Quick Tips to Make Money with Crypto on Binance đ Earning crypto for free on Binance is easy with several methods. Check out some popular options below:
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1. Binance Earn: - Launchpool: Stake Binance Coin (BNB), Tether (USDT), or other assets in Launchpool to earn new tokens for free. - Savings: Use Flexible or Locked Savings to earn daily interest on your crypto holdings.
2. Staking: - Locked Staking: Lock your crypto assets for a set period to earn additional token rewards. - ETH 2.0 Staking: Stake Ethereum (ETH) in Binanceâs Ethereum 2.0 program to receive rewards.
3. Referral Program: - Invite friends with your referral link to join Binance and earn commissions from their trading fees, paid in crypto.
4. Binance Card Cashback: - Make daily purchases with your Binance Visa Card and get up to 8% cashback in BNB.
5. Airdrops: - Participate in airdrop campaigns and receive free tokens from new projects by meeting specific criteria.
6. Quiz & Learn Campaigns: - Take part in educational quizzes about crypto projects and earn free tokens as rewards.
7. Binance Liquid Swap: - Provide liquidity for trading pairs and earn rewards through trading fees and additional tokens.
Explore these methods to grow your crypto on Binance while enjoying the platform!
đđ HOW TO MAKE $10 DAILY ON BINANCE đ„đ„ Claim Your Reward Nowđ§§đđ§§đ
Here's how you can achieve that goal with a simple strategy:
đ„ STEP 1: CREATE A BINANCE ACCOUNT
Sign up for a free Binance account to start your crypto trading journey.
đ„ STEP 2: DEPOSIT $10 INTO YOUR ACCOUNT Fund your account with at least $10 to begin trading.
đ„ STEP 3: CHOOSE YOUR CRYPTOCURRENCY Select a cryptocurrency to trade wisely, as it will determine your potential returns.
đ„ HOW TO MAKE $10 DAILY WITH $100 INVESTMENT:
Focus on volatile currency pairs with daily fluctuations of 10-20%. These pairs offer the best opportunities for quick gains.
For example, if you invest $100 and track a currency pair that increases by 10%, you'll earn $10. Repeat this process daily for consistent $10 profits.
**Top Cryptos That Could Turn $1000 Into $1M by 2025** đ°đ
As the crypto market grows, a few coins are standing out for their potential to deliver huge returns. Investors are hunting for undervalued assets that could transform small investments into major gains by 2025. đ
Here are five cryptocurrencies making waves: đ
1. **Shiba Inu (SHIB)** đ Shiba Inu is positioned for growth after breaking through key resistance levels. With bullish momentum, it could rise by 15%, making it a solid choice for those seeking strong returns. đ
2. **Pepe Coin (PEPE)** đž Pepe Coin has seen a drop in short-term holders, stabilizing its price and lowering the risk of sell-offs. With a more stable market, PEPE may be ready for significant upward movement. đč
3. **Dogs (DOGS)** đŸ DOGS is testing key resistance levels and could see a bounce that leads to a rally. Investors are keeping an eye on its progress, with potential breakout gains ahead. đ„
4. **Solana (SOL)** âïž Solana continues its upward trend, nearing its March 2024 highs. Currently trading at $146, it could hit $160 as momentum builds, offering long-term growth potential. đ
5. **Rexas Finance (RXS)** đŠđĄ Rexas Finance is changing the real estate and asset markets through blockchain tokenization. Its innovative platform allows users to invest in tokenized real estate and assets, breaking traditional barriers. With strong presale performance, RXS looks promising for long-term investors. đ
**RXS Giveaway** đ Rexas Finance is giving away $1 million, with 20 winners each receiving $50,000 USDT. Boost your chances by completing tasks and referring friends! đ€
These five coins present exciting opportunities for investors aiming to multiply their investments by 2025. Rexas Finance, in particular, stands out as a potential game-changer in the blockchain world. đ #BinanceLaunchpoolHMSTR #EIGENonBinance
How to Avoid Panic Selling Your Crypto During Market Fluctuations
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One of my friends told me he sold all his crypto during a market crash last night, but by morning, prices started to pump, leaving him with only losses. This is a common story among panic sellers. Let's explore how to avoid panic selling during volatile market cycles.
đ Volatility is Normal in Crypto The crypto market is known for its volatility, with prices moving up and down rapidly. It's essential not to panic every time the market behaves unpredictably.
