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      "title": "Why Silvergate Bank is Winding Down… and Why It's a Big Blow to Crypto",
      "body": "When mainstream banks were closing traders' accounts, Silvergate embraced cryptocurrency exchanges. Now it's gone and no mainstream banks want to take its place.\nJust having to ask the question in a Securities and Exchange Commission filing is generally enough to provide the answer.\n\n![SVB.webp](https://cdn.steemitimages.com/DQmYLQFPhs4oQu5Fvd8Q1XTgjaTakuDesNdSdPR1mtcLvyh/SVB.webp)\n\nSo it proved for Silvergate, the longest-standing and most important bank serving the crypto industry.\n\nThe institution has announced that its closing its doors — badly bruised after that fateful filing led to an exodus of major corporate clients… Coinbase, Gemini, Paxos and Circle among them.\n\n\"An orderly wind down of bank operations and a voluntary liquidation of the bank is the best path forward,\" the California-based corporation said in a statement. This would include repayment of all deposits, it added.\n\nSIlvergate blamed \"recent industry and regulatory developments\" for its woes.\n\nThose regulatory developments covered a host of issues, from a Justice Department investigation to growing moves by the Federal Reserve and other federal agencies with oversight of the banking industry pushing those institutions far away from crypto.\n\n![bitcoin-crop-1673969976505.webp](https://cdn.steemitimages.com/DQmS6ihBsiDt9SHtvcTYgHUE4xG5Fk12xn9J5DmLn1xz98N/bitcoin-crop-1673969976505.webp)",
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      "parent_author": "",
      "parent_permlink": "luna",
      "author": "mrdong",
      "permlink": "prediction-can-luna-coin-recover",
      "title": "Prediction: Can Luna coin recover?",
      "body": "The plan to rescue Luna coin was still quite fuzzy, but this stable coin kept falling to the floor. If you used 1000 billion VND to buy Luna coin before, now it only costs 10,000 VND. Are investors already lost? Is Luna coin recoverable? Even many Vietnamese traders rushed to catch the bottom but before they could accept the offer, they were empty-handed. These are definitely the bewildering things of many investors after the recent crash of Luna coin. Knowing this concern of readers, Thuvientaichinh invites you to read through this article to analyze it with us!\nLuna coin crash event\nBefore we make a prediction, can Luna coin recover? Let's analyze how this coin crashed!\nThe ecosystem of the Terra project in general and the Luna coin in particular was created to increase the scalability of the coins. Accordingly, Luna coin as an integral core part of Tera's dual token structure together with UST. If investors want to get UST, they need to burn Luna coin. On the contrary, if you want to get Luna coin, you need to burn UST. This property shows that the supply and demand of cryptocurrencies is extremely important and it will affect other factors.\n\n![luna-coin-co-phuc-hoi.jpg](https://cdn.steemitimages.com/DQmdSjHeSNV3roFhq5YYWrHvSejn757DfvBZ3oPtg5ry2BD/luna-coin-co-phuc-hoi.jpg)\n\n Luna coin crash event\nHowever, the last time was on May 9 when the UST withdrew from the US dollar. As well as the dizzying increase in the buyback of Luna coin, it increased the supply and caused the price to drop by 99%. Earlier in April, this digital currency was once traded with a high value of $ 100. Only on May 12, the price of this coin dropped to just $0.003385 per Luna coin.\nIndeed, this result is not expected by anyone, especially investors of Luna coin and other coin traders. Firstly, Luna coin investors will have nothing left to withdraw their investment capital. Secondly, there are many rumors that this project is a scam coin, so it has evaporated up to 99%. From there, making many people gradually lose faith in the cryptocurrency market.\nPrediction: Will Luna coin recover?\nThe main use of Luna coin is for administration and staking. And if investors want to receive benefits, the transaction fees at this platform are mandatory for them to use Luna coin as a valid asset. Plus, it has no value other than creating a UST as we explained above.\nSince its 2019 launch, the Luna coin is denominated in US dollars and most of its value has not traded above the US$1 threshold. But it wasn't until 2021, when the cryptocurrency market started to explode, that the value of Luna coin also increased rapidly and it became an ideal investment asset for traders.\n\n![luna-coin-co-phuc-hoi-1.jpg](https://cdn.steemitimages.com/DQmVoQGNNnW4mdPuHebKtrDJ6zKv4rqwcyMeGCwX6Z2BcSV/luna-coin-co-phuc-hoi-1.jpg)\n\n Prediction: Will Luna coin recover?\nIf on March 21, 2021, the price of Luna coin once traded at a peak of $22.33. Even until the end of December 2021, the value of Luna coin continued to peak at $103.33. By mid-May, the coin had dropped to just $3.94.\nWith the current situation according to our assessment and prediction, the possibility of Luna coin recovering will be relatively difficult. Because of:\nOnce the cryptocurrency drops 99% in value, it is very difficult to rebuild trust with customers. Most investors don't have the guts to stay attached to an asset that has left them empty-handed.