Asif Ahmed Tasin

$BTC
Bitcoin (BTC) is a cryptocurrency (a virtual currency) designed to act as money and a form of payment outside the control of any one person, group, or entity. This removes the need for trusted third-party involvement (e.g., a mint or bank) in financial transactions.

#FTXrepayment
FTX Digital Markets is set to begin repaying $1.2 billion to its creditors, marking the first major distribution since the exchange collapsed in 2022. Payments will start with priority given to creditors with claims under $50,000. This is part of the ongoing bankruptcy process following FTX’s downfall, which resulted in an estimated $9 billion in losses across the industry.

#BNB走势
#BNB_Market_Update
What is BNB?
BNB is the native token of the decentralized BNB Chain, where it powers transactions, pays for fees, and allows for participation in governance. It can also be used on the Binance exchange for benefits such as trading fee discounts, token airdrops, and VIP membership. The BNB burn mechanism involves periodically buying back and permanently destroying a portion of BNB tokens to reduce the total supply. Check BNB's price page for real-time updates on market cap and price movements.

Post-Only Orders
Post-Only orders are a limit order type on Delta which is only accepted if it does not immediately match with an existing order in the book. In line with this, a Post-Only order is one which is “posted” in the order book and which is not executed upon submission. Post-Only orders add liquidity to the order book (as opposed to taking liquidity), ensuring that traders pay the maker fee upon submission, as opposed to the taker fee. To enable Post-Only mode, simply check the "Post Only" button in the order form prior to submitting your order. For information on further order types, visitDelta Order Types. For video demonstrations, visit theDelta Youtube channel.

#BNBChainMeme
Available as an additional option to Limit or Conditional Limit Orders, Post-Only Orders serve to strictly ensure that your Limit Orders will be placed into the order book, and therefore you pay a lower trading fee than it is ultimately executed. By selecting this option, the system will automatically cancel the limit order, if it detects that it will be executed immediately upon the order placement.

Please note that Post-Only orders are supported in Spot Trading (for Unified Trading Account users) and in Perpetual & Futures Trading (for both Standard and UTA users).

Main purpose for trading
By selecting the Post-Only option with their Limit Orders, traders can ensure that their Limit Orders will enter the order book and therefore pay a lower trading fee when the order is executed. What this means for traders is that they can now have more control over their trading fees, which is particularly sensitive for large volume or scalp traders.

#CardanoETFTalk
A post-only order, used with limit orders, ensures your order is added to the order book as a "maker" order, not executed immediately, and only charged maker fees if filled, preventing unintended taker fees and immediate execution.
Here's a more detailed explanation:
Purpose:
Post-only orders are designed to add liquidity to the market by ensuring your limit order is placed in the order book as a maker order, rather than immediately matching with an existing order as a taker.
How it works:
When you place a post-only order, the exchange will only accept it if it would be added to the order book as a maker order (meaning it would not immediately match with an existing order).
Maker vs. Taker:
Maker: A trader who adds liquidity to the market by placing orders that are not immediately executed.
Taker: A trader who removes liquidity from the market by immediately executing a trade against an existing order.
Benefits:
Lower trading fees: By ensuring your order is a maker order, you can potentially pay lower trading fees (maker fees) compared to taker fees.
Control over execution: Post-only orders give you more control over when and how your order is executed, preventing unintended immediate executions and potentially better prices.
Avoids unintended taker fees: If a post-only order would immediately execute as a taker order, it will be canceled, preventing you from paying higher taker fees.

#MileiMemeCoinControversy
On Binance, a "Post Only" order, when used with a limit order, ensures that your order only becomes a maker order on the order book, meaning it will not immediately match and execute against existing orders, potentially saving on taker fees.
Here's a more detailed explanation:
What it does:
A "Post Only" order, when checked while placing a limit order, prevents your order from being executed immediately against existing orders in the order book.
Maker vs. Taker:
Instead, your order will be added to the order book as a maker order, meaning it adds liquidity to the market.
Fee Implications:
You'll only be charged a maker fee, which is typically lower than the taker fee, when your order is eventually executed.

#BNBChainMeme
Account Creation and Verification
Go to Biance.com and click on sign up with phone or email; alternatively, you can sign up using your Google account.

For the sake of this tutorial, we will be focusing on using email. Keep in mind that whether you use your phone or email to sign up, you will still add the other later for security reasons.

After you must have clicked on “sign up with phone or email”, you will be asked to select your country the way it is shown below.

