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What is Hot Wallet and How to Use a Hot Wallet❓
A hot wallet is a type of #cryptocurrency wallet that is always connected to the internet. This makes them convenient for everyday use, as you can use them to send and receive cryptocurrency quickly and easily. However, hot wallets are also more vulnerable to hacking than cold wallets, which are kept offline.
Here are some of the pros and cons of using a hot wallet:
Pros:
- Convenient to useEasy to set up and useCan be accessed from any device with an internet connection
Cons:
- More vulnerable to hacking than cold walletsNot as secure as cold wallets
Types of Hot Wallets:
There are three main types of hot wallets:
- Web-based wallets: These wallets are stored on a web server and can be accessed from any device with an internet connection.
- Mobile wallets: These wallets are stored on a mobile device and can be used to send and receive cryptocurrency on the go.
- Desktop wallets: These wallets are stored on a desktop computer and are more secure than web-based or mobile wallets.
How to Use a Hot Wallet:
To use a hot wallet, you will need to create an account and generate a private key. Your private key is used to access your cryptocurrency, so it is important to keep it safe. You should also keep your hot wallet software up to date to protect against security vulnerabilities.
Hot Wallets vs. Cold Wallets:
Hot wallets and cold wallets are the two main types of cryptocurrency wallets. Hot wallets are always connected to the internet, while cold wallets are kept offline. Cold wallets are more secure than hot wallets, but they are also less convenient to use.
Which Type of Wallet Should You Use?
The best type of wallet for you will depend on your individual needs. If you need to access your cryptocurrency frequently, then a hot wallet may be a good option for you. However, if you are storing a large amount of cryptocurrency, then you should consider using a cold wallet for better security.
#Cryptonews #cryptoFuture #BinanceSquareTalks #BinanceFeatures
A hot wallet is a type of #cryptocurrency wallet that is always connected to the internet. This makes them convenient for everyday use, as you can use them to send and receive cryptocurrency quickly and easily. However, hot wallets are also more vulnerable to hacking than cold wallets, which are kept offline.
Here are some of the pros and cons of using a hot wallet:
Pros:
- Convenient to useEasy to set up and useCan be accessed from any device with an internet connection
Cons:
- More vulnerable to hacking than cold walletsNot as secure as cold wallets
Types of Hot Wallets:
There are three main types of hot wallets:
- Web-based wallets: These wallets are stored on a web server and can be accessed from any device with an internet connection.
- Mobile wallets: These wallets are stored on a mobile device and can be used to send and receive cryptocurrency on the go.
- Desktop wallets: These wallets are stored on a desktop computer and are more secure than web-based or mobile wallets.
How to Use a Hot Wallet:
To use a hot wallet, you will need to create an account and generate a private key. Your private key is used to access your cryptocurrency, so it is important to keep it safe. You should also keep your hot wallet software up to date to protect against security vulnerabilities.
Hot Wallets vs. Cold Wallets:
Hot wallets and cold wallets are the two main types of cryptocurrency wallets. Hot wallets are always connected to the internet, while cold wallets are kept offline. Cold wallets are more secure than hot wallets, but they are also less convenient to use.
Which Type of Wallet Should You Use?
The best type of wallet for you will depend on your individual needs. If you need to access your cryptocurrency frequently, then a hot wallet may be a good option for you. However, if you are storing a large amount of cryptocurrency, then you should consider using a cold wallet for better security.
#Cryptonews #cryptoFuture #BinanceSquareTalks #BinanceFeatures
🤝 Is Binance Copy Trading Really a Free Lunch? My First Impressions! 🍽️💼
I recently dived into Binance's new Copy Trading feature, and here are my initial thoughts:
📊 Copy Trading lets you automatically mimic the trades of experienced traders. Great for newbies or diversifying portfolios.
🔍 You can browse through a variety of traders and choose based on ROI, PNL, MDD, and more.
💼 Adjust your settings, allocate funds, and manage risk as you see fit.
📈 Executed trades mirror your chosen trader's moves, but you can intervene manually.
🌟 Ideal for new traders and portfolio diversification.
🌐 Plenty of traders to match your style and risk tolerance.
📱 User-friendly interface.
👥 Be ready to give up 10% of your profits to the trader you follow.
However:
❌ No guarantees of success; you can lose money even if the copied trader is profitable.
🔄 Risky, especially if your chosen trader uses leverage.
In sum, #Binance Copy Trading is a valuable tool, but use it wisely. There's no free lunch in trading, so do your research and stay vigilant. 📚👀
Remember, it's not a passive strategy; stay engaged and be ready to cut losses. 🧐💼
#TradingWisdom #BinanceFeatures #CryptoInvesting💰📈📊 #RiskManagement 📊🤑
I recently dived into Binance's new Copy Trading feature, and here are my initial thoughts:
📊 Copy Trading lets you automatically mimic the trades of experienced traders. Great for newbies or diversifying portfolios.
🔍 You can browse through a variety of traders and choose based on ROI, PNL, MDD, and more.
💼 Adjust your settings, allocate funds, and manage risk as you see fit.
📈 Executed trades mirror your chosen trader's moves, but you can intervene manually.
🌟 Ideal for new traders and portfolio diversification.
🌐 Plenty of traders to match your style and risk tolerance.
📱 User-friendly interface.
👥 Be ready to give up 10% of your profits to the trader you follow.
However:
❌ No guarantees of success; you can lose money even if the copied trader is profitable.
🔄 Risky, especially if your chosen trader uses leverage.
In sum, #Binance Copy Trading is a valuable tool, but use it wisely. There's no free lunch in trading, so do your research and stay vigilant. 📚👀
Remember, it's not a passive strategy; stay engaged and be ready to cut losses. 🧐💼
#TradingWisdom #BinanceFeatures #CryptoInvesting💰📈📊 #RiskManagement 📊🤑
🔥🔥🔥 What is #lastpass❓️What different its doing in #Web3🤝🥊🌐 space, features & overview! 🔥🔥🔥
LastPass is a password manager that helps users create, store, and manage strong passwords for all of their online accounts. It also offers a number of other features, such as two-factor authentication, password strength analysis, and breach alerts.
LastPass works by storing users' passwords in an encrypted vault that is accessible from any device. Users only need to remember one master password to access their vault, and LastPass will automatically fill in their passwords on websites and apps.
LastPass offers a number of features that make it a popular choice for password management:
- Strong password generator: LastPass can generate strong, random passwords for all of your online accounts. This helps to protect your accounts from being hacked.
- Password strength analysis: LastPass can analyze your existing passwords and identify any that are weak or reused. This helps you to improve your password security.
- Breach alerts: LastPass will notify you if any of your passwords are compromised in a data breach. This allows you to change your passwords immediately and protect your accounts.
- Two-factor authentication: LastPass supports two-factor authentication (2FA) for all of your online accounts. This adds an extra layer of security to your accounts by requiring you to enter a code from your phone in addition to your password when logging in.
- Secure sharing: LastPass allows you to securely share passwords with other people, such as family members or colleagues. This is useful for shared accounts, such as Netflix or Hulu.
LastPass is a freemium service, which means that there is a free version with limited features and a paid version with more features. The paid version is also ad-free.
Overall, LastPass is a comprehensive password management solution that offers a number of features to help users protect their online accounts.
#lastpass #BinanceSquareTalks #CryptoOpportunities #BinanceFeatures
LastPass is a password manager that helps users create, store, and manage strong passwords for all of their online accounts. It also offers a number of other features, such as two-factor authentication, password strength analysis, and breach alerts.
LastPass works by storing users' passwords in an encrypted vault that is accessible from any device. Users only need to remember one master password to access their vault, and LastPass will automatically fill in their passwords on websites and apps.
LastPass offers a number of features that make it a popular choice for password management:
- Strong password generator: LastPass can generate strong, random passwords for all of your online accounts. This helps to protect your accounts from being hacked.
