🇻🇪 BPay on Binance: Convenience or Tax Trap in Venezuela? 💸
The recent enablement of BPay Global for Binance users in Venezuela has sparked an intense debate. For the first time, it is possible to connect Visa and Mastercard cards from national banks to buy $BTC, $ETH, or $USDT without going through the P2P system. But the key question is, at what real cost is this operation being done? 🤔 🔍 The End of Anonymity and Tax Burden This is where the opinion of many experts coincides. Using BPay implies fully entering the radar of the formal financial system. Unlike P2P, where the bank only sees a transfer between people, in BPay the bank records a consumption in an international commerce directly linked to crypto assets. 📉
Use Eth's flexible product, it has good Apy right now.
CrissI
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Hello Binance community! I need your help
I am starting to invest in Binance and I already have 367 USDT subscribed to flexible products. I am seeing an APR of 2.46% and I have accumulated a little over 1.21 USDT in rewards. All of this with the automatic subscription activated!
But I want to take it a step further…
What do you recommend for continuing to grow my investment? Are there other products or strategies that you use with USDT that are giving you good results?
Any suggestions, advice, or experiences will be more than welcome. I am eager to learn!