When stepping into the world of crypto trading, one of the first things you will encounter is spot trading. It’s the most basic — and also one of the most important — types of trading available on Binance.
In this article, I’ll explain what spot trading is, how it works, and how you can get started today.
What is Spot Trading? Spot trading simply means buying or selling cryptocurrencies at the current market price, and you immediately receive the asset. You own the crypto directly after the tr
In trading, your mindset is just as important as your strategy. Today’s reminder: "Stay patient. Stay consistent. Emotions are expensive." Every trade doesn’t need to be a win — focus on discipline, not perfection.
A Stop-Loss Order is an automatic instruction to sell your crypto when its price drops to a certain level. It’s like setting a safety net to limit your losses if the market moves against you.
Example: You buy $BTC at $93,000.
You set a Stop-Loss at $91,000. If Bitcoin’s price falls to $91,000, Binance will automatically sell your $BTC — protecting you from deeper losses.
Why Use Stop-Loss?
No need to watch the market 24/7.
Manage risk with discipline.
Avoid emotional decisions during high volatility.
Quick Tip: Always plan your Stop-Loss before entering a trade — never after.
Day 15 of 100: Understanding Market Orders on Binance
Today, let’s talk about one of the simplest types of orders you can place on Binance: the Market Order.
A Market Order is used when you want to buy or sell immediately at the best available price. Unlike a Limit Order (where you set your own price), a Market Order fills instantly based on the current market prices.
Key Points:
You don't control the exact price, but your order executes quickly.
Market orders are great when speed is more important than getting a specific price.
Be cautious during highly volatile times — prices can change rapidly while your order is processing.
Example: If $BTC is trading at $94,000 and you place a market buy order, you’ll get Bitcoin at approximately that price (depending on liquidity and order book depth).
Tip: Use Market Orders when you must enter or exit a position fast. If you want more control over the price, consider using Limit Orders instead.
Day 13 of 100: $BTC vs The Market – Understanding Bitcoin’s Role as the Market Mover
If you want to succeed in crypto, there's one chart you must always keep an eye on — Bitcoin (BTC)
if $BTC goes up then there is 90% chance that whole crypto market will boost 🚀
If $BTC drops then there is 90% chance that whole crypto market will drop
Let’s break it down:
1. Bitcoin is the Anchor of Crypto
Bitcoin was the first cryptocurrency and still holds the largest market cap. Most altcoins are highly correlated to Bitcoin.
When BTC pumps – confidence returns, and altcoins often follow.
When BTC dumps – panic spreads fast, and altcoins usually crash harder.
Even stable altcoin setups can fail during a BTC dump. That’s why smart traders always check BTC before trading anything else.
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2. Bitcoin Dominance (BTC.D): A Powerful Market Signal
BTC Dominance is the percentage of the total crypto market cap that belongs to BTC. Rising BTC.D: Investors are moving funds into Bitcoin (risk-off behavior). Altcoins might underperform.
Falling BTC.D: Confidence is growing in altcoins. This often signals an incoming altcoin season.
Traders use the BTC.D chart (available on TradingView) to plan when to focus on altcoins and when to stay in BTC.
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3. Bitcoin's News Impact
BTC is the first to react to major news:
ETF approvals
Regulatory updates
Interest rate news
Institutional adoption
When big news drops, BTC usually moves first. Alts follow the leader.
Tip for the day: Before trading, ask yourself: What is BTC doing? A clear BTC trend = safer setups. A choppy or dumping BTC = avoid trading or trade with tight stops
"Day 12: 100 Days of Learning Binance and Trade" series:
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Day 12: 3 Hidden Binance Tools You Probably Didn’t Know Exist
Binance is more than just charts and buy/sell buttons. Here are 3 underrated tools that many traders overlook—but they can seriously level up your trading game:
1. Binance TradingView Integration Yes, you can use full TradingView charting tools directly inside Binance! Click on the chart settings and switch to “TradingView” to unlock advanced indicators, drawing tools, and multi-timeframe analysis—all without leaving Binance.
2. Strategy Trading (Spot Grid & Futures Grid) Found under the “Strategy Trading” section, this tool lets you automate your trades using bots like Spot Grid or Futures Grid. It’s perfect for sideways markets—set it and let it buy low, sell high automatically.
3. Portfolio Analytics (Wallet > Earn > Simple Mode) This hidden gem helps you analyze how your portfolio is performing over time. It gives insights on asset allocation, unrealized PnL, and historical performance—great for long-term investors and yield farmers.
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Pro Tip: Explore these tools and bookmark the ones that match your trading style. Small edges add up!
Understanding candlestick patterns is like learning the language of the market. It helps you read price action and spot potential reversals or breakouts before they happen.
