#2024WithBinance Users of Binance Coin receive a discount in transaction fees on the Binance Exchange as an incentive. BNB can also be exchanged or traded for other cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc
The start of the year has seen cryptocurrency markets trending upwards, with both Bitcoin and altcoins providing profitable opportunities to investors. Despite Bitcoin hitting new highs, most new traders have been focused on altcoins to seek profits. As such, understanding what “altcoin season index” is has become increasingly important.
The altcoin season index measures the performance of altcoins relative to Bitcoin, indicating whether altcoins are outperforming Bitcoin in the market over a specified period. In this guide, we break down the alt season, when it is expected to occur, and explore how to take advantage of it.
