Binance Cryptocurrency Trading Guide

FREE CRYPTOCURRENCY TRADING
MASTER CLASS
bY
Salman Ramadan Opeyemi
Call/Whatsapp me on: 2348105563657
Visit my website at;
www.globaltechedu.com
Telegram: t.me/globaltechedu
There is love in sharing, Kindly share to others

1
And so without wasting much time... Below are the key topics we'll be discussing*
1. HOW TO REGISTER ON BINANCE
2. WHAT IS CRYPTO CURRENCY ?
3. WHAT IS BITCOIN ?
4. HOW DO I INVEST IN CRYPTOCURRENCY ?
5. WHAT IS NEEDED TO BEGIN CRYPTOCURRENCY TRADING?
6. A BRIEF INTRO TO BINANCE
7. INTRODUCTION TO BINANCE AND HOW TO DEPOSIT
8. HOW TO MAKE PROFITS DAILY WITH CRYPTOCURRENCY
SIGNALS

2
*HOW TO REGISTER ON BINANCE*
The first thing you need is to register on Binance...
It is important you CREATE AN ACCOUNT using the WEBSITE FIRST
before you proceed to download the app and login using the APP.
You can visit the WEBSITE first by clicking the link below:
https://www.binance.com/en/register?ref=47325738
Register on Binance by clicking the link above or by copying the link on your
browser. (using the link will allow low trading fee on Binance)
You’ll be redirected to the registration page where you’ll need to enter your
*Gmail* address and create a *password*.
Read and agree to Binance’s Terms of Use and click *Register*.
*Note*: Always use a secure email address and one that you check regularly.
When creating a password, *use a mixture of numbers, symbols, upper and
lower-case letters* for security
reasons.
And keep it safe. Never disclose it to anyone.
A verification will be sent to your email.... Make sure you verify it....
After successful registration and email verification, then go to Google play
store.

3
Search for *Binance* App, and download it on your smartphone.
After the downloading and installation of the app, open the app.
On the app page, click on login. Login with the *email* and *password* you
used during registration.
Please, don't go and click on *register* on the app again. Because you have
already registered on the website using the link above, you just login to the app
by clicking the *login*...Then enter the email and password you used during
registration.
I'm stressing this because many make mistakes.
After login, you should have the interface below.

5
From the image above, you will see that there is *home*, *market*, *trade*,
*futures*, and *wallets* at the bottom of the App.
If you can't find them at the bottom of your app after login, kindly follow the
instructional steps below.
- click on the profile icon, as indicated by the arrow below:

6
Then make sure the *Binance Lite* is off...see screenshot below. If it is on, switch
it off.
Then you should now have the interface at the bottom of the app, that has *home*,
*market*, *trade*, *futures*, and *wallets*
Kindly follow the instructional steps above to register, download and install the
app.
*Let's move to the next topic*

7
*WHAT IS CRYPTO CURRENCY ?*
Crypto Currency is simply money that is not in paper form...Rather, it is electronic.
Crypto Currency is the money that you can't see, touch or feel. Money is a means
of exchange or making payments and that is also what cryptocurrency is.
•Cryptocurrency performs all the functions of money and not only performs them,
but does it even better.
•Cryptocurrency is a means of exchange that is border-less meaning you can send
this electronic money to anyone, anywhere in the world in as much as the
SENDER AND RECEIVER both have a CRYPTOCURRENCY WALLET... *[A
wallet is simply a place where you store cryptocurrencies]*
•Cryptocurrency has come to give you and I financial power, that means with
Cryptocurrency you can be your own financial manager, your account
officer/director...You're totally in charge of your account and nobody has access to
your account but you.
•Cryptocurrency is the future and the future is now. Cryptocurrency is the
beginning of greatness, a global currency that is not controlled by the government
nor any central link.
There are many cryptocurrencies in the world...*BELOW ARE FEW EXAMPLES
OF OTHER CRYPTOCURRENCIES *
*BITCOIN CASH*
*ETHEREUM*
*LITECOIN*
*RIPPLE COIN*
*DASHCOIN*
ETC…

