Binance Square

زهير صالح

High-Frequency Trader
2.1 Months
متداول من الصفر
144 Following
164 Followers
428 Liked
14 Shared
All Content
--
See original
$ADA $ADA ADA Currency Pair: Smart Investment **$ADA **Choice Cardano (ADA) is one of the most promising cryptocurrencies in the market, known for its strong fundamentals, scientific approach, and scalable blockchain technology. Trading ADA in pairs (like ADA/BTC or ADA/USDT) offers great opportunities for investors looking to diversify their investment portfolios **Why Trade ADA Pairs** High Liquidity ** - ADA is listed on major exchanges **.1, ensuring smooth trades with minimal slippage Strong Development ** - Ongoing Cardano upgrades **.2 (such as Alonzo for smart contracts) Enhance its long-term value Volatility and Profit Potential ** - ADA's price **.3 Creates profitable trading opportunities Staking Rewards ** - Many platforms allow **.4
$ADA $ADA ADA Currency Pair: Smart Investment **$ADA
**Choice
Cardano (ADA) is one of the most promising cryptocurrencies in the market, known for its strong fundamentals, scientific approach, and scalable blockchain technology. Trading ADA in pairs (like ADA/BTC or ADA/USDT) offers great opportunities for investors looking to diversify their investment portfolios
**Why Trade ADA Pairs**
High Liquidity ** - ADA is listed on major exchanges **.1, ensuring smooth trades with minimal slippage
Strong Development ** - Ongoing Cardano upgrades **.2
(such as Alonzo for smart contracts)
Enhance its long-term value
Volatility and Profit Potential ** - ADA's price **.3
Creates profitable trading opportunities
Staking Rewards ** - Many platforms allow **.4
See original
#CardanoDebate #CardanoDebate Statement of Opinion Regarding the Proposal to Use the Cardano Treasury to Enhance DeFi Growth Dear Members of the Arab Cardano Community, In light of the ongoing discussion regarding the recent proposal by Cardano's founder, Charles Hoskinson, to use 140 million ADA (approximately equivalent to 100 million USD) from the project's treasury to buy Bitcoin BTC and some stablecoins built on Cardano such as USDM, USDA, and IUSD, it is essential to pause and reflect on the implications of this step. On one hand, this proposal aims to stimulate growth in the decentralized finance (DeFi) sector on the Cardano network, which still needs a strong boost to attract both users and developers. Diversifying the treasury by purchasing stable assets and Bitcoin may enhance the stability of Cardano's internal economic system and provide strategic flexibility during times of market volatility. We invite everyone to participate thoughtfully in this discussion and express their opinions within the official voting channels, as such decisions not only affect the future of Cardano but also the global community's trust in the decentralized governance model that this network prides itself on. Together, we build a stronger and more impactful Cardano.
#CardanoDebate #CardanoDebate Statement of Opinion Regarding the Proposal to Use the Cardano Treasury to Enhance DeFi Growth
Dear Members of the Arab Cardano Community,
In light of the ongoing discussion regarding the recent proposal by Cardano's founder, Charles Hoskinson, to use 140 million ADA (approximately equivalent to 100 million USD) from the project's treasury to buy Bitcoin BTC and some stablecoins built on Cardano such as USDM, USDA, and IUSD, it is essential to pause and reflect on the implications of this step.
On one hand, this proposal aims to stimulate growth in the decentralized finance (DeFi) sector on the Cardano network, which still needs a strong boost to attract both users and developers. Diversifying the treasury by purchasing stable assets and Bitcoin may enhance the stability of Cardano's internal economic system and provide strategic flexibility during times of market volatility.
We invite everyone to participate thoughtfully in this discussion and express their opinions within the official voting channels, as such decisions not only affect the future of Cardano but also the global community's trust in the decentralized governance model that this network prides itself on.
Together, we build a stronger and more impactful Cardano.
