QryptoQueenNG
18 ໂພສ
QryptoQueenNG
88 ກໍາລັງຕິດຕາມ
21 ຜູ້ຕິດຕາມ
25 Liked
ໂພສ
ທັງໝົດ
ວົງຢືມ
ປັກໝຸດ
all about binance, Bitcoin
want to understand it properly
@Queenknow#Memecoins #BinanceLaunchpool #BullorBear #BinanceLaunchpool #Nonfarm $BTC
want to understand it properly
@Queenknow#Memecoins #BinanceLaunchpool #BullorBear #BinanceLaunchpool #Nonfarm $BTC
definitely it is #bitcoin.”
Draven Kai
·
--
ສັນຍານກະທິງThe market has spent years waiting for one thing that matters more than hype: clear rules.
Now, the final text of the CLARITY Act is expected from the US Congress, with a Senate floor vote likely to follow. If it advances, this could become one of the most important regulatory moments Bitcoin and the broader crypto market have seen in years.
Price can move on headlines. Sustainable growth usually comes from certainty. Institutional capital, builders, and long-term investors tend to gain confidence when the legal framework becomes easier to understand.
The interesting question isn't whether regulation matters anymore. It's when the market decides to price it in.
Will Bitcoin's next major rally start as traders anticipate the legislation, or will the real move come only after the bill officially becomes law?
I'm leaning toward the idea that expectations move markets first, while regulatory certainty keeps the momentum alive. What's your take?
$BTC
Now, the final text of the CLARITY Act is expected from the US Congress, with a Senate floor vote likely to follow. If it advances, this could become one of the most important regulatory moments Bitcoin and the broader crypto market have seen in years.
Price can move on headlines. Sustainable growth usually comes from certainty. Institutional capital, builders, and long-term investors tend to gain confidence when the legal framework becomes easier to understand.
The interesting question isn't whether regulation matters anymore. It's when the market decides to price it in.
Will Bitcoin's next major rally start as traders anticipate the legislation, or will the real move come only after the bill officially becomes law?
I'm leaning toward the idea that expectations move markets first, while regulatory certainty keeps the momentum alive. What's your take?
$BTC
congratulations
Яaghib
·
--
Hi. Today I want to share my experience with you.
I'm not an expert in any way. but in my short journey of trading (not actually trading but buying and holding for a long time 😜) what I have come to understand is that unless you sell you're not in loss.
You only lose when you let go. Just hold on tight. let it flow on its own. It'll go up eventually.
Don't panic just be patient and let the current take you to your desired destination.
Here's my One month PNL: (not much but I'm satisfied 😊)
I'm not an expert in any way. but in my short journey of trading (not actually trading but buying and holding for a long time 😜) what I have come to understand is that unless you sell you're not in loss.
You only lose when you let go. Just hold on tight. let it flow on its own. It'll go up eventually.
Don't panic just be patient and let the current take you to your desired destination.
Here's my One month PNL: (not much but I'm satisfied 😊)
much is giving and much is expected my dear
QryptoQueenNG
·
--
#MarketDownturn
#BinanceHODLerLA
it's more like a dream
let's stay guided and focus
#BinanceHODLerLA
it's more like a dream
let's stay guided and focus
is gonna be fine and ok
QryptoQueenNG
·
--
#MarketDownturn
#BinanceHODLerLA
it's more like a dream
let's stay guided and focus
#BinanceHODLerLA
it's more like a dream
let's stay guided and focus
excellent
Binance Academy
·
--
What Is Blockchain and How Does It Work?
Key Takeaways
A blockchain is a distributed digital ledger that records transactions across a network of computers, making it transparent and resistant to tampering. Bitcoin and Ethereum are the most widely used public blockchains.
Blockchain data is organized into blocks linked together by cryptographic hashes, forming a chain that makes retroactive changes extremely difficult.
Consensus mechanisms like Proof of Work and Proof of Stake allow nodes to agree on the state of the ledger without a central authority.
