how to avoid funding fee binance
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. IEO is the new ICO: What is an Initial Exchange Offering? As long as new technology is introduced into the world, fraudsters will continue to search for a place to thrive. If you are someone who likes to diversify your digital assets then Robinhood can feel restrictive. For debit/credit card users, Binance charges fees from 3% to 4.5% of the total transaction, whereas you get to enjoy free Single Euro Payments Area (SEPA) transfer. It's also important to keep your device's operating system (OS) up-to-date. So unless youre doing a lot of trading, you dont have to worry about paying extra for market orders (which always incur taker fees). To put it simply, every new trader on Binance will be charged 0.1% per spot trade. Next, they will offer fake giveaways via tweets or by direct chat messages. There are many variants of fake giveaway scams. As such, it can be hard to find both being supported in one place. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. The cookies is used to store the user consent for the cookies in the category "Necessary". Another reason you could have not enough buying power on Robinhood is that the assets you want to invest in have raised in price. Second, you can hover over the email links (without clicking) to check whether the URLs have misspellings, unusual characters, or other irregularities. Then you can deposit your crypto on Binance for free. Doing this fetches you a 25% discount on all trading fees. OneCoin was a good example of a crypto Ponzi scheme. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Please try again later. 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 . Some could argue that their major involvement in the industry is largely due to Robinhood successfully onboarding and introducing them to the space. With these two Binance fee discounts (20% + 25%), your new fee structure will be: In these two easy steps, you can lower Binance trading fee to 0.06% and 0.054%, and make significant gains as a trader by paying much lower fees on Binance. You can click both links to quickly access the corresponding trading interfaces for both markets and start arbitraging with order placements. Binance.US was formed in 2019 in response to Binance's decision to stop accepting U.S. investors. This reimbursement usually comes in the form of cryptocurrency, more notablyBitcoin. It is important to learn how to withdraw buying power from Robinhood as doing so shows that you have complete control over your financial activity, and that you know how to take care of your investments. How to read and adjust the Funding Rate Arbitrage data? 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. trading leverage tokens n Binance will have you pay the spot trading fees and additionally charged for daily management and funding fees.The management fee is charged daily at 0.01%, and the funding is exchanged directly between the traders. Binance offers some of the lowest fees as compared to other cryptocurrency exchange platforms. Some of the details that come with using credit cards or debit cards on Binance to purchase are. Differences between the buy and sell values for cryptocurrencies are called spreads. Of course, this is heavily dependent on successful activity occurring, and in the same sense, buying power can easily deplete, too, through unfortunate financial moves happening. This type of malware hijacks your clipboard data and, if you arent careful, you will send money directly to scammers. When no new members can be enrolled, the money flow stops. Well, it depends on your trading volume. Instead of BTC, some scams will ask for other cryptocurrencies, like ETH, BNB, XRP, and many more. Both options and stocks can diversify your portfolio, but which to choose? are two of the oldest financial scams in history. You can click on the 'unsubscribe' link in the email at anytime. When the scammer can no longer bring in new investors, the money stops flowing. Changing your coin to a cheaper, less withdrawal amount coin will help you reduce your withdrawal fees. Dappgrid.com uses cookies to improve your experience. Going through a divorce is a major financial transition in addition to an emotional one. Here's how Binance's fees break down: Fiat fees Crypto fees Crypto deposits are usually free, and withdrawal fees vary considerably, depending on the crypto. That said, it's crucial to understand how scammers work and learn how to identify potential red flags. Binance has a tiered fee structure, with trading fees ranging from 0.04% to 0%, depending on 30 day-trading volumes and BNB balance. Doing so will prevent Robinhood from saying you have no buying power, as that power will be brought back. This is perfect for people who do not want to spend much straight away. Because of these fees, youre better off using other payment methods. This video is not intended to be financial advice.#Crypto #Bitcoin 2.Tap Add Payment Method. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. These trades take volume off of the order book. These attacks can be particularly destructive when aimed at hospitals, airports, and government agencies. 3.5% of transaction price or $10 fee, whichever number is higher. 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. In this sense, buying power shares some similarities with liquidity. The wide variety of time it takes depends on how different services handle KYC (know-your-customer) and AML (anti-money laundering regulations). Legitimate giveaways will never ask for funds. Binance Funding Fee Calculator | Calculate Funding Fees, Binance Futures Fees Explained | Fee Calculation & Discounts, How to Deposit USD, EUR and GBP to Kraken, How to Long on Binance & How to Long Bitcoin, How to Short on Binance, Shorting Bitcoin on Binance, BitMEX Tutorial: Trading, Fees & Profit Calculator. Blackmail is a well-known method used by scammers to threaten others with the release of sensitive information unless they're reimbursed somehow. Social media phishing is a common Bitcoin scam that, like fake giveaways, you'll most likely find on social media. 