binancevenezuela
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When you encounter this type of merchants, simply ignore them.
What is not okay to ask for:
❌ Photos of you holding your identity document.
❌ Photos of your identity document.
What is okay to ask for:
✅ Account number
✅ Identity document number
By sharing a photo of yourself with your identity document or just your identity document, you open up a sea of possibilities for someone to impersonate you on other platforms, and I'm not just talking about crypto platforms; any platform with a security gap in identity document verification will make it possible for someone to impersonate you.
Take care☺️
#BinanceP2P #BinanceVenezuela #BinanceLatam
What is not okay to ask for:
❌ Photos of you holding your identity document.
❌ Photos of your identity document.
What is okay to ask for:
✅ Account number
✅ Identity document number
By sharing a photo of yourself with your identity document or just your identity document, you open up a sea of possibilities for someone to impersonate you on other platforms, and I'm not just talking about crypto platforms; any platform with a security gap in identity document verification will make it possible for someone to impersonate you.
Take care☺️
#BinanceP2P #BinanceVenezuela #BinanceLatam
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Banking Challenges and Access to Exchanges in Venezuela.
#BinanceVenezuela
Crypto Blocking: Despite the legality of cryptocurrencies, the Venezuelan banking system maintains a very cautious or restrictive stance, often blocking transfers related to international centralized exchanges.
P2P Dependency: Most Venezuelans rely on the P2P market (direct exchange between people) to convert Bolívares or dollars to cryptocurrencies and vice versa, which adds counterparty risk, although it offers more flexibility and anonymity.
Crypto Blocking: Despite the legality of cryptocurrencies, the Venezuelan banking system maintains a very cautious or restrictive stance, often blocking transfers related to international centralized exchanges.
P2P Dependency: Most Venezuelans rely on the P2P market (direct exchange between people) to convert Bolívares or dollars to cryptocurrencies and vice versa, which adds counterparty risk, although it offers more flexibility and anonymity.
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#BinanceVenezuela we should create a community to help each other, thus supporting and growing the new #trader of the future
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#binancevenezuela The price is set by the market, right? The price of USDT is not far from the black dollar. The only way to control it is if the Venezuelan state allows purchases and sales with any crypto, but national obligations (taxes and payments in Bolívares) would make the dollar stop feeling like a burden, and people would also stop seeking refuge to safeguard their income. With complaints and limits, nothing gets done. To those who ask for punishment, I say they know nothing about the crypto world; here, the market rules, not anyone's personal interests. The change comes from replacing devaluation with governmental stubbornness.
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What is the safest network to safeguard your USDT?
In Latin America, USDT has become a refuge against inflation and an option to save or send money without banks.
The security, decentralization, cost, and accessibility criteria vary widely among networks.
Ethereum, Tron, and BNB Chain concentrate most of the USDT traffic in Latin America.
Although stablecoins have gained ground as a digital refuge against inflation, not all networks where USDT circulates offer the same guarantees of security and stability.
In Latin America, where cryptocurrencies are increasingly used to save or move money between countries, choosing the right network can make the difference between preserving value or exposing oneself to unnecessary risks.
The security, decentralization, cost, and accessibility criteria vary widely among networks.
Ethereum, Tron, and BNB Chain concentrate most of the USDT traffic in Latin America.
Although stablecoins have gained ground as a digital refuge against inflation, not all networks where USDT circulates offer the same guarantees of security and stability.
In Latin America, where cryptocurrencies are increasingly used to save or move money between countries, choosing the right network can make the difference between preserving value or exposing oneself to unnecessary risks.
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hello, I am somewhat new to this Binance thing, can you please explain to me what this means... I have already lost assets with something like this on Coinbase #binancevenezuela
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#binancevenezuela
It's a topic gentlemen, place your USDT in flexible or compound savings. If you don't know how to do it, study the Binance Academy, it's free, before investing, and if not, there is also a lot of information on YouTube.
It's a topic gentlemen, place your USDT in flexible or compound savings. If you don't know how to do it, study the Binance Academy, it's free, before investing, and if not, there is also a lot of information on YouTube.
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#Binance #venezuela #BinanceVenezuela #solana #binancebnb
Don't just watch the train go by! The next bullish wave could start at any moment. Research Solana (SOL) today and understand why the community calls it the "Internet of Value".
🚀 OPPORTUNITY ALERT! Don't Ignore the SOLANA Rocket (SOL)
📈 The "Ethereum Killer" Consolidates Its Bullish Momentum
Tired of seeing how the digital dollar (USDT) stabilizes you but doesn't help you grow? The crypto market is roaring back, and there's a high-speed engine ready for the next explosion: Solana (SOL).
