The Truth About Earning on Binance: Myths vs Reality
In the world of cryptocurrency, many people are drawn to the idea of "free money" or easy earnings. Some claim you can make money effortlessly through platforms like Binance. But when you actually try these so-called "free" methods, you often realize that most of them require some form of investment or effort. Today, we’ll uncover the reality of earning on Binance and explore how you can genuinely make money in the crypto world.
The Myth of Free Earnings Many people spread rumors or false claim
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
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🚨 Breaking News: SEC Puts Elon Musk on the Clock – Settlement or Legal Action in 48 Hours! 🚨
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In a dramatic turn of events, the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, has given tech billionaire Elon Musk a 48-hour ultimatum to settle pending issues or face potential legal charges. While the letter issued to Musk is cryptic about the details, it hints at multiple allegations involving Musk and his companies. 🔍 Neuralink Under the Microscope One focal point of the investigation is Musk’s brain-computer interface company, Neuralink. The SEC has reportedly reopened its probe into Neuralink this week, raising eyebrows across the business world. Adding fuel to the fire, Musk’s attorney, Alex Spiro, was recently subpoenaed, with threats of enforcement if he refused to comply. 🛡️ Musk Hits Back As tensions escalated, Musk took to his social media platform X (formerly Twitter), posting a fiery response: “The SEC is just another weaponized institution doing political dirty work.” 🧐 What’s Behind the Conflict? The SEC’s scrutiny of Musk isn’t new. A key issue stems from his delayed disclosure of a 9.2% stake in Twitter (now X). By law, under the Hart-Scott-Rodino Act, anyone acquiring over 5% of a public company must disclose the transaction within ten days. Musk allegedly waited over 20 days to reveal his holdings back in April 2022, sparking SEC investigations. Earlier this year, Musk agreed to testify in the matter but failed to show up for a scheduled deposition, prompting the SEC to seek court-imposed sanctions. 💬 Experts Speak Out Attorney John Deaton, a prominent voice in crypto circles, expressed concerns about the SEC’s tactics. He remarked: “If the SEC can aggressively target someone like Elon Musk, imagine the plight of small businesses and entrepreneurs who lack his resources.” Deaton also drew parallels with other SEC cases, including Ripple Labs and the LBRY lawsuit, highlighting the heavy costs of legal defense. Ripple alone has reportedly spent over $150 million fighting the SEC. ⚖️ What’s Next? As the clock ticks down on the SEC’s ultimatum, the business world is watching closely. Will Musk opt for settlement, or is another high-profile legal battle on the horizon? Stay tuned for updates!
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Caution New cryptocurrency listings often experience significant price surges in their initial stages. While this can be tempting, it's crucial to approach such investments with caution. Why Exercise Caution? * Pump and Dump Schemes: Some unscrupulous actors may artificially inflate a coin's price to sell at a higher price, leaving unsuspecting investors with substantial losses. * Market Manipulation: Large market players can manipulate the price of a new coin, leading to sudden and dramatic price drops. * High Volatility: New cryptocurrencies are inherently volatile, making it difficult to predict their long-term performance. A Safer Approach * Do Your Research: Thoroughly investigate the project's team, technology, and roadmap before investing. * Diversify Your Portfolio: Spread your investments across multiple cryptocurrencies to reduce risk. * Long-Term Perspective: Focus on long-term growth potential rather than short-term gains. * Emotional Control: Avoid impulsive decisions based on hype or fear. #MOVEOpening