shan3344

#mantra MANTRA is an innovative Layer-1 blockchain meticulously designed with a focus on Real-World Assets. Unlock a share of $10,000 in OM when you complete the following tasks.
Period: 2024/07/04 09:00 - 2024/07/30 09:00
(UTC+0)
Participants
45488
Rewards
$10,000 of OM

#TrumpMediaBitcoinTreasury President Donald Trump has initiated a significant shift in U.S. cryptocurrency policy by establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. These reserves aim to position the U.S. as a leader in digital asset strategy and are primarily funded through seized cryptocurrencies from criminal and civil forfeiture proceedings, ensuring no cost to taxpayers .

The Strategic Bitcoin Reserve is designed to treat bitcoin as a reserve asset, akin to a "digital Fort Knox," and will not involve the sale of the deposited bitcoin . The U.S. government currently holds approximately 200,000 bitcoin, valued at around $17.5 billion .

This move has garnered support from the cryptocurrency industry, with some viewing it as a step toward legitimizing digital assets. However, it has also faced criticism for potentially contradicting the decentralized ethos of cryptocurrencies .

In related developments, the U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, signaling a more favorable regulatory environment under the Trump administration .

For more detailed information, you can refer to the official White House fact sheet on the establishment of the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile .

#TradingTypes101 Here's a concise and visually engaging post idea for #TradingTypes101 on Binance formatted for a square (1:1) social media post:

---

📊 #TradingTypes101: Know Your Style on Binance

1️⃣ Spot Trading
🪙 Buy/Sell crypto at current market prices.
🔁 Simple, real-time, no leverage.
Perfect for beginners.

2️⃣ Margin Trading
⚖️ Borrow funds to trade more.
📈 Higher potential gains — and losses.
For experienced traders.

3️⃣ Futures Trading
⏳ Trade contracts on future crypto prices.
🚀 Use leverage, go long or short.
High risk, high reward.

4️⃣ P2P Trading
🤝 Trade directly with others.
💳 Multiple payment methods.
No trading fees on Binance P2P.

5️⃣ Copy Trading (if available)
👥 Mimic top traders’ strategies.
🧠 Learn by doing — follow the pros.

---

🔐 Trade what suits your style. Always DYOR & manage your risk.
📍Available on Binance app & web.

---

Would you like a graphic design template or layout suggestion for this post as well?

Binance Square
Creator Academy
What is Binance Square?

Binance Square Official
May 18, 2023
・
Verified Binance official account
Binance Square is a social networking content platform, where every user can share their thoughts, discover the latest news and trends, and participate in community discussions about anything and everything related to crypto and Web3.

How to use Binance Square in App?
App

App - Lite version: Tap the [Square] tab.

App - Pro Version: Scroll down on the app homepage to the [Discover] tab.

App Lite App Pro
Simply tap any post to view the complete content. To follow a creator, tap [Follow] next to its account name.

How to use Binance Square on Website?
Go to [Square] at the top navigation bar, or click here to access it directly.

*Please note that Binance Square may not be available in your region.

Thanks for your feedback!

#OrderTypes101 Let's break down the different order types on Binance to help you navigate trading with confidence.

*Common Order Types:*

- *Market Order*: Executes immediately at the best available price.
- *Limit Order*: Executes at a specified price or better.
- *Stop-Limit Order*: Triggers a limit order when the market reaches a specified stop price.
- *Take Profit Limit Order*: Sets a target price to lock in profits.

*Advanced Order Types:*

- *Stop-Market Order*: Triggers a market order when the market reaches a specified stop price.
- *Iceberg Order*: Displays a portion of the total order quantity, hiding the rest.
- *Post-Only Order*: Only executes if it would not match an existing order.

*Tips for Using Order Types:*

- *Understand Your Strategy*: Choose the right order type based on your trading strategy and risk tolerance.
- *Set Realistic Prices*: Ensure your limit and stop prices are realistic based on market conditions.
- *Monitor and Adjust*: Keep an eye on your orders and adjust as needed.

*Binance Resources:*

- *Binance Academy*: Offers educational resources and guides on trading and order types.
- *Binance Support*: Provides assistance with order-related issues and questions.

