#ElonMuskTalks Just in what's going on with #TRUMP and #Elo | Learn-with-Asif on Binance Square

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#ElonMuskTalks Just in
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#CryptoFees101 Crypto fees can vary depending on the type of transaction, platform, and cryptocurrency. Here's a breakdown: Types of Crypto Fees - *Transaction Fees*: Paid to miners or validators for processing transactions on the blockchain. - *Trading Fees*: Charged by exchanges for buying or selling cryptocurrencies. - *Withdrawal Fees*: Paid when transferring cryptocurrencies from an exchange to a personal wallet. Lowest Fee Crypto Exchanges - *Best Wallet*: No service or platform fees, with transaction fees depending on third-party providers. Supports 1,000+ tokens and 60+ blockchains. - *KCEX*: Zero fees for spot trading and withdrawals under $100. Supports 860+ tokens. - *MEXC*: Low fees for futures trading, with discounts for MX token holders. - *PrimeXBT*: Zero trading fees on CFDs for forex, indices, commodities, and shares. - *Binance*: Competitive fees with discounts for BNB token holders and high-volume traders. Fee Structures - *Maker-Taker Fees*: Makers (adding liquidity) often pay lower fees than takers (removing liquidity). - *Volume-Based Fees*: Fees decrease as trading volume increases. - *Token-Based Discounts*: Holding native tokens can reduce trading fees. Factors Affecting Fees - *Network Congestion*: High demand can increase transaction fees. - *Blockchain Type*: Different blockchains have varying fee structures. - *Exchange Policies*: Each exchange sets its own fee schedule.

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$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar, designed for fast, secure, and low-cost transactions. Here are some key pairs and details: USDC Pairs - *USDC/USDT*: $0.9997726790607315000 price, 0.01% spread, and $1,499,574,470 24h volume - *BTC/USDC*: $104,943 price, 0.01% spread, and $375,389,684 24h volume - *ETH/USDC*: $2,496.19 price, 0.01% spread, and $242,604,036 24h volume USDC Statistics - *Market Cap*: $61,103,180,529 - *24h Trading Volume*: $7,499,090,146 - *Circulating Supply*: 61,118,673,135 - *Current Price*: $0.9997

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#BigTechStablecoin Big tech companies are exploring stablecoin adoption to reduce transaction costs and improve cross-border payments. Here are some key players and developments. - *Apple*: Discussing stablecoin integration with Circle, the issuer of USDC, to modernize international transactions and lower processing fees across Apple Pay and the App Store. - *Google*: Evaluating stablecoins for efficient 24/7 payments and exploring blockchain settlement performance. Google Cloud has already facilitated stablecoin payments. - *Airbnb*: Considering stablecoin-based payments to reduce international transaction costs and improve host payouts. Airbnb has held discussions with Worldpay about technical feasibility. - *X (formerly Twitter)*: Advancing stablecoin strategy through the X Money app, potentially integrating blockchain payments with Stripe. - *Uber*: Exploring stablecoins for global transfers, aiming to streamline cross-border transactions. These companies are drawn to stablecoins due to their potential to: - *Reduce Transaction Fees*: Stablecoins can lower fees compared to traditional payment methods. - *Improve Cross-Border Payments*: Stablecoins enable faster and more efficient international transactions. - *Increase Transparency and Control*: Blockchain technology provides a transparent and secure way to track transactions. The GENIUS Act, a proposed bill in the US Senate, aims to provide a regulatory framework for stablecoins. However, there's debate about Big Tech's potential participation in the crypto industry, with some lawmakers suggesting that tech companies should not be allowed to issue their own stablecoins.

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#Eidmubarak to all bro and sisters. May all your dreams comes true and always stay Blessed. Have a wonderful blessed day.

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#mytradestrategy Although all coins are bleeding today but by the grace of Almight ALLAH my portfolio is green with Profit. Smart strategy with Patience always wins. $LINK $ACT

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