Edison_SC
Open Trade
Occasional Trader
1.4 Years
22 Following
49 Followers
52 Liked
3 Shared
All
Quotes
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The difference between an average trader and one who finds real alpha lies in the speed of information ā”ļø.
Today, to not fall behind, you have to jump between Telegram, Discord, Xā¦ and when the rumor arrives, $BTC has already moved ššµāš«.
@rumour.app changes all of that š„
Itās a space where rumors, leaks, and signals appear before they become a trend.
Here you can detect narratives when they are still just whispers š
ā before FOMO reaches $ETH ,
ā before the momentum runs on $SOL š.
And the best part š you can see the rumor and execute the operation right there, without changing apps, without losing seconds, without entering late šāāļøšØ
In this market, the advantage is not in knowing moreā¦
it's in knowing it first š§ ā”ļø
#traderumour
Today, to not fall behind, you have to jump between Telegram, Discord, Xā¦ and when the rumor arrives, $BTC has already moved ššµāš«.
@rumour.app changes all of that š„
Itās a space where rumors, leaks, and signals appear before they become a trend.
Here you can detect narratives when they are still just whispers š
ā before FOMO reaches $ETH ,
ā before the momentum runs on $SOL š.
And the best part š you can see the rumor and execute the operation right there, without changing apps, without losing seconds, without entering late šāāļøšØ
In this market, the advantage is not in knowing moreā¦
it's in knowing it first š§ ā”ļø
#traderumour
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#BinanceTurns8 Join the celebration of #BinanceTurns8 and win up to 888,888 USD in BNB! https://www.biance.cc/activity/binance-turns-8?ref=GRO_19600_YQZDS
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#BinanceTurns8 ! Join the celebration of #BinanceTurns8 and win up to 888,888 USD in BNB! https://www.biance.cc/activity/binance-turns-8?ref=GRO_19600_YQZDS
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#HODLTradingStrategy
šš What if the best strategy is simplyā¦ not to sell?
#HOLDTradingStrategy šš
The HOLD (Hold On for Dear Life) strategy is one of the most popular in the crypto world, especially among those who believe in the long-term value of assets like $BTC, $ETH, and more š
š§ What does it consist of?
ā Buy and hold crypto regardless of market volatility
ā Ideal for those who believe in the long-term growth of the ecosystem
ā Avoids the stress of daily trading
ā Based on conviction, not emotions š
š Although the market goes up or down, holders remain steadfast, focused on the future vision š
š¼ Many complement this strategy with staking or savings products to generate passive income šŖ
š¬ Are you part of the HOLD team or do you prefer to trade actively?
šš What if the best strategy is simplyā¦ not to sell?
#HOLDTradingStrategy šš
The HOLD (Hold On for Dear Life) strategy is one of the most popular in the crypto world, especially among those who believe in the long-term value of assets like $BTC, $ETH, and more š
š§ What does it consist of?
ā Buy and hold crypto regardless of market volatility
ā Ideal for those who believe in the long-term growth of the ecosystem
ā Avoids the stress of daily trading
ā Based on conviction, not emotions š
š Although the market goes up or down, holders remain steadfast, focused on the future vision š
š¼ Many complement this strategy with staking or savings products to generate passive income šŖ
š¬ Are you part of the HOLD team or do you prefer to trade actively?
See original
#SpotVSFuturesStrategy
š Spot or Futures? Discover your ideal strategy āļø
#SpotVsFutureStrategy
In the crypto world, choosing between trading in Spot or Futures can make a big difference in your strategy š”
šµ Spot Trading
ā Buy and sell assets at the current market price
ā Ideal for holders and long-term strategies
ā No liquidation risk
š¦ Example: you buy 1 BTC and keep it in your wallet šŖ
š“ Futures Trading
ā Trade with leverage and take advantage of short-term price movements
ā You can open long or short positions
ā ļø Requires greater risk management
š Example: you open a long position with 10x leverage anticipating a rise
šÆ What is your approach? Do you prefer the stability of Spot or the adrenaline of Futures?
š Spot or Futures? Discover your ideal strategy āļø
#SpotVsFutureStrategy
In the crypto world, choosing between trading in Spot or Futures can make a big difference in your strategy š”
šµ Spot Trading
ā Buy and sell assets at the current market price
ā Ideal for holders and long-term strategies
ā No liquidation risk
š¦ Example: you buy 1 BTC and keep it in your wallet šŖ
š“ Futures Trading
ā Trade with leverage and take advantage of short-term price movements
ā You can open long or short positions
ā ļø Requires greater risk management
š Example: you open a long position with 10x leverage anticipating a rise
šÆ What is your approach? Do you prefer the stability of Spot or the adrenaline of Futures?
