Today word of the day 5 leter answer. $BTC $ETH | CRYPTOxTRAD3R on Binance Square

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Today word of the day 5 leter answer. $BTC $ETH 

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BTC

105,655.37

+0.20%

ETH

2,491.94

-0.81%

7

0

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#SouthKoreaCryptoPolicy South Korea has steadily constructed a rigorous and multi‑phased regulatory framework—beginning with mandatory registration of virtual asset service providers (VASPs) under the Financial Services Commission and Korea privacy coins banned token transparency reduced

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#CryptoCharts101 While there are a few variations, the most commonly used crypto charts are: Line Charts: The simplest form, connecting only the closing prices over a chosen timeframe. Great for quickly grasping general trends. Bar Charts (OHLC Charts): Provide more detail than line charts. Each bar shows the opening, high, low, and closing price for a specific period. Candlestick Charts: The undisputed champion for crypto traders. Developed by Japanese traders, each "candlestick" offers a rich visual representation of price action within a given timeframe (e.g., 1-hour, 1-day, 1-week). The Body: Represents the range between the opening and closing prices. The Wicks (or Shadows): Extend above and below the body, showing the highest and lowest prices reached during that period. Color Coding: Typically, a green (or white) candle indicates that the closing price was higher than the opening price (bullish), while a red (or black) candle signifies that the closing price was lower than the opening price (bearish).

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#TradingMistakes101 The first mistake I made was when BTC first hit 109,000 I bought at that price believing it would go up to at least 150,000 right away. It didn't, but I didn't lose heart and held on and it did go above that high. You have to buy at every significant retracement.

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#CryptoFees101 Binance is known for low fees, but don’t let that fool you—some hidden costs can still sneak in. Spot trading only costs 0.1%, but if you trade often, those small fees can grow fast. You can reduce them by using BNB (Binance Coin), which gives you a discount. When it comes to withdrawals, the fee depends on which coin you’re sending. For example, Bitcoin might cost you 0.0005 $BTC to withdraw, while other coins like Ethereum or USDT might have different fees. Also, during busy times, the blockchain network can be slow and expensive. So, timing your transactions can save money. If you're into margin trading, remember there’s interest on borrowed money. Futures trading has its own costs too, like funding rates that change over time. To avoid surprises, always check Binance’s fee page before you trade or withdraw. Planning your trades ahead, using $BNB for discounts, and choosing cheaper blockchains like BNB Chain can really help. In the end, staying informed is the key. Don’t let unexpected charges eat into your profits. Be smart, stay alert, and make every move count on Binance! #BinanceCoins

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#CryptoSecurity101 Crypto security is non-negotiable. Always use strong, unique passwords and enable 2FA (two-factor authentication) on exchanges like Binance. Avoid clicking on suspicious links, and never share your seed phrase with anyone. Use hardware wallets to store long-term holdings and keep your devices updated. Phishing and scams are common in the crypto world—stay alert and double-check URLs. Security is your responsibility in decentralized finance. A single slip can cost you everything, so treat your crypto like digital gold.

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