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BINANCE is my most favorite 💖💖💖
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#BINANCE #Cyrpto2024 In November 2024, Binance is making significant moves to enhance its offerings and remain competitive in the rapidly evolving crypto market. Notably, Binance has introduced a BTCUSDT and ETHUSDT options contract with expiration in November, allowing traders to engage in European-style options that can only be exercised at expiration. This addition is part of Binance’s effort to provide a wider range of financial instruments for both hedging and speculation. Additionally, Binance is rolling out new cryptocurrency listings and trading pairs across various markets, including its Spot, Margin, and Futures platforms. This expansion of listings is aimed at keeping up with market demand and providing users more trading options. Binance has also recently rebranded certain tokens, such as transforming KLAY to KAIA. Meanwhile, the Binance ecosystem saw an interesting update with a community-driven initiative called "Grow Your Binance Garden." This campaign encourages users to collect “crypto plants” for Binance Points and rewards. Such promotions are part of Binance’s ongoing efforts to engage and reward its community of users. For users interested in derivatives, Binance has updated leverage and margin tiers for several USDⓈ-margined contracts, adapting to changing market conditions and volatility. These adjustments help ensure that users are trading within risk parameters suitable for the current market. This November is shaping up to be a vibrant month for Binance with a mix of new products, promotions, and community initiatives. You can stay updated by checking the announcements on Binance’s official site.
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#Binance #BinanceNews BINANCE WILL DELIST FOUR TOKENS on NOVEMBER 6, 2024 On November 6, 2024, Binance will delist four tokens—Rupiah Token (IDRT), Keep3rV1 (KP3R), Ooki Protocol (OOKI), and Unifi Protocol DAO (UNFI)—from its trading platform. This decision follows a regular review process Binance conducts to ensure all listed tokens align with performance, liquidity, and regulatory standards. Affected users are advised to close their positions and settle any trading activity involving these tokens before the delisting date. After this, Binance will disable deposits, with withdrawals remaining open until February 6, 2025. Additionally, certain trading pairs, such as KP3R/USDT and UNFI/BTC, will also be removed. Binance cites low trading volumes and potential regulatory challenges as primary reasons for the delisting. Following the announcement, these tokens experienced notable price declines, with KP3R dropping by 35% and UNFI by 44%, reflecting market reaction to the impending removal.
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#FromBinanceMoneyToYourBankAccountTeansfer Here’s a step-by-step guide on how to transfer money from Binance to your bank account: Step 1: Convert Cryptocurrency to Fiat Currency 1. Log in to Binance: Open the Binance app or go to the Binance website and log in to your account. 2. Go to "Wallet": Navigate to your "Wallet" and select "Fiat and Spot." 3. Sell Cryptocurrency: Select the cryptocurrency you want to sell, click "Trade," and choose a suitable trading pair (e.g., BTC/USDT). Convert your crypto to fiat currency (like USD, EUR, PHP) by completing a "Sell" trade. Step 2: Withdraw Fiat to Your Bank 1. Go to "Withdraw": After converting your crypto to fiat, navigate to "Wallet" > "Fiat and Spot" > "Withdraw." 2. Choose Fiat Withdrawal: Select the fiat currency you converted (e.g., USD or PHP). 3. Select Withdrawal Method: Choose a bank transfer option (options vary by country and bank). Some common methods include: Bank Transfer (SWIFT) – for international transactions. Bank Transfer (local) – if Binance supports local transfers in your country. 4. Enter Bank Details: Provide your bank account details. Make sure all information is accurate to avoid delays. 5. Confirm Withdrawal: Enter the amount you wish to transfer, review the fees, and confirm. Binance will show estimated time for the transfer. Step 3: Verify and Confirm 1. Complete Security Verification: Depending on your settings, Binance may require two-factor authentication (2FA) and/or an email or SMS confirmation. 2. Wait for Processing: Withdrawals usually take a few minutes to several days, depending on your bank and the withdrawal method. Tips: Fees: Check the fees for bank transfers, as they may vary by region. Withdrawal Limits: Be aware of Binance’s withdrawal limits and your bank’s policies. Currency Support: Ensure that Binance supports withdrawals to your bank in the selected currency. Following these steps should help you transfer funds successfully from Binance to your bank account.
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#BinanceAutoInvest #Binance Binance's Auto-Invest feature is designed to help users automate cryptocurrency purchases, enabling dollar-cost averaging (DCA) strategies. This tool allows users to buy crypto currencies at regular intervals, reducing the impact of market volatility and promoting disciplined investing. The feature offers both One-Time and Recurring purchase options. In the recurring model, users can choose to buy crypto assets hourly, daily, weekly, or monthly. The Auto-Invest funds are deposited into the user's Simple Earn Flexible Products account, which allows them to earn rewards passively. For users who lack sufficient funds in their Spot Wallet, the system can automatically pull funds from their Simple Earn Wallet if enabled. Additionally, Binance offers Index-Linked Plans, which automate the purchase of the top 10 crypto currencies in the Binance CoinMarketCap Index. This option includes monthly rebalancing to ensure the portfolio reflects market changes. Binance also launched a promotion from July to October 2024, allowing users to set up Auto-Invest plans with zero fees for a limited time.
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