$BTC On Sunday, June 8, the price of Bitcoin surpassed the $106,000 mark, although the top crypto token has hardly changed over the past seven days, increasing by only about 1%. Meanwhile, coins such as Ravencoin, SPX6900, and Internet Computer are drawing attention with attractive double-digit growth.
#SouthKoreaCryptoPolicy South Korea Strengthens Control Over the Crypto Market South Korea continues to tighten regulation of cryptocurrencies. Authorities are betting on transparency and investor protection after a series of high-profile scams and project collapses, including the Terra (LUNA) case. ⚖️ What is important: • Starting in 2025, a tax on cryptocurrency income will be introduced — 20% on income exceeding 2.5 million won ($1,900) per year. • Exchanges are required to adhere to strict KYC (Know Your Customer) requirements and to share transaction data. • Conditions are being created for the legalization of tokenized securities and regulation of stablecoins. 🎯 The goal is not prohibition, but the integration of crypto into the financial system with user rights protection.
#CryptoCharts101 Understanding cryptocurrency charts is the first step to successful trading. Basic elements to know: candlestick chart, support and resistance levels, trading volume, and indicators (such as RSI or MACD). Each candlestick on the chart shows how the price changed over a certain period of time: the body of the candlestick indicates the opening and closing price, while the shadows indicate the highest and lowest price during that period. Green candles represent an increase, while red candles represent a decrease.
#TradingMistakes101 Avoid these common traps! Many beginners make the same mistakes. One of the biggest is the lack of a clear trading plan. Do not start trading without defined entry and exit points, as well as a risk management strategy. Another common mistake is trading on emotions. Panic and greed can lead to impulsive decisions that harm your account. Always stick to your plan, even when the market behaves unpredictably. Finally, insufficient research is a path to losses. Always conduct thorough analysis before any trade. Learn from your mistakes and become a better trader!
#CryptoFees101 Binance charges three main types of fees: trading fees, withdrawal fees, and deposit fees. Trading fees on the spot market are typically 0.1% for both makers and takers, but if you use BNB (Binance Coin) to pay the fees, you receive a 25% discount, reducing it to 0.075%. Futures trading fees are even lower, starting at 0.02% for makers and 0.04% for takers. Withdrawal fees vary depending on the cryptocurrency and network. For example, withdrawing USDT on the TRC20 network costs about 1 USDT, while other networks, such as ERC20, may be more expensive. Deposits, on the other hand, are usually free.
#CryptoSecurity101 Security is paramount in Web3. Knowing how to securely store assets, protect private keys, and navigate wallets is essential for lasting participation in cryptocurrency.
#TradingPairs101 In its essence, a cryptocurrency trading pair is a combination of two different cryptocurrencies or a cryptocurrency and fiat currency (such as USD or EUR), which can be exchanged for each other on a cryptocurrency exchange. It primarily shows the value of one asset relative to another. How do they work? * Base and Quote Currency: Each trading pair consists of two parts: * Base Currency (first in the pair): This is the asset you are buying or selling. * Quote Currency (second in the pair): This is the asset you use to make the transaction, and the price of the base currency is expressed in it. * Example: BTC/USDT * BTC (Bitcoin) is the base currency. * USDT (Tether, a stablecoin pegged to USD) is the quote currency. * If the price for BTC/USDT is 60,000, it means that 1 Bitcoin costs 60,000 Tether. You will use 60,000 USDT to buy 1 BTC, or you will sell 1 BTC to receive 60,000 USDT. Types of Trading Pairs: There are two main categories of cryptocurrency trading pairs: * Crypto-Crypto Pairs: This involves exchanging one cryptocurrency directly for another. * Examples: BTC/ETH (Bitcoin for Ether), ETH/BNB (Ether for Binance Coin), LTC/DOGE (Litecoin for Dogecoin).
#Liquidity101 What is liquidity in trading? Liquidity is the ability of an asset to be quickly sold or bought without significantly impacting its price. The higher the liquidity, the easier it is to execute a transaction at the current market price. For example, Bitcoin has high liquidity because there is a large demand and supply for it — meaning it can be easily sold or bought at any moment. On the other hand, lesser-known tokens may have low liquidity: if you try to sell them, you may have to either wait for a buyer or lower the price. In the market, liquidity is important for traders and investors, as it affects risks, spreads (the difference between the buying and selling price), and the speed of transaction execution.
#OrderTypes101 Order types determine how and when your trade is executed. Each order type has its purpose and can help you manage risks and optimize your trading strategy. Whether it's a market order for speed or a limit order for better price control, the right tool depends on your trade setup. 💬 Your post may include: · How do market, limit, stop-loss, and take-profit orders work? · When and how to use each order type? · Share your favorite order type and why. · Share a real trade where using the right (or wrong) order type made a big difference.
#CEXvsDEX101 When it comes to trading, users often face a choice: CEX or DEX? Centralized exchanges (CEX) — such as Binance — offer high liquidity, fast order processing, and a user-friendly interface. They are regulated and typically provide customer support and fund protection. At the same time, decentralized exchanges (DEX) — for example, Uniswap — give users more control. You hold your keys, trade directly from your wallet, and avoid intermediaries. This enhances privacy but also increases risks, especially for newcomers. Which type to choose? It all depends on your priorities — convenience vs control, speed vs decentralization.
#TradingTypes101 Scalping This is the fastest and most intense form of trading. Scalpers enter and exit positions in seconds or minutes, trying to gain small profits from minor price fluctuations. It requires constant focus, lightning-fast decision-making, and a large number of trades per day. Think of it as speed chess with money.
#TradingTypes101 The presence of different types of trading is determined by different approaches to trading, varying volumes, and risk tolerances. Therefore, the general public should first spend time on research, as without certain skills, none of the types will yield profit.
$ETH Vitalik Buterin in Kyiv: the new TIME documentary shows how Vitalik Buterin plays chess with Mykhailo Fedorov in Kyiv, discussing the role of cryptocurrencies in supporting Ukraine during the war.
In 2022, the transition from Proof of Work (PoW) to Proof of Stake (PoS) took place — this reduced Ethereum's energy consumption by over 99%. • In the future, further sharding of the network is expected — the distribution of the blockchain into 'shards', which will significantly increase scalability.
In 2022, the transition from Proof of Work (PoW) to Proof of Stake (PoS) took place — this reduced Ethereum's energy consumption by over 99%. • In the future, further sharding of the network is expected — distributing the blockchain into "shards", which will significantly increase scalability.
Signs: • Strong support at key levels (support levels). • Increased trading volume (volume) during the rise. • "V-shaped" recovery — a rapid decline followed by a rapid rise. • Positive news or a change in market expectations (for example, easing of the US Federal Reserve's monetary policy).