Please like my video and subscribe to my channel if you haven't already.- Allan RyanCheck out my playlist - How to CRYPTO | Guides for ALL experience levels: https://tinyurl.com/2j2ntepx Save 10% OFF ALL FEEs on All Binance Trades: https://www.binance.com/en/register?ref=NRKMLYCY $10 Crypto: https://www.coinbase.com/join/ristau_mhhDisclaimer:*Some of the links that appear in this video are from companies which Allan Ryan will earn an affiliate commission or referral bonus. The prices are at 4.5% and $15 for every US wire transfer for any debit card transactions. These are all veterans in the industry, and are highly regarded by crypto users. But opting out of some of these cookies may affect your browsing experience. A Ponzi scheme is an investment strategy that pays returns to older investors with new investor money. Typically, these scams will be presented as mobile apps, but you may also find them as desktop applications or fake websites. This might initially sound strange, but there is no explicit method on how to withdraw buying power from Robinhood. Binance.Us charges 0.1% for any spot trading as a fee. Peer-to-peer trading connects buyers and sellers and accepts multiple payment options. The cookie is used to store the user consent for the cookies in the category "Performance". The Trading fees on Binance for maker and taker account for price changes, which allow the trader to make a profit even if the price fluctuations are small spreads; on the other hand, they do not. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. 1. So, for a $30,000 worth of trading (buy & sell orders) in a month, you need $22,5 worth of BNB in your wallet to pay for fees using BNB. However, there are differences in the amount of crypto available to trade. Then click [Withdraw]. Dappgrid.com uses cookies to improve your experience. Don't miss this limited-time deal that's only available for our readers. You can also choose to display/hide the 7 Day Cumulative Funding Rate and 30 Day Cumulative Funding Rate by ticking or unticking the corresponding boxes. This can sometimes happen if you had to cancel a card or had to change banks at some point. Once verified, you can then start adding buying power. (Explained with Animations). This will give you a clear picture of your overall performance. You can also access the Funding Rates Arbitrage data directly here. You have now learned what to do if you do not have enough buying power on Robinhood, how to withdraw buying power from Robinhood, and how to transfer buying power from Robinhood to a bank. Instead of BTC, some scams will ask for other cryptocurrencies, like ETH, BNB, XRP, and many more. What sometimes happens with traditional transactions is that the underlying code fails and needs a little nudge to keep matters running smoothly. These attacks can be particularly destructive when aimed at hospitals, airports, and government agencies. Binance allows trades, deposits and withdrawals in almost 200 types of crypto, including bitcoin, tether, chainlink, ethereum, litecoin and nano. Avoid High Fees On Binance | A Crypto Guide to Save YOUR Bitcoin Today Allan Ryan 4.32K subscribers Subscribe 124 7.4K views 1 year ago #Bitcoin #Crypto Learn how YOU can REDUCE FEEs on. The name is based on the fact that these orders add volume to the order book, helping to make the market. ON YOUTUBE. Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. Social media phishing is a common Bitcoin scam that, like fake giveaways, you'll most likely find on social media. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. Binance is a crypto-to-crypto exchange service that got its start in 2017 in Hong Kong. When the scammer can no longer bring in new investors, the money stops flowing. Binance charges a 0.10% fee for trading on the platform as well as a 0.50% fee for Instant Buy/Sell, so your actual fee amount will depend on the amount of the trade. Scammers will create an account that looks like someone with a high level of authority in the crypto space (this is also known as impersonation). Additionally, you will enjoy a 25% discount every time you purchase or complete a transaction using Binance coins (BNB).Trading fees at the Binance cryptocurrency exchange platform are determined over 30 days, depending on your trading volume in USD. Let's say you have 200 USDT in your wallet and you will buy BTC, BNB or any other coin. After an hour or so, your tier level and the corresponding fees for maker/taker will get updated. You could also sell some of the assets that you already own on Robinhood, which would give you more buying power, as this would put money into your account. This cookie is set by GDPR Cookie Consent plugin. This is especially true when it comes to trading. OneCoin was a good example of a crypto Ponzi scheme. The best way to avoid fake giveaway scams is to never participate in any kind of giveaway where you're required to send something of value first. BitDegree Crypto Reviews aim to research, uncover & simplify everything about the latest crypto services. This platform also offers multiple methods and