Beyond cryptocurrencies, blockchain is used for smart contracts, tokenization, digital identity, voting, and supply chain management.
Layer 2 scaling solutions and real-world asset tokenization are among the most actively developed areas of blockchain in 2025-2026.
Introduction
Blockchain technology has changed the way we think about storing and sharing data. It started as the backbone of cryptocurrencies like Bitcoin, but its applications have expanded far beyond digital money. Today, blockchain powers everything from decentralized financial services to supply chain tracking and digital identity systems.
A blockchain is a special type of database. Instead of being stored in one central location, the data is maintained by a distributed network of computers. This structure makes it transparent, secure, and very difficult to alter. No single person or organization controls it.
What Is Blockchain?
A blockchain is a decentralized digital ledger. It records data in blocks, which are linked together in chronological order using cryptography. Once a block is added to the chain, it is virtually impossible to change its contents without altering every block that comes after it.
The decentralized structure means the data is maintained by many computers (nodes) simultaneously. There is no single point of failure, and no central authority is needed to verify transactions. Participants can transact directly with each other.
Brief history of blockchain
The earliest model of a blockchain dates to the early 1990s, when computer scientist Stuart Haber and physicist W. Scott Stornetta used cryptographic techniques to secure digital documents from tampering. Their work laid the groundwork for later developments.
Their ideas inspired many cryptographers and computer scientists, eventually leading to Bitcoin, the first cryptocurrency powered by a public blockchain. Since then, blockchain adoption has grown across many industries well beyond financial services. The Bitcoin network has continued to evolve, with the most recent halving in April 2024 reducing the block reward to 3.125 BTC per block.
Key features of blockchain
Decentralization: Data is distributed across many nodes rather than held by a single server. Large networks like Bitcoin's are highly resistant to attacks.
Transparency: Most public blockchains are open. Anyone can inspect transaction data using a blockchain explorer.
Immutability: Once a block is confirmed, altering its data requires changing all subsequent blocks, which is computationally prohibitive.
Security: Cryptography and consensus mechanisms protect against fraud and tampering.
How Does Blockchain Work?
When Alice sends Bob some bitcoin, the transaction is broadcast to the network. Nodes verify the transaction by checking digital signatures and other data. Once verified, the transaction is grouped with others into a block. Each block contains a cryptographic hash of the previous block, linking them together. A consensus mechanism is then used to confirm and add the block to the chain.
You can think of each block as a page in a ledger. You can trace all confirmed transactions back to the very first block (the genesis block) using a blockchain explorer. This full audit trail is one of blockchain's most valuable properties.
Consensus Mechanisms
A consensus mechanism is the set of rules that allows all nodes in a network to agree on the state of the blockchain. It ensures that everyone has the same copy of the ledger, even without a central coordinator.
What is proof of work?
Proof of Work (PoW) is used by Bitcoin. Miners compete to solve complex mathematical problems. The first miner to solve the problem adds the next block and receives a cryptocurrency reward. PoW requires significant computational power and energy, which acts as a deterrent against attacks.
What is proof of stake?
Proof of Stake (PoS) is used by Ethereum (since the 2022 Merge) and many newer blockchains. Proof of Stake selects validators to create new blocks based on how much cryptocurrency they "stake" as collateral. PoS uses far less energy than PoW. Validators who act maliciously risk losing their staked funds.
Other consensus mechanisms
Delegated Proof of Stake (DPoS) allows token holders to elect delegates who validate on their behalf. Proof of Authority (PoA) uses a validator's reputation or identity rather than their stake. Many blockchains use hybrid approaches or purpose-built consensus models suited to their specific use cases.
Types of Blockchain Networks
Public blockchain
Anyone can join, participate, and view data on a public blockchain. Bitcoin and Ethereum are the most prominent examples. They are permissionless, open-source, and highly transparent.
Private blockchain
A private blockchain is controlled by a single organization. Access is restricted, and the operator sets the rules for who can read and write to the chain. While not fully decentralized, private blockchains can be useful for internal enterprise processes.
