May 1,2022

Hi ka home mates,I' m here again, it's May 1 the speed of time, I have another thing I want to share about Binance wallet.lets go!

Binance Tutorial for beginners,so here's a very important before we start this tutorial,The price of these cryptocurrencies are super Volatile, you can either earn from here or suffer a loss, for now the price trend of cryptocurrency especially the Bitcoin are rising, but is is not guaranteed that it will continuously rise, say that for the following months or in a year it will continue to rise, it's not like that so Incase that you decide to enter this, make sure that you study it throughly firts and do some research, because Bitcoin trading is super risky. Here in Binance we will trade,buy and sell bitcoins and other cryptocurrencies. The good thing here is that our purchase is not limited to bitcoins only.

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There's a cut of info here but don't worry home mates , I will discuss them later, this is easy to understand. It just seems intimidating because there's a lot of movements and numbers on the screen, later I will explain all the things you need to focus on read and learn in here as a beginner.

Firts you to have a better understanding in Binance trading, let us discuss these so called cryptocurrencies ,in cryptocurrencies bitcoins are not the only one present there are a lot more kinds of cryptocurrencies

Example are bitcoins they are cryptocurrency

• Etherium

• XRP

Are also cryptocurrencies, so home mates, there are many kinds of cryptocurrencies

For example, just think of foreign currencies, we have the

• US Dollar

• Euro

• Yen

-Us Dollar has a value of 48 pesos today

_the Euro has a value of 60 pesos

_The Yen is 0.46

Then for tomorrow or the next day they will have a different value

Example

• Dollar could be 48.1 or 48.2

• Euro could decrease to 59.5

• Yen could be 0.50

So the value of foreign currencies differ from day to day, imagine the Bitcoin is the US dollar and the etherium is the euro Again.

This is just an example home mates, so every second every minute their value changes

Example last week the bitcoin is around 1.1 to 1.2 million this week it reach 1.3 million, then Etherium which has a different value, yesterday from its value today so there is movement in the prices of cryptocurrencies and our goal here is to buy when the price are low and sell these cryptocurrencies when their prices are high.

So let's go to the Coin Market cap so that we could visualize this, so the firts one we can see is the bitcoin then Etherium USDT, XRP, light coin, Bitcoin cash, binance coin, so these are what we call cryptocurrencies and their values changes every minute, every second each one of the cryptocurrencies have a different value, for now a bitcoin is 29,979 US Dollar Etherium on other hand is 713 US Dollar,

So they have different values so there are many kinds of cryptocurrencies here, just check in coin market cap the cryptocurrencies listed here, Most of these coins here can be traded in Binance as shown here in our Binance hompage.

Here in Binance we can buy bitcoins, Etherium, XRP, USDT, lightcoins the very first thing to look at here is the wallet then "firts" and "spot" in here, you can see your balances and your wallets for example USDT, Which is an example of an Artcoin, we have 81 USDT which has a. Equivalent of 0.03 BTC as you can see here.

We so have 0.17 BNB account which has a bTC value of 0.002 once you scroll down, you can see all of your balances in your wallet in your Binance account, later we will discuss how to cash in trade and withraw your earnings here.

To trade in here, go to "trade" there are 2 basic ways to trade here, Fitrs is convert which is the easiest way to trade then the second one is classic

Let's discuss convert firts home mates, this is the easiest one, "From" is your balance on the balance you will use to trade 'Tl" is the are you want to buy? For example we have 81 USDT which we want to use to buy then we want to Buy BTC using USDT, we will choose BTC in "To" but if you don't want to buy BtC, just click here and choose the currency you want to buy for example you want to buy Etherium, so in "from" just enter the amount you want to convert, Example we put 10 USDT, and we will convert it to Etherium, then click preview conversion. So now you can see how much Etherium you will be receiving. As you can see there's a times showing 6 seconds only because as we explained earlier, the values very volatile so every minute, every second it's value changes meaning we need to refresh this because it's value changed so let's refresh it.

As you can see we will now get a greater number of their now than Earlier. Once you click "convert" you see that it is successful, so we now have 0.014 Etherium in our wallets of course, we no longer have our 10 USDT for we have converted it, as you can see our USDT nhas decreased so we need to refresh this. Home mates you may notice that I will frequently mentioned USDT.

USDT is a cryptocurrency bit it's value doesn't move tajt often , it is like that USDT somehow always matches up with the value of a US dollar.

For example

• Us dollar is worth 48 pesos

• USDT is also wort 48 pesos

When trading it is a good thing when you use USDT it is like a Bitcoin whose values suddenly goes up or down, so if your water is compesed of bitcoins mostly once the value of the bitcoin rises you will earn but once it declines you will suffer a loss. That's what most traders use USDT in buying and selling cryptocurrencies

But home mates, I'm not 100% recommending the use of USDT because of course, it's is still a crypto currency so I can't fully recommend fou you to use USDT, like if your selling bitcoins, I can't fully recommend that you use USDT selling bitcoins, Ii can't fully recommend that your use USDT to get the sale.

Up to here firts you home mates for more information don't forget to subscribe so you are always updated as my new artichank you somuch to the sponsor's.

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Philippines

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