💥New Feature Launch - Binance Official Friend Chat ① Click on the Binance APP - Top left corner 'three horizontal lines' ② Click on the top right corner 'Scan' ③ Scan the QR code to add friends 💥Or click the chat page top right corner 【+】→【Add Contact】→ Enter my ID: bafeiniu8
💥You have questions, I can give you answers!
💰Want to save money on Binance long-term? Actually, it's just two points: Fee reduction + $BNB discount. As long as the fee volume is slightly larger, the amount you can save in a year is in the thousands to tens of thousands U range.
🤷Check your past fee path: Assets → Contracts → Today's Realized Profit and Loss → Funding Fees and Trading Fees Send me a screenshot, I can help you calculate directly: if you go through me, how much you can save. Both spot and contracts can be reduced, combined with BNB discounts, you can basically save over half.
👇 Binance's old user recall plan has been launched Accounts that did not receive rebates before can now directly obtain a 20% fully automated fee reduction 💐 Meet the following conditions: 1⃣ Previously registered on Binance 2⃣ Never bound to other referral relationships 3⃣ No trading or product use on Binance in the past 180 days 👉 (Invitation code: VIPVIP): https://www.maxweb.cab/join?ref=VIPVIP
Participation method: Click the link above to log in directly to your old account; if you are logged into another account, please log out first, then click the participation link.
$MNT The buns have opened, and I just realized Brother Liu Qiangdong gave me 200,000 bullets for free It's almost New Year, time to prepare to sit at the table and tease the village flower All you cutters, give me some wealth codes, let me have a good time $OKB, stop calling out, $BNB has already been stockpiled I don't want to be sad, depressed, and down like Wang Duan Niao #加密市场反弹
The logic behind the NIGHT explosion: Why is this just the prelude now? Is everyone still holding onto the $NIGHT airdrop from yesterday? Don't underestimate this coin; I increasingly feel that there is more to come, and it will be a big show.
However, the phenomenon that stood out yesterday was the huge price gap at the opening. I posted an explanation not long ago, and now let's review why it could still surge strongly after that:
1. The opening price gap is inevitable - Binance Alpha's liquidity is extremely shallow, combined with airdrop selling pressure, the price was once driven down to around 0.02 - OKX/Bybit, as mainstream CEXs, saw the price surge directly to 0.08–0.09 after buying pressure came in This is a typical “DEX vs CEX price gap game” for new coins, and it's not surprising.
2. Chips are highly concentrated, with strong control ability - A large amount of the 4.5 billion circulating tokens is held by a few addresses - The largest on-chain whale holds 31% of the total supply The concentration of chips in a few hands means that both the upward surge and downward pressure can be dominated at any time.
3. Alpha becomes a low-price accumulation zone - Most airdrop users directly sold off on Alpha for cashing out - Smart money and whales continually accumulated in the 0.02–0.03 range, then moved to OKX/Bybit to pump and arbitrage
4. The current contract market is not mature, and operators are cautious - Although OKX (20x) and Bybit (50x) have launched contracts, their depth and open interest are still shallow - Due to limited liquidation profits, operators have not really pushed for a surge - Currently, they are only executing small surges or quick sell-offs to carry out a double kill on both sides, which has happened multiple times today.
Key point: The real market trend will wait for Binance contracts to go live - The liquidity, depth, and retail leverage scale of Binance contracts are usually 5–10 times that of other platforms - Only after Binance contracts are activated can operators possibly invest large funds for significant surges or sell-offs, achieving a double explosion - Before that, the market is likely to maintain fluctuations or slight corrections, and it is not advisable to go All-in at high prices.
Project background supplement: Midnight is pushed by Ethereum co-founder and Cardano founder, focusing on the privacy track, and after launching on Binance, it surged 4% to $ADA .
#night I dare not say it will definitely skyrocket, but I can say: the play of this coin is far from over. What you should look at is not the current price, but rather—who it is preparing to make lose money and who it is preparing to make money. Stay tuned, stay calm. Major trends often truly begin when most people have exhausted their patience.
🚨 Why is $NIGHT on Binance Alpha priced at 0.031, while Bybit's spot opening price remains stable at 0.069? One truth: Not all prices you see are real! A group friend just asked me: "For the same NIGHT, one is 0.031, and the other is 0.069, which one is reliable? Is it a platform issue?"
