venezuelaneconomy
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The dark side of USDT in #venezuela : The cleverness of the locals
A few days ago, in a post where I talked about "offers" that were really not offers —or could be misleading— someone commented on the so-called cleverness of the locals.
And what is the cleverness of the locals?
In Venezuela, we often use that term to describe someone who takes advantage of another intentionally, seeking to gain an advantage without caring if it affects others.
That user said that, according to my explanation, identifying when an offer in USDT is not really an offer was an example of cleverness of the locals. Their argument was that if someone "took advantage" of the price, that already fell into that category.
But is that really cleverness of the locals?
I don’t think so.
Being informed, comparing prices, and choosing the most convenient option for you is not cleverness of the locals. That is simply being aware and responsible with your money.
However, there are indeed behaviors within the P2P world of USDT that fit perfectly with the definition of cleverness of the locals.
Here are five examples that —in my opinion— do qualify as such:
-Fake receipt
They show a fake capture or receipt so you release USDT without having received the real money.
-Payment reversal
They pay, you release, then they reverse or cancel the payment to keep your $USDT for free.
-Change of conditions
They post an attractive offer, but then change the amount, bank, or rules to take advantage.
-Recent account with a price that's "too good"
User without reputation offers a better price than everyone else to attract and scam.
-Pressure to operate outside Binance
They tell you "let's do it outside" to take away your protection and then disappear.
What do you think? What other behavior is indeed cleverness of the locals? #venezuela #P2PVenezuela #VenezuelanEconomy #usdtvenezuela
A few days ago, in a post where I talked about "offers" that were really not offers —or could be misleading— someone commented on the so-called cleverness of the locals.
And what is the cleverness of the locals?
In Venezuela, we often use that term to describe someone who takes advantage of another intentionally, seeking to gain an advantage without caring if it affects others.
That user said that, according to my explanation, identifying when an offer in USDT is not really an offer was an example of cleverness of the locals. Their argument was that if someone "took advantage" of the price, that already fell into that category.
But is that really cleverness of the locals?
I don’t think so.
Being informed, comparing prices, and choosing the most convenient option for you is not cleverness of the locals. That is simply being aware and responsible with your money.
However, there are indeed behaviors within the P2P world of USDT that fit perfectly with the definition of cleverness of the locals.
Here are five examples that —in my opinion— do qualify as such:
-Fake receipt
They show a fake capture or receipt so you release USDT without having received the real money.
-Payment reversal
They pay, you release, then they reverse or cancel the payment to keep your $USDT for free.
-Change of conditions
They post an attractive offer, but then change the amount, bank, or rules to take advantage.
-Recent account with a price that's "too good"
User without reputation offers a better price than everyone else to attract and scam.
-Pressure to operate outside Binance
They tell you "let's do it outside" to take away your protection and then disappear.
What do you think? What other behavior is indeed cleverness of the locals? #venezuela #P2PVenezuela #VenezuelanEconomy #usdtvenezuela
See original
The dark side of USDT in #venezuela : The cleverness of the locals
A few days ago, in a post where I talked about "offers" that were not really offers —or could be misleading— someone commented on the so-called cleverness of the locals.
What is the cleverness of the locals?
In Venezuela, we often use that term to describe someone who intentionally takes advantage of another, seeking to gain an edge regardless of whether it affects others.
That user said that, according to my explanation, identifying when an offer in USDT is not really an offer was an example of cleverness of the locals. Their argument was that if someone "took advantage" of the price, that already fell into that category.
But is that really cleverness of the locals?
I don’t think so.
Being informed, comparing prices, and choosing the most convenient option for you is not cleverness of the locals. That is simply being aware and responsible with your money.
However, there are indeed behaviors within the P2P world in USDT that perfectly fit the definition of cleverness of the locals.
Here are five examples that —in my opinion— do qualify as such:
-Fake receipt
They show a screenshot or invented receipt so that you release USDT without having received the real money.
-Payment reversal
They pay, you release, then they reverse or cancel the payment to keep your $USDT for free.
-Change of conditions
They post an attractive offer, but then change the amount, bank, or rules to take advantage.
-Recent account with a "too good to be true" price
User with no reputation offers a better price than everyone else to attract and scam.
-Pressure to operate outside Binance
They say "let's do it outside" to take away your protection and then disappear.
What do you think? What other behavior is cleverness of the locals? #venezuela #P2PVenezuela #VenezuelanEconomy #usdtvenezuela
A few days ago, in a post where I talked about "offers" that were not really offers —or could be misleading— someone commented on the so-called cleverness of the locals.
