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😱🔥ATTENTION🥶Binance Founder Changpeng Zhao Predicts Bitcoin Could Surpass $850,000💸
⏭️⏭️ (FOLLOW ME ❤️ 💯)⏮️⏮️
Binance co-founder Changpeng Zhao (CZ) recently made headlines with his bold prediction that Bitcoin’s value could surpass $850,000. Speaking at the Bitcoin MENA 2024 conference in Abu Dhabi, CZ shared his insights on Bitcoin's potential to outpace gold’s market cap, citing its unique advantages as a digital asset.
⏯️Bitcoin vs.Gold: The Market Cap Comparison⚖️⤵️
CZ’s prediction stems from the idea that Bitcoin could exceed gold’s current market cap of $18.25 trillion. At that valuation, each Bitcoin would be worth approximately $921,976. CZ emphasized that Bitcoin’s growth trajectory surpasses gold’s due to its nature as a new and revolutionary technology compared to gold, an age-old financial asset.
⏯️Why CZ Believes Bitcoin Is Superior to Gold🌟🪙⤵️
CZ outlined several reasons for Bitcoin’s potential to outshine gold:
1. Limited Supply: Bitcoin’s fixed supply of 21 million coins makes it a deflationary asset, unlike gold, which can still be mined.
2. Ease of Use: Bitcoin is easier to store, spend, and transfer compared to the logistical challenges of handling physical gold.
3. Transactional Efficiency: Bitcoin enables seamless wealth transfer across borders without the need for intermediaries, unlike gold.
These attributes, according to CZ, position Bitcoin as a superior financial tool capable of fostering a larger industry than gold.
⏯️Supporting Voices in the Industry👨💻⤵️
CZ is not alone in comparing Bitcoin to gold. Prominent figures like Anthony Scaramucci and Howard Lutnick have also expressed confidence in Bitcoin’s ability to outgrow gold as a store of value. They highlight Bitcoin’s technological superiority and its appeal to modern investors seeking decentralized alternatives to traditional assets.
⏯️The Path to $850,000💸⤵️
Reaching $850,000 per Bitcoin would require substantial adoption and market capitalization growth. For context, Bitcoin’s market cap is currently around $700 billion. Achieving a market cap similar to gold’s $18.25 trillion would necessitate increased institutional adoption, regulatory clarity, and broader public acceptance.
⏯️Considerations for Investors😇⤵️
While predictions like CZ’s highlight Bitcoin’s potential, they also underscore the speculative nature of the cryptocurrency market. Prices are influenced by factors such as market demand, regulatory changes, and global economic conditions.
Conclusion⤵️
Changpeng Zhao’s forecast reflects the growing belief in Bitcoin’s transformative potential. By positioning Bitcoin as a modern alternative to gold, he underscores its evolving role in the global financial ecosystem. Whether Bitcoin reaches $850,000 or not, its continued adoption and innovation will likely shape its future trajectory.,,,what is your thought guys?#BTC #Binance #ETH #DOGE #P2P
$BTC
$BNB
Binance co-founder Changpeng Zhao (CZ) recently made headlines with his bold prediction that Bitcoin’s value could surpass $850,000. Speaking at the Bitcoin MENA 2024 conference in Abu Dhabi, CZ shared his insights on Bitcoin's potential to outpace gold’s market cap, citing its unique advantages as a digital asset.
⏯️Bitcoin vs.Gold: The Market Cap Comparison⚖️⤵️
CZ’s prediction stems from the idea that Bitcoin could exceed gold’s current market cap of $18.25 trillion. At that valuation, each Bitcoin would be worth approximately $921,976. CZ emphasized that Bitcoin’s growth trajectory surpasses gold’s due to its nature as a new and revolutionary technology compared to gold, an age-old financial asset.
⏯️Why CZ Believes Bitcoin Is Superior to Gold🌟🪙⤵️
CZ outlined several reasons for Bitcoin’s potential to outshine gold:
1. Limited Supply: Bitcoin’s fixed supply of 21 million coins makes it a deflationary asset, unlike gold, which can still be mined.
2. Ease of Use: Bitcoin is easier to store, spend, and transfer compared to the logistical challenges of handling physical gold.
