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#TrumpTariffs Spot Trading is one of the common types of trading, and it is considered the simplest and fastest type of trades. ✅ Definition of Spot Trading: It is the process of buying or selling cryptocurrencies directly at the current market price, and the transaction is settled immediately (or almost immediately), which is why it is called "spot." 🛒 Practical example: If you own USDT (stablecoin) and want to buy BTC (Bitcoin), go to the spot trading section, set the amount, and execute the order.
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#BinanceTurns8 A Brief Summary of Trump's Tariffs: 🔹 What are they? Trump Tariffs are tariffs imposed by the administration of former U.S. President Donald Trump on imported goods, particularly from China, starting in 2018. 🔹 Goals: 1. Reduce the U.S. trade deficit 2. Protect American jobs and industries 3. Pressure China to change its trade practices (such as intellectual property theft and government support for companies) 🔹 Key goods subject to the tariffs: Technology products Steel and aluminum Home appliances Clothing and agricultural products 🔹 Results and impacts: ✅ Some American companies benefited (such as steel companies) ❌ But: Prices of goods for consumers in America increased China responded by imposing tariffs on American goods (such as soybeans and meats) American agriculture was negatively affected Global trade tensions occurred 🔹 What happened after Trump? The Joe Biden administration maintained some tariffs but also reviewed others. Trade tensions continued, but in a less escalated manner.
The BTC currency is short for Bitcoin, which is the first and most famous cryptocurrency in the world, launched in 2009 by an unknown person or group known as Satoshi Nakamoto.
Quick Information about BTC:
Item Details
Full Name Bitcoin Symbol BTC Launch Date 2009 Maximum Supply Only 21 million units System Decentralized (without a central issuing authority) Mining Method Proof of Work Uses Trading, investment, electronic payment
Features of Bitcoin:
Decentralized: It is not controlled by governments or banks.
Transparent: All transactions are recorded on a public blockchain.
Limited: No more than 21 million Bitcoins will ever be issued.
Easily transferable globally and at lower costs. $BTC #BTC
The WCT currency is an abbreviation for Waves Community Token, a digital currency issued on the Waves network, which is a blockchain platform aimed at facilitating the creation and trading of digital currencies and tokens easily.
Meaning and Function of WCT:
WCT = Waves Community Token
It was created as a reward for active users and contributors to the development of the Waves community.
It was previously used as a means to vote on new projects or to nominate developers within the Waves platform ecosystem.
Users receive it as rewards for their contributions, such as development, marketing, or promotion.
Does it have value now?
It is not currently used as widely as it was in the early days of the Waves platform.
Its market price may be low or inactive at present.
To know its current status, you can search for it on cryptocurrency tracking sites like CoinMarketCap or CoinGecko. #SpotVSFuturesStrategy
🚀 Why use it? Works around the clock: exploits fluctuations even in your absence Emotion-free decisions: executes its orders without succumbing to fear or greed Organized investment: achieves recurring profits from small movements 🛠️ Steps to start Spot Grid on Binance 1. Log in to Binance via the website or app. 2. Go to: Trade → Trading Bots → Spot Grid Trading.