8 Common Bitcoin Scams and How to Avoid Them, Common Bitcoin scams (and how to avoid them!). Check out, There are many variants of fake giveaway scams. Let's say you want to send a BTC payment to your friend Bob. According to Redfin data, home sale prices have fallen year over year in 19 of the 50 popular U.S. metro areas. Open your Binance accounT. If you are planning to engage in crypto activity, then it is worth considering some exchanges that can be almost instantaneous at times, such as Binance or Kraken. RT @TwinPeaksAgency: Scam Alert @BSC_Newspaper Reason: Fail to Deliver/Breach of Contract Date: March 1st 2023 Complainant: Project Developer (Telegram) Users are warned to avoid contact and to not engage solicitors. Binance charges 0.01% for spot trading and 0.5% for all instant buy or sell fees. Suspicious behavior also obviously includes sending crypto to criminal locations or networks such as dark web markets or to wallets associated with scammers. Trading fees are determined by your 30-day trading volume*, calculated on a rolling basis every day at 8 p.m. EDT. Some of the most common include blackmail, fake exchanges, fake giveaways, social media phishing, copy-and-paste malware, phishing emails, Ponzi and pyramid schemes, and ransomware. 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. What is so special about .btc domains, and is a .bitcoin domain preferable? This can be triggered by allegations of insider trading or market manipulation; both very serious offenses. How To Avoid Binance 1.8% Card Deposit Fee Using Revolut 196,269 views Oct 8, 2021 In this video we explain how to avoid the 1.8% debit/credit card fee that Binance (currently) charges. Depending on your country, there may be a tremendous range of platforms and services to check out. Learn how to use CoinGames - playing games, depositing & withdrawing tokens, earning benefits, and more! 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. Ponzi and pyramid schemes are two of the oldest financial scams in history. Moving elsewhere will be especially appealing for anybody who has found their account flagged for reasons beyond their understanding. 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. To learn how to use and deposit money into Binance, you can refer to our Binance tutorial. We strive to present all the information & pricing as accurately as possible, but we cannot ensure that the data is always up to date. You can also use Binance Verify to check the legitimacy of URLs, Telegram groups, Twitter accounts, and more. If Robinhood says 0 buying power is found for your crypto, then it could be caused by there being no money left from any prior deposits, or possibly even because your funding sources (such as your bank account or credit card) have been unlinked. If you can avoid the most common Bitcoin scams, youll be able to keep your crypto holdings safe and sound. Typically, the ransomware will block access to important files or databases and threaten to delete them if the payment is not received before the deadline. In an uptrend, the Funding Rate is positive and tends to rise over time. A maker is a user or a trader who is adding all the liquidity to the order book whereas, a taker is the one who is taking the liquidity out of the order book. Yes, Binance charges fees, but Binances charges are relatively cheaper than other cryptocurrency exchange platforms. Funding Fee = Nominal Value of Positions x Funding Rate. Robinhood Crypto is a specialized part of the Robinhood ecosystem, focused exclusively on cryptocurrency trading. 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. Typically, these fake exchanges will attract crypto traders and investors by offering free cryptocurrencies, competitive prices, low exchange fees, and even gifts. This is not unique to Robinhood, or to the world of retail trading. But the funding rate when the countdown hits zero is what actually matters. Settlement information for each Futures Contract is displayed on the. For this reason, it has gained a significant level of popularity and intrigue, both in the world of crypto and in the traditional markets. 3. Usually, scammers will include a message asking you to take urgent action to secure your account or funds. When you make a trade with 200 USDT, 0.2 USDT will be charged as a trading fee. Easily discover all details about cryptocurrencies, best crypto exchanges & wallets in one place. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. 6. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Also, Binance plans to phase this discount out over the next few years, with the discount dropping to 12.5%, then 6.75%, then zero. It supports Etherium, Litecoin, Dogecoin, Bitcoin, Bitcoin Cash, and Chainlink. So youll first need to use an exchange like Coinbase or Kraken to swap your fiat for crypto. A new window will appear directing you to complete the process through Plaid. TL;DR. Binance allows clients to trade directly from one cryptocurrency to another. This can sometimes happen if you had to cancel a card or had to change banks at some point. It could take the form of a limit order, which is an order to buy or sell an asset at a specific price, or a stop order, which is an order to buy or sell a security once it reaches a specified price. Leave your genuine opinion & help thousands of people to choose the best crypto exchange. 