I am already hearing on the street from people who are unfamiliar with Binance, charging at "Binance" rates and that doesn't look good at all
sdiluca
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Bullish
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
I know that USDT is not $. It is a crypto and that trading on Binance is clearly decentralized, but... unfortunately in Venezuela speculation does exist.
sdiluca
--
Bullish
A call to consciousness. Speculating on the price of USDT on Binance is a risky practice. For Venezuelans, this is especially delicate, as USDT is often used as a way to protect against the devaluation of the bolívar.
Financial instability Speculation generates volatility in the market. By artificially inflating the price of USDT, a false sense of value is created, which can lead to significant losses for those who buy at high prices. This instability affects the entire community, turning a savings tool into a high-risk asset.
Loss of trust Speculation undermines trust in the cryptocurrency market. Users, upon perceiving erratic and unfair prices, may become discouraged from using platforms like Binance for legitimate transactions. This limits the adoption and potential of USDT as a reliable safe-haven currency, harming everyone.
Impact on the real economy USDT is used by many Venezuelans to make payments, send remittances, and protect their savings. An unstable and speculative price makes it more difficult for people to plan their finances and carry out everyday transactions. Speculation turns a useful tool into a gamble, with negative consequences for family economies.
Avoiding speculation is a way to act responsibly. In this way, we help maintain market stability, protect the community's savings, and ensure that financial tools like USDT remain useful for all Venezuelans.
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I said it a while ago, there are more and more orders that I see with those requirements and it seems unnecessary or abusive to me. There are even those who ask you for a photo of your ID with your picture.
CRYPTO UNIVERSE -
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🚨 Be Extremely Cautious When Doing P2P Crypto Trades! 🚨
Many sellers are now demanding sensitive personal information like Aadhaar card, PAN card, phone number, and even live selfies just to release the crypto. ❗If you refuse, they simply won’t complete the trade.
⚠️ Think twice before sharing—there’s no guarantee your data won’t be misused or sold to cybercriminals. Once leaked, your identity could be compromised forever. 🕵️♂️
🚨 BREAKING: Is CZ about to drop “$MUBARAK ” again? 🧨 👀 You know what happened last time…
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🕋 With Eid Al-Adha TOMORROW, the timing couldn’t be more perfect. 📈 Last time he whispered “MUBARAK”… the markets exploded. This time? 💥 It could be LEGENDARY.
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{spot}(MUBARAKUSDT)
💡 Smart money doesn’t chase pumps — it gets there first. ⚡ Don’t wait for the tweet... Position yourself BEFORE the spotlight hits.
🎯 $MUBARAK is gearing up to be the official Eid rocket 🚀 🌓 Moon mission loading… 🌙✨ 📸 Fireworks. Faith. FOMO. It’s all aligning.
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🔁 RT if you believe in the BOOM 💬 Comment “MUBARAK MOON” if you’re locked in 📲 Tag a trader who needs to see this before it’s too late
🚨 BREAKING: Is CZ about to drop “$MUBARAK ” again? 🧨 👀 You know what happened last time…
---
🕋 With Eid Al-Adha TOMORROW, the timing couldn’t be more perfect. 📈 Last time he whispered “MUBARAK”… the markets exploded. This time? 💥 It could be LEGENDARY.
---
{spot}(MUBARAKUSDT)
💡 Smart money doesn’t chase pumps — it gets there first. ⚡ Don’t wait for the tweet... Position yourself BEFORE the spotlight hits.
🎯 $MUBARAK is gearing up to be the official Eid rocket 🚀 🌓 Moon mission loading… 🌙✨ 📸 Fireworks. Faith. FOMO. It’s all aligning.
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🔁 RT if you believe in the BOOM 💬 Comment “MUBARAK MOON” if you’re locked in 📲 Tag a trader who needs to see this before it’s too late