đ Don't Panic During a Downtrend Downtrends are part of the market cycle. Price corrections are healthy and offer buying opportunities. Imagine if prices only went upâthere would be no risk or reward. Waiting for a market correction can provide great chances to buy into altcoins at a lower price.
đ° Only Invest What You Can Afford to Lose Youâve probably heard this advice before: never invest money you canât afford to lose. Here's the key: if you invest $100 you rely on each month and the market crashes, you'll feel pressured to sell at a loss. But if you invest spare funds, you can hold through the downturn, giving you more flexibility.
âł Focus on Long-Term Results Think about the long-term. If you had invested in Bitcoin in 2014 at $250 and held until 2024, when its price is around $60,000, you'd be looking at massive gains. Now, imagine selling strong crypto coins during a market crashâhow much more could you have made by holding for just a few months?
đ Use Dollar-Cost Averaging (DCA) The DCA strategy is a smart way to avoid panic selling. By buying altcoins during every dip, you lower your average price and reduce the impact of short-term price swings.
đŹ Talk to Others Don't hesitate to talk with experienced crypto traders or experts. Share your experiences and seek adviceâsometimes a fresh perspective can help you stay calm and make better decisions.
Predictions for the Price of Cardano as Hoskinson Says Biden Is "Killing Crypto"
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On Friday, the price of Cardano (ADA) fell 4% after it encountered heavy resistance at its 21DMA again and despite claims made by Charles Hoskinson, the cryptocurrency's inventor, that US President Joe Biden is attempting to destroy crypto.
With the 21-day moving average (DMA) around $0.467, ADA has been unable to break out of its week-long rally and was last trading around $0.445.
The bears clearly have the upper hand in this market because of it.
Traders are keeping an eye on the statements made by Cardano's creator in addition to the price forecast.
He warned crypto holders that the Biden administration's goal is to "destroy the US crypto industry" if they voted for him in November.
The 2023 price of ADA was significantly affected by the SEC's explicit classification of it as a security.
"Operation Choke Point 2.0" was allegedly launched by the Biden administration with the goal of debanking US crypto businesses.
The SEC has used various tools, such as SAB121, to try to limit cryptocurrency. Biden has been vocal in his opposition to SAB 121, which is being challenged by the US House.
Can We Expect Cardano's Price to Drop to Zero? In the short term, the price of Cardano (ADA) is not looking good. Starting in late March, the Bitcoin encountered severe resistance near its 21DMA.
Retesting the current lows around $0.40 seems probable given the bearish sentiment. As it encounters resistance at its 21DMA, the Cardano price is on the verge of a bearish breakthrough. $ADA #altcoins #ADA
đOn May 10, the total net outflow of Bitcoin spot ETFs was $84.65 million. âąGrayscale ETF (GBTC) experienced an outflow of $103 million. âąBlackrock ETF (IBIT) experienced inflows of $12.43 million. âąFidelity ETF (FBTC) saw an inflow of $5.3 million.
đ Unlocking Bitcoin's Potential: A Dive into Layer 2 Innovations! đ
1. Introduction to BTC Layer 2 Solutions: - BTC Layer 2 (L2) solutions are built atop the Bitcoin blockchain to boost speed and reduce costs while maintaining security.
2. Types of BTC Layer 2 Solutions: - Lightning Network: Enables instant, low-cost payments through payment channels. - Sidechains: Independent blockchains allowing token transfers alongside Bitcoin. - Statechains: Facilitate off-chain transfer of bitcoin custody without third-party trust.
3. Benefits of BTC L2 Solutions: - Increased Throughput: Handles more transactions, easing congestion. - Reduced Fees: Avoids high fees during peak usage times. - Enhanced Privacy: Some L2 solutions offer improved transaction privacy.
4. Challenges and Considerations: - Complexity: May deter less tech-savvy users. - Security: Introduces new security risks. - Interoperability: Seamless interaction with main blockchain needs refinement.
5. The Future of BTC Layer 2 Ecosystem: - Crucial for long-term scalability and utility of Bitcoin. - Promises enhanced functionality for everyday transactions and complex agreements.
6. Conclusion: - Despite challenges, BTC Layer 2 solutions hold immense promise for Bitcoinâs evolution. - Stay tuned for updates as we explore and understand the impact of these innovations!
đ Learn more: Explore the latest developments in BTC Layer 2 solutions and join the transformative journey at [SLOR Community](https://slordao.medium.com/).
