JOIN BINANCE NOW
Naturally, there is always some degree of risk involved with any investment. However, the risk is greatly increased in cases where the investor becomes unexpectedly involved in Ponzi or pyramid schemes, which are deemed as illegal in many countries. Therefore, being able to identify these schemes and to understand how they work is of great importance.
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To trade over 300 different cryptocurrencies visit Binance Exchange: https://www.binance.com
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About Binance
Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet and Charity.
Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike. For more information, visit: https://www.binance.com
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Common Scams
Pyramid schemes, phishing sites and phishing e-mail campaigns and fake wallet software. Are all these terms new to you? Be sure to watch this movie! You know what’s going on? Look and watch this video to expand your knowledge.
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What is a 51% Attack? Explained for beginners
A 51% attack is a potential attack on a blockchain network, where a single entity or organization is able to control the majority of the hash rate, potentially causing a network disruption.
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Keeping your Private Keys Secure
Public and private keys – how to use the former one on your daily basis and how to protect the latter against access by an unauthorized persons. Security precautions in cryptocurrency world are a must! Without them you will quickly lose your funds. For the purpose of educating yourself, watch this video and everything will become clear and simple.
