venezolanos

Savings or punishment? The dilemma of USDT in Venezuela

Help me, I don't know if this is happening to you too. In Venezuela, saving in USDT has become a paradox:
To protect your bolívares, you have to pay more than they are worth.

🔍 Current reality

- USDT is sold between 198 and 200 Bs. on P2P platforms.
- The BCV dollar is paid approximately at 137 Bs. in bank transfers.
- The difference is 63 Bs. per dollar, which equals a loss of 45 USD for every 100 USD you try to save.

🧠 Why does this happen?

- USDT is not the dollar; it is a stablecoin that reflects the real demand for protection.
- With the disappearance of the parallel dollar as a public reference, USDT became the new thermometer of the informal economy.
- The platforms apply risk, liquidity, and speed premiums, which inflate the price compared to the official dollar.

📉 Is it saving or investing?

> For many Venezuelans, USDT is not saving:
> It is a bet against inflation, with guaranteed initial loss.

🙋‍♂️ And what do you think?

Do you think USDT should be regulated as currency?
Is it fair that Venezuelans pay an extra 45 dollars just to want to protect their money?

🧭 Spiritual reflection

> “The wise sees danger and withdraws; the fool goes on and suffers the consequences.” — Proverbs 22:3
> Are we being wise by buying USDT, or are we paying out of fear?

Comment on your experience. How do you manage saving in USDT?
Your opinion can help thousands who still do not understand this dynamic.#venezolanos #usdt‏ #BTC #AhorroInteligente #ahorraencritovenezuela

Tips for the Venezuelan Crypto Environment:

- Prioritize Security: Given the lack of solid regulations and the possibility of scams, security must be paramount. Use secure wallets (hardware wallets preferably for large amounts), enable two-factor authentication, and be extremely cautious with offers and promises of easy profits.
- Stay Informed Constantly: The world of cryptocurrencies is dynamic. Keeping up with the news, market trends, and potential regulatory changes is crucial.
- Diversify with Caution: While diversification is a recommended strategy in any investment, in the Venezuelan context, it is important to thoroughly research each cryptocurrency before investing and understand the associated risks. Stablecoins can offer some protection against volatility, but they also have their own risks.
- Understand the Risks: Volatility is an inherent characteristic of cryptocurrencies. Being prepared for potential significant losses is fundamental. Do not invest money that you cannot afford to lose.
- Seek Reliable Sources: Given the large amount of information (and misinformation) circulating, it is important to seek reliable news and analysis sources and cross-check information before making decisions.
- Consider Practical Use: In Venezuela, beyond investment, considering cryptocurrencies as a tool for making payments, receiving remittances, or preserving value can be a useful strategy.
- Be Aware of Regulations: Regulations can change quickly and have a significant impact on the use and exchange of cryptocurrencies. Staying informed about any regulatory updates is vital.

#consejos #venezolanos #cripto

#Venezolanos $USDT attempt better explained impossible

Conversion of Bitcoin (BTC) to Venezuelan Bolivar instantly using today's real-time rate of Bs29.01M VES per BTC. The current market capitalization of Bitcoin is Bs579,482.22B VES and the 24-hour trading volume is Bs13,591.36B VES, with a circulating supply of 19.

For traders #venezolanos it is a good time to make transactions with #BTC and achieve the best results.
$BTC
#venezuela

#venezuela Good afternoon this is my first post on Binace and I want to share with you a dream for all #Venezolanos I dream of a crypto/token made in Venezuela backed by MMBLS of oil and gold that is my dream God bless you #VenezuelaPotencia Soon 🇻🇪🇻🇪

Thoughts on Crypto (Venezuela, April 15, 2025)

General Thought: In Venezuela, cryptocurrencies have transitioned from a technological curiosity to an increasingly relevant tool in everyday life. Hyperinflation and currency restrictions have driven many Venezuelans to seek digital assets as a means to preserve value and conduct transactions. However, the lack of clear regulation and the inherent volatility of cryptocurrencies also present significant challenges and risks.

#criptonews #venezolanos #pensamientos

Advanced arbitration in the P2P market of Binance

Infrastructure seizure operations often generate cycles of uncertainty and an immediate need for liquidity in the domestic market #venezolanos . For an investor in Binance, this translates into highly profitable arbitrage windows.

When fear drives local users to quickly liquidate their positions, the price of the $USDT against the bolívar tends to become misaligned with international indicators. By operating in the #P2P of Binance, you can take advantage of these inefficiencies by purchasing discounted assets and selling them when the #demanda stabilizes. This dynamic turns the platform into a constant cash flow generation engine, allowing for the capture of profit margins superior to those of #mercados more stable, all under the support and security provided by the custody system of Binance
#VenezuelaTension
$BTC

ya el tema de comprar #USDT no va a tener mucha vida como antes , está locura se la lleva quien la trajo.
es que el precio ni se asoma al #p2penvenezuela aquí nos damos cuenta , que entre #venezolanos 🇻🇪 nos comemos unos a otros .
#dalelikesiguemeycomparte

Exchange El Dorado P2P ceases its operations in Venezuela

The company allows the exchange of stablecoins for local currencies in the region, a necessity in economies with high inflation.

Guillermo Goncalvez, CEO of El Dorado, denied that they wanted to "promote speculation on the dollar".
Venezuelan authorities have detained people for "artificially inflating" the dollar.

Guillermo Goncalvez, co-founder and CEO of the P2P exchange El Dorado, announced the suspension of operations in Venezuela through a video released yesterday, Saturday.

“El Dorado will stop operating in Venezuela immediately,” he stated, while expressing his regret for any negative impact generated by the platform.

“First of all, I am deeply sorry, as in no way have our actions been aimed at promoting speculation on the parallel dollar in Venezuela,” Goncalvez assured, who also apologized and took responsibility for any harm caused.

The businessman emphasized that the only official exchange rate of the dollar in the country is the one established by the Central Bank of Venezuela.

Government scrutiny
The decision of El Dorado comes in a context of increased control by Venezuelan authorities over the currency market.

Last week, they detained 20 people who managed Instagram accounts dedicated to posting the value of the parallel dollar, which, as of May 22, was quoted at 133 bolivars per dollar, while the official rate from the BCV was at 94 bolivars, marking a difference of 41%.

The Venezuelan Public Ministry charged the detainees with the crimes of terrorism, money laundering, improper fundraising, misleading offers, and association.

An uncertain future for exchanges in Venezuela
These measures reflect the increasing pressure on exchanges like El Dorado, which operate in an environment where rampant inflation and economic restrictions are soaring .

#venezuela #Venezuelacripto #Eldorado #venezolanos #P2P $USDC

Strengthening the adoption of Stablecoins as a safe haven

​Each measure of confiscation or restriction on illegal mining in Venezuela paradoxically reinforces the adoption of the #Stablecoins on Binance as the true monetary standard of the country. For the investor, this means the local ecosystem becomes increasingly dependent on Binance's infrastructure for remittances, commercial payments, and wealth preservation. By investing in this context, you position yourself in a market with inelastic organic demand: the #venezolanos will not stop using crypto, they will only shift mining to saving and transactional activities on $USDT or $FDUSD . Capitalizing on this massive transition toward using Binance Earn or #staking stablecoins allows you to earn passive income in a market where capital flow is constant and the user base grows due to the lack of reliable financial alternatives in the traditional Venezuelan banking system.
#VenezuelaTension
$BTC

#VENEZOLANOS ¿ What other currency can be used to save that is not so volatile? Currently, we all know that the situation in Venezuela has not been easy at all, I also don't see the #USTD option since it skyrockets every day, linking it to the price of a product is complicated as, thanks to the buying and selling, it keeps rising.

People with more experience who can give me some suggestions for saving, this situation has not been easy and I know you will feel identified. And as merchants, things get complicated...