\nBesides, when the price of Luna coin was too bad, it seemed to go back to the starting point. If the project development team wants Luna coin to recover, it needs to put in a lot of effort.\n It will be quite difficult for Luna coin to recover\nLuna coin price prediction in 2022\nAccording to short-term sentiment as well as technical analysis , Luna coin is still continuing its downtrend. It even broke through the moving average significantly, showing that the trend is still strongly bearish in the near term. Some predictions from crypto sites like CoinCodex also put their prediction through technical analysis on this coin to fall further towards $0.000136.\nAs for the long-term prediction of the future of Luna coin, it is not very positive because most analysis sites think that the possibility of Luna coin recovering is not possible. The price could even average $0.0136 in the following months of 2022. In 2023, it could reach a value threshold of $0.0147.\n\n![luna-coin-co-phuc-hoi-3.jpg](https://cdn.steemitimages.com/DQmRX8tVB9X5rdmHqdcfyMehRuHDxETG42Dw1iWefXvCUKZ/luna-coin-co-phuc-hoi-3.jpg)\n\n Luna coin price prediction in 2022\nWith this collapse, the crypto market is extremely volatile. Since then, accurate price prediction also causes many difficulties for analytical units. If you have another analysis about whether Luna coin can be recovered",
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      "title": "Luna's 'death' was forewarned",
      "body": "At the time when Luna was developing like a storm, there were predictions that this project would end badly and warned investors to be cautious.\nHacks, scams, roosters, price drops are common incidents in the cryptocurrency market. But the collapse of the Luna token is a different story.  \nLuna is seen as an important experiment - an attempt to create a stablecoin (stable coin) pegged to USD that does not rely on traditional financial securities . But the collapse of the Terra project last week casts doubt on this idea. \nAt the beginning of April, with a price of more than 100 USD, Luna - the token of Terra project - entered the top 10 largest cryptocurrencies in the world. But last week, the value of this coin dropped millions of times, down to 0.0001 USD. According to data from Coinmarketcap, more than 600 billion USD in market capitalization has evaporated from the crypto market after the Luna crash. \nThis is a shock to many people from billionaire operators, cryptocurrency exchanges with small players because Luna has a clear development roadmap and is invested by large funds, so it has high credibility. \n \nThe collapse of Luna impacted investor confidence in cryptocurrencies. (Photo: ABC News)\nIn fact, Luna's collapse was warned many months ago by Kevin Zhou, founder of the hedge fund Galois Capital. At a time when Luna was developing like crazy, Zhou predicted the project would end badly and warned investors to be cautious. \nFew people believed Zhou's warnings at the time and now regret it. Experts say that the Luna disaster is causing the trust in cryptocurrencies of regulators and users to erode.  \n“This serious incident could drain investors’ confidence in the crypto market in the short term,” wrote Indian Express writer Soumyarendra Barik . \nBarik also noted that the stablecoin's demise has also prompted regulators and governments to call for stricter enforcement of laws governing crypto projects. \n“Cryptocurrencies like stablecoins are growing rapidly and there are risks to financial stability,” said Gary Gensler, chairman of the US Securities and Exchange Commission (SEC).\nAccording to Business Insider , regulators are \"taking advantage of\" the current moment to highlight risks to digital assets. Many experts warn of a possible bigger impact on financial markets as many large companies are investing in Bitcoin or other crypto assets. \nLuna's demise also threatens the funding chain that crypto startups rely on. This capital flow depends a lot on whether the investor is willing to accept the risk or not.\n \nRegulators are \"taking advantage\" of the current moment to highlight risks to digital assets. (Photo: Forkast)\nThe story of Luna will certainly not be forgotten for a long time. Small players who used all their investment savings were wiped out, while many lost half a billion dollars and became homeless. Even crypto investors who have no direct contact with Luna are suffering huge losses because of the coin's demise.\nZhou thinks that at a time when cryptocurrencies are thriving like today, the Luna crash is becoming a wake-up call for many. \"Better it happens now than later,\" the expert said.\nMeanwhile, investors are concerned that if the value of a supposedly \"stable\" digital asset can be wiped out so easily in a matter of days, will other \"stable\" coins do the same? in a similar situation?",
