Do your research: Unlike other financial markets, Bitcoin markets are infamously volatile, and key events can impact and move the prices of Bitcoin both heavily and quickly. It is crucial to stay, if you want to be a pro Bitcoin trader and wish to earn from Bitcoin the most, then you have to stay up to date on every possible bitcoin news and any key event that could potentially cause market movements. The crypto market is only developing and remains quite volatile. Therefore, experienced traders advise the newbies to beware of fraud. First of all, use only trusted links or applications to go to the platform, avoid the so-called “mirrors” – fraudulent sites that only pretend to be exchanges. Do not store a large amount of the coins on a platform, especially if you do not plan to conduct any transactions with it in the near future – it is better to withdraw your assets to a secure external wallet.
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According to Binance, users may obtain up to 20 deposit addresses for each network. The exchange will periodically review this quota to decide if an increase or decrease on the number of deposit addresses is necessary. BNB’s price has traditionally varied similarly to that of other crypto assets traded on the market. Binance Coin’s market capitalization has increased over time, topping $70 billion. BNB was sold for around $0.10 per token during Binance’s ICO. Binance, the world’s largest cryptocurrency exchange, said it had reached an agreement to buy its competitor FTX, which struggled to meet a surge of withdrawals in recent days as the crypto market teetered on the edge of another meltdown. The size of the acquisition couldn’t immediately be determined, but the privately held FTX was once valued at $32 billion.