Solana is not just a cryptocurrency; it is an ultra-fast smart contract platform attracting the most innovative Gaming, NFTs, and DeFi (Decentralized Finance) projects on the planet.
Why put SOL on your radar NOW?
Astonishing Speed: With the ability to process thousands of transactions per second, it is the favorite network for massive applications. Where there is action, there is value!
The Ecosystem Grows: New projects, airdrops, and solutions launch daily on Solana, injecting liquidity and constant demand for the SOL token.
Explosive Projections: Despite market corrections, technical analysts see SOL consolidating its base to seek new all-time highs in the next bullish rally. The time to accumulate is before the rocket takes off!
Don't just watch the train go by! The next bullish wave could start at any moment. Research Solana (SOL) today and understand why the community calls it the "Internet of Value".
🚀 OPPORTUNITY ALERT! Don't Ignore the SOLANA Rocket (SOL)
📈 The "Ethereum Killer" Consolidates Its Bullish Momentum
Tired of seeing how the digital dollar (USDT) stabilizes you but doesn't help you grow? The crypto market is roaring back, and there's a high-speed engine ready for the next explosion: Solana (SOL).
Solana is not just a cryptocurrency; it is an ultra-fast smart contract platform attracting the most innovative Gaming, NFTs, and DeFi (Decentralized Finance) projects on the planet.
Why put SOL on your radar NOW?
Astonishing Speed: With the ability to process thousands of transactions per second, it is the favorite network for massive applications. Where there is action, there is value!
The Ecosystem Grows: New projects, airdrops, and solutions launch daily on Solana, injecting liquidity and constant demand for the SOL token.
Explosive Projections: Despite market corrections, technical analysts see SOL consolidating its base to seek new all-time highs in the next bullish rally. The time to accumulate is before the rocket takes off!
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7 advantages for Venezuelans in Binance
1. Protection against hyperinflation:
USDT/USDC maintain their value against the depreciation of the bolívar.
2. Cost-effective and fast remittances:
International transfers with fees <1% and in minutes (vs. traditional systems).
3. Access to global investments:
+300 cryptocurrencies and staking to diversify savings in dollars.
4. No capital controls:
Buy/sell in bolívar through P2P, without banking procedures or restrictions.
5. Financial inclusion:
Operate solely with a smartphone, without the need for a bank account.
6. Liquidity in digital dollars:
USDT/BUSD act as stable dollars, instantly convertible via P2P.
7. Financial education:
Free courses in Spanish (Binance Academy) to learn about crypto and investments.
✅ Key: Practical tools to save, invest, and connect with the global economy, avoiding local limitations.
#Binance
#BinanceVenezuela
1. Protection against hyperinflation:
USDT/USDC maintain their value against the depreciation of the bolívar.
2. Cost-effective and fast remittances:
International transfers with fees <1% and in minutes (vs. traditional systems).
3. Access to global investments:
+300 cryptocurrencies and staking to diversify savings in dollars.
4. No capital controls:
Buy/sell in bolívar through P2P, without banking procedures or restrictions.
5. Financial inclusion:
Operate solely with a smartphone, without the need for a bank account.
6. Liquidity in digital dollars:
USDT/BUSD act as stable dollars, instantly convertible via P2P.
7. Financial education:
Free courses in Spanish (Binance Academy) to learn about crypto and investments.
✅ Key: Practical tools to save, invest, and connect with the global economy, avoiding local limitations.
#Binance
#BinanceVenezuela
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What is the experience of taking a mototaxi and paying with USDT in Venezuela?
An integration between Yummy Rides and Binance Pay streamlines the use of Tether Limited's stablecoin to pay for transportation services.
USD Tether (USDT), the stablecoin of the US dollar issued by Tether Limited, has earned a place in the Venezuelan economy, which has begun to see this asset as an alternative in the absence of physical bills and the ongoing economic crisis.
Beyond the use of USDT as a store of value in a highly inflationary economy, this currency has played a notable role in its use as a payment method for products and services.
USD Tether (USDT), the stablecoin of the US dollar issued by Tether Limited, has earned a place in the Venezuelan economy, which has begun to see this asset as an alternative in the absence of physical bills and the ongoing economic crisis.
Beyond the use of USDT as a store of value in a highly inflationary economy, this currency has played a notable role in its use as a payment method for products and services.
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#venezuela #P2PVenezuela #P2PVenezuela #BinanceVenezuela
Important reflection for the Venezuelan crypto community 🇻🇪
If Binance recognizes the official value of the dollar in Venezuela, why is it allowed to trade at rates close to Bs. 319 in the P2P market, when the BCV dollar remains around Bs. 225?
This makes no sense, and it directly impacts our daily economy.
