BinanceInvesting
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Binance recently announced a new feature called "Discover" on their Copy Trading platform https://www.binance.com/en/square/news/all. This update allows users to explore and potentially copy successful traders more easily.
Here's a breakdown of the news for a Binance post:
Title: Introducing "Discover" on Copy Trading: Join the Swipe and Trade Competition to Share 30,000 USDT!
Body:
Binance has introduced a new feature called "Discover" on their Copy Trading platform. This exciting update makes it easier for users to find and potentially copy successful traders based on various criteria.
In addition to the launch of "Discover," Binance is also hosting a "Swipe and Trade Competition" where users can win a share of a 30,000 USDT prize pool.
Call to Action:
Visit the Binance website or app to explore "Discover" on Copy Trading and participate in the "Swipe and Trade Competition" for a chance to win!
#BinanceInvesting #Write2Earrn
Here's a breakdown of the news for a Binance post:
Title: Introducing "Discover" on Copy Trading: Join the Swipe and Trade Competition to Share 30,000 USDT!
Body:
Binance has introduced a new feature called "Discover" on their Copy Trading platform. This exciting update makes it easier for users to find and potentially copy successful traders based on various criteria.
In addition to the launch of "Discover," Binance is also hosting a "Swipe and Trade Competition" where users can win a share of a 30,000 USDT prize pool.
Call to Action:
Visit the Binance website or app to explore "Discover" on Copy Trading and participate in the "Swipe and Trade Competition" for a chance to win!
#BinanceInvesting #Write2Earrn
My dear Buddies... GrAb your investments.. #crypto #market situation is #unpredictable
basically its a trap
#save your #savings and wait for better situation #BinanceInvesting
basically its a trap
#save your #savings and wait for better situation #BinanceInvesting
hello binancians ihave never seen this kind of red market in gainers list which is very shocked to see because gainers are always performing well above others . so what is the meaning of this gainers section when you see the red . $BTC $ETH #BinanceInvesting #BitcoinAwareness #bitcoinhalving #BinanceLaunchpool
BinanceBinance Coin (BNB) offers a multitude of benefits for its users within the Binance ecosystem. As a utility token, BNB can be used to pay for trading fees on the exchange, providing a significant discount compared to other payment methods. This can lead to substantial savings over time, especially for frequent traders. Furthermore, BNB is used to participate in token sales hosted on the Binance Launchpad, giving holders exclusive access to new and potentially lucrative token offerings. BNB also serves as a key component in the Binance Smart Chain, enabling transactions and smart contract functionality. The coin's use in staking and governance allows holders to participate in important decisions regarding the network's upgrades and project developments. Additionally, Binance's quarterly token burn events, which permanently remove a portion of the BNB supply from circulation, have the potential to increase the value of remaining tokens. This deflationary mechanism is designed to create scarcity, thus potentially driving up the price of BNB over time. Lastly, BNB's growing acceptance as a payment method for goods and services further enhances its utility and value proposition. These features collectively make BNB a versatile asset within the cryptocurrency space.
#BNBPANTHER #BinanceInvesting #BinanceBuddies #BinanceBuddies #bnbchaingreatagain
#BNBPANTHER #BinanceInvesting #BinanceBuddies #BinanceBuddies #bnbchaingreatagain
Some tips for using Binance:
1. Secure Your Account: Enable two-factor authentication (2FA) to add an extra layer of security to your account.
2. Use Binance Academy: Binance offers educational resources through Binance Academy, which can help you understand various aspects of cryptocurrencies and trading.
3. Start with Small Trades: If you're new to trading, start with small amounts to familiarize yourself with the platform and minimize potential losses.
4. Explore Advanced Trading Options: Binance offers advanced trading options like margin trading and futures trading. Before diving in, make sure you understand the risks involved and how these features work.
5. Keep an Eye on Fees: Be aware of the fees associated with trading on Binance, including trading fees, withdrawal fees, and any other applicable charges.
6. Utilize Stop-Loss Orders: Consider using stop-loss orders to limit potential losses in case the market moves against your position.
7. Stay Informed: Keep yourself updated on market trends, news, and developments in the cryptocurrency space to make informed trading decisions.
8. Diversify Your Portfolio: Avoid putting all your funds into one asset. Diversifying your portfolio can help spread risk and potentially increase returns.
9. Use Limit Orders: Instead of market orders, consider using limit orders to specify the price at which you want to buy or sell an asset. This can help you avoid unexpected price fluctuations.
10. Practice Risk Management: Set clear investment goals, establish risk tolerance, and stick to your trading plan to avoid emotional decision-making.
Remember, trading cryptocurrencies involves risks, so only invest what you can afford to lose and do thorough research before making any trading decisions.
#Write2Earn #CryptoKnowledge🚀 #BinanceInvesting
1. Secure Your Account: Enable two-factor authentication (2FA) to add an extra layer of security to your account.
2. Use Binance Academy: Binance offers educational resources through Binance Academy, which can help you understand various aspects of cryptocurrencies and trading.
3. Start with Small Trades: If you're new to trading, start with small amounts to familiarize yourself with the platform and minimize potential losses.
4. Explore Advanced Trading Options: Binance offers advanced trading options like margin trading and futures trading. Before diving in, make sure you understand the risks involved and how these features work.
5. Keep an Eye on Fees: Be aware of the fees associated with trading on Binance, including trading fees, withdrawal fees, and any other applicable charges.
6. Utilize Stop-Loss Orders: Consider using stop-loss orders to limit potential losses in case the market moves against your position.
7. Stay Informed: Keep yourself updated on market trends, news, and developments in the cryptocurrency space to make informed trading decisions.
8. Diversify Your Portfolio: Avoid putting all your funds into one asset. Diversifying your portfolio can help spread risk and potentially increase returns.
9. Use Limit Orders: Instead of market orders, consider using limit orders to specify the price at which you want to buy or sell an asset. This can help you avoid unexpected price fluctuations.
10. Practice Risk Management: Set clear investment goals, establish risk tolerance, and stick to your trading plan to avoid emotional decision-making.
Remember, trading cryptocurrencies involves risks, so only invest what you can afford to lose and do thorough research before making any trading decisions.
#Write2Earn #CryptoKnowledge🚀 #BinanceInvesting
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#cpi #bitcoinhalving #BullorBear #BinanceInvesting #usdt
#cpi #bitcoinhalving #BullorBear #BinanceInvesting #usdt
Ethiopia's Cryptocurrency Landscape: Challenges and Opportunities
Ethiopia is a nation buzzing with potential, and the world of cryptocurrency is no exception. Recent developments like the Cardano partnership and a surge in Bitcoin mining signal a growing interest in this space. Cryptocurrency in Ethiopia could provide new avenues for financial inclusion, cheaper remittances, and drive innovation in the tech sector. However, it's important to be aware of challenges like the current regulatory environment, infrastructural needs, and the importance of increasing crypto education.
What are your thoughts on the future of crypto in Ethiopia? Let's discuss! #Ethiopia #Crypto #BinanceInvesting
Ethiopia is a nation buzzing with potential, and the world of cryptocurrency is no exception. Recent developments like the Cardano partnership and a surge in Bitcoin mining signal a growing interest in this space. Cryptocurrency in Ethiopia could provide new avenues for financial inclusion, cheaper remittances, and drive innovation in the tech sector. However, it's important to be aware of challenges like the current regulatory environment, infrastructural needs, and the importance of increasing crypto education.
What are your thoughts on the future of crypto in Ethiopia? Let's discuss! #Ethiopia #Crypto #BinanceInvesting
🚨The Best Strategy to make money on Binance with no trading for beginners.
#Binance #BinanceInvesting #HalvingEffect
#Binance #BinanceInvesting #HalvingEffect
Az idézett tartalmat eltávolították
KEEP YOUR BINANCE ID SAFE.
🔐
The Binance ID is the unique user identification for a Binance account. It consists of a username/email and password that provides access to trading, deposits, withdrawals, and other account features.
Keeping your Binance ID secure is critical for several reasons:
1. It protects your account from unauthorized access and potential harm. Someone with your Binance ID could take control of your funds, personal data and make unwanted transactions.
2. It safeguards your assets held on Binance against theft or loss. By securing your Binance ID, you lower the risk of others accessing your cryptocurrencies without consent.
3. It shields your personal information associated with the account, such as your email address and username, from identity theft or misuse.
4. It enables account recovery if you forget your password or lose access. With a secure Binance ID, you can take steps to regain access to your account and funds.
