newbiesguideline

When you step into the world of Binance, one name keeps popping up, BNB. But what
exactly is BNB? Why does it matter so much on Binance? If you’re just getting started, don’t
worry, here is a complete guide.
What Is BNB?
BNB stands for “Build and Build” (it originally meant “Binance Coin”).
It’s a cryptocurrency created by Binance in 2017 to power its growing ecosystem. In short,
BNB is the official token of Binance. Think of it like the heart that keeps Binance alive and
moving.
Initially, BNB was launched as an ERC-20 token (on the Ethereum network), but later,
Binance created its own blockchain — the BNB Chain — and moved BNB there. Today,
BNB is one of the biggest cryptocurrencies in the world by market value.
Key Uses of BNB
BNB isn’t just sitting in your wallet looking pretty. It’s a working coin with multiple
real-world uses inside and outside Binance. Here’s where it shines:
1. Trading Fee Discounts
When you trade on Binance, you normally pay a small fee. But if you pay those fees using
BNB, you get a special discount.
Bottom Line: Holding BNB can save you money every time you trade!
2. Transaction Fees on BNB Chain
If you ever use decentralized apps (DApps) or DeFi services built on the BNB Chain, you’ll
need BNB to pay transaction fees, just like you need ETH for Ethereum.
3. Participating in Launchpads and Launchpools
Want early access to hot new crypto projects? Binance Launchpad and Launchpool often
require you to hold or stake BNB to join and earn new tokens.
4. Payment Services
BNB is accepted by many companies for payments , like paying for travel, shopping online,
and even buying virtual gifts. Binance Pay and other services make it easy to spend your
5. Earning Passive Income
You can stake, lend, or farm BNB on Binance Earn to generate passive income. Instead of
letting your BNB sit idle, you can put it to work and watch it grow.
Why BNB Matters on Binance
You might wonder: Why does Binance push BNB so much?
Here’s the deal:
1. Ecosystem Growth
BNB powers the entire Binance ecosystem. Whether it’s Binance Exchange, Binance Smart
Chain, Binance NFT Marketplace, or DeFi platforms, BNB connects everything together.
2. Loyalty and User Rewards
Binance rewards loyal users who hold BNB with lower trading fees, better access to
promotions, and VIP programs. It creates a tight-knit, active community.
3. Burning Mechanism
Every quarter, Binance burns (permanently destroys) a portion of BNB.
This reduces the total supply over time, making BNB scarcer — and when something gets
scarcer, its value often goes up.
4. Strategic Expansion
With BNB at its center, Binance can innovate faster — launching new blockchains, new
financial products, and even expanding globally without depending on outside tokens.
How to Get BNB
If you’re convinced BNB is a must-have, here’s how you can grab some:
● Buy BNB directly on the Binance app or website using your debit card, credit card, or
fiat deposit.
● Trade other cryptocurrencies like Bitcoin or Ethereum for BNB.
● Earn BNB by joining Binance Earn programs, Launchpools, or even referral bonuses.
Quick Beginner Tips for BNB
● Always keep a small amount of BNB in your Binance account to pay trading fees
easily.
● If you’re using the BNB Smart Chain (BSC), you’ll need BNB for every transaction,
just like gas for a car.
● Watch out for Binance promotions that require BNB holdings — they often offer great
bonuses!
Final Thoughts
BNB is way more than just a token — it’s the lifeblood of the Binance ecosystem.
Whether you’re saving on fees, diving into DeFi, staking for rewards, or grabbing a new
token early BNB makes it all happen.
If you’re serious about making the most of your Binance experience, BNB should be at the
top of your must-know list.
Start small, stay safe, and use BNB smartly.
The more you learn about BNB today, the more powerful your crypto journey becomes
tomorrow!
UP NEXT:
Episode #6
How to use Binance Safely: Tips for Beginners
#Newbiesguideline #SaylorBTCPurchase
#TrumptaxCuts
#XRPETFs
@Binance Square Official

