Alright, let's condense 10 years of Binance knowledge into 5 minutes. Here’s a breakdown of the essentials:
1. Binance Basics (0-1 min)
Binance is the world's largest crypto exchange.
You can buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, etc.
KYC (Know Your Customer) is required for full access.
2. Spot Trading (1-2 min)
Buy Low, Sell High: Simple rule of trading.
Market Order: Buy/sell instantly at current price.
Limit Order: Buy/sell at a specific price you set.
Stop-Loss: Automatically sell to prevent big losses.
3. Futures & Margin Trading (2-3 min)
Futures: Predict price movements with leverage (e.g., 10x). High risk, high reward.
Margin: Borrow money to trade more. Risky if the market moves against you.
4. Passive Income (3-4 min)
Staking: Lock coins and earn interest.
Launchpad: Invest early in new projects.
Earn (Flexible/Fixed): Lend crypto and earn rewards.
5. Security & Tips (4-5 min)
Enable 2FA (Google Authenticator) to secure your account.
Use Cold Wallets (like Ledger) for big holdings.
Watch for Scams: Never share your seed phrase!
Now you have a strong foundation. What do you want to dive deeper into?