Yes so How Do Binance Work….Hi everybody 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 everything you require to understand about binance so you can see how it works and figure out if this is the best 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 be able to produce your account you’ll have the ability to sign up here on binance which is actually basic to do so without additional ado let’s begin first on the web page for binance you will be able to simply actually see right now.
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that you can begin purchasing and if you just want to take a look at the various coins that they offer you’ll have the ability to do that if you simply scroll down they really have rather a long list of coins used so press on view more like i did and the list like i said is long so i’m not going to be discussing all of them however i do desire you to simply to take a look at a few of the coins that they use also for each coin you’ll be able to compare the present cost that they have and the 24 hr change in addition to the 24 hr high and the 24 hr low the marketplace cap and the 24 hr volume and now we go here to purchase crypto you’ll see that they have different payment alternatives so you can pay with bank deposit credit or debit card p2p trading money balance or even third party payment so i believe that is a very important thing to look at when you’re choosing an exchange platform the payment choices that they have and after that if you go into the square symbol here you’ll see some other features that finance has for example for exchange um so seeing just the different block change exchanges that they have the academy so you can in fact get guide videos and assistance straight from binance on how to trade on their platform broker charity cloud and likewise trust wallet so yeah you can take a look at those from this icon here the square icon however the most crucial 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 fantastic they have different kinds of trading so we’ll look at those in a moment and after that derivatives finance so let’s enter into trade so when we open trade there We can choose convert and just 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 chart that we’ll see in a moment which’s going to allow us to see all the different choices that we have for training any coin any cryptocurrency so this chart this is like the timeless easy design they do have an advanced one that we’ll check out also however here this is pretty complete too so you can see all the various choices and remember i’m not a financial advisor so um prior to you understand you follow the actions giving on financing um before you choose to purchase sell any type of exchange you should do you know the required research and uh choose for yourself however this is a platform where you can certainly go on and exchange your cryptocurrency buy yourself directly and we can also go like i said to the more innovative model which is going to have more information and just take that you have a further 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 fantastic alternative Where you can take a look at the specific rates and simply exchanges that you can do and then they also have if you wish to do a margin trade we can go take a look into that but normally classic in advance resemble the two most secondhand ones but we can certainly uh see how margin trades would work as well if that’s something that you want to examine out in order to make your decisions as far as the exchange of the cryptocurrency and lastly yeah so there was gon na appear a video like i stated they do have tutorials and various guides on how to use their platform so that’s pretty cool since even if you understand you’re brand-new to this you do not have that much experience they do help you also so p2p likewise trades and stock token also if we go here to wallet. How Do Binance Work
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we’ll see all the different wallets that um you can store 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 because the thing 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 ledger nanowx which is an excellent alternative journal nanowx is a physical wallet you have complete control over it and if you do not like the ledger nano x there’s likewise the trezor wallet option both are great both do the very same thing and you’re going to have control over your cryptocurrency which is the most essential one 2.