- Password strength analysis: LastPass can analyze your existing passwords and identify any that are weak or reused. This helps you to improve your password security.
- Breach alerts: LastPass will notify you if any of your passwords are compromised in a data breach. This allows you to change your passwords immediately and protect your accounts.
- Two-factor authentication: LastPass supports two-factor authentication (2FA) for all of your online accounts. This adds an extra layer of security to your accounts by requiring you to enter a code from your phone in addition to your password when logging in.
- Secure sharing: LastPass allows you to securely share passwords with other people, such as family members or colleagues. This is useful for shared accounts, such as Netflix or Hulu.
LastPass is a freemium service, which means that there is a free version with limited features and a paid version with more features. The paid version is also ad-free.
Overall, LastPass is a comprehensive password management solution that offers a number of features to help users protect their online accounts.
#lastpass #BinanceSquareTalks #CryptoOpportunities #BinanceFeatures
Satoshi Nakamoto once said on the Bitcointalk forum: 30 years later, BTC will either disappear or become the settlement layer of global finance.
Halfway through 30 years, in the past 15 years, we have indeed seen that BTC is evolving in this direction, whether it is the Bitcoin sidechain in the past, the Bitcoin smart contract platform, or the recent explosion of the Bitcoin asset issuance protocol and BTC Layer2, the groping of countless innovators is pushing Bitcoin step by step towards this ultimate goal.
There is no eternal rise, no eternal fall, and no eternal existence. Whether Bitcoin can accomplish its mission, you and I will be witnesses.
It is still too early for the bull to return, and it must be a crazy wash market before the big bull opens. Has Bitcoin's year-to-date highs been seen or will it continue to refresh year-to-date highs? See you this month #Bitcoin-BTC
#sol #Meme #etf #BinanceFeatures
Halfway through 30 years, in the past 15 years, we have indeed seen that BTC is evolving in this direction, whether it is the Bitcoin sidechain in the past, the Bitcoin smart contract platform, or the recent explosion of the Bitcoin asset issuance protocol and BTC Layer2, the groping of countless innovators is pushing Bitcoin step by step towards this ultimate goal.
There is no eternal rise, no eternal fall, and no eternal existence. Whether Bitcoin can accomplish its mission, you and I will be witnesses.
It is still too early for the bull to return, and it must be a crazy wash market before the big bull opens. Has Bitcoin's year-to-date highs been seen or will it continue to refresh year-to-date highs? See you this month #Bitcoin-BTC
#sol #Meme #etf #BinanceFeatures
📰📰📰 Report: India's 1% TDS on Crypto Transactions Stifling Growth, Needs to be Cut to 0.01% 🗞️🗞️🗞️
A recent study by the #Blockchain and Crypto Assets Council (BACC) has found that India's 1% TDS on crypto transactions needs to be slashed to 0.01% in order to promote the growth of the crypto industry in the country. The study also found that the TDS is discouraging foreign investment in the Indian crypto market.
The BACC study found that the 1% TDS is too high and is making it difficult for Indian crypto exchanges to compete with global exchanges. The study also found that the TDS is discouraging new investors from entering the Indian crypto market.
The BACC recommended the Indian government slash the TDS on crypto transactions to 0.01%, matching lower rates in other countries and easing the growth of the Indian crypto industry.
The Indian government is currently reviewing the TDS on crypto transactions. It is possible that the government will reduce the TDS rate in the upcoming budget.
Here are some of the benefits of reducing the TDS on crypto transactions in India:
- Promote the growth of the Indian crypto industry: A lower TDS rate would make it more attractive for Indian investors to invest in cryptocurrencies. It would also make it more attractive for global crypto exchanges to operate in India.
- Increase government revenue: The Indian government could earn more revenue from crypto taxes if it reduces the TDS rate. This is because a lower TDS rate would encourage more people to invest in cryptocurrencies and pay taxes on their profits.
- Reduce the burden on crypto exchanges: The 1% TDS is a burden on crypto exchanges, as they have to comply with additional regulations and pay higher fees. A lower TDS rate would reduce the burden on crypto exchanges and make them more competitive.
