Main TakeawaysConfirmation bias causes us to seek out information that reinforces our pre-existing beliefs, often ignoring evidence that contradicts them.This bias significantly reinforces both everyday and crypto-related false beliefs ranging from “moon landing was faked" and “cryptocurrency is solely used for illegal activities.”Other biases work together with confirmation bias, creating a cycle that distorts our perception of facts.Ever wonder why it's so hard to change someone’s mind, even w
The Long Game of Crypto: Mastering Risk Management and Security
Main TakeawaysIn yet another installment of The Long Game of Crypto series, we share tips on how to master risk management and security in the cryptocurrency space to make your long journey both rewarding and safe. Despite the cryptocurrency ecosystem becoming safer each year, it still poses potential risks and security threats that each user should be aware of. Read on to get introduced to best practices to create top-notch security frameworks for your digital-asset investments. The crypto worl
Binance Culture Stars Insights: Feedback, Humility, and Growth
Main TakeawaysAs the year is coming to a close, we are celebrating our 2024 Culture Stars and giving them a platform to share insights that will help each Binancian to excel at practicing the organization's fundamental values. We explore five key questions around the feedback culture at Binance and some of our Culture Stars’ most thought-provoking answers. Discover how feedback culture is woven into Binance's operations, how to give and receive feedback for optimal growth, and how this culture r
Binance 2024 Anti-Scam Refund Initiative End of Year Report
Main TakeawaysThis report highlights the Binance 2024 Anti-Scam Refund Initiative, a joint effort by several teams across Binance designed to enhance user safety. The Binance Anti-Scam Refund initiative works around the clock to prevent scams, protect users, and refund victims. Discover the strategies, methodologies, and technology behind Binance Anti-Scam Refund initiative, and learn about the impressive results that underscore the tireless dedication of Binance in protecting our users. Introdu
How Our Community Made 2024 Unforgettable: Five Achievements That Wouldn't Be Possible Without You
Main Takeaways2024 was a groundbreaking year, and it’s all thanks to you — our incredible Binance community.Together, we’ve achieved record-breaking growth, community milestones, and innovations that are shaping the future of crypto.Let’s look back at five unforgettable milestones we reached together this year!2024 has been nothing short of unforgettable, and it’s all thanks to you — our incredible Binance community. Together, we’ve smashed records, drove innovation, and shaped the future of cry
Binance Build November 2024: Key Enhancements Driven by User Feedback
Main TakeawaysIn November 2024, we reviewed and processed 2,044 product and feature suggestions from our user community via the Feature Request & Feedback Board.Last month, we received a wide range of feedback on various products, with a particular focus on Binance Futures, Copy Trading, Binance Square, and Loans.Follow our official social channels for weekly updates on Binance’s newest product features with #BinanceBuild, posted every Wednesday and Friday.This is a general announcement. Product
Strengthening Security and Transparency: Binance Secures SOC 2 Type 2 and SOC 1 Type 1 Certifications
Main TakeawaysBinance has achieved SOC 2 Type 2 and SOC 1 Type 1 certifications, reaffirming its commitment to security, resilience, transparency, and reliability.Binance continues to enhance security and resilience through proactive measures like advanced encryption, multi-signature authentication, and real-time threat monitoring.These certifications solidify Binance’s leadership by setting new benchmarks in compliance and operational excellence in the crypto industry.We are thrilled to share a
Web3 Security: The Danger of Unlimited Approvals on Ethereum Virtual Machine Chains
Main TakeawaysIn the world of Web3, granting unlimited approvals creates vulnerabilities that hackers can exploit through smart contract flaws or social engineering. Regularly review and revoke unnecessary approvals to prevent unauthorized access to your assets. Safeguard your funds with tools like Binance Web3 Wallet and constantly stay informed about Web3 security risks.In a world of decentralized finance, what’s the cost of one overlooked approval? While smart contracts can simplify transacti
Binance Joins ACFE Hong Kong Anniversary Conference to Discuss Crypto Crime and Compliance
Main TakeawaysOn November 27, 2024, the Hong Kong chapter of the Association of Certified Fraud Examiners (ACFE) celebrated its 25th Anniversary with an annual dinner and panel discussions of crypto-related financial crime and regulatory trends.One of the panels featured Nils Andersen-Röed, Head of Binance’s Financial Intelligence Unit.From combating financial crimes to fostering education and regulatory collaboration, Andersen-Röed articulated actionable insights for the crypto industry. On Nov
You’ve Joined the Binance x CR7 ForeverSkills Team, Now What?
Main Takeaways:The ForeverSkills NFT Drop is just the first of many exciting opportunities to come, with exclusive perks for digital collectible holders.Owning any CR7 Digital Collectible gives you access to Binance's CR7 ForeverZone, unlocking future perks and exclusive content.Token-gated areas of the ForeverZone are coming soon for Digital Collectible holders to easily access their benefits, so get ready for more action and rewards coming your way!The whistle hasn’t blown yet on the ForeverSk
Binance Global User Survey: 45% Joined Crypto in 2024
Main TakeawaysBinance has recently run a global user survey where 27,230 respondents shared their perceptions of the current state of the crypto market and expectations for 2025.19.39% of respondents expect more crypto regulation in 2025, while 23.89% anticipate AI tokens to lead the market’s growth, signaling a shift in user perceptions that could lead to greater mainstream adoption and technological innovation.Nearly 45% of survey participants joined the crypto space in 2024, but daily trading
Bust Crypto’s Biggest Myths With BWT Alpine F1 Team Driver Pierre Gasly
Key TakeawaysThere’s a lot of misinformation about crypto out there. But, with our new series featuring Pierre Gasly, you can learn to separate fact from fiction when it comes to Web3.Hear about Pierre’s own experiences and blockchain knowledge while finding out more about blockchain’s accessibility, use cases, and more.You can easily start busting crypto myths yourself by signing up to Binance in just a few steps with our link here.Crypto doesn’t have to be confusing! With Pierre, it’s time to
The Long Game of Crypto: Strategic Allocation to Digital Assets
Main TakeawaysAs we continue discussing various components of the long-term approach to digital assets, we dive into two essential concepts of long-term investing: dollar-cost averaging (DCA) and HODLing. Building your digital-asset portfolio over an extended time is not just a financial exercise, it is also a psychological one. The more you understand your fears and emotions, the better equipped you will be to succeed in the long game. Bear in mind that all investments carry inherent risks, reg
How to Trade With Binance P2P: A Comprehensive Guide
Main TakeawaysBinance P2P is a peer-to-peer marketplace where you can directly trade crypto with other Binance users.Binance P2P facilitates crypto transactions with your preferred payment method, local currency, and price.In this article, learn why users prefer Binance P2P, how the P2P merchant economy functions, and discover basic P2P trading techniques to kickstart your crypto business.Ever wanted complete control over your crypto trades? Peer-to-peer (P2P) trading shines when you’re seeking
How Can BFUSD Generate an Average APY of More Than 30%?
Main TakeawaysBFUSD offers a high APY (recently in the 30%-47% range) through returns from funding fees and staking, but such returns are dynamic and depend on market conditions. A robust Reserve Fund shields users from negative funding rates, ensuring stability even during bearish market conditions.Backtesting shows that BFUSD’s Reserve Fund can withstand extreme market scenarios, providing a reliable buffer that will likely grow over time.This is a general announcement. Products and services r
Binance Fund Inflows for 2024 Are Almost 40% Higher Than the Next 10 Exchanges Combined
Main TakeawaysBinance recorded $21.6 billion in user fund deposits in 2024, 36% more than the combined total of the next 10 crypto exchanges, which amounts to USD 15.9 billion.The average BTC deposit across exchanges rose from 0.36 BTC to 1.65 BTC, while USDT deposits surged from $19.6k to $230k. These larger deposits reflect growing interest from professional and corporate investors. Earlier this year, Binance became the first crypto exchange to exceed $100 trillion in lifetime trading volumes,
Bull Market Through a Data Lens: Insights From CoinMarketCap and BeInCrypto
Main TakeawaysA recent Binance Square livestream hosted by Jessica Walker featured insights from Alice Liu of CoinMarketCap and Victor Tamer of BeInCrypto, focusing on current market dynamics from a data perspective.The market has seen a significant surge in institutional interest, particularly in Bitcoin ETFs, contributing to a rapid increase in market capitalization from $2.2 trillion to $3.3 trillion.The experts discussed several major trends in the market, including rising retail interest in
Circle and Binance Form a Strategic Partnership to Accelerate Global USDC and Crypto Adoption
Main TakeawaysBinance and Circle have announced a strategic partnership to expand the adoption of the USDC stablecoin and support the global digital-asset and financial services ecosystem.Binance will integrate USDC across its products and services, making it more accessible to its 240 million users for trading, saving, and payments, while also adopting USDC for its corporate treasury operations.Circle will provide Binance with technology, liquidity, and tools to enhance user trust and innovatio
Verify Your Account & Join the Binance x CR7 ForeverSkills Team
Main TakeawaysThe key to claiming a free or premium ForeverSkills digital collectible is to verify your Binance account — don’t miss your chance to join the team.Unlock incredible perks like skill tutorials, a Digital Masterclass with Cristiano Ronaldo, and exclusive chances to win signed jerseys and WHOOP bands.Completing your verification is simple — follow our easy step-by-step guide and get started today! Time is running out to claim your spot in Cristiano Ronaldo’s ForeverSkills lineup! Fr
Unwrap the Festive Joy: Explore Binance’s Christmas Calendar and Over $990K in Rewards!
Main TakeawaysDiscover Binance’s Christmas Calendar! Log in daily from December 10-24 to unlock exclusive promotions, exciting activities, and festive surprises.Don’t miss your chance to share in over $990,000 worth of crypto rewards this #BinanceSeason through our Calendar and festive activities.From global meetups to the 2024 Year in Review and CR7 ForeverSkills, celebrate December with Binance both online and offline.This is a general announcement. Products and services referred to here may n