How to spot and avoid scams in spot and P2P trading
Basic conclusions
Because user protection is a top priority for Binance, we have implemented complex and robust security measures across our ecosystem. But the first line of defense against fraud is still the user himself. When trading person to person, it is important to be aware of common scams so you can spot them.
Do not mark the transaction as complete until you have verified your account or cryptocurrency wallet and made sure you have received the funds you were supposed to from P2P trading.
Always record screenshots of all your transactions as proof of their completion. Feel free to report any suspicious behavior. You can read this through Binance instructions 💌
On the occasion of the amount of beautiful interaction, wait for a beautiful prize 🫡🖤
After I lost hope in trading in 2019, I became addicted to social media platforms, and every time I was childish or bored, I would go to Facebook, YouTube, Snap or Tiktok involuntarily, and you would find me flipping through videos without any benefit and a waste of time...etc. But after discovering #binance- and the features that tell you, “Earn, Earn, Earn,” the addiction changed, and I involuntarily threw myself on the platform and watched the most beautiful news and details, watched the chart, invested, and scrutinized everything ❤️ 😂
🚀 Historic collaboration ignites a revolution in Tokenization (Tokenization) and Real World Assets (RWA)!
In a major strategic move to enhance the resilience of digital investments, global leader Securitize in tokenizing real-world assets has announced the launch of the premium management trust "HLSCOPE" from Hamilton Lane on the TRON blockchain! 🌐✨
💡 What’s the significance of this event? • This fund represents the first financial asset issued by Securitize and officially launches on the TRON network. • This historic collaboration allows investors worldwide to access one of the largest and most active private credit funds through a blockchain ecosystem that is among the largest and most vibrant globally.
📊 Details about the partners in this achievement: 1. Hamilton Lane (Nasdaq: HLNE): Asset management giant launching the tokenized fund (HLSCOPE). 2. Securitize: The leading platform and issuer driving the tokenization of traditional assets and converting them into digital assets. 3. TRON Network: The infrastructure and hosting blockchain ensuring speed, efficiency, and access to a vast user base.
🔗 For more technical details about this launch, you can read the full report on The Block through the link: theblock.co/post/403270/se…
📍 A series of tweets about terms and words that interest you as a beginner in the digital currency market: REKT: It is short for "wrecked" and is used to describe bad trades that end in losses HODL: It is a common word in the digital currency market that is used to motivate the investor to continue owning the financial asset instead of selling it Airdrop: It is a word that indicates the free distribution of a certain stock (number) of currencies to users who meet certain conditions All-Time-High (ATH): It is a word that indicates the highest price value or historical market value that the currency or financial asset has reached All-Time-Low (ATL): It is a word that indicates the lowest price value or historical market value that the currency or financial asset has reached Circulating supply: It is a word that indicates the quantity of currency available in the market or among investors Total Supply: It is a word that indicates the total amount of currency available in the market or with investors, or closed or reserved for certain conditions Max Supply: It is a word that indicates the maximum total quantity that can be available for the currency. It is pre-programmed into the currency. Similarity to the maximum number of issuable shares in the stock market. This word is not available for most currencies because the programming methods and idea differ from one currency to another Market capitalization (market cap): It is a word that indicates the market value of the currency and is calculated by multiplying the Circulating Supply by the current currency price
Unfortunately, I support traders (especially beginners) who believe that digital currency prices generally rise at the end of the month because traders have liquidity, and this is wrong for several reasons. 1) Like any commodity, digital currencies have supply and demand. When demand for a particular currency increases and its price rises, you will certainly face a quantity of sales from shareholders to reap profits, and this is normal. 2) Prices depend on the news of the companies that own the currency (which means that after any important news, the price can change at any time). 3) Do not forget that rumors always play an important role in the digital currency market (and even the stock market), so make sure that the price changes do not have a specific time.
I will make you porridge for the rare crypto sayings. These days are gone 🔥🔥 For jokes too 😆 1- Your capital is small, distribute it among 3-4 currencies. If it is large, distribute it from 6-12 maximum
🧵/1
8- The topic of XRP with banks and the future (😂😂😂😂😂😂😂😂😂
9- Ethereum gas fees are high (He never used dapp in his life)
10- Ethereum got a killer currency (Kurdaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa)
11- I want to make an investment for 6 months to two years. I do not need the money currently
🧵/3
13- I want practical goals... near and far in space (The analyst: He was having a kebab dinner in a grill shop. For a moment, he gave him the goals.)
14- A paid group with 50 deals per day and collect the percentage of profits... We achieved 4350%, thank God.
