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"Binance P2P expands with new trading pairs in African fiat currencies, enabling seamless crypto transactions across the continent."
Binance P2P has expanded its offerings by introducing support for new trading pairs in select African fiat currencies. As of August 5, 2024, users can now trade Solana (SOL), TRON (TRX), USD Coin (USDC), Worldcoin (WLD), and Ripple (XRP) against various African fiat currencies, including Ethiopian Birr (ETB), Ghanaian Cedi (GHS), Kenyan Shilling (KES), Rwandan Franc (RWF), Tanzanian Shilling (TZS), Ugandan Shilling (UGX), Central African CFA Franc (XAF), West African CFA Franc (XOF), and South African Rand (ZAR).
This enhancement allows users to buy and sell these cryptocurrencies directly using local payment methods on the Binance P2P platform. To start trading, users can access the Binance P2P section on the Binance app or website.
For more information on how to buy or sell cryptocurrency via P2P trading on the Binance app, or how to post trade advertisements on Binance P2P, please refer to the official Binance announcement.
#P2PTrading #Binance #fiat #Information
Binance P2P has expanded its offerings by introducing support for new trading pairs in select African fiat currencies. As of August 5, 2024, users can now trade Solana (SOL), TRON (TRX), USD Coin (USDC), Worldcoin (WLD), and Ripple (XRP) against various African fiat currencies, including Ethiopian Birr (ETB), Ghanaian Cedi (GHS), Kenyan Shilling (KES), Rwandan Franc (RWF), Tanzanian Shilling (TZS), Ugandan Shilling (UGX), Central African CFA Franc (XAF), West African CFA Franc (XOF), and South African Rand (ZAR).
This enhancement allows users to buy and sell these cryptocurrencies directly using local payment methods on the Binance P2P platform. To start trading, users can access the Binance P2P section on the Binance app or website.
For more information on how to buy or sell cryptocurrency via P2P trading on the Binance app, or how to post trade advertisements on Binance P2P, please refer to the official Binance announcement.
#P2PTrading #Binance #fiat #Information
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Cambodia Opens Up to Crypto, But Bitcoin Remains Banned
Cambodia Officially Allows Type 1 Crypto Services
The National Bank of Cambodia (#NBC ) has for the first time allowed commercial banks and financial organizations to provide services related to Type 1 crypto assets, including backed cryptocurrencies such as stablecoins. This circular was issued on December 26, marking an important step in modernizing the financial system of this Southeast Asian nation.
The National Bank of Cambodia (#NBC ) has for the first time allowed commercial banks and financial organizations to provide services related to Type 1 crypto assets, including backed cryptocurrencies such as stablecoins. This circular was issued on December 26, marking an important step in modernizing the financial system of this Southeast Asian nation.
How to withdraw crypto directly in bank account as fiat (rs. or $)
1. The cryptos can be available in any wallet like funding wallet, spot wallet, earn wallet, etc. to withdraw directly into bank account, we need the crypto in funding wallet (which can be transferred from other wallets without any fee).
2. if you have multiple cryptos, convert them all into usdt.
3. Now go to p2p trading from menu and select 'sell' option. Search for the appropriate buyer of your crypto by seeing their conversion rates, how much money they can pay you upto, and upto how much crypto they can buy (it is shown in ranges).
4. Select the right buyer accordingly and click sell. Enter your crypto amount and initiate the transaction.
5. Now wait for buyer to pay you money in your bank account.
6. After you receive money, confirm the payment. Binance will ask for an authenticator app (Google Authenticator) to be enabled for security. Enable it and it will give you a 6digit code to be provided in binance crypto release page. But before that, binance will give you a long code to be pasted in authenticator to generate your 6 digit code.
7. Put the code in binance crypto release page and release the crypto.
#crypto #coin #bitcoin #CryptoWithdrawals #fiat
$CKB
1. The cryptos can be available in any wallet like funding wallet, spot wallet, earn wallet, etc. to withdraw directly into bank account, we need the crypto in funding wallet (which can be transferred from other wallets without any fee).
2. if you have multiple cryptos, convert them all into usdt.
3. Now go to p2p trading from menu and select 'sell' option. Search for the appropriate buyer of your crypto by seeing their conversion rates, how much money they can pay you upto, and upto how much crypto they can buy (it is shown in ranges).