If Binance adjusted the P2P trading limits to the official BCV value, it would reduce the exchange rate gap that currently generates three different rates in streets, businesses, and digital platforms.
💡 Imagine the positive change:
A single reference rate would bring more stability, transparency, and fairness for both merchants and consumers.
I invite everyone who agrees to report this situation to Binance support.
If at least 1,000 people raise their voices and present the case, we could generate a significant improvement for everyone.
🤝 Let's remember: we, the Venezuelan merchants and users, are also part of the change.
With common sense and collaboration, we can promote a fairer and more functional economy for all.
#BinanceVenezuela #CryptoCommunity #P2P #BCVDollar
Important reflection for the Venezuelan crypto community 🇻🇪
If Binance recognizes the official value of the dollar in Venezuela, why is it allowed to trade at rates close to Bs. 319 in the P2P market, when the BCV dollar remains around Bs. 225?
This makes no sense, and it directly impacts our daily economy.
If Binance adjusted the P2P trading limits to the official BCV value, it would reduce the exchange rate gap that currently generates three different rates in streets, businesses, and digital platforms.
💡 Imagine the positive change:
A single reference rate would bring more stability, transparency, and fairness for both merchants and consumers.
I invite everyone who agrees to report this situation to Binance support.
If at least 1,000 people raise their voices and present the case, we could generate a significant improvement for everyone.
🤝 Let's remember: we, the Venezuelan merchants and users, are also part of the change.
With common sense and collaboration, we can promote a fairer and more functional economy for all.
#BinanceVenezuela #CryptoCommunity #P2P #BCVDollar
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🇻🇪⚠️ Diosdado Cabello spoke 🛑 😳
😳🇻🇪⚠️🛑 Diosdado Cabello, Minister of the Interior of Venezuela, has announced the detention of 20 people for spreading on social media the quotation of the parallel dollar, different from that of the official market. In this context, Cabello highlighted that cryptocurrency platforms like Binance are consolidating as a reference for many Venezuelans due to the scarcity of dollars and inflation.
Reactions and measures:
The Venezuelan government seeks to reinforce control over the exchange rate amid the devaluation of the bolívar. Cryptocurrencies are gaining ground in Venezuela as an alternative to the official market. The gap between the official exchange rate and the parallel one reaches 38%, reflecting an imbalance in the demand and supply of dollars.
Reactions and measures:
The Venezuelan government seeks to reinforce control over the exchange rate amid the devaluation of the bolívar. Cryptocurrencies are gaining ground in Venezuela as an alternative to the official market. The gap between the official exchange rate and the parallel one reaches 38%, reflecting an imbalance in the demand and supply of dollars.
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#binancevenezuela is a little crazy what some people do with those prices. One thing is that it should be at 167 or at most be at 170, but at 189, almost 190, don't be mean, okay? People are overdoing it 💀
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#binancevenezuela it's no use to throw straw at those who are charging for the supervalued USDT when the parallel dollar was not much different, now the situation is worse.
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I think that in the short term we are going to have a problem with the Binance community in Venezuela because of ourselves... but well, we'll wait and see.. 128.24 the official Bcv.. #binancevenezuela #inflacion
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The Naked Truth of Binance in Venezuela: More than an Exchange, a National Necessity
For the world, Binance is a trading platform, for speculation, to dream of a "lambo". For Venezuela, the reality is much harsher and more fundamental: Binance is a survival tool.
Whoever does not live here does not understand what it means to see the dollar price rise twice in a day and feel how the salary or savings turn into dust. It is not a graph on a screen, it is the lunch menu that shrinks, the medicine that you can no longer afford. In this chaos, Binance was not an option, it became a necessity.
Whoever does not live here does not understand what it means to see the dollar price rise twice in a day and feel how the salary or savings turn into dust. It is not a graph on a screen, it is the lunch menu that shrinks, the medicine that you can no longer afford. In this chaos, Binance was not an option, it became a necessity.
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#binancevenezuela Well, the detail is that the bolívar outside the country is becoming more devalued every time, but we have to see how the market behaves; not buying is an option or simply looking for the one with the best price.
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They are talking about laws for stablecoins and here I am checking if my USDT is still worth a dollar. In Venezuela, one clings more to crypto than to hope, so hopefully this #StablecoinLaw will serve to protect, not complicate. Because if they're going to put obstacles in the way of moving the little I have, I might as well go back to barter with bananas.
#StablecoinLaw #BinanceVenezuela #BinanceSquare #VenezolanoEnCripto
#StablecoinLaw #BinanceVenezuela #BinanceSquare #VenezolanoEnCripto
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after a few days without posting updates, PS here we are again sharing my progress over 30 days of my portfolio..! $BTC $ETH $BNB #Progress #Avances #Mywallet #BinanceVenezuela
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