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ℹ️ Key Terminologies New Binanciers Should know !
Here are some important Binance terminologies and their explanations to help you better understand how the platform works:
1. Spot Trading:
- Spot Trading on Binance refers to buying and selling cryptocurrencies at current market prices. When you make a spot trade, you directly exchange one cryptocurrency for another (e.g., Bitcoin for Ethereum) and the transaction is settled immediately.
2. Margin Trading:
- Margin Trading allows you to borrow funds to increase your trading power. Binance
1. Spot Trading:
- Spot Trading on Binance refers to buying and selling cryptocurrencies at current market prices. When you make a spot trade, you directly exchange one cryptocurrency for another (e.g., Bitcoin for Ethereum) and the transaction is settled immediately.
2. Margin Trading:
- Margin Trading allows you to borrow funds to increase your trading power. Binance
APY Vs APR
Key Differences Between APY and APR
1. Definition:
- APR (Annual Percentage Rate): This is the simple interest rate calculated on your initial investment over a year. APR does not account for compounding interest.
- APY (Annual Percentage Yield): APY includes the interest rate and the effect of compounding, which means it reflects the additional interest earned as the interest itself is reinvested over time.
2. Compounding:
- With APR, you earn interest on your original principal only.
1. Definition:
- APR (Annual Percentage Rate): This is the simple interest rate calculated on your initial investment over a year. APR does not account for compounding interest.
- APY (Annual Percentage Yield): APY includes the interest rate and the effect of compounding, which means it reflects the additional interest earned as the interest itself is reinvested over time.
2. Compounding:
- With APR, you earn interest on your original principal only.
Hamster Kombat Unveils Interlude Season Before HMSTR Airdrop
Hamster Kombat, the popular Telegram tap-to-earn game, has kicked off its “Interlude Season” as it prepares for the launch of its HMSTR token and airdrop on September 26. On Friday, the game took a snapshot of players’ progress, marking the end of the current season.
During this interlude, many familiar features are gone. Players can no longer earn in-game coins by tapping the main screen, and the Mine menu with crypto exchange upgrades has been removed.
Instead, players can earn in-game diamonds by participating in native and partnered games, inviting friends, following social media accounts, and watching Hamster Kombat videos on YouTube.
A new Mine submenu is available in the Playground menu, allowing players to purchase and upgrade startup-themed cards with their diamonds, which will help them earn even more diamonds.
The developers have promised a future season focused on play-to-earn rewards after the airdrop. This interlude serves as a transitional phase, setting the stage for what’s next once the HMSTR token is live.
Credit : Ronak Kumar @ cryptotimes
Hamster Kombat, the popular Telegram tap-to-earn game, has kicked off its “Interlude Season” as it prepares for the launch of its HMSTR token and airdrop on September 26. On Friday, the game took a snapshot of players’ progress, marking the end of the current season.
During this interlude, many familiar features are gone. Players can no longer earn in-game coins by tapping the main screen, and the Mine menu with crypto exchange upgrades has been removed.
Instead, players can earn in-game diamonds by participating in native and partnered games, inviting friends, following social media accounts, and watching Hamster Kombat videos on YouTube.
A new Mine submenu is available in the Playground menu, allowing players to purchase and upgrade startup-themed cards with their diamonds, which will help them earn even more diamonds.
The developers have promised a future season focused on play-to-earn rewards after the airdrop. This interlude serves as a transitional phase, setting the stage for what’s next once the HMSTR token is live.
Credit : Ronak Kumar @ cryptotimes
Hamster Kombat Price Prediction
At launch, $HMSTR will have an initial circulating supply representing 64.38% of its total 100 billion tokens. Key elements of the token distribution include:
Player Season Rewards: 60% of the initial supply is allocated to players, fostering engagement and activity in the ecosystem. Binance Launchpool: 3% of the initial supply will be available through Binance Launchpool, incentivizing early participation and staking.
No additional tokens will be released into circulation for the first six mon
Player Season Rewards: 60% of the initial supply is allocated to players, fostering engagement and activity in the ecosystem. Binance Launchpool: 3% of the initial supply will be available through Binance Launchpool, incentivizing early participation and staking.
No additional tokens will be released into circulation for the first six mon
Hello Disappointed Hamsters!
Have you noticed the Next unlock ?
is there a connection between the Next unlock and the detailed plan card.
I say something bigger is cooking.
#hamster
Have you noticed the Next unlock ?
is there a connection between the Next unlock and the detailed plan card.
I say something bigger is cooking.
#hamster
As the Hamster season concludes, many of us are left feeling a bit disappointed. However, it’s clear that the journey isn’t over yet—Hamster Kombat has always been known for its mysterious, “riddler-type” developments. While we anticipate what’s to come, there’s another opportunity on the horizon that’s worth your attention and energy.
Introducing Blum Coin: A Short-Term Investment Opportunity
Blum Coin is set to launch soon, with an initial price of just $0.04. Unlike ventures that require long-term commitments, Blum offers a time-efficient investment window, needing only a few weeks of your time. With easy tasks to complete, Blum Coin provides an accessible entry into the crypto mining world, allowing you to start earning right away.
Join the Movement Today
Get involved with Blum Coin and begin mining before the official launch. It’s a quick, straightforward process with the potential for promising returns. Don’t miss the chance to be a part of this early-stage opportunity.
#Hamster #blum
Introducing Blum Coin: A Short-Term Investment Opportunity
Blum Coin is set to launch soon, with an initial price of just $0.04. Unlike ventures that require long-term commitments, Blum offers a time-efficient investment window, needing only a few weeks of your time. With easy tasks to complete, Blum Coin provides an accessible entry into the crypto mining world, allowing you to start earning right away.
Join the Movement Today
Get involved with Blum Coin and begin mining before the official launch. It’s a quick, straightforward process with the potential for promising returns. Don’t miss the chance to be a part of this early-stage opportunity.
#Hamster #blum
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