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 Cryptocurrency trading. |
Berkins
Mitglied
Dabei seit: 25.11.2021
Beiträge: 16
Name: Grig Woods
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Binance, the largest centralized cryptocurrency exchange, attracts domestic traders not only with its Russian-language interface, convenient, understandable navigation, and a familiar trading terminal with a familiar set of technical analysis tools. Binance is ahead of competitors in terms of daily trading volume, liquidity ratio.
There are more than 400 digital assets in the listing. Support for over 40 fiat currencies, including the Russian ruble. There are loyal tariff plans - for example, in the spot market, the commission for a taker / maker is 0.075%.
Using a trading platform native coin (BNB), you can reduce the tariff plan by 25%. The indicated other factors arouse a keen interest in the trading platform among domestic speculators, and make the question of how to trade on Binance relevant.
Classic: Cryptocurrency trading in the spot market
Highly recommended to all digital finance and investment newbies as it does not require deep knowledge. We go from the account to the "Classic" tab through the "Trading" section. Then we proceed as follows:
In the center of the monitor is the window of the basic version of the trading terminal. If you wish, you can switch to the more familiar TradingView for most traders.
In the upper right side of the screen, select the market where we plan to profitably speculate - BUSD, USDT, BNB, BTC, ALTS (ETH, TRX, XRP, DODG altcoins), fiat (15 currencies, including the ruble).
In the same zone, but lower, we determine the trading pair - for example, BTC/USDT.
The queue for analysis - we study an online chart that displays the volatility of the selected cryptocurrency bundle for at least a few days. The required time frame can be set in the terminal functions. We also examine the history of transactions (to the right under the choice of currency pairs) and the Depth of Market - to the left of the trading terminal. The collected information will help you enter the auction in the most profitable way.
We proceed to the selection and execution of an order. Binance on the spot offers 3 order options - market, limit, stop limit. The first contract allows you to make an instant transaction at the current market price. The disadvantage is slippage. Therefore, it is advisable to dwell on the second option - the limit. This type of order allows you to set your own price for buying / selling a crypto asset - when the trend breaks through the set level, the contract will work and funds will be credited to the trader's account. The stop limit is identical to the previous type, but with one important addition - a regulatory price level can be introduced into the contract, which protects against large losses in the event of a deep correction in the exchange rate, which is not uncommon for the cryptocurrency market.
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29.01.2022 04:33 |
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Jamboo
Mitglied
Dabei seit: 21.10.2021
Beiträge: 21
Name: Zaz K Green
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Hi. If you have been following the crypto market lately, then you have noticed a rather high volatility of the cryptocurrency. Many traders have made very good money on this. I believe that the use of crypto trading signals, as well as successful strategies from the company napbots, will help any even inexperienced trader, so I recommend everyone to join napbots and become a successful trader.
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29.01.2022 14:58 |
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