Master the fundamentals of crypto trading and unlock Binance points!
Successful trading starts with solid fundamentals. In this latest installment of our deep dive series, we break down 10 essential concepts every crypto trader should understand. Whether you're new to trading or looking to strengthen your knowledge, this series is your opportunity to improve your trading knowledge, contribute to the community, and earn Binance points along the way!
How to participate:
1. Check Binance Square Official every day at 08:00 (UTC) for discussion topics on the day's topic.
2. Create a post on Binance Square sharing your thoughts, experiences, or advice related to this topic.
3. Make sure your post is at least 100 characters long and includes only one topic hashtag.
Activity period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 subjects are:
· #TypesOfTrading101: Explore the differences between Spot, Margin, and Futures trading.
· #CEXvsDEX101: Compare centralized and decentralized exchanges.
· #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss, and Take-Profit orders.
· #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #TradingPairs101: Break down how trading pairs work and share how you choose the right pairs for your trading strategy.
· #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup, and share best practices for staying SAFU.
· #CryptoFees101: Discuss the different types of fees in crypto and how you optimize your transactions to reduce costs.
· #TradingMistakes101: Reflect on your experiences, what you've learned, and share any advice you would give to new traders.
· #CryptoCharts101: Explore candlestick patterns and charting basics. Share how reading charts helped your entries or exits.
· #TradingTools101: Discuss indicators like RSI, MACD, and moving averages.
