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📌❗ Three tips to avoid imposter scams ❗📌
1. Understand realistic returns ❗
If you want to evaluate the authenticity of an "investment expert," the easiest way to do it is to calculate the returns they offer. Annual returns of 20%, which translates to a 0.0548% daily return, is already considered very high among the investing community. Be cautious of any “investment expert” touting returns greater than 20%.
Note that you should still exercise caution with anyone offering investment advice or promising to multiply your money. Even someone advertising a reasonable annual return, like 10%, could be a scammer trying to deceive you into giving money away.
2. Use Binance Verify ❗
Our official database, Binance Verify, allows anyone to cross-check Binance domains, email addresses, phone numbers, WeChat IDs, Telegram IDs, and Twitter handles. Don’t instantly trust anyone who says they work for or represent Binance. Always verify the source on Binance Verify first.
Continue to exercise caution even if your query shows the source is verified. Scammers often use real names of Binance employees to deceive their victims.
3. Perform a background check ❗
Search for key information behind the “investment program.” Use tools like who.is to find when the website was founded and how long it’s been active. Check URLs against Scamadviser, a database that compiles and scores websites based on how trustworthy they are.
Always do research before entrusting your money to a platform, person, or entity. At the very least, you should do a quick Google search on the website or the project’s name. If you notice any red flags, block the contact and cease all communications. Scammers often have scripts prepared to try and convince you of their legitimacy.
PLEASE COMMENT, LIKE & FOLLOW 💹📌
#ftx #usdr #avalanche #galxe #BinanceSquare $BTC $ETH $BNB
1. Understand realistic returns ❗
If you want to evaluate the authenticity of an "investment expert," the easiest way to do it is to calculate the returns they offer. Annual returns of 20%, which translates to a 0.0548% daily return, is already considered very high among the investing community. Be cautious of any “investment expert” touting returns greater than 20%.
Note that you should still exercise caution with anyone offering investment advice or promising to multiply your money. Even someone advertising a reasonable annual return, like 10%, could be a scammer trying to deceive you into giving money away.
2. Use Binance Verify ❗
Our official database, Binance Verify, allows anyone to cross-check Binance domains, email addresses, phone numbers, WeChat IDs, Telegram IDs, and Twitter handles. Don’t instantly trust anyone who says they work for or represent Binance. Always verify the source on Binance Verify first.
Continue to exercise caution even if your query shows the source is verified. Scammers often use real names of Binance employees to deceive their victims.
3. Perform a background check ❗
Search for key information behind the “investment program.” Use tools like who.is to find when the website was founded and how long it’s been active. Check URLs against Scamadviser, a database that compiles and scores websites based on how trustworthy they are.
Always do research before entrusting your money to a platform, person, or entity. At the very least, you should do a quick Google search on the website or the project’s name. If you notice any red flags, block the contact and cease all communications. Scammers often have scripts prepared to try and convince you of their legitimacy.
PLEASE COMMENT, LIKE & FOLLOW 💹📌
#ftx #usdr #avalanche #galxe #BinanceSquare $BTC $ETH $BNB
#XRP Ripple and its advantages.
XRP is Ripple's cryptocurrency token, which is used to transfer funds across borders at a low cost — trustlessly and instantly. Its primary use is to serve as a bridge currency to offer financial institutions a more cost-effective way to exchange both crypto and fiat currencies.
According to Ripple CTO Stefan Thomas, XRP is quicker and cheaper at fractions of a penny and about three seconds faster per transaction compared to other digital assets.
XRP also offers other advantages: using XRP, banks can source liquidity on-demand in real-time without having to pre-fund nostro accounts.
#XRP #BinanceSquare #usdr
XRP is Ripple's cryptocurrency token, which is used to transfer funds across borders at a low cost — trustlessly and instantly. Its primary use is to serve as a bridge currency to offer financial institutions a more cost-effective way to exchange both crypto and fiat currencies.