15- Insert the parts and reinforce them in the descent
16- No entry except after confirmation (You wait a year and a half for the right to enter the deal, and the price rebounds from your entry)
17- Clear signals from the magic indicator. He gave us entry (May God compensate you)
18- Wave numbering (Always in a numbering opposite the first numbering, it appears for you opposite goal)
(😂)
🧵/5
20- I apologize, I will be away from Twitter for a while due to illness (The people waiting for him at the door and he ran away)
21- Jawaher Coquin (Their liquidity is $500. Laugh at their traders 😂)
22- Is the currency available on the pin?
23- Do you mean going up or down?
24- Her project is very strong. It has a future. (I only remember the name of the currency)
How much have you been trading in the field of digital currencies,,🤔#
Are you a loser now or a winner?? Share with us your experiences and how you compensated or learned from your mistakes 😊
I am the first person to briefly share my experience with you 💯 ------ I remember on my first day when I first heard of something called crypto, I said to myself, “This is a field or something I know nothing about.” I started researching and delving deeper into the subject and learning the basics, and everything related to digital currencies, so as not to fall into the forbidden, but then I did. In the forbidden haha, I found many sites, including scam, and a few of them are real, but it is inevitable to make mistakes and miss many opportunities in the first times and the first months, and then you start learning. I did not have capital, and even if I had, I would not have risked it in vain. I tried many faucet sites that provide a quantity of digital currencies, as well as P2E games, mining applications, airdrops, and so on... until I started making my first dollars, even if they were few. The important thing is that it is a beautiful thing. You make a profit from a field that you try for the first time and you have no knowledge about it. Over time, I searched and found many people and courses and began to delve deeper into this field, as well as trading and technical analysis. This was my story and content about the crypto field 💸
🚀 Exciting News: $AEVO (AEVO) Launched on Binance Launchpool! 📅 Launch details: - Launchpool start: 2024-03-08 00:00 (UTC) - Listing time: 03-13-2024 10:00 (UTC) 🌐 About Evo: Description: AEVO is a decentralized derivatives exchange platform. - Total supply: 1,000,000,000 Evo - Launchpool Rewards: 45,000,000 AEVO (4.5% of max supply) - Initial Circulating Supply: 110,000,000 Evo (11% of maximum supply) - Smart contract: Ethereum - Staking conditions: KYC required 💰 Maximum per user: - 30,000 AEVO in BNB pool - 7,500 AEVO in the FDUSD pool 🌟Supported swimming pools: 1. BNB pooled stake: 36,000,000 AEVO in rewards (80%) 2. FDUSD Pool: 9,000,000 AEVO in bonuses (20%) ⏰ Planting period: - From 03-08-2024 00:00 (UTC) to 03-12-2024 23:59 (UTC) 📊 Agricultural distribution: - Total daily rewards: 9,000,000 Evo - Daily BNB Pool Rewards: 7,200,000 AEVO - Daily FDUSD pool rewards: 1,800,000 AEVO 🚨 Note: - AEVO will be listed with the trading pairs AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, and AEVO/TRY. - Seed tag will be applied to AEVO. 🔗 Stay tuned for more updates about the launch of AEVO on Binance! 🚀🌐
Why does the market go up after every major minting (printing) of USDT or FDUSD? 🚀🤔
How can we benefit from printing these huge quantities? 😱 In this article, we will learn why and how this process occurs and how you can exploit it for profit 1/🧵 Minting = minting or printing This means: printing new stable currencies such as USDT or FDUSD and others, and their value must be linked to the US dollar. America prints the dollar and uses it. Likewise, in the world of digital currencies, Tether company prints USDT for people to use
How do we make profits from trading and make it a stable source of income? What are the important steps to start in the field of #digital_currencies? Today I made for you#Threedthe most important things you need to know before you start in the field of trading. 1- Before you start trading, you must measure the risk level of the market you are entering. Is the market beneficial for you or not?
- Estimate the profit and loss ratio. - The rate of fluctuation of the stock or currency. - Check the results of traders before you. -And what is the guaranteed way to win in this? market.
Accordingly, you determine the appropriate capital for you. 2- Determine your source of income in this field.
- Speculation! - Subscription! - Investment! - Sticking! - Sell NFT! 3- If you determine your source of income in the market as speculation or investment, and before you put the halala in your portfolio
You must learn how to manage your capital because it will be your first and last weapon.
This will reduce your loss in the market
4- Learn the basics of trading and buy and sell orders
How to set a stop loss. How to make profits. 5- Learn the entry and exit areas. This step is very important:
Buy at major supports. Sell at strong resistances.
6- Learning technical analysis will be your second weapon in this field 7- Your first and last loyalty is to your wallet Not for a currency, not for a stock, not for an analyst, or for anything else.