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Hi #CryptoWatchMay2024

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#CryptoWatchMay2024

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Binance Square Official
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Share your #CryptoWatchMay2024 to win up to 500 FDUSD!
Join the #CryptoWatchMay2024 campaign and win up to 500 FDUSD! Make your list of top 5 tokens to watch on Binance in May 2024, providing insightful information about the projects, their price movements and future predictions. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.

Campaign Period: 2024-05-03 00:00 to 2024-05-08 23:59 (UTC)
To Participate: 
Use #CryptoWatchMay2024 while sharing your top 5 crypto list on Binance Square. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.

Include:

1. Information about each project;
2. Recent price movements;
3. Future price predictions.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Four posts generating the most interaction will each be rewarded with 125 FDUSD.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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$Bitcoin ETF Approval: My Insights on the Milestone and its Implications for Blockchain Adoption. The US capital markets regulator SEC approved 11 spot bitcoin ETFs, including those by BlackRock, Vanguard, Franklin Templeton, Valkyre, Fidelity, and Invesco, on January 10. On Friday 12 Jan 2024, investors started trading ETFs, and approval of ETFs is a watershed moment in the crypto market. ETFs will bring more stability to the price of bitcoin and liquidity risks will be reduced over time. First, let’s start with what is Bitcoin ETF? Bitcoin ETFs are instruments that are traded publicly on a stock exchange that enable investors to gain exposure to Bitcoin without actually owning it. An ETF is an investment fund that tracks the performance of underlying assets and moves up and down depending on asset value. When you invest in a bitcoin ETF, you are not directly purchasing it but instead buying units in a mutual fund that holds bitcoin. Since ETFs are regulated, it is easier for investors to gain exposure to Bitcoin’s price movement, the complexity of digital currency and wallets, and the security and risk associated with it. Even without opening an account on a crypto exchange or setting up digital wallets like Trust Wallet, Binance, and Metamask for asset storage, which is a complex process, So if we look at the ETF definition, it is simply bringing centralization to a decentralized world. That is right and much needed for the security of assets and avoiding fraud in the crypto market. But I don’t know why crypto investors are so hyped about it. ETFs are good for regulators and governments because now they can control the price of ETFs and have tighter AML/KYC rules to avoid fraudulent transactions and money laundering in the economy. ETFs are going to solve that KYC/AML issue, and now Bitcoin or other cryptocurrencies that will have ETFs in the future will be more stable and will become one of the asset classes like gold. $BTC #ETFvsBTC #BinanceLaunchpool #ETHETFS #altcoins #BTC
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