Note: Your country is automatically selected based on your IP. You need to click the confirm button now, meaning you confirm that the selected country by Binance is correct.

#CardanoETFTalk
Binance Square
What is Binance Spot Trading? For Newbies

Crypto Eagles

Jun 27, 2024

Binance Spot Trading is a prominent feature offered by Binance, one of the leading cryptocurrency exchanges globally. It allows users to engage in buying and selling various cryptocurrencies at their current market prices directly on the Binance platform.

Unlike other trading methods such as futures or options trading, Binance Spot Trading involves the direct exchange of cryptocurrencies without leverage or predetermined contract terms.

With Binance Spot Trading, users have access to a wide range of cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and numerous altcoins.

Binance’s spot trading market is known for its high liquidity, enabling traders to execute trades quickly and efficiently.

The exchange provides real-time price updates, ensuring traders have access to the most accurate market data.

One of the key advantages of Binance Spot Trading is its user-friendly interface.

Binance has designed its trading platform to be intuitive and accessible to both novice and experienced traders.

The interface features market charts, different order types (such as limit, market, and stop-limit orders), and a trade history section, all of which facilitate seamless trading experiences.

To get started with Binance Spot Trading, users need to create an account on the Binance exchange and complete the verification process, which may involve submitting identification documents depending on the desired verification level.

Once the account is set up, users can deposit funds into their Binance accounts.

Binance supports a variety of cryptocurrencies and fiat currencies for deposits, providing flexibility for traders.

Navigating the trading interface is straightforward on Binance. Users can access market charts to analyze price trends, monitor their favorite cryptocurrencies, and make informed trading decisions.

They can choose between market orders, which execute trades at the best available price, or limit orders, which allow traders to

#GeopoliticalImpactOnBTC
Binance Spot Trading is a prominent feature offered by Binance, one of the leading cryptocurrency exchanges globally. It allows users to engage in buying and selling various cryptocurrencies at their current market prices directly on the Binance platform.

Unlike other trading methods such as futures or options trading, Binance Spot Trading involves the direct exchange of cryptocurrencies without leverage or predetermined contract terms.

With Binance Spot Trading, users have access to a wide range of cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and numerous altcoins.

Binance’s spot trading market is known for its high liquidity, enabling traders to execute trades quickly and efficiently.

The exchange provides real-time price updates, ensuring traders have access to the most accurate market data.

One of the key advantages of Binance Spot Trading is its user-friendly interface.

Binance has designed its trading platform to be intuitive and accessible to both novice and experienced traders.

The interface features market charts, different order types (such as limit, market, and stop-limit orders), and a trade history section, all of which facilitate seamless trading experiences.

To get started with Binance Spot Trading, users need to create an account on the Binance exchange and complete the verification process, which may involve submitting identification documents depending on the desired verification level.

Once the account is set up, users can deposit funds into their Binance accounts.

Binance supports a variety of cryptocurrencies and fiat currencies for deposits, providing flexibility for traders.

I’ve recently been trading using post only orders by setting the timeInForce=‘GTX’, and I noticed that for some orders, they would simply spoof without returning any error messages.

Normally, if I trade with timeInForce=‘GTC’, some of my orders would trigger error responses like “Order would immediately trigger” or “ReduceOnly Order is rejected”, but with post only orders, I don’t get any error message, binance server would always return saying it received my order, and the orderStatus would be ‘NEW’, however, often the order will almost immediately disappear and spoof, leaving no history of the order ever existed.

I’m assuming this is because the order I sent isn’t able to be triggered as a maker order, so binance server simply deletes it without returning any error message? Is this normal?

#BNBChainMeme
#BTC走势分析
How to open a Binance Futures account

Before opening a Binance Futures account, you need a standard Binance account. If you don't have one, you can go to Binance and click Register in the upper right corner of your screen. Then follow the following steps:

Enter your email address and create a secure password. If you have a Referral ID, paste it into the Referral ID box. If you don't have one, you can use ourreferral link to receive a 10% discount on spot/margin trading fees.


When you're ready, click Create Account.

You will receive a verification email shortly. Follow the instructions in the email to complete your registration.

Next, log in to your Binance account, move your mouse to the bar at the top of the page, and click on USD(S)-M Futures.



Click the Open Now button to activate your Binance Futures account. That's all. You are ready to trade!

#AIandStablecoins
#Binance
#ByCoin2024
Types of Order on Binance Futures

2019-09-23 06:34

Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.

