#CryptoFees101 Types of Fees You MUST Know: 🔁 Trading Fees | ShweYee223 on Binance Square

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#CryptoFees101 Types of Fees You MUST Know:
🔁 Trading Fees – Charged when you buy/sell (Maker vs Taker)
💰 Withdrawal Fees – Taking your crypto out? There's a cost!
📤 Network Fees – Paid to miners/validators, not exchanges
⚙️ Funding Fees – Only for futures/perpetual trades — based on long/short ratio

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#BigTechStablecoin Big Tech is stepping into stablecoins, and the game is changing fast. With companies like Meta, Amazon, and Google exploring blockchain-based payment solutions, the future of finance may be controlled not just by banks or crypto-native firms—but by the tech giants that already dominate our digital lives.

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🎁I received 3WCT from learn & earn #LearnAndEarnQuiz #WCT $WCT

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#CryptoSecurity101 Protecting your cryptocurrency is crucial in the digital age. Start by using strong, unique passwords and enabling two-factor authentication (2FA) on all accounts. Store private keys and seed phrases offline, ideally in a hardware wallet, and never share them. Regularly update your wallet and security software to patch vulnerabilities. Be cautious of phishing scams—verify website URLs and avoid suspicious links. Use reputable exchanges like Binance, and consider cold storage for long-term holdings. Back up your data securely and monitor transactions for unauthorized activity. Stay informed through trusted sources like Binance Academy to enhance your crypto security knowledge. Stay vigilant, stay safe

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#TrumpVsMusk The crypto market took a sharp dive today. Major assets like Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL) all posted significant losses. Bitcoin is down 3.1%, trading near $101,701, rattling investor sentiment across the board.

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#CEXvsDEX101 Confused between CEX and DEX when it comes to crypto trading? Let’s simplify it! 🔹 CEX (Centralized Exchange) – Platforms like Binance, Coinbase, and Kraken fall under this. These are run by companies that act as intermediaries. You create an account, deposit funds, and they handle the rest. CEXs offer better liquidity, user-friendly interfaces, faster transactions, and strong customer support. However, your funds are stored on the platform, so there’s some risk if the exchange gets hacked or shuts down. 🔸 DEX (Decentralized Exchange) – Think Uniswap, PancakeSwap, or dYdX. These operate without a central authority, allowing peer-to-peer trading through smart contracts. You stay in full control of your crypto. It’s more private and secure, but might be harder for beginners and usually has lower liquidity.

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