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      "body": "</div>\n<div class=\"text-justify\">\n\nWelcome to Steem!\n\nSteem blockchain community rewards original content. Would it be possible for you to cite the source of the image?\n\n<hr>\n\nThere are many growing communities here that you may want to join, here is the [latest list](https://steemit.com/hive-133716/@randulakoralage/list-of-steemit-communities-categorized-by-their-subjects-v4) of communities prepared by randulakoralage.\n\nFor general information about what is happening on Steem follow @steemitblog.\n<hr>\n\nHere is a post that explains everything steps by steps that will help you understand more about Steemit ecosystem, wallet security, Newcomers Achievement Program, list of tutorials, how to use tag in your post, how to claim your reward, how to exchange SBD to Steem, and many useful information. [Click here](https://steemit.com/hive-172186/@cryptokannon/notice-board-of-newcomers-community-updated-13-4-2021) to view this post.\n\n<hr>\n\n<div><p>There is a set of achievements prepared by <a href=\"/cryptokannon\">cryptokannon</a> for new comers.</p>\n<ol>\n<li><p>First go to <a href=\"https://steemit.com/trending/hive-172186\">New Comers Community</a></p></li>\n<li><p>Read <a href=\"https://steemit.com/hive-172186/@cryptokannon/achievement-tasks-resources-and-materials-newcomers-retention\">this </a> summary about achievements.</p></li>\n<li><p>First achievement is a self introduction. <a href=\"https://steemit.com/hive-172186/@cryptokannon/achievement-1-mentor-by-cryptokannon-verification-through-introduction\">THESE are  the rules</a> for the post.</p></li>\n<li><p>Likewise, you can do all achievements. You can learn about steemit related things and get rewarded as well.</p></li>\n</ol>\n\n### Important: \nYou can also participate in **Steemit Crypto Academy** course and homework tasks if you have completed till Achievement 4 tasks. Achievement Program task details are mentioned above. Also, few additional rules are,\n1. Minimum reputation of 50, at least 150 Steem Power of their own (not delegated to them) .\n2. You can do them even if you have done higher level Academy homework posts in the previous three seasons of Steemit Crypto Academy week courses.\n\nYou can read the full instructions/rule for latest **Steemit Crypto Academy** season 4 post [here](https://steemit.com/hive-108451/@steemitblog/steemit-crypto-academy-update-september-6th-2021-season-4-beginners-level-introductory-courses)\n\nRegards,\n@neerajkr03\n</div>",
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      "title": "Camel Pose – How To Do It And How It Works",
      "body": "https://youtu.be/CQl_niu3dMQ\nYoga Routing: Camel Pose\n****************************\n\nCamel Pose – How To Do It And How It Works\nThis is a great back bend and very beautiful. You can do this pose along with other poses in the morning. But if you can't arrange the time in the morning, the evening is also great.\n\nMake sure you do this pose at least 4-5 hours after a meal.\n\n\nLevel: Basic\n\nGenre: Vinyasa\n\nExecution time: 30 to 60 seconds\n\nRepeat: Not necessary\n\nStretching: Abs, Thighs, ankles, armpits, neck,…\n\nIncreased Stamina: Back\n\nHow to do camel pose\nSit on your feet, hands on your thighs, then stand on your knees, hands next to your hips\nMake sure your knees are shoulder-width apart, insteps touching the floor\nInhale, bend back, gradually stretch the abdominal muscles\nGently grab your leg with your hand and keep it straight\nKeep your neck up, don't lean left or right\nHold the pose for about 30-60 seconds before you do the next relaxed pose\nNotes and contraindications for the camel pose\nYou should do this pose under the supervision of an instructor. If you are having back or neck problems, or have blood pressure problems, stop doing this pose.\n\n![Ustrasana1-2.jpg](https://cdn.steemitimages.com/DQmfHeT9cJTGGbStgyZbkUehggttrANXyy8Jsi87BuvZ3qM/Ustrasana1-2.jpg)\n\nThose who suffer from insomnia or migraine should absolutely not practice this pose.\n\nFor those who are new to the practice, it will be difficult for you to reach your feet. You can practice slowly and can use the practice bricks placed behind and just touch the bricks.\n\nFor those who are just starting out, don't hold the pose for more than 20 seconds\n*********************************************************************************\nEffects of the camel pose\nThis pose improves digestion and relaxes the internal organs.\nHelps open chest and front part of body.\nIt strengthens the back and shoulders.\nIt helps to relieve pain in the lower back.\nIt makes the spine more flexible and also helps in improving your posture.\nIt reduces discomfort during the days you have your period.\nIf you do this pose regularly, it will help you improve the circulatory, respiratory, endocrine and digestive systems in your body. This pose is also very good for people with diabetes, asthma, thyroid diseases, spondylitis, bronchitis. Doctors also recommend this pose for people who are obese or have fertility problems. In addition, this pose also helps you to treat colitis, constipation and indigestion\n\nIt is also believed that this pose also helps you open the 4th chakra (chakra of love).",