Currently, Binance Futures supports 11 types of order:

1. Limit Order

2. Market Order

3. Stop-Limit Order

4. Stop Market order

5. Trailing Stop Order

6. Post Only Order

7. Limit TP/SL Order (Strategy Order)

8. Reverse Order

9. Scaled Order

10. Conditional Order

11. TWAP

COVID-19 Vaccine Trial Scam Websites
In mid-to-late 2020, reports of false COVID-19 treatments appeared. These COVID-19 scams involve gathering payment information or valuable details like your social security number (SSN) in exchange for an entry into the trial testing of a COVID-19 vaccine.

While authentic vaccination trials may offer payouts and ask for personal information, no compromising information is required to participate. Payouts for clinical trials are often done via gift card, whereas the scam may ask for your card details or even your bank account number. Basic personal information is also commonly provided in real trials but never includes your SSN or other intimate details.

DMV Phishing Scam Websites
In October 2020, phishing scams have taken advantage of a move to online services by posing as the Department of Motor Vehicles (DMV). Creating websites that mimic legitimate DMV sites has allowed scammers to take fraudulent vehicle registration payments and more.

How to identify fake websites
Fortunately, there are several simple ways to protect yourself from scam websites to ensure your family and your wallet stay safe as you navigate the World Wide Web.

By following the tips below, you can better protect against these threats:

Emotional language: Does the website speak in a way that may heighten your emotions? Proceed with caution if you feel an elevated level of urgency, optimism, or fear.
Poor design quality: It may sound a little obvious but look closely at how a site is designed. Does it have the type of design skill and visual quality you would expect from a legitimate website? Low-resolution images and odd layouts can be a warning sign of a scam.
Odd grammar: Look for things like spelling mistakes, broken or stilted English, or really obvious grammar errors, such as the incorrect use of plural and singular words.
Absence of identifying web pages: Additionally, a proper business website should have basic pages, such as a "Contact Us" page and an "About Us" page. If you're uncertain, give the business a call.

Types of scam websites
Scam websites, like many other scam types, operate under different premises despite sharing similar mechanics. As we detail exactly what types of premises a scam website might use, you'll be better equipped to spot future attempts. Here are some common formats of scam sites:

Phishing Scam Websites
Phishing websites are a popular tool that attempts to present false situations and get users to disclose their private information. These scams often pose as legitimate companies or institutions such as banks and email providers.

Attackers typically bait users to the website with emails or other messages claiming an error or another issue that requires your action to proceed. The scam presents a situation that asks you to provide an account login, credit card information, or other sensitive data. This culminates in the misuse of anything obtained from victims of these attacks.

Online Shopping Scam Websites
As one of the most prevalent schemes, online shopping scam websites use a fake or low-quality online store to collect victims' credit card information.

These scams are troublesome as they can sometimes deliver the products or services to create the illusion of trustworthiness. However, the quality is inevitably subpar. More importantly, it is an uncontrolled gateway to obtain your credit card details for excessive and unpermitted use.

Scareware Scam Websites
Scareware website scams involve the use of fake security alert popups to bait you into downloading malware disguised as an authentic antivirus program. They do this by claiming your device has a virus or malware infection, fear and urgency may drive you to download a solution.

Owning a real internet security suite would help prevent malware downloads, but users who don't have it may fall prey to this.

Sweepstakes Scam Websites
Sweepstakes scams involve giveaways of large prizes that entice users to engage, ultimately providing financial information to pay a false fee.

This fee may be presented as taxes on the prize or a shipping charge.

How does a scam website exploit you?
At their core, scam websites make use of social engineering — exploits of human judgment rather than technical computer systems.

Scams using this manipulation rely on victims believing that a malicious website is legitimate and trustworthy. Some are deliberately designed to look like legitimate, trustworthy websites, such as those operated by official government organizations.

Websites designed for scamming are not always well-crafted, and a careful eye can reveal this. To avoid being scrutinized, a scam website will use an essential component of social engineering: emotion.

Emotional manipulation helps an attacker bypass your natural skeptical instincts. These scammers will often attempt to create these feelings in their victims:

Urgency: Time-sensitive offers or account security alerts can push you to immediate action before thinking critically.
Excitement: Attractive promises such as free gift cards or a rapid wealth-building scheme can trigger optimism that may lead you to overlook any potential downsides.
Fear: False virus infections and account alerts lead to panicked action that often ties in with feelings of urgency.
Whether these emotions work in tandem or alone, they each serve to promote the attacker's goals. However, a scam can only exploit you if it feels relevant or relatable to you. Many variants of online scam sites exist specifically for this reason.

