chimneyds

Why silver-backed tokens are missing in Binance 🤔

Despite the popularity of gold-backed tokens like #PAXG, silver-based tokens remain notably absent on Binance. Investors seeking exposure to silver through blockchain often face limited options or must use smaller platforms. This gap highlights a missed opportunity in the market, especially given silver’s role as a valuable hedge and industrial metal. Demand exists, but Binance have yet to respond.
What do you think about this? Do you think we need such tokens in Binance?

PAX Gold (PAXG) is a digital asset backed by physical gold, offering investors a unique way to hold gold on the blockchain. Each PAXG token is backed by one fine troy ounce of gold stored in secure, London Good Delivery vaults. This ensures that every token is fully redeemable for physical gold while providing the flexibility and speed of a cryptocurrency.

Built on the Ethereum network, PAXG enables fractional ownership, allowing users to invest in gold without needing to purchase or store whole bars. The token can be traded 24/7 like any other cryptocurrency and is often seen as a stable alternative during market volatility. Unlike traditional gold investments, PAXG offers instant settlement and low storage costs while maintaining transparency and regular audits.

As global interest in asset-backed tokens continues to rise, PAXG serves as a bridge between traditional commodities and modern finance, combining the long-standing value of gold with the efficiency of blockchain technology.

#PAXG #ETH #GOLD

Is there anybody knows what happened to the NFTs 😂

What a scam it was! Even some of my colleagues in the art history department thought they may have to include it in the curriculum. Well, at least not in the near future 😀 I still make fun of them.

#NFT #NFTBNB #nftcollector

I think the decline in #gold prices is probably finished now, with $2,300 becoming the new lower resistance level. Although there is resistance just above $2,400, it likely won't persist.

We have to be careful with #Bitcoin. The support at $60,000 may not be that strong, especially considering the global risks.

$BTC $BNB $PAXG

The mistake I made with $FDUSD .

I got burned, I'm telling you so you don't get burned.

I staked all my #launchpool tokens to participate in the previous #BNB project, PORTAL. It was beautiful. However, with the ambition and curiosity to earn more, I staked all the $BTC and #ETH I had by converting them into FDUSD.

I was hoping to win a few PORTALS with the FDUSD I staked. At that time BTC and ETH were up more than 10% 😟😲 I missed the opportunity to make a profit of about a few hundred dollars.

Now we are left with a few PORTAL tokens and FDUSD.

$PORTAL

Let me give you a little #BNB buying tactic. Especially after sudden and large increases, a significant amount of $BNB is sold immediately and a massive decline occurs within minutes. This decrease, which lasts for a few minutes, can sometimes reach 4-5%. This pin is a good opportunity to buy because someone (😉😅) wants to reverse the leveraged long positions that are open or have been opened suddenly very recently. This is none of our business. When the needle becomes apparent, those who buy will be up min. in a few hours at the latest. They will see 4-5% movement. Those who do not believe can look at the 15 and 1 minute charts to examine.

Of course, #YTD

BNB:

Take it and hold it. Only around 150,000,000 were printed, and no more will be produced in the future. Over time, this number will decrease further with burns and losses, but demand will probably continue to increase. Unless there are any damaging lawsuits, penalties, etc. on the Binance exchange, it will probably be in an upward trend. You will always have priority in public offerings with Launchpool projects.

What is it but a treasure 😀

#BNB