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      "title": "Instructions for making Red Bean Doraemon cake",
      "body": "https://www.youtube.com/watch?v=dmxM8c_thK0\nhttps://d.tube/v/dongtrongcuong2021/o5w1qf0c39m\nI hope you enjoy this video, leave your comments, Let's discuss cooking side dishes together!\n********************************************************************************************\n\nInstructions for making Red Bean Doraemon cake\nIngredients:\nWash red beans and soak them in hot water overnight, put them in a pot with water and simmer until the beans are soft.\nPour red beans into a non-stick pan, add sugar, cooking oil and turn on the stove on low heat, stir continuously until the beans are thick, then dissolve the cornstarch with a little water and then pour into the bean paste, stir well and continue cooking for about 10 minutes. After minutes, add the malt, slug for a few more minutes for the filling to form a non-stick mass, then turn off the heat.\nTo let the filling cool down, roll the balls into round balls, as big or small as you like, and cover them to prevent the filling from drying out.\nPut the glutinous rice flour, sugar, and water in a heatproof bowl, then stir until the powder is dissolved.\nPut the bowl of flour in the microwave for 2 minutes, then take it out, mix well, and then turn it for another 2 minutes until the dough is cooked.\nSprinkle a little cornstarch or cake flour on a clean table, take the dough out to the table to cool down, then lightly knead until the dough is smooth, cut the dough into pieces twice as big as the filling.\nRound each pie crust, then flatten it, put the filling in the middle, wrap it up tightly.\nRoll the wrapped cake into a bowl of coconut crumbs so that the cake sticks to a layer of coconut crumbs and that's it.",
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      "title": "Instructions for making Red Bean Doraemon cake",
      "body": "https://www.youtube.com/watch?v=dmxM8c_thK0\nLeave your comments, let's exchange our recipes together!\n***********************************************************\nInstructions for making Red Bean Doraemon cake\nIngredients:\nWash red beans and soak them in hot water overnight, put them in a pot with water and simmer until the beans are soft.\nPour red beans into a non-stick pan, add sugar, cooking oil and turn on the stove on low heat, stir continuously until the beans are thick, then dissolve the cornstarch with a little water and then pour into the bean paste, stir well and continue cooking for about 10 minutes. After minutes, add the malt, slug for a few more minutes for the filling to form a non-stick mass, then turn off the heat.\nTo let the filling cool down, roll the balls into round balls, as big or small as you like, and cover them to prevent the filling from drying out.\nPut the glutinous rice flour, sugar, and water in a heatproof bowl, then stir until the powder is dissolved.\nPut the bowl of flour in the microwave for 2 minutes, then take it out, mix well, and then turn it for another 2 minutes until the dough is cooked.\nSprinkle a little cornstarch or cake flour on a clean table, take the dough out to the table to cool down, then lightly knead until the dough is smooth, cut the dough into pieces twice as big as the filling.\nRound each pie crust, then flatten it, put the filling in the middle, wrap it up tightly.\nRoll the wrapped cake into a bowl of coconut crumbs so that the cake sticks to a layer of coconut crumbs and that's it.",
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      "title": "How Bitcoin Mining Work? Cryptocurrency Cloud Mining",
      "body": "What is Bitcoin Mining?\nBitcoin retrieval is the process by which new bitcoins are brought into circulation, but it is also an important part of the maintenance and development of the blockchain registry. This is done with the help of very complex computers that solve very complex mathematical computational problems.\n\nCryptocurrency miningis labor-intensive, expensive and only sporadically profitable. Nevertheless, mining has a magnetic attraction for many investors who are attracted to cryptocurrencies, as miners are rewarded for their work with crypto tokens. This may be because entrepreneurial types see mining like the California gold miners of 1849 for loose change. And if you’re prone to technology, why not?\n\n\n![5a7cbe7fd030721f008b4871_nlwc.png](https://cdn.steemitimages.com/DQmSx5qvJqEioFaDNy7uVUAmKAWdgxp66ymrTAGti39iDts/5a7cbe7fd030721f008b4871_nlwc.png)\nHowever, before you invest time and equipment, read this explanation to see if the results are really for you. We will mainly focus on Bitcoin (we use “bitcoin everywhere” when we refer to a network or cryptocurrency as a concept, and “bitcoin” when it comes to the number of individual tokens).\nHow to Mine Bitcoin\nMiners are paid for their work as auditors. They check the validity of Bitcoin transactions. This convention aims to maintain the honesty of Bitcoin users and was initiated by Bitcoin founder Satoshi Nakamoto. By verifying transactions, miners help avoid the “double fee problem”.\n\nDouble spending is a scenario where a Bitcoin owner illegally spends the same Bitcoin twice. This is not a problem with physical currency: once you give someone $20 to buy a bottle of vodka, you run out of money. While there is the possibility of counterfeit money, it is not exactly the same as spending the same dollar twice. With digital currencies, as the Investopedia dictionary explains, “there is a risk that the holder may be able to make a copy of the digital token and send it to a merchant or other party, while preserving the original.”\n\n\n \nLet’s say you have a legal $20 bill and a counterfeit $20 note. If you try to remove a real and a fake banknote, someone who has looked at the serial numbers of both bills will find that they are the same number and therefore one of them must be counterfeit. What a bitcoin miner does is similar – it checks transactions to make sure the user is not trying to illegally spend the same bitcoin twice. This isn’t a perfect analogy – we’ll explain it in more detail below.\n\n\n \nOnce miners review 1MB (megabyte) worth of Bitcoin transactions known as “blocks”, those miners are entitled to a reward of large amounts of Bitcoin (more on Bitcoin rewards below). The 1MB limit was set by Satoshi Nakamoto and is controversial as some miners believe that the block size needs to be increased to collect more data, which effectively means the Bitcoin network can process and verify transactions faster.\n\nNote that confirming 1MB transactions entitles miners to earn bitcoins – not everyone who verifies transactions gets paid.\n\n\n \nIn theory, a 1MB transaction could be just one transaction (though this isn’t common at all) or several thousand. It depends on how much data the transaction requires.\n\nThis is true. To get bitcoins, you must meet two conditions. One is the business problem; one of them is a matter of luck:\n\nYou should review ~1MB worth of transactions. This is the easy part.\nYou have to be the first miner to find the correct answer or the next answer to a numerical problem. This process is also known as proof of work.\n\nWhat is a coin pool?\nHuge prizes are paid to the miner who first finds the solution to the puzzle, and the likelihood that the participant will be the one to find the solution is part of the total digging force on the network.\n\nParticipants with a low share of production output have very little chance of finding the next unit themselves. For example, an excavation map that one can buy for a few thousand dollars is less than 0.001% of the extraction network capacity. With very little chance of finding the next block, the miner took a long time to find the block, and the difficult climb made matters worse. Miners may never get their investment back. The answer to this problem is mining pools.\n\n\n \nMining pools are operated by third parties and coordinated by groups of miners. By working in the pool and dividing the payout among all participants, miners can receive a steady stream of bitcoins from the day they activate their miners. Statistics on some of the extraction pools can be seen at Blockchain.info.\n\n“I did the math. Forget about mining. Is there an easier way to make money with cryptocurrencies?”\nAs mentioned above, the easiest way to get Bitcoin is to buy it on one of the many exchanges. Alternatively, you can always use a “select strategy”. This is based on the ancient view that during the California gold rush of 1849, smart investment did not seek gold, but rather made pickaxes to mine.\n\n![pasted image 0.png](https://cdn.steemitimages.com/DQmW41hMJNCg8HvBMJnRPGHdrd69RQeDGS2TppPJTwXevxU/pasted%20image%200.png)\n\n\n \nIn modern terms, you are investing in the company that makes this choice. In the context of cryptocurrencies, the equivalent of a pickaxe is a company that makes the devices used to mine bitcoins. For example, think of companies that make ASIC devices or graphics processors.\n\nIs digging bitcoin legal?\n\nThe legality of Bitcoin mining depends entirely on your geographic location. The bitcoin concept could threaten the dominance of fiat currencies and government control over financial markets. Because of this, Bitcoin is completely illegal in certain places.\n\nBitcoin ownership and mining is legal in more countries. Some examples of places where it is illegal to do so include Algeria, Egypt, Morocco, Bolivia, Ecuador, Nepal, and Pakistan.4 In general, bitcoin is legal to use and mine in much of the world.\n\nMining risk\nReturn risk often consists of financial and regulatory risk. As mentioned earlier, Bitcoin mining and mining in general is a financial risk. A person can go out of their way to buy mining equipment worth hundreds or thousands of dollars just to avoid a return on investment. However, this risk can be reduced by joining a mining pool. If you are considering mining and living in a Forbidden Area, you need to reconsider. It is also a good idea to research your country’s regulations and general sentiment for cryptocurrencies before investing in mining equipment.