Spot Trading on Binance is simply buying and selling cryptocurrencies for immediate delivery. In other words, when you make a spot trading transaction, you are buying or selling the digital asset directly at the current available price. The asset is delivered and exchanged immediately between the seller and the buyer. Here are the key points about spot trading on Binance: * Ownership of the asset: When you buy a cryptocurrency in spot trading, you become the actual owner of that asset, and it appears in your spot wallet on Binance. * Current price: Transactions are executed at the current market price, or you can place limit orders at a price you want. * Simple and straightforward: It is considered the simplest type of trading as it relies on the principle of buying at a low price and selling at a high price (or the opposite to profit from price drops, although this is less common in spot cryptocurrency trading). * No virtual leverage: Generally, spot trading does not involve the use of leverage directly (unlike margin trading or futures). You trade with the capital available in your wallet.
Here is an average summary of the reasons why the Pi currency has not been listed on Binance yet: 1. "Closed Network" Phase: Pi trading is still limited within its own system, and there is no trading or liquidity in the open market, which contradicts Binance's requirements. 2. Ambiguity of Data and Transparency: Lack of clarity regarding Pi token details (total supply, circulating supply, lock mechanisms) raises Binance's concerns about potential price manipulation and risks. 3. Legal and Regulatory Risks: The lack of clear regulatory approvals makes Binance hesitant to list Pi for fear of violating laws. 4. Centralized Development: The core Pi team's control over development raises questions about the project's commitment to the decentralization preferred by Binance. 5. Lack of Liquidity and Trading Volume: The unavailability of Pi for trading in the open market means a lack of liquidity required for a stable trading environment on a large platform like Binance. Despite the enthusiasm of the Pi community, Binance has not officially announced any listing plans yet. Pi is currently traded on some smaller platforms, but not on Binance. Official announcements from both parties should be monitored for the latest updates.
Prices of BONK since its release. Release Date of BONK: The BONK currency was launched on December 25, 2022. Launch Price: A precise and uniform price for the launch of BONK was not determined, as a large portion of it was distributed through Airdrop operations to the Solana community. However, actual trading of the currency began in late December 2022, and the prices at the beginning were extremely low, estimated at around $0.000000134 on December 31, 2022. All-Time High (ATH): BONK recorded its all-time high at around $0.0000592 on November 20, 2024. Current Price (April 29, 2025): The current price of BONK is approximately $0.000020. Price Summary: * Launch Date (December 2022): Trading began at very low prices, estimated at around $0.000000134 at the end of December. * All-Time High (November 20, 2024): $0.0000592 * Current Price (April 29, 2025): Approximately $0.000020 BONK, like many other cryptocurrencies, especially meme coins, has experienced significant price volatility since its launch. After a period of trading at low prices, the currency began to rise significantly in late 2023 and continued to increase throughout 2024, reaching its all-time high in November. Despite some price corrections, BONK is still trading at much higher levels than its launch price.
PEPE Release Date: The PEPE coin was launched in mid-April 2023. Launch Price: The price of PEPE at its launch was around $0.000000001 (part of a billion US dollars). All-Time High (ATH): PEPE recorded its all-time high at around $0.00002803 on December 9, 2024. Current Price (April 29, 2025): The current price of PEPE is approximately $0.00000905. Price Summary: * Launch Date (April 2023): Approximately $0.000000001 * All-Time High (December 9, 2024): $0.00002803 * Current Price (April 29, 2025): Approximately $0.00000905 Since its launch, PEPE has experienced significant price fluctuations, rising dramatically in a short period after its launch and entering the top 100 cryptocurrencies by market capitalization. However, it has also seen significant price corrections since then.
* The Solana network was officially launched in March 2020. * It began trading at very low prices, recording its all-time low of around $0.50 on May 11, 2020. Strong Rise (2021): * The year 2021 saw a significant increase in the price of Solana, as its value gradually began to rise throughout the year. * In August 2021, the price of Solana surpassed $100 for the first time. * It reached its highest levels in 2021 in September, exceeding $200. Volatility, Decline, and Then Recovery (2022-2024): * The year 2022 witnessed a significant decline in the prices of most cryptocurrencies, and Solana was greatly affected, as its price dropped below $10 by the end of the year. * The price of Solana began to gradually recover during the years 2023 and 2024, with notable fluctuations. Reaching a New All-Time High (2025): * In January 2025, Solana recorded a new all-time high of around $293 - $295. Current Price (Late April 2025): * The price of Solana is currently trading around $147 - $152. Summary of Key Price Points: * All-time low: around $0.50 (May 2020). * All-time high: around $293 - $295 (January 2025). * Surpassed $100 for the first time: August 2021. * Current price (late April 2025): around $147 - $152.
* 2009-2010: At the beginning, Bitcoin had little to no value. In 2010, the first trades began at a price of less than $0.01 for one Bitcoin. In July of the same year, it saw a noticeable increase reaching around $0.08. * 2011-2013: The value of Bitcoin started to gradually rise, reaching $1 in February 2011, then jumping to about $31 in July 2011 before experiencing a sharp decline. In 2013, a strong upward wave began, surpassing $100 and then reaching over $1,000 by the end of the year. * 2014-2017: After that, it experienced significant fluctuations, with sharp declines followed by gradual recovery. By 2017, a new, more massive upward wave began, peaking at around $20,000 in December 2017. * 2018-2020: This was followed by a significant price drop that lasted for several years. Prices began to recover gradually again in 2020. * 2021-present: Bitcoin has experienced significant fluctuations, reaching new record levels exceeding $60,000 in 2021, then dropping before rising again. Currently (late April 2025), Bitcoin is trading around $95,000. In summary: The price journey of Bitcoin has been full of extreme fluctuations, rising from nearly worthless to tens of thousands of dollars, with periods of sharp ups and downs.$BTC
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