beginnar

Five steps for beginners on Binance #beginnar $BTC 1️⃣ Start Small & Learn the Platform

Open an account and complete KYC verification so you can deposit/withdraw without limits.

Explore the Spot market first — avoid Futures and Margin until you’re confident.

Practice by buying a small amount of a stable crypto like USDT before trading volatile assets.

2️⃣ Understand Trading Pairs

On Binance, you don’t always buy crypto with your local currency — you trade pairs like BTC/USDT or ETH/BUSD.

First, convert your money into a stablecoin (like USDT), then trade it for other cryptos.

3️⃣ Use Limit Orders, Not Just Market Orders

Market Order: buys instantly at current price (simple but may cost more).

Limit Order: lets you set your desired price — safer and can save money on fees.

4️⃣ Manage Risk & Set Stop-Loss

Never invest more than you can afford to lose.

Use Stop-Loss orders to automatically sell if the price drops too far.

Follow the 1–3% risk rule per trade — don’t gamble your entire portfolio on one coin.

5. Secure Your Account

Enable 2FA (Two-Factor Authentication) via Google Authenticator.

Beware of phishing — always check the official Binance URL before logging in.

Don’t share your password or recovery phrases with anyone.