Binance Square

Solution

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Saymoon
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Improvements of  Binance Ship on Red Ocean #Part_1 - I have registered in platform last week & I will not deny that it has a great potential related to from perspective of user-experience (UX), ease-features & detailed trade guide for beginners, which was very informative & helpful for me. It's wonderful site & I was no wondering that it has been ranked as 1st platforms. -  But like everything in our life, there is always a cons that management in any company don’t know about it unless via customer care center. So, we should address it keep the loyalty of old registers (customers) & attract new users in daily active (not register & go away forever): - These cons from my experience are: - #1 – Not Enough Balance after Signup - For beginners, we like to start to discover this new jungle, but we may don’t have resources especially in development  & poor countries such as Africa. Giving 10 USDT may be a good idea & a kick-start for any verified user, who already signed up, as it will boost the exchange trade in platform. I understand from point of economical view the huge risk involved in this situation, as the company  can’t give any person 10$ from investment funding (e.g. 10,000,000 users x 5$-= 5 $-Million)with high probability of losing it to newbie in the trade  game. No body like to lose his own money. - My Proposed #Solution : The platform want experienced trader, right ? Then you can create a virtual-coin that has a balance of, say as an example 100 v-BNB (i.e. virtual coin of Binance),  that it has no value in the real market. Let the fresh trader practice on different positions types (spot, margin, future). - When he/she maximize his initial virtual balance by 3x to be 300 v-BNB in less than ONE month (without using leverage effect), then Binance platform  can award him/her by 10 token voucher, as he/she now is experienced trader that we can rely on him/her make profits for all of us. It’s win-win strategy for user (loyalty) & platform (reputation . … To be continued - #BTCtrade #BTCBackto100K #TradeStories $BTC $ETH $BNB
Improvements of  Binance Ship on Red Ocean
#Part_1
-
I have registered in platform last week & I will not deny that it has a great potential related to from perspective of user-experience (UX), ease-features & detailed trade guide for beginners, which was very informative & helpful for me.
It's wonderful site & I was no wondering that it has been ranked as 1st platforms.
-
 But like everything in our life, there is always a cons that management in any company don’t know about it unless via customer care center.
So, we should address it keep the loyalty of old registers (customers) & attract new users in daily active (not register & go away forever):
-
These cons from my experience are:
-
#1 – Not Enough Balance after Signup
-
For beginners, we like to start to discover this new jungle, but we may don’t have resources especially in development  & poor countries such as Africa.
Giving 10 USDT may be a good idea & a kick-start for any verified user, who already signed up, as it will boost the exchange trade in platform.
I understand from point of economical view the huge risk involved in this situation, as the company  can’t give any person 10$ from investment funding (e.g. 10,000,000 users x 5$-= 5 $-Million)with high probability of losing it to newbie in the trade  game.
No body like to lose his own money.
-
My Proposed #Solution :
The platform want experienced trader, right ?
Then you can create a virtual-coin that has a balance of, say as an example 100 v-BNB (i.e. virtual coin of Binance),  that it has no value in the real market.
Let the fresh trader practice on different positions types (spot, margin, future).
-
When he/she maximize his initial virtual balance by 3x to be 300 v-BNB in less than ONE month (without using leverage effect), then Binance platform  can award him/her by 10 token voucher, as he/she now is experienced trader that we can rely on him/her make profits for all of us.
It’s win-win strategy for user (loyalty) & platform (reputation
.
… To be continued
-
#BTCtrade #BTCBackto100K #TradeStories
$BTC $ETH $BNB
The Pump and Dump Phenomenon in Crypto Trading: A Critical Examination and Potential SolutionsINTRODUCTION The pump and dump phenomenon has been a persistent issue in the cryptocurrency market, undermining the integrity of crypto trading and causing significant financial losses for unsuspecting investors. This seminal discourse aims to provide an in-depth analysis of the pump and dump phenomenon, its consequences, and potential solutions to mitigate its impact. DEFINING PUMP AND DUMP Pump and dump is a manipulative trading practice where a group of individuals, often organized through online forums or social media, artificially inflate the price of a cryptocurrency by spreading false or misleading information. This creates a buying frenzy, driving up the price. Once the price has risen significantly, the perpetrators sell their holdings, causing the price to plummet and leaving innocent investors with substantial losses. CONSEQUENCES OF PUMP AND DUMP The pump and dump phenomenon has far-reaching consequences, including: 1. Financial losses: Investors who buy into the artificially inflated price often suffer significant financial losses when the price collapses. 2. Market volatility: Pump and dump schemes contribute to market volatility, making it challenging for legitimate investors to make informed decisions. 3. Erosion of trust: Repeated instances of pump and dump schemes erode trust in the cryptocurrency market, discouraging new investors and undermining the market's credibility. 4. Regulatory scrutiny: The prevalence of pump and dump schemes may attract regulatory attention, potentially leading to increased oversight and stricter regulations. CAUSES OF PUMP AND DUMP Several factors contribute to the persistence of pump and dump schemes in the cryptocurrency market: 1. Lack of regulation: The cryptocurrency market is largely unregulated, making it easier for perpetrators to operate undetected. 2. Anonymity: The pseudonymous nature of cryptocurrency transactions allows perpetrators to remain anonymous and evade accountability. 3. Social media amplification: Social media platforms can amplify false or misleading information, making it easier for pump and dump schemes to spread quickly. 4. Lack of investor education: Many investors lack a deep understanding of the cryptocurrency market and are vulnerable to false or misleading information. POTENTIAL SOLUTIONS To mitigate the impact of pump and dump schemes, the following solutions can be explored: 1. Regulatory oversight: Establishing clear regulations and guidelines for cryptocurrency trading can help prevent pump and dump schemes. 2. Improved investor education: Educating investors about the risks and consequences of pump and dump schemes can help them make informed decisions. 3. Enhanced transparency: Implementing measures to increase transparency, such as mandatory disclosure of ownership and trading activity, can help identify and prevent pump and dump schemes. 4. Collaboration between exchanges: Exchanges can collaborate to share information and best practices to prevent pump and dump schemes. 5. Machine learning-based detection: Utilizing machine learning algorithms to detect and prevent pump and dump schemes can help identify suspicious activity. 6. Whistleblower protection: Establishing protections for whistleblowers who report suspected pump and dump schemes can help encourage individuals to come forward. CONCLUSION The pump and dump phenomenon is a persistent issue in the cryptocurrency market, causing significant financial losses and undermining trust. Addressing this issue requires a multi-faceted approach, including regulatory oversight, investor education, enhanced transparency, collaboration between exchanges, machine learning-based detection, and whistleblower protection. By working together, we can mitigate the impact of pump and dump schemes and promote a more transparent and trustworthy cryptocurrency market. #PumpandDump #Phenomenon #Solution #Trading

