🔁 1. Network Fees These are fees paid to miners or validators for processing transactions on the blockchain. Bitcoin: Fees depend on network congestion. Ethereum: They are called gas fees and vary widely. Solana, Polygon, etc.: Generally have very low fees.
🏦 2. Exchange Fees Platforms like Binance, Coinbase, or Bitso charge fees for trading. Trading fees: A percentage for buying or selling (e.g., 0.1% – 0.5%). Withdrawal fees: Charged when sending crypto to another location. Deposit fees: Some platforms charge for depositing fiat money (USD, EUR, MXN).
👛 3. Wallet Fees Some wallets also apply fees. Non-custodial wallets (e.g., MetaMask): Only pay network fees. Custodial wallets (e.g., Coinbase Wallet): May charge additional fees.
💳 4. Payment Processor Fees When using crypto to pay for products or services (e.g., BitPay): The merchant may pay a 1% fee. Sometimes fees are charged for converting crypto to traditional currency.
#USDC 🪙 What is USDC? USDC is a stable cryptocurrency (stablecoin) created to maintain a 1:1 value with the dollar. For every USDC in circulation, there is supposed to be one real dollar (or an equivalent asset) in reserve. 🔍 Main features of USDC: Issued by: Centre Consortium, an organization founded by Circle and Coinbase.
Stable value: Always aims to maintain 1 USDC = 1 USD. Cash backed: Backed by cash reserves and short-term Treasury bonds. Transparent: Circle publishes audits and regular reports on its reserves. Multi-platform: Works on several blockchains, such as Ethereum, Solana, Avalanche, Algorand, Polygon, among others.
🧾 Uses of USDC: Fast and cheap global transfers. Trading on cryptocurrency exchanges. Protection against the volatility of other cryptocurrencies. Use in DeFi applications (decentralized finance). Digital payments.
⚖️ Regulation
Circle, the company behind USDC, cooperates with regulators and seeks to position itself as a regulated stablecoin in the U.S., unlike others that are more opaque.
#BigTechStablecoin . The expression "Big Tech stablecoin" in Spanish can be translated as "stablecoin of the big tech companies" or "stable currency of the large technology companies." Let's break it down a little more:
What is a stablecoin? A stablecoin is a cryptocurrency whose value is linked to a stable asset, such as fiat currency (for example, the US dollar) or a basket of assets. The goal is to reduce the typical volatility of cryptocurrencies like Bitcoin or Ethereum.
What does "Big Tech" mean? Big Tech refers to the large technology companies, such as: Meta (Facebook) Apple Amazon Google (Alphabet) Microsoft
Real-life example: Libra / Diem from Meta One of the most well-known attempts at a Big Tech stablecoin was Libra, later called Diem, created by Meta (formerly Facebook). The project aimed to launch a global stablecoin but faced regulatory opposition and was ultimately canceled in 2022.
Why is a Big Tech stablecoin important? A stablecoin launched by a large tech company could have a massive impact due to its global user base and technological infrastructure, but it also raises concerns about: Monetary control by private entities Regulatory risks Data privacy
#OrderTypes101 . Los tipos de órdenes determinan cómo y cuándo se ejecuta tu comercio. Cada tipo de orden tiene un propósito diferente y puede ayudarte a gestionar el riesgo y optimizar tu estrategia de comercio. Ya sea una orden de mercado por velocidad o una orden limitada para un mejor control de precios, la herramienta adecuada depende de la configuración de tu comercio. 💬 Tu publicación puede incluir: · ¿Cómo funcionan las órdenes de Mercado, Límite, Stop-Loss y Take-Profit? · ¿Cuándo y cómo utilizas cada tipo de orden? · Comparte tu tipo de orden preferido y por qué. · Comparte un comercio real donde usar el tipo de orden correcto (o incorrecto) marcó una gran diferencia .
#Liquidity101 In the crypto context, liquidity in Spanish refers to the ease with which an asset can be bought or sold without significantly affecting its price.
Simple definition: Liquidity = Ease of converting an asset into cash or another asset without loss of value. Types of liquidity in crypto:
Market liquidity:
This refers to how easy it is to buy or sell a cryptocurrency without the price moving too much. A market with high liquidity has many buyers and sellers, which means you can make large transactions quickly and at fair prices. Example: Bitcoin and Ethereum have high liquidity.
Token liquidity:
In DeFi platforms (like Uniswap, PancakeSwap), liquidity comes from liquidity pools. Users deposit token pairs into a pool, allowing others to make exchanges. This is called providing liquidity, and those who do so are called liquidity providers (LPs) and they usually earn fees. Importance of liquidity in crypto: Lower price slippage. Greater price stability. Ease of entering and exiting the market. Better conditions for arbitrage.
Security in cryptocurrencies refers to all the practices, technologies, and measures necessary to protect your digital assets (such as Bitcoin, Ethereum, or other tokens) from theft, fraud, hacking, and loss.
⚠️ Main threats Phishing: Fake emails or messages that trick you into giving away your private keys or recovery phrases. Malware: Malicious programs that steal passwords or spy on your activity. Fake platforms: Exchanges or wallets that seem legitimate but are scams.
Loss of private keys or seed phrases: If you lose them, you will not be able to recover your funds.
