Newbie

When trading on Binance, understanding how fees work is key to saving money and boosting profits. Let’s break it down simply.

1. What Fees Does Binance Charge?

Spot Trading Fee: 0.10% for both makers (limit orders) and takers (market orders).

Futures Trading Fee: Starts from 0.02% (maker) and 0.04% (taker).

Deposit Fees: Free for crypto; bank transfers may vary.

Withdrawal Fees: Varies by token and network congestion.

2. How to Reduce Binance Fees

Use BNB for Discounts: Holding and using Binance Coin (BNB) to pay trading fees gives you a 25% discount.

Upgrade VIP Level: Higher trading volume or BNB holdings give fee discounts through VIP tiers.

Refer Friends: Join the Binance referral program and earn commission offsetting your own costs.

Choose the Right Network: For withdrawals, selecting cheaper blockchain networks (like BSC over Ethereum) lowers fees.

3. Pro Tips for Minimizing Costs

Use Limit Orders: Avoid taker fees and gain rebate benefits as a market maker.

Stick to Crypto Deposits: Fiat channels may involve third-party fees crypto deposits are fee-free.
Plan Withdrawals Wisely: Withdraw during low network activity hours to reduce network fees.

4. Don’t Ignore Launchpool & Staking Benefits

Engaging in Binance Launchpool, Simple Earn, or staking allows you to earn rewards without trading fees at all. By holding or locking assets, you not only grow your portfolio passively but also avoid transaction costs altogether.
For more details visit:
How to Earn Passive Income on Binance: Simple Earn, Savings, Dual Investment & Mores

5. Track Your Fees in Real-Time

Use the “Fee Rate” and “VIP Level” sections in your Binance dashboard to monitor what you’re being charged. Keeping an eye on this helps you adjust your trading style or boost BNB holdings to drop into the next fee-saving tier.

Final Thoughts
Binance rewards smart users. Hold BNB, use limit trades, level up your VIP tier, and always check withdrawal networks before clicking "confirm."
@Daniel Zou (DZ) 🔶 @Anasta Maverick
#newbie #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #AirdropStepByStep

Introduction:
Earning passive income with crypto might sound technical, but Binance makes it simple. It’s like putting money in a savings account except it’s crypto, and it earns rewards automatically. In this beginner-friendly guide, we’ll explore three powerful ways to grow your crypto on Binance: Simple Earn (Flexible and Locked Savings), Dual Investment, and Launchpool. You’ll learn how each one works, how to get started, the risks involved, and what kind of returns to expect.
We’ll also compare Binance’s features with those on Coinbase and Kraken to show why Binance often takes the lead.
1. Binance Simple Earn (Flexible & Locked Savings)
Simple Earn is Binance’s core passive income feature. It acts like a savings account—just with
crypto. You can choose between Flexible savings (withdraw anytime) or Locked savings (hold
for a set time and earn more).
● What it is: You earn daily interest on your crypto by subscribing to Flexible or Locked
products. It’s a blend of savings and staking made easy for all users.
● How it works: You deposit your crypto, and Binance uses it for lending or staking. You
earn daily interest in return. Flexible savings let you withdraw anytime, while Locked
savings give better rates if you commit for 30, 60, or 90 days.
● Expected returns:
1. Flexible savings: ~0.1% to 3% APY
2. Locked savings: Up to double-digit APYs for selected coins
3. Stablecoins (e.g., USDT, USDC): ~1–2% APY (flexible), higher on promotions
4. BTC/ETH: ~0.5–5% APY
● Risk level: Low. Your principal is safe. You’ll still face market volatility, but the earning
method itself doesn’t carry extra risk.
● How to Start (Step-by-Step):
1. Sign up or log in to Binance
2. Go to the “Earn” section and select “Simple Earn”
3. Pick a crypto (e.g., BTC, ETH, USDT)

4. Choose between Flexible or Locked
5. Enter amount, click Subscribe
6. Start earning interest
7. Redeem anytime (Flexible) or after term ends (Locked)
Pro Tip: Beginners often start with Flexible savings using stablecoins to keep risk low.

2. Binance Dual Investment (Higher Yield Strategy)
Dual Investment is for users looking for higher returns and are comfortable with a bit more
complexity. It lets you earn high interest while setting a “buy low” or “sell high” target.
● What it is: You deposit one crypto (e.g., BTC or USDT), choose a target price and date,
and earn interest. Depending on the market, you either keep your original coin or get
swapped into another—plus interest either way.
● Example:
1. BTC is $25,000 now. You want to sell at $30,000.
2. You deposit BTC, set $30k as target, and earn interest.
3. On the target date:
■ If BTC ≥ $30k: You get USDT + interest.
■ If BTC < $30k: You keep BTC + interest.
● Returns: Dual Investment offers much higher yields—APRs can go up to 50%+
depending on target price and timeframe. Your actual return is prorated by duration.
● Risk level: Moderate. There’s no principal loss, but you might end up with a different
asset than planned. You also can’t withdraw before settlement. Only use this when
you’re comfortable with either outcome.
● How to Start (Step-by-Step):
1. Go to Earn > Dual Investment
2. Select asset (e.g., BTC)
3. Choose direction: “Buy Low” or “Sell High”
4. Pick target price and date
5. Enter amount and subscribe
6. Wait for settlement date
7. Receive interest and either the original or alternate asset
Tip: Use Binance’s Beginner Mode for guidance. Start with small amounts to learn.

