Binance has added new fiat partners to provide Euro (EUR) services to users in Europe.
Users have already begun to be migrated to these services and some of them may already be visible in the account. The fiat services offered by these new fiat partners to users include: ⢠Deposit and withdrawal of Euros (EUR) through Open Banking and SEPA/SEPA Instant ⢠Buy and sell cryptocurrencies through SEPA/SEPA Instant ⢠Buy and sell cryptocurrencies with bank cards ⢠Buy and sell crypto with balances in fiat ⢠Spot pairs in Euro (EUR) for all users
What do you need to do?
⢠If you already have access to these services, you don't need to do anything else. ⢠If you do not have access to these fiat services and you have a balance in Euros (EUR) on Binance through our old fiat partner (Paysafe) you will need to completely reduce your existing balance before we can migrate your account to our new partners. You can do so by converting your Euros (EUR) to cryptocurrencies at this link before October 31, 2023, or by withdrawing your balance to your bank account. ⢠For Paysafe users (old partner) with a balance less than 5 Euros (EUR), we will automatically convert the remaining EUR balance to USDT on October 24, 2023 at 8:00am UTC+0 due to the minimum withdrawal limit of 5 EUR. Once we convert this EUR balance into USDT, you will now have access to our EUR services through our new partners.
If you have any questions or need further help, you can contact the Binance support team.
As you already know, Bitcoin ETFs were approved by the SEC yesterday.
To celebrate, from Binance Spain we are giving 25 USDT (TODAY ONLY!) to all our users for each referred user that you bring onto the platform and completes their first transaction š
To participate you just have to fill out this survey and share your link with all the possible users you know: šš»šš»šš» Encuesta ETFs
Decentralization is one of the essential properties of the blockchain technology that powers Web3. The fundamental design principle is that no one person or organization is in charge. The technology allows users to carry out transactions securely without having to rely on a third party to maintain trust. It also opens the door for smart contracts to automate these interactions and enable the creation of dApps that support a wide range of products, from decentralized finance (DeFi) services to gaming (GameFi) and more. BNB Chain is a distributed blockchain network over where developers and innovators can create dApps as part of the transition to Web3. At the time of writing (February 2023), BNB Chain is the largest smart contract blockchain in the world in terms of transaction volume and daily active users. On February 1, 2023, BNB Chain announced the release of the whitepaper of BNB Greenfield. In summary, BNB Greenfield offers a decentralized storage infrastructure within the broader BNB Chain ecosystem. The idea is to help users and dApps create, store and exchange data with full ownership over it and form a new data economy. How does BNB Greenfield work? BNB Greenfield is a storage-oriented blockchain that interacts with a decentralized network of storage providers (SP). Users upload their data with unique access and use permissions. SPs store that data off-chain with appropriate redundancy and backup while users' BNB ledger metadata is stored on the BNB Greenfield blockchain. Thanks to a native cross-chain bridge, all aspects of the stored data in the BNB Greenfield ecosystem can be easily transferred to BNB Smart Chain, where they can be used both in the existing ecosystem of BNB Chain dApps and with a new generation of BNB Greenfield dApps. These dApps can help users interact with the BNB Greenfield ecosystem or function as Web3 products that leverage available data. The ability to uniquely configure permissions for data in a native smart contract-enabled environment opens up a host of potential business models that will benefit users and other participants in BNB Greenfield. Potential Use Cases: Here are some of the the possibilities that BNB Greenfield can unlock to create a new wave of dApps.Web hosting. As BNB Greenfield provides several APIs and uses very similar concepts to Amazon S3, users can easily deploy their websites using BNB Greenfield and conveniently manage their payments with BNB.Personal cloud storage. With their private keys, users can create their own network drives using BNB Greenfield to upload and download their encrypted files, photos and videos using their desktop or mobile devices. Blockchain data storage. L1s contain dozens of terabytes of historical data, much of which is inactive. BNB Greenfield can be used to store this data to reduce L1 latency, improve data availability, and easily deliver idle data to L1 when needed. BNB Greenfield can also be used as a cheaper alternative to store Rollup L2 transaction data.Post. Authors can store their works on BNB Greenfield and reflect them on BNB Smart Chain, where they can sell them by granting read permissions to a buyer address after receiving payment.Social networks. BNB Greenfield provides the infrastructure for social media influencers and opinion leaders (KOLs) to own their own content and data. In exchange for a commission, dApps can use this data and share it with a public audience through a decentralized social network.Personal data market. This may be the most complicated problem to solve today: how to take control of your data, such as page views, registrations, clicks, behavioral data and much more, without allowing platforms (typically large centralized monopolies) to manage it independently. BNB Greenfield will allow apps to store your personal data encrypted in your own personal account and will only allow other apps to use it if you give them permission. Or better yet, if they pay a commission to make this use of your data. In conclusion: As can be seen from the list of use cases, the arrival of BNB Greenfield has the potential to open the floodgates to a whole new wave of models. innovative, transparent Web3 business solutions for dApps. Transparency and data ownership are the next step to unlock the full potential of Web3. BNB Greenfield will continue to develop this new frontier in partnership with the broader Web3 community to benefit the next generation of users. The release of the BNB Greenfield whitepaper this February 2023 is just the first step in this journey towards greater independence , ownership and opportunities for users, creators and the Web3 community at large.#bnbgreenfield #Binance #BNB #BTC #Web3
The Success of Binance: In the Footsteps of Changpeng Zhao in the World of Cryptocurrencies.
