#Binance To use Binance well, here are some essential tips:
1. Secure your account
Enables two-factor authentication (2FA) (Google Authenticator or SMS).
Regularly check connected devices and permissions.
Enable anti-phishing code to prevent fraudulent emails.
2. Understand the basic features
Quick Buy/Sell: Use the “Convert” mode to buy and sell without going through the advanced trading interface.
Spot Trading: Allows you to buy/sell cryptos with market or limit orders.
Futures & Margin: Avoid if you are a beginner, as it involves leverage and high risks.
3. Optimize costs
Enables payment of fees with BNB for a discount (usually -25%).
Use limit orders instead of market orders to avoid high fees.
Join the referral program to get discounts.
4. Secure and manage your funds
Don't leave all your crypto on Binance, consider transferring some to a secure wallet (Ledger, Trust Wallet).
Learn how to use BEP20 or ERC20 network withdrawals to minimize fees.
Verify the withdrawal address before any transaction.
5. Generate passive income
Explore Binance Earn to stake certain cryptos and earn interest.
Use Launchpad and Launchpools to participate in projects in the launch phase.
6. Stay informed and vigilant
Follow Binance official announcements to avoid scams.
Check tokens before investing: beware of “shitcoins” and pump & dump.
Never share your private keys or password.