If you’re like me and want to dive deeper into the world of decentralized finance (DeFi), NFTs, and DApps, then Binance’s Web3 Wallet is an incredible tool to get started. This wallet is designed to give you direct, secure access to the decentralized web, all within the familiar Binance app. Here’s how I set it up, use it, and manage it.

What is the Binance Web3 Wallet?

Think of the Binance Web3 Wallet as a self-custody wallet. That means I have full control over my assets and private keys—no intermediaries. This wallet gives me an easy way to interact directly with blockchain-based applications like DeFi projects, NFT platforms, and more. Plus, it’s all within the Binance app, making it secure and convenient.

Step 1: Setting Up the Web3 Wallet

1. Open the Binance App

First, I make sure I’m logged into my Binance account on the mobile app. If you don’t have the latest version, update it to ensure you get all the features.

2. Find Web3 Wallet

From the main screen, I go to [Wallets] and tap on [Web3 Wallet] (you might see it as “Binance DeFi Wallet”).

3. Create Your Wallet

Here, I create a new wallet. Binance will guide you through setting up a password. This password is crucial because it protects access to the wallet, so make sure it’s a strong one you’ll remember.

4. Back Up Your Seed Phrase

Here’s the most important part—backing up my seed phrase. It’s a 12- or 24-word phrase that acts as my backup. I write it down (don’t save it online!) and store it somewhere safe. Without this phrase, there’s no way to recover my wallet if I lose access.

Step 2: Using the Web3 Wallet

Now that the wallet is set up, I can start using it to interact with blockchain-based services, send/receive assets, and even explore DApps.

1. Adding Funds

To use the Web3 Wallet, I transfer assets from my main Binance Wallet. I go to [Transfer] in the Web3 Wallet, pick the crypto I want, enter the amount, and confirm the transfer.

2. Accessing DApps

This is one of my favorite parts. In the Web3 Wallet, I can access decentralized apps (DApps). Under [DApps], I can explore apps for DeFi, gaming, and NFTs. I just select a DApp, and my wallet connects to it automatically.

3. Making Transactions

Send Assets: To send crypto, I tap [Send], enter the recipient’s wallet address, and the amount.

Receive Assets: When someone wants to send me funds, I tap [Receive] to get my wallet address or a QR code that I can share with them.

Step 3: Managing My Assets

The Binance Web3 Wallet makes it easy to keep track of everything.

1. Viewing My Portfolio

Under [Assets], I can see a breakdown of all my cryptocurrencies in the Web3 Wallet, their balances, and values.

2. Checking Transaction History

I like to keep tabs on my activity, so I check the [History] section, which has details on deposits, transfers, and DApp interactions.

3. Switching Networks

If a DApp requires a specific network, I can change it in [Network Settings]. Binance Web3 Wallet supports networks like Ethereum and BNB Smart Chain, so I have flexibility with the DApps I want to use.

Security Tips I Follow with My Web3 Wallet

Since the Web3 Wallet is a self-custody wallet, security is on me. Here’s what I do to keep my wallet safe:

Secure My Seed Phrase: I never store my seed phrase online or share it with anyone. A safe offline spot is ideal.

Enable 2FA and Biometric Authentication: I turn on two-factor authentication (2FA) or biometric unlocks for extra security.

Verify DApps: Not all DApps are trustworthy, so I only connect to reputable ones. It’s always worth double-checking the URL and doing a bit of research before diving in.

Why I Love Binance’s Web3 Wallet

With Binance’s Web3 Wallet, I can be part of the Web3 revolution, exploring NFTs, DeFi, and DApps all in one app. Plus, Binance’s focus on security gives me peace of mind while managing my digital assets.

If you’re ready to explore the future of finance and blockchain, try setting up your own Binance Web3 Wallet—it's an experience you won’t want to miss!
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#BeginnerTrader

Binance is a leading cryptocurrency exchange offering various features for both beginner and advanced users. With over 238 million users globally, Binance stands out for its secure, fast, and intuitive trading options. One of its newer features is the USDⓈ-M Easy Trade Mode, a simplified trading interface designed for ease of use. This guide will walk you through the steps of activating, trading, monitoring, and checking your balance in the USDⓈ-M Easy Trade Mode on the Binance app.

What is USDⓈ-M Easy Trade Mode?

Binance Futures' USDⓈ-M Easy Trade Mode simplifies the futures trading experience by offering an easy-to-navigate interface tailored for users who want a straightforward approach to trading. This mode is accessible in the Pro version of the Binance app, giving you a seamless experience for placing trades, monitoring positions, and managing your assets.

Step 1: Activating USDⓈ-M Easy Trade Mode

1. Log In to Binance: Open the Binance app and log in to your account.

2. Switch to Pro Version: Ensure you’re using the Pro version of the app to access the full set of trading features.

3. Navigate to Futures: Tap on [Futures] at the bottom of the screen.

4. Select Easy Trade Mode: In the USDⓈ-M Futures interface, tap the [...] menu at the top right corner, then select [Easy] next to Trade Mode.
Step 2: Placing Orders in USDⓈ-M Easy Trade Mode

Once you’re in Easy Trade Mode, placing a trade is simple:

1. Choose Your Symbol: Select the trading pair you want to trade.

2. Adjust Settings: Set your margin mode, leverage, and asset mode according to your risk and strategy preferences.

3. Buy or Sell: Choose whether you want to go [Buy] (long) or [Sell] (short).

4. Set Order Amount: Enter the amount in terms of USDT or USDC, which are the stablecoins used for transactions in this mode.

