Binance Trade signals channel

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Note this; I want y’all to be very careful with the types of coins you buy or claim. Don’t buy any coin without taking your research.

There are lotta fake and pirated coins on trust wallet nowadays as a result of pancake swap.As you all know pancake swap is decentralized, It has both advantages and disadvantages.
As it gives all users full access to it. Scammers make use of that too☹️

That’s why you have to be very careful when buying coins on your pancake swap and trust wallet, If anything happens in there you’re on your own😶

Take note very important, don’t joke with any details I’m dropping in here

Decentralized and Centralized Exchanges

Exchanges are platform that allows the trading of Cryptocurrencies i.e where you buy and sell coins.

Centralized Exchanges are exchanges that are owned by centralized or private authorities and you need to create an account and also perform a KYC verification to be able to use them. Examples of centralized Exchanges are Binance, coinbase, kucoin and the likes.

Decentralized Exchanges on the other hands are now owned by anyone, you don't need to register an account or require KYC to be able to use decentralized Exchanges. All you need is just a wallet like trust wallet that has a dapps browser to be able to connect with the decentralized Exchange. DEX has an advantage over CEX and also has some risk as well. The advantages is that it's easy to use and doesn't need KYC or registration of any kind and it's cheaper as well with less fees. The disadvantage or risk involved is that since it's decentralized, it's an opportunity for scammers to deploy scam tokens and begin to scam people buy either selling worthless tokens, rugpulling and various other risk involved. Examples of DEX are UNiswap, pancakeswap, burgerswap, julswap etc.


Best and Credible Exchanges to use
• Binance
• Coinbase
• Kucoin
• Huobi
• Okex
• FTX Pro


Please note that some exchanges are scams and it's not all exchange you open an account with because your details might be hacked or exploited

We basically have two types of wallet

• Software Wallet
• Hardware Wallet


As the name suggest software wallet are basically softwares or apps than guy can use to store your cryptocurrencies while hardware wallet are hardware devices that you can use to store your cryptocurrencies.

Types of software wallet are trust wallet, metamask, safepal wallet, coinbase wallet and the list goes on. However the best software wallet is TRUST WALLET


Hardware east in the other hand is the most safest and secure method of storing your crypto especially if you are a hodler. The private keys are never exposed rather they are stored on the device and can't be hacked by malware or virus.

Examples of hardware wallet are ledger nano s or nano x, trezor one or trezor t