According to Binance itself, #BNB🔥 is the native token of BNB Chain, the decentralized ecosystem of Binance.
One of the main advantages of BNB is that it offers significant discounts on trading fees for Binance users – a 25% discount on spot/margin trading fees and a 10% discount on futures trading fees.
Price Predictions $BNB End of 2024: If BNB continues to attract more users, it could potentially surpass the $700 mark by the end of 2024.
End of 2025: BNB value is inextricably linked to the growth of the exchange #Binance , which will promote further innovation in the cryptocurrency market. For this reason, BNB could be valued at $1,100 by the end of 2025.
End of 2030: Finally, the price of the cryptocurrency BNB could reach $2,500 by the end of 2030.
Given Binance’s huge market share, many now believe that $BNB is the best cryptocurrency to buy due to its long-term potential.
For beginners who want to earn on #Binance , but have no experience in trading and are afraid of losing trades.
I can recommend passive earnings on #Earn with coin #BNB . By staking bnb, in addition to interest (from your "deposit", you will automatically become a participant in all #lanchpool and most #AirDrops from the exchange. Thus, you will receive new coins that you can either sell or leave in your investment portfolio to sell when the price increases x-fold.
In December, a lot of activity from various projects is expected (and usually happens), so right now this strategy brings maximum profit.
A few days ago, we earned 2-3% of our capital in bnb in just 1 day on the last airdrop of new coins (on cats and penguins :)).
Background information: Binance Coin (BNB) is the native cryptocurrency of the giant among cryptocurrency exchanges - Binance. The coin was released during the Binance ICO for BNB in July 2017 and serves many useful purposes on the Binance exchange. $BNB
I can't tell you about the future, but can give you information about the past, which might impact your future.
I remember buying my first $BNB at a price of 10$, then 4 for 20$ each. The Binance card was announced so I checked it out. The first thing I realized is that I would need 10 BNB to get a better Cashback rating. So I bought another 5 BNB at 50$ . Just a few days later, BNB ramped up to 100$. People probably had to move money to buy. But I always hold some money ready for an opportunity.
I sold 2 BNB for 1500$. I paid 360$ for 10 BNB.
Long Term, small amounts in Spot will bring you forward slowly. Short Term, small amounts in leverage will either bring you fast forward or end you, before you even started.
My advice for beginners: Create a Mixture of long term spot investments and short term leverage trades (if you are ready for trading and willing to take a loss). Forget about your long term investments, just put some more money in some times, as if you water a 🌵.
Disclaimer: I don't encourage leverage trading. But I know it is a good tool for increasing your portfolio fast. You should always make sure to reduce your Risks in leverage early on. Also wouldn't put all my money in there. I never been in leverage with more than 5% of my total Portfolio, since leverage can reset you unbelievable fast. Set stop losses when doing this as well.
When leverage trading, make sure to take a profit, put some of that profit in cash reserve(I do 50% profit to cash reserve), reinvest some of it into spot (I do 20% of it) , and find a new trade (Use your initial investment + 25% of your profits to get more trades, you need a Bankroll to continue even if you lose some trades).
'What about the remaining 5%?' hear you asking. Take that and invest it in yourself, buy your mother flowers, improve something that you know you can improve and that you want to improve. But use it to improve your life and the life of your loved ones .
How to earn $7–$100 daily on Binance without spending Earn a stable daily income in cryptocurrency
How to earn $7–$100 daily on Binance without spending Earning a steady daily income in cryptocurrency without any prior investment is not only possible, but also very affordable through Binance, one of the most trusted platforms in the crypto industry. With a variety of tools and programs, Binance allows users to build their portfolios for free. Here is a step-by-step guide that will help you earn $7–$100 per day, completely risk-free.