\n\nAn additional potential risk from increasing Bitcoin mining (and other proof-of-performance systems) is the increased energy consumption of the computer systems running the mining algorithms. While the efficiency of microchips in ASIC chips has increased dramatically, the growth of the network itself has outpaced technological advances. As a result, concerns have arisen about the environmental impact and carbon footprint of Bitcoin mining.\n\nHowever, efforts are underway to reduce these negative externalities through the search for cleaner and environmentally friendly mining energy sources (such as geothermal or solar energy) and through the use of CO2 offsets. Ethereum’s planned move to a more energy-efficient consensus-based (PoS) mechanism is another strategy; However, PoS has its own drawbacks and inefficiencies.\nthoughts on “How Bitcoin Mining Work? Cryptocurrency Cloud Mining",
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      "title": "A Complete Guide To P2P Trading On Binance",
      "body": "From buying/selling cryptocurrencies to avoiding potential scams, this guide covers everything you need to know about Binance P2P trading.\nWhat Is P2P Trading?\nPeer-to-Peer trading, commonly known as P2P trading entails a couple of people selling or buying cryptocurrencies directly from each other. It is a type of trading in which vendors and buyers register on a website known as a peer-to-peer platform, marketplace, or exchange. They can eventually post advertisements for cryptocurrencies to be purchased or sold with a specific price range and location.\n\n\n\nThe procedure is quite similar to selling things on eBay, Etsy, or Craigslist, in a manner that the vendor and buyer engage directly with the buyer to land at a price. However, the unique thing in this situation is that you are buying and selling cryptocurrencies, such as Ethereum or Bitcoin. Consider the situation when you wish to buy Bitcoin from a person who lives nearby. The P2P exchange can help you connect with the right individual, at the right moment, and at the right location, so you can receive the best trading price and pay with a means that is convenient for both of you. \n\n\n\nP2P Trading On Binance\nBinance is an excellent choice when it comes to P2P trading as it gives access to a number of withdrawal options, payment methods, and transaction execution times. On Binance, users must complete the Know Your Customer (KYC) process to access P2P, margin, or futures trading platforms. Without the KYC, you may still deposit tokens to your account.\n\n\n\nHow To Buy And Sell Cryptocurrencies Using P2P Trading?\nYou must first create an account on Binance and pass the identity verification phase before you can conduct your first transaction on Binance P2P. \n\n\n\nPlease follow this guide to verify your Binance account.\n\n\n\nThe P2P sellers on Binance are subjected to a screening procedure that includes identity and business verification. Binance also offers a secure layer of protection for your transactions by validating all Binance P2P users.\n\n\n\nIt simply takes a few clicks to make your first transaction after the verification procedure. Here’s how you can do it:\n\n\n\nBuying Cryptocurrency On Binance P2P\n‍\n\nFor Web Users\n‍\n\nStep 1 \nLogin to your Binance account and navigate to Binance P2P page. If you do not have a Binance account, click on \"Register\" and follow the procedure. \n\n\n\nStep 2 \nOn the signup screen, enter your email address and create a password. Click \"Register\".\n\n\n\nStep 3 \nPass the identity verification test, turn on SMS verification, and add your preferred payment method.\n\n\n\nStep 4\nSelect \"Buy Crypto,\" then \"P2P Trading’’ located in the menu bar.\n\n\n\nStep 5 \nClick the ‘Buy’ button located right next to the cryptocurrency you want to buy. After filtering the price and \"Payment\" in the drop-down, choose an ad and press the \"Buy [cryptocurrency]\" button.\n\n\n\nStep 6 \nAdd a fiat currency amount or total quantity in cryptocurrency that you want to buy, and click \"Buy [cryptocurrency]\".\n\n\n\nStep 7 \nVerify the payment method and total price. You will have to make the payment within a specific timeframe given by the exchange. After making the payment, click on \"Transferred, next,\" and select \"Confirm.\"\n\n\n\nStep 8 \nAfter the seller releases the crypto asset, the transaction is concluded. To transfer the digital assets to your spot wallet, click on \"Transfer to Spot Wallet.\"\n\n\n\nYou may also see the crypto asset you just purchased by clicking \"Check my account\" above the button.\n\n\n\nIf you haven't received your crypto asset within 15 minutes of selecting \"Transferred, next,\" you may click \"Appeal,\" and an agent from customer support will help you complete your transaction.\n\n\n\nFor those who are trying to complete the process using their mobile phones, following the guide here.\n\n\n\nSelling Cryptocurrency On Binance P2P\n‍\n\nFor Web Users\n‍\n\nStep 1\nSelect \"Buy Crypto,\" then \"P2P Trading\" located at the top in the menu bar.