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The top-notch esports streaming platform, LOCO, joined hands with a blockchain network Avalanche to bring web 3.0 fan experiences by launching an NFT marketplace for esports fans, ‘Legends By Loco’ on Avalanche Subnet.
#loco #avalanche #partnership #BTC #cryptoonindia
#loco #avalanche #partnership #BTC #cryptoonindia
Avalanche DEX Trader Joe Plans to Make its Tokens More Valuable for Users.
The platform aims to expand to Arbitrum and BNB Chain in the coming weeks and is changing part of how its tokens are rewarded and distributed.
#crypto2023 #Binance #avalanche #cryptonews
The platform aims to expand to Arbitrum and BNB Chain in the coming weeks and is changing part of how its tokens are rewarded and distributed.
#crypto2023 #Binance #avalanche #cryptonews
TOP 10 #avalanche PROJECTS BY SOCIAL ACTIVITY
$AVAX $LINK $XETA $SUSHI $FXS $PNG $JOE $FRAX $ORN $BIFI
$AVAX $LINK $XETA $SUSHI $FXS $PNG $JOE $FRAX $ORN $BIFI
Top 5 Avalanche Ecosystems Coins by Alt Rank: February 23rd
Alt Rank is a unique measurement by LunarCRUSH, that combines actual altcoin price performance relative to Bitcoin and social activity indicators.
#avalanche #DeFi #Altcoin #CryptoPMYoutube #dyor
Alt Rank is a unique measurement by LunarCRUSH, that combines actual altcoin price performance relative to Bitcoin and social activity indicators.
#avalanche #DeFi #Altcoin #CryptoPMYoutube #dyor
📌❗ 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
NFT Staking: How Rewards are Earned
NFT Staking: Earning RewardsNFT Staking: How Rewards are EarnedNon-Fungible Tokens (NFTs) have taken the digital world by storm, offering unique ownership and provenance of digital assets. While NFTs are primarily associated with art, collectibles, and virtual real estate, they have evolved to encompass a wide range of digital goods. Staking, a popular concept in the world of cryptocurrencies, has also made its way into the NFT space, enabling NFT holders to earn rewards for their ownership. In this article, we'll delve into the world of NFT staking and explore how rewards are earned in this exciting intersection of technology and ownership.What is NFT Staking?NFT staking is a concept borrowed from the world of cryptocurrencies, where individuals lock up their tokens in a smart contract to support network security and gain rewards in return. In the context of NFTs, staking involves holding a non-fungible token in a specialized contract or platform to earn rewards. These rewards can vary widely, including additional NFTs, cryptocurrency, or other digital assets.The primary objectives of NFT staking are to incentivize NFT holders to keep their assets within the ecosystem and to support the overall stability and functionality of the platform. By doing so, NFT projects can create a more engaged and loyal community.How NFT Staking WorksNFT staking works through a combination of smart contracts, blockchain technology, and decentralized applications (DApps). Here's a step-by-step breakdown of the process:Select a Staking Platform: NFT holders must choose a staking platform that supports the specific NFT they want to stake. Various platforms cater to different NFT collections, so users should pick the one that aligns with their holdings.Approve Staking: After selecting the platform, users must give permission (approve) for the smart contract to interact with their NFT. This approval ensures that the NFT can be staked and unstaked when desired.Stake the NFT: Users can then lock their NFT into the staking contract. Once staked, the NFT is held as collateral and cannot be transferred or traded until it is unstaked.Earn Rewards: The staked NFT generates rewards over time. These rewards may be distributed in various forms, including additional NFTs from the same collection, governance tokens, or other digital assets. The specific rewards depend on the staking platform and project's design.Unstaking: To unlock the staked NFT and claim rewards, users must go through the unstaking process. This typically involves a cooldown period, during which the NFT cannot be removed from the staking contract.Claiming Rewards: Once the cooldown period is over, users can claim their staked NFT and the rewards it has generated. Rewards are sent to the user's wallet or can be reinvested in the staking platform.Types of NFT Staking RewardsNFT staking platforms offer various types of rewards, each tailored to the specific project's objectives. Here are some common reward mechanisms in NFT staking:Additional NFTs: Stakers may receive additional NFTs from the same collection, encouraging them to accumulate more assets from the project.Cryptocurrency Rewards: Some staking platforms provide users with cryptocurrency rewards, which could be in the form