LET’S LEARN HOW TO DEPOSIT AND WITHDRAW CRYPTOCURRENCY
Binance is one of the top-notch exchanges I have come through in my eight years of experience — let me tell you the easiest guide to deposit and withdraw your cryptocurrency via the great exchange
HOW TO DEPOSIT CRYPTO VIA YOUR DIGITAL WALLET OR OTHER CRYPTO EXCHANGES Before you can start trading or holding digital assets on Binance, you'll need to deposit cryptocurrency into your account.
Let's get started 1. Login to Binance:
Login to your Binance account through the website or mobile app.
2. Go to Wallet:
Locate and click on the 'Wallet' tabin the bottom right corner
3. Select Deposit:
Tap on 'Deposit'.
4. Choose Cryptocurrency:
This will present you with a list of cryptocurrencies supported by Binance. I will go with USDT.
Note: select the correct network or it will result in a loss of funds
5. Deposit Address:
You’ll find a deposit address for the selected cryptocurrency. You have to copy this address.
Make sure you are depositing the correct cryptocurrency to this specific address, as sending the wrong type may result in loss of funds. 6. Transfer Funds:
Use this deposit address to transfer funds from your external wallet or another exchange.
Make sure to check the transaction fee and blockchain confirmation times. 7. Confirm Deposit:
Once the transaction is confirmed on the blockchain, your deposited funds will be credited to your Binance account.
HOW TO WITHDRAW CRYPTOCURRENCY VIA BINANCE INTO YOUR OTHER DIGITAL WALLET OR TO ANOTHER EXCHANGE
Withdrawing cryptocurrency from Binance allows you to move your funds to an external wallet or another exchange
STEP-1
Again, navigate to the 'Wallet' tab and select 'Withdraw'.
2. Select Cryptocurrency:
Choose the cryptocurrency you wish to withdraw from Binance.
3. Enter Withdrawal Address:
Paste the external wallet address where you want to send your cryptocurrency.
Make sure this address is accurate and compatible with the cryptocurrency you are withdrawing.
4. Enter Amount:
Enter the specific amount you want to withdraw from your account — you might require the verification process after that Binance will initiate the transfer process
Note: Withdrawal times vary depending on network congestion and blockchain confirmations.
HOW TO TRANSFER CRYPTOCURRENCY FROM BINANCE TO BINANCE
Transferring cryptocurrency between Binance accounts is straightforward and often instantaneous:
1. Login and Access Funds:
Login to Binance and ensure both accounts (sender and receiver) are verified.
2. Tap on Wallet:
Go to the 'Wallet' tab and click on ‘Funding’ 3. Tap on Pay:
Tap on Pay and then click on ‘Send’ 4. Enter Details:
Enter the receiver’s Binance UID, email address or phone number associated with their Binance account.
Double-check this information to avoid errors.
5. Confirm Transfer:
Review the details and tap on continue. Enter the amount you wish to send
6. Completion: The transfer will be completed instantly and will be shown in the receiver’s account balance.
EASY PEASY
By following these steps, you can confidently deposit, withdraw, and transfer cryptocurrencies on Binance.
Also, learn how to buy cryptocurrency via P2P trading
When it comes to crypto trading there's only one name that rings a bell - BINANCE
And guess what?
Today BINANCE absolutely CRUSHED a HUGE milestone - 200 MILLION USERS
Today is the day for massive shoutout to BINANCE for making crypto trading easier, safer and way more accessible than ever before.
WE SEE YOU BINANCE - AND WE APPRECIATE YOU FOR BRINGING US THE BEST
Binance continues to set the industry standard, constantly raising the bar with exceptional features that will give you crypto chills. It is the most trusted platform in the game, bar none.
THE UNDISPUTED CHAMP
Let's Give a Tribute to the King Why Binance Reigns Supreme
Binance offers an EXTENSIVE range of cryptocurrencies. Whether you're into the original Bitcoin or the latest memecoins, Binance most likely has it available.
The trading fees on Binance are some of the lowest around at just 0.1% per trade - That means more crypto for you and less for the platform – that's how Binance rolls 🙌🏻
BINANCE P2P
Binance P2P lets you buy and sell crypto directly with other users using tons of payment methods -
Binance has got all covered for you all, right?
LAUNCHPOOL
The most favorite one!
This is a platform on Binance exchange that allows users to stake their Crypto assets such as BNB or other coins to earn new tokens from new projects for free!
