Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
A recent announcement by Binance has sparked discussions among the #cryptocurrency community. The exchange has increased the transaction fee for USDT (TRC20) from $1 to $2.6 per transaction, which many consider to be a significant hike.While this fee increase may be inconvenient for some users, it is important to remember that #Binance is dedicated to providing a secure and reliable platform for its users. This fee increase could be necessary to ensure that it can continue to provide this level of service and maintain its infrastructure.However, the fee hike for #USDT (#TRC20) on Binance could cause some users to seek out alternative currencies with lower transaction fees, such as BNB with only $0.1 per transaction. It's important for us to stay informed about the latest developments in the cryptocurrency industry and make informed decisions about the currencies we use and the platforms we transact on.The TRON community recently passed proposal 83, which proposed modifications to the threshold of the dynamic energy model and the increase factor of the dynamic energy model. These changes could have an impact on the fee structure for USDT (TRC20) and other cryptocurrencies on the TRON network.It's an exciting time to be in the cryptocurrency industry as it continues to evolve and mature. Let's continue to stay informed and make informed decisions about our transactions.What are your thoughts on the recent fee hike for USDT (TRC20) on Binance? Are you considering alternative currencies with lower transaction fees? Share your insights and join the conversation.
53
47 Comments
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
1y
- Report this comment
I would love to hear more thoughts about it from the industry leading individuals.Anthony Day Pavel Matveev John Kraski Dainis Tka Davis Dargelis Jorge Carrasco Troitiño Harold Bossé Faisal Zaidi
1Reaction
Matt Zemon, MSc
Educator, Author, and Leader in Psychedelic Wellness | Passionate Community Builder
1y
- Report this comment
What alternatives to USDT (TRC20) are available for users who are affected by the fee increase?
1Reaction
Samantha Stewart
Sr. BDM at Ultimate Software
1y
- Report this comment
I hope Binance will reconsider this fee hike and find a way to balance its need for infrastructure maintenance with the needs of its users.
1Reaction 2Reactions
Ana Maria Grigore
How To Make Your First 10K As a Coach! 💰🚀 LEADS | PRODUCTS | SALES ✅ #FREEresources #weeklypodcast #community
1y
What will be the long-term impact of the fee hike on Binance and its users?
1Reaction
Davide Petramala
Director Strategic Partnerships at SoundHound | Scaling global GTM motions with strategic partners
1y
- Report this comment
What steps can Binance take to minimize the impact of the fee hike on its users?
1Reaction
Oliver Connors
Associate
1y
- Report this comment
😡 Binance, what were you thinking?!
1Reaction 2Reactions
Erika Seth
Loyalty / Rewards Solutions @ Almonds Ai
1y
- Report this comment
Opportunity for other coins 💰💡
1Reaction
kiran mote
Full stack developer
1y
- Report this comment
I appreciate the effort put into explaining the reason behind the fee hike. Understanding the motives behind these changes helps us make informed decisions.
1Reaction
Paola Pavan
I guide brands to successfully launch/expand into the USA market through strategic advisory and the right trade connections
1y
- Report this comment
I think this fee hike will push more users towards decentralized exchanges where they can have more control over fees and security.
1Reaction
M Usama
♚ 𝒟𝒾𝓇𝓮𝒸𝓉 𝓡𝓮𝓈𝓅𝓸𝓃𝓈𝓮 𝐂𝐨𝐩𝐲𝐰𝐫𝐢𝐭𝐞𝐫 | 💰 Getting brands 227%+ return-on-investment || Email Strategist || Web3 & Metaverse || Student Of Psychology || AI Expert
1y
- Report this comment
This fee hike is going to make it much more difficult for people to use USDT (TRC20) for day-to-day transactions.
1Reaction
To view or add a comment, sign in
More Relevant Posts
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
The ultramarine color of the #iPhone16 is absolutely stunning! What are your thoughts on it?
3
4 Comments
Like CommentTo view or add a comment, sign in
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
𝗪𝗵𝗮𝘁 𝗱𝗼 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸?Driving meaningful growth means ...more than just running campaigns—it’s about crafting experiences that build trust, engagement, and long-term value.Digital growth goes beyond numbers;it's about understanding the nuances of your audience,leveraging data-driven insightsand constantly evolving with the changing digital landscape. #DigitalGrowth #DigitalMarketing #GrowthHacking
Like CommentTo view or add a comment, sign in
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
Apple iPhone 16 Pro and iPhone 16 Pro Max Prices!What an amazing new update to the iPhone lineup. I will be sharing a review very soon.
4
5 Comments
Like CommentTo view or add a comment, sign in
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
Apple Events apple.comAnd it's 🔴 LIVEhttps://lnkd.in/dwYqVcgz#iPhone16 #Apple
1
Like CommentTo view or add a comment, sign in
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
Purple roses symbolize enchantment, mystery, and deep admiration – just like the beautiful bond we share. Thank you, Maryam Talal, Assoc. CIPD, for always making me feel special on my BIRTHDAY and reminding me of the magic in our love. 🌹💜 #ThankYouWife #Love #PurpleRose #OnMyBirthday
18
3 Comments
Like CommentTo view or add a comment, sign in
-
Talal Masood
Driving Digital Growth | Expert in Strategic Marketing, Data Analytics, and Performance Optimization (Full Stack Marketer) | Digital Growth Manager at Soloinsight
- Report this post
Do whatever makes you happy and build your dream life one day at a time.#Motivational
1
Like CommentTo view or add a comment, sign in
6,925 followers
- 2,396 Posts
- 4 Articles
View Profile
FollowMore from this author
- Enhancing Corporate Security: The Critical Role of Situational Awareness Talal Masood 2mo
- Business opportunities in Pakistan for foreign investors Talal Masood 1y
Explore topics
- Sales
- Marketing
- IT Services
- Business Administration
- HR Management
- Engineering
- Soft Skills
- See All
