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Binance Announcement
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Binance Will List ZKsync (ZK) with ZK Token Distribution Program
Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.
Fellow Binancians,
Binance will list ZKsync (ZK) and open trading for the following spot trading pairs at 2024-06-17 08:00 (UTC).
New Spot Trading Pairs: ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY.Users can now start depositing ZK in preparation for trading.Withdrawals will open at 2024-06-18 08:00 (UTC).ZK Listing Fee: 0 BNB.ZKsync Network Explorer
Notes:
The seed tag will be applied to ZK.TRY is a fiat currency and does not represent any other digital currencies.The withdrawal open time is an estimated time for usersâ reference. Users can view the actual status of withdrawals on the withdrawal page.For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
What Is ZKsync (ZK)
ZKSync is an Ethereum Layer 2 scaling solution that utilizes EVM-compatible ZK-SNARK roll-up technology.
Binance ZK Token Distribution Program
Program Period: 2024-06-17 02:00 (UTC) - 2024-07-16 23:59 (UTC)
In light of the ongoing concerns from the community around ZK token distribution, Binance is offering 10,500,000 ZK tokens to up to 52,500 Binance users who meet all of the following criteria:
User has initiated a total of at least 50 transactions on ZKSync Era (where the users are the "from" address in the transaction) between February 2023 and March 2024 (a total of 14 months).Conducted transaction(s) in 7 distinctive months (between February 2023 and March 2024). Self-transfers are excluded.The claim address was not eligible for ZK tokens from the official ZK Nation airdrop program.The claim address is not a contract/CEX/bridge address.
How to Claim ZK Tokens from Binance
Eligible users must deposit a minimum of 0.02 ETH from the whitelisted address(s) on the ZKSync ERA network to Binance.com. (Please note: The ETH amount user deposit does not affect the amount of ZK tokens to be distributed.)Only ETH deposited directly from the following ZKsync active user whitelists are considered valid. Binance will also use these addresses as reference for the distribution. Whitelist batch 1Whitelist batch 2Whitelist batch 3Whitelist batch 4ZK tokens will be distributed to users on a first-come, first-served basis, provided that they have met all of the above criteria.Each UID can only claim ZK tokens once to their master account. Binance will distribute 200 ZK to each Binance User ID (UID). For example, if a user deposited 0.02 ETH from several addresses to the same UID, they are only eligible to claim ZK tokens from the Token Distribution Program once. Binance will only distribute 200 ZK tokens to the UID.
Please note: The first token airdrop will begin from 2024-06-25.
Important Notes
ZK is a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token.Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to ZK.To gain trading access to tokens marked with seed tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find seed tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags.
Additional Information
ZKsync WebsiteZKsync XBinance Trading FeesBinance Trading Rules
Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).
Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Thank you for your support!
Binance Team
2024-06-17
Note: This announcement was last updated on 2024-06-17 to update the whitelist address lists and to add further clarifications to the claiming of ZK tokens.
Fellow Binancians,
Binance will list ZKsync (ZK) and open trading for the following spot trading pairs at 2024-06-17 08:00 (UTC).
New Spot Trading Pairs: ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY.Users can now start depositing ZK in preparation for trading.Withdrawals will open at 2024-06-18 08:00 (UTC).ZK Listing Fee: 0 BNB.ZKsync Network Explorer
Notes:
The seed tag will be applied to ZK.TRY is a fiat currency and does not represent any other digital currencies.The withdrawal open time is an estimated time for usersâ reference. Users can view the actual status of withdrawals on the withdrawal page.For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
What Is ZKsync (ZK)
ZKSync is an Ethereum Layer 2 scaling solution that utilizes EVM-compatible ZK-SNARK roll-up technology.
Binance ZK Token Distribution Program
Program Period: 2024-06-17 02:00 (UTC) - 2024-07-16 23:59 (UTC)
In light of the ongoing concerns from the community around ZK token distribution, Binance is offering 10,500,000 ZK tokens to up to 52,500 Binance users who meet all of the following criteria:
User has initiated a total of at least 50 transactions on ZKSync Era (where the users are the "from" address in the transaction) between February 2023 and March 2024 (a total of 14 months).Conducted transaction(s) in 7 distinctive months (between February 2023 and March 2024). Self-transfers are excluded.The claim address was not eligible for ZK tokens from the official ZK Nation airdrop program.The claim address is not a contract/CEX/bridge address.