See original
#CardanoDebate 💸 How to Profit from Cryptocurrencies? | A Beginner's Guide to Earning from Crypto In recent years, terms like "Bitcoin" and "Ethereum" have become familiar to everyone, but the most important question is: "Can I really profit from them? And how do I start?" In this article, we take you step by step to learn about the most important ways to earn from cryptocurrencies, even if you have no prior experience. --- 🪙 First: What are Cryptocurrencies? Cryptocurrencies (like Bitcoin, Ethereum, Ripple) are decentralized digital currencies, not subject to a bank or government entity, and are used for exchange or investment. --- ✅ Ways to Profit from Cryptocurrencies --- 1. Buy and Hold (HODL) Simply put: You buy a strong cryptocurrency (like BTC or ETH) and hold it for months or years. The principle: Buy at a low price and wait for it to rise. Real example: Someone who bought Bitcoin for 1000 Riyals in 2015 ended up owning more than 100,000 Riyals in 2021. 🔸 Tip: Choose popular currencies and keep them in a secure wallet (like Trust Wallet or Ledger). --- 2. Trading Buying and selling quickly to achieve profits from price fluctuations. Requires analysis and real-time market monitoring. There are two types: Day trading (short-term) Long-term trading (weeks or months) 🔸 Warning: Trading can yield quick profits but also carries high risks. --- 3. Profit from Staking You deposit your coins in a specific network to secure them, in exchange for a monthly return 5. Coins
#CardanoDebate
💸 How to Profit from Cryptocurrencies? | A Beginner's Guide to Earning from Crypto
In recent years, terms like "Bitcoin" and "Ethereum" have become familiar to everyone, but the most important question is:
"Can I really profit from them? And how do I start?"
In this article, we take you step by step to learn about the most important ways to earn from cryptocurrencies, even if you have no prior experience.
---
🪙 First: What are Cryptocurrencies?
Cryptocurrencies (like Bitcoin, Ethereum, Ripple) are decentralized digital currencies, not subject to a bank or government entity, and are used for exchange or investment.
---
✅ Ways to Profit from Cryptocurrencies
---
1. Buy and Hold (HODL)
Simply put: You buy a strong cryptocurrency (like BTC or ETH) and hold it for months or years.
The principle: Buy at a low price and wait for it to rise.
Real example: Someone who bought Bitcoin for 1000 Riyals in 2015 ended up owning more than 100,000 Riyals in 2021.
🔸 Tip: Choose popular currencies and keep them in a secure wallet (like Trust Wallet or Ledger).
---
2. Trading
Buying and selling quickly to achieve profits from price fluctuations.
Requires analysis and real-time market monitoring.
There are two types:
Day trading (short-term)
Long-term trading (weeks or months)
🔸 Warning: Trading can yield quick profits but also carries high risks.
---
3. Profit from Staking
You deposit your coins in a specific network to secure them, in exchange for a monthly return
5. Coins
See original
$ETH $ETH It's time for the pepe coin to drop, don't buy because... this is the time to watch and enjoy the coin drops and it is dropping, this is a joyful thing for me... you should wait until it drops to the bottom then cast your net and catch a lot of fish hahahaha☺️☺️♥♥♥
$ETH $ETH It's time for the pepe coin to drop, don't buy because... this is the time to watch and enjoy the coin drops
and it is dropping, this is a joyful thing for me... you should wait until it drops to the bottom then cast your net and catch a lot of fish hahahaha☺️☺️♥♥♥
See original
$BTC The cryptocurrency market is witnessing a decline due to escalating tensions between Israel and Iran. Every time the market starts to recover, global events create a new shock - and this time is no different. Please avoid using leverage right now. Here’s why it’s dangerous: - One wrong trade could completely destroy your account - Prices are moving very quickly and erratically - Fear and tension can lead to poor decisions What to do instead: ✅ Stick to spot trading ✅ Move slowly and stay safe ✅ Trade only with a clear plan Your capital
$BTC
The cryptocurrency market is witnessing a decline due to escalating tensions between Israel and Iran. Every time the market starts to recover, global events create a new shock - and this time is no different.
Please avoid using leverage right now. Here’s why it’s dangerous:
- One wrong trade could completely destroy your account
- Prices are moving very quickly and erratically
- Fear and tension can lead to poor decisions
What to do instead:
✅ Stick to spot trading
✅ Move slowly and stay safe
✅ Trade only with a clear plan
Your capital
See original
Israel and America and Netanyahu and Trump are a great calamity for all markets. The valley of good tidings of the blow has appeared in the market with a decline and the currency market appeared in red. Latest news coming from Iran claims that the Iranian Chief of Staff is reported to have been killed in an Israeli attack. According to Block Beats, the official Iranian television reported that the Chief of Staff of the Iranian Armed Forces, Bagheri, was killed in an attack by Israel. And now we are waiting for the Iranian response which of course will definitely have repercussions on the market. #Tradersleague 47059788732
Israel and America and Netanyahu and Trump are a great calamity for all markets.
The valley of good tidings of the blow has appeared in the market
with a decline and the currency market appeared in red.
Latest news coming from Iran
claims that the Iranian Chief of Staff is reported to have been killed in an Israeli attack.
According to Block Beats, the official Iranian television reported that the Chief of Staff of the Iranian Armed Forces,
Bagheri, was killed in an attack by Israel.
And now we are waiting for the Iranian response
which of course will definitely have repercussions on the market.
#Tradersleague
47059788732
See original
Analysis of Bitcoin $BTC
Analysis of Bitcoin $BTC
See original
Ethereum recorded remarkable movements on June 11, 2025, driven by a convergence of technical and fundamental signals that reinforce a positive outlook for the near and medium-term performance. Technically, the price managed to surpass key resistance levels near $2,735, supported by stable trading above the major moving averages (EMA 50 and 99), and the appearance of a golden cross on the daily chart, which is considered a strong bullish signal. Momentum indicators such as the RSI and MACD continue to support the uptrend, with some indications of a potential short-term correction due to the approaching overbought areas. On the fundamental front, the total value locked (TVL) on the Ethereum network continued to grow by nearly 6% over the past month, in parallel with positive institutional inflows into Ethereum-backed ETFs, reflecting the growing confidence of large investors in the network's future. Large traders' wallets (whales) also recorded significant withdrawals from exchanges, amounting to approximately 45,000 ETH, indicating a reduction in selling pressure and a shift toward long-term storage. In light of these data, the price is currently heading toward testing the $2,830–$2,880 area, which represents a significant technical and psychological barrier. If it is consistently breached, it could pave the way for subsequent targets at $3,000 and even $3,500 in the coming weeks.
Ethereum recorded remarkable movements on June 11, 2025, driven by a convergence of technical and fundamental signals that reinforce a positive outlook for the near and medium-term performance. Technically, the price managed to surpass key resistance levels near $2,735, supported by stable trading above the major moving averages (EMA 50 and 99), and the appearance of a golden cross on the daily chart, which is considered a strong bullish signal. Momentum indicators such as the RSI and MACD continue to support the uptrend, with some indications of a potential short-term correction due to the approaching overbought areas. On the fundamental front, the total value locked (TVL) on the Ethereum network continued to grow by nearly 6% over the past month, in parallel with positive institutional inflows into Ethereum-backed ETFs, reflecting the growing confidence of large investors in the network's future. Large traders' wallets (whales) also recorded significant withdrawals from exchanges, amounting to approximately 45,000 ETH, indicating a reduction in selling pressure and a shift toward long-term storage. In light of these data, the price is currently heading toward testing the $2,830–$2,880 area, which represents a significant technical and psychological barrier. If it is consistently breached, it could pave the way for subsequent targets at $3,000 and even $3,500 in the coming weeks.
