A detailed explanation of each section in the Binance app in a simplified way.
1. Home Page (Home):
Purpose: This is the page where you will see the most important news, offers, and new features.
Contents:
Market News: You will learn about the latest market movements and news about cryptocurrencies.
Offers: If there are any offers or discounts on purchasing specific coins.
2. **Trading (Trade):
Purpose: Here you can buy and sell cryptocurrencies.
Contents:
Spot Trading: You can buy and sell cryptocurrencies instantly. This means you buy a coin and sell it right away.
Margin Trading: This is for those with more experience. Here you can buy a coin using borrowed funds, but you have to be cautious because it's risky.
* **Futures: This is a type of trading in the future, allowing you to trade based on predictions of future coin prices.
3. My Wallet (Wallet):
Purpose: This is your wallet, where you store your cryptocurrencies.
Contents:
Deposit: You can deposit cryptocurrencies from your wallet or from another person.
Withdraw: You can withdraw cryptocurrencies to another wallet or to another person.
Balance: You will see your balance in the various cryptocurrencies you have.
To be continued in a later post#.....
