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ADVANTAGES OF P2P TRADING
Advantages of Peer to Peer Trading
Access to a global marketplace
A P2P exchange will give you access to a global market of buyers and sellers, where crypto can be bought and sold within seconds.
More options for payment methods
There are often limitations with payment options on traditional exchanges. A P2P exchange removes this limitation as there are often many more options available.
Reduced trading fees
P2P exchanges will often offer reduced or minimized trading fees. As there’s no central server, each peer is responsible for storing and sending information, meaning no fees are charged by the application host.
Higher levels of privacy
While most P2P platforms will ask for sign-up, very little will ask for personal information such as identification/ passports/ etc.
Security and control
Users have complete control over currencies and protection over their identity as there’s no third-party involved. P2P has no single point of failure, so if a node goes offline or suddenly becomes unavailable, the network can still function.
$BTC
#P2PScamAwareness #P2PScamWarning
Access to a global marketplace
A P2P exchange will give you access to a global market of buyers and sellers, where crypto can be bought and sold within seconds.
More options for payment methods
There are often limitations with payment options on traditional exchanges. A P2P exchange removes this limitation as there are often many more options available.
Reduced trading fees
P2P exchanges will often offer reduced or minimized trading fees. As there’s no central server, each peer is responsible for storing and sending information, meaning no fees are charged by the application host.
Higher levels of privacy
While most P2P platforms will ask for sign-up, very little will ask for personal information such as identification/ passports/ etc.
Security and control
Users have complete control over currencies and protection over their identity as there’s no third-party involved. P2P has no single point of failure, so if a node goes offline or suddenly becomes unavailable, the network can still function.
$BTC
#P2PScamAwareness #P2PScamWarning
DISADVANTAGES OF P2P TRADING
Disadvantages of Peer to Peer Trading
Low liquidity
Peer to peer trading is still relatively new and has lower liquidity than centralized exchanges.
Slower trading speeds
Unlike traditional trading, where there’s no wait time with transactions for the buyer/ seller, P2P exchanges incur slower trading speeds. While the transaction is near-instant once both parties confirm the transaction, there may be delays from one party — slowing down the whole trade.
Lack of regulation
While the lack of rules that dictates trade activity is seen as one of the main benefits of P2P trading, it can also pose some challenges. Peers are responsible for managing their own transactions and are accountable for completing trades with the potential risk of unreliable buyers and sellers.
Attract borrowers with poor credit histories
The network’s freedoms attract those who no longer qualify for traditional loans and trade.
Possibility of scams
Accessing file sharing applications can raise security concerns, such as scams and malware.
A peer-to-peer exchange is known for the decentralized network, transparency and highly secure transaction mechanism.
While there are many advantages and disadvantages, peer-to-peer trade can be used to a buyer’s advantage.
#PeerToPeerScam #dailyguide #P2PScamAwareness
Low liquidity
Peer to peer trading is still relatively new and has lower liquidity than centralized exchanges.
Slower trading speeds
Unlike traditional trading, where there’s no wait time with transactions for the buyer/ seller, P2P exchanges incur slower trading speeds. While the transaction is near-instant once both parties confirm the transaction, there may be delays from one party — slowing down the whole trade.
Lack of regulation
While the lack of rules that dictates trade activity is seen as one of the main benefits of P2P trading, it can also pose some challenges. Peers are responsible for managing their own transactions and are accountable for completing trades with the potential risk of unreliable buyers and sellers.
Attract borrowers with poor credit histories
The network’s freedoms attract those who no longer qualify for traditional loans and trade.
Possibility of scams
Accessing file sharing applications can raise security concerns, such as scams and malware.
A peer-to-peer exchange is known for the decentralized network, transparency and highly secure transaction mechanism.
While there are many advantages and disadvantages, peer-to-peer trade can be used to a buyer’s advantage.
#PeerToPeerScam #dailyguide #P2PScamAwareness
HOW TO FIND CONTENTS AND CREATORS
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Binance Square features the [Discover], [Following], [News], [Academy], and [LIVE] sections in the app, and the [Discover] and [News] sections on the website.
Discover
The [Discover] tab recommends content for you to explore and engage with based on your interests, preferences, and engagement history. You can discover popular and trending posts from the Binance Square community, as well as curated content from verified and influential users.
Following
The [Following] tab displays content exclusively from creators you follow. You can stay connected with your favorite creators without missing any of their latest content.
