanceSquare
📉 U.K. markets shook as rising taxes and budget worries rattled investors. The pound slipped, dragging stocks lower and stirring concerns about economic growth.
💸 Investors are weighing the impact on major sectors, from finance to tech. Uncertainty around government budgets and fiscal policies added extra pressure on market sentiment.
🌐 Global markets also felt the ripple. When the pound falters, international portfolios and commodity flows react, showing just how interconnected today’s financial world is.
⚡ Traders are reminded to keep an eye on fiscal policy shifts, currency moves, and market reactions—they can trigger sudden volatility across stocks and crypto alike.
❓ Could the U.K. rebound quickly, or are we in for a longer period of market jitters?
Don’t forget to follow, like with love ❤️, to encourage us to keep you updated and share to help us grow together!
#UKMarkets #GBP #GlobalStocks #Write2Earn #BinanceSquare
🇬🇧 BoE mantiene tasas en 3.75% $C98
La inflación sigue por encima del objetivo 📈 $SKR
El Banco de Inglaterra (BoE) decidió mantener las tasas de interés en 3.75%, señalando cautela mientras la inflación continúa por encima del objetivo del 2%.
🔎 Puntos clave del comunicado:
📊 La inflación sigue siendo persistente
🕰️ El BoE abre la puerta a recortes más adelante este año, si los datos lo permiten
💷 La libra se debilita tras el anuncio
📉 Los rendimientos de los bonos británicos reaccionan a la baja
📌 El mensaje es claro: no hay prisa, pero el ciclo restrictivo podría estar acercándose a su fin.
Implicaciones para traders
GBP bajo presión a corto plazo
Sensibilidad extrema a datos de inflación y empleo
Activos del Reino Unido podrían beneficiarse si el mercado empieza a anticipar recortes $ARC
👉 Si operas GBP, índices británicos o renta fija del Reino Unido, este contexto importa.
#BoE #GBP #Inflation #Macro #InterestRates
La inflación sigue por encima del objetivo 📈 $SKR
El Banco de Inglaterra (BoE) decidió mantener las tasas de interés en 3.75%, señalando cautela mientras la inflación continúa por encima del objetivo del 2%.
🔎 Puntos clave del comunicado:
📊 La inflación sigue siendo persistente
🕰️ El BoE abre la puerta a recortes más adelante este año, si los datos lo permiten
💷 La libra se debilita tras el anuncio
📉 Los rendimientos de los bonos británicos reaccionan a la baja
📌 El mensaje es claro: no hay prisa, pero el ciclo restrictivo podría estar acercándose a su fin.
Implicaciones para traders
GBP bajo presión a corto plazo
Sensibilidad extrema a datos de inflación y empleo
Activos del Reino Unido podrían beneficiarse si el mercado empieza a anticipar recortes $ARC
👉 Si operas GBP, índices británicos o renta fija del Reino Unido, este contexto importa.
#BoE #GBP #Inflation #Macro #InterestRates
🚨 UK ECONOMY IN FREEFALL — STARMER ON THE BRINK OF COLLAPSE! 💥🇬🇧
Bloomberg just dropped the bomb: Britain's stumbling economy is piling MORE pain on Keir Starmer!
Q4 2025 GDP? A pathetic +0.1% — HALF what economists expected (they were hoping for 0.2%) 😤 Services flatlined, business investment SHRANK, and the whole year barely scraped 1.3% growth. BoE slashed 2026 forecast to 0.9% from 1.2% — recession vibes incoming?!
Starmer's having his WORST week ever: most unpopular PM in polling history, internal Labour calls for resignation, scandals everywhere... and now this weak growth is lighting the fuse on his political future! 🔥
Markets are freaking out: gilt yields climbing, GBP under heavy pressure, investors bracing for chaos. If Starmer can't pull off a miracle — expect wild volatility in GBP pairs, UK assets, and even crypto (because global risk-off loves this drama).
Is this the dip to buy... or the start of a bigger dump?
Traders: already shorting GBP? Waiting for the next crash? Drop your plays below! 👇
#UKEconomy #KeirStarmer #Bloomberg #GBP #StarmerDrama $INIT $TAO $LUNA
Bloomberg just dropped the bomb: Britain's stumbling economy is piling MORE pain on Keir Starmer!
