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**New Airdrop Alert: Sender Wallet Funded by Binance Lab** **Hi there! I hope everyone is doing well. We have an exciting new project with great rewards!** **Earn:** Sender Points (soon convertible to SenderDAO Tokens) **Steps to Join:** - ➖ **Download the Sender Wallet** app from the Play Store - ➖ **Set up your wallet** and ensure you back it up - ➖ **Transfer 0.11 NEAR** to your Sender Wallet - ➖ **Connect** your Sender Wallet - ➖ **Log in daily** and enjoy the Candy Box rewards **Don’t miss out on this fantastic opportunity!**

**New Airdrop Alert: Sender Wallet Funded by Binance Lab**

**Hi there! I hope everyone is doing well. We have an exciting new project with great rewards!**

**Earn:** Sender Points (soon convertible to SenderDAO Tokens)

**Steps to Join:**

- ➖ **Download the Sender Wallet** app from the Play Store

- ➖ **Set up your wallet** and ensure you back it up

- ➖ **Transfer 0.11 NEAR** to your Sender Wallet

- ➖ **Connect** your Sender Wallet

- ➖ **Log in daily** and enjoy the Candy Box rewards

**Don’t miss out on this fantastic opportunity!**

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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**🔴🔴 ATTENTION TRADERS 🔴🔴** If you’re involved in futures trading, this is a crucial read for you. **🔴 LEVERAGE: A POTENTIAL MARKET HAZARD** - **Caution Advised:** I've frequently advised against using futures and leverage, especially for newcomers to crypto trading. Even with 3-4 years of experience, it's best to avoid them. - **Understanding Impact:** This discussion focuses on understanding how leverage affects crypto market movements. **🔴 WHAT IS LEVERAGE?** - **Amplified Trading:** Leverage allows you to amplify your trading position. For example, if you open a trade with $500 using 10X leverage, it acts as if you have $5000. - **Exchange Lending:** The exchange (e.g., Binance) lends you $4500. If the price drops by 10% (your $5000 becomes $4500), your position is automatically closed to prevent you from owing the exchange, a process called liquidation. - **Liquidation Process:** When you get liquidated on a long position, it creates a market sell-off at the moment of liquidation. Your remaining $4500 is sold to recover the exchange's money. **🔴 LEVERAGE ON A LARGER SCALE** - **Massive Impact:** Imagine 100,000 traders go long with 10X leverage on ETH at different levels: $2.8K, $3K, and $3.2K. If the price drops to $2.7K, a 10% decrease from $3K, those traders will be liquidated. - **Cascading Effect:** This triggers massive sell orders, significantly pushing down ETH's price. It could drop further to $2.5K due to cascading liquidations, affecting those who entered at $2.8K and continuing the cycle. **🔴 RISK OF FLASH CRASHES** - **Rapid Liquidations:** Excessive leveraged positions create a risk of rapid, intense liquidations, leading to "flash crashes" where ETH can drop 15-20% within minutes. - **Not Just Crypto:** This phenomenon is not limited to crypto; it also occurs in traditional finance, affecting banks, hedge funds, and other entities. **Stay informed and trade wisely!** #ETH🔥🔥🔥🔥 #ETHETFsApproved
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**🌟 How to Start Crypto Investment with Just $10 🌟** **Step 1: Create and Verify Your Binance Account** 1. **Sign Up:** - Visit the Binance website or download the Binance app. - Click "Register" and fill in your details to create an account. 2. **Verification:** - Complete the KYC (Know Your Customer) process by submitting the required ID documents. - This step increases withdrawal limits and enhances account security. **Step 2: Secure Your Account** 1. **Enable Two-Factor Authentication (2FA):** - Set up 2FA for an extra layer of security. 2. **Use a Strong Password:** - Ensure your password is strong and unique. **Step 3: Deposit Funds** 1. **Deposit Fiat:** - If you have USD or other fiat currency, deposit it into your Binance account via bank transfer, credit/debit card, or other available methods. 2. **Deposit Crypto:** - If you already own cryptocurrency, deposit it into your Binance wallet. **Step 4: Buy Cryptocurrency** 1. **Navigate to the Markets:** - Go to the “Markets” section to view available trading pairs. 2. **Choose a Trading Pair:** - If you deposited USD, consider pairs like BTC/USD or ETH/USD. - With $10, you might opt for affordable cryptos like BNB, ADA, or DOT. **Step 5: Manage Your Investment** 1. **Diversify:** - Even with $10, diversify your investment across different cryptocurrencies to spread risk. 2. **Stay Informed:** - Keep up with the latest market news. **Step 6: Secure Your Investments** 1. **Withdraw to a Wallet:** - Transfer your cryptos to a secure wallet (hardware or trusted software wallet) for long-term storage. 2. **Monitor Your Coins:** - Regularly check on your investments. **Tips for Beginners** - **Education:** Continuously learn about cryptocurrency and blockchain technology. - **Start Small:** Beginning with a small amount lets you learn and make mistakes without significant financial impact. **Happy Investing! 🚀** $ADA $BNB #altcoins #CryptocurrencyPredictions #ETHETFsApproved
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