Binance Square

busd

84,628 views
343 Discussing
Queen of Crypto Currency
·
--
·
--
Bullish
$USDT TYPES of stable coin in#BİNANCE $USDT (Tether): The most liquid and widely used stablecoin in the exchange for trading pairs. $USDC (USD Coin): A popular stablecoin backed by regulated assets, available in trading pairs. #BUSD (Binance USD): Binance's native stablecoin, although its supply has recently been limited. #FUSD (First Digital USD): Another frequently used backed stablecoin often utilized in commission-free trading promotions. {spot}(USDCUSDT) {future}(ETHUSDT) {spot}(BFUSDUSDT) #BUSD has reduced its circulation and relevance compared to #USDT
$USDT TYPES of stable coin in#BİNANCE

$USDT (Tether): The most liquid and widely used stablecoin in the exchange for trading pairs.

$USDC (USD Coin): A popular stablecoin backed by regulated assets, available in trading pairs.

#BUSD (Binance USD): Binance's native stablecoin, although its supply has recently been limited.

#FUSD (First Digital USD): Another frequently used backed stablecoin often utilized in commission-free trading promotions.
#BUSD has reduced its circulation and relevance compared to #USDT
$BUSD is looking a bit shaky today... 📉🤔 Anyone else seeing this setup? #BUSD entry 0.24 Tp.0.22
$BUSD is looking a bit shaky today... 📉🤔 Anyone else seeing this setup? #BUSD entry 0.24
Tp.0.22
S
BUSDT
Closed
PNL
+5.38%
Daily Free Earn:
👉BP586HSC6Z👈 $10 USDT Red Packet Code Claim Fast 🤑
·
--
#SCRTUSDT #BUSD Still have 170 u for two identical TP orders 😄 delete the app at the end of the month and download it again 😆
#SCRTUSDT #BUSD
Still have 170 u for two identical TP orders 😄
delete the app at the end of the month and download it again 😆
Sourced by user sharing on Binance
Recent Trades
4 trades
SCRTUSDT
·
--
Bullish
$BUSD Perpetual: Volatility Spike or Final Warning? ⚠️ ​$BUSD is showing wild moves today, pumping +21% on the 4H chart! 📈 While it looks like a breakout, remember: BUSD is in a wind-down phase. ​🔹 The Pump: Price hit 0.2303 on high volume—likely a liquidity squeeze. 🔹 The Reality: With delistings approaching, liquidity is thin. Spikes can be followed by sharp crashes. 🔹 Strategy: High risk! Avoid chasing the FOMO on a stablecoin that's losing its peg and support. ​Stay safe and watch the delisting announcements! 🛡️ ​#BUSD #CryptoTrading
$BUSD Perpetual: Volatility Spike or Final Warning? ⚠️
​$BUSD is showing wild moves today, pumping +21% on the 4H chart! 📈 While it looks like a breakout, remember: BUSD is in a wind-down phase.
​🔹 The Pump: Price hit 0.2303 on high volume—likely a liquidity squeeze.
🔹 The Reality: With delistings approaching, liquidity is thin. Spikes can be followed by sharp crashes.
🔹 Strategy: High risk! Avoid chasing the FOMO on a stablecoin that's losing its peg and support.
​Stay safe and watch the delisting announcements! 🛡️
#BUSD #CryptoTrading
·
--
Bullish
$B : UNSTOPPABLE PARABOLIC MOVE! $B is officially mooning! +20% surge confirmed with a massive explosion in Open Interest. The whales are buying hard and the breakout is huge. Don't wait for the FOMO—ride the wave NOW! TARGETS: $0.250 | $0.285 | $0.320+ STRATEGY: 100% Bullish Breakout. High momentum trade! Trade $B on Binance NOW! 👇👇👇 {future}(BUSDT) #BinanceSquare #BUSD #bullish #TradeAlert #tothemoon
$B : UNSTOPPABLE PARABOLIC MOVE!
$B is officially mooning! +20% surge confirmed with a massive explosion in Open Interest. The whales are buying hard and the breakout is huge. Don't wait for the FOMO—ride the wave NOW!
TARGETS: $0.250 | $0.285 | $0.320+
STRATEGY: 100% Bullish Breakout. High momentum trade!
Trade $B on Binance NOW! 👇👇👇

#BinanceSquare #BUSD #bullish #TradeAlert #tothemoon
·
--
Bearish
📉 $B Rejection Zone — Bearish Momentum Building Trade Setup: SHORT $B Price is struggling near local resistance, and momentum appears to be fading as sellers begin stepping back into the market. This structure suggests a potential downside move if rejection continues. Entry: 0.216 – 0.222 Stop Loss: 0.232 Targets: TP1: 0.200 TP2: 0.182 TP3: 0.160 As long as price remains capped below resistance, the setup favors a gradual move toward lower support zones. Trade here 👇🏻 {future}(BUSDT) #busd #bearishmomentum #BTCReclaims70k #MetaPlansLayoffs #AaveSwapIncident
📉 $B Rejection Zone — Bearish Momentum Building

Trade Setup: SHORT $B

Price is struggling near local resistance, and momentum appears to be fading as sellers begin stepping back into the market. This structure suggests a potential downside move if rejection continues.

Entry: 0.216 – 0.222
Stop Loss: 0.232

Targets:
TP1: 0.200
TP2: 0.182
TP3: 0.160

As long as price remains capped below resistance, the setup favors a gradual move toward lower support zones.

Trade here 👇🏻
#busd #bearishmomentum #BTCReclaims70k #MetaPlansLayoffs #AaveSwapIncident
#Paxos Circle and Paxos Pioneer Advanced Stablecoin Issuance Verification Technology Stablecoin issuers Circle and Paxos are collaborating with fintech startup Bluprynt, founded by Georgetown Law Professor Chris Brummer, to test an innovative verification technology for stablecoin issuance, as reported by BlockBeats. This initiative aims to enhance the transparency and integrity of digital asset holdings by leveraging advanced cryptography and blockchain technology. The new system focuses on providing robust issuer verification during the minting process, ensuring that stablecoins can be traced back to verified issuers. This development strengthens trust in the stablecoin ecosystem, promoting greater accountability and traceability for users and regulators alike. By integrating cutting-edge technology, Circle and Paxos are setting a new standard for secure and transparent stablecoin issuance. #BUSD $BUSD
#Paxos

Circle and Paxos Pioneer Advanced Stablecoin Issuance Verification Technology

Stablecoin issuers Circle and Paxos are collaborating with fintech startup Bluprynt, founded by Georgetown Law Professor Chris Brummer, to test an innovative verification technology for stablecoin issuance, as reported by BlockBeats. This initiative aims to enhance the transparency and integrity of digital asset holdings by leveraging advanced cryptography and blockchain technology.

The new system focuses on providing robust issuer verification during the minting process, ensuring that stablecoins can be traced back to verified issuers. This development strengthens trust in the stablecoin ecosystem, promoting greater accountability and traceability for users and regulators alike. By integrating cutting-edge technology, Circle and Paxos are setting a new standard for secure and transparent stablecoin issuance.

#BUSD $BUSD
Coinbase and Gemini will participate in the Celsius asset auctionTwo new consortiums, Fahrenheit and the Blockchain Recovery Investment Committee, will participate in the Celsius Network asset auction on April 25 in New York. Fahrenheit includes Arrington Capital, Coinbase, Proof Group Capital Management, former Algorand CEO Stephen Kokinos and investment banker Ravi Kaza. The Blockchain Recovery Investment Committee includes Gemini, VanEck, mining company Global X Digital and Plutus Lending. The two consortiums are now vying for assets with first bidder NovaWulf Digital Management. NovaWulf is offering a cash contribution of between $45 million and $55 million, as well as the creation of a new public platform where customers can get back up to 70% of their funds.

Coinbase and Gemini will participate in the Celsius asset auction

Two new consortiums, Fahrenheit and the Blockchain Recovery Investment Committee, will participate in the Celsius Network asset auction on April 25 in New York. Fahrenheit includes Arrington Capital, Coinbase, Proof Group Capital Management, former Algorand CEO Stephen Kokinos and investment banker Ravi Kaza. The Blockchain Recovery Investment Committee includes Gemini, VanEck, mining company Global X Digital and Plutus Lending. The two consortiums are now vying for assets with first bidder NovaWulf Digital Management. NovaWulf is offering a cash contribution of between $45 million and $55 million, as well as the creation of a new public platform where customers can get back up to 70% of their funds.
The founder of Cardano was criticized for using a private jet.Cardano (ADA) founder Charles Hoskinson has come under fire for frequently flying his own private jet. Users of the social network Twitter assured that the entrepreneur makes more than 350 flights in 1 year. Consequently, he burns more fuel than celebrities like Ken Griffin, Mark Zuckerberg, Mark Cuban and Jay-Z. The businessman was accused of environmental pollution. However, Hoskinson quickly responded to the criticism, pointing out that the figures were not entirely accurate. In its response, the developer explained that there is not much difference between using a private jet and charter flights. In addition, he tried to understand who and why was behind the criticism against him. The entrepreneur himself noted that he is trying to find a way to make private flights more profitable. The Cardano developer also noted that he is very surprised by the fact that people like to pry into other people’s private lives and talk about who spends their money and how. He added: Many people do not worry about recycling the waste they generate and use personal cars to travel to work and leisure. According to him, it is precisely these people who criticize him more than others. However, some users continued to express their outrage towards the developer. They criticized Hoskinson, suggesting that his spending on private flights was unnecessary given Cardano's (ADA) poor market performance. Users assured: the platform lags far behind its key competitors and will soon lose its place in the top 10 among the best cryptocurrencies in terms of maximum market capitalization. According to experts, their words were confirmed by the fact that the ADA rate has been in a local downward trend for more than 2 months, having lost about 20% of its value. As of 12:15 Moscow time on May 9, 2023, Cardano quotes were fixed at $0.363. They lost 0.94% over the past 24 hours. ADA's market capitalization was $12.65 billion.

The founder of Cardano was criticized for using a private jet.

Cardano (ADA) founder Charles Hoskinson has come under fire for frequently flying his own private jet. Users of the social network Twitter assured that the entrepreneur makes more than 350 flights in 1 year. Consequently, he burns more fuel than celebrities like Ken Griffin, Mark Zuckerberg, Mark Cuban and Jay-Z. The businessman was accused of environmental pollution. However, Hoskinson quickly responded to the criticism, pointing out that the figures were not entirely accurate. In its response, the developer explained that there is not much difference between using a private jet and charter flights. In addition, he tried to understand who and why was behind the criticism against him. The entrepreneur himself noted that he is trying to find a way to make private flights more profitable. The Cardano developer also noted that he is very surprised by the fact that people like to pry into other people’s private lives and talk about who spends their money and how. He added: Many people do not worry about recycling the waste they generate and use personal cars to travel to work and leisure. According to him, it is precisely these people who criticize him more than others. However, some users continued to express their outrage towards the developer. They criticized Hoskinson, suggesting that his spending on private flights was unnecessary given Cardano's (ADA) poor market performance. Users assured: the platform lags far behind its key competitors and will soon lose its place in the top 10 among the best cryptocurrencies in terms of maximum market capitalization. According to experts, their words were confirmed by the fact that the ADA rate has been in a local downward trend for more than 2 months, having lost about 20% of its value. As of 12:15 Moscow time on May 9, 2023, Cardano quotes were fixed at $0.363. They lost 0.94% over the past 24 hours. ADA's market capitalization was $12.65 billion.
#BinanceEarnYieldArena #BinanceEarnYieldArena Most people enter the crypto market looking for "quick profits", but there are smarter people who play the long-term returns game. The Binance Earn platform has opened a golden opportunity for those who think correctly, you put your coins and let them work for you. For example, I entered with $BUSD and $ETH ETH in Staking with excellent returns, and every day you get passive income without a headache. The important thing is to know how to distribute and calculate your risk. Not every Yield is an opportunity, some are traps. What is your experience with Earn? Do you consider it a smart investment or just lending? #BinanceEarnYieldArena #PassiveIncome #ETH #BUSD
#BinanceEarnYieldArena
#BinanceEarnYieldArena
Most people enter the crypto market looking for "quick profits", but there are smarter people who play the long-term returns game.
The Binance Earn platform has opened a golden opportunity for those who think correctly, you put your coins and let them work for you.
For example, I entered with $BUSD and $ETH ETH in Staking with excellent returns, and every day you get passive income without a headache.
The important thing is to know how to distribute and calculate your risk. Not every Yield is an opportunity, some are traps.
What is your experience with Earn? Do you consider it a smart investment or just lending?
#BinanceEarnYieldArena #PassiveIncome #ETH #BUSD
The increase in the supply of stablecoins indicates that the rise of cryptocurrencies is not over yet: IntoTheBlock indicated on Friday that the total supply of stablecoins has risen to $219 billion, demonstrating continued growth in the cryptocurrency market and that it has not peaked yet. According to historical data, the supply of stablecoins often peaks during market recoveries, with the previous peak recorded at $187 billion in April 2022 before the decline began. With the current supply exceeding its previous level and continuing to rise, it appears that the market is still in a growth phase. After falling below $77,000 this week, the price of Bitcoin rebounded, surpassing $85,000 on Friday morning, according to TradingView data. Currently, it is trading above $84,000, recording a 1% increase over 24 hours. This rise coincides with an increase in the market capitalization of major stablecoins, such as USDT, USDC, BUSD, and DAI, which rose from about $204 billion to over $205 billion between March 10 and 14, according to Glassnode data. Stablecoins play a key role in linking fiat currencies to crypto markets, as they are used in most trading pairs and enhance market liquidity. #IntoTheBlock #Glassnode #dai #BUSD #usd $DASH {future}(DASHUSDT) $USDC {spot}(USDCUSDT)
The increase in the supply of stablecoins indicates that the rise of cryptocurrencies is not over yet:
IntoTheBlock indicated on Friday that the total supply of stablecoins has risen to $219 billion, demonstrating continued growth in the cryptocurrency market and that it has not peaked yet.

