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🎉 Happy 7th Birthday, Binance! 🎉
Thank you for revolutionizing the crypto industry and making trading accessible to millions worldwide. Your dedication to innovation, security, and user experience has set a gold standard in the industry. Here's to many more years of growth, success, and continued leadership in the crypto space!
#BinanceTurns7
Thank you for revolutionizing the crypto industry and making trading accessible to millions worldwide. Your dedication to innovation, security, and user experience has set a gold standard in the industry. Here's to many more years of growth, success, and continued leadership in the crypto space!
#BinanceTurns7
LIVE
Binance Announcement
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#BinanceTurns7: Invite Friends to Celebrate Binance's 7th Anniversary and Share 700 BNB Rewards!
This is a general announcement. Products and services referred to here may not be available in your region.Fellow Binancians,
To commemorate our 7th anniversary, Binance is excited to introduce a new limited-time referral promotion, where all eligible users will stand a chance to share 700 BNB in token vouchers. During the Promotion Period, eligible users can invite friends to sign up with Binance using their unique referral link obtained on the Activity page and stand a chance to win up to 7 BNB! The more friends you invite, the larger the rewards!Promotion Period: 2024-07-10 08:00 (UTC) to 2024-07-23 23:59 (UTC)
How to Participate
Click [Join Campaign] on the Activity page to confirm your participation.Click [Invite Friends] to get your referral link on the Activity page. Share the link with your friends and ask them to register for a Binance account.Ensure that each referral reaches a cumulative trading volume of at least 100 USD equivalent via Binance Spot during the Promotion Period.
Start Referring and Earn Rewards
Promotion A: Refer 7 New Users to Earn up to 0.07 BNB in Token Vouchers
When the user (“referrer”) successfully invites a new Binance user*, the referrer will receive a 0.01 BNB token voucher and the new user will receive a 0.005 BNB token voucher.
*A successful referral means that the new user registers via the referrer’s referral link and achieves a cumulative trading volume of at least 100 USD via Binance Spot during the Promotion Period.
Please note:
Each referrer can earn up to 0.07 BNB from 7 successful referrals.Each new user registering via this Promotion can get up to 0.075 BNB in token vouchers, which include:One-time new user reward of 0.005 BNB when they register for a Binance account via the referrer’s referral link and complete a cumulative trading volume of at least 100 USD via Binance Spot.After registering, the new referral can refer their friends to Binance and get up to 0.07 BNB from 7 successful referrals.Rewards are limited and will be distributed based on a first-come, first-served basis.
Promotion B: Be the First 777 Referrers and Earn An Extra 0.1 BNB
The first 777 referrers who complete all of the following requirements will also get an additional 0.1 BNB reward:
Complete 7 successful referrals (Promotion A), All their new referrals who register during this Promotion Period collectively reach a total cumulative Spot trading volume of 3,000 USD.
The first 777 referrers will be ranked based on the time they register for the Promotion (click [Join Campaign] on the Activity page).
Promotion C: Be the Top 7 Referrers and Earn Up to 7 BNB
The top 7 referrers that have the highest number of successful referrals can earn up to 7 BNB as rewards, as per the reward structure below:
RankingRewards per Eligible User (in Token Voucher)1st place7 BNB2nd - 3rd place3 BNB each4th - 7th place2 BNB each
Please note:
Users can be qualified for rewards from both Promotion A and B, or C. Rewards for Promotion B and C are mutually exclusive, users may qualify for one reward only from Promotion B and C. If an eligible user qualifies for the rewards from both Promotion B and C, they will only receive the reward with the higher value (i.e., up to 7 BNB token vouchers from Promotion C).
Terms & Conditions:
Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.The referrer must share the referral link from the Activity page. Other referral links or codes do not qualify users for this Activity. Sub-accounts cannot be used to participate in this promotion. Spot trades that are completed with a sub-account will not count toward the trading task requirement. Binance will use the price of the USDT trading pair at trading time to calculate the value of the trades completed on Binance Spot during the Promotion Period. If there is no USDT pair for a specific cryptocurrency, it will be converted to another token or coin with a USDT pair to determine its value. For EEA users, trading volume of unauthorized stablecoin pairs will not be counted as valid trading volume. Referrers must complete account verification (KYC) during the Promotion Period to be eligible for any rewards. Rewards Distribution:Promotion A:0.01 BNB token vouchers: Eligible users must click the [Claim] button on the Activity page during the Promotion Period. The token voucher will be distributed to verified users who pass the risk assessment within 48 hours. 0.005 BNB token vouchers for new referrals will be distributed within 14 working days after the Activity ends. Promotion B and C: Rewards for Promotion B and C will be distributed to eligible users within 14 working days after Activity ends. Users may only receive one reward from Promotion B and C. If an eligible user qualifies for rewards from both Promotion B and Promotion C, they will only receive the reward with the higher value (i.e., up to 7 BNB token vouchers from Promotion C). Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.The validity period to redeem the token voucher is set at 14 days from the day of distribution. Users should redeem the token vouchers before the expiry date. Thereafter, the token vouchers will become invalid. Learn how to redeem a voucher. Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified: Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology; Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions; Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood; Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.Additional promotion terms and conditions can be accessed here.Binance reserves the right of final interpretation of this Activity.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-07-10
To commemorate our 7th anniversary, Binance is excited to introduce a new limited-time referral promotion, where all eligible users will stand a chance to share 700 BNB in token vouchers. During the Promotion Period, eligible users can invite friends to sign up with Binance using their unique referral link obtained on the Activity page and stand a chance to win up to 7 BNB! The more friends you invite, the larger the rewards!Promotion Period: 2024-07-10 08:00 (UTC) to 2024-07-23 23:59 (UTC)
How to Participate
Click [Join Campaign] on the Activity page to confirm your participation.Click [Invite Friends] to get your referral link on the Activity page. Share the link with your friends and ask them to register for a Binance account.Ensure that each referral reaches a cumulative trading volume of at least 100 USD equivalent via Binance Spot during the Promotion Period.
Start Referring and Earn Rewards
Promotion A: Refer 7 New Users to Earn up to 0.07 BNB in Token Vouchers
When the user (“referrer”) successfully invites a new Binance user*, the referrer will receive a 0.01 BNB token voucher and the new user will receive a 0.005 BNB token voucher.
*A successful referral means that the new user registers via the referrer’s referral link and achieves a cumulative trading volume of at least 100 USD via Binance Spot during the Promotion Period.
Please note:
Each referrer can earn up to 0.07 BNB from 7 successful referrals.Each new user registering via this Promotion can get up to 0.075 BNB in token vouchers, which include:One-time new user reward of 0.005 BNB when they register for a Binance account via the referrer’s referral link and complete a cumulative trading volume of at least 100 USD via Binance Spot.After registering, the new referral can refer their friends to Binance and get up to 0.07 BNB from 7 successful referrals.Rewards are limited and will be distributed based on a first-come, first-served basis.
Promotion B: Be the First 777 Referrers and Earn An Extra 0.1 BNB
The first 777 referrers who complete all of the following requirements will also get an additional 0.1 BNB reward:
Complete 7 successful referrals (Promotion A), All their new referrals who register during this Promotion Period collectively reach a total cumulative Spot trading volume of 3,000 USD.
The first 777 referrers will be ranked based on the time they register for the Promotion (click [Join Campaign] on the Activity page).
Promotion C: Be the Top 7 Referrers and Earn Up to 7 BNB
The top 7 referrers that have the highest number of successful referrals can earn up to 7 BNB as rewards, as per the reward structure below:
RankingRewards per Eligible User (in Token Voucher)1st place7 BNB2nd - 3rd place3 BNB each4th - 7th place2 BNB each
Please note:
Users can be qualified for rewards from both Promotion A and B, or C. Rewards for Promotion B and C are mutually exclusive, users may qualify for one reward only from Promotion B and C. If an eligible user qualifies for the rewards from both Promotion B and C, they will only receive the reward with the higher value (i.e., up to 7 BNB token vouchers from Promotion C).
Terms & Conditions:
Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.The referrer must share the referral link from the Activity page. Other referral links or codes do not qualify users for this Activity. Sub-accounts cannot be used to participate in this promotion. Spot trades that are completed with a sub-account will not count toward the trading task requirement. Binance will use the price of the USDT trading pair at trading time to calculate the value of the trades completed on Binance Spot during the Promotion Period. If there is no USDT pair for a specific cryptocurrency, it will be converted to another token or coin with a USDT pair to determine its value. For EEA users, trading volume of unauthorized stablecoin pairs will not be counted as valid trading volume. Referrers must complete account verification (KYC) during the Promotion Period to be eligible for any rewards. Rewards Distribution:Promotion A:0.01 BNB token vouchers: Eligible users must click the [Claim] button on the Activity page during the Promotion Period. The token voucher will be distributed to verified users who pass the risk assessment within 48 hours. 0.005 BNB token vouchers for new referrals will be distributed within 14 working days after the Activity ends. Promotion B and C: Rewards for Promotion B and C will be distributed to eligible users within 14 working days after Activity ends. Users may only receive one reward from Promotion B and C. If an eligible user qualifies for rewards from both Promotion B and Promotion C, they will only receive the reward with the higher value (i.e., up to 7 BNB token vouchers from Promotion C). Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.The validity period to redeem the token voucher is set at 14 days from the day of distribution. Users should redeem the token vouchers before the expiry date. Thereafter, the token vouchers will become invalid. Learn how to redeem a voucher. Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified: Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology; Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions; Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood; Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.Additional promotion terms and conditions can be accessed here.Binance reserves the right of final interpretation of this Activity.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-07-10
Bitcoin sellers are endeavoring to suppress BTC below the $60,000 threshold, yet bullish investors are countering with significant resistance.