Let me explain clearly in the simplest terms 👇 💡 Truth One: Each exchange is an independent universe Binance has its own users and buy/sell orders, Bybit has its own users and buy/sell orders. No platform has an "official price." It's like the same cup of milk tea, the prices vary among different vendors.
💡 Truth Two: Different liquidity leads to "outrageous" prices This is the core reason behind the huge price difference for NIGHT. High trading volume on Binance → more stable prices Bybit is newly launched, low liquidity → a small amount of funds can skew the price
In short: The worse the liquidity, the easier it is to "inflate" the price! A price of 0.069 on Bybit doesn't mean the coin is really worth that much; it might just have been pushed up by a few trades.
💡 Truth Three: Fees, deposit methods, trading pairs… all affect prices Users' costs vary on different platforms, so the prices they are willing to pay naturally differ. For example: Some platforms have slow withdrawals Some platforms have high fees Some platforms only support specific trading pairs All of these can subtly influence prices.
💡 Truth Four: Information desynchronization makes price differences look larger Each platform updates its system at different speeds, Has different matching mechanisms, And experiences different user sentiments… Seeing two different prices is very normal.
💡 Truth Five: Theoretically, arbitrage is possible, but in reality, most people will get "killed in return" Don't be deceived by the large price difference and think you can "arbitrage without thinking." You need to consider: Fees On-chain confirmation times Withdrawal delays Whether the price has dropped by the time it arrives Exchange pair conversion losses The pitfall most beginners fall into is: After you cross over, the price difference disappears, and fees are deducted, resulting in a loss.
✅ A reminder from the heart (suggest to follow + bookmark) Price difference ≠ opportunity, and it’s not abnormal. For beginners, recklessly arbitraging carries great risks. Prices vary across different platforms When you see a platform that has been "pulled up," stay calm and don't assume that is the real price. #night
A few months ago, U Business: "$ETH multiple orders profit 17.8K dollars, please make an appointment in advance for demand."
A few months later, U Business: "Hello, can I borrow two hundred bucks for transportation? I'm really facing some difficulties, I will definitely pay it back later."
Will the cow come back? Stop and focus on health! #加密市场观察
Starting tomorrow, men remember to get a 'Good Zhao Head' haircut.
Learn from Brother Da @CZ reply to me, it's fine to shave it yourself.
After all: The obsession and meaning of hairstyles among the Dragon Country people are very profound, rooted in thousands of years of culture, etiquette, feng shui, physiognomy, and modern social psychology.
Women remember to buy a yellow long dress to prepare.
Waiting for the 'Yellow Robe to be Worn'.
Congratulations to Sister Yi @Yi He on being appointed as the Co-CEO of #Binance.
Young-looking veteran OGs in the workplace remember to refer to themselves as 'interns'.
Japan's interest rate hike, why is it triggering global market turbulence? - The 'de-leveraging' of the real world is happening
Even novices can understand: the world is experiencing a liquidity contraction driven by Japan, which is not a problem unique to cryptocurrency, but a structural shift in global capital flows.
In the past 24 hours, the cryptocurrency market has significantly corrected: $BTC fell from $91,000 to below $86,000 Over $600 million liquidated in 24 hours
The total market cap of cryptocurrencies evaporated by $144 billion This is not an internal issue of cryptocurrency, but rather a forced contraction of global liquidity. The real source comes from Japan. 1. What happened in Japan? The Bank of Japan Governor Ueda Kazuo has released hawkish signals, with market expectations for a rate hike on December 19 rising to 76%.
$MMT I'm already prepared to bring it to zero, why does it need to be revived now? Anyway, there's no strong liquidation price, if I'm trapped, I'm trapped. I usually don't trade here. What exactly do you want to stir up, dealer? $ETH Stop fooling the dealer!
The Art of Speculation: Increase holdings $BNB or gain attention from @CZ ?
$BNB : Current Price: $1008 Circulating Supply: 137,737,303 Max Supply: 137,737,303 Total Supply: 137,737,303 Market Cap: $139.01B
Attention for $CZ : Current Price: $80000 Circulating Supply: 1464 Max Supply: 1868 During 9/17-11/10, 384 were destroyed Total Supply: Should not exceed 4444 Market Cap: $0.12B
To this day, I still believe: cryptocurrency exchanges should not be limited to cryptocurrency
If limited to cryptocurrency, then it can't be called an exchange
It should directly integrate #gamblefi , and open a page for cryptocurrency settlement of the "Mandarin Special Edition Macau New Something" Rather than guessing directions every day, painfully holding positions, and then suddenly going to zero It’s better to buy big or small in 3 minutes—easy, direct, and satisfying When one day the ancestral grave cracks and smoke rises, if you guessed right Then casually enter the crypto circle to take a position, fulfilling a hundredfold, thousandfold dream After all, both China and the US strictly regulate virtual currency, what does it matter whether it’s 'compliant'?
In the past few days, I came across a hot post that said: "The commonly used exchanges in Mandarin, besides #某K and #Binance, others will explode recently." I neither agree nor disagree, just diversify risks After all, the black swan event on October 11, I don't know how many people were cleared out, can the end-of-year user growth and trading volume indexes of major exchanges still be achieved?
Now those who shout 'Build' every day, today shout Build this, tomorrow shout Build that I feel like it resembles the predictions of a certain lottery— "Looks like a monkey, looks like a mouse, and looks like a horse, if right, then compensate for the sheep." To be honest, after building for so long How much has actually promoted Web3 into reality? How much has it advanced human civilization?
Those coins that everyone does not think highly of, can they still be shorted? Has $MMT not taught you? High leverage and zero-sum games: perpetual contracts allow 100-400 times leverage Information asymmetry and manipulation: exchanges can modify trading data, algorithmic trading and inside information give institutional project parties an advantage, retail investors chase up and down like gamblers, with 90% losses for retail, and 'the house always wins' Meme coins and air coins are rampant: prices rely on speculation rather than practical value, volatility is 10 times that of the stock market Lack of regulation amplifies risks: frequent collapse events expose liquidity illusions and fund misappropriation issues
Looking at the lottery industry, global annual revenue is 50-57 billion USD, far exceeding the 4-5 billion of exchanges Since this is the case, those exchanges that are about to explode should listen to my advice—rather than pretending to be 'financial innovation', it’s better to secretly launch GambleFi Give retail investors a raw, pure, and not overly complicated betting segment with close to 50/50 winning probabilities At least, if you win, you can laugh; if you lose, you can accept it and quickly go downstairs to buy cigarettes.
In chaotic times, gold is precious; in prosperous times, antiques are hot
People in the county no longer speculate on cryptocurrencies but have started to speculate on gold
A friend of mine goes up the mountain and down to the countryside during the day to collect gold, and sells mortgaged cars at night
He ended up encountering an old man in his sixties, who held a hundred-gram gold necklace in his hand and insisted it was pure gold
When tested by fire, it turned out to be all sand gold
The old man slapped his thigh on the spot and said: "It's over, I've been cheated by Pinduoduo! Quickly return it, I'm still within the seven-day no-reason return period!"
A few dozen $XAUT betting tens of thousands, once exposed can still be returned without loss
Is this mindset, this thinking coming into the crypto world—any less transparent than "that guy who shouts long-term benefits while holding short positions himself, eating fan liquidity"?
Is it any less Binance-minded than "that guy organizing the wallet, increasing holdings of $BNB " and easier to achieve $币安人生 ?
Seize the opportunity, bury your conscience, profit by arbitrage, and retreat without loss
#Binance HODLer Airdrop Phase 49 is actually a very interesting project——@Morpho Labs 🦋 ( $MORPHO ).
🔶This is not a simple lending protocol, but rather an infrastructure that can truly change the underlying efficiency in the DeFi world. In simple terms, Morpho is helping retail investors earn a little more interest and pay a little less interest.
🔶Its mechanism is very clever—— peer-to-peer matching + liquidity pool mixing, if someone borrows, it matches them; if no one is borrowing, it automatically connects to Aave or Compound to earn returns. This means higher capital utilization and a more stable safety net.
🔶The investment lineup behind Morpho is also quite strong. a16z, Coinbase Ventures, Pantera, Variant are all involved. The financing amount alone is 68 million USD. Projects of this level are no longer just "new concepts," but rather representatives of a new generation of DeFi lending logic.
🔶More importantly—— this round of airdrop is directly given by Binance. As long as you are a long-term holder of $BNB , you can participate. 0 operation, 0 risk, automatic snapshot, automatic reward distribution. Airdrop amount: 6.5 million tokens, accounting for about 0.65% of the total tokens. Circulation online: 338 million tokens, the time is October 3 at 11 PM (UTC+8).
