Join the #RideTheKaiaWave Campaign and Win Up to $10,000 in KAIA!
We are excited to announce an exclusive campaign sponsored by @Kaia Chain . Kaia is the EVM Layer1 public blockchain integrated with Asia’s largest messengers. Through the Kaia Wave builder support program, Mini Dapps will be able to instantly reach over 200M+ users on LINE messenger. 🗓 Duration: December 16, 2024 (00:00 UTC) – December 23, 2024 (23:59 UTC) 🎁 Rewards: $10,000 in KAIA prize pool for the top 50 posts! How to Participate: Follow @Kaia Chain on Binance Square.Create and post original content on Binance Square with #RideTheKaiaWave . Share your ideas for Mini Dapps you’d love to see on the LINE messenger. Your post must be at least 300 characters long.Share your post on X and tag @Kaia Chain with the hashtag #RideTheKaiaWave. Encourage your followers to engage with your post to increase its visibility and interactions.
Your Post Must Answer at Least One of These Questions: What innovative consumer-facing Mini Dapps ideas you’d like to see on LINE?What unique experiences could Mini Dapps offer in the lives of users on LINE?How can Mini Dapps bring creators and developers communities closer together?
Winner Selection: The top 50 posts based on unique engagement (likes, comments, shares) and minimum impressions per rank will share $10,000 worth of $KAIA: Top 1-10 posts: $400 worth of $KAIA each (Minimum 5,000 impressions required)Top 11-25 posts: $200 worth of $KAIA each (Minimum 3,000 impressions required)Top 26-50 posts: $120 worth of $KAIA each (Minimum 1,000 impressions required) Guidelines: Posts must be submitted by December 23, 2024 (23:59 UTC) to qualify.Content must be original, at least 300 characters, and relevant to Kaia and campaign task.Misusing hashtags, using misleading headlines and leads, or posting irrelevant content will lead to disqualification.Multiple high-quality entries are encouraged for higher chances of winning.Users must have posted at least one piece of content in the last 30 days to participate.Posts must receive at least 5 total engagements (likes, comments, or shares) to qualify for the reward ranking.Posts must meet both engagement and impressions requirements to qualify for the reward ranking.Engagement metrics (likes, comments, shares) combined with impressions will determine ranking.
About KAIA: Kaia is a high performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favourite messenger superapp to connect, create, collaborate, and contribute to the ecosystem. For more information, visit: Website: kaia.ioX: https://x.com/KaiaChain Discord: https://discord.com/KaiaChain Telegram: https://t.me/KaiaChain_EN Facebook: https://www.facebook.com/KaiaChain Medium: https://medium.com/KaiaChain Reddit: https://www.reddit.com/r/KaiaChain/
Terms and Conditions: This campaign may not be available in your region.Only content tagged with #RideTheKaiaWave during the event (including posts and articles) will qualify.Content relevance must be 70% or higher. Misusing tags or posting irrelevant content will lead to disqualification.Users must have posted at least one piece of content in the last 30 days to participate.Only new, original content is eligible. Previously submitted work is not eligible.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 300 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.Rewards in the form of token vouchers will be distributed within 30 working days after the activity ends. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
EOS Locked Products: Enjoy Up to 29.9% APR in Rewards!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Simple Earn is pleased to announce a Locked Products update on EOS (EOS). Complete subscriptions to EOS on Simple Earn Locked Products during the Promotion Period to get up to 29.9%* in APR rewards! Mechanism on EOS Locked Products Promotion Period: The boosted APR is only applicable during the period between 2024-12-05 10:00 (UTC) and 2025-01-05 09:59 (UTC). After the promotion ends, the APR will revert to normal on-chain rates. Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Sponsored Rewards. Refer to the table below and the notes in this announcement for more details.Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.Rewards Distribution: On a daily basis. Offered Products (Locked Products) Digital AssetDurationAPR During the Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserEOS30 days6.9%0.1 EOS1,000,000 EOS60 days14.5%0.1 EOS400,000 EOS90 days20%0.1 EOS400,000 EOS120 days29.9%0.1 EOS200,000 EOS How to Get Started with EOS Locked Products Buy EOS on the Spot Market, or via the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit EOS to their Binance account. Head to [Earn], and search for EOS.Select Duration, and subscribe with EOS to start earning up to 29.9% APR daily! Subscribe Now! Please note: Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn. Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.Unlock period for Locked Products: One day.Locked Products FAQ.For early redemption of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk warning. Please note: The promotional APR offered by Binance is partly furnished through a sponsored partnership with our token partner. This collaboration allows us to provide a competitive and/or boosted APR for our valued Binance users. There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-05