See original
#CryptoRoundTableRemarks The session has ended, but the discussion is still heated! From innovation in blockchain to the future of cryptocurrencies, the roundtable was a space for bold ideas and future visions. 🚀 Technology is evolving, and investors and developers are speaking the language of change. 🎯 Are you ready for the next phase of the digital economy? #CryptoRoundTableRemarks
#CryptoRoundTableRemarks
The session has ended, but the discussion is still heated!
From innovation in blockchain to the future of cryptocurrencies, the roundtable was a space for bold ideas and future visions.
🚀 Technology is evolving, and investors and developers are speaking the language of change.
🎯 Are you ready for the next phase of the digital economy?
#CryptoRoundTableRemarks
See original
If you're trading crypto and not using technical indicators at all, then you're playing as if you're blindfolded 👀 I'll explain 3 indicators that will help you understand the market better and increase your chances 👌 RSI Relative Strength Index Simply, this indicator tells you whether people are buying this currency excessively or not. If the number is above 70 → the market is saturated with buying, it might go down. If below 30 → the market is saturated with selling, it might go up. It tells you when to buy and when to be patient. MACD Moving Average Convergence Divergence It's made up of two lines that intersect + moving bars. When the lines cross upwards → there is buying momentum. When they cross downwards → selling momentum. It helps you know the next direction. Moving Averages If the price is above the line → upward trend. If the price is below → downward trend. If the short averages cross the long ones upwards → buying signal. 💡 If you combine all three, you'll see the picture clearer. It's not necessary to enter or exit based on just one indicator. Always think like this: RSI tells you if the market is saturated or not, MACD tells you the direction and momentum, and moving averages tell you the trend. Try adding them to your Binance chart and start training your eye on them; it will significantly impact your decisions 😊👻 95721077766
If you're trading crypto and not using technical indicators at all, then you're playing as if you're blindfolded 👀 I'll explain 3 indicators that will help you understand the market better and increase your chances 👌
RSI Relative Strength Index
Simply, this indicator tells you whether people are buying this currency excessively or not.
If the number is above 70 → the market is saturated with buying, it might go down.
If below 30 → the market is saturated with selling, it might go up.
It tells you when to buy and when to be patient.
MACD Moving Average Convergence Divergence
It's made up of two lines that intersect + moving bars.
When the lines cross upwards → there is buying momentum.
When they cross downwards → selling momentum.
It helps you know the next direction.
Moving Averages
If the price is above the line → upward trend.
If the price is below → downward trend.
If the short averages cross the long ones upwards → buying signal.
💡
If you combine all three, you'll see the picture clearer. It's not necessary to enter or exit based on just one indicator.
Always think like this: RSI tells you if the market is saturated or not, MACD tells you the direction and momentum, and moving averages tell you the trend.
Try adding them to your Binance chart and start training your eye on them; it will significantly impact your decisions 😊👻
95721077766
See original
#MarketRebound #MarketRebound $ETH. The current price of Ethereum is $2,689.31, an increase of 8.16% over the past twenty-four hours. Here are the brief forecasts: - *Short-term forecast*: Ethereum's price is expected to rise by 7.52% to $2,769.05 by July 9, 2025. - *Today's forecast*: The price of Ethereum may reach $2,575.32, representing a potential return on investment of 4.67%. - *Near-term forecasts*: - June 11, 2025: $2,602.36 (with a potential investment return of 3.67%) - June 12, 2025: $2,643.21 (with a potential investment return of 2.16%) - June 14, 2025: $2,827.24 (with a potential investment return of 4.66%) *Market sentiments:* - *Fear and greed index*: 62 (Greed) - *Sentiment*: Bullish - *Volatility*: 2.49% *Long-term forecasts:* - *2025*: The price of Ethereum may reach $4,921.87, with an average price of $3,644.20, representing a potential return on investment of 82.19%. - *2030*: The price of ETH may reach $7,068.53, a gain of 161.66% from its current value ¹.(Quoted)
#MarketRebound #MarketRebound $ETH. The current price of Ethereum is $2,689.31, an increase of 8.16% over the past twenty-four hours. Here are the brief forecasts:
- *Short-term forecast*: Ethereum's price is expected to rise by 7.52% to $2,769.05 by July 9, 2025.