8
*JUST LIKE BITCOIN, THESE COINS ALSO EXISTS, THEY ARE CALLED
ALTERNATE CRYPTOCURRENCIES AND HAVE DIFFERENT
VALUES...MOST TIMES, WHEN BITCOIN PRICE GOES UP, THESE COIN
PRICES GOES UP TOO*
...And with that said, you may want to ask:
*WHAT THEN IS BITCOIN ?*
*Bitcoin* is sìmply one of the many cryptocurrencies in the world and not just
that, it's the world's leading cryptocurrency.
*Just see CRYPTOCURRENCY as the money of 100+ children, while BITCOIN
is the first born child.
*Bitcoin (₿) is a decentralized peer to peer electronic cash, a digital money that
can be transferred between people or computers without any Intermediaries [e.g:
middleman such as banks] and one whose control is not under any single party.
Peer-to-peer (P2P) service is when two individuals interact directly with each
other, without intermediation by a third-party. Instead, the buyer and the seller deal
directly with each other via the P2P service.
Decentralized means it's without any central authority
*A Bitcoin Wallet Is Like Your Personal Bank Account. But it Is a bank account
for bitcoin*
*A Bitcoin Address on the other hand Is Like Your Personal* _Account Number_
*Its Made up of just Alphabets, That Are Difficult and Combined*

9
This is how a Bitcoin wallet address looks like below:
1BDNADfjrHvfyYXQqHDhpETgjasa5dc5Qk
*Your own bitcoin wallet address would definitely be different and unique.
•You can agree with me that, we've shifted from the analog age to the digital age
and majority of our payments over the internet are now been done by the services
of the middle men and that includes a credit card, paypal, Western Union etc
•But bitcoin tends to eliminate the middleman . It offers an alternative to centrally
controlled digital money with a system of three basic components.
•*Don't rush it, Understand it*
*I would like everyone to go over it slowly*
*History of Bitcoin*
Bitcoin was invented by a person or group of persons known by the pseudonym of
*SATOSHI NAKAMOTO* around 2008. The identity of this person or persons
still remains anonymous till date.
When bitcoin (btc) was launched, only a handful of people used it and then it was
worth 5 or 15 naira for 1. Many thought it was a joke, and many dreamt of the day
it would vanish into thin air. But today btc is 11 years old and still waxing stronger.
*Unlike the banks and other digital payment systems, btc allows two parties to
transact without giving up any personal identifying information.*

10
*NB* : And there are what we call bitcoin wallet apps. Just like you have your
bank apps too that houses your account number.
We also have bitcoin wallet applications too.
Example : Luno, Yellowcard, paxful, COINBASE and blockchain.
Satoshi Nakamoto authored the bitcoin white paper, created and deployed bitcoin's
original reference implementation. As part of the implementation, Nakamoto also
devised the first blockchain database.
READ UP GUYS...THESE ARE THE BASICS.
*LET'S PROCEED TO D NEXT SECTION*
HOW THEN DO I INVEST IN CRYPTOCURRENCY (BITCOIN)??
•So due to the fact that this electronic money named cryptocurrency doesn't have
anyone controlling it, it means it constantly has irregular demand and supply...So
the value is always volatile, meaning the value changes from time to time. Now as
an investor that understands the market, you can build a financially secured life just
by investing in cryptocurrency.
*How to invest in Bitcoin*?
▪️One of the biggest advantages of investing in digital currencies(Bitcoin) is the
possibility of trading in a 24/7 system, which allows you to monitor the market at
any moment. Bitcoin is ideal for speculation and investment, because of its great
popularity.
Buying and selling digital currency
*This is the most popular method of investing in Bitcoins. The best time to buy is
when the currency value is low or it is expected to increase. Then we resell the
coins when we believe that the time has come. Our investment does not have to be
short-term, we can resell our Bitcoins after a few or several years.* The advantage

