Nouvelle crypto monnaie 2021 Binance Today, the Binance platform will be explained. Buying and selling cryptocurrency can be stressful, so it is important to choose an exchange that you can trust. It is also important to find an exchange that meets your needs and provides profit from the Internet, and is not too complicated to use. There is nothing worse than opening an account on the exchange and then realizing that you don’t know how it works.
If you are considering opening an account with Binance, continue reading.
In this Binance tutorial, I will teach you everything you need to know about how to use Binance. I will show you how to register, how to trade on Binance, and what Binance trading fees you have to pay. I will also tell you how safe it is to use the exchange, and even what kind of users it is designed for.
By the time you finish reading, you will know all about one of the biggest crypto exchanges, and most importantly, you will know how to use Binance!
I’ll start with a short introduction to exchange
The company was forced to leave China in September 2017 after the Chinese government banned cryptocurrency trading. Since then it has had offices in Japan and Taiwan. It is currently based in Malta.
Binance has its own cryptocurrency called Binance Coin (BNB). The exchange used an initial offer of Binance Coin to raise $15 million in funding in July 2017. Traders who use BNB to pay trading fees are offered discounts (which I’ll detail later!)
1. How to register on Binance.
How to register on Binance Follow the simple instructions below and you will be trading in no time at all and you will be profitable from the internet guaranteed.
1. Registration: The first thing you need to know is how to register in binance, click on the registration link.
You will be redirected to the registration page where you will need to enter your email address and create a password
In the password, use a combination of numbers, symbols, uppercase and lowercase letters.
Choose the phone number for your country such as Spain +33
Note: Always use an email address that you know is secure and that you check regularly. when creating a password. After that, you will see an icon confirming that you are not a robot.
An email will now be sent to you. Click Verify Email to complete the registration.
our end! You are the owner of a Binance account. Next, I will show you how to use Binance but first, you have to secure your account.
4. Securing your account: When you log in for the first time, you will be asked if you want to set up two-factor authentication (2FA). You want to set up 2FA, it’s very important if you choose Skip, right now, you’ll regret it later!
Note: Two-factor authentication is a security feature that gives users an additional form of password. When using two-factor authentication (2FA), users enter their regular password and a second code that can be sent to a mobile device by SMS or generated by the Google Authenticator app.
After setting up two-factor authentication (2FA), you’ll be ready to fund your account. This means transferring cryptocurrency to it. You can do this by sending cryptocurrency from a crypto wallet or another exchange – such as Coinbase – to your Binance account. Here’s how it works.
2. Explanation of the Binance platform.
Explaining the Binance platform In this Binance tutorial, I will be using Coinbase as an example of one way you can fund your Binance account. A similar process will apply to almost any other exchange you send money from. It will use Ethereum (ETH) as an example of a cryptocurrency that you can use to fund your Binance account.
1. Go to Coinbase: Log in to your Coinbase account and click Accounts. Next, click Submit where it says ETH Wallet.
You will be asked to enter a recipient. This is where Ethereum will be sent. You are sending it to Binance, so you need to get an Ethereum address from your Binance account.
2. Log in to your Binance account. On the taskbar, click Funds and then Deposits.
Now, enter the cryptocurrency for which you need an address. In this example, I am using Ethereum. Binance will generate an Ethereum address to send funds to.
The ETH deposit address is where you will send the Ethereum funds so copy and paste it into the Recipient box in your Coinbase account.
All you have to do now is select how much Ethereum you want to send to your Binance account and click send. The funds will appear in your Binance account as soon as they are processed by the Ethereum network.
Now you know how to use Binance to open and fund an account. After that, you can learn how to trade on Binance!
3. How to trade on Binance
Nouvelle crypto monnaie 2021 Binance There are two types of how to trade on Binance and earn money from the internet: basic and advanced. Beginners should start trading with Basic.
The basic trading setup has a simple design that is easy to understand. Only important information for making trades is displayed. You must remember that Binance is a professional trading platform, so even setting up a basic trade may seem too complicated for some beginners. However, it won’t take you long to understand it!
How to trade on Binance in Advanced Select Trade gives traders expert access to all the price charts and market data they need to take complex trades. Since this is a tutorial for beginners on Binance. I will just show you how to buy from Binance at Basic. I’ll save the hard stuff for another day!
So, let’s learn how to use Binance for basic trades.
4. Explanation of the Binance platform for basic trading
1. Log in to your Binance account. Beautiful and easy!
2. Click Exchangein the taskbar and select Basic.
3. As you can see, basic isn’t very basic!
4. Choose a trading pair. Explanation of the Binance platform Binance lists hundreds of trading pairs. These are currency pairs for which Binance offers an exchange rate. For example, Bitcoin can be traded in 143 different currencies. so we say Bitcoin has 143 trading pairs on Binance. In this example, our account is funded with Ethereum. so we are only able to trade with Ethereum.
To see which cryptocurrencies are offered for trading with Ethereum, select ETH in the upper right corner. You will now be able to see that Ethereum has 140 different trading pairs on Binance. Select the currency you want to exchange Ethereum for. For example, you can choose Ripple (XRP). Nouvelle crypto monnaie 2021 Binance.
