DoctorJk

How Binance Square works...
Easy to understand...

**What is Binance Square?**
- A social platform by Binance where people share crypto news, posts, videos, and polls.
- It’s a place for crypto fans to connect and learn about cryptocurrencies like WCT.

**What is the WCT Token?**
- WCT (WalletConnect Token) is a crypto coin used in the WalletConnect network.
- It helps connect crypto wallets to apps (like Ethereum or Solana apps) for secure transactions.
- It’s used for fees, voting, and staking, with a total of 1 billion tokens.

**What’s the “Write to Earn” Campaign?**
- A Binance Square event where you create content about WCT to earn extra WCT token rewards.

**When Does It Happen?**
- Starts May 26, 2025, ends June 30, 2025.

**How to Join:**
1. Sign up on Binance Square’s “Write to Earn” page.
2. Post WCT-related content, like:
- Short posts
- Articles
- Videos
- Polls
- Live audio

**How to Earn Rewards:**
- When people click $WCT or a price widget in your content and trade WCT (on Spot, Margin, or Futures), you earn a share of their trading fees.
- Trades must happen right after clicking your content.

**Reward Levels:**
- Based on how much trading your readers do, you get:
- **Top 10 creators**: 100% extra commission
- **11th–30th creators**: 50% extra commission
- **31st–100th creators**: 40% extra commission
- **Others**: 30% extra commission
- These add to regular “Write to Earn” rewards.

**Reward Limit:**
- You can earn up to $5,000 in WCT tokens.

**Key Notes:**
- Not available in some countries (like the U.S.).
- Check the Binance Square promotion page for details.

**Summary**: Join Binance Square, post about WCT, get readers to trade WCT through your content, and earn up to $5,000 in WCT token rewards based on their trades!$

***Crypto Simplified ***
#Binance #CryptoSimplified
What is Cryptocurrency?

A digital or virtual currency.
Uses cryptography for security.
Operates on decentralized networks called blockchains.

***Coin
Native digital currency of its own blockchain (e.g., Bitcoin, Ethereum).
Used as a medium of exchange.
Transactions are recorded on its specific blockchain.

***Token
Created on an existing blockchain (e.g., ERC-20 tokens on Ethereum).
Represents ownership, access, or utility in apps/services.
Not native like coins; built using smart contracts.

***Gas Fee
Fee paid to perform operations (like transactions) on a blockchain.
Measured in units of "gas" (e.g., Ethereum gas).
Required for running smart contracts and sending tokens.

***NFT (Non-Fungible Token)
Unique digital asset representing ownership/authenticity.
Cannot be divided or exchanged 1:1 like coins.
Commonly used for digital art, collectibles, and virtual assets.

***Cryptocurrency Exchange
Online marketplace for buying, selling, and trading cryptocurrencies.
Allows crypto-to-crypto and crypto-to-fiat transactions.

***CEX (Centralized Exchange)
Managed by a company or organization (e.g., Binance, Coinbase).
Requires KYC (ID verification).
Easier for beginners; customer support available.

****DEX (Decentralized Exchange)
Peer-to-peer exchange using smart contracts (e.g., Uniswap).
No central authority or customer service.
More control and privacy, but best for experienced users.

***First Cryptocurrency Purchase (on Binance)

1. Create an Account
2. Verify Identity (KYC)
3. Deposit Local Currency (e.g., USD, EUR)
4. Choose the Cryptocurrency
5. Place a Market Order
6. Confirm the Order
7. Check Wallet for Purchased Crypto
8. Enable Security (2FA, anti-phishing, etc.)

#DIN Earn on Binance with DIN