🟡 Let me explain it more simply: How to trade on Binance?

Do you want to start trading cryptocurrencies but don't know where to begin? Here I explain step by step how to do it on Binance in a simple way.

1. 📝 Create your account on Binance

• Register at binance.com or download the official app.

• Verify your identity (KYC) by uploading a photo of your document and completing a facial recognition. It's quick and necessary for safe trading.

2. 💰 Deposit funds

You have two options:

• Buy cryptocurrencies with a credit/debit card or bank transfer.

• Deposit cryptocurrencies from another wallet. Just copy your deposit address on Binance and transfer your funds.

3. 📈 Access the spot market

• Go to “Trade” > “Spot” in the app or website.

• Use the search bar to find the pair you want, for example, BTC/USDT (Bitcoin against Tether).

4. 🛒 Make your first trade

• Market order: Buy or sell at the current market price. It is the fastest and simplest option.

• Limit order: Set the price at which you want to buy or sell. The order will be executed when the market reaches that price.

5. 📊 Monitor your trades

• In “Wallet” > “Fiat and Spot” you can view your assets.

• In “Open Orders” you can track the status of your pending orders.

6. 🔐 Increase the security of your account

• Enable two-factor authentication (2FA) to protect your account.

• Do not share your password and be cautious with suspicious emails or links.

✅ Final tips

• Start with small amounts while you get familiar with the platform.

• Learn about the cryptocurrencies that interest you before investing.

• Do not invest more than you are willing to lose.