Spot trading is one of the most popular ways to buy and sell cryptocurrencies on Binance. It’s simple, fast, and great for beginners. In this article, you’ll learn what spot trading is, how it works, and how you can use it to start earning with your crypto—safely and confidently.
What Is Spot Trading?
Spot trading means buying or selling a cryptocurrency instantly at the current market price, also called the “spot price.” When you buy a coin, it’s transferred directly into your wallet and becomes yours immediately—no waiting, no contracts.
For example, if you buy 1 BNB at $500 in spot trading, you own it right away and can sell it anytime you want.
Why Use Spot Trading on Binance?
Here’s why millions of users prefer Binance Spot Trading:
Fast and Easy: Instantly execute trades with a few clicks.Low Fees: Binance offers some of the lowest trading fees in the crypto industry.
Hundreds of Pairs: Trade major coins like BTC, ETH, BNB, or explore altcoins.
Full Ownership: You control your assets after every trade.
How to Start Spot Trading on Binance (Step-by-Step)
Step 1: Log In to Your Binance Account
Go to the Binance homepage or app and log into your account. If you don’t have one, check out Episode2
to learn how to create one.
Step 2: Go to the Spot Market
Click “Trade” and select “Spot.” You’ll see a trading dashboard with charts, pairs, and order types.

Step 3: Choose a Trading Pair
For example, if you want to trade USDT for BNB, select the BNB/USDT pair.

Step 4: Place an Order
You can choose from different order types:
Market Order: Instantly buy/sell at the current priceLimit Order: Set your preferred price; trade executes when price hits your level
Stop-Limit Order: Set a trigger price to automatically place a limit order when that level is reached.

Step 5: Complete Your Trade
Once the trade is executed, your crypto will show in your Spot Wallet.
Tips for Beginners
Start Small: Begin with a small amount to get comfortable with the platform.Avoid FOMO: Don’t buy just because prices are rising. Analyze and decide wisely.Use Stop-Loss: Protect your trades by setting a stop-loss to limit your risk.Track Fees: Reduce trading fees by using BNB to pay fees or upgrading your account level.
Final Thoughts
Spot trading on Binance is the first big step into the crypto world. It’s simple enough for beginners but powerful enough for serious investors. By learning how to place orders, manage risks, and use the Binance interface properly, you’re setting yourself up for long-term success in crypto.
Coming Up in Episode #5:
What Is BNB and Why It Matters on Binance
Stay tuned to learn how $BNB powers the Binance ecosystem, helps reduce your trading fees, and plays a key role in earning and investing.
#Newbiesguideline #TariffPause #BinanceHODLerSIGN
@Binance Square Official @Binance Wallet @Binance Margin

Binance Web3 Wallet Setup Guide
The Binance Web3 Wallet is a secure, self-custody wallet built directly into the Binance mobile app. Unlike regular exchange wallets, it gives you complete control over your digital assets and private keys. Launched in 2023, it offers easy access to DeFi, NFTs, and dApps—without needing to leave the Binance ecosystem.
With this wallet, you can send and receive crypto, earn rewards, connect to dApps, and manage your portfolio securely. But remember—since it’s self-custody, you’re fully responsible for keeping it safe and backed up.
Step 1: Install the Binance App and Create an Account
• Download the official Binance app from the App Store or Google Play.
• Open the app and sign up using your email or phone number, or log in if you already have an account.
• Complete identity verification (KYC) to access all wallet features.

Step 2: Open the Web3 Wallet
• Launch the Binance app and tap on “Wallets” at the bottom.
• Select the “Web3 Wallet” option.
• If you don’t see it, make sure your app is updated to the latest version.

Step 3: Create Your Wallet
• Tap “Create Wallet”.
• Set a strong recovery password—this is needed for backup and recovery.
• Binance uses MPC (Multi-Party Computation) instead of seed phrases for added security.
Important: Binance cannot help recover your wallet if you forget the password.

Step 4: Back Up Your Wallet
Choose one or both backup options:
1. Cloud Backup
• Available via Google Drive (Android) or iCloud (iOS).
• Log in, allow access, and use your recovery password to encrypt the backup.
2. QR Code Backup
• Save or print the QR code and store it safely offline.
• It requires your password and Binance login to work.
Tip: Use both backup methods for better security.

Step 5: Strengthen Your Security
• Keep your recovery password safe—offline or in a password manager.
• Don’t share your backup or recovery info with anyone.
• Use only the official Binance app or website.
• Enable 2FA and biometric locks (face/fingerprint unlock).
• Always double-check wallet addresses before sending crypto.
Reminder: Self-custody means full control—and full responsibility.

Step 6: Use Your Wallet Features
After setup, you can explore the wallet’s features:
Dashboard
• Shows your wallet balance and assets.
• Access options to Send, Receive, or Transfer crypto.
Swap and Markets
• Use Swap to exchange tokens instantly.
• Check live prices and basic charts in the Markets section.
dApps Access
• Browse and use dApps through the Discover tab.
• Your wallet connects automatically to supported decentralized apps.

