How to Start Trading in Cryptocurrencies on the Binance Platform?
Trading in cryptocurrencies has become a popular option for those seeking additional income or long-term investment. If you are a beginner, the Binance platform is one of the best places to start, thanks to its ease of use and security.
The first step is to create an account on binance.com, using your email or phone number. After registration, you will be asked to verify your identity (KYC) by sending a picture of your ID and passport, to ensure the security of the account and increase the deposit and withdrawal limits.
After that, you can deposit funds using a bank card, bank transfer, or through someone who owns cryptocurrencies. Once the deposit is made, you can head to "Spot Trading" to buy your first cryptocurrency like Bitcoin (BTC) or Ethereum (ETH).
Start with simple orders like "Market" for immediate purchases. But more importantly, learn technical analysis, and understand tools like Stop Loss to protect your capital.
Don't forget to start with a small amount and gradually increase your trading as you gain enough experience. Successful trading is not about luck, but about knowledge and discipline.