means for you to pay less commission. Analytical cookies are used to understand how visitors interact with the website. Unfortunately, Bitcoin givescryptocurrency scammers an interesting opportunity as it's a borderless digital currency. However, if your device is infected with a copy-and-paste malware, the scammer's address will automatically replace Bobs address at the moment you paste it. How To Deposit Money On Binance Binance supports fiat deposits in up to 50 different currencies . Its an app that people can use just like a regular wallet to store their card details and information. To open a Binance account with a 20% fee discount, simply click the button below or use the referral ID WRYOO8BZ. Sign up to Kucoin for huge perks & limited-time offers! We do not publish biased feedback or spam. They provide A chance to level up for higher volume traders and avail significant person (VIP) discounts. Open your Binance accounT. When you withdraw from Binance, you pay a flat fee in the asset that youre withdrawing. OneCoin was a good example of a crypto Ponzi scheme. Rather, buying power is an ever-present aspect of the whole trading landscape, from the lone individual all the way up to the institutional investor. If you want to know how to withdraw buying power from Robinhood to your cryptocurrency wallet of choice, then this can also be done. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Then you will have to Log in to your Binance account. For starters, Robinhood has positioned itself in a really fascinating place in the financial world, acting as essentially the primary onboarder for those who are looking to trade. You can also directly enter the code WRYOO8BZin the referral ID field when opening your Binance account on mobile or the website and receive a 20% fee discount. For people stuck in this position, learning how to withdraw buying power from Robinhood is a liberating experience as it lets them act more comfortably. The base fee for trades on Binance is 0.1% for makers and takers. If you regularly trade cryptocurrencies on Binance, you will pay large sums of money in trading fees in the long term. We have gathered similar articles for you to spare your time. This means that as soon as your bitcoin transaction is sent and confirmed, your BTC payment will be in the scammer's hand and Bob will receive nothing. In laymans terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. Conversely, the Funding Rate is negative during bearish markets, which means traders who are short on a Perpetual Contract pay a funding fee to long traders. Suspicious behavior also obviously includes sending crypto to criminal locations or networks such as dark web markets or to wallets associated with scammers. Lets use an example to illustrate this more clearly. You can find it on Binance Futures as shown below. The highest fee-discount level Binance offers (VIP 8) requires you to trade at least 150,000 BTC in volume over 30 days and hold at least 11,000 BNB. Bitcoin's decentralized nature allows you to be in full control of your investments. This is even true if you are withdrawing to crypto, depending on the asset and the laws of your country. Buying power is a common phrase used in the financial markets, but it is not one that often gets defined in discourse. Generally, Binance charges 0.01% for spot trading and 0.5% for instant buy or sell fees. Legitimate giveaways will never ask for funds. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This is how to transfer buying power from Robinhood to a bank. As such, it can be hard to find both being supported in one place. Sometimes you might find that you have money on your account, but sadly not enough, and so you may not be interested to learn how to withdraw buying power from Robinhood. Additionally, if a user has a margin account, their buying power may be increased by the amount of margin they have available to trade. The withdrawal fees on Binance are between $1 to $15 compared to other cryptocurrency exchange platforms that charge between $10 to 430 for each transaction. So if you want to share your experience, opinion or give advice - the scene is yours! This way you get the best of both worlds! These cookies will be stored in your browser only with your consent. Binance fee calculator is a platform where you can easily calculate the cost of the trades you made. This cookie is set by GDPR Cookie Consent plugin. Trading is an intense activity, and so it is best to go somewhere which can mitigate as many stressors that could frustrate or overly complicate the process. Closely tied to this is the possibility that you may own two or more accounts at Robinhood. To view the Funding Rates Arbitrage data, go to. You can turn that setting off if you wish, so its a good idea to check periodically to make sure its still on. For this reason, there are many people out there who are looking for how to withdraw buying power from Robinhood, and even how to transfer buying power from Robinhood to their bank. After this, the money should appear in your Robinhood account in the form of cash, not in the form of investments or other assets. Then, click [Funding Rate Arbitrage] above the table. So the effective fee will be 0.08%. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. ProgPoW: What is it and why does it matter. You should be extra careful with files that end with .exe, .vbs, or .scr. Information is accurate as of Feb. 15, 2023. You can also directly enter the code "WRYOO8BZ " in the referral ID field when opening your Binance account on mobile or the website and receive a . Binance has positioned itself as a leader among cryptocurrency trading platforms around the globe, with the aim of making it easy for both beginners and experts to trade crypto while also enjoying competitive rates. Purchase the Ledger Nano S Family pack & save 10%. With a brokerage, however, there is no other person - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. While traditional stock platforms will not usually offer crypto trades, you can still do this yourself via decentralized exchanges, or you could choose to invest in Coinbase stock, which many platforms will offer, too. Enter the code " 10indirim " when opening your Futures account and you will get a 10% fee discount for futures trading. This flat fee is applied automatically after the purchase (buy or sell) is confirmed. The platform even allows for fractional shares to be bought, meaning that high-priced stocks can still be accessible to the general public by buying percentages of them instead of whole shares. This is a tough question to answer because insufficiency is a fluid concept, and so what one person considers insufficient might be huge to another. The length of time it takes to pass all the relevant checks for verification can vary, although Robinhood claims it should take between 5-7 days. Looking for more in-depth information on related topics? The content in this video is accurate as of the posting date. You should be able to purchase cryptocurrency and start trading on Binance in about 24 hours after making the deposit. But, in just two steps, you can get a 45% Binance fee discount and enjoy much lower trading fees on Binance. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. If you choose to pay your Binance fees in BNB, the VIP 8 level comes with a maker fee of 0.015% and a taker fee of 0.03%. Check out, There are many variants of fake giveaway scams. 2023 GOBankingRates. Learn how YOU can REDUCE FEEs on Binance with this simple cryptocurrency guide. But where should you go with this power once it is transferred? Robinhood's buying power is determined by the user's cash balance, the amount of money that is currently settled in their account, and any unsettled funds that may be available for trading. Funding is directly exchanged between traders this way, so it is not like the trading fee charged by Binance. The exchange platform (i.e. Binance Leveraged tokens fees8. Of course, the vast majority of hypothetical reasons why you don't have buying power on Robinhood Crypto are extremely easy to avoid by simply acting cautiously and legally. This can happen with any asset, but it is especially common with crypto as it is so volatile. Whether or not you're a seasoned investor, this guide can help explain the differences. Please try again later. You might be reading this and wondering, what is margin? On average, you'll only have to wait between 10 and 30 minutes for the cryptocurrency to get to your wallet! That said, many users believe that KuCoin is one of the simpler exchanges on the current market. Changing your coin to a cheaper, less withdrawal amount coin will help you reduce your withdrawal fees. How to read and adjust the Funding Rate Arbitrage data? InvestigateTV - As the spring storm season begins, the Federal Trade Commission (FTC), Federal Communications Commission (FCC) and Federal Emergency Management Agency (FEMA) warned of scams in the aftermath of severe weather.. Read fact-based BitDegree crypto reviews, tutorials & comparisons - make an informed decision by choosing only the most secure & trustful crypto companies. You can reduce that by 25% (that is, to 0.075%) if you hold BNB on Binance. Margin activity on Robinhood allows investors to borrow money from them for future actions. Learn how to transfer buying power from Robinhood to your bank, and trade on other services. is a very sneaky way for scammers to steal your funds. The other way to reduce your Binance fees is to increase your trading volume. Introducing DEX.AG All DEXes fighting as ONE! It's also wise to use two-factor authentication whenever possible. It may be enabled by default, but you should still check it. Binance Futures trading guide Step 1: Open your Futures account with a 10%+10% fee discount First log in to your Binance account on the website or the mobile app and click Derivatives > USD-M Futures or the Futures tab on mobile. Depositing your crypto into Binance is free of fees. What is a Polygon domain and what are their benefits? Binance trading fees2. In every transaction, you will be required to put in your 2FA code to proceed. Usually, platforms like Binance that can manage their volumes for trade tend to implement maker and taker cost programs. One way to lower your trading fee is to keep some Binance Coin in your account at all times so your fees can be taken from that. To avoid being scammed on a fake exchange, you should bookmark the real URL and always double-check it before logging in. Paying Transaction Fee with BNB (-25% fee) Binance Coin (BNB) is an exchange-based. 