Step 3: Monitoring Open Positions

Just like in the Classic Trade Mode, you can keep track of your open positions in Easy Trade Mode:

View Positions: Under the [Positions] tab, you’ll see all your open trades, the assets involved, and their equivalent USDT amounts.

Close Position: If you want to close your position, simply tap on [Market Close]. This action will initiate a market order to close the position immediately.

Share Position Details: Tap the share icon if you’d like to share your position details, including symbol, leverage, direction, unrealized PNL, Entry Price, and Last Price.

Step 4: Checking Your USDⓈ-M Wallet Balance

Your USDⓈ-M Wallet balance is where you can view all funds allocated to USDⓈ-M Futures:

1. Go to Balance: Tap on the [Balance] tab in the Futures interface.

2. View Wallet and Margins: This tab provides a summary of your total wallet balance and the margin contribution for each asset.

3. Transfer Assets: If you need to add funds, tap [Transfer] to move assets into your USDⓈ-M Wallet for trading.

Additional Resources

For more detailed guidance, visit the Futures Guide FAQs on the Binance Support Center. Binance also offers tutorials on a wide range of features like Web3 Wallet, Trading Bots, Copy Trading, Binance Earn, and NFTs.
Why Choose Binance?

Binance is trusted by millions for its security and innovation in crypto trading. It provides various resources and support for all trading levels, including a 24/7 Support Center and learning resources through Binance Academy.

Ready to start trading with confidence? Download the Binance app and explore why Binance is the choice of over 238 million users worldwide!
#informationuseful
#BeginnerTrader

The current state of the cryptocurrency market has left many feeling like they are riding a rollercoaster of emotions. Despite its usual unpredictable nature, there seems to be a newfound sense of rationality in the air. With a total market capitalization of $2.66 trillion and Bitcoin reclaiming its position as the dominant player with a 51.56% market share, one might wonder what has caused this shift in sentiment.
The global economic landscape is undoubtedly playing a significant role in this newfound interest in cryptocurrencies. With the Federal Reserve holding firm on interest rates, economic indicators fluctuating, and inflation creeping up, individuals are seeking stability in their investments. Surprisingly, crypto appears to offer a sense of security compared to the traditional stock market, leading to a surge in interest from investors. While this behavior may seem irrational at first glance, it is actually quite predictable given our innate tendencies to seek stability in times of uncertainty.
Furthermore, the cryptocurrency market itself seems to be maturing, displaying a more stable trajectory akin to that of a growing child. The steady rise in total market capitalization since January and the emergence of spot Bitcoin ETFs have caught the attention of serious investors, sparking a herd mentality among the masses. The allure of investing in Bitcoin without the hassle of ownership has made this new option particularly attractive, further fueling the market's growth.
Adding to the excitement is the upcoming Bitcoin halving event in April, which has generated a considerable amount of hype reminiscent of past crazes like Beanie Babies. The prospect of scarcity created by halving events historically leads to price surges, prompting investors to jump on the bandwagon out of fear of missing out (FOMO). Similarly,
The Meme Coin Making a Meme Comeback. Dogecoin, The Shiba Inu with its own cryptocurrency. It shouldn't be a thing, but here we are. Doge's price surge is a perfect example of how our emotions can cloud our judgment. Whales (big investors) are buying it up, Elon Musk is hinting at using it for his new payment platform, and suddenly everyone wants a piece of the Doge pie. This emotional rollercoaster is why Dogecoin is now at its highest price since 2022. Is it a good investment? Who knows! But it sure is a fun ride, at least until the hype bubble bursts.
The Bottom Line: Be Cautious, This is Still Crypto
Despite the current optimism surrounding cryptocurrencies, it is essential to exercise caution when navigating this volatile market. While the current surge may seem mbitore rational than previous frenzies, it is crucial to conduct thorough research, understand the associated risks, and refrain from investing more than one can afford to lose. Cryptocurrency investments, though exciting, remain inherently risky, and one must approach them with a level head to avoid potential pitfalls. In the end, while the crypto rollercoaster may provide thrills, it is essential to remember that it can take unexpected turns at any moment. #informationuseful #KnowledgeIsPower #BitcoinTrends" #StaySafeInvestSmart #StayTuned @King_of_info-001

An Evening Star is a  bearish reversal candlestick pattern consisting of three candles: a large bullish candlestick, a small-bodied candle, and a bearish candle.
Evening Star patterns appear at the top of a price uptrend, signifying that the uptrend is nearing its end.
The opposite of the Evening Star is the Morning Star pattern, which is viewed as a bullish reversal candlestick pattern.
To identify an Evening Star pattern, look for the following criteria:
The Evening Star consists of three candlesticks, with the middle candlestick being a star.The first candlestick in the Evening Star must be an up candle (white or green) and must have a large body.The second candlestick is the “star”, which is a candlestick with a short body and does not touch the body of the first candlestick.The gap between the bodies of the two candlesticks is what makes the Doji or Spinning Top a “star”.The star can also form within the upper shadow of the first candlestick.The star is the first indication of weakness as it indicates that the buyers were unable to push the price up to close much higher than the close of the previous period.This weakness is confirmed by the candlestick that follows the star.The third candlestick must be a dark candlestick that closes well into the body of the first candlestick.
#BTC #LearnTogether #BinanceSquareFamily #BinanceHerYerde #informationuseful