#BIO Be cautious when it comes to price expectations for this new project. On the listing day, the circulating supply will be 1.2 billion tokens. Let’s break down the math:
If the market cap is $1.8 billion, the token price will be around $1.50.
For a market cap of $180 million, the price would only be $0.15.
Now, consider this: for the token to reach $4, the market cap would need to skyrocket to over $5 billion—an incredibly unrealistic figure for a brand-new project entering the market.
Don't be misled by claims of $4 or $5 prices so soon. Such numbers would require a market cap far beyond what’s achievable in the early stages of any project. Always do your calculations and evaluate the fundamentals before forming expectations.
How to Easily Withdraw Money from Binance to Your Bank Account
Step by Step Guide----👇
Binance is one of the leading cryptocurrency platforms, allowing users to trade and manage digital assets. If you’ve made profits and want to transfer money directly to your bank account, here’s a simplified step-by-step guide to help you. --- Step 1: Complete Your KYC Verification Before withdrawing funds, you need to complete Binance’s Know Your Customer (KYC) verification to ensure account security and comply with regulations. 1. Log into your Binance account. 2. Click the "Profile" icon in the top-right corner. 3. Select "Identification" from the dropdown menu. 4. Upload the required documents, like your ID and proof of address. 5. Wait for Binance to verify your documents. This could take a few minutes or up to a few days, depending on demand. --- Step 2: Convert Cryptocurrency to Fiat (If Needed) If you have cryptocurrency but want to withdraw cash, you’ll need to convert your crypto into a fiat currency like USD or EUR. 1. Go to the "Trade" menu on the Binance dashboard. 2. Choose "Classic" or "Advanced" trading options. 3. Find the trading pair for your crypto, such as BTC/USD. 4. Sell your cryptocurrency by entering the amount and completing the trade. 5. The fiat currency will be credited to your Binance fiat wallet. --- Step 3: Withdraw Funds to Your Bank Account Once your fiat balance is ready, you can withdraw it to your bank account. 1. Click "Wallet" in the top menu, then select "Fiat and Spot." 2. Locate your fiat currency and click "Withdraw." 3. Choose the "Bank Transfer" option. 4. Enter your bank details, including your bank name, account number, and other required information. Double-check the details to avoid mistakes. 5. Enter the withdrawal amount and review the transaction fee. 6. Confirm the withdrawal and complete the two-factor authentication (2FA) process if prompted. 7. Wait for the transaction to process. The funds will usually appear in your bank account within minutes to a few days, depending on your bank and location. --- Step 4: Confirm Your Bank Account Balance Finally, check your bank account to confirm the transfer. If the money hasn’t arrived within the expected timeframe, review the withdrawal status: 1. Go to the "Wallet" section on Binance. 2. Check your "Withdrawal History" for updates. --- Tips for Smooth Withdrawals Check Fees: Binance may charge withdrawal fees depending on the payment method and region. Review the fees before proceeding. Provide Accurate Details: Double-check your bank account information to avoid delays or errors. Secure Your Account: Enable two-factor authentication (2FA) to add extra security to your Binance account. --- Conclusion Withdrawing money from Binance to your bank account is simple once you’ve completed KYC verification and converted your crypto to fiat. By following these steps, you can easily transfer your funds to your bank and access your money whenever you need it. Always stay updated on Binance’s policies to ensure a hassle-free experience! #BTCNextMove #ElSalvadorBTCReserve #Write2Earn #writetowin #Write&Earn
😱📉Today, we've entered the last Bear Trap before the historic Bull Rally 🔥
The next $BTC target is $260,000 and altcoins will skyrocket as well.
In 2020, I bought $SOL and $MATIC during the similar bear trap and my portfolio did 120x.
Now, I'm also buying 100x lowcaps🧵👇
We put a lot of research and work into this thread before reading it.🙏 🚨
Very Important 🚨 Please follow @Coinaute and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
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The crypto market follow predictable cycles, and those who can spot the next phase are the ones who win big.