Q4 2025 GDP? A pathetic +0.1% — HALF what economists expected (they were hoping for 0.2%) 😤 Services flatlined, business investment SHRANK, and the whole year barely scraped 1.3% growth. BoE slashed 2026 forecast to 0.9% from 1.2% — recession vibes incoming?!
Starmer's having his WORST week ever: most unpopular PM in polling history, internal Labour calls for resignation, scandals everywhere... and now this weak growth is lighting the fuse on his political future! 🔥
Markets are freaking out: gilt yields climbing, GBP under heavy pressure, investors bracing for chaos. If Starmer can't pull off a miracle — expect wild volatility in GBP pairs, UK assets, and even crypto (because global risk-off loves this drama).
Is this the dip to buy... or the start of a bigger dump?
Traders: already shorting GBP? Waiting for the next crash? Drop your plays below! 👇
#UKEconomy #KeirStarmer #Bloomberg #GBP #StarmerDrama $INIT $TAO $LUNA
How to Withdraw Money Directly to Your Bank Using Binance?
1. Withdraw Via “Send Cash” (Direct Bank Transfer Through Binance)
This method allows you to send crypto like USDT to your local bank account using Binance’s internal payment services.
Steps:
1. Open your Binance app.
2. Go to the “More” section from the homepage.
3. Under the “Finance” or “#pay ” section, choose “Send Cash” (available in some regions like Africa, Southeast Asia, etc.).
4. Select your local currency and bank destination.
5. Enter the amount you want to receive in your local currency. Binance will automatically show you:
How much USDT you need to send to receive that amount.
The exchange rate and fee (if any).
6. Confirm and send the required USDT.
7. Binance will process the fiat withdrawal to your bank account, often within a few minutes to hours.
This is a convenient and fairly quick method if Binance supports fiat services in your country.
2. Withdraw via #P2P (Peer-to-Peer) Selling
This method involves selling your USDT directly to another Binance user in exchange for your local currency, which they transfer directly to your bank account or mobile money.
Steps:
1. Open the Binance app and tap on “P2P” (found under the “Trade” tab).
2. Select “#sell ”, then choose #USDT .
3. Set the currency to your local fiat (e.g., #GBP for United Kingdom).
4. Browse through offers and pick a competitive rate with a trusted buyer (check their completion rate and reviews).
5. Enter the amount of USDT you want to sell and confirm the order.
6. Share your bank or payment details with the buyer (as required).
7. Once they send the money to your account, confirm you’ve received the payment.
8. Then, release the #USDT to complete the transaction.
#P2P allows more control over pricing, but you must be cautious and verify payment before releasing crypto.
If you need further guidance, I will post the basic must-know information about Binance.
Follow me
This method allows you to send crypto like USDT to your local bank account using Binance’s internal payment services.
Steps:
1. Open your Binance app.
2. Go to the “More” section from the homepage.
3. Under the “Finance” or “#pay ” section, choose “Send Cash” (available in some regions like Africa, Southeast Asia, etc.).
4. Select your local currency and bank destination.
5. Enter the amount you want to receive in your local currency. Binance will automatically show you:
How much USDT you need to send to receive that amount.
The exchange rate and fee (if any).
6. Confirm and send the required USDT.
7. Binance will process the fiat withdrawal to your bank account, often within a few minutes to hours.
This is a convenient and fairly quick method if Binance supports fiat services in your country.
2. Withdraw via #P2P (Peer-to-Peer) Selling
This method involves selling your USDT directly to another Binance user in exchange for your local currency, which they transfer directly to your bank account or mobile money.
Steps:
1. Open the Binance app and tap on “P2P” (found under the “Trade” tab).
2. Select “#sell ”, then choose #USDT .
3. Set the currency to your local fiat (e.g., #GBP for United Kingdom).
4. Browse through offers and pick a competitive rate with a trusted buyer (check their completion rate and reviews).
5. Enter the amount of USDT you want to sell and confirm the order.
6. Share your bank or payment details with the buyer (as required).
7. Once they send the money to your account, confirm you’ve received the payment.
8. Then, release the #USDT to complete the transaction.
#P2P allows more control over pricing, but you must be cautious and verify payment before releasing crypto.
If you need further guidance, I will post the basic must-know information about Binance.
Follow me
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