According to historical data, the supply of stablecoins often peaks during market recoveries, with the previous peak recorded at $187 billion in April 2022 before the decline began.

With the current supply exceeding its previous level and continuing to rise, it appears that the market is still in a growth phase.

After falling below $77,000 this week, the price of Bitcoin rebounded, surpassing $85,000 on Friday morning, according to TradingView data.

Currently, it is trading above $84,000, recording a 1% increase over 24 hours.

This rise coincides with an increase in the market capitalization of major stablecoins, such as USDT, USDC, BUSD, and DAI, which rose from about $204 billion to over $205 billion between March 10 and 14, according to Glassnode data.

Stablecoins play a key role in linking fiat currencies to crypto markets, as they are used in most trading pairs and enhance market liquidity.

#IntoTheBlock
#Glassnode
#dai #BUSD #usd
$DASH
$USDC
How I Make $20 $25 a Day on Binance Without Spending a Single DollarMost people think you need a huge starting investment to earn from crypto. But here’s the truth you can build a steady $20–$25 daily income on #Binance without putting in any of your own money if you know where to look. I’ve been doing this for months, and while it’s not an overnight get-rich trick, it’s consistent, realistic, and surprisingly simple. Let’s break it down step-by-step. 1. P2P Arbitrage – Buy Low, Sell High Binance’s Peer-to-Peer (P2P) market lets you buy crypto directly from other users often at better rates than the market price. Here’s what I do: Scan the market for sellers offering #USDT , #BUSD , or BTC at slightly lower than the average rate. Buy, then sell at a slightly higher price to other users. Even a $0.02–$0.05 difference per unit adds up fast when repeated. > Pro Tip: Always trade with verified sellers and check their completion rates to avoid delays. 2. Learn & Earn – Free Crypto for Learning Binance regularly launches Learn & Earn campaigns where you: Watch short educational videos. Take a quick quiz. Earn free tokens instantly. It’s perfect for beginners no prior knowledge required—and takes only a few minutes. Plus, the coins you earn can later be staked to grow further. 3. Airdrops & Promotions – Free Crypto Opportunities From new token launches to seasonal challenges, Binance’s Rewards Center is full of giveaways. I make it a habit to check daily because these offers often expire within hours. > Pro Tip: Turn on Binance push notifications so you’re first to know when a new airdrop drops. 4. Referral Program – Build Passive Income I share my Binance referral link with friends and followers. When they start trading, I get a small commission. It’s small at first, but as more people join, it becomes passive income that stacks daily—even when I’m not actively trading. 5. Staking & Savings – Earn While You Sleep Every token I earn (from airdrops, quizzes, or P2P trades) goes straight into Binance Staking or Flexible Savings. This means my crypto balance grows automatically with interest, without me having to lift a finger. 6. Freelancing for Crypto Payments If you’ve got skills writing, design, coding, or even social media management you can work with clients who pay directly in USDT, BNB, or BTC. You can find crypto-paying gigs on platforms like: Freelancer.com (crypto section) Cryptojobslist Fiverr (some clients pay in crypto privately > Pro Tip: Always use escrow or trusted platforms for crypto payments to avoid scams. Extra Tip: Stack Small Wins Individually, each method might only make you $3–$10 a day. But combine them, and you’re easily hitting $20–$25 daily without risking your own capital. The secret is staying consistent and active on the platform. Final Words Earning from Binance without investment isn’t magic it’s about knowing the opportunities and grabbing them before they disappear. Whether it’s P2P arbitrage, free learning rewards, or staking your freebies, small steps lead to steady daily income. The best part? You’re not just making extra money you’re also learning crypto skil ls that can open doors to bigger opportunities down the road. #BinanceEarn #CryptoHustle #Top1binancesquarecreator

How I Make $20 $25 a Day on Binance Without Spending a Single Dollar

Most people think you need a huge starting investment to earn from crypto.
