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XRP's Spot Premium Phase Indicates Strong Buying Demand
According to Cointelegraph, XRP is currently experiencing its most sustained phase of spot premium, marking a period where the spot market is trading at stronger levels compared to perpetual futures. This suggests real buying demand rather than speculative futures trading. Historically, XRP's major price peaks since 2020 have been driven by the perpetual futures market, leading to sharp price drops due to excessive speculation. However, the current spot premium indicates that actual buyers are driving the rally, pointing to a more stable price rise.
Further supporting the notion of real demand, data from Glassnode reveals a consistent increase in the number of XRP addresses holding at least 10,000 tokens since late November 2024. Despite a 35% price pullback between January and April, the count of larger holders, often seen as patient or strategic investors, has continued to rise. This accumulation suggests anticipation of further gains, fueled by optimism surrounding the potential approval of a spot XRP ETF in the United States. The U.S. Securities and Exchange Commission's decision to drop its lawsuit against Ripple has also contributed to positive market sentiment.
XRP's price movement is currently consolidating within a falling wedge pattern on the weekly chart, characterized by downward-sloping, converging trendlines. In technical analysis, this pattern is typically viewed as a bullish reversal signal. A confirmed breakout would require a clear move above the wedge's upper resistance near $2.52. If XRP successfully breaks this level, the pattern's measured move suggests a potential rally toward $3.78 by June, representing an estimated 70% upside from current prices.
Conversely, if XRP fails to break above the $2.52 resistance, the price could pull back toward the wedge's lower trendline, with the pattern's apex near $1.81 acting as the final potential breakout point. A breakout from the $1.81 level would maintain the pattern's structure, with a potential upside target around $3 by June or July, approximately 35% above current levels. Readers are advised to conduct their own research before making investment decisions, as every trading move involves risk.
Further supporting the notion of real demand, data from Glassnode reveals a consistent increase in the number of XRP addresses holding at least 10,000 tokens since late November 2024. Despite a 35% price pullback between January and April, the count of larger holders, often seen as patient or strategic investors, has continued to rise. This accumulation suggests anticipation of further gains, fueled by optimism surrounding the potential approval of a spot XRP ETF in the United States. The U.S. Securities and Exchange Commission's decision to drop its lawsuit against Ripple has also contributed to positive market sentiment.
XRP's price movement is currently consolidating within a falling wedge pattern on the weekly chart, characterized by downward-sloping, converging trendlines. In technical analysis, this pattern is typically viewed as a bullish reversal signal. A confirmed breakout would require a clear move above the wedge's upper resistance near $2.52. If XRP successfully breaks this level, the pattern's measured move suggests a potential rally toward $3.78 by June, representing an estimated 70% upside from current prices.
Conversely, if XRP fails to break above the $2.52 resistance, the price could pull back toward the wedge's lower trendline, with the pattern's apex near $1.81 acting as the final potential breakout point. A breakout from the $1.81 level would maintain the pattern's structure, with a potential upside target around $3 by June or July, approximately 35% above current levels. Readers are advised to conduct their own research before making investment decisions, as every trading move involves risk.
Understanding Binance’s Fee Structure and How to Minimize Costs
When trading on Binance, understanding how fees work is key to saving money and boosting profits. Let’s break it down simply.
1. What Fees Does Binance Charge?
Spot Trading Fee: 0.10% for both makers (limit orders) and takers (market orders).
Futures Trading Fee: Starts from 0.02% (maker) and 0.04% (taker).
Deposit Fees: Free for crypto; bank transfers may vary.
Withdrawal Fees: Varies by token and network congestion.
2. How to Reduce Binance Fees
Use BNB for Discounts: Holding and using Binance Coin (BNB) to pay trading fees gives you a 25% discount.
Upgrade VIP Level: Higher trading volume or BNB holdings give fee discounts through VIP tiers.
Refer Friends: Join the Binance referral program and earn commission offsetting your own costs.
Choose the Right Network: For withdrawals, selecting cheaper blockchain networks (like BSC over Ethereum) lowers fees.
3. Pro Tips for Minimizing Costs
Use Limit Orders: Avoid taker fees and gain rebate benefits as a market maker.
Stick to Crypto Deposits: Fiat channels may involve third-party fees crypto deposits are fee-free.
Plan Withdrawals Wisely: Withdraw during low network activity hours to reduce network fees.
4. Don’t Ignore Launchpool & Staking Benefits
Engaging in Binance Launchpool, Simple Earn, or staking allows you to earn rewards without trading fees at all. By holding or locking assets, you not only grow your portfolio passively but also avoid transaction costs altogether.
For more details visit:
How to Earn Passive Income on Binance: Simple Earn, Savings, Dual Investment & Mores
5. Track Your Fees in Real-Time
Use the “Fee Rate” and “VIP Level” sections in your Binance dashboard to monitor what you’re being charged. Keeping an eye on this helps you adjust your trading style or boost BNB holdings to drop into the next fee-saving tier.
Final Thoughts
Binance rewards smart users. Hold BNB, use limit trades, level up your VIP tier, and always check withdrawal networks before clicking "confirm."
@Daniel Zou (DZ) 🔶 @Anasta Maverick
#newbie #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #AirdropStepByStep
1. What Fees Does Binance Charge?
Spot Trading Fee: 0.10% for both makers (limit orders) and takers (market orders).
Futures Trading Fee: Starts from 0.02% (maker) and 0.04% (taker).
Deposit Fees: Free for crypto; bank transfers may vary.