Don't underestimate this wave. This is actually the true charm of Binance HODLer—— long-term holding of BNB is not just about holding exchange tokens, but about holding the "preemptive rights" of the entire Binance ecosystem.
In the past few years, BNB holders have benefited from Layer2, RWA, AI, and have continuously profited from DeFi. Now connecting with Morpho again, it's hard not to wonder, if every new story in the industry has to start from Binance. Quickly quietly hold onto BNB and enjoy the wealth dividends distributed by the official!
【A Brother's Rise and Fall in the Crypto World: The True Story from Debt to the Downfall in Business K】 I want to share a true experience of a friend around me. It's a bit heart-wrenching, but it's worth pondering for everyone who is navigating the crypto world.
A few years ago, my friend was still burdened with hundreds of thousands in debt. Later, gritting his teeth, he entered the crypto world, focusing on short-term high-frequency contracts. I have to say, he was really tough back then, watching the market, staying up late, researching strategies. After a series of operations, not only did he pay off all his debts, but he also saved up a small amount of money.
It was supposed to be an inspiring script, but unfortunately, the plot took a turn.
At a drinking party, he met a so-called "good brother." This person took him to Business K once, and he fell for it. The flashy lights, brotherly camaraderie, and ladies accompanying you for drinks and chats can easily make one lose their head.
After that, he began his "life-saving" mode: throwing money around to help those girls who claimed to have “loving dads who gamble, sick moms, school-going younger brothers, and broken-hearted girls.” Do you think he was foolish? Perhaps he just wanted to be recognized too much and enjoyed that feeling of being depended upon.
His savings gradually dwindled, but he didn’t stop; instead, he started taking out online loans to continue his “support.” The most classic moment was when he once said: “Before going to Business K, you must not eat instant noodles, otherwise, if you throw up, instant noodles will come out, and I’m afraid those girls will feel guilty looking at it.”
Hearing this made me both angry and amused. What is going on here...
Now that I think about it, it really proves that saying: let go of the savior complex and respect others' destinies. It’s not that you are indifferent, but sometimes this world is truly more complicated than you imagine. When you really need money, looking back, there are very few who are willing to lend a hand.
In the end, the only ones you can rely on are often your parents and those frighteningly high-interest online loans.
The crypto world has given many people a chance to turn their lives around, but it has also magnified human nature and desire. Earning money is not easy; protecting it is even harder. I hope everyone can take it as a warning, stay clear-headed, and don’t let impulse and hypocritical friendships empty your wallet.
Hold on to your $BTC $BNB and don’t casually chase after rising and falling altcoins!
❤️ Do you have similar stories around you? Feel free to share. #BNB创新高
From 7 million in debt to making 3.1 million in 20 days, he said: "I don't seek great wealth, just doubling it would bring relief." He often self-deprecatingly calls himself a "gambling dog." In the two years of being 7 million in debt, he was neither human nor ghost, dragging down his parents, sister, girlfriend, and friends. Twenty days ago, he had only 10,000 yuan left in his account. He made a bold move, first turning 10,000 into 100,000 on a certain platform, then switched to another. Twenty days later, he achieved 3.1 million. He is still 3 million away from breaking even.
His story is heartbreaking, but what truly makes him regret and switch platforms is the lack of cash back on transaction fees over the past four years on that certain platform. The fees totaled over 1 million, with no cash back at all. After switching, he discovered how significant the difference was—within 20 days, the cash back rate was 33%, totaling 3,657 USD (≈26,000 RMB). Calculating the total fees retroactively: 11,081 USDT.
He had no cash back on that certain platform for 4 years: 3,657 × 4 × 12 ≈ 1.25 million RMB, almost completely wasted.
💡 If you are a high-frequency trader, transaction fees can eat away tens of thousands of dollars in profit each year! For example—100 US dollars as margin opening 100 times leverage, fees = 100 × 100 × 0.05% = 5 US dollars, opening 5 US dollars, closing 5 US dollars, one trade totals 10 US dollars. Transaction fees account for about 10% of your trading return.
✅ It is recommended that everyone check how much transaction fees they pay each month: Binance: 【Funds】→【Contracts】→【Today's Profit and Loss】→【Funding Fees and Trading Fees】 Certain platform: 【Assets】→【Bill】→【Trading Bill】 You might be shocked to find that more than half of your monthly profits are consumed by transaction fees.
