đ§ Binance Trading Course: Part 1 â What Is Binance & How Does It Work?
Welcome to our Binance Trading Mini-Course for beginners and intermediate traders! đ
In this first part, weâre covering the absolute basics:
---
đ What is Binance?
Binance is the largest cryptocurrency exchange in the world by trading volume. It allows users to:
â Buy/Sell cryptocurrencies â Trade spot, margin, futures â Use advanced tools like copy trading, staking, and more
---
đą What Can You Trade on Binance?
Over 350+ cryptocurrencies, including:
BTC (Bitcoin)
ETH (Ethereum)
BNB, SOL, DOGE, XRP, and more...
You can trade:
đ Spot â Buy/sell crypto at current market price ⥠Futures â Bet on price going up or down (leverage involved) đ Margin â Borrow funds to amplify trades
---
đ§Š How Binance Makes Money?
Trading fees
Withdrawal fees
Staking spreads
Launchpad token sales
---
đ Is Binance Safe?
Yes, but YOU must also:
đ Enable 2FA đ§ Be aware of phishing đĄ Never share your password or seed phrase
---
đŻ Your Task (if you're new):
â Register on Binance â Complete KYC â Learn how to use Spot Trading interface (weâll cover this in Part 2)
---
đ Next Lesson: How to Use Spot Trading Like a Pro (Part 2) Follow this space to level up your trading game! đ #Write2Earn #BTC #ETH $BTC