Here are 3 simple candlestick patterns every beginner should know:
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1. Bullish Engulfing When a small red candle is followed by a large green candle that completely “engulfs” it. Signal: Possible trend reversal from down to up.
2. Bearish Engulfing Opposite of bullish. A small green candle is followed by a larger red candle. Signal: Possible reversal from uptrend to downtrend.
3. Doji A candle with a very small body and long wicks on both ends. Signal: Market is indecisive—watch for a breakout or trend shift.
1. **Use Binance Spot Market** (no leverage). 2. **Stick to major coins** (BTC, ETH – avoid meme tokens). 3. **Start with 1-hour charts** (less noise).
*"Which chart do YOU find hardest? Comment below—I’ll explain it tomorrow!"*
*"What if your crypto could earn money while you sleep—*without interest or gambling*? Staking is the passive income Here’s how it works..."*
What is Staking? Staking is when you lock your crypto (like ETH, BNB, or stablecoins) for a set period to support the network. In return, you earn rewards—kind of like earning interest at a bank.
*"Want to trade crypto without risk? Spot trading lets you OWN $BTC like digital gold—no interest, no leverage traps. Here's how it works:
Example: You want to buy 0.01 $BTC , and the market price is $85,000. You place a spot buy order, and if it matches with a seller, the trade is done instantly. You now own that 0.01 $BTC in your spot wallet.
Key Terms:
Market Order: Buys/sells immediately at the best available price.
Limit Order: Sets a specific price you’re willing to buy/sell at.
Stop-Limit: A tool to help manage risk by triggering orders when certain prices are hit.
Why Use Spot Trading?
Simple to understand.
No borrowing or leverage involved.
Great for holding crypto long-term or making direct exchanges.
Tip: Always double-check the trading pair (like BTC/USDT or ETH/BUSD) and the current price before placing an order.
*"Do you prefer spot trading? Share your thoughts below!"*
*(Note: I'm still learning—correct me if I'm wrong!)*
Day 9 of 100: Understanding Spot Trading on Binance
Today, let’s dive into Spot Trading, the most common and beginner-friendly way to trade on Binance.
What is Spot Trading? Spot trading is the act of buying or selling cryptocurrencies immediately at the current market price (also known as the spot price). Once the trade is executed, the crypto is transferred directly to your wallet—no delays, no loans.
Example: If you buy 10 USDT worth of BTC in spot trading, you will instantly receive BTC worth 10 USDT in your Binance spot wallet.
Key Features of Spot Trading:
You must own the asset you’re trading with (no borrowing).
Trades are settled immediately.
You can hold the asset for as long as you want, or sell it when the price goes up.
Spot vs. Futures: Spot = You own the real asset. Futures = You're trading contracts, often using leverage.
How to Spot Trade on Binance:
1. Go to [Trade] → [Spot].
2. Choose the pair you want to trade (e.g., BTC/USDT).
3. Select your order type:
Market Order = Buy/Sell instantly at current price.
Limit Order = Set your own price to buy/sell.
4. Enter the amount and click Buy or Sell.
Tip of the Day: Start by using Market Orders to understand how prices move. Once you're comfortable, try Limit Orders to buy at lower prices.
woohoo 🎉 I completed my 100 binance points You can also do that follow these steps and you make 100 points in just two or three weeks • Go to task center and check-in ✅ daily here you get 1 point but with point you can't make 100 points • Below the check-in here are some binance activities you can complete them and make 5 to 10 points daily • Solve word of day daily and on every week you can make UpTo 10 to 20 points
Finally what is the benefit of these points. Actually you redeem them into usdc in reward hub. There are so many offers
If you find this post wonderful 👍 and informative just hit the like button and I will be thankful for you If there any mistake just describe in comment section
Day 7 of 100: What Is Liquidity in Crypto Trading?
Welcome to Day 7 of my Binance journey!
Today, let's talk about a super important concept: Liquidity.
What is Liquidity? Liquidity refers to how easily you can buy or sell a crypto asset without causing big changes in its price. High liquidity means there are many buyers and sellers, so trades happen quickly and at stable prices.
Why Liquidity Matters:
Faster Trades: More buyers/sellers means your order gets filled quickly.
Stable Prices: Less slippage (price change between placing and executing your order).
Less Risk: You’re less likely to be “stuck” holding an asset you can’t sell.
Example: BTC has high liquidity—you can easily trade it any time. But a lesser-known coin might have low liquidity, causing delays or worse trade prices.
Pro Tip: Always check the 24h Volume of a trading pair before entering a trade—it’s a good clue to its liquidity.
Tomorrow on Day 8: We’ll explore Market Depth and Order Book Basics.