To find specific content or creators, enter keywords or the creator's name in the search bar at the top.
News, Academy and Live
The News, Academy, and Live tabs on Binance Square provide users with a centralized location to access and explore various types of content.
News Tab: The News tab features curated and up-to-date news articles, market updates, and important announcements related to cryptocurrencies, blockchain technology, and the broader financial landscape.
Academy Tab: The Academy tab is dedicated to educational content. It provides a wealth of resources, tutorials, guides, and informative articles to help users enhance their understanding of cryptocurrencies, blockchain technology, trading strategies, security practices, and other relevant topics.
Live Tab: The Live tab offers users access to live streams, webinars, and real-time events hosted by industry experts, influencers, and thought leaders. Users can engage in live discussions, ask questions, and gain insights directly from knowledgeable speakers.
#WeAreAllSatoshi #U.S.UnemploymentNewLow #BinanceLaunchpoolSCR
?
・
Binance Square features the [Discover], [Following], [News], [Academy], and [LIVE] sections in the app, and the [Discover] and [News] sections on the website.
Discover
The [Discover] tab recommends content for you to explore and engage with based on your interests, preferences, and engagement history. You can discover popular and trending posts from the Binance Square community, as well as curated content from verified and influential users.
Following
The [Following] tab displays content exclusively from creators you follow. You can stay connected with your favorite creators without missing any of their latest content.
To find specific content or creators, enter keywords or the creator's name in the search bar at the top.
News, Academy and Live
The News, Academy, and Live tabs on Binance Square provide users with a centralized location to access and explore various types of content.
News Tab: The News tab features curated and up-to-date news articles, market updates, and important announcements related to cryptocurrencies, blockchain technology, and the broader financial landscape.
Academy Tab: The Academy tab is dedicated to educational content. It provides a wealth of resources, tutorials, guides, and informative articles to help users enhance their understanding of cryptocurrencies, blockchain technology, trading strategies, security practices, and other relevant topics.
Live Tab: The Live tab offers users access to live streams, webinars, and real-time events hosted by industry experts, influencers, and thought leaders. Users can engage in live discussions, ask questions, and gain insights directly from knowledgeable speakers.
#WeAreAllSatoshi #U.S.UnemploymentNewLow #BinanceLaunchpoolSCR
A Complete Guide to Cryptocurrency Trading for Beginners
#bigginers #guide
1.Cryptocurrency trading, or the buying and selling of digital assets like Bitcoin and Ethereum, has emerged as a dynamic and potentially lucrative endeavor.
2.For beginners, it’s essential to understand what makes cryptocurrency unique, familiarize yourself with common trading concepts such as order books, trading pairs, and order types, and become comfortable with technical analysis charts and tools.
3.This comprehensive guide will teach beginners all this foundational knowledge and prepare you to embark on your crypto trading journey.
#bigginers #guide
1.Cryptocurrency trading, or the buying and selling of digital assets like Bitcoin and Ethereum, has emerged as a dynamic and potentially lucrative endeavor.
2.For beginners, it’s essential to understand what makes cryptocurrency unique, familiarize yourself with common trading concepts such as order books, trading pairs, and order types, and become comfortable with technical analysis charts and tools.
3.This comprehensive guide will teach beginners all this foundational knowledge and prepare you to embark on your crypto trading journey.
Top 10 Cryptocurrency
Cryptocurrency Price Market Capitalization
Bitcoin ($BTC BTC) $63,065 $1.25 trillion
Ethereum $ETH (ETH) $2,687 $323.42 billion
Tether (USDT) $1.00 $118.05 billion
Binance Coin $BNB (BNB) $555.70 $81.11 billion
Solana (SOL) $158.64 $73.94 billion
U.S. Dollar Coin (USDC) $0.9998 $34.53 billion
Ripple (XRP) $0.5922 $33.34 billion
Dogecoin (DOGE) $0.11 $15.35 billion
TRON (TRX) $0.1621 $14.06 billion
Toncoin (TON) $5.38 $13.64 billion
#BTC☀ #besttrader #WeAreAllSatoshi #Top10Crypto #bigdeallawson
Cryptocurrency Price Market Capitalization
Bitcoin ($BTC BTC) $63,065 $1.25 trillion
Ethereum $ETH (ETH) $2,687 $323.42 billion
Tether (USDT) $1.00 $118.05 billion
Binance Coin $BNB (BNB) $555.70 $81.11 billion
Solana (SOL) $158.64 $73.94 billion
U.S. Dollar Coin (USDC) $0.9998 $34.53 billion
Ripple (XRP) $0.5922 $33.34 billion
Dogecoin (DOGE) $0.11 $15.35 billion
TRON (TRX) $0.1621 $14.06 billion
Toncoin (TON) $5.38 $13.64 billion
#BTC☀ #besttrader #WeAreAllSatoshi #Top10Crypto #bigdeallawson
TODAYS CRYPTOCURRENCY MARKET CAP
The global crypto market cap is $2.17T, a 1.10% decrease over the last day.
The total crypto market volume over the last 24 hours is $72.86B, which makes a 7.71% decrease. The total volume in DeFi is currently $3.8B, 5.21% of the total crypto market 24-hour volume. The volume of all stable coins is now $67.24B, which is 92.29% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 56.73%, a decrease of 0.16% over the day.
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Market cap
Price
24h %
1
BTC logo
$BTC BTC
1.23T
$62,405.14
1.11%
2
ETH logo
$ETH ETH
293.81B
$2,446.31
0.09%
3
USDT logo
$USDT
119.77B
$0.9992
0.06%
4
BNB logo
$BNB BNB
85.07B
$583.15
2.04%
5
SOL logo
SOL
67.64B
$144.27
1.28%
6
USDC logo
USDC
35.05B
$0.9998
0.02%
7
XRP logo
XRP
30.12B
$0.5324
0.79%
8
DOGE logo
DOGE
15.69B
$0.1074
3.27%
9
TRX logo
TRX
13.86B
$0.16
2.25%
10
TON logo
TON
13.23B
$5.22
1.02%
11
ADA logo
ADA
12.04B
$0.3447
3.02%
12
AVAX logo
AVAX
10.79B
$26.56
1.56%
13
SHIB logo
SHIB
10.18B
$0.00001731
3.36%
14
LINK logo
LINK
6.83B
$10.91
3.23%
15
BCH logo
BCH
6.53B
$330.26
0.64%
16
DOT logo
#WeAreAllSatoshi #BinanceSquareFamily #marketcap #bigdeallawson
The global crypto market cap is $2.17T, a 1.10% decrease over the last day.
The total crypto market volume over the last 24 hours is $72.86B, which makes a 7.71% decrease. The total volume in DeFi is currently $3.8B, 5.21% of the total crypto market 24-hour volume. The volume of all stable coins is now $67.24B, which is 92.29% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 56.73%, a decrease of 0.16% over the day.
Read Less
Filters
Customize
All
NFTs
Categories
Token unlocks
♻️ Rehypothecated🔥 Memes🔥 Solana Eco🔥 AI🔥 Gaming🔥 RWA🔥 DePIN
Market cap
Price
24h %
1
BTC logo
$BTC BTC
1.23T
$62,405.14
1.11%
2
ETH logo
$ETH ETH
293.81B
$2,446.31
0.09%
3
USDT logo
$USDT
119.77B
$0.9992
0.06%
4
BNB logo
$BNB BNB
85.07B
$583.15
2.04%
5
SOL logo
SOL
67.64B
$144.27
1.28%
6
USDC logo
USDC
35.05B
$0.9998
0.02%
7
XRP logo
XRP
30.12B
$0.5324
0.79%
8
DOGE logo
DOGE
15.69B
$0.1074
3.27%
9
TRX logo
TRX
13.86B
$0.16
2.25%
10
TON logo
TON
13.23B
$5.22
1.02%
11
ADA logo
ADA
12.04B
$0.3447
3.02%
12
AVAX logo
AVAX
10.79B
$26.56
1.56%
13
SHIB logo
SHIB
10.18B
$0.00001731
3.36%
14
LINK logo
LINK
6.83B
$10.91
3.23%
15
BCH logo
BCH
6.53B
$330.26
0.64%
16
DOT logo
#WeAreAllSatoshi #BinanceSquareFamily #marketcap #bigdeallawson
This is the outline for the five popular coins on Binance market #BinanceUpdates #WeAreAllSatoshi #bigdeallawson #cryptoupdates2024
BTC,ETH,USDT WHICH ONE HAS THE HIGHEST DEMAND ON MARKET
BTC
100%
ETH
0%
USDT
0%
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