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BlockchainBasics

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Salma6422
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“What Is Blockchain? Explained in One Paragraph” Post: A blockchain is a digital ledger that records transactions securely and publicly. ✅ Everyone sees the data ✅ No one can change it ✅ Trust is built through math, not middlemen This is the tech behind Bitcoin, Ethereum, NFTs, and more. Think of it as a digital record-keeper for the new financial world. #LearnCrypto #BlockchainBasics
“What Is Blockchain? Explained in One Paragraph”
Post:
A blockchain is a digital ledger that records transactions securely and publicly.
✅ Everyone sees the data
✅ No one can change it
✅ Trust is built through math, not middlemen
This is the tech behind Bitcoin, Ethereum, NFTs, and more.
Think of it as a digital record-keeper for the new financial world.
#LearnCrypto #BlockchainBasics
Master Crypto in Minutes: Binance Academy” 🎓 Want to learn crypto without the confusion? Binance Academy offers free, beginner-friendly lessons on blockchain, trading, NFTs, and more. 📚 Bite-sized articles & videos 🧠 Quizzes to test your knowledge 💼 Learn at your own pace — anytime, anywhere Whether you're just starting or want to level up, Binance Academy has you covered. Start learning here 👉 academy.binance.com #BİNANCE #CryptoEducation #LearnCrypto #BlockchainBasics #BINANCEACADEMY.
Master Crypto in Minutes: Binance Academy” 🎓

Want to learn crypto without the confusion?

Binance Academy offers free, beginner-friendly lessons on blockchain, trading, NFTs, and more.

📚 Bite-sized articles & videos

🧠 Quizzes to test your knowledge

💼 Learn at your own pace — anytime, anywhere

Whether you're just starting or want to level up, Binance Academy has you covered.

Start learning here 👉 academy.binance.com

#BİNANCE #CryptoEducation #LearnCrypto #BlockchainBasics #BINANCEACADEMY.
Crypto for Beginners: 5 Things I Wish I Knew Before Investing in BlockchainNew to crypto? Learn the 5 essential things every beginner should know before investing in , , or any blockchain asset. Avoid rookie mistakes and build your confidence with this beginner-friendly guide. 1️⃣ What Is Crypto, Really? Cryptocurrency is not just digital money—it’s a new way to own value, free from banks and borders. Coins like BTC and ETH run on decentralized systems called blockchains, making them secure, transparent, and global. 2️⃣ Don’t Just “Buy and Hope” Most beginners jump in without a plan. Set clear goals: Do you want long-term gains? Are you looking for passive income (like staking)? Or short-term trading? Knowing your purpose will guide your strategy. 3️⃣ Security Is Everything If you’re not careful, you could lose it all. Use hardware wallets or trusted platforms like Binance. Enable 2FA. Never share your seed phrase. 4️⃣ Learn Before You Earn Before touching a dollar, spend 1 hour learning: What is DeFi? How do gas fees work? What is staking or liquidity mining? Educated investors win. 5️⃣ The Power of Community Follow creators, join Discords, read Binance Academy, and ask questions. The best part of crypto isn’t just profit — it’s the network you build.😀 Ready to begin your crypto journey with confidence? 👉 Open a Binance account 👉 Follow #CryptoForBeginners 👉 Join the #WriteToEarn movement and learn while you earn! 🏷️ Trending Hashtags #CryptoForBeginners #BinanceSquare #BlockchainBasics #WriteToEarn #BinanceAcademy