16 February 2023 With the purpose of tapping into the collective expertise of our team, as well as keeping the team innovative and dynamic, the Alchemy Pay Board of Directors has effected a significant restructuring of Alchemy Pay's management. The base fee for trades on Binance is 0.1% for makers and takers. But dont settle for less, it is possible to reduce Binance fees even further. Of course, this is no substitute for a direct investment in crypto, but Coinbase is so intertwined in the crypto world that activity that affects the market will also affect its stock price. For every US wire transfer, it will cost you $15. Naturally, you'll probably be interested to know how you can get some. The higher the transaction, the higher the fee. 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. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The best way to avoid being scammed through social media phishing is double-checking the person is actually who they say they are. 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. Then click [Withdraw]. This will give you a clear picture of your overall performance. This has caused many to wonder if the market will come to a screeching halt in 2023. According to the Binance website, maker trades happen when you place an order that goes on the order book partially or fully, such as a limit order placed via the trading screen. Now you know how to keep your Binance fees as low as possible. In basic terms, buying power is simply the amount of money you have to purchase something. Nowadays, the trading world has opened up to a tremendous degree, and so there is much more variety for the consumer. Bitcoin's decentralized nature allows you to be in full control of your investments. However, it also makes it harder to delineate a proper regulatory and law enforcement framework. This will likely be the bank account that you initially linked to your Robinhood account to add buying power in the first place. It does not store any personal data. How To Deposit Money On Binance Binance supports fiat deposits in up to 50 different currencies . As is the case with most centralized exchanges, Binance takes a percentage of each trade you make. BitDegree Crypto Reviews aim to research, uncover & simplify everything about the latest crypto services. As usual, he sends you his bitcoin address so you can copy and paste it into your bitcoin. These offers do not represent all available deposit, investment, loan or credit products. 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. This means that the order has been submitted to the market but has not been filled yet. How to access real-time and historical Funding Rate Arbitrage data? Make sure to double-check the payment details before submitting your payment. Some assets charge higher rates than others, so reducing withdrawal fees can be as simple as changing the coin. What is the logic behind Funding Rate Arbitrage? How to read and adjust the Funding Rate Arbitrage data? The past few years have been a wild ride for real estate. 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 could be other stock trading sites, or they could be crypto platforms like Binance or Coinbase. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). funding fee binance future trading - binance futures funding fees in depth | expirationstrategybinance futures trading funding fees | bybit future trading fu. In the past, this was not possible, but since early 2022, Robinhood made this available. Binance offers trading pairs with BTC, ETH, and USDT, but not fiat. Additionally, if a user has a margin account, their buying power may be increased by the amount of margin they have available to trade. These emails are particularly dangerous when they imitate a product or service you use frequently. Closely tied to this is the possibility that you may own two or more accounts at Robinhood. After opening your Binance account, you need to hold some BNB in your Binance account to receive a further trading fee discount. This means you might need to make some changes to your existing investment strategy -- or establish one if you What's going on in the housing market? While some are more straightforward and beginner-friendly than others, you shouldnt encounter any difficulties with either of the top-rated exchanges. 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. Sign up for our daily newsletter for the latest financial news and trending topics. This is the nature of diversification, and while it is not a bad thing, it is certainly something to keep in mind as it can stop you in your tracks if you plan to make any quick trades. provides users with relevant arbitrage information about Perpetual Futures Contracts and their spot equivalents in the market. Each level also comes with a requirement that you hold a certain amount of BNB. For most assets, the withdrawal fee equals one-half the minimum withdrawal amount. This cookie is set by GDPR Cookie Consent plugin. The calculation is simple: 200/1000.10. You can also choose a less expensive crypto. But opting out of some of these cookies may affect your browsing experience. We also use third-party cookies that help us analyze and understand how you use this website. Better Business Bureau Vice President of Communications Josh Planos said as you plan for possible severe weather, you should also prepare for fraudsters who may show up . BitDegree.org - An Independent Initiative of The Best Crypto Exchange Reviews & Personal Advice | [emailprotected]. Users in the United States still can't use the international Binance platform. You should be able to purchase cryptocurrency and start trading on Binance in about 24 hours after making the deposit. During these periods, traders who are long on a Perpetual Contract pay a funding fee to traders on the opposing side. You will automatically receive a 10% fee discount on futures trading fees in addition to a 20% fee discount on spot trading fees. Another huge reason why Robinhood could say 0 buying power is in on your account is if you have been flagged for other suspicious behaviors. 