3. Transactional Efficiency: Bitcoin enables seamless wealth transfer across borders without the need for intermediaries, unlike gold.
These attributes, according to CZ, position Bitcoin as a superior financial tool capable of fostering a larger industry than gold.
⏯️Supporting Voices in the Industry👨💻⤵️
CZ is not alone in comparing Bitcoin to gold. Prominent figures like Anthony Scaramucci and Howard Lutnick have also expressed confidence in Bitcoin’s ability to outgrow gold as a store of value. They highlight Bitcoin’s technological superiority and its appeal to modern investors seeking decentralized alternatives to traditional assets.
⏯️The Path to $850,000💸⤵️
Reaching $850,000 per Bitcoin would require substantial adoption and market capitalization growth. For context, Bitcoin’s market cap is currently around $700 billion. Achieving a market cap similar to gold’s $18.25 trillion would necessitate increased institutional adoption, regulatory clarity, and broader public acceptance.
⏯️Considerations for Investors😇⤵️
While predictions like CZ’s highlight Bitcoin’s potential, they also underscore the speculative nature of the cryptocurrency market. Prices are influenced by factors such as market demand, regulatory changes, and global economic conditions.
Conclusion⤵️
Changpeng Zhao’s forecast reflects the growing belief in Bitcoin’s transformative potential. By positioning Bitcoin as a modern alternative to gold, he underscores its evolving role in the global financial ecosystem. Whether Bitcoin reaches $850,000 or not, its continued adoption and innovation will likely shape its future trajectory.,,,what is your thought guys?#BTC #Binance #ETH #DOGE #P2P
$BTC
$BNB
😱🤔How High Can XRP Price Go If Ripple Launches RLUSD Tomorrow? Let's us Talk⤵️
⏭️(FOLLOW ME ❤️ 🫶)⏮️
XRP has gained significant momentum in recent weeks, driven by optimism and a broader cryptocurrency market surge. Ripple Labs' anticipated launch of the RLUSD stablecoin could further influence XRP’s price trajectory. Here’s a detailed look at how the RLUSD launch might affect XRP and what factors could drive its growth.
Ripple’s RLUSD: What It Means for XRP🤔⤵️
Ripple Labs recently received approval from the New York Department of Financial Services (NYDFS) to launch RLUSD, a stablecoin backed by the U.S. dollar. Ripple CEO Brad Garlinghouse announced this milestone on December 10, hinting at upcoming exchange and partner listings.
The stablecoin is expected to play a critical role in Ripple's ecosystem, with XRP facilitating RLUSD’s liquidity, settlement processes, and fast, low-cost transactions. Additionally, XRP might act as collateral for RLUSD issuance, further integrating the token into Ripple's infrastructure.
XRP’s Price Predictions After RLUSD Launch📊
Currently trading at $2.33, XRP has already seen a 7% increase in the past 24 hours. The RLUSD launch could push XRP’s price higher, with the following projections:
Short-term targets⏯️: $5–$6, reflecting a potential 150% increase.
Medium-term projections⏯️: $8–$10 as adoption grows.
Long-term outlook⏯️: $15–$20, marking a possible 500% rise.
These estimates stem from XRP’s enhanced utility in the RLUSD ecosystem and broader adoption for financial transactions.
Other Factors Driving XRP’s Potential Growth⤵️
While the RLUSD launch could be a pivotal moment for XRP, several other elements might influence its future price:
1. Regulatory Developments➡️: Favorable rulings in key jurisdictions could boost market confidence in XRP.
2. Cross-Border Payment Adoption➡️: XRP’s speed and cost-effectiveness make it appealing for international remittances and payments.
3. Partnerships and Network Growth➡️: Ripple’s collaborations with financial institutions enhance XRP’s use cases.
4. Technological Upgrades➡️: Advances in the XRP Ledger and integration with decentralized finance (DeFi) applications could increase its utility.
