Nowadays, it's trending to invest in cryptocurrency. Binance is the largest cryptocurrency exchange.
In this article, I'll share Binance's important features and tools that are useful for you.
1 How to make an account on Binance
It's very easy to register on Binance.Sign up from the mobile App or website Complete your KYC so that you can withdraw, deposit, and trade.
For your account safety, 2-factor authentication must be applied.
2. Binance wallet
To secure your crypto, there's a wallet in Binance.
Spot wallet:for usual buying and selling.
Funding wallet:For different promotions and Binance Pay
Use in an earning program or to stake crypto
3 Spot trading and Futures Trading
Spot trading:
Use for quick buy or sell.
For example buy or selling in
$BTC or $USD
is easy and friendly for beginners.
Futures Trading
It is for advanced users.
There'll be profit or loss with leverage.
There should be knowledge of Market trends and technical analysis.
4. Binance Earn
You can use your crypto as a tool and earn passive income on Binance.
Flexible savings:
Keep interest and earn in the short term.
Locked staking :
Stake your crypto for a specific time and earn more profit through it.
Launch pool:
Way to gain new tokens.
The flexible savings method is best for beginners.
5. Binance Staking
Stake the proof of stake (pos) coin and get a reward through it.Take advantage of compounding interest.
There are different rewards according to risk and duration.
6. Binance learn and write to earn
Binance learn:
There are educational resources in it for beginners.
Write to earn :
According to your information, you can write articles and post to get points or rewards.
Tips:
Always write original and informative content.Use trending topics and cointag
$BNB ,
$BTC Use the questions and tips of readers. 7. Advanced Tools
Binance convert:
Convert your coin easily to another coin.
Binance p2p:
Easy buy and sell, peer to peer
Binance smart chain ⛓️💥:
For DeFi and dApps.
#defi #dApps Binance is the platform where not only can you buy or sell crypto, but you can also learn new features and tools. If you gain full information about it, you can earn passive income through it.