Win Big with Binance: Grab Your Chance for a Bitcoin
Binance, a big name in crypto, is giving away a Bitcoin. You can win just by swapping in your Binance Web3 Wallet. It's easy and anyone can try!Here's what you need to do:1. Go to the activity page and click "Join Now."2. Swap anything in your Binance Web3 Wallet.3. You're in! Now you have a chance to win.The winner will be picked by matching numbers between their Binance ID and a special Binance number on December 31st at midnight.Don't worry if you don't win the Bitcoin. There are more prizes
How a Bank Founder Lost Access to $1 Billion Worth of Ethereum $ETH 😱
Rain Lohmus is the founder of LHV Bank, a leading fintech bank in Estonia. He is also one of the earliest adopters of Ethereum, a decentralized platform that runs smart contracts and applications. However, he has a problem: he can't access his Ethereum because he forgot his password.
Lohmus revealed in an interview with Bloomberg that he bought 250,000 Ethereum in 2017 when it was around $300. He stored them in a hardware wallet, a device that secures digital assets offline. He said that he wrote down his password on a piece of paper, but he lost it during a move. He also said that he did not back up his recovery phrase, a set of words that can restore access to a wallet.
He has tried several methods to recover his password, such as hiring hackers, using brute force attacks, and consulting experts. However, none of them worked. He said that he has accepted his fate and moved on with his life. He said that he still believes in the potential of Ethereum and the blockchain technology, but he is more careful with his passwords now.
Lohmus is not the only one who has lost access to his cryptocurrency. According to a study by Chainalysis, a blockchain analysis company, around 20% of all Bitcoin, worth about $140 billion, is either lost or stranded in wallets that can't be accessed. This is due to various reasons, such as forgetting passwords, losing devices, dying without leaving a will, or sending coins to wrong addresses.
The story of Lohmus and others shows the importance of securing and managing your cryptocurrency properly. If you are interested in investing in cryptocurrency, make sure you use a reputable and reliable wallet, write down and store your password and recovery phrase safely, and never share them with anyone.
Remember, you are your own bank when it comes to cryptocurrency, and you are responsible for your own funds.
How to Earn Free Crypto and NFTs in 2023: The Ultimate Guide to Rewards, Boxes, and Airdrops
IntroductionDo you want to earn free crypto and NFTs without investing a dime? If so, you're in luck, because there are plenty of ways to do so in 2023. The world of cryptocurrency is constantly evolving, with new projects and opportunities emerging all the time. One exciting way to get involved in the crypto space is through rewards programs, crypto boxes, and airdrops. These can offer users a chance to earn free crypto or exclusive NFTs, often simply by participating in specific activities.In
BTC is experiencing a pump in value as anticipated. But we fear that this may be the final surge, so you should be cautious when trading Bitcoin. There may be a period of sideways movement to increase confidence among traders. #BTC #Bitcoin-BTC #Bitcoin_Talk 🗣
9 Assets That Make People Rich and Never Need to Work Again
Financial freedom is the dream of many people. It means having enough wealth to live the life you want without having to work. There are many ways to achieve financial freedom, but one of the most effective is to invest in assets that can generate passive income.Passive income is money that you earn without having to actively work for it. Some examples of passive income include rental income, dividend income, and interest income. When you invest in assets that generate passive income, you are es
Can you explain your trading strategy in 3 sentences or less?
Go ahead and give it a try in the comments below.
This is an important exercise for any trader of investor as it demonstrates mastery of an existing strategy. Meaning, if a trader knows their strategy inside and out, and has practiced it or modified it over a period of time, they also can explain it quickly and precisely.
• Are you a swing trader? What criteria dictate your trades? • Are you a value investor? What key metrics inform your decisions? • Are you an algorithmic trader? What code powers your trading?
All of these questions and more go into explaining your trading strategy, which is ultimately the process you're using to trade markets. However, it's often observed that new traders don't have a strategy. Instead, their trades are impulsive and random. As a community, we can use the comments section below to showcase our individual levels of expertise, helping new traders along the way and watching pro traders innovate.
We look forward to seeing what everyone writes in the comments below.
In addition, the more people who share, the more we can learn.
Be sure to like, follow, and comment on the traders who have the most interesting answers. You may find a great follow and improve your social feed here.
BTC is in a strong uptrend and could reach 36,500$ or higher in the near future. However, there are also some bearish factors at play, so investors should be prepared for any outcome. #BTC #uptrend
Binance Web3 Wallet Update: Win 5 USDT by Completing the Survey!
Binance has updated its Web3 Wallet with new security features and features to improve the user experience. To celebrate the launch, Binance is offering the first 200 users who complete the Binance Web3 Wallet Survey a chance to claim 5 USDT. Complete the survey today to earn some free cryptocurrency and help Binance improve its Web3 Wallet!