You’re Ready to Go
With your Web3 Wallet set up and secured, you’re now free to explore the world of decentralized finance, NFTs, token swaps, and more—right inside the Binance app.
Welcome to Web3. You’re in control now.
#newbiesguideline #Write2Earn #MarketRebound #TrumpVsPowell #USChinaTensions

So, you’re ready to dive into crypto? Buying your first cryptocurrency on Binance is easier
than it looks—no advanced trading skills needed. In this guide, we’ll walk you through the
exact steps to purchase crypto on Binance using a debit/credit card, bank transfer, or even
peer-to-peer (P2P) trading.
Step 1: Log In or Sign Up
First things first—make sure you have a Binance account. If not, create one at binance.com.
After signing up, verify your identity (KYC) to unlock full features like fiat deposits, spot
trading, and P2P.
Tip: Enable 2FA (Two-Factor Authentication) for added security.
Step 2: Go to ‘Add Funds’
Once you’re logged in:
● Hover over the “Buy Crypto” option on the top menu.
● Choose your preferred payment method:
○ Credit/Debit Card
○ Bank Transfer
○ P2P Trading
○ Third-Party Payments (e.g., Simplex, Banxa)

Step:2

step2
Let’s break down each method:
Option 1: Buy with a Credit/Debit Card
This is the quickest and most beginner-friendly way.
1. Select “Credit/Debit Card”.
2. Choose your fiat currency (e.g., USD, EUR, PKR).
3. Enter the amount you want to spend.
4. Select the crypto you want to buy (e.g., BTC, ETH, USDT).
5. Add your card details and complete the purchase.
Note: Some banks may block crypto purchases. Use cards from crypto-friendly banks for smoother transactions.

Option 2: Bank Deposit
If you prefer lower fees:
1. Choose “Bank Deposit”.
2. Select your currency and payment method (SEPA, SWIFT, etc.).
3. Follow the on-screen instructions to send funds from your bank.
4. Once deposited, go to the Convert or Spot section to buy crypto.
Option 3: Use Binance P2P
Want zero fees and local payment methods? Try P2P:
1. Go to Buy Crypto > P2P.
2. Choose your local currency.
3. Browse verified sellers with your preferred payment method (e.g., Easypaisa,
JazzCash, UPI).
4. Enter the amount and place an order.
5. Pay the seller directly and click “Transferred, notify seller.”
6. Once confirmed, the crypto is released to your Binance wallet.
Pro Tip: Always trade with verified users (green badge) and read their terms
before proceeding.

Step 2

Step 3: Check Your Wallet
After your purchase, you can view your crypto in:
● Wallet > Funding (for P2P purchases)
● Wallet > Fiat & Spot (for card or bank transfers)
You’re now officially a crypto holder—congrats!
Final Thoughts
Whether you go the card route for speed or P2P for flexibility, Binance makes it simple for
anyone to get started with crypto. Just follow the steps, double-check your recipient details,
and never share your credentials with anyone.
@blueshirt666

#Newbiesguideline #CryptoMarketCapBackTo$3T #MarketRebound
#BinanceHODLerHYPER
#TrumpVsPowell

What Is Binance?
Binance is an online platform where people can buy, sell, and store cryptocurrencies. Whether you’re trading Bitcoin ($BTC), Ethereum ($ETH), or hundreds of other digital coins, Binance gives you the tools to do it, all from your phone or computer.
Founded in 2017 by Changpeng Zhao (CZ), Binance quickly became a trusted global platform, now serving over 200M+ users in more than 200 countries.
You can install Binance viva App Store or Playstore
Want to Earn from Crypto? Here’s What Binance Lets You Do?
Binance isn’t just a place to buy crypto, it’s a full ecosystem. Here’s what users can do:
• Buy and Sell Crypto – Instantly trade coins using bank cards, P2P, or crypto wallets.
• Spot Trading – Trade crypto pairs like BTC/USDT using real-time charts and tools.
• Futures Trading – For advanced users who want to trade with leverage.
• Earn Passive Income – Use Binance Earn or Staking to grow your assets over time.
• P2P Trading – Buy directly from other users using local currency and payment methods.
• Use Binance Wallet – Securely store your digital assets with multi-layered protection.
How Binance Works (Step-by-Step)
1. Create an Account
Sign up using your email or phone number. Complete KYC (Know Your Customer) verification for full access.
Click here to create account
2. Deposit Funds
Choose to deposit crypto or fiat currency. You can add money via card, bank transfer, or P2P.
3. Start Trading
Use the Binance app or website to buy/sell cryptocurrencies. You can place a market order (buy now) or a limit order (set your price).
4. Store or Earn
Hold your crypto in your wallet or use staking/savings features to earn passive income.
5. Withdraw Anytime
You can withdraw your money back to your bank or another crypto wallet anytime you like.
Why Most Crypto Traders Prefer Binance Over Other Platforms
• Low Fees – Binance charges just 0.1% per trade (even less if you use BNB).
• Wide Range of Coins – Trade 350+ cryptocurrencies and 1600+ pairs.
• Security First – Binance protects users with 2FA, anti-fraud systems, and insurance funds (SAFU).
• Easy to Use – From beginners to pros, the platform is designed to be user-friendly.
• 24/7 Support – Available in multiple languages to help users anytime.
Conclusion
Binance is more than just a trading app, it’s your gateway to the crypto world. Whether you want to invest, trade, or earn passive income, Binance provides the tools to get started with confidence. And in upcoming episodes, we’ll walk you through each step in detail, so stay tuned
#Newbiesguideline #BinanceAlphaAlert #BinanceLeadsQ1

