What Beginners Should Never Do on Binance
You just signed up on Binance, loaded your first USDT, and you're excited to turn it into a Lambo.
Stop right there.
Crypto is exciting, yes. But it’s also full of traps — and most beginners lose money not because of bad luck, but bad decisions.
Here’s what you absolutely should not do when you're just starting out:
## 1. Don’t FOMO into random coins
Just because a coin is pumping doesn’t mean you should chase it.
By the time it hits your Twitter feed, you're usually buying the top.
If it’s up 500% this week, chances are you’re the exit liquidity.
## 2. Don’t use leverage
Leverage looks tempting — “10x profits!” — but it also means 10x losses.
One wrong move and your account gets liquidated in seconds.
Stick to spot trading until you really know what you’re doing.
## 3. Don’t trust TikTok or Telegram “signals”
There’s no shortage of “experts” telling you what to buy.
Most of them have zero skin in the game or worse — they're pumping their own bags.
If they were making real money, they wouldn’t need your views.
## 4. Don’t go all-in on one coin
Rule number one in investing: never put all your eggs in one basket.
Even solid projects can crash. Diversify, even if you're starting small.
## 5. Don’t skip security
No 2FA? Using the same password for email and Binance?
You’re begging to get hacked.
Turn on 2FA, whitelist withdrawal addresses, and never share your seed phrase — ever.
## 6. Don’t panic sell
Markets dip. Coins drop. That’s part of crypto.
Panicking at every red candle is the fastest way to lose money.
Zoom out. Breathe. Don’t react emotionally.
## 7. Don’t ignore fees
Every trade has a fee. Using market orders instead of limit? You’re overpaying.
Also: using BNB for fees gives you a discount — activate it in settings.
Small details add up to big savings over time.
The crypto space moves fast. But that doesn't mean you should rush.
