What are crypto cards?

Crypto cards are an ingenious instrument allowing you to pay for goods with crypto anywhere that accepts credit cards: stores, gyms, transportation, and the internet.
They work the same way as a traditional credit card issued by banks, but they’re connected to your crypto wallet instead of your bank.
This way, you can hold your assets on an exchange—e.g., USDT on Binance—while having the ability to pay for goods and services. What’s more, there are no network fees for these transactions.

The downside is, however, that crypto cards are only available in certain countries. If you are located in a country that accepts crypto cards, you can get your hands on one of these popular cards: Coinbase Card, Crypto.com Card, or Binance Card.
Always be wary of scammers and never enter your card information on suspicious sites or platforms.

What is volatility?

In the context of crypto, “volatility” describes the ebbs and flows of cryptocurrency prices. High volatility is a hallmark of the crypto market, whereas traditional stock exchanges are relatively stabler.
The following has a profound impact on volatility:
— Market sentiment
— Liquidity
— Speculation
— Regulation
— News.
However, myriad other unpredictable factors may also impact volatility🙂
Therefore, investors of all levels should take into account influencing factors that could sway the markets to reduce risks.
#Binance200M $SOL

Crypto Scam: Virtual mining

The essence of this fraudulent scheme is as follows: Scammers offer miners to rent capacity in their data centers instead. The benefit to a miner (especially a beginner) is obvious: There’s no need to spend on expensive equipment and understand how to install it. It is enough to rent someone else’s hardware and mine remotely.

You will often be offered generous bonuses and “yield calculators” that will tell you exactly how many cents/dollars per minute you will earn.
Then everything is very simple: having “rented hardware” from scammers and “mined” for some time, as soon as you want to withdraw your earnings, nothing happens—your funds cannot be withdrawn =)

That should be alarming:

▪️ Guarantee of high profitability. Scammers offer “yield calculators,” although it is impossible to calculate the yield in mining.

▪️ Anonymity. Usually, scammers use anonymous deposit methods so the client cannot prove they made a payment.
▪️ Generous bonuses. Scammers want the victim to send as large an amount as possible. That’s why they write on the site that they give out generous bonuses, such as doubling the miner’s speed.
Cloud mining exists, but there are also many scammers working in this field. Be vigilant and always DYOR!

What are smart contract audits, and why are they necessary?

Smart contracts are lines of code that self-execute once pre-determined conditions are met between a buyer and a seller.
What happens if the code has a vulnerability or bug? What if the code was intentionally written with weaknesses to scam users?

To eliminate weak points and vulnerabilities, you need to audit smart contracts.

Many blockchain projects have open-source code, meaning anyone can look at and study the base code and smart contracts.

So, if hundreds or even thousands of enthusiast programmers and prominent auditing firms sift through the code and smart contracts, it’s safe to say that the project has a high degree of security and stability.

Open-source code and audits are what make blockchains impervious to hacks and cyberattacks. The code is available to everyone; therefore, if there is ever something suspicious in the code, the community will flag it.
Auditing and open-source base code are touted as the future because smart contracts can be written to contain zero biases and replace intermediaries.

Understanding Trading Fees

When buying or selling cryptocurrencies on an exchange, a small fee is charged to facilitate the trade. This trading fee, usually a percentage of the trade value, is an essential revenue stream for exchanges.

Let's break it down with an example. Suppose you want to buy 1 Bitcoin (BTC) on an exchange with a 0.5% trading fee. If the current price of BTC is $10,000, you'll need to pay $10,000 for the BTC plus $50 for the fee (0.5% of $10,000), totaling $10,050.

Trading fees are crucial because they:

- Enable exchanges to operate and maintain their platforms
- Cover costs such as security, customer support, and infrastructure


- Encourage responsible trading practices
- Help prevent market manipulation and abuse
By understanding trading fees, you can make informed decisions and avoid unexpected costs.

Remember, trading fees are a small price to pay for the convenience and security of trading on a reputable exchange!

#AirdropGuide

Crypto Airdrops: Free Tokens or Tricky Marketing?

Crypto airdrops are a way for blockchain projects to distribute their new tokens or coins for free (or with minimal effort) to crypto wallet addresses. It's essentially a marketing strategy with the aim of:

Raising awareness: Getting people to know about their new project and its purpose.Boosting adoption: Encouraging users to hold and potentially trade the new token once it's available on exchanges.Building a community: Rewarding early adopters and fostering a user base.

How Airdrops Work

There are different ways projects conduct airdrops. Here are some common types:

Standard Airdrops: Anyone with a crypto wallet can participate. These are rare and often target users on a specific blockchain (e.g., airdropping tokens to everyone holding Ethereum on the Ethereum network).