EOS Locked Products: Enjoy Up to 29.9% APR in Rewards!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Simple Earn is pleased to announce a Locked Products update on EOS (EOS). Complete subscriptions to EOS on Simple Earn Locked Products during the Promotion Period to get up to 29.9%* in APR rewards! Mechanism on EOS Locked Products Promotion Period: The boosted APR is only applicable during the period between 2024-12-05 10:00 (UTC) and 2025-01-05 09:59 (UTC). After the promotion ends, the APR will revert to normal on-chain rates. Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Sponsored Rewards. Refer to the table below and the notes in this announcement for more details.Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.Rewards Distribution: On a daily basis. Offered Products (Locked Products) Digital AssetDurationAPR During the Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserEOS30 days6.9%0.1 EOS1,000,000 EOS60 days14.5%0.1 EOS400,000 EOS90 days20%0.1 EOS400,000 EOS120 days29.9%0.1 EOS200,000 EOS How to Get Started with EOS Locked Products Buy EOS on the Spot Market, or via the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit EOS to their Binance account. Head to [Earn], and search for EOS.Select Duration, and subscribe with EOS to start earning up to 29.9% APR daily! Subscribe Now! Please note: Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn. Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.Unlock period for Locked Products: One day.Locked Products FAQ.For early redemption of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk warning. Please note: The promotional APR offered by Binance is partly furnished through a sponsored partnership with our token partner. This collaboration allows us to provide a competitive and/or boosted APR for our valued Binance users. There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-05
BNB Locked Products Year-End Challenge: Share Up to $1 Million in OM and USDC with a Chance to Win a Grand Prize!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Earn is pleased to launch a promotion for BNB Locked Products. Subscribe more BNB, subscribe to longer locked term, subscribe early during the Promotion Period, and turn on Auto-Subscribe function to accrue the highest BNB scores and earn multiple rewards: Share up to $1 million worth of rewards in OM and USDC;Stand a chance to receive $50,000 in USDC token voucher, which is the equivalent worth of a Premium Electric Vehicle and;Earn BNB rewards, as well as Launchpool, Megadrop and HODLer Airdrops rewards with BNB Locked Products positions (where applicable); Promotion Period: 2024-12-24 00:00 (UTC) to 2025-01-12 23:59 (UTC) How to Participate: Click [Register Now] on the activity page.Complete the steps listed under Promotion A and Promotion B. Join the Promotions Now! Promotion A: Subscribe to BNB Locked Products and Maximise BNB Scores to Share 273,000 OM and 50,000 USDC in Rewards Eligible users must complete a subscription of at least 0.5 BNB to BNB Locked Products to qualify to participate in Promotion A. Users can accrue a higher total BNB Score by subscribing more BNB, subscribing to longer locked terms (e.g. 120-day), subscribing as early as possible during the Promotion Period, and turning on the Auto-Subscribe function. Eligible users will then be ranked by their total BNB Scores on the leaderboard for a chance to share rewards, as per the table below.: Reward Structure: Rankings by Total BNB ScoreReward per Eligible User 1st - 10th Places1888 OM + 2000 USDC11th - 20th Places888 OM + 1500 USDC21st - 30th Places488 OM + 1000 USDC31st - 50th Places188 OM + 250 USDC51st - 100th Places88 OM 101st - 500th Places68 OM 501st - 1,500th Places38 OM 1,501st - 5,000th Places28 OM 5,001st - 10,000th Places13.8 OM Reward Calculation: BNB Locked Product Score-Based Mechanism The total BNB score will be calculated as follows: Total BNB Score = BNB Locked Product Subscribed Amount * Locked Term Multiplier * Promotion Period Multiplier * Auto-Subscribe Multiplier Scoring System: BNB Locked Product Subscribed Amount: The total amount of BNB subscribed to the locked products during the Promotion Period. Please note that if any BNB Locked Product position is redeemed during the Promotion Period, the BNB Locked Product Subscribed Amount for that position will be negative, resulting in a deduction in the Total BNB Score. Auto-Subscribed positions that renew during the Promotion Period will be counted towards the Total BNB Score. Any existing BNB Locked Product positions that mature during the Promotion Period while Auto-Subscribe was turned off will not incur any deduction in the Total BNB Score.Locked Term Multiplier: A multiplier based on the duration of the locked product term (e.g. 120-day). Longer