1. Create an Account:

Go to Binance.com or use the Binance app.

Sign up using your email and password.

Complete KYC (verification) – submit your ID and a selfie.

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2. Deposit Funds:

You can fund your Binance wallet in two main ways:

Crypto Deposit: Send crypto (like USDT, BTC) from another wallet.

P2P Trading: Buy crypto directly from other users using your local currency (e.g., BDT).

Note: Direct BDT deposits aren’t supported, so P2P is commonly used in Bangladesh.

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3. Understand the Markets:

Binance has several trading types:

Spot Trading: Buy/sell crypto directly at current prices.

Futures Trading: Trade based on the future price of crypto (higher risk and reward).

Margin Trading: Trade using borrowed money (risky and charges interest).

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4. How to Trade:

(a) Spot Trading (most beginner-friendly):

Market Order: Buy/sell instantly at current market price.

Limit Order: Set your desired price – order executes when the market hits it.

Stop-Limit Order: Used to trigger buy/sell at a specific price range (often for stop-loss).

Example:

BTC is now $61,000. You want to buy at $60,000.

Place a Limit Buy Order at $60,000.

The order will only complete when the price drops to $60,000.

(b) P2P Trading:

Go to the P2P section.

Choose a seller with a good rate and reputation.

Send payment through local bank or mobile wallet.

Once payment is confirmed, the seller releases the crypto.

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5. Safety Tips:

Use 2FA (Google Authenticator) for better security.

Never share your passwords or recovery codes.

Don’t click on unknown links or phishing emails.

Don’t use Futures or Margin unless you fully understand the risks.

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6. Common Terms:

USDT: A stablecoin, equal to USD – easy to trade with.

BTC/USDT: Buying Bitcoin using USDT.

"Buy low, sell high" is the basic profit strategy.