Will the altcoin season begin without a market crash? Very unlikely! Here's the harsh truth 🧠 Crypto
Will the altcoin season start without a market crash? Very unlikely! Here's the harsh truth 🧠 The crypto market is a well-tuned machine controlled by whales and institutional players who manipulate prices to make huge profits — often at the expense of retail investors. To succeed in this volatile environment, you must understand their strategies and learn to adapt. Let’s uncover the mechanisms of market manipulation and how you can stay one step ahead.
I can't tell you about the future, but can give you information about the past, which might impact your future.
I remember buying my first $BNB at a price of 10$, then 4 for 20$ each. The Binance card was announced so I checked it out. The first thing I realized is that I would need 10 BNB to get a better Cashback rating. So I bought another 5 BNB at 50$ . Just a few days later, BNB ramped up to 100$. People probably had to move money to buy. But I always hold some money ready for an opportunity.
I sold 2 BNB for 1500$. I paid 360$ for 10 BNB.
Long Term, small amounts in Spot will bring you forward slowly. Short Term, small amounts in leverage will either bring you fast forward or end you, before you even started.
My advice for beginners: Create a Mixture of long term spot investments and short term leverage trades (if you are ready for trading and willing to take a loss). Forget about your long term investments, just put some more money in some times, as if you water a 🌵.
Disclaimer: I don't encourage leverage trading. But I know it is a good tool for increasing your portfolio fast. You should always make sure to reduce your Risks in leverage early on. Also wouldn't put all my money in there. I never been in leverage with more than 5% of my total Portfolio, since leverage can reset you unbelievable fast. Set stop losses when doing this as well.
When leverage trading, make sure to take a profit, put some of that profit in cash reserve(I do 50% profit to cash reserve), reinvest some of it into spot (I do 20% of it) , and find a new trade (Use your initial investment + 25% of your profits to get more trades, you need a Bankroll to continue even if you lose some trades).
'What about the remaining 5%?' hear you asking. Take that and invest it in yourself, buy your mother flowers, improve something that you know you can improve and that you want to improve. But use it to improve your life and the life of your loved ones .
$USUAL is the first token that allowed by Binance to be listed to give chanse to its users to be an early investor in the crypto industry. I guess you all people missing the big picture here. Normally to be an early investor you need to be either already very rich, connected or extremely lucky to buy a coin before it explodes.
But here Binance giving us, small traders a chanse to be an early investor to a crypto token before it get listed everywhere without 40K cap.
Do you understand how lucky you are if you are able to buy such a token before it's launch? 🤯 A token already listed on Binance and stay in Pre-Market for a month and got quarter billion volume despite all restrictions. Wow!
I am not trying to create fomo but when i read some comments about this token, i do not think these people know what they are doing or seeing how big this is. I am just trying to open your eyes guys.
🚨 Think your crypto transactions are untraceable? Think again.
A Bitcoin investor was recently sentenced to 2 years in prison for hiding over $4M in Bitcoin sales, causing a $1M tax loss for the IRS.
Here's what happened, why it matters, and how to stay compliant:
1/ What Happened: The investor sold large amounts of Bitcoin and intentionally failed to report the earnings, avoiding taxes on over $4 million in sales. This led to an estimated $1 million tax loss for the IRS.
2/ Why It Matters: The IRS is tightening its scrutiny on cryptocurrency transactions. With blockchain technology being transparent and traceable, unreported crypto income is increasingly difficult to hide. The case highlights the legal risks of tax evasion.
3/ How to Stay Compliant:
Report All Crypto Gains/Losses: Ensure you report all cryptocurrency sales, even if not directly converted into fiat currency.
Maintain Records: Keep thorough records of all transactions (dates, amounts, wallets).
Consult a Tax Professional: Cryptocurrencies have complex tax rules—it's always good to seek professional advice.
4/ Key Takeaway: Just because crypto transactions are digital doesn’t mean they’re invisible. The IRS has the tools to trace them, and failure to report can result in serious consequences. Stay compliant to avoid legal and financial trouble.
🔒 Always report your crypto transactions to stay on the right side of the law.