Yes so Binance Loom….Hello 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 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 create your account you’ll be able to register here on binance which is really basic to do so without more ado let’s start first on the web page for binance you will be able to just actually see immediately.
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that you can begin buying and if you simply want to have a look at the various coins that they provide you’ll have the ability to do that if you simply scroll down they actually have rather 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 going over all of them but i do want you to simply to take a look at a few of the coins that they use also for each coin you’ll have the ability to compare the present cost that they have and the 24 hr change as well as the 24 hr high and the 24 hour low the marketplace cap and the 24 hour volume and now we go here to purchase crypto you’ll see that they have various payment options so you can pay with bank deposit credit or debit card p2p trading cash balance or perhaps 3rd party payment so i think that is a really essential thing to look at when you’re choosing 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 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 actually get tutorial videos and guidance directly 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 important thing to focus on is the different payment alternatives that they’re going to have to really purchase your cryptocurrency then they have markets terrific they have different forms of trading so we’ll look at those in a moment and after that derivatives finance so let’s go into trade so once we open trade there We can opt for convert and simply see from one cryptocurrency to another 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 up here chart that we’ll see in a moment which’s going to enable us to see all the different choices that we have for training any coin any cryptocurrency so this graph this is like the classic basic model they do have an advanced one that we’ll look into also but here this is pretty complete too so you can see all the various alternatives and remember i’m not a monetary advisor so um before you know you follow the actions providing on financing um prior to you decide to buy sell any type of exchange you need to do you understand the needed research and uh choose on your own but this is a platform where you can certainly proceed and exchange your cryptocurrency buy yourself directly and we can likewise go like i said to the more innovative model which is going to have more information and simply take that you have a further understanding of how the exchange is going to work however if you do have that understanding and you’re able to evaluate it this is another fantastic choice Where you can have a look at the particular rates and simply exchanges that you can do and then they also have if you want to do a margin trade we can go take a look into that however normally traditional in advance resemble the two most pre-owned ones but we can absolutely uh see how margin trades would work as well if that’s something that you want to examine out in order to make your choices 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 different guides on how to use their platform so that’s pretty cool due to the fact that even if you know you’re new to this you don’t have that much experience they do help you too so p2p likewise trades and stock token also if we go here to wallet. Binance Loom
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we’ll see all the various wallets that um you can save it in and i do just want to make a parenthesis here so personally i suggest utilizing an offline wallet so having a personal address a physical wallet where you can keep all your coins due to the fact that the important things is when you buy the cryptocurrency on these platforms and you’re keeping it on an online wallet you don’t have full control of that cryptocurrency so I will be leaving a link below for the ledger nanowx which is a fantastic choice journal nanowx is a physical wallet you have complete control over it and if you don’t like the ledger nano x there’s likewise the trezor wallet choice both are fantastic both do the exact same thing and you’re going to have control over your cryptocurrency which is the most essential one two.