Peace be upon you. We will present to you a series of introductions to digital currencies.
Today we start with the BNB currency.
What is the Binance Coin currency?
The Binance Coin currency - abbreviated as BNB currency - is a digital cryptocurrency developed by the largest digital currency exchange in the world, Binance. It was first issued in 2017 through an initial public offering (ICO) carried out by Binance; during this offering, 100 million coins were sold at a value of $ 0.10. Starting from the second year directly, the currency began to grow and gain more attention. The highest price that the currency has recorded since its launch until today has exceeded $ 700.
One of the reasons for the great popularity and rapid spread of the currency is that the Binance Token was very innovative, as users who bought the token and used it as a means of paying transaction fees were rewarded with a 50% discount. Most users would take advantage of the tokens to buy more Bitcoin, or other cryptocurrencies, all of which contributed to the increased demand for the then-promising coin.
The excellent management of the exchange platform helped it attract millions of users. The coin exchange space was very competitive, and Binance managed to rise to become one of the top 3 companies in the market. On most days, it is the largest exchange worldwide in terms of trading volume.
Types of Japanese candlesticks in technical analysis
1. Single candles: Hammer: Indicates an upward reversal at the end of a downtrend. Hanging Man: Indicates a bearish reversal at the end of an uptrend. Shooting Star: Indicates a bearish reversal after an uptrend. Inverted Hammer: Indicates an upward reversal after a downtrend. 2. Binary candles: Bullish Engulfing: Reflects a bullish reversal when a bullish candle engulfs the previous bearish candle.
Advice and warning to my brothers on the Binance platform
My brothers and sisters, I warn you against people who sell illusions and false promises about easy money and quick profits. Do not listen to their words, but learn for yourselves and seek what is permissible in all your dealings.
Remember that ill-gotten money will not enrich you on the Day of Judgment, and this world is fleeting, and you will not take anything from it. God Almighty said:
Massive Funds Flood Crypto Market Bitcoin exchange-traded funds in the United States have seen massive inflows of more than $10 billion since Donald Trump was elected president. This momentum reflects optimism about his potential support for the cryptocurrency market and expectations of a major boom in the sector.
A group of Amazon (NASDAQ:AMZN) shareholders are pressuring the company to allocate at least 5% of its assets to bitcoin, with a proposal co-authored by Tim Kotzman to add bitcoin to Amazon’s treasury as a hedge against inflation and asset diversification strategy. This proposal follows similar moves by Microsoft (NASDAQ:MSFT) shareholders.
Automated Investing on Binance What is Automated Investing? Automated investing allows you to automate your cryptocurrency investment process and grow your cryptocurrency holdings. It follows the Dollar Cost Averaging (DCA) strategy. You can choose the cryptocurrencies you want to buy on a regular basis
Binance Auto Subscription You can activate auto subscription for locked products through the subscription pop-up or from your Earn Wallet. Simply check the [Auto Subscription] checkbox next to the product. Rewards for the new period will start accruing on the renewal day, and will be distributed to your Spot Wallet from the next day onwards.
XVG coin is at an RSI level of 49 as its price reached 0.015. Will we witness another decline or will it be support for the price and a return to rise again?
How to Turn $10 to $1000 on Binance in Just 3 Days: A Beginner's Guide to Risk-Free Success ✅️
The cryptocurrency market is a world of endless possibilities, where fortunes can be made in the blink of an eye. For beginners, the magic of turning a modest $10 investment into a staggering $1,000 in just three days may seem like a fantasy, but with the right strategies, tools, and mindset, it’s not out of reach. This guide is designed to help you navigate Binance—the world’s largest cryptocurrency exchange—and unlock your potential for exponential growth. Let’s get started!
Good morning. This tweet is brought to you by the analyst who guides us through market fluctuations, and it contains an apology and advice. Dear followers, The current market situation is critical due to the recent decline of $BTC , which affected many currencies. I understand that some of you have suffered losses during this period, and I truly sympathize with you. But do not worry - I promise that we will recover all your losses in the coming days! Always remember how much profit you have made by following my predictions in the past. My analysis has a 99% success rate, but sometimes, unexpected movements of $BTC can change the entire market. When $BTC is in an uptrend, you can trust my predictions without hesitation. However, when BTC is in a downtrend, it is imperative to follow my guidance carefully - pay close attention to the entry points, exit strategies, and stop loss levels that I provide to protect your trades. I am deeply sorry for the recent challenges, but together, we will come back stronger. Your trust means a lot to me, and I am committed to helping you navigate these volatile times. Be confident, be patient, and remember that losses are part of the long-term journey to trading success. We will bounce back soon! Thank you for your continued support and trust.
Brother, will the Solana currency go back up during these days?
LIVE
AhMeDFaTHi
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To every brother and sister who follows 🩵
I write these words to you from the heart, thanking you for your trust and continuous follow-up. I know that with each new follower, the responsibility increases, and that is why I want to be honest and clear with you.
I verify the accuracy of all the news I share about digital currencies and make sure it is 100% correct. This is a commitment that I consider a trust before God and before you. As for the recommendations, I would like to clarify that most of them are taken from paid groups that I share with you out of love and brotherhood, hoping that God will benefit those who need them.
May God bear witness to the sincerity of my intentions that I do not want anything in return, and may He guide me and you to what is always good. I love you and I ask God to grant me and you success. ..... . $XRP $SOL $BTC
Thank you for the explanation. Please provide an illustrative example of a currency, for example, XRP.
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Maryam_star123
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Support and resistance points
### **How to know the support and resistance points:**
#### **1. Definition of support and resistance:** - **Support:** The price level at which the decline is expected to stop due to increased demand. **Resistance:** The price level at which the rise is expected to stop due to increased supply.
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### **Methods of determining support and resistance points:**