4. Select the right buyer accordingly and click sell. Enter your crypto amount and initiate the transaction.
5. Now wait for buyer to pay you money in your bank account.
6. After you receive money, confirm the payment. Binance will ask for an authenticator app (Google Authenticator) to be enabled for security. Enable it and it will give you a 6digit code to be provided in binance crypto release page. But before that, binance will give you a long code to be pasted in authenticator to generate your 6 digit code.
7. Put the code in binance crypto release page and release the crypto.
#crypto #coin #bitcoin #CryptoWithdrawals #fiat
$CKB
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little story
i just invested a little in #bake and he gave me profitable results DYOR
all the decisions you take will have beautiful results in the end $BAKE #Write2Earn
Your good tips support you in exploring additional opportunities ♥ #BTC！ #Cryptocurrrency #fiat
i just invested a little in #bake and he gave me profitable results DYOR
all the decisions you take will have beautiful results in the end $BAKE #Write2Earn
Your good tips support you in exploring additional opportunities ♥ #BTC！ #Cryptocurrrency #fiat
Kri
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Trending ERC404 Tokens To Watch in 2024: DeFrogs, Pandora and Bake
DeFrogs (DEFROGS)
The very first PFP NFT project based on the ERC404 standard, and the very first fork thereof.
Pandora (PANDORA)
The first ERC404 token, the standard developed by 0xacme.
404 Bakery (BAKE)
The first project that allows you to deploy ERC-404 tokens in minutes.
Here's a brief overview of the current token standards:
ERC20: These tokens are fungible, typically have a high supply, and no token is unique.ERC721: Known as non-fungible tokens (NFTs), they usually have a low supply, with each token possessing a unique identifier.ERC1155: These tokens are semi-fungible, allowing for multiple tokens to share the same token ID.
What makes ERC404 different from these other token standards?
ERC404 is a token standard that closely resembles an ERC721 token with built-in ERC20 fractions. This allows for fungible trading on DEXes while still being supported on NFT applications. This is very bullish for the NFT-scene and it’s applications
Hybrid Fungible/non-fungible assets that pre-date ERC404:
- Ethereans - one of the first movers
- Non-Playable Coin - first NFT hybrid ERC1155
- BOZO - NPC fork on Solana
- Emerald (exploited, then ERC404 came right after)
PS. Don’t forget that the Binance Web3 Wallet now supports ERC404 tokens!
Tap to try 👉binance.com/web3wallet
#TrendingTopic
The very first PFP NFT project based on the ERC404 standard, and the very first fork thereof.
Pandora (PANDORA)
The first ERC404 token, the standard developed by 0xacme.
404 Bakery (BAKE)
The first project that allows you to deploy ERC-404 tokens in minutes.
Here's a brief overview of the current token standards:
ERC20: These tokens are fungible, typically have a high supply, and no token is unique.ERC721: Known as non-fungible tokens (NFTs), they usually have a low supply, with each token possessing a unique identifier.ERC1155: These tokens are semi-fungible, allowing for multiple tokens to share the same token ID.
What makes ERC404 different from these other token standards?
ERC404 is a token standard that closely resembles an ERC721 token with built-in ERC20 fractions. This allows for fungible trading on DEXes while still being supported on NFT applications. This is very bullish for the NFT-scene and it’s applications
Hybrid Fungible/non-fungible assets that pre-date ERC404:
- Ethereans - one of the first movers
- Non-Playable Coin - first NFT hybrid ERC1155
- BOZO - NPC fork on Solana
- Emerald (exploited, then ERC404 came right after)
PS. Don’t forget that the Binance Web3 Wallet now supports ERC404 tokens!
Tap to try 👉binance.com/web3wallet
#TrendingTopic
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'Bitcoin halving cycles actually coincide with global liquidity'
Why is there no connection between Taurus and Halving! (Where is the True Correlation)?
1️⃣ WHAT IS HALFING?
Bitcoin halving is the halving of the reward per new block.
On average, a block is added to the Bitcoin blockchain every 10 minutes. There is currently a reward of 6.25 bitcoins per block. This reward is halved every 210 thousand blocks (4 years on average). That's why bitcoin bull cycles generally occur every 4 years. However, if you are aware, halving is the halving of the reward in newly added blocks.
In order for it to have a real impact on the price, the previously extracted supply must be burned.
2️⃣ WHY IS HALFING IMPORTANT?
Halving is a very simple phenomenon to understand and explain.
In the simplest terms:
1- Fiat currencies are constantly printed more
2- #Bitcoin is pressed less and less as time progresses
If central banks continue to print, the price of bitcoin will continue to increase in value against these currencies. The fact that such an important phenomenon is so simple has undoubtedly accelerated the bull cycles.
