Candra Donnan avpR
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A new disaster for Bitcoin due to the feud between Trump and Elon Musk
The drama between Trump and Elon Musk is heating up🔥
Trump called him "mentally unstable", and Musk responded: "Without me, you would have lost the election!"
Trump threatened to cut his support, and Musk said he would stop Dragon vehicles 🚀
And the result? Tesla's stock dropped 14% in one day 💥
Who do you think is right in this drama?
$BTC
The drama between Trump and Elon Musk is heating up🔥
Trump called him "mentally unstable", and Musk responded: "Without me, you would have lost the election!"
Trump threatened to cut his support, and Musk said he would stop Dragon vehicles 🚀
And the result? Tesla's stock dropped 14% in one day 💥
Who do you think is right in this drama?
$BTC
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#TrumpVsMusk
Trump issued a threat on his social media platform, stating: "The easiest way to save money in our budget, billions and billions of dollars, is to end government support for Elon and his contracts".
If Trump directs government agencies against Musk, the tech billionaire will feel the pain. Tesla's stock price dropped by 14 percent on Thursday.
However, Musk also has almost limitless resources to retaliate, including funding rebellious challengers against Republicans in next year's elections and the primaries. He may not win a battle against the entire Trump administration, but he could impose a hefty political cost on him.
Musk wrote on X: "Trump has three and a half years left in his presidency, but I will be here for over 40 years".
$BNB
Trump issued a threat on his social media platform, stating: "The easiest way to save money in our budget, billions and billions of dollars, is to end government support for Elon and his contracts".
If Trump directs government agencies against Musk, the tech billionaire will feel the pain. Tesla's stock price dropped by 14 percent on Thursday.
However, Musk also has almost limitless resources to retaliate, including funding rebellious challengers against Republicans in next year's elections and the primaries. He may not win a battle against the entire Trump administration, but he could impose a hefty political cost on him.
Musk wrote on X: "Trump has three and a half years left in his presidency, but I will be here for over 40 years".
$BNB
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#CryptoSecurity101
Phishing Operations*: Phishing operations related to cryptocurrencies cost users $5.29 million in April, with attackers diversifying their methods. A phishing theft of $4 million from Aave ETH was also reported, highlighting the complexity of these attacks.
- *Malware*: A warning from Bitcoinlib about malware regarding fake Python packages targeting cryptocurrency wallets. Malware attacks and address poisoning attacks are also other threats to be wary of.
- *Hacks*: The Curve Finance account on platform X was hacked, and OKX DEX resumed operations after a $100 million money laundering scandal with immediate disclosure of the misuse ¹ ² ³.
*Security Measures:*
- *Cold Multi-Signature Wallets*: Consider using cold multi-signature wallets for added security, but be aware that they are not completely foolproof.
- *Private Key Security*: Prioritize private key security and smart contract audits to protect decentralized finance.
- *Two-Factor Authentication*: Enable two-factor authentication and use strong passwords to protect your accounts.
- *Verification of Websites and Applications*: Always verify the credibility of websites and applications to avoid phishing scams.
Phishing Operations*: Phishing operations related to cryptocurrencies cost users $5.29 million in April, with attackers diversifying their methods. A phishing theft of $4 million from Aave ETH was also reported, highlighting the complexity of these attacks.
- *Malware*: A warning from Bitcoinlib about malware regarding fake Python packages targeting cryptocurrency wallets. Malware attacks and address poisoning attacks are also other threats to be wary of.
- *Hacks*: The Curve Finance account on platform X was hacked, and OKX DEX resumed operations after a $100 million money laundering scandal with immediate disclosure of the misuse ¹ ² ³.
*Security Measures:*
- *Cold Multi-Signature Wallets*: Consider using cold multi-signature wallets for added security, but be aware that they are not completely foolproof.
- *Private Key Security*: Prioritize private key security and smart contract audits to protect decentralized finance.
- *Two-Factor Authentication*: Enable two-factor authentication and use strong passwords to protect your accounts.
- *Verification of Websites and Applications*: Always verify the credibility of websites and applications to avoid phishing scams.