What is the cleverness of the locals?
In Venezuela, we often use that term to describe someone who intentionally takes advantage of another, seeking to gain an edge regardless of whether it affects others.
That user said that, according to my explanation, identifying when an offer in USDT is not really an offer was an example of cleverness of the locals. Their argument was that if someone "took advantage" of the price, that already fell into that category.
But is that really cleverness of the locals?
I don’t think so.
Being informed, comparing prices, and choosing the most convenient option for you is not cleverness of the locals. That is simply being aware and responsible with your money.
However, there are indeed behaviors within the P2P world in USDT that perfectly fit the definition of cleverness of the locals.
Here are five examples that —in my opinion— do qualify as such:
-Fake receipt
They show a screenshot or invented receipt so that you release USDT without having received the real money.
-Payment reversal
They pay, you release, then they reverse or cancel the payment to keep your $USDT for free.
-Change of conditions
They post an attractive offer, but then change the amount, bank, or rules to take advantage.
-Recent account with a "too good to be true" price
User with no reputation offers a better price than everyone else to attract and scam.
-Pressure to operate outside Binance
They say "let's do it outside" to take away your protection and then disappear.
What do you think? What other behavior is cleverness of the locals? #venezuela #P2PVenezuela #VenezuelanEconomy #usdtvenezuela
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Arbitrage #P2P with 0 experience on Binance: Can you really make money?
What is P2P arbitrage?
P2P arbitrage involves buying USDT (stable digital dollar) at a lower price and selling it at a higher price. The difference is your profit. It takes place within Binance, where two people exchange local currency for USDT with protection: Binance holds the funds until both parties complete the transaction.
Maker and Taker
The Maker posts an advertisement to buy or sell USDT defining the price, payment method, and conditions. They have more control and better margin.
The Taker accepts an existing advertisement; it's easier to start, but offers less profit.
How do you earn?
You buy USDT cheaply, then sell it at a higher price.
Example: you buy at 165 and sell at 167 → you earn 2 Bs per USDT. With 500 USDT, around 1,000 Bs.
Traders report earning between 0.2% and 5% daily. With 500 USDT, approximately 2.61 USD can be achieved per cycle, potentially adding up to around 26 USD if repeated 10 times (not guaranteed).
Basic requirements
To create advertisements (be a Maker) you must have at least 100 USDT.
You also need a local payment method and an identification document.
Essential security
The name of the payer must match the Binance account name. If Juan buys, Juan pays; no third parties. If it doesn’t match, do not release.
You can request a photo of the ID to confirm identity.
Never release without seeing the money in your bank account; screenshots are not valid.
Keep everything within the Binance chat; do not use WhatsApp or Telegram.
Step by step of arbitrage
You sell your USDT at a good price, receive local currency, then buy USDT cheaper. You end up with more USDT and repeat.
Conclusion
Yes, you can earn without experience. It does not require predicting markets, just buy cheap, sell higher, and apply security. It is an accessible way to start earning digital income.
#P2PVenezuela #venezuela #usdtvenezuela #VenezuelanEconomy
What is P2P arbitrage?
P2P arbitrage involves buying USDT (stable digital dollar) at a lower price and selling it at a higher price. The difference is your profit. It takes place within Binance, where two people exchange local currency for USDT with protection: Binance holds the funds until both parties complete the transaction.
Maker and Taker
The Maker posts an advertisement to buy or sell USDT defining the price, payment method, and conditions. They have more control and better margin.
The Taker accepts an existing advertisement; it's easier to start, but offers less profit.
How do you earn?
You buy USDT cheaply, then sell it at a higher price.
Example: you buy at 165 and sell at 167 → you earn 2 Bs per USDT. With 500 USDT, around 1,000 Bs.
Traders report earning between 0.2% and 5% daily. With 500 USDT, approximately 2.61 USD can be achieved per cycle, potentially adding up to around 26 USD if repeated 10 times (not guaranteed).
Basic requirements
To create advertisements (be a Maker) you must have at least 100 USDT.
You also need a local payment method and an identification document.
Essential security
The name of the payer must match the Binance account name. If Juan buys, Juan pays; no third parties. If it doesn’t match, do not release.
You can request a photo of the ID to confirm identity.
Never release without seeing the money in your bank account; screenshots are not valid.
