New to this? You can consider these concepts

Cryptocurrency

It is digital money that does not depend on governments or banks. It is transferred from person to person over the internet and operates with blockchain technology. Examples: Bitcoin (BTC), Ethereum (ETH), BNB, etc.

Blockchain

It is like a digital, public, and secure ledger. It records every transaction made with cryptocurrencies. Once something is recorded on the blockchain, it cannot be modified or deleted. Total transparency!

Staking

It is a way to earn rewards with your cryptocurrencies without having to sell them. You simply keep them locked to help maintain the network's security, and in return, you receive an annual percentage. Binance makes it easy with one click.

Volatility

It means that prices change very quickly. Today a crypto can rise by 10% and tomorrow drop by 15%. That's why it's key to have patience, risk management, and not to invest impulsively.

DYOR (Do Your Own Research)

It means: do your own research. Don’t blindly follow what they say on social media. Read, learn, analyze before investing. Binance Academy is a reliable source to get started.

If you understand these five concepts, you already have a solid foundation to start trading responsibly.

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