Overall, reducing the TDS on crypto transactions would be a positive development for the Indian crypto industry and the Indian government.
#CryptoNews #cryptocurrency #BinanceSquareTalks #BinanceFeatures
A recent study by the #Blockchain and Crypto Assets Council (BACC) has found that India's 1% TDS on crypto transactions needs to be slashed to 0.01% in order to promote the growth of the crypto industry in the country. The study also found that the TDS is discouraging foreign investment in the Indian crypto market.
The BACC study found that the 1% TDS is too high and is making it difficult for Indian crypto exchanges to compete with global exchanges. The study also found that the TDS is discouraging new investors from entering the Indian crypto market.
The BACC recommended the Indian government slash the TDS on crypto transactions to 0.01%, matching lower rates in other countries and easing the growth of the Indian crypto industry.
The Indian government is currently reviewing the TDS on crypto transactions. It is possible that the government will reduce the TDS rate in the upcoming budget.
Here are some of the benefits of reducing the TDS on crypto transactions in India:
- Promote the growth of the Indian crypto industry: A lower TDS rate would make it more attractive for Indian investors to invest in cryptocurrencies. It would also make it more attractive for global crypto exchanges to operate in India.
- Increase government revenue: The Indian government could earn more revenue from crypto taxes if it reduces the TDS rate. This is because a lower TDS rate would encourage more people to invest in cryptocurrencies and pay taxes on their profits.
- Reduce the burden on crypto exchanges: The 1% TDS is a burden on crypto exchanges, as they have to comply with additional regulations and pay higher fees. A lower TDS rate would reduce the burden on crypto exchanges and make them more competitive.
Overall, reducing the TDS on crypto transactions would be a positive development for the Indian crypto industry and the Indian government.
#CryptoNews #cryptocurrency #BinanceSquareTalks #BinanceFeatures
Michael Saylor is now in a $1,079,000,000 unrealized profit on his Bitcoin investment.
When people were selling, he was buying.. That's how you create wealth..
💥Polkadot has officially announced a collaboration with Cardano to leverage “Substrate” technology to expand its ECOSYSTEM
IMPORTANT: FTX & Alameda just transferred out $44,100,000 worth of $SOL
JUST IN: HSBC, one of the largest banks in the world, to launch a digital-assets custody service for institutional clients.
#BullRun #dyor #BTC #BRC20 #BinanceFeatures
When people were selling, he was buying.. That's how you create wealth..
💥Polkadot has officially announced a collaboration with Cardano to leverage “Substrate” technology to expand its ECOSYSTEM
IMPORTANT: FTX & Alameda just transferred out $44,100,000 worth of $SOL
JUST IN: HSBC, one of the largest banks in the world, to launch a digital-assets custody service for institutional clients.
#BullRun #dyor #BTC #BRC20 #BinanceFeatures
Mastering Risk Management: Top Tips for Binance Futures Trading
here's how to manage risks when trading Binance futures:
Diversify Your Portfolio:
- Spread your investments across different assets to minimize exposure to a single asset's volatility.
Use Stop-Loss Orders:
- Set stop-loss orders to limit potential losses by automatically selling your position if the price reaches a predetermined level.
Leverage Wisely:
- Avoid excessive leverage that can amplify both gains and losses. Use leverage cautiously and consider your risk tolerance.
Risk-Reward Ratio:
- Calculate your risk-reward ratio for each trade. Ensure the potential reward justifies the risk taken.
Risk Management Tools:
- Familiarize yourself with risk management tools offered by Binance, such as Take Profit and Stop-Limit orders.
Stay Informed:
- Keep abreast of market news and developments that can impact your assets.
Set Realistic Goals:
- Define your trading goals, and don't overextend yourself in pursuit of quick profits.
Practice with a Demo Account:
- Binance offers a demo trading feature for practicing without real funds. Use it to refine your strategies.
Continuous Learning:
- Stay educated about trading strategies, technical analysis, and market indicators.
