🚨 Top 5 Mistakes New Binance Users Make (And How to Avoid Them)

If you're new to Binance, avoid these beginner mistakes that can cost you time, money — or even your account.

👇 Here's what to watch out for:

❌ Mistake #1: Not Completing KYC

You must verify your identity or your account may be limited.

✅ Fix: Complete full KYC using a valid ID or passport.

❌ Mistake #2: Confusing Binance Wallets

Not knowing where your crypto goes after buying can be stressful.

✅ Fix:

P2P Wallet = for buying/selling via peers

Spot Wallet = for trading

Funding Wallet = for staking & rewards

Use Transfer to move between them.

❌ Mistake #3: Buying from Unverified Sources

Scammers on Telegram/WhatsApp promise cheap crypto — and disappear.

✅ Fix: Only use Binance P2P with verified sellers. Never go off-platform.

❌ Mistake #4: Writing “Crypto” in Payment Remarks

Using words like “Binance” or “USDT” in Easypaisa/Bank transfers can freeze your account.

✅ Fix: Leave remarks blank or write something like “Payment.”

❌ Mistake #5: Not Enabling 2FA Security

No extra security = high risk of getting hacked.

✅ Fix: Turn on Google Authenticator (2FA) & use a strong password.

💡 Bonus Tip:

Check out Binance’s Learn & Earn to get free crypto while learning!

🛡️ Stay smart. Stay secure. Trade safely.

✅ Found this helpful? Share it with someone starting on Binance today!

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