See original
#BTCBreaksATH
šØš„ Bitcoin surpasses $112,000 for the first time in history! šš
The price of $BTC marks a new all-time high (ATH) š, indicating a key moment for financial markets and the crypto ecosystem šš¹. This milestone reflects increasing confidence šŖ and massive adoption both institutional and retail š¦š„.
š Factors that could be driving this surge:
āļø š¢ Increased institutional interest
āļø š Decrease in supply after the last halving
āļø š”ļø BTC as a store of value against inflation
š¬ What do you think?
š What do you believe is driving this movement?
š How high do you think BTC can go for the rest of the year?
šØš„ Bitcoin surpasses $112,000 for the first time in history! šš
The price of $BTC marks a new all-time high (ATH) š, indicating a key moment for financial markets and the crypto ecosystem šš¹. This milestone reflects increasing confidence šŖ and massive adoption both institutional and retail š¦š„.
š Factors that could be driving this surge:
āļø š¢ Increased institutional interest
āļø š Decrease in supply after the last halving
āļø š”ļø BTC as a store of value against inflation
š¬ What do you think?
š What do you believe is driving this movement?
š How high do you think BTC can go for the rest of the year?
See original
#BinanceTurns8
šš Binance turns 8 years old! šš
Thank you to the moon and back šāØ for joining us on this crypto journey filled with innovation, challenges, and endless achievements! ā¾ļøš
To celebrate, the FIRST CRYPTO METEOR SHOWER IN HISTORY arrives! āļøš with a huge prize pool of $2,888,888 USD in rewards šš°
š« Activate your GR-8 Boarding Pass and get ready to:
š Touch meteors every 8 hours
š Receive tokens, coupons, and even 1 BNB!
š§© Complete missions to win meteors
š Share up to $888,888 in BNB rewards!
š Collect crypto star signs and win 1 BNB if you are among the lucky ones āØ
š The more you participate, the more prizes are unlocked! šÆ
š Participating projects include:
$1MBABYDOGE š¶, $ADX, $CELO, $NEO, $INIT, $ACE, $ONG, $A and more š„
šļø From July 8 to 15 (UTC)
š Don't miss it:
š¬ What is your crypto goal for the next 8 years? Share it with the hashtag #BinanceTurns8 and be part of the global celebration! šš¬
šš Binance turns 8 years old! šš
Thank you to the moon and back šāØ for joining us on this crypto journey filled with innovation, challenges, and endless achievements! ā¾ļøš
To celebrate, the FIRST CRYPTO METEOR SHOWER IN HISTORY arrives! āļøš with a huge prize pool of $2,888,888 USD in rewards šš°
š« Activate your GR-8 Boarding Pass and get ready to:
š Touch meteors every 8 hours
š Receive tokens, coupons, and even 1 BNB!
š§© Complete missions to win meteors
š Share up to $888,888 in BNB rewards!
š Collect crypto star signs and win 1 BNB if you are among the lucky ones āØ
š The more you participate, the more prizes are unlocked! šÆ
š Participating projects include:
$1MBABYDOGE š¶, $ADX, $CELO, $NEO, $INIT, $ACE, $ONG, $A and more š„
šļø From July 8 to 15 (UTC)
š Don't miss it:
š¬ What is your crypto goal for the next 8 years? Share it with the hashtag #BinanceTurns8 and be part of the global celebration! šš¬
See original
š Crypto portfolio update š§¾
Not everything is green in this gameā¦ but every drop is a lesson š”š
š Asset analysis:
š» ā12.53 %
š Accumulated PNL:
š» ā10.58 %
š®āšØ Yes, Iām in the red. But this is also part of the journey.
ā I continue learning, adjusting my strategy, and reinforcing my convictions.
š Every poorly executed trade, every hasty entryā¦ leaves me with a valuable lesson.
š¬ And you? How is your portfolio doing this month?
Are you holding, doing DCA, or waiting for better setups?
š¢ Letās share beyond the profits:
Losses also build a good investor. šŖ
Not everything is green in this gameā¦ but every drop is a lesson š”š
š Asset analysis:
š» ā12.53 %
š Accumulated PNL:
š» ā10.58 %
š®āšØ Yes, Iām in the red. But this is also part of the journey.
ā I continue learning, adjusting my strategy, and reinforcing my convictions.