According to Ripple CTO Stefan Thomas, XRP is quicker and cheaper at fractions of a penny and about three seconds faster per transaction compared to other digital assets.
XRP also offers other advantages: using XRP, banks can source liquidity on-demand in real-time without having to pre-fund nostro accounts.
#XRP #BinanceSquare #usdr
Galxe, a Web3 credentials and rewards platform, has indeed announced a refund for users affected by a DNS attack. They will be refunding over $396,000 to more than 980 affected users. Additionally, the company will provide an additional 10% compensation on the lost funds.
The funds will be automatically returned to the wallet addresses from which they were taken, unless alternative instructions are provided. The refunds will be processed in Tether (USDT) and are scheduled to be completed on October 16th.
$TUSD
#galxe #usdr #cryptocurrency $BTC
The funds will be automatically returned to the wallet addresses from which they were taken, unless alternative instructions are provided. The refunds will be processed in Tether (USDT) and are scheduled to be completed on October 16th.
$TUSD
#galxe #usdr #cryptocurrency $BTC
What is the safest way to make money in crypto?
The safest way to make money in crypto involves a combination of thorough research, patience, and risk management:
Long-Term Holding (HODLing): Instead of trying to time the market, many individuals buy a solid cryptocurrency like Bitcoin or Ethereum and hold it for an extended period. This strategy bypasses the short-term volatility of the market.
Diversify Investments: Don't put all your capital into a single cryptocurrency. By diversifying, you spread the risk.
Stay Educated: Continuously educate yourself about the market, new coins, and overall industry trends. Knowledge is your most potent tool.
Use Reputable Exchanges and Wallets: Always prioritize security. Personally, I use binance, and it offers a combination of diverse trading tools and robust security measures, ensuring the safety of my investments.
Avoid High-Risk Strategies: Day trading or investing in very new or low-market-cap coins can be lucrative but also carries significant risk. If you're not experienced or well-researched, it's best to avoid these strategies.
Follow me for more tips to earn in crypto
#ftx #usdr #avalanche
The safest way to make money in crypto involves a combination of thorough research, patience, and risk management:
Long-Term Holding (HODLing): Instead of trying to time the market, many individuals buy a solid cryptocurrency like Bitcoin or Ethereum and hold it for an extended period. This strategy bypasses the short-term volatility of the market.
Diversify Investments: Don't put all your capital into a single cryptocurrency. By diversifying, you spread the risk.
Stay Educated: Continuously educate yourself about the market, new coins, and overall industry trends. Knowledge is your most potent tool.
Use Reputable Exchanges and Wallets: Always prioritize security. Personally, I use binance, and it offers a combination of diverse trading tools and robust security measures, ensuring the safety of my investments.
Avoid High-Risk Strategies: Day trading or investing in very new or low-market-cap coins can be lucrative but also carries significant risk. If you're not experienced or well-researched, it's best to avoid these strategies.
Follow me for more tips to earn in crypto
#ftx #usdr #avalanche
$BEL /USDT
#ftx #usdr #galxe #BinanceSquare #trading
It is following triangle pattern,
It has touched multiple times and bounced from lower trendline.
But never crossed previous high that's why upper trendline will crucial resistance level.
We hope it may touch upper trendline $0.68-0.71.
If it will show weakness around upper trendline.
It mean it is ready to dump. Below $0.52 it will show massive downside move ✅✅
#ftx #usdr #galxe #BinanceSquare #trading
It is following triangle pattern,
It has touched multiple times and bounced from lower trendline.
But never crossed previous high that's why upper trendline will crucial resistance level.
We hope it may touch upper trendline $0.68-0.71.
If it will show weakness around upper trendline.
It mean it is ready to dump. Below $0.52 it will show massive downside move ✅✅
You should not sell off your crypto assets now and call it all quits because the next bullrun will come when you never expected and every $1 you cash out today will be worth $100 in the bullrun. Just think about that.
Just like those that bought Bitcoin when it was super cheap and never sold or used it to buy pizza are millionaires and billionaires today, a lot of people that won't sell and throw in the towel now will become millionaires and billionaires in the next bullrun.
Ultimately, just like the last bullrun made investors like me millionaires in their local currencies, I expect to become a dollar millionaire this time around because I am wiser, more exposed and have learned so much from a lot of failures in the past.
#BTC #bullrun #usdr
Just like those that bought Bitcoin when it was super cheap and never sold or used it to buy pizza are millionaires and billionaires today, a lot of people that won't sell and throw in the towel now will become millionaires and billionaires in the next bullrun.
Ultimately, just like the last bullrun made investors like me millionaires in their local currencies, I expect to become a dollar millionaire this time around because I am wiser, more exposed and have learned so much from a lot of failures in the past.
#BTC #bullrun #usdr
Why Did Polygon’s #USDR #Stablecoin Depeg?👀
Several significant events have transpired in the world of cryptocurrency recently, but perhaps the most striking is the depegging of Polygon’s $USDR stablecoin. What does this mean, and why did it happen?Swift Redemption of $USDR TreasuryFirstly, the $USDR treasury saw a swift redemption of all its liquid assets, causing a rapid drawdown and panic selling. This led to the stablecoin’s value not remaining stable, resulting in it depegging. As of October 11th, only 7M in liquidity was available.Challenges of Implementing the Real-World Assets (RWA) ConceptOne of the underlying reasons behind this incident might be the challenges in implementing the Real-World Assets (RWA) concept. The RWA notion refers to cryptocurrencies being backed by real-world assets, like real estate or precious metals. This can enhance stability but might also lead to liquidity issues.Centralized vs. Decentralized StablecoinsThis incident reignited the ongoing debate about the pros and cons of centralized and decentralized stablecoins. Both types have their advantages and challenges, but this event highlighted the potential risks of decentralized stablecoins.How Should the $USDR Team Address their Liquidity Issue?The $USDR team has several options to address their liquidity issue. One is to establish new partnerships to provide more liquidity. Alternatively, they can incentivize users to be more active in providing liquidity. They might also conduct buybacks to support the value of the stablecoin.ConclusionThe depegging of Polygon’s $USDR stablecoin has underscored the importance of liquidity and maintaining stability in the cryptocurrency world. This event serves as a reminder to investors and users to exercise caution when investing in cryptocurrencies.#usdr #stablecoin
- Tangible's USDR stablecoin, backed by real estate, lost its peg to $1, but CEO Jag Singh says holders may get 90 cents on the dollar in DAI and 10 cents in Tangible's governance token.
- USDR, aiming to offer extra yield through U.K. real estate revenue, faced a run on its DAI holdings, causing a liquidity shortage and a drop in the token's value from $1.00 to nearly $0.50.
- Tangible is working toward honoring redemptions, allowing holders to receive 90 cents in DAI and the final 10 cents in Tangible's governance token.
- The collapse of USDR highlights challenges in stablecoins backed by mixed assets, emphasizing the need for liquidity, especially during market downturns.
- Tangible plans to roll out a 'basket' product that will enable investors to access USDR's real estate backing on-chain through NFTs representing legal rights to the property.
#usdr #DAI #Stablecoins
- USDR, aiming to offer extra yield through U.K. real estate revenue, faced a run on its DAI holdings, causing a liquidity shortage and a drop in the token's value from $1.00 to nearly $0.50.
- Tangible is working toward honoring redemptions, allowing holders to receive 90 cents in DAI and the final 10 cents in Tangible's governance token.
- The collapse of USDR highlights challenges in stablecoins backed by mixed assets, emphasizing the need for liquidity, especially during market downturns.
- Tangible plans to roll out a 'basket' product that will enable investors to access USDR's real estate backing on-chain through NFTs representing legal rights to the property.
#usdr #DAI #Stablecoins
📰 Trending News in Crypto🔥
Binance to list Solana-based memecoin Dogwifhat
1 hour ago
This Long-Time Dogecoin Bull Made A Valentine's Day Prediction About DOGE, SHIB Comebacks — Here's How It Is Playing Out
1 hour ago
SEC seeks public comments on Ethereum ETF, raises concerns on proof of stake
1 hour ago
Taiwan Eyes Special Law for Crypto Regulation, Aims for Investor Safety
1 hour ago
SEC Hesitates on Ethereum ETFs Amid Market Surge and Political Pressure
1 hour ago
#ORDI #BinanceSquare #DeFiChallen #usdr #LOOM
PLEASE, YOUR GENEROUS FINANCIAL SUPPORT 🙏 IS NEEDED. THANK YOU
THIS POST WAS MEANT FOR "5th of March". SO SORRY ABOUT THE DELAY
Binance to list Solana-based memecoin Dogwifhat
1 hour ago
This Long-Time Dogecoin Bull Made A Valentine's Day Prediction About DOGE, SHIB Comebacks — Here's How It Is Playing Out
1 hour ago
SEC seeks public comments on Ethereum ETF, raises concerns on proof of stake
1 hour ago
Taiwan Eyes Special Law for Crypto Regulation, Aims for Investor Safety
1 hour ago
SEC Hesitates on Ethereum ETFs Amid Market Surge and Political Pressure
1 hour ago
#ORDI #BinanceSquare #DeFiChallen #usdr #LOOM
PLEASE, YOUR GENEROUS FINANCIAL SUPPORT 🙏 IS NEEDED. THANK YOU
THIS POST WAS MEANT FOR "5th of March". SO SORRY ABOUT THE DELAY
Position long
Doge USDT
Entry point 0.05857
Take-Profit target 1 🚀0.05880
Take-Profit target 2 🚀0.05907
Take-Profit target 3 🚀0.05940
Stop loss
-5
Use proper Risk management
Always use 5 to 10% fund of portfolio in one trade
Always take entry in by parts
U will be in profit
#DeFiChallenge #usdr #avalanche
Doge USDT
Entry point 0.05857
Take-Profit target 1 🚀0.05880
Take-Profit target 2 🚀0.05907
Take-Profit target 3 🚀0.05940
Stop loss
-5
Use proper Risk management
Always use 5 to 10% fund of portfolio in one trade
Always take entry in by parts
U will be in profit
#DeFiChallenge #usdr #avalanche
I am a Bangladeshi, if anyone has a problem understanding binance square, please comment below. I will try to solve the problem
#BinanceSquare #usdr #galxe #avalanche #ftx
#BinanceSquare #usdr #galxe #avalanche #ftx
🪙Pemerintah federal Australia akan memperkenalkan peraturan baru yang mewajibkan pertukaran kripto untuk mendapatkan lisensi layanan keuangan, Australian Financial Review melaporkan pada 15 Oktober.
Asisten Bendahara Stephen Jones dijadwalkan untuk mengungkap aturan yang telah lama ditunggu-tunggu ini selama Australian Financial Review Crypto Summit.
Menurut laporan tersebut, pemerintah akan fokus pada bursa – dengan tunduk pada undang-undang jasa keuangan yang ada – daripada mengatur token individu atau mata uang kripto.
Pertukaran Crypto yang memiliki total lebih dari $5 juta atau melebihi $1,500 untuk setiap pengguna individu akan diberi mandat untuk mendapatkan Lisensi Jasa Keuangan Australia (AFSL) yang dikeluarkan oleh Komisi Sekuritas dan Investasi Australia (ASIC).
Peraturan tersebut akan memaksa bursa untuk mematuhi standar yang ketat, termasuk memberikan layanan secara transparan dan adil, mengelola konflik kepentingan, mengungkapkan informasi, menyampaikan laporan keuangan, dan memenuhi persyaratan solvabilitas dan cadangan kas.
Selain itu, aturan penjagaan aset akan diberlakukan untuk meningkatkan perlindungan konsumen di sektor ini.
