No Experience? No Problem! Binance Copy Trading Full Tutorial for Beginners

[00:02] But how to start, where to learn, everyone gets a break here. But do you know that there is a method in which you do not need to be very knowledgeable. Meaning, there are some methods in which you

[00:17] Meaning, there are some methods in which you will go to the screen and I will tell you practically. If you are a complete beginner. The first thing that is required to trade crypto is that you must have an

[00:31] account on any exchange. If you ask me, I recommend Binance, which is the best exchange in the world. So it is very easy to create an account here. I have also given the link in the description. You

[00:45] can also go and sign up your account right now. If you have any problem with sign up, please ask in the comments. Now that our account is signed up , the next thing to do is to trade. But there is some confusion in the minds of people regarding trading. Many

[00:58] people think that we can trade within our park rupees. A lot of people think we can trade within the US dollar. Whereas in the world of crypto, if you want to trade, then it

[01:13] which is most commonly used. Apart from this, there are other stable currencies also. But the most widely used one is USDT. Now if you have created an account and you want to start trading then the first thing that is important to learn is

[01:26] how to get USDT. How to make deposits? Now I have already tell you that brother there are two to three ways to deposit USDT in Binance account. One way is to ask a friend of yours to

[01:42] send USDT to your Binance account and you and you will get USDT. The second method is P to P, which is a little

[01:56] risky. It depends on who you are buying and selling from. If, God forbid, that person turns out to be a fraud, not only can your accounts be frozen but it can also create more problems for you. Third way, we are sitting in UAE. It is

[02:09] very easy for us. We buy USDT from Dim through bank accounts only. Now you have made the deposit. Now the next thing comes to trade. Because everyone makes deposits in some way or the other

[02:21] and nowadays every other person has a crypto exchange, so transfers are done from there also. Now that you have made the transfer, you have a verified Binance account. You deposited USDT inside it. Now comes the stage of trading. Now there are

[02:34] two ways of trading. Either you learn and to learn you need a lot of time, practice, back testing, you have to see something big. Only then you become a good trader. And so is the methodologist. You have to follow this pattern.

[02:48] But if you want to follow this pattern then you should work hard and learn. But if you work hard and learn. But if you , which is called copy trading. How is copy trading done? Now

[03:01] we will go to the screen and try it practically. But before going to the screen, you have not yet subscribed to the channel, please do so. It is absolutely free of cost. If you press the bell icon, you will also get timely notifications for every upcoming video. Let's

[03:14] not waste time and move towards the screen. Yes. So we came to the screen. First of all, there are three lines on the top left side. You have to click on them your account is verified or not. Verified is written below our account.

[03:28] sign up video which I have given you in the description below, I have also told you the method of verification and the interesting thing is that the method of first deposit has also been told in it. You will benefit if you watch the entire video. After that we have to come down to More

[03:41] Service. Come to More Services, click on the search bar at the top and copy. As soon as we write the copy, the copy trading feature will appear before us. As soon as you come to copy trading, you will see that some

[03:54] profiles will start showing up here. But while this profile is being shown, we can see two things above which are very important in copy trading. At the top is Future and next to him is Spot. I clicked on this as well. We have always had spot

[04:09] crypto trading. Do n't go into the future. This is not correct even from the Islamic point of view. And financially too, it has very dire consequences. So, we're inside the spot. As we come to the spot, here are some profiles

[04:23] present in front of us. These are the people who are already trading. And what do you have to do ? These have to be copied. When you copy, the trades that he takes will start getting executed from your account as well. Now these are recommended shows.

[04:36] Some who are coming. You can also go to All Pay. As soon as you come to All Pay, you will see many more people here, see how many people are there. Now here we have to check some things to see what kind of trader this guy is. How many days have you been trading?

[04:50] What is its ROI, whose ROI will be at least around 15%. So you can tell him that brother he is a good trader. Well here is a brother from Crypto Arabia UAE Well here is a brother from Crypto Arabia UAE whose ROI is 97.88%.

[05:04] Wow amazing. Now again here we will also have to see in which coin and token they are trading. Ok? For example, if we click on it, then its entire portfolio will appear in front of us. Its leading balance is

[05:17] $32,194 and using this it has and using this it has generated a good profit. ok sir. ROI is here. His profit and loss has made this profit of $15,925. Which is a very good

[05:32] profit. Its graph is also visible below here. And the tokens in which the assets it has traded are ZIL and Vanry. Now here he is an inside trader. He already knows what is going to happen Bhaijaan. Which way

[05:45] is the market going and it made a good profit by trading on these tokens. Now, of those who Here you can see above under the copier, whereas a total of 300 people have copied it and till date 2067 people have copied it. Now

[06:03] click on Simple Copy. I am not saying copy this. You have to come and do research. You have to watch PNL and work on the one you like. Now the minimum amount we need to copy trade is $00. You

[06:16] can start copy trading with just $100. Now fixed amount and fixed ratio are written at the top. Fixed ratio means that if the other person has a wallet of $1000 and you have a wallet of $100, then out of $1000, he is buying BTC worth $100.

[06:30] Meaning if 10% is buying BTC then you will also buy BTC with $10. Because you have $ in your wallet. So they move ratio wise. If it was a fixed amount, then if he bought $ then yours would also have been bought automatically for $. And this is not a good thing. I would

[06:44] recommend you to stick to a fixed ratio. ok sir. From here you have placed a stop loss, you can do so. If you don't want to apply it then don't. Let us apply 10%. We have to leave the rest of the things at default. After that we will confirm it. As soon as we

[06:58] confirm, our copy trade will start here. But before that I want to tell you one more thing. That is pay preference. I will click on this. I want to unselect all this, friend. And the tokens I

[07:11] want to trade. For example BTC, Ethereum, BNB and only if that person trades on it then I can also trade on it. I think it was not selected. Well first let I think it was not selected. Well first let me do this Select All then Unselect

[07:25] All. Ok? Now I do BTC, BNB & Ethereum. ok sir. When confirmed, these three tokens have arrived here. But now if you do this work and you also confirm it. The copy trade will open but

[07:40] you will see that 0 is written. Why is he coming now? Because that guy is not trading BTC, Ethereum and BNB. I have shown you his assets in which he is doing this. This means that first you have to shortlist yourself

[07:52] which tokens/coins you want to trade. After that, accordingly, such people have to be found who are trading in these assets. Then you have to come here and do all the processes you simply have to confirm and your copy trade is executed. If you go to view details, you will

[08:07] see that the trade is from G$. Copying is written. If you click on Simple Copying. Now here you have two options. Here you can increase your balance. Your friend is a good guy. It is giving good profit. Make it

[08:20] 200 instead of 100. You will click on Adjust Balance and from here you will increase your amount. If you want to pause it, turn it off, then there is a power button on the extreme right. You can close copy trading by clicking on it. And

[08:33] your $1 goes back into your wallet. In the spot wallet. You can change the pair by going to settings. You can change your stop loss etc. So this brother, this brother is an easy method. Now we click on Power and confirm the copy trade and

[08:47] close it. And you will see that right now you can ask any question in the comment section. