For holding BNB, you will receive an extra 10% discount on Binance trading fees (make sure to enable this option if you like). If you are trading for high volumes on Binance, you should consider holding BNB. Fees schedule of Binance fees can be found here. You can buy Bitcoin in a few different places online, I mostly recommend Coinbase as it’s one of the biggest and most trusted platforms out there. If you use this link, we’ll both score $10 of free Bitcoin when you sign up. Once you have your Bitcoin, you can then send it to a cryptocurrency exchange where you can purchase hundreds of other coins using your Bitcoin. Check out this post for ... If you want to make serious money with Bitcoin, then Day-trading the cryptocurrency markets are bar far the superior option. The cryptocurrency market operates almost in the same manner as the forex and stock markets. Buyers and sellers meet on a platform, also known as an exchange, and trade cryptocurrency with each other in the hope of making a profit from the arbitrage. Cryptocurrency ... To start trading, you need to choose a trading pair—pairs of coins that Binance offers an exchange rate for. For example, Bitcoins can be traded with 143 different coins. So, if you deposited Bitcoins on your Binance account, select BTC on the top right corner and select the coin that you want to exchange Bitcoin for. If you’re unsure whether day trading is the right strategy for you, check out A Beginner’s Guide to Cryptocurrency Trading Strategies. In that article, we explain many different strategies that can be suitable for active traders, for example, swing trading. Getting familiar with these strategies can help you make a better choice when trying to find your trading style. Extra tips to make money trading with Nigerian Naira on Binance P2P. Create your own local crypto trading business. Buy and sell crypto in your local market at Binance P2P, you can earn from a couple of hundred to over $ 5,000 every day. You have the opportunity to post your own ad and provide a competitive price that other traders could not ... Cryptocurrencies are the future of money, do not be left out of this incorruptible system of value exchange. You can drop whatever questions you may have in the comment below, and I'll be glad to answer them. #bitcoin #btc #BNB #Binance #mybinanceclass #crypto #cryptotrading First, you would need to purchase a cryptocurrency like Bitcoin or Ethereum using fiat, and then you can deposit that into Binance and trade for other coins. This also means that you can only withdraw cryptocurrencies from the Binance exchange, too. UPDATE 2020: Binance now accepts multiple fiat currencies, including USD, EUR, GBP, and so many ... There is huge potential to make money on trading in Bitcoin, ... Binance, Bitstamp, KuCoin, Poloniex, GDAX, Cryptopia, Huobi and YOBIT. The bot works 24 / / 7 with any device as it is a web-based service so you can monitor your trading dashboard on mobile as well as desktop and laptop computers. It allows you to set stop-loss and take-profit targets and also has a social trading aspect which ... Discounted Trading Fees. The chief benefit of the BNB token, and one you wouldn’t get as a stock owner, is a discount to your trading fees on Binance. Typically trading fees are 0.1 percent, but for those who hold BNB in their exchange wallet at Binance, those fees are lowered by 25 percent to just 0.075 percent.
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