JoeKonek

Beginners
Guide In Cryptocurrency Trading<o:p></o:p>

It’s been 5 years since I started Cryptocurrency trading,
I mean since it was introduced to me by a friend. I’m very skeptical just
hearing the word Crypto – I really thought it's another part of the PONZI scheme or another
form of an Internet scam or whatsoever. <o:p></o:p>

To cut the story short, I made thorough market
research since it was introduced to me in 2016, but I never actually invested that
much until the later part of 2020. Since the pandemic hit, the Crypto world is
making a Buzz again but this year is quite different, public is now becoming more
aware than ever of how much profit they are getting from Cryptocurrency trading and
mining alike. Like there’s even a shortage of Mining GPUs all over the world
right now as I write. <o:p></o:p>

If you are to ask me right now, is it worth gambling
your savings to Crypto?  It’s a YES for
me! But be very careful as the stake is so high so is the RISK! <o:p></o:p>

There are actually two ways to earn Crypto, through
Cryptocurrency trading and Mining – if it’s not mentioned then it's maybe a scam,
so BEWARE. However, let’s just focus on how to make a lot of money in
Cryptocurrency trading, I will release a separate article for Crypto Mining. <o:p></o:p>

Actually, there’s a lot of articles out there explaining
you all about this, but one thing is common they are missing a very important
and crucial part, they failed to explain in layman’s term all the JARGONS and
technical terms used in Crypto world. <o:p></o:p>

<o:p> </o:p>

Definition
In Layman’s Term – Cryptocurrency Trading<o:p></o:p>

Cryptocurrency
–
or people call it “Crypto” in short. It’s a digital asset or digital money with
no actual cash; however, you can exchange it for goods & services.  Still, confused?<o:p></o:p>

Just like when you are playing arcade in malls or
playing cards in casinos, arcade uses tokens while casino uses chips. You’ll
need to exchange real money for tokens or chips to play arcade or in the casino,
same thing goes with Crypto it's an online medium to access the good or services
on the internet. In short, cryptocurrency is the most popular currency used on
the internet. <o:p></o:p>

But how to get hold of Crypto? You’ll either exchange
your real money for crypto OR through crypto mining.  <o:p></o:p>

Cryptocurrency
Trading – I bet
a lot of newbies are not familiar of
this term, even when I start hearing this word way back in 2016 I already taught it’s
a SCAM. A very organized scam on the internet. Well, you can’t blame me because
PONZI scheme is very popular even today. <o:p></o:p>

Cryptocurrency trading is more like you are trading
stocks but this time you will use Crypto to trade. Trade means it’s a basic economic concept involving the buying and selling of
goods and services or the exchange of goods or services between parties. In
short, you just need to buy LOW and SELL high as simple as that.<o:p></o:p>

Trading
Platform – the place where you can trade your
Crypto. There are a lot of trading platforms you can choose from, each with its
advantages and drawbacks. <a href="file:///C:/Users/Administrator/Documents/JOE_ESPA_ARTICLES/coinbase.com/join/villar_0iz?src=android-link">Coinbase</a> for example,
as we all know one of the best Crypto trading platforms and <a href="https://accounts.binance.cc/en/register?ref=71224387">Binance</a> which I’m
currently using right now to trade Crypto. As I said, they're a lot of trading platforms
out there but these two proves to be the BEST and most convenient so far. <o:p></o:p>

I guess we are all set, we will now start trading and make a lot of
money with <a href="https://accounts.binance.cc/en/register?ref=71224387">Binance</a>.<o:p></o:p>

<o:p> </o:p>

Getting Started With
Cryptocurrency Trading – Newbies Guide<o:p></o:p>

Of course, we need to create an account to start trading, and we’ll
choose <a href="https://accounts.binance.cc/en/register?ref=71224387">Binance</a>
as our trading platform which by the way one of the best Cryptocurrency Trading
platforms.  <o:p></o:p>

Step 1 <o:p></o:p>

– Register an account with <a href="https://accounts.binance.cc/en/register?ref=71224387">Binance</a>. <a href="https://accounts.binance.cc/en/register?ref=71224387">Click here</a>.<o:p></o:p>

-      Fill in the
necessary information and check the verification code sent through email or
your registered phone number.<o:p></o:p>

-      You’ll be asked to
verify your phone number for account security which you should.

-      Identity
verification – you’ll need to submit ID documents to verify your identity. Go to
settings – Click Basic Info – under Identity verification click VERIFY.<o:p></o:p>

-      Please download
Binance APP for a more convenient way to trade. <a href="https://www.binance.com/en/download">Click here</a>.

Now, all we need to do is deposit money or add crypto to your account.
Based on experience the best way to add crypto to your account is by using P2P
Trading feature.<o:p></o:p>

What is P2P Trading? It is one of the best features of Binance wherein
crypto Traders meet in a very organized platform, where they can buy and sell
crypto with a ZERO transaction fee. However, crypto traders may add a very
minimal interest on top of the current market value.  <o:p></o:p>

One of the advantages of P2P Trading which I personally like, it offers
wide range of payment methods available in your country. <o:p></o:p>

-      Choose the LOWEST price
in the market, I prefer to buy USDT because it’s the most stable coin and you can
barely feel its movement. You may exchange it later with other coins anyway.<o:p></o:p>

Note:
Please
check on the right side of their Ads the lists of available payment methods they
are accepting. Also, please take note that the minimum and maximum orders may vary
depending on the merchant. Please check the attached images below. <o:p></o:p>

Step 8

-      Assuming
that you have chosen the right merchant to buy your first crypto, you’ll need
to pay the merchant first before clicking on the “Transferred NEXT” button
based on Binance terms & conditions.  Don’t worry it's totally safe in P2P trading, so
far I never encountered a scam in P2P trading because everything here is
verified.  If you have hesitation, you
may contact the merchant first using the CHAT option on the upper right corner
of the APP which I always do every time I use P2P trading. <o:p></o:p>

Step
9<o:p></o:p>

Step
10<o:p></o:p>

<o:p></o:p>

For the continuation of this STEP by STEP guide in
Making A Lot of Money with Cryptocurrency trading please check this article: <o:p></o:p>

How To Make A LOT of Money In Cryptocurrency Trading (BINANCE)? – Explained In Layman’s Term

Beginners Guide In Cryptocurrency Trading It’s been 5 years since I started Cryptocurrency trading, I mean since it was introduced to ...

How To Make A LOT of Money In Cryptocurrency Trading (BINANCE)? – Explained In Layman’s Term

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