Join us in playing Binance Word of the Day! Received a share of 400000 HOME and grow your crypto knowledge every day!#WOTD #Squar2earn
Binance Announcement
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Word of the Day: Test Your Knowledge on “#BinanceABCs” to Unlock HOME Rewards!
This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. Fellow Binancians, Binance is pleased to launch a new Word of the Day (WOTD) game! The theme of this week’s WOTD is “#BinanceABCs”. Read selected articles to learn more about this topic and participate in this week’s WOTD to grab a share of the rewards. Activity Period: 2025-12-08 00:00 (UTC) to 2025-12-14 23:59 (UTC) Complete 3 Words to Unlock Your Share of 400,000 HOME Token Vouchers WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments. How Does It Work All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.Users who get a total of three correct answers during the Activity Period are eligible for an equal share of 400,000 HOME token vouchers. The maximum reward per winner is capped at 80 HOME. How to Enable the Second WOTD Game After the first game, click the "Get A New WOTD" button.Share one of the selected articles of the day on social media.Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party. New User Welcome Bonus In addition, all new users who register for a Binance account using the “WOTD2025” referral code or via this referral link during the Activity Period, will each receive 10% off their Spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration. Play WOTD Now to Earn Rewards! Related Readings for This Week’s WOTD Making Crypto as Easy as ABC – Binance’s New Illustrated Book Turns Jargon into Joy Terms & Conditions Binance reserves the right to modify or cancel the Promotion at any time without prior notice.Binance reserves the right to update the list of eligible countries/regions for the Promotion at any time. Users who were previously able to participate may no longer be eligible to join or receive rewards under the updated terms.These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions. In case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.Users may play up to two WOTD games daily. To unlock the second WOTD game of the day, click on the "Get A New WOTD" button after the first game and share any selected article of the day on social media. The sharing will be deemed successful when the shared link is clicked by a third party. All token rewards will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. For the new user welcome bonus: The 10% Spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-12-08
Why Gold-backed coins maintained stable prices during this downside of altcoins?!
Short Answer:
Gold‑backed tokens largely held up because their price is anchored to physical gold (a low‑volatility, liquid reference), they attract safe‑haven flows during risk‑off episodes, and they have structural features—redemption, institutional custody, and lower leverage—that reduce speculative selling pressure.
Why (concise drivers)
Reference Asset Anchoring Most gold‑packed coins e.g $PAXG redeem or peg to spot gold or an audited reserve; that link limits free‑floating downside because sellers can arbitrage the token toward the underlying metal rather than driving price far below intrinsic value. What this means: arbitrage desks and market makers step in quickly to keep token price near spot gold. Safe‑Haven Flows and Reallocation In broad crypto selloffs, risk capital flees speculative altcoins and often reallocates into perceived stores of value. Gold‑backed tokens are an on‑chain representation of that destination, so demand cushions price drops. What this means: net flows into gold tokens (even small) have outsized stabilising impact because sellers of altcoins need a place to park capital. Lower Leverage and Derivative Exposure Gold tokens typically have less leverage, fewer perpetual/derivative markets, and lower retail margin trading activity than popular altcoins. That reduces forced liquidations and violent intraday swings. What this means: price moves are driven more by spot gold and arbitrage than by cascade liquidations. Institutional Custody and Auditability Projects with institutional custodians and frequent attestations inspire more confidence during stress, reducing panic selling compared with unaudited altcoins. What this means: investors treat them like tokenised commodity ETFs rather than speculative tokens. Correlation Structure and Liquidity Differences Gold tokens track an external, deeply liquid market (LBMA/COMEX spot), which has its own drivers that may not be synchronized with crypto risk‑off. Conversely, many altcoins are highly correlated to Bitcoin and to crypto market liquidity, so they fall harder. What this means: decoupling is a function of reference‑market behavior plus how easily the token can be arbitraged.
Key caveats and invalidation signals If the issuer fails audits, custody reports, or redemption (proof of reserves) tests, the token can depeg and fall sharply. Regulatory actions that limit on‑chain commodity redemption or ban certain tokenised assets would remove the safe‑haven bid. If spot gold itself drops sharply (driven by macro or liquidity stress), gold tokens will follow despite structural strengths.
Practical checks you can make Confirm recent attestations/audit reports and custody provider names. Check whether token spread vs spot gold is widening (if yes, risk of depeg). Look at derivative/open interest on the token—low OI suggests lower liquidation risk.
You guys know when someone start his post with these intros that he knows NOTHING:" I told you.." This's exactly what I have.." I've been warning you.." In my last/previous post.."
Market-ZONe
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Bullish
😱 O MYYY GOD!! 😱 I can’t believe this just happened! 😨
💥 $MET just DUMPED like crazy!! It’s now at $0.5 — unbelievable! 📉
🔥 I told you guys this was coming!! Who else saw this massive drop coming?! 👀
AI + Blockchain is not a gimmick, but the future of trust.✨✨✨ AI provides intelligence, blockchain provides truth. When these two merge, the countdown to a new era begins.🍀🍀🍀🌈
User Loses $1.22 Million in Crypto Assets Due to Phishing Attack
According to BlockBeats, a user recently suffered a loss of $1.22 million in cryptocurrency assets due to signing multiple phishing 'permit' signatures. The compromised assets include USDC and aPlaUSDT0 tokens. The incident was detected by Scam Sniffer approximately 30 minutes prior to the report.