Monitoring:
- Regularly monitor your open positions and be prepared to adjust your strategy if market conditions change.
Capital Preservation:
- Prioritize the preservation of your trading capital over aggressive risk-taking.
Emotional Discipline:
- Keep emotions in check, avoid impulsive decisions, and stick to your trading plan.
Risk Assessment:
- Evaluate your overall risk exposure and make necessary adjustments to reduce risk.
Secure Your Account:
- Protect your Binance account with strong security measures, including two-factor authentication.
Review and Reflect:
- Periodically review your trades, analyze successes and losses, and learn from your experiences.
Remember that trading futures involves significant risks, and it's important to approach it with caution and a well-thought-out strategy.
#BinanceFeatures #dyor
$BTC $XRP $BNB
Diversify Your Portfolio:
- Spread your investments across different assets to minimize exposure to a single asset's volatility.
Use Stop-Loss Orders:
- Set stop-loss orders to limit potential losses by automatically selling your position if the price reaches a predetermined level.
Leverage Wisely:
- Avoid excessive leverage that can amplify both gains and losses. Use leverage cautiously and consider your risk tolerance.
Risk-Reward Ratio:
- Calculate your risk-reward ratio for each trade. Ensure the potential reward justifies the risk taken.
Risk Management Tools:
- Familiarize yourself with risk management tools offered by Binance, such as Take Profit and Stop-Limit orders.
Stay Informed:
- Keep abreast of market news and developments that can impact your assets.
Set Realistic Goals:
- Define your trading goals, and don't overextend yourself in pursuit of quick profits.
Practice with a Demo Account:
- Binance offers a demo trading feature for practicing without real funds. Use it to refine your strategies.
Continuous Learning:
- Stay educated about trading strategies, technical analysis, and market indicators.
Monitoring:
- Regularly monitor your open positions and be prepared to adjust your strategy if market conditions change.
Capital Preservation:
- Prioritize the preservation of your trading capital over aggressive risk-taking.
Emotional Discipline:
- Keep emotions in check, avoid impulsive decisions, and stick to your trading plan.
Risk Assessment:
- Evaluate your overall risk exposure and make necessary adjustments to reduce risk.
Secure Your Account:
- Protect your Binance account with strong security measures, including two-factor authentication.
Review and Reflect:
- Periodically review your trades, analyze successes and losses, and learn from your experiences.
Remember that trading futures involves significant risks, and it's important to approach it with caution and a well-thought-out strategy.
#BinanceFeatures #dyor
$BTC $XRP $BNB
#Chainlink broke out of a range of 500+ days.
It's currently trading around $11 and if we get a retest at $9.50-10.00, that would be a great opportunity.
Overall, trend is upwards, next resistance at $12.50 and $18. #LINKUSDT #BinanceFeatures #BTC🔥🔥
It's currently trading around $11 and if we get a retest at $9.50-10.00, that would be a great opportunity.
Overall, trend is upwards, next resistance at $12.50 and $18. #LINKUSDT #BinanceFeatures #BTC🔥🔥
$MEME Airdrops and Binance Listing: A Major Win for the Memecoin Community
Memecoin (MEME) is a decentralized and community-driven cryptocurrency platform that aims to revolutionize the meme economy. It is backed by 9GAG, one of the world's largest social media platforms for memes.
$MEME Airdrops
Recently, the Memecoin team announced a massive airdrop of 17.25 billion MEME tokens, constituting 25% of the total supply. The airdrop is open to all Memeland NFT holders, including MVPs, Captainz, and Potatoz.
To claim the airdrop, Memeland NFT holders must simply visit the Memecoin website and connect their wallets. Once connected, they will be able to claim their MEME tokens instantly.
The airdrop is a major win for the Memecoin community, as it rewards early supporters and helps to distribute the token more widely.
Importance of Binance Listing
Binance is one of the world's largest and most popular cryptocurrency exchanges. A listing on Binance would give Memecoin much-needed exposure and liquidity.
On November 3, 2023, Binance listed MEME and open trading with MEME/BTC, MEME/USDT, and MEME/BNB trading pairs. This is a major milestone for Memecoin, as it will make the token more accessible to a wider range of investors.
The Binance listing is also a validation of Memecoin's potential. Binance is known for its strict listing requirements, so the fact that Memecoin has been listed is a testament to the team's vision and execution.
Conclusion
The $MEME airdrops and Binance listing are two major wins for the Memecoin community. The airdrop rewards early supporters and helps to distribute the token more widely, while the Binance listing gives Memecoin much-needed exposure and liquidity.
Overall, these developments are very positive for Memecoin and its long-term prospects.
#BinanceTreat
#BinanceFeatures
#NotJustAMeme
#MemeLand
#MEMECoinListing
Memecoin (MEME) is a decentralized and community-driven cryptocurrency platform that aims to revolutionize the meme economy. It is backed by 9GAG, one of the world's largest social media platforms for memes.
$MEME Airdrops
Recently, the Memecoin team announced a massive airdrop of 17.25 billion MEME tokens, constituting 25% of the total supply. The airdrop is open to all Memeland NFT holders, including MVPs, Captainz, and Potatoz.
To claim the airdrop, Memeland NFT holders must simply visit the Memecoin website and connect their wallets. Once connected, they will be able to claim their MEME tokens instantly.
The airdrop is a major win for the Memecoin community, as it rewards early supporters and helps to distribute the token more widely.
Importance of Binance Listing
Binance is one of the world's largest and most popular cryptocurrency exchanges. A listing on Binance would give Memecoin much-needed exposure and liquidity.
On November 3, 2023, Binance listed MEME and open trading with MEME/BTC, MEME/USDT, and MEME/BNB trading pairs. This is a major milestone for Memecoin, as it will make the token more accessible to a wider range of investors.
The Binance listing is also a validation of Memecoin's potential. Binance is known for its strict listing requirements, so the fact that Memecoin has been listed is a testament to the team's vision and execution.
Conclusion
The $MEME airdrops and Binance listing are two major wins for the Memecoin community. The airdrop rewards early supporters and helps to distribute the token more widely, while the Binance listing gives Memecoin much-needed exposure and liquidity.
Overall, these developments are very positive for Memecoin and its long-term prospects.
#BinanceTreat
#BinanceFeatures
#NotJustAMeme
#MemeLand
#MEMECoinListing
The trial of Avraham Eisenberg, the individual accused of exploiting Mango Markets, has been delayed per request by his lawyers.
Initially scheduled for December 4, 2023, the trial has been rescheduled to April 8, 2024, according to court documents.
Eisenberg’s legal team requested the postponement after their client was unexpectedly transferred from a New Jersey prison to the Metropolitan Detention Center (MDC) in Brooklyn, where Sam Bankman-Fried has been held since his bail was revoked in August.
Eisenberg’s lawyers argued that they require additional time to prepare a defense due to the complex legal and factual issues surrounding the case, as well as the extensive volume of discovery provided by the government.
Prosecutors opposed the motion, contending that Eisenberg committed the alleged offenses alone, on a single day, through a specific set of financial transactions.
#SamBankman-Fried #AvrahamEisenberg #BitcoinPrediction #BinanceSquareTalks #BinanceFeatures
Initially scheduled for December 4, 2023, the trial has been rescheduled to April 8, 2024, according to court documents.
Eisenberg’s legal team requested the postponement after their client was unexpectedly transferred from a New Jersey prison to the Metropolitan Detention Center (MDC) in Brooklyn, where Sam Bankman-Fried has been held since his bail was revoked in August.
Eisenberg’s lawyers argued that they require additional time to prepare a defense due to the complex legal and factual issues surrounding the case, as well as the extensive volume of discovery provided by the government.
Prosecutors opposed the motion, contending that Eisenberg committed the alleged offenses alone, on a single day, through a specific set of financial transactions.