So, when it comes to #fiat money supply, is there a connection between my bitcoin bull cycles and fiat money supply?
3️⃣ CORRECT CORRELATION
It's the fiat money supply that needs to be followed!
The most important correlation with Bitcoin bull cycles is the fiat money supply!
When we look at the periods dominated by not only the USA, but also the EU, Japan and China (Global M2), we see a very clear correlation. The image below actually shows us this correlation very clearly.
$BTC increase correlation with Global M2.
#halving #Yarılanma
Why is there no connection between Taurus and Halving! (Where is the True Correlation)?
1️⃣ WHAT IS HALFING?
Bitcoin halving is the halving of the reward per new block.
On average, a block is added to the Bitcoin blockchain every 10 minutes. There is currently a reward of 6.25 bitcoins per block. This reward is halved every 210 thousand blocks (4 years on average). That's why bitcoin bull cycles generally occur every 4 years. However, if you are aware, halving is the halving of the reward in newly added blocks.
In order for it to have a real impact on the price, the previously extracted supply must be burned.
2️⃣ WHY IS HALFING IMPORTANT?
Halving is a very simple phenomenon to understand and explain.
In the simplest terms:
1- Fiat currencies are constantly printed more
2- #Bitcoin is pressed less and less as time progresses
If central banks continue to print, the price of bitcoin will continue to increase in value against these currencies. The fact that such an important phenomenon is so simple has undoubtedly accelerated the bull cycles.
So, when it comes to #fiat money supply, is there a connection between my bitcoin bull cycles and fiat money supply?
3️⃣ CORRECT CORRELATION
It's the fiat money supply that needs to be followed!
The most important correlation with Bitcoin bull cycles is the fiat money supply!
When we look at the periods dominated by not only the USA, but also the EU, Japan and China (Global M2), we see a very clear correlation. The image below actually shows us this correlation very clearly.
$BTC increase correlation with Global M2.
#halving #Yarılanma
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Binance News
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Top 5 Countries With Highest Bitcoin Interest: El Salvador, Nigeria, and More
According to CryptoPotato, El Salvador tops the list of countries with the highest interest in Bitcoin, as shown by Google Trends data. The Central American nation made headlines in 2021 when it became the first country to officially recognize Bitcoin as legal tender. Since then, its pro-Bitcoin political leader, Nayib Bukele, and his administration have outlined numerous Bitcoin-related initiatives, including a vet hospital paid with the cryptocurrency, volcano bonds, and mining it with excess volcano energy. El Salvador currently holds $400 million worth of BTC.
Nigeria ranks second in interest in Bitcoin, despite the government's previous prohibition on banks servicing cryptocurrency clients. The African nation has been battling galloping inflation for years and has blamed the cryptocurrency industry for its devaluating fiat currency. However, Nigerians have always been fond of Bitcoin and other digital assets, as shown by many surveys.
The other three countries in the top five are Liechtenstein, Switzerland, and Austria, all European nations with strong economies. Switzerland is known for being pro-crypto, with multiple crypto exchange-traded products on the Swiss market, a local bank offering staking for different assets, and the Canton of Zug allowing certain payments to be made with Bitcoin and Ethereum.
Nigeria ranks second in interest in Bitcoin, despite the government's previous prohibition on banks servicing cryptocurrency clients. The African nation has been battling galloping inflation for years and has blamed the cryptocurrency industry for its devaluating fiat currency. However, Nigerians have always been fond of Bitcoin and other digital assets, as shown by many surveys.
The other three countries in the top five are Liechtenstein, Switzerland, and Austria, all European nations with strong economies. Switzerland is known for being pro-crypto, with multiple crypto exchange-traded products on the Swiss market, a local bank offering staking for different assets, and the Canton of Zug allowing certain payments to be made with Bitcoin and Ethereum.
🎄🎅ZERO RAMP FEES for #Christmas2024 !🎁✨
This holiday season, unwrap the gift of ramp-fee-free token purchases!🚀
Use #fiat to grab your favorite tokens through #AlchemyPay —no strings attached!
🗓️Dec 5 - Dec 31 (UTC)
http://ramp.alchemypay.org
Don’t miss out—turn your crypto wishlist into reality!
🎄💸
This holiday season, unwrap the gift of ramp-fee-free token purchases!🚀
Use #fiat to grab your favorite tokens through #AlchemyPay —no strings attached!