Crypto for Beginners: 5 Things I Wish I Knew Before Investing in Blockchain

New to crypto? Learn the 5 essential things every beginner should know before investing in , , or any blockchain asset. Avoid rookie mistakes and build your confidence with this beginner-friendly guide.
1️⃣ What Is Crypto, Really?
Cryptocurrency is not just digital money—it’s a new way to own value, free from banks and borders. Coins like BTC and ETH run on decentralized systems called blockchains, making them secure, transparent, and global.
2️⃣ Don’t Just “Buy and Hope”
Most beginners jump in without a plan. Set clear goals:
Do you want long-term gains?
Are you looking for passive income (like staking)?
Or short-term trading?
Knowing your purpose will guide your strategy.
3️⃣ Security Is Everything
If you’re not careful, you could lose it all.
Use hardware wallets or trusted platforms like Binance.
Enable 2FA.
Never share your seed phrase.
4️⃣ Learn Before You Earn
Before touching a dollar, spend 1 hour learning:
What is DeFi?
How do gas fees work?
What is staking or liquidity mining?
Educated investors win.
5️⃣ The Power of Community
Follow creators, join Discords, read Binance Academy, and ask questions. The best part of crypto isn’t just profit — it’s the network you build.😀
Ready to begin your crypto journey with confidence?
👉 Open a Binance account
👉 Follow #CryptoForBeginners
👉 Join the #WriteToEarn movement and learn while you earn!

🏷️ Trending Hashtags
#CryptoForBeginners
#BinanceSquare
#BlockchainBasics
#WriteToEarn
#BinanceAcademy
What is Gas Fee?” > Goal: Kueleza kwa lugha nyepesi maana ya gas fees katika blockchain na kwa nini hulipwa. ✅ Key points: A gas fee is the cost of using a blockchain Paid to miners/validators to process transactions Not fixed — depends on network activity Common on Ethereum, BNB Chain, etc. 📌 Analogy: “Like paying for fuel to drive your transaction across the blockchain highway.#GasFeeExplained #BlockchainBasics #AbdulCryptos
What is Gas Fee?”

> Goal: Kueleza kwa lugha nyepesi maana ya gas fees katika blockchain na kwa nini hulipwa.

✅ Key points:

A gas fee is the cost of using a blockchain

Paid to miners/validators to process transactions

Not fixed — depends on network activity

Common on Ethereum, BNB Chain, etc.

📌 Analogy:
“Like paying for fuel to drive your transaction across the blockchain highway.#GasFeeExplained #BlockchainBasics #AbdulCryptos
🪙 বিটকয়েন (BTC) – ডিজিটাল স্বর্ণ! 💰 বিটকয়েন হল বিশ্বের প্রথম ও সবচেয়ে জনপ্রিয় ক্রিপ্টোকারেন্সি। 🔒 ব্যাংক ছাড়াই নিরাপদ লেনদেন 🌍 গ্লোবাল, দ্রুত এবং সীমাহীন 📉 সীমিত সরবরাহ – সর্বোচ্চ ২১ মিলিয়ন BTC আজকের বিনিয়োগ, আগামীকালের স্বাধীনতা! 🚀 #Bitcoin #BTC #Cryptoবাংলা #DigitalGold #CryptoInvestment #BlockchainBasics $BTC
🪙 বিটকয়েন (BTC) – ডিজিটাল স্বর্ণ! 💰

বিটকয়েন হল বিশ্বের প্রথম ও সবচেয়ে জনপ্রিয় ক্রিপ্টোকারেন্সি।
🔒 ব্যাংক ছাড়াই নিরাপদ লেনদেন
🌍 গ্লোবাল, দ্রুত এবং সীমাহীন
📉 সীমিত সরবরাহ – সর্বোচ্চ ২১ মিলিয়ন BTC

আজকের বিনিয়োগ, আগামীকালের স্বাধীনতা! 🚀

#Bitcoin #BTC #Cryptoবাংলা #DigitalGold #CryptoInvestment #BlockchainBasics $BTC
Explore my portfolio mix.🪙 বিটকয়েন (BTC) – ডিজিটাল স্বর্ণ! 💰 বিটকয়েন হল বিশ্বের প্রথম ও সবচেয়ে জনপ্রিয় ক্রিপ্টোকারেন্সি। 🔒 ব্যাংক ছাড়াই নিরাপদ লেনদেন 🌍 গ্লোবাল, দ্রুত এবং সীমাহীন 📉 সীমিত সরবরাহ – সর্বোচ্চ ২১ মিলিয়ন BTC আজকের বিনিয়োগ, আগামীকালের স্বাধীনতা! 🚀 #Bitcoin #BTC #Cryptoবাংলা #DigitalGold #CryptoInvestment #BlockchainBasics
Explore my portfolio mix.🪙 বিটকয়েন (BTC) – ডিজিটাল স্বর্ণ! 💰