But here’s the truth you can build a steady $20–$25 daily income on #Binance without putting in any of your own money if you know where to look.
I’ve been doing this for months, and while it’s not an overnight get-rich trick, it’s consistent, realistic, and surprisingly simple. Let’s break it down step-by-step.
1. P2P Arbitrage – Buy Low, Sell High
Binance’s Peer-to-Peer (P2P) market lets you buy crypto directly from other users often at better rates than the market price.
Here’s what I do:
Scan the market for sellers offering #USDT , #BUSD , or BTC at slightly lower than the average rate.
Buy, then sell at a slightly higher price to other users.
Even a $0.02–$0.05 difference per unit adds up fast when repeated.
> Pro Tip: Always trade with verified sellers and check their completion rates to avoid delays.
2. Learn & Earn – Free Crypto for Learning
Binance regularly launches Learn & Earn campaigns where you:
Watch short educational videos.
Take a quick quiz.
Earn free tokens instantly.
It’s perfect for beginners no prior knowledge required—and takes only a few minutes. Plus, the coins you earn can later be staked to grow further.
3. Airdrops & Promotions – Free Crypto Opportunities
From new token launches to seasonal challenges, Binance’s Rewards Center is full of giveaways.
I make it a habit to check daily because these offers often expire within hours.
> Pro Tip: Turn on Binance push notifications so you’re first to know when a new airdrop drops.
4. Referral Program – Build Passive Income
I share my Binance referral link with friends and followers.
When they start trading, I get a small commission.
It’s small at first, but as more people join, it becomes passive income that stacks daily—even when I’m not actively trading.
5. Staking & Savings – Earn While You Sleep
Every token I earn (from airdrops, quizzes, or P2P trades) goes straight into Binance Staking or Flexible Savings.
This means my crypto balance grows automatically with interest, without me having to lift a finger.
6. Freelancing for Crypto Payments
If you’ve got skills writing, design, coding, or even social media management you can work with clients who pay directly in USDT, BNB, or BTC.
You can find crypto-paying gigs on platforms like:
Freelancer.com (crypto section)
Cryptojobslist
Fiverr (some clients pay in crypto privately
> Pro Tip: Always use escrow or trusted platforms for crypto payments to avoid scams.
Extra Tip: Stack Small Wins
Individually, each method might only make you $3–$10 a day.
But combine them, and you’re easily hitting $20–$25 daily without risking your own capital. The secret is staying consistent and active on the platform.
Final Words
Earning from Binance without investment isn’t magic it’s about knowing the opportunities and grabbing them before they disappear.
Whether it’s P2P arbitrage, free learning rewards, or staking your freebies, small steps lead to steady daily income.
The best part?
You’re not just making extra money you’re also learning crypto skil
ls that can open doors to bigger opportunities down the road.
#BinanceEarn #CryptoHustle #Top1binancesquarecreator
**💡 Earn $10 on Binance Easily & Risk-Free! 🚀** Looking to make $10 with minimal risk? Here are some smart strategies you can start today: 1️⃣ **Binance Earn - Flexible Savings** - Deposit your crypto into Flexible Savings and earn daily interest. - Perfect for earning passive income with stablecoins like #USDT or #BUSD . 2️⃣ **Staking Rewards** - Stake popular tokens or stablecoins to earn consistent returns. - Look for low lock-up periods and high #APY opportunities! 3️⃣ **Spot Trading - Low Risk** - Trade stablecoin pairs like **#BUSD /#USDT ** and profit from small price changes. - Great for quick, low-risk scalping gains. 4️⃣ **Referral Program** - Invite friends to Binance and earn commissions from their trading fees. - Easy money while helping others join the crypto journey! 5️⃣ **Learn and Earn** - Complete Binance’s educational quizzes and earn free crypto rewards. - Learn while you earn — a win-win! 6️⃣ **Launchpool Opportunities** - Stake tokens in Launchpool to earn newly launched tokens. - No risk of losing funds, and you can unlock extra rewards! 📈 Start exploring these options and grow your earnings step by step. 💬 **Which strategy will you try first? Comment below and let’s discuss!**
**💡 Earn $10 on Binance Easily & Risk-Free! 🚀**

