What are the hidden factors that might drain your profits without you noticing? Many traders focus on profit and ignore the fees that might stealthily eat into their gains. Here are the most notable ones:
1️⃣ Trading Fees Every buy or sell transaction takes a small percentage, and with repetition, these fees accumulate.
2️⃣ Spread Some platforms offer slightly different prices for buying and selling, and the difference goes as profit to the platform.
3️⃣ Withdrawal Fees Transferring your coins from the platform to an external wallet may cost you a fixed amount or a certain percentage.
4️⃣ Hidden Fees in Some Blockchains Some networks like Ethereum may impose high Gas fees during busy times.
5️⃣ Conversion Fees Switching one currency to another (even within the same platform) may involve unclear direct fees.
6️⃣ Deposit Fees using Cards or Traditional Methods Some methods like credit cards may involve high, undisclosed fees.
🎯 Golden Advice: Always read the fee details on the platform you are using, and compare before making a decision!
#Write2Earn of the very important and currently discussed topics in the cryptocurrency market on the Binance platform
📌 Topic: Ethereum ETF (Ethereum Spot ETF) and its impact on the market
Why is this topic important now?
In recent weeks, momentum has increased around the possibility of approval for a spot ETF for Ethereum (similar to the Bitcoin ETF that was previously approved in the U.S.). This news has led to noticeable increases in the price of Ethereum (ETH) and has influenced the entire cryptocurrency market.
In the crypto world, managing your money starts with protecting yourself. Digital currencies give you freedom, but they also carry a great responsibility: no bank protects you, no technical support compensates you, and no turning back after a mistake.
🎯 Our goal in this series: We help you learn how to protect yourself, your wallet, and your money from common risks – from fraud to hacking.
📅 Follow us daily in the 97940372174 series and learn:
The difference between hot and cold wallets
How to detect phishing attempts
Why you should never share your private key
Tools to check the legitimacy of projects
What to do in case of a hack
🚀 Because knowledge = protection. Join us and be part of the #BinanceSquareFamily safe family!
Have you started your journey in the crypto world? 🤔 Here’s the first step you need to understand: "Trading Pairs"
🔄 What is a trading pair? It's simply the two currencies you trade between. So when you buy or sell a currency, you are always doing it against another currency.
✅ Examples to clarify:
BTC/USDT ➝ You buy or sell Bitcoin against Tether.
ETH/BTC ➝ You buy or sell Ethereum against Bitcoin.
📊 Types of pairs:
1. 💵 Against traditional currencies (like USD or EUR)
2. 🔁 One cryptocurrency against another (Crypto to Crypto)
3. 🧊 Against a stablecoin (like USDT or BUSD)
💡 Quick tip for beginners: Start with pairs that contain stablecoins to avoid large price fluctuations. And make sure to check liquidity and trading volume before entering a trade!
🔐 Learn the basics = Smarter decisions = Trading with confidence!
💬 Share with us: What was the first trading pair you started with? 👇
Have you ever wondered: Why can some currencies be easily sold, while others make it hard to find a buyer? 🤔
📌 The answer is: Liquidity!
🔍 What does liquidity mean? It is the ease of converting an asset (like cryptocurrencies) into cash or other assets without a significant loss in price.
🔹 High liquidity = quick trading + small price difference between buying and selling 🔸 Low liquidity = difficulty in selling + high probability of significant price drop
💡 Examples from Binance:
BTC/USDT → high liquidity 🔥
A new or lesser-known currency → its liquidity may be weak 🚨
✅ Why is liquidity important for you as an investor?
1. It facilitates entering and exiting the market
2. It reduces the likelihood of price slippage
3. It means a more fair and transparent market
📣 Today's tip: Before entering any currency, check the daily trading volume and liquidity, especially if you plan to invest a large amount. 🧠
📢 Share your opinion: Have you ever commented on a currency with weak liquidity? What was your experience? 👇 #BinanceSquareFamily Crypto_for_beginners
Do you want to execute your trade immediately? 🤔 ⬇️⬇️⬇️
🔹 A Market Order is a buy or sell order that is executed immediately at the best available price in the current market.
🟢 When do you use it?
When speed of execution is more important to you than price.
In times of rapid fluctuations or when an immediate opportunity arises.
📌 A simple example: You are monitoring the BNB coin and its price is currently $600. Do you want to buy immediately before the price goes up further? ✅ Place a "Market Order" and the trade will be executed at the nearest possible price.