Withdrawal Fees: Varies by token and network congestion.
2. How to Reduce Binance Fees
Use BNB for Discounts: Holding and using Binance Coin (BNB) to pay trading fees gives you a 25% discount.
Upgrade VIP Level: Higher trading volume or BNB holdings give fee discounts through VIP tiers.
Refer Friends: Join the Binance referral program and earn commission offsetting your own costs.
Choose the Right Network: For withdrawals, selecting cheaper blockchain networks (like BSC over Ethereum) lowers fees.
3. Pro Tips for Minimizing Costs
Use Limit Orders: Avoid taker fees and gain rebate benefits as a market maker.
Stick to Crypto Deposits: Fiat channels may involve third-party fees crypto deposits are fee-free.
Plan Withdrawals Wisely: Withdraw during low network activity hours to reduce network fees.
4. Don’t Ignore Launchpool & Staking Benefits
Engaging in Binance Launchpool, Simple Earn, or staking allows you to earn rewards without trading fees at all. By holding or locking assets, you not only grow your portfolio passively but also avoid transaction costs altogether.
For more details visit:
How to Earn Passive Income on Binance: Simple Earn, Savings, Dual Investment & Mores
5. Track Your Fees in Real-Time
Use the “Fee Rate” and “VIP Level” sections in your Binance dashboard to monitor what you’re being charged. Keeping an eye on this helps you adjust your trading style or boost BNB holdings to drop into the next fee-saving tier.
Final Thoughts
Binance rewards smart users. Hold BNB, use limit trades, level up your VIP tier, and always check withdrawal networks before clicking "confirm."
@Daniel Zou (DZ) 🔶 @Anasta Maverick
#newbie #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #AirdropStepByStep
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A DCA fighting day is just a little away from burning the account. Tomorrow I will guide new players on how to earn coffee. Capital 300 USD target profit is 30 USD per day. #BinanceFutureTrading #newbie
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How to Earn Passive Income on Binance: Simple Earn, Savings, Dual Investment & Mores
Introduction:
Earning passive income with crypto might sound technical, but Binance makes it simple. It’s like putting money in a savings account except it’s crypto, and it earns rewards automatically. In this beginner-friendly guide, we’ll explore three powerful ways to grow your crypto on Binance: Simple Earn (Flexible and Locked Savings), Dual Investment, and Launchpool. You’ll learn how each one works, how to get started, the risks involved, and what kind of returns to expect.
We’ll also compare Binance’s features with those on Coinbase and Kraken to show why Binance often takes the lead.
1. Binance Simple Earn (Flexible & Locked Savings)
Simple Earn is Binance’s core passive income feature. It acts like a savings account—just with
crypto. You can choose between Flexible savings (withdraw anytime) or Locked savings (hold
for a set time and earn more).
● What it is: You earn daily interest on your crypto by subscribing to Flexible or Locked
products. It’s a blend of savings and staking made easy for all users.
● How it works: You deposit your crypto, and Binance uses it for lending or staking. You
earn daily interest in return. Flexible savings let you withdraw anytime, while Locked
savings give better rates if you commit for 30, 60, or 90 days.
● Expected returns:
1. Flexible savings: ~0.1% to 3% APY
2. Locked savings: Up to double-digit APYs for selected coins
3. Stablecoins (e.g., USDT, USDC): ~1–2% APY (flexible), higher on promotions
4. BTC/ETH: ~0.5–5% APY
● Risk level: Low. Your principal is safe. You’ll still face market volatility, but the earning
method itself doesn’t carry extra risk.
● How to Start (Step-by-Step):
1. Sign up or log in to Binance
2. Go to the “Earn” section and select “Simple Earn”
3. Pick a crypto (e.g., BTC, ETH, USDT)
4. Choose between Flexible or Locked
5. Enter amount, click Subscribe
6. Start earning interest
7. Redeem anytime (Flexible) or after term ends (Locked)
Pro Tip: Beginners often start with Flexible savings using stablecoins to keep risk low.
2. Binance Dual Investment (Higher Yield Strategy)
Dual Investment is for users looking for higher returns and are comfortable with a bit more
complexity. It lets you earn high interest while setting a “buy low” or “sell high” target.
● What it is: You deposit one crypto (e.g., BTC or USDT), choose a target price and date,
and earn interest. Depending on the market, you either keep your original coin or get
swapped into another—plus interest either way.
● Example:
1. BTC is $25,000 now. You want to sell at $30,000.
2. You deposit BTC, set $30k as target, and earn interest.
3. On the target date:
■ If BTC ≥ $30k: You get USDT + interest.
■ If BTC < $30k: You keep BTC + interest.
● Returns: Dual Investment offers much higher yields—APRs can go up to 50%+
depending on target price and timeframe. Your actual return is prorated by duration.
● Risk level: Moderate. There’s no principal loss, but you might end up with a different
asset than planned. You also can’t withdraw before settlement. Only use this when
you’re comfortable with either outcome.
● How to Start (Step-by-Step):
1. Go to Earn > Dual Investment
2. Select asset (e.g., BTC)
3. Choose direction: “Buy Low” or “Sell High”
4. Pick target price and date
5. Enter amount and subscribe
6. Wait for settlement date
7. Receive interest and either the original or alternate asset
Tip: Use Binance’s Beginner Mode for guidance. Start with small amounts to learn.
3. Binance Launchpool (Earn Free New Tokens)
Launchpool lets you earn newly launched tokens by staking your existing crypto usually BNB
or stablecoins.
● What it is: Binance offers a new token launch. You stake BNB or USDT for a few days
or weeks and earn free tokens of the new project. You get your staked coins back.
● How it works:
1. Stake your crypto into the Launchpool.
2. Earn new tokens daily based on your stake.
3. Withdraw your staked crypto anytime.
4. After the event ends, tokens are listed on Binance for trading.
● Returns: There’s no fixed APY. It depends on the token’s value at listing and your share
of the reward pool. Some users get $10–$100+ worth of tokens, depending on timing
and amount staked.
● Risk level: Very low. You risk nothing beyond market fluctuations. Your principal is
returned in full.
● How to Start (Step-by-Step):
1. Check Launchpool section in Binance
2. Find an active project
3. Stake your crypto
4. Watch new tokens accumulate
5. Unstake anytime
6. Use your new tokens after listing
Launchpool is a great way to earn “bonus” tokens without spending anything extra.
4. Binance vs Coinbase vs Kraken – Why Binance Wins for Passive Income
Here’s how Binance stacks up compared to competitors:
Verdict: Binance offers better returns, more options, and greater flexibility. Coinbase is easy, but limited. Kraken is secure, but lacks depth.
Conclusion
Earning passive income on Binance is easy and rewarding. Whether you go with:
● Simple Earn for low-risk, daily interest,
● Dual Investment for higher yields with strategy,
● Or Launchpool for free new tokens,
You’ll find something that fits your comfort level.
Binance stands out for variety, better rewards, and innovative earning tools. If you’re new, start with a small amount in Simple Earn. As you grow confident, try Dual Investment or jump into a Launchpool event.
The best part? You don’t need to trade to earn. Just hold and grow.
Let your crypto work for you start earning today.
#newbie #BinanceAlphaAlert #TariffPause #BinanceHODLerSIGN #EthereumFuture
Earning passive income with crypto might sound technical, but Binance makes it simple. It’s like putting money in a savings account except it’s crypto, and it earns rewards automatically. In this beginner-friendly guide, we’ll explore three powerful ways to grow your crypto on Binance: Simple Earn (Flexible and Locked Savings), Dual Investment, and Launchpool. You’ll learn how each one works, how to get started, the risks involved, and what kind of returns to expect.
We’ll also compare Binance’s features with those on Coinbase and Kraken to show why Binance often takes the lead.
1. Binance Simple Earn (Flexible & Locked Savings)
Simple Earn is Binance’s core passive income feature. It acts like a savings account—just with
crypto. You can choose between Flexible savings (withdraw anytime) or Locked savings (hold
for a set time and earn more).
● What it is: You earn daily interest on your crypto by subscribing to Flexible or Locked
products. It’s a blend of savings and staking made easy for all users.
● How it works: You deposit your crypto, and Binance uses it for lending or staking. You
earn daily interest in return. Flexible savings let you withdraw anytime, while Locked
savings give better rates if you commit for 30, 60, or 90 days.
● Expected returns:
1. Flexible savings: ~0.1% to 3% APY
2. Locked savings: Up to double-digit APYs for selected coins
3. Stablecoins (e.g., USDT, USDC): ~1–2% APY (flexible), higher on promotions
4. BTC/ETH: ~0.5–5% APY
● Risk level: Low. Your principal is safe. You’ll still face market volatility, but the earning
method itself doesn’t carry extra risk.
● How to Start (Step-by-Step):
1. Sign up or log in to Binance
2. Go to the “Earn” section and select “Simple Earn”
3. Pick a crypto (e.g., BTC, ETH, USDT)
4. Choose between Flexible or Locked
5. Enter amount, click Subscribe
6. Start earning interest
7. Redeem anytime (Flexible) or after term ends (Locked)
Pro Tip: Beginners often start with Flexible savings using stablecoins to keep risk low.
2. Binance Dual Investment (Higher Yield Strategy)
Dual Investment is for users looking for higher returns and are comfortable with a bit more
complexity. It lets you earn high interest while setting a “buy low” or “sell high” target.
● What it is: You deposit one crypto (e.g., BTC or USDT), choose a target price and date,
and earn interest. Depending on the market, you either keep your original coin or get
swapped into another—plus interest either way.
● Example:
1. BTC is $25,000 now. You want to sell at $30,000.
2. You deposit BTC, set $30k as target, and earn interest.
3. On the target date:
■ If BTC ≥ $30k: You get USDT + interest.
■ If BTC < $30k: You keep BTC + interest.
● Returns: Dual Investment offers much higher yields—APRs can go up to 50%+
depending on target price and timeframe. Your actual return is prorated by duration.
● Risk level: Moderate. There’s no principal loss, but you might end up with a different
asset than planned. You also can’t withdraw before settlement. Only use this when
you’re comfortable with either outcome.
● How to Start (Step-by-Step):
1. Go to Earn > Dual Investment
2. Select asset (e.g., BTC)
3. Choose direction: “Buy Low” or “Sell High”
4. Pick target price and date
5. Enter amount and subscribe
6. Wait for settlement date
7. Receive interest and either the original or alternate asset
Tip: Use Binance’s Beginner Mode for guidance. Start with small amounts to learn.
3. Binance Launchpool (Earn Free New Tokens)
Launchpool lets you earn newly launched tokens by staking your existing crypto usually BNB
or stablecoins.
● What it is: Binance offers a new token launch. You stake BNB or USDT for a few days
or weeks and earn free tokens of the new project. You get your staked coins back.
