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#CFTCCryptoSprint What happened with the CFTC & Binance? In March 2023, the Commodity Futures Trading Commission (CFTC) sued Binance, its founder Changpeng Zhao (CZ), and former compliance officer Samuel Lim. The complaint alleged willful evasion of U.S. law and that Binance operated an unregistered derivatives platform while ignoring compliance and urging U.S. customers to bypass controls . In December 2023, a U.S. federal court approved a $2.7 billion settlement: Binance paid $2.7 billion, and CZ personally paid $150 million .
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#CreatorPad What You Might Be Referring To: 1. CreatorPad (as a Launchpad/Launchpool project on Binance): If you mean “CreatorPad” as a crypto project launched via Binance Launchpad or Binance Smart Chain (BSC), it might be: A Web3 platform for creators (like artists or NFT developers). A tokenized platform that uses BNB or other tokens for fundraising (IDO/ICO/IEO). Hosted on Binance or just built on BSC (Binance Smart Chain). 2. You’re a content creator wanting to use Binance (#CreatorPad as a tag): If you're a content creator or influencer using Binance and tagging with #CreatorPad, you might be: Sharing tutorials or earning from Binance affiliate programs.
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#CreatorPad What You Might Be Referring To: 1. CreatorPad (as a Launchpad/Launchpool project on Binance): If you mean “CreatorPad” as a crypto project launched via Binance Launchpad or Binance Smart Chain (BSC), it might be: A Web3 platform for creators (like artists or NFT developers). A tokenized platform that uses BNB or other tokens for fundraising (IDO/ICO/IEO). Hosted on Binance or just built on BSC (Binance Smart Chain). 2. You’re a content creator wanting to use Binance (#CreatorPad as a tag): If you're a content creator or influencer using Binance and tagging with #FedGovernorVacancy CreatorPad, you might be: Sharing tutorials or earning from Binance affiliate programs.
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Trading shares or cryptocurrencies on Binance involves a series of steps that allow you to buy, sell, and manage assets. Binance itself is primarily a cryptocurrency exchange, not a traditional stock (share) trading platform. However, Binance offers access to tokenized versions of some stocks (called stock tokens) and advanced trading features. Here’s a breakdown of Binance trading operations: --- 🔹 1. Create and Verify Your Binance Account Sign up at binance.com. Complete KYC verification (identity verification) to access full trading features. --- 🔹 2. Deposit Funds Crypto deposit: Transfer crypto from another wallet or exchange. Fiat deposit: Add money via UPI, bank transfer, card, or other local methods depending on your region. --- 🔹 3. Choose a Market to Trade Go to the “Trade” section and select: Spot (for simple buy/sell) Margin (borrow funds for higher exposure) Futures (predict price movements with leverage) Options (advanced betting on price moves) Stock tokens (not always available or legal in all countries) > For beginners, start with Spot Trading. --- 🔹 4. How to Place a Trade Go to Trade > Spot, then: 🔸 Buy Crypto (e.g., BTC/USDT): Choose the trading pair. Select order type: Market Order (executes immediately at best price) Limit Order (you choose the price) Stop-Limit/Stop-Market (for automated entries/exits) Enter amount and confirm. 🔸 Sell Crypto: Same method in reverse. --- 🔹 5. Track and Manage Portfolio Go to Wallet > Overview to view balances. Use “Trade History” and “Order History” to analyze past trades. --- 🔹 6. Withdraw Funds Withdraw to a bank (if fiat is supported). Or transfer crypto to another wallet/exchange. --- ⚠️ Tips for Beginners: Start small; avoid leverage until experienced. Use stop-loss orders to limit risk. Use Binance Learn or tutorials for training. Avoid trading based on hype—do research (DYOR).
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