š Every poorly executed trade, every hasty entryā¦ leaves me with a valuable lesson.
š¬ And you? How is your portfolio doing this month?
Are you holding, doing DCA, or waiting for better setups?
š¢ Letās share beyond the profits:
Losses also build a good investor. šŖ
See original
$BTC
š live + expanded vision š„
š Price: $101,458 USD (ā0.02%)
š» Daily range: $101.2K ā $104K
Key points of the moment:
Range trade at $103Kā106K ā”ļø buy at support and sell at resistance.
If it breaks and closes above $106K (and retests it), we could see a rally towards $110Kā120K š„
Institutional backing is growing: 130 companies hold BTC, 61 adopt crypto treasury strategies š¦
Macro: M2 at record levels, new Strategic Reserve of Bitcoin, and a more friendly regulatory environment
š¬ Key question for your followers:
āDo you think $BTC will break above $106K soon? Or will there be a correction before starting a new rally?ā š
š live + expanded vision š„
š Price: $101,458 USD (ā0.02%)
š» Daily range: $101.2K ā $104K
Key points of the moment:
Range trade at $103Kā106K ā”ļø buy at support and sell at resistance.
If it breaks and closes above $106K (and retests it), we could see a rally towards $110Kā120K š„
Institutional backing is growing: 130 companies hold BTC, 61 adopt crypto treasury strategies š¦
Macro: M2 at record levels, new Strategic Reserve of Bitcoin, and a more friendly regulatory environment
š¬ Key question for your followers:
āDo you think $BTC will break above $106K soon? Or will there be a correction before starting a new rally?ā š
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Observe my earnings and the breakdown of my portfolio. Follow me for investment tips.
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š¢ Here is my crypto portfolio TODAY! š§¾š¼
Amid memes, market movements, and macroeconomic uncertaintyā¦ this is my current strategy šÆš:
šø $PEPE ā 55.64%
ā”ļø Strong bet on the power of the community and the momentum of the meme ecosystem. šš„
š $BMT ā 25.01%
ā”ļø Project with solid fundamentals and good projection. I maintain my position in the medium term. šš
š§© Others ā 19.35%
ā”ļø Diversification in emerging tokens, DeFi opportunities, and some liquidity. šÆšŖ
š In this environment, having a clear strategy and adapting to the market is essential.
š¬ How are you distributing your portfolio at this moment?
Amid memes, market movements, and macroeconomic uncertaintyā¦ this is my current strategy šÆš:
šø $PEPE ā 55.64%
ā”ļø Strong bet on the power of the community and the momentum of the meme ecosystem. šš„
š $BMT ā 25.01%
ā”ļø Project with solid fundamentals and good projection. I maintain my position in the medium term. šš
š§© Others ā 19.35%
ā”ļø Diversification in emerging tokens, DeFi opportunities, and some liquidity. šÆšŖ
š In this environment, having a clear strategy and adapting to the market is essential.
š¬ How are you distributing your portfolio at this moment?
My Assets Distribution
PEPE
BMT
Others
55.64%
25.01%
19.35%
See original
#USNationalDebt
šØš The national debt of the U.S. breaks records!
šŗšøšø It now totals $37 trillion, and 25% of tax revenues goes just to paying interest š±š
š„ This reignites fears about:
š„ Inflation
š§Ø Fiscal instability
š² The future of the dollar as a global reserve currency
š§ š¬ How will this impact crypto markets?
š Will more investors seek refuge in BTC š and stablecoins šµ as an alternative to the traditional system?
š Or will this uncertainty hit all risk assets?
š¤ Personally, I am adjusting my portfolio:
ā More exposure to Bitcoin
š”ļø Use of USDT/USDC as a hedge
š« Reduction in highly volatile assets
š What are you doing with your portfolio?
šØš The national debt of the U.S. breaks records!
šŗšøšø It now totals $37 trillion, and 25% of tax revenues goes just to paying interest š±š
š„ This reignites fears about:
š„ Inflation
š§Ø Fiscal instability
š² The future of the dollar as a global reserve currency
š§ š¬ How will this impact crypto markets?
š Will more investors seek refuge in BTC š and stablecoins šµ as an alternative to the traditional system?
š Or will this uncertainty hit all risk assets?
š¤ Personally, I am adjusting my portfolio:
ā More exposure to Bitcoin
š”ļø Use of USDT/USDC as a hedge
š« Reduction in highly volatile assets
š What are you doing with your portfolio?