What Is the Binance Web3 Wallet?
The Binance Web3 Wallet is a crypto wallet inside the Binance app. Unlike regular exchange wallets, this one gives you full control of your assets. That means you hold the keys, not Binance. Launched in late 2023 during Binance’s Blockchain Week in Istanbul, the goal was simple: make DeFi easy and safe for everyone.
Most traditional Web3 wallets use seed phrases, which can be hard to manage. Binance replaces that with a more user-friendly system—integrated directly into the app. You can switch between your regular Binance account and your Web3 wallet instantly. It's built for ease, freedom, and control.
How to Set Up the Binance Web3 Wallet
Step 1: Open the Binance App

Ensure you have the latest version of the Binance app installed. Log in to your account to begin.

Step 2: Navigate to the Web3 Wallet

Tap on the Wallets tab at the bottom of the screen. Then, select the Web3 Wallet option at the top.

Step 3: Create Your Wallet

Click on Create Wallet to start the setup process.

Set a strong password for your Web3 Wallet. This password is crucial for securing access to your wallet.
Step 4: Back Up Your Wallet

After creating your wallet, it's essential to back it up. You can choose between cloud storage or a QR code backup.

If you choose cloud backup, follow the on-screen instructions to securely save your wallet.

If you select the QR code option, store the generated code in a safe location.

How to Use the Binance Web3 Wallet

Step 1: Fund Your Web3 Wallet

To add funds, tap on Transfer within the Web3 Wallet interface.

Select the cryptocurrency you wish to transfer from your main Binance Wallet to your Web3 Wallet.

Step 2: Explore Decentralized Applications (dApps)

Access the DApps section to explore various decentralized applications available through the Binance Web3 Wallet.

Choose a dApp to interact with, such as decentralized exchanges, NFT marketplaces, or DeFi platforms.

Step 3: Manage Your Assets

Under the Assets tab, you can view all your cryptocurrencies, their balances, and values.

To send crypto, tap Send, enter the recipient’s wallet address and the amount.

To receive crypto, tap Receive to get your wallet address or a QR code.

Binance Web3 Wallet vs. Other Wallets

WalletKey FeaturesSecurity MethodEase of UseMetaMaskBrowser & mobile wallet, Ethereum focusedSeed phraseModerate (manual network setup)Trust WalletMulti-chain, standalone appSeed phraseEasyCoinbase / OKX WalletExchange-based, varied featuresSeed phrase / MPCEasy (varies by app)Binance Web3 WalletBuilt-in to Binance app, multi-chain, DeFi readyMPC (no seed phrase)Very easy (one-tap setup)

Why Binance Web3 Wallet is Better Than Other Wallets

While all wallets listed offer unique advantages, the Binance Web3 Wallet strikes the best balance between security, usability, and integration. Here’s why it stands out
Seamless Integration: Unlike standalone wallets, Binance Web3 Wallet is built into the Binance app, eliminating the need to switch platforms.
Advanced Security: It uses MPC (Multi-Party Computation) which removes the risk of losing seed phrases while still maintaining full self-custody.
Wide Chain Access: Supports over 70 blockchains, more than many competing wallets.
User-Friendly Design: Ideal for beginners due to its intuitive interface and direct DeFi access.
24/7 Customer Support: Binance provides direct help, something most other wallets don’t offer.
For users already within the Binance ecosystem or new to Web3, this wallet offers the most streamlined and secure experience available today.#newbiesguideline #Write2Earn #Web3Wallet #Wallet #BinanceAlphaAlert