5. Market Trends➡️: A rising cryptocurrency market, exemplified by Bitcoin nearing $97,000, may amplify interest in XRP.
Market Outlook⚖️
Ripple’s RLUSD stablecoin could enhance XRP’s role in global finance, but its price will depend on adoption, market trends, and regulatory clarity. While projections suggest significant potential, cryptocurrency prices are inherently volatile, and factors like market sentiment and macroeconomic conditions will influence XRP’s future.
The RLUSD launch represents a strategic development for Ripple and XRP, positioning the asset for increased relevance in the evolving digital economy.#XRP #BTC #ETH #Binance #P2P
$BTC
XRP has gained significant momentum in recent weeks, driven by optimism and a broader cryptocurrency market surge. Ripple Labs' anticipated launch of the RLUSD stablecoin could further influence XRP’s price trajectory. Here’s a detailed look at how the RLUSD launch might affect XRP and what factors could drive its growth.
Ripple’s RLUSD: What It Means for XRP🤔⤵️
Ripple Labs recently received approval from the New York Department of Financial Services (NYDFS) to launch RLUSD, a stablecoin backed by the U.S. dollar. Ripple CEO Brad Garlinghouse announced this milestone on December 10, hinting at upcoming exchange and partner listings.
The stablecoin is expected to play a critical role in Ripple's ecosystem, with XRP facilitating RLUSD’s liquidity, settlement processes, and fast, low-cost transactions. Additionally, XRP might act as collateral for RLUSD issuance, further integrating the token into Ripple's infrastructure.
XRP’s Price Predictions After RLUSD Launch📊
Currently trading at $2.33, XRP has already seen a 7% increase in the past 24 hours. The RLUSD launch could push XRP’s price higher, with the following projections:
Short-term targets⏯️: $5–$6, reflecting a potential 150% increase.
Medium-term projections⏯️: $8–$10 as adoption grows.
Long-term outlook⏯️: $15–$20, marking a possible 500% rise.
These estimates stem from XRP’s enhanced utility in the RLUSD ecosystem and broader adoption for financial transactions.
Other Factors Driving XRP’s Potential Growth⤵️
While the RLUSD launch could be a pivotal moment for XRP, several other elements might influence its future price:
1. Regulatory Developments➡️: Favorable rulings in key jurisdictions could boost market confidence in XRP.
2. Cross-Border Payment Adoption➡️: XRP’s speed and cost-effectiveness make it appealing for international remittances and payments.
3. Partnerships and Network Growth➡️: Ripple’s collaborations with financial institutions enhance XRP’s use cases.
4. Technological Upgrades➡️: Advances in the XRP Ledger and integration with decentralized finance (DeFi) applications could increase its utility.
5. Market Trends➡️: A rising cryptocurrency market, exemplified by Bitcoin nearing $97,000, may amplify interest in XRP.
Market Outlook⚖️
Ripple’s RLUSD stablecoin could enhance XRP’s role in global finance, but its price will depend on adoption, market trends, and regulatory clarity. While projections suggest significant potential, cryptocurrency prices are inherently volatile, and factors like market sentiment and macroeconomic conditions will influence XRP’s future.
The RLUSD launch represents a strategic development for Ripple and XRP, positioning the asset for increased relevance in the evolving digital economy.#XRP #BTC #ETH #Binance #P2P
$BTC
🔥🤔Can D.O.G.E. End U.S. Inflation? Elon Musk Shares His Vision 🏹
⏮️⏮️(FOLLOW ME ❤️ 💯)⏮️⏮️
In a recent move that has caught significant attention, tech magnate Elon Musk has suggested that the Department of Government Efficiency (D.O.G.E.), a newly formed entity under Donald Trump's administration, could be the solution to curbing U.S. inflation. Musk, appointed alongside entrepreneur Vivek Ramaswamy to lead this initiative, outlined bold steps to address the economic pressures impacting global markets.
⏬️The Roots of Inflation📍
Musk’s remarks pinpoint “government overspending” as the primary driver of inflation. He believes that stopping unnecessary federal expenditures could eliminate inflation altogether. This stance aligns with the department’s overarching goal of improving the government’s fiscal efficiency.
The U.S. inflation rate has consistently exceeded the Federal Reserve’s 2% target, leading to increased uncertainty for investors. Despite the central bank cutting policy rates twice this year, concerns linger. Musk's comments come at a pivotal moment, with the latest Consumer Price Index (CPI) data expected soon.