Consortium blockchain
A consortium blockchain is governed by a group of organizations rather than a single entity. Validators are pre-selected from the participating organizations. This model offers a balance between transparency and control, and is often used in industries like banking and logistics.
What Is Blockchain Used For?
Blockchain started with cryptocurrency but has since expanded into many sectors.
Cryptocurrencies
Blockchain enables peer-to-peer transactions without intermediaries. This can make cross-border payments faster and cheaper than traditional banking channels.
Smart contracts
Smart contracts are self-executing programs stored on a blockchain. They run automatically when predefined conditions are met. Smart contracts power decentralized finance (DeFi) platforms that offer lending, borrowing, and trading without traditional financial institutions.
Tokenization
Tokenizing real-world assets (RWA) such as real estate, art, or commodities means converting ownership rights into digital tokens on a blockchain. This can improve liquidity and broaden access to investment opportunities. RWA tokenization has seen significant growth through 2025-2026, with major financial institutions exploring on-chain bond and fund structures.
Digital identity, voting, and supply chain
Blockchain can underpin tamper-proof digital identity systems, helping people verify credentials and sensitive data securely. In supply chain management, each step in a product's journey can be recorded on-chain, creating a transparent and auditable record for businesses and consumers. Blockchain has also been explored for voting systems, where it could provide a verifiable and tamper-resistant record of votes, though large-scale deployment remains limited.
Blockchain and AI in 2025-2026
Combining blockchain with artificial intelligence (AI) is an emerging area of development. Blockchain can provide verifiable data provenance for AI training datasets, while AI can help analyze on-chain patterns and detect anomalies.
Layer 2 networks such as rollups and state channels have also matured significantly, reducing transaction costs and improving throughput on major blockchains. For a deeper comparison, see Layer 1 vs. Layer 2 scaling solutions.
FAQ
What is the difference between blockchain and cryptocurrency?
Blockchain is the underlying technology, a distributed ledger that records transactions. Cryptocurrency is one application built on top of it. Bitcoin uses blockchain to record transfers of bitcoin, but the same technology can record many other types of data with no cryptocurrency involved.
Is blockchain data permanent?
Once data is confirmed and added to a block, changing it would require altering every subsequent block and convincing the majority of the network to accept the change. In practice, this makes confirmed blockchain data extremely difficult to alter, though it is not literally impossible in all cases.
What is a consensus mechanism in blockchain?
A consensus mechanism is the protocol that allows all nodes in a blockchain network to agree on which transactions are valid and in what order they occurred. Common examples include Proof of Work (used by Bitcoin) and Proof of Stake (used by Ethereum).
What is a public key in blockchain?
In blockchain, each participant has a pair of cryptographic keys: a private key (kept secret) and a public key (shared openly). When you send a transaction, you sign it with your private key. Other nodes verify your identity using your public key. This ensures only the rightful owner can authorize a transaction.
How does blockchain compare to a traditional database?
A traditional database is controlled by a central administrator who can modify or delete records. A public blockchain is distributed across thousands of nodes with no central authority. Changes require network consensus. This makes blockchain more resistant to tampering and censorship, though typically slower and harder to update than a centralized database.
Closing Thoughts
Blockchain offers a new approach to storing and sharing data, one that does not require trust in a central authority. Its core properties, decentralization, transparency, and immutability, make it well-suited for applications where multiple parties need to share reliable records. For more on the challenges of balancing these properties, see our guide to the blockchain trilemma. As scaling solutions mature and real-world adoption grows, blockchain's role in finance, identity, and data infrastructure is likely to expand further.
Further Reading
What Is Bitcoin and How Does It Work?
What Is Ethereum and How Does It Work?
What Are Smart Contracts and How Do They Work?
Blockchain Layer 1 vs. Layer 2 Scaling Solutions
What Is the Blockchain Trilemma?
Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal, or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third-party contributor, please note that those views expressed belong to the third-party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning, and Binance Academy Terms.
