#MyCOSTrade What is the purpose of this currency? #COS/USDT COS is the native token of "Contentos", a blockchain designed for the creation and distribution of digital content, especially focused on social networks, entertainment, and decentralized applications (DApps). 1. Purpose of Contentos (COS) - Decentralized content ecosystem: Contentos aims to democratize the creation and monetization of content, removing intermediaries like centralized platforms (YouTube, Facebook, etc.). - Incentives for creators: Users can earn COS by producing, consuming, or sharing content. - High speed and low cost: The network uses a consensus mechanism "DPoS" (Delegated Proof-of-Stake) to achieve fast and scalable transactions. Thank you for your time and I hope this information is useful to you. Best regards.
#Binance collaborates to ensure that merchants conducting P2P operations specifically in VES (Venezuelan Currency) do not transact with dollars at the parallel market rate. This is according to an announcement published in the press. Particularly, I hope this is true because the difference between the official rate and the parallel dollar is around 30 VES for each dollar, and the Venezuelan who wishes to buy a fiat currency like #USDT within Binance must then invest more than what is legally required. If someone wants to start with little money, upon converting to acquire the #USDT , they will realize that most merchants sell at the value of the parallel dollar and even much higher. This affects both the Venezuelan and the platform, as it shows that there is no regulation in this regard, which drives away small merchants who see an investment opportunity in Binance. Please do not give a political tint to this comment.
What are DEX and CEX? CEX (Centralized Exchange): These are cryptocurrency trading platforms managed by a centralized company. Examples: Binance, Coinbase, Kraken. DEX (Decentralized Exchange): These are platforms without intermediaries, where transactions are executed through smart contracts on blockchains. Examples: Uniswap, PancakeSwap, dYdX. What are the pros and cons of CEX compared to DEX?: - Custody: CEX: The exchange holds your funds (risk of hacks). DEX: You have full control of your funds (self-custody). - Privacy: CEX: Requires KYC (identification). DEX: Does not require KYC (anonymity). - Liquidity: CEX: High (deep markets). DEX: Depends on liquidity providers (pools). - Fees: CEX: Trading and withdrawal fees. DEX: Gas fees (network costs on Ethereum, BSC, etc.). - Leverage: CEX: Offers margin and futures. Some DEX have futures (e.g., dYdX). - Speed: CEX: Fast transactions (off the blockchain). DEX: Slower (depends on network congestion). | - Listed tokens: CEX: Limited (requires approval). DEX: Anyone can list a token (risk of scams). - Support: CEX: Customer support. DEX: No support (everything is self-managed). I personally use both types, but I lean more towards CEX, I believe they have more advantages than DEX. #Binance has evolved and improved every day, and you can see this in the creation of the new functionality of #Tradingenvivo What to consider when choosing between a CEX and a DEX? If you prefer self-custody, choose DEX. If you trust a regulated company, use CEX. If you do not want KYC, DEX is the best option. For high-volume trading, CEX is usually better. If you want leverage, CEX is more common. DEX can be more complex for beginners. · Any advice for someone using a DEX for the first time? Use a secure wallet. Start with a small amount of money. Check the fees (gas fees). Learn about slippage. Avoid phishing scams #CEXvsDEX101
The key differences between spot cryptocurrency trading, margin trading, and futures trading are as follows: 1. Spot Trading: Direct buying and selling of cryptocurrencies with immediate delivery. No leverage. You own the assets. Settlement is done at the current market price. The risk is limited to the invested capital. *Example*: You buy 1 BTC at $100,000 and sell it at $105,000, making $5,000. 2. Margin Trading: Trading with borrowed funds (leverage) to increase exposure. Uses leverage (e.g. 2x, 5x, 10x). You can trade with more capital than you have, but with the risk of liquidation. If the market goes against you, you can lose more than your initial investment. The risk is high due to leverage. *Example*: With 10x leverage, you invest $1,000 but control $10,000 in position. 3. Futures Trading: Contracts to buy/sell an asset at a fixed price on a future date. High leverage (can be 50x, 100x or more). You do not own the asset, you only speculate on its price. Settlement can occur before expiration if the market moves against you. Types: Perpetual Futures. Futures with Expiration. The risk is very high due to high leverage. Example: You open a BTC futures contract at $100,000 with 20x leverage. If BTC rises to $101,000, you gain 20x more.
