What is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
What is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
How to play the perpetual contract (the most authoritative) translation
A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...
What is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
What is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
How to play the perpetual contract (the most authoritative) translation
A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...
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NFT, non-homogenized token, is a type of data unit on a digital ledger known as a blockchain, where each token can represent a unique digital profile that serves as an electronic authentication or certificate of ownership of a virtual good. Due to their non-fungible nature, non-homogenised tokens can represent digital assets such as paintings, artworks, sounds, videos, items in games or other forms of creative works. (1) Common NFT scam methods (1) Buying a pirated NFT collection When buying, you need to confirm that the NFT is from the correct collection item, which can be judged by the item's blue tick certification, number of issues, etc. ②Fake NFT websites If you are interested in investing in NFTs, you first need to find a place where you can buy and sell NFTs. When you search for trading sites on the internet, thousands of search results will appear on the webpage, but many of them are fake NFT trading sites. Sometimes it can be difficult to tell the difference between a scam site and a real one, as scammers are now making fake sites look like the real thing. There are no real or valuable NFTs on the scam sites, so if you buy NFTs on them you're just wasting your money. Worse still, scammers can record all the information you enter on the site. Usually you only need to provide the MetaMask wallet address to trade, but a scammer may ask you for your ethereum wallet helper (the master key to your cryptocurrency wallet) and use the information you provide to hack your wallet and steal all your crypto assets. Choose a legitimate NFT trading site The easiest way to stay safe is to choose a legitimate NFT trading site. There are many different types of NFT, sports, video games, virtual real estate and more. In addition to the best known NFT trading platform, OpenSea, a number of other legitimate NFT marketplaces/NFT collecting sites are listed below. Art NFT: Super Rare, Foundation, Nifty Gateway, Rarible, Zora, Mintable. Sports NFT: NBA Top Shot, Sorare. Gaming NFT: Axie Infinity, Street Fighter, Myth. Virtual Real Estate NFT: Decentraland. Twitter posting NFT: Valuables. ③Trading in different cryptocurrencies As a result of trading on the same exchange many times, people may get too used to trading in the same cryptocurrency (e.g. Ether on Opensea) and lose sight of the importance of the type of currency. Someone may see such an opportunity to quote in cryptocurrencies that look similar but have much different values, and may accidentally sell the item at a very low price. ④ Inexplicable private messages and winning messages However, it is not uncommon to receive personal messages from the NFT team or the developer of the project you are currently following, telling you that you have won a prize or that the NFT project you are following has started selling in advance. Remember, don't click on the link when you receive such a message, the biggest no-no is to link your wallet to the website they provide! Almost 99% of development teams state that they will not contact individuals privately to avoid people pretending to be them, and if they do have information, most of it can be found on official communities or forums. Runaway scams A runner scam is when a person or group of people initially release a set of NFT collectibles as a way to start a larger project that is planned to unfold over time by way of game components, merchandise or events. They then run off with the millions of dollars they have raised without completing any of the actions they have promised to do, such is a runaway scam. In many cases, the scam will happen overnight, but there are other times when it's a slow and steady process and you'll find the project gradually abandoned, no longer updated and little new progress made. The best way to avoid getting caught in a runaway scam is to do your research. Research the team behind the project and assess their long-term business plans. Follow the project on Twitter, Discord or other public forums, as NFT projects should have a fairly active community of investors if they are to have good liquidity or lasting artistic value. (6) NFT portfolio packs mixed with counterfeits When you want to buy more than two NFTs on Opensea, you may think of buying more than one NFT at a time in a bundle to save on the large amount of Gas fee you will have to spend on each transaction, but be careful, you may have fallen into the trap of someone who wants to save money by using a bundle. A very common combo pack scam is to bundle three or five NFTs into a group and sell them, but when you take the trouble to check, you can easily discover their secret. (7) Buying NFTs at too high a price This can lead to sellers temporarily changing their prices without the website being updated at the same time. Buyers who are in a hurry to buy without careful confirmation may accidentally purchase the item at a high price, for example, if the seller temporarily changes the price by one digit, although the website shows a price of 0.09, they may purchase the item at 0.9 at the time of transaction. (2) How can I prevent NFT from being stolen? ① Install the latest software system and anti-virus software ②After receiving any files or links, scan or upload files to Virus Total with anti-virus software ③Create a password with high security and use double authentication ④Use a cold wallet and verify wallet security settings ⑤If someone steals your NFT, use the DMCA to file a copyright complaint ⑥If you receive a request to create an NFT, first stop and think about it and ask yourself a few questions: is the request coming from an account in good standing or a newly created account, do they have any comments in their avatar.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