Keep everything within the Binance chat; do not use WhatsApp or Telegram.
Step by step of arbitrage
You sell your USDT at a good price, receive local currency, then buy USDT cheaper. You end up with more USDT and repeat.
Conclusion
Yes, you can earn without experience. It does not require predicting markets, just buy cheap, sell higher, and apply security. It is an accessible way to start earning digital income.
#P2PVenezuela #venezuela #usdtvenezuela #VenezuelanEconomy
See original
P2P Arbitrage with 0 experience on Binance: Can you really make money?
What is P2P arbitrage?
P2P arbitrage is a simple way to generate income by buying an asset at a lower price and selling it at a higher price. The difference between the two prices is your profit.
In this case, that asset is USDT, a 'digital dollar' whose value remains very close to that of the US dollar. Its stability makes calculating profits much easier.
This arbitrage is conducted within Binance, a platform that allows the exchange of cryptocurrencies between people securely. This system is called P2P (peer to peer).
P2P arbitrage is a simple way to generate income by buying an asset at a lower price and selling it at a higher price. The difference between the two prices is your profit.
In this case, that asset is USDT, a 'digital dollar' whose value remains very close to that of the US dollar. Its stability makes calculating profits much easier.
This arbitrage is conducted within Binance, a platform that allows the exchange of cryptocurrencies between people securely. This system is called P2P (peer to peer).
See original
I love how the cost of USDT keeps rising, rising, and rising.
By December at least 800bs🚀🚀🚀
#VenezuelanEconomy
By December at least 800bs🚀🚀🚀
#VenezuelanEconomy
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hello people of #Binance ,#VenezuelanEconomy
I really enjoy being able to use everything they offer, although I am new to this world of crypto and finance, I know I can go far with patience and time thanks to all the tools they provide us. Who else thinks the same or differently? Having the possibility to save without being affected by inflation is very good, I just wish the prices in the p2p were a little less aggressive for Venezuelans and I know many would like that too. Is it not?
$BNB $ETH $SOL
I really enjoy being able to use everything they offer, although I am new to this world of crypto and finance, I know I can go far with patience and time thanks to all the tools they provide us. Who else thinks the same or differently? Having the possibility to save without being affected by inflation is very good, I just wish the prices in the p2p were a little less aggressive for Venezuelans and I know many would like that too. Is it not?
$BNB $ETH $SOL
My 30 Days' PNL
2025-09-02~2025-10-01
+$0.96
+0.00%
See original
The use of USDT has stabilized the Venezuelan market and generates indirect profits for banks
#VenezuelaCrypto #VenezuelanEconomy
Directly, traditional banks in Venezuela do not operate with USDT in the same way they would with currencies like the dollar or the euro. However, the adoption of cryptocurrencies, particularly stablecoins like USDT, is a reality in the country due to the citizens' need to safeguard value and conduct international transactions.
Although you will not find a direct option to "buy/sell USDT" on the website of a Venezuelan bank, the way users interact with USDT and the banking system is through cryptocurrency exchange platforms and P2P (peer-to-peer) platforms.
Directly, traditional banks in Venezuela do not operate with USDT in the same way they would with currencies like the dollar or the euro. However, the adoption of cryptocurrencies, particularly stablecoins like USDT, is a reality in the country due to the citizens' need to safeguard value and conduct international transactions.
Although you will not find a direct option to "buy/sell USDT" on the website of a Venezuelan bank, the way users interact with USDT and the banking system is through cryptocurrency exchange platforms and P2P (peer-to-peer) platforms.
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How to save in Venezuela even if you don't earn enough?
That is the real question. It's not theory: it's the daily life of millions.
Today, an average family of 4 needs between 900 and 1200 dollars monthly to cover the basics: food, transportation, and services. Just a food market can cost between 550 and 650 dollars (for adequate nutrition). However, the average monthly income ranges between 70 and 400 dollars. For many, it doesn't even cover half of the basket.
In cities like Caracas, Valencia, or Maracaibo, living can require between 300 and 550 dollars a month, depending on the area and the size of the household. That's why the vast majority can't make it to the end of the month. So, how to save when there is a shortage?
The key is to protect the value of what little you have. Keeping bolívares almost always means losing purchasing power. That's why it's advisable to convert to USDT as quickly as possible. And save whatever you can, whether it's 2, 3, or 5 dollars a week. The important thing is to do it consistently. The snowball strategy works: small repeated amounts grow over time.
