Hello everyone who is playing and those who are new to the cryptocurrency market. On this occasion, I would like to introduce myself. I have been trading on the exchange for over a year and have some understanding, so I want to write an article to explain in detail the process, basic gameplay for newcomers, and create a community to share experiences about cryptocurrency. - By the way, I would like to ask the new members what topics you want me to write about? The basic gameplay of each type of transaction? Risks as well as profits? — If you need anything, just ask in the comments below, I will research in detail and write an article to answer for everyone —
For the experienced members, I want this to be a place where we all learn together, no toxicity, and if we can compensate for my shortcomings in the process of conveying knowledge, that would be even better.
—— I sincerely thank everyone for reading —- $ETH $BTC $XRP
$USUAL 1 some information for those new to the market who do not understand circulating supply, total supply, maximum supply.
Circulating Supply is a term used to refer to the total number of tokens or coins of a specific project that are currently in circulation in the market. This means they are always available to be bought, sold, or owned by users, exchanges, and companies, projects.
Currently, there are 3 types of supply in the cryptocurrency market that we need to pay attention to.
Circulating Supply: The number of coins/tokens currently in circulation.
Total Supply: The number of coins/tokens that have been or will be issued in the future.
Max Supply: The total number of coins/tokens that are currently in circulation, not in circulation, and have been burned during the project's existence and development.
**If the circulating supply or total supply is much smaller than the maximum supply, it can still be minted more, causing the price to potentially drop, leading to inflation in the future. The maximum supply of this one is 4 billion, so we don't know what will happen, so don't expect too much. If you are in profit at a reasonable level, you should take profit.
Spot, Margin, Futures... Have You Chosen the Right Trading Type on Binance? (Part 1)
1. Spot – Instant Trading : ✅ For: Beginners, long-term investors (those who buy coins with accumulated funds over months or years) This is the simplest and most popular type of trading. You buy or sell crypto at the current market price. After purchasing, you truly own the coin. For example: Buying BTC at 60,000 USDT means you own the actual BTC and can withdraw it to your personal wallet at any time. ⛔ No leverage → lower risk, but slower profits. 2. Margin – Margin Trading : ✅ For: Those who want to use leverage to increase profits Allows you to borrow funds to trade more than your current capital. You can borrow up to 3x, 5x, etc., of your initial capital. For example: If you have 1,000 USDT, you can borrow 4,000 more to trade a total of 5,000 USDT. *Two types of margin: Isolated Margin: Losses only affect the specific trading pair. Cross Margin: Losses can affect your entire margin balance. ⛔ High liquidation risk if the market moves against you. 3. Futures – Futures Contracts : ✅ For: Professional traders, those looking to profit whether the price goes up or down You predict whether the price will go up (long) or down (short) without actually owning the coin. Supports high leverage (x20, x50, x125...). *Two types of Futures: USDⓈ-M Futures: Margin is in USDT. COIN-M Futures: Margin is in the coin itself. ⛔ High potential profit, but extremely risky without a clear strategy or experience. 4. Copy Trading : ✅ For: Beginners without experience Allows you to copy the trades of professional traders. You can choose traders based on performance, style, risk tolerance, etc. ⛔ Risk control is still needed and it's important to choose a reputable trader. 5. Convert – Quick Conversion : ✅ For: Those who need to exchange coins quickly, without the need for charts Convert one coin into another with a single click. No trading fees, but there is a small price discrepancy. $XRP $DOGE $ETH #BinanceAlphaAlert #TrumpVsMusk #BigTechStablecoin
Binance for Beginners: A Step-by-Step Guide to Depositing Funds into Binance
If you're new to Binance, here are 3 basic methods to deposit money into the platform: 1. Deposit via P2P – Peer-to-Peer Trading (Recommended for Vietnamese Users) P2P allows you to buy cryptocurrencies (commonly USDT) using VND by transferring money directly to verified sellers on Binance. This is the fastest and safest way to start if you don’t already own crypto. 🔹 Steps: Step 1: Log in to Binance > Tap “Trade” > Select “P2P”. Choose the "Buy" tab > Select USDT. Step 2: Filter sellers by your preferred bank (e.g., Vietcombank, MoMo). Step 3: Click “Buy”, enter the amount in VND, then make a bank transfer with the exact amount and correct payment note. Step 4: Once the seller confirms receipt, Binance will release the USDT to your wallet. 🛡️ Important Notes: Choose sellers with verification badges, high ratings, and a completion rate over 95%. Do not transfer money before clicking “Buy”. Never include keywords like "USDT", "Binance", or "coin" in your bank transfer note 2. Deposit Crypto from Another Wallet (Trust Wallet, MetaMask, Other Exchanges) This option is for users who already own crypto elsewhere. Step 1: Open the Binance app → Go to Wallet > Tap “Deposit”. Step 2: Select the coin you want to deposit (e.g., USDT, BTC, ETH). → Then, choose the correct blockchain network: TRC20 (low fees, commonly used BEP20 (Binance Smart Chain) ERC20 (higher fees, use only if necessary) Step 3: Copy the deposit address → Paste it in the sending wallet (e.g., Trust Wallet, MetaMask, other exchange). Step 4: Confirm and send → Wait a few minutes to a few dozen minutes (depending on the network) for the crypto to arrive in your Binance Spot Wallet. 🛡️ Important Notes: Always choose the correct network — sending via the wrong one may result in permanent loss of funds.. 🔹 Steps: Step 1: Create an account on VNDC or Remitano. Step 2: Buy USDT using VND (usually via Internet Banking or MoMo). $ETH
Cryptocurrency Analysis (p1): RXP - The New Development in Cross-Border Payment Revolution
Overview of RXP: XRP is a cryptocurrency developed by Ripple Labs, a fintech company that founded the RippleNet payment platform. XRP is not a traditional cryptocurrency like Bitcoin or Ethereum, but it is specifically designed to improve international money transfers quickly and efficiently at low cost. Development history: Ripple Labs was founded by Chris Larsen and Jed McCaleb in 2012, with the goal of changing the way international financial transactions are conducted.