Yes so Binance Vs Ftx….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 showing you whatever you need to understand 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 produce your account you’ll be able to register here on binance which is truly simple to do so without additional ado let’s begin first on the web page for binance you will have the ability to just actually see right away.
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that you can start buying and if you just want to have a look at the different coins that they offer you’ll be able to do that if you simply scroll down they really have quite a long list of coins offered so press on view more like i did and the list like i stated is long so i’m not going to be reviewing all of them however i do want you to simply to take a look at a few of the coins that they provide likewise for each coin you’ll be able to compare the current rate that they have and the 24 hr change along with the 24 hr high and the 24 hour low the marketplace cap and the 24 hour volume and now we go here to purchase crypto you’ll see that they have various payment alternatives so you can pay with bank deposit credit or debit card p2p trading cash balance or perhaps 3rd party payment so i think that is a very essential thing to look at when you’re opting for an exchange platform the payment alternatives that they have and then 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 different block modification exchanges that they have the academy so you can really get tutorial videos and guidance straight 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 focus on is the different payment options that they’re going to have to really purchase your cryptocurrency then they have markets fantastic they have various forms of trading so we’ll look at those in a moment and after that derivatives financing so let’s go into trade so as soon as 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 likewise go to the timeless trade design.
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it’s going to open here graph that we’ll see in a moment and that’s going to enable us to see all the various options that we have for training any coin any cryptocurrency so this chart this resembles the traditional basic design they do have a more advanced one that we’ll look into as well but here this is quite total too so you can see all the various alternatives and keep in mind i’m not a financial advisor so um prior to you know you follow the steps providing on financing um prior to you decide to purchase sell any kind of exchange you need to do you understand the required research and uh choose for yourself but this is a platform where you can definitely proceed and exchange your cryptocurrency purchase yourself straight and we can also go like i stated to the more sophisticated model which is going to have more details and simply take that you have a further understanding of how the exchange is going to work however if you do have that knowledge and you’re able to evaluate it this is another fantastic alternative Where you can have a look at the specific rates and simply exchanges that you can do and then they also have if you want to do a margin trade we can go take a look into that but typically classic in advance resemble the two most used ones but we can absolutely uh see how margin trades would work as well if that’s something that you want to inspect 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 quite cool due to the fact that even if you understand you’re new to this you don’t have that much experience they do assist you also so p2p likewise trades and stock token likewise if we go here to wallet. Binance Vs Ftx
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we’ll see all the different wallets that um you can keep it in and i do simply want to make a parenthesis here so personally i suggest utilizing an offline wallet so having a personal address a physical wallet where you can keep all your coins since the thing is when you purchase the cryptocurrency on these platforms and you’re keeping it on an online wallet you do not have complete control of that cryptocurrency so I will be leaving a link below for the ledger 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 also the trezor wallet option both are fantastic both do the exact same thing and you’re going to have control over your cryptocurrency which is the most important one two.