Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Binance to Launch Spot Trading Bots Service For BTC on 22 September 2023

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Binance spot trading bots

 Binance the crypto exchange giant has announced the launching of spot trading bots for BTC/FDUSD and USDT/TRY trading pairs at 2023-9-22 02:00 (UTC).

Binance's trading bots utilize the power of quantitative strategies, such as Spot Grid Trading and Futures Grid Trading, to automate buying and selling on the Binance platform. With features like the Long/Short Grid strategy and portfolio optimization tools like the Rebalancing Bots.

Spot Grid Bots: Grid trading is a type of quantitative trading strategy that automates buying and selling on spot trading. It is designed to place orders in the market at present intervals within a configured price range.

You can use Binance Spot Grid Trading in volatile markets when prices fluctuate within a specific range. Grid Trading attempts to make profits on small price changes. Through quantitative trading, it can help you trade rationally and avoid FOMO where possible.

Future Grid Trading: This trading performs best in volatile and sideways markets when prices fluctuate in a given range. This technique attempts to make profits on small price changes. The more grids you include, the greater the frequency of trades will be. However, it comes with an expense as the profit you make from each order is lower.

Binance provides recommended parameters to help improve user experience and reduce the learning curve.  These include lower price limits, upper price limits, and grid count. With the new auto parameters function, anyone will be able to create a grid trading strategy with just one click.

Long/Short Grid is a trend-following strategy that allows users to trade with the market trend within a grid trading system. This means you can open an initial position (long or short) according to your analysis, while simultaneously placing buy-limit and sell-limit orders at predetermined intervals to capitalize on market volatility and ranging conditions.

Rebalancing Bots: The Rebalancing Bot will automatically adjust your portfolio position in the token combination of your choice. By buying low and selling high, your strategy can maintain the same ratio of asset values through rebalancing at preset intervals or thresholds.

Auto-Invest: This allows you to automate crypto investments and grow your crypto holdings. It is a dollar-cost averaging (DCA) investment strategy. You can choose the cryptocurrencies you want to purchase on a daily, weekly, bi-weekly, or monthly basis. Your purchase BNB will be automatically deposited into BNB Vault, and the other crypto purchased will be deposited to your Simple Earn Flexible Products account,  so you can earn daily rewards with your deposited digital assets. 



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