In recent days, understandable concerns have arisen about the security of certain digital platforms. Before drawing conclusions, it is important to understand some basic concepts, especially when discussing self-custody.
When an app refers to self-custody, it usually means that funds exist on the blockchain and are associated with a unique user address, not a traditional bank account.
However, within the concept of self-custody, there can be different implementation models, some more technical and others more focused on improving the user experience.
Many modern applications seek a balance between user sovereignty, ease of use, and access recovery in case of loss.
This balance may involve additional layers of security and management, without necessarily indicating a problem.
During investigations into an incident, the most responsible action for users is to wait for official information, verify it, avoid rumors or hasty conclusions, and refrain from sharing sensitive data with anyone.
A general best practice, valid for any wallet or digital app, is to review transactions, use auditing features when available, and maintain basic digital security habits.
This is not a response to a specific situation, but a general rule in the digital world. It is also important to remember that the blockchain allows public verification of balances and transactions; technical investigations take time, and responsible communication protects both users and teams.
In such cases, informational prudence is key. Claims without technical basis or confirmed information do not help and may cause unnecessary anxiety.
As a community, the healthiest approach is: 1) To inform ourselves 2) To learn 3) To support one another 4) To allow investigation processes to proceed
Financial and digital literacy is built on knowledge and responsibility. Let's remain attentive, calm, and thoughtful.
In Venezuela, there are many rumors about the possible closure of operations of Finance in my country. Currently, many people use Binance to solve their main problems with digital money exchange, so news like this would be fatal.
Even though this news has been denied, there is always fear in a situation like this. What do you think about it? How do you think it can be made clear that Binance will not close its doors to the Venezuelan market? #P2P #venezuela #Binance
Do you really need to be a verified merchant to be able to earn in the P2P market of Binance?
This is a question that I am asked every day. And while we all want to become verified users on Binance, the truth is that it is not for everyone.
The reason I say this is that having a badge as a verified merchant gives you many advantages, but also responsibilities. If you do not have enough experience, enough time, or have little capital, I would not recommend that you opt for the verified badge.
My recommendation is, first of all, to practice and practice. First, as a user, to learn to use your payment methods very well, and then take that leap to liquidity provider, without verification.
When you accumulate experience, when you manage to increase your capital by making trades, when you learn to be disciplined, and when you dedicate the necessary time to achieve favorable results, only then will I recommend that you request the badge.
Doing it prematurely can lead to a denial from Binance, or in the worst-case scenario, it can turn into a loss of resources and time.
Patience and consistency will give you what you need to achieve the expected result.
In my country (Venezuela) Binance is the leading Exchange and its P2P market is the most used. So much so that people who have no crypto knowledge refer to the "Binance Rate" as the value of USDT in our local currency the bolívar (VES)
There are people who buy and sell services in my country using that "Binance Rate" as a reference, even without having an account on Binance or if they do, they barely know how to use the most basic functions which would be sending and receiving.
Although calling the value of 1 USDT the Binance Rate is not correct, it is clear that Binance's influence on Venezuelans is marked when it comes to the topic of cryptocurrencies, especially in the stablecoin USDT.
I would like you to comment on whether you think it is correct to call the value of USDT the Binance rate or if you think there is still more crypto education needed to explain it better.
Day 3 of this wonderful l #RetoBitcoin365 by the Hand of @SoyDanielP2P with consistency and discipline, objectives are achieved. In reality, the amount is the least important; here the key is to persevere until the end, and to achieve that dream of having the first 1 $BTC in the wallet. Right? Blessings 🙏🏻