What is trading? How to create and verify an account? (Beginner's guide)
In today's era, online trading is a popular means through which people invest in Forex, stocks, or cryptocurrencies. If you are new to this field, this post will be useful for you.
1. What is trading?
Trading means buying something at one price and later selling it at a higher price to make a profit. Most people invest in cryptocurrencies (like Bitcoin), stocks, or foreign exchange in online trading.
2. How to create an account?
To start trading, you first need to create an account on a reliable platform (like Binance, OKX, or KuCoin).
Steps to create an account:
Visit the website or app (e.g., www.binance.com)
Click on 'Sign Up'
Enter your email or phone number
Create a strong password
Verify via email or SMS after creating the account
3. How to do verification (KYC)?
Verification means confirming your identity so that you can legally use the platform.
KYC steps:
Log in to your account and click on 'Identification' or 'Verify'
Provide your personal information (name, date of birth, country, etc.)
Upload a picture of your national ID card, passport, or driving license
Complete a selfie or video verification
Verification usually completes within 24 hours
4. Before starting trading:
Invest on a small scale
Learn basic and technical analysis
Only invest money that you can afford to lose
Conclusion:
There is profit in trading, but there is also risk.
Therefore, learn, be patient, and act wisely.
