MUSLIMS IN CRYPTO โ READ THIS WITH YOUR HEART! ๐ Every single day, more of our brothers & sisters dive into #FuturesTrading, chasing FAST CASH ๐ธ โ but risking something far GREATER: their IMAAN ๐ ๐ญ ASK YOURSELF: Is this little gain WORTH my Akhirah? Would I trade peace for pressureโฆ barakah for burnout? --- โ ๏ธ THE HARD TRUTH: Most Futures involve: โ GHARAR (Uncertainty) โ RIBA (Interest) โ MAYSIR (Gambling vibes) Letโs be real โ youโre not buying an asset, youโre betting on price swings ๐ฐ Thatโs not trade, thatโs a casino in disguise! --- ๐ THE HALAL WAY STILL EXISTS! โ Spot Trading = Real Coins, Real Ownership! No leverage ๐ฃ No interest ๐ต No speculation ๐ฒ Just clean, honest deals โ the kind our Prophet ๏ทบ encouraged ๐ค Example: Buy & HOLD coins like $WCT (@WalletConnect) โ you OWN IT. --- ๐ REMEMBER THIS: ๐ฟ โWhat is HALAL brings BARAKAH.โ Even if it grows slow โ it's PURE. And the PEACE you feel? ๐๏ธ Unmatched. --- ๐ Yes, scholars DO debate futures. Some say โ if: ๐น No Riba ๐น No Maysir ๐น Full Knowledge & Transparency ๐น Real Risk Management But MOST say: STAY SAFE. STAY HALAL. --- ๐ฅ DONโT TRADE YOUR DEEN FOR A DREAM. ๐ Trade with TAQWA, not TRENDS. ๐ Prioritize your AKHIRAH, not Analytics. --- ๐คฒ May Allah ๏ทป bless your wealth, protect your soul & guide your trades. ๐ฌ Drop your thoughts below โ letโs build a halal crypto ummah together! #SpotVSFuturesStrategy
How to trade on binance To trade on Binance, follow these steps:
1. Create a Binance Account
Go to the Binance website (www.binance.com) or download the Binance app.
Sign up by providing your email and creating a password.
Complete the verification process by providing identification if required (for security and regulatory purposes).
Set up two-factor authentication (2FA) for added security.
2. Deposit Funds
Crypto Deposit: You can deposit cryptocurrency from an external wallet by going to your Wallet > Deposit > select the cryptocurrency, and copy the deposit address.
Fiat Deposit: If you want to deposit fiat currency (USD, EUR, etc.), go to Buy Crypto > Deposit, choose a payment method like credit card, bank transfer, or third-party services (like Simplex), and follow the instructions.
3. Navigate to the Trading Page
Once funds are in your account, go to the Trade section. You can select between Spot Trading, Futures Trading, or Margin Trading, depending on your level of experience.
For beginners, Spot Trading is recommended. It allows you to trade cryptocurrencies at their current market prices.
4. Select a Trading Pair
On the Spot Trading page, youโll see a list of trading pairs like BTC/USDT (Bitcoin/US Dollar Tether).
You can search for pairs by typing the coin you want to trade in the search bar.
5. Place an Order
up automatic selling or buying when a price threshold is hit.
You specify a stop price (trigger price) and a limit price (execution price).
6. Monitor Your Trades
You can track your orders and positions in the Open Orders tab.
After placing an order, check the Order History to review executed trades.
7. Withdraw Funds
When you're ready to withdraw, go to Wallet > Withdraw.
Choose whether you're withdrawing crypto or fiat. For crypto, enter the destination wallet address. For fiat, youโll need to follow the instructions for bank transfers or other withdrawal methods.
#RamadanGiveaway BTC update As of March 18, 2025, Bitcoin (BTC) is trading at approximately $84,053 USD, reflecting a 2.45% increase from the previous close.
Recent Developments:
Market Performance: Bitcoin has experienced a 30% price correction recently, attributed to increased selling pressure.
Institutional Investments: MicroStrategy, led by Michael Saylor, purchased an additional 130 BTC for $10.7 million, averaging $83,000 per Bitcoin.
Regulatory Actions: The U.S. government has established a Strategic Bitcoin Reserve, consolidating BTC from asset forfeitures to manage digital asset holdings strategically.
Market Outlook:
Analysts view the recent correction as a temporary "shakeout," anticipating a potential rebound as institutional demand returns.
Please note that cryptocurrency markets are highly volatile. It's advisable to consult multiple sources and consider your financial situation carefully before making investment decisions.
Ramadan Kareem! ๐ The Ramadan Competition from Binance Square has started now! ๐ Celebrate the spirit of Ramadan and get your share of 5,000 USDC! From March 14 to 28, complete tasks and interact with the Ramadan 2025 calendar from Binance for a chance to win. How to participate: โ Follow the Binance MENA account on Square. โ Share the official post of the Ramadan competition. โ Complete at least one eligible campaign from the Ramadan calendar. โ Create a post on Binance Square with the hashtag #RamadanGiveaway, showcasing your progress or completion of tasks. Prizes: ๐ 4,000 USDC will be distributed among all eligible participants. ๐ฅ Participants who produce the best 5 posts in terms of engagement will share an additional 1,000 USDC. ุดุงุฑู ููุง Good luck, and Ramadan Mubarak! ๐ ููู ุฒูุฏ ู ู ุงูุชูุงุตูู
Login to explore more contents
Explore the latest crypto news
โก๏ธ Be a part of the latests discussions in crypto