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How to Trade on Binance: Complete Beginner's Guide

0h 12m video Published Jun 5, 2026 Transcribed Jul 14, 2026 K Kamao Aur Kamane Do
Beginner 6 min read For: Complete beginners who want to learn how to trade on Binance, including account setup, deposits, and spot/futures trading.

AI Summary

This video provides a step-by-step guide on how to trade on Binance, including account setup, KYC verification, and participation in the limited-time Binance Spin Fest campaign with a $1.5 million reward pool. It covers spot and futures trading, deposit methods, and key trading concepts like leverage, limit orders, and market orders.

[00:02]
Video Purpose

The video aims to teach viewers how to trade on Binance, covering essential steps in minimal time.

[00:16]
Account Creation and KYC

Viewers must create a Binance account and complete KYC to become eligible for trading. A link is provided in the description.

[00:44]
Binance Spin Fest Campaign

Binance is running a limited-time rewards campaign called Binance Spin Fest with a $1.5 million reward pool, running from June 4 to June 25, 2026.

[01:56]
How to Participate in Spin Fest

Users need to click 'Join Now' on the campaign page and complete tasks such as spot trades of at least 5 USDT or futures trades of at least 5 USDT to earn spins.

[02:49]
Volume-Based Tasks

Generating a total trading volume of 50 USDT or more (including spot and convert) earns two additional spins.

[03:16]
Terms and Conditions

Rewards are subject to eligibility and risk checks by Binance. Some trading pairs may not count towards volume. Users should check the campaign page for details.

[03:42]
Deposit Methods

To trade, users need USDT. They can buy via P2P trading, on-chain deposit (select network chain), or receive from another Binance user.

[05:15]
Transfer to Futures Wallet

For futures trading, users must transfer funds from Spot wallet to Futures wallet via the Transfer option.

[06:09]
Spot vs Futures Trading

Spot trading is for long-term holding; futures trading is riskier and allows leverage. In India, crypto gains are taxed at 30%.

[06:33]
Trading Interface

The home page provides access to markets, trade options (convert, spot, futures), and order types (limit, market).

[08:08]
Order Types

Limit orders allow buying at a set price; market orders buy at current market price. Other advanced order types are available.

[09:30]
Leverage in Futures

Leverage up to 150x is available, but beginners are advised to use 10x or 20x. High leverage is dangerous.

[10:11]
Trading Pairs

It is recommended to trade in top pairs with good volume to avoid liquidity issues.

[10:23]
Buying and Shorting

Futures allow both buying (long) and selling (short). Users can analyze charts and use indicators to decide direction.

[11:54]
Take Profit and Stop Loss

TP and SL are essential to automatically close trades at profit or loss levels. Users must set these before placing an order.

The video provides a comprehensive beginner's guide to trading on Binance, covering account setup, the Spin Fest campaign, deposit methods, and spot/futures trading mechanics. It emphasizes the importance of understanding risks, especially with leverage and futures trading.

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"Title promises a complete Binance trading guide and delivers exactly that, including a bonus campaign overview."

Mentioned in this Video

Tutorial Checklist

1 00:16 Create a Binance account and complete KYC verification.
2 01:56 Click 'Join Now' on the Binance Spin Fest campaign page.
3 02:10 Complete tasks: spot trade of at least 5 USDT, futures trade of at least 5 USDT, or convert trade of at least 2 USDT to earn spins.
4 02:49 Generate total trading volume of 50 USDT or more to earn additional spins.
5 03:42 Deposit USDT via P2P, on-chain deposit, or receive from another Binance user.
6 05:15 Transfer funds from Spot wallet to Futures wallet for futures trading.
7 06:33 Navigate to Trade section and select Convert, Spot, or Futures.
8 08:08 Choose order type: Limit (set price) or Market (current price).
9 09:30 Set leverage (recommended 10x-20x for beginners) in futures trading.
10 11:54 Set Take Profit (TP) and Stop Loss (SL) levels before placing an order.