A practical tip is to "hide" your savings to avoid spending it impulsively. You can do this with staking on Binance, locking your money and letting it grow little by little, and another option would be to convert it into other assets within Earn so you don't see it as available money.
In Venezuela, quick investments tend to be risky. The most sensible approach is to think long term: 5 to 10 years. Saving in crypto like in $USDT BTC or ETH consistently can provide stability, in addition to placing it in earn which would gradually increase it. It's not about getting rich overnight, but about building a foundation, an emergency fund, the car of tomorrow.
Another simple idea is to divide your income: 70% for living, 20% for saving, and 10% for learning or investing. Even if you earn very little, a plan helps to stay on track.
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
That is the real question. It's not theory: it's the daily life of millions.
Today, an average family of 4 needs between 900 and 1200 dollars monthly to cover the basics: food, transportation, and services. Just a food market can cost between 550 and 650 dollars (for adequate nutrition). However, the average monthly income ranges between 70 and 400 dollars. For many, it doesn't even cover half of the basket.
In cities like Caracas, Valencia, or Maracaibo, living can require between 300 and 550 dollars a month, depending on the area and the size of the household. That's why the vast majority can't make it to the end of the month. So, how to save when there is a shortage?
The key is to protect the value of what little you have. Keeping bolívares almost always means losing purchasing power. That's why it's advisable to convert to USDT as quickly as possible. And save whatever you can, whether it's 2, 3, or 5 dollars a week. The important thing is to do it consistently. The snowball strategy works: small repeated amounts grow over time.
A practical tip is to "hide" your savings to avoid spending it impulsively. You can do this with staking on Binance, locking your money and letting it grow little by little, and another option would be to convert it into other assets within Earn so you don't see it as available money.
In Venezuela, quick investments tend to be risky. The most sensible approach is to think long term: 5 to 10 years. Saving in crypto like in $USDT BTC or ETH consistently can provide stability, in addition to placing it in earn which would gradually increase it. It's not about getting rich overnight, but about building a foundation, an emergency fund, the car of tomorrow.
Another simple idea is to divide your income: 70% for living, 20% for saving, and 10% for learning or investing. Even if you earn very little, a plan helps to stay on track.
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
See original
Due to the exchange situation in Venezuela, many "OFFERS" have emerged in stores that say:
"If you pay in USDT, you pay less!"
👀 But... are you really paying less?
Sometimes not — and here I explain how to check it 👇
✅ How to know if it's better to pay in USDT or in bolívares
1️⃣ Calculate the price in bolívares according to the BCV rate
Example: $120 × BCV rate = 27,306.80 Bs (As of today 06/11/25)
2️⃣ Go to Binance P2P Express
Enter 27,306.80 Bs
→ See how many USDT you get with that amount
3️⃣ Compare the results
✅ If the store asks you for less USDT than what P2P indicates → it's a real offer
❌ If they ask you for more USDT → it's not worth it, pay in bolívares
💡 Golden rule:
Don't be fooled by the word "OFFER". Do the conversion and check if you are really paying less.
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
"If you pay in USDT, you pay less!"
👀 But... are you really paying less?
Sometimes not — and here I explain how to check it 👇
✅ How to know if it's better to pay in USDT or in bolívares
1️⃣ Calculate the price in bolívares according to the BCV rate
Example: $120 × BCV rate = 27,306.80 Bs (As of today 06/11/25)
2️⃣ Go to Binance P2P Express
Enter 27,306.80 Bs
→ See how many USDT you get with that amount
3️⃣ Compare the results
✅ If the store asks you for less USDT than what P2P indicates → it's a real offer
❌ If they ask you for more USDT → it's not worth it, pay in bolívares
💡 Golden rule:
Don't be fooled by the word "OFFER". Do the conversion and check if you are really paying less.
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
See original
The cost of USDT in Venezuela
It is evident that due to the crisis the country is going through in economic and political matters, this increase in the exchange market is observed as the lack of physical liquid currencies forces people to seek solutions
Do you think that the BCV should implement the sale of USDT on its portal ?
#VenezuelanEconomy #USDT🔥🔥🔥 #PoliticalNews #P2PTrading
It is evident that due to the crisis the country is going through in economic and political matters, this increase in the exchange market is observed as the lack of physical liquid currencies forces people to seek solutions
Do you think that the BCV should implement the sale of USDT on its portal ?