terms will have higher multipliers. Duration of Locked Product Term Multiplier120-day BNB Locked Product2x90-day BNB Locked Product1.5x60-day BNB Locked Product1.25x30-day BNB Locked Product1x15-day BNB Locked Product0.5x Promotion Period Multiplier: A multiplier based on the number of days till the last day of Promotion when the subscription or redemption happens. The Promotion lasts for 20 days from 2024-12-24 00:00 (UTC) to 2025-01-12 23:59 (UTC). Longer subscription periods will have higher multipliers. If you redeem a BNB Locked Product position early, it may be counted negatively based on how early you redeem it, leading to a penalty and a deduction in the Total BNB Score. Auto-Subscribe Multiplier: Auto-Subscribe refers to the BNB Locked Products Auto-Subscribe function. Users can refer to this FAQ for more information on how-to turn on the “Auto-Subscribe” function. By 2025-01-12 23:59 (UTC), users who have turned on the Auto-Subscribe function will receive a 1x Multiplier, while users who have not turned on the Auto-Subscribe function will receive a 0.5x Multiplier. Early redemption for all positions regardless Auto-Subscribe is turned on during the Promotion Period will still be calculated as 1x Multiplier. Total BNB Score Calculation Examples: User AUser BUser CUser DActionsSubscribed 10 BNB to a 90-day Locked Product on 2024-12-25.Turn on the Auto-Subscribe function.Redeemed 100 BNB from a 120-day Locked Product on 2024-12-26 which was subscribed previously before the Promotion was announced. Subscribed an additional 500 BNB to a 90-day Locked Product on 2024-12-26.Turn on Auto-Subscribe function.Subscribed 10 BNB to a 30-day Locked Product on 2024-12-25.Subscribed an additional 500 BNB to a 120-day Locked Product on 2025-01-09.Turn on Auto-Subscribe function for 30-day Locked Product positions.Did not turn on Auto-Subscribe function for 120-day Locked Product positions.Subscribed 100 BNB to a 60-day Locked Product on 2024-12-28.Redeem 50 BNB 60-day Locked Product on 2025-01-08.Auto-Subscribe function was turned on for both the positionsBNB Locked Product Subscribed Amount20-100(Penalty due to redemption)50010500100-50(Penalty due to redemption)Locked Term Multiplier1.5x2x1.5x1x2x1.25x1.25xPromotion Period Multiplier19x18x18x19x4x20x5xAuto-Subscribe Multiplier1x1x1x1x0.5x(Auto-Subscription function turned off)1x1xCalculation10 * 1.5 * 19 * 1 = 285(-100 * 2 * 18 * 1) + (500* 1.5 * 18 * 1) = 9,900(10 * 1 * 19 * 1) + (500 * 2 * 4 * 0.5) = 2,190(100 * 1.25 * 20 * 1) + (-50 * 1.25 * 5 * 1) = 2,187.5Total BNB Score285 BNB Score9,900 BNB Score2,190 BNB Score2,187.5 BNB Score Promotion B: Subscribe to BNB Locked Products for a Chance to Win $50,000 in USDC Token Voucher (Worth a Premium Electric Vehicle) Eligible users who subscribe to BNB Locked Products and maintain at least 3 BNB with Auto-Subscribe function turned on by 2025-01-12 23:59 (UTC) can qualify to participate in Promotion B. At 2025-01-14 23:59 (UTC), we will use the BNB Smart Chain hash value to automatically select one eligible user with the most number of consecutive numerical digits in their UID to be the winner. The selected winner will receive $50,000 in USDC token voucher, which is the same value as a Premium Electric Vehicle. About MANTRA (OM) OM is the native coin of MANTRA, a purpose-built Layer 1 blockchain for tokenized real-world assets. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability. The OM coin serves multiple key purposes in the MANTRA ecosystem, including network security through staking, protocol governance, fee payment for transactions and as incentives to encourage user participation and network growth. About Simple Earn BNB Locked Products: Simple Earn Locked Products allows users to earn higher daily rewards by depositing their digital assets for different locked terms.Users may subscribe to BNB Locked Products using their BNB assets at any time to earn the following rewards:Launchpool Rewards (where applicable)BNB Rewards (Refer to the latest APR)Megadrop Rewards (where applicable)HODLer Airdrops (where applicable) Only users in qualified countries/regions will automatically receive Megadrop, HODLer Airdrops and/or Launchpool rewards for holding BNB Locked Products positions. Users are not required to manually redeem their BNB assets from BNB Locked Products to participate in Launchpools. Rewards calculation for Launchpools is the same, regardless of whether users subscribe to BNB Locked Products or stake their BNB directly in Launchpools. When there are multiple Launchpool projects running concurrently, users’ BNB assets in Locked Products will automatically be equally allocated to each Launchpool project the user is eligible for. Read more: Frequently Asked Questions on Megadrop and BNB Locked Products, Binance Extends Launchpool Rewards to Users with BNB Locked Products Positions. Terms & Conditions: Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards in the Promotions. Users may also view the FAQs on Simple Earn Locked Products for more information.Each sub-account will not be viewed as an independent account when participating in this Promotion. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.The rewards of this campaign are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.Rewards Distribution:OM and USDC token rewards will be airdropped to eligible users by 2025-02-20 23:59 (UTC), unless otherwise advised by Binance. Users may find their rewards via Profile > Assets > Spot Wallet. The rewards transaction can be checked in Wallet > Transaction History > Spot > Distribution. Binance uses the exchange rate of OM/USD at ~$3.48 on 2024-12-10 to calculate the total rewards in USD.Binance will use $50,000 as the general market estimate of a Premium Electric Vehicle, as determined on 2024-12-10, and then reward the selected user with an equivalent amount in USDC token voucher. The reward does not include taxes, shipping fees, or any other additional fees.The $50,000 token (Premium Electric Vehicle equivalent) winner will be announced on social media with a masked UID on 2025-01-31, and rewards will be distributed in the form of USDC token voucher.Token vouchers are subject to additional terms and conditions. All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Learn how to redeem a token voucher. Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Users can view their assets on Simple Earn Locked Products by going to Wallets > Earn.Users may enable the “Auto-Subscribe” function before completing subscriptions to Simple Earn BNB Locked Products, this function will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry. Unlock period for Locked Products: One day.About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards (accrued or otherwise) will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.Additional promotion terms and conditions can be accessed here.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2024-12-24
Main TakeawaysBinance’s Web3 Wallet is a self-custody wallet where users have ultimate ownership of their assets and private keys. This contrasts with custodial wallets where a third party has control, and the user has to trust that centralized service.The Binance Web3 Wallet uses MPC tech, dividing access into three key shares stored in different locations, and providing robust security without the traditional seed phrase. The wallet cannot be accessed with a single key-share. Two are always held by the user.To emphasize user control and a commitment to self-custody, the Binance Web3 Wallet also offers an “Emergency Export” function allowing users to export their private keys. Binance's Web3 Wallet offers a revolutionary approach to self-custody, blending multi-party computation technology with user empowerment, ensuring true ownership of crypto assets.When it comes to managing your crypto assets, the type of wallet you choose plays a crucial role in ensuring the safety of your funds. Among the various options available, the concept of self-custody wallets stands out due to the fact they give users complete control over their own assets. Still new to all this? Let’s break down the difference between self-custody and custodial services as your starting point. Understanding Crypto Wallets and Private KeysSelf-Custody (Non-Custodial) Wallet: In a self-custody wallet, the user has possession of the private keys and thus total control over the funds. The user is fully responsible for managing and keeping their keys secure. If the keys get lost or stolen, they cannot be recovered by anyone else, and the funds would be irretrievably lost. Custodial Wallet: In a custodial wallet, a third party (like a cryptocurrency exchange or a managed wallet service) has control of the private keys. This means they’re in control of the funds stored in the wallet. Users rely on the service provider to secure funds and may be able to recover funds if access data such as passwords are lost. However, the downside is that their funds can be frozen or stolen if the third party is hacked, goes out of business, or if they choose to freeze your assets for whatever reason.Private Keys: Both of the above explanations assume you know what a private key is. In crypto, a private key is a secret, alphanumeric password used to spend or send your digital assets to another address. It’s this unique and secret key that gives you access to your crypto, just like how a physical key allows you to unlock and access your home.Having a private key is essentially what defines your ownership over your digital coins. If someone else has your private key, they can easily transfer your coins without your consent. Hence, it’s critical to keep your private keys secure and confidential.Private keys are long, complex, and hard to memorize, and if you lose them, you lose access to your digital assets permanently. Generally, wallets don’t provide direct access to private keys for security reasons. Instead, they provide you with a “seed phrase” — a set list of 12-24 words that work as a recoverable and human-readable backup to restore and protect your private keys for accessing your cryptocurrencies.Binance Web3 Wallet: Embracing Self-CustodyWith