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#EDGENLiveOnAlpha The hashtag #EDGENLiveOnAlpha marks the official launch of LayerEdge (EDGEN) on Binance Alpha, which took place today, June 2, 2025. Here's a concise overview of this development: --- 🚀 What is LayerEdge (EDGEN)? LayerEdge is a decentralized network that integrates Bitcoin's security with scalable, zero-knowledge (zk) verification. Key features include: edgenOS: A lightweight operating system enabling users to run light nodes on everyday devices. zk Cryptography: Utilizes zero-knowledge proofs for secure and private transactions. Bitcoin Anchoring: Each block is secured via Bitcoin’s consensus mechanism. The native token, EDGEN, powers the network's operations, including governance, node incentives, and ecosystem development. --- 📈 EDGEN Token Launch Details Trading Platforms: EDGEN is now live on Binance Alpha, with listings also on Gate, KuCoin, and MEXC. Initial Price: Approximately $0.7101, though prices may vary due to early trading volatility. Airdrop: Eligible Binance Alpha users can claim 1,111 EDGEN tokens (~$35) by redeeming Alpha Points. --- 🧠 EDGEN Tokenomics Snapshot Total Supply: 1,000,000,000 EDGEN Allocation: Community (Airdrops, Events): 46% Core Contributors: 22% Ecosystem & R&D: 15% Foundation Reserve: 12% Early Backers: 5% Note: Only a portion of the community allocation is currently in circulation, with the rest to be distributed through future events and rewards. --- 🔗 How to Participate To engage with the EDGEN ecosystem: 1. Claim Airdrop: Visit the Binance Alpha event page to redeem your Alpha Points for EDGEN tokens. 2. Run a Node: Install edgenOS on compatible devices to contribute to network verification and earn rewards. 3. Provide Liquidity: Participate in liquidity rounds for potential discounts and ecosystem incentives. --- 📊 Current Market Data Price: ~$0.0203 USD 24h Trading Volume: ~$20.8 million Market Cap: ~$3.57 million Circulating Supply: 176 million EDGEN Max Supply: 1 billion EDGEN For more airdrop, visit the #Binance Alpha

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#CEXvsDEX101 CEX vs DEX 101 – Here's a basic primer on Centralized Exchanges (CEXs) vs Decentralized Exchanges (DEXs) in crypto: --- 🔷 What is a CEX (Centralized Exchange)? Examples: Binance, Coinbase, Kraken, Bybit Definition: A centralized platform run by a company that matches buyers and sellers of crypto. ✅ Pros: User-friendly: Easy for beginners. High liquidity: Fast trading with minimal slippage. Fiat support: Buy crypto with USD, EUR, etc. Customer support: Assistance if something goes wrong. ❌ Cons: Custodial: They control your crypto ("not your keys, not your coins"). KYC/AML: Identity verification usually required. Security risk: Target for hacks due to centralized control. --- 🔷 What is a DEX (Decentralized Exchange)? Examples: Uniswap, PancakeSwap, dYdX, GMX Definition: A non-custodial platform that uses smart contracts to let users trade directly from their wallets. ✅ Pros: Non-custodial: You control your funds (wallet-to-wallet). Privacy: Usually no KYC. Open & permissionless: Anyone can use it. Access to new tokens: Early-stage or obscure tokens often launch here first. ❌ Cons: Less user-friendly: Requires basic crypto knowledge. Lower liquidity: Especially for small tokens. Gas fees: You pay for transactions on-chain. No customer support: You're on your own if you mess up. --- 🔁 Summary Table: Feature CEX DEX Custody Exchange holds your funds You hold your funds KYC Required Usually Yes Usually No Speed Fast Depends on network Security Risk Higher (target for hackers) Lower (you control funds) Token Access Limited Broad, including new tokens Fiat On-Ramp Yes No (usually crypto-only)

