day6learning

Learner Post – Binance (Post 6)

Today’s Learning: What Are USDT, BTC, and Altcoins?

Today I focused on understanding the different types of cryptocurrencies on Binance.

Here’s what I learned:

🔹 USDT (Tether)
• A stablecoin
• Its value stays around $1
• Traders use USDT to buy other coins easily
• It’s the safest place to park money during market dips

🔹 BTC (Bitcoin)
• The first and biggest cryptocurrency
• Moves slowly but strongly
• Many traders use BTC to judge the whole market trend
• When BTC goes up, many coins also follow

🔹 Altcoins (All other coins besides Bitcoin)
• Examples: ETH, BNB, SOL, XRP, etc.
• They move faster—can give big profit but also bigger risk
• Beginners should start with strong coins, not random low-quality ones

🔹 Key Tip I learned:
• Stablecoins = safety
• Bitcoin = long-term strength
• Altcoins = higher risk, higher reward

Every day I’m understanding the crypto world a bit more clearly! 😊

#BinanceLearner #CryptoBeginner #Day6Learning