Literal free
One of the best - one after another successes of launchpools it’s a never ending series
MEGADROP
Binance Megadrop is a platform that allows users to participate in token launches and airdrops It integrates the Binance Simple Earn and the Binance Web3 Wallet offering users early access to Web3 projects and opportunities to earn rewards through engaging activities And, you can earn double rewards if Launchpool and Megadrop runs side by side — subscribe BNB to locked products and enjoy!
BINANCE ACADEMY
Binance Academy is a leading blockchain and cryptocurrency education platform featuring articles and courses on blockchain, cryptocurrency, Web3 and more - it serves millions of learners across the world in more than 30 languages Isn't this amazing?
COPY TRADING
For newbies who want to hardened their footsteps in crypto world
Copy trading allows you to copy experienced traders portfolios in real-time
After determining your investment amount the system will automatically copy trades from the lead traders you follow SIMPLE EARN Binance Simple Earn allows users to lend their cryptocurrency to other users on the Binance platform who need it for margin trading.
In return, you receive interest on your holdings The interest rates vary based on the investment option you choose ranging from 1% to 20% per annum
Get Ready!
PASSIVE INCOME OPPORTUNITIES You guys can earn passive income through staking, BNB vault and earning accounts
ADVANCED TRADING FEATURES Binance caters to experienced traders with advanced tools like various order types, charting features, and automated trading options
You are in good hands, believe me or not
MOBILE APP FLEXIBILITY Binance’s mobile app available for iOS and Android offers both advanced and lite modes for convenient trading on the go
Now you have the facility at every step!
COMPREHENSIVE EDUCATION CENTRE The exchange provides extensive educational resources to help users expand their knowledge of cryptocurrencies and trading strategies For instance, Binance square is the ultimate source of knowledge for everybody around
NFT TRADING
Binance has its own NFT marketplace where you can buy, sell and create non-fungible tokens The platform supports NFT categories including art, collectibles, gaming items and more — get in line
COMPLETE SET OF TOOLS This includes advanced charts with different indicators and tools for drawing various order types such as limit and market orders, stop-limit orders and much more
Additionall, it provides you with trading bots that let you automate your trading plans
CRYPTOCURRENCIES AVAILABLE
Binance believes in providing you with the best diverse genres of cryptocurrencies This big selection lets everyone around to mix up their investments and find lots of chances to trade in the crypto world Hold Up - There's More
- Binance offers pro-level charting, indicators and order types - Perfect for seasoned traders - Newbies - let’s start learning today - Trade anywhere anytime
It’s a never ending series - Binance just keeps getting better
With Binance you'll never get bored – there's always something new to explore and discover
KEEP CRUSHING IT CHAMP
Let's Raise a Glass to the KING - Here's to Binance, many more milestones to come 🥂
THANKS FOR BEING SUCH A DOPE CRYPTO EXCHANGE - WE DIG IT
Lista DAO — an open-source liquidity protocol for LSDfi on the BNB Smart Chain designed to help you earn yields on your crypto assets and borrow a decentralized stablecoin called lisUSD. You now can stake your BNB liquidity on Lista to mint slisBNB or to borrow lisUSD using a range of decentralized collateralized assets and their corresponding LST.
1- A Liquidity Protocol:
You can deposit your crypto assets such as BNB, ETH, and Stablecoins into the protocol and start earning interest or yields on them.
2- Collateralized Crypto Assets:
When you deposit your crypto assets, they are used as collateral. This means you can borrow against these assets - isn't that great?
3- Decentralized Stablecoin (lisUSD):
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value, often linked to a fiat currency like the US dollar. lisUSD is called a "Destablecoin," emphasizing its decentralized nature.
Let’s come to the hottest news in town!
INTRODUCING veLISTA LOCK-UP
From July 24, you can convert your LISTA tokens to veLISTA to supercharge your voting power and claim a share of the protocol's revenues.
This means you'll have a say in the future direction of the protocol and enjoy a piece of the earnings after operating expenses are covered.
Are you ready to make your tokens work for you like never before?
LISTAPIE INCENTIVES
Get ready for the veLISTA launch! But just before the launch LISTA token holders have the opportunity to stake their tokens to the Listapie platform and earn amazing rewards such as Lista stardust, Listapie airdrop, and Listapie IDO Quota for early-stage project investments.
There's also a special event on the Galxe platform with 5,000 USDT in rewards for LISTA token holders — I am sure you are not going to miss it!
