Tips when using the platform.
Here are the most important tips when using the Binance platform, especially if you are a beginner and want to trade or profit safely:
🔐 First: Security above all
1. Enable two-factor authentication (2FA)
Use Google Authenticator instead of text messages.
This prevents anyone from accessing your account even if they know the password.
2. Do not share your password or 2FA code with anyone
Binance will never ask you for your password.
3. Avoid unknown links
Use only the official app or website.
Do not click on links sent to you by unknown groups or people.
💳 Secondly: Money Management
4. Only invest money you can afford to lose
Cryptocurrencies are very volatile.
5. Start with small amounts
Learn the platform first before putting in large amounts.
6. Diversify your investments
Do not put all your money into one currency.
📈 Third: Trading and Profit
7. Do not trade without a plan
Define: entry point, exit point, profit margin, loss margin.
8. Use Stop-Loss orders
It protects you from sudden crashes.
9. Avoid leverage (Futures) if you are a beginner
It carries very high risk, and you could lose your account in a minute.
💼 Fourth: Binance features that help you as a beginner
10. Use Binance Earn
Products like Simple Earn or Staking give you profits without trading.
11. Use Copy Trading with caution
Follow traders with good results but do not rely on them entirely.
12. Activate Price Alerts
It helps you track currency prices without the need to monitor them all the time.
📚 Fifth: Learning
13. Read Binance Academy
Simple free lessons on cryptocurrencies, trading, and security.
14. Follow the news
News directly affects currency prices.
🧾 Sixth: Records and Taxes (depending on the country)
15. Record all your transactions
You may need them for calculations or organizing your accounts.
