#binancenews Binance Upgrades USD Solution for XUSD Transactions
Binance has announced a significant enhancement to its USD transaction services, introducing a zero-spread 1:1 exchange rate for USD to XUSD conversions. This upgrade is available to both VIP and non-VIP corporate users who have completed Know Your Business (KYB) verification, in select jurisdictions.
The new feature enables verified users to seamlessly buy and sell XUSD, USDT, and USDC using USD through SWIFT bank transfers. With a fixed 1:1 exchange rate for transaction amounts ranging from $1 to $10 million, the upgrade offers a cost-effective and stable solution for managing digital assets.
Key benefits of the upgrade include:
Zero Spread: Enjoy 1:1 USD to XUSD exchange with no additional costs.
Wide Stablecoin Access: Simplified transactions in XUSD, USDT, and USDC.
Bank-Level Security: Transactions processed through trusted top-tier banking partners.
Reliable Transfers: SWIFT integration ensures secure and efficient transfers.
Initially available in select regions, Binance plans to expand the service to additional jurisdictions over time. Corporate users interested in accessing the new USD solution must complete KYB verification. Binance encourages users to stay updated as availability broadens.
This upgrade underscores Binance’s commitment to providing a seamless, secure, and scalable experience for corporate clients engaging in USD-to-stablecoin transactions. #usdt #usdc
#BinaceNews Bitcoin Faces Potential Resistance and Support Levels Amid Market Dynamics
Bitcoin's recent price surge has brought attention to key entry points for short-term holders, which may influence future market movements. According to CryptoQuant analyst Burak Kesmeci, the average entry prices for short-term Bitcoin holders are as follows:
1–3 months: Approximately $61,633
3–6 months: Approximately $64,459
These levels are narrowing, and their breakout direction could significantly impact market sentiment.
If Bitcoin's price surpasses the $64,459 mark, it may signal bullish momentum, attracting further buying interest. Conversely, a decline below $61,633 could lead to increased selling pressure as short-term holders seek to minimize losses.
Additionally, data from CryptoQuant indicates that the short-term holder realized price is around $87,700, suggesting this level could serve as a technical support zone during price pullbacks.
Traders should monitor these critical levels closely, as they reflect the market's balance between fear and opportunity.
#TradingTypes101 For the first topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #TradingTypes101 . Understanding different trading types is the first step to building a well-informed strategy. Spot, Margin, and Futures trading each offer unique advantages and risks. Choosing the right one depends on your goals, experience, and risk appetite. 💬 Your post can include: · What are the key differences between Spot, Margin, and Futures trading? · When do you use the different types of trades? Which one do you use most and why? · What tips would you offer to beginners?
#BinaceNews China-U.S. Trade Talks Begin in the UK
On June 9, during a regular press conference, Chinese Foreign Ministry spokesperson Lin Jian addressed questions from a Reuters reporter about the inaugural meeting of the China-U.S. trade consultation mechanism currently underway in the United Kingdom. When asked for further details and China's expectations, Lin stated that China has already shared initial information about the talks and advised to "stay tuned" for more updates.
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