Today, Bitcoin surged to $59,459, rebounding from previously oversold conditions. Traders are closely monitoring the $58,400 to $60,000 range, which could act as a pivotal zone for future price movements. Analysts predict that BTC could either ascend to $67,000 or plummet to $48,000, depending on market dynamics.
Crucial upcoming U.S. economic data is poised to heavily influence Bitcoin's trajectory, potentially determining whether bullish momentum will prevail or bearish pressures will dominate.
What are your thoughts on these developments?
Today, Bitcoin surged to $59,459, rebounding from previously oversold conditions. Traders are closely monitoring the $58,400 to $60,000 range, which could act as a pivotal zone for future price movements. Analysts predict that BTC could either ascend to $67,000 or plummet to $48,000, depending on market dynamics.
Crucial upcoming U.S. economic data is poised to heavily influence Bitcoin's trajectory, potentially determining whether bullish momentum will prevail or bearish pressures will dominate.
What are your thoughts on these developments?
Crypto Fear & Greed Index: What It Is and How to Use It?
The Crypto Fear and Greed Index is a sentiment analysis tool designed to gauge the overall emotional state of the cryptocurrency market. It operates on a scale from 0 to 100, where 0 indicates "Extreme Fear" and 100 indicates "Extreme Greed." The index is used to provide insights into the psychological state of the market, helping investors understand whether the market is currently driven by fear or greed.
Components of the Crypto Fear and Greed Index
The index is calculated based on various factors, typically including:
Volatility (25%): Measures the current volatility and maximum drawdowns of Bitcoin and compares them with the corresponding average values of the last 30 and 90 days. An unusual rise in volatility is a sign of a fearful market.Market Momentum/Volume (25%): Measures the current market momentum and volume (specifically Bitcoin) and compares it with the last 30/90 day averages. High buying volumes in an uptrend suggest that the market is becoming overly greedy or bullish.Social Media (15%): Analysis of social media sentiment and trends, including Twitter mentions and hashtags related to Bitcoin. A higher than usual interaction rate indicates a greedy market.Surveys (15%): Polls and surveys of investors and market participants to capture their sentiment. This is no longer a regular component due to a lack of consistent data.Dominance (10%): Measures Bitcoin's market dominance. An increase in Bitcoin dominance is seen as fearful since investors are moving their funds from altcoins to Bitcoin, perceived as a safer asset.Trends (10%): Google Trends data for various Bitcoin-related search queries. An increase in certain searches like "Bitcoin price manipulation" indicates a fearful market, while searches like "Bitcoin price prediction" indicate a greedy market.
The Crypto Fear and Greed Index is a sentiment analysis tool designed to gauge the overall emotional state of the cryptocurrency market. It operates on a scale from 0 to 100, where 0 indicates "Extreme Fear" and 100 indicates "Extreme Greed." The index is used to provide insights into the psychological state of the market, helping investors understand whether the market is currently driven by fear or greed.
How the Index is Calculated
The index aggregates these different factors, assigns a weighted score to each, and then calculates an overall score. The scores from each component are normalized to ensure they contribute appropriately to the final index value. This final value is then scaled from 0 to 100 to represent the overall sentiment.
Using the Crypto Fear and Greed Index for Investment Decisions
Investors can use the index to make informed decisions based on market sentiment:
Extreme Fear (0-24): When the index shows extreme fear, it may indicate that the market is oversold. This could be a buying opportunity for contrarian investors, who believe that the market is underestimating the true value of cryptocurrencies.Fear (25-49): Moderate fear suggests cautiousness among investors. This can be a good time to buy, but investors should be aware of potential further downturns.Neutral (50): A neutral score suggests that the market sentiment is balanced. Investors might hold their positions or wait for a clearer signal.Greed (51-74): Moderate greed indicates increasing bullish sentiment. Investors might consider taking profits or be cautious about new investments, as the market may be approaching overbought conditions.Extreme Greed (75-100): Extreme greed often signals that the market is overbought and could be due for a correction. This might be a good time to sell or at least avoid making new investments until the sentiment cools down.
Practical Tips for Investors
Diversification: Use the index as one of many tools to inform investment decisions. Relying solely on the index can be risky.Risk Management: Consider the index when setting stop-loss levels and taking profits.Long-term Perspective: While the index provides short-term sentiment analysis, it is important to also consider long-term fundamentals and trends.Combining with Other Analysis: Combine the insights from the index with technical analysis, fundamental analysis, and other market indicators to make comprehensive decisions.
By integrating the Crypto Fear and Greed Index into their investment strategy, investors can better navigate the emotional volatility of the cryptocurrency market and make more informed decisions.
#FearNGreed #CryptoDecision #InvestmentAccessibility #BinanceSquareFamily
Components of the Crypto Fear and Greed Index
The index is calculated based on various factors, typically including:
Volatility (25%): Measures the current volatility and maximum drawdowns of Bitcoin and compares them with the corresponding average values of the last 30 and 90 days. An unusual rise in volatility is a sign of a fearful market.Market Momentum/Volume (25%): Measures the current market momentum and volume (specifically Bitcoin) and compares it with the last 30/90 day averages. High buying volumes in an uptrend suggest that the market is becoming overly greedy or bullish.Social Media (15%): Analysis of social media sentiment and trends, including Twitter mentions and hashtags related to Bitcoin. A higher than usual interaction rate indicates a greedy market.Surveys (15%): Polls and surveys of investors and market participants to capture their sentiment. This is no longer a regular component due to a lack of consistent data.Dominance (10%): Measures Bitcoin's market dominance. An increase in Bitcoin dominance is seen as fearful since investors are moving their funds from altcoins to Bitcoin, perceived as a safer asset.Trends (10%): Google Trends data for various Bitcoin-related search queries. An increase in certain searches like "Bitcoin price manipulation" indicates a fearful market, while searches like "Bitcoin price prediction" indicate a greedy market.
The Crypto Fear and Greed Index is a sentiment analysis tool designed to gauge the overall emotional state of the cryptocurrency market. It operates on a scale from 0 to 100, where 0 indicates "Extreme Fear" and 100 indicates "Extreme Greed." The index is used to provide insights into the psychological state of the market, helping investors understand whether the market is currently driven by fear or greed.
How the Index is Calculated
The index aggregates these different factors, assigns a weighted score to each, and then calculates an overall score. The scores from each component are normalized to ensure they contribute appropriately to the final index value. This final value is then scaled from 0 to 100 to represent the overall sentiment.
Using the Crypto Fear and Greed Index for Investment Decisions
Investors can use the index to make informed decisions based on market sentiment:
Extreme Fear (0-24): When the index shows extreme fear, it may indicate that the market is oversold. This could be a buying opportunity for contrarian investors, who believe that the market is underestimating the true value of cryptocurrencies.Fear (25-49): Moderate fear suggests cautiousness among investors. This can be a good time to buy, but investors should be aware of potential further downturns.Neutral (50): A neutral score suggests that the market sentiment is balanced. Investors might hold their positions or wait for a clearer signal.Greed (51-74): Moderate greed indicates increasing bullish sentiment. Investors might consider taking profits or be cautious about new investments, as the market may be approaching overbought conditions.Extreme Greed (75-100): Extreme greed often signals that the market is overbought and could be due for a correction. This might be a good time to sell or at least avoid making new investments until the sentiment cools down.
Practical Tips for Investors
Diversification: Use the index as one of many tools to inform investment decisions. Relying solely on the index can be risky.Risk Management: Consider the index when setting stop-loss levels and taking profits.Long-term Perspective: While the index provides short-term sentiment analysis, it is important to also consider long-term fundamentals and trends.Combining with Other Analysis: Combine the insights from the index with technical analysis, fundamental analysis, and other market indicators to make comprehensive decisions.
By integrating the Crypto Fear and Greed Index into their investment strategy, investors can better navigate the emotional volatility of the cryptocurrency market and make more informed decisions.