A blockchain is a distributed digital ledger that records transactions across a network of computers, making it transparent and resistant to tampering. Bitcoin and Ethereum are the most widely used public blockchains.
Blockchain data is organized into blocks linked together by cryptographic hashes, forming a chain that makes retroactive changes extremely difficult.
Consensus mechanisms like Proof of Work and Proof of Stake allow nodes to agree on the state of the ledger without a central authority.
Beyond cryptocurrencies, blockchain is used for smart contracts, tokenization, digital identity, voting, and supply chain management.
Layer 2 scaling solutions and real-world asset tokenization are among the most actively developed areas of blockchain in 2025-2026.
Introduction
Blockchain technology has changed the way we think about storing and sharing data. It started as the backbone of cryptocurrencies like Bitcoin, but its applications have expanded far beyond digital money. Today, blockchain powers everything from decentralized financial services to supply chain tracking and digital identity systems.
A blockchain is a special type of database. Instead of being stored in one central location, the data is maintained by a distributed network of computers. This structure makes it transparent, secure, and very difficult to alter. No single person or organization controls it.
What Is Blockchain?
A blockchain is a decentralized digital ledger. It records data in blocks, which are linked together in chronological order using cryptography. Once a block is added to the chain, it is virtually impossible to change its contents without altering every block that comes after it.
The decentralized structure means the data is maintained by many computers (nodes) simultaneously. There is no single point of failure, and no central authority is needed to verify transactions. Participants can transact directly with each other.
Brief history of blockchain
The earliest model of a blockchain dates to the early 1990s, when computer scientist Stuart Haber and physicist W. Scott Stornetta used cryptographic techniques to secure digital documents from tampering. Their work laid the groundwork for later developments.
Their ideas inspired many cryptographers and computer scientists, eventually leading to Bitcoin, the first cryptocurrency powered by a public blockchain. Since then, blockchain adoption has grown across many industries well beyond financial services. The Bitcoin network has continued to evolve, with the most recent halving in April 2024 reducing the block reward to 3.125 BTC per block.
Key features of blockchain
Decentralization: Data is distributed across many nodes rather than held by a single server. Large networks like Bitcoin's are highly resistant to attacks.
Transparency: Most public blockchains are open. Anyone can inspect transaction data using a blockchain explorer.
Immutability: Once a block is confirmed, altering its data requires changing all subsequent blocks, which is computationally prohibitive.
Security: Cryptography and consensus mechanisms protect against fraud and tampering.
How Does Blockchain Work?
When Alice sends Bob some bitcoin, the transaction is broadcast to the network. Nodes verify the transaction by checking digital signatures and other data. Once verified, the transaction is grouped with others into a block. Each block contains a cryptographic hash of the previous block, linking them together. A consensus mechanism is then used to confirm and add the block to the chain.
You can think of each block as a page in a ledger. You can trace all confirmed transactions back to the very first block (the genesis block) using a blockchain explorer. This full audit trail is one of blockchain's most valuable properties.
Consensus Mechanisms
A consensus mechanism is the set of rules that allows all nodes in a network to agree on the state of the blockchain. It ensures that everyone has the same copy of the ledger, even without a central coordinator.
What is proof of work?
Proof of Work (PoW) is used by Bitcoin. Miners compete to solve complex mathematical problems. The first miner to solve the problem adds the next block and receives a cryptocurrency reward. PoW requires significant computational power and energy, which acts as a deterrent against attacks.
What is proof of stake?
Proof of Stake (PoS) is used by Ethereum (since the 2022 Merge) and many newer blockchains. Proof of Stake selects validators to create new blocks based on how much cryptocurrency they "stake" as collateral. PoS uses far less energy than PoW. Validators who act maliciously risk losing their staked funds.
Other consensus mechanisms
Delegated Proof of Stake (DPoS) allows token holders to elect delegates who validate on their behalf. Proof of Authority (PoA) uses a validator's reputation or identity rather than their stake. Many blockchains use hybrid approaches or purpose-built consensus models suited to their specific use cases.