The world of cryptocurrencies has witnessed a meteoric rise over the past few decades, with a handful of key players playing a pivotal role in its evolution. Among these, Binance stands out as one of the most influential and successful cryptocurrency exchange platforms in the world. Founded in 2017 by Changpeng Zhao, better known as CZ, Binance has transformed the way people buy, sell and invest in digital assets. His story is a testament to the potential for innovation and vision in the cryptocurrency space. In this exploration, we will delve into the fascinating journey of Binance, from its humble beginnings to its current position as one of the undisputed leaders in this constantly evolving ecosystem. Here are the key points: The Founder - Changpeng Zhao (CZ): CZ is a Chinese-Canadian entrepreneur who began his career in the world of technology. He worked at companies such as Bloomberg and Blockchain.info before joining the cryptocurrency ecosystem. His vision of creating a highly efficient and accessible cryptocurrency exchange platform for users around the world was the driver behind Binance. The Binance Foundation: Binance was founded in China in 2017 and soon became one of the largest cryptocurrency exchanges in the world. It later moved its headquarters to Malta due to regulation. The platform stood out for its focus on speed and scalability, allowing for fast order execution and a wide variety of cryptocurrencies. Cryptocurrency Offering: Binance offers an extensive list of cryptocurrencies, from major ones like Bitcoin and Ethereum to lesser-known projects. This allows users to diversify their investments and explore new opportunities. The platform has also introduced newer and more promising token listings through its Binance Launchpad platform. Fees and Advantages: Binance stands out for its low trading fees compared to many other exchanges. This has attracted traders and contributed to its growth. Users who own Binance Coin (BNB) can benefit from even lower fees when using this cryptocurrency to pay for transactions. Security Measures: Binance has prioritized the security of its users . Most funds are stored in cold wallets, which are not connected to the Internet and are less vulnerable to attacks. Two-factor authentication (2FA) is a common feature that provides an additional layer of security. Additional Products and Services: Binance has diversified its services to include crypto debit cards, loans, staking, and participation in project financing through Binance Launchpad. These services provide users with a wider range of financial options within the cryptocurrency ecosystem. Cryptocurrency Binance Coin (BNB): BNB is Binance's native cryptocurrency. Users can use it to reduce trading fees on the platform, which has led to a significant increase in its adoption and utility. Binance has also periodically burned (destroyed) a portion of the BNB tokens in circulation, which has helped increase its scarcity.Binance's Role in the Crypto Ecosystem:Binance has been a major player in the growth and adoption of cryptocurrencies, supporting projects, providing liquidity and leading educational initiatives.The platform has become an influential player in the crypto community and has played an active role in the development of the ecosystem. Challenges and Future of Binance: Binance has faced regulatory challenges in different countries, which has led to adaptation and seeking compliance. Binance's future will involve continuing to address these challenges, expand its service offering and stay at the forefront of innovation in the crypto space. Each of these points highlights key aspects of Binance's success and evolution in the world of cryptocurrencies.#BinanceSuccess#CZandBinance#CryptoInnovation#BNBToken#bnbburn #Binance #BNB #bnbgreenfield $BNB $BTC
You will no longer be able to use your Binance card starting December 20, 2023
This is because the Binance Visa debit card program, issued by UAB "FinansinÄs paslaugos "Contis", part of the Solaris Group, will close in two months. Your Binance account will remain open and will not be affected by the closure of the Binance Visa Debit Card program.
Why will you no longer be able to use the Binance Visa Debit Card?
UAB āFinansinÄs paslaugos ,,Contisā will no longer be the issuer of the Binance Visa debit card program after the closing date.
What do you need to do?
