How to read Binance order book

Put simply, “HODL” means hold. To hodl is to hold onto cryptocurrency, despite the sharp increases and decreases that occur . While the term “hold” has been used in the stock and finance industry for years, “hodling” has only been around for 8 years.

A misspelling of “holding.” Hodling means “holding a cryptocurrency ” for future profits and not selling. The term came from the misspelled “I am hodling” in an early Bitcoin forum when the crypto’s price was dropping.

Binance.US does not provide information on an internal wallet offering, but you can keep your coins within your account on the exchange . It also partners with Trust Wallet, a third-party hot wallet option. You can withdraw your coins from your account onto your own hot or cold storage option at any time (for a fee).