๐ก 1. Security First
Enable 2FA (Google Authenticator or Authy โ avoid SMS where possible).
Set up Anti-Phishing Code in your account settings so phishing emails are easier to spot.
Keep your withdrawal whitelist on so coins can only go to approved wallets.
๐ฐ 2. Start Small
Begin with small trades to understand how orders, fees, and market movement work.
Avoid going โall inโ on one coin โ start with stablecoins like USDT/USDC or top cryptos like BTC/ETH.
๐ 3. Learn the Basics of Trading
Spot Trading: Buying/selling coins you own. Safe for beginners.
Limit Orders: You set the price you want; trade executes when market matches it.
Market Orders: Executes instantly at the current price (can be risky in volatile markets).
Avoid Leverage until you fully understand margin/liquidation risk.
๐ 4. Keep an Eye on Fees
Pay trading fees with BNB for a discount (enable in settings).
Withdraw larger amounts less often to save on network fees.
๐ 5. Use Binance Tools
Earn: Stake coins for passive income.
Convert: Quickly swap small amounts without complex charts.
Launchpool: Farm new tokens for free by staking BNB or other coins.
Auto-Invest: Dollar-cost averaging (DCA) for long-term holding.
๐จ 6. Avoid Scams
Binance staff will never DM you for passwords, codes, or transfers.
Be wary of Telegram/WhatsApp โsignalsโ or fake giveaways.
Always double-check website URLs (official: binance.com).
๐ 7. Keep Records
Track your buys, sells, and transfers for taxes & portfolio management.
Consider using tools like CoinTracking or CoinStats for automation.
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