On December 20, 2023, destroy your Binance Visa debit card by cutting it through the chip and magnetic stripe. You do not need to do anything else. You will not lose any fiat or crypto currencies from your Binance account, because this update only affects your Binance Visa debit card; Your Binance account will not be closed or affected.
Refunds, disputes and complaints will continue to be processed as usual until the Binance Visa Debit Card program is closed and for the mandatory period thereafter. We will share more information about the process for refunds, disputes and complaints with you closer to the time.
When the date arrives, users will still be able to purchase with cryptocurrencies and send cryptocurrencies using Binance Pay, a secure, borderless and contactless cryptocurrency payment technology designed by Binance, at merchants that accept it.
If you have any questions, please contact our customer service (24 hours).
Binance Expands Financial Freedom for European Users with New EUR Fiat Currency Partnerships!!! š„š„š„š„š„š„š„š„ #sepa #Binance #fiat #eur #BTC
The fiat currency services offered by these new partners to our users include:
Deposit and withdrawal in EUR through Open Banking and SEPA/SEPA Instant.
Buy and sell cryptocurrencies via SEPA/SEPA Instant.
Buying and selling cryptocurrencies with bank cards.
Buying and selling cryptocurrencies with balances in fiat currency.
Beginner's Guide: How to Start Investing in Cryptocurrencies on Binance
Cryptocurrencies have gained a prominent place in the financial world and attract the attention of investors around the world. Binance, one of the leading cryptocurrency exchange platforms, has made it easy to access this exciting market for beginners and experienced investors alike. To start investing in Binance, follow these steps: Registration and Verification: The first step is to register on Binance providing an email address and a secure password. You will then need to complete the identity verification (KYC) process by providing personal information and documentation to comply with regulations. Security: It is essential to activate two-factor authentication (2FA) to protect your account from unauthorized access. Fund Deposits: Once your account is verified, you can deposit funds to Binance. You can do this via bank transfer, credit/debit card, or cryptocurrency transfer from another platform. Browsing and Exploring: Take the time to familiarize yourself with the Binance platform. Explore the different cryptocurrency markets available and learn how to navigate the interface. Performing Trades: Select a cryptocurrency you want to invest in and place a buy or sell order. You can choose between different types of orders, such as market, limit or stop orders.Analysis Tools:Use technical and fundamental analysis tools to make informed decisions. Binance provides real-time charts and data to help you in your decision making.Asset Management:A fundamental part of investing in cryptocurrencies is asset management. Use features like stop-loss and take-profit to limit losses and ensure profits. Withdrawal of Funds: When you want to withdraw your profits or funds, Binance allows you to make withdrawals easily. You can send cryptocurrency to your personal wallet or withdraw funds to your bank account.It is important to remember that investing in cryptocurrencies carries significant risks. Prices are volatile, and you may face losses. Before investing, research and understand the cryptocurrencies you are interested in and develop an investment strategy. Additionally, please stay up to date with local regulations and Binance policies, as regulations may vary. Investing in cryptocurrencies can be exciting, but it is also essential to maintain a balanced and prudent approach at all times.#Binance #bitcoin #BTC #DeFiChallenge #cryptocurrency
Protect your Cryptocurrencies: How to Stay Safe in the Digital Wild Westā¦
Protecting yourself from scams in the world of cryptocurrencies is essential due to the risks associated with this technology. Here are some steps you can take to reduce the risk of falling victim to scams: Education: Before getting involved in cryptocurrencies, invest time in educating yourself. Understand how cryptocurrencies work, blockchain technology, and the different types of scams that exist. Secure Wallet: Use a secure cryptocurrency wallet to store your assets. Hardware wallets are considered one of the most secure options, as they store your private keys offline. Strong Passwords and Two-Factor Authentication (2FA): Use strong passwords for your exchange and wallet accounts, and enable two-factor authentication. factors (2FA) whenever possible. This adds an extra layer of security. Research Exchanges: If you plan to use a cryptocurrency exchange, research their reputation and security. Use trusted and regulated platforms when possible.Avoid Too Good to Be True Deals: Be skeptical of promises of guaranteed profits or investment schemes that seem too good to be true. This is often a sign of a scam. Check URLs: Before entering sensitive information, make sure the website URL is legitimate and secure. Scammers often create fake websites that imitate legitimate ones. Beware of Phishing: Be wary of suspicious emails and links that could take you to phishing sites designed to steal your private keys. Keep Your Software Updated: Be sure to keep updated your wallet software and operating system. Updates often include important security patches. Don't Share Your Private Keys: Never share your private keys or recovery phrases with anyone. These are the key to access your cryptocurrencies.Use Trusted Sources of Information: Get cryptocurrency information and news from trusted sources. Don't be carried away by rumors or unverified information. Diversify your Portfolio: Avoid putting all your assets in a single cryptocurrency. Diversifying can help reduce risk. Keep Detailed Records: Keep detailed records of your cryptocurrency transactions and addresses. This can be useful for verifying your assets and detecting any suspicious activity. Remember that despite these precautions, there is always inherent risk in the world of cryptocurrencies. Be cautious and careful when investing and managing your digital assets, and do not hesitate to seek financial or legal advice if you have questions.#crypto2023 #BTC #Binance #ETH
Six years ago, I entered the exciting world of cryptocurrencies and discovered Binance, an innovative platform that promised to revolutionize the industry. I was captivated by its ease of use and the wide range of cryptocurrencies available so I stayed and have witnessed the evolution of Binance, I have had the freedom to explore new ways of investing, learn about blockchain and cryptocurrencies and much more. Currently as a Binance Angel, I have connected with the large Binance community, people from all over the world, sharing ideas and emotions. I'm grateful for the experience and I just want to congratulate Binance on their success!
