Yes so Binance Vs Simplex….Hey there 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 revealing you whatever you require to know about binance so you can see how it works and figure out if this is the ideal 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 produce your account you’ll be able to sign up here on binance which is actually basic to do so without more ado let’s begin first on the home page for binance you will have the ability to just really see right away.
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that you can begin buying and if you just wish to have a look at the various coins that they offer you’ll be able to do that if you simply scroll down they actually have quite a long list of coins provided 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 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 present price that they have and the 24 hr modification in addition to the 24 hour high and the 24 hr low the market cap and the 24 hour volume and now we go here to purchase 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 and even third party payment so i believe that is an extremely important 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 finance has for example for exchange um so seeing simply the various block change exchanges that they have the academy so you can actually get tutorial 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 have to in fact purchase your cryptocurrency then they have markets terrific they have different types of trading so we’ll look at those in a moment and then derivatives finance so let’s enter into trade so once we open trade there We can go for convert and just 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 classic trade design.
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it’s going to open here graph that we’ll see in a moment which’s going to allow us to see all the different choices that we have for training any coin any cryptocurrency so this graph this is like the traditional easy design they do have a more advanced one that we’ll look into also but here this is pretty total too so you can see all the various options and remember i’m not a financial advisor so um prior to you know you follow the steps providing on financing um before you choose to purchase offer any kind of exchange you should do you understand the required research and uh choose for yourself but this is a platform where you can certainly go ahead and exchange your cryptocurrency buy yourself directly and we can also go like i stated to the more sophisticated design which is going to have more details and just take that you have an additional understanding of how the exchange is going to work however if you do have that understanding and you’re able to analyze it this is another great option Where you can have a look at the particular rates and just exchanges that you can do and then they also have if you wish 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 definitely uh see how margin trades would work as well if that’s something that you wish to check 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 different guides on how to utilize their platform so that’s pretty 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 likewise if we go here to wallet. Binance Vs Simplex
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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 recommend 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 thing 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 ledger nanowx which is an excellent 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 option both are fantastic both do the very same thing and you’re going to have control over your cryptocurrency which is the most crucial one 2.