Binance is pleased to launch a new Word of the Day (WOTD) game! All eligible users will equally share a pool of 500,000 Binance Points, which can be used to redeem USDC trading fee rebate vouchers at the Rewards Hub.
The theme of this week is “Web3 Security”. Read selected articles to learn more about this topic, participate in this week’s WOTD, and grab a share of the rewards.
WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments.
How Does It Work All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.
Users who get a total of five correct answers during the Activity Period are eligible for an equal share of 500,000 Binance Points.
How to Enable the Second WOTD Game After the first game, click the "Get A New WOTD" button.
Share one of the selected articles of the day on social media.
Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party.
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💪 Strong password? ✅ 🔒 2FA enabled? ✅ 🛡️ Extra layers of protection? Always.
Your assets deserve better than “I’ll do it later.”
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*Why does M2 matter?* 📊 It’s a key indicator of how much money is available for spending and investing. 📉 And it can influence markets — when M2 grows and rates are low, investors often seek higher returns in assets like crypto. But when M2 shrinks, risk appetite drops… and so can crypto prices.
📈 Imagine the market is surging, and everyone seems to be buying in.
You hadn’t planned to trade — but suddenly, the urge to follow the crowd kicks in. This is known as *emotional contagion*, and it can influence even the most experienced traders.
📉 From rushed entries to early exits, *market sentiment and the bandwagon effect can impact decision-making* more than you think.
So, what can you do?
Take a moment. Stay grounded. Stick to your strategy.
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Trading on Margin isn’t easy — and it shouldn’t be taken lightly. That’s why we’ve created an up-to-date guide featuring the key tools every crypto trader should know.
*Here’s a quick look at a few essentials:*
*🔹 Average Price* The mean price of a token over a specific period. Calculated separately for buy and sell orders at the pair level, this helps traders assess Profit and Loss (PNL) more accurately.
*🔹 Trade Analysis* Gain deeper insights into your trading performance. This tool lets you evaluate total buy/sell amounts, average prices, and other key metrics to track and refine your strategy.
*🔹 Cross Margin Entry Price* In Cross Margin mode, this metric helps you monitor trades across different quote tokens for the same base asset. It’s especially useful for refining entry/exit strategies and improving analysis.