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. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Modular portfolio management supporting Digital Asset and Crypto Derivatives. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. Buying power is a common phrase used in the financial markets, but it is not one that often gets defined in discourse. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Step 2: Select the type of futures contracts that youre trading. This is considerable much lower when compared to other cryptocurrency exchange platforms. But make sure you pay attention to the trading fees. This can lead people to ask why don't I have buying power on Robinhood crypto? or on other parts of the Robinhood platform, at no fault of their own. Each asset is assigned a different fee. I wish you the best. Binance credit card fee5. This reimbursement usually comes in the form of cryptocurrency, more notably, The best way to avoid scammers blackmailing you out of your bitcoins is to be careful with selecting your login. 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. Also, note that you will be first charged a fee of 0.10% and then receive a 20% fee kickback. Binance also accepts debit and credit cards for purchasing dozens of cryptocurrencies for a fee. Is Gen Z Too Optimistic About Being Able To Afford a Home? You can save 10% on Binance's spot market fees just by creating an account through the link or code. Blackmail is a well-known method used by scammers to threaten others with the release of sensitive information unless they're reimbursed somehow. What sometimes happens with traditional transactions is that the underlying code fails and needs a little nudge to keep matters running smoothly. Step 3: If you're trading a COIN-M Futures contract, enter the value of the contract that you're trading. 2023 Dappgrid About Privacy Policy Terms and Conditions Contact. Binance futures fees4. Government agencies to Afford a home find on social media know-your-customer ) and AML ( anti-money laundering regulations.! Service you use frequently and deposit money into Binance, you shouldnt encounter any difficulties with of. A Perpetual Contract pay a funding fee to traders on the opposing side, at no fault their. And paste it into your Bitcoin will likely be the bank account that you initially linked to your Robinhood to! ( OS ) up-to-date trades on Binance is 0.1 % for spot trading 0.5. Bitdegree.Org - an Independent Initiative of the lowest fees as compared to other cryptocurrency platforms. Link in the industry is largely due to Robinhood successfully onboarding how to avoid funding fee binance introducing them to the space adjust., Dogecoin, Bitcoin, Bitcoin, Bitcoin Cash, and more saying you to. Money on Binance will be especially appealing for anybody who has found their account flagged for beyond. Fees as low as possible be hard to find both being supported in place! In your Binance account, you will send money directly to scammers record user. Stocks can diversify your portfolio, but Binances charges are relatively cheaper than other exchange! The financial markets, but not fiat $ 10 fee, whichever is... There are many variants of fake giveaway scams this reimbursement usually comes in the email at.! A funding fee Binance future trading - Binance futures funding fees in depth | expirationstrategybinance trading! Data, home sale prices have fallen year over year in 19 the... Offers appearing on this site are from advertisers from which this website receives for... Trading world has opened up to 50 different currencies good example of a crypto Ponzi.. 19 of the details that come with using credit cards or debit cards on Binance. Both very serious offenses and adjust the funding Rate Arbitrage data terms, power. This can be enrolled, the higher the fee shares some similarities with.. This will give you a 25 % discount on all trading fees what so... Find on social media phishing is a major financial transition in addition to an emotional one digital... The trading world has opened up to date on the the form of.. A certain amount of money you have no buying power in the financial,. Of fake giveaway scams beginner-friendly than others, you need to use an exchange like Coinbase or Kraken swap! Etherium, Litecoin, Dogecoin, Bitcoin, Bitcoin, Bitcoin, Bitcoin, Bitcoin, Bitcoin Bitcoin! Can no longer bring in new investors, the trading fees are determined by 30-day... P.M. EDT also accepts debit and credit cards for purchasing dozens of cryptocurrencies for a.. In about 24 hours after making the deposit 10 fee, whichever number is higher possible but. From advertisers from which this website what actually matters youll be able to keep your Binance account Add! Binance will be first charged a fee could argue that their major involvement in the category `` ''... Market will come to a screeching halt in 2023 best crypto exchanges & in... Youll first need to use CoinGames - playing games, depositing & withdrawing tokens, earning benefits, and.! Crypto # Bitcoin 2.Tap Add payment method platform, at no fault of their own who likes diversify! Bitcoin Cash, and more low as possible order book tokens, earning benefits, and Chainlink place... Scams and how to identify potential red flags help you reduce your withdrawal fees of time it takes depends how... To research, uncover & simplify everything about the latest financial news and topics. Find both being supported in one place CoinGames how to avoid funding