Study Flashcards (10)

What is the reward pool for Binance Spin Fest?

easy Click to reveal answer

$1.5 million

00:44

What are the dates for Binance Spin Fest?

easy Click to reveal answer

June 4 to June 25, 2026

01:12

What is the minimum spot trade amount to earn a spin in Spin Fest?

easy Click to reveal answer

5 USDT

02:10

What is the minimum convert trade amount to earn a spin?

medium Click to reveal answer

2 USDT equivalent

02:10

How many spins do you get for generating 50 USDT trading volume?

medium Click to reveal answer

Two spins

02:49

What are the three methods to deposit USDT into Binance?

medium Click to reveal answer

P2P trading, on-chain deposit, receive from another Binance user

03:56

What is the tax rate on crypto gains in India?

easy Click to reveal answer

30%

06:21

What is the maximum leverage available on Binance futures?

easy Click to reveal answer

150x

09:30

What leverage does the video recommend for beginners?

easy Click to reveal answer

10x or 20x

09:43

What do TP and SL stand for in futures trading?

easy Click to reveal answer

Take Profit and Stop Loss

11:54

💡 Key Takeaways

📊

Binance Spin Fest $1.5M Reward

Highlights a limited-time promotion with significant rewards, encouraging viewer participation.

00:44
💡

Spot vs Futures Explained

Clearly distinguishes between long-term holding (spot) and risky leveraged trading (futures), crucial for beginners.

06:09
⚖️

Leverage Warning

Emphasizes the danger of high leverage and advises beginners to use 10x-20x, promoting responsible trading.

09:30
🔧

TP and SL Importance

Stresses the necessity of setting take profit and stop loss orders to manage risk automatically.

11:54

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[00:02] on Binance or how to trade in Binance, then understand that you have clicked on the right video I am going to tell you all those things in minimum time which are very important for you to know. Now see, most of you would have

[00:16] who have not created an account, so first of all you should create your account as soon as you complete the KYC, only then you become eligible to do trading. So if you have not created an account then

[00:29] I will give the Binance account opening link in the description of this video. You simply have to click on it. Step by friends, if you face any problem while opening the account, then can check out this video. By looking at this you will be able to open an account for yourself very easily.

[00:44] want to learn trading in Binance then there is a great good news for you. Look, Binance is currently running a limited-time rewards campaign called Binance Spin Fest. Its concept is quite simple. Binance has set aside a reward pool of $1.5 million.

[00:56] So anyone who participates in the Spin Festival will suppose you participate in this, then you will have to complete small tasks then as soon as you spin those spins,

[01:12] what is the best part? The tasks you have to complete are the ones what exactly needs to be done? You will know in a while. By the way, this spin festival has started today i.e. 4th June 2026 and will continue only till 25th June 2026. So

[01:27] if you are watching this video in the meantime then you should definitely participate. Now See, the first step is that you should have an account in Binance. So if you do in the description of the video. Click on it and open your account.

[01:41] suppose you have already created your account in Binance. If you do not know whether you have then you can check it from here. If Verified is visible, it means KYC then complete the KYC. After that comes the most important step. You need to

[01:56] After that comes the most important step. You need to click on it. You will reach that page. There you will see the option of Join Now. Then you have to complete the task. Spence has to collect. Now understand exactly what needs to be done in the task.

[02:10] Spence has to collect. Now understand exactly what needs to be done in the task. convert trade of at least two USDT equivalent, task is that as soon as you complete your spot trade for at least 5 USDT or

[02:23] more, you will get another spin. The third task your first future trade of at least 5 USDT or more, you will get one spin. But you have to keep in mind that future trading is high risk.

[02:36] fourth task is to you will get one spin. Now suppose if you want more spins then

[02:49] you will have to complete volume based tasks. See, once you generate a total trading volume of 50 USDT or more, including spot and convert, you will receive two spins. And if you

[03:02] is that the more tasks you complete, the more spins you will get and the But yes, Binance also has some important terms and conditions which you should know. See, whatever rewards there are, they will be available only after proper eligibility and risk check by Binance.