See original
$ETH
šš„ Ethereum has just broken the $2,850 barrier! š„š
šš„ 4.12% increase in just 24 hours! š„š
šš Intraday high of $2,871 and low of $2,738! šš
šš¼ Big investors are betting strong! š¼š
š®š Projections point to $3,000 on the horizon! šš®
š§ š” Ethereum continues to demonstrate its potential! š”š§
šš The network strengthens with each block! šš
š¬š¢ It's time to stay alert and seize opportunities! š¢š¬
šš„ Ethereum has just broken the $2,850 barrier! š„š
šš„ 4.12% increase in just 24 hours! š„š
šš Intraday high of $2,871 and low of $2,738! šš
šš¼ Big investors are betting strong! š¼š
š®š Projections point to $3,000 on the horizon! šš®
š§ š” Ethereum continues to demonstrate its potential! š”š§
šš The network strengthens with each block! šš
š¬š¢ It's time to stay alert and seize opportunities! š¢š¬
See original
#CryptoRoundTableRemarks
š„š§ š„ BOOM at the crypto roundtable! Regulators, crypto OGs, and code... all in the same conversation! š£ļøā”š
š©āāļøš» "Engineers are not criminals!" ā said the SEC chair šÆšØāš»š”ļø
š¢š§± "Code is FREEDOM, it is SPEECH" ā Hester Peirce defending the 1st Amendment like a G š¬šš½
š¤š«šØāāļø "Smart contracts DO NOT need suits and ties!" ā Voorhees raising his voice for the code š¤Æš§āš»š£
šš "Decentralization is not chaos... it is order by design" ā a clear vision of what is coming š§©šš
āļøš„š» So... who rules the finances of the future? The dev or the regulator? šš§ š„
š¬š ļø Does building code make you guilty if someone misuses it? š¤šØāš¬āļø Or should you be protected like in open source? š§āš»šš¢
ššš² While the SEC talks... the code keeps running. Which side are you on? šš§š
š„š§ š„ BOOM at the crypto roundtable! Regulators, crypto OGs, and code... all in the same conversation! š£ļøā”š
š©āāļøš» "Engineers are not criminals!" ā said the SEC chair šÆšØāš»š”ļø
š¢š§± "Code is FREEDOM, it is SPEECH" ā Hester Peirce defending the 1st Amendment like a G š¬šš½
š¤š«šØāāļø "Smart contracts DO NOT need suits and ties!" ā Voorhees raising his voice for the code š¤Æš§āš»š£
šš "Decentralization is not chaos... it is order by design" ā a clear vision of what is coming š§©šš
āļøš„š» So... who rules the finances of the future? The dev or the regulator? šš§ š„
š¬š ļø Does building code make you guilty if someone misuses it? š¤šØāš¬āļø Or should you be protected like in open source? š§āš»šš¢
ššš² While the SEC talks... the code keeps running. Which side are you on? šš§š
See original
#TradingTools101
šš§ New to the world of trading? Then you need to know your best allies! š§°šš„
šš RSI, MACD, and Moving Averages are not strange words... they are your new superpowers! š¦øāāļøšā”
šš„ RSI (Relative Strength Index): tells you if an asset is overbought or oversold š¤šš Clearer decisions!
šš¦ MACD (Moving Average Convergence Divergence): reveals trend changes like a radar šÆš§ā”
šš Moving Averages: smooth out market noise and show you the REAL direction š§āāļøšš§
šļøāšØļøš” Don't trade blindly! These indicators are like beacons in the middle of the storm ššš
š¬š Study, practice, and understand how they combine to give you stronger signals šŖšš
š®š„ Trading is not luck... it's strategy, analysis, and well-used tools! š§ šÆš¼
šš§ New to the world of trading? Then you need to know your best allies! š§°šš„
šš RSI, MACD, and Moving Averages are not strange words... they are your new superpowers! š¦øāāļøšā”
šš„ RSI (Relative Strength Index): tells you if an asset is overbought or oversold š¤šš Clearer decisions!
šš¦ MACD (Moving Average Convergence Divergence): reveals trend changes like a radar šÆš§ā”
šš Moving Averages: smooth out market noise and show you the REAL direction š§āāļøšš§
šļøāšØļøš” Don't trade blindly! These indicators are like beacons in the middle of the storm ššš
š¬š Study, practice, and understand how they combine to give you stronger signals šŖšš
š®š„ Trading is not luck... it's strategy, analysis, and well-used tools! š§ šÆš¼
See original
$BTC
š Bitcoin in the spotlight! šš„
šš„ BTC remains the leading cryptocurrency and its price is always in motion š¢šø. Did you know that understanding its behavior is key to seizing opportunities? šÆš
ā³š§ Reading BTC trends helps anticipate moments to buy or sell š°š, and thus maximize profits! š¹š
šš Patterns like "supports", "resistances" and "breakouts" are signals that every BTC trader should know š§ ā”.
