Step 1: Create & Secure Your Binance Account $ETH
Go to binance.com and register.
Complete KYC (Know Your Customer) verification by submitting ID and selfie.
Enable 2-Factor Authentication (2FA) with Google Authenticator for security.
Set up anti-phishing code (found in "Security" settings) to avoid scams.
Step 2: Deposit Funds
Navigate to Wallet > Fiat & Spot.
Choose Deposit:
Fiat: via bank, Easypaisa/SadaPay (for PK users via P2P)
Crypto: copy wallet address and send funds (e.g., USDT via TRC20)
Use Binance P2P to buy crypto with local currency if needed.
Step 3: Understanding the Binance Interface
Go to Trade > Spot or Trade > Futures.
Understand layout:
Left panel: Order book
Middle chart: Live price movement
Right panel: Market pairs
Bottom: Order history and trade form
Step 4: Place Your First Spot Trade
Select trading pair, e.g., BTC/USDT.
Choose order type:
Market: Instantly buy/sell at best available price.
Limit: Set your own price.
Enter the amount and click Buy or Sell.
Step 5: Learn Order Types
Market Order – Fastest, no control over price.
Limit Order – Controlled price, slower.
Stop-Limit – Sets both trigger price and execution price.
OCO (One Cancels the Other) – Combines stop-loss and take-profit.
Step 6: Chart Analysis Tools (Technical Analysis)
Use TradingView chart on Binance to analyze:
Candlestick patterns
Indicators:
RSI – Detect overbought/oversold
MACD – Trend reversal signals
EMA/MA – Moving averages to track price trends
Bollinger Bands – Volatility range
Draw support/resistance levels
Step 7: Risk Management Rules
Never invest all your capital in one trade.
Use Stop-Loss for every trade.
Use Take-Profit to secure gains.
Risk only 1–2% of total capital per trade.
Track performance in a trading journal.
Step 8: Start Futures Trading (Optional for Advanced Users)
Go to Trade > Futures.
Transfer funds to your Futures Wallet.
Select leverage (e.g., 5x, 10x, etc.).
Use isolated/cross margin depending on risk appetite.
Start small. Futures = high risk due to leverage.
Step 9: Use Binance Tools
Binance Academy: Learn technicals & strategies
Binance Earn: Use idle funds in staking/yield products
Alerts: Set price alerts for trades
Binance Testnet: Practice Futures trading safely
Step 10: Emotional Control & Trading Psychology
Avoid FOMO (Fear of Missing Out).
Stick to your plan and rules.
Don’t revenge trade after losses.
Be patient—trading success grows over time.