⏬️⏬️Musk’s Approach to Efficiency🤔⏬️
One of Musk’s primary concerns is the outdated state of the federal government’s IT systems. He argues these inefficiencies lead to issues like fraudulent payments and failed audits, which exacerbate fiscal mismanagement. Musk offered to act as a Volunteer IT Consultant, suggesting that modernizing technology could drastically improve the federal government’s operational efficiency.
He also criticized the lack of transparency regarding tax dollar allocation, calling it "insane." By addressing these gaps, Musk believes the government can regain control over its spending, directly impacting inflationary pressures.
⏬️Implications for Markets and Dogecoin⚖️
The creation of D.O.G.E. and Musk’s active involvement have sparked renewed interest in Dogecoin, the cryptocurrency whose ticker shares the department’s acronym. Known for his playful engagement with the crypto market, Musk’s recent references to Dogecoin, including calling himself the “Doge Father,” have fueled speculation and driven a rally in DOGE prices.
Optimism Among Investors😇
Musk’s alignment with Donald Trump’s administration has bolstered optimism among market watchers. The department’s dual focus on reducing federal spending and addressing inflation could provide a much-needed confidence boost for investors.let me your thought in the Comment 👇#BTC #Binance #DOGE #ETH #P2P
$DOGE
$BTC
In a recent move that has caught significant attention, tech magnate Elon Musk has suggested that the Department of Government Efficiency (D.O.G.E.), a newly formed entity under Donald Trump's administration, could be the solution to curbing U.S. inflation. Musk, appointed alongside entrepreneur Vivek Ramaswamy to lead this initiative, outlined bold steps to address the economic pressures impacting global markets.
⏬️The Roots of Inflation📍
Musk’s remarks pinpoint “government overspending” as the primary driver of inflation. He believes that stopping unnecessary federal expenditures could eliminate inflation altogether. This stance aligns with the department’s overarching goal of improving the government’s fiscal efficiency.
The U.S. inflation rate has consistently exceeded the Federal Reserve’s 2% target, leading to increased uncertainty for investors. Despite the central bank cutting policy rates twice this year, concerns linger. Musk's comments come at a pivotal moment, with the latest Consumer Price Index (CPI) data expected soon.
⏬️⏬️Musk’s Approach to Efficiency🤔⏬️
One of Musk’s primary concerns is the outdated state of the federal government’s IT systems. He argues these inefficiencies lead to issues like fraudulent payments and failed audits, which exacerbate fiscal mismanagement. Musk offered to act as a Volunteer IT Consultant, suggesting that modernizing technology could drastically improve the federal government’s operational efficiency.
He also criticized the lack of transparency regarding tax dollar allocation, calling it "insane." By addressing these gaps, Musk believes the government can regain control over its spending, directly impacting inflationary pressures.
⏬️Implications for Markets and Dogecoin⚖️
The creation of D.O.G.E. and Musk’s active involvement have sparked renewed interest in Dogecoin, the cryptocurrency whose ticker shares the department’s acronym. Known for his playful engagement with the crypto market, Musk’s recent references to Dogecoin, including calling himself the “Doge Father,” have fueled speculation and driven a rally in DOGE prices.
Optimism Among Investors😇
Musk’s alignment with Donald Trump’s administration has bolstered optimism among market watchers. The department’s dual focus on reducing federal spending and addressing inflation could provide a much-needed confidence boost for investors.let me your thought in the Comment 👇#BTC #Binance #DOGE #ETH #P2P
$DOGE
$BTC
#LocalBitcoins , one of the first #P2P #cryptocurrency platforms, is shutting down his operations after more than ten years of serving its users.