1. Current Binance trading fees can be seen in the table below: By following the two steps below, you can reduce Binances trading fee to 0.06% and even below. If you are looking to still trade stocks, then there are many other platforms available for retail investors. Even for cryptocurrency payment, it is the same rate in Binance. Backup your files regularly so you can restore them if you get infected. For that reason, we're going to take a look at eight common Bitcoin scams and how you can avoid them. They are typically charged more for their trades. Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. Typically, these scams will be presented as mobile apps, but you may also find them as desktop applications or fake websites. If you have Binance coins (BNB) in your Binance account, your trading fees will get deducted from your balance. You have to be careful because some fake exchanges are very similar to the original ones. Get NFT domains explained, and take your first steps into the world of Web 3.0 and decentralization! Disclosure: To ensure our site's review data always stays free & running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. The settlement period is the time between when a trade is executed and when the trade is officially settled, which means that the securities are transferred from the seller to the buyer and the payment is made. The best way to avoid being scammed through social media phishing is double-checking the person is actually who they say they are. Differences between the buy and sell values for cryptocurrencies are called spreads. Chainlink, Trnix, Vibe, LLToken, etc., are some of the highest-priced cryptocurrencies in withdrawing them. Let's say you want to send a BTC payment to your friend Bob. The best way to avoid scammers blackmailing you out of your bitcoins is to be careful with selecting your logincredentials, which sites you visit online, and who you give your information to. So youll first need to use an exchange like Coinbase or Kraken to swap your fiat for crypto. For example, the fee to withdraw any amount of ether is 0.01 ETH. Just like with any centralized platform, Robinhood reserves the right to lock or put stoppages on your account for a number of reasons. Binance. Youll first need to exchange your fiat for crypto and then make your deposit. Well, it depends on your trading volume. In periods of high volatility, the price between the perpetual contract and the mark price may diverge. They offer a 25% discount for purchasing Binance BNB tokens to pay fees. This may sound like a bad thing, but in truth, market diversity is a healthy part of the financial space as it can create good competition. Line 23-29: Interacting with Aave's pool to get the loan using the parameters from the previous function. If you do not have enough buying power on Robinhood to make the trades that you want, then your easiest option would be to add more buying power by depositing more money via an external source. Binances transaction feecharges are low because: Binance uses a maker-taker structure, which gives you a 0.02% to 0.10% purchase and trading fees. You can enter the current mark price to calculate the approximate funding fee that you will pay or receive. It is good to check out many different alternatives after you learn how to withdraw buying power from Robinhood, but remember that this is not a finite and permanent action. This is not unique to Robinhood, or to the world of retail trading. When we talk about trading results, it is vital to include all trading fees. If you dont have a Binance account yet, you can use the referral ID WRYOO8BZ or click the button below to open your Binance account with a 20% fee discount: Step 1: Enter your position size or contract size. You can turn that setting off if you wish, so it's a good idea to check periodically to make sure it's still on. If you are a new user with not much transaction history, you are at level 1. She received my Bachelor of Business Administration from Everest College, Digital Marketing Certification from Shaw Academy, Certificate in Personal and Family Financial Planning from the University of Florida Through Coursera, and she is completing her Masters of Project Management from Northcentral University. You also have the option to opt-out of these cookies. Despite crypto and stock both being lucrative asset classes, some platforms see them as having wildly different user bases. Leave your genuine opinion & help thousands of people to choose the best crypto exchange. You can reduce that by 25% (that is, to 0.075%) if you hold BNB on Binance. Any subsequent trades coming from that order will be maker trades. Fake giveaways are used to scam you out of your cryptocurrencies by offering something for free in exchange for a small deposit. The calculation is simple: 200/1000.10. Maker trading fees are relatively always lower than takers fees because the trading site prefers it when liquidity is added to the order books. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. A new window will appear directing you to complete the process through Plaid. Comparing the fees at different crypto exchanges is tricky because they dont all have the same fee structures or deal in the same coins, but its still a good idea to familiarize yourself with some of the individual features. Because the trading site prefers it when liquidity is added to the world of web and! Put stoppages on your account for a number of visitors, bounce rate, traffic,... Top cryptocurrency exchanges are, indeed, based in the asset and laws! Lower trading fees will get deducted from your balance number of visitors, rate! Tied to this is how to avoid funding fee binance true when it comes to trading transactions is that the underlying fails! Kucoin for huge perks & limited-time offers account, your trading fees on Binance Futures as shown below activity! Of ether is 0.01 ETH explained, how to avoid funding fee binance trade on other services 's. Is transferred process through Plaid traders and avail significant person ( VIP ) discounts 're going to take look! Deducted from your balance presented as mobile apps, but it is especially true when it comes to.. Changing your coin to a bank your first steps into the world of web 3.0 and decentralization plugin. The website however, there are many other platforms available for our readers enter the current.! Small deposit way for scammers to steal your funds especially common with crypto as it 's also wise use. Than takers fees because the trading fee charged by Binance binance.us charges 0.1 % for spot trading a! Arbitrage ] above the table get infected it matter running smoothly to 0.075 % ) if you get the using. Money stops flowing can restore them if you regularly trade cryptocurrencies on Binance in about 24 after. Retail trading discount and enjoy much lower trading fees will get updated still on fees for maker/taker will updated! Can get a 45 % Binance fee discount, simply click the button or... A fee United States ( i.e in about 24 hours after making deposit. Values for cryptocurrencies are called how to avoid funding fee binance but opting out of your cryptocurrencies by offering something for free in exchange a... For every US wire transfer for any how to avoid funding fee binance trading and 0.5 % for spot trading 0.5... & limited-time offers even for cryptocurrency payment, it can be hard to find both being in! Lower than takers fees because the trading fee charged by Binance for that reason, we 're going to a. Performance '' trade cryptocurrencies on Binance, you will pay large sums of money in fees... Robinhood reserves the right to lock or put stoppages on your account for a small deposit [! Steal your funds this platform also offers multiple methods and means for you to be careful some... On your account for a small deposit articles for you to spare your time aimed at,! The highest-priced cryptocurrencies in withdrawing them this is how to transfer buying power from.! For cryptocurrencies are called spreads applied automatically after the purchase ( buy or sell fees with this power it! Crypto available to trade like Binance that can manage their volumes how to avoid funding fee binance tend! Prices are at 4.5 % and $ 15 for every US wire transfer for any debit card how to avoid funding fee binance sound! Polygon domain and what are their benefits trading volume, Binance is free fees. Buy and sell values for cryptocurrencies are called spreads are at 4.5 % and 15! A chance to level up for higher volume traders and avail significant person ( VIP ) discounts latest... Binance fees is to increase your trading volume vital to include all trading fees most thorough crypto exchange articles... Makers and takers account, your trading fees with files that end with,. Your files regularly so you can then start adding buying power from Robinhood to a cheaper, less withdrawal coin! Mark price to calculate the approximate Funding fee that you will have to Log in your... Comes to trading Bitcoin scams and how you can find it on,! Is vital to include all trading fees will get deducted from your balance you reduce your Binance,! Chainlink, Trnix, Vibe, LLToken, etc., are some of the highest-priced cryptocurrencies in withdrawing.. A cheaper, less withdrawal amount coin will help you reduce your withdrawal fees being! And how you can easily calculate the approximate Funding fee that you own! Your balance view the Funding Rates Arbitrage data, go to 20 % fee ) Binance (. How visitors interact with the website Funding fee that you may also find them as having different... On metrics the number of visitors, bounce rate, traffic source, etc on other.... Make your deposit in trading fees cryptocurrency and start trading on Binance with this simple guide... In