In Conclusion: - Spot: Ideal for beginners to buy and hold (HODL). - Margin: For traders looking to maximize profits, but also includes risks of losses. - Futures: For advanced speculation or hedging with high risk.
Important: Before investing using any of these methods, do your own research (DYOR) and once you are sure proceed with caution. #TradingTypes101 #Binance #squarecreator
For all those who embarked on the journey of $TRUMP and now regret or have doubts about whether to hold or sell, it is important to stay updated with news related to the topic. As of today, this token is held by around 780 thousand holders, of which the top 100 hold 95.5% of the tokens, and of these, 80% is in the hands of a single person.... It is important to do your own research before investing in any coin and to avoid getting carried away by FOMO. I regret not having invested when it was listed at #Binance , and before buying at 70 dollars, I did my respective research, and since I am still a novice, I did not want to take the risk, so to those who took the risk, I congratulate you and hope you make profits. Thank you for getting this far.
The first hybrid blockchain: this cryptocurrency at $0.14 competes with popular cryptocurrencies like Cardano and Sui. The layer 1 hybrid blockchain of DTX Exchange combines the best of traditional finance (TradFi) and decentralized finance (DeFi), allowing it to compete with Sui Blockchain and Cardano (ADA) as the leading layer 1 protocol. Recently, the hybrid blockchain has attracted the attention of many investors. DTX Exchange is a unique platform powered by VulcanX, a layer 1 hybrid blockchain that bridges traditional and decentralized finance, being an all-in-one platform that allows you to easily manage stocks, ETFs, currencies, commodities, and cryptocurrencies from a single Phoenix wallet. The innovative nature of this blockchain model aims to address certain difficulties in the industry, such as lack of access to international markets, financial marginalization, and interoperability between TradFi and DeFi. While DTX offers wallet and custodial-free storage operations, it provides users with a unique level of security and control by directly managing all assets and token operations. Notably, the price of the DTX token is only $0.14, making it an affordable option for retail investors. The seventh presale raised over $11 million, and investors showed great confidence in the DTX exchange. The platform is positioning itself as one of the most promising blockchain projects of this year, and analysts predict a growth potential of up to 50 times after launch.
#moonbix Man has already "gone to the Moon." Now it's time for others to get there too, and what better way to do it than traveling on a powerful Rocket loaded with great surprises, prizes and lots of money. Don't miss the opportunity to join this great adventure and at the end of the trip have great rewards while having fun. Visit the link and play. #Binance #DOGS #TON
Farm the $grass token before being listed on binance. You still have time.
I present to you grass, the world's first layer two (02) data collector, whose token will soon be listed on binance.
Data is obtained from public websites through a vast network of nodes. This data is used as a source of AI training data. These nodes are operated voluntarily by residential Internet users, and users are rewarded for their participation.
How are users rewarded?
Through $grass Points
How to earn Points with Grass: in two main ways:
1.- Through Referrals.
2.- Through the use of the extension.
Top Referrals: Every time your referral link results in a successful download, your Grass Points will increase by 20%.
Secondary Referrals: When someone you invited shares their invitation, your points will increase by 10%.
Tertiary referrals: When someone within the second level of your referral network shares an invitation, your points will increase by 5%.
Referral Bonuses: New referrals will receive a 5,000 point bonus upon reaching 100 hours of uptime.
New referrals will receive a bonus 2,500 points when your referral reaches 100 hours of activity time.
Here I leave my referral link for your registration in the grass Airdrop:
Once you accumulate 10,000 points you can carry out the exchange process through the website:
https://whales.market
I leave you the cryptomind link where it explains all this procedure: https://youtu.be/de96_3W0TVo?si=aRzTeM01537xLrK1
Disclaimer: I am not a financial advisor. He Content provided is for informational purposes only, please do your own research before making any investment. Act responsibly and intelligently when investing your money.
Discover the innovative Over Protocol, a cutting-edge Layer 1 protocol that recently secured an impressive $8 million in funding.
Get into the excitement with a confirmed airdrop opportunity.
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*IMPORTANT* Email verification is necessary to avoid any issues later – a crucial step to ensure you don't miss out on this opportunity!
I invite you to be part of the success of Over Protocol and accumulate valuable points. Do not miss this opportunity!
🛑 Disclaimer: This content is not a paid advertisement and is not intended to influence or endorse investment decisions. Prioritize thorough research and informed decisions based on your analyzes before exploring any investment opportunities.