11
of this type of investment is that we are the owners of the purchased Bitcoins and
we can use them as a payment method. The disadvantage is that in the case of a
loss of the value of coins, we have to simply wait for their value to increase again.
•This aspect of investing in bitcoin is popularly known as *BITCOIN
HODLING*...You're probably thinking I spelt it wrongly, that it should be
BITCOIN HOLDING right?
•Whenever a person says in a conversation that he/she is hodling or suggests to
hodl, it means that they believe their coin will be profitable one day, if not today.
So basically, “HODL” was originally a typo which has now popularly earned the
status of a humorous backronym: “HODL” – “Hold on for dear life”
So HODL is a term derived from a misspelling of "hold" that refers to
buy-and-hold strategies in the context of BITCOIN and other
CRYPTOCURRENCIES.
*SO TO BE DIRECT, BELOW ARE TWO WAYS YOU CAN INVEST IN
CRYPTOCURRENCIES*
Short Term Investment: This is self explanatory, it simply means you're a day
trader purchasing cryptocurrencies you have analysed and expect to rise for a 5% -
20% Profit in a short period of time...Just like testimonies you've either heard from
friends or seen on my status
Long Term Investments: This is also self explanatory and it means you're
purchasing a cryptocurrency for a much longer period of time for an increase of
50% to as high as 1000% (x10). Take for example; in July 2011, Bitcoin was worth
$31. 2013 bitcoin was worth $266. In November that same year, Bitcoin value rose
to $1,242. December 2017, Bitcoin was worth $19,891. Anyone who invested in
Bitcoin for long term profit in 2013 when it was at almost $300, such a person
today has made over x50 his investment.
•And currently the increase is not over, there is still time for anyone to start
investing in crypto as there are many speculations that bitcoin will increase to
$20,000 to as high as $100,000 in the next few years.

12
•The advantage in investment is that you can be a Long Term Bitcoin investor and
also be using your bitcoin to buy and sell other cryptocurrencies for short term
profits of 5% - 20% like my students do.
*NEXT PHASE*
*WHAT IS NEEDED TO BEGIN CRYPTOCURRENCY TRADING???*
▪️LAPTOP Or A PHONE
▪️STRONG INTERNET CONNECTION
Before we move on, let me address this misconception that you may have about
Bitcoin trading being something you do to get rich overnight...IT IS NOT!
Crypto Currency trading is an investment not a "GET RICH QUICK SCHEME",
it's not something you begin today and become a Millionaire tomorrow...It takes
time, consistency and discipline to grow your account from thousands to
millions...So treat it as an investment.
And most importantly, you need the best knowledge you can get on how to
professionally trade cryptocurrencies.
*The biggest mistake you can make in investments is to invest in what you don't
fully understand.*
*INTRODUCTION TO BINANCE AND HOW TO DEPOSIT*
*Binance is a global cryptocurrency exchange that provides a platform for trading
more than 100 cryptocurrencies. Since early 2018, Binance is considered as the
biggest cryptocurrency exchange in the world in terms of trading volume* .

13
*What Is the Binance Exchange?*
Binance Exchange is one of the popular cryptocurrency exchanges that offers
trading in more than 100 virtual coins including Bitcoin (BTC), Ethereum (ETH),
Litecoin (LTC) and Binance Coin (BNB).
KEY TAKEAWAYS
•Binance is an exchange where users can trade cryptocurrencies. They support
many of the most commonly traded cryptocurrencies.
•Binance provides a crypto wallet for its traders, where they can store their
electronic funds.
•Binance has its own token currency, Binance Coin.
•The exchange also has supporting programs that help traders make
INVESTMENT DECISIONS.
Binance is Primarily known for crypto-to-crypto trading—that is, trading between
two cryptocurrency pairs—Binance exchange has gained immense popularity
because of its low transaction fees, high liquidity, and additional discounts if users
pay in the native BNB cryptocurrency tokens.
Binance is based in Tokyo, Japan. Its exchange services were launched in 2017. It
claims high standards of safety and security with multi-tier and multi-clustered
architecture and delivers high processing throughput with the capacity to process
around 1.4 million orders per second. It supports trading in more than 150 coins,
including popular ones like Bitcoin, Ethereum, Litecoin, and its own native BNB
tokens, and the list continues to grow.
*The name "Binance" is based on a combination of the words; Binary and
finance*

14
Binance has so many coins and those coins have their wallets and wallet address
So you'll just have to select the coin you want to deposit.
*So basically we'll be using bitcoin to invest on other coins...Thereby growing
our bitcoin*
If you really want to be rich, Buy Bitcoin and USDT
WE GROW THE BITCOIN AND USDT
*HOW TO DEPOSIT FUNDS ON BINANCE*?
Please note that you can set your Binance App to be *light* or *dark*... So I will
be using *dark mode* picture.
It is still the same thing, step, and process with the light mode picture…
So, Login onto Binance
Then, Click on wallet as shown from the screenshot below:

15
Then it will show “Deposit | Withdrawal”
Select the deposit button, and it will open up the following page with many coins
options to deposit to.
Now select/search the coin you wish to deposit to.

