Yes so Binance Vs Nexo….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 everything you require to know about binance so you can see how it works and determine if this is the right 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 have the ability to develop 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 home page for binance you will have the ability to just truly see immediately.
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that you can begin buying and if you just wish to take a look at the different coins that they provide you’ll be able to do that if you just scroll down they actually have quite a long list of coins offered so press on view more like i did and the list like i stated is very long so i’m not going to be reviewing all of them however i do want you to just to take a look at a few of the coins that they offer also for each coin you’ll be able to compare the existing price that they have and the 24 hr change in addition to the 24 hr high and the 24 hr low the marketplace cap and the 24 hour volume and now we go here to buy crypto you’ll see that they have various payment options so you can pay with bank deposit credit or debit card p2p trading money balance or perhaps 3rd party payment so i think that is a really crucial 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 sign here you’ll see some other functions that financing has for example for exchange um so seeing just the various block modification exchanges that they have the academy so you can really get guide videos and assistance straight 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 various payment choices that they’re going to have to in fact buy your cryptocurrency then they have markets fantastic they have different kinds of trading so we’ll look at those in a moment and after that derivatives financing so let’s go into trade so as soon as we open trade there We can opt for transform and just see from one cryptocurrency to another just how much the conversion rate is going to be um and then if we also go to the traditional trade design.
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it’s going to open up here graph that we’ll see in a moment and that’s going to allow us to see all the various choices that we have for training any coin any cryptocurrency so this chart this is like the traditional simple model they do have an advanced one that we’ll check out as well but here this is pretty total 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 steps providing on financing um before you decide to buy sell any type of exchange you need to do you know the required research study and uh choose for yourself however this is a platform where you can absolutely go ahead and exchange your cryptocurrency buy yourself straight and we can likewise go like i said to the more innovative design which is going to have more details and simply take that you have a more 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 excellent choice Where you can take a look at the specific 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 but usually timeless in advance are like the two most used ones but we can definitely 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 finally yeah so there was gon na appear a video like i said they do have tutorials and various guides on how to utilize their platform so that’s pretty cool due to the fact that even if you understand you’re new to this you don’t have that much experience they do assist you as well so p2p likewise trades and stock token likewise if we go here to wallet. Binance Vs Nexo
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we’ll see all the different wallets that um you can save it in and i do just want to make a parenthesis here so personally i advise using an offline wallet so having a personal address a physical wallet where you can keep all your coins since the thing 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 journal nanowx which is a fantastic option journal nanowx is a physical wallet you have full control over it and if you don’t like the ledger nano x there’s also the trezor wallet choice both are fantastic both do the very same thing and you’re going to have control over your cryptocurrency which is the most important one 2.