Yes so Do You Need Binance To Use Pancakeswap….Hi everyone so as you see from the title today we’re going to be doing a binance review tutorial in this tutorial i’m going to be showing you whatever you need to understand about binance so you can see how it works and identify if this is the ideal exchange for you i’m also going to be leaving a link in the description box below so if you follow that link you’ll have the ability to create your account you’ll have the ability to register here on binance which is really simple to do so without more ado let’s start initially on the home page for binance you will be able to just really see immediately.
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that you can start buying and if you simply wish to have a look at the various coins that they use you’ll be able to do that if you just scroll down they really have quite a long list of coins used so press on view more like i did and the list like i stated is long so i’m not going to be discussing all of them however i do want you to just to have a look at a few of the coins that they provide also for each coin you’ll be able to compare the current cost that they have and the 24 hr modification along with the 24 hr high and the 24 hour low the marketplace cap and the 24 hr volume and now we go here to buy crypto you’ll see that they have various payment choices so you can pay with bank deposit credit or debit card p2p trading money balance or even 3rd party payment so i believe that is a very crucial thing to look at when you’re opting for an exchange platform the payment options that they have and after that if you go into the square symbol here you’ll see some other functions that finance has for example for exchange um so seeing just the various block change exchanges that they have the academy so you can really get guide videos and guidance straight from binance on how to trade on their platform broker charity cloud and also trust wallet so yeah you can take a look at those from this icon here the square icon but the most essential thing to concentrate on is the different payment choices that they’re going to need to in fact purchase your cryptocurrency then they have markets great they have different types of trading so we’ll look at those in a moment and then derivatives finance so let’s enter into trade so as soon as we open trade there We can choose convert and simply see from one cryptocurrency to another just how much the conversion rate is going to be um and after that if we likewise go to the traditional trade design.
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it’s going to open up here graph that we’ll see in a moment which’s going to allow us to see all the various choices that we have for training any coin any cryptocurrency so this chart this resembles the traditional simple design they do have an advanced one that we’ll check out too but here this is quite complete too so you can see all the different options and keep in mind i’m not a monetary advisor so um prior to you know you follow the steps offering on financing um before you choose to purchase sell any type of exchange you should do you know the needed research and uh decide on your own but this is a platform where you can definitely go ahead and exchange your cryptocurrency purchase yourself directly and we can also go like i said to the more sophisticated design which is going to have more information and just take that you have an additional understanding of how the exchange is going to work but if you do have that knowledge and you’re able to examine it this is another excellent option Where you can take a look at the specific rates and just exchanges that you can do and then they also have if you wish to do a margin trade we can go have a look into that but generally classic in advance are like the two most secondhand ones however we can definitely uh see how margin trades would work as well if that’s something that you wish to examine out in order to make your choices as far as the exchange of the cryptocurrency and lastly yeah so there was gon na appear a video like i said they do have tutorials and different guides on how to use their platform so that’s pretty cool since even if you understand you’re new to this you do not have that much experience they do help you as well so p2p likewise trades and stock token also if we go here to wallet. Do You Need Binance To Use Pancakeswap
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we’ll see all the various wallets that um you can save it in and i do simply wish to make a parenthesis here so personally i advise utilizing an offline wallet so having a personal address a physical wallet where you can keep all your coins since the important things is when you buy the cryptocurrency on these platforms and you’re keeping it on an online wallet you do not have full control of that cryptocurrency so I will be leaving a link below for the journal nanowx which is a terrific choice ledger nanowx is a physical wallet you have full control over it and if you don’t like the ledger nano x there’s likewise the trezor wallet option both are terrific both do the very same thing and you’re going to have control over your cryptocurrency which is the most crucial one two.