#CryptoSecurity101 Basics of Security in the World of Cryptocurrency Welcome to the world of cryptocurrency! Independence, anonymity, and control — that's cool. But with that comes responsibility. 📌 Below are the basic security rules that will help you keep your tokens safe. 🔐 1. Keep your private keys like the apple of your eye A private key is your only access to your wallet. If someone finds it out — your coins will disappear. 📍 Do not store keys in the cloud 📍 Do not screenshot, do not take pictures, do not send in messengers 📍 Use hardware wallets (e.g., Ledger, Trezor) for storage 📲 2. Two-factor authentication is a must-have Always enable 2FA (Google Authenticator, Authy). ❌ Do not use SMS codes — they are easy to intercept ✅ 2FA apps are much safer
🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-binance-alpha ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-binance-alpha ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
#CEXvsDEX101 The Difference Between Centralized and Decentralized Exchanges When talking about cryptocurrency trading, there are two main types of platforms: centralized exchanges (CEX) and decentralized exchanges (DEX). A centralized exchange like Binance or Coinbase is managed by a single entity that controls trading operations and holds funds. Users are required to create an account and verify their identity (KYC), which gives it a more organized and secure nature, but it places trust in a third party. On the other hand, decentralized exchanges like Uniswap and PancakeSwap operate without intermediaries, relying on smart contracts to enable users to trade directly from their own wallets, without the need to hand over assets to a third party. CEXs provide higher liquidity and faster execution, but they may be susceptible to hacks or freezing of funds. DEXs, on the other hand, give users full control over their money and privacy, but they may suffer from lack of liquidity or difficulty of use for beginners. Choosing a platform depends on the user's preferences between security, privacy, and ease of use. #CEXvsDEX101🔥
#CEXvsDEX101 CEX vs DEX 101: Where to Trade Your Crypto? Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is crucial for crypto traders. CEXs like Binance offer user-friendly interfaces, high liquidity, and fiat on-ramps, making them great for beginners. However, they are custodial, meaning you don't control your private keys, and require KYC/AML. DEXs like Uniswap prioritize self-custody and privacy (no KYC). You retain full control of your assets, but they can be less user-friendly, have lower liquidity for some tokens, and incur variable network (gas) fees. Ultimately, the best choice depends on your priorities: convenience and features (CEX) or control and privacy (DEX). Many traders utilize both!
🚀Order Types 101: Trade Smarter, Not Harder Master these 5 commands to slash losses and lock in profits.🔥 1. Market Order (The Speed Demon) - What it does: Instantly buys/sells at the current best price. - When to use:Urgent entries/exits (e.g., news drops). - Risk: Slippage in volatile markets → buy high, sell low. - Example: “Buy BTC NOW!” at $69,200 (but fills at $69,350). 2. Limit Order (The Sniper) - What it does: Buys below or sells above a set price. - When to use: Targeting key levels (support/resistance). - Risk: Missed moves if price never hits your level. - Example: “Buy ETH if it dips to $3,650” → fills ONLY at $3,650 or lower. 3. Stop-Loss (The Bodyguard) - What it does: Sells automatically if price hits your pain point. - When to use: NON-NEGOTIABLE. Every. Single. Trade. - Risk: Volatility spikes can trigger premature sales. - Example: Set stop-loss at $0.000045 for PEPE to cap losses. - 4. Take-Profit (The Cash Register) - What it does: Auto-sells at your profit target. - When to use: Locking gains (emotion-free exits). - Risk: Leaving money on the table if rally continues. - Example: “Sell SOL at $200” → exits instantly when hit.
- 5. OCO Order (One-Cancels-Other) (The Chess Master) - What it does: Links two orders (e.g., stop-loss + take-profit). If one executes, the other cancels. - When to use: Trading ranges or high-volatility events. - Example: - Place buy limit at $67,000 BTC. - Attach OCO: take-profit at $70,000 and stop-loss at $66,000. 💰Final Tip: Amateurs focus on entry. Pros focus on exit. Master your exits (stop-loss/take-profit), and you’ll survive the crypto wars. 🔥 #Ordertypes101 #MyCOSTrade #CircleIPO #TrumpTariffs
#liquidity101 Family, eat freely! #XRP has taken off strongly with the momentum of the big pancake and second pancake🛫. Just rose to 2.275, decisively reached target 2, with an explosive gain of over 550.8%. For steady friends, just control your position with BE and operate normally. $XRP This trend is amazing! #liquidity101 #MyCOSTrade
🔸DAY 6 - Here's today's crypto Jumble: 🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-binance-alpha ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now! Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-binance-web3-wallet-and-how-does-it-work ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🔸DAY 6 - Here's today's crypto Jumble: 🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-binance-alpha ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now! Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🧩 Blog Link: [https://academy.binance.com/en/articles/what-is-the-binance-airdrop-portal ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🧩 Blog Link: [https://www.binance.com/en/research/projects/nxpc ](undefined) Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
🧩 Blog Link: [https://www.binance.com/en/support/announcement/detail/515c45c283ea44c59b7f4623a3512666 ](undefined)
Make sure to follow our Binance Square, Like this post and Reply your answers in the comments now!
Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!
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Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool. Top 3 active users making a post with #BinanceJumble win $10 each 5 lucky participants at the end of each week win $5 each!