Binance's first and main product is a cryptocurrency exchange, which began operating in 2017.
It presents various instruments: spot trading of digital assets and leveraged transactions, derivatives, section for P2P exchange. In addition, users have access to the opportunity to passively earn money on cryptocurrencies through staking and pharming, the function of issuing a debit card and other services.
According to the official website, as of June 2024, Binance supports over 600 crypto assets and over 40 fiat currencies. There are 200 million registered users on the platform. $BNB #binance #BNB #Бинанс
⚠️ Important: Next Wednesday, inflation data will be released in America, as well as the US interest rate decision, in a rare precedent that has never happened before in one day.
Cardano is an open source blockchain project, developed to power financial applications used by businesses, consumers, and governments globally. It can be used to send and receive digital money, ensuring fast and direct transfers that are cryptographically secured. The project features multi-layered development that allows a dedicated team of programmers and engineers to easily maintain and upgrade the blockchain using soft upgrades. The digital currency ADA is the native currency of the Cardano project.
When the price of Bitcoin was $1000, they said it was expensive! 🤦♂️$BTC It reached $20 thousand and they also said it was expensive! 🙃 It reached $70 thousand and they still say it is expensive! 🙄 Only the liquidity of the dollar that has been printed so far is 21 trillion dollars. Do you know how much 70 thousand is in it? 🤔 From 2019 to today, two printers 6 trillion 🤷♂️
Following the milestone achievement of #Binance over the weekend, I took some time to ponder on what this means for our industry and the broader finance landscape.
Binance is preparing to launch its second MegaDrop project
Binance is preparing to list a new coin soon, which is the $LISTA coin of the Lista Dao project I will show you some important details that you should know before listing the currency. What is Lista Dao Project? The project is based on liquid staking of BNB on the BSC network, in addition to its stable, decentralized operation. The project's biggest focus is on the liquid staking side of BNB.
$FLOKI things are looking super good for price action knocking on ATH, and likely going to flip in the coming few days, in addition DWF purchased $12m to help support the ecosystem further. $NOT any dips are being eaten, this is going much higher.
Technical Analysis: 1. Relative Strength Index (RSI): - The Relative Strength Index shows that BNB is in the heavy buying zone, indicating a possible price correction soon.
2. Moving Averages (SMA): - The 50-day and 200-day moving averages indicate an upward trend, which supports the positive long-term outlook.
3. MACD indicator: The MACD indicator is showing strong upward momentum, reflecting a strong performance of the currency.
Expectations and expected prices: - BNB price in 2024 is expected to range between $650 and $1,100, supported by bullish momentum and positive developments in the Binance ecosystem.
Influencing factors: 1. *For events and news: - Big news and developments, such as new product launches or system improvements, can boost the value of the coin.
2. **Regulatory environment**: - Changes in the regulatory environment may affect the price of BNB significantly.
the potential risks: 1.Market fluctuations: - The cryptocurrency market is known for its high volatility, which can greatly affect the price of BNB.
2. Competition: - The emergence of new projects and competitive platforms may affect BNB's market share and price.
In general, the outlook for BNB in 2024 is positive, but with the need to monitor external factors and potential market fluctuations. $BNB
Hi Binancians, We're excited to announce that Binance Square's newest updates are now live in app version 2.84. For a smoother and more efficient browsing experience, we recommend updating your app. Here is a breakdown of our latest features: Add Posts to Bookmarks, and Track Your Liked HistorySave your favorite posts for later viewing by adding them to Bookmarks. Easily track the content you've liked in the Creator Center. Experience a simpler way to manage content that intrigues you on Binance Square.Customize Image Size and Add Watermark to Your ImagesWhen adding images to long articles, you can adjust their size to meet your requirements. You can also enable the watermark feature to have your nickname imprinted on the images, providing a unique way to help promote your Binance Square profile.One-Click Switch from Short Post to Long ArticleWhen your post overflows the short post character limit, simply click "Switch to Article". This will transfer all your current draft into an article format, allowing you to continue creating your content seamlessly.Filter Latest Content Related to Specific TokensNavigate to the "Square" -> "Community" tab on each trading page to filter content related to specific tokens tailored to your preferences. Use the 'Trending' filter for system-recommended content and the 'Latest' filter for recently posted content. Stay Updated with All Things Binance Square Follow the official Binance Square account to keep up with the latest news, features, and updates, and ensure you never miss important information. Your opinion matters to us! If there's a product or feature you want to see implemented on Binance Square, don't hesitate to let us know. Submit your ideas through our customer support, and together, we'll work towards making Binance Square even better. Thank you for being a part of our community!
Because we’re unlocking so much potential! 🔑 From faster, cost-effective cross-border transfers to financial inclusivity for the 1.4 billion unbanked people globally.
Here's a great #Binance Blog article that covers this ⤵️
Megadrop details The project is Lista DAO and its currency is LISTA It starts on May 30 and ends on June 20 at 3 am Mecca time. The number of coins allocated to Megadrop is 100,000,000 (more than 40% of the total trading supply upon listing) The currency will be listed on June 20 at 1pm Mecca time.
How to participate in Megadrop
1- Store BNB BNB storage must be for a locked period, meaning that your coins are reserved for a specific period and you cannot unlock them until the end of this period. You can withdraw coins before the end of the period, but the amounts you collected will be deducted as profits, and you will receive your coins after 24-72 hours.
Storing BNB for a locked period has the advantage that you get APY returns, in addition to the fact that any Launchpool that occurs you participate in automatically without any intervention from you.
The storage period that she should choose is 30 - 60 - 90 - 120 days.
2- WEB3 task The Web3 mission is the most important thing you must do to get the largest possible number of Lista coins This is because this task only gives you 1000 points and gives you a 50% multiplier on the points of the BNB storage task.
All you have to do is use the Lista Dao protocol through the Binance Web3 Wallet Then stake a minimum of 0.01 BNB.