#CryptoRoundTableRemarks **#CryptoRoundTableRemarks** on Binance, discussing industry leaders' statements on code, decentralization, and regulation, including a balanced opinion on developers and regulation:
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⚖️ #CryptoRoundTableRemarks Should DeFi developers be held accountable as financial institutions, or protected like open-source developers?
🔹 SEC Chair Statement: "Engineers should not be held accountable for how others use their code." 🔹 Hester Peirce: "Code is speech protected under the First Amendment." 🔹 Erik Voorhees: "Smart contracts are a significant advancement that surpasses human regulation." 🔹 Others see decentralization not as chaos, but as transparency and predictability.
💡 My Opinion: DeFi does not mean the absence of rules, but rather their technical and clear application. Smart contract developers should be protected as long as they are not involved in direct fraudulent activities. Regulation should evolve to include **accountability at the outcome level, not just code writing**.
📈 The future is code-driven finance, and the smart move is for regulators to collaborate with developers instead of fighting them.
🎓 **Master Crypto Trading Fundamentals & Earn Binance Points!** Do you want to enhance your cryptocurrency trading skills and earn Binance points at the same time? Now you have the opportunity!
🧠 Through the **Crypto Trading Fundamentals Deep Dive** series, Binance offers 10 essential topics that every trader should know, from beginner to professional.
📅 **Activity Period**: From May 29 to June 12, 2025 🕗 Follow the official Binance Square daily at 08:00 (UTC) for the topic of the day.
📌 **How to Participate**: 1️⃣ Write a post containing your opinion, experience, or tips about the specified topic. 2️⃣ The post must contain at least 100 characters. 3️⃣ Use only one hashtag for the topic, such as: #TradingMistakes101 or #CryptoFees101
Reading charts is a fundamental skill for any trader, as it helps you time your entries and exits more accurately.
📈 The most popular patterns to watch for:
* Head and Shoulders: Often indicates a trend reversal. * Triangles: Used to determine breakout or breakdown probabilities. * Double bottoms and tops: Strong signals of trend reversal.
🔍 How do we determine a trend or reversal?
* An uptrend is characterized by higher highs and higher lows. * A downtrend is characterized by lower highs and lower lows. * Watch indicators like RSI and MACD to confirm signals.
💡 Reading the chart helps you avoid late entries or early exits and gives you a clearer view of market movements.
Mistakes are a natural part of any trader's journey, but learning from them is what makes the difference.
🔻 Common Trading Mistakes:
* Entering trades due to emotions or fear of missing out (FOMO). * Ignoring the use of stop-loss. * Lack of a clear trading plan. * Relying entirely on recommendations without personal analysis.
✅ To develop discipline:
* Commit to capital management. * Focus on technical and fundamental analysis, not on the noise.
🗣️ Advice for beginners: Start with small amounts, and consider every decision a step towards building your experience in the market.
#CryptoFees101 To understand crypto fees, focus on 3 main types: 🔹 Maker/Taker Fees: The Maker adds liquidity with lower fees, while the Taker removes it and has higher fees. Use limit orders to reduce them. 🔹 Gas Fees: Paid on networks like Ethereum. To reduce them, use cheaper networks like BNB Chain, and trade during quiet times. 🔹 Withdrawal Fees: Vary by currency and network. Monitor fees before transferring, and choose low-cost networks. 💡 Tip: Follow Binance offers to reduce trading fees, and use pairs like BTC/USDT with high liquidity. Reduce fees, and increase your profits. Share your method with us! 💬 #CryptoFees101 #BTCUSDT
🔐 In the world of Web3, **security is the top priority**! To protect your digital assets, it is essential to understand the difference between hot wallets and cold wallets, and know how to manage your private keys securely.
🧊 **Cold Wallets** like Ledger or Trezor, operate without a direct internet connection, and are the best choice for storing large amounts of cryptocurrency for a long time.
🔥 **Hot Wallets** like MetaMask and Trust Wallet, are connected to the internet and are used more for daily transactions, but they are more susceptible to hacking.
📌 Best practices to maintain your security:
* Do not share your private key or recovery phrase with anyone * Use two-factor authentication (2FA) * Ensure that you only interact with trusted sites * Revoke permissions for unused smart contracts
#TradingPairs101 📈 Choosing the right trading pair is a fundamental step for any successful trader in the crypto market.
🔄 How do trading pairs work? A pair consists of a base currency and a quote currency. For example, in the #BTCUSDT pair, BTC is the base currency, and USDT is the currency used for pricing — meaning you buy or sell BTC using USDT.
💵 For me, I prefer trading in pairs priced in stablecoins like USDT or BUSD, as I can measure profit and loss more clearly and avoid additional market volatility.
#Liquidity101 📊 Liquidity is one of the key factors that affect the execution of trades in the crypto market. Liquidity refers to how easily a specific asset can be bought or sold without causing significant changes in price. 🔄 The higher the liquidity, the faster your orders are executed and closer to the market price. In low liquidity currencies, you may face price slippage, partial executions, or even failures in executing the trade — especially during market fluctuations. 👁🗨 Before entering any trade, I assess liquidity through:
Daily trading volume$
Order Book Depth
Bid/Ask Spread
✅ To reduce price slippage:
I use Limit Orders
I avoid trading during major market news or times of sharp price fluctuations
I divide large trades into smaller parts
Understanding and managing liquidity is the key to smart trading. #Liquidity101 #CryptoTips #ETHUSDT
Understanding the different types of orders is a fundamental part of any trader looking to improve their strategy and manage their risks effectively. ⚙️ 🔹 Market Order: Executes the trade immediately at the best available price. I use it when I need to enter or exit a trade quickly, especially during strong market movements. 🔹 Limit Order: Allows me to set the price at which I want to buy or sell. Very useful if I am targeting a specific price and want to minimize slippage. 🔹 Stop-Loss: An important tool to protect my capital from significant losses. I always place it below an important support level. 🔹 Take-Profit: Helps me secure profits automatically when the price reaches my target. 🎯 #CryptoTrading #BNB
Understanding the difference between Spot trading, Margin trading, and Futures trading is a fundamental step in building a smart strategy in the crypto world. 🔍
Spot trading is the simplest – you buy and sell actual assets like #ETHUSDT, and you truly own what you purchase. It is the ideal option for beginners and long-term investors.
Margin trading allows you to borrow funds to increase the size of your position. It can amplify profits, but it also increases losses. I use it for short-term opportunities when I am confident in the direction, with strict risk management.
Futures trading is more advanced – you trade contracts based on price movement, often using leverage. It’s excellent for hedging or short selling, but it requires significant experience and discipline.
#CEXvsDEX101 Choosing between centralized exchanges (CEX) and decentralized exchanges (DEX) is one of the first important decisions for any trader in the world of digital currencies. 💡 Centralized exchanges like Binance offer high liquidity, fast trade execution, and an easier user experience. I prefer to use them when I need to make quick trades for major pairs like #BTCUSDT. However, in return, you must trust the platform to hold your funds. On the other hand, decentralized exchanges provide you with complete control over your assets and better privacy. I often use them when trading rare cryptocurrencies or when engaging in decentralized finance (DeFi) projects. However, using them requires more technical expertise and exposes you to risks such as front-running.