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6. Binance Earn: Binance offers various earning products under the Binance Earn section. You can participate in flexible savings, locked savings, or other investment products that allow you to earn interest on your cryptocurrencies over a specific period. These products typically provide different earning rates and lock-up durations, allowing you to choose based on your preferences and risk appetite. 7. Margin Trading: Binance also provides margin trading options, which allow you to borrow funds to trade with a larger position than your initial capital. While this can amplify potential profits, it comes with higher risk as losses can also be magnified. It's important to have a solid understanding of margin trading concepts and risk management strategies before engaging in this activity. 8. Futures Trading: Binance Futures is a separate trading platform within Binance that allows you to trade derivatives contracts. These contracts enable you to speculate on the price movements of cryptocurrencies without owning the underlying assets. Similar to margin trading, futures trading involves increased risk and requires advanced knowledge of derivatives markets. 9. Launchpool: Binance Launchpool is a platform where users can farm new tokens by staking specific cryptocurrencies. By providing liquidity to designated pools, users can earn additional tokens as rewards. This method often requires locking up your funds for a specified period. However, please note that farming carries certain risks, such as impermanent loss and smart contract vulnerabilities. 10. Binance NFT Marketplace: Binance has introduced the NFT Marketplace, allowing artists and creators to mint, buy, and sell non-fungible tokens (NFTs). If you are an artist or have unique digital assets, you can list them on the marketplace and potentially generate revenue from the sales.

6. Binance Earn: Binance offers various earning products under the Binance Earn section. You can participate in flexible savings, locked savings, or other investment products that allow you to earn interest on your cryptocurrencies over a specific period. These products typically provide different earning rates and lock-up durations, allowing you to choose based on your preferences and risk appetite.

7. Margin Trading: Binance also provides margin trading options, which allow you to borrow funds to trade with a larger position than your initial capital. While this can amplify potential profits, it comes with higher risk as losses can also be magnified. It's important to have a solid understanding of margin trading concepts and risk management strategies before engaging in this activity.

8. Futures Trading: Binance Futures is a separate trading platform within Binance that allows you to trade derivatives contracts. These contracts enable you to speculate on the price movements of cryptocurrencies without owning the underlying assets. Similar to margin trading, futures trading involves increased risk and requires advanced knowledge of derivatives markets.

9. Launchpool: Binance Launchpool is a platform where users can farm new tokens by staking specific cryptocurrencies. By providing liquidity to designated pools, users can earn additional tokens as rewards. This method often requires locking up your funds for a specified period. However, please note that farming carries certain risks, such as impermanent loss and smart contract vulnerabilities.

10. Binance NFT Marketplace: Binance has introduced the NFT Marketplace, allowing artists and creators to mint, buy, and sell non-fungible tokens (NFTs). If you are an artist or have unique digital assets, you can list them on the marketplace and potentially generate revenue from the sales.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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BTC & ETH Are going up and high very soon On May 31, 69,000 Bitcoin options worth $4.7 billion and 920,000 Ether options worth $3.5 billion expire. The expiry of crypto options contracts is historically linked to price volatility in the crypto market.  According to the Derbit data, the put/call ratio for the expired Bitcoin options is 0.61. This means more calls (or long contracts) are expiring than puts (or shorts). On the other hand, Ether options had a put/call ratio of 0.46. The put/call ratio (PCR) is a technical indicator that reflects trader market sentiment. A PCR below 0.7 is considered a strong bullish sentiment, while a PCR above 1 is considered a strong bearish sentiment. Max pain for Bitcoin at $66,000, ETH at $3,300 The maximum pain point at which most losses will be made by the leverage traders for Bitcoin is $66,000. For ETH, the max pain point is $3,300. BTC is currently trading at $68,210, $2,000 above the pain point, and ETH is trading at $3,738, more than $400 above its pain point.  Millions in open interest (OI) are in long positions with strike prices at $70,000, $75,000, $80,000, and even $100,000. Open interest refers to the total number of outstanding derivative contracts that have not been settled. A few traders have placed long positions on Bitcoin with a target price of $100,000. With $886 million in open interest (OI) at this strike price, the number of long positions appears significant. The total notional value of all outstanding BTC options contracts amounts to $19 billion. Post-spot ETH approval hangover The spot ETH ETF approval by the Securities and Exchange Commission (SEC) in May was a significant and bullish event for the crypto market. ETH prices rose 20% in May in anticipation of the approval. However, the SEC only approved the 19b-4 filing, thus delaying the actual listing for trading. Since the ETH ETF approval, the crypto market has shown a bearish sideways movement, with ETH stuck below $4,000 and BTC below the $70,000 price barrier. $BTC $ETH #WriteFreeEarn2024 #ETHETFsApproved #altcoins
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