Types of Blockchain Networks
Public blockchain
Anyone can join, participate, and view data on a public blockchain. Bitcoin and Ethereum are the most prominent examples. They are permissionless, open-source, and highly transparent.
Private blockchain
A private blockchain is controlled by a single organization. Access is restricted, and the operator sets the rules for who can read and write to the chain. While not fully decentralized, private blockchains can be useful for internal enterprise processes.
Consortium blockchain
A consortium blockchain is governed by a group of organizations rather than a single entity. Validators are pre-selected from the participating organizations. This model offers a balance between transparency and control, and is often used in industries like banking and logistics.
What Is Blockchain Used For?
Blockchain started with cryptocurrency but has since expanded into many sectors.
Cryptocurrencies
Blockchain enables peer-to-peer transactions without intermediaries. This can make cross-border payments faster and cheaper than traditional banking channels.
Smart contracts
Smart contracts are self-executing programs stored on a blockchain. They run automatically when predefined conditions are met. Smart contracts power decentralized finance (DeFi) platforms that offer lending, borrowing, and trading without traditional financial institutions.
Tokenization
Tokenizing real-world assets (RWA) such as real estate, art, or commodities means converting ownership rights into digital tokens on a blockchain. This can improve liquidity and broaden access to investment opportunities. RWA tokenization has seen significant growth through 2025-2026, with major financial institutions exploring on-chain bond and fund structures.
Digital identity, voting, and supply chain
Blockchain can underpin tamper-proof digital identity systems, helping people verify credentials and sensitive data securely. In supply chain management, each step in a product's journey can be recorded on-chain, creating a transparent and auditable record for businesses and consumers. Blockchain has also been explored for voting systems, where it could provide a verifiable and tamper-resistant record of votes, though large-scale deployment remains limited.
Blockchain and AI in 2025-2026
Combining blockchain with artificial intelligence (AI) is an emerging area of development. Blockchain can provide verifiable data provenance for AI training datasets, while AI can help analyze on-chain patterns and detect anomalies.
Layer 2 networks such as rollups and state channels have also matured significantly, reducing transaction costs and improving throughput on major blockchains. For a deeper comparison, see Layer 1 vs. Layer 2 scaling solutions.
FAQ
What is the difference between blockchain and cryptocurrency?
Blockchain is the underlying technology, a distributed ledger that records transactions. Cryptocurrency is one application built on top of it. Bitcoin uses blockchain to record transfers of bitcoin, but the same technology can record many other types of data with no cryptocurrency involved.
Is blockchain data permanent?
Once data is confirmed and added to a block, changing it would require altering every subsequent block and convincing the majority of the network to accept the change. In practice, this makes confirmed blockchain data extremely difficult to alter, though it is not literally impossible in all cases.
What is a consensus mechanism in blockchain?
A consensus mechanism is the protocol that allows all nodes in a blockchain network to agree on which transactions are valid and in what order they occurred. Common examples include Proof of Work (used by Bitcoin) and Proof of Stake (used by Ethereum).
What is a public key in blockchain?
In blockchain, each participant has a pair of cryptographic keys: a private key (kept secret) and a public key (shared openly). When you send a transaction, you sign it with your private key. Other nodes verify your identity using your public key. This ensures only the rightful owner can authorize a transaction.
How does blockchain compare to a traditional database?
A traditional database is controlled by a central administrator who can modify or delete records. A public blockchain is distributed across thousands of nodes with no central authority. Changes require network consensus. This makes blockchain more resistant to tampering and censorship, though typically slower and harder to update than a centralized database.
Closing Thoughts
Blockchain offers a new approach to storing and sharing data, one that does not require trust in a central authority. Its core properties, decentralization, transparency, and immutability, make it well-suited for applications where multiple parties need to share reliable records. For more on the challenges of balancing these properties, see our guide to the blockchain trilemma. As scaling solutions mature and real-world adoption grows, blockchain's role in finance, identity, and data infrastructure is likely to expand further.