$PEPE This is my Plan for Pepe! My limit are placed, now I patiently waiting for the outcome. I will take this trade on the challenge account 1H TF. Always follow your own plan and always use Stop Loss! #altcoins #Memecoins #pepe ćèȘż #pepepumping
đ«šđ„Dogecoin ($DOGE ) Price Eyes âGolden Crossâ, A Mega Rally ahead?
#Dogecoin (#DOGE ), the world's largest meme coin, is laying the foundation for the upcoming mega rally as the cryptocurrency market continues its upward trajectory. The Dogecoin price chart shows that the altcoin is approaching the very popular 'Golden Cross', which is aimed at rewarding long-term investors.
Dogecoin Gold Cross Pattern As of the press date, the Dogecoin (DOGE) price is trading at $0.145 with a market capitalization of $ 20.92 billion. It is currently trading at an 85% gain since the beginning of the year. From a broader perspective, despite the recent correction over the past four days, the overall upward trend remains intact. We also witnessed strong Dogecoin whale activity in the market earlier this week.
On closer inspection, there are even more reasons to be optimistic: The 50-week simple moving average (SMA) of the token's spot price is currently rising. If this trend continues, it may intersect with the 200-week SMA in the coming weeks.
This convergence will create the golden cross, a significant event that has not been seen on Dogecoin since early 2021. During this previous event, DOGE launched a remarkable rally and reached an all-time high above $0.73 per cryptocurrency just four months later. In simple terms, if a gold cross is formed, this indicates that new buyers are making profits faster than long-term owners, who performed slower in previous days. For investors, this usually indicates a potential shift towards an bullish trend and is interpreted as a strong buying signal that signals the end of a bearish trend and the beginning of an bullish trend.
The first positive indicator of Dogecoin's price appeared in March, when it exceeded the 200-week SMA, which led to an increase of more than 70% within a week. This move contributed to the rise of the SMA 200, breaking its previous recession. As mentioned, if the expected Golden Cross comes true, it will be the first in more than three years. #Memecoins #binance
In the volatile landscape of cryptocurrency markets, Ethereum and Solana have become notable focal points for investors and analysts alike. Ethereum, the leading altcoin by volume, and Solana, often dubbed as a significant contender, are both experiencing pivotal price movements. These fluctuations highlight the intricacies and uncertainties inherent in the market.
đș Insights into Solanaâs Market Position
Solana shows signs of gearing up for a potential rise above the $160 mark, a key resistance level identified by the 50-day Exponential Moving Average (EMA). This EMA is not only a crucial indicator of mid-term market trends but also often acts as a robust level of resistance or support. If Solana successfully surpasses this threshold, it could trigger a substantial upward price movement. However, the current bearish market sentiment and low trading volumes complicate this outlook. Historical trends suggest that reduced volumes might reflect a lack of market confidence in sustained positive momentum.
đș Assessing Ethereumâs Current Challenges
On the other hand, Ethereum is currently struggling to breach the 100 EMA mark. Remaining below this critical point suggests a reluctance among traders to commit to a bullish stance on Ethereum. This reluctance is also mirrored by its price hovering below $3,100, distancing it further from a clear upward trajectory. Should Ethereum continue to operate below the 100 EMA, it could prompt a retest of the lower 50 EMA, potentially redefining its market strategy.
đș Key Takeaways for Investors
â«ïž The 50 EMA and 100 EMA are critical technical indicators that could dictate the short-to-medium term price movements of Solana and Ethereum respectively.
â«ïž A successful break above these levels may signify a turning point, whereas failure to do so could reinforce bearish trends.
â«ïž Investors should monitor trading volumes as they provide clues about the marketâs confidence and potential price directions. $SOL $ETH #SOL #ETH
đ« **Warning: Three Meme Coins Approaching Crash Zone!**
In the dynamic crypto realm, three meme coins are on the brink of a potential crash and burn scenario in May.
âłđ **Shiba Inu (SHIB-USD):** - đ Primarily driven by speculative investments and hype. - â Lacks substantial utility, raising concerns about long-term sustainability. - đ Market corrections and discerning investors could spell trouble for SHIB's future.
âłđ **Bonk (BONK-USD):** - đ Reliant on airdrops and social media buzz for growth. - đ Faces challenges amidst a saturated meme coin market. - â Limited utility beyond speculative trading, risking loss of momentum.
âłđ **ApeCoin (APE-USD):** - đ Linked to the declining NFT market and internal issues within the Bored Ape Yacht Club project. - đ Declining investor enthusiasm amid waning interest in NFTs. - â Faces uncertainty about its future amidst doubts surrounding the project.
