To lock and stake BNB in Binance Simple Earn, follow these steps:
1. **Log In to Your Binance Account:** - Go to the Binance website or open the Binance app. - Log in with your credentials.
2. **Navigate to Binance Earn:** - On the homepage, hover over "Earn" in the top menu and select "Simple Earn" from the dropdown menu.
3. **Select BNB and Choose the Product:** - On the Simple Earn page, search for BNB. - You will see options for both Flexible and Locked products. Choose the Locked product for a higher yield.
4. **Select the Locking Period:** - Click on the "Subscribe" button next to the BNB Locked product. - Choose the locking period that suits you (e.g., 30 days, 60 days, 90 days).
5. **Enter the Amount:** - Enter the amount of BNB you want to lock. - Ensure you have enough BNB in your spot wallet to proceed.
6. **Confirm Subscription:** - Review the details, including the estimated annual percentage yield (APY) and the maturity date. - Confirm your subscription by clicking the "Confirm" button.
7. **Complete the Process:** - Follow any additional prompts to complete the staking process. - Your BNB will now be locked and staked, and you will start earning rewards.
8. **Monitor Your Earnings:** - You can monitor your earnings and the status of your locked BNB in the "Earn" section of your Binance account.
This process locks your BNB in the Simple Earn program, allowing you to earn rewards based on the staking period you chose.
07 February 2025Macro/TradFiTalk of Trump's new tariffs shook the markets this week. Fears of a trade war caused $2.3 billion in crypto liquidations on Monday, per CoinGlass. On Tuesday, Trump delayed the 25% tariffs on Canada and Mexico for 30 days. The 10% tariffs levied on Chinese goods took effect on Tuesday. However, Minutes after, China announced 10-15% retaliatory tariffs on U.S. products, including coal and liquid natural gas, effective Feb 10.China also filed a lawsuit against the tariffs with the WTO, aiming to portray the country as a champion of global rules, in contrast to Trump's America, say analysts.MicroStrategy, the software company turned "bitcoin development" firm, unveiled a new name and logo ahead of its Q4 earnings report. The company will now be called Strategy.The SEC has acknowledged Solana and Litecoin ETF applications, setting an October deadline for approval or denial.CryptoL1/L2:Analytics firm IntoTheBlock reported nearly $1 billion in ether left centralized exchanges on Monday, the highest single-day net outflow since January 2024. "Traders took advantage of the drop to accumulate ETH," the firm said in a Telegram broadcast.On Monday, pessimistic proofs went live on the Agglayer mainnet. These proofs ensure no single chain can withdraw more than deposited from the unified bridge, making Agglayer more flexible and secure for cross-chain interoperability.Berachain launched its "proof-of-liquidity" layer-1 blockchain and began its BERA token airdrop.DeFi:According to a Blockworks article, World Liberty Financial, backed by Trump, is offering "token swap" deals to blockchain teams: buy $10M in WLFI tokens with a 10% fee, and they'll match the purchase in the blockchain's native token.0G Foundation launched an $88.88 million fund to boost AI-powered DeFi projects and autonomous agents (DeFAI).Uniswap launched its v4 DEX on 12 blockchains on Jan. 31. The upgrade features "hooks," allowing developers to create custom trading logic.Others:India is reconsidering its cryptocurrency stance due to global shifts, a senior official told Reuters.U.S-based cryptoasset exchange operator, Bullish Global, backed by billionaire Peter Thiel, is reportedly eyeing an IPO this year.Latest Binance Research Publications Check out our latest publications:Monthly Market Insights - February 2025From Challenges to Opportunities: How DeSci Reimagines ScienceFull-Year 2024 & Themes for 2025That’s a wrap!Binance ResearchAbout Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ’forward looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies or any investment strategy nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.
Buying the Dip: How to Take Advantage of the Crypto Market Crash
The crypto market is down—should you panic or seize the opportunity? Smart investors know that market crashes often present the best buying opportunities. Here’s how you can make the most of the dip:
🔥 1. Identify Strong Coins
Focus on fundamentally strong projects like BTC, ETH, BNB, SOL, and MATIC. Avoid hype-based or failing projects.
📉 2. Use Dollar-Cost Averaging (DCA)
Invest gradually instead of going all in. Example: Buy $100 worth of BTC weekly instead of a lump sum.
🏦 3. Buy and Hold for the Long Term
Crypto markets are volatile, but history shows that strong assets recover over time. Have patience and hold through market cycles.
📊 4. Watch for Reversal Signs
Monitor RSI, moving averages, and support levels to find good entry points. Don’t try to time the exact bottom—just buy when prices are low.
🚀 5. Stay Updated & Avoid Panic Selling
Follow crypto news, but don’t react emotionally. Bear markets create millionaires—if you invest wisely!
Are you buying the dip? Which coins are you accumulating? Let us know in the comments! 🔥
Binance Market Update: Top Stories February 1, 2025
According to CoinMarketCap data, the global crypto market cap is $3.48T, a 2.00% decrease over the last day.Bitcoin (BTC) traded between $101,560 and $106,012 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $101,886, down by 2.21%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include QTUM, LIT, and ONT, up by 41%, 21%, and 18%, respectively.Top stories of the day:MicroStrategy Announces Public Offering of Series A Preferred StockU.S. Short-Term Interest Rate Futures Decline After PCE Data ReleaseGrayscale Launches Dogecoin Trust Amid Growing InterestBitcoin ETF Holdings Surpass $125 Billion21Shares Announces SEC Filing for New Polkadot ETFFifteen U.S. States Initiate Bitcoin Strategic Reserve PlansPotential Approval of XRP ETF in 2025 Amid SEC LitigationCelsius Distributes Over $3 Billion to Creditors After BankruptcyCryptoQuant CEO Predicts Dramatic Shift in Digital Economy by 2028Countries May Soon Begin Large-Scale Cryptocurrency PurchasesMarket movers:ETH: $3256.96 (+0.21%)XRP: $3.0083 (-2.12%)SOL: $228.61 (-2.63%)BNB: $671.24 (-1.00%)DOGE: $0.32408 (-0.97%)ADA: $0.9292 (-2.46%)TRUMP: $23.73 (-6.50%)TRX: $0.2539 (-0.31%)LINK: $24.94 (-0.04%)AVAX: $34.06 (-1.48%)