#Binance #AtomicSwap #crypto2023
An atomic swap is a #P2P exchange of cryptocurrencies without the need for a trusted intermediary or centralized exchange. It allows two parties to trade different cryptocurrencies without the risk of fraud or counterparty risk
An atomic swap is a #P2P exchange of cryptocurrencies without the need for a trusted intermediary or centralized exchange. It allows two parties to trade different cryptocurrencies without the risk of fraud or counterparty risk
We are active in the weekly trivia 🎉🚀
We are waiting for you to talk about P2P at:
TG:
t.me/BinanceSpanish
#Binance #Binance10M
#P2P
We are waiting for you to talk about P2P at:
TG:
t.me/BinanceSpanish
#Binance #Binance10M
#P2P
Zigzag has announced #Airdrop
ZigZag is a decentralised #P2P order book exchange that uses #ZK-Rollups for optimal security and scalability.
What to do:
- check eligibility (https://docs.zigzag.exchange/zigzag-exchange/airdrops)
- wait for announcements
ZigZag is a decentralised #P2P order book exchange that uses #ZK-Rollups for optimal security and scalability.
What to do:
- check eligibility (https://docs.zigzag.exchange/zigzag-exchange/airdrops)
- wait for announcements
🛑Please use P2P transactions for exchange between crypto and fiat.🛑
This is a personal description from a user: "I have this problem, I transfer to this account through Binace pay and this is my mistake when forgot to do order on P2P. Cause this is my usually seller of mine so I trust to transfer first but now he didn't transfer back and cannot contact. I have all prove that I transferred and chat log with him."
In the world of crypto currency, all transactions need to be cautious. Stay safu! 🙏
#StaySAFU #P2P #Write2earn
This is a personal description from a user: "I have this problem, I transfer to this account through Binace pay and this is my mistake when forgot to do order on P2P. Cause this is my usually seller of mine so I trust to transfer first but now he didn't transfer back and cannot contact. I have all prove that I transferred and chat log with him."
In the world of crypto currency, all transactions need to be cautious. Stay safu! 🙏
#StaySAFU #P2P #Write2earn
🚀 Attention Nigerian Traders! 🇳🇬
Are you eagerly waiting for Binance to reopen its P2P trading to Nigerian traders? 🤔 Well, you're not alone! Many of us are eagerly anticipating the return of this incredible platform that has revolutionized the way we trade crypto.
The suspense is palpable, the anticipation is real, but the question remains: When will Binance open back its P2P to Nigerian traders? 💼💰
Let's keep the conversation going! Share your thoughts, insights, and predictions in the comments below. Together, let's navigate the crypto landscape and unlock new opportunities! 🌟 #Binance #P2P #NigerianTraders #CryptoTrading #WriteToEarn
Are you eagerly waiting for Binance to reopen its P2P trading to Nigerian traders? 🤔 Well, you're not alone! Many of us are eagerly anticipating the return of this incredible platform that has revolutionized the way we trade crypto.
The suspense is palpable, the anticipation is real, but the question remains: When will Binance open back its P2P to Nigerian traders? 💼💰
Let's keep the conversation going! Share your thoughts, insights, and predictions in the comments below. Together, let's navigate the crypto landscape and unlock new opportunities! 🌟 #Binance #P2P #NigerianTraders #CryptoTrading #WriteToEarn
🚀🚀🚀 This #shibaInu Rival will match the Market cap of SHIB in 2024, reckon experts 🚀🚀🚀
In the dynamic cryptocurrency landscape, Shiba Inu (SHIB) gained immense popularity as a meme coin, driven by community engagement and speculation. However, emerging as a potential rival is Retik Finance (RETIK), a #DEFI platform set to launch officially in 2024. Unlike SHIB, RETIK focuses on utility, offering a suite of services such as DeFi debit cards, secure wallets, AI-powered #P2P lending, and the innovative payment gateway Retik Pay.
Key Contrasts:
1. Market Cap and Growth: SHIB's meteoric growth relies on hype, while RETIK's potential growth is utility-driven, suggesting a more sustainable trajectory.
2. Utility and Real-World Application: SHIB lacks real-world utility, while RETIK emphasizes practical financial solutions, potentially giving it a market cap edge.
3. Community vs. Ecosystem: SHIB relies on its community, while RETIK is building a comprehensive ecosystem beyond community-driven value.