🗓️Dec 5 - Dec 31 (UTC)
http://ramp.alchemypay.org
Don’t miss out—turn your crypto wishlist into reality!
🎄💸
Creditors of the defunct Mt. Gox exchange have new updates on repayment amounts and schedules in their claims accounts, including Bitcoin and fiat payouts. Find out more about when and how repayments will be distributed.
https://btc-pulse.com/mt-gox-creditors-get-crucial-update-on-repayment/
#MtGox $BTC #fiat #Repayment
https://btc-pulse.com/mt-gox-creditors-get-crucial-update-on-repayment/
#MtGox $BTC #fiat #Repayment
Stripe to Reintroduce Crypto Payments
(Bullish on Crypto Again!)
Payment giant Stripe is bringing back crypto!
They announced plans to reintroduce cryptocurrency transactions this summer, signaling a renewed commitment to the digital currency space ($$$) after suspending Bitcoin support in 2018.
Here's the deal:
Stripe has been involved with crypto for a while, but they're hitting pause on past ventures (like Bitcoin) due to low usage .
This time around, they're focused on making things easier for users (think smooth sailing ⛵️)
Faster processing times and lower fees for crypto transactions are making them more attractive (lightning speed ⚡️ and less $$!).
This relaunch follows Stripe's fiat-to-crypto feature launched in May 2023 (making it easier to buy crypto with regular money ➡️₿), showing their continued interest in crypto's potential.
The takeaway:
Stripe's re-entry into crypto payments is a big win for crypto enthusiasts (crypto fam rejoice! ). It shows they believe crypto is maturing and becoming more useful (growing pains are over ). This could be a major step towards widespread adoption (crypto going mainstream ).
#Crypto #Payments #fiat #CZBİNANCE
(Bullish on Crypto Again!)
Payment giant Stripe is bringing back crypto!
They announced plans to reintroduce cryptocurrency transactions this summer, signaling a renewed commitment to the digital currency space ($$$) after suspending Bitcoin support in 2018.
Here's the deal:
Stripe has been involved with crypto for a while, but they're hitting pause on past ventures (like Bitcoin) due to low usage .
This time around, they're focused on making things easier for users (think smooth sailing ⛵️)
Faster processing times and lower fees for crypto transactions are making them more attractive (lightning speed ⚡️ and less $$!).
This relaunch follows Stripe's fiat-to-crypto feature launched in May 2023 (making it easier to buy crypto with regular money ➡️₿), showing their continued interest in crypto's potential.
The takeaway:
Stripe's re-entry into crypto payments is a big win for crypto enthusiasts (crypto fam rejoice! ). It shows they believe crypto is maturing and becoming more useful (growing pains are over ). This could be a major step towards widespread adoption (crypto going mainstream ).
#Crypto #Payments #fiat #CZBİNANCE
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$BTC Halving Can he make all investors poor?
Over the past six months, the main cryptocurrency #BTC has shown excellent growth, even setting a new record.
All this is happening, including due to the expectations of market players for the upcoming #halvingbitcoin
Everyone has purchased and is waiting for an even greater increase in price, all experts as one speak about an increase to 100,000+, mathematics, analysis and statistics confirm this all. Indeed, in previous times, after #HalvingBTC , its price grew.
However, it seems to me that many people forget the basics. On the stock exchange, especially on cryptocurrency exchanges, the earnings of some almost always mean losses for others.
Not everyone can be a winner in the cryptocurrency market
Contrary to all the most optimistic forecasts, I would suggest playing it safe and transferring at least part of the money earned to #fiat
You need to put aside your emotions and diversify risks before such a large-scale event, because in the cryptocurrency market there is always a chance to get a result completely opposite to your expectations.
Over the past six months, the main cryptocurrency #BTC has shown excellent growth, even setting a new record.
All this is happening, including due to the expectations of market players for the upcoming #halvingbitcoin
Everyone has purchased and is waiting for an even greater increase in price, all experts as one speak about an increase to 100,000+, mathematics, analysis and statistics confirm this all. Indeed, in previous times, after #HalvingBTC , its price grew.
However, it seems to me that many people forget the basics. On the stock exchange, especially on cryptocurrency exchanges, the earnings of some almost always mean losses for others.
Not everyone can be a winner in the cryptocurrency market
Contrary to all the most optimistic forecasts, I would suggest playing it safe and transferring at least part of the money earned to #fiat
You need to put aside your emotions and diversify risks before such a large-scale event, because in the cryptocurrency market there is always a chance to get a result completely opposite to your expectations.
