What is HODL in Binance?

HODL is a term commonly used by cryptocurrency investors that refuse to sell their cryptocurrency regardless of the price increasing or decreasing . It is more frequently used during a bear market when people refuse to sell their coins despite the price drop.

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What is mining Binance Academy?

Mining is the process through which cryptocurrency transactions are gathered, verified and recorded into a digital ledger known as blockchain . The work done by miners is essential for maintaining the integrity of the network and is also responsible for introducing new coins into the system.

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What is crypto Academy?

Our suite of programs teaches you everything you need to know about crypto trading and investing . From charting, to fundamental analysis, to building trading systems. Whether you are a beginner or experienced trader, you will find tools that can help you take your trading and investing game to the next level.

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How do I participate in IDO in Binance?

To enter an IDO, you will need a crypto wallet that can connect to DApps like MetaMask or Binance Chain Wallet . You will also need some crypto to buy the tokens and to pay for transaction fees. The exact crypto you’ll need will depend on the sale, and could even be LP tokens if you’re taking part in an IFO.

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