The cryptocurrency market recently differs significantly from what it was in previous years. The number of new currencies being launched daily exceeds multiples of what the market was four years ago. Therefore, choosing the right currency has become more complicated, and that's why I share with you 5 tips that I hope will be helpful.
To choose the right trading platform for you, you should make a list of the specifications and conditions that must be met by this platform: Easy registration procedures Reasonable trading fees Great access to various market currencies High-level customer service Support for the Arabic language Access to various services Ease of registration procedures Trading platforms vary; some platforms do not require registration or documentation procedures, while others have complex documentation procedures.
What is KYC? And why do users in the Gulf need to undergo KYC?
In the cryptocurrency market, the user experience differs between centralized and decentralized. The decentralized experience is primarily the experience of using blockchain, which anyone can easily access and use without any restrictions. In contrast, the centralized experience occurs on trading platforms, which require you to register an account and verify your identity, similar to your experience using a digital bank application.
There is no doubt that Binance's initial offering is one of the easiest ways to get Airdrops for free coins in the market right now. Besides, you won't need to use new and unknown networks or protocols, and Binance distributions are always for good projects, giving you a strong opportunity to enter projects with a future at low costs.
With Bitcoin breaking the $100,000 barrier for the first time since last February, some wonder when it will be the turn of alternative coins. Between Bitcoin's previous rise and the current rise, we have not seen significant improvement in Altcoins, so this matter needs clarification and more study. In this article, we will delve into this question and answer it clearly.
What are ETFs and why is everyone waiting for the BNB ETF?
For a long time, cryptocurrency ETFs have been a dream for investors. Since 2013, the year the first application for a Bitcoin ETF was submitted, the cryptocurrency audience has been waiting for this step that will represent the market reaching the stage of institutional investment. Indeed, since the launch of Bitcoin ETFs in 2024, a new phase has begun in the market.
There is no doubt that cryptocurrency initial offerings were one of the most famous ways to achieve astronomical profits from cryptocurrencies during a time when the meme coin market did not exist. During the period from 2016 to 2018, cryptocurrency initial offerings, known as ICOs, were the trend at that time, and you would hear about the astronomical profits some made from these offerings.
Take it as a rule in the cryptocurrency market and in all financial markets in general: loss is inevitable and will happen to you no matter how skilled or experienced you are in the market. So do not be deceived by illusions that you will not lose; this does not happen. But skill and experience lie in how to deal with these losses. In this article, we will talk about strategies you can use to deal with your losses in the market.
Binance announced today the listing of the $SIGN currency on its platform. The Sign currency was one of the currencies that came from the Hodler Airdrop, in addition to Binance's investment arm being an investor in it. Therefore, there is significant interest in the currency, but some are unaware of the currency project. In this article, we will delve into the details of the currency project and everything you need to know about it.
After Binance obtained the necessary licenses from the Virtual Assets Regulatory Authority in the Emirate of Dubai (VARA), it became one of the first platforms to operate fully and legally in the Middle East. This achievement grants the platform significant credibility compared to other platforms. With this expansion, users of the platform in Dubai will need to transition to the local platform.
Binance announced the Launchpool event for the WalletConnect project, and the $WCT coin is scheduled for listing on April 15. But before the listing, some are wondering about the project's details and the purpose of the coin. In this article, we answer all these questions. What is the WalletConnect project? It is an infrastructure network aimed at facilitating the connection of cryptocurrency wallets to blockchain applications.
There is no doubt that everyone is looking for the $BABY coin after its skyrocketing rise in the past 24 hours. The BABY coin was listed on Binance a few days ago, but it seems that some investors see a future for the project. So what is the Baby coin and what is its project? In this article, we answer these questions. What is the Babylon project? Essentially, the Babylon project provides liquid staking services for Bitcoin, which is considered the infrastructure for blockchain networks.
Binance announced last week the launch of the MegaDrop event for the KERNEL DAO project and its KERNEL token. MegaDrop projects stand out from other distribution methods, as it does not only involve staking BNB, but also requires completing Web3 tasks. In this article, we will cover all the details related to the Kernel project, along with a comprehensive explanation of how to participate in the MegaDrop event.
Undoubtedly, BNB is considered one of the most important cryptocurrencies in the market right now. In addition to being associated with the largest trading platform in the market over the past years, it is also the primary currency for the third largest blockchain network, which is the BNB Chain. Moreover, it is the fourth largest cryptocurrency, excluding stablecoins, in terms of market capitalization.
One of the most dangerous things you may face in a token you are invested in is the unlocks, or what is known as token unlocks. In this article, we will delve into explaining this term and how you can discover through Binance whether your token is at risk of unlocks. What are token unlocks? Most cryptocurrency economics rely on releasing a portion of the total token supply upon listing, with a certain percentage reserved to be unlocked in phases later.
How to Protect Yourself from Scams in the P2P Market?
There is no doubt that the P2P market is the best option for some traders in the cryptocurrency market. A large percentage of traders in the cryptocurrency market reside in countries facing banking difficulties in dealing with cryptocurrencies, so they cannot use the platform's bank transfer for withdrawals and deposits. Therefore, the P2P market is not only the best for this category but is also the only option.
How to create an investment plan for cryptocurrencies?
The cryptocurrency market requires a lot of time and experience. In this market, you cannot follow everything due to its rapid growth and development day by day. Therefore, one of the biggest problems faced by new traders is: how do we set an investment plan? In this article, I will answer this question in detail. 1. Identify the sector you want to invest in
How to trade cryptocurrencies before they are listed on Binance Alpha?
Realistically, if you are waiting for the cryptocurrency to be listed on Binance before investing in it, you are missing out on a significant profit opportunity. Binance, being the largest trading platform, has high requirements in terms of market capitalization and trading volume for the cryptocurrency. When the cryptocurrency meets these requirements, investors who seized it before the listing have already made significant profits.
Everything you need to know about the $BMT currency
Scams in meme coins are widespread, and the methods are evolving day by day! One of the most common methods in the cryptocurrency market is insider trading. The idea behind insider trading is that the project team distributes a large amount of the currency to several separate wallets, but in reality, it returns to the same people, and the goal is to prepare it for dumping on traders as soon as the price is pumped!