\n\n\n\nStep 2\nClick on the cryptocurrency you wish to sell, choose a buyer who is offering the best rates, and click \"Sell\". Choose an ad, then click \"Sell\" after filtering the price and \"Payment\" in the drop-down menu.\n\n\n\nStep 3 \nEnter the amount you want to sell in fiat currency or in cryptocurrency and click the ‘’Sell’’ button.\n\n\n\nStep 4 \nThe transaction will now say “Payment to be made by buyer” with a countdown.\n\n\n\nStep 5 \nOnce the buyer has paid, the transaction status will change to \"To be released.\" Please double-check that you received money from the buyer through the payment app/method you selected.\n\n\n\nAfter you've confirmed the buyer's payment, press \"Confirm release\" and \"Confirm\" to send the crypto to the buyer's account. \n\n\n\nStep 6 \nThe buyer will receive the coins in their wallet. You may check your Fiat balance by clicking [Check my account].\n\n\n\nIf you have any problems with the transaction, you may contact the buyer using the chat window in the upper right corner of the page, or you can click \"Appeal\" and the customer care staff of Binance will help you complete the order.\n\n\n\nThe users using Binance mobile application, please follow this guide.\n\n\n\nBenefits Of P2P Trading On Binance\nThe Binance P2P exchange stands out among the various P2P options available in the crypto industry, due to the following features and benefits:\n\n\n\n1. Zero Fees\nOne of the most appealing features of Binance P2P is that it is free to use. When it comes to Binance P2P, unlike many other P2P platforms, you won't have to worry about giving a share of your transactions. With no hidden costs, you get exactly what you paid for.\n\n\n\n2. A Variety Of Payment Options\nYou may send and receive money for your transactions using any of the more than 150+ payment methods offered on Binance P2P.\n\n\n\n3. Enough Liquidity Available For Users\nAs the main P2P channel of the world's largest exchange by trading volume, Binance P2P has recorded significant volumes of both buy and sell transactions. The network has already processed over $7 billion in transactions, suggesting a high level of liquidity.\n\n\n\n4. Completion Rates Are High\nBinance makes sure to hold a high standard for its P2P market through strict rules for sellers. To keep their access to the platform, they must execute transactions promptly and with a high level of satisfaction. \n\n\n\n5. Service Of Escrow\nAs one of several safeguards on the platform, the Binance P2P’s escrow service includes a reserve mechanism for crypto money invested in any pending transaction. This method avoids theft or scams by establishing a second degree of trust, preventing scammers from taking your money or cryptocurrency without completing their side of the transaction.\n\n\n\n6. Transactions Are Swiftly Completed\nMerchants can limit the transaction lengths to 15 minutes on P2P platforms. This implies that you may complete a secure and fast P2P transaction with selected merchants in under 15 minutes.\n\n\n\nTypes of Scams In P2P Trading\nSome ill-intentioned individuals may take advantage of you if you are new in the world of cryptocurrencies, just as they do with other types of investments. The following are a few of the most frequent kinds:\n\n\n\nIdentity Theft Is A Serious Problem\nIt's also known as triangulation fraud. It is a scam in which your trading counter-party conducts transactions using a third-party payment account. Before you release crypto coins, they pay you with an account under another person’s name. Some people may provide you fresh payment account details via chat messaging and request that you transfer money to that account. They will claim that they did not get the money after you transfer the funds and hence will not provide you the cryptocurrency.\n\n\n\nVerifying the user's identity is the best method to avoid this issue. Before you begin the transaction, double-check that the payment account information matches the person's identification. If the payment account is not the buyers' or sellers', do not transfer money or release your crypto assets. \n\n\n\nReversible Payments\nThe reversible payment is another typical fraud. In such situations, a buyer will first send funds to your bank account in order to force you to surrender the cryptocurrency. The buyer makes a call to the bank within 72 hours and informs them that they have not made the transaction, therefore the bank will revoke the payment, resulting in a financial loss for you.\n\n\n\nAsking the buyer to provide you a snapshot of the transfer record as a confirmation of their purchase before transferring crypto is a simple approach to safeguard yourself from reversible payment. It is not possible for a user to argue that they did not make the payment in such a case.\n\n\n\nSteps To Avoid Scams On Binance P2P Trading\nScams can be avoided by following these simple steps:\n\n\n\nConfirmation Of Identity\nYou must complete identification verification, commonly known as KYC, before you can begin trading on Binance P2P. KYC ensures that users trade under their real names, and Binance maintains the right to examine any suspicious activity.