Looking to make $10 with minimal risk? Here are some smart strategies you can start today:

1️⃣ **Binance Earn - Flexible Savings**
- Deposit your crypto into Flexible Savings and earn daily interest.
- Perfect for earning passive income with stablecoins like #USDT or #BUSD .

2️⃣ **Staking Rewards**
- Stake popular tokens or stablecoins to earn consistent returns.
- Look for low lock-up periods and high #APY opportunities!

3️⃣ **Spot Trading - Low Risk**
- Trade stablecoin pairs like **#BUSD /#USDT ** and profit from small price changes.
- Great for quick, low-risk scalping gains.

4️⃣ **Referral Program**
- Invite friends to Binance and earn commissions from their trading fees.
- Easy money while helping others join the crypto journey!

5️⃣ **Learn and Earn**
- Complete Binance’s educational quizzes and earn free crypto rewards.
- Learn while you earn — a win-win!

6️⃣ **Launchpool Opportunities**
- Stake tokens in Launchpool to earn newly launched tokens.
- No risk of losing funds, and you can unlock extra rewards!

📈 Start exploring these options and grow your earnings step by step.
💬 **Which strategy will you try first? Comment below and let’s discuss!**
🚨 Circle and Paxos are advancing sophisticated stablecoin issuance verification technology 🐼Stablecoin issuers Circle and Paxos are collaborating with fintech startup Bluprynt, launched by Georgetown Law Professor Chris Brummer, to test a new verification technology. According to a report by BlockBeats, the main goal of this initiative is to enhance transparency and integrity in digital asset holding, made possible through the use of blockchain and advanced cryptography.

