Yes so Binance Vs Kraken Canada….Hello 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 need to learn about binance so you can see how it works and identify if this is the best 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 register here on binance which is really simple to do so without additional ado let’s begin initially on the home page for binance you will be able to just actually see right away.
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that you can start purchasing and if you simply wish to have a look at the different coins that they offer you’ll have the ability to do that if you just scroll down they truly have rather a long list of coins offered so press on view more like i did and the list like i said is long so i’m not going to be going over all of them however i do want you to simply to have a look at a few of the coins that they provide also for each coin you’ll be able to compare the current price that they have and the 24 hour change in addition to the 24 hour high and the 24 hour low the market cap and the 24 hr 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 crucial thing to look at when you’re opting for an exchange platform the payment choices that they have and after that if you go into the square sign here you’ll see some other functions that finance 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 but the most important thing to concentrate on is the various payment options that they’re going to need to in fact purchase your cryptocurrency then they have markets great they have different forms of trading so we’ll look at those in a moment and after that derivatives financing so let’s go into trade so when we open trade there We can choose transform and simply see from one cryptocurrency to another how much the conversion rate is going to be um and then if we also go to the traditional trade model.
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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 various alternatives that we have for training any coin any cryptocurrency so this graph this resembles the classic basic design they do have a more advanced one that we’ll look into as well but here this is pretty complete too so you can see all the various choices and keep in mind i’m not a financial consultant so um prior to you know you follow the actions providing on finance um before you decide to buy sell any type of exchange you should do you know the required research and uh choose on your own however this is a platform where you can definitely go ahead and exchange your cryptocurrency purchase yourself straight and we can also go like i said to the more sophisticated model which is going to have more information and just take that you have a more understanding of how the exchange is going to work but if you do have that knowledge and you’re able to analyze it this is another great choice Where you can take a look at the specific 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 usually classic 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 wish to inspect 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 quite cool since even if you understand you’re new to this you don’t have that much experience they do assist you too so p2p also trades and stock token also if we go here to wallet. Binance Vs Kraken Canada
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we’ll see all the different wallets that um you can save it in and i do simply want to make a parenthesis here so personally i suggest utilizing an offline wallet so having a private address a physical wallet where you can keep all your coins because the thing is when you purchase 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 listed below for the ledger nanowx which is a great alternative journal nanowx is a physical wallet you have complete control over it and if you do not like the journal nano x there’s also the trezor wallet alternative both are fantastic both do the very same thing and you’re going to have control over your cryptocurrency which is the most essential one 2.