বিটকয়েন হল বিশ্বের প্রথম ও সবচেয়ে জনপ্রিয় ক্রিপ্টোকারেন্সি।
🔒 ব্যাংক ছাড়াই নিরাপদ লেনদেন
🌍 গ্লোবাল, দ্রুত এবং সীমাহীন
📉 সীমিত সরবরাহ – সর্বোচ্চ ২১ মিলিয়ন BTC

আজকের বিনিয়োগ, আগামীকালের স্বাধীনতা! 🚀

#Bitcoin #BTC #Cryptoবাংলা #DigitalGold #CryptoInvestment #BlockchainBasics
🔍 Still Confused About Crypto? Here’s What You Should Know First! 🚀 Crypto isn’t just hype — it’s technology, finance, and freedom packed into one revolution. 💡 Before you buy, you MUST understand: ✅ What is blockchain? ✅ How wallets & private keys work ✅ Why Bitcoin is limited to 21M ✅ The power of decentralization ✅ How to avoid scams in Web3 🛑 Don’t follow hype. Follow knowledge. 📚 I’m dropping bite-sized crypto insights regularly. 💬 Ask your questions below. I’ll answer everything — free of noise. Let’s build smarter investors. One post at a time. 🧠💥 #cryptoeducation #BinanceSquare #BlockchainBasics #CryptoWisdom #LearnCrypto {spot}(BTCUSDT) {spot}(ETHUSDT)
🔍 Still Confused About Crypto? Here’s What You Should Know First! 🚀

Crypto isn’t just hype — it’s technology, finance, and freedom packed into one revolution.

💡 Before you buy, you MUST understand:

✅ What is blockchain?

✅ How wallets & private keys work

✅ Why Bitcoin is limited to 21M

✅ The power of decentralization

✅ How to avoid scams in Web3

🛑 Don’t follow hype. Follow knowledge.

📚 I’m dropping bite-sized crypto insights regularly.

💬 Ask your questions below. I’ll answer everything — free of noise.

Let’s build smarter investors. One post at a time. 🧠💥

#cryptoeducation #BinanceSquare #BlockchainBasics #CryptoWisdom #LearnCrypto

🔶Новачок у криптовалюті? Розпочніть свою навчальну подорож з Binance Academy! 🔶 Чи ви початківець, чи хочете підвищити свої знання про криптовалюту, Binance Academy - це ваша основна платформа. Від основ блокчейну до просунутих торгових стратегій, все безкоштовно та легко зрозуміти. Чому обрати Binance Academy? 100% Безкоштовне навчання Тематики від початківця до просунутого рівня Відео, статті та тести Навчайтеся у своєму темпі Приєднуйтесь до мільйонів учнів по всьому світу та станьте крипто-розумними вже сьогодні! @Binance Academy #BinanceAcademy #SecureYourAssets #LearnCrypto #BlockchainBasics
🔶Новачок у криптовалюті? Розпочніть свою навчальну подорож з Binance Academy! 🔶
Чи ви початківець, чи хочете підвищити свої знання про криптовалюту, Binance Academy - це ваша основна платформа. Від основ блокчейну до просунутих торгових стратегій, все безкоштовно та легко зрозуміти.
Чому обрати Binance Academy?
100% Безкоштовне навчання
Тематики від початківця до просунутого рівня
Відео, статті та тести
Навчайтеся у своєму темпі
Приєднуйтесь до мільйонів учнів по всьому світу та станьте крипто-розумними вже сьогодні! @Binance Academy
#BinanceAcademy #SecureYourAssets #LearnCrypto #BlockchainBasics
#EUPrivacyCoinBan $ETH "ETH — More Than Just a Coin! Ethereum صرف ایک کرپٹو نہیں، بلکہ ایک مکمل بلاک چین پلیٹ فارم ہے جو اسمارٹ کانٹریکٹس اور ڈی سینٹرلائزڈ ایپلیکیشنز (dApps) کو سپورٹ کرتا ہے۔ یہ Web3 انقلاب کی ریڑھ کی ہڈی ہے۔ کیا آپ نے کبھی Ethereum پر بنایا ہوا کوئی پروجیکٹ استعمال کیا ہے؟" #Ethereum #ETH #CryptoEducation #BinanceW2E #Web3 #BlockchainBasics
#EUPrivacyCoinBan $ETH