#VenezuelanEconomy #USDT🔥🔥🔥 #PoliticalNews #P2PTrading
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#venezuela Many new users are surely wondering what caused the market crash yesterday, October 10 in the afternoon. The most consistent and brief answer is that it was caused by the threat of massive tariffs from the United States.
Given Donald Trump's statements about the intention to impose or increase tariffs on Chinese products to very high levels. This, according to reports, is what may have caused the significant drop as cryptocurrencies, despite being an alternative asset, are very sensitive to global economic uncertainty.
And clearly, the vision of a new and major trade war between the two largest economies in the world (the United States and China) triggered a massive flight of capital from risk assets (Cryptocurrencies, stocks) to safe-haven assets (like gold), which caused chain liquidations.
There is also much talk that Binance and other exchanges did not allow buying or selling at the lowest points of this drop. What I have been able to see—note, not on official sites—is that there was a system overload due to panic selling and liquidations, and the crash was so sudden and violent that this extreme volume of transactions overloaded the platforms (Bitcoin fell more than 7%, Ethereum more than 11%).
That said, I would like to remind you that this has not been the first time that the crypto or stock market has suffered drops and corrections. It is our duty as traders to always remain calm, bet on stable coins with good futures, analyze well whether we want short-term, medium-term, or long-term gains, and trade based on those estimates. And if we are trading futures, do not leverage more than x10, as beyond that it is basically a gamble. Always use stop loss and use capital that we are willing to lose.
$PAXG
#VenezuelanEconomy
#caracasvenezuela
#nuevosenbinance
#caidacripto2025
Given Donald Trump's statements about the intention to impose or increase tariffs on Chinese products to very high levels. This, according to reports, is what may have caused the significant drop as cryptocurrencies, despite being an alternative asset, are very sensitive to global economic uncertainty.
And clearly, the vision of a new and major trade war between the two largest economies in the world (the United States and China) triggered a massive flight of capital from risk assets (Cryptocurrencies, stocks) to safe-haven assets (like gold), which caused chain liquidations.
There is also much talk that Binance and other exchanges did not allow buying or selling at the lowest points of this drop. What I have been able to see—note, not on official sites—is that there was a system overload due to panic selling and liquidations, and the crash was so sudden and violent that this extreme volume of transactions overloaded the platforms (Bitcoin fell more than 7%, Ethereum more than 11%).
That said, I would like to remind you that this has not been the first time that the crypto or stock market has suffered drops and corrections. It is our duty as traders to always remain calm, bet on stable coins with good futures, analyze well whether we want short-term, medium-term, or long-term gains, and trade based on those estimates. And if we are trading futures, do not leverage more than x10, as beyond that it is basically a gamble. Always use stop loss and use capital that we are willing to lose.
$PAXG
#VenezuelanEconomy
#caracasvenezuela
#nuevosenbinance
#caidacripto2025
See original
A recommendation to earn something of $USDT on Binance without any type of investment, only dedication and time contributed.
🇻🇪
#free10usdt #venezuela #VenezolanoEnCripto #VenezuelanEconomy #venezuelaunica $BTC $BNB
🇻🇪
#free10usdt #venezuela #VenezolanoEnCripto #VenezuelanEconomy #venezuelaunica $BTC $BNB
Eliza Ross
--
How to Earn $11.92 Daily on Binance Without Any Investment
Many people think you need a big investment to start earning from Binance, but that’s not true. With the right strategies and consistent effort, you can generate daily income without depositing a single dollar. In fact, by using built-in Binance features and community-driven opportunities, it’s possible to earn around $11.92 daily.
1. Binance Learn & Earn
Binance regularly launches Learn & Earn programs where you study short crypto lessons and pass quizzes to earn free tokens.
Rewards can range from $2 to $20 depending on the campaign.
Consistently participating can bring you $2–$4 daily on average.
Tip: Turn on notifications for new Learn & Earn events so you never miss out.
2. Binance Airdrops & Promotions
New tokens often partner with Binance to distribute free coins through airdrops and promotional tasks.
These rewards vary but can easily give $5–$15 per campaign.
Breaking this down across weeks, you can average $2–$3 daily.
Tip: Follow Binance’s announcements and join campaigns early to secure maximum allocations.
3. Referral Program
Binance’s referral system allows you to invite friends. You earn a commission every time they trade.
With just a few active referrals, it’s realistic to earn $3–$5 daily.
The more referrals you bring, the higher your daily income grows.
Tip: Share your referral link on social media or crypto communities to attract new users.
