A Guide for Beginners! Binance Terms Worth Learning

This post will teach you the basic!

It is your first time on #Binance or You are new to the world of crypto & Blockchain technology, relex an read!!!

(A) #Spot Trading

Purchasing or selling crypto at the price shown on the market.

For Instance: If you purchase 1 $BNB at a price of $600 in the spot market, you are now a proud owner of it: this is simple and straightforward.

(B) Limit Order

You list the price at which one wishes to purchase or sale a coin.

Example: You want to buy $ETH only falling to 3,000 dollars? Keep a limit order and wait- it will execute only when reached the price target.

(C) #USDT (Tether)

A stablecoin on par with a 1 US dollar.

Why it matters: This is because traders use USDT to hedge gains to weather out the crypto volatility.

Stay Connected for learnig more!!!!!!