#SamBankman-Fried #AvrahamEisenberg #BitcoinPrediction #BinanceSquareTalks #BinanceFeatures
$APE (update)
Current outlook
My previous post still holds. If it can maintain above $1.50, it will target the upper levels on the chart.
We continue to monitor it.
@BreakOut_Expert
#crypto2023A $ETH $BTC #BinanceFeatures #BinanceSquare #BinanceSquareTalks #Binanceturns6
Current outlook
My previous post still holds. If it can maintain above $1.50, it will target the upper levels on the chart.
We continue to monitor it.
@BreakOut_Expert
#crypto2023A $ETH $BTC #BinanceFeatures #BinanceSquare #BinanceSquareTalks #Binanceturns6
#Bitcoin forming a bullish pennant. The next leg up gets initiated by an activated series of stop losses from short positions once price breaks out.
Soon.#BTC #BinanceFeatures #cryptotext2 $BTC
Soon.#BTC #BinanceFeatures #cryptotext2 $BTC
Trading is all about putting your emotions aside to prevent them from affecting your trading decisions. A trading plan and a good trade management plan are executed and managed by a human being driven by emotions.
Control emotions, success in trading will be unreachable.
#BinanceFeatures #CryptoCulture
Control emotions, success in trading will be unreachable.
#BinanceFeatures #CryptoCulture
The buyers from Coinbase has raised up to 50% Solana (sol).
They are playing major role powering the cryptorency higher.
Now that sol is ben listed on Nasdaq digital asset exchanges Coinbase (coin) proving to be a significant source of bullish in cryptocurrency. From 2 weeks now sol has increased to 1$ million on Coinbase .
Here is the price of sol today.#BinanceFeatures #SolanaPredictions
They are playing major role powering the cryptorency higher.
Now that sol is ben listed on Nasdaq digital asset exchanges Coinbase (coin) proving to be a significant source of bullish in cryptocurrency. From 2 weeks now sol has increased to 1$ million on Coinbase .
Here is the price of sol today.#BinanceFeatures #SolanaPredictions
Crypto lawyer says $20M settlement is 99.9% win for Ripple
Deaton strongly refuted the idea that the lawsuit’s result was an even 50/50 outcome for the SEC, claiming that it’s closer to a 90/10 advantage in favor of Ripple.
#xrp #BTC #BinanceFeatures
Deaton strongly refuted the idea that the lawsuit’s result was an even 50/50 outcome for the SEC, claiming that it’s closer to a 90/10 advantage in favor of Ripple.
#xrp #BTC #BinanceFeatures
🚀🚀 How you can amplify your profits using leverage in Binance Futures Trade?💰💰💰
Leverage in Binance futures trading allows you to borrow funds from Binance to increase your trading position. This means that you can control a larger position with a smaller amount of capital. This can amplify your profits if the market moves in your favor, but it can also amplify your losses.
For example, if you have $100 in your margin account and you use 10x leverage, you can control a position of $1,000. If the price of the asset moves up by 10%, you will make a profit of $100. However, if the price of the asset moves down by 10%, you will lose $100.
Binance offers leverage of up to 125x on some assets.
It is important to note that leverage is a double-edged sword. It can amplify your profits, but it can also amplify your losses. It is important to use leverage wisely and to understand the risks involved.
Here are some tips for using leverage in Binance futures trading:
Start with low leverage. If you are new to futures trading, it is best to start with low leverage, such as 5x or 10x. You can gradually increase your leverage as you gain experience.
Use stop-loss orders. Stop-loss orders are orders to sell your contract when the price reaches a certain level. This can help you to limit your losses if the market moves against you.
Take profits regularly. Don't wait for the perfect trade. If you are in a profitable position, take your profits and move on.
By following these tips, you can use leverage in Binance futures trading to amplify your profits while minimizing your losses.
***Don't risk more money than you can afford to lose. Futures trading is a risky activity, so you should only risk money that you can afford to lose.
#BinanceFeatures #BinanceSquareTrends #BinanceSquare
Leverage in Binance futures trading allows you to borrow funds from Binance to increase your trading position. This means that you can control a larger position with a smaller amount of capital. This can amplify your profits if the market moves in your favor, but it can also amplify your losses.
For example, if you have $100 in your margin account and you use 10x leverage, you can control a position of $1,000. If the price of the asset moves up by 10%, you will make a profit of $100. However, if the price of the asset moves down by 10%, you will lose $100.
Binance offers leverage of up to 125x on some assets.
It is important to note that leverage is a double-edged sword. It can amplify your profits, but it can also amplify your losses. It is important to use leverage wisely and to understand the risks involved.
Here are some tips for using leverage in Binance futures trading:
Start with low leverage. If you are new to futures trading, it is best to start with low leverage, such as 5x or 10x. You can gradually increase your leverage as you gain experience.
Use stop-loss orders. Stop-loss orders are orders to sell your contract when the price reaches a certain level. This can help you to limit your losses if the market moves against you.
Take profits regularly. Don't wait for the perfect trade. If you are in a profitable position, take your profits and move on.
By following these tips, you can use leverage in Binance futures trading to amplify your profits while minimizing your losses.
***Don't risk more money than you can afford to lose. Futures trading is a risky activity, so you should only risk money that you can afford to lose.
#BinanceFeatures #BinanceSquareTrends #BinanceSquare
REQUEST FOR UNLIMITED COMMENTS 🤗😃🙋♀️📝🙌🔥 I have been posting the following simple comment on several BinanceSquare profiles that I found interesting during past few minutes:
"Hello 😊Nice to meet 👋Which country are you from😃🙋♀️"
My objective was to make friends 👬with my fellow Binancians in BinanceSquare social media platform. 🤷
Since there was no Private Messaging facility available, one of my innocent strategies was to drop a friendly hello to their first post article in BinanceSquare and meet new people 🤷
Moments later, BinanceSquare notified me that I've been posting comments too frequently and that I won't be able to comment for a certain period of time.🙆
I guess this is a system generated restriction to prevent misuse of the comment feature.🤦
However, in a way, it also contradicts one condition that BinanceSquare expects us to fulfill as one of their foremost tasks: Like and Comment Articles or Posts of fellow Binancians.🙅
In my opinion, either this task should be entailed with a condition that comply with the system generated restriction OR this restriction removed altogether to enable us to proceed with the comments. 🙎
I suggest that it would be great if unlimited commenting is enabled. 🙋
But if these comments include sensitive information, links to external websites, harmful content, etc. then it's quite reasonable for BinanceSquare Admins to activate the said restriction.🙋
Thank you very much for taking the time to read🙋🙏
#BinanceSquareTalks #BinanceFeatures #BinanceSquareViral #BinanceSquareTrends #BinanceSquareImprovements
"Hello 😊Nice to meet 👋Which country are you from😃🙋♀️"
My objective was to make friends 👬with my fellow Binancians in BinanceSquare social media platform. 🤷
Since there was no Private Messaging facility available, one of my innocent strategies was to drop a friendly hello to their first post article in BinanceSquare and meet new people 🤷
Moments later, BinanceSquare notified me that I've been posting comments too frequently and that I won't be able to comment for a certain period of time.🙆
I guess this is a system generated restriction to prevent misuse of the comment feature.🤦
However, in a way, it also contradicts one condition that BinanceSquare expects us to fulfill as one of their foremost tasks: Like and Comment Articles or Posts of fellow Binancians.🙅
In my opinion, either this task should be entailed with a condition that comply with the system generated restriction OR this restriction removed altogether to enable us to proceed with the comments. 🙎
I suggest that it would be great if unlimited commenting is enabled. 🙋
But if these comments include sensitive information, links to external websites, harmful content, etc. then it's quite reasonable for BinanceSquare Admins to activate the said restriction.🙋
Thank you very much for taking the time to read🙋🙏
#BinanceSquareTalks #BinanceFeatures #BinanceSquareViral #BinanceSquareTrends #BinanceSquareImprovements
