Quick Tips for New Traders on Binance
1. Start Small: Only invest what you can afford to lose.
2. Learn First: Understand basics like market orders, limit orders, and stop-loss.
3. Use 2FA: Always enable two-factor authentication for better security.
4. Avoid FOMO: Don’t chase pumps; trade with a plan.
5. Stick to Major Coins: Start with Bitcoin, Ethereum, or stablecoins before trying small altcoins.
6. Set Stop-Loss: Protect yourself from big losses automatically.
7. Stay Updated: Follow Binance announcements and market news.
8. Don't Overtrade: Quality trades matter more than quantity.
9. Use Demo Accounts: Try Binance Futures testnet before real trading.
10. Keep Emotions in Check: Stay calm, whether winning or losing.