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#SpotTradingSuccess Spot trading on Binance is the simplest and most beginner-friendly way to buy and sell cryptocurrencies. You're directly buying the asset (like Bitcoin, Ethereum, etc.) and owning it until you sell it. Here's a step-by-step guide to get started: ✅ What is Spot Trading? In spot trading, you: Buy crypto at the current market price (called the spot price). Own the actual crypto in your Binance wallet. Can sell it anytime to realize profit or cut losses. 🧭 Step-by-Step: How to Spot Trade on Binance 1. Create and Verify Your Binance Account Go to binance.com Sign up and complete KYC verification (upload ID). Enable 2FA (e.g., Google Authenticator) for security. 2. Deposit Funds You can deposit: Crypto from another wallet Fiat (like USD, EUR, etc.) via card, bank transfer, or P2P 3. Go to the Spot Market On the Binance homepage: Click [Trade] > [Spot] You’ll see the trading interface: Chart (price graph) Order Book (live buy/sell orders) Buy/Sell panel (where you place orders) 4. Choose a Trading Pair For example: BTC/USDT, ETH/USDT, BNB/USDT If you deposited USDT, look for pairs ending in /USDT 5. Place an Order There are 3 main types of orders: TypeWhat it DoesBest ForMarketBuys/Sells instantly at current market priceSpeedLimitBuys/Sells at a specific price you setPrecisionStop-LimitTriggers a limit order once a price is hitRisk management (stop-loss) ✅ Beginner tip: Start with Market Order to avoid confusion. 6. Monitor and Sell When your coin's price goes up, you can sell to take profits. Use Limit Sell to set a higher price target. Or use Stop-Limit to protect against losses. 💡 Example You deposit $100 USDT and buy ETH at $3,000: ETH rises to $3,300 → you sell → profit = $30 ETH drops to $2,800 → you sell → loss = $20 📊 Tools to Help You Trade Smarter TradingView charts (built into Binance) Indicators like RSI, MACD, Moving Averages Binance Academy: Learn how to read charts and patterns ⚠️ Tips for Beginners Start with top 5 coins (BTC, ETH, BNB, SOL, etc.)

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#TradingTypes101 Making money on Binance, or any cryptocurrency platform, involves understanding the tools available, managing risk, and having a clear strategy. Here are legitimate and popular ways to make money on Binance: 🔁 1. Spot Trading Buy low and sell high on the spot market. Example: Buy Bitcoin at $60,000 and sell at $65,000. Tips: Use technical analysis to find entry/exit points. Start with small amounts until you're comfortable. 📈 2. Futures Trading (High Risk) Trade contracts that let you bet on whether a coin will go up or down. Leverage available (e.g., 10x, 20x), which means potential for big gains or big losses. Not for beginners. Use stop-losses to limit risk. 💰 3. Staking & Binance Earn Earn passive income by locking your crypto. Flexible or Locked Staking (e.g., ETH, BNB, ADA). Simple Earn: Low-risk, like a savings account. Auto-Invest Plans: Set recurring buys and earn yield. 💳 4. Launchpool & Launchpad Earn new tokens by staking BNB or other coins in new project launches. Binance often launches promising new coins this way. Generally low risk and free to enter. 📤 5. P2P Trading Buy/sell crypto directly with others. Can profit from arbitrage: buy low from one source, sell higher on Binance P2P. 🔄 6. Arbitrage Exploit price differences between: Binance and other exchanges. Binance spot vs futures markets. Requires: Fast execution. Sufficient capital. Low fees. 🤖 7. Using Trading Bots Automate trades with strategies like grid trading or DCA (dollar-cost averaging). Binance has built-in bots under Strategy Trading. Can be low-maintenance, but requires setup and monitoring. 🛡️ General Tips Learn first: Use Binance Academy to understand terms and tools. Use testnet for practice with futures. Security: Enable 2FA and avoid phishing sites. Start small and never invest more than you can afford to lose. Would you like help creating a beginner-friendly strategy or setting up a specific tool like staking or grid bots?

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