"ETH — More Than Just a Coin!
Ethereum صرف ایک کرپٹو نہیں، بلکہ ایک مکمل بلاک چین پلیٹ فارم ہے جو اسمارٹ کانٹریکٹس اور ڈی سینٹرلائزڈ ایپلیکیشنز (dApps) کو سپورٹ کرتا ہے۔
یہ Web3 انقلاب کی ریڑھ کی ہڈی ہے۔
کیا آپ نے کبھی Ethereum پر بنایا ہوا کوئی پروجیکٹ استعمال کیا ہے؟"

#Ethereum #ETH #CryptoEducation #BinanceW2E #Web3 #BlockchainBasics
From confused to curious — my crypto journey is still unfolding." I didn’t start with charts or tech. I just wanted to understand why everyone was talking about Bitcoin. Now I’m learning about: Wallets & security Gas fees & networks How NFTs and DeFi really work Each day, I grow more confident. And I’m sharing so someone else out there can grow too. We rise by learning. Together. #CryptoNewbie #BinanceSquare #BlockchainBasics
From confused to curious — my crypto journey is still unfolding."

I didn’t start with charts or tech. I just wanted to understand why everyone was talking about Bitcoin.
Now I’m learning about:

Wallets & security

Gas fees & networks

How NFTs and DeFi really work

Each day, I grow more confident. And I’m sharing so someone else out there can grow too.

We rise by learning. Together.

#CryptoNewbie #BinanceSquare #BlockchainBasics
9 - What Is DeFi? – The Future of Finance Without BanksImagine sending money, earning interest, or taking a loan — all without needing a bank. That’s DeFi — short for Decentralized Finance. 💡 What Is DeFi? DeFi refers to a set of financial services built on blockchain networks, especially Ethereum, that remove the need for traditional banks or intermediaries. Using smart contracts, DeFi apps (also called dApps) let users: Lend & borrow cryptoTrade tokens (DEXs)Earn passive income through staking or yield farmingInsure assetsIssue stablecoins All this is done in a trustless, permissionless, and borderless way. 🔑 Key Benefits of DeFi: Open to anyone with a crypto walletNo need to trust a bank — everything runs via code24/7 availability, no waiting for business hoursGlobal access, regardless of location ⚠️ What Are the Risks? Smart contract bugs or hacksVolatility and price crashesNo customer service or insurance like banks 🧠 Simple Analogy: DeFi is like a robotic bank on the internet — it never sleeps, doesn’t ask for ID, and follows rules written in code. 📚 References: Binance Academy – What Is DeFi?Ethereum.org – DeFi on Ethereum #DeFi #DecentralizedFinance #CryptoForBeginners #SmartContracts #BlockchainBasics $BTC $ETH $SOL {spot}(ETHUSDT) {spot}(BTCUSDT)

9 - What Is DeFi? – The Future of Finance Without Banks

Imagine sending money, earning interest, or taking a loan — all without needing a bank.
That’s DeFi — short for Decentralized Finance.

💡 What Is DeFi?
DeFi refers to a set of financial services built on blockchain networks, especially Ethereum, that remove the need for traditional banks or intermediaries.
Using smart contracts, DeFi apps (also called dApps) let users:
Lend & borrow cryptoTrade tokens (DEXs)Earn passive income through staking or yield farmingInsure assetsIssue stablecoins
All this is done in a trustless, permissionless, and borderless way.

