5 TIPS for BEGINNERS on BINANCE 🪙💡
New to Binance? Here are some key tips to get started on the right foot:
🚀 1. Enable 2FA verification
Your security is the most important thing. Enable two-step authentication (Google Authenticator or SMS) to protect your account.
📊 2. Start in 'Lite' mode
The app has two modes: Lite and Pro. If you are a beginner, use Lite: it is easier to understand and doesn’t overwhelm you with too many charts.
🪙 3. Don’t invest what you are not willing to lose
Start with small amounts, even $10 USD, just to learn how the platform and the market work.
🔍 4. Learn before trading
Take a couple of days to explore the Binance Academy section, read, watch tutorials, and understand basic concepts like 'spot' and 'futures'.
⏳ 5. Patience and discipline
Don’t let fear or excitement take over. Learn to place limit orders and have a clear goal before entering.
💬 Are you already using Binance? Tell me what advice you would add for newcomers! 👇
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