Greetings friends, it's unlikely that anyone is reading this at the moment, but I will not give up and will continue to develop in the field of writing posts and articles. Binance square is perfect for this, an excellent foundation for beginners, explaining the basics in detail and daily tasks are regarded by me more as a means of practice (at least for the moment), rather than a way to earn money, using write2earn. This post is about deals from the recent times, however, there are no deals, only pnl from Binance Earn. $BNB $BTC
Subscribe to see how I invest! Yes-yes, no mistakes, I really invest. Friends, trading cryptocurrency requires knowledge of the basics, effort, strategy, and much more) I wrote about this earlier and will write more) I do not consider myself a trading guru to give advice, I do not make deposits for trading, right now I only invest in Binance Earn and learn, as I can undoubtedly only call myself a beginner. There is no such thing as easy money; everything has its price, including what seems like trivial time. It's good when your work is recognized, and you receive rewards, but nothing happens all at once. Don't expect instant earnings (other than falling for miners promising such). Don't expect instant feedback; it just doesn't work that way. It's better to move gradually, in small steps, but with a knowledge of the basics, a well-thought-out strategy, and your own research; otherwise, you will lose everything you have. Let's grow together, always yours, cryptocurrency newbie) $BTC $BNB
Analysis BTC/USDT: Overcoming the psychological barrier at 106,000 USDT Current Situation Bitcoin recently surpassed an important psychological barrier at 106,000 USDT, showing positive dynamics with a daily increase of about 0.37-0.52%. The current price hovers around 105,856 USDT according to the latest data, after hitting an intraday high above 106,000 USDT.
#SouthKoreaCryptoPolicy Historical context South Korea is one of the largest cryptocurrency markets in the world, with a high level of adoption and an active trading community. The government's attitude towards digital assets has gone through several stages: Early years (2017-2019): - Initial caution - authorities considered a complete ban on cryptocurrency exchanges
#CryptoCharts101 Charts are one of the most important tools for analyzing the cryptocurrency market. Proper understanding and interpretation of charts help make more informed trading decisions. Types of cryptocurrency charts: 1. Line chart. Simple and clear — shows price dynamics with a continuous line
#TradingMistakes101 Common mistakes in cryptocurrency trading Trading cryptocurrencies can be profitable, but many traders, especially beginners like me, make a number of typical mistakes. Let's look at the main ones and how to avoid them. 1. Emotional trading - Fear and greed are the two strongest enemies of a trader:
#CryptoSecurity101 Security in Cryptocurrencies: The Basics of CryptoSecurity What is CryptoSecurity? CryptoSecurity covers all aspects of security related to cryptocurrencies, blockchain technologies and digital assets. This is a critical area for all participants in the cryptocurrency market, from individual investors to large institutional players.
#CryptoFees101 Fees in cryptocurrencies: understanding CryptoFees What are CryptoFees? CryptoFees are payments that users make for transactions in blockchain networks. These fees serve several important functions: - Rewards for validators/miners for processing and confirming transactions - Preventing spam in the blockchain network
$USDC Trading pair USDC/USDT on Binance USDC/USDT is a unique trading pair that combines two popular stablecoins: USD Coin (USDC) and Tether (USDT). Both of these assets are pegged to the value of the US dollar at a ratio of 1:1, which makes this pair special in the cryptocurrency market. Features - Stability and minimal volatility. Unlike traditional cryptocurrency pairs, USDC/USDT is characterized by exceptional stability, as both assets strive to maintain a value close to 1 US dollar. Theoretically, the ideal exchange rate between them should be 1:1, but despite being pegged to the dollar, there can be slight price discrepancies between USDC and USDT due to: - Differences in the level of trust in the issuers - Differences in collateral backing - Market supply and demand - Regulatory news and events - Differences in liquidity on various platforms Applications: 1) Arbitrage opportunities 2) Diversification of stablecoins 3) Risk hedging Advantages: - Low conversion fees between stablecoins - High liquidity. - User-friendly interface for monitoring minimal price fluctuations - Security of transactions on a regulated platform
#TradingPairs101 Trading pairs are combinations of two different assets that can be exchanged for each other on an exchange. In the context of cryptocurrencies, a trading pair consists of a base currency and a quoted currency (for example, BTC-USDT, where BTC is the base and USDT is the quoted currency). Main types of trading pairs: 1. Fiat pairs - cryptocurrency is traded against traditional currencies (BTC-USD)
#Liquidity101 What is liquidity? Liquidity is a measure of how easily an asset can be bought or sold in the market without significantly affecting its price. In the context of the cryptocurrency market, liquidity plays a critically important role for traders and investors. Why is liquidity important?
\u003ct-42/\u003e Types of trading in the cryptocurrency market Main types of trading 1. Spot trading - Direct buying and selling of cryptocurrency at the current market price. Features: - You become the owner of the asset - No expiration date for the position - Relatively low risk compared to other types
Greetings friends and have a great day. Based on the tasks from Binance, I have diligently gathered information and have already released, and will release a series of mini articles. I tried to select the main information, however condensed due to limitations. Therefore, if anyone is interested, please write in the comments and I will try to write more extensively. This is my first experience writing articles and posts on Binance, so I am open to constructive criticism, but please don’t judge too harshly))) Thank you❤️
#OrderTypes101 Types of orders in the cryptocurrency market There are two types of orders - basic and advanced. Basic types of orders: 1. Market order - Executes immediately at the current market price. Advantages: Instant execution, guaranteed filling. Disadvantages: Price slippage may occur during high volatility.
#CEXvsDEX101 Hello! Let's clarify the difference between centralized (CEX) and decentralized (DEX) cryptocurrency exchanges.
Centralized Exchanges (CEX): 1. Management - Managed by a central authority or company. 2. Security - Can be targets for hackers due to centralized storage of funds. 3. Liquidity - Usually have high liquidity and large trading volumes. 4. Regulation - Most often subject to regulatory authorities. 5. Convenience - Easy to use, especially for beginners.
Decentralized Exchanges (DEX): 1. Management - Operate on the basis of blockchain and smart contracts, without a central authority. 2. Security - Funds are stored in users' wallets, reducing the risk of hacking. 3. Liquidity - May be lower than on CEX, but is constantly increasing. 4. Regulation - Usually not subject to traditional regulatory authorities. 5. Convenience - Can be more complex to use, requiring management of one's own wallet.
I hope this helps you better understand the differences between them!
#BigTechStablecoin According to recent news, major tech companies are starting to show serious interest in the stablecoin space. In particular, there is information that Apple is discussing the integration of stablecoins into its services. This initiative also involves giants such as Alphabet (parent company of Google) and Airbnb.
Comparison of Centralized and Decentralized Exchanges
Centralized Exchanges (CEX)
**Key Features:** - **Ease of Use**: Intuitive interface suitable for beginners - **Liquidity**: Generally higher liquidity and trading volumes - **Speed**: Instant order execution - **Support**: Customer support and access recovery options - **Regulation**: Often operate within regulatory requirements
Decentralized Exchanges (DEX)
**Key Features:** - **Security**: No need to trust funds to a third party - **Privacy**: Minimal KYC/AML requirements - **Control**: Users retain control over their private keys - **Censorship Resistance**: No central governing authority - **Innovation**: Often offer new DeFi features
**Optimal Approach:** Many experienced crypto investors use both CEX and DEX depending on specific needs. #CEXvxDEX101 $BTC