NFT, non-homogenized token, is a type of data unit on a digital ledger known as a blockchain, where each token can represent a unique digital profile that serves as an electronic authentication or certificate of ownership of a virtual good. Due to their non-fungible nature, non-homogenised tokens can represent digital assets such as paintings, artworks, sounds, videos, items in games or other forms of creative works. (1) Common NFT scam methods (1) Buying a pirated NFT collection When buying, you need to confirm that the NFT is from the correct collection item, which can be judged by the item's blue tick certification, number of issues, etc. ②Fake NFT websites If you are interested in investing in NFTs, you first need to find a place where you can buy and sell NFTs. When you search for trading sites on the internet, thousands of search results will appear on the webpage, but many of them are fake NFT trading sites. Sometimes it can be difficult to tell the difference between a scam site and a real one, as scammers are now making fake sites look like the real thing. There are no real or valuable NFTs on the scam sites, so if you buy NFTs on them you're just wasting your money. Worse still, scammers can record all the information you enter on the site. Usually you only need to provide the MetaMask wallet address to trade, but a scammer may ask you for your ethereum wallet helper (the master key to your cryptocurrency wallet) and use the information you provide to hack your wallet and steal all your crypto assets. Choose a legitimate NFT trading site The easiest way to stay safe is to choose a legitimate NFT trading site. There are many different types of NFT, sports, video games, virtual real estate and more. In addition to the best known NFT trading platform, OpenSea, a number of other legitimate NFT marketplaces/NFT collecting sites are listed below. Art NFT: Super Rare, Foundation, Nifty Gateway, Rarible, Zora, Mintable. Sports NFT: NBA Top Shot, Sorare. Gaming NFT: Axie Infinity, Street Fighter, Myth. Virtual Real Estate NFT: Decentraland. Twitter posting NFT: Valuables. ③Trading in different cryptocurrencies As a result of trading on the same exchange many times, people may get too used to trading in the same cryptocurrency (e.g. Ether on Opensea) and lose sight of the importance of the type of currency. Someone may see such an opportunity to quote in cryptocurrencies that look similar but have much different values, and may accidentally sell the item at a very low price. ④ Inexplicable private messages and winning messages However, it is not uncommon to receive personal messages from the NFT team or the developer of the project you are currently following, telling you that you have won a prize or that the NFT project you are following has started selling in advance. Remember, don't click on the link when you receive such a message, the biggest no-no is to link your wallet to the website they provide! Almost 99% of development teams state that they will not contact individuals privately to avoid people pretending to be them, and if they do have information, most of it can be found on official communities or forums. Runaway scams A runner scam is when a person or group of people initially release a set of NFT collectibles as a way to start a larger project that is planned to unfold over time by way of game components, merchandise or events. They then run off with the millions of dollars they have raised without completing any of the actions they have promised to do, such is a runaway scam. In many cases, the scam will happen overnight, but there are other times when it's a slow and steady process and you'll find the project gradually abandoned, no longer updated and little new progress made. The best way to avoid getting caught in a runaway scam is to do your research. Research the team behind the project and assess their long-term business plans. Follow the project on Twitter, Discord or other public forums, as NFT projects should have a fairly active community of investors if they are to have good liquidity or lasting artistic value. (6) NFT portfolio packs mixed with counterfeits When you want to buy more than two NFTs on Opensea, you may think of buying more than one NFT at a time in a bundle to save on the large amount of Gas fee you will have to spend on each transaction, but be careful, you may have fallen into the trap of someone who wants to save money by using a bundle. A very common combo pack scam is to bundle three or five NFTs into a group and sell them, but when you take the trouble to check, you can easily discover their secret. (7) Buying NFTs at too high a price This can lead to sellers temporarily changing their prices without the website being updated at the same time. Buyers who are in a hurry to buy without careful confirmation may accidentally purchase the item at a high price, for example, if the seller temporarily changes the price by one digit, although the website shows a price of 0.09, they may purchase the item at 0.9 at the time of transaction. (2) How can I prevent NFT from being stolen? ① Install the latest software system and anti-virus software ②After receiving any files or links, scan or upload files to Virus Total with anti-virus software ③Create a password with high security and use double authentication ④Use a cold wallet and verify wallet security settings ⑤If someone steals your NFT, use the DMCA to file a copyright complaint ⑥If you receive a request to create an NFT, first stop and think about it and ask yourself a few questions: is the request coming from an account in good standing or a newly created account, do they have any comments in their avatar.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC

(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
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