How does a scam website work?
Scam websites work in a wide variety of ways, from publishing misleading information to promising wild rewards in a financial exchange. The end goal is almost always the same: to get you to relinquish your personal or financial information.

A website of this nature may be a standalone website, popups, or unauthorized overlays on legitimate websites via clickjacking. Regardless of presentation, these sites work methodically to attract and misguide users.

Attackers using scam websites will typically use these steps to deceive users:

Bait: Attackers draw internet users to the website through various distribution channels.
Compromise: Users take an action that will expose their information or devices to the attacker.
Execute: Attackers exploit the users to misuse their private information for personal gain or to infect their devices with malicious software for various purposes.
While a given scheme may be more complex, most can be distilled to these three basic stages.

A scam website may lure internet users through many communication channels, such as social media, email, and text messaging. Search results are sometimes manipulated through search engine optimization (SEO) methods, leading to malicious sites appearing in top positions.

By appearing as an attractive offer or a frightening alert message, users are more receptive to these schemes. Most scam websites are driven by psychological exploits to make them work.

Understanding exactly how these scams trick you is an essential part of protecting yourself. Let's unpack exactly how they accomplish this exploitation.

What are scam websites?
Scam websites are any illegitimate internet websites used to deceive users into fraud or malicious attacks. Scammers abuse the anonymity of the internet to mask their true identity and intentions behind various disguises. These can include false security alerts, giveaways, and other deceptive formats to give the impression of legitimacy.

Although the internet has numerous useful purposes, not everything on the web is what it seems. Among the millions of legitimate websites vying for attention are websites set up for an array of nefarious purposes. These websites attempt anything from perpetrating identity theft to credit card fraud.

Four tips to invest in cryptocurrency safely
According to Consumer Reports, all investments carry risk, but some experts consider cryptocurrency to be one of the riskier investment choices out there. If you are planning to invest in cryptocurrencies, these tips can help you make educated choices.

Research exchanges:

Before you invest, learn about cryptocurrency exchanges. It’s estimated that there are over 500 exchanges to choose from. Do your research, read reviews, and talk with more experienced investors before moving forward.

Know how to store your digital currency:

If you buy cryptocurrency, you have to store it. You can keep it on an exchange or in a digital wallet. While there are different kinds of wallets, each has its benefits, technical requirements, and security. As with exchanges, you should investigate your storage choices before investing.

Diversify your investments:

Diversification is key to any good investment strategy, and this holds true when you are investing in cryptocurrency. Don't put all your money in Bitcoin, for example, just because that's the name you know. There are thousands of options, and it's better to spread your investment across several currencies.

Prepare for volatility:

The cryptocurrency market is highly volatile, so be prepared for ups and downs. You will see dramatic swings in prices. If your investment portfolio or mental wellbeing can't handle that, cryptocurrency might not be a wise choice for you.

Cryptocurrency is all the rage right now, but remember, it is still in its relative infancy and is considered highly speculative. Investing in something new comes with challenges, so be prepared. If you plan to participate, do your research, and invest conservatively to start.

One of the best ways you can stay safe online is by using a comprehensive antivirus. Kaspersky Internet Security defends you from malware infections, spyware, data theft and protects your online payments using bank-grade encryption.

Is cryptocurrency safe?

Cryptocurrencies are usually built using blockchain technology. Blockchain describes the way transactions are recorded into "blocks" and time stamped. It's a fairly complex, technical process, but the result is a digital ledger of cryptocurrency transactions that's hard for hackers to tamper with.

In addition, transactions require a two-factor authentication process. For instance, you might be asked to enter a username and password to start a transaction. Then, you might have to enter an authentication code sent via text to your personal cell phone.

While securities are in place, that does not mean cryptocurrencies are un-hackable. Several high-dollar hacks have cost cryptocurrency start-ups heavily. Hackers hit Coincheck to the tune of $534 million and BitGrail for $195 million, making them two of the biggest cryptocurrency hacks of 2018.

Unlike government-backed money, the value of virtual currencies is driven entirely by supply and demand. This can create wild swings that produce significant gains for investors or big losses. And cryptocurrency investments are subject to far less regulatory protection than traditional financial products like stocks, bonds, and mutual funds.