By mastering different order types, you can optimize your trading strategy and improve your overall trading experience on Binance.

#CEXvsDEX101 Let's dive into the differences between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges) to help you understand which one might be best for your trading needs on Binance.

*CEX (Centralized Exchanges):*

- *Definition*: A centralized platform where a company manages transactions, user accounts, and asset storage.
- *Examples*: Binance, Coinbase
- *Pros*:
- User-friendly interface
- High liquidity
- Customer support
- Fiat gateways
- *Cons*:
- Centralized risk (hacking, downtime)
- KYC requirements

*DEX (Decentralized Exchanges):*

- *Definition*: A decentralized platform where transactions occur directly between users without a central authority.
- *Examples*: Uniswap, PancakeSwap
- *Pros*:
- Greater security and control over assets
- Anonymity (no KYC)
- Decentralized and autonomous
- *Cons*:
- Lower liquidity (compared to CEX)
- More complex interface
- Potential for higher fees

*Key Considerations:*

- *Security*: DEX offers greater security and control over assets, while CEX is more vulnerable to centralized risks.
- *Ease of Use*: CEX is generally more user-friendly, especially for beginners.
- *Liquidity*: CEX typically has higher liquidity, making it easier to buy and sell assets quickly.

*Binance's Offerings:*

- *Binance CEX*: Offers a wide range of trading pairs, high liquidity, and various services like staking and NFT marketplaces.
- *Binance DEX*: (Formerly Binance DEX, now part of Binance Smart Chain) Offers decentralized trading with greater security and control over assets.

Ultimately, the choice between CEX and DEX depends on your individual needs and preferences. Consider factors like security, ease of use, and liquidity when deciding which type of exchange is right for you.

#CEXvsDEX101 Let's break down the key differences between CEX (Centralized Exchanges) and DEX (Decentralized Exchanges) to help you decide which one suits your needs on Binance.

*Key Differences:*

- *Centralized vs Decentralized*: CEX is managed by a company, offering a user-friendly interface, customer support, and fiat gateways. Examples include Binance and Coinbase. DEX, on the other hand, operates without a central authority, allowing for anonymous trading and greater privacy.
- *Liquidity*: CEX typically has higher liquidity, making it easier to buy and sell cryptocurrencies quickly. DEX liquidity can be lower, but it's improving over time.
- *KYC Requirements*: CEX requires Know Your Customer (KYC) verification, whereas DEX usually doesn't, allowing for more anonymity.
- *Services*: CEX platforms like Binance offer a range of services, including trading, staking, NFT marketplaces, and P2P exchanges.¹ ² ³

*Choosing Between CEX and DEX:*

- *Ease of Use*: CEX platforms are generally more user-friendly, especially for beginners.
- *Security*: DEX can offer greater security since users have more control over their assets.
- *Speed*: CEX typically offers faster transaction execution.⁴ ⁵

*Tips for Trading:*

- *Do Your Own Research*: Verify information before making trading decisions.
- *Don't Blindly Follow*: Use your own judgment and risk assessment.⁶

Ultimately, the choice between CEX and DEX depends on your individual needs and preferences. Consider factors like liquidity, security, and ease of use when deciding which type of exchange is right for you.

PNL, or Profit and Loss, is a crucial concept in trading on Binance. Here's what you need to know:

*Understanding PNL:*

- PNL represents the profit or loss you've made on a trade or a series of trades.
- It's calculated based on the difference between the current market price and the price at which you entered the trade.

*Types of PNL:*

- *Realized PNL*: The profit or loss you've made on a trade that's been closed.
- *Unrealized PNL*: The profit or loss you've made on a trade that's still open.

*Factors Affecting PNL:*

- *Market Volatility*: Changes in market prices can significantly impact your PNL.
- *Leverage*: Using leverage can amplify your PNL, but it also increases the risk of significant losses.

*Tips for Managing PNL:*

- *Monitor Your Trades*: Keep a close eye on your trades and adjust your strategy as needed.
- *Set Stop-Loss Orders*: Set stop-loss orders to limit your potential losses.
- *Use Leverage Wisely*: Use leverage carefully and consider the potential risks.¹

#TradingTypes101 If you're looking for information on #TradingTypes101 for Binance, it seems like a great starting point would be understanding the different types of trading available on the platform.

