If you want to start in the field of cryptocurrencies and don't know where to begin, you are in the right place! In this article, I will tell you how to register on Binance, buy your first cryptocurrency, and start trading while understanding every button you click.
1. Register on Binance
Go to the official Binance website.
Click on "Sign up."
Register with an email or phone number.
Verify your account via email or message.
2. Enable security
Enable two-factor authentication (2FA).
Enable protection via messages.
Don't skip the security step, the market is unforgiving!
3. Deposit money (the first real step)
You can deposit in Egyptian pounds via P2P.
Choose "Buy Crypto" > "P2P Trading."
Buy USDT from a trusted person.
The money will be transferred to your wallet on the platform.
4. First trading deal
Go to "Trade" > "Spot."
Choose a pair like BTC/USDT.
Set the amount and click Buy or Sell according to the direction.
Types of orders:
Market Order: Immediate execution.
Limit Order: Set the price at which you want to buy or sell.
Stop Limit: To protect yourself from losses.
5. Important tips for beginners
Don't invest all your capital at once.
Always set a Stop Loss.
Follow the news to know where the market is heading.
Conclusion:
It's easier than you think if you take it step by step. And there's no harm in trying with a small amount and learning from your mistakes. The most important thing is to start and grow over time.
