Yes so Binance Chain Network….Hey there everybody so as you see from the title today we’re going to be doing a binance evaluation tutorial in this tutorial i’m going to be showing you whatever you need to learn about binance so you can see how it works and determine if this is the ideal exchange for you i’m also going to be leaving a link in the description box listed below so if you follow that link you’ll have the ability to create your account you’ll have the ability to sign up here on binance which is actually easy to do so without more ado let’s begin first on the web page for binance you will be able to simply really see right now.
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that you can begin purchasing and if you simply wish to take a look at the various coins that they use you’ll be able to do that if you just scroll down they truly 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 reviewing all of them but i do desire 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 existing cost that they have and the 24 hr change along with the 24 hour high and the 24 hour low the market cap and the 24 hr volume and now we go here to buy crypto you’ll see that they have different payment alternatives so you can pay with bank deposit credit or debit card p2p trading cash balance or perhaps 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 alternatives that they have and after that if you go into the square symbol here you’ll see some other functions that financing 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 assistance directly 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 options that they’re going to have to really purchase your cryptocurrency then they have markets fantastic they have different forms of trading so we’ll look at those in a moment and then derivatives finance so let’s go into trade so when we open trade there We can opt for 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 also go to the classic trade design.
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it’s going to open here chart that we’ll see in a moment and that’s going to allow us to see all the different alternatives that we have for training any coin any cryptocurrency so this graph this resembles the classic easy design they do have a more advanced one that we’ll look into too but here this is quite total too so you can see all the various options and remember i’m not a financial consultant so um prior to you know you follow the steps giving on financing um before you decide to purchase offer any kind of exchange you should do you know the needed research study and uh decide for yourself however this is a platform where you can certainly go ahead and exchange your cryptocurrency purchase yourself directly and we can also go like i said to the more sophisticated model which is going to have more details and simply take that you have a further understanding of how the exchange is going to work but if you do have that understanding and you’re able to evaluate it this is another excellent option Where you can have a look at the particular rates and simply exchanges that you can do and after that they likewise have if you want to do a margin trade we can go take a look into that however typically traditional in advance are like the two most pre-owned ones however we can certainly uh see how margin trades would work as well if that’s something that you want to inspect out in order to make your decisions as far as the exchange of the cryptocurrency and finally yeah so there was gon na appear a video like i said they do have tutorials and various guides on how to use their platform so that’s quite cool since even if you know you’re new to this you do not have that much experience they do assist you too so p2p also trades and stock token also if we go here to wallet. Binance Chain Network
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we’ll see all the various wallets that um you can store it in and i do just wish to make a parenthesis here so personally i advise utilizing an offline wallet so having a private address a physical wallet where you can keep all your coins because 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 complete control of that cryptocurrency so I will be leaving a link below for the journal nanowx which is a great alternative journal nanowx is a physical wallet you have full control over it and if you do not like the ledger nano x there’s also the trezor wallet alternative both are terrific both do the same thing and you’re going to have control over your cryptocurrency which is the most crucial one two.