of the project's native token or other popular cryptocurrencies like Ethereum or Bitcoin.Governance Tokens: Stakers might earn governance tokens that grant them voting rights and decision-making power within the project's ecosystem.Utility Tokens: Some NFT projects offer utility tokens that can be used for specific actions within their ecosystem, such as purchasing virtual goods or participating in events.Staking Multipliers: Staking platforms often introduce multipliers that increase the rewards based on the duration of staking. The longer an NFT is staked, the higher the potential rewards.Risks and ConsiderationsWhile NFT staking can be a rewarding experience, it also comes with its own set of risks and considerations:Market Volatility: NFT prices and rewards can be highly volatile. Stakers should be prepared for fluctuations in the value of their assets.Smart Contract Risks: Staking platforms rely on smart contracts, and vulnerabilities or bugs in these contracts can result in the loss of NFTs or rewards.Exit Scams: The NFT space is still relatively new, and not all projects are trustworthy. Users should conduct thorough research before staking their valuable NFTs.Cooldown Periods: Unstaking NFTs often involves a cooldown period, which means that stakers cannot access their assets immediately. This can be a drawback for those who need quick liquidity.The Future of NFT StakingNFT staking is an evolving concept with enormous potential. As the NFT ecosystem continues to grow and diversify, we can expect to see more innovative staking mechanisms and greater integration with DeFi (Decentralized Finance) platforms. Additionally, NFT staking has the potential to further bridge the gap between the digital and physical worlds, enabling owners to stake physical assets and earn rewards in the digital realm.In conclusion, NFT staking is a fascinating intersection of blockchain technology, ownership, and incentives. By staking their NFTs, owners not only support the growth of their chosen projects but also have the opportunity to earn attractive rewards. However, users must exercise caution and conduct due diligence to navigate the risks associated with this emerging financial tool. As the NFT landscape continues to evolve, it's essential to stay informed and adapt to the changing dynamics of this exciting space.
#avalanche
Sports Illustrated moves NFT ticketing platform to Avalanche
💡 "Blockchain will take "Community Management" to the next level" This one is one of the oldest benefits I've heard about #Blockchain back in 2016.
Unlike other collabs, this one seems useful. The buyer's journey should not be finished with the "event" itself, the purchase should open the doors of a new world (Company's experience) to the new client.
How do you achieve this? By engaging and adding value to the customer at every step of the journey. One of the tools that could help a lot with this is blockchain technology and #AVAX is soon to prove it.
Useful use case in the real world. I'm pretty positive about this one.
$AVAX continues...
Sports Illustrated moves NFT ticketing platform to Avalanche
💡 "Blockchain will take "Community Management" to the next level" This one is one of the oldest benefits I've heard about #Blockchain back in 2016.
Unlike other collabs, this one seems useful. The buyer's journey should not be finished with the "event" itself, the purchase should open the doors of a new world (Company's experience) to the new client.
How do you achieve this? By engaging and adding value to the customer at every step of the journey. One of the tools that could help a lot with this is blockchain technology and #AVAX is soon to prove it.
Useful use case in the real world. I'm pretty positive about this one.
$AVAX continues...
ANALYSIS: According to data from Token Unlocks, $168M worth of AVAX tokens (9.5M tokens) will be unlocked on May 28, releasing 3% of the total 327M AVAX tokens in circulation.
#avax #avalanche #BTC #Binance #askbinancesensei
#avax #avalanche #BTC #Binance #askbinancesensei
🔥🔥😱Avalanche Foundation began purchasing meme coins: Statement made
The Avalanche Foundation also participated in the meme coin craze, which has been rekindled recently. With a statement, the foundation announced that it will start buying some meme coins through the "Cultural Catalyst" program launched last year. These meme coins will only be based on the Avalanche chain.
While the big price increases seen in Solana-based meme coins, especially BONK, have also mobilized developers working on other chains, the major players of the crypto ecosystem have not been indifferent to this trend either!
Avalanche Foundation announced via the X platform that it will start meme coin purchases through the “Culture Catalyst” program launched last year.