Further Reading
What Is Bitcoin and How Does It Work?
What Is Ethereum and How Does It Work?
What Are Smart Contracts and How Do They Work?
Blockchain Layer 1 vs. Layer 2 Scaling Solutions
What Is the Blockchain Trilemma?
Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal, or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the content is contributed by a third-party contributor, please note that those views expressed belong to the third-party contributor, and do not necessarily reflect those of Binance Academy. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning, and Binance Academy Terms.
alright
Binance Announcement
·
--
Binance South Africa Exclusive: Get Your First Crypto with Zero Fees on ZAR Deposits!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a zero-fee promotion on ZAR deposits for all new users* in South Africa.
During the Promotion Period, new users* who make their first eligible ZAR deposit of at least 500 ZAR via Linked Payments in a single transaction on the ZAR deposit page will qualify for an instant discount on their transaction fees on a first-come, first-served basis.
The value of discount will be equivalent to the transaction fees incurred from the user’s first eligible ZAR deposit.
Additionally, the first 100 eligible new users who also trade any amount in any ZAR trading pairs on Binance Spot or convert any amount of cryptocurrency via their ZAR balance via Binance Convert during the Promotion Period will each receive a 10 USDT equivalent Buy Crypto Fee Voucher.
Promotion Period: 2025-04-07 08:00 - 2025-04-30 23:59 (UTC)
Deposit Now!
Note:
*New users are defined as participants who have never used Binance Fiat Deposit or Buy Crypto feature prior to 2025-04-07 08:00 (UTC). Users can only enjoy the instant fee discount once, with the discount capped at 180 ZAR per user.
How to Participate:
For users who are using the Binance App: Tap [Add Funds] on the Binance homepage. Then select [Deposit ZAR] - [Linked Payments].For users who are using the Binance website: Click [Buy Crypto] on the Binance homepage. Switch to the [Deposit Fiat] tab and select [Deposit ZAR] - [Linked Payments].For a step-by-step tutorial, please refer to this FAQ.
Once you have completed the ZAR deposit, you can get your first crypto via the following method:
Buy Crypto: Buy crypto with ZAR balance (guide)Spot Trading: Trade with ZAR trading pairs (guide)Binance Convert: Convert ZAR to crypto (guide)
Terms & Conditions:
Only eligible users whose certificates of residence or proof of address are in South Africa and have completed account verification during the Promotion Period will be eligible to join this Promotion.Promotion A:A total budget of 5,000 USDT equivalent is available for this Promotion, distributed on a first-come, first-served basis.Zero fee is only applicable to eligible users’ first eligible ZAR deposit via Linked Payments.Any deposits with zero transaction fees will not count as the first transaction.Promotion B:A total budget of 1,000 USDT equivalent is available for this Promotion, distributed on a first-come, first-served basis.A Buy Crypto Fee Voucher is provided to Binance users to help reduce the fees associated with depositing fiat or purchasing crypto on the Buy Crypto Page. This discount can be applied to any Buy Crypto channel fees during the voucher's validity period. For more details, please refer to What Are ‘Buy Crypto’ Fee Vouchers and How to Use Them.Buy Crypto Fee Vouchers will be distributed to eligible users within 3 weeks after the Promotion ends. Buy Crypto Fee Vouchers will expire within 4 weeks after distribution. Eligible users should claim their Buy Crypto Fee Vouchers before the expiration date. Learn how to use a Buy Crypto fee voucher.The Buy Crypto Fee Voucher from this promotion is multiple-use only, with the maximum discount fee amount of 10 USDT.Users must update their Binance App to version 2.96.0 or above to use Buy Crypto Fee Voucher on the App.Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms, and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, namely applicable:Changes in applicable regulations or policies;Obligations arising out of law or decisions issued by common courts or public administration;Anti-money laundering or combating financing terrorism rules;Technical issues beyond our control;Necessity to protect users from potential losses;Necessity to protect Binance from the loss of reputation;Extraordinary events or circumstances beyond our control (force majeure).Additional promotion terms and conditions can be accessed here.
