To open an account is very simple you can rather use the binance app, binance website or the desktop version of binance, you use your email or phone number to verify your account.

When downloading binance app on your phone you can rather use playstore for Android users or appstore for iOS user (iphone users) this is binance official logo if you want to download.

You can use my referral link to register your binance account

Click here to create an account.

Verifying your binance account

One you need a government issued id to verify your account like drivers license or an international passport which make it more easy to use.verification may take up to a day to verify, it doesn't matter you can trade on binance without issues.

Verification for Nigerian is very tight because of the restriction by the CBN on crypto to Nigeria banks. But before the ban we can just use our cards to fund our wallet from binance, so binance has to switch to a new mood of funding of binance wallet called p2p (peer to peer ) with P2P trading we can easily fund our binance wallet.

Those whose accounts are not verified can fund their accounts too and buy crypto. They just have to wait for it to be verify and they are good to go and after the verification of your account and your binance wallet is funded with amount of your choice you start to trade and one advice is never use money for borrow to start if you are just a beginner in the trading world l,you can use your own personal money to start with a very little or more capital to start trading it your choice and with time you can start using huge amount of money you want to trade with it only adviceable for beginners to start small to understand the market more better cause when using binance when losses are made and no profit binance does not have anything to do with it.

Types of traders

They are three major types of traders:

1 we have the daily (enter and exit the that same day)

2 swing traders (weekly to monthly depending on how long he or she holds the coin)

3 investor (they can hold a particular coin for more one to three years).

Places you can store your coins (wallet).

We have:

Software wallet.

Hardware wallet.

Cloud wallet.

Software wallet are majorly installed in your phones,PC and your desktop version and it secure.example of software wallet

Metamast

Trust wallet

Coinbase wallet

Huobiwallet etc.

Hardware wallet are already made devices you store your coins and it very secure.example of hardware wallet

Ledger Nano S.

Trezor Model One- Crypto Hardware Wallet.

SafePal S1.

Steel Bitcoin Wallet for Hardware Wallet Backup.

Trezor Model T-Next Generation.

D'CENT Biometric Wallet

SecureX V20 Most Secure

SecureX W20 Most Secure etc.

Cloud Wallet allows users to manage their digital assets without having to keep a private key example an app that use or runs with cloud wallet is the official Bitcoin.com wallet

These are just few of the wallet I know guys you can add to what I just mentioned.

You might wanna be here😃

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