🔑 Key Benefits of DeFi:
Open to anyone with a crypto walletNo need to trust a bank — everything runs via code24/7 availability, no waiting for business hoursGlobal access, regardless of location

⚠️ What Are the Risks?
Smart contract bugs or hacksVolatility and price crashesNo customer service or insurance like banks

🧠 Simple Analogy:
DeFi is like a robotic bank on the internet — it never sleeps, doesn’t ask for ID, and follows rules written in code.

📚 References:
Binance Academy – What Is DeFi?Ethereum.org – DeFi on Ethereum

#DeFi #DecentralizedFinance #CryptoForBeginners #SmartContracts #BlockchainBasics $BTC $ETH $SOL
#CEXvsDEX101 Understanding the Difference Between Centralized and Decentralized Exchanges 🔍💱 📌 CEX (Centralized Exchange) ▶️ Examples: Binance, Coinbase, Kraken ✅ Pros: High liquidity Fast transaction speeds Easy-to-use interfaces Customer support ⚠️ Cons: Custodial (you don’t hold your private keys) Subject to hacks, regulations, and downtime 📌 DEX (Decentralized Exchange) ▶️ Examples: Uniswap, PancakeSwap, dYdX ✅ Pros: Non-custodial (you control your keys) Greater privacy Censorship-resistant ⚠️ Cons: Lower liquidity (depending on the asset) Higher slippage Slower for beginners 🚀 TL;DR: CEX = Convenience & speed, but less control. DEX = Freedom & control, but needs more knowledge. 💡 Choose what suits your goals and comfort with risk! #CryptoEducation #BlockchainBasics #defi {future}(BTCUSDT)
#CEXvsDEX101
Understanding the Difference Between Centralized and Decentralized Exchanges 🔍💱

📌 CEX (Centralized Exchange)
▶️ Examples: Binance, Coinbase, Kraken
✅ Pros:

High liquidity

Fast transaction speeds

Easy-to-use interfaces

Customer support
⚠️ Cons:

Custodial (you don’t hold your private keys)

Subject to hacks, regulations, and downtime

📌 DEX (Decentralized Exchange)
▶️ Examples: Uniswap, PancakeSwap, dYdX
✅ Pros:

Non-custodial (you control your keys)

Greater privacy

Censorship-resistant
⚠️ Cons:

Lower liquidity (depending on the asset)

Higher slippage

Slower for beginners

🚀 TL;DR:
CEX = Convenience & speed, but less control.
DEX = Freedom & control, but needs more knowledge.