16
we searched for *BTC (Bitcoin)* and we selected it.
Once done, a new dedicated wallet will be created (this is a BTC wallet address
that belongs to your account on Binance). See screenshot below.

17
This is the wallet address above you are depositing to.... This is the BITCOIN
wallet address.
The wallet address for each coin is different, make sure you deposit only the
specific coin to its wallet, otherwise it can result in complete loss of the funds.

18
Now, send your coins from another wallet (or anywhere you're sending from) to the
new generated address.
Please follow the screenshots above for the instructions on how to deposit funds.
Note that if you are buying bitcoin from sellers, you will be asked to provide
your BITCOIN address, that's the address you will send them....
And be careful of scammers...Only buy from legit sellers
Also note that the amount of BITCOIN you bought or deposited will reflect on
your BITCOIN balance account after like 5, 10, Or 15 minute or more after
BLOCKCHAIN CONFIRMATION
You can also buy BITCOIN from Binance...you can also buy from a legit
Nigerian website or Foreign websites.
If you are buying Bitcoin or USDT or other coins from BINANCE, you will use
*BInance P2p*
You must *verify your Binance account* before you can use *Binance P2p....*
Binance p2p, is also good for you If you want to withdraw your money *(Gains
from Trading*) to your *Nigerian Bank Account.
This post will will help you in how to *verify your Binance account* and also
*buy Bitcoin or other coins* from Binance.
https://www.globaltechedu.com/2021/02/how-to-trade-on-binance-p2p.html

19
Ensure you check the sellers *minimum price*, *good rates from previous
transactions* on Binance p2p.
Nothing to fear. Binance will act as an intermediary. There is a button for
complaints during transactions. Binance will penalize the seller who is the
defaulter of the transaction, and your Bitcoin will be released to your Bitcoin
account, instantly.
You can also buy Bitcoin from uncountable Nigerian websites... You Just go and
*copy your Bitcoin wallets address* by *following the instructions* from the
*tutorial above*.
The one I normally use is Naira4dollar.... This post will help you on how to buy
Bitcoin from Naira for dollar..
https://www.globaltechedu.com/2021/04/naira4dollar-review.html
You can buy from anywhere you think is legit....
But I'm giving out the *links above* for the sake of Newbies in
Cryptocurrency.
*HOW TO MAKE PROFITS DAILY WITH CRYPTOCURRENCY
TRADING SIGNALS....*
ABOUT SIGNALS?
A signal tells us the name of the coin to buy, amount to buy it and the profit
we are to make from selling it off.

20
In case you don't know what a signal looks like or what we'll be doing with
signals and how to make profits with it, this is for you.
Buy *HBAR/BTC* on Binance
Buy@ 0.00000145
Sell Price1@ 0.00000155(7% Profit )
Sell Price2@ 0.00000159(10% Profit)
Sell Price 3@ 0.00000166(15% Profit)
Sell Price 4@ 0.00000181(25% Profit)
Stoploss@ 0.00000137(5% Stop Loss)
The above is a typical example of a signal.
Note: It means you are buying HBAR (left one) with Bitcoin (The right one)...And
you sell it off (HBAR) at a limit price immediately after buying.
A. ANALYSING THE TRADING SIGNALABOVE
Let's analyze the signal above.
From the signal, we use the coin on the left (BTC) to buy the one on the right
(HBAR). E.g "HBR/BTC" . Check Up...
The second part is the "LIMIT PRICE" or "BUY LIMIT".. E.g. Buy @
0.00000145
Check up. (but it is good to buy at "market price" so the trade will execute
immediately. You'll understand later).

