🪙 What does Binance actually do?
✅ 1. Trading cryptocurrencies
You can buy and sell coins like:
Bitcoin (BTC)
Ethereum (ETH)
Solana, XRP, BNB, Dogecoin...
You can buy with a bank card or via P2P (that means directly from people).
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✅ 2. Spot trading
You buy and sell the currency in real-time, according to the market price.
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✅ 3. Margin trading (Futures)
This is for professionals. You can earn more but there is a big risk because it relies on predicting rises/falls with the potential to multiply profits or losses.
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✅ 4. Earning coins without trading (Staking)
You put a cryptocurrency and leave it for a period, and earn profits (like interest).
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✅ 5. Launchpad / Airdrops
You launch new projects in crypto, and you can participate in them and earn coins for free or at a low price.
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✅ 6. Binance P2P
You can buy coins directly from people (and pay via CCP or BaridiMob, for example), and easily convert to USDT or BTC.
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💡 Is Binance safe?
Yes, Binance has very strong security, but:
You must enable two-factor authentication (2FA)
Do not keep coins for a long time, as they say: Not your keys, not your crypto