#HowtoEarn on
#Binance from
#SpotTrading (Full Guide) step by step
1. Register & Set Up Your Binance Account
Sign up at binance.com, verify your identity (KYC), and activate 2FA for extra security.
2. Fund Your Account
You can deposit crypto from another wallet or buy with fiat using a credit/debit card, bank transfer, or P2P trading.
3. Learn the Basics of Spot Trading
Spot trading means buying crypto at the current market price and selling it later when it increases. No leverage or borrowing is involved, so it’s less risky.
4. Explore the Spot Market
Go to “Trade” > “Spot” on Binance. You’ll see charts, buy/sell options, and different trading pairs like BTC/USDT, ETH/BUSD, etc.
5. Analyze the Market
Use basic chart analysis, look for price trends, and check news. You can also use free indicators like Moving Averages, RSI, or MACD for better timing.
6. Buy Crypto (Entry Point)
Use a limit order to buy at a specific low price, or a market order to buy instantly at the current price.
7. Sell for Profit (Exit Strategy)
Sell when the price increases using limit orders. Always have a profit target in mind.
8. Use Stop-Loss Orders
Protect your capital by setting a stop-loss that will automatically sell your asset if the price drops too much.
9. Start Small & Grow
Begin with small amounts and gradually increase as you gain experience and confidence.
10. Keep Learning & Improving
Follow crypto news, join Binance Academy, and track your trades to learn from your wins and losses.
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