#portfolio management
To manage a Bitcoin (BTC) portfolio on Binance, here’s a clear breakdown of steps and tools you can use for effective portfolio tracking, risk management, and growth:
1. Set Up Your Binance Account
Verify identity (KYC).
Enable 2FA security (Google Authenticator or SMS).
2. Deposit BTC or Buy BTC
Buy BTC using fiat via P2P, credit card, or bank transfer.
Alternatively, transfer BTC from an external wallet.
3. Portfolio Management Tools on Binance
a. Spot Wallet
Shows real-time BTC balance and all other holdings.
You can track P&L and asset allocation.
b. Earn Section
Stake BTC via Flexible Savings or DeFi Staking for passive income.
Auto-Invest feature: Automate BTC purchases (like DCA).
c. Convert, Trade, or Margin
Use Spot Trading for simple buys/sells.
Use Margin or Futures for leveraged exposure (higher risk).