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basic ideas Cryptocurrency wallets come in many shapes and sizes. Custodial wallets are easy to set up but offer less control.
Non-custodial wallets give you complete control, but you are fully responsible for the safety of your keys and assets. Hardware wallets offer strong security against hacks and exploits, but they are relatively expensive and not suitable for beginners.
basic ideas Purchasing power parity helps you compare currencies by looking at the cost of a basket of goods in different countries, making it easier to see which currency gives you more purchasing power.
Purchasing power parity is a key factor in adjusting GDP and understanding what money can do in different places, providing a clearer view of living standards and economic health around the world.
Disclaimer: This content is provided for educational purposes only. The products and services referenced here may not be available in your area. basic ideas Moonbix is an easy-to-play game that can be accessed through the Binance Moonbix bot on Telegram, making it convenient for users to enjoy during their busy times.
The game consists of collecting coins and items to earn points in 45-second sessions. Scores are determined by the amount, size and value of items collected.
basic ideas HODL stands for “holding on for dear life,” and is a strategy that involves holding onto cryptocurrency even when the market declines.
It started as a typo but has since become a movement in the cryptocurrency world. The HODL strategy is about ignoring short-term volatility in favor of long-term gains. The strategy reflects the belief in the future of digital currencies and blockchain technology.
Disclaimer: This article is for educational purposes only. The information provided on Binance does not constitute investment or trading advice or recommendation. Binance does not bear responsibility for any of your investment decisions. Please consult with professionals before taking any financial risk. basic ideas Hamster Kombat (HMSTR) is a mobile game for earning hosted on the platform.
Disclaimer: This article is for educational purposes only. The information provided on Binance does not constitute investment or trading advice or recommendation. Binance does not bear responsibility for any of your investment decisions. Please consult with professionals before taking any financial risk. basic ideas Scroll is a scaling solution that processes transactions outside of the main Ethereum chain, reducing congestion and making the network faster for users, even during periods of congestion.
Disclaimer: This content is provided for educational purposes only. The products and services referenced here may not be available in your area. basic ideas EURI is a euro-backed stablecoin regulated by the European Digital Assets Act (MiCA) framework.
Luxembourg-based Banking Circle SA has issued EURI, and its smart contracts have been audited by blockchain security firms like PeckShield.
basic ideas Bitcoin ATMs (or BTMs) allow users to buy and sell Bitcoin (and sometimes other cryptocurrencies) using cash or debit cards.
If you are new to cryptocurrency, you will need to set up a cryptocurrency wallet before using a Bitcoin ATM. Bitcoin ATMs are easy to use but charge high fees, usually much higher than online alternatives, sometimes as much as 20% per transaction.
Disclaimer: This article is for educational purposes only. The information provided on Binance does not constitute investment or trading advice or recommendation. Binance does not bear responsibility for any of your investment decisions. Please consult with professionals before taking any financial risk. basic ideas Neiro is a dog-themed meme coin inspired by a real-life Shiba Inu dog. Atsuko Sato adopted Neiro after Kabusu (the famous Shiba Inu dog who was the mascot of Dogecoin) passed away in May 2024.
basic ideas Order lists display current buy and sell orders (bids and offers), showing the dynamics of supply and demand in the market for a particular trading pair.
In highly liquid markets, order lists are constantly updated, and when a trade is executed, the corresponding orders are immediately removed from the list. This makes the order list a dynamic tool for tracking market activity.
What is the Pectra upgrade for the Ethereum network?
basic ideas The Ethereum Pectra upgrade, which will start in 2025, is set to make the Ethereum network faster, more scalable, and easier to use.
Key changes include allowing users to pay transaction fees on the network with different tokens, speeding up smart contracts, and improving staking rewards for validators. Long-term benefits include better scalability and lower costs, with features like Verkle Tree and PeerDAS supporting the growth and ease of use of the Ethereum network.
What is multi-signature fraud and how to avoid it?
basic ideas Multi-signature wallets require multiple private keys to sign and authorize a transaction, providing an additional layer of security for users and businesses.
There are different types of scams related to multi-signature wallets, but they are particularly common on the Tron network. A common multi-signature scam involves tricking users into giving them partial access to the scammer's wallet and tricking them into sending funds to pay transaction fees.
Disclaimer: This content is provided for educational purposes only. The products and services referenced here may not be available in your area. basic ideas Pre-market trading on Binance allows you to trade tokens before they are officially listed on the spot market, providing opportunities for early price discovery and strategic trading.
Disclaimer: This article is for educational purposes only. The information provided on Binance does not constitute investment or trading advice or recommendation. Binance does not bear responsibility for any of your investment decisions. Please consult with professionals before taking any financial risk. basic ideas Cetus is a protocol for decentralized exchanges and liquidity systems. It is built on the Sui and Aptos blockchains.
What is CoW Decentralized Autonomous Organization?
basic ideas CoW Decentralized Autonomous Organization is a decentralized finance project that aims to enhance user experience and safety. It includes three main tools: CoW Protocol, Maximum Extractable Value Blocker, and CoW Protocol Automated Market Maker.
CoW (Synchronization of Wishes) Protocol is a trading tool that provides efficient pricing mechanisms and protection from unfavorable trading setups.
basic ideas Binance Wealth meets the growing demand from the private wealth sector to provide reliable and integrated crypto investment solutions directly on a crypto trading platform.
Binance Wealth provides an easy-to-use platform for wealth managers to support their high-net-worth clients’ journey into crypto investing with confidence, including account opening and investment recommendations.
basic ideas Michael J. Saylor is a renowned entrepreneur, CEO, and Bitcoin advocate, and is the co-founder and CEO of MicroStrategy.
Michael Saylor calls Bitcoin “digital gold” and leads MicroStrategy’s cryptocurrency investment strategy. As of November 2024, the company owns more than 1.4% of the total BTC supply, estimated at more than 330,000 bitcoins.