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Binance Academy
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How to Deposit to Binance (Fiat & Crypto): A Beginner’s Guide (2025 Edition)
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**Is Futures Trading on Binance Halal or Haram?** The Muslim crypto community is buzzing with debate: Is futures trading on Binance halal or haram? According to Islamic finance principles, futures trading is largely considered haram by most scholars due to its speculative nature and elements of *gharar* (excessive uncertainty), which resembles gambling, prohibited in Islam. Futures contracts involve trading assets not owned at the time of agreement, conflicting with Shariah rules requiring tangible asset ownership. Additionally, leverage in futures trading often involves *riba* (interest), further rendering it impermissible. However, some argue futures trading can be halal if used for hedging with a spot position, avoiding speculation, and excluding interest-based fees. For instance, simple platform fees may be permissible, but fixed interest is not. Scholars like those from Darul Uloom Deoband emphasize that selling what one does not possess is invalid in Shariah. For Muslims trading on Binance, sticking to spot trading with clear ownership and no leverage is safer to ensure compliance with Islamic principles. Always consult a knowledgeable scholar for guidance.#Binance #BinanceAlphaAlert $BTC
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**Binance Alpha Launches BugsCoin Trading Competition (BGSC)** Binance Alpha has launched an exciting BugsCoin (BGSC) Trading Competition, offering participants a chance to share a reward pool of 136,250,000 BGSC tokens, valued at approximately $1 million. The promotion period began on July 1, 2025, at 08:00 UTC, and is open to all eligible users who can trade Binance Alpha tokens. Participants are ranked based on their cumulative BGSC purchase volume during the event, with sell orders excluded from the tally. In addition to the trading competition, Binance Alpha has listed BUGSCOIN (BGSC), and eligible users can claim an airdrop of 7,360 BGSC tokens within 24 hours of trading commencement by using Binance Alpha Points. BugsCoin aims to revolutionize trading education through simulated investments, offering virtual funds and rewards for profitable trades. This initiative aligns with BugsCoin’s mission to lower entry barriers for new investors via gamified trading experiences on platforms like the upcoming decentralized exchange ADEN. $BTC #BinanceAlfha #teump
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**Trump x Musk: The Power Duo Reconnects on Binance Alpha! 🔥** President Donald Trump just dropped a bombshell, confirming a fresh chat with Elon Musk, who said, “Things are looking great.” Now, the crypto world is buzzing on Binance Alpha, the ultimate platform for early Web3 projects! This dynamic duo’s reconnection has X posts ablaze, with users speculating about what’s next—policy moves, tech breakthroughs, or a crypto market surge? Binance Alpha, integrated with Binance’s Web3 wallet, lets you dive into this excitement by trading tokens like SKATE and FLY before they $BTC
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**Trump x Musk: The Power Duo Reconnects! 🔥** In a thrilling update, President Donald Trump revealed he recently spoke with tech titan Elon Musk, and the vibes are electric! According to Trump, Musk declared, “Things are looking great,” hinting at a potential thaw in their rollercoaster relationship. This convo, buzzing across platforms like X, has sparked excitement among supporters who see this duo as a powerhouse for innovation and progress. Could this signal a renewed alliance to shake up the status quo? Trump and Musk, both known for their bold visions, have had their share of public spats, but this exchange suggests they’re back on the same wavelength. Posts on X are ablaze with speculation about what “great things” could mean—policy collaborations, tech advancements, or even a boost for crypto markets? Musk’s influence at Tesla and SpaceX, paired with Trump’s political clout, makes this a partnership to watch. $BTC $TRUMP
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In a heartbreaking end to a 12-year saga, James Howells, an IT worker from Newport, South Wales, has abandoned his quest to recover a hard drive containing 8,000 Bitcoins—worth a staggering $742 million today. Back in 2013, Howells accidentally tossed the drive during a cleanup, sending it to a landfill. The drive held the private keys to his Bitcoin wallet, and without it, his fortune remains locked away forever. For over a decade, Howells fought to excavate the landfill, proposing advanced recovery methods, but local authorities repeatedly blocked his efforts, citing environmental and regulatory concerns. His story, a stark reminder of the unforgiving nature of cryptocurrency, has captivated the world and sparked debates on X about digital asset security. Some sympathize with his loss, while others see it as a lesson in safeguarding private keys. Howells’ ordeal underscores the high stakes of crypto ownership—where a single mistake can cost millions. As Bitcoin’s value continues to soar, his tale resonates as both a cautionary warning and a testament to perseverance, even in the face of insurmountable odds. The hard drive remains buried, and with it, a dream of unimaginable wealth.$BTC $BNB
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