Yes so How Binance Dex Works….Hello everyone 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 everything you need to know about binance so you can see how it works and identify if this is the right 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 be able to create your account you’ll be able to register here on binance which is truly easy to do so without more ado let’s start first on the home page for binance you will have the ability to simply really see right away.
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that you can start purchasing and if you simply wish to have a look at the various coins that they use you’ll have the ability to do that if you just scroll down they really have rather a long list of coins provided 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 just to have a look at some of the coins that they use likewise for each coin you’ll be able to compare the current price that they have and the 24 hour modification along with the 24 hour high and the 24 hour low the marketplace cap and the 24 hr volume and now we go here to buy crypto you’ll see that they have various payment choices so you can pay with bank deposit credit or debit card p2p trading money balance or perhaps third party payment so i think that is an extremely crucial thing to look at when you’re opting for an exchange platform the payment options that they have and after that if you go into the square symbol here you’ll see some other features that financing has for example for exchange um so seeing simply the various block modification exchanges that they have the academy so you can in fact get tutorial 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 however the most important thing to concentrate on is the different payment alternatives that they’re going to have to actually buy your cryptocurrency then they have markets great they have various types of trading so we’ll look at those in a moment and then derivatives financing so let’s go into trade so once we open trade there We can opt for transform and simply 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 model.
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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 various alternatives that we have for training any coin any cryptocurrency so this chart this is like the classic basic model they do have a more advanced one that we’ll check out also however here this is pretty total too so you can see all the different alternatives and keep in mind i’m not a financial advisor so um prior to you know you follow the steps offering on finance um prior to you choose to purchase offer any type of exchange you should do you understand the required research study and uh decide on your own however this is a platform where you can definitely go on and exchange your cryptocurrency buy yourself straight and we can also go like i said to the more innovative model 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 examine it this is another terrific choice Where you can have a look at the particular rates and simply exchanges that you can do and after that they also have if you want to do a margin trade we can go take a look into that but normally classic in advance are like the two most used ones however we can certainly uh see how margin trades would work as well if that’s something that you want 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 said they do have tutorials and various guides on how to utilize their platform so that’s pretty cool because even if you know you’re brand-new to this you don’t have that much experience they do assist you also so p2p likewise trades and stock token also if we go here to wallet. How Binance Dex Works
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we’ll see all the various wallets that um you can store 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 because the important things is when you purchase 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 journal nanowx which is a fantastic option journal nanowx is a physical wallet you have complete control over it and if you don’t like the journal nano x there’s likewise the trezor wallet alternative both are terrific both do the very same thing and you’re going to have control over your cryptocurrency which is the most important one two.