📌 5 common mistakes beginners make on Binance (and how to avoid them)
Getting into Binance is exciting, but it can also be overwhelming if you're just starting. To save you headaches, here are the 5 most common mistakes I see among beginners:
1️⃣ Not activating 2FA verification (Google Authenticator or SMS)
👉 This puts your funds at risk. Security should come first.
2️⃣ Buying without researching the project
👉 Many get carried away by the “hype” and end up buying any token just because it’s “rising.” Always research first.
3️⃣ Not understanding orders (market, limit, stop-limit)
👉 Buying/selling incorrectly can cost you money. Learn the difference and use them to your advantage.
4️⃣ Putting all funds into a single crypto
👉 The classic mistake: zero diversification. A strong drop can make you lose a large part of your capital.
5️⃣ Leaving cryptos idle without using them in Earn or Staking
👉 If you don’t need to sell, you can generate passive income by taking advantage of these functions.
✨ Final advice: Before trading heavily, start in simulator mode or with a small amount of money. Gaining experience is worth more than any quick profit.