#FearNGreed #CryptoDecision #InvestmentAccessibility #BinanceSquareFamily
Top Crypto DePIN Projects (2024)
Overview of DePIN (Decentralized Physical Infrastructure Networks)
Decentralized Physical Infrastructure Networks (DePIN) represent a cutting-edge intersection of blockchain technology and physical infrastructure. These projects aim to decentralize traditionally centralized physical infrastructure services by leveraging blockchain for enhanced security, transparency, and community-driven participation. Here is an overview of DePIN, highlighting its principles, benefits, and key projects.
Key Features of DePIN
Decentralization: DePIN projects distribute control across a network of participants rather than relying on a central authority. This model enhances resilience and democratizes access to infrastructure services.Incentivization: Participants are rewarded with tokens for contributing resources like storage, computing power, or connectivity. These incentives drive participation and help scale the network efficiently.Blockchain Integration: Using blockchain ensures data integrity, security, and transparency. Transactions and contributions are recorded on an immutable ledger, fostering trust among participants.
Challenges and Future Prospects
Decentralized Physical Infrastructure Networks (DePIN) face significant challenges such as scalability, data security, and navigating regulatory landscapes, alongside fostering user adoption and integration with existing systems. However, the future prospects are promising, driven by advancements in blockchain protocols, AI integration, growing awareness, and potential regulatory clarity, which together will enhance the efficiency, security, and community-driven nature of decentralized infrastructure solutions
Here are some of the top Crypto DePIN (Decentralized Physical Infrastructure Networks) projects to watch in 2024:
Helium (HNT): Focuses on decentralized wireless connectivity, enabling IoT device communication and asset tracking through a global network of HotspotsFilecoin (FIL): Offers decentralized storage by allowing users to rent out unused hard drive space in exchange for FIL tokens, ensuring secure and cost-effective data storage Storj (STORJ): Provides secure, encrypted cloud storage by distributing data across a network of nodes, reducing costs and improving security compared to centralized providers Hivemapper (HONEY): A decentralized mapping network where users contribute street-level imagery via dashcams, earning HONEY tokens for their contributionsRender Network (RNDR): Utilizes idle GPU capacity from users worldwide to provide decentralized rendering solutions for various applications, rewarding participants with RNDR tokensInternet Computer (ICP): Aims to replace the traditional IT stack by hosting software, services, and digital assets on a blockchain-based internet, with ICP tokens supporting governance and payments MXC (MXC): Combines AI and blockchain to create a global data network, facilitating data transactions and supporting the development of Web 3.0 Theta Network (THETA): Leverages users' spare bandwidth and computing resources to improve video streaming quality and reduce costs, using THETA tokens to incentivize participation MetaBlox: Focuses on providing decentralized 5G connectivity, allowing users to deploy 5G nodes and earn rewards for contributing to network coverage Akash Network (AKT): Offers decentralized cloud computing, enabling users to lease and utilize underused computing resources, promoting cost-efficient and scalable cloud services
These projects illustrate the diverse applications of DePIN, from storage and computing to connectivity and mapping, highlighting the potential of decentralized networks to transform infrastructure management.
#DePIN. #Cryptoprojects #TopCryptoNews
Decentralized Physical Infrastructure Networks (DePIN) represent a cutting-edge intersection of blockchain technology and physical infrastructure. These projects aim to decentralize traditionally centralized physical infrastructure services by leveraging blockchain for enhanced security, transparency, and community-driven participation. Here is an overview of DePIN, highlighting its principles, benefits, and key projects.
Key Features of DePIN
Decentralization: DePIN projects distribute control across a network of participants rather than relying on a central authority. This model enhances resilience and democratizes access to infrastructure services.Incentivization: Participants are rewarded with tokens for contributing resources like storage, computing power, or connectivity. These incentives drive participation and help scale the network efficiently.Blockchain Integration: Using blockchain ensures data integrity, security, and transparency. Transactions and contributions are recorded on an immutable ledger, fostering trust among participants.
Challenges and Future Prospects
Decentralized Physical Infrastructure Networks (DePIN) face significant challenges such as scalability, data security, and navigating regulatory landscapes, alongside fostering user adoption and integration with existing systems. However, the future prospects are promising, driven by advancements in blockchain protocols, AI integration, growing awareness, and potential regulatory clarity, which together will enhance the efficiency, security, and community-driven nature of decentralized infrastructure solutions
Here are some of the top Crypto DePIN (Decentralized Physical Infrastructure Networks) projects to watch in 2024:
Helium (HNT): Focuses on decentralized wireless connectivity, enabling IoT device communication and asset tracking through a global network of HotspotsFilecoin (FIL): Offers decentralized storage by allowing users to rent out unused hard drive space in exchange for FIL tokens, ensuring secure and cost-effective data storage Storj (STORJ): Provides secure, encrypted cloud storage by distributing data across a network of nodes, reducing costs and improving security compared to centralized providers Hivemapper (HONEY): A decentralized mapping network where users contribute street-level imagery via dashcams, earning HONEY tokens for their contributionsRender Network (RNDR): Utilizes idle GPU capacity from users worldwide to provide decentralized rendering solutions for various applications, rewarding participants with RNDR tokensInternet Computer (ICP): Aims to replace the traditional IT stack by hosting software, services, and digital assets on a blockchain-based internet, with ICP tokens supporting governance and payments MXC (MXC): Combines AI and blockchain to create a global data network, facilitating data transactions and supporting the development of Web 3.0 Theta Network (THETA): Leverages users' spare bandwidth and computing resources to improve video streaming quality and reduce costs, using THETA tokens to incentivize participation MetaBlox: Focuses on providing decentralized 5G connectivity, allowing users to deploy 5G nodes and earn rewards for contributing to network coverage Akash Network (AKT): Offers decentralized cloud computing, enabling users to lease and utilize underused computing resources, promoting cost-efficient and scalable cloud services
These projects illustrate the diverse applications of DePIN, from storage and computing to connectivity and mapping, highlighting the potential of decentralized networks to transform infrastructure management.
#DePIN. #Cryptoprojects #TopCryptoNews
Binance Unveils Blockchain Week Dubai 2024: Grab Your Early Bird Tickets Today
Binance Blockchain Week Dubai 2024: Embracing Momentum
Binance is thrilled to announce the upcoming Binance Blockchain Week Dubai 2024 conference, set to take place from October 30 to October 31, 2024, at Dubai’s Coca-Cola Arena.
Exploring the Theme of Momentum
This year’s event revolves around the theme of "Momentum," highlighting how it propels the blockchain industry forward, helping navigate challenges and leading to significant achievements. The theme will delve into the current state of the industry, the obstacles overcome, and the future trajectory shaped by this momentum.
As the blockchain sector continues to grow, it raises several key questions:
How can we remain a force for positive change?How do we uphold the core values of cryptocurrency?How do we adapt to evolving laws and regulations?
Join us in exploring these pivotal topics and more at #BinanceBlockchainWeek #Dubai_2024
Secure Your Early-Bird Tickets at Special Rates
Take advantage of discounted prices by purchasing early-bird tickets through our ticketing portal while supplies last.Starting at just USD 99 (plus 5% VAT), these early-bird tickets offer more than 80% off the general admission price.Hurry, as these tickets are available on a first-come, first-served basis. Once early-bird tickets are sold out, regular-priced tickets will be available for purchase.
Get an extra 10% off your early-bird ticket price with code: WCGTHHQB
#BinanceBlockchainWeek #DubaiBlockchainWeek #SEAbinance
Binance is thrilled to announce the upcoming Binance Blockchain Week Dubai 2024 conference, set to take place from October 30 to October 31, 2024, at Dubai’s Coca-Cola Arena.
Exploring the Theme of Momentum
This year’s event revolves around the theme of "Momentum," highlighting how it propels the blockchain industry forward, helping navigate challenges and leading to significant achievements. The theme will delve into the current state of the industry, the obstacles overcome, and the future trajectory shaped by this momentum.
As the blockchain sector continues to grow, it raises several key questions:
How can we remain a force for positive change?How do we uphold the core values of cryptocurrency?How do we adapt to evolving laws and regulations?
Join us in exploring these pivotal topics and more at #BinanceBlockchainWeek #Dubai_2024
Secure Your Early-Bird Tickets at Special Rates
Take advantage of discounted prices by purchasing early-bird tickets through our ticketing portal while supplies last.Starting at just USD 99 (plus 5% VAT), these early-bird tickets offer more than 80% off the general admission price.Hurry, as these tickets are available on a first-come, first-served basis. Once early-bird tickets are sold out, regular-priced tickets will be available for purchase.
Get an extra 10% off your early-bird ticket price with code: WCGTHHQB
#BinanceBlockchainWeek #DubaiBlockchainWeek #SEAbinance
How to Buy Bitcoin in Myanmar in 2024?
Buying $BTC Bitcoin in Myanmar in 2024 can be accomplished through several methods, even though the regulatory environment might pose some challenges. Here are the steps you can follow to buy Bitcoin in Myanmar:
1. Choose a Cryptocurrency Exchange
Select a reputable cryptocurrency exchange that supports users from Myanmar. Some of the popular global exchanges include:
BinanceByBitOKXBitget
Check if the exchange allows users from Myanmar and supports the currency you wish to use.