Menurut data Departemen Keuangan, satu dari empat warga Australia secara kolektif memiliki mata uang kripto senilai miliaran dolar melalui berbagai bursa yang beroperasi di negara tersebut – sehingga sangat penting untuk meningkatkan perlindungan konsumen.
Langkah ini mengikuti serangkaian peretasan internasional dan kasus manajemen risiko yang buruk , terutama jatuhnya pertukaran kripto FTX yang berbasis di AS, yang menimbulkan kerugian besar bagi sekitar 30,000 warga Australia.
#ftx #usdr #avalanche #galxe #BinanceSquare
👉Follow, Like, Comment & Share 💖
Asisten Bendahara Stephen Jones dijadwalkan untuk mengungkap aturan yang telah lama ditunggu-tunggu ini selama Australian Financial Review Crypto Summit.
Menurut laporan tersebut, pemerintah akan fokus pada bursa – dengan tunduk pada undang-undang jasa keuangan yang ada – daripada mengatur token individu atau mata uang kripto.
Pertukaran Crypto yang memiliki total lebih dari $5 juta atau melebihi $1,500 untuk setiap pengguna individu akan diberi mandat untuk mendapatkan Lisensi Jasa Keuangan Australia (AFSL) yang dikeluarkan oleh Komisi Sekuritas dan Investasi Australia (ASIC).
Peraturan tersebut akan memaksa bursa untuk mematuhi standar yang ketat, termasuk memberikan layanan secara transparan dan adil, mengelola konflik kepentingan, mengungkapkan informasi, menyampaikan laporan keuangan, dan memenuhi persyaratan solvabilitas dan cadangan kas.
Selain itu, aturan penjagaan aset akan diberlakukan untuk meningkatkan perlindungan konsumen di sektor ini.
Menurut data Departemen Keuangan, satu dari empat warga Australia secara kolektif memiliki mata uang kripto senilai miliaran dolar melalui berbagai bursa yang beroperasi di negara tersebut – sehingga sangat penting untuk meningkatkan perlindungan konsumen.
Langkah ini mengikuti serangkaian peretasan internasional dan kasus manajemen risiko yang buruk , terutama jatuhnya pertukaran kripto FTX yang berbasis di AS, yang menimbulkan kerugian besar bagi sekitar 30,000 warga Australia.
#ftx #usdr #avalanche #galxe #BinanceSquare
👉Follow, Like, Comment & Share 💖
Here are 5⃣ steps you can take to enhance the security of your Binance account:
1⃣. Enable two-factor authentication (2FA): Use an authentication app like Google Authenticator.
2⃣. Use a strong and unique password: Create a strong password using a combination of uppercase and lowercase letters, numbers, and special characters.
3⃣. Regularly update your account password: Change your password on a regular basis to mitigate the risk of unauthorized access. Avoid using the same password for multiple accounts.
4⃣. Withdrawal whitelist: Utilize the withdrawal whitelist feature provided by Binance.
5⃣. Enable withdrawal address management: Use the withdrawal address whitelist feature to restrict withdrawals to specific wallet addresses.
By following these security measures, you can significantly enhance the safety of your Binance account and protect your funds from unauthorized access.
#ftx #usdr #avalanche #galxe #DeFiChallenge
1⃣. Enable two-factor authentication (2FA): Use an authentication app like Google Authenticator.
2⃣. Use a strong and unique password: Create a strong password using a combination of uppercase and lowercase letters, numbers, and special characters.
3⃣. Regularly update your account password: Change your password on a regular basis to mitigate the risk of unauthorized access. Avoid using the same password for multiple accounts.
4⃣. Withdrawal whitelist: Utilize the withdrawal whitelist feature provided by Binance.
5⃣. Enable withdrawal address management: Use the withdrawal address whitelist feature to restrict withdrawals to specific wallet addresses.
By following these security measures, you can significantly enhance the safety of your Binance account and protect your funds from unauthorized access.
#ftx #usdr #avalanche #galxe #DeFiChallenge