\n\n\n\nEscrow Service\nBinance offers crypto escrow in all P2P deals to protect consumers' crypto assets. The quantity of crypto for the ad is immediately withheld from the seller's fiat wallet when the ad is placed. This implies that if the seller takes your money and does not deliver your crypto, or if the seller forgets to release your crypto on time, the customer service team of Binance can transfer the asset from the seller's wallet's reserved funds to your wallet.\n\n\n\nCustomer Support\nIf you encounter a problem during a P2P trade and are unable to reach an agreement with your counterparty, you can seek assistance from Binance’s customer care staff. To investigate and resolve issues, the customer service staff will contact consumers through email.\n\n\n\nYou may also file appeals to report and safeguard other users from suspicious individuals. If a person attempts to persuade you to make a deal outside the Binance P2P platform, ignore them and file a complaint. Remember, Binance cannot protect you if you perform trading outside of the site.\n\n(The article is collected from many different sources, giving you a more accurate view of P2P transactions safely. The above is my personal opinion, any details and criticism if you have additional information please leave a comment. Your opinion will help many beginners, even experienced in cryptocurrency have safer transactions. Thank you very much!)",
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      "body": "Hello welcome to Steemit world! \n I'm @steem.history, who is steem witness. \n This is a recommended post for you.[Newcomers Guide](https://steemitdev.com/guide/@steemitblog/steemit-a-guide-for-newcomers) and [The Complete Steemit Etiquette Guide (Revision 2.0)](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) and, recommended community [Newcomers Community](https://steemit.com/trending/hive-172186) \n I wish you luck to your steemit activities.<center> \n \n \n https://cdn.steemitimages.com/DQmXHwdcNs5VPcBft1iSosPdHLpBNBfjuG84g3ffWhMw5JQ/image.png \n <sub>(The bots avatar has been created using https://robohash.org/)</sub> \n @steem.history \n \n ### My witness activity \n - [My aspiration for STEEM witness](https://steemit.com/hive-185836/@steem.history/my-aspiration-for-steem-witness-1601280729) \n - Provides information on Steem.  \n [Reference](https://steemit.com/trending/hive-130095) \n - Supporting the Steem project. \n [SPUD4STEEM project](https://steemit.com/trending/spud4steem) \n - Supporting the community. \n [Newcomers Community](https://steemit.com/trending/hive-172186),[Steem Sri Lanka](https://steemit.com/trending/hive-133716) ,[WORLD OF XPILAR](https://steemit.com/trending/hive-185836), [GLOBAL STEEM](https://steemit.com/trending/hive-145160), [Scouts](https://steemit.com/trending/hive-181136), [Latino Community](https://steemit.com/trending/hive-188619) \n \n ### My featured posts \n - [The Complete Steemit Etiquette Guide (Revision 2.0) -Homage](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) \n \n [![image.png](https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)](https://steemlogin.com/sign/account-witness-vote?witness=steem.history&amp;approve=1) \n <sub>please click it!</sub> \n \n ![image.png](https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png) \n <sub>(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)</sub> \n \n </center>",
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      "title": "How will the post-COVID-19 world change?",
      "body": "2020 is a tragic year for the economy, especially the world tourism industry, according to the latest report of UNWTO, the number of international tourists has decreased by 72%. The global tourism industry has suffered more than 10 times more damage than during the global economic crisis in 2009. The drop in total tourism revenue is estimated at $1.1 trillion, indirectly causing losses. about $2 trillion for global GDP. The US and Europe have never welcomed a harsh Christmas like 2020.\n![0326_AFP_1OF85P_copy.jpg](https://cdn.steemitimages.com/DQmYpHqmsWL3ZfGA9DFyFnxd9W2Sp31uwRgcWr45wbf9yGC/0326_AFP_1OF85P_copy.jpg)\nSome trends of shifting the current world economic order\nCURRENCY EXPLOSION SHOCK, NFT\nRecently, NFT - a token system based on blockchain technology has suddenly become a hot topic and flooded the Internet. In Vietnam, there are now many organizations and individuals involved in cryptocurrencies and NFTs.\n\nCryptocurrencies and digital currencies are increasingly creating a stronger and stronger attraction around the world as well as in Vietnam. According to statistics, besides Bitcoin and typical media cryptocurrencies, the market currently has more than 5000 other cryptocurrencies being circulated in different forms.\nThe above are my personal views, if you are interested, please give me suggestions in the comment section and vote for me or email me at: [email protected]\nThank you for viewing my post",
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