To keep your Binance ID safe:
- Use a unique, strong password
- Enable two-factor authentication for extra security
- Only access Binance through official and verified channels
Avoid sharing your Binance ID, password,or other sensitive details
Regularly update your password and review account activity
By making your Binance ID security a priority, you better protect your overall Binance account and the assets within it.
#bitcoinhalving
#BinanceInvesting
#SafetyTips
#BNB🔥
🔐
The Binance ID is the unique user identification for a Binance account. It consists of a username/email and password that provides access to trading, deposits, withdrawals, and other account features.
Keeping your Binance ID secure is critical for several reasons:
1. It protects your account from unauthorized access and potential harm. Someone with your Binance ID could take control of your funds, personal data and make unwanted transactions.
2. It safeguards your assets held on Binance against theft or loss. By securing your Binance ID, you lower the risk of others accessing your cryptocurrencies without consent.
3. It shields your personal information associated with the account, such as your email address and username, from identity theft or misuse.
4. It enables account recovery if you forget your password or lose access. With a secure Binance ID, you can take steps to regain access to your account and funds.
To keep your Binance ID safe:
- Use a unique, strong password
- Enable two-factor authentication for extra security
- Only access Binance through official and verified channels
Avoid sharing your Binance ID, password,or other sensitive details
Regularly update your password and review account activity
By making your Binance ID security a priority, you better protect your overall Binance account and the assets within it.
#bitcoinhalving
#BinanceInvesting
#SafetyTips
#BNB🔥
😱🦈🦈 Whale Bitcoin Awakening After 10 Years
🔓 Wallet with 1701 BTC $118M Dormant for a Decade Suddenly Moves
💰 246 BTC $18M Outflow Noticed by Lookonchain
📅 Last Transaction in 2013 at Avg $29.3 Now Over $70K
📈 Whale Profit 240000%
🔒 Old Wallets Shifting to New Ones for Security
💼 Recent Whale Purchases $90M in 1 Month
🚀 Exciting Times for Crypto Investors
#BinanceInvesting #Solana #BCHUSD 🌟
🔓 Wallet with 1701 BTC $118M Dormant for a Decade Suddenly Moves
💰 246 BTC $18M Outflow Noticed by Lookonchain
📅 Last Transaction in 2013 at Avg $29.3 Now Over $70K
📈 Whale Profit 240000%
🔒 Old Wallets Shifting to New Ones for Security
💼 Recent Whale Purchases $90M in 1 Month
🚀 Exciting Times for Crypto Investors
#BinanceInvesting #Solana #BCHUSD 🌟
Many people are talking about how you should invest if you are a newbie, most of them just for the sake of it. Here's two solid pieces of advice I wish I had when I started.
1. There is no mind game here. The rules are simple: buy low, sale high. The rule applies whether it's $BTC $ETH , or $TNSR .
2. Trend is something, but not everything. The experts, and the scammers too, know this and they play with your mind. Do these: believe in yourself and don't follow the crowd.
#BinanceInvesting #TNSRCOIN #BitcoinAwareness #BitcoinHalvingDrama
1. There is no mind game here. The rules are simple: buy low, sale high. The rule applies whether it's $BTC $ETH , or $TNSR .
2. Trend is something, but not everything. The experts, and the scammers too, know this and they play with your mind. Do these: believe in yourself and don't follow the crowd.
#BinanceInvesting #TNSRCOIN #BitcoinAwareness #BitcoinHalvingDrama
No Talk But Thing Wisely And DYOR
#BinanceLaunchpool
#bitcoinhalving
#BinanceInvesting
#Write2Earn
#Elbappawo
#BinanceLaunchpool
#bitcoinhalving
#BinanceInvesting
#Write2Earn
#Elbappawo
ক্রিপ্টো বাজারের ২ টা বিল্ডিং এ ভয়াবহ আগুন লেগেছে। পরিস্থিতি ধীরে ধীরে অনেকটা কন্ট্রোল এর বাইরে চলে যাচ্ছে।
সূত্র থেকে জানা গেছে সেখানে আটকে আছে ৮০-৯০ হাজার বাংলাদেশি। সর্বশেষ আপডেট অনুযায়ী এই পর্যন্ত নিহত সংখ্যা ৪৩১৫ জন এবং আহত হয়েছেন ১২৭৫৬ জন। যার মধ্যে
ফিউচার পার্ক এ নিহত সংখ্যা ৩২৪৭ জন
স্পট নাইট ক্লাব এ নিহত সংখ্যা ১০৬৮ জন
ফিউচার এ আহত হয়েছেন ৯০৪০ জন
স্পটে মোট আহত হয়েছেন ৩৭১৬ জন
#TradingLegends #InvestingSafety #BinanceInvesting
সূত্র থেকে জানা গেছে সেখানে আটকে আছে ৮০-৯০ হাজার বাংলাদেশি। সর্বশেষ আপডেট অনুযায়ী এই পর্যন্ত নিহত সংখ্যা ৪৩১৫ জন এবং আহত হয়েছেন ১২৭৫৬ জন। যার মধ্যে
ফিউচার পার্ক এ নিহত সংখ্যা ৩২৪৭ জন
স্পট নাইট ক্লাব এ নিহত সংখ্যা ১০৬৮ জন
ফিউচার এ আহত হয়েছেন ৯০৪০ জন
স্পটে মোট আহত হয়েছেন ৩৭১৬ জন
#TradingLegends #InvestingSafety #BinanceInvesting
Many people ask me if there's a risk in #BinanceInvesting - everything in life has risk, so does crypto currency. Look at how far $BTC has come.
