I started using crypto to hedge against the Tanzania Shilling volatility by swapping a portion of my monthly income into USDT on Binance. Every payday, I convert 20ā% of my salary into stablecoins, then move them into a self-custody wallet. When inflation spikes, I know my savings retain real value, shielding me from rapid currency devaluation. Last month alone, I preserved TZS 200,000 worth of buying power that would have eroded if kept in fiat. Beyond saving, I have begun accepting USDT payments for my freelance graphic-design gigs, eliminating delays and exorbitant transfer fees from traditional remittance channels. Within minutes of completing a project, funds arrive in my walletāno banks, and no middlemen. This seamless flow empowers me to reinvest in BTC, ETH and BNB during dips, compounding my long-term wealth. Crypto has become both my rainy-day fund and my growth engine, democratizing financial tools that were previously out of reach.
I use crypto to send money to my family in a rural town. Instead of paying 10 % fees via money transfer services, I send them USDT on Tron network for pennies. They cash out locally through a P2P partner at a fair rate. This has boosted their monthly budget for school fees and groceries. I also participate in Binanceās Earn programs, staking BNB to earn passive income that supplements my emergency fund. Crypto isnāt just an investmentāitās my everyday financial toolkit, offering speed, low cost, and control.
Binance Launchpool Launches 57th Project Dogs (DOGS) : Stake BNB and FDUSD to Farm Rewards
Binance has announced its 57th project on Binance Launchpool: Dogs (DOGS), a memecoin created within the Telegram community and part of the TON ecosystem. Binance will be the first platform to list DOGS, with trading set to commence on August 26, 2024, at 12:00 (UTC).Starting from August 23, 2024, at 00:00 (UTC), users will have the opportunity to stake their BNB and FDUSD into separate pools to farm DOGS tokens over a three-day period. The Launchpool webpage is expected to be available 24 hours before the farming begins.Once listed, DOGS will be traded in four pairs: DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY. Binance has also announced that the Seed Tag will be applied to DOGS, emphasizing the token's status as a new listing on the platform.
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