4. Binance Quests & Activities
Binance often runs daily tasks, trading competitions, and activity rewards. Even without investing, some quests only require simple actions like logging in, using the app, or completing quizzes.
Earnings: $1–$2 daily depending on availability.
5. Community Engagement (Write2Earn & Content Programs)
Binance Square and similar initiatives reward users for creating content, sharing insights, or engaging in discussions.
Active creators can make $5–$15 daily, with no capital required.
Consistent posting and quality content increase your ranking and rewards.
📊 Income Breakdown Example
Learn & Earn: $3.00
Airdrops/Promotions: $2.50
Referrals: $4.00
Quests & Engagement: $2.42
Total Daily Potential = $11.92
✅ Final Thoughts
Earning on Binance without investment is 100% possible if you leverage the right opportunities. Consistency is key—combine educational rewards, referral income, airdrops, and community programs, and you can comfortably reach $11.92 daily or more.
Start small, stay consistent, and grow your passive crypto earnings while learning valuable skills along the way. 🚀
#Binance #USDC #MarketPullback #BinanceSquareFamily #BinanceEarnings
1. Binance Learn & Earn
Binance regularly launches Learn & Earn programs where you study short crypto lessons and pass quizzes to earn free tokens.
Rewards can range from $2 to $20 depending on the campaign.
Consistently participating can bring you $2–$4 daily on average.
Tip: Turn on notifications for new Learn & Earn events so you never miss out.
2. Binance Airdrops & Promotions
New tokens often partner with Binance to distribute free coins through airdrops and promotional tasks.
These rewards vary but can easily give $5–$15 per campaign.
Breaking this down across weeks, you can average $2–$3 daily.
Tip: Follow Binance’s announcements and join campaigns early to secure maximum allocations.
3. Referral Program
Binance’s referral system allows you to invite friends. You earn a commission every time they trade.
With just a few active referrals, it’s realistic to earn $3–$5 daily.
The more referrals you bring, the higher your daily income grows.
Tip: Share your referral link on social media or crypto communities to attract new users.
4. Binance Quests & Activities
Binance often runs daily tasks, trading competitions, and activity rewards. Even without investing, some quests only require simple actions like logging in, using the app, or completing quizzes.
Earnings: $1–$2 daily depending on availability.
5. Community Engagement (Write2Earn & Content Programs)
Binance Square and similar initiatives reward users for creating content, sharing insights, or engaging in discussions.
Active creators can make $5–$15 daily, with no capital required.
Consistent posting and quality content increase your ranking and rewards.
📊 Income Breakdown Example
Learn & Earn: $3.00
Airdrops/Promotions: $2.50
Referrals: $4.00
Quests & Engagement: $2.42
Total Daily Potential = $11.92
✅ Final Thoughts
Earning on Binance without investment is 100% possible if you leverage the right opportunities. Consistency is key—combine educational rewards, referral income, airdrops, and community programs, and you can comfortably reach $11.92 daily or more.
Start small, stay consistent, and grow your passive crypto earnings while learning valuable skills along the way. 🚀
#Binance #USDC #MarketPullback #BinanceSquareFamily #BinanceEarnings
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Banking network on blockchain in Venezuela? A project with lights… and shadows
Local media report that the Venezuelan banking system is studying an interbank network on blockchain. The company in charge: Conexus, operator of the “switch” and a key part in the success of Pago Móvil. The company would have acknowledged exploratory work, although without an official date or public details.
Why now?
The use of USDT has become commonplace to protect income against volatility. Integrating it into the banking system could, in theory, facilitate payments, provide more security, and reduce friction between banks.
However, there is a sensitive point.
In these systems (tokenized network), each operation leaves a structured trace. This would imply expanded traceability of the economic activity of individuals and businesses: a practically complete and exposed history of how much, where, and what you spend on. What do you think?
Conexus has executed useful infrastructure (Pago Móvil), but the context is different:
• Strong migration towards stablecoins
• Limited access to official information
• History of opaque projects (Petro)
Such a network could bring benefits —faster payments, interoperability, greater formality—, but it also raises doubts:
• Who will govern the network?
• How will the assets be safeguarded?
• What independent controls will exist?
For now, there are more questions than answers.
The key is not whether the technology works, but for whom and what will ultimately work.
(Informative content. Not a recommendation.)
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
Local media report that the Venezuelan banking system is studying an interbank network on blockchain. The company in charge: Conexus, operator of the “switch” and a key part in the success of Pago Móvil. The company would have acknowledged exploratory work, although without an official date or public details.