🚨 Circle and Paxos are advancing sophisticated stablecoin issuance verification technology 🐼

Stablecoin issuers Circle and Paxos are collaborating with fintech startup Bluprynt, launched by Georgetown Law Professor Chris Brummer, to test a new verification technology. According to a report by BlockBeats, the main goal of this initiative is to enhance transparency and integrity in digital asset holding, made possible through the use of blockchain and advanced cryptography.
Binance How to invest it in the correct and permissible way in Islam To invest a small amount such as $7 in the Binance platform in a correct way that is in accordance with Islamic law, and in compliance with Sharia controls. Here are some tips: 1. Avoid leveraged trading Leverage trading has legal doubts due to the interest and debt involved Invest only with what you own without borrowing 2. Choose halal cryptocurrencies Make sure that the cryptocurrency you want to invest in is used in projects that have a legitimate interest and is not related to forbidden practices (such as gambling or usury) Currencies that are often considered legitimate include: Bitcoin ($BTC ), Ethereum ($ETH ), but always check the legitimacy of the currency carefully 3. Use only a Spot account A Spot account means that you buy the currency and own it entirely, which is the closest to legitimacy in trading 4. Trade with small amounts and monitor fees With small capital, fees can greatly affect profits, so choose currencies with low trading fees 5. Invest in stablecoins You can invest in stablecoins such as #USDT Or #BUSD and keep your money as a temporary reserve until a suitable trading opportunity arises 6. Learning and monitoring Do not rush into investing. Spend time learning about trading and avoid random speculation 7. First and last, you should seek guidance from God before starting any investment.
Binance How to invest it in the correct and permissible way in Islam To invest a small amount such as $7 in the Binance platform in a correct way that is in accordance with Islamic law, and in compliance with Sharia controls. Here are some tips:
1. Avoid leveraged trading
Leverage trading has legal doubts due to the interest and debt involved
Invest only with what you own without borrowing
2. Choose halal cryptocurrencies
Make sure that the cryptocurrency you want to invest in is used in projects that have a legitimate interest and is not related to forbidden practices (such as gambling or usury)
Currencies that are often considered legitimate include: Bitcoin ($BTC ), Ethereum ($ETH ), but always check the legitimacy of the currency carefully
3. Use only a Spot account
A Spot account means that you buy the currency and own it entirely, which is the closest to legitimacy in trading
4. Trade with small amounts and monitor fees
With small capital, fees can greatly affect profits, so choose currencies with low trading fees
5. Invest in stablecoins
You can invest in stablecoins such as #USDT Or #BUSD and keep your money as a temporary reserve until a suitable trading opportunity arises
6. Learning and monitoring
Do not rush into investing. Spend time learning about trading and avoid random speculation
7. First and last, you should seek guidance from God before starting any investment.
🚨🚨 Binance Margin and Binance Futures will be delisting BUSD in accordance with the following timelines. ‼️ •At 2023-12-01 06:00 (UTC), Binance Margin will suspend BUSD/USDT isolated margin borrowing. •At 2023-12-11 09:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement and cancel all pending orders on the BUSD/USDT and TUSD/BUSD cross margin pairs, as well as the BUSD/USDT isolated margin pair. If users have any outstanding Cross Margin or Isolated Margin loans, both the delisted assets and any other assets held in their Cross and Isolated Margin accounts may be sold to repay the outstanding liabilities. These pairs will then be removed from Cross Margin and Isolated Margin.  •Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2023-12-11 09:00 (UTC). Binance Margin will not be responsible for any potential losses.  •Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance before 2023-12-11 09:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet. •All BUSD balances in Cross Margin Wallets under the Portfolio Margin account will be automatically converted to USDT from 2023-12-11 09:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. #binance   #busd
🚨🚨 Binance Margin and Binance Futures will be delisting BUSD in accordance with the following timelines. ‼️

•At 2023-12-01 06:00 (UTC), Binance Margin will suspend BUSD/USDT isolated margin borrowing.

•At 2023-12-11 09:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement and cancel all pending orders on the BUSD/USDT and TUSD/BUSD cross margin pairs, as well as the BUSD/USDT isolated margin pair. If users have any outstanding Cross Margin or Isolated Margin loans, both the delisted assets and any other assets held in their Cross and Isolated Margin accounts may be sold to repay the outstanding liabilities. These pairs will then be removed from Cross Margin and Isolated Margin. 

•Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2023-12-11 09:00 (UTC). Binance Margin will not be responsible for any potential losses. 

•Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance before 2023-12-11 09:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet.

•All BUSD balances in Cross Margin Wallets under the Portfolio Margin account will be automatically converted to USDT from 2023-12-11 09:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds.

#binance   #busd
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number