Binance Web3 Wallet, you're the true owner of your assets. It empowers you with a self-custody model, ensuring only you have exclusive access to your funds, and are fully in control of your assets. One of the most important things to realize about the Binance Web3 Wallet is that it utilizes multi-party computation (MPC) technology. Put simply, this means you can enjoy a self-custody wallet experience without the need for remembering a seed phrase, but still have full, unrestricted control of your own assets.How does this tech work? Dive into our MPC blog for more. But in terms of self-custody the thing to remember is that Binance Web3 Wallet is secured by three key-shares and a recovery password solely known to the user. These key-shares are generated when you create the wallet and stored in different locations for added security:Share 1: Secured by Binance;Share 2: Stored on your device; Share 3: Encrypted by the recovery password you entered, and backed up to your personal cloud storage (iCloud or Google Drive). To access your Web3 Wallet, you must have at least two wallet key-shares. Binance only holds one key-share. There is absolutely no way for Binance to access your wallet without you. But what it does mean is that if you lose your device (and the key share on it), you can restore your Web3 Wallet and its assets thanks to the key share backed up to your personal cloud storage combined with the key share secured by Binance.However, please note that you, and only you, have access to two of the three key shares, and so are also ultimately responsible for safeguarding your wallet’s assets and access. If you forget your recovery password/lose access to your cloud storage AND lose your device/delete the Binance app, you won’t be able to access your Web3 Wallet and Binance will not be able to restore it for you. There’s no centralized service here that can reset your password or recover any key shares you were looking after. This is a self-custody wallet! Exporting Your Keys: A Testament to Self-CustodyA quintessential hallmark of self-custody is the ability to export one’s private keys. With Binance Web3 Wallet, users are not only in full control of their assets, but also have the option to export their private keys should they wish to migrate elsewhere.Traditional wallets often rely on seed phrases — mnemonic phrases designed to restore access to all of a user’s keys. In contrast, the Binance Web3 Wallet utilizes Multi-Party Computation (MPC) to foster enhanced security. In this setup, private key-shares are split and stored across locations, negating the need for a seed phrase.Enter the “Emergency Export” function. This feature is designed to provide users with a way to immediately export their private keys should they wish, and for any reason. It’s a testament to Binance’s commitment that Web3 Wallet users always retain control. However, please note that once the “Emergency Export” function is activated and private keys are exported, the Web3 Wallet becomes inaccessible. It’s a definitive move — a nod to the wallet’s unwavering dedication to the ethos of self-custody.Addressing concerns over app accessWe recognise that as the Web3 Wallet is intertwined with the Binance app’s user interface (UI), some users may worry that in unprecedented scenarios where access to the Binance app might be obstructed, the inability to then interact with the UI, and by extension their Web3 Wallet, could effectively render their self-custody void. As a result, we’re currently working on ensuring the “Emergency Export” function will always be available — independent of the Binance app’s status. At the core of self-custody lies one undeniable truth: the possession of private keys, and that’s what we’re committed to always delivering on for Binance Web3 Wallet users.Final ThoughtsThe concept of self-custody, as illustrated by Binance’s Web3 Wallet, represents the very essence of blockchain and crypto ideals — absolute control and ownership of your own assets. Recognising the importance of private keys, and the crucial role they play in securing digital assets, Binance’s Web3 Wallet offers a unique and innovative approach to self-custody through the use of multi-party computation (MPC) tech. The incorporation of features such as the “Emergency Export” function underpins Binance’s commitment to user autonomy and control. While it’s important to recognize the inherent responsibilities that come with managing your own assets, Binance is taking steps to address potential concerns and streamline the entire user experience.This combination of innovation, security, and user empowerment marks a significant step forward in the evolution of cryptocurrency wallets. Web3 is easier with Binance.Further ReadingWhat Is Binance Web3 Wallet and How Does It Work?How to Manage My Binance Web3 WalletWhy Do I Need to Backup My Binance Web3 Wallet and How to Do It?Disclaimer: Binance Web3 Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Web3 Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Web3 Wallet Terms of Use and always do your own research.
