imanebouazza
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#Binance
#BinancePizzaVN
#BinanceSquareFamily $ETH
Day 4 – How to Execute Your First Trade on Binance (No Money Experience)
Step 1: What is a Paper Trade?
A paper trade is a trading process that does not involve real money, helping you learn how to buy and sell without risk.
Step 2: How to Use the "Trading Simulator" or "Paper Trading" Mode?
1. Use a website or app that provides free trading simulation (like TradingView or Binance Testnet).
You can create a free demo account there.
Virtual funds are available for trading.
2. Quick practical explanation on Binance Testnet:
Log into Binance Futures Testnet
Sign in or create a new account for the demo.
You will receive virtual funds.
Try opening buy and sell trades easily.
Step 3: Steps to Execute a Simple Buy Trade:
Choose a trading pair like ETH/USDT.
Select the order type: "Market" (current market price).
Enter the purchase amount (e.g., 10 USDT).
Click "Buy/Long".
Watch how the trade is executed immediately.
Today's Exercise:
Register at Binance Futures Testnet (link above).
Open a buy trade at market price.
Watch the price change and try selling in the same way.
#BinancePizzaVN
#BinanceSquareFamily $ETH
Day 4 – How to Execute Your First Trade on Binance (No Money Experience)
Step 1: What is a Paper Trade?
A paper trade is a trading process that does not involve real money, helping you learn how to buy and sell without risk.
Step 2: How to Use the "Trading Simulator" or "Paper Trading" Mode?
1. Use a website or app that provides free trading simulation (like TradingView or Binance Testnet).
You can create a free demo account there.
Virtual funds are available for trading.
2. Quick practical explanation on Binance Testnet:
Log into Binance Futures Testnet
Sign in or create a new account for the demo.
You will receive virtual funds.
Try opening buy and sell trades easily.
Step 3: Steps to Execute a Simple Buy Trade:
Choose a trading pair like ETH/USDT.
Select the order type: "Market" (current market price).
Enter the purchase amount (e.g., 10 USDT).
Click "Buy/Long".
Watch how the trade is executed immediately.
Today's Exercise:
Register at Binance Futures Testnet (link above).
Open a buy trade at market price.
Watch the price change and try selling in the same way.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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