Every cycle has four key phases: 1⃣ Accumulation 2⃣ Markup 3⃣ Distribution 4⃣ Markdown
During every cycle you’ll always find at least one bear trap - whales’ favorite trick to fake a downtrend and scoop up cheap coins.
The biggest bear traps usually show up right before the Acceleration phase - whales see it as the last chance to buy before the big rally starts.
Next week, we’re coming out of this cycle's final bear trap - right before parabolic growth and a new $BTC all-time high.
This same pattern played out in 2016 and 2020, and both times, massive bull runs began shortly after.
In both 2016 and 2020, the key to success was identifying bear traps and investing in altcoins during the fear, just before major altseasons began.
Right now, we’re seeing the same setup again, and I’m already accumulating the most promising alts 👇 ▫️ $ORAI
@oraichain is the world’s first AI-powered oracle and ecosystem for blockchains, serving as a foundational layer for the next generation of smart contracts and DApps.
Total Rewards: 99,600,000 BIO (3% of Genesis Supply)
BNB Pool: 84,660,000 BIO (85%)
FDUSD Pool: 14,940,000 BIO (15%)
💸Token Info:
Max Supply: 3,320,000,000 BIO
Initial Circulating Supply: 1,296,529,168 BIO (39.05%)
Blockchain: Ethereum
Daily BIO Farming Rewards (2024-12-24 to 2025-01-02):
Total: 9,960,000 BIO
BNB Pool: 8,466,000 BIO
FDUSD Pool: 1,494,000 BIO
🛑Note:
Hourly cap per user: 35,275 BIO (BNB Pool) & 6,225 BIO (FDUSD Pool)
KYC required to participate.
Beware of fraudulent claims before the official listing.
For more details, visit the Website, Research Report, or check the Whitepaper.
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Simple Earn Year-End Special Offer: Enjoy 16.2% APR With FDUSD and 7% APR With EURI Products!
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, To celebrate the end of the year, Binance Simple Earn is excited to announce a new round of Simple Earn Stablecoins Specials! During the Promotion Period, eligible users may enjoy 16.2% in APR rewards with FDUSD Fixed Rate Locked Products and 7% Bonus Tiered APR rewards with EURI Flexible Products on top of Real-Time APR rewards! Enjoy Up to 16.2% APR With FDUSD and 7% APR With EURI Simple Earn Products Promotion Period: 2024-12-18 00:00 (UTC) to 2024-12-31 23:59 (UTC)Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.Rewards Distribution: Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.Locked Product APR: Distributed to users’ Spot Wallets on a daily basis. Offered Products (Simple Earn Products): Digital AssetLocked DurationAPRMin. Subscription Limit per UserMax. Subscription Limit per UserTotal Subscription PoolEURIFlexibleReal-Time APR + 7% Bonus-Tiered APR (0.1 - 500 EURI)0.1 EURI2,000,000 EURI300,000,000 EURIFDUSD14 days16.2%(Fixed Rate)0.1 FDUSD1,000 FDUSD15,000,000 FDUSD How to Get Started: Buy FDUSD or EURI on the Spot market or the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit FDUSD or EURI to their Binance accounts. Head to [Simple Earn], and search for FDUSD or EURI. Select 14 Days and subscribe to FDUSD Locked Products to start earning 16.2% APR, or select Flexible and subscribe to EURI Flexible Products to enjoy 7% Bonus Tiered APR! Subscribe Now! About Binance Simple Earn: Binance Simple Earn allows users to earn daily rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning daily rewards. Please note: Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn.Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.APR Rewards:Fixed Rate Locked Products:The Fixed APR will remain the same throughout the entire Locked Simple Earn Term. Any available changes to the APR will only apply to users’ new, and not existing, FDUSD Locked Product subscriptions. Reward Calculation Period: From 00:00 (UTC) on the day after users subscribe to Locked Products, until the end of the subscription period.Early Redemption: Users may redeem locked assets early, but all rewards received will be forfeited. Assets are generally returned to users’ Spot Wallets within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances, such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. Please see our terms and risk warning for more details. Flexible Products:Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the users’ Spot Wallets.All users who hold open positions for EURI Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the Promotion ends, users will be entitled to Real-Time APR rewards only. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. APR rewards are distributed from Binance’s own funds, and are determined based on the assessment and evaluation of prevailing market conditions. This Promotion is not associated with the issuer of FDUSD or EURI in any manner.The assets users deposit in Simple Earn may be loaned to other Binance users (e.g., Margin and Crypto Loan products).Users may view their Simple Earn Products subscriptions by going to Wallets > Earn > Simple Earn. Unlock period:Flexible Products: Instant. Locked Products: One day. For more information: Simple Earn Locked Products and Simple Earn Flexible Products.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Additional Promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-18 Disclaimer: EURI is an e-money token issued by Banking Circle S.A (https://www.bankingcircle.com/). EURI’s whitepaper is available here. You may contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com. EURI purchasers can exchange their EURI at par value for funds denominated in the official currency that the EURI is referencing (EUR) for the monetary value of the EUR held by Banking Circle for the purchaser of the EURI.
Hey, Binance Square family! 👋 If you're still bullish on ORDI, we've got some good news! 👀 The price has recently dipped, but this could be a fantastic buying opportunity. Why is this a good time to buy? The ORDI chart is currently forming a descending triangle pattern. 📈 This is a bullish technical pattern that suggests a breakout to the upside is likely. How to Approach Buying: We recommend a staged buying approach. You can either buy within the descending triangle pattern or wait for a dip to the support block. This allows you to average down your entry price if the price dips further. Potential Targets: Our minimum target is a 20% gain from your entry price. 📈 Disclaimer: This is not financial advice. Always do your own research and trade responsibly. What do you think, Binance Square family? Is this a good time to buy ORDI? Let us know in the comments below! 👇 Don't forget to like and share this post! ❤️ We love hearing your thoughts and insights. #ORDI #BinanceSquare #Crypto #Trading Let's make it rain, Binance Square! 🌧️💰
Hey, Binance Square family! 👋 If you're still bullish on ORDI, we've got some good news! 👀 The price has recently dipped, but this could be a fantastic buying opportunity. Why is this a good time to buy? The ORDI chart is currently forming a descending triangle pattern. 📈 This is a bullish technical pattern that suggests a breakout to the upside is likely. How to Approach Buying: We recommend a staged buying approach. You can either buy within the descending triangle pattern or wait for a dip to the support block. This allows you to average down your entry price if the price dips further. Potential Targets: Our minimum target is a 20% gain from your entry price. 📈 Disclaimer: This is not financial advice. Always do your own research and trade responsibly. What do you think, Binance Square family? Is this a good time to buy ORDI? Let us know in the comments below! 👇 Don't forget to like and share this post! ❤️ We love hearing your thoughts and insights. #ORDI #BinanceSquare #Crypto #Trading Let's make it rain, Binance Square! 🌧️💰
BFUSD is a special asset on Binance designed for Futures traders. It works as collateral for trades while offering daily USDT rewards.
By holding BFUSD, users can earn daily rewards in USDT, with additional rewards available for those actively trading USDⓈ-M Futures using BFUSD as collateral. These rewards are powered by Binance’s strategies like delta-neutral hedging and Ethereum staking.
To ensure stability during tough market conditions, a Reserve Fund—initially funded with 1 million USDT—supports BFUSD’s hedging mechanism, offering protection against negative funding rates.
What Is BFUSD?
BFUSD is a reward-earning asset designed exclusively for Binance Futures users. It’s a special tool that allows traders to earn extra rewards when using it as margin for futures trading. But what exactly is BFUSD and how does it work?
How Does BFUSD Work?
Binance Futures users can buy BFUSD to boost their trading power and earn passive income. In other words, when you buy BFUSD, you’re essentially converting your USDT into an asset that works as trading collateral while also generating rewards.
Users can qualify for daily USDT rewards by simply holding BFUSD in their Binance USDⓈ-M Futures wallet. In addition, if they use BFUSD for futures trading, they can get even higher USDT rewards.
BFUSD Rewards
BFUSD rewards are based on Binance’s investment and hedging strategies, which consist mostly of delta hedging and ether (ETH) staking.
Delta hedging is a strategy that involves hedging ETH and other cryptocurrencies between the spot and futures markets. The idea is to collect funding fees by opening trading positions that offset each other and greatly reduce risks.
The ETH staking strategy involves using the funds collected from BFUSD sales to buy and stake ETH. The staking rewards are then used to fund the rewards given to BFUSD holders.
The Daily Reward Rates are calculated daily, but the exact rate varies depending on how much Binance earns from its hedging and staking activities.
Base Rate and Boosted Rate
Binance splits rewards into two categories:
Base Rate: USDT rewards for simply holding BFUSD in your Binance USDⓈ-M Futures wallet.
Boosted Rate: Higher reward rate for those who actively trade using BFUSD as collateral.
Reserve Fund
The BFUSD Reserve Fund is a special fund created by Binance to protect users from the potential impact of negative funding rates. The fund started with 1 million USDT, but it has grown over time as a portion of the income generated by Binance’s investment and hedging strategies are allocated to it.
How to Use BFUSD
BFUSD can be used as margin in Binance Futures markets, enabling traders to increase their leverage and trading power. You can start using BFUSD in a few simple steps:
Log in to your Binance account.
Navigate to the Futures page and find the BFUSD section.
Click [Buy] BFUSD, enter the amount of USDT you want to convert and click [Confirm].
Enable Multi-Asset Mode: This allows BFUSD to be used as margin in your trades.
Start earning: You can hold your BFUSD for passive earnings or boost your rewards by using BFUSD as margin when trading futures.
Redeeming BFUSD
If you decide you no longer want to hold BFUSD, you can redeem it back into USDT at a 1:1 ratio. Follow these steps to redeem your BFUSD:
Go to your Binance account, navigate to the Futures page, and find the BFUSD section.
Click [Redeem].
Enter the amount of BFUSD you want to convert and confirm.
Keep in mind, there are small fees for both buying and redeeming BFUSD. Also, in rare cases of high demand, Binance might delay redemptions for up to seven days.
Why Should You Use BFUSD?
Benefits for Traders
Earn passive rewards: You can earn USDT rewards every day by simply holding BFUSD in your Binance Futures wallet.
Boost your trading: By using BFUSD as margin, you can access more capital for your trades.
Flexibility: You can redeem BFUSD for USDT in just a few simple steps.
Protection from risks: Binance has set up a Reserve Fund to reduce risks and keep rewards relatively stable.
Things to Consider When Using BFUSD
While BFUSD is a great tool for futures traders, there are a few things to keep in mind:
Fees: Each time you buy or redeem BFUSD, there’s a small fee (usually 0.1%).
Market risk: Your rewards depend on market conditions. On bad days, you might earn less than expected.
Redemption delays: If lots of people try to redeem BFUSD at the same time, you might have to wait a few days for Binance to process it.
Closing Thoughts
BFUSD is a great tool for Binance Futures traders who want to maximize their trading potential while earning some extra income. It’s flexible, easy to use, and backed by solid investment strategies. Whether you’re a passive HODLer or an active trader, BFUSD can be a valuable addition to your trading toolkit.
That said, always keep an eye on fees, market risks, and Binance’s terms. If you’re ready to give BFUSD a try, head over to the Binance Futures section and start exploring its benefits today!
Further Reading
Your Guide to Binance Launchpad and Launchpool
What Is a Stablecoin?
What Is Crypto Staking and How Does It Work?
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