Yes so How Binance Smart Chain Works….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 showing you whatever you need to know 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 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 actually easy to do so without more ado let’s start first on the web page for binance you will be able to just really see immediately.
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that you can begin purchasing and if you simply want to take a look at the different coins that they offer you’ll have the ability to do that if you just scroll down they actually have rather a long list of coins provided so press on view more like i did and the list like i stated is very long so i’m not going to be discussing all of them however i do desire you to simply to have a look at a few of the coins that they use likewise for each coin you’ll be able to compare the current cost that they have and the 24 hour modification as well as the 24 hr 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 different payment choices so you can pay with bank deposit credit or debit card p2p trading cash balance and even third party payment so i think that is a really important thing to look at when you’re going for an exchange platform the payment choices that they have and after that if you go into the square symbol here you’ll see some other functions that financing has for example for exchange um so seeing simply the various block change exchanges that they have the academy so you can actually get guide videos and guidance directly from binance on how to trade on their platform broker charity cloud and likewise trust wallet so yeah you can have a look at those from this icon here the square icon but the most important thing to concentrate on is the various payment alternatives that they’re going to need to really buy your cryptocurrency then they have markets fantastic they have different kinds of trading so we’ll look at those in a moment and then derivatives financing so let’s enter 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 after that if we also go to the timeless trade design.
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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 various choices that we have for training any coin any cryptocurrency so this graph this resembles the classic basic design they do have an 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 monetary advisor so um prior to you know you follow the actions offering on finance um prior to you decide to buy sell any kind of exchange you must do you understand the required research and uh choose for yourself but this is a platform where you can absolutely go on and exchange your cryptocurrency buy yourself straight and we can also go like i said to the more advanced design which is going to have more details and just take that you have a further understanding of how the exchange is going to work but if you do have that knowledge 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 then they also have if you wish to do a margin trade we can go have a look into that however normally classic in advance resemble the two most secondhand ones but we can absolutely uh see how margin trades would work as well if that’s something that you wish 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 stated they do have tutorials and different guides on how to use their platform so that’s quite cool because even if you know 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. How Binance Smart Chain Works
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we’ll see all the various wallets that um you can store it in and i do simply wish 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 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 don’t have complete control of that cryptocurrency so I will be leaving a link below for the ledger nanowx which is a great choice 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 excellent both do the exact same thing and you’re going to have control over your cryptocurrency which is the most important one two.