"They have passed the tokens that are the area of use”
Emphasizing that the ”Culture Catalyst" program is a program aimed at supporting content producers and other creators and developers, the statement said that internet culture and humor have recently taken an important place in the cryptocurrency ecosystem:
"Like gaz tokens, DeFi tokens, real-world assets, NFTs, governance tokens within the crypto ecosystem, meme coins have recently started to become of great importance. These tokens, which are usually issued with inspiration from internet culture and humor, have managed to go beyond some assets that have a field of use. Representing the interests of various crypto communities and the spirit of collective action, these coins have become an important player in this field.”
"Meme coins based on Avalanche will be bought”
The Avalanche Foundation will start receiving meme coins issued only on the Avalanche network through this “Cultural Catalyst” program, the following statements were used in the statement stating that:
"The Avalanche Foundation will use Culture Catalyst to both recognize and promote the culture and entertainment symbolized by these tokens by purchasing some Avalanche-based meme coins to create a collection.
#avalanche #binance #Memecoins
The Avalanche Foundation also participated in the meme coin craze, which has been rekindled recently. With a statement, the foundation announced that it will start buying some meme coins through the "Cultural Catalyst" program launched last year. These meme coins will only be based on the Avalanche chain.
While the big price increases seen in Solana-based meme coins, especially BONK, have also mobilized developers working on other chains, the major players of the crypto ecosystem have not been indifferent to this trend either!
Avalanche Foundation announced via the X platform that it will start meme coin purchases through the “Culture Catalyst” program launched last year.
"They have passed the tokens that are the area of use”
Emphasizing that the ”Culture Catalyst" program is a program aimed at supporting content producers and other creators and developers, the statement said that internet culture and humor have recently taken an important place in the cryptocurrency ecosystem:
"Like gaz tokens, DeFi tokens, real-world assets, NFTs, governance tokens within the crypto ecosystem, meme coins have recently started to become of great importance. These tokens, which are usually issued with inspiration from internet culture and humor, have managed to go beyond some assets that have a field of use. Representing the interests of various crypto communities and the spirit of collective action, these coins have become an important player in this field.”
"Meme coins based on Avalanche will be bought”
The Avalanche Foundation will start receiving meme coins issued only on the Avalanche network through this “Cultural Catalyst” program, the following statements were used in the statement stating that:
"The Avalanche Foundation will use Culture Catalyst to both recognize and promote the culture and entertainment symbolized by these tokens by purchasing some Avalanche-based meme coins to create a collection.
#avalanche #binance #Memecoins
Why is the crypto market so quiet?
Bitcoin: The Calm Before The Storm
There is a storm brewing on the horizon, and most people don’t even see it coming. That storm is Bitcoin, and it is about to change everything. It’ll be unlike any storm you have ever seen before. Lives will be changed financially forever. Some will amass incredible riches, while some might lose everything.
However, if you were to look at the current landscape of the cryptocurrency market, that previous statement would seem as far from reality as possible. After all, during the last few months, Bitcoin has been behaving much more like a stablecoin, rather than the highly volatile crypto asset that it is. Ending days and weeks with the price staying within the same price range, moving up or down by only a hundred dollars or more. Most people new to Bitcoin aren’t even aware of its true behavior. That when Bitcoin finally wakes up, it moves with a vengeance. In other financial markets such as stocks, days where the market moves up or day by 3% to 5% are major headline events. With Bitcoin, that is just another Monday. In fact, when Bitcoin finally does wake up, days, where it moves should be expected.
With Bitcoin currently sitting at a price of just over $25k, a daily candle that sees its price go up by 2% would result in an increase of at least $2.9. With that said, think back to the last crypto cycle. On the best and worst days, Bitcoin saw price candles of it going up or down by at least $10k. It’s not too outlandish to expect $20k to $30k daily price candles during the next Bitcoin bull market.
What this all means is that the current calmness of the market is trying to fool. It is trying to make you forget how volatile of an asset Bitcoin is. It is trying to make you so bored that you either stop paying attention to the market or even sell out of your position altogether. Instead, this is the time when your mind needs to be the most focused. It is the calm before the storm, and that storm is rapidly approaching.
