📌 How to Trade BNB (Step by Step)

✅ 1. Learn About BNB

BNB is the native token of the Binance exchange.

It is used to reduce fees, make transactions, in Earn products, and in DeFi apps.

✅ 2. Determine the Type of Trading

What type of trade will you do?

Spot Trading: You are buying/selling real BNB

Futures Trading: You are speculating whether the price of BNB will go up or down (high risk)

P2P Trading: Direct transactions with another user

✅ 3. Go to Binance to Trade BNB

Open the Binance app

Click on the "Trade" option below

Type in the search bar: BNB/USDT (or any pair)

Then choose Buy or Sell

✅ 4. What to Look for While Trading

📊 Analyze before trading:

Look at the Trend: Is BNB going up or down on the chart?

Support & Resistance: At what price has it previously stalled?

You can use RSI/EMA.

✅ 5. Trade Management

Set a Stop-Loss: This will help reduce losses if the price goes in the opposite direction

Set a Target Profit: Keep a profit target

Take Less Risk: Do not take more than 1-2% risk.