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#CryptoFees101 Cryptocurrency Fees: A Basic Guide When using cryptocurrencies, you will almost always encounter fees. These fees are essential to the functioning of blockchain networks and provide incentives for the "miners" or "validators" who process and secure transactions. Main types of fees: * Transaction Fees (Gas Fees): These are the most common fees. You pay them for every transaction you make on the blockchain network (e.g. sending cryptocurrency, interacting with smart contracts). Their amount depends on the network load and the complexity of the transaction. For example, in Ethereum, they are called "gas fees". When the network is busy, fees are higher, as users compete to have their transactions included in the next block. * Exchange Fees: When you buy, sell, or trade cryptocurrencies on centralized exchanges (such as Binance, Coinbase), the exchange charges fees for its services. They can be a percentage of the transaction amount or a flat fee. There are often different fees for "makers" (those who create orders) and "takers" (those who execute orders). * Withdrawal fees: Many exchanges charge a fee when you withdraw cryptocurrency from their platform to an external wallet. Why do fees exist? * Network security: Fees incentivize miners/validators to confirm transactions, keeping the network secure and decentralized. * Spam prevention: High fees on a busy network discourage malicious actions and spam transactions that could overload it. * Infrastructure maintenance: Exchanges use the fees collected to maintain their platform, security, and customer service. Always check the current fees before making a transaction or using a service!
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#TradingMistakes101 When I took my first steps in trading, I remember that I had one thing in mind: to make money. So I sat there, meticulously watching that little bar go up and down, up and down, so I said: now is the moment! When it goes down again, I will enter at that part over there, and when it goes up to that part over there, I will sell, and that's it! I will make money! Haha, what rookie mistakes one makes when there is a lot of enthusiasm and little experience. Knowing about the business Very soon I realized that I needed to study. So I started to delve into the subject and shortly after I was watching courses from Binance, through existing documentation and experts teaching online under the platform's sponsorship. Social media also had its positive contribution, as I found a good teacher who used to give advice and teachings on how to trade, and regularly shared some of his operations so that followers could learn something about practice. Similarly, I added to my repertoire the study and analysis of publications from very well-known websites for their informative trajectory in trading, cryptocurrencies, and the blockchain ecosystem in general. All of this, among other things, took me to the next level. A lot of knowledge, experience in full development, and little learning; for it is not the same to know as to learn. But, I was on the right path, since one learns from mistakes, and that is important when paying attention to where the mistake was and how to correct it. One of the things I learned from the professor was that we must know when to stop, take a break, and breathe; it is not healthy to be permanently glued to a chart. It is necessary to take your time to think and analyze. So after being glued to the charts daily for hours, trying to decipher the enigma, I reached the point where: I had lost a certain amount of money, and as life sometimes gives us a second chance, one fine day I was pleasantly surprised to find that Binance had refunded me practically all the working capital I lost.
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#CryptoCharts101 ๐จ Shocking Chart Signals: Are South Korean Traders About to Trigger a Market Shift? ๐ฐ๐ท๐ Crypto charts donโt lie โ but most traders donโt know how to read them. Thatโs the real mistake. And with South Koreaโs strict new crypto policy taking effect, ignoring chart patterns could cost you big. South Korea is enforcing real-time wallet monitoring, centralized KYC rules, and tighter tax audits. This has led to a mass reshuffling of trading behavior โ especially in altcoins like $XRP, $DOGE, and $SAND, where Korean investors hold large volumes. ๐ Recent candlestick patterns on major trading pairs are flashing distribution zones, yet thousands of traders are still buying into the pump. That's #TradingMistakes101 in real time. These moves are showing up in volume spikes and divergence on the RSI โ classic red flags. But many retail traders are ignoring these because they donโt understand chart psychology. Thatโs why #CryptoCharts101 is no longer optional. Itโs survival. ๐ฅ One wrong move in this volatile Korean-led market wave, and you could be exit liquidity. Key takeaway? Donโt just follow hype. Learn to read what the charts are really saying โ especially when a national policy is involved. The next breakout or breakdown could come from Asia. Will you be on the right side of the trade?
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#SouthKoreaCryptoPolicy South Korea is preparing for a radical change in its cryptocurrency policies. The new administration is supporting spot ETFs while also opening the door to institutional investors. In addition, tax regulations and KYC controls are being tightened. ๐ฏ Cryptocurrency is now at the center of not only individual investors but also government policy. Could these steps redefine Asia's crypto capital?
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$USDC The absolute latest and most significant news regarding USDC revolves around its issuer, Circle Internet Financial, going public on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL" on June 5, 2025. Here's a summary of the key takeaways: Successful IPO Debut: Circle's IPO was a major success, with shares opening well above their initial price and soaring in their first day of trading. This reflects strong investor demand and mainstream interest in the stablecoin sector. Significant Capital Raised: Circle raised approximately $1.05 billion by selling 34 million shares at $31 each, valuing the company initially at around $6.8 billion, with a fully diluted valuation potentially reaching $8.1 billion. Validation for Stablecoins and Crypto Infrastructure: This IPO is seen as a significant milestone for the broader crypto industry, particularly for companies building essential infrastructure like stablecoins. It demonstrates that crypto-related businesses with stable models and transparent operations can attract capital from traditional financial markets. Focus on Payments and Regulatory Compliance: Circle's CEO, Jeremy Allaire, emphasized that USDC is much more than a "poker chip in a crypto casino," highlighting its role in "dollar settlement at world scale" and its operational presence across nearly 20 blockchains. Circle has also been proactive in embracing regulatory frameworks like MiCA in Europe and being the first to get regulated access in markets like Japan and the UAE.
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