Congratulations, Binance! May this be just the beginning of many more years of success, transformation and revolution in the world of cryptocurrencies. #Binance #binanceturns6
This article is translated into English at the bottom of the page.
The world of cryptocurrencies is filled with fascinating and mysterious stories, and one of them revolves around lost bitcoins. It is estimated that approximately 20% of all bitcoins currently in circulation are considered lost. These bitcoins, trapped in a digital limbo, represent a portion of the inaccessible digital treasure. In this article, we will explore the reasons behind the loss of bitcoins and how these valuable assets remain on the blockchain but are unrecoverable.
MinerĆa de Criptomonedas y EnergĆa Renovable: Impulsando una Transición Sostenible
This article is translated into English at the end.
La creciente popularidad de las #criptomonedas ha planteado preocupaciones sobre el consumo de energĆa asociado con la minerĆa.
A medida que el mundo se esfuerza por abordar los desafĆos del cambio climĆ”tico, es importante explorar soluciones mĆ”s sostenibles en la industria de las criptomonedas. En este artĆculo, examinaremos el impacto ambiental de la minerĆa de criptomonedas y cómo el uso de fuentes de energĆa renovable estĆ” impulsando una transición hacia prĆ”cticas mĆ”s sostenibles.
El consumo de energĆa de la minerĆa de criptomonedas.
AdemĆ”s de las iniciativas individuales, se han desarrollado proyectos y comunidades mineras sostenibles que se centran en el uso exclusivo de energĆa renovable. Estos proyectos estĆ”n diseƱados para aprovechar al mĆ”ximo la energĆa limpia disponible en determinadas regiones, como el sol, el viento o el agua, para alimentar las operaciones mineras. Al utilizar energĆa renovable, estos proyectos buscan mitigar aĆŗn mĆ”s el impacto ambiental de la minerĆa de criptomonedas y establecer prĆ”cticas mĆ”s sostenibles en la industria.
En conclusión podemos decir que la adopción de fuentes de energĆa renovable en la minerĆa de criptomonedas es un paso importante hacia una transición sostenible en la industria.
Cryptocurrency Mining and Renewable Energy: Driving a Sustainable Transition
The growing popularity cryptocurrencies has raised concerns about the energy consumption associated with mining.
As the world strives to address the challenges of climate change, it is important to explore more sustainable solutions in the #cryptocurrency industry. In this article, we will examine the environmental impact of #cryptocurrencymining and how the use of renewable energy sources is driving a transition towards more sustainable practices.
Cryptocurrency Mining Energy Consumption.
Cryptocurrency mining has traditionally been energy-intensive, especially in the case of Bitcoin. Mining requires powerful computer equipment to perform complex calculations to solve the mathematical problems necessary for validating transactions on the #blockchain. This high consumption of electrical energy can have a significant impact on the environment and raise concerns about the carbon footprint of cryptocurrency mining.
The Importance of Renewable Energy
Renewable energy offers a more sustainable and environmentally friendly alternative compared to traditional energy sources. Sources such as solar, wind, and hydroelectric power are renewable and do not generate significant carbon emissions during production. The transition to renewable energy sources is essential to address the environmental concerns associated with cryptocurrency mining and reduce its carbon footprint.