● How it works:
1. Stake your crypto into the Launchpool.
2. Earn new tokens daily based on your stake.
3. Withdraw your staked crypto anytime.
4. After the event ends, tokens are listed on Binance for trading.
● Returns: There’s no fixed APY. It depends on the token’s value at listing and your share
of the reward pool. Some users get $10–$100+ worth of tokens, depending on timing
and amount staked.
● Risk level: Very low. You risk nothing beyond market fluctuations. Your principal is
returned in full.
● How to Start (Step-by-Step):
1. Check Launchpool section in Binance
2. Find an active project
3. Stake your crypto
4. Watch new tokens accumulate
5. Unstake anytime
6. Use your new tokens after listing
Launchpool is a great way to earn “bonus” tokens without spending anything extra.
4. Binance vs Coinbase vs Kraken – Why Binance Wins for Passive Income
Here’s how Binance stacks up compared to competitors:
Verdict: Binance offers better returns, more options, and greater flexibility. Coinbase is easy, but limited. Kraken is secure, but lacks depth.
Conclusion
Earning passive income on Binance is easy and rewarding. Whether you go with:
● Simple Earn for low-risk, daily interest,
● Dual Investment for higher yields with strategy,
● Or Launchpool for free new tokens,
You’ll find something that fits your comfort level.
Binance stands out for variety, better rewards, and innovative earning tools. If you’re new, start with a small amount in Simple Earn. As you grow confident, try Dual Investment or jump into a Launchpool event.
The best part? You don’t need to trade to earn. Just hold and grow.
Let your crypto work for you start earning today.
#newbie #BinanceAlphaAlert #TariffPause #BinanceHODLerSIGN #EthereumFuture
Win Your Share
Trade USDⓈ-M Futures and Win Your Share of 50,000 USDT!
#BinanceAlphaAlert $BTC #newbie
Trade USDⓈ-M Futures and Win Your Share of 50,000 USDT!
#BinanceAlphaAlert $BTC #newbie
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Simple Crypto & Trading Series | Lesson 1.1: What is Crypto? 🔑
You are looking at coins like Bitcoin (BTC) or Ethereum (ETH) on the Binance app and wondering: "What exactly is Crypto?" 🤔 Don't worry, I will explain it very simply with relatable examples for you to understand!
Crypto is a type of "money" or asset that exists only on the internet that you trade on exchanges like Binance. When you open the Binance app and look at the list of types like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE)... under the Markets or Wallets section, that is Crypto.
Simple example: Think of Crypto as a type of digital asset, similar to gold or a form of digital stock of an "internet project", whose value fluctuates based on many factors, just like gold or stocks in real life.
The biggest difference compared to money in the bank: Crypto does not have a single "bank" or "owner" managing it.
Another simple example: The money in your bank account is managed by that bank. Crypto does not belong to any specific bank or government. It operates based on a network of computers from many participants around the world.
Another simple example: The right to use Crypto lies in a digital "key" (called a private key) that only you know. No one needs to "press the confirm button", you can still use your money. It's like you holding the key to your safe, instead of relying on the bank to keep it safe!
Simply put, Crypto is digital money that does not belong to any specific individual, and you are the one who directly controls it with your own "key".
You are looking at coins like Bitcoin (BTC) or Ethereum (ETH) on the Binance app and wondering: "What exactly is Crypto?" 🤔 Don't worry, I will explain it very simply with relatable examples for you to understand!
Crypto is a type of "money" or asset that exists only on the internet that you trade on exchanges like Binance. When you open the Binance app and look at the list of types like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE)... under the Markets or Wallets section, that is Crypto.
Simple example: Think of Crypto as a type of digital asset, similar to gold or a form of digital stock of an "internet project", whose value fluctuates based on many factors, just like gold or stocks in real life.
The biggest difference compared to money in the bank: Crypto does not have a single "bank" or "owner" managing it.
Another simple example: The money in your bank account is managed by that bank. Crypto does not belong to any specific bank or government. It operates based on a network of computers from many participants around the world.
Another simple example: The right to use Crypto lies in a digital "key" (called a private key) that only you know. No one needs to "press the confirm button", you can still use your money. It's like you holding the key to your safe, instead of relying on the bank to keep it safe!
Simply put, Crypto is digital money that does not belong to any specific individual, and you are the one who directly controls it with your own "key".
How to Start Binance Futures Trading for Beginners (Step-by-Step Guide 2025)
What Is Binance Futures Trading?
Binance Futures allows you to trade cryptocurrency contracts without owning the actual assets. You can speculate on the price movement of cryptocurrencies going long if you anticipate a price increase or short if you expect a decrease.
Key Features:
● - Leverage: Amplify your trading position up to 125x.
● - Perpetual Contracts: No expiration date.
● - USDT-Margined Futures: Settled in USDT.
● - COIN-Margined Futures: Settled in the underlying cryptocurrency.
Step-by-Step Guide to Start Futures Trading on Binance
1. Create and Verify Your Binance Account
Sign Up: Visit Binance and register using your email or phone number.
Click here to learn step by step to Create account
KYC Verification: Complete identity verification by submitting the required documents.
Enable 2FA: Set up Two-Factor Authentication for enhanced security.
Click here to learn step by step to complete 2FA
2. Activate Binance Futures
Navigate to Futures: Hover over [Derivatives] on the top menu and select USDⓈ-M Futures.
Open Futures Account: Click on [Open Now] to activate your Futures account.
3. Transfer Funds to Your Futures Wallet
Access Wallet: Go to [Wallet] > [Futures].
Transfer Funds: Click on [Transfer], choose the asset (e.g., USDT), specify the amount, and confirm the transfer.
