$BTC Master the Basics of Crypto Trading and Unlock Binance Points!
Successful trading starts with a solid foundation. In our latest deep-dive series, we analyze 10 fundamental concepts that every crypto trader should understand. Whether you are a trading novice or looking to solidify your knowledge, this series is an opportunity for you to enhance your trading knowledge, contribute to the community, and earn Binance points in the process!
How to participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the day's topic.
2. Create a post on Binance Square sharing your insights, experiences, or tips on the topic.
3. Ensure your post contains at least 100 characters and includes only one hashtag.
Event Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
These 10 topics are:
· #Trading Types 101: Discuss the differences between spot, leveraged, and futures trading.
· #Centralized vs. Decentralized Exchanges Comparison 101: Compare centralized and decentralized exchanges.
· #Order Types 101: Analyze the different order types in crypto trading—market orders, limit orders, stop-loss orders, and take-profit orders.
· #Liquidity 101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #Trading Pairs 101: Analyze how trading pairs work and share how you choose trading pairs that suit your trading strategy.
· #Crypto Security 101: Compare hot wallets and cold wallets, discuss your personal security settings, and share best practices for staying secure.
· #Crypto Fees 101: Discuss the different types of fees in crypto and how you can optimize trades to lower costs.
· #Trading Mistakes 101: Reflect on your experiences, what you've learned, and share your advice for new traders.
· #Crypto Charts 101: Explore candlestick patterns and the basics of charting. Share how chart reading has helped your entry or exit.
· #Trading Tools 101: Discuss indicators like RSI, MACD, and moving averages.