1. Account Creation & Verification

You must sign up and complete KYC (Know Your Customer) verification to access full trading features.

2. Depositing Funds

Deposit crypto or fiat (like USD, EUR) into your Binance wallet via bank transfer, credit card, or crypto deposit.

3. Choosing a Market

Binance supports multiple trading types:

Spot Trading – Buying/selling crypto at current market prices.

Margin Trading – Borrowing funds to trade larger positions.

Futures Trading – Trading contracts that speculate on crypto price movement.

P2P Trading – Directly buying/selling crypto with other users.

4. Placing Orders

You can use various order types:

Market Order – Executes immediately at current market price.

Limit Order – Executes when the price reaches your specified level.

Stop-Limit/Stop-Market – Used to minimize loss or lock in profit.

5. Trade Execution

Once an order is placed, Binance matches it with another user’s order in the order book.

If matched, the trade is executed, and funds are adjusted in your account.

6. Monitoring & Managing Trades

Use the Binance interface to monitor open orders, trade history, and account balance.

You can also set alerts, use technical indicators, and track performance.

7. Withdrawing Funds

After trading, you can withdraw to an external wallet or bank account, depending on the currency.