The Pump and Dump Phenomenon in Crypto Trading: A Critical Examination and Potential Solutions

INTRODUCTION
The pump and dump phenomenon has been a persistent issue in the cryptocurrency market, undermining the integrity of crypto trading and causing significant financial losses for unsuspecting investors. This seminal discourse aims to provide an in-depth analysis of the pump and dump phenomenon, its consequences, and potential solutions to mitigate its impact.

DEFINING PUMP AND DUMP
Pump and dump is a manipulative trading practice where a group of individuals, often organized through online forums or social media, artificially inflate the price of a cryptocurrency by spreading false or misleading information. This creates a buying frenzy, driving up the price. Once the price has risen significantly, the perpetrators sell their holdings, causing the price to plummet and leaving innocent investors with substantial losses.

CONSEQUENCES OF PUMP AND DUMP
The pump and dump phenomenon has far-reaching consequences, including:

1. Financial losses: Investors who buy into the artificially inflated price often suffer significant financial losses when the price collapses.
2. Market volatility: Pump and dump schemes contribute to market volatility, making it challenging for legitimate investors to make informed decisions.
3. Erosion of trust: Repeated instances of pump and dump schemes erode trust in the cryptocurrency market, discouraging new investors and undermining the market's credibility.
4. Regulatory scrutiny: The prevalence of pump and dump schemes may attract regulatory attention, potentially leading to increased oversight and stricter regulations.
CAUSES OF PUMP AND DUMP
Several factors contribute to the persistence of pump and dump schemes in the cryptocurrency market:
1. Lack of regulation: The cryptocurrency market is largely unregulated, making it easier for perpetrators to operate undetected.
2. Anonymity: The pseudonymous nature of cryptocurrency transactions allows perpetrators to remain anonymous and evade accountability.
3. Social media amplification: Social media platforms can amplify false or misleading information, making it easier for pump and dump schemes to spread quickly.
4. Lack of investor education: Many investors lack a deep understanding of the cryptocurrency market and are vulnerable to false or misleading information.
POTENTIAL SOLUTIONS
To mitigate the impact of pump and dump schemes, the following solutions can be explored:

1. Regulatory oversight: Establishing clear regulations and guidelines for cryptocurrency trading can help prevent pump and dump schemes.
2. Improved investor education: Educating investors about the risks and consequences of pump and dump schemes can help them make informed decisions.
3. Enhanced transparency: Implementing measures to increase transparency, such as mandatory disclosure of ownership and trading activity, can help identify and prevent pump and dump schemes.
4. Collaboration between exchanges: Exchanges can collaborate to share information and best practices to prevent pump and dump schemes.
5. Machine learning-based detection: Utilizing machine learning algorithms to detect and prevent pump and dump schemes can help identify suspicious activity.
6. Whistleblower protection: Establishing protections for whistleblowers who report suspected pump and dump schemes can help encourage individuals to come forward.
CONCLUSION
The pump and dump phenomenon is a persistent issue in the cryptocurrency market, causing significant financial losses and undermining trust. Addressing this issue requires a multi-faceted approach, including regulatory oversight, investor education, enhanced transparency, collaboration between exchanges, machine learning-based detection, and whistleblower protection. By working together, we can mitigate the impact of pump and dump schemes and promote a more transparent and trustworthy cryptocurrency market.
#PumpandDump #Phenomenon #Solution #Trading
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Bullish
Improvements of Binance Ship on Red Ocean #Part_2 - In our daily life, we noticed there are a low & high quality products, especially in automobile, mobile phones,   food & beverage & so on, to cover the needs of 3 different types of people (i.e. Jobless, Workers s & Rich Class) who are preferred to buy products based on their financial capability. It’s good strategy for any large company to take large pie of market share in very competitive environment - #2 – Referral Invitation is in favor & Only for Rich Class: - To invite your relatives, friends & colleagues to register with website, it be considered as vouch for the company, that they have excellent services. - Rewards on Invitation friends, may also encourage old users to invite other, but does it work for all 3 class types?!! - According to 1st referral tasks, your friend should register, verified & spend 100$ in trade in very short time window ? - Seriously, do you think newbie either from jobless or workers class, will pay 100 $ in less than 14 days? - This 100$ don’t find it under his/her cushion after he/she wake-up & has intend to throw it away in some mysterious trade that don’t understand it yet. - * Also, the special bonus (20 $) that gave to you as welcome message on ship board of Binance, - Really?! , Tell me: Why I can’t use it unless I complete 1st round of referral reward program unless my poor friend trade more than 100$. - It’s ridiculous, waste of time, & efforts with no solid evidence it may works as we are dealing with new trade - Our #solution for win-win scenario for loyal user & the company is simple: 1) Decrease the minimum value of friend’s trade money to 5$ & let rewards 1$ only. 2) Increase the round up to 10 (ranged from 5 to 500 $) to let jobless & workers class be excited in crypto currency website with rich class. 3) Cancel the limit time of referral rewards, because its meaningless. We may meet new friend in new country (i.e. tourists).   - That’s my 2st opinion - … To be continue - #BTCtrade #BTCBackto100K #TradeStories $BNB $BTC $ETH
Improvements of Binance Ship on Red Ocean
#Part_2
-
In our daily life, we noticed there are a low & high quality products, especially in automobile, mobile phones,   food & beverage & so on, to cover the needs of 3 different types of people (i.e. Jobless, Workers s & Rich Class) who are preferred to buy products based on their financial capability.
It’s good strategy for any large company to take large pie of market share in very competitive environment
-
#2 – Referral Invitation is in favor & Only for Rich Class:
-
To invite your relatives, friends & colleagues to register with website, it be considered as vouch for the company, that they have excellent services.
-
Rewards on Invitation friends, may also encourage old users to invite other, but does it work for all 3 class types?!!
-
According to 1st referral tasks, your friend should register, verified & spend 100$ in trade in very short time window ?
-
Seriously, do you think newbie either from jobless or workers class, will pay 100 $ in less than 14 days?
-
This 100$ don’t find it under his/her cushion after he/she wake-up & has intend to throw it away in some mysterious trade that don’t understand it yet.
-
* Also, the special bonus (20 $) that gave to you as welcome message on ship board of Binance,
-
Really?! , Tell me: Why I can’t use it unless I complete 1st round of referral reward program unless my poor friend trade more than 100$.
-
It’s ridiculous, waste of time, & efforts with no solid evidence it may works as we are dealing with new trade
-
Our #solution for win-win scenario for loyal user & the company is simple:
1) Decrease the minimum value of friend’s trade money to 5$ & let rewards 1$ only.
2) Increase the round up to 10 (ranged from 5 to 500 $) to let jobless & workers class be excited in crypto currency website with rich class.
3) Cancel the limit time of referral rewards, because its meaningless. We may meet new friend in new country (i.e. tourists).
  -
That’s my 2st opinion
-
… To be continue
-
#BTCtrade #BTCBackto100K #TradeStories
$BNB $BTC $ETH
crypto word of the day Get a share of 500000 points by solving the puzzle Here are the answers : 4 words High Year 5 words space Trust 6 words Growth review 7 words achieve loyalty Mission product rewards 8 words Discover innovate monument #solution
crypto word of the day
Get a share of 500000 points by solving the puzzle
Here are the answers :

