#Biginners guide

Crypto Trading Safety Checklist

1. Research & Understand

Learn the basics of blockchain and cryptocurrencies.

Understand the coin/token you're trading (use cases, team, community).

Check market trends and news from reliable sources.

2. Choose the Right Platform like Binanace etc.

Use a reputable exchange

Check for strong security features (2FA, withdrawal whitelist, etc.).

Start with a demo or small amount if you're a beginner.

3. Secure Your Funds

Use strong, unique passwords.

Enable 2FA (Google Authenticator or similar).

Consider hardware wallets for large holdings.

4. Trading Strategy

Set clear entry and exit points.

Use stop-loss and take-profit orders.

Never invest more than you can afford to lose.

Avoid trading on emotion (FOMO, panic).

5. Risk Management

Diversify your portfolio.

Only use leverage if you fully understand it.

Keep a portion of your assets in stablecoins or fiat.

6. Stay Informed

Follow updates on regulations and tax laws in your country.

Join trusted crypto communities (Reddit, Twitter, Discord).

7. Watch Out for Scams

Never click suspicious links or connect wallets to unknown sites.

Be cautious of unsolicited DMs or "giveaway" scams.

Verify any smart contracts before interacting.

8. Record Keeping

Track all your trades and wallet transactions.

This is not a financial advice, It's essential to conduct thorough research and consult multiple sources before making any investment decisions.

Trade Safe!!!