4. Understand the Futures Trading Interface
Familiarize yourself with the key components:
● Price Chart: View real-time price movements.
● Order Book: See current buy and sell orders.
● Order Entry Panel: Place your trades.
● Positions Panel: Monitor your open positions.
5. Set Your Leverage
Adjust Leverage: Click on the current leverage to open the Adjust Leverage window.
Select Leverage: Use the slider or input box to set your desired leverage, then click Confirm.
6. Place Your First Trade
Choose Contract: Select the trading pair (e.g., BTC/USDT).
Select Order Type: Choose between Market, Limit, or Stop-Limit orders.
Enter Details: Specify the order price, quantity, and set Take-Profit and Stop-Loss levels.
Open Position: Click Buy/Long if you expect a rise or Sell/Short if you anticipate a decline.
7. Monitor and Manage Your Positions
Positions Tab: View open positions, entry price, PnL, and margin ratio.
Adjust Orders: Modify or close positions as needed.
Set Alerts: Use price alerts to monitor market movements.
Understanding Leverage and Margin
Leverage allows you to control a larger position with less capital. For example, 10x leverage
means you can trade $1,000 with just $100.
Margin is the amount of funds required to open and maintain a leveraged position.
Note: Higher leverage increases potential profits but also amplifies risks.
Risks and Considerations
● - Liquidation Risk: Positions may be liquidated if margin falls below maintenance level.
● - Market Volatility: Crypto markets are highly volatile; prices can change rapidly.
● - Leverage Risk: Using high leverage can result in significant losses.
Potential Benefits
● Profit in Any Market Direction: Ability to go long or short.
● Capital Efficiency: Leverage enables larger exposure with less capital.
● -Hedging: Futures can hedge against spot positions.
Practice with Binance Futures Testnet
Before trading with real funds, practice on the Binance Futures Testnet to develop your
strategies.
Additional Resources[Binance Futures Trading Guide](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)Binance Futures FAQ[The Ultimate Guide to Trading on Binance Futures](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)
@Daniel Zou (DZ) 🔶
#newbie #TrumpVsPowell #CryptoMarketCapBackTo$3T #MarketRebound #BinanceAlphaAlert
Binance Futures allows you to trade cryptocurrency contracts without owning the actual assets. You can speculate on the price movement of cryptocurrencies going long if you anticipate a price increase or short if you expect a decrease.
Key Features:
● - Leverage: Amplify your trading position up to 125x.
● - Perpetual Contracts: No expiration date.
● - USDT-Margined Futures: Settled in USDT.
● - COIN-Margined Futures: Settled in the underlying cryptocurrency.
Step-by-Step Guide to Start Futures Trading on Binance
1. Create and Verify Your Binance Account
Sign Up: Visit Binance and register using your email or phone number.
Click here to learn step by step to Create account
KYC Verification: Complete identity verification by submitting the required documents.
Enable 2FA: Set up Two-Factor Authentication for enhanced security.
Click here to learn step by step to complete 2FA
2. Activate Binance Futures
Navigate to Futures: Hover over [Derivatives] on the top menu and select USDⓈ-M Futures.
Open Futures Account: Click on [Open Now] to activate your Futures account.
3. Transfer Funds to Your Futures Wallet
Access Wallet: Go to [Wallet] > [Futures].
Transfer Funds: Click on [Transfer], choose the asset (e.g., USDT), specify the amount, and confirm the transfer.
4. Understand the Futures Trading Interface
Familiarize yourself with the key components:
● Price Chart: View real-time price movements.
● Order Book: See current buy and sell orders.
● Order Entry Panel: Place your trades.
● Positions Panel: Monitor your open positions.
5. Set Your Leverage
Adjust Leverage: Click on the current leverage to open the Adjust Leverage window.
Select Leverage: Use the slider or input box to set your desired leverage, then click Confirm.
6. Place Your First Trade
Choose Contract: Select the trading pair (e.g., BTC/USDT).
Select Order Type: Choose between Market, Limit, or Stop-Limit orders.
Enter Details: Specify the order price, quantity, and set Take-Profit and Stop-Loss levels.
Open Position: Click Buy/Long if you expect a rise or Sell/Short if you anticipate a decline.
7. Monitor and Manage Your Positions
Positions Tab: View open positions, entry price, PnL, and margin ratio.
Adjust Orders: Modify or close positions as needed.
Set Alerts: Use price alerts to monitor market movements.
Understanding Leverage and Margin
Leverage allows you to control a larger position with less capital. For example, 10x leverage
means you can trade $1,000 with just $100.
Margin is the amount of funds required to open and maintain a leveraged position.
Note: Higher leverage increases potential profits but also amplifies risks.
Risks and Considerations
● - Liquidation Risk: Positions may be liquidated if margin falls below maintenance level.
● - Market Volatility: Crypto markets are highly volatile; prices can change rapidly.
● - Leverage Risk: Using high leverage can result in significant losses.
Potential Benefits
● Profit in Any Market Direction: Ability to go long or short.
● Capital Efficiency: Leverage enables larger exposure with less capital.
● -Hedging: Futures can hedge against spot positions.
Practice with Binance Futures Testnet
Before trading with real funds, practice on the Binance Futures Testnet to develop your
strategies.
Additional Resources[Binance Futures Trading Guide](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)Binance Futures FAQ[The Ultimate Guide to Trading on Binance Futures](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)
@Daniel Zou (DZ) 🔶
#newbie #TrumpVsPowell #CryptoMarketCapBackTo$3T #MarketRebound #BinanceAlphaAlert
NEWBIE TRADING
شارك واربح partner And profit 💯💲💲
CHALLENGE
Trade USDO-M Futures and Win Your
Share of 50,000 USDT!
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#newbie
NEWBIE TRADING
CHALLENGE
Trade USDO-M Futures and Win Your
Share of 50,000 USDT!
شارك واربح partner And profit 💯💲💲
CHALLENGE
Trade USDO-M Futures and Win Your
Share of 50,000 USDT!
انضم المهمه ♥
#newbie
NEWBIE TRADING
CHALLENGE
Trade USDO-M Futures and Win Your
Share of 50,000 USDT!
Understanding Binance Spot Trading for Beginners
If you’ve just stepped into the world of cryptocurrency, chances are you’ve heard of “spot trading” on Binance, what does it really mean, and how can you get started without feeling overwhelmed? Let’s break it down into simple, practical steps.
What Is Spot Trading?
Spot trading is the most basic and widely used method of buying and selling crypto. It means you’re purchasing a digital asset like Bitcoin, Ethereum, or any altcoin at its current market price and receiving it instantly in your wallet. Unlike futures or margin trading, there’s no borrowing or betting involved. It’s straightforward: you buy, you own.
Why Choose Binance for Spot Trading?
Binance is the world’s largest crypto exchange by trading volume. With over 350+ coins listed, competitive trading fees (as low as 0.1%), and a user-friendly interface, it’s an ideal platform for
beginners to start their crypto journey.
Here’s what makes Binance spot trading a great choice:
● Low Fees: Reduce even more if you pay using BNB (Binance Coin).
● High Liquidity: Orders get filled faster at better prices.
● Secure Platform: Proven track record with advanced security protocols.
● Mobile-Friendly: Trade on the go with the Binance app.
How Spot Trading Works on Binance
Think of Binance as a big digital marketplace. You go in, choose the crypto you want, and buy it using another coin or fiat (like USDT or BUSD). Here’s how to do it:
1. Create a Binance Account: Register and verify your identity (KYC).
2. Deposit Funds: Add crypto or fiat (via bank, P2P, card).
3. Go to Spot Market: Select the “Trade” tab, then “Spot”.
4. Choose a Trading Pair: For example, BTC/USDT or ETH/BUSD.
5. Place Your Order:
○ Market Order – Buy instantly at current price.
○ Limit Order – Set your preferred price, wait till it hits.
○ Stop-Limit – Useful for stop-loss or take-profit strategies.
Once your order is filled, the crypto lands in your Spot Wallet no waiting, no complications.
Tips for Beginners
● Start Small: Trade small amounts while learning how the market moves.
● Use Limit Orders: Avoid slippage and get better control over entry/exit prices.
● Watch Trading Volume: Higher volume usually means better price stability.
● Never Chase FOMO: Let your trades be based on logic, not hype.
● Stay Updated: Follow market news, events, and Binance announcements.
For most beginners, spot trading is the safest and most transparent way to begin learning how markets work.
Final Thoughts
Binance Spot Trading is the gateway for millions into the crypto world. It’s simple, fast, and gives you real ownership of your assets. Whether you’re holding for the long term or actively trading small moves, it’s the perfect starting point for anyone stepping into crypto. Once you’ve mastered the basics here, you can explore more advanced strategies like staking, farming, and even futures—but spot trading is where the journey begins. Ready to try it? Open your Binance account and start your first trade today.
For more details
Chapter no 1 Binance Your Gateway to Crypto Starts Here Sign Up!Chapter no 2 Worried About Your Crypto? Secure Your Binance Account with 2FA – Step-by-Step Beginner's Guide
#newbie #BinanceHODLerHYPER #BinanceAlphaAlert #USChinaTensions #BTCRebound
What Is Spot Trading?
Spot trading is the most basic and widely used method of buying and selling crypto. It means you’re purchasing a digital asset like Bitcoin, Ethereum, or any altcoin at its current market price and receiving it instantly in your wallet. Unlike futures or margin trading, there’s no borrowing or betting involved. It’s straightforward: you buy, you own.
Why Choose Binance for Spot Trading?
Binance is the world’s largest crypto exchange by trading volume. With over 350+ coins listed, competitive trading fees (as low as 0.1%), and a user-friendly interface, it’s an ideal platform for
beginners to start their crypto journey.
Here’s what makes Binance spot trading a great choice:
● Low Fees: Reduce even more if you pay using BNB (Binance Coin).
● High Liquidity: Orders get filled faster at better prices.
● Secure Platform: Proven track record with advanced security protocols.
● Mobile-Friendly: Trade on the go with the Binance app.
How Spot Trading Works on Binance
Think of Binance as a big digital marketplace. You go in, choose the crypto you want, and buy it using another coin or fiat (like USDT or BUSD). Here’s how to do it:
1. Create a Binance Account: Register and verify your identity (KYC).
2. Deposit Funds: Add crypto or fiat (via bank, P2P, card).
3. Go to Spot Market: Select the “Trade” tab, then “Spot”.
4. Choose a Trading Pair: For example, BTC/USDT or ETH/BUSD.
5. Place Your Order:
○ Market Order – Buy instantly at current price.
○ Limit Order – Set your preferred price, wait till it hits.
○ Stop-Limit – Useful for stop-loss or take-profit strategies.
Once your order is filled, the crypto lands in your Spot Wallet no waiting, no complications.
Tips for Beginners
● Start Small: Trade small amounts while learning how the market moves.
● Use Limit Orders: Avoid slippage and get better control over entry/exit prices.
● Watch Trading Volume: Higher volume usually means better price stability.
● Never Chase FOMO: Let your trades be based on logic, not hype.
● Stay Updated: Follow market news, events, and Binance announcements.
For most beginners, spot trading is the safest and most transparent way to begin learning how markets work.
Final Thoughts
Binance Spot Trading is the gateway for millions into the crypto world. It’s simple, fast, and gives you real ownership of your assets. Whether you’re holding for the long term or actively trading small moves, it’s the perfect starting point for anyone stepping into crypto. Once you’ve mastered the basics here, you can explore more advanced strategies like staking, farming, and even futures—but spot trading is where the journey begins. Ready to try it? Open your Binance account and start your first trade today.
For more details
Chapter no 1 Binance Your Gateway to Crypto Starts Here Sign Up!Chapter no 2 Worried About Your Crypto? Secure Your Binance Account with 2FA – Step-by-Step Beginner's Guide
#newbie #BinanceHODLerHYPER #BinanceAlphaAlert #USChinaTensions #BTCRebound
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#Floki is once again trending on X! 🔥
This time, trending together with $PEPE, ETH ETF, $GMC and $AMC.
This trend comes after the Floki DAO passed a pivotal vote to burn over 15 billion FLOKI tokens.
The excitement continues as $FLOKI solidifies its position as a major player in the crypto world! $FLOKI #newbie #ETH
This time, trending together with $PEPE, ETH ETF, $GMC and $AMC.
This trend comes after the Floki DAO passed a pivotal vote to burn over 15 billion FLOKI tokens.
The excitement continues as $FLOKI solidifies its position as a major player in the crypto world! $FLOKI #newbie #ETH
Bitcoin Price Predictions for December 31, 2024
Based on the context provided, here’s some summary of the Bitcoin price predictions for the end of 2024:
General Consensus:
Predictions for Bitcoin's price by the end of 2024 range from $124,000 to $150,000.
Some analysts suggest a more conservative estimate, with a forecast indicating a price of $101,386.62, reflecting a 6.46% increase.
Market Sentiment:
There is a strong belief that Bitcoin will end the year higher than its current levels, with targets around $150,000 being discussed.
Prediction markets show a 72% chance that Bitcoin will reach $95,000 by November, with lower probabilities for higher targets like $105,000 (23%) and $110,000 (14%).
Expert Opinions:
Tom Lee from Fundstrat Global Advisors has been optimistic, suggesting that Bitcoin could hit $150,000 by year-end, although he acknowledges that this may be less likely with limited time left in the year.
Other analysts, like Quinn Thompson from Lekker Capital, express confidence that Bitcoin could reach $100,000 soon, possibly by the end of December.
Current Market Status:
As of late December 2024, Bitcoin has been fluctuating around the $100,000 mark, with some reports indicating it has recently surged back to this level after a period of volatility.
Conclusion
The predictions for Bitcoin's price at the end of 2024 are optimistic, with many analysts and prediction markets suggesting significant increases. However, the actual outcome will depend on various market factors and investor sentiment as the year concludes.
If you have any further questions or need additional information, feel free to ask!
@Mondana Foundations Assumed As of December 30, 2024, several key developments have significantly influenced Bitcoin's price, which has seen remarkable fluctuations throughout the month. Here’s a summary of the most impactful news:
1. Price Surge and Historical Context
All-Time High: Bitcoin reached an all-time high of $103,647 on December 5, 2024, following the reelection of former President Donald Trump. This marked a significant increase from around $70,000 prior to the election.
Current Price: As of December 28, 2024, Bitcoin's price was $95,163.93, reflecting some volatility after the peak.
2. Political Influence
Trump's Reelection: The election of Donald Trump has been a catalyst for Bitcoin's price rally, with promises of a more crypto-friendly regulatory environment. His administration's anticipated changes, including the nomination of Paul Atkins as SEC chair, have fueled investor optimism.
Regulatory Changes: Trump's administration is expected to ease regulations on cryptocurrencies, which has led to increased investor confidence and participation in the market.
3. Market Predictions
Short-Term Peaks: Research firm K33 predicts that Bitcoin could reach a peak around mid-January 2025, potentially hitting prices between $146,000 and $212,500 based on historical cycles and market capitalization growth.
Potential Corrections: Analysts warn of possible corrections in late January to February, with expected declines ranging from 15% to 30% before another potential bull run.
4. Institutional Adoption
Growing Interest: There is a notable increase in institutional adoption of #Bitcoin, which is expected to continue driving demand. This trend is supported by the approval of spot #Bitcoin ETFs earlier in the year, making it easier for mainstream investors to access Bitcoin.
5. Cautionary Notes
Volatility Warning: Despite the bullish sentiment, experts caution investors about Bitcoin's historical volatility. Significant price drops have occurred in the past, and maintaining a disciplined investment strategy is advised.
Investment Strategy: Financial advisors recommend limiting cryptocurrency exposure to 5% of an investment portfolio to manage risk effectively. ( #BTC )
@Mondana Foundations a #Newbie The combination of political developments, market predictions, and institutional interest has created a dynamic environment for Bitcoin in December 2024. While the outlook remains optimistic, the inherent volatility of cryptocurrencies necessitates a cautious approach for investors.
General Consensus:
Predictions for Bitcoin's price by the end of 2024 range from $124,000 to $150,000.
Some analysts suggest a more conservative estimate, with a forecast indicating a price of $101,386.62, reflecting a 6.46% increase.
Market Sentiment:
There is a strong belief that Bitcoin will end the year higher than its current levels, with targets around $150,000 being discussed.
Prediction markets show a 72% chance that Bitcoin will reach $95,000 by November, with lower probabilities for higher targets like $105,000 (23%) and $110,000 (14%).
Expert Opinions:
Tom Lee from Fundstrat Global Advisors has been optimistic, suggesting that Bitcoin could hit $150,000 by year-end, although he acknowledges that this may be less likely with limited time left in the year.
Other analysts, like Quinn Thompson from Lekker Capital, express confidence that Bitcoin could reach $100,000 soon, possibly by the end of December.
Current Market Status:
As of late December 2024, Bitcoin has been fluctuating around the $100,000 mark, with some reports indicating it has recently surged back to this level after a period of volatility.
Conclusion
The predictions for Bitcoin's price at the end of 2024 are optimistic, with many analysts and prediction markets suggesting significant increases. However, the actual outcome will depend on various market factors and investor sentiment as the year concludes.
If you have any further questions or need additional information, feel free to ask!
@Mondana Foundations Assumed As of December 30, 2024, several key developments have significantly influenced Bitcoin's price, which has seen remarkable fluctuations throughout the month. Here’s a summary of the most impactful news:
1. Price Surge and Historical Context
All-Time High: Bitcoin reached an all-time high of $103,647 on December 5, 2024, following the reelection of former President Donald Trump. This marked a significant increase from around $70,000 prior to the election.
Current Price: As of December 28, 2024, Bitcoin's price was $95,163.93, reflecting some volatility after the peak.
2. Political Influence
Trump's Reelection: The election of Donald Trump has been a catalyst for Bitcoin's price rally, with promises of a more crypto-friendly regulatory environment. His administration's anticipated changes, including the nomination of Paul Atkins as SEC chair, have fueled investor optimism.
Regulatory Changes: Trump's administration is expected to ease regulations on cryptocurrencies, which has led to increased investor confidence and participation in the market.
3. Market Predictions
Short-Term Peaks: Research firm K33 predicts that Bitcoin could reach a peak around mid-January 2025, potentially hitting prices between $146,000 and $212,500 based on historical cycles and market capitalization growth.
Potential Corrections: Analysts warn of possible corrections in late January to February, with expected declines ranging from 15% to 30% before another potential bull run.
4. Institutional Adoption
Growing Interest: There is a notable increase in institutional adoption of #Bitcoin, which is expected to continue driving demand. This trend is supported by the approval of spot #Bitcoin ETFs earlier in the year, making it easier for mainstream investors to access Bitcoin.
5. Cautionary Notes
Volatility Warning: Despite the bullish sentiment, experts caution investors about Bitcoin's historical volatility. Significant price drops have occurred in the past, and maintaining a disciplined investment strategy is advised.
Investment Strategy: Financial advisors recommend limiting cryptocurrency exposure to 5% of an investment portfolio to manage risk effectively. ( #BTC )
@Mondana Foundations a #Newbie The combination of political developments, market predictions, and institutional interest has created a dynamic environment for Bitcoin in December 2024. While the outlook remains optimistic, the inherent volatility of cryptocurrencies necessitates a cautious approach for investors.
Newbie Spot VS Future in simple language
Let's say :
A. You have $FDUSD only
B. You are investing in $BTC / $FDUSD pair
So, let's compare
Spot = FDUSD in spot wallet
Future = FDUSD in future wallet
+++++
Spot = You can only BUY BTC
Future = You can BUY or SELL BTC
+++++
Spot = Leverage is X1
Future = Leverage is optional from 1X up to 50X
example:
In 1X, price up/down of 0.01 FDUSD equals profit/loss of 0.01 FDUSD
In 10X, price up/down of 0.01 FDUSD equals profit/loss of 0.1 FDUSD
In 1X, price up/down of 19 FDUSD equals profit/loss of 19 FDUSD
In 20X, price up/down of 19 FDUSD equals profit/loss of 380 FDUSD
+++++
Spot = you do not have to sell the BTC you bought.
Future = you make a contract to settle/close your position using the FDUSD in your future wallet. You will be liquidated when the price moves against your position, and the total of your loss is equals to all the FDUSD in your future wallet. Meaning you then have 0 FDUSD in your future wallet.
CMIIW and as always DYOR
#future #spot #newbie #write2earn
Let's say :
A. You have $FDUSD only
B. You are investing in $BTC / $FDUSD pair
So, let's compare
Spot = FDUSD in spot wallet
Future = FDUSD in future wallet
+++++
Spot = You can only BUY BTC
Future = You can BUY or SELL BTC
+++++
Spot = Leverage is X1
Future = Leverage is optional from 1X up to 50X
example:
In 1X, price up/down of 0.01 FDUSD equals profit/loss of 0.01 FDUSD
In 10X, price up/down of 0.01 FDUSD equals profit/loss of 0.1 FDUSD
In 1X, price up/down of 19 FDUSD equals profit/loss of 19 FDUSD
In 20X, price up/down of 19 FDUSD equals profit/loss of 380 FDUSD
+++++
Spot = you do not have to sell the BTC you bought.
Future = you make a contract to settle/close your position using the FDUSD in your future wallet. You will be liquidated when the price moves against your position, and the total of your loss is equals to all the FDUSD in your future wallet. Meaning you then have 0 FDUSD in your future wallet.
CMIIW and as always DYOR
#future #spot #newbie #write2earn
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