2. Register and Verify Your Account
Create an account on the chosen exchange. You'll need to provide personal information and complete identity verification (KYC process):
Full nameDate of birthAddressGovernment-issued ID (passport, driving license, national ID card)
3. Enable Two-Factor Authentication (2FA)
For added security, enable 2FA on your account. This usually involves using an app like Google Authenticator or receiving SMS codes.
4. Deposit Funds
Deposit funds into your exchange account. This can typically be done via:
Bank transfer (if the exchange supports local banks)Credit/Debit cardP2P trading feature in Myanmar (Peer-to-Peer)
5. Buy Bitcoin
Once your account is funded, navigate to the trading section of the exchange. You can place a market order or a limit order to buy Bitcoin:
Market Order: Buy Bitcoin at the current market price.Limit Order: Set a specific price at which you want to buy Bitcoin.
6. Transfer Bitcoin to a Secure Wallet
For added security, transfer your Bitcoin to a personal wallet. Options include:
Hardware Wallets (Ledger, Trezor)Software Wallets (Electrum, Mycelium)Mobile Wallets (Trust Wallet, Exodus)
7. Stay Informed About Regulations
Cryptocurrency regulations can change rapidly. Stay updated on the legal status and regulations related to cryptocurrency in Myanmar to ensure compliance.
#EarnFreeCrypto2024 #BianceSquare #BuyingOpportunity
1. Choose a Cryptocurrency Exchange
Select a reputable cryptocurrency exchange that supports users from Myanmar. Some of the popular global exchanges include:
BinanceByBitOKXBitget
Check if the exchange allows users from Myanmar and supports the currency you wish to use.
2. Register and Verify Your Account
Create an account on the chosen exchange. You'll need to provide personal information and complete identity verification (KYC process):
Full nameDate of birthAddressGovernment-issued ID (passport, driving license, national ID card)
3. Enable Two-Factor Authentication (2FA)
For added security, enable 2FA on your account. This usually involves using an app like Google Authenticator or receiving SMS codes.
4. Deposit Funds
Deposit funds into your exchange account. This can typically be done via:
Bank transfer (if the exchange supports local banks)Credit/Debit cardP2P trading feature in Myanmar (Peer-to-Peer)
5. Buy Bitcoin
Once your account is funded, navigate to the trading section of the exchange. You can place a market order or a limit order to buy Bitcoin:
Market Order: Buy Bitcoin at the current market price.Limit Order: Set a specific price at which you want to buy Bitcoin.
6. Transfer Bitcoin to a Secure Wallet
For added security, transfer your Bitcoin to a personal wallet. Options include:
Hardware Wallets (Ledger, Trezor)Software Wallets (Electrum, Mycelium)Mobile Wallets (Trust Wallet, Exodus)
7. Stay Informed About Regulations
Cryptocurrency regulations can change rapidly. Stay updated on the legal status and regulations related to cryptocurrency in Myanmar to ensure compliance.
#EarnFreeCrypto2024 #BianceSquare #BuyingOpportunity
Top crypto exchanges to buy Bitcoin in Thailand for 2024 !!!
What are cryptocurrency exchanges?
Cryptocurrency exchanges are platforms that facilitate the buying, selling, and trading of digital assets like Bitcoin, Ethereum, and altcoins. They come in two main types: centralized exchanges (CEX) and decentralized exchanges (DEX). Centralized exchanges, such as Binance and Coinbase, are managed by a central authority and typically offer high liquidity, user-friendly interfaces, and advanced trading options, but require user verification and pose security risks due to central control. Decentralized exchanges, like Uniswap, operate without intermediaries using blockchain technology, offering greater privacy and lower hacking risks but often with lower liquidity. These exchanges support various order types, provide tools for analysis, and charge fees for transactions, playing a crucial role in the digital asset ecosystem by enabling easy access and fluid trading of cryptocurrencies.
Best Cryptocurrency Exchanges in Thailand
1. Binance
Intro: Binance, one of the largest and most well-known cryptocurrency exchanges globally, also holds a significant presence in Thailand. Renowned for its comprehensive range of trading options and services, Binance offers spot, futures, and margin trading, along with staking and its own decentralized exchange (DEX). The platform is known for its high liquidity and robust security measures, making it a preferred choice for both novice and experienced traders in Thailand.
Advantages of Binance:
High Liquidity: Ensures smooth execution of large trades without significant price fluctuations.Wide Range of Services: Includes spot, futures, and margin trading, along with earn and a Binance web3 wallet.Robust Security: Implements advanced security protocols and 24/7 customer support.
2. Bybit
Intro: Bybit is a rapidly growing cryptocurrency exchange that has become popular in Thailand for its user-friendly interface and advanced trading features. It offers a wide array of cryptocurrencies and supports futures trading with leverage options. Bybit stands out with its competitive fees and extensive security measures, catering to both beginner and professional traders.
Advantages of Bybit:
Low Trading Fees: Offers competitive fees, making it cost-effective for frequent traders.Advanced Trading Options: Supports futures trading with leverage up to 100x.Strong Security: Maintains a $400 million security fund and provides proof of reserves.
3. Bitkub
Intro: Bitkub is Thailand’s leading local cryptocurrency exchange, fully regulated by the Thai SEC. It provides a secure and reliable platform for trading a variety of digital assets. Based in Bangkok, Bitkub is known for its strong compliance with local regulations, extensive customer support, and user-friendly platform, making it an excellent choice for Thai residents.
Advantages of Bitkub:
Local Regulation: Fully compliant with the Thai SEC, ensuring a secure trading environment.User-Friendly Interface: Easy to navigate, suitable for both beginners and experienced traders.Local Payment Options: Supports a variety of THB deposit and withdrawal methods.
4. OKX
Intro: OKX, based in Hong Kong, is a prominent cryptocurrency exchange that serves a large user base in Thailand. Known for its extensive range of digital currencies, advanced trading features, and competitive fees, OKX is a reliable choice for Thai investors. The platform also offers unique features like futures trading, options trading, and an NFT marketplace.
Advantages of OKX:
Diverse Asset Offerings: Supports over 300 cryptocurrencies and various staking options.Advanced Trading Features: Includes futures and options trading.Competitive Fees: Low trading fees and free THB deposits.
5. Gate.io
Intro: Gate.io is well-regarded for its vast selection of altcoins, offering over 1,700 different cryptocurrencies. This makes it an attractive option for traders looking to diversify their portfolios. The platform also provides competitive transaction fees and advanced trading tools, such as automated bots, catering to both novice and experienced traders in Thailand.
Advantages of Gate.io:
Extensive Cryptocurrency Selection: Over 1,700 digital assets available for trading.Competitive Fees: Low transaction fees, making it affordable for frequent traders.Advanced Trading Tools: Includes features like automated trading bots.
When choosing a cryptocurrency exchange, consider the following: ensure the exchange is regulated and offers robust security features like two-factor authentication and cold storage. Compare trading, deposit, and withdrawal fees. Verify the range of supported cryptocurrencies to ensure your preferred coins are available. Look for a user-friendly interface and mobile app, along with quality customer support. Check for advanced trading features like margin and futures trading, and ensure the platform has high liquidity for better trade execution. Confirm the exchange supports convenient deposit and withdrawal methods and is available in your region, complying with local regulations. Lastly, read user reviews and assess the exchange's reputation in the crypto community.
#EarnFreeCrypto2024 #BinanceEarnProgram #cryptoexchange #CryptoTradingGuide
Cryptocurrency exchanges are platforms that facilitate the buying, selling, and trading of digital assets like Bitcoin, Ethereum, and altcoins. They come in two main types: centralized exchanges (CEX) and decentralized exchanges (DEX). Centralized exchanges, such as Binance and Coinbase, are managed by a central authority and typically offer high liquidity, user-friendly interfaces, and advanced trading options, but require user verification and pose security risks due to central control. Decentralized exchanges, like Uniswap, operate without intermediaries using blockchain technology, offering greater privacy and lower hacking risks but often with lower liquidity. These exchanges support various order types, provide tools for analysis, and charge fees for transactions, playing a crucial role in the digital asset ecosystem by enabling easy access and fluid trading of cryptocurrencies.
Best Cryptocurrency Exchanges in Thailand
1. Binance
Intro: Binance, one of the largest and most well-known cryptocurrency exchanges globally, also holds a significant presence in Thailand. Renowned for its comprehensive range of trading options and services, Binance offers spot, futures, and margin trading, along with staking and its own decentralized exchange (DEX). The platform is known for its high liquidity and robust security measures, making it a preferred choice for both novice and experienced traders in Thailand.
Advantages of Binance:
High Liquidity: Ensures smooth execution of large trades without significant price fluctuations.Wide Range of Services: Includes spot, futures, and margin trading, along with earn and a Binance web3 wallet.Robust Security: Implements advanced security protocols and 24/7 customer support.