And, let’s not forget about slisBNB - BNB's yielding and liquid staking token
Currently, there are 394,000 BNBs staked on Lista DAO, totaling about $225 million. And there's more - slisBNB has numerous use cases within the BNB chain's ecosystem. The excitement is building up!
HOW DOES LISTA DAO WORKS
1- Earning Yields When you deposit your crypto assets, they are used for different DeFi activities such as lending, staking, and providing liquidity in various pools.
The great part is that you can earn interest or yields on your deposited assets as a result. Happy investing!
2- Borrowing lisUSD:
By using your deposited crypto assets as collateral, you can borrow lisUSD. For instance, if you have deposited ETH, you can easily borrow lisUSD against the value of your ETH with confidence.
3- Collateral-Backed:
Similar to how MakerDAO operates with DAI, Lista DAO ensures that each lisUSD is backed by collateral in the form of crypto assets.
This guarantees the stability and trustworthiness of lisUSD. $LISTA — BENEFITS AND RIGHTS OF HOLDERS
The functions of $LISTA are as follows:
1- $LISTA token holders have the power to vote on protocol governance decisions.
2- By borrowing lisUSD against collaterals or participating in liquidity farming in the lisUSD and slisBNB pool, users can earn LISTA tokens as rewards.
3- Users can lock their LISTA tokens as veLISTA to exercise their voting rights for minting lisUSD and providing LP with higher emissions.
4- Additionally, those who lock their LISTA for veLISTA will also qualify for fee sharing.
WHY I ALWAYS CHOOSE LISTA?
At LISTA, security is prioritized above all else. Their DeFi products are exceptional & undergo strict audits by leading firms, and they independently manage their validator node to ensure top-notch security for you all!
THIS IS NOT IT!
Their seamless UI is designed to provide an intuitive and easy-to-use experience for all users, making it enjoyable and accessible.
You guys can unlock sustainable yield opportunities across the BNB Chain by minting lisUSD and slisBNB & this might allow users to participate in yield farming or staking opportunities that offer a sustainable return
THE FUTURE PROSPECTS FOR slisBNB
1. Liquid Staking — Growing Adoption
Liquid staking is becoming increasingly popular as it allows users to earn staking rewards while maintaining liquidity.
slisBNB, as a liquid staking token, benefits from this trend. With 394,000 BNB already staked on Lista DAO, totaling approximately $225 million, the demand for slisBNB is likely to grow as more users seek to maximize their returns without locking up their assets.
2. Ecosystem Integration: Though slisBNB has multiple use cases within the BNB Chain ecosystem, which enhances its utility and adoption.
As the BNB Chain continues to expand and integrate with more DeFi protocols and dApps, the demand for slisBNB is expected to rise.
This integration will facilitate easier access to liquidity and yield opportunities for users holding slisBNB.
3. Yield Opportunities:
Talking about slisBNB and yield opportunities doesn't come across — how is that possible??
You can stake BNB and mint slisBNB, while unlocking a world of yield farming and staking possibilities — YES!
With the continuous launch of DeFi projects and protocols on the BNB Chain, slisBNB holders will gain even more ways to reap rewards. This surge of interest and investment could push slisBNB to the forefront of the liquid staking space.
4. Competitive Advantage:
The persistent focus on security and delivering a seamless user experience is what sets Lista DAO apart, giving us a clear competitive edge.
Every product at LISTA DAO is subjected to strict audits by top-tier firms, and the particular management of the validator node guarantees unparalleled security. This creates a sense of trust and assurance among users, positioning slisBNB as the preferred choice for those seeking a secure way to stake their BNB and earn yields.
FUTURE OF LISTA DAO IN LIQUIDITY STAKING
As I told you earlier that future of LISTA DAO is ever-bright and sustainable — let’s have a look:
1- Collateralised Assets:
Lista DAO's model of allowing users to deposit various crypto assets such as BNB, ETH, and stablecoins as collateral offers significant flexibility. By expanding the range of supported collateralized assets and their corresponding liquid staking tokens (LSTs), Lista DAO can attract a broader user base.
This will enhance liquidity and provide more options for users to earn yields and borrow lisUSD.
2- Community Involvement:
The introduction of veLISTA lock-up, which allows users to convert LISTA tokens to veLISTA, supercharges voting power and claims a share of the protocol's revenues.
This decentralization of governance empowers the community, making it more attractive for new users and investors. Active community involvement can lead to more innovative proposals and improvements, ensuring the protocol evolves to meet users' needs — the future of LISTA is ever-bright
3- Stablecoin Utility and Adoption — lisUSD
lisUSD, the decentralized stablecoin of Lista DAO, plays a crucial role in the ecosystem. Its collateral-backed nature ensures stability and trustworthiness.