- *Today's forecast*: The price of Ethereum may reach $2,575.32, representing a potential return on investment of 4.67%.
- *Near-term forecasts*:
- June 11, 2025: $2,602.36 (with a potential investment return of 3.67%)
- June 12, 2025: $2,643.21 (with a potential investment return of 2.16%)
- June 14, 2025: $2,827.24 (with a potential investment return of 4.66%)
*Market sentiments:*
- *Fear and greed index*: 62 (Greed)
- *Sentiment*: Bullish
- *Volatility*: 2.49%
*Long-term forecasts:*
- *2025*: The price of Ethereum may reach $4,921.87, with an average price of $3,644.20, representing a potential return on investment of 82.19%.
- *2030*: The price of ETH may reach $7,068.53, a gain of 161.66% from its current value ¹.(Quoted)
See original
#NasdaqETFUpdate #NasdaqETFUpdate Important Update for Market Followers This week, exchange-traded funds (ETFs) linked to the Nasdaq index witnessed notable movements, driven by volatility in the technology sector and artificial intelligence stocks. 🔹 Key Points: • $QQQ recorded a rise of 1.8% following positive earnings results from major companies like Apple and Nvidia. • Strong cash flows favoring technology ETFs, reflecting investors' appetite for risk. • Anticipation of upcoming Federal data, which may affect the market's trajectory in the near term. 📈 Investor Advice: Monitor the performance of specialized funds like $QQQ and $QTEC, and be prepared for rapid movements, especially with the earnings announcement season approaching. Diversification and risk management remain key in the current market environment.
#NasdaqETFUpdate #NasdaqETFUpdate Important Update for Market Followers
This week, exchange-traded funds (ETFs) linked to the Nasdaq index witnessed notable movements, driven by volatility in the technology sector and artificial intelligence stocks.
🔹 Key Points:
• $QQQ recorded a rise of 1.8% following positive earnings results from major companies like Apple and Nvidia.
• Strong cash flows favoring technology ETFs, reflecting investors' appetite for risk.
• Anticipation of upcoming Federal data, which may affect the market's trajectory in the near term.
📈 Investor Advice:
Monitor the performance of specialized funds like $QQQ and $QTEC, and be prepared for rapid movements, especially with the earnings announcement season approaching. Diversification and risk management remain key in the current market environment.
See original
Tips for Beginners 1: The larger the amount, the greater the loss and profit. For example, if you bought a currency for $1,000 and the currency's value reached $0.5, you lost half your money. If the currency's price reached $1.5, you made a $500 profit. If you bought it for $1, and it fell to $0.5, you lost $0.5, and if it reached $1.5, you made half a dollar, and so on. 2: Beginner traders who convert each currency have a transaction fee. For example, for $BTC, the fee is 10x. If the currency's price is 105,600 and you want to convert dollars to it, the purchase price is calculated as 106,200. If you want to sell, you are charged 103,700, and so on. For some currencies, the 5x is less, and some are not. 3: Beginner traders: Do not go for term loans or spot trading before learning. Stick to currency conversion and use a 10% or 5% sell limit initially until you learn. Not everyone who Trading income will be profitable, while 80% lose, while 20% make money. Why do the majority lose? Because they operate haphazardly and without learning or monitoring. I recommend learning and understanding trading strategies first, as the future is promising for digital currencies. $ETH 2,758.73 +8.73%
Tips for Beginners
1: The larger the amount, the greater the loss and profit.