4 words
High
Year

5 words
space
Trust

6 words
Growth
review

7 words
achieve
loyalty
Mission
product
rewards

8 words
Discover
innovate

monument

#solution
Brian Armstrong summarised the 2023 results for the company: "We cut costs by 45% y/y and shipped products faster with a leaner team driving $95 million of positive net income for 2023. We launched the Coinbase International Exchange, derivatives products, the Layer 2 Base which is helping blockchains scale, and played a key role in the Bitcoin ETF approvals as the custodian for 8 of 11 ETF issuers. We custody around 90% of the ~$37B in Bitcoin ETF assets. We've seen net inflows across our retail & institutional products since the ETFs launched.” „In 2024 we'll focus on growing trading fee revenue with international expansion and derivatives. We'll also focus on driving utility in crypto with payments and by developing Coinbase Wallet into an onchain superapp. Finally, we'll keep driving regulatory clarity for crypto via the courts.“ #solution #ETFsApproval
Brian Armstrong summarised the 2023 results for the company: "We cut costs by 45% y/y and shipped products faster with a leaner team driving $95 million of positive net income for 2023.

We launched the Coinbase International Exchange, derivatives products, the Layer 2 Base which is helping blockchains scale, and played a key role in the Bitcoin ETF approvals as the custodian for 8 of 11 ETF issuers.

We custody around 90% of the ~$37B in Bitcoin ETF assets. We've seen net inflows across our retail & institutional products since the ETFs launched.”

„In 2024 we'll focus on growing trading fee revenue with international expansion and derivatives. We'll also focus on driving utility in crypto with payments and by developing Coinbase Wallet into an onchain superapp. Finally, we'll keep driving regulatory clarity for crypto via the courts.“

#solution #ETFsApproval
See original
hello everyone!! I swapped some eth on my ronin wallet from the ronin network to the abstract network. I can't withdraw them or put them back on the ronin network or elsewhere... Can someone help me? Thank you! #solution #EARN #Abstraction
hello everyone!!

I swapped some eth on my ronin wallet from the ronin network to the abstract network.
I can't withdraw them or put them back on the ronin network or elsewhere...

Can someone help me?
Thank you!

#solution
#EARN
#Abstraction
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Bullish
Word of the day game solutions 17th April Today 1- Three Letter NFT 2- Four Letter USER PLAY 3- Five Letter VALUE 4- Six Letter STUDIO NATIVE UNLOCK 5- Seven Letter LICENSE CONTENT PROJECT DEVELOP CONTROL AIRDROP ACCOUNT COLLECT 6- Eight Letter PLATFORM Follow for daily answers, 💯 Correct Answers 100% Daily Give me a tip if you feel I helped you 😉 😊😊 $BTC $ETH $BNB #wotdl #solution #Gameing #wordoftheday #word
Word of the day game solutions 17th April
Today

1- Three Letter
NFT

2- Four Letter
USER
PLAY

3- Five Letter
VALUE

4- Six Letter
STUDIO
NATIVE
UNLOCK

5- Seven Letter
LICENSE
CONTENT
PROJECT
DEVELOP
CONTROL
AIRDROP
ACCOUNT
COLLECT

6- Eight Letter
PLATFORM

Follow for daily answers, 💯 Correct Answers 100% Daily
Give me a tip if you feel I helped you 😉 😊😊
$BTC $ETH $BNB
#wotdl #solution #Gameing #wordoftheday #word
--
Bullish
It's back now🔥 u can now get ur hmstr binance deposit address and memo. NOTE: alot of people re trying to connect( congested). Do check my pinned post if urs is still processing for a very long time. Thank you.$BTC $ETH #BinanceLaunchpoolHMSTR #TonSociety #solution
It's back now🔥 u can now get ur hmstr binance deposit address and memo.
NOTE: alot of people re trying to connect( congested).
Do check my pinned post if urs is still processing for a very long time.
Thank you.$BTC $ETH #BinanceLaunchpoolHMSTR #TonSociety #solution
See original
# **Layer 2 Technologies: Paving the Way for the Future of Blockchain** # **Layer 2 Technologies: Paving the Way for the Future of Blockchain** The blockchain ecosystem is evolving rapidly, with Layer 2 (L2) solutions at the forefront of this transformation. These technologies are designed to address the scalability and efficiency challenges faced by layer-one (L1) blockchains like Ethereum. By offloading transactions from the main chain, L2 solutions not only improve transaction speed and reduce costs, but also open new avenues for blockchain applications.

# **Layer 2 Technologies: Paving the Way for the Future of Blockchain**

# **Layer 2 Technologies: Paving the Way for the Future of Blockchain**

The blockchain ecosystem is evolving rapidly, with Layer 2 (L2) solutions at the forefront of this transformation. These technologies are designed to address the scalability and efficiency challenges faced by layer-one (L1) blockchains like Ethereum. By offloading transactions from the main chain, L2 solutions not only improve transaction speed and reduce costs, but also open new avenues for blockchain applications.
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