🚨 First Monday without parallel dollar in Venezuela: How does it improve or affect the P2P market? 🇻🇪💰
This beginning of the week marks a milestone in the Venezuelan economy: for the first time, the parallel dollar does not exist as an official reference. Now that operations depend exclusively on bank quotes and P2P, two major questions arise:
🔹 Do you think the price of the dollar can drop through the P2P market? 💸 Will less distortion bring a more stable quote or will it continue to fluctuate based on supply and demand?
🔹 Do you see an economic improvement in Venezuela in the short or medium term? 📈 Does this change represent a step towards stability or is there still a long way to go to see substantial improvements in purchasing power?
🗣️ Share your opinion below! We want to hear different perspectives on this new scenario. Optimism or caution?
Guide for former El Dorado users new to Binance: How to use P2P safely
📢 Welcome to Binance Square 📢 Many users from El Dorado P2P have recently migrated to Binance. If you are among them and want to learn how this platform works, here is a basic guide and a space to resolve doubts.
🔹 How does Binance P2P work? Binance P2P is similar to El Dorado: you can buy and sell crypto with other users, but with more security and regulation. ✅ Verify your account: Complete the KYC for greater protection. ✅ Trade with confidence: Always check the ratings of the seller/buyer before each transaction. ✅ Safety first: Use two-factor authentication (2FA) and follow the terms of each operation.
🔸 Is it safe to save on Binance? Yes, but remember to diversify. Binance offers options for Flexible Savings and Locked Savings, but regulations may change.
💬 Join the discussion If you have questions about Binance P2P, how to avoid scams, or maximize profits, leave your comment. The community is here to help you! 🚀
📢 Share your questions or your experience and help other users to earn.
In Venezuela, very little exists for payment to businesses with USDT; perhaps you are referring to the ability to pay in USD $ physicals. The rest does influence it a lot, as this platform will close.
marceciccaP2P
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📢 Open debate: The closure of El Dorado P2P in Venezuela and its impact on crypto trading #💰🚨
The platform El Dorado P2P has announced the immediate cessation of its operations in Venezuela.
Its co-founder, Guillermo Goncalvez, expressed his regret and clarified that the platform had no intention of promoting speculation on the parallel dollar. However, this closure occurs in a context of increased government control over the exchange market, which has led to the detention of several actors linked to dollar reference platforms.
How does this affect crypto and stablecoin trading in Venezuela? El Dorado P2P was a key option for buying and selling USDC and USDT and other stablecoins, used by many Venezuelans to protect their savings from inflation.
⚠️ Could the same happen with Binance and other platforms? While Binance is a global platform with a wider reach, regulations and restrictions in Venezuela could affect its operations in the country. In fact, Binance has tightened its rules to prevent price manipulation in its P2P market #USDT #USDC #P2P $SOL $ETH $BTC #venezuela #eldorado
📢 Open debate: The closure of El Dorado P2P in Venezuela and its impact on crypto trading #💰🚨
The platform El Dorado P2P has announced the immediate cessation of its operations in Venezuela.
Its co-founder, Guillermo Goncalvez, expressed his regret and clarified that the platform had no intention of promoting speculation on the parallel dollar. However, this closure occurs in a context of increased government control over the exchange market, which has led to the detention of several actors linked to dollar reference platforms.
How does this affect crypto and stablecoin trading in Venezuela? El Dorado P2P was a key option for buying and selling USDC and USDT and other stablecoins, used by many Venezuelans to protect their savings from inflation.
⚠️ Could the same happen with Binance and other platforms? While Binance is a global platform with a wider reach, regulations and restrictions in Venezuela could affect its operations in the country. In fact, Binance has tightened its rules to prevent price manipulation in its P2P market #USDT #USDC #P2P $SOL $ETH $BTC #venezuela #eldorado
**🔍 Open debate: How safe is P2P trading on Binance?**
The P2P market on Binance has revolutionized the way users buy and sell cryptocurrencies without intermediaries, but it is not without risks. Although Binance implements measures such as escrow funds and identity verification, many traders still have doubts about the actual security of the system.
⚡ **What improvements should Binance implement to strengthen its P2P?
What tips can help new traders operate with more confidence?
This debate aims to gather opinions, experiences, and proposals to make P2P trading safer and more efficient. #P2P #VES #usd #usdt #BTC $BTC $ETH $SOL