People use "coins" and "tokens" like they mean the same thing — but the difference matters.
A coin has its own blockchain. Bitcoin, Ethereum, BNB — each one powers the network it runs on. The coin is native to that chain.
A token is built on top of an existing blockchain. It doesn't need its own network and borrows the infrastructure. Most DeFi protocols, NFT projects, and Web3 apps issue tokens this way, typically on Ethereum, BNB Chain, or Solana.
Why does it matter? Because when you're evaluating a project, understanding whether it's a coin or a token tells you something about its architecture, its dependencies, and how it actually works under the hood.
Last week, $BTC dropped below $60K on a wave of long liquidations, then reversed to $63,800, wiping out everyone who had rushed to short near the bottom. Over $241M in total short positions were aggressively flushed out across the crypto market in a single window.
Here's the mechanics behind what happened.
When you short crypto with leverage, you deposit margin as collateral. If price moves up instead of down, your losses grow until they exceed your margin, at which point the exchange automatically closes your position. That's a short liquidation. At 10x leverage, a price increase of just 8–10% can trigger it. You don't get to react.
The cascade forms when thousands of traders short the same level. Each forced close places a buy order that pushes price higher, which hits the next cluster of shorts, which generates more buy orders, which pushes price higher still. In crypto, this can unfold in minutes.
Understanding where liquidation clusters sit and how cascades form is an essential part of managing risk in crypto derivatives.
You can now trade over 7,000 stocks and ETFs directly from your Binance account, starting with just $5.
Here's how Binance Stocks Trading works:
Getting started No brokerage account needed. If you're eligible, you can access stocks straight from Binance.
How to pay Stock purchases use USDC. If you don't have USDC, Binance automatically converts from USDT, BNB, or other supported assets in your Funding or Spot Account.
Fees No commissions. Instead: • Orders $350 and under → flat $0.35 platform fee • Orders above $350 → 0.1% spread
Trading hours Depending on the stock, you can trade during Regular, Extended, or 24-hour sessions. Market orders are only active during Regular Trading Hours: 9:30 AM – 4:00 PM ET.
🇰🇪 900+ students learning blockchain and crypto fundamentals in Multimedia University. Binance Academy is building across Africa, one university at a time.
Binance Academy visited Addis Ababa University and delivered an in-depth crypto education workshop covering: 🔸Blockchain Fundamentals 🔸Trading Fundamentals 🔸Crypto Trading Deep Dive
Igniting the spark of Web3 and crypto, one campus at a time.
What is a Rug Pull? You see a token pumping 100x. You ape in. Next morning the price drops to 0. That's a rug pull.
🚩 5 red flags: - Anonymous team - No audit - Unlocked liquidity - Unrealistic promises - Token supply held by a few wallets DYOR isn't a meme, it's survival.
🇮🇩 Binance Academy hosted a special event in Bali last week, bringing together 300+ attendees to celebrate one of the most iconic moments in crypto history. The event featured a variety of engaging activities, including panel discussions, a HODL Bar, pizza decorating challenges, games, and networking sessions.
The energy was incredible from start to finish. Thanks to everyone who made it special!
A crypto-backed mortgage lets you use your digital assets as collateral without selling them.
How it works: 🏠 You pledge crypto (BTC, ETH, stablecoins) as collateral 🏠 A lender provides a mortgage based on that value 🏠 You keep your crypto exposure while owning real estate
Risks, requirements, and real-world examples in the article.
🇮🇩 We continued the Binance Academy University Tour in Bali in collaboration with Coinvestasi at Primakara University, with a full house of 203 attendees.
Participants in Bali were highly enthusiastic and excited to explore the future of Web3 and discover the opportunities in Web3. Great energy!
Binance University Tour at Universidad Nacional de La Plata, Buenos Aires
From blockchain fundamentals to understanding crypto categories across BTC, stablecoins, altcoins, and memecoins, students got a practical introduction to the space. Building crypto knowledge, one campus at a time.
🇹🇭 Binance TH Pizza Day brought the community together, with Binance Academy joining the conversation around one of Thailand’s hottest topics right now: Where Trading Card Games and Real-World Assets are Headed Next.
Great energy, strong turnout, and an exciting look at where culture and crypto continue to meet.
Session II at UCAB Caracas brought 250+ students into the room for practical workshops on trading, risk management, and live market analysis. Real skills, real tools.
🇦🇷 Universidad de San Andrés Buenos Aires brought the energy. From blockchain fundamentals and Bitcoin basics to CEX vs DEX and the foundations of the crypto ecosystem, students engaged with the space in a way that was clear, practical, and built for real understanding.