How to Trade Cryptocurrency on Binance
If you are interested in trading cryptocurrency on Binance, here is a step-by-step guide. First, create an account by verifying your email address. Next, add funds to your account and create an order to buy an altcoin of your choice. Follow the instructions on screen and you will be all set. The exchange will hold your cryptocurrency until you move it to your digital wallet, or trade it. Once you’re done trading, you can withdraw it mezoka.
You can start trading cryptocurrency on Binance by using a credit or debit card. The exchange has partnered with Simplex, which allows you to use your credit card to buy cryptocurrency. The service will also charge up to 4.5% for USD deposits. Make sure to check with your financial institution for legal requirements in your jurisdiction. You can also use a hardware wallet to store your cryptocurrency. You should consider the risk and reward ratio before deciding to invest.
To begin trading, you should log into your Binance account. Select Funds and Deposits. Then, select Ethereum and the right network. Once you have your account, copy your receiving address so that you can receive your first ETH coins. This will take about five minutes. After that, you can begin making trades. Make sure to set up two-factor authentication (2FA) for added security. If you don’t have this option, it’s best to use a third-party authentication service like Google Authenticator.