Are you prepared for the storm ?
#ftx #avalanche #avalanche
Bitcoin: The Calm Before The Storm
There is a storm brewing on the horizon, and most people don’t even see it coming. That storm is Bitcoin, and it is about to change everything. It’ll be unlike any storm you have ever seen before. Lives will be changed financially forever. Some will amass incredible riches, while some might lose everything.
However, if you were to look at the current landscape of the cryptocurrency market, that previous statement would seem as far from reality as possible. After all, during the last few months, Bitcoin has been behaving much more like a stablecoin, rather than the highly volatile crypto asset that it is. Ending days and weeks with the price staying within the same price range, moving up or down by only a hundred dollars or more. Most people new to Bitcoin aren’t even aware of its true behavior. That when Bitcoin finally wakes up, it moves with a vengeance. In other financial markets such as stocks, days where the market moves up or day by 3% to 5% are major headline events. With Bitcoin, that is just another Monday. In fact, when Bitcoin finally does wake up, days, where it moves should be expected.
With Bitcoin currently sitting at a price of just over $25k, a daily candle that sees its price go up by 2% would result in an increase of at least $2.9. With that said, think back to the last crypto cycle. On the best and worst days, Bitcoin saw price candles of it going up or down by at least $10k. It’s not too outlandish to expect $20k to $30k daily price candles during the next Bitcoin bull market.
What this all means is that the current calmness of the market is trying to fool. It is trying to make you forget how volatile of an asset Bitcoin is. It is trying to make you so bored that you either stop paying attention to the market or even sell out of your position altogether. Instead, this is the time when your mind needs to be the most focused. It is the calm before the storm, and that storm is rapidly approaching.
Are you prepared for the storm ?
#ftx #avalanche #avalanche
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
See original
🪙The Australian federal government will introduce new regulations requiring crypto exchanges to obtain financial services licenses, the Australian Financial Review reported on October 15.
Assistant Treasurer Stephen Jones is scheduled to unveil these long-awaited rules during the Australian Financial Review Crypto Summit.
According to the report, the government will focus on exchanges – subject to existing financial services laws – rather than regulating individual tokens or cryptocurrencies.
Crypto exchanges that have a total of more than $5 million or exceed $1,500 for each individual user will be mandated to obtain an Australian Financial Services License (AFSL) issued by the Australian Securities and Investments Commission (ASIC).
The regulations will force exchanges to adhere to strict standards, including providing services transparently and fairly, managing conflicts of interest, disclosing information, submitting financial reports, and meeting solvency and cash reserve requirements.
In addition, asset custody rules will be implemented to increase consumer protection in this sector.
According to Treasury data, one in four Australians collectively own billions of dollars worth of cryptocurrency through exchanges operating in the country – making it critical to improve consumer protection.
The move follows a series of international hacks and cases of poor risk management, most notably the collapse of US-based crypto exchange FTX, which resulted in huge losses for around 30,000 Australians.
#ftx #usdr #avalanche #galxe #BinanceSquare
👉Follow, Like, Comment & Share 💖
Assistant Treasurer Stephen Jones is scheduled to unveil these long-awaited rules during the Australian Financial Review Crypto Summit.
According to the report, the government will focus on exchanges – subject to existing financial services laws – rather than regulating individual tokens or cryptocurrencies.
Crypto exchanges that have a total of more than $5 million or exceed $1,500 for each individual user will be mandated to obtain an Australian Financial Services License (AFSL) issued by the Australian Securities and Investments Commission (ASIC).
The regulations will force exchanges to adhere to strict standards, including providing services transparently and fairly, managing conflicts of interest, disclosing information, submitting financial reports, and meeting solvency and cash reserve requirements.
In addition, asset custody rules will be implemented to increase consumer protection in this sector.
According to Treasury data, one in four Australians collectively own billions of dollars worth of cryptocurrency through exchanges operating in the country – making it critical to improve consumer protection.
The move follows a series of international hacks and cases of poor risk management, most notably the collapse of US-based crypto exchange FTX, which resulted in huge losses for around 30,000 Australians.
#ftx #usdr #avalanche #galxe #BinanceSquare
👉Follow, Like, Comment & Share 💖