For example, if you bought a currency for $1,000 and the currency's value reached $0.5, you lost half your money. If the currency's price reached $1.5, you made a $500 profit. If you bought it for $1, and it fell to $0.5, you lost $0.5, and if it reached $1.5, you made half a dollar, and so on.
2: Beginner traders who convert each currency have a transaction fee. For example, for $BTC, the fee is 10x. If the currency's price is 105,600 and you want to convert dollars to it, the purchase price is calculated as 106,200. If you want to sell, you are charged 103,700, and so on. For some currencies, the 5x is less, and some are not.
3: Beginner traders: Do not go for term loans or spot trading before learning. Stick to currency conversion and use a 10% or 5% sell limit initially until you learn. Not everyone who Trading income will be profitable, while 80% lose, while 20% make money. Why do the majority lose? Because they operate haphazardly and without learning or monitoring. I recommend learning and understanding trading strategies first, as the future is promising for digital currencies. $ETH

2,758.73
+8.73%
See original
See original
Take a screenshot and keep it with you
Take a screenshot and keep it with you
See original
$BTC $BTC I believe that the BTC$ pair will always remain at the heart of the cryptocurrency market because it is the primary indicator of the overall market condition. Whenever the price of Bitcoin rises against the dollar, the market begins to enter a state of optimism, as other currencies closely follow its movement. Currently, we are noticing volatility in the price of BTC$ due to global economic pressures and geopolitical tensions. In my opinion, any strong economic news in the United States, such as interest rate decisions or unemployment data, directly affects this pair. Therefore, it is essential for every trader to follow economic news to analyze BTC$ movements more intelligently.
$BTC $BTC
I believe that the BTC$ pair will always remain at the heart of the cryptocurrency market because it is the primary indicator of the overall market condition. Whenever the price of Bitcoin rises against the dollar, the market begins to enter a state of optimism, as other currencies closely follow its movement. Currently, we are noticing volatility in the price of BTC$ due to global economic pressures and geopolitical tensions. In my opinion, any strong economic news in the United States, such as interest rate decisions or unemployment data, directly affects this pair. Therefore, it is essential for every trader to follow economic news to analyze BTC$ movements more intelligently.
See original
$BTC $BTC Smart Strategy for Trading Alternative Currencies Alternative currencies have high potential, but they also come with higher risks. Do not enter the market without careful study. Always study the project, check the trading volume, and understand its role in the market. Do not chase the highs - real profits come from structure and timing. Use technical levels to guide your entry and exit. Keep your position size small in highly volatile currencies. Also, monitor Bitcoin's dominance, as it affects the strength of alternative currencies. The goal is not to track every movement, but to observe the correct movements with control.
$BTC $BTC
Smart Strategy for Trading Alternative Currencies
Alternative currencies have high potential, but they also come with higher risks. Do not enter the market without careful study. Always study the project, check the trading volume, and understand its role in the market. Do not chase the highs - real profits come from structure and timing. Use technical levels to guide your entry and exit. Keep your position size small in highly volatile currencies. Also, monitor Bitcoin's dominance, as it affects the strength of alternative currencies. The goal is not to track every movement, but to observe the correct movements with control.
See original
#USChinaTradeTalks The trade talks between the United States and China are among the most prominent geopolitical issues directly affecting global markets. Every statement, agreement, or new tension between these two giant economies immediately reflects on currencies, stocks, and even the cryptocurrency market. 📉 Tariffs, intellectual property rights, and technology restrictions are the main points of contention. However, any progress in negotiations often leads to a market rebound due to improved investor confidence. 📊 Investors and analysts are closely monitoring these talks, as they may determine market direction for the coming months. 🇺🇸🤝🇨🇳 If a comprehensive agreement is reached, we may see a significant shift in global supply chains and a reduction in market volatility. Stay updated on the latest developments cautiously, as every tweet or statement could change the game!
#USChinaTradeTalks The trade talks between the United States and China are among the most prominent geopolitical issues directly affecting global markets. Every statement, agreement, or new tension between these two giant economies immediately reflects on currencies, stocks, and even the cryptocurrency market.
📉 Tariffs, intellectual property rights, and technology restrictions are the main points of contention. However, any progress in negotiations often leads to a market rebound due to improved investor confidence.
📊 Investors and analysts are closely monitoring these talks, as they may determine market direction for the coming months.
🇺🇸🤝🇨🇳 If a comprehensive agreement is reached, we may see a significant shift in global supply chains and a reduction in market volatility.
Stay updated on the latest developments cautiously, as every tweet or statement could change the game!
See original
$BTC #SouthKoreaCryptoPolicy Bitcoin (BTC) is a cryptocurrency that was launched in 2009 by an individual or group under the name “Satoshi Nakamoto.” Bitcoin is characterized by its decentralization, meaning it is not controlled by any government or financial institution. Blockchain technology is used to document transactions transparently and securely. Bitcoin is considered the first and most famous digital currency, used as a means of payment and an investment tool. Global interest in it has increased due to its rising value and price volatility. However, market fluctuations and security concerns make investing in Bitcoin risky. Bitcoin represents a revolution in the world of finance and opens the door to a digital financial future.
$BTC #SouthKoreaCryptoPolicy Bitcoin (BTC) is a cryptocurrency that was launched in 2009 by an individual or group under the name “Satoshi Nakamoto.” Bitcoin is characterized by its decentralization, meaning it is not controlled by any government or financial institution. Blockchain technology is used to document transactions transparently and securely. Bitcoin is considered the first and most famous digital currency, used as a means of payment and an investment tool. Global interest in it has increased due to its rising value and price volatility. However, market fluctuations and security concerns make investing in Bitcoin risky. Bitcoin represents a revolution in the world of finance and opens the door to a digital financial future.
See original
In an important step towards enhancing the security of the cryptocurrency market, the Virtual Asset User Protection Act came into effect in South Korea in July 2024. This law aims to protect investors and ensure transparency in transactions. ✅ Key Features of the Law: Asset Segregation: Trading platforms must store 80% of user deposits in cold wallets and separate user funds from platform funds. Risk Insurance: Platforms are required to provide insurance or create reserve funds to address security incidents or financial crises. Compliance with Standards: Implementation of Anti-Money Laundering (AML) procedures and Know Your Customer (KYC) verification to ensure market integrity. Oversight and Accountability: Regulatory bodies are granted extensive powers to monitor platforms and impose penalties on violators. 🌐 Future Trends: South Korea plans to regulate cross-border transactions of virtual assets starting from the second half of 2025, with registration and monthly reporting requirements for the concerned companies. These steps demonstrate South Korea's commitment to providing a safe and transparent trading environment, thereby enhancing investors' confidence in the digital market.
In an important step towards enhancing the security of the cryptocurrency market, the Virtual Asset User Protection Act came into effect in South Korea in July 2024. This law aims to protect investors and ensure transparency in transactions.
✅ Key Features of the Law:
Asset Segregation: Trading platforms must store 80% of user deposits in cold wallets and separate user funds from platform funds.
Risk Insurance: Platforms are required to provide insurance or create reserve funds to address security incidents or financial crises.
Compliance with Standards: Implementation of Anti-Money Laundering (AML) procedures and Know Your Customer (KYC) verification to ensure market integrity.
Oversight and Accountability: Regulatory bodies are granted extensive powers to monitor platforms and impose penalties on violators.
🌐 Future Trends:
South Korea plans to regulate cross-border transactions of virtual assets starting from the second half of 2025, with registration and monthly reporting requirements for the concerned companies.
These steps demonstrate South Korea's commitment to providing a safe and transparent trading environment, thereby enhancing investors' confidence in the digital market.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

盈月
View More
Sitemap
Cookie Preferences
Platform T&Cs