As DeFi continues to grow, the demand for decentralized stablecoins like lisUSD will increase. Lista DAO's ability to maintain a stable lisUSD value while offering competitive yields will be pivotal in attracting more users and liquidity.
4. Incentive Programs and Rewards:
A most favorite topic among the community - Lista DAO's incentive programs, such as the Listapie platform rewards and the Galxe platform event with 5,000 USDT in rewards, and much more running are effective strategies to attract and retain users.
These incentives not only reward existing users but also draw in new participants looking to benefit from the protocol's offerings.
5. Security and Audits:
Lista DAO places security at the forefront, just as any top-notch protocol should.
- By subjecting itself to rigorous audits from top firms
- diligently overseeing its validator node independently
Lista DAO guarantees airtight security for users' assets. As security remains a major concern for countless potential DeFi users, Lista DAO's commitment to rock-solid security measures promises to be a game-changer !
By continuing to innovate and adapt to the evolving DeFi landscape, Lista DAO can solidify its position as a leading liquidity protocol on the BNB Smart Chain —
$BTC - flat on its back, LTF flipped bearish Looking for a retest of support or a possible double bottom to confirm the reversal Keep those stops tight 👊🏻
PASSIVE INCOME COULD BE A LIFE SAVIOR — BINANCE HAS THE OPPORTUNITIES
Hey, Binancians! Let's have a detailed look at passive income and its benefits PASSIVE INCOME — a popular concept among investors and people seeking financial independence like many of us around!
The crypto space is getting vast every passing day and the benefits of interacting in it have skyrocketed! Unlike active income, which requires continuous effort and time, passive income is earned with minimal ongoing work — you don't need a continuous eye in earning passive income unlike you have to do in trading.
This allows everybody around to diversify their income streams and potentially achieve greater financial stability — YES
BINANCE SUPREMACY & PASSIVE INCOME
One of the leading platforms facilitating various avenues for passive income is Binance, a global cryptocurrency exchange known for its comprehensive suite of financial products and services - bet me you don't want to miss this WHAT IS PASSIVE INCOME Passive income is the earnings that individuals derive from experiences in which they are not actively involved. In the cryptocurrency realm, Binance provides a variety of mechanisms for users to generate passive income.
WAYS TO EARN PASSIVE INCOME VIA BINANCE
1. Staking
Staking is a process where you can participate in the network of a particular blockchain by locking up your assets to support operations such as transaction validation. In return, you receive rewards, often in the form of additional cryptocurrency.
Binance simplifies staking for its users by offering a staking service that supports multiple cryptocurrencies. You guys can earn rewards without the technical complexities typically associated with staking.
2- Locked and Flexible Earning
Flexible savings offer liquidity, allowing users to withdraw their funds at any time while still earning interest. Locked savings, on the other hand, offer higher interest rates in exchange for locking your funds for a fixed period.
3- Launchpool
Binance Launchpool is a platform where you can stake your Binance Coin, Binance USD BUSD, FDUSD, or other supported tokens to farm new tokens for free. This initiative provides a way for users to earn new cryptocurrency tokens in return for staking their existing assets. It offers an opportunity to participate in new projects at an early stage and gain exposure to potential growth.
4- Liquidity Farming
Binance Liquidity Farming, also known as Yield Farming, allows users to provide liquidity to different trading pairs on the Binance platform. In return for supplying liquidity, users earn a share of the trading fees generated from transactions within those pairs. Additionally, Binance often offers additional incentives, such as liquidity provider (LP) tokens or rewards in the form of the platform’s native token. You are good to go here 😉
5- Crypto Lending
Binance provides you with Crypto lending — which allow you to lend your cryptocurrencies to borrowers in exchange for interest payments. By lending your cryptocurrencies, you can earn passive income from the interest generated by the loans. 6- Binance Earn
Binance Earn is a comprehensive suite of financial products designed to help you grow your cryptocurrency holdings.
It includes various offerings such as flexible savings, locked savings, staking, Launchpool, and more. Binance Earn simplifies the process of earning passive income by providing a centralized platform where you can access and manage your different passive income streams.
All in all,
Earning passive income on Binance is accessible through a variety of methods that cater to different risk appetites and investment strategies. From staking and savings to liquidity farming, Binance provides numerous opportunities for users to grow their cryptocurrency holdings with minimal ongoing efforts — LFG 🚀