Binance Review | Binance Review Tutorial 2022 ✅ - YouTube

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  everything you need to know about binance  

so you can see how it works and determine if this  is the right 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 create your  

account you'll be able to sign up here on binance  which is really simple to do so without further  

ado let's begin first on the home page for binance  you will be able to just really see right away  

that you can start buying and if you just want to  take a look at the different coins that they offer  

you'll be able to do that if you just 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 said is very long so i'm not going to  

be going over all of them but i do want you to  just to take a look at some of the coins that  

they offer also for each coin you'll be able to  compare the current price that they have and the  

24 hour change as well as the 24 hour high and the  24 hour low the market cap and the 24 hour volume  

and now we go here to buy crypto you'll see that  they have different payment options so you can  

pay with bank deposit credit or debit card p2p  trading cash balance or even third party payment  

so i think that is a very important thing to look  at when you're going for an exchange platform the  

payment options that they have and then if you go  into the square symbol here you'll see some other  

features that finance has for example for exchange  um so seeing just the different block change  

exchanges that they have the academy so you can  actually get tutorial videos and guidance directly  

from binance on how to trade on their platform  broker charity cloud and also trust wallet  

so yeah you can take 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 actually buy  

your cryptocurrency then they have markets great  they have different forms of trading so we'll look  

at those in a moment and then derivatives finance  so let's go into trade so once we open trade there  

we can go for convert and just see from one  cryptocurrency to another how much the conversion  

rate is going to be um and then if we also go to  the classic trade model it's going to open up here  

graph that we'll see in a moment and that's going  to allow us to see all the different options that  

we have for training any coin any cryptocurrency  so this graph this is like the classic simple  

model they do have a more advanced one that we'll  look into as well but here this is pretty complete  

too so you can see all the different options  and remember i'm not a financial advisor so  

um before you know you follow the steps giving  on finance um before you decide to buy sell any  

type of exchange you must do you know the needed  research and uh decide for yourself but this is  

a platform where you can definitely go ahead and  exchange your cryptocurrency buy yourself directly  

and we can also go like i said to the more  advanced model which is going to have more  

details and just take that you have a further  understanding of how the exchange is going to  

work but if you do have that knowledge and you're  able to analyze it this is another great option  

where you can take a look at the specific rates  and just 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 usually classic in  

advance are like the two most used ones but we can  definitely 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 finally yeah so  there was gonna appear a video like i said they do  

have tutorials and different guides on how to use  their platform so that's pretty cool because even  

if you know you're new to this you don't have  that much experience they do help you as well  

so p2p also trades and stock token also if we go  here to wallet we'll see all the different wallets  

that um you can store it in and i do just want to  make a parenthesis here so personally i recommend  

using an offline wallet so having a private  address a physical wallet where you can keep  

all your coins because the thing is when you  buy the cryptocurrency on these platforms and  

you're keeping it on an online wallet you don't  have full control of that cryptocurrency so  

i will be leaving a link below for the  ledger nanowx which is a great option  

ledger nanowx is a physical wallet you have  full control over it and if you don't like the  

ledger nano x there's also the trezor wallet  option both are great both do the same thing  

and you're going to have control over your  cryptocurrency which is the most important  

so i will be leaving a link for the  treasure as well in the description below  

and that way you'll be able to just take a look  at both of them decide which is best for you  

they're not that expensive they are more  expensive of course than if you go with an  

online option but like i said you're not going  to have the control of your cryptocurrency so  

both ledger nano x and trezor they are around the  same price so sometimes they have discounts they  

are around a hundred dollars right now so you can  just take a look at the links and see the current  

rate from the currency whatever country you're in  right now anyway going back to binance so once you  

have that wallet there you can also store the  cryptocurrency that you buy in binance in your  

offline wallet and that's pretty much it for  binance it's also important to know that you'll  

be able to see the orders that you have so spot  order margin order to p order dual investment  

order and the earned history that you have from  your orders so and you're my crypto history so  

whatever cryptocurrency you bought you'll be able  to track the history here directly on binance  

loan history convert history and launch part  history also if you're in another country and  

english is not you know the main language they do  offer a variety of languages that you can use the  

platform in so that's great as well and not only  the language but you're also able like i have it  

as usd but you can really use any currency that  you want to be the main currency on the platform  

and i think that does cover basically everything  about binance again i will be leaving the link  

in the description below so that you can go  ahead create your account it's very simple  

and yeah it just takes a few minutes to set up it  does have a lot of great features like i mentioned  

and one of the best things is the tutorials that  they have and remember the other thing i mentioned  

that you do want to have an offline wallet to keep  that cryptocurrency that you've bought that you're  

exchanging so ledger nano x is a great option or  the trezor wallet i will be leaving a link below  

for both so in the description box you'll find  the link for the ledger nano x and also for the  

trezor wallet so thank you for watching the video  guys if you found this helpful then give it a like  

any questions that you have about finance about  the offline wallets feel free to leave it in the  

comment section i'll be happy to answer and yeah  share this video with anyone else who might find  

it helpful if you subscribe we are putting more  content to help you with cryptocurrency topics  

so make sure to subscribe as well  and see you in the next video thanks