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#TradingPairs101
In Brief
In cryptocurrency trading, a trading pair is simply two assets that can be exchanged for each other (e.g., BTC/USDT). Every trade you make uses a pair.
The pair consists of:
* Base Currency: the asset you are buying or selling (the first part of the pair, e.g., BTC in BTC/USDT).
* Quote Currency: the asset used to determine the price of the base currency (the second part of the pair, e.g., USDT in BTC/USDT).
How to read it: BTC/USDT price = 60,000 means that 1 Bitcoin equals 60,000 Tether.
In Brief
In cryptocurrency trading, a trading pair is simply two assets that can be exchanged for each other (e.g., BTC/USDT). Every trade you make uses a pair.
The pair consists of:
* Base Currency: the asset you are buying or selling (the first part of the pair, e.g., BTC in BTC/USDT).
* Quote Currency: the asset used to determine the price of the base currency (the second part of the pair, e.g., USDT in BTC/USDT).
How to read it: BTC/USDT price = 60,000 means that 1 Bitcoin equals 60,000 Tether.
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#Liquidity101
Liquidity means the ability of assets to be converted into cash quickly without a significant loss in value.
The higher the liquidity, the greater the flexibility of the entity in facing sudden obligations or seizing opportunities.
🔑 Key understanding:
"High liquidity = Greater financial security, but usually lower returns."
Liquidity means the ability of assets to be converted into cash quickly without a significant loss in value.
The higher the liquidity, the greater the flexibility of the entity in facing sudden obligations or seizing opportunities.
🔑 Key understanding:
"High liquidity = Greater financial security, but usually lower returns."
See original
#OrderTypes101
Order types determine how and when your trade is executed. Each type of order has a different purpose and can help you manage risk and enhance 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 settings.
Order types determine how and when your trade is executed. Each type of order has a different purpose and can help you manage risk and enhance 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 settings.
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#CEXvsDEX101
If you are new to the world of crypto or need to convert fiat currencies, centralized exchanges are the best option for their ease of use and liquidity. However, if you are an expert and prefer full control over your money and privacy, decentralized exchanges provide that. Many users choose to use both depending on their needs.
If you are new to the world of crypto or need to convert fiat currencies, centralized exchanges are the best option for their ease of use and liquidity. However, if you are an expert and prefer full control over your money and privacy, decentralized exchanges provide that. Many users choose to use both depending on their needs.
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#TradingTypes101
In the world of cryptocurrencies, understanding the types of trading is a crucial step to avoid risks and make smart decisions. There are several methods that traders rely on, each suited to different goals and strategies:
1️⃣ Spot Trading: Buying and selling currencies directly at market price, suitable for beginners and those looking for quick deals.
2️⃣ Margin Trading: Allows the use of borrowed funds to achieve multiplied profits, but it carries higher risks and requires precise capital management.
In the world of cryptocurrencies, understanding the types of trading is a crucial step to avoid risks and make smart decisions. There are several methods that traders rely on, each suited to different goals and strategies:
1️⃣ Spot Trading: Buying and selling currencies directly at market price, suitable for beginners and those looking for quick deals.
2️⃣ Margin Trading: Allows the use of borrowed funds to achieve multiplied profits, but it carries higher risks and requires precise capital management.
binance treading
LET’S LEARN TRADING ON BINANCE LITE
If you are new to crypto or a seasoned trader who wants a simpler version of the Binance App to buy, sell, or convert crypto — presenting you with Binance Lite.
BINANCE LITE
Binance Lite is the simplest version of the Binance App providing you with a modest amount of information. In some cases, Binance Lite proves to work better than the pro version of Binance with users having low-quality internet connections or using old phone devices.
Tap on the top left corner of your home screen, you’ll see Binance Lite written at the bottom
BINANCE LITE WORKINGS
When you open Binance Lite, you’ll see a list of cryptocurrencies on your home screen. You can sort them out according to your preferences e.g., market capitalization, price trend, most popular, etc.
If you want to see the price trend of a specific coin on a simple candlestick chart, just tap on it. You can adjust the chart to display the trend over various periods.
At the bottom of the page, you will find all the necessary information and news about the selected cryptocurrency.
In addition to basic trading features, Binance Lite offers a range of Binance Earn products that can help you expand your cryptocurrency holdings.
HOW TO BUY CRYPTO USING BINANCE LITE
STEP-01
Click on the cryptocurrency you want to buy. Let's say you want to buy BNB. Click on BNB, a page will appear on which you will see a simple BNB trend chart, the current price, and coin specifics.
In the right bottom corner, you will see ‘BUY’ Click on it!
STEP-2
Write the amount you want to pay to buy BNB and tap on ‘BUY’ again!
Select the payment method from which you are going to pay to the seller and tap on ‘CONFIRM’
STEP-3
Next, you’ll see your order details, and out of BNB, you are going to get. Check out the payment details and make payment according to the seller’s terms.
After you make the payment take a screenshot and tap on ‘Transferred, notify seller’
STEP-4
You’ll see BNB in your portfolio after it. It's that easy to buy cryptocurrency from Binance Lite without any hassle.
HOW TO SELL CRYPTO USING BINANCE LITE
STEP-1
On the bottom right corner, tap on portfolio. There you’ll the assets you are having
Tap on the asset you want to sell!
STEP-2
A page will appear where all your transaction history and balance in that crypto will appear. On the top, tap on ‘Sell’
Enter the amount of crypto you want to sell and on the bottom tap on ‘Sell’ again
STEP-3
Here you go! Select the method you want to get your fiat currency into! And, you are done!
Once you get the payment, you will recheck it by logging into your account and then release your crypto!
#Binance #BinanceLite #Trading #BNBLUNCPOOL #BinanceLaunchpool
If you are new to crypto or a seasoned trader who wants a simpler version of the Binance App to buy, sell, or convert crypto — presenting you with Binance Lite.
BINANCE LITE
Binance Lite is the simplest version of the Binance App providing you with a modest amount of information. In some cases, Binance Lite proves to work better than the pro version of Binance with users having low-quality internet connections or using old phone devices.
Tap on the top left corner of your home screen, you’ll see Binance Lite written at the bottom
BINANCE LITE WORKINGS
When you open Binance Lite, you’ll see a list of cryptocurrencies on your home screen. You can sort them out according to your preferences e.g., market capitalization, price trend, most popular, etc.
If you want to see the price trend of a specific coin on a simple candlestick chart, just tap on it. You can adjust the chart to display the trend over various periods.
At the bottom of the page, you will find all the necessary information and news about the selected cryptocurrency.
In addition to basic trading features, Binance Lite offers a range of Binance Earn products that can help you expand your cryptocurrency holdings.
HOW TO BUY CRYPTO USING BINANCE LITE
STEP-01
Click on the cryptocurrency you want to buy. Let's say you want to buy BNB. Click on BNB, a page will appear on which you will see a simple BNB trend chart, the current price, and coin specifics.
In the right bottom corner, you will see ‘BUY’ Click on it!
STEP-2
Write the amount you want to pay to buy BNB and tap on ‘BUY’ again!
Select the payment method from which you are going to pay to the seller and tap on ‘CONFIRM’
STEP-3
Next, you’ll see your order details, and out of BNB, you are going to get. Check out the payment details and make payment according to the seller’s terms.
After you make the payment take a screenshot and tap on ‘Transferred, notify seller’
STEP-4
You’ll see BNB in your portfolio after it. It's that easy to buy cryptocurrency from Binance Lite without any hassle.
HOW TO SELL CRYPTO USING BINANCE LITE
STEP-1
On the bottom right corner, tap on portfolio. There you’ll the assets you are having
Tap on the asset you want to sell!
STEP-2
A page will appear where all your transaction history and balance in that crypto will appear. On the top, tap on ‘Sell’
Enter the amount of crypto you want to sell and on the bottom tap on ‘Sell’ again
STEP-3
Here you go! Select the method you want to get your fiat currency into! And, you are done!
Once you get the payment, you will recheck it by logging into your account and then release your crypto!
#Binance #BinanceLite #Trading #BNBLUNCPOOL #BinanceLaunchpool
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