I think most people in this community are like me. What do I fear most? It's not market fluctuations, but the dreaded withdrawal process. I'm afraid the funds will be frozen right after they've landed on my account. That's such a hassle, it's truly heartbreaking!
So, everyone should pay attention to the new "C2C Strictly Selected Zone" on Binance @binancezh C2C! I've researched it, and it truly solves some of our pain points!
First, let's talk about the strictness of this "Strictly Selected" section. They aren't just randomly picking a few merchants to fill the bill; they're carefully selected from a select group of Shield merchants. They must have been Shield merchants for at least 90 days and have transacted with at least 1,000 users. Crucially, they must have no record of "user account anomalies due to merchant payments" within those 90 days. Neither the merchants themselves nor their management staff have a record of being investigated or frozen by the Shield.
To put it bluntly, the platform has put in place the strictest checks for us. Merchants who qualify for this zone are undoubtedly much more reputable than regular Shield merchants, providing a double layer of protection!
Next, let's look at the protection, which is the most practical aspect. The Yanxuan Zone now only supports withdrawals (selling coins), not deposits. This effectively reduces the risk of funding sources from the source, which I find particularly thoughtful. After all, the biggest concern with withdrawals is the "questionable origin of the funds." By limiting transactions to one-way transactions, the risk is initially reduced by half.
Then, even more crucial, is the compensation mechanism. Previously, ordinary SHIELD merchants would compensate 10% if a problem arose, with a maximum of 2,000 USDT per transaction.
Now, the Yanxuan Zone has increased this to 50%, with compensation reaching up to 20,000 USDT per transaction. Merchants must also submit a 100,000 USDT deposit. If a problem arises, 25% is withdrawn from the deposit, and the platform covers the remaining 25%.
For users, the 0.2% protection fee is worth it. Compared to the risk of withdrawal freezes, this fee is nothing. I remember previously, I hired someone to compensate me for a few cents below the market price, but I'm confident that safety comes first!
And since we're currently in the beta period (July 29th to August 17th), the 50% compensation remains valid, meaning you can still catch an early bird if you use it now. Enjoy it first!
Honestly, I've been using Binance P2P for quite a while now. With the launch of the Selected Zone, I can tell that #Binance is truly, as my cousin @cz_binance and @heyibinance have said, constantly focusing on and addressing the core needs of users!
When it comes to cryptocurrency trading, earning a lot or a little is one thing; securing your principal is paramount. People used to always ask, "How do I choose a safe merchant?" Now, that's no longer a problem. The platform directly selects the best merchants and displays them in a dedicated zone, making it easy for even beginners to choose!
Of course, there may still be some work to be done with this initial launch, such as whether they can add more currencies or streamline the process, but the current level of support is already reassuring compared to most other platforms on the market!
Feel free to give it a try and share any feedback you have. It's still a beta tester, so if you find any issues, raise them, and Binance will address them, we'll be perfect!
We recommend updating the Binance app (version 3.1.0 or higher) and trying out the "Select" section. If you've already used it, please provide feedback to the platform to help it become even better. After all, peace of mind is key for those of us who use CoinMarketCap. Withdrawals are a reassuring experience, allowing us to focus on the market, right?
For more details, please visit the official website: https://t.co/zC0eq0ktLz
@yayabinance @sisibinance @pearbinance @moonkimbinance
#BNB #BinanceCommunity $BNB