21
The third, fourth, and fifth ones are "SELL LIMIT". E.g.
Sell Price 1 @ 0.00000155(7% Profit )
Sell Price 2 @ 0.00000159(10% Profit)
Check up.
B. MUST BE UNDERSTOOD?
- STOP LIMIT
- LIMIT ORDER
- MARKET ORDER
- STOP LOSS or STOP LIMIT
A stop-loss order is an order placed with a broker to buy or sell a specific stock
once the stock reaches a certain price. A stop-loss is designed to limit an investor's
loss on a security position. It is used to minimize risks. E.g.
Stoploss @ 0.00000137(5% Stop Loss)
Check up.
- LIMIT ORDER
A limit order is an order that you place on the order book with a specific limit
price. The limit price is determined by you.

22
So when you place a limit order, the trade will only be executed if the market price
reaches your limit price. Therefore, you may use limit orders to buy at a lower
price or to sell at a higher price than the current market price.
- MARKET ORDER
In Market order, trades are executed instantly at the current market price (That
is, your trade will execute immediately when you set your price at the current
market)
The image below shows the market price on Binance.
The yellow arrow in the image above shows the *current market price* of
*XRP/BTC* pair... It is the *market price* that *fluctuates*

23
That's why it is said that the cryptocurrency market price is always *volatile*.
That is, it is *fluctuating*. It goes up and down.
C. TRADING THE SIGNAL (HOW TO TRADE SIGNALS)
Let's assume we want to use the XRP/BTC pair signal as indicated below.
XRP/BTC
Buy @ 0.00002168
Targets:
0.00002340
0.00002470
0.00002590
(calculate 5% stop loss)
And we can have uncountable signals. See below.
For example, DOGE/BTC, CHZ/BTC, ETH/BTC (This means we are using
bitcoin to buy the coin, and sell the coin off at the target price or limit price).
See another example: DOGE/USDT, CHZ/USDT, ETH/USDT (This means we
are using USDT to buy the coin, and sell the coin off at the target price or limit
price)
The reason why I like USDT is that it is a stable coin... If you are not trading
USDT, you are missing.

24
1USDT = $1
So it very easy to trade other coins with usdt since you will be calculating it in
terms of a dollar
So Now, let's go to the main business.
Let's assume we want to use the XRP/BTC pair signal as shown below to trade.
XRP/BTC
Buy @ 0.00002168
Targets:
0.00002340
0.00002470
0.00002590
(calculate 5% stop loss)
Here we go.
Now, LOGIN ON YOUR BINANCE APP.
Click on the search button at the top of the app, and type XRP.

25
Look for XRP/BTC and click on it...
The part I circled blue is our LIMIT PRICE, while the part circled RED is the
CHART.

26
As the price goes up, the limit price also goes up. And vice-versa. So click on
BUY.

27
The image above shows that you want to buy at the limit price. If you enter the
*limit price* (0.00002168), see the *yellow circle* in the image above.
If you click on *100%* (see the blue circle in the image below), that shows you
are buying the *XRP* with *all your BTC balance*. It will then show the
*number of XRP* you intend to buy (showing "13" as seen from the "red circle"
in the *image below*).
Then you click on the "buy XRP" in the "green button below".

28
Note that buying at the limit price *is not executed immediately*, you have to
wait till the *market price* falls to the limit price.
For instance, assuming the *current market price* is *0.00003654*, and you
want to *buy* at *lower price* of *0.00002500*, you have to follow the steps
above to set up your buy order.
So when the market price reduces to *0.00002500*, the *buy order* will be
executed immediately.

29
The image above shows *different buyers* who want to "buy at a different
limit price". The *buy order* of the different buyers is circled in *yellow* as in
the image above.
So when the market "current market price" falls down to hit each buy limit,
*each different buy order* will be executed.
NOTE: But since you are *trading signals*, always *buy at current market
price*. This transaction will *execute immediately*.

30
Always buy at the "MARKET ORDER (PRICE)" instead of the "LIMIT PRICE
ORDER"
Follow the "instructional steps" to "buy at the market price. See screenshot
below.
Click the *drop-down arrow* under the *Buy button* and select *"Market".*
The *number* (showing 13) under the *market price* circled in *Red* indicates
the *amount of XRP* that will be *purchased*. Then, select "100%" to "buy
XRP". See the image below.

