Yes so Binance Open Interest….Hey there everyone 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 require to learn about binance so you can see how it works and figure out if this is the right 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 produce your account you’ll have the ability to sign up here on binance which is actually simple to do so without further ado let’s begin initially on the web page for binance you will be able to just actually see right now.
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that you can begin purchasing and if you just wish to take a look at the various coins that they use you’ll have the ability to do that if you simply scroll down they truly have quite a long list of coins offered 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 just to have a look at a few of the coins that they use likewise for each coin you’ll have the ability to compare the current cost that they have and the 24 hr modification as well as the 24 hour high and the 24 hr 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 alternatives 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 going for an exchange platform the payment alternatives that they have and then if you go into the square sign 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 really get guide videos and assistance directly from binance on how to trade on their platform broker charity cloud and also trust wallet so yeah you can have a look at those from this icon here the square icon however the most crucial thing to focus 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 enter into trade so when we open trade there We can choose transform 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 timeless trade model.
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it’s going to open up here graph 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 chart this is like the timeless easy design they do have a more advanced one that we’ll look into too but here this is pretty complete too so you can see all the different alternatives and keep in mind i’m not a financial consultant so um prior to you know you follow the actions giving on financing um before you choose to buy sell any type of exchange you should do you understand the needed research and uh decide for yourself however this is a platform where you can absolutely go ahead and exchange your cryptocurrency purchase yourself directly and we can likewise go like i stated to the more sophisticated design which is going to have more information and simply take that you have a more 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 great option Where you can have a look at the specific rates and just exchanges that you can do and after that they likewise have if you want to do a margin trade we can go have a look into that but typically timeless in advance are like the two most used ones however we can certainly uh see how margin trades would work as well if that’s something that you wish to inspect 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 stated they do have tutorials and various guides on how to use their platform so that’s quite cool because even if you understand 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 Open Interest
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we’ll see all the different wallets that um you can keep it in and i do just wish to make a parenthesis here so personally i recommend 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 purchase 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 listed below for the ledger nanowx which is an excellent alternative ledger nanowx is a physical wallet you have full control over it and if you do not like the ledger nano x there’s likewise the trezor wallet alternative both are excellent both do the exact same thing and you’re going to have control over your cryptocurrency which is the most important one 2.