*Trading Types on Binance:*

- *Spot Trading*: This involves buying and selling assets directly, where you own the assets outright. It's a straightforward way to trade cryptocurrencies.
- *Margin Trading*: This type of trading allows you to borrow funds from Binance to leverage your trades, potentially amplifying your gains. However, it also increases the risk of significant losses.
- *Futures Trading*: Futures contracts are agreements to buy or sell an asset at a predetermined price on a specific date. This type of trading allows for speculation on price movements without owning the underlying asset.¹ ²

*Tips for Beginners:*

- Create a post with #TradingTypes101 and share your insights to earn Binance points.
- Explore discussions and trending topics related to #TradingTypes101 on Binance Square.
- Consider diving into crypto trading fundamentals and comparing centralized and decentralized exchanges (CEX vs DEX) to enhance your trading knowledge.³ ⁴

*Additional Resources:*

- Binance Square (formerly Binance Feed) is a great place to discover the latest news, opinions, and discussions on #TradingTypes101.
- Binance's crypto trading fundamentals deep dive series can provide valuable insights for beginners and experienced traders alike.⁵ ⁶

#MarketPullback A market pullback on Binance refers to a temporary dip in the price of an asset after a period of growth. This phenomenon is characterized by a short-term decline in asset prices, typically ranging from 5-10%, within an ongoing uptrend or downtrend.

*Key Points to Understand:*

- *Market Sentiment*: A strong overall market sentiment can lead to prices rising again after a pullback, as traders buy the dip.
- *Bitcoin's Impact*: Market adjustments and pullbacks are normal, and as long as Bitcoin holds above $100,000, altcoins may present more opportunities than risks.
- *Current Market*: Recent updates indicate Bitcoin's pullback might be a false move, with bulls ready to charge, especially after a surge to $107,100 on May 19.
- *Trading Opportunities*: Traders should watch key areas, such as the accumulation of over 30,000 sell orders above $106,600, and potential support around $105,000.¹ ² ³

*What to Watch For:*

- *Pullback vs. Reversal*: Unlike a reversal, a pullback doesn't signal a fundamental change in the market trend.
- *Buying Opportunities*: Traders often look for buying opportunities during pullbacks, anticipating prices to surge again.
- *Market Volatility*: Stay informed about market analysis and updates to navigate potential false moves and trading opportunities.⁴

#broccoli There is no direct connection between broccoli and Binance. Binance is a cryptocurrency exchange platform, while broccoli is a vegetable. If you're looking for information on Binance-related topics, I'd be happy to help with:
- *Binance Trading*: Trading strategies, market analysis, or specific cryptocurrency information.
- *Binance Features*: Information on Binance's features, such as spot trading, futures trading, or staking.
- *Binance Updates*: News and updates on Binance's platform, policies, or promotions.

If you have a specific question or topic in mind, feel free to ask!

#Merlinchain Merlin Chain is a Layer 2 solution designed to enhance Bitcoin's capabilities by addressing scalability and transaction speed limitations. It leverages native Layer 1 assets, users, and protocols to unlock Bitcoin's full potential, making it more accessible and efficient.

*Key Features:*

- *Low Fees and High Scalability*: Merlin Chain offers low fees and high scalability as an EVM-compatible chain, ensuring swift transaction processing and enhancing transaction liquidity.
- *BTC Protocols Support*: It supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, and more, enabling a more extensive user base to interact on Bitcoin Layer 2.
- *ZK Rollup*: Merlin Chain has implemented ZK-Rollup to enhance efficiency and scalability, with sequencer nodes managing data transmission via decentralized Oracles, ensuring transparency and security.
- *Native Innovation*: Merlin Chain continues its commitment to fair launches and community-driven native innovations on Layer 2, dedicated to delivering unique solutions designed for the Bitcoin network and its users.¹

*MERL Token:*

- *Tokenomics*: The MERL token has a total supply of 2.1 billion and is designed to facilitate governance, security, and overall development within the Merlin Chain ecosystem.
- *Utility*: MERL tokens serve important functions, including governance, staking, transaction fees, delegating to consensus nodes, and native liquidity and collateral.
- *Governance*: MERL token holders can participate in decision-making processes that shape the network's future, ensuring transparency and alignment with user interests.²