Holder Airdrops:

These reward users for holding a certain existing coin or token. For instance, a project built on Solana might airdrop tokens to those holding SOL coins in their wallets.

Task-Based Airdrops:

Here, you need to complete specific actions to qualify, like following a project's social media, joining their Telegram group, or retweeting a post.

Exclusive Airdrops:

These target a specific group chosen by the project based on factors like holding a different token or being an active user on a particular platform.

Finding and Participating in Airdrops

1. Websites: Platforms like DappRadar

2. Social Media: Follow promising projects on Twitter or Telegram to stay updated on potential airdrops.

3. Crypto News Sites: Stay informed about the crypto space; airdrops are often mentioned in news articles.

Participating in Airdrops:

Always DYOR (Do Your Own Research): Before claiming any airdrop, research the project thoroughly. Are they legitimate? What's their purpose?Beware of Scams: Never share your private key or seed phrase to claim an airdrop. Legitimate airdrops only require your wallet address.

Use a Secure Wallet: Only connect a reputable, secure wallet to participate in airdrops

Why don’t my funds get deposited?

A widespread problem for beginners: They transfer funds from one wallet to another, but the coins don’t get deposited.
Why?

There are 3 main reasons:

1. The processing speeds of blockchains. Sometimes, blockchains are slow, and transactions take longer than usual. For example, in Ethereum, transactions can sometimes last for hours.
2. Invalid network or address: You could have made a mistake when choosing the network. For example, if you transfer your USDT from the Tron network to the BNB Smart Chain network, the transaction will not pass. Make sure the network and address match.

3. A memo is not specified: Some blockchains require specifying a memo when sending transactions. A memo is a “comment” on a transaction. If necessary, the exchange will warn you what memo you should specify, so read the instructions carefully.

And one more general tip: If you’re making a transaction for the first time, make a test transfer by sending the minimum amount — e.g., 1 USDT. If it’s successful, it’s safe to send whatever amount you want to that address.
Don’t forget that, in the crypto world, it’s often impossible to return money lost or sent to a wrong address.

The way blockchains are changing the world: decentralized social networks.

The beauty of blockchain technology lies in its ability to create a decentralized system that provides privacy, data control, and monetary rewards for its users.

Blockchain-based decentralized social media platforms based takes away the monopoly of giant technology corporations over user data. Users will no longer have to worry about their data being collected or sold without their knowledge or consent.
Instead, blockchains return the power to users, who can control how and to whom their data is transferred or sold. In addition, these platforms can offer rewards in the form of tokens, stimulating user participation and the creation of high-quality content.

Ultimately, blockchains can not only change but also revolutionize the world, starting with social networks.
Decentralized platforms can help create a securer, more transparent and more inclusive digital environment.$SOL

Crypto speak: Bitcoin maximalists

Bitcoin maximalists, or “maxis,” are people who believe that Bitcoin (BTC) is the only necessary cryptocurrency.
They view BTC as the truest form of digital currency that follows the original philosophy of Satoshi Nakamoto the pseudonymous creator of Bitcoin.

Bitcoin maximalists often claim that the decentralization, finite supply, and security of Bitcoin make it the ultimate digital store of value — or, as many call it: “digital gold.”
They usually consider other cryptocurrencies, or “altcoins,” inferior or unnecessary, believing that Bitcoin will eventually lead in all blockchain use cases.

Do you think we need other coins besides Bitcoin?

The Power of Issuance

Issuance is the lifeblood of any cryptocurrency, dictating the creation and distribution of new coins according to predefined economic rules.

This process is pivotal for controlling the supply of the currency and its impact on the overall economy.
Take Bitcoin, for example. Bitcoin’s issuance is managed by a decentralized network of nodes adhering to a fixed protocol. Each time a new block is added to the blockchain, a certain number of new Bitcoins are created and awarded to the miner who solved the complex mathematical puzzle, thereby securing the network.

Issuance is vital for regulating the money supply, preventing inflation, and maintaining the currency's value. It also underpins new economic models, such as proof-of-stake and decentralized finance (DeFi), which depend on the issuance of new tokens to operate. By understanding issuance, we gain insight into the dynamics of cryptocurrency economies and their potential to transform the financial landscape. $BTC

#Binance200M yourself to be so focused on living in peace, getting paid, and walking in purpose that you have no time to worry about people pleasing, pettiness, or irrelevant opinions.#bitcoin $BTC

Crypto Speak: Bounty campaigns

These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them.
This is how it goes down: You subscribe to a crypto project’s social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens.
$BTC
#Binance200M

Are there really anonymous cryptocurrencies?

In a previous post, we told you that most blockchains, such as Bitcoin and Ethereum, are “pseudonymous.”
However, there are also completely private projects that have made it impossible to track transfers.

Let’s take the example of the Zcash cryptocurrency, which has advanced cryptography and the highest level of confidentiality.
Zcash uses a cryptographic protocol called zk-SNARKs. With the help of this technology, users can make completely private transactions when the sender, recipient, and cost of transactions can be hidden on the blockchain.

At the same time, privacy on Zcash is optional; users can choose between “transparent” transactions (like Bitcoin) and “hidden” transactions, providing a balance between transparency and privacy.

The world of blockchains is diverse. Research shows that most users do not strive for 100% anonymity; however, the industry does offer solutions for true cypherpunks as well.😎#Binance200M #BnbAth $BNB

Crypto Speak: BTM
“BTM” is a cryptocurrency ATM that allows you to buy and sell Bitcoin in public places.
Sometimes, they are called crypto ATMs, but let’s put it correctly, and the correct way to put it is BTM.
$SOL

Once again, we marvel at the ingenuity of scammers: TikTok has been flooded with “Bitcoin giveaways” from “Elon Musk.”
TikTok videos of Elon Musk supposedly giving an interview to Fox News or other well-known news media have surfaced where he advertises crypto giveaways.

The attackers encourage viewers and users to register an account on a “platform” and then ask them to enter a promo code mentioned in the TikTok video to receive “free Bitcoin.”
After entering the code, the fake site will make it look like it’s sending you cryptocurrency.

But to withdraw the “gifted” Bitcoin, you need to activate your account for 0.005 BTC (about $132). If you do this, the money goes straight to the scammers.
The situation is exacerbated by the fact that the attackers also demand identification for KYC procedures. As we’ve mentioned before, having any personal data leaked on the internet, especially in the crypto world, is very, very bad.
Please be vigilant! #scamriskwarning

Mind-Blowing Fact: Bitcoin's Market Cap Surpasses Top 3 Banks! 💸

You won't believe the staggering numbers:

• Bitcoin's market capitalization: $1.37 TRILLION 💥

• JPMorgan Chase: $574 billion

• Bank of America: $311 billion

• IC Bank of China: $268 billion

That's right, folks! Bitcoin's market cap is larger than the combined market caps of the top 3 banks in the world!

💸 What does this mean for the future of finance? The world is changing, and Bitcoin is leading the charge! 🚀

$BTC $SOL

How to Earn Rewards for Sharing Your Internet Bandwidth

What is GetGrass. io?

GetGrass. io, also known as Grass, is a platform that allows you to earn rewards by sharing your unused internet bandwidth.

**Earning with GetGrass.io**

The primary way to earn is by installing their browser extension, currently only compatible with Google Chrome. This extension utilizes your spare internet bandwidth to generate passive income.

**Pros and Cons**

Pros:

* Passive income generation: Once set up, you don't need to actively participate to earn.

Cons:
* Browser dependence: Currently, only Chrome is supported.

Before You Sign Up

* Research is key: Do your own research on user reviews and legitimacy before signing up.

* Earnings potential: Understand how much you can realistically earn based on user experiences.

What's New with GetGrass. io?

* Focus on user acquisition: GetGrass.io is prioritizing user acquisition with their recent efforts, including a referral program with bonus points.

Development of a Layer 2 Solution for Solana: GetGrass.io might be working on a scaling solution for the Solana blockchain.

* Potential token launch: There are mentions of a potential launch of their own cryptocurrency, but details are yet to be revealed.

Remember to always check GetGrass. io's official channels for the most up-to-date information.

The average profit of crypto investors in 2023 was $800.

CoinLedger analysts compared about 500,000 market participants from the United States, Australia, Canada, and other countries. They found that, on average, cryptocurrency investors made $888 per person in 2023, which is amazing since investors lost $7,102 in 2022, taking into account the collapse of FTX, of course. If FTX hadn’t, the losses would have been lower.

The report reveals that the most unpopular cryptocurrency was Ether (ETH). Crypto investors got rid of it most often. Solana (SOL), Bitcoin (BTC), BNB, and Polygon (MATIC) were also in the top five.

And Bitcoin is the least frequently sold.
Also, analysts named Coinbase the most popular CEX by number of transactions in 2023, but in reality, this is probably not true because most of the respondents live in the United States, where Coinbase is the leader.

Crypto speak: GOAT
“GOAT” is an abbreviation for the “greatest of all time.”
The term is used to refer to something that is the best of its kind. For example, many people consider Bitcoin to be the GOAT among all cryptocurrencys.