ā ļøš„ Additionally, BTC's volatility can be an ally or a challenge, depending on how you manage your trades š”ļøš.
š”ā Tips to closely follow BTC:
āļø Use updated charts šš²
āļø Stay informed about global news ššļø
āļø Control your emotions, discipline is key š§āāļøšŖ
šš¬ In summary, mastering BTC is understanding a market full of opportunities and risks. Get ready to trade wisely! š§ š
š Bitcoin in the spotlight! šš„
šš„ BTC remains the leading cryptocurrency and its price is always in motion š¢šø. Did you know that understanding its behavior is key to seizing opportunities? šÆš
ā³š§ Reading BTC trends helps anticipate moments to buy or sell š°š, and thus maximize profits! š¹š
šš Patterns like "supports", "resistances" and "breakouts" are signals that every BTC trader should know š§ ā”.
ā ļøš„ Additionally, BTC's volatility can be an ally or a challenge, depending on how you manage your trades š”ļøš.
š”ā Tips to closely follow BTC:
āļø Use updated charts šš²
āļø Stay informed about global news ššļø
āļø Control your emotions, discipline is key š§āāļøšŖ
šš¬ In summary, mastering BTC is understanding a market full of opportunities and risks. Get ready to trade wisely! š§ š
See original
#USChinaTradeTalks
šš¤ Senior trade officials from the U.S. šŗšø and China šØš³ are meeting in London šļø this week to continue key discussions š that could define the global economic future šš¼.
šļøš¬ The negotiations will last several days š ā³ and President Trump š§āš¼ states that they are āpromisingā āØā and āshould go very wellā šš„.
šāļø The main topics include rare earth exports šæš, semiconductor trade š»š, and previous agreements signed in Geneva šļøš¤.
šš Markets are reacting with optimism šš: Hong Kong's Hang Seng index rose by 1.6% šš and the S&P 500 in the U.S. remains stable š¹šµ.
ā ļøš The outcome of these talks could bring stability and confidence ššŖ or, in case of difficulties, more volatility and tension š„ā ļø for global markets šš.
ā³š® The coming days will be key šš°ļø to define the course of international trade šš ļø and investor sentiment š¼š”.
šš¤ Senior trade officials from the U.S. šŗšø and China šØš³ are meeting in London šļø this week to continue key discussions š that could define the global economic future šš¼.
šļøš¬ The negotiations will last several days š ā³ and President Trump š§āš¼ states that they are āpromisingā āØā and āshould go very wellā šš„.
šāļø The main topics include rare earth exports šæš, semiconductor trade š»š, and previous agreements signed in Geneva šļøš¤.
šš Markets are reacting with optimism šš: Hong Kong's Hang Seng index rose by 1.6% šš and the S&P 500 in the U.S. remains stable š¹šµ.
ā ļøš The outcome of these talks could bring stability and confidence ššŖ or, in case of difficulties, more volatility and tension š„ā ļø for global markets šš.
ā³š® The coming days will be key šš°ļø to define the course of international trade šš ļø and investor sentiment š¼š”.
See original
#CryptoCharts101
šš In the ninth chapter of its series "In-Depth Analysis of Cryptocurrency Trading Fundamentals", Binance explores one of the most valuable skills for any trader: reading charts and detecting trends.
With CryptoCharts101, the importance of correctly interpreting market movements is highlighted to make more accurate and timely decisions.
š§ Understanding charts is not just about looking at lines and candles. Itās about knowing what they mean, when they act as signals of opportunity, and when they alert to potential risks.
Here are some key points for any trader who wants to improve their market reading:
š What chart patterns are most frequently recognized and how are they interpreted?
š How are trends, reversals, or breakouts identified in price action?
ā±ļø In what way has chart analysis influenced entry or exit decisions in a trade?
š¬ Becoming familiar with charts not only improves technique, it also strengthens confidence when trading. Patterns can repeat, but experience allows you to see them coming.
š Learning to read the market is a continuous process. And in every chart, there is a story to tellā¦ and an opportunity to seize.
šš In the ninth chapter of its series "In-Depth Analysis of Cryptocurrency Trading Fundamentals", Binance explores one of the most valuable skills for any trader: reading charts and detecting trends.