3. Binance Launchpool (Earn Free New Tokens)
Launchpool lets you earn newly launched tokens by staking your existing crypto usually BNB
or stablecoins.
● What it is: Binance offers a new token launch. You stake BNB or USDT for a few days
or weeks and earn free tokens of the new project. You get your staked coins back.

● How it works:
1. Stake your crypto into the Launchpool.
2. Earn new tokens daily based on your stake.
3. Withdraw your staked crypto anytime.
4. After the event ends, tokens are listed on Binance for trading.
● Returns: There’s no fixed APY. It depends on the token’s value at listing and your share
of the reward pool. Some users get $10–$100+ worth of tokens, depending on timing
and amount staked.
● Risk level: Very low. You risk nothing beyond market fluctuations. Your principal is
returned in full.
● How to Start (Step-by-Step):
1. Check Launchpool section in Binance
2. Find an active project
3. Stake your crypto
4. Watch new tokens accumulate
5. Unstake anytime
6. Use your new tokens after listing
Launchpool is a great way to earn “bonus” tokens without spending anything extra.

4. Binance vs Coinbase vs Kraken – Why Binance Wins for Passive Income
Here’s how Binance stacks up compared to competitors:

Verdict: Binance offers better returns, more options, and greater flexibility. Coinbase is easy, but limited. Kraken is secure, but lacks depth.
Conclusion
Earning passive income on Binance is easy and rewarding. Whether you go with:
● Simple Earn for low-risk, daily interest,
● Dual Investment for higher yields with strategy,
● Or Launchpool for free new tokens,
You’ll find something that fits your comfort level.
Binance stands out for variety, better rewards, and innovative earning tools. If you’re new, start with a small amount in Simple Earn. As you grow confident, try Dual Investment or jump into a Launchpool event.
The best part? You don’t need to trade to earn. Just hold and grow.
Let your crypto work for you start earning today.

#newbie #BinanceAlphaAlert #TariffPause #BinanceHODLerSIGN #EthereumFuture

Based on the context provided, here’s some summary of the Bitcoin price predictions for the end of 2024:
General Consensus:
Predictions for Bitcoin's price by the end of 2024 range from $124,000 to $150,000.
Some analysts suggest a more conservative estimate, with a forecast indicating a price of $101,386.62, reflecting a 6.46% increase.
Market Sentiment:
There is a strong belief that Bitcoin will end the year higher than its current levels, with targets around $150,000 being discussed.
Prediction markets show a 72% chance that Bitcoin will reach $95,000 by November, with lower probabilities for higher targets like $105,000 (23%) and $110,000 (14%).
Expert Opinions:
Tom Lee from Fundstrat Global Advisors has been optimistic, suggesting that Bitcoin could hit $150,000 by year-end, although he acknowledges that this may be less likely with limited time left in the year.
Other analysts, like Quinn Thompson from Lekker Capital, express confidence that Bitcoin could reach $100,000 soon, possibly by the end of December.
Current Market Status:
As of late December 2024, Bitcoin has been fluctuating around the $100,000 mark, with some reports indicating it has recently surged back to this level after a period of volatility.
Conclusion
The predictions for Bitcoin's price at the end of 2024 are optimistic, with many analysts and prediction markets suggesting significant increases. However, the actual outcome will depend on various market factors and investor sentiment as the year concludes.
If you have any further questions or need additional information, feel free to ask!
@Mondana Foundations Assumed As of December 30, 2024, several key developments have significantly influenced Bitcoin's price, which has seen remarkable fluctuations throughout the month. Here’s a summary of the most impactful news:
1. Price Surge and Historical Context
All-Time High: Bitcoin reached an all-time high of $103,647 on December 5, 2024, following the reelection of former President Donald Trump. This marked a significant increase from around $70,000 prior to the election.
Current Price: As of December 28, 2024, Bitcoin's price was $95,163.93, reflecting some volatility after the peak.
2. Political Influence
Trump's Reelection: The election of Donald Trump has been a catalyst for Bitcoin's price rally, with promises of a more crypto-friendly regulatory environment. His administration's anticipated changes, including the nomination of Paul Atkins as SEC chair, have fueled investor optimism.
Regulatory Changes: Trump's administration is expected to ease regulations on cryptocurrencies, which has led to increased investor confidence and participation in the market.
3. Market Predictions
Short-Term Peaks: Research firm K33 predicts that Bitcoin could reach a peak around mid-January 2025, potentially hitting prices between $146,000 and $212,500 based on historical cycles and market capitalization growth.
Potential Corrections: Analysts warn of possible corrections in late January to February, with expected declines ranging from 15% to 30% before another potential bull run.
4. Institutional Adoption
Growing Interest: There is a notable increase in institutional adoption of #Bitcoin, which is expected to continue driving demand. This trend is supported by the approval of spot #Bitcoin ETFs earlier in the year, making it easier for mainstream investors to access Bitcoin.
5. Cautionary Notes
Volatility Warning: Despite the bullish sentiment, experts caution investors about Bitcoin's historical volatility. Significant price drops have occurred in the past, and maintaining a disciplined investment strategy is advised.
Investment Strategy: Financial advisors recommend limiting cryptocurrency exposure to 5% of an investment portfolio to manage risk effectively. ( #BTC )
@Mondana Foundations a #Newbie The combination of political developments, market predictions, and institutional interest has created a dynamic environment for Bitcoin in December 2024. While the outlook remains optimistic, the inherent volatility of cryptocurrencies necessitates a cautious approach for investors.