⚠️ But be careful! The price may change within a fraction of a second, especially in low liquidity markets = you might buy at a higher price than you expected!
🔍 In summary: ✔️ Fast ❌ Less control over the price
🚀 Use it when the opportunity is more important than accuracy in price.
🔹 CEX (Centralized Exchange) Example: Binance, Coinbase ✅ Easy to use ✅ High liquidity ✅ Technical support ❌ Requires trust in a third party ❌ Requires identity verification (KYC)
🔹 DEX (Decentralized Exchange) Example: Uniswap, PancakeSwap ✅ Does not require KYC ✅ Full control of your wallet ❌ May have lower liquidity ❌ Requires deeper understanding to avoid mistakes
💡 In summary:
If you are a beginner, CEX is easier.
If you prefer privacy and full control, DEX is your choice.
And the smartest? Learn both! 😉
📌 Which platform do you prefer? And why? Share your opinion
🔐 The security of your account is the first step to success on Binance ✅ Enable Two-Factor Authentication (2FA) ✅ Do not share your login details with anyone ✅ Ignore any messages asking you to transfer or provide personal information #BinanceSquare $BTC $ETH $XRP
📚 Don't know where to start? Learn for free from Binance sources: 🎓 Binance Academy 🎥 Binance YouTube Channel in Arabic 📰 Follow the blog and news Learning is the path to success #BinanceSquareBTC $BTC $ETH $XRP
⚠️ The most common mistakes beginners make: ❌ Buying without research ❌ Entering the market in a moment of panic ❌ Using all capital in a single trade Learn risk management, and start with a demo account 71456638415 $SOL $BNB 98788482989
📈 Don't just follow recommendations! Start by understanding the basics: 📌 What is support and resistance? 📌 Indicators like RSI and MACD 📌 Learn from Binance Academy Knowledge protects you from losses #BinanceSquareFamily #BinanceAlphaAlert $SOL $BNB $XRP
💳 The Easiest Ways to Buy Currencies on Binance: 1️⃣ Bank Card 2️⃣ Bank Transfer 3️⃣ P2P Trading with Other Users Choose the method that suits you best and start with simple steps! #BinanceSquareFamily #StrategyBTCPurchase $BTC $ETH $BNB
📊 On Binance, there are more than one type of trading: 🔸 Spot Trading: Direct Buy/Sell 🔸 Margin Trading: Leverage (Higher Risk) 🔸 Futures Contracts: For Professionals Start with Spot Trading, as it is the most suitable for beginners. #BinanceSquareFamily #BinanceAlphaAlert $XRP $BNB $SOL
#Write2Earn ✅ Steps to profit from #Write2Earn on Binance: 1. Create an account on Binance If you do not have an account, register at: www.binance.com.
Verify your identity (KYC) to participate in profit programs.
2. Access Binance Feed
Access the Binance app or website, and go to the Feed section (found in the 'More' section or directly from the main interface in some countries).
Is BNB still a golden opportunity in 2025? A comprehensive analysis of Binance's official currency
> Over the past years, BNB has proven to be more than just a token for trading fee discounts, evolving into one of the strongest digital assets in the market.
In this article, we will briefly discuss:
The real use cases of BNB
Its future amidst developments on the Binance platform
Is investing in it still sensible?
✅ The use cases that empower BNB:
1. Discounts on trading within the Binance platform
Using BNB offers up to 25% discount on trading fees.
2. Participation in Launchpad projects
Most new projects on Binance require holding BNB to participate in the offerings.
3. Payments and transfers
Supported in hundreds of applications and wallets.
4. Periodic burning
Binance burns a certain number of BNB every quarter, reducing supply and increasing value in the long term.
📈 Is BNB an investment opportunity in 2025?
Despite the volatility, BNB has maintained its position among the top 5 digital currencies.
With the evolution of Binance Smart Chain (BSC) and the increase of projects built on it, BNB becomes an essential part of this ecosystem.
If Binance continues its expansion (while reducing regulatory issues), we may see BNB break new historical levels.
Future Predictions: Some forecasts suggest that the price of Bitcoin could reach $210,000 this year, reflecting widespread optimism among analysts.
Summary
Bitcoin shows strong performance in May 2025, supported by institutional interest and favorable government policies. However, investors should monitor key support and resistance levels and make their decisions based on accurate market analyses.