‼️Tether ‘abandons’ USDT and will launch another stablecoin in Europe‼️
Tether, the largest stablecoin issuer on the market, has announced the launch of a new stable cryptocurrency adapted to European Union (EU) regulations.
Paolo Ardoino, the company’s CEO, said that the new asset will hit the market in order to comply with the requirements of the Markets in Cryptoassets Regulation (MiCA), which will come into force soon. As a result, the popular USDT, linked to the dollar, will no longer circulate in Europe, giving way to a stablecoin specific to the region.
The decision comes in a context of significant regulatory changes in the European bloc. Starting December 30, 2024, all stablecoins traded in the EU will need to be registered in advance and comply with the criteria set by MiCA.
Cryptocurrency exchanges operating in Europe, such as Coinbase, have already started announcing the delisting of assets that do not meet the new rules. This includes USDT, which is struggling to adapt to the imposed regulations.$XRP $#BtcNewHolder
Why BIO Launchpool Isn’t Worth Your Time or Money At first glance, BIO Launchpool may seem like a promising way to earn some extra tokens. But after diving into the details, it becomes clear that this investment opportunity leaves a lot to be desired. Here’s why it doesn’t make sense for most people: 1. The Returns Are Too Low • I invested $1,650 in the FDUSD Pool—a pretty significant amount compared to what most people invest. • After the 10-day period, I’m only set to earn 15 BIO tokens. • Even though each token was worth $1 at launch, that’s only $15. • Think about it: $15 on a $1,650 investment in 10 days. Not exactly the kind of return you get excited about. 2. BNB Price Volatility Is a Big Risk • If you’re staking BNB in the BNB Pool, there’s another layer of risk to consider. • The price of BNB can fluctuate dramatically, and if it drops while your funds are locked, you could lose much more than you earn on BIO tokens. • For example, if BNB drops from $240 to $200, the loss in value could easily wipe out any profits you made on the tokens. • Even if you earn $50 worth of BIO tokens, a drop like that would leave you with a net loss. 3. Your Funds Are Locked for 10 Days • When you lock your money in the pool, you lose access to it for the entire 10-day period. • That’s a long time in the crypto world, where opportunities come and go in the blink of an eye. • Plus, life happens—you might need that money for something else. With such minimal rewards, tying up your funds just doesn’t seem worth it. The Bottom Line • The potential rewards are small—$15 on a $1,650 investment is hard to justify. • The risk of losing money due to BNB price drops makes it even worse. • Locking your funds for 10 days adds unnecessary restrictions in a fast-moving market.
Why BIO Launchpool Isn’t Worth Your Time or Money At first glance, BIO Launchpool may seem like a promising way to earn some extra tokens. But after diving into the details, it becomes clear that this investment opportunity leaves a lot to be desired. Here’s why it doesn’t make sense for most people: 1. The Returns Are Too Low • I invested $1,650 in the FDUSD Pool—a pretty significant amount compared to what most people invest. • After the 10-day period, I’m only set to earn 15 BIO tokens. • Even though each token was worth $1 at launch, that’s only $15. • Think about it: $15 on a $1,650 investment in 10 days. Not exactly the kind of return you get excited about. 2. BNB Price Volatility Is a Big Risk • If you’re staking BNB in the BNB Pool, there’s another layer of risk to consider. • The price of BNB can fluctuate dramatically, and if it drops while your funds are locked, you could lose much more than you earn on BIO tokens. • For example, if BNB drops from $240 to $200, the loss in value could easily wipe out any profits you made on the tokens. • Even if you earn $50 worth of BIO tokens, a drop like that would leave you with a net loss. 3. Your Funds Are Locked for 10 Days • When you lock your money in the pool, you lose access to it for the entire 10-day period. • That’s a long time in the crypto world, where opportunities come and go in the blink of an eye. • Plus, life happens—you might need that money for something else. With such minimal rewards, tying up your funds just doesn’t seem worth it. The Bottom Line • The potential rewards are small—$15 on a $1,650 investment is hard to justify. • The risk of losing money due to BNB price drops makes it even worse. • Locking your funds for 10 days adds unnecessary restrictions in a fast-moving market.
Hey guys, I'm new here, and I also have no experience, I know almost nothing, but I'm willing to learn day trading, to be able to leverage my purchasing power, but nowadays there are only people selling fake courses, does anyone know where I can really learn... thanks, currently I'm just buying cryptos and waiting until the big day lol
Good morning everyone, I'm just starting out on Binance. Does anyone have any tips or guidance to help me? I started investing in these cryptocurrencies.
Do you have BRL (Brazilian Real) and want to buy cryptocurrencies in dollars?
I will teach you how to buy cryptocurrencies (SPOT) in dollars using BRL.
1- when you deposit your BRL, convert it to USDT
2- After converting to USDT, you must choose the cryptocurrency you want to invest in and open the chart.
3- When you open the chart, you will press BUY, which is in green.
4- The minimum amount in USDT is $5, after you choose the amount, press buy and you will receive your cryptocurrencies in USDT.
Note: If you do not have the balance check in BNB, BRL, BTC, USDT, ETH… the amount will appear in the currency you choose, but your purchase was made in USDT, the important thing is that you buy in USDT.