Getting Started with Binance Trading
To begin trading on Binance, first download the Binance app from the Play Store. Once installed, create an account and complete the necessary KYC verification. Navigate to the “Trade” section on the main screen. Select a trading pair (e.g., BTC/USDT) by tapping the top left corner. Choose your order type:
Market Order – executes immediately at the current market price.
Limit Order – lets you set a specific price for buying or selling.
Stop-Limit – useful for automated risk control.
Next, enter the amount you want to trade and tap “Buy” or “Sell”.
⚠️ Risk Management Tips
Set a Stop-Loss to limit potential losses.
Never invest more than you can afford to lose.
Use 2FA (Two-Factor Authentication) to secure your account.
Keep up with market news and do your own research (DYOR).
Diversify your portfolio: Don’t put all your eggs in one basket.
Pro Tip: Start with a demo account or trade with small amounts to gain experience.
Remember: Trading is risky but manageable with discipline and strategy.