How to Claim ZK Tokens from Binance
Eligible users must deposit a minimum of 0.02 ETH from the whitelisted address(s) on the ZKSync ERA network to Binance.com. (Please note: The ETH amount user deposit does not affect the amount of ZK tokens to be distributed.)Only ETH deposited directly from the following ZKsync active user whitelists are considered valid. Binance will also use these addresses as reference for the distribution. Whitelist batch 1Whitelist batch 2Whitelist batch 3Whitelist batch 4ZK tokens will be distributed to users on a first-come, first-served basis, provided that they have met all of the above criteria.Each UID can only claim ZK tokens once to their master account. Binance will distribute 200 ZK to each Binance User ID (UID). For example, if a user deposited 0.02 ETH from several addresses to the same UID, they are only eligible to claim ZK tokens from the Token Distribution Program once. Binance will only distribute 200 ZK tokens to the UID.
Please note: The first token airdrop will begin from 2024-06-25.
Important Notes
ZK is a relatively new token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token.Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to ZK.To gain trading access to tokens marked with seed tag, users will need to pass the corresponding quizzes every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading the tokens with the Seed Tags. Users may find seed tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Seed Tags.
Additional Information
ZKsync WebsiteZKsync XBinance Trading FeesBinance Trading Rules
Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).
Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Thank you for your support!
Binance Team
2024-06-17
Note: This announcement was last updated on 2024-06-17 to update the whitelist address lists and to add further clarifications to the claiming of ZK tokens.
See original
LIVEBinance Square Official
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Post your #BinanceTournament Journey on Binance Square and Compete for 5,000 USDT!
Join the Futures Grand Tournament to compete for a 3 Million USDT prize pool. By sharing your tournament experience on Binance Square, you stand a chance to win a share of an EXCLUSIVE 5,000 USDT prize pool.
Activity Period: 2024-6-13 00:00 to 2024-7-14 23:59 (UTC)
How to Win?
Craft an original content related to #BinanceTournament on Binance Square and include "#BinanceTournament " in your content.Ensure your content has at least 200 characters and a minimum of three interactions (such as emojis, comments, shares, or quotes).
Consider the following topics:Â
How to join the #BinanceTournament tutorialsYour tournament experiences or insights Relevant industry news or event updatesMarket and trading analysis or tips
Increase your chances of winning by sharing your post for more interactions with your peers and the Binance Square community.
Promotion A: Community Engagement Pool (3,000 USDT in token voucher)
All users who create an eligible content piece during the Activity Period will qualify for an equal share of the 3,000 USDT rewards pool.
Promotion B: Top Contents Pool (2,000 USDT in token voucher)
The top 10 eligible content pieces with the most interactions (i.e., the total number of emojis, comments, shares or quotes) will be rewarded as follows:
Terms & Conditions
This activity may not be available in your region. Only tournament-related content (i.e., short post, article, or poll) that includes #BinanceTournament , garners at least three interactions (i.e., the total number of emojis, comments, shares or quotes), and contains more than 200 characters, will be considered eligible. Any instances of hashtag abuse will result in exclusion from the campaign.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Posts that attempt to boost engagement by Red Packets and giveaways will be disqualified.Only original, new content qualifies. Previous submissions are ineligible.You can create multiple content and potentially win in both promotions. However, each user is only entitled to 1 reward in promotion B.
Winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The USDT token voucher rewards will be distributed within 15 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.This Campaign and the Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements. Â
Activity Period: 2024-6-13 00:00 to 2024-7-14 23:59 (UTC)
How to Win?
Craft an original content related to #BinanceTournament on Binance Square and include "#BinanceTournament " in your content.Ensure your content has at least 200 characters and a minimum of three interactions (such as emojis, comments, shares, or quotes).
Consider the following topics:Â
How to join the #BinanceTournament tutorialsYour tournament experiences or insights Relevant industry news or event updatesMarket and trading analysis or tips
Increase your chances of winning by sharing your post for more interactions with your peers and the Binance Square community.
Promotion A: Community Engagement Pool (3,000 USDT in token voucher)
All users who create an eligible content piece during the Activity Period will qualify for an equal share of the 3,000 USDT rewards pool.
Promotion B: Top Contents Pool (2,000 USDT in token voucher)
The top 10 eligible content pieces with the most interactions (i.e., the total number of emojis, comments, shares or quotes) will be rewarded as follows:
Terms & Conditions
This activity may not be available in your region. Only tournament-related content (i.e., short post, article, or poll) that includes #BinanceTournament , garners at least three interactions (i.e., the total number of emojis, comments, shares or quotes), and contains more than 200 characters, will be considered eligible. Any instances of hashtag abuse will result in exclusion from the campaign.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Posts that attempt to boost engagement by Red Packets and giveaways will be disqualified.Only original, new content qualifies. Previous submissions are ineligible.You can create multiple content and potentially win in both promotions. However, each user is only entitled to 1 reward in promotion B.
Winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The USDT token voucher rewards will be distributed within 15 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.This Campaign and the Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements. Â
LIVEBinance Square Official
--
Post an #AirdropGuide to win up to 500 FDUSD!
Join the #AirdropGuide campaign for a chance to win up to 500 FDUSD! Share your knowledge of what crypto airdrops are and how they work. Include insights on different types of airdrops, examples, and effective strategies to find and participate in them.
Campaign Period: 2024-06-14 00:00 to 2024-06-19 23:59 (UTC)
To Participate:Â
Post an explanation of crypto airdrops and how they work using the #AirdropGuide hashtag on Binance Square.Â
Include:
Explanation of what a crypto airdrop is;Insights on different types of airdrops (e.g., bounties, holder drops, etc.);Real-life examples of successful airdrops;Strategies for finding and participating in airdrops.
Make sure your post has a minimum length of 600 words.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.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 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.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 within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.
Campaign Period: 2024-06-14 00:00 to 2024-06-19 23:59 (UTC)
To Participate:Â
Post an explanation of crypto airdrops and how they work using the #AirdropGuide hashtag on Binance Square.Â
Include:
Explanation of what a crypto airdrop is;Insights on different types of airdrops (e.g., bounties, holder drops, etc.);Real-life examples of successful airdrops;Strategies for finding and participating in airdrops.
Make sure your post has a minimum length of 600 words.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.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 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.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 within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.
See original
LIVEBinance Square Official
--
Post an #AirdropGuide to win up to 500 FDUSD!
Join the #AirdropGuide campaign for a chance to win up to 500 FDUSD! Share your knowledge of what crypto airdrops are and how they work. Include insights on different types of airdrops, examples, and effective strategies to find and participate in them.
Campaign Period: 2024-06-14 00:00 to 2024-06-19 23:59 (UTC)
To Participate:Â
Post an explanation of crypto airdrops and how they work using the #AirdropGuide hashtag on Binance Square.Â
Include:
Explanation of what a crypto airdrop is;Insights on different types of airdrops (e.g., bounties, holder drops, etc.);Real-life examples of successful airdrops;Strategies for finding and participating in airdrops.
Make sure your post has a minimum length of 600 words.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.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 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.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 within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.
Campaign Period: 2024-06-14 00:00 to 2024-06-19 23:59 (UTC)
To Participate:Â
Post an explanation of crypto airdrops and how they work using the #AirdropGuide hashtag on Binance Square.Â
Include:
Explanation of what a crypto airdrop is;Insights on different types of airdrops (e.g., bounties, holder drops, etc.);Real-life examples of successful airdrops;Strategies for finding and participating in airdrops.
Make sure your post has a minimum length of 600 words.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions:
This campaign may not be available in your region.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 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.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 within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.
đ„Let me tell you a true story. I have a classmate who earned more than 10 million five years ago. He did not choose to buy a house, speculate in stocks or buy financial products, but deposited all the funds in a commercial bank, and took out the interest every year and continued to deposit.
I was a little amused and sad when I heard the news. Although this conservative investment method is stable, it may be difficult to resist the erosion of inflation. His 10 million yuan is deposited in the bank. Even if it is calculated according to the highest annualized rate of return of 3%, he can only get 300,000 yuan in interest a year. Such income is difficult to achieve long-term stable appreciation of funds.
I once advised him that he should invest part of his funds in the stock market or buy stock funds to pursue higher returns. However, he frankly admitted that he had no knowledge and experience in investment and was worried about losing funds. I suggested that he could choose some historically stable blue-chip stocks for long-term investment, or choose some well-known stock funds to diversify risks. However, he still insisted on not using any principal.
I have tried my best to persuade him, but in the end it depends on whether he is willing to open his heart and accept new knowledge and concepts. I can only say that sometimes being too smart may mislead yourself. This 10 million yuan may not be able to achieve greater value in the end because of the overly conservative investment method.
Everyone, do you think my idea is right or my friend's idea is right? Everyone has different cognitions, so the investment direction is also different. What do you think?