2. Bybit
Intro: Bybit is a rapidly growing cryptocurrency exchange that has become popular in Thailand for its user-friendly interface and advanced trading features. It offers a wide array of cryptocurrencies and supports futures trading with leverage options. Bybit stands out with its competitive fees and extensive security measures, catering to both beginner and professional traders.
Advantages of Bybit:
Low Trading Fees: Offers competitive fees, making it cost-effective for frequent traders.Advanced Trading Options: Supports futures trading with leverage up to 100x.Strong Security: Maintains a $400 million security fund and provides proof of reserves.
3. Bitkub
Intro: Bitkub is Thailand’s leading local cryptocurrency exchange, fully regulated by the Thai SEC. It provides a secure and reliable platform for trading a variety of digital assets. Based in Bangkok, Bitkub is known for its strong compliance with local regulations, extensive customer support, and user-friendly platform, making it an excellent choice for Thai residents.
Advantages of Bitkub:
Local Regulation: Fully compliant with the Thai SEC, ensuring a secure trading environment.User-Friendly Interface: Easy to navigate, suitable for both beginners and experienced traders.Local Payment Options: Supports a variety of THB deposit and withdrawal methods.
4. OKX
Intro: OKX, based in Hong Kong, is a prominent cryptocurrency exchange that serves a large user base in Thailand. Known for its extensive range of digital currencies, advanced trading features, and competitive fees, OKX is a reliable choice for Thai investors. The platform also offers unique features like futures trading, options trading, and an NFT marketplace.
Advantages of OKX:
Diverse Asset Offerings: Supports over 300 cryptocurrencies and various staking options.Advanced Trading Features: Includes futures and options trading.Competitive Fees: Low trading fees and free THB deposits.
5. Gate.io
Intro: Gate.io is well-regarded for its vast selection of altcoins, offering over 1,700 different cryptocurrencies. This makes it an attractive option for traders looking to diversify their portfolios. The platform also provides competitive transaction fees and advanced trading tools, such as automated bots, catering to both novice and experienced traders in Thailand.
Advantages of Gate.io:
Extensive Cryptocurrency Selection: Over 1,700 digital assets available for trading.Competitive Fees: Low transaction fees, making it affordable for frequent traders.Advanced Trading Tools: Includes features like automated trading bots.
When choosing a cryptocurrency exchange, consider the following: ensure the exchange is regulated and offers robust security features like two-factor authentication and cold storage. Compare trading, deposit, and withdrawal fees. Verify the range of supported cryptocurrencies to ensure your preferred coins are available. Look for a user-friendly interface and mobile app, along with quality customer support. Check for advanced trading features like margin and futures trading, and ensure the platform has high liquidity for better trade execution. Confirm the exchange supports convenient deposit and withdrawal methods and is available in your region, complying with local regulations. Lastly, read user reviews and assess the exchange's reputation in the crypto community.
#EarnFreeCrypto2024 #BinanceEarnProgram #cryptoexchange #CryptoTradingGuide
Beginner's Guide to Trading Crypto on Binance
Cryptocurrency trading on Binance is straightforward for beginners. This guide covers the essentials to get you started.
1. Account Creation
Sign Up
Visit Binance, click "Sign Up" and provide your email and a strong password.Verify your email and complete identity verification (KYC) if required.
2. Depositing Funds
Purchasing Cryptocurrency
You can acquire cryptocurrency on Binance through various methods such as bank transfers, credit/debit cards, or peer-to-peer (P2P) trading. Detailed instructions can be found in the buy crypto guides provided by Binance.
Deposit/ Withdraw Cryptocurrency
If you have cryptocurrencies stored in another wallet or on a different platform, you can transfer them to your Binance account. For comprehensive instructions on how to deposit or withdraw cryptocurrencies, please refer to the deposit/withdrawal guides available on Binance.
3. Navigating the Trading Interface
Basic Interface
Go to "Trade" > Basic > Spot, Margin
Go to "Trade" > "Advance" > Trading Bots , Copy Trading
Explore the price chart, order book, trade history, and order entry sections.
4. Executing Trades
Select Trading Pair
Choose a trading pair based on your deposited currency (e.g., BTC/USDT).
Place an Order
Market Order: Buy/sell immediately at the current price.Limit Order: Set a specific price to buy/sell.Stop-Limit Order: Set a stop price to trigger a limit order.
Execute the Trade
Enter the amount, click "Buy" or "Sell," and monitor your orders.
5. Managing Assets
Monitor Portfolio
Go to "Wallet" > "Fiat and Spot" to check balances and transaction history.
Withdraw Funds
Go to "Wallet" > "Fiat and Spot," click "Withdraw," choose the currency, and follow the instructions.
Security Measures
Enable two-factor authentication (2FA) and regularly review account activity.
Final Tips
Start Small: Begin with a small investment.Stay Informed: Keep up with crypto market news.Diversify: Spread your investments to reduce risk.
Trading on Binance can be a rewarding experience, but it requires patience, research, and a good understanding of the market. By following these steps, beginners can confidently start their crypto trading journey on Binance.
For more details - Please Follow this Binance's Guide.
#binance #crypto #beginners #trading #2024
1. Account Creation
Sign Up
Visit Binance, click "Sign Up" and provide your email and a strong password.Verify your email and complete identity verification (KYC) if required.
2. Depositing Funds
Purchasing Cryptocurrency
You can acquire cryptocurrency on Binance through various methods such as bank transfers, credit/debit cards, or peer-to-peer (P2P) trading. Detailed instructions can be found in the buy crypto guides provided by Binance.
Deposit/ Withdraw Cryptocurrency
If you have cryptocurrencies stored in another wallet or on a different platform, you can transfer them to your Binance account. For comprehensive instructions on how to deposit or withdraw cryptocurrencies, please refer to the deposit/withdrawal guides available on Binance.
3. Navigating the Trading Interface
Basic Interface
Go to "Trade" > Basic > Spot, Margin
Go to "Trade" > "Advance" > Trading Bots , Copy Trading
Explore the price chart, order book, trade history, and order entry sections.
4. Executing Trades
Select Trading Pair
Choose a trading pair based on your deposited currency (e.g., BTC/USDT).
Place an Order
Market Order: Buy/sell immediately at the current price.Limit Order: Set a specific price to buy/sell.Stop-Limit Order: Set a stop price to trigger a limit order.
Execute the Trade
Enter the amount, click "Buy" or "Sell," and monitor your orders.
5. Managing Assets
Monitor Portfolio
Go to "Wallet" > "Fiat and Spot" to check balances and transaction history.
Withdraw Funds
Go to "Wallet" > "Fiat and Spot," click "Withdraw," choose the currency, and follow the instructions.
Security Measures
Enable two-factor authentication (2FA) and regularly review account activity.
Final Tips
Start Small: Begin with a small investment.Stay Informed: Keep up with crypto market news.Diversify: Spread your investments to reduce risk.
Trading on Binance can be a rewarding experience, but it requires patience, research, and a good understanding of the market. By following these steps, beginners can confidently start their crypto trading journey on Binance.
For more details - Please Follow this Binance's Guide.
#binance #crypto #beginners #trading #2024
Binance Reaches 200 Million Registered Users: A Testament to Trust and Leadership
Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange, has reached a remarkable milestone by surpassing 200 million registered users. This achievement not only solidifies Binance's position as an industry leader but also reflects the continued trust and confidence of its growing community.
Unprecedented Growth in User Base
This significant milestone is a clear indicator of the fast-paced shift towards crypto adoption worldwide. Binance’s journey from 100 million to 200 million users took just over two years, despite challenging market conditions. This rapid growth underscores Binance’s influential role in the cryptocurrency ecosystem. Since December 2023 alone, Binance has gained over 30 million new users, growing from 170 million to over 200 million.
Transparency and Trust: Proof of Reserves
One of the cornerstones of Binance's success is its commitment to transparency and security. Binance’s customer assets, publicly disclosed through their Proof of Reserves, have increased by an astonishing $42 billion year-to-date. This substantial growth means Binance now holds double the assets of its nearest competitor, further cementing its trustworthiness and reliability.
Mirroring the Growth of Tech Giants
Binance’s growth trajectory mirrors that of notable technology powerhouses such as X (formerly Twitter), LinkedIn, Facebook, and Instagram. This milestone is a clear signal of the broader shift from early adopters to the early majority in the crypto industry. According to the 'Crossing the Chasm' theory, technology adoption follows a bell curve pattern over time. Binance reaching 200 million users signifies that cryptocurrency is moving beyond its initial enthusiast base to a more mainstream audience.
Pioneering Crypto Education and Innovation
As the industry leader, Binance continues to spearhead initiatives that promote crypto education and innovation. This dedication is reflected in its impressive trading volumes and expansive user base. Binance’s educational programs and resources aim to empower users with the knowledge and tools necessary to navigate the crypto landscape confidently.