What's the biggest scam in life?
The fiat system might just take the cake. 🍰
First, you pay taxes on the money you earn. 💸
Then, you pay taxes on the money you spend. 🛒
And to top it off, you pay taxes on the things you already own—things you bought with money that was already taxed! 🏠
Here’s the burning question: if central bankers can print money out of thin air, why are regular folks like us taxed so much?
#WeAreAllSatoshi #fiat #crypto
The fiat system might just take the cake. 🍰
First, you pay taxes on the money you earn. 💸
Then, you pay taxes on the money you spend. 🛒
And to top it off, you pay taxes on the things you already own—things you bought with money that was already taxed! 🏠
Here’s the burning question: if central bankers can print money out of thin air, why are regular folks like us taxed so much?
#WeAreAllSatoshi #fiat #crypto
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Good News for Business Owners! 🎉
Stripe, a company that is often used for online transactions, can now accept payments using USDC! So, for those of you who have an online business and have customers from various countries, they can make payments using the USDC digital coin. 💱
Previously, Stripe had tried to enter the crypto world, but for some reason, they stopped operating. Now, they are back with a more sophisticated feature! With this feature, customers from more than 150 countries can directly pay using USDC, and you as a seller will receive payment in US dollars. So, you don't need to bother taking care of the problem of exchanging digital currencies anymore. 🌐
Why is this important?
Easier: The payment process is simpler for buyers and sellers. Faster: Transactions can be completed quickly without waiting for confirmation from the blockchain network for too long. Safer: USDC is a stablecoin, which means its price is more stable than Bitcoin. So, you don't need to worry about the coin price fluctuating. 🔒
What Does This Mean for Us?
With this new feature, it is hoped that more businesses will accept payments using crypto. This could be a good first step towards wider adoption of digital currencies. 🚀
Stripe is a breath of fresh air for the crypto world. With this new feature, we can more easily buy goods or services using digital coins. So, get ready, maybe many online stores will start accepting payments using USDC!
#CryptoExplorerFiesta #Binance #usdc #fiat
What do you think? Leave it in the comments! 💬
Stripe, a company that is often used for online transactions, can now accept payments using USDC! So, for those of you who have an online business and have customers from various countries, they can make payments using the USDC digital coin. 💱
Previously, Stripe had tried to enter the crypto world, but for some reason, they stopped operating. Now, they are back with a more sophisticated feature! With this feature, customers from more than 150 countries can directly pay using USDC, and you as a seller will receive payment in US dollars. So, you don't need to bother taking care of the problem of exchanging digital currencies anymore. 🌐
Why is this important?
Easier: The payment process is simpler for buyers and sellers. Faster: Transactions can be completed quickly without waiting for confirmation from the blockchain network for too long. Safer: USDC is a stablecoin, which means its price is more stable than Bitcoin. So, you don't need to worry about the coin price fluctuating. 🔒
What Does This Mean for Us?
With this new feature, it is hoped that more businesses will accept payments using crypto. This could be a good first step towards wider adoption of digital currencies. 🚀
Stripe is a breath of fresh air for the crypto world. With this new feature, we can more easily buy goods or services using digital coins. So, get ready, maybe many online stores will start accepting payments using USDC!
#CryptoExplorerFiesta #Binance #usdc #fiat
What do you think? Leave it in the comments! 💬
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THE SCAM OF FIAT MONEY
Fiat currencies, like the dollar or the euro, have no real value.
They are not backed by any tangible asset, like gold, which means their only value is the blind trust we have in the governments that issue them.
But that trust is used for a system that enriches a few and robs the masses.
Why are fiat currencies a scam?
Money is simply paper:
The value of fiat currencies depends on the willingness of governments to maintain their value.
If a government decides to print more money, the value of that money is diluted.
They are not backed by any tangible asset, like gold, which means their only value is the blind trust we have in the governments that issue them.
But that trust is used for a system that enriches a few and robs the masses.
Why are fiat currencies a scam?
Money is simply paper:
The value of fiat currencies depends on the willingness of governments to maintain their value.
If a government decides to print more money, the value of that money is diluted.
Your Portfolio, Your Rules: Want to grow your wealth? Bitcoin offers the potential for significant returns. Looking to preserve your purchasing power? Gold has historically been a reliable store of value. But beware of fiat currencies, as inflation can significantly diminish their value over time.
#fiat #BTC #gold #Altcoinseason2024
#fiat #BTC #gold #Altcoinseason2024