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How to learn trading of crypto on binance

  • Thread starter Thread starter DareIsrael
  • Start date Start date
Binance is not only crypto wallet and exchnge platform but also a trading platform, you can do Peer to peer trading on binance. But before you can trade you will have to verify your acocunt.
 
The real truth of the matter is that binance or crypto currency trading isn't easy as your neighbor is making you to understand. Or you think your neighbor doesn't make any loss in his trade. Of that's what his telling you please stay away from him. He wants to scam you
 
I have not really learnt in the trading of crypto on binance but at the moment I'm undergoing the process of the learning through a friend who has volunteered to teach
 
DareIsrael said:
My interest in trading crypto currency began to develop when I saw my neighbour making as much as 20000 naira in less than 2hours by trading on binance. I showed my interest and he asked me to pay 100000 naira. The thing is I don't have such cash to spare at the moment and I really need to learn. Can you such another alternative for me to use and learn this. Or do you think I should pay the money and learn from him?
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Some guys can be really selfish you know. If you can't show someone how to do something for free, then you won't get someone to do so for you too. You can try going for someone else, they are lots of people willing to help.
 
DareIsrael said:
My interest in trading crypto currency began to develop when I saw my neighbour making as much as 20000 naira in less than 2hours by trading on binance. I showed my interest and he asked me to pay 100000 naira. The thing is I don't have such cash to spare at the moment and I really need to learn. Can you such another alternative for me to use and learn this. Or do you think I should pay the money and learn from him?
Click to expand...
Theirs binance acedemy you can use if you truly want to learn on how to trade on binance platform. Their guide in the website for traders and investors.
 
With Binance tutorial videos centred on trading either On-spot or futures, youbcan get basic knowledge how to place trade successfully at least.
 
Since you cannot afford to invest the money currently, I think it is best for you to learn the theory part of cryptocurrencies trading first. In the meantime, you can save up some money that you will invest once you are ready. You can learn the theory of cryptocurrency trading from articles and YouTube videos.
 
You saw your neighborhood made this amount of money on cryptocurrency sites and he is now offering to teach you for this heavy amount of money? Perhaps you'll become his cryptocurrency if care is not taken. Don't pay that money
 
DareIsrael said:
My interest in trading crypto currency began to develop when I saw my neighbour making as much as 20000 naira in less than 2hours by trading on binance. I showed my interest and he asked me to pay 100000 naira. The thing is I don't have such cash to spare at the moment and I really need to learn. Can you such another alternative for me to use and learn this. Or do you think I should pay the money and learn from him?
Click to expand...
I think its a scam. I have heard a lot of stories like that. The traders will say just give me your money and I will be the one to do the trade because you do not know anything yet about trading. After that the trader will say that he lost in the trading and then he will tell you that you lost all your money. Do not give in to the trap.
 
DareIsrael said:
My interest in trading crypto currency began to develop when I saw my neighbour making as much as 20000 naira in less than 2hours by trading on binance. I showed my interest and he asked me to pay 100000 naira. The thing is I don't have such cash to spare at the moment and I really need to learn. Can you such another alternative for me to use and learn this. Or do you think I should pay the money and learn from him?
Click to expand...
That is so bad of him. I know information is valuable and can be sold. You might be shocked to know that he's just wash trading i.e. making it feel as if he's profiting every time. You can learn it by praticising.
 
Royalty said:
To use the exchange, an account is required. Registering is easy and requires only an email address and password. If you already have an account you skip these steps (1 to 6).

  1. Go to the official Binance.com website
  2. Click on Register at the top right
  3. Enter your email address and password (make sure you use a unique password that you don’t use anywhere else)
  4. Referral ID: D10BZSYZ (you will receive a 20% discount on all fees for life)
  5. Agree to the Terms and Conditions and click on Create account
  6. After solving the puzzle you will receive a confirmation email to verify your email address
This for registration on the Binance platform
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I think youbare getting the poster information wrong , he has already registered on the site , the only thing he want to know is how to learn how to trade crypto currency on binance.
 
DareIsrael said:
My interest in trading crypto currency began to develop when I saw my neighbour making as much as 20000 naira in less than 2hours by trading on binance. I showed my interest and he asked me to pay 100000 naira. The thing is I don't have such cash to spare at the moment and I really need to learn. Can you such another alternative for me to use and learn this. Or do you think I should pay the money and learn from him?
Click to expand...
Almost everybody knows how to trade this days, i don't think it wise for you to pay him any money before he can train you, search for free materials on trading on google or presearch engine...
 
Binance even have tutorial videos where you can learn on your own without meeting any one to reach you how to place a trade.
 
Royalty said:
To use the exchange, an account is required. Registering is easy and requires only an email address and password. If you already have an account you skip these steps (1 to 6).

  1. Go to the official Binance.com website
  2. Click on Register at the top right
  3. Enter your email address and password (make sure you use a unique password that you don’t use anywhere else)
  4. Referral ID: D10BZSYZ (you will receive a 20% discount on all fees for life)
  5. Agree to the Terms and Conditions and click on Create account
  6. After solving the puzzle you will receive a confirmation email to verify your email address
This for registration on the Binance platform
Click to expand...
You are correct. It's just very easy to learn cryptocurrency trading in binance. If you click the link, you will be immediately directed to binance webpage. Then you need to fill up your personal information and provide identification card for verification.
 
Wow I always thought you could only trade crypto on Binance,so with this post I now know that you can learn how to trade crypto on Binance
 
Well, I believe he did not start trading as a novice via Binance. You need to have some knowledge before you can use the exchanges like Binance, Kukoin, coinbase to trade. I will suggest you begin with the MT4 AND MT5. You can download tonnes of materials and youtube videos to guide you.
 
Cryptocurrency trading is not something that you would jump into my house because there are so many technicalities that should be observed before you get into it in order to avoid losing your money.
 
You can enroll for tutorial from an expert cryptocurrency trader to put you through on step-by-step how to make profit from cryptocurrency trading and investment. There are couple of videos on YouTube that can teach you how to trade cryptocurrency on binance.
 
kayode10 said:
You can enroll for tutorial from an expert cryptocurrency trader to put you through on step-by-step how to make profit from cryptocurrency trading and investment. There are couple of videos on YouTube that can teach you how to trade cryptocurrency on binance.
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You have to be very committed to all those video lessons on YouTube for you to be able to learn how to trade on binance successfully because it is something that is very technical.
 
Binance is the world's most trusted and biggest crypto trading platform and anyone who wants to trade crypto should start with them.
One amazing feature they have is the stop loss/profit limit. Once the price is a coin has gotten or reduced to a particular level, you can sell of or take profit.
 
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