[03:16] specific trading pairs whose volume will not be counted in the calculation. So friends, I would say that you should check the terms and conditions of the campaign yourself once so that there is no confusion and yes, you can check the status of the rewards directly by

[03:28] going to the campaign page or the reward hub. Then what are you waiting for? Now go to the Go ahead and click on it and check it out. Now friends, to trade in Binance, create your account in Binance and come to the home page, this type of screen will

[03:42] trading, first of all you will have to cannot deposit IAR directly. If you want to trade here, you will need USDT. Now if you want, if you have this USDT

[03:56] any of your friends or relatives have it, you can take it from them also. Or suppose you want to buy, then you can buy with the help of P2P. How can you do it now given. The first is pee to pee trading. As soon as you click on it

[04:09] , this screen will appear in front of you. Now there are a lot of people here who are waiting to sell their USDT. So suppose if you want to buy then Then here you will know through which method you will have to make the payment

[04:22] click on Place Order. Now if we talk about the second option, then see, on-chain deposit is given here. As soon as you click on it, you will be asked which USDT you want to order. Then here it will ask you to select the network chain. For example, suppose

[04:35] I select Aptos and after that deposit address will appear. Then you simply have to share this with whoever you want to order from if you are ordering from any other platform

[04:48] ? Copy the deposit address. You have to enter the amount of USD you want to send and received here. Now friends, the third option is Receive Crypto from Binance User. So suppose you have a friend, relative or any acquaintance

[05:01] order from him, then what will you do simply? We will choose this option. Now friends, if you go downwards, the last option you will get is Assets. In this you will get to know are available with you and in what quantity. Now suppose if you want to

[05:15] you will have to transfer money inside the future wallet. Only then can you trade. After going here, you have to click on Simply Transfer. After clicking on this, you get the option at the top. From where to transfer

[05:28] look here, the spot wallet is given in the top right corner. So you will select this. you simply have to select it. Like in my case it is lying here in Earn, and after that if I want to order in Futures then how much do I want to order, if

[05:42] USDT and after that see, a check box is given at the bottom. You You will click on Confirm Transfer and you can see that it has already arrived in the Future Wallet. So now I can trade futures if I want to. Now

[05:55] in that case you will have to call for funds in your spot wallet. who may not be able to understand what is the difference between spot and future? So, understand it this way, suppose you want to hold any coin for the long term, then

[06:09] what you will simply do is buy it on the spot and So the buying and selling that takes place within it is called spot trading. Now see friends, you yourself must know one thing that if you hold crypto in our country, then

[06:21] know one thing that if you hold crypto in our country, then So what do many people do to avoid paying this tax But trading in futures is very risky in itself.

[06:33] How can you trade now? Let me quickly tell you that too. What do you simply have to do for that ? You have to come back to the home page. Now look here, I will tell you that quickly. The first is that of the markets. So inside this you will get

[06:46] to see all the pairs in which you can trade. After that, if you click on Trade, then this screen will appear in front of you. see multiple options. The first option is to convert. Now

[06:59] what is this convert? For example, suppose you have bitcoins. From that you have to convert it into USDT. Where do you want to convert from? We will select this. So if you have Bitcoin, select Bitcoin and then here you will have to select what you want to convert that Bitcoin into.

[07:11] Multiple coins are given. You can select whoever you want. you will select it and after that you will have to enter how many Bitcoins you want to convert into BNB and after that

[07:24] I told you about their campaign, you This is where you have to convert. After this, you will click on the spot, you want to buy, sell or hold any coin.

[07:40] you have to click on the spot. After that, from here you can select in which pair you want to invest. Look here there are many of you who would be looking to buy Bitcoin. Someone might be looking to buy Solana.