Click on the avatar to follow me. The top 5 of Binance Copy Square can be verified at any time. The contract is safe to look at the point, free to share, and you can give the point every day. The winning rate is more than 90%#BinanceTournament #AirdropGuide #ETHETFsApproved
I was a little amused and sad when I heard the news. Although this conservative investment method is stable, it may be difficult to resist the erosion of inflation. His 10 million yuan is deposited in the bank. Even if it is calculated according to the highest annualized rate of return of 3%, he can only get 300,000 yuan in interest a year. Such income is difficult to achieve long-term stable appreciation of funds.
I once advised him that he should invest part of his funds in the stock market or buy stock funds to pursue higher returns. However, he frankly admitted that he had no knowledge and experience in investment and was worried about losing funds. I suggested that he could choose some historically stable blue-chip stocks for long-term investment, or choose some well-known stock funds to diversify risks. However, he still insisted on not using any principal.
I have tried my best to persuade him, but in the end it depends on whether he is willing to open his heart and accept new knowledge and concepts. I can only say that sometimes being too smart may mislead yourself. This 10 million yuan may not be able to achieve greater value in the end because of the overly conservative investment method.
Everyone, do you think my idea is right or my friend's idea is right? Everyone has different cognitions, so the investment direction is also different. What do you think?
Click on the avatar to follow me. The top 5 of Binance Copy Square can be verified at any time. The contract is safe to look at the point, free to share, and you can give the point every day. The winning rate is more than 90%#BinanceTournament #AirdropGuide #ETHETFsApproved
#FavoriToken I love #SHIB #BNB #ETH I like it because it is built on solid foundations and has a high level of reliability..
LIVEBinance Global TĂŒrkçe
--
Join the Favorite Token Campaign! Â
Celebrate your favorite Binance tokens and share which one you like the most for a chance to win part of the 1,500 #FDUSDT prize pool.
How Can You Participate?
1. Choose Your Token: Choose your favorite token on Binance.
2. Share Your Thoughts: Write a short post (at least 100 characters) explaining why you love it.
3. Cashtag and Hashtag: Tag the token of your choice and use the hashtag #FavoriteToken.
Awards:
Shared Prize Pool: All qualified participants share a prize pool of 1,350 FDUSD.
How Can You Participate?
1. Choose Your Token: Choose your favorite token on Binance.
2. Share Your Thoughts: Write a short post (at least 100 characters) explaining why you love it.
3. Cashtag and Hashtag: Tag the token of your choice and use the hashtag #FavoriteToken.
Awards:
Shared Prize Pool: All qualified participants share a prize pool of 1,350 FDUSD.
See original
đ„đ„As someone who always avoids making words, let me try to summarize it again.
Follow the commentators who are now looking at the waterfall forming in the graphics and thinking deeply.đ„đ„#Binance #Tredingnews #TrendUyarıları
Follow the commentators who are now looking at the waterfall forming in the graphics and thinking deeply.đ„đ„#Binance #Tredingnews #TrendUyarıları
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto
đŹ Interact with your favorite creators
đ Enjoy content that interests you
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đ„đ„The Future of the DODO Ecosystem:đđ
DODO's Product Features and Unique Use Cases
One-Click Token Issuance: This feature allows projects to create tokens quickly and easily on various blockchains, reducing the barriers to entry for new projects.
Pegged Pool: This feature allows users to create pools that are pegged to a specific asset, offering a more stable trading experience.
Meme Platform: The upcoming Meme platform will provide a dedicated space for meme-related activities, potentially attracting a large user base.
These features have a wide range of use cases, including:
Token Launch: Projects can use DODO's one-click token issuance to launch their tokens on multiple blockchains.
Liquidity Provision: Users can provide liquidity to various pools, earning fees in the process.
Stablecoin Trading: The Pegged Pool feature can be used to trade stablecoins with other assets.
The Meme Sector Boom and DODO's Potential
The booming meme sector presents a significant opportunity for DODO. Its multi-chain one-click token issuance feature and the upcoming Meme platform could attract a surge in traffic from projects and users in this space.
Supporting BTCFi Assets and Meme Coins
DODO's various features can play a crucial role in supporting the development of BTCFi assets and meme coins:
One-Click Token Issuance: Projects can use this feature to launch BTCFi assets and meme coins on different blockchains.
Self-Initiated Mining: Users can create mining pools for BTCFi assets and meme coins, providing liquidity to these markets.
Pegged Pool: The Pegged Pool feature can be used to create stablecoins pegged to BTC or other assets, which can be used in BTCFi applications.
DODO's Competitive Advantage
Compared to other DEXs, DODO's lower market cap and backing from top institutions give it a significant competitive advantage. Its smaller size means it has more room to grow, and the support of established institutions can provide it with access to resources and credibility.
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