Model 5: How to Buy for the First Time on Binance
Are you buying cryptocurrency on Binance for the first time? Don't worry, it's simple!
Log in to your account.
Click on "Buy Crypto."
Choose a payment method: bank card, bank transfer, or P2P.
Select the currency you want to buy, such as USDT or BTC.
Complete the payment and wait for the transaction confirmation.
Remember: Always make sure to enter the correct information when buying!
#نصائح_بينانس #First_Time_Buy
Model 6: The Difference Between Spot and Futures Trading
Many confuse Spot and Futures trading on Binance; here’s the difference simply:
Spot: You buy and sell actual currencies directly. When you buy a currency, it becomes yours and you can withdraw it.
Futures: You trade based on price prediction (up or down) without actually owning the currency. It allows for leverage use, but it’s risky and can lead to losing your entire balance quickly.
My advice for beginners: Always start with Spot until you gain enough experience.
Model 7: Important Tips for New Beginners
If you are a beginner on Binance, here are my tips for you:
Learn the basics well before you invest your money.
Never invest money you need for necessities.
Start with small amounts and learn from your experiences.
Do not follow "hype" or advice from unknown people online.
Always read about the project or currency before buying.