[07:54] So whatever you want to buy, you simply have to click on it. For example, let's say we Then you have to buy or sell. Then here you get the option you get to see multiple options. Now see,

[08:08] is the limit. What does limit mean? Look, you do not have to buy at whatever rate is prevailing in the market. If you want to buy at your rate, you can set a limit bought automatically. Apart from this, the second option is the market.

[08:22] You will buy it at whatever rate is prevailing in the market. Then if you look downwards, many more types of options are available. You can choose these also. Now see, if I very long unnecessarily. You can do one thing. You can read about them yourself.

[08:35] complete details are given well on the Binance platform. If you click on income, you will All the details about how the limit works are given. The method by which a market order limit order, stock market order. So you can check all the things from here.

[08:49] And after that you can select it. You have to select which order type and Then you enter the amount and then you have to click on Simply Buy BTC. And when you have bought it, then you feel that its price has increased a lot and you want to

[09:03] come to sell and after that you have to select again whether you want to place a limit order as soon as you select, the options will come again, so you can select from here and friends, if you want to invest for the long term then you can trade in spot.

[09:16] But as I said, 30% tax has to be paid in India. in that case you can trade in futures which is very risky in itself to see a lot of leverage. Now let me quickly explain to you what this leverage is.

[09:30] you will have to click on futures. Look here you can see 20x. As soon as you click on it, you will see that in this particular pair you can take leverage up to 150x. Meaning if you have ₹1000 then you can trade with ₹1.5 lakh.

[09:43] dangerous leverage can be taken from here. But my suggestion would be that you should not take so much. If you are new then try to keep it around 10X or 20X. Do n't take more leverage than that. Now look here, first of all you have to decide

[09:57] want to trade. So as soon as you click on this, many pairs will appear in front of you again. But my suggestion would be that if you still want to trade, then trade only in the top pairs mentioned above because there is a good volume in them. Now suppose

[10:11] you trade another pair below. You have bought it but if you are not able to find anyone to buy it, then So if you do not want all that, then in that case you should trade only in the top pairs. For example, suppose now I want to do it in Ethereum here, then

[10:23] See what is the best thing about futures trading ? Here you can buy and also short, that is, you can also sell. Now how will you make this decision whether you want to buy or sell? So in that case, first of all

[10:35] As soon as you click on it, the entire chart appears in front of you. You can analyze this chart as per your convenience. Look at the top, different time frames are given. study. Then what do you think? The market is going up or down

[10:48] Apart from this, friends, here you also get the option of indicators which in which direction the market is going. If you want to use indicators then you will if you click here, you will see that the option of indicators is given. Here

[11:02] also you get to see many indicators. So you can use these also. many more options given at the top. Like here there is an info option. So in this you will get more information about this particular pair. If you

[11:15] option of square is given. So, whatever news is going on related to that particular pair, you will get to see all that information here. Along with this, what happens to this trade X option? Look, there are many experienced traders,

[11:29] you can see what they are trading from here. Recommendations are also available here. So if you want, you can also copy their trades. After that, you have decided whether you want to buy or sell. you will be able to select the type of order you want to place. So if you want to place a limit, you can

[11:42] buy at whatever price is prevailing in the market, then place a market order. After that, get the option to set the price in the limit order. But you will not get the option to set the price. Directly here it will be bought at the market price

[11:54] You will have to enter here the amount of trade you want to take. After that, look at the bottom, you will find three more options. So the most important among these are TP and SL. What does it mean? TP means take profit.

[12:07] So the trade should be executed automatically. Apart from this, depending on the loss incurred, the trade should be automatically executed and cancelled. You must set this. After that, here you can set the price in take profit and

[12:20] you will simply click on Buy. This order of yours will be executed. So friends, this is the complete method if you want to trade in Binance. In these confusion in your mind, you can ask by writing in the comment box. I will definitely make a video on that.

[12:33] for you in the description of this video and in the comment box. check it out. Hope you liked the video. If you like the video with all your friends. I will see you in the next video

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