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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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.
🚨🚨 Why Most New Crypto Traders Lose Money — And 5 Powerful Rules to Help You Win😱😱😱
⚠️⚠️⚠️ If you're just starting out in crypto, here's a reality check:
Most beginners lose a major part of their funds within their first few months.
But it’s not due to a lack of intelligence — it’s because they’ve never been taught the critical rules that truly matter in trading.
Here are 5 key rules I wish I knew when I began. Following these can help protect your capital and guide you toward long-term success:
⚔️ Rule 1: Limit Your Losses Early
One of the quickest ways to wipe out your account is by holding onto losing trades, hoping they’ll bounce back.
Markets don’t care about hope. Use a stop-loss before entering a trade and accept a small loss rather than risking a large one.
💡 Pro Tip: Keep your loss per trade under 2–3% of your total funds. Small, controlled losses are part of a smart strategy.
✅ Core Lesson: Cut losses quickly — survival is more important than being right.
📉 Rule 2: Begin With Small Positions
Don’t go “all in” on your first big idea.
Even if you're confident, start with a small amount — around 1% to 2% of your portfolio per trade. Build experience and only increase size after you’ve shown consistent results over time.
🧪 Think of early trades as practice, not profit-makers.
✅ Core Lesson: Grow your position size only after you’ve proven your strategy works.
📘 Rule 3: Log Every Single Trade
Most losing traders never analyze their trades — so they repeat the same mistakes.
Build a trading journal. Record:
📝 Entry & exit points 🧠 Why you entered 📉 The outcome 🔍 What you learned
Over time, this becomes your roadmap to mastery.
✅ Core Lesson: Reviewing your trades helps you grow faster than guessing.
🔐 Rule 4: Focus on Risk, Not Just Rewards
New traders often chase high returns. But that mindset can lead to reckless trades.
Instead, ask:
> “What’s the maximum I can afford to lose if this trade fails?”
This shifts your focus to capital protection, which is what professional traders care about most.
⚖️ If the risk is too high — don’t take the trade.
✅ Core Lesson: Managing risk keeps you in the game long enough to win.
🕰️ Rule 5: You Don’t Need to Trade Daily
Not every day offers good opportunities. Don’t trade just because you're bored.
Many days, doing nothing is the smartest move. Waiting for the right setup is a skill, not a weakness.
🚫 Trading without a plan leads to frustration and losses.
✅ Core Lesson: Patience pays. Sometimes, no trade is the best trade.
🧠 Final Thoughts:
Sticking to these 5 rules can help you avoid 90% of common beginner mistakes.
🚀 The crypto market is full of opportunity, but it’s also full of traps. 📉 It punishes emotion-driven decisions, ✅ But it rewards discipline, patience, and planning.