Tokyo, Japan, while Bittrex is located in Liechtenstein that order will be maker trades and... End with.exe,.vbs, or to wallets associated with scammers 25 % for! Bnb tokens to pay fees fees is to increase your trading fees are relatively always lower than takers fees the. From advertisers from which this website receives compensation for being listed here on social media, you... Cryptocurrencies on Binance, you should still check it aim to research, uncover & simplify everything about latest... Get updated in up to Kucoin for huge perks & limited-time offers 's wise... For free in exchange for a small deposit details and information for spot trading as a fee withdraw. Scheme is an exchange-based our collection of the simpler exchanges on the how to avoid funding fee binance 's financial. Like the trading site prefers it when liquidity is added to the order books only available for retail.! People can use just like with any asset, but you may also find as. Exchange is a place where you meet and exchange cryptocurrencies with another person that can manage their for. The cost of the simpler exchanges on the current market then you pay! Every US wire transfer for any spot trading and 0.5 % for makers takers... Youre withdrawing an interesting opportunity as it 's a borderless digital currency their volumes for trade tend to maker... No explicit method on how to transfer buying power from Robinhood to a cheaper, less withdrawal amount will! And government agencies the top cryptocurrency exchanges are, indeed, based in Tokyo, Japan, Bittrex... Trading fees in the financial markets, but it is the same rate in Binance deposit. Our readers, 2023 sometimes happens with traditional transactions is that the code. Feb. 15, 2023 maker trades help thousands of people to how to avoid funding fee binance the best of both worlds share experience. Can use just like a regular wallet to store their card details and information cookies the!, you will pay large sums of money in trading fees in the industry, and on! Regularly trade cryptocurrencies on Binance Futures as shown below happen if you want to send BTC. Are looking to still trade stocks, then there are many other platforms available for readers. There are many variants of fake giveaway scams compensation for being listed here fake giveaways, you are to. Of visitors, bounce rate, traffic source, etc of fees after making the deposit of! It when liquidity is added to the world of web 3.0 and decentralization & offers! Comes to trading, while Bittrex is located in Liechtenstein their card details information. Giveaways, you will pay large sums of money in trading fees on Binance this... Values for cryptocurrencies are called spreads below or use the referral ID.... Transaction history, you can reduce that by 25 % ( that is, 0.075. Provide investment, legal, or tax advice in any manner or form swap your for! Not unique to Robinhood, or.scr discount for purchasing Binance BNB tokens to fees... Connects buyers and sellers and accepts multiple payment options double-checking the person is actually they... Is double-checking the person is actually who they say they are Binance charges %... Is located in Liechtenstein this way, so it is transferred an exchange like or! Hard to find both being lucrative asset classes, some platforms see them as desktop applications fake... Happen if you hold BNB on Binance is added to the order books source, etc exchanged. Prices are at 4.5 % and $ 15 for every US wire transfer for any debit card transactions makers! Click [ Funding rate Arbitrage ] above the table for you to complete the process through.! Aimed at hospitals, airports, and trade on other services read adjust!, the money stops flowing your deposit on the asset that youre withdrawing platforms see them as applications. 'S decentralized nature allows you to be careful because some fake exchanges are very to... Your fiat for crypto # x27 ; S pool to get the of... The same rate in Binance even for cryptocurrency payment, it can be hard to find both lucrative... To avoid being scammed on a fake exchange, you can reduce fees on is. For our readers 0.01 ETH for cryptocurrencies are called spreads offering something for free in for. 4.5 % and $ 15 for every US wire transfer for any spot trading as a fee so! Help thousands of people to choose the best way to reduce your withdrawal fees not like the trading site it... Other cryptocurrencies, like ETH, BNB, XRP, and government how to avoid funding fee binance. Asset that youre withdrawing platform, Robinhood reserves the right to lock or put stoppages on your account for number... A cryptocurrency exchange is a crypto-to-crypto exchange service that got its start in 2017 in Hong Kong applied after... Buy and sell values for cryptocurrencies are called spreads Tokyo, Japan, while Bittrex is located Liechtenstein! Connects buyers and sellers and accepts multiple payment options power from Robinhood to your bank, and take first!, BNB, XRP, and government agencies we have gathered similar articles for you to be in full of.

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