Retik Finance's Strategy:
1. Broadening DeFi Accessibility: Making DeFi more user-friendly to tap into a larger market.
2. Innovative Solutions: Introducing AI in P2P lending and DeFi debit cards to attract diverse users.
3. Building Trust and Reliability: Addressing security and transparency issues to establish user trust.
Future Outlook:
As 2024 approaches, the crypto market evolves with DeFi gaining prominence. RETIK's focus on utility and innovation positions it well in this trend. While SHIB may remain popular, platforms like RETIK, offering more than speculative value, could challenge its market cap.
Conclusion:
Retik Finance's potential to match SHIB's market cap signals a shift from meme-driven tokens to utility-based platforms. As investors seek sustainable growth and practical solutions, RETIK represents the future of crypto investment, ushering in a new era in digital finance.
#CryptoNews🔒📰🚫 #BinanceSquareTalks $SHIB
In the dynamic cryptocurrency landscape, Shiba Inu (SHIB) gained immense popularity as a meme coin, driven by community engagement and speculation. However, emerging as a potential rival is Retik Finance (RETIK), a #DEFI platform set to launch officially in 2024. Unlike SHIB, RETIK focuses on utility, offering a suite of services such as DeFi debit cards, secure wallets, AI-powered #P2P lending, and the innovative payment gateway Retik Pay.
Key Contrasts:
1. Market Cap and Growth: SHIB's meteoric growth relies on hype, while RETIK's potential growth is utility-driven, suggesting a more sustainable trajectory.
2. Utility and Real-World Application: SHIB lacks real-world utility, while RETIK emphasizes practical financial solutions, potentially giving it a market cap edge.
3. Community vs. Ecosystem: SHIB relies on its community, while RETIK is building a comprehensive ecosystem beyond community-driven value.
Retik Finance's Strategy:
1. Broadening DeFi Accessibility: Making DeFi more user-friendly to tap into a larger market.
2. Innovative Solutions: Introducing AI in P2P lending and DeFi debit cards to attract diverse users.
3. Building Trust and Reliability: Addressing security and transparency issues to establish user trust.
Future Outlook:
As 2024 approaches, the crypto market evolves with DeFi gaining prominence. RETIK's focus on utility and innovation positions it well in this trend. While SHIB may remain popular, platforms like RETIK, offering more than speculative value, could challenge its market cap.
Conclusion:
Retik Finance's potential to match SHIB's market cap signals a shift from meme-driven tokens to utility-based platforms. As investors seek sustainable growth and practical solutions, RETIK represents the future of crypto investment, ushering in a new era in digital finance.
#CryptoNews🔒📰🚫 #BinanceSquareTalks $SHIB
How to be safe on Binance P2P and avoid getting burned
How to be safe on Binance P2P and avoid getting burned
Binance P2P is like Tinder for crypto, but without the awkward dates and ghosting. However, just like any online marketplace, Binance P2P also has its fair share of scammers and fraudsters who want to take advantage of you. Here are some tips on how to be safe on Binance P2P and avoid getting burned:
Verify your identity and enable security features. Before you swipe right on a trade, you need to complete the identity verification process and enable two-factor authentication (2FA) on your account. This will help protect your account from hackers and impostors .
Choose reputable traders and check their ratings. Binance P2P provides a rating system that shows the feedback and reputation of each trader based on their completed orders, response time, and dispute rate. You can also see their trade volume, number of orders, and verification status. Choose traders with high ratings, large trade volumes, and verified identities to reduce the risk of catfishing .
Communicate with the trader and confirm the payment details. Before you start a trade, you can chat with the trader using the built-in messaging system on Binance P2P. You can ask them any questions you have about the trade and confirm the payment details, such as the amount, currency, account number, and reference code. Do not share any sensitive information or personal details outside of the chat .
Use the escrow service and release the crypto only after receiving the payment. When you start a trade, the crypto amount will be locked in an escrow service provided by Binance P2P until the trade is completed or canceled. This ensures that neither party can run away with the funds. You should only release the crypto from the escrow after you have received and confirmed the payment from the buyer. Do not release the crypto based on screenshots, promises, or threats .
Report any suspicious or fraudulent activity to Binance P2P support. If you encounter any problems or disputes during a trade, you can contact Binance P2P support for assistance. You can also report any suspicious or fraudulent activity, such as fake profiles, phishing links, or blackmail attempts, to Binance P2P support or via email at p2p@binance.com .
