Fiat
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Central bank digital currencies: What they are and how they will transform your financial life
After decades of financial evolution, physical money is becoming less of a central issue. With technological advancements, the world's central banks are investing in a new generation of money: CBDCs, or central bank digital currencies.
We're not talking about cryptocurrencies like Bitcoin or Ethereum. CBDCs are something else: a digital extension of national currencies, designed to be secure, stable, and fully integrated into the traditional financial system. And if it still seems like a distant concept, it's worth knowing that countries like Brazil, China, Sweden, Colombia, and Mexico already have quite advanced projects.
We're not talking about cryptocurrencies like Bitcoin or Ethereum. CBDCs are something else: a digital extension of national currencies, designed to be secure, stable, and fully integrated into the traditional financial system. And if it still seems like a distant concept, it's worth knowing that countries like Brazil, China, Sweden, Colombia, and Mexico already have quite advanced projects.
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hello does anyone know how to solve this problem? I have been like this for days and it hasn't let me withdraw anything #fiat
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Drex: the digital real is coming - what changes for Brazilians in 2025?
The Brazilian financial system is about to undergo a new revolution. After the success of Pix, the Central Bank is preparing to launch Drex — the digital version of the real, which is expected to reach the public between late 2025 and early 2026. But after all, what is Drex, how does it work, and what changes for the average citizen?
More than just a simple digital currency, Drex promises to transform the way we interact with money, focusing on security, inclusion, and innovation. Let's understand what is coming.
More than just a simple digital currency, Drex promises to transform the way we interact with money, focusing on security, inclusion, and innovation. Let's understand what is coming.
OdtCop:
Agora sim o governo terá controle total sobre o brasileiro.
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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'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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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
--
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 compared to digital fiat money is freedom compared to a serfdom regime
Bitcoin, as a decentralized and censorship-resistant currency, protects financial sovereignty from the monetary subjugation of CBDCs and stablecoins, while also resisting the failures of financial institutions.
Opinion by: Simon Cain, contributor at Bitcoin Policy UK
Most jurisdictions globally are researching, developing, or deploying retail central bank digital currencies (CBDCs). If you view these as harmless digital updates in line with old-school paper money, think again. CBDCs have the potential to mean financial serfdom through a panoramic monetary world where authorities tightly control every transaction.
If you think this sounds paranoid, consider the words of Augustin Carstens, head of the Bank for International Settlements—the central bank for central banks around the world. Complaining that governments currently cannot control cash transactions, he stated that with CBDCs, "a central bank would have absolute control over the rules and regulations that will determine the use... we would also have the technology to enforce that.. that makes a huge difference to what cash is."
How “absolute control” could work
CBDCs could be programmed so that you can only buy certain things from certain people, at certain times, on specific days, or only at approved locations.#fiat
Bitcoin, as a decentralized and censorship-resistant currency, protects financial sovereignty from the monetary subjugation of CBDCs and stablecoins, while also resisting the failures of financial institutions.
Opinion by: Simon Cain, contributor at Bitcoin Policy UK
Most jurisdictions globally are researching, developing, or deploying retail central bank digital currencies (CBDCs). If you view these as harmless digital updates in line with old-school paper money, think again. CBDCs have the potential to mean financial serfdom through a panoramic monetary world where authorities tightly control every transaction.
If you think this sounds paranoid, consider the words of Augustin Carstens, head of the Bank for International Settlements—the central bank for central banks around the world. Complaining that governments currently cannot control cash transactions, he stated that with CBDCs, "a central bank would have absolute control over the rules and regulations that will determine the use... we would also have the technology to enforce that.. that makes a huge difference to what cash is."
How “absolute control” could work
CBDCs could be programmed so that you can only buy certain things from certain people, at certain times, on specific days, or only at approved locations.#fiat
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Binance updates its fiat liquidity provider program (03/24/2025)
Binance will update its Fiat Liquidity Provider Program on 03/24/2025 at 00:00 (UTC).