Win 5 USDT! Binance Web3 Wallet Updates and Survey. (Pro's and Cons)
Binance Web3 Wallet UpdatesBinance is constantly updating its Web3 Wallet to improve the user experience and add new features. Some of the recent updates include:Improved security: Binance has implemented a number of new security features to protect user funds, including multi-signature wallets and hardware wallet support.New features: Binance has added a number of new features to its Web3 Wallet, such as the ability to swap tokens across multiple chains and earn interest on assets.Bug fixes: Binance has fixed a number of bugs in its Web3 Wallet to improve its stability and performance.Win 5 USDT by Completing the SurveyBinance is offering the first 200 users who complete the Binance Web3 Wallet Survey a chance to claim 5 USDT. The survey is designed to collect feedback from users on their experience with the wallet.To participate in the survey, users must have a Binance account and have completed the Binance KYC process. Users must also have a Binance Web3 Wallet and have used it to make at least one transaction.To complete the survey, users must visit the Binance Web3 Wallet Survey page and answer a few questions about their experience with the wallet. Once the survey is completed, users will be automatically entered into the drawing for the 5 USDT prize.The drawing will be held on November 1, 2023, and the winners will be announced on the Binance blog and social media channels.Good and Bad Points of the Binance Web3 WalletHere are some of the good and bad points of the Binance Web3 Wallet:Good:Easy to use: The Binance Web3 Wallet is easy to use, even for beginners.Secure: The Binance Web3 Wallet is secure and uses a variety of security features to protect user funds.Features: The Binance Web3 Wallet offers a variety of features, such as the ability to swap tokens across multiple chains and earn interest on assets.Support: Binance offers excellent support for its Web3 Wallet users.Bad:Limited support for tokens: The Binance Web3 Wallet does not support all crypto tokens.Fees: Binance charges fees for some transactions made on its Web3 Wallet.How the Binance Web3 Wallet is Good for UsersThe Binance Web3 Wallet is a good choice for users who want a secure and easy-to-use wallet to manage their crypto assets. The wallet also offers a variety of features, such as the ability to swap tokens across multiple chains and earn interest on assets.Here are some specific benefits of using the Binance Web3 Wallet:Security: The Binance Web3 Wallet uses a variety of security features to protect user funds, including multi-signature wallets and hardware wallet support.Convenience: The Binance Web3 Wallet is easy to use and can be accessed from anywhere in the world with an internet connection.Features: The Binance Web3 Wallet offers a variety of features, such as the ability to swap tokens across multiple chains and earn interest on assets.Support: Binance offers excellent support for its Web3 Wallet users.Overall, the Binance Web3 Wallet is a good choice for users who want a secure, convenient, and feature-rich wallet to manage their crypto assets.#BinanceWeb3Wallet #Web3WalletUpdate #WinUSDT #CryptoSurvey #CryptoGiveaway
Win 5 USDT! Binance Web3 Wallet Updates and Survey. (Pro's and Cons)
Binance Web3 Wallet UpdatesBinance is constantly updating its Web3 Wallet to improve the user experience and add new features. Some of the recent updates include:Improved security: Binance has implemented a number of new security features to protect user funds, including multi-signature wallets and hardware wallet support.New features: Binance has added a number of new features to its Web3 Wallet, such as the ability to swap tokens across multiple chains and earn interest on assets.Bug fixes: Bi
Binance Leverage Changes Updates: What You Need to Know.
Binance regularly updates the leverage and margin tiers of its perpetual contracts. These changes are made to ensure the stability of the platform and protect users from excessive risk.
The most recent Binance leverage changes updates were made on October 18, 2023. The following USDⓈ-M Perpetual Contracts had their leverage and margin tiers adjusted:
* ALGOUSDT * RUNEUSDT * HBARUSDT * GMTUSDT
The capped funding rate of these perpetual contracts was also adjusted to +2.00% / -2.00% at the same time.
What does this mean for users?
If you have any open positions on the affected perpetual contracts, your leverage and margin tiers will be automatically adjusted to the new values. This may result in your positions being liquidated if your margin ratio falls below the new maintenance margin requirement.
To avoid any potential liquidation, it is important to review your open positions and adjust your leverage and margin accordingly before the changes take effect.
How to adjust your leverage and margin?
To adjust your leverage and margin, go to the Binance Futures trading platform and select the perpetual contract you want to modify. In the order form, you will see the leverage and margin settings. Simply adjust them to the desired values and click "Place Order."
Important things to keep in mind
* Binance leverage changes updates may affect existing positions opened before the update. * It is strongly advised to adjust your position and leverage prior to the adjustment in order to avoid any potential liquidation. * If you are unsure about how to adjust your leverage and margin, please contact Binance customer support for assistance.
Conclusion
Binance leverage changes updates are made to ensure the stability of the platform and protect users from excessive risk. It is important to review your open positions and adjust your leverage and margin accordingly before the changes take effect.
Is Bitcoin: The Future of Money? Some question you need to know
This article will answer the most popular questions about Bitcoin. Weather you're a beginner or an experienced Bitcoin user, this article has something for you. So read on to learn more about the world's most popular cryptocurrency!Is Bitcoin Traceable?Yes, Bitcoin transactions are traceable. Bitcoin is a public ledger, meaning that all transactions are recorded on the blockchain, which is accessible to everyone. While individual users are not directly identified on the blockchain, their Bitcoin
Cryptocurrency: A Comprehensive Guide for Beginners
IntroductionCryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.Types of CryptocurrencyThere are many different types of cryptocurrency, but some of the most popular include:Bitcoin (BTC)Ethereum (ETH)Tether (USDT)USD Coin (USDC)Binance Coin (BNB)XRPSolana (SOL)Cardano (ADA)Dogecoin (DOGE)Avalanche