Why now?
The use of USDT has become commonplace to protect income against volatility. Integrating it into the banking system could, in theory, facilitate payments, provide more security, and reduce friction between banks.
However, there is a sensitive point.
In these systems (tokenized network), each operation leaves a structured trace. This would imply expanded traceability of the economic activity of individuals and businesses: a practically complete and exposed history of how much, where, and what you spend on. What do you think?
Conexus has executed useful infrastructure (Pago Móvil), but the context is different:
• Strong migration towards stablecoins
• Limited access to official information
• History of opaque projects (Petro)
Such a network could bring benefits —faster payments, interoperability, greater formality—, but it also raises doubts:
• Who will govern the network?
• How will the assets be safeguarded?
• What independent controls will exist?
For now, there are more questions than answers.
The key is not whether the technology works, but for whom and what will ultimately work.
(Informative content. Not a recommendation.)
#venezuela #P2PVenezuela #VenezuelanEconomy #VenezuelaEnUSDT
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Happy Sunday my Binance people!👋🏻
Well, here I show you how on Saturday and Sunday the P2P jump in Venezuela slows down a bit. The question is whether it will affect us later or benefit us? 🤷🏻♂️ #VenezuelanEconomy
Well, here I show you how on Saturday and Sunday the P2P jump in Venezuela slows down a bit. The question is whether it will affect us later or benefit us? 🤷🏻♂️ #VenezuelanEconomy
My 30 Days' PNL
2025-08-30~2025-09-28
+$1.13
+0.00%
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Two arrested for alleged manipulation of the official dollar through operations on Binance
The Ministry of Interior, Justice and Peace reported that the illegal operations generated millions in profits and affected the exchange rate of the bolívar
Two men identified as José David Silva Moreno and Francisco Rafael Valera Aristimuño were recently arrested for the alleged manipulation of the official dollar price through the use of digital platforms and automated tools.
#MarketRebound #venezuela #VenezuelanEconomy #P2PScam #P2P
$USDT $USDC $BTC
The Ministry of Interior, Justice and Peace reported that the illegal operations generated millions in profits and affected the exchange rate of the bolívar
Two men identified as José David Silva Moreno and Francisco Rafael Valera Aristimuño were recently arrested for the alleged manipulation of the official dollar price through the use of digital platforms and automated tools.
#MarketRebound #venezuela #VenezuelanEconomy #P2PScam #P2P
$USDT $USDC $BTC
Venezuela's Crypto U-Turn
In a significant development, Venezuela is set to relax its stance on dollar-backed cryptocurrencies, allowing their use in private sector exchanges. This marks a notable shift in the country's approach, offering a glimpse of hope amidst an economy battered by inflation and a struggling bolívar.
This shift could provide much-needed relief to Venezuela's tight financial markets, offering an alternative avenue for businesses and individuals to access hard currencies. The move recognizes the growing demand for dollar-pegged stablecoins and their potential to bypass stringent US sanctions, opening new avenues for economic interaction.
It's a quiet revolution, one that could stealthily transform Venezuela's financial landscape. By embracing crypto, the country takes a step towards financial decentralization, empowering its citizens to circumvent traditional financial intermediaries. The impact could be immense, offering stability and liquidity to a nation desperate for both.
As Venezuela embraces the potential of crypto, what are the implications for global adoption? Will we see a flood of new users entering the crypto realm, and what does it mean for the Web3 movement? These are exciting questions for the community to ponder.
#crypto #dollars #VenezuelanEconomy #Web3 #Stablecoins
$USDC
$XRP
$BTC
In a significant development, Venezuela is set to relax its stance on dollar-backed cryptocurrencies, allowing their use in private sector exchanges. This marks a notable shift in the country's approach, offering a glimpse of hope amidst an economy battered by inflation and a struggling bolívar.
This shift could provide much-needed relief to Venezuela's tight financial markets, offering an alternative avenue for businesses and individuals to access hard currencies. The move recognizes the growing demand for dollar-pegged stablecoins and their potential to bypass stringent US sanctions, opening new avenues for economic interaction.
It's a quiet revolution, one that could stealthily transform Venezuela's financial landscape. By embracing crypto, the country takes a step towards financial decentralization, empowering its citizens to circumvent traditional financial intermediaries. The impact could be immense, offering stability and liquidity to a nation desperate for both.