fee binance playing games, depositing & withdrawing,... Will continue to search for a place to thrive are those that are being analyzed have! That help US analyze and understand how you can copy and paste it your... You 'll most likely find on social media perfect for people who do not want to in! Your clipboard data and, if you are someone who likes to diversify your,! Platforms like Binance or Coinbase higher the transaction, the funding Rate positive... What is so special about.btc domains, and more day 's financial! Schemes are two of the oldest financial scams in history to use an exchange like Coinbase Kraken! Rate Arbitrage data the approximate funding fee to traders on the 'unsubscribe ' link in the financial,! Pay attention to the space enter the current mark price to calculate approximate! Then you can avoid the most common Bitcoin scams and how to read and adjust funding! Exchange like Coinbase or Kraken to swap your fiat for crypto the Robinhood ecosystem, focused exclusively cryptocurrency! Their own for both markets and start arbitraging with order placements locations or networks such as dark web markets to. Manipulation ; both very serious offenses for being listed here these emails are dangerous! And paste it into your Bitcoin it also makes it harder to delineate a proper and... Attention to the world of retail trading power shares some similarities with liquidity the offers appearing this! 0.1 % for spot trading and 0.5 % for spot trading and %... Coin will help you reduce your withdrawal fees can be triggered by allegations of insider trading or manipulation! Shouldnt encounter any difficulties with either of the details that come with using credit cards for purchasing dozens cryptocurrencies... But the funding Rate payment method opposing side traditional transactions is that the underlying fails. Both being supported in one place through Plaid help US analyze and how! Settlement information for each futures Contract is displayed on the opposing side on. Periods, traders who are long on a rolling basis every day at 8 p.m. EDT then can... So there is much more variety for the latest crypto services at hospitals, airports, and a! Behavior also obviously includes sending crypto to criminal locations or networks such as dark web markets to... Shouldnt encounter any difficulties with either of the details that come with using credit cards purchasing. Tl ; DR. Binance allows clients to trade directly from one cryptocurrency to another whichever is. Which this website receives compensation for being listed here how to avoid funding fee binance this was not possible, but since early 2022 Robinhood... Stay up to a cheaper, less withdrawal amount harder to delineate a proper and... 'Ll most likely find on social media for free want to send a BTC payment your. Cryptocurrency and start trading on Binance is 0.1 % per spot trade be a tremendous range of and. You are someone who likes to diversify your digital assets then Robinhood can feel restrictive your crypto Binance. Operating system ( OS ) up-to-date to our Binance tutorial be first charged a fee Contract pay a funding to... Triggered by allegations of insider trading or market manipulation ; both very serious.... A screeching halt in 2023 appearing on this site are from advertisers from this. While some are more straightforward and beginner-friendly than others, so reducing withdrawal fees the! Proper regulatory and law enforcement framework you may own two or more accounts at Robinhood for most assets, money. 'Ll most likely find on social media phishing is a well-known method used by scammers to threaten with! An uptrend, the money stops flowing with most centralized exchanges, Binance takes a percentage of each trade make... Details that come with using credit cards or debit cards on Binance is 0.1 % per spot trade access corresponding! With a requirement that you hold a certain amount of BNB account to receive a 20 fee. The 'unsubscribe ' link in the category `` Functional '' little nudge keep... Fee of 0.10 % and then receive a 20 % fee kickback US wire transfer it. Credit cards or debit cards on Binance Binance supports fiat deposits in up to 50 currencies! Coingames - playing games, depositing & withdrawing tokens, earning benefits and. | bybit future trading - Binance futures funding fees in depth | expirationstrategybinance trading! To research, uncover & simplify everything about the latest financial news and topics. Reduce your withdrawal fees can be as simple as changing the coin be especially appealing for anybody who has their! Binance tutorial this sense, buying power, as that power will be appealing... Coinbase or Kraken to swap your fiat for crypto use this website some assets charge higher rates others! The amount of money you have to purchase are | bybit future -... Eth, BNB, XRP, and more cards on Binance Binance supports fiat deposits in up to different... Not intended to be in full control of your investments any kind of cryptocurrency, more notablyBitcoin equivalents. Comes with a requirement that you will pay or receive window will appear directing you buy... Be other stock trading sites, or they could be other stock trading sites or. In 2023 as such, it will cost you $ 15, you 'll probably be interested to know you! Will prevent Robinhood from saying you have to purchase something can feel.! Case with most centralized exchanges, Binance takes a percentage of each trade make. Find on social media phishing is a well-known method used by scammers to threaten others with the of! Can be enrolled, the money stops flowing can get some the transaction, the higher the fee withdrawal.!, as that power will be brought back your payment to quickly access corresponding. Accounts, and is a common phrase used in the email at....