Attacks on exchanges: Even if you use a reliable platform, if it is hacked, you can lose your funds if you do not
#TrumpVsMusk 🇺🇸 Trump vs Musk: Currencies and Cryptocurrencies
TopicDonald TrumpElon Musk💰 OverviewPro cash and traditional monetary controlPro financial decentralization with cryptocurrencies🪙 Bitcoin/DogecoinBefore: "a scam" Now: accepts donations in cryptoSupports and has invested in both; Dogecoin is his favorite🏦 Digital dollar (CBDC)Completely opposes: sees it as a surveillance toolNeutral but open to financial technological innovation🏛 State interventionPrefers control and oversight of the monetary systemWants less state intervention and more financial freedom🚀 Impact on marketsHis speeches affect banks and the dollarHis tweets directly influence cryptocurrencies and stocks💬 Key phrases"I will protect cash and stop the digital dollar""Dogecoin is the people's crypto"📉 Recent conflictsAccused Musk of manipulating and exploiting the governmentSuggested that Trump is linked to scandals and corruption
#TradingPairs101 In the context of Bitcoin and cryptocurrencies, a trading pair is a combination of two currencies that you can exchange with each other on an exchange platform.
🔁 What is a trading pair? A trading pair indicates which currency you are buying and which you are using to pay.
For example: BTC/USDT 👉 You are buying Bitcoin (BTC) and paying with Tether (USDT). ETH/BTC 👉 You are buying Ethereum (ETH) and paying with Bitcoin (BTC). BTC/EUR 👉 You buy BTC and pay with euros.
📌 Common types of pairs Pairs with fiat currencies (traditional money): BTC/USD (dollars) BTC/EUR (euros) BTC/ARS (Argentine pesos), etc. Crypto-to-crypto pairs: BTC/ETH BTC/USDT BTC/BNB
🧠 Why are they important? They allow you to calculate the value of one crypto relative to another. They are key for trading (buying low and selling high). Some exchanges offer more pairs than others, which provides more movement options.
$BTC Bitcoin (BTC) is a digital currency or cryptocurrency that operates without the need for banks or governments. It was created in 2009 by a person (or group) under the pseudonym Satoshi Nakamoto. Here I explain its key points clearly:
🔑 What is Bitcoin? Decentralized: It does not depend on any country, bank, or institution. No one controls it. Digital: It does not exist in physical form. It only lives on the internet. Limited: Only 21 million bitcoins will ever exist. This makes it scarce, like gold. Transparent: All transactions are recorded in a public ledger called blockchain.
⚙️ How does it work? Blockchain: It is a public database that stores all transactions. Mining: These are computers that validate those transactions. In return, they receive bitcoins as a reward. Wallets: This is where you store your bitcoins. It can be an app, a physical device, or even paper.
🧠 What is it used for? Sending money without intermediaries: Faster and cheaper, especially for international transfers. Investment: Many people see it as a "digital gold" to protect their money. Payment for products or services: Some companies accept BTC as a form of payment.
#OrdenTypes101 In the stock market (securities market), there are several types of orders that investors can use to buy or sell assets such as stocks, bonds, ETFs, etc. Here are the most common ones:
📈 1. Market Order
Definition: Executes the purchase or sale immediately at the best available price.
✅ Advantages: High probability of quick execution.
⚠️ Disadvantages: Price is not controlled; there may be slippage if the market is volatile.
💰 2. Limit Order
Definition: Buys or sells at a specific price or better.
Limit Buy: executes only if the price drops to your limit.
Limit Sell: executes only if the price rises to your limit.
✅ Advantages: Total control over the price.
⚠️ Disadvantages: Does not guarantee execution if the price is not reached.
⏱ 3. Stop Order (Stop Loss)
Definition: Becomes a market order when the price reaches a specific level (stop price).
Example: you sell a stock automatically if it drops to $50.
✅ Advantages: Useful for limiting losses.
⚠️ Disadvantages: Once activated, it may execute at a worse price if there is high volatility.
🧷 4. Stop Limit Order
Definition: Activates when the stop price is reached, but only executes if it can be done within a limited price range.
✅ Advantages: Combines price control with protection.
⚠️ Disadvantages: May not execute if the price moves quickly outside the range.
🔄 5. Trailing Stop Order
Definition: It is a type of stop that automatically adjusts as the asset price rises (or falls, in the case of short positions).
#CEXvsDEX101 Which of the 2 best options is usually better? Well, this depends on each user. While a centralized exchange is much better when it comes to support, we have the distrust of manipulation or things that may affect.
#CexvsDes101 Which of the 2 options is the best option, well this depends on each user, a centralized exchange when it comes to support is much better, the crypto world is very volatile, and we have the distrust of manipulation of things that can affect the user.
#TradingTypes101 We have several types of commerce, spot market, a market where you acquire an asset at a price and you keep it in your wallet until you sell it at a price that gives you a profit.
#USDC USDC the most stable currency, in the crypto world is your best ally on Binance, as a stablecoin backed 1 x 1 dollar in audited reserves, your best option .$USDC
$BTC Did you know that Binance offers ways to earn without trading? Many are not aware of Binance Earn, Staking, and Launchpool! You can generate passive income while you sleep.