With CryptoCharts101, the importance of correctly interpreting market movements is highlighted to make more accurate and timely decisions.
š§ Understanding charts is not just about looking at lines and candles. Itās about knowing what they mean, when they act as signals of opportunity, and when they alert to potential risks.
Here are some key points for any trader who wants to improve their market reading:
š What chart patterns are most frequently recognized and how are they interpreted?
š How are trends, reversals, or breakouts identified in price action?
ā±ļø In what way has chart analysis influenced entry or exit decisions in a trade?
š¬ Becoming familiar with charts not only improves technique, it also strengthens confidence when trading. Patterns can repeat, but experience allows you to see them coming.
š Learning to read the market is a continuous process. And in every chart, there is a story to tellā¦ and an opportunity to seize.
See original
#TradingMistakes101
āØš Binance continues its series "Deepening the Fundamentals of Cryptocurrency Trading" and presents the eighth topic: TradingMistakes101 šÆš”
In this edition, the focus is on the mistakes that are part of every trader's journey ā because sharing them is also a way to grow.
š£ Making mistakes at the beginning is normal: entering the market too quickly, missing a stop-loss, or getting carried away by collective enthusiasm are just a few examples.
š But each mistake brings with it an opportunity for learning.
Binance invites reflection on key questions:
š What was the biggest mistake when starting in trading and what lesson did it leave?
š What tools or habits helped improve discipline when trading?
š What valuable advice would an experienced trader give to someone just starting out?
š¬ Understanding past mistakes is not about looking back, but using that experience as a foundation to build stronger decisions in the future.
With each lesson, the trader becomes stronger. With each stumble, the strategy is refined.
š In the world of trading, learning from mistakes is not an option ā it is an essential part of progress.
āØš Binance continues its series "Deepening the Fundamentals of Cryptocurrency Trading" and presents the eighth topic: TradingMistakes101 šÆš”
In this edition, the focus is on the mistakes that are part of every trader's journey ā because sharing them is also a way to grow.
š£ Making mistakes at the beginning is normal: entering the market too quickly, missing a stop-loss, or getting carried away by collective enthusiasm are just a few examples.
š But each mistake brings with it an opportunity for learning.
Binance invites reflection on key questions:
š What was the biggest mistake when starting in trading and what lesson did it leave?
š What tools or habits helped improve discipline when trading?
š What valuable advice would an experienced trader give to someone just starting out?
š¬ Understanding past mistakes is not about looking back, but using that experience as a foundation to build stronger decisions in the future.
With each lesson, the trader becomes stronger. With each stumble, the strategy is refined.
š In the world of trading, learning from mistakes is not an option ā it is an essential part of progress.
See original
#CryptoFees101
āØš¢ Binance presents a new chapter in its deep analysis series on cryptocurrency trading šš
This time, the focus is on CryptoFees101 šøš: understanding fees is essential to optimize any trading strategy.
š§ Fees can directly affect the results. Knowing and managing them correctly makes the difference between a profitable trade and an expensive one.
These are the main types of fees that every trader should consider:
š¢ Maker/Taker fees ā apply when placing or taking an order š„š¹
šµ Gas fees ā necessary to execute trades on the blockchain ā½š»
š“ Withdrawal costs ā involve moving funds off the platform š³š¤
To reduce the impact of these fees, Binance recommends:
ā Trading during times of low network congestion šš
ā Selecting pairs with more competitive fees šš±
ā Taking advantage of available promotions and rewards šš„
š Understanding how these fees work allows for more informed decisions and better protection of profits. Every detail counts in the world of trading. š§ š°
āØš¢ Binance presents a new chapter in its deep analysis series on cryptocurrency trading šš
This time, the focus is on CryptoFees101 šøš: understanding fees is essential to optimize any trading strategy.
š§ Fees can directly affect the results. Knowing and managing them correctly makes the difference between a profitable trade and an expensive one.
These are the main types of fees that every trader should consider:
š¢ Maker/Taker fees ā apply when placing or taking an order š„š¹
šµ Gas fees ā necessary to execute trades on the blockchain ā½š»
š“ Withdrawal costs ā involve moving funds off the platform š³š¤
To reduce the impact of these fees, Binance recommends:
ā Trading during times of low network congestion šš
ā Selecting pairs with more competitive fees šš±
ā Taking advantage of available promotions and rewards šš„
š Understanding how these fees work allows for more informed decisions and better protection of profits. Every detail counts in the world of trading. š§ š°
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