Key updates
A new rating level will be added to the EUR markets in Binance's Fiat Liquidity Provider Program. Starting from 03/24/2025 at 00:00 (UTC), these markets will move from having one level to having two in the Fiat Liquidity Provider Program.
Binance will also update the rebate rate for the maker fee of the EUR markets in Binance's fiat liquidity provider program.
Level 1 requires a maker volume percentage of 0.5% and level 2 requires 1.0%.
The maker fee rebate rate is -0.005% for level 1 and -0.010% for level 2.
The rating review of the new levels will come into effect on March 24, 2025, at 00:00 (UTC). Liquidity providers will be evaluated weekly according to the new performance assessment mechanism.
Maker fee rebates will be updated weekly starting from April 1, 2025, at 00:00 (UTC). They will be distributed to liquidity providers based on their performance in spot trading from the previous week in selected fiat markets.
Mechanism of the Fiat Liquidity Provider Program
Calculations
[User's Weekly Spot Maker Volume (%) relative to Binance's total Spot Maker Volume in each fiat market] = [Weekly Spot Maker Volume of each liquidity provider account in each fiat market] / [Weekly Maker Volume in each fiat market on Binance Spot]
#Binance #liquidez #fiat #USDT #BinanceSpot
$EUR
@Binance News @Binance España @Binance Customer Support @Binance Square Official @Binance Spot @Binance Announcement @Binance Search @Binance LATAM Official
Binance will update its Fiat Liquidity Provider Program on 03/24/2025 at 00:00 (UTC).
Key updates
A new rating level will be added to the EUR markets in Binance's Fiat Liquidity Provider Program. Starting from 03/24/2025 at 00:00 (UTC), these markets will move from having one level to having two in the Fiat Liquidity Provider Program.
Binance will also update the rebate rate for the maker fee of the EUR markets in Binance's fiat liquidity provider program.
Level 1 requires a maker volume percentage of 0.5% and level 2 requires 1.0%.
The maker fee rebate rate is -0.005% for level 1 and -0.010% for level 2.
The rating review of the new levels will come into effect on March 24, 2025, at 00:00 (UTC). Liquidity providers will be evaluated weekly according to the new performance assessment mechanism.
Maker fee rebates will be updated weekly starting from April 1, 2025, at 00:00 (UTC). They will be distributed to liquidity providers based on their performance in spot trading from the previous week in selected fiat markets.
Mechanism of the Fiat Liquidity Provider Program
Calculations
[User's Weekly Spot Maker Volume (%) relative to Binance's total Spot Maker Volume in each fiat market] = [Weekly Spot Maker Volume of each liquidity provider account in each fiat market] / [Weekly Maker Volume in each fiat market on Binance Spot]
#Binance #liquidez #fiat #USDT #BinanceSpot
$EUR
@Binance News @Binance España @Binance Customer Support @Binance Square Official @Binance Spot @Binance Announcement @Binance Search @Binance LATAM Official
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From Worldcoin to Nequi in Colombia: Step-by-Step Guide to Withdraw Your Money with the World App 💸🚀🇨🇴
$WLD
To use the new withdrawal method from World App to Nequi in Colombia, it is necessary to follow a process that integrates cryptocurrency conversion (Worldcoin, WLD) to Colombian pesos (COP) and subsequent transfer to your Nequi account. Below, I explain the detailed steps based on the available information:
---
### 1. Verify and set up your account in World App
- Download the app: Make sure to have the World App installed (available on Google Play Store or Apple App Store).
To use the new withdrawal method from World App to Nequi in Colombia, it is necessary to follow a process that integrates cryptocurrency conversion (Worldcoin, WLD) to Colombian pesos (COP) and subsequent transfer to your Nequi account. Below, I explain the detailed steps based on the available information:
---
### 1. Verify and set up your account in World App
- Download the app: Make sure to have the World App installed (available on Google Play Store or Apple App Store).
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it was easy to discover the word I didn't know what it was at first But then I got the hang of it #fiat was the word
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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