Explore my portfolio mix. Follow to see how I invest! Centralized exchanges (CEXs) like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While offer ease of use, prioritizing reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive
Centralized exchanges like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While offer ease of use, prioritizing reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive$BONK
#CryptoSecurity101 Centralized exchanges (CEXs) like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While CEXs offer ease of use, prioritizing self-custody reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive
$BTC Why the Crypto Market Crashed Today — June 6, 2025 The cryptocurrency market took a heavy hit today, with top coins like Bitcoin ($BTC ), Ethereum ($ETH ), and Solana posting notable losses. Bitcoin is down about 3.1% in the past 24 hours and currently trades near $101,701, sparking concern across the crypto community
#TrumpVsMusk Why the Crypto Market Crashed Today June 6, 2025 The cryptocurrency market took a heavy hit today, with top coins like Bitcoin (BTC), Ethereum ($ETH ), and Solana ($SOL ) all posting notable losses. Bitcoin is down about 3.1% in the past 24 hours and currently trades near $101,701, sparking concern across the crypto community
#TradingPairs101 Successful trading starts with strong fundamentals. In this latest installment of our Deep Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way
#Liquidity101 For the fourth topic of our Crypto Trading Fundamentals Deep Dive, let’s talk. Liquidity plays a major role in how smoothly trades are executed. Low liquidity can lead to slippage, poor pricing, or even failed trades — especially during volatile market conditions
#OrderTypes101 For the third topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #OrderTypes101 . Order types determine how and when your trade is executed. Each order type serves 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
#TradingTypes101 There are several types of trading in the financial markets, each with different strategies, time horizons, and risk profiles. Here’s a breakdown of the main types:
#CEXvsDEX101 For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 . Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of rtrading. 💬 Your post can include: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and DEX? · What advice would you give to someone using a DEX for the first time? Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Full campaign details here.