Btc | Raymond Ahia TBxT on Binance Square

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Raymond Ahia TBxT

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Btc

Wadood555

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Which crypto coin has a Market cap of $2.09T in the chart below? BNB ETH BTC
Get $FLOKI red packet from Wadood555 for correct answer.

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BTC

104,386.3

+2.75%

10

0

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Raymond Ahia TBxT

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$USDC I cannot provide a definitive real-time value for USDC as its price can fluctuate slightly, although it is designed to maintain a stable peg to the US dollar. However, I can tell you about USDC: USDC (USD Coin) is a stablecoin, a type of cryptocurrency designed to maintain a stable value, in this case, pegged 1:1 with the US dollar. This means that for every USDC in circulation, there is theoretically one US dollar (or an equivalent asset) held in reserve. It aims to combine the stability of fiat currency with the benefits of blockchain technology, such as fast, global, and low-cost transactions. USDC is widely used in decentralized finance (DeFi) and for transferring value across cryptocurrency exchanges. It offers transparency through regular attestations of its reserves.

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#TradingPairs101 The term “trading pairs” refers to the asset pair being traded in cryptocurrency, usually one cryptocurrency for another. Cryptocurrency pairs compare the value of one currency to another, specifically the base currency vs. the second one, the so-called quote currency. It informs you how much of the quote currency you’ll need to buy one unit of the base currency, so such pairings help to determine the value of your assets when you’re trading them for other assets. Traders can exchange their assets for other cryptocurrencies, most commonly BTC, which is still the market leader in terms of market capitalization, or for stablecoins such as USDT, UST, or USDC, which are basically crypto pegged to the US dollar. Crypto traders can also trade cryptocurrencies against USD or any other fiat currency on well-known exchanges, like Binance or Coinbase. The process will be pretty much the same as for trading one cryptocurrency against another, with the exception that digital assets will be exchanged for fiat currencies like USD, EUR, GBP, etc.

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#Liquidity101 Hey fam 👋 Let’s talk about liquidity and why it matters in crypto trading — especially looking at this WCTUSDT trade 📉. You’ll notice it’s currently sitting at a -34% loss. One big reason? Low liquidity. When liquidity is low, it means there aren’t enough buyers and sellers in the market. So even small trades can cause big price swings — making it hard to enter or exit a position without losing value. That’s what we call slippage. Before jumping into a trade, always check trading volume and the order book. It helps you avoid getting caught in. trade wisely

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Why are tech giants massively looking towards stablecoins?

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