31
This transaction will *execute immediately.*
And the blue circle in the image below also shows that "no open buy order".
Which means it is already successful. That is, you have used your *Bitcoin* to
buy *XRP* at current market price.
To *confirm order*, click on *icon circled in Red* as shown from the
screenshot below.

32
After clicking the icon in "red circle", Then click on "order history" , as shown
from the screenshot below.

33
Then the XRP/ BTC written in Green indicates a successful buy.
NOTE: AFTER *SUCCESSFUL BUY*, YOU PROCEED TO *SELL OFF
IMMEDIATELY* AT THE TARGET PRICE, UNLESS YOU INTEND TO
*HOLD*.
TO *SELL*, Click on the *back button,* or *search for the coin again*.

34
Then, Click on the *sell column*.
Click on the *drop-down arrow*. See the screenshot below.

35
Then change the *order type* back to *LIMIT ORDER*. See the screenshot
below.

36
And Input any of the *SELL PRICES* you prefer, preferably the *sell price 1*,
and Click on *100%* and proceed to *SELL.* see screenshot below.

37
We choose *100%* and click on *SELL XRP*
(Note: You can choose 25%, 50%, 75% or 100% of your bitcoin balance.
Choosing 100% shows that you are using all your Bitcoin balance to buy XRP)
Then you will see your *sell open order* as seen from the screenshot below.

38
When the *current market price* reach the *sell target*, you will make *good
profit*.
Your *Bitcoin balance* increase.

39
The image below shows *different sellers* who want to "sell at a different limit
price". The *sell order* of the different sellers is circled in *yellow* as in the
image below.
:Note the following instructions when trading signals
NOTE 1: Buy* at *current market price* and *sell* at "limit" or target price*.
NOTE 2: Always use the *SELL PRICE Target 1*, because it is *faster* for the
current market price to reach..
That's all about trading with signals

40
HOW TO CANCELAND SELL OFF A SIGNAL or OPEN ORDER
[We'll use AMB/BTC as reference]
1.Go to the open order trade
2. Then cancel the particular signal you Want to sell off
3. After canceling, you then immediately search for the signal again as if you want
to place a trade (Example: amb/btc)
4. You then go to the sell column, click 100% and click sell immediately
{Don't input any sell price limit. just tap 100% and tap sell}
5. Wait few minutes for it to disappear from your open order
6. That's all
HOW TO GENERATE SIGNALS TO MAKE PROFIT ?
Generating signals is the most difficult aspect because *without signal, there is no
trade* and *without trade, there is no profit*
We have made things easier for you, SO TO GENERATE SIGNALS TO GET
PROFIT, JOIN THE SIGNAL GROUP CREATED.

41
WE GENERATE DAILY SIGNALS 24/7 WHERE THERE IS ENOUGH
OPTION FOR YOU TO CHOOSE FROM, WHICH GIVES YOU 90% SUCCESS
RATE.
Here are examples of signals we generate.
*CHR/BTC*
BUY @ 0.00000565
SELL PRICES:-
1) 0.00000623
2) 0.00000654
3) 0.00000696
4) 0.00000777
Calculate For 11% StopLoss.
*PERL/BTC*
BUY @ 0.00000160
SELL PRICES:-
1) 0.00000169
2) 0.00000194
3) 0.00000229
4) 0.00000249
5) 0.00000269
6) 0.00000299

42
*OST/BTC*
BUY @ 0.00000050
SELL PRICES:-
1) 0.00000052
2) 0.00000056
3) 0.00000061
4) 0.00000066
Joining the signal group is *JUST A ONE TIME PAYMENT OF N2000 (or $10
with foreign payment) ONLY*
To join the signal group, call or chat this number: 08105563657 or click the link
below to chat me up on Whatsapp:
https://wa.me/2348105563657
Happy Trading

Binance Cryptocurrency Trading Guide

More Related Content

What's hot

Similar to Binance Cryptocurrency Trading Guide

Recently uploaded

Binance Cryptocurrency Trading Guide