Thank you for your support!
Binance Team
2025-04-07
Fellow Binancians,
Binance is excited to launch a zero-fee promotion on ZAR deposits for all new users* in South Africa.
During the Promotion Period, new users* who make their first eligible ZAR deposit of at least 500 ZAR via Linked Payments in a single transaction on the ZAR deposit page will qualify for an instant discount on their transaction fees on a first-come, first-served basis.
The value of discount will be equivalent to the transaction fees incurred from the user’s first eligible ZAR deposit.
Additionally, the first 100 eligible new users who also trade any amount in any ZAR trading pairs on Binance Spot or convert any amount of cryptocurrency via their ZAR balance via Binance Convert during the Promotion Period will each receive a 10 USDT equivalent Buy Crypto Fee Voucher.
Promotion Period: 2025-04-07 08:00 - 2025-04-30 23:59 (UTC)
Deposit Now!
Note:
*New users are defined as participants who have never used Binance Fiat Deposit or Buy Crypto feature prior to 2025-04-07 08:00 (UTC). Users can only enjoy the instant fee discount once, with the discount capped at 180 ZAR per user.
How to Participate:
For users who are using the Binance App: Tap [Add Funds] on the Binance homepage. Then select [Deposit ZAR] - [Linked Payments].For users who are using the Binance website: Click [Buy Crypto] on the Binance homepage. Switch to the [Deposit Fiat] tab and select [Deposit ZAR] - [Linked Payments].For a step-by-step tutorial, please refer to this FAQ.
Once you have completed the ZAR deposit, you can get your first crypto via the following method:
Buy Crypto: Buy crypto with ZAR balance (guide)Spot Trading: Trade with ZAR trading pairs (guide)Binance Convert: Convert ZAR to crypto (guide)
Terms & Conditions:
Only eligible users whose certificates of residence or proof of address are in South Africa and have completed account verification during the Promotion Period will be eligible to join this Promotion.Promotion A:A total budget of 5,000 USDT equivalent is available for this Promotion, distributed on a first-come, first-served basis.Zero fee is only applicable to eligible users’ first eligible ZAR deposit via Linked Payments.Any deposits with zero transaction fees will not count as the first transaction.Promotion B:A total budget of 1,000 USDT equivalent is available for this Promotion, distributed on a first-come, first-served basis.A Buy Crypto Fee Voucher is provided to Binance users to help reduce the fees associated with depositing fiat or purchasing crypto on the Buy Crypto Page. This discount can be applied to any Buy Crypto channel fees during the voucher's validity period. For more details, please refer to What Are ‘Buy Crypto’ Fee Vouchers and How to Use Them.Buy Crypto Fee Vouchers will be distributed to eligible users within 3 weeks after the Promotion ends. Buy Crypto Fee Vouchers will expire within 4 weeks after distribution. Eligible users should claim their Buy Crypto Fee Vouchers before the expiration date. Learn how to use a Buy Crypto fee voucher.The Buy Crypto Fee Voucher from this promotion is multiple-use only, with the maximum discount fee amount of 10 USDT.Users must update their Binance App to version 2.96.0 or above to use Buy Crypto Fee Voucher on the App.Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms, and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, namely applicable:Changes in applicable regulations or policies;Obligations arising out of law or decisions issued by common courts or public administration;Anti-money laundering or combating financing terrorism rules;Technical issues beyond our control;Necessity to protect users from potential losses;Necessity to protect Binance from the loss of reputation;Extraordinary events or circumstances beyond our control (force majeure).Additional promotion terms and conditions can be accessed here.
Thank you for your support!
Binance Team
2025-04-07
ເຂົ້າສູ່ລະບົບເພື່ອສຳຫຼວດເນື້ອຫາເພີ່ມເຕີມ