Binance is not just a trading platform; it’s a comprehensive ecosystem that includes Binance Academy for educational content, Binance Labs for blockchain project incubation, and Binance Charity for philanthropic efforts. These initiatives showcase Binance’s commitment to the holistic development of the crypto industry.
Looking Ahead: Aiming for 1 Billion Users
With 200 million users now on board, Binance is setting its sights even higher. The ultimate goal is to attract 1 billion users to the platform, continuing its mission to drive global crypto adoption. This ambitious target is supported by ongoing efforts to enhance platform security, expand product offerings, and foster regulatory compliance.
A Responsible Industry Leader
Binance’s success is not just about numbers; it’s about being a responsible industry leader. Binance places a strong emphasis on regulatory compliance and has been actively working with governments and regulatory bodies around the world. By prioritizing user security and adhering to regulatory standards, Binance sets an example for the entire industry.
Celebrating #Binance200M: Join the Challenge to Grab a Share of 200 BNB!
🔥How to Get Started on campaign 🔥
1️⃣ Step 1: Visit the landing page.
2️⃣Step 2: Click the “Do it” button next to a mission.
3️⃣Step 3: Complete missions during the Activity Period to get a corresponding number of Activity attempts. Other ways of completing a mission shall be deemed invalid.
4️⃣Step 4: To make an Activity attempt, click “GO” on the landing page. The cursor will rotate and settle on a square that represents the outcome of the attempt.
Unprecedented Growth in User Base
This significant milestone is a clear indicator of the fast-paced shift towards crypto adoption worldwide. Binance’s journey from 100 million to 200 million users took just over two years, despite challenging market conditions. This rapid growth underscores Binance’s influential role in the cryptocurrency ecosystem. Since December 2023 alone, Binance has gained over 30 million new users, growing from 170 million to over 200 million.
Transparency and Trust: Proof of Reserves
One of the cornerstones of Binance's success is its commitment to transparency and security. Binance’s customer assets, publicly disclosed through their Proof of Reserves, have increased by an astonishing $42 billion year-to-date. This substantial growth means Binance now holds double the assets of its nearest competitor, further cementing its trustworthiness and reliability.
Mirroring the Growth of Tech Giants
Binance’s growth trajectory mirrors that of notable technology powerhouses such as X (formerly Twitter), LinkedIn, Facebook, and Instagram. This milestone is a clear signal of the broader shift from early adopters to the early majority in the crypto industry. According to the 'Crossing the Chasm' theory, technology adoption follows a bell curve pattern over time. Binance reaching 200 million users signifies that cryptocurrency is moving beyond its initial enthusiast base to a more mainstream audience.
Pioneering Crypto Education and Innovation
As the industry leader, Binance continues to spearhead initiatives that promote crypto education and innovation. This dedication is reflected in its impressive trading volumes and expansive user base. Binance’s educational programs and resources aim to empower users with the knowledge and tools necessary to navigate the crypto landscape confidently.
Binance is not just a trading platform; it’s a comprehensive ecosystem that includes Binance Academy for educational content, Binance Labs for blockchain project incubation, and Binance Charity for philanthropic efforts. These initiatives showcase Binance’s commitment to the holistic development of the crypto industry.
Looking Ahead: Aiming for 1 Billion Users
With 200 million users now on board, Binance is setting its sights even higher. The ultimate goal is to attract 1 billion users to the platform, continuing its mission to drive global crypto adoption. This ambitious target is supported by ongoing efforts to enhance platform security, expand product offerings, and foster regulatory compliance.
A Responsible Industry Leader
Binance’s success is not just about numbers; it’s about being a responsible industry leader. Binance places a strong emphasis on regulatory compliance and has been actively working with governments and regulatory bodies around the world. By prioritizing user security and adhering to regulatory standards, Binance sets an example for the entire industry.
Celebrating #Binance200M: Join the Challenge to Grab a Share of 200 BNB!
🔥How to Get Started on campaign 🔥
1️⃣ Step 1: Visit the landing page.
2️⃣Step 2: Click the “Do it” button next to a mission.
3️⃣Step 3: Complete missions during the Activity Period to get a corresponding number of Activity attempts. Other ways of completing a mission shall be deemed invalid.
4️⃣Step 4: To make an Activity attempt, click “GO” on the landing page. The cursor will rotate and settle on a square that represents the outcome of the attempt.
Since I shared this article on June 8, BTC keeps dropping to its biggest point which is 67,446.8 which is good for entry in this level. If the buyers take control back during this week, we will see market gonna push back to its normal range.
LIVEzyycous
--
Bearish
After trying to climb all the way above Liquidity 72k this week, BTC was rejected by the resistance zone.
So, by the end of the next week, you may experience a decent price drop
🔴 - 65,454.45
🔴 - 60,319.13
🔴 - 56,168.67
So, by the end of the next week, you may experience a decent price drop
🔴 - 65,454.45
🔴 - 60,319.13
🔴 - 56,168.67
Tomorrow is the fourth FOMC meeting of the year in USA!
📉 In the last 48 hours, Bitcoin has dropped, and altcoins have fallen even more, just like the last three meetings.
But, after each FOMC meeting, the market has always bounced back strongly. 📈
We expect Bitcoin to reach its previous all-time high soon, so this is a good sign that our plan is working. 🐋
📉 In the last 48 hours, Bitcoin has dropped, and altcoins have fallen even more, just like the last three meetings.
But, after each FOMC meeting, the market has always bounced back strongly. 📈
We expect Bitcoin to reach its previous all-time high soon, so this is a good sign that our plan is working. 🐋
🚨🚨 Crypto Markets Are Crashing! 🚨🚨
We've got some charts for you, but they all show a downward trend this time 😞
Bitcoin ($BTC )
Things went south on Friday evening with a sudden drop below $70K. The bears are strong, pushing BTC below $67K, and some experts are predicting it might hit $60K soon.
Key support levels:
$68K if it can bounce back and hold.
$64K if the decline continues.
$60K as a medium-term target.
Ripple ($XRP )
It's tough to be optimistic about XRP now. The price has been low for a while, and the recent crash didn't help. Ripple fell by 9% in the last week and is now under $0.5. Not a good sign.
Key support levels:
600 SAT against BTC.
$0.48 as the next support level.
$0.4 as a medium-term target.
Polkadot ($DOT )
When it rains, it pours. Development might be good, but when markets crash, almost everything follows. DOT is crashing toward $6, the next support level. Bulls are nowhere in sight, but some analysts are still hopeful.
Key points:
$6 as the immediate support.
14% decline in two weeks.
$7.9 as a possible reversal target.
Overall, the markets have definitely seen better days.
What do you think? Are we heading for a deeper correction, or is the crypto market gearing up for another rise and new BTC highs this summer?
#DownTrendStarting #altcoins #BinanceSquareFamily
We've got some charts for you, but they all show a downward trend this time 😞
Bitcoin ($BTC )
Things went south on Friday evening with a sudden drop below $70K. The bears are strong, pushing BTC below $67K, and some experts are predicting it might hit $60K soon.
Key support levels:
$68K if it can bounce back and hold.
$64K if the decline continues.
$60K as a medium-term target.
Ripple ($XRP )
It's tough to be optimistic about XRP now. The price has been low for a while, and the recent crash didn't help. Ripple fell by 9% in the last week and is now under $0.5. Not a good sign.
Key support levels:
600 SAT against BTC.
$0.48 as the next support level.
$0.4 as a medium-term target.
Polkadot ($DOT )
When it rains, it pours. Development might be good, but when markets crash, almost everything follows. DOT is crashing toward $6, the next support level. Bulls are nowhere in sight, but some analysts are still hopeful.
Key points:
$6 as the immediate support.
14% decline in two weeks.
$7.9 as a possible reversal target.
Overall, the markets have definitely seen better days.
What do you think? Are we heading for a deeper correction, or is the crypto market gearing up for another rise and new BTC highs this summer?
#DownTrendStarting #altcoins #BinanceSquareFamily
Economists Anticipate Federal Reserve Rate Cuts by September 💵💰
Economists increasingly predict that the Federal Reserve will cut interest #RATES in September due to concerns about economic growth and persistent inflation. Despite strong employment and consumer spending, indicators like declining manufacturing activity and weaker business investments suggest a potential slowdown. Inflation remains above the Fed's 2% target, with upcoming #CPI and #PPI reports expected to provide further insights.
Global economic conditions also play a role, as other major economies face high inflation and potential recessions. The Federal Reserve's meeting on Wednesday will be closely watched, with Fed Chair Jerome Powell's comments likely offering hints about future policy moves.
Additionally, the Michigan Consumer Sentiment Index release on Friday could influence decisions. A drop in consumer confidence might strengthen the case for a rate cut to sustain growth and manage inflation. The possibility of a September rate cut remains a key focus amid mixed economic signals and global uncertainties.
