Getting Started with $1 on Binance Spot

1. Create and Verify Your Binance Account:

2. Deposit Funds:

3. Choose a Suitable Trading Pair: .

4. Place an Order: Decide between a market order, which executes at the current market price, or a limit order, where you set your desired price.

5. Monitor and Manage Your Trade: Keep an eye on your investment and be prepared for market fluctuations.

Considerations

Trading Fees: Binance charges a standard trading fee of 0.1% for both makers and takers. Using Binance Coin (BNB) to pay for fees can provide a 25% discount, reducing the fee to 0.075% .

Market Volatility: Cryptocurrency markets are highly volatile. With a small investment, price swings can significantly impact your holdings.

Risk Management: Don't forget about it

It is possible to start trading with just $1 on Binance Spot. .

Getting $BNB