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1. Account Setup

  • Register: Go to Binance.com and sign up with your email or phone number.

  • Verify Identity (KYC): Upload ID documents to unlock full trading features.

  • Secure Your Account: Enable 2FA (Google Authenticator or SMS), set a strong password, and activate an anti-phishing code.

2. Funding Your Account

  • Deposit Fiat: Use bank transfer, UPI (in India), or card payments.

  • Deposit Crypto: Copy your Binance wallet address and transfer coins from another wallet.

  • P2P Trading: Buy directly from other users using local payment methods.

3. Buying Your First Crypto

  • Go to Buy Crypto → choose Spot, P2P, or Card.

  • Select a coin (e.g., Bitcoin, Ethereum, BNB).

  • Confirm the purchase and check your balance in the Wallet section.

4. Understanding Binance Trading Options

  • Spot Trading: Buy/sell crypto at current market prices.

  • Limit Orders: Set your own price; trade executes when the market hits it.

  • Market Orders: Instant buy/sell at the best available price.

  • Stop-Limit Orders: Automate trades to manage risk.

5. Basic Trading Strategy for Beginners

  • Start Small: Begin with low amounts to learn.

  • Diversify: Don’t put all funds into one coin.

  • Use Charts: Learn candlestick basics, support/resistance levels.

  • Avoid Leverage Initially: Futures and margin trading are risky for beginners.

6. Risk Management

  • Never invest money you can’t afford to lose.

  • Use Stop-Loss Orders to protect against big drops.

  • Keep emotions in check—crypto is volatile.

  • Regularly withdraw profits to a secure wallet.

7. Continuous Learning

  • Explore Binance Academy for tutorials.

  • Follow crypto news and updates.

  • Practice with small trades until confident.

🧠 Mr Crypto2005 Takeaway

Quick Tip for Beginners: Stick to $BTC , $ETH , and $BNB at first—they’re more stable compared to meme coins or low-cap tokens.

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