#FedRateCut #FedMeeting
Economists increasingly predict that the Federal Reserve will cut interest #RATES in September due to concerns about economic growth and persistent inflation. Despite strong employment and consumer spending, indicators like declining manufacturing activity and weaker business investments suggest a potential slowdown. Inflation remains above the Fed's 2% target, with upcoming #CPI and #PPI reports expected to provide further insights.
Global economic conditions also play a role, as other major economies face high inflation and potential recessions. The Federal Reserve's meeting on Wednesday will be closely watched, with Fed Chair Jerome Powell's comments likely offering hints about future policy moves.
Additionally, the Michigan Consumer Sentiment Index release on Friday could influence decisions. A drop in consumer confidence might strengthen the case for a rate cut to sustain growth and manage inflation. The possibility of a September rate cut remains a key focus amid mixed economic signals and global uncertainties.
#FedRateCut #FedMeeting
📊 Biggest Events to Watch Upcoming This Week:
1. OPEC's Monthly Report - Tuesday
2. May CPI Inflation Figures - Wednesday
3. Federal Reserve Interest Rate Decision - Wednesday
4. Federal Reserve Press Conference - Wednesday
5. May PPI Inflation Report - Thursday
6. MI Consumer Sentiment Index - Friday
#FEDDATA #FedRateCut #tradingtechnique
1. OPEC's Monthly Report - Tuesday
2. May CPI Inflation Figures - Wednesday
3. Federal Reserve Interest Rate Decision - Wednesday
4. Federal Reserve Press Conference - Wednesday
5. May PPI Inflation Report - Thursday
6. MI Consumer Sentiment Index - Friday
#FEDDATA #FedRateCut #tradingtechnique
Get Free Airdrops and Grow Your Crypto Portfolio!
Did you know that you can get free #crypto worth thousands of 💵 dollars? It's easier than you think!
What Are Airdrops?
Airdrops are a promotional strategy used by cryptocurrency projects to distribute free tokens to the community, aiming to raise awareness, build a user base, and reward loyal supporters. Typically, participants need to complete simple tasks, such as following social media accounts or joining Telegram groups, to qualify for the airdrop. These free tokens can add value to your crypto portfolio, offering a way to diversify and potentially profit without any initial investment.
How to Get Started
To help you succeed in airdrop hunting, follow these simple tips:
Stay Informed: Regularly check airdrop platforms like CoinMarketCap, Binance Megadrop , Airdrops.io, Airdrop Alert, and Airdrop King to keep track of the latest opportunities.Follow Projects on Social Media: Many cryptocurrency projects announce airdrops on their social media channels. Stay updated by following these accounts.Join Crypto Communities: Participate in cryptocurrency-focused Telegram groups and forums where users frequently share airdrop opportunities.Research Thoroughly: Before joining an airdrop, research the project to ensure it's legitimate and not a scam.Diversify Participation: Engage in multiple airdrops to increase your chances of receiving valuable tokens.
Essential Airdrop Hunting Techniques
To successfully hunt for airdrops and maximize your crypto portfolio, you need the right tools. Here’s everything you need to know about the essential airdrop hunting tools, including Binance's new product, Megadrop.
1. Airdrop Platforms
These websites aggregate and list ongoing and upcoming airdrops. They provide details on how to participate, the tasks required, and the value of the tokens being distributed. Key platforms include:
CoinMarketCap: Known for its comprehensive cryptocurrency data, it also features a dedicated section for airdrops.Airdrops.io: Lists a wide range of airdrops, including exclusive and upcoming ones.Airdrop Alert: Offers detailed information about various airdrops and the steps to participate.Airdrop King: Provides curated lists of active airdrops with user-friendly interfaces.
2. Binance Megadrop
Binance's new product, Megadrop, is an innovative platform specifically designed for large-scale airdrops. It aims to distribute substantial amounts of tokens to users, enhancing their crypto portfolios significantly. Key features include:
High-Value Airdrops: Participate in airdrops that distribute a large number of tokens, often from well-established projects.Easy Participation: Streamlined process for participating in airdrops, often requiring minimal effort from users.Secure and Trustworthy: Hosted by Binance, ensuring a secure and legitimate airdrop experience.
3. Social Media Channels
Cryptocurrency projects often announce airdrops on their social media accounts. Following these accounts ensures you stay updated on the latest opportunities:
Twitter: Follow the official accounts of cryptocurrency projects and airdrop-focused profiles.Telegram: Join channels and groups where airdrop opportunities are shared and discussed.Reddit: Participate in subreddits dedicated to cryptocurrency and airdrops to get real-time updates and community insights.
4. Cryptocurrency Wallets
To receive airdrop tokens, you need compatible cryptocurrency wallets. These wallets should support a wide range of tokens, especially those on Ethereum (ERC-20) and Binance Smart Chain (BEP-20). Popular options include:
MetaMask: A browser extension wallet that supports Ethereum-based tokens.Trust Wallet: A mobile wallet that supports multiple blockchains and tokens.Binance Web3 Wallet: A secure digital wallet by Binance that lets you manage cryptocurrencies directly from your mobile. It's designed for easy access to decentralized apps and DeFi platforms while keeping your assets safe with control over your private keys.
5. Email Subscriptions
Many airdrop platforms and cryptocurrency projects offer email subscriptions to keep you informed about new airdrop opportunities. Subscribing to these newsletters can ensure you never miss out on valuable airdrops.
6. Portfolio Trackers
Once you start receiving airdrop tokens, you’ll need tools to track their value and manage your portfolio effectively. Some useful portfolio trackers include:
Blockfolio: A mobile app that allows you to track your cryptocurrency investments and receive updates.CoinGecko: Offers a portfolio feature along with comprehensive market data and airdrop listings.Delta: Another popular portfolio tracker with detailed analytics and tracking capabilities.
7. Security Tools
Protecting your assets and personal information is crucial when participating in airdrops. Use these tools to enhance your security:
Hardware Wallets: Store your tokens offline to protect them from hacks. Popular options include Ledger and Trezor.Antivirus Software: Protect your devices from malware and phishing attempts.Two-Factor Authentication (2FA): Enable 2FA on your accounts to add an extra layer of security
By following these tips, you'll be well on your way to catching free airdrops and boosting your crypto portfolio. Happy hunting!
#EarnFreeCrypto2024 #BinanceMegadrop #Binance200M #Airdrops_free
What Are Airdrops?
Airdrops are a promotional strategy used by cryptocurrency projects to distribute free tokens to the community, aiming to raise awareness, build a user base, and reward loyal supporters. Typically, participants need to complete simple tasks, such as following social media accounts or joining Telegram groups, to qualify for the airdrop. These free tokens can add value to your crypto portfolio, offering a way to diversify and potentially profit without any initial investment.
How to Get Started
To help you succeed in airdrop hunting, follow these simple tips:
Stay Informed: Regularly check airdrop platforms like CoinMarketCap, Binance Megadrop , Airdrops.io, Airdrop Alert, and Airdrop King to keep track of the latest opportunities.Follow Projects on Social Media: Many cryptocurrency projects announce airdrops on their social media channels. Stay updated by following these accounts.Join Crypto Communities: Participate in cryptocurrency-focused Telegram groups and forums where users frequently share airdrop opportunities.Research Thoroughly: Before joining an airdrop, research the project to ensure it's legitimate and not a scam.Diversify Participation: Engage in multiple airdrops to increase your chances of receiving valuable tokens.
Essential Airdrop Hunting Techniques
To successfully hunt for airdrops and maximize your crypto portfolio, you need the right tools. Here’s everything you need to know about the essential airdrop hunting tools, including Binance's new product, Megadrop.
1. Airdrop Platforms
These websites aggregate and list ongoing and upcoming airdrops. They provide details on how to participate, the tasks required, and the value of the tokens being distributed. Key platforms include:
CoinMarketCap: Known for its comprehensive cryptocurrency data, it also features a dedicated section for airdrops.Airdrops.io: Lists a wide range of airdrops, including exclusive and upcoming ones.Airdrop Alert: Offers detailed information about various airdrops and the steps to participate.Airdrop King: Provides curated lists of active airdrops with user-friendly interfaces.
2. Binance Megadrop
Binance's new product, Megadrop, is an innovative platform specifically designed for large-scale airdrops. It aims to distribute substantial amounts of tokens to users, enhancing their crypto portfolios significantly. Key features include:
High-Value Airdrops: Participate in airdrops that distribute a large number of tokens, often from well-established projects.Easy Participation: Streamlined process for participating in airdrops, often requiring minimal effort from users.Secure and Trustworthy: Hosted by Binance, ensuring a secure and legitimate airdrop experience.
3. Social Media Channels
Cryptocurrency projects often announce airdrops on their social media accounts. Following these accounts ensures you stay updated on the latest opportunities:
Twitter: Follow the official accounts of cryptocurrency projects and airdrop-focused profiles.Telegram: Join channels and groups where airdrop opportunities are shared and discussed.Reddit: Participate in subreddits dedicated to cryptocurrency and airdrops to get real-time updates and community insights.
