Check the breakdown of my portfolio and my returns. Follow me for investment tips. Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally cheaper. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. It is a key difference when evaluating Binance's fees.
$BTC Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally more economical. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. This is a key difference when evaluating Binance's fees.
Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally cheaper. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. It is a key difference when evaluating Binance's fees.
#SouthKoreaCryptoPolicy Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally more economical. This method incurs a fixed fee, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. It is a key difference when evaluating Binance's fees.
#CryptoCharts101 Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally more economical. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. It is a key difference when evaluating Binance's fee.
#TradingMistakes101 Why is it cheaper to withdraw funds on Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally more cost-effective. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. This is a key difference when evaluating Binance's fees.
#CryptoFees101 Why is it cheaper to withdraw funds from Binance via bank transfer compared to using a card? Withdrawing funds via bank transfer is generally more economical. With this method, a fixed fee is charged, for example, €1 per transaction, while card withdrawals are calculated as a percentage, reaching approximately 2% of the amount. Therefore, the transfer option is more advantageous for larger transactions. It is a key difference when evaluating Binance's fees.
$BTC Things are really on a thin thread right now with low volumes and all eyes on Wednesday's monetary policy decision. There is a 99% probability that there will be no rate cuts, so it is very unlikely that this will happen, but it is very likely that the market will take this into account for Wednesday. So the most likely scenario is a drop in the markets, either to 91k or 88k. I'm not really sure, but a drop could occur. More important than that is Powell's economic projection speech to see what the Fed is planning. This way the market can start to anticipate it as well. If the projections are good and the Fed signals a more flexible policy stance in the future, then the markets will recover. However, we also have the CPI report next Tuesday, so keeping that in mind, the next 7 days will be quite interesting. However, I am more inclined towards the bullish side.
#TrumpVsMusk An Unlikely Alliance Musk and Trump formed a powerful but unlikely alliance, which led the tech billionaire to occupy a key position in the Trump administration, with the authority to cut budgets. Musk's Department of Government Efficiency (DOGE) became one of the most important news stories of Trump's first 100 days, shutting down entire agencies and laying off thousands of public employees. However, speculation about when and how the relationship between these two colossal personalities would eventually break down did not take long to emerge. For a time, it seemed those predictions were wrong. Trump supported Musk even when his popularity fell, as he faced government officials and became a liability in several key elections earlier this year.
#CryptoSecurity101 In the Web3 ecosystem, security is not an option, it is a necessity. With millions of dollars in assets lost due to attacks, the correct management of our cryptocurrencies is key to financial survival. A combination of hot wallets for quick operations on Binance, and cold wallets like Ledger for long-term asset storage. Why? Hot wallets are convenient but more exposed; cold wallets, although less accessible, offer robust protection against hacks. Never share your private keys. Enable 2FA verification, avoid suspicious links, and stay updated with the latest phishing threats. Also, remember that no keys = no coins. Knowledge and prevention are your best defense in the crypto world. Protect yourself and help others to be SAFU!
#TradingPairs101 Understanding currency pairs is essential for those starting in the world of cryptocurrencies. A currency pair connects two different types of assets, such as BTC/USDT or ETH/EUR. For example, if you see BTC/USDT, it means you can buy or sell Bitcoin using Tether (a stablecoin). The first currency in the pair is the one you are trading, and the second is the currency used for its quotation. It is important to analyze the volume and liquidity before choosing a pair. Not all pairs are ideal for beginners, so start with the main ones, like BTC/USDT or ETH/USD
#Liquidity101 Let's use Pokémon cards to explain the liquidity of cryptocurrencies. What is liquidity in cryptocurrencies? Imagine you have a very rare Pokémon card, one that only a few extravagant collectors know about and seek. If you decide to sell it, it might take you a long time to find someone who wants to buy it. And if you finally find someone, they might offer you a much lower price than you expected because they know there aren't many interested! Now, think about a common Pokémon card, like a basic Pikachu. If you decide to sell it, you will surely find many people interested in buying it right away and at the price you expect! Liquidity with Pokémon cards: * High liquidity: A cryptocurrency with "high liquidity" is like that basic Pikachu card. There are many more people who want to buy and sell it all the time. This means that if you want to sell it, it's super easy and quick to find a buyer without having to lower the price much. And if you want to buy it, it's also easy to find a seller. Your transaction happens almost instantly and at an acceptable price. * Low liquidity: A cryptocurrency with "low liquidity" is like that very rare Pokémon card that doesn't have many buyers or sellers. If you want to sell it, it will take you longer to find someone who will pay fairly, and if you find them, they might offer you a much lower price because they know there aren't many buyers. Your transaction is slow and may not be at the price you want. Why is liquidity important? Liquidity is key in cryptocurrencies because it ensures that when you want to buy or sell, you can do it quickly: Your transaction happens in the blink of an eye! The most well-known cryptocurrencies, like Bitcoin or Ethereum, have a lot of liquidity because they are like a common Pikachu card: everyone knows them and wants to interact with them!
#OrderTypes101 The types of orders determine how and when your trade is executed. Each type of order has a different purpose and can help you manage risk and optimize your trading strategy. Whether it's a market order for speed or a limit order for better price control, the right tool depends on your trade setup. 💬 Your post may include: · How do Market, Limit, Stop-Loss, and Take-Profit orders work? · When and how do you use each type of order? · Share your preferred order type and why. · Share a real trade where using the right (or wrong) order type made a significant difference.
#CEXvsDEX101 A CEX (centralized exchange) like Binance or Coinbase acts as an intermediary in transactions, offering high liquidity, speed, and user support. However, it requires identity verification (KYC) and holds your funds, which implies certain security risks. A DEX (decentralized exchange) like Uniswap or PancakeSwap allows direct trading between users through smart contracts. It does not require KYC and you control your funds, but it may have lower liquidity, more complex interfaces, and higher fees on some networks. Both have advantages and disadvantages, and the choice depends on your needs for security, privacy, and experience.
#TradingTypes101 TradingTypes101 For the first topic of our In-Depth Analysis on the Fundamentals of Cryptocurrency Trading, let's talk about #TradingTypes101 . Understanding the different types of trading is the first step to building a well-informed strategy. Spot trading, margin trading, and futures trading each offer unique advantages and risks. Choosing the right one depends on your goals, experience, and risk appetite. 💬 Your post could include: · What are the key differences between spot trading, margin trading, and futures trading? · When do you use the different types of trades? Which one do you use most and why? · What advice would you offer to beginners?
#TradingTypes101 #TradingTypes101 Did you know that not all traders are the same? There are different types according to their style and time horizon. The Scalper seeks quick profits in minutes; the Day Trader opens and closes trades on the same day. The Swing Trader holds positions for days or weeks, while the Position Trader bets on the long term. Knowing your type helps you design a strategy that fits your profile and objectives. It's not about copying, but about finding what works for you.
$SOL According to recent market analysis and technical indicators, Solana (SOL) is poised for an interesting journey in 2025. This article provides valuable insights into SOL price predictions, potential return on investment (ROI), and market sentiment to help you make informed decisions.
$BNB 🟡 BNB Chain (BNB): Efficiency and Low Costs ✅ Low fees and fast transactions, ideal for DeFi and GameFi. ✅ Great adoption within the Binance ecosystem. ✅ Deflationary model with token burning, reducing the total supply. ⚠️ Challenges: More centralization, as Binance controls most of the validators.