Renewable Energy Initiatives in Cryptocurrency Mining
In response to environmental concerns, initiatives have been implemented to utilize renewable energy sources in cryptocurrency mining. Some companies and miners have started adopting solar panels, wind turbines, and even hydroelectric power to power their mining operations. This transition to renewable energy helps to reduce the carbon footprint of cryptocurrency mining and promotes more sustainable practices.
Sustainable Mining Projects and Communities
In addition to individual initiatives, sustainable mining projects and communities have been developed with a focus on using exclusively renewable energy sources. These projects are designed to maximize the use of clean energy available in specific regions, such as solar, wind, or water, to power mining operations. By utilizing renewable energy, these projects aim to further mitigate the environmental impact of cryptocurrency mining and establish more sustainable practices in the industry.
Challenges and Future Perspectives
Although the adoption of renewable energy in cryptocurrency mining is a positive trend, it also presents challenges and limitations. The availability and feasibility of renewable energy sources can vary depending on geographic location, and associated costs may be a factor to consider. Moreover, continuous collaboration between the cryptocurrency industry and the renewable energy sector is needed to drive an effective and sustainable transition. Moving forward, it is important to explore innovative and collaborative solutions to foster a more sustainable and environmentally conscious cryptocurrency mining industry.
In conclusion, the adoption of renewable energy sources in cryptocurrency mining is a significant step towards a sustainable transition in the industry.
By utilizing clean and renewable energy, the environmental impact is reduced, and a more sustainable future is promoted. However, addressing the challenges and limitations is crucial to achieve widespread adoption of renewable energy in cryptocurrency mining. With ongoing collaboration and a focus on sustainability, we can work towards a cryptocurrency industry that is more environmentally aware and energy responsible.
You can not lose this! Come celebrate with Binance its 6th birthday!
Book your ticket and attend on July 14 in Barcelona. From 5pm to 9pm.
It will be a special event that will be dedicated to our Binance community.
Event schedule
17:00 to 18:00 - Registration and Welcome
18:00 to 18:15 - Message from CZ (CEO) and Javier Garcia de la Torre (GM Binance Iberia)
18:25 to 18:35 - Anniversary celebration with cake cutting
18:35 to 21:00 - Networking, Party and Activities to win prizes and Binance merchandise.
For more information go to twitter @binance_hispano
š Place: Casa Rius ā Street: C/ d'Enric Granados, 97, 08008 Barcelona
BOOK YOUR TICKET šš» https://www.eventbrite.com/e/entradas-binance-6o-aniversario-barcelona-671607384767?aff=oddtdtcreator #Binance #BinanceTurns6
Did you know that cryptocurrencies are leaving their mark on pop culture?
For example, the famous late comic artist Stan Lee launched his own cryptocurrency called POW!Coin in collaboration with the cryptocurrency and blockchain platform Pow! Group.
Additionally, several movies and television shows have referenced cryptocurrencies, demonstrating their growing influence on popular culture.
However, it is important to note that the information about POW! Coin is limited and there are no specific details available about this particular cryptocurrency.
It's possible that POW! Coin has been a project launched in the past, but its relevance and current status are uncertain.
Deciphering the Perfect Timeline: When is the Best Time to Invest in Cryptocurrencies?
The question of what is the best time to invest in #Criptomonedas is a debated and complex topic in the investment world. Although there is no definitive answer, there are several factors to consider when determining the right time to invest in cryptocurrencies:
Market Research and Analysis: Before investing in cryptocurrencies, it is essential to conduct thorough research and analyze the market. Looking at past trends, project fundamentals, and current demand can help evaluate the growth potential of a particular cryptocurrency. However, it is worth remembering that past performance does not guarantee future results.
Raffle for 2 double tickets to see The Weeknd in concert!
š Dates: July 18 in Madrid and July 20 in Barcelona.
š„ How to participate: 1) Follow on Twitter @binance_hispano 2) RT this tweet. 3) Comment on the tweet and tag 1 friend with the hashtag #BinanceAfterHours.
More information, terms and conditions šš» https://twitter.com/binance_hispano/status/1677013309420085249?s=20
Binance Meetup Malaga! An event to remember! š Where we had the opportunity to share with the Malaga community as #binanceangels The event was as I already mentioned in Malaga in the month of May. There was a wide variety of activities for attendees where they learned and had fun in true Binance style. They listened to an expert in the world of trading, blockchain and Web3. And to the sound of Sevillana, tapas and drinks, the afternoon passed while the Binancians played fun activities to get official Binance merchandise. On this trip to Malaga some Binance Angels Before the Meetup, we also participated in other special activities such as a beach cleanup day where Binance collaborated with the environment and the celebration of pizzaday. #Binance #binancemeetup #pizzaday