Write and Win
1. Daily verification
- Visit Binance Square Official at 08:00 UTC to learn about today's topic (like #OrderTypes101).
- Read the prompt carefully to align your post with the topic.
2. Create the post
- Content: Share authentic insights, personal experiences, or actionable tips.
- Length: At least 100 characters (try to write two to three concise paragraphs).
- Hashtag: Only use the specified topic hashtag (like #CryptoSecurity101).
3. Engage with the community
- Respond to others' posts to increase visibility.
- Use clear examples (like charts for #CryptoCharts101).
### Quick Summary of Topics
1. #TradingTypes101
- Spot Exchange: Instant buying/selling (like buying BTC for USDT).
- Margin: Using borrowed funds for leveraged trades (higher risk/return).
- Futures: Contracts to buy/sell at a future price (for hedging or speculation).
2. #CEXvsDEX101
- Centralized Exchange (CEX) like Binance: Faster, high liquidity, but assets are under the platform's custody.
- Decentralized Exchange (DEX) like Uniswap: Non-custodial, transparent, but slower.
3. #OrderTypes101
- Limit Order: Set the price you want (like buying ETH at $3000).
- Stop-Loss Order: Automatically sells if the price drops (risk management).
4. #Liquidity101
- High liquidity = tight spreads + faster execution.
- Low liquidity = price slippage (like meme coins).
5. #TradingPairs101
- Major Pairs (BTC/USDT) vs Altcoin Pairs (SOL/ETH).
- Choose pairs that fit your strategy (like volatility vs stability).
6. #CryptoSecurity101
- Hot Wallet: Suitable for trading but vulnerable to hacking.
- Cold Wallet: Safe for long-term storage (like hardware wallets).
7. #CryptoFees101
- Trading Fees: Vary between providers (discounted based on trading volume on Binance).
- Network Fees: Like Ethereum fees when transferring.
8. #TradingMistakes101
- Avoid emotional speculation or ignoring stop-loss.
- Tips for beginners: Start small, learn from mistakes.
9. #CryptoCharts101
- Candlestick patterns: Like "Hammer" (bullish signal) or "Hanging Man" (bearish).
- Use support/resistance to determine entry/exit points.
10. #TradingTools101
- RSI: An indicator with ratios to determine overbought/sold conditions (above 70 = overbought).
- MACD: Shows momentum changes and trends.
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### Additional Tips
- Be original: Avoid copying, share your personal experiences.
- Use media: Add images or charts to enhance the post.
- Interaction: The more you interact, the greater your chances of earning points.
Activity period: May 29 to June 12, 2025 (08:00 UTC).
Start participating today and enhance your cryptocurrency trading skills while earning **Binance Points*
#CryptoSecurity101#
