👋Hello...Hello everyone.. Especially to those of us who are starting in this Binance Universe...💪
Our First Investment should be knowledge...🌐📚💸💯
We must start with the basics...
📚 What is Binance..??
💸🌐 It is one of the largest and most popular cryptocurrency exchange platforms in the world, allowing users to buy..sell and trade a wide variety of digital assets securely and efficiently.
📚 What is the Spot Market..??
💸🌐 It is a market where the buying and selling of assets... such as cryptocurrencies..
They are settled and delivered immediately at the current market price.
💥 Additional Note...It is the most basic form of trading, with transactions that are completed at the moment.
📚 What are your funds..??
💸🌐 It refers to the cryptocurrency investment funds that we deposit and manage on the platform.
📚 What are Futures..??
💸🌐 It is a type of financial contract that obligates the purchase or sale of an asset at a predetermined price on a future date.
💥 Additional Note...Futures allow traders to speculate on the direction of the market and use leverage to increase potential profits or losses.
📚 What is Earn...??
💸🌐 It is a platform within Binance that allows users to generate interest and obtain passive income from their cryptocurrencies. It offers a variety of financial and investment products, such as flexible savings, locked savings, staking, DeFi staking, Launchpool, and fixed income products, among others.
💥Additional Note...Earn allows users to make the most of their digital assets while earning returns, depending on the type of product and the duration of the investment.
If you liked the content and want to know more, follow me or comment on which other concepts you find complicated..