As Venezuela embraces the potential of crypto, what are the implications for global adoption? Will we see a flood of new users entering the crypto realm, and what does it mean for the Web3 movement? These are exciting questions for the community to ponder.
#crypto #dollars #VenezuelanEconomy #Web3 #Stablecoins
$USDC
$XRP
$BTC
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We started the weekend, do you think that before the end of the month it will reach 300bs per usdt
#USDT? #VenezuelanEconomy
#USDT? #VenezuelanEconomy
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Here we learn more every day🇻🇪🇻🇪
🇻🇪 I leave you a step-by-step guide to deposit your money in Binance Earn Flexible and start earning returns with your USDT. It is a simple, fast, and secure process.
🎉 Deposit USDT in your Spot Wallet: If you don't have USDT in your Binance account yet, you must deposit or buy them. You can use the "Buy Crypto" feature to acquire USDT directly with your local currency or transfer them from another platform to your Spot Wallet.
👍 Access the Binance Earn feature: From the main Binance page, look for the "Finance" section and click on "Binance Earn" or "Earn".
🔍 Search for the Flexible Savings product: In the Binance Earn menu, select the "Savings" option. Then, use the search bar or browse the list of currencies until you find "USDT".
🏦 Subscribe to Flexible Savings: Click on "Subscribe" next to the USDT option. This will take you to the details page, where you can see the estimated APY (Annual Percentage Yield).
👌 Confirm the subscription details: Enter the amount of USDT you wish to deposit. It is important to check the box "I have read and accept the Binance Savings Service Agreement" and then click on "Confirm".
Done! Your USDT are now in Flexible Savings and you will start earning returns automatically. You will be able to see your daily earnings in your savings wallet and withdraw your funds at any time without penalty.
Key Points to Remember:
Flexibility: You can withdraw your funds at any time, without fixed terms or penalties.
Security: Your assets are protected by Binance's Secure Asset Fund for Users (SAFU).
Daily interest: Interest accumulates and is distributed daily, so you will see your earnings reflected every day.
#VenezuelanEconomy #USDT #VenezuelaCrypto
🇻🇪 I leave you a step-by-step guide to deposit your money in Binance Earn Flexible and start earning returns with your USDT. It is a simple, fast, and secure process.
🎉 Deposit USDT in your Spot Wallet: If you don't have USDT in your Binance account yet, you must deposit or buy them. You can use the "Buy Crypto" feature to acquire USDT directly with your local currency or transfer them from another platform to your Spot Wallet.
👍 Access the Binance Earn feature: From the main Binance page, look for the "Finance" section and click on "Binance Earn" or "Earn".
🔍 Search for the Flexible Savings product: In the Binance Earn menu, select the "Savings" option. Then, use the search bar or browse the list of currencies until you find "USDT".
🏦 Subscribe to Flexible Savings: Click on "Subscribe" next to the USDT option. This will take you to the details page, where you can see the estimated APY (Annual Percentage Yield).
👌 Confirm the subscription details: Enter the amount of USDT you wish to deposit. It is important to check the box "I have read and accept the Binance Savings Service Agreement" and then click on "Confirm".
Done! Your USDT are now in Flexible Savings and you will start earning returns automatically. You will be able to see your daily earnings in your savings wallet and withdraw your funds at any time without penalty.
Key Points to Remember:
Flexibility: You can withdraw your funds at any time, without fixed terms or penalties.
Security: Your assets are protected by Binance's Secure Asset Fund for Users (SAFU).
Daily interest: Interest accumulates and is distributed daily, so you will see your earnings reflected every day.
#VenezuelanEconomy #USDT #VenezuelaCrypto
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When there is no supply to meet the demand, it drives prices up; when there is a lack of availability in an economy where the dollars have been taken or due to other causes, the lack of supply to meet the demand continues. It will keep rising... and when a stable currency is exchanged for another devalued currency without momentary backing, it is a high risk... for example, I sell USDT or USDC for devalued bolívares. What do I do with those bolívares that devalue every day? Surely, as days pass, they lose their value... I bought USDT on 27/12/2024 for 35 bsf...#MarketPullback #VenezuelanEconomy $USDT
$USDT What do you think about a USDT being worth twice its value? That is to say, to buy 1 USDT you have to pay double what it costs; if you are going to buy 10 USDT you must pay 20 $. I don't think it's supply and demand because there are billions of USDT available and everyone has access to it. This is more local speculation than anything else. Unfortunately, I will no longer be able to trade for a while since it really isn't worth it.
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