I'll give you an example. New currencies are usually volatile - their depicted value fluctuates so fast that you won't know if it will go up or crash down.
Talking about volatile, alcohol is volatile at a certain temperature. But, with a tight bottle, it can come out as a 1000 year old whiskey that sells for high six-figures.
My point is, it's not the market that will win you but your attentiveness to small changes.
Today's hot currencies are: $TNSR $SAGA
#BullorBear #WIF #SHIB #WRITE2EARN #BTC #ETH
I'll give you an example. New currencies are usually volatile - their depicted value fluctuates so fast that you won't know if it will go up or crash down.
Talking about volatile, alcohol is volatile at a certain temperature. But, with a tight bottle, it can come out as a 1000 year old whiskey that sells for high six-figures.
My point is, it's not the market that will win you but your attentiveness to small changes.
Today's hot currencies are: $TNSR $SAGA
#BullorBear #WIF #SHIB #WRITE2EARN #BTC #ETH
The journey of Life is strange. You come with nothing & fight for everything & in the end you leave everything & go with nothing. Choose to be happy with whatever you have.
#BinanceLaunchpool #bitcoinhalving #SHIB #PepeToRunTheBull #BinanceInvesting
#BinanceLaunchpool #bitcoinhalving #SHIB #PepeToRunTheBull #BinanceInvesting
Binance Announces Latest Proof of Reserves
The world's largest cryptocurrency exchange, Binance, recently announced its proof of reserves, demonstrating transparency and credibility to its users.
Published: 10/04/2024
-
Author: Leexim
Binance, the world’s leading cryptocurrency exchange, has released its latest Proof of Reserves (PoR) report, providing transparency regarding its holdings of various digital assets, including Shiba Inu (SHIB). Published in April 2024, the report details Binance’s SHIB reserves since April 1, 2024, at 00:00 UTC.
The PoR report reveals that Binance currently holds a significant amount of SHIB tokens, exceeding 67.67 trillion. This substantial reserve translates into holdings worth approximately $1.96 billion based on the SHIB trading price at the audit time ($0.00002894 USD).
SHIB asset coverage ratio exceeds 100%
Interestingly, the exchange’s SHIB reserves have surpassed the net balance held by users. According to the report, Binance users collectively hold around 65.32 trillion SHIB tokens, equivalent to $1.89 billion. This means the asset coverage ratio stands at 103.60%. In simpler terms, for every 1 SHIB token deposited by users, Binance reserves more than 1 SHIB token.
Related: Deutsche Bank Releases Survey Results on Bitcoin
The implementation of Binance’s PoR system and other major exchanges stems from FTX’s collapse in late 2023. This initiative aims to enhance transparency and rebuild trust within the cryptocurrency community. By publishing monthly PoR reports, exchanges demonstrate that they hold users’ deposited digital assets in a verifiable manner.
Recognizing the increasing popularity of Shiba Inu on its platform, Binance integrated SHIB into its PoR system in February 2023. Currently, the exchange’s PoR system encompasses a total of 31 cryptocurrencies, including the most widely traded digital assets on Binance.