5. Explanation of the Binance platform
Nouvelle crypto monnaie 2021 Binance is a global cryptocurrency exchange that trades over 100 cryptocurrencies.Choose the type of trade you want to do as in Binance Kuwait. Binance offers three types of trades:
Limit orders allow users to set the maximum price they are willing to pay for coins or the minimum price at which they are willing to sell them. Merchants then have to wait for the buyer or seller to accept their price.
Market orders allow users to trade coins at the current market price. This type of trade is the fastest and simplest.
Stop-Limit orders allow traders to buy or sell a currency once it reaches a certain price. Pro traders often use this type of order.
Today, I will just show you how to buy on Binance with market orders. It is fast, simple and ideal for beginners.
Choose the amount you want to trade. Click Market if you are satisfied with the current market price and enter the amount of Ripple (or your chosen currency) you wish to buy. This can be entered as an amount or as a percentage of Ethereum in your account.
Now, the easy part! Click Buy XRP and that’s it. You are now a Binance Crypto Trader!
Now that you know how to use Binance to place trades, I need to tell you about the Binance trading fees.
6. Binance Trading Fees
Binance trading fees are among the lowest in the market. This is because the exchange is the only cryptocurrency, explained Binance. It avoids the high fees that must be charged by exchanges that offer cash trading.
The Binance platform charges different fees for withdrawals on different cryptocurrencies but they are all very low. For example, if you withdraw Ethereum, 0.01 ETH will be charged, and if you withdraw Ripple, 0.25 XRP will be charged. More profit from the Internet.
Nouvelle crypto monnaie 2021 Binance Trading fees on Binance are set at a maximum of 0.1% of every purchase or sale made by users. This fee is reduced by 50% if merchants use Binance coin to pay for it. Therefore, this is a final fee of only 0.05%!
Binance Platform Explanation Simply check out the trading fees of its competitors to understand why Binance is one of the most popular exchanges in the market. Bittrex and Bitstamp are known for their low fees and both charge 0.25% per trade. That’s 5 times more than Binance.
As you can see, Binance’s trading fees are one of the best features of the exchange. Next, I want to tell you about another one of its features – Security.
7. Binance security
Binance Explained If I don’t teach you anything else today, I’ll teach you how to use Binance safely!
There are several ways that Binance users can protect themselves from thieves and hackers:
This security feature is so important I mentioned it twice!
Ignore requests from people claiming to be from Binance:
No one from the Binance team will ask for your passwords or 2FA codes. They will never ask you to send coins to a “secure account” or anywhere else!
Use only the official Binance website:
Do not click on Binance links in emails/popups. Check out the official Binance URL and bookmark it! If you need to contact the Binance team.
Using a cryptocurrency exchange is not the same as using the services provided by your bank. There are no 24 hour helplines to contact or premises you can visit to file a complaint! You are responsible for the security of your account, so stay safe crypto newbies! Nouvelle crypto monnaie 2021 Binance
So far, I’ve taught you how to use Binance to open an account and make basic trades. I also taught you about Binance trading fees and security. Before you head over to Binance and start trading, I want to take a quick look at what kind of user Binance is designed for.
8. Saudi Binance Platform
Explanation of the Binance platform Binance is designed to attract as many users as possible. The exchange is simple enough for beginners to use, and offers enough currencies and features to keep expert traders happy too. I recommend Binance to cryptocurrency traders of almost all levels of experience.
The only users who might struggle to use Binance are first-time traders. These users will probably not own any cryptocurrency and may not understand the basics of cryptocurrency trading. If this sounds like you, I would suggest signing up for an exchange like Coinbase. With Coinbase, you will be able to buy your first cryptocurrency with fiat currency and make some simple trades.
Nouvelle crypto monnaie 2021 Binance Trading with Binance will take you from beginner to expert through basic and advanced settings. You can start by making simple market trades and move to more complex limit order and stop trades.
Binance offers its users a great selection of currencies and type of market information that you won’t find on most other exchanges. The only thing you don’t own is stock trading. But this is about Change.
On June 28, 2018, Team Binance announced that it had launched the first fiat trading exchange in… Uganda! The Binance Uganda platform will allow traders to use Binance to purchase cryptocurrency with fiat currency for the first time. When cash trading becomes available across all Binance platforms, I expect most users will not need to go anywhere else.
So, I have talked about how to buy on Binance, who can use Binance and how much it costs to trade with Binance. All that’s left to do is share a few words of wisdom with you before I go.
9. Saudi Binance Platform
The cryptocurrency exchange market is very crowded. Successful exchanges will be those that offer features that every trader can use and enjoy. In this Binance tutorial, I think I showed you an exchange that does exactly that!
Binance has over $1.4 billion in trading volume, and for good reason – it works! Nouvelle crypto monnaie 2021 Binance
Binance has millions of happy customers all over the world. They use Binance because it is simple and has great trading features. If you don’t believe me, you know what to do! I showed you how to use Binance. Now, go and try it for yourself! When you do some trades, let me know. I’d love to hear your opinion!