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Can anyone explain Copy trading in steps please?
I am a beginner in binance plate form..
Thank you
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#BSCTradingTips Binance Smart Chain (BSC) trading can be lucrative, but it also comes with risks. Here are some essential tips to improve your trading strategy: 1. DYOR (Do Your Own Research) Always research the project, team, tokenomics, and use case before investing. Check community engagement on platforms like Twitter, Telegram, and Discord. 2. Use Trusted Platforms & Tools Trade on PancakeSwap, ApeSwap, or Biswap, avoiding shady DEXs. Use BscScan to verify contract addresses and track transactions. Look at Poocoin, DexTools, and Bogged Finance for real-time price movements. 3. Watch Out for Scams Avoid tokens with honeypot risks (where you can buy but not sell). Be cautious of projects with high slippage requirements (e.g., 20%+). Always verify contracts to avoid fake clones of popular tokens. 4. Liquidity & Market Cap Matter Look for tokens with locked liquidity or renounced contracts (safer investments). Be mindful of market cap—small caps can give high returns but are riskier. 5. Gas Fees & Slippage Settings BSC has low fees, but always have some BNB for transactions. Adjust slippage (usually 3%-5% for volatile tokens, but avoid excessive settings). 6. Trading Strategy & Risk Management Don’t FOMO into hype; wait for good entry points. Consider taking profits in increments instead of holding everything. Only invest what you can afford to lose. 7. Monitor Whale Movements Use BscScan or Whale Alert bots to track big buys/sells. Sudden big sells can signal a dump, so stay alert.
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#NavigatingAlpha2.0 Binance navigating alpha 2.0 Binance Alpha 2.0 is an enhancement of Binance's platform that integrates the discovery and trading of early-stage tokens directly within the Binance Exchange. This update simplifies the process by allowing users to purchase these tokens on-chain without the need for external wallets or complex procedures. Accessing Binance Alpha 2.0: Update Your Binance App: Ensure your Binance application is updated to version 2.97.2 or later for iOS, or version 2.97.8 or later for Android Navigate to the Alpha Section: Open the Binance app. Tap on the [Markets] tab located at the bottom of the screen. At the top of the [Markets] page, select the [Alpha] section to explore featured Alpha Tokens.
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#BSCTradingTips click to get BSC trading tips.
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#BinanceEarnYieldArena Key Highlights of the Yield Arena: Exclusive Rewards: Diverse Earning Products: Simple Earn: ETH Staking: SOL Staking: Dual Investment: Current Promotions: EURI Flexible Products: FDUSD Flexible Products:
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