By following these tips, you can enjoy a safe and smooth trading experience on Binance P2P. Happy trading! Please follow me for more of these tips
#feedfeverchallenge
#BinanceTournament
#P2P
#Beginners
#scams
Binance P2P is like Tinder for crypto, but without the awkward dates and ghosting. However, just like any online marketplace, Binance P2P also has its fair share of scammers and fraudsters who want to take advantage of you. Here are some tips on how to be safe on Binance P2P and avoid getting burned:
Verify your identity and enable security features. Before you swipe right on a trade, you need to complete the identity verification process and enable two-factor authentication (2FA) on your account. This will help protect your account from hackers and impostors .
Choose reputable traders and check their ratings. Binance P2P provides a rating system that shows the feedback and reputation of each trader based on their completed orders, response time, and dispute rate. You can also see their trade volume, number of orders, and verification status. Choose traders with high ratings, large trade volumes, and verified identities to reduce the risk of catfishing .
Communicate with the trader and confirm the payment details. Before you start a trade, you can chat with the trader using the built-in messaging system on Binance P2P. You can ask them any questions you have about the trade and confirm the payment details, such as the amount, currency, account number, and reference code. Do not share any sensitive information or personal details outside of the chat .
Use the escrow service and release the crypto only after receiving the payment. When you start a trade, the crypto amount will be locked in an escrow service provided by Binance P2P until the trade is completed or canceled. This ensures that neither party can run away with the funds. You should only release the crypto from the escrow after you have received and confirmed the payment from the buyer. Do not release the crypto based on screenshots, promises, or threats .
Report any suspicious or fraudulent activity to Binance P2P support. If you encounter any problems or disputes during a trade, you can contact Binance P2P support for assistance. You can also report any suspicious or fraudulent activity, such as fake profiles, phishing links, or blackmail attempts, to Binance P2P support or via email at p2p@binance.com .
By following these tips, you can enjoy a safe and smooth trading experience on Binance P2P. Happy trading! Please follow me for more of these tips
#feedfeverchallenge
#BinanceTournament
#P2P
#Beginners
#scams
🚨🚨 P2P SCAM MY BANK ACC. FREEZE 🚨🚨
So Some time ago i posted About a scam that aas
I placed a p2p order sell order In feb and recived money after some days i learned that my bank acc was put in debit freeze, Bank told me that It happened due to Me transacting with some fraud guy and Has been order cyver cell hyderabad ( India ) and all my money would only be unfreeze when i get Green signal from them .
Now update :-
I recieved call from bank that my account has been unfreezed , afterwards i learnt from News that the guy whom i transacted and who was fraud was caught by police and money was returned to righteous owners 🤧
although i forgotef that money but getting it back was nice
Have you faced any such incidents ( Comment )
Please like and share
#P2P
So Some time ago i posted About a scam that aas
I placed a p2p order sell order In feb and recived money after some days i learned that my bank acc was put in debit freeze, Bank told me that It happened due to Me transacting with some fraud guy and Has been order cyver cell hyderabad ( India ) and all my money would only be unfreeze when i get Green signal from them .
Now update :-
I recieved call from bank that my account has been unfreezed , afterwards i learnt from News that the guy whom i transacted and who was fraud was caught by police and money was returned to righteous owners 🤧
although i forgotef that money but getting it back was nice
Have you faced any such incidents ( Comment )
Please like and share
#P2P
🇳🇬 BREAKING: Nigeria drops money laundering charges against Binance exec Tigran Gambaryan, ending a six-month trial
The case against Tigran Gambaryan, head of financial crime compliance at Binance, was discontinued on the grounds of his ill health, according to people familiar with the court’s decision.
I hope #Binance P2P can list NGN/USD again.
#P2P
#TigranGambaryan
#BreakingCryptoNews
The case against Tigran Gambaryan, head of financial crime compliance at Binance, was discontinued on the grounds of his ill health, according to people familiar with the court’s decision.
I hope #Binance P2P can list NGN/USD again.
#P2P
#TigranGambaryan
#BreakingCryptoNews