For high-frequency traders, saving 30,000 US dollars a year is not a dream. Stop wasting money; in fact, besides using the code $BNB to deduct fees, you can also use the exclusive invitation code VIPVIP for 20% off transaction fees! Especially for those who are still engaged in high-frequency contracts long-term!
Do you have this kind of 'good brother' around you? I asked him to go long on ETH with me, but he absolutely refused. As soon as a big bullish candle went up, he immediately went short, and now he's regretting it 🤦♂️
The most critical thing is—after he rejected me, I actually forgot to invite the group friends to get on board...
Currently, ETH faces significant resistance around 4980. About a month ago, a large holder placed a lot of short orders at 5000. The short-term resistance level is very clear; will we see ETH go above 5100 later?
Recently, there has been a lot of discussion about KOLs earning 600,000 US dollars a month in the realm of Versailles literature. The reality is that even earning 6,000 US dollars is difficult!
Could it be that the combined income of dozens of KOLs can match the monthly transaction fee income of a small exchange?
Wake up! Those who can earn 600,000 US dollars a month are either top 0.1% KOLs or just preparing to scam you:
The market is cold, and advertising fees have plummeted: recently, project budgets have been cut in half, and the number of orders received by KOLs has sharply decreased. Earning 6,000 US dollars is considered good; 600,000 US dollars? That's just a dream.
Real income source: Most KOLs rely on promotion fees from exchanges/projects. When the market is bad, these sponsors themselves find it hard to maintain, so where would they get so much budget?
To talk more realistically about this topic:
Transaction fees are the main source of income for exchanges. Why do the three major exchanges have a rebate ratio of no more than 50%, while small exchanges dare to offer 90%, 95%, or even 100%?
The answer is simple: The three major exchanges rely on transaction fees to survive, while small exchanges survive on your losses.
Top exchanges like Binance, OKEx, and Bybit have transaction fees as their core revenue and lifeline.
Large exchanges have high operating costs (global compliance, security systems, customer service teams). Although their income is diversified (listing fees, withdrawal fees, staking, margin interest), they have a large user base, and a 50% cashback combined with a well-established system and transparent data is enough to attract users, and the profits can cover high expenses.
But why do those small exchanges that offer you 90%, 95% dare to give so much?
Because they don’t expect you to withdraw your money alive. The rebates are just bait; the real money comes from your principal liquidation, transaction slippage, and backend risk control black technology. You only see them giving you money but don’t realize that you are their 'product'.
Conclusion: View KOLs flaunting their wealth as a joke. Those who can truly earn 600,000 US dollars a month have already made their fortunes quietly and won’t flaunt their income every day. Over 80%+ ≈ high risk, be cautious with small exchanges. #BNB创新高
Received Binance's 8th anniversary gift box, feeling grateful! Wishing Binance 'eight' directions of wealth, prosperity forever! As a loyal user, I can only say: I love Binance @binancezh , Binance makes me prosperous.
As soon as I opened the gift box, my mom saw the familiar logo and asked, 'Why does Binance keep sending you things? Why not just give you cash directly?' I smiled and said, 'Binance has accompanied me for a full 4.7 years, long ago becoming an inseparable part of my life, it’s no longer just about money—it's faith, it's a sense of ritual, it's the romance unique to the crypto generation.'
In the 70s housing market, the internet in 97, and now the crypto world, there are really not many opportunities left for contemporary young people.
Cryptocurrency is the only field that allows ordinary people to succeed without relying on ability, relationships, or background. The houses that those born in the 70s and 80s traded, we have taken over, so we, the 90s and 00s generation, should pump up the coins and let the grandchildren of those born in the 70s and 80s take some power.
In these 8 years, Binance has gone from being unknown to becoming the world's number one exchange, relying not on luck, but on the comprehensive cooperation of technology, operations, and strategic determination. In summary: using internet thinking to do finance, using blockchain logic to build ecosystems.
Of course, the real challenge now is how to ensure global compliance without losing innovation. But so far, Binance remains the most 'infrastructure-like' entity in the entire crypto industry.
Thanks again for the 8th anniversary gift @cz_binance @heyibinance @sisibinance
Let's hold steady with $BNB and look forward to the next 8 years, walking further together! #币安八周年