🧠 Binance Trading for Beginners: Do’s and Don’ts

✅ Do’s

1. Start Small: Begin with a small investment ($10–$50) to understand the platform and minimize risk.

2. Enable 2FA: Always turn on Two-Factor Authentication for account security.

3. Learn Before You Trade: Explore Binance Academy to understand basic crypto concepts and trading tools.

4. Use Spot Trading First: Avoid margin or futures until you’re experienced. Stick to spot trading to reduce risk.

5. Set Stop-Loss Orders: Use stop-loss to automatically sell when prices fall too much. This protects your capital.

6. Diversify: Don’t put all your money into one coin. Spread your investments across 3–5 projects.

7. Keep Records: Track your trades, profits, and losses.

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❌ Don’ts

1. Don’t Chase Pumps: Avoid FOMO (Fear Of Missing Out). If a coin spikes, it’s likely too late.

2. Don’t Trade Emotionally: Stick to your strategy. Panic buying/selling leads to losses.

3. Don’t Use Leverage (Yet): High-risk tools like margin trading or futures can liquidate your funds quickly.

4. Don’t Share Private Keys or Recovery Phrases: No Binance staff will ever ask for these.

5. Don’t Ignore Fees: Know the trading fees and network withdrawal charges before making moves.

🟢 Pro Tip: Always verify links. Use the official Binance website or app to avoid phishing scams.

Now here’s a simple visual for beginners 👇