In conclusion, while these meme coins experienced hype and rapid growth, their susceptibility to market sentiment and limited utility make them risky investments. Investors should consider selling before a potential market downturn. Stay informed with #CryptoWatchMay2024 ! đđ
â ïž Crypto Expert Reveals How To Find 'High-Risk High Reward' Meme Coins
đș Crypto trader highlights how traders should study market conditions before investing in meme coins.
đș He noted three waves to be identified before investing, in which wave the meme coin is in currently.
What Happened: The researcher highlights the potential of meme coins with stories of individuals turning $1,000 into a million dollars within a month. However, the reality is often different with many traders buying a meme coin thinking they are early but they land up at zero.
He cited the real example of someone who bought $600 worth of Pepe on the first day it was tradable, sold the same day for a $60 profit, but could have made $9 million if they had held on. He recommends having a combination of two approaches for playing the game well:
đș Meme coins tend to perform best during specific periods, such as Q1 2024 and Q2 2023.
đș Studying parabolic moves and adoption waves, as meme coins often experience explosive growth followed by steep corrections.
He breaks down the adoption waves of meme coins into three distinct phases:
đž đȘđźđđČ đŒđ»đČ: Riskiest but offers the highest potential rewards, early buyers positioned to make substantial gains. (Examples: Popcat, Grok, BOME)
đž đȘđźđđČ đđđŒ: More challenging, as traders must determine whether a meme coin will continue its upward trajectory or fade away. (Examples: Dogwifhat, Pepe, Bonk)
đž đȘđźđđČ đđ”đżđČđČ: Least risky, as the meme coin is already established. Potential returns are lower compared to earlier waves. (Examples: Dogecoin, Shiba Inu)
He cautions investors/traders of influencers and "shillers" who may have their agendas, but not to ignore them entirely, as they can provide valuable information.$PEPE $BOME #Memecoinsđ€đ€ #BinanceLaunchpool #altcoins #BTC
JUST IN: đźđł #Binance obtains registration with India's Financial Intelligence Unit.
While the exchange has obtained a registration with the Financial Intelligence Unit, it has yet to receive a verdict from its ongoing hearing. Furthermore, the worldâs largest exchange will likely face a hefty fine before resuming its services in the nation.
According to a statement, âBinance is registered but the compliance proceedings are not completed. Furthermore, âthe amount of penalty has to be decided by me and that hearing is still going on.â
Binance, KuCoin and several other prominent crypto platform were sent notices by the Financial Intelligence Unit last year. According to authorities, the entities did not follow anti-money laundering laws. The FIU had stated, âseveral offshore entities though catering to a substantial part of Indian users were not getting registered and coming under the Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT) framework.â
Nonetheless, Binance reentering the Indian market would be a positive development for the company. India is one of the biggest crypto markets in the world, with one of the largest number of crypto users. #BinanceLaunchpool #ETHETFS #Binanc #BTC
đ±đ«šCardano Creator Says Joe Biden Is Trying to 'Kill Crypto'
A fight over a non-binding resolution passed in the US House of Representatives has turned into a broader battle, pitting the crypto industry against the Biden administration.
âThe Biden administration has made a coordinated effort to kill crypto," #Cardano creator #charleshoskinson wrote on Twitter.
Yesterday, the White House said the US President. #JoeBiden ,H.J. Res., who demanded that the Securities and Exchange Commission (SEC) withdraw a staff newsletter related to digital asset retention accounting. he would veto resolution 109. The resolution won a bipartisan vote of 229-193, Decrying the Sec's views as impeding American innovation in the digital asset space.
Hoskinson declared the move only the latest in what he called "Operation Chokepoint 2.0."" âThis November, if you vote for Joe Biden as a cryptocurrency holder, please understand that the goal of this administration is to destroy the American cryptocurrency industry," he said in a Twitter livestream late Wednesday. "Understand this. It's obvious.â
The White House argued that the decision would harm the Sec's efforts to protect investors in crypto markets and protect the broader financial system. But crypto enthusiasts don't see it that way - and many believe that former president Donald Trump will be a better option in the November elections.
âThe [Trump] administration has had problems, but for the most part it has ignored our industry," Hoskinson said.
"The executive is tone deaf and continues to pursue the same policy, which has cost tens of thousands if not hundreds of thousands of American jobs, as well as the loss of a trillion-dollar industry," Hoskinson said.$BTC #BinanceLaunchpool #BTC #altcoins