4. Cryptocurrency Wallets
To receive airdrop tokens, you need compatible cryptocurrency wallets. These wallets should support a wide range of tokens, especially those on Ethereum (ERC-20) and Binance Smart Chain (BEP-20). Popular options include:
MetaMask: A browser extension wallet that supports Ethereum-based tokens.Trust Wallet: A mobile wallet that supports multiple blockchains and tokens.Binance Web3 Wallet: A secure digital wallet by Binance that lets you manage cryptocurrencies directly from your mobile. It's designed for easy access to decentralized apps and DeFi platforms while keeping your assets safe with control over your private keys.
5. Email Subscriptions
Many airdrop platforms and cryptocurrency projects offer email subscriptions to keep you informed about new airdrop opportunities. Subscribing to these newsletters can ensure you never miss out on valuable airdrops.
6. Portfolio Trackers
Once you start receiving airdrop tokens, you’ll need tools to track their value and manage your portfolio effectively. Some useful portfolio trackers include:
Blockfolio: A mobile app that allows you to track your cryptocurrency investments and receive updates.CoinGecko: Offers a portfolio feature along with comprehensive market data and airdrop listings.Delta: Another popular portfolio tracker with detailed analytics and tracking capabilities.
7. Security Tools
Protecting your assets and personal information is crucial when participating in airdrops. Use these tools to enhance your security:
Hardware Wallets: Store your tokens offline to protect them from hacks. Popular options include Ledger and Trezor.Antivirus Software: Protect your devices from malware and phishing attempts.Two-Factor Authentication (2FA): Enable 2FA on your accounts to add an extra layer of security
By following these tips, you'll be well on your way to catching free airdrops and boosting your crypto portfolio. Happy hunting!
#EarnFreeCrypto2024 #BinanceMegadrop #Binance200M #Airdrops_free
Binance 55th Launchpool Project: IO.NET (IO). How to Earn IO token on Binance Launchpool?
What is Binance Launchpool?
Binance Launchpool is a platform that allows users to acquire new tokens as rewards by staking their existing cryptocurrencies such as BNB, FDUSD, and other selected tokens. It provides an opportunity for users to farm new coins for free, fostering the development of new projects within or outside of the Binance ecosystem. By participating in Launchpool, users contribute to the project’s liquidity and in return, they receive rewards in the form of newly launched tokens.
Understanding io.net: A Simple Guide
What is io.net?
io.net is a platform that provides powerful AI computing and cloud services. It brings together unused GPU resources to create a network, offering machine learning startups access to vast computing power at much lower costs compared to traditional cloud services.
The IO Token: Key Functions
The IO token is the main currency of io.net and is used in several important ways:
Payment CurrencyUsed for payments and transaction fees within the io.net ecosystem.Purchase and supply underutilized GPU computing power.Deploy GPU clusters.StakingUsers can secure the network and earn rewards by:Delegating their $IO tokens to a chosen node.Staking more $IO tokens to operate their own node.GovernanceIO token holders can participate in the platform's decision-making.They can propose, vote on, and implement grant proposals.This helps guide the allocation of funds and strategic direction of the Internet of GPUs Foundation.
io.net aims to create a globally accessible, decentralized cloud computing network. This network will provide affordable, flexible, and open access to computing power for everyone.
With the rapid growth of AI, the demand for GPU computing power has skyrocketed, leading to a significant shortage of GPUs in the public cloud. This results in long wait times, limited options, and high costs.
io.net addresses these issues by pooling GPUs from underused sources such as independent data centers, idle crypto mining farms, and individual users. By doing this, io.net can offer computing power at prices up to 90% lower than those of traditional cloud providers.
IO.NET (IO) Launchpool Information:
- Token Name: IO.NET (IO)
- Total Token Supply at Genesis: 500,000,000 IO
- Max Token Supply: 800,000,000 IO
- Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
- Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
- Smart Contract Details: Solana
- Staking Terms: KYC required
- Supported Pools: Stake BNB (rewards of 17,000,000 IO) 85% share rewards and stake FDUSD (rewards of 3,000,000 IO) 15% share rewards of Binance Launchpool.
How to Farm $IO by Staking #BNB and $FDUSD
Users can farm $IO tokens by staking Binance Coin (BNB) and First Digital USD (FDUSD) on the Binance Launchpool. Here's a step-by-step guide to get started:
Log into Binance Account: Ensure you have a registered and verified Binance account.Go to Binance Launchpool: Navigate to the Launchpool section on Binance’s website or app.
Select the IO.NET (IO) Pool: Find the IO.NET (IO) staking option.Stake Your Tokens:$BNB Pool: Choose the BNB pool to stake your Binance Coin.$FDUSD Pool: Choose the FDUSD pool to stake your First Digital USD.
Start Staking: Enter the amount of BNB or FDUSD you wish to stake and confirm the transaction. Your staked tokens will start earning $IO rewards immediately.Track Your Rewards: You can monitor the accumulation of your $IO rewards on the Launchpool page.
Important Notice:
Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over 4 days, with farming starting from 2024-06-07 00:00 (UTC)
Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. The seed tag (will be applied to IO.
Always do your own research to ensure the safety of your funds.
In summary, io.net leverages unused GPU power to provide affordable computing for AI startups, with the IO token playing a crucial role in payments, staking, and governance.
#EarnFreeCrypto2024 #Binance55thProject(IO) #Binance55thProject(IO) #Launchpool #BinanceSquareFamily
Binance Launchpool is a platform that allows users to acquire new tokens as rewards by staking their existing cryptocurrencies such as BNB, FDUSD, and other selected tokens. It provides an opportunity for users to farm new coins for free, fostering the development of new projects within or outside of the Binance ecosystem. By participating in Launchpool, users contribute to the project’s liquidity and in return, they receive rewards in the form of newly launched tokens.
Understanding io.net: A Simple Guide
What is io.net?
io.net is a platform that provides powerful AI computing and cloud services. It brings together unused GPU resources to create a network, offering machine learning startups access to vast computing power at much lower costs compared to traditional cloud services.
The IO Token: Key Functions
The IO token is the main currency of io.net and is used in several important ways:
Payment CurrencyUsed for payments and transaction fees within the io.net ecosystem.Purchase and supply underutilized GPU computing power.Deploy GPU clusters.StakingUsers can secure the network and earn rewards by:Delegating their $IO tokens to a chosen node.Staking more $IO tokens to operate their own node.GovernanceIO token holders can participate in the platform's decision-making.They can propose, vote on, and implement grant proposals.This helps guide the allocation of funds and strategic direction of the Internet of GPUs Foundation.
io.net aims to create a globally accessible, decentralized cloud computing network. This network will provide affordable, flexible, and open access to computing power for everyone.
With the rapid growth of AI, the demand for GPU computing power has skyrocketed, leading to a significant shortage of GPUs in the public cloud. This results in long wait times, limited options, and high costs.
io.net addresses these issues by pooling GPUs from underused sources such as independent data centers, idle crypto mining farms, and individual users. By doing this, io.net can offer computing power at prices up to 90% lower than those of traditional cloud providers.
IO.NET (IO) Launchpool Information:
- Token Name: IO.NET (IO)
- Total Token Supply at Genesis: 500,000,000 IO
- Max Token Supply: 800,000,000 IO
- Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
- Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
- Smart Contract Details: Solana
- Staking Terms: KYC required
- Supported Pools: Stake BNB (rewards of 17,000,000 IO) 85% share rewards and stake FDUSD (rewards of 3,000,000 IO) 15% share rewards of Binance Launchpool.
How to Farm $IO by Staking #BNB and $FDUSD
Users can farm $IO tokens by staking Binance Coin (BNB) and First Digital USD (FDUSD) on the Binance Launchpool. Here's a step-by-step guide to get started:
Log into Binance Account: Ensure you have a registered and verified Binance account.Go to Binance Launchpool: Navigate to the Launchpool section on Binance’s website or app.
Select the IO.NET (IO) Pool: Find the IO.NET (IO) staking option.Stake Your Tokens:$BNB Pool: Choose the BNB pool to stake your Binance Coin.$FDUSD Pool: Choose the FDUSD pool to stake your First Digital USD.
Start Staking: Enter the amount of BNB or FDUSD you wish to stake and confirm the transaction. Your staked tokens will start earning $IO rewards immediately.Track Your Rewards: You can monitor the accumulation of your $IO rewards on the Launchpool page.
Important Notice:
Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over 4 days, with farming starting from 2024-06-07 00:00 (UTC)
Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. The seed tag (will be applied to IO.
Always do your own research to ensure the safety of your funds.
In summary, io.net leverages unused GPU power to provide affordable computing for AI startups, with the IO token playing a crucial role in payments, staking, and governance.
#EarnFreeCrypto2024 #Binance55thProject(IO) #Binance55thProject(IO) #Launchpool #BinanceSquareFamily
