โ ๏ธ This is the most important rule you must memorize to avoid scams when selling your balance: never release the cryptocurrencies based on a text message, an email, or a screenshot the buyer sends you. Go directly to your bankโs app and verify with your own eyes that the bolรญvares are available in your account. Only when you confirm the real money credited, press the release button in the app. Remember that once the balance is released, it canโt be reversed. ๐ซ๐ฑ
๐ฒ To buy balance, go to the P2P section, select the Buy tab, and choose USDT. In the filters, select the VES currency and your preferred payment method, such as Mobile Payment. Choose a merchant with a good completion percentage and open the order. The app will show the sellerโs bank details. Make the Mobile Payment from your bank app, save the receipt, press the button "Transferred, notify the seller" and attach the screenshot. In a few minutes, the seller will release your USDT to your wallet. โณ๐ณ
๐ค The acronym P2P stands for Peer-to-Peer or "person-to-person." Itโs a marketplace integrated into the app where you buy or sell USDT directly with other Venezuelan users using your local bank accounts or Pago Mรณvil. The platform acts as a secure intermediary or "custodian": when you start a trade, the app holds the sellerโs cryptocurrency until the buyer transfers the bolรญvares and both parties confirm the payment. This way, no one can keep your money without fulfilling their part of the transaction. ๐ก๏ธ๐ป๐ช
๐ผ Within your app, youโll see the Funds Wallet section. This is where your balances are stored so you can use them day to day. From there, the money comes out when you make quick payments with Binance Pay or when you buy and sell in the P2P market. If you bought a balance and donโt see it on your main trading screen, donโt worry: itโs most likely saved in this section. You can move your balance between the Spot wallet and the Funds wallet in seconds and for free. ๐๐ธ
๐ Imagine that networks in crypto are like different shipping companies for parcels. If you want to send or receive funds, both parties must use exactly the same network. TRC20 (from the TRON chain) is one of the most used thanks to its low fees and high speed. If you send USDT on a different network than the one the other person told you, the funds can be irreversibly lost along the way. Always verify that the source network and the destination network are exactly the same before confirming. โ๏ธ๐
What is USDT and why do they call it โDigital Dollarโ?
๐ต If youโre just getting started, youโve probably heard about the famous USDT every day. In simple terms, USDT is a digital currency designed to always be worth the same as one US dollar ($1 USD = 1 USDT). This type of asset is called a stablecoin, or stable money. Unlike Bitcoin, which can swing up and down sharply in price, USDT doesnโt change in value. Thatโs why, in Venezuela, itโs used as an ideal tool to protect money from devaluation, save in a strong currency, or make digital payments without surprises. ๐ก๏ธ๐ฑ
๐ฒ Do you want to make a payment or transfer funds without entering data manually? The app has a QR code scanner built into the main screen. Just press the camera icon located in the top-right corner of the app and point it at the other personโs code. The app will automatically complete the recipientโs information so you only have to enter the amount and confirm. You can also upload a QR image from your phoneโs gallery to process it quickly. ๐โจ
โโก Sending balance to a friend or family member within the platform is incredibly easy and completely free. You donโt need long account numbers or complicated processes. Simply open the Binance Pay menu from the top-right corner, select Send, and enter the other personโs email, phone number, or user ID. Type the amount, confirm with your security key, and the transfer will arrive instantly to the recipientโs Funds Wallet. Itโs the ideal tool for making everyday payments without paying charges. ๐ธ๐ค
๐ When you enter the Wallet tab, youโll see several sections at the top. The two main ones you need to know when you start are Spot and Funds. The Spot wallet stores your main balance for direct swaps within the app. The Funds wallet is the one you use to make payments to other users, use the Binance Pay option, or make transactions in the P2P market. You can transfer your money from one wallet to another as many times as you want, instantly, and with no commissions. ๐๐ผ
๐ A very serious beginner mistake is taking a screenshot of your passwords or saving them in your phoneโs notes. If you lose your device or itโs stolen, the person who has it could easily access your account. Always write your passwords and access codes in a physical notebook that you keep in a safe place in your home. Also, donโt share your data with anyone via chat. Remember that no administrator or official technical support will ever ask you for your password. ๐๐ซ
๐ก๏ธ Did you know that within the app you can create a unique security stamp for your emails? Look for the Anti-Phishing Code option in the security section of your profile. Set a secret word that only you know. From that moment on, every legitimate email sent by the platform will include that exact word at the top. If you receive a message that is supposedly official but doesnโt show your custom code, youโll know right away that itโs a scam and you should ignore it. โ ๏ธ๐ต๏ธโโ๏ธ
๐ Relying on a password alone is not enough to protect your digital funds. Itโs mandatory to enable two-step verification from the appโs security menu. This tool will ask you for a unique temporary code on your phone every time you attempt to log in or withdraw funds. That way, even if someone you donโt know discovers your secret key, they will never be able to access your account without physically having your mobile device in their hands. Take two minutes and set it up today! ๐๐ฒ
๐ To be able to use all the tools on the platform and move your money without restrictions, you need to complete identity verification. Go to your profile settings and select the Verified option. The system will ask you for a photo of your official identification document and a quick facial scan using your phone camera. This process takes just a few minutes and is the only way to ensure that no one else can pretend to be you or claim access to your account. ๐๐ก๏ธ
Switch to Binance Lite so you donโt feel overwhelmed
โ๏ธ Do you feel like the home screen has too much information and difficult-to-read charts? Donโt make it complicated when youโre getting started. Go to your profile in the top-left corner and enable the Binance Lite option. This simplified version clears the screen, enlarges the buttons, and shows you only the essential features to view your balance or perform simple transactions. Once youโre comfortable with the appโs basic controls, you can switch back to Pro whenever you want. Start without stress and navigate at your own pace. ๐ก๐
๐๏ธ A quick privacy trick you should enable today. If you use the app while youโre on the street, on public transport, or surrounded by people, donโt leave your money in plain sight. On the Home or Wallet tab, youโll see an eye-shaped icon right next to your total balance. Tap it and all amounts on the screen will automatically be hidden with asterisks. That way, you can check your account or make transactions anywhere without curious people around you seeing how much money you have saved๐
Welcome to Binance Square! ๐ If youโre reading this from Binance Square, congratulations! Youโve already taken the first step by installing the app on your phone. Itโs normal to feel uncertain or see lots of numbers and confusing buttons at first. Donโt worryโthis platform is much easier to use than it looks. In this channel, youโll find a step-by-step guide thatโs short and to the point, to help you learn how to manage your account from scratch. Youโll learn how to protect your funds, use your wallets, and move your money with complete security. Follow us so you donโt miss any tips! ๐ฑโจ
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