Binance Holdings for Bitcoin (BTC) and Ethereum (ETH)
The latest PoR report also sheds light on Binance’s reserves for other prominent cryptocurrencies. Since April 1, 2024, the exchange maintains asset coverage ratios exceeding 100% for both Bitcoin (BTC) and Ethereum (ETH).
For BTC, the asset coverage ratio is 104.46%, with user deposits amounting to 568,788.919 BTC (approximately $41.09 billion USD) and the exchange’s net balance standing at 594,136.021 BTC (approximately $42.92 billion USD).
Similarly, the asset coverage ratio for ETH is 103.58%. Binance users hold 4,446,480.486 ETH (valued at $16.04 billion USD) in deposits, while the exchange boasts a net balance of 4,605,595.896 ETH (approximately $16.61 billion USD).
An important note is that Binance is preparing to implement mandatory Know Your Customer (KYC) policies before April 20, 2024. This policy may impact the custody of cryptocurrencies on the exchange. Users who fail to complete KYC requirements will no longer have access to their sub-accounts on the platform, potentially resulting in changes to the overall asset balances held by Binance.
Binance’s publication of PoR reports aims to enhance transparency regarding the reserves of various cryptocurrencies on the exchange, including the increasingly popular SHIB. As the cryptocurrency market continues to evolve, initiatives like these may play a crucial role in fostering trust and security for investors.
#BinanceRiskteam #BinanceInvesting #BinanceLaunchPool🔥 $BNB
Published: 10/04/2024
-
Author: Leexim
Binance, the world’s leading cryptocurrency exchange, has released its latest Proof of Reserves (PoR) report, providing transparency regarding its holdings of various digital assets, including Shiba Inu (SHIB). Published in April 2024, the report details Binance’s SHIB reserves since April 1, 2024, at 00:00 UTC.
The PoR report reveals that Binance currently holds a significant amount of SHIB tokens, exceeding 67.67 trillion. This substantial reserve translates into holdings worth approximately $1.96 billion based on the SHIB trading price at the audit time ($0.00002894 USD).
SHIB asset coverage ratio exceeds 100%
Interestingly, the exchange’s SHIB reserves have surpassed the net balance held by users. According to the report, Binance users collectively hold around 65.32 trillion SHIB tokens, equivalent to $1.89 billion. This means the asset coverage ratio stands at 103.60%. In simpler terms, for every 1 SHIB token deposited by users, Binance reserves more than 1 SHIB token.
Related: Deutsche Bank Releases Survey Results on Bitcoin
The implementation of Binance’s PoR system and other major exchanges stems from FTX’s collapse in late 2023. This initiative aims to enhance transparency and rebuild trust within the cryptocurrency community. By publishing monthly PoR reports, exchanges demonstrate that they hold users’ deposited digital assets in a verifiable manner.
Recognizing the increasing popularity of Shiba Inu on its platform, Binance integrated SHIB into its PoR system in February 2023. Currently, the exchange’s PoR system encompasses a total of 31 cryptocurrencies, including the most widely traded digital assets on Binance.
Binance Holdings for Bitcoin (BTC) and Ethereum (ETH)
The latest PoR report also sheds light on Binance’s reserves for other prominent cryptocurrencies. Since April 1, 2024, the exchange maintains asset coverage ratios exceeding 100% for both Bitcoin (BTC) and Ethereum (ETH).
For BTC, the asset coverage ratio is 104.46%, with user deposits amounting to 568,788.919 BTC (approximately $41.09 billion USD) and the exchange’s net balance standing at 594,136.021 BTC (approximately $42.92 billion USD).
Similarly, the asset coverage ratio for ETH is 103.58%. Binance users hold 4,446,480.486 ETH (valued at $16.04 billion USD) in deposits, while the exchange boasts a net balance of 4,605,595.896 ETH (approximately $16.61 billion USD).
An important note is that Binance is preparing to implement mandatory Know Your Customer (KYC) policies before April 20, 2024. This policy may impact the custody of cryptocurrencies on the exchange. Users who fail to complete KYC requirements will no longer have access to their sub-accounts on the platform, potentially resulting in changes to the overall asset balances held by Binance.
Binance’s publication of PoR reports aims to enhance transparency regarding the reserves of various cryptocurrencies on the exchange, including the increasingly popular SHIB. As the cryptocurrency market continues to evolve, initiatives like these may play a crucial role in fostering trust and security for investors.
#BinanceRiskteam #BinanceInvesting #BinanceLaunchPool🔥 $BNB