💡 Choose what suits your goals and comfort with risk!
#CryptoEducation #BlockchainBasics #defi
#CryptoFees101 helps you understand the hidden costs behind your crypto transactions. Every time you send, swap, or trade digital assets, you're likely paying network fees (like gas fees on Ethereum) and platform or exchange fees. These fees vary based on blockchain congestion, token type, and platform used. Some blockchains offer lower fees (like Solana or Avalanche), while others can be expensive during peak times. It's important to compare platforms and understand when to transact to avoid high costs. Educating yourself on fee structures can save money and optimize your crypto strategy. Know the costs before you click "confirm." #BlockchainBasics #CryptoEducation #Web3Tips #SmartCrypto
#CryptoFees101 helps you understand the hidden costs behind your crypto transactions. Every time you send, swap, or trade digital assets, you're likely paying network fees (like gas fees on Ethereum) and platform or exchange fees. These fees vary based on blockchain congestion, token type, and platform used. Some blockchains offer lower fees (like Solana or Avalanche), while others can be expensive during peak times. It's important to compare platforms and understand when to transact to avoid high costs. Educating yourself on fee structures can save money and optimize your crypto strategy. Know the costs before you click "confirm."
#BlockchainBasics #CryptoEducation #Web3Tips #SmartCrypto
#CryptoFees101 Crypto Fees 101: What You Need to Know Before You Trade Whether you're a seasoned investor or just bought your first bit of Bitcoin, understanding crypto fees is essential to avoid surprises and protect your gains. Here's a quick breakdown: 💸 1. Transaction Fees Blockchain Network Fees (a.k.a. gas fees): These are paid to miners or validators to process your transaction. Bitcoin: Fees fluctuate based on network congestion. Ethereum: Gas fees can spike during high demand; Layer 2 solutions help lower this. You can often choose your fee—faster confirmations cost more. 🏦 2. Exchange Fees Trading Fees: Charged when you buy/sell crypto on an exchange. Maker fees: You add liquidity (limit orders). Taker fees: You remove liquidity (market orders). Withdrawal Fees: Charged when transferring funds off the exchange. Deposit Fees: Rare for crypto deposits but may apply to fiat. 🤝 3. DeFi & DApp Fees Interacting with smart contracts (like swapping on Uniswap) incurs gas costs, plus possible protocol fees. Yield farming, staking, and borrowing can also include performance or management fees. 🛠️ 4. Wallet Fees Most wallets are free, but some charge fees for swaps, transactions, or integrations with services like PayPal or MoonPay. 🧠 Pro Tips: Always check the fee preview before confirming any transaction. Use fee trackers (like Etherscan’s gas tracker) to time cheaper transactions. Consider Layer 2 networks (Arbitrum, Optimism, Base) for lower fees. --- Understanding crypto fees helps you trade smarter, minimize costs, and maximize your returns. Don't let fees eat your gains—know before you go. 💼📉💡 #Crypto #Web3 #CryptoFees #DeFi #Ethereum #BlockchainBasics {spot}(BTCUSDT)
#CryptoFees101 Crypto Fees 101: What You Need to Know Before You Trade

Whether you're a seasoned investor or just bought your first bit of Bitcoin, understanding crypto fees is essential to avoid surprises and protect your gains. Here's a quick breakdown:

💸 1. Transaction Fees

Blockchain Network Fees (a.k.a. gas fees): These are paid to miners or validators to process your transaction.

Bitcoin: Fees fluctuate based on network congestion.

Ethereum: Gas fees can spike during high demand; Layer 2 solutions help lower this.

You can often choose your fee—faster confirmations cost more.

🏦 2. Exchange Fees

Trading Fees: Charged when you buy/sell crypto on an exchange.

Maker fees: You add liquidity (limit orders).

Taker fees: You remove liquidity (market orders).

Withdrawal Fees: Charged when transferring funds off the exchange.

Deposit Fees: Rare for crypto deposits but may apply to fiat.

🤝 3. DeFi & DApp Fees

Interacting with smart contracts (like swapping on Uniswap) incurs gas costs, plus possible protocol fees.

Yield farming, staking, and borrowing can also include performance or management fees.

🛠️ 4. Wallet Fees

Most wallets are free, but some charge fees for swaps, transactions, or integrations with services like PayPal or MoonPay.

🧠 Pro Tips:

Always check the fee preview before confirming any transaction.

Use fee trackers (like Etherscan’s gas tracker) to time cheaper transactions.

Consider Layer 2 networks (Arbitrum, Optimism, Base) for lower fees.

---

Understanding crypto fees helps you trade smarter, minimize costs, and maximize your returns. Don't let fees eat your gains—know before you go. 💼📉💡

#Crypto #Web3 #CryptoFees #DeFi #Ethereum #BlockchainBasics
#CryptoFees101 💸 Crypto fees are NOT all the same!* Want to know why you sometimes pay 0.01 and other times 20 for the same transaction? 📌 Here's what you need to know: 1. Ethereum (ETH) – fees increase when the network is congested 2. BNB Chain / Solana – fast and almost free 3. Layer 2 (e.g., Arbitrum, Base) – low costs, but requires ETH for fees 4. DEXs vs. CEXs – on DEXs you pay network fees, on CEXs you pay commission + spread 💡 Pro tip: When swapping or transferring, always check the gas fee and compare networks. You might save real money. #CryptoFees101 #GasFees #DeFiEducation #BlockchainBasics
#CryptoFees101 💸 Crypto fees are NOT all the same!*

Want to know why you sometimes pay 0.01 and other times 20 for the same transaction?

