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If you have been following cryptocurrency news, you have surely heard of "cryptocurrency mining"; here we are not talking about any excavation or digging work; cryptocurrency mining refers to the process of creating a new digital currency and adding it to the blockchain network by using a computer or processor to solve algorithms and decode complex mathematical codes.
Mining is also the process of validating transactions on the network and adding all related details in the form of blocks to the existing blockchains on the blockchain. Every user who validates a transaction is called a "miner".
Mining requires computers with powerful processors to solve complex algorithms, and the first user to solve the algorithm receives a portion of the reward in the form of currency for recording completed transactions and adding them to the blockchain system, a process known in the cryptocurrency field as "proof of work" (or PoW). #MiningCrypto #تعدين_البيتكوين $BTC
The Open Network The Open Network (TON) is a decentralized and open internet platform comprising several components. These include TON Blockchain, TON DNS, TON Storage, TON Sites, and TON Proxy. TON Blockchain is the core protocol connecting TON’s underlying infrastructure to form the greater TON Ecosystem.
TON focuses on achieving widespread cross-chain interoperability while operating within a highly scalable and secure framework. It aims to process millions of transactions per second and eventually reach hundreds of millions of users.
TON Blockchain, designed as a distributed supercomputer, serves as the heart of TON. It aims to provide various products and services that contribute to developing the decentralized vision for the new internet.
November 2019 The Telegram Open Network (TON) testnet2 is launched, with 5 billion coins minted. A small fraction, equivalent to 1.45% of the supply, is allocated to developers and testers.
May 2020 After the SEC prohibited Telegram from issuing Grams to investors, Telegram ceased its work on the TON Ecosystem. testnet2 tokens are placed into 20 Proof-of-Work Giver smart contracts.
May 2021 Testnet2 was promoted to mainnet through a majority vote of network participants. Coins are still being distributed through Proof-of-Work Giver contracts.
June 2022 Following the initial distribution of coins, TON enters into a new phase, expanding the number of validators and coins involved in validation. This advancement enhances the stability and security of the network.
USD Coin (USDC) is supported by cash reserves and liquid assets, which guarantee its stability and maintain a 1:1 peg to the US dollar. To uphold transparency and stability, USDC adheres to the following standards:
1. **Reserves Supporting USDC** Circle, the issuing entity of USDC, manages reserves that include: - **US Dollar Cash:** Deposited in prominent US banks. - **Short-term US Treasury Securities:** Providing high liquidity and financial security. - **Other Liquid Assets:** Facilitating immediate conversion between USDC and US dollars upon request.
2. **Transparency and Assurance** - **Periodic Reporting:** Circle releases monthly audit reports concerning reserves, which are evaluated by independent audit firms such as Deloitte or Grant Thornton. - **Regulatory Compliance:** USDC adheres to US regulations, enhancing its credibility in comparison to other stablecoins.
3. **Potential Risks** Despite its transparency, USDC may encounter challenges such as: - The potential collapse of a bank holding its reserves. - Regulatory changes that could impact its operations. - Variations in market confidence following events like the 2023 collapse of a Silicon Valley bank, which temporarily affected USDC's stability.
**Conclusion** USDC stands out as one of the most dependable stablecoins due to its dedication to transparency, backing by tangible reserves, and compliance with US regulations, thereby ensuring its ongoing stability at $1.
#RamadanGiveaway Ramadan is the month of goodness and forgiveness, so do not neglect it and become lazy. Ramadan is generous to us and to you, and your month is blessed. Half of Ramadan has passed, and there is little left of it, so seize it.
1. What are Bitcoin trading robots? Bitcoin trading robots are automated software programs designed to execute cryptocurrency trades based on predefined strategies. These robots follow algorithms to analyze market conditions, execute buy and sell orders, and manage trades in real-time. By automating the process, robots can eliminate emotional decision-making and help traders take advantage of market movements even when they are away from their screens.
Robots can be customized to use different strategies, including arbitrage, trend following, and grid trading, making them versatile tools for a wide range of traders. With the cryptocurrency market operating 24/7, Bitcoin trading robots provide traders the ability to stay engaged and capitalize on market opportunities around the clock.
The global cryptocurrency market was valued at approximately $1.3 billion in 2021 and is expected to grow to $2.8 billion by 2028, representing a compound annual growth rate of over 12%. These figures, published by market research firm Blue Wave Consulting, highlight the increasing popularity of cryptocurrencies. If you're interested in trading cryptocurrencies, now is the right time to start. But before that, here are some things you should know about this exciting market. 1. How to Start Trading Cryptocurrencies There are generally two ways to trade cryptocurrencies. They are: - Cryptocurrency exchanges - Trading cryptocurrencies via contracts for difference 2. Factors Affecting the Cryptocurrency Market - Level of risk acceptance in the market - Regulations - Economic factors - Geopolitical events - Asset-specific driving factors - Social media 3. How to Choose a Cryptocurrency to Trade? There are two very important aspects to consider when choosing a cryptocurrency to trade: - Market capitalization - Price gains - Distinctive factors 4. Technical Analysis for Trading Cryptocurrencies
#TradingAnalysis101 $BTC #AI In the current era, artificial intelligence has become not just a technical term, but a reality that plays a vital role in various aspects of life, including the stock market. Artificial intelligence provides amazing opportunities for investors to improve their performance and increase their profitability: 1. Big data analysis: Artificial intelligence enables the ability to process and analyze vast amounts of data quickly and accurately. This allows investors to use historical and current stock data, along with economic, political, and social factors, to make informed investment decisions. 2. Price movement prediction: Using machine learning techniques, artificial intelligence can analyze data and mathematical models to predict future price movements of stocks with greater accuracy than before. 3. Risk management: Artificial intelligence can assist investors in analyzing and managing risks in their investment portfolio. By continuously analyzing data, potential opportunities and threats can be identified and necessary actions taken to mitigate risks. 4. Automated trading: Artificial intelligence can be programmed to execute trades automatically according to predefined signals. 5. Investment performance enhancement: Thanks to artificial intelligence, investors can significantly improve their investment performance. By using smart analytics and price forecasts.
I don't know anything about trading, but I will give you some things that might help you 8 Tips to Become a Successful Trader in 2024 The trader does not procrastinate 👨💻📈💰
The trader succeeds through practice and training 📈✅👍
The trader continues to learn 👨💻📈🚀
The successful trader always sets his goals 🎯📈✅
The successful trader starts with one currency pair 📈💰✅
The successful trader controls his emotions 🤔👍🔥
The trader keeps records 📈📒✅
10 Tips for the Successful Trader to Avoid Trading Mistakes 1. If you want to be rich - Invest in yourself 2. Trust yourself 3. Surround yourself with the best 4. Do not maintain liquidity for the long term 5. Follow stock indicators 6. Diversify your investment portfolio 7. Invest your money for the long term 8. Be patient 9. Accept losses 10. Keep your investments simple