*Adding Merlin Chain to MetaMask:*

To add Merlin Chain to MetaMask, follow these steps³:
- Open MetaMask and click "Add network"
- Click "Add a network manually"
- Enter the following RPC details:
- Network name: Merlin Mainnet
- RPC URL: (link unavailable)
- Chain ID: 4200
- Currency symbol: BTC
- Block explorer URL: (link unavailable)
- Click "Save" to complete

*Current Price and Market Data:*

#MerlinTradingCompetition Here's the information you need to know about the Merlin Trading Competition on Binance:

*Competition Details:*

- *Promotion Period:* May 20, 2025, 09:00 UTC to June 3, 2025, 09:00 UTC
- *Objective:* Trade Merlin (MERL) tokens on Binance Alpha or Binance Wallet (Keyless) to share exclusive token rewards
- *Eligible Participants:* Users who can trade Binance Alpha tokens and have completed account verification (KYC) with an active Binance Wallet

*Rewards:*

- *Total Rewards:* 9,840,000 MERL tokens worth $1 million
- *Reward Distribution:* Top 10,000 users by purchase volume will share rewards equally, receiving 984 MERL tokens each
- *Reward Timing:* Token rewards will be distributed before June 17, 2025, 16:00 UTC

*How to Participate:*

- *Update Binance App:* Ensure you have the latest version of the Binance app
- *Create Binance Wallet:* Set up a Binance Wallet (Keyless) and back it up
- *Trade MERL:* Buy MERL tokens on Binance Wallet (Keyless) or Binance Alpha during the promotion period

*Important Notes:*

- *No Volume Caps:* There's no limit on trading volume for each participant
- *Eligible Transactions:* Only cumulative purchases are included; sell volume and third-party dApp transactions are excluded
- *Terms and Conditions:* Binance reserves the right to disqualify users involved in dishonest behavior or tampering with program code.¹

#SaylorBTCPurchase Michael Saylor's BTC purchase history is extensive, with MicroStrategy acquiring a significant amount of Bitcoin as part of its treasury reserve strategy. Here's a breakdown of their purchases:
- *Total Holdings:* MicroStrategy currently holds approximately 568,840 Bitcoins, purchased at an average price of $69,311.05.
- *Total Cost:* The total cost of these purchases is around $39.43 billion.
- *Current Value:* The current value of their Bitcoin holdings is approximately $59.19 billion, resulting in a profit of $19.76 billion (50.12% increase).

Some notable purchases include¹:
- *August 2020:* MicroStrategy purchased 21,454 Bitcoins for $250 million at an average price of $11,652.84.
- *September 2020:* They acquired an additional 16,796 Bitcoins for $175 million at an average price of $10,419.15.
- *December 2020:* MicroStrategy bought 2,574 Bitcoins for $50 million at an average price of $19,427.
- *Recent Purchases:* In 2024, MicroStrategy acquired 13,390 Bitcoins for $1.34 billion at an average price of $99,856, and 15,355 Bitcoins for $1.42 billion at an average price of $92,737.

These purchases demonstrate Saylor's commitment to Bitcoin as a store of value and a key component of MicroStrategy's treasury reserve strategy.²

#BinancePizza Binance recently ran a promotion called "Pizza Day" where users could refer friends to trade on the platform and win a slice of the prize pool. Here are some key details about the promotion¹:
- *Promotion Type:* Referral-based trading competition
- *Prize:* A share of the prize pool, symbolized as a "slice" of pizza
- *Objective:* Encourage users to refer friends to trade on Binance
- *Target Audience:* Existing Binance users and potential new traders

To participate, users would likely need to:
- *Refer Friends:* Invite friends to sign up and trade on Binance
- *Trading Requirements:* Meet specific trading volume or activity requirements
- *Rewards:* Win a portion of the prize pool based on referral and trading performance

Keep in mind that the specifics of the promotion, such as terms and conditions, may vary. For the most up-to-date information, I recommend checking Binance's official website or social media channels.