📌 Here's what you need to know:
1. Ethereum (ETH) – fees increase when the network is congested
2. BNB Chain / Solana – fast and almost free
3. Layer 2 (e.g., Arbitrum, Base) – low costs, but requires ETH for fees
4. DEXs vs. CEXs – on DEXs you pay network fees, on CEXs you pay commission + spread

💡 Pro tip: When swapping or transferring, always check the gas fee and compare networks. You might save real money.

#CryptoFees101 #GasFees #DeFiEducation #BlockchainBasics
#CryptoSecurity101 🔐 | Your keys, your coins—always use hardware wallets or trusted platforms. Enable 2FA, beware of phishing, and never share your seed phrase. Stay safe, stay smart in the crypto world! #Binance #CryptoSafety #BlockchainBasics
#CryptoSecurity101 🔐 | Your keys, your coins—always use hardware wallets or trusted platforms. Enable 2FA, beware of phishing, and never share your seed phrase. Stay safe, stay smart in the crypto world! #Binance #CryptoSafety #BlockchainBasics
#CryptoFees101 On Binance, every trade includes a small transaction fee—typically 0.1%. You can reduce this by holding BNB (Binance Coin) and using it to pay fees. There are also deposit and withdrawal fees, which vary by coin. Always check the Fee Structure page on Binance before moving funds. Planning ahead helps you save more and trade smarter. 🧠💰 Want to maximize profits? Minimize unnecessary fees. Learn the rules, and trade with confidence. Explore more at Binance. #Binance #CryptoTrading #FeesExplained #SmartTrading #BlockchainBasics
#CryptoFees101
On Binance, every trade includes a small transaction fee—typically 0.1%. You can reduce this by holding BNB (Binance Coin) and using it to pay fees. There are also deposit and withdrawal fees, which vary by coin. Always check the Fee Structure page on Binance before moving funds. Planning ahead helps you save more and trade smarter. 🧠💰

Want to maximize profits? Minimize unnecessary fees. Learn the rules, and trade with confidence.
Explore more at Binance.
#Binance #CryptoTrading #FeesExplained #SmartTrading #BlockchainBasics
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3 - What is "Mining" in Blockchain?Mining is the process of creating new blocks on a Distributed Ledger Technology (DLT) system. It involves validating transactions and solving complex cryptographic puzzles — a mechanism known as Proof of Work (PoW). Miners compete to solve these puzzles, and the first to do so adds a new block to the chain. In return, they are rewarded with newly minted coins or tokens. This process helps: ✅ Secure the network ✅ Prevent double spending ✅ Ensure consensus without a central authority 🛠️ Examples: Bitcoin and Ethereum (before The Merge) are well-known for using mining through PoW. #BlockchainBasics #CryptoMining #ProofOfWork #CryptoEducation #CryptoForBeginners $BTC $ETH $BNB {spot}(BNBUSDT) {spot}(BTCUSDT) {spot}(ETHUSDT)

3 - What is "Mining" in Blockchain?

Mining is the process of creating new blocks on a Distributed Ledger Technology (DLT) system. It involves validating transactions and solving complex cryptographic puzzles — a mechanism known as Proof of Work (PoW).
Miners compete to solve these puzzles, and the first to do so adds a new block to the chain. In return, they are rewarded with newly minted coins or tokens. This process helps:
✅ Secure the network
✅ Prevent double spending
✅ Ensure consensus without a central authority

🛠️ Examples: Bitcoin and Ethereum (before The Merge) are well-known for using mining through PoW.

#BlockchainBasics #CryptoMining #ProofOfWork #CryptoEducation #CryptoForBeginners $BTC $ETH $BNB
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