💹 TRX/USDT Technical Analysis: Ready for a Breakout or a Pullback? 🚀
TRX/USDT is currently trading at $0.3340, with traders closely watching for signs of the next major move. Here's a breakdown of the key levels and strategies to guide your trading decisions:
📊 Support & Resistance Levels:
Resistance: Immediate resistance is at $0.3400, a key level that has previously capped upward momentum. A breakout above this could push TRX towards $0.3500 and potentially $0.3600.
Support: Strong support is holding at $0.3250. A break below this level could lead to further downside toward $0.3150.
⚡ Trading Strategy: 1️⃣ For Long Positions: Look for a confirmed breakout above $0.3400 with increasing volume. Set targets at $0.3500 and $0.3600, with a stop-loss near $0.3250. 2️⃣ For Short Positions: A rejection at $0.3400 or a breakdown below $0.3250 could present shorting opportunities. Target $0.3150, with a stop-loss above $0.3350.
💡 Momentum Watch: RSI and MACD can provide insight into whether the current trend is strengthening or weakening. Look for volume spikes as confirmation for any breakout or reversal.
📈 Will TRX break resistance and continue its bullish move, or will a pullback take hold? Stay sharp, manage your risk, and trade with a plan! 🔥
Trader Earns $1.18 Million From TRX Transactions Over One Year
According to Odaily, a trader has successfully earned $1.18 million within a year through strategic transactions involving TRX. The Data Nerd's monitoring reveals that the trader executed several profitable trades over this period.
In the previous year, the trader accumulated 10 million TRX, valued at $1.03 million. Seven months later, the entire amount was sold for $1.37 million, resulting in a profit of approximately $335,000. This transaction marked a significant gain for the trader, showcasing the potential of strategic timing in cryptocurrency trading.
Last month, the trader purchased another 10 million TRX for $1.64 million. The entire holding was sold the following week for $1.88 million, yielding a profit of around $240,000. This transaction further highlights the trader's ability to capitalize on market movements effectively.
Just last week, the trader acquired 6 million TRX at a cost of $1.25 million. In a swift move, the entire amount was sold 30 minutes ago for $1.86 million, securing a profit of approximately $610,000. This rapid transaction underscores the trader's adeptness in navigating the volatile cryptocurrency market to achieve substantial returns.
$BTTC currently trades at $0.000002 with a market cap of $1.56B. It has seen a 7.98% decrease in the last 24 hours. While it's a volatile asset, long-term potential exists due to BitTorrent's growing user base and blockchain integration.
Today Earn $5 on binance without spending Just Follow given step💵👇
If you’re a newcomer to Binance, here’s some fantastic news: you can earn to $5 every day without spending a single penny. 🚀 This is a golden opportunity to step into the world of crypto and start generating consistent income without risking your hard-earned money. As the leading cryptocurrency exchange, Binance offers various features to help even beginners succeed. Ways to Earn on Binance: 1. Content Creation Binance encourages users to share valuable insights and knowledge. By creating and sharing content, you can engage with the community and earn rewards. 2. Creator Academy Enhance your understanding of cryptocurrencies by participating in educational programs. Completing tasks in the Creator Academy can help you gain crypto incentives. 3. Data Center Contribute to the Binance ecosystem by engaging with data-related projects and earn small rewards in return. 4. Tips Binance allows users to tip others for valuable content or services, which creates an opportunity for mutual earning within the platform. 5. Write to Earn Writing insightful articles, blogs, or reviews related to crypto and Binance activities can help you secure additional earnings. 6. Check-in Bonuses A simple yet effective way to earn daily. By checking in regularly on the Binance app, you can accumulate rewards over time. 7. Giveaways Participate in frequent giveaways hosted by Binance to grab additional earning opportunities. Keep an eye on their announcements for upcoming events. 8. Bookmarked and Liked Engage with the community by bookmarking and liking content, which sometimes contributes to earning tokens. Why Use Binance for Earning? Binance not only provides a secure trading environment but also encourages user participation with its innovative earning features. These methods are perfect for users looking for passive income or exploring crypto opportunities without heavy investments. Getting Started To maximize your earnings: Stay active on the platform. Participate in educational programs and community events. Regularly check the “Tips,” “Check-in,” and “Giveaway” sections for opportunities. Conclusion Earning on Binance is simple, efficient, and designed for everyone. By leveraging the features above, you can steadily grow your crypto wallet while learning more about the world of digital currencies. #BinanceEarnings #CryptoIncome #PassiveIncome #CryptoTips #DailyEarnings