key impacts of the GENIUS Act on users of Binance (and crypto users globally):
✅ Positive Impacts for Binance Users 1. More transparency & trust in stablecoins - The GENIUS Act requires stablecoin issuers to have 1:1 reserves held in safe, liquid assets and to publish monthly reports. [1] - For users, that means the stable assets you use (like USDC or others) are backed more strictly, reducing risks of de‑pegging or failures.
2. Improved consumer protections - If a stablecoin issuer becomes insolvent, users get priority claims on the reserves. [2] - Enhanced AML/KYC standards mean better prevention of fraud, which raises the overall security of platforms like Binance. [1]
3. Potential for better stablecoin models on Binance - With clearer regulation, exchanges like Binance may adopt compliant stablecoins more aggressively, possibly improving availability and choice of stable assets. [3]
⚠️ Potential Challenges / Considerations 1. Yield limitations on stablecoins - The GENIUS Act prohibits stablecoin issuers from paying direct interest/yield to holders. [1] - For users on Binance who earn rewards on stablecoins, this may mean less yield or new structures for rewards (via the exchange rather than the issuer).
2. Impact on non‑compliant tokens - Stablecoins issued without meeting the new standards may lose usability or face restricted access. That may affect trading pairs, liquidity, or listing status on Binance. [4] - Users holding such tokens may face risk if liquidity dries up.
3. Regulation could increase fees or complexity - Issuers and platforms may pass compliance costs to users (higher transaction costs, stricter verification). - More audits, governance oversight → slower issuance of new stablecoins or features. #Binance #MarketPullback #USBankingCreditRisk #PowellRemarks
📘 How to Earn Money on Binance Without Investment: A Complete Guide
Binance offers several ways to earn without depositing or investing money. Here's how:
- 1. Binance Learn & Earn What is it? You watch videos or read lessons about crypto and answer quizzes. If you pass, you get free crypto.
Steps: 1. Go to Binance > Rewards Center 2. Find "Learn & Earn" 3. Complete the lessons and quizzes 4. Rewards are credited to your Spot wallet
2. Binance Square – Write to Earn What is it? You write posts or articles on Binance Square and get rewarded with crypto (usually based on likes, views, and engagement).
Steps: 1. Go to Binance App > Square 2. Tap "Post" 3. Create original crypto-related content 4. Increase your followers and engagement 5. Join Write to Earn campaigns
3. Binance Referral Program What is it? Invite friends to Binance. If they register and trade, you earn a percentage of their trading fees.
Steps: 1. Go to Binance App > Referral 2. Copy your invite link 3. Share it on social media or with friends 4. Earn commission (up to 40%)
4. Binance Airdrops & Promotions What is it? Binance frequently gives free tokens via airdrops and promotions.
Steps: 1. Follow Binance on *Twitter, Telegram, or Blog 2. Check for airdrop announcements 3. Join events like tasks, quizzes, or social challenges
5. Binance Task Center What is it? New users get tasks like verifying KYC, trading $10, etc. Completion gives crypto rewards.
Steps: 1. Go to "Task Center" on the homepage 2. Complete simple missions 3. Earn crypto or vouchers
Tips to Maximize Earnings: - Be active daily - Focus on trending topics for Write to Earn - Use quality hashtags (#Crypto, #BTC, #Binance) - Stay updated with Binance news $BTC #Crypto #BinanceSquare #CryptoBeginners #CryptoTips
💰 How I Turned 10 into100 with Locked Staking (No Trading Skills Needed)
I didn’t start with thousands — just 10, a bit of curiosity, and a lot of reading 📚
👉 I discovered Locked Staking on Binance: I picked a project with 30
The result? After 3 months, I earned over2.5 — just by letting my crypto work for me. Then I reinvested the rewards… and that’s when it started growing faster! 🚀
🔐 What I learned: - Always read the staking terms carefully. - Longer lock = better APR. - Lesser-known tokens can bring big returns… but do your own research!
💡 Tip:Start small, think long-term.
Want me to post a full guide on how to choose the best staking project? Comment “STAKING” and I’ll make one just for you! 🔥 $USDT
Step 1: Open the Binance app, go to your dashboard, and tap “Learn & Earn.”
*Step 2: On the Binance Academypage, tap “Activity Rules” to read the rules or scroll down to find available quizzes.
Step 3: Select a quiz like “What Is Pyth Network (PYTH)?”* and tap “Start Learning.” Watch the video or read the content, then complete the quiz to earn free crypto.