2. Understanding Binance Trading Options**
Binance offers multiple trading methods:
#### **A. Spot Trading (Beginner-Friendly)**
- Buy/sell crypto at **current market prices**.
- Low fees (0.1% per trade, lower with BNB discount).
- **How to Trade**:
1. Go to **Trade → Spot**.
2. Select a trading pair (e.g., **BTC/USDT**).
3. Choose **Market Order** (instant buy/sell) or **Limit Order** (set your price).
#### **B. Futures Trading (Advanced - High Risk)**
- Trade with **leverage** (up to 125x).
- Can profit from **both rising & falling markets**.
- **How to Trade**:
1. Go to **Trade → Futures (USDⓈ-M or COIN-M)**.
2. Set leverage (start with **low leverage like 5x-10x**).
3. Use **Stop-Loss** to manage risk.
#### **C. Margin Trading (Borrow Funds to Trade)**
- Trade with **borrowed funds** (increases buying power).
- Risk of **liquidation** if the market moves against you.
#### **D. Earn Passive Income (Low Risk)**
- **Staking**: Lock crypto to earn rewards.
- **Savings**: Flexible/fixed-term deposits.
- **Launchpad**: Earn new tokens by holding BNB.
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### **3. Essential Trading Strategies**
#### **📈 Day Trading (Short-Term)**
- Buy & sell within the same day.
- Use **technical analysis (TA)** + indicators (RSI, MACD, Moving Averages).
#### **📉 Swing Trading (Medium-Term)**
- Hold trades for **days/weeks**.
- Follow **trends & support/resistance levels**.
#### **💰 Scalping (Very Short-Term)**
- Profit from **small price movements** (seconds/minutes).
- Requires **quick execution & low fees**.
#### **🛡️ Risk Management (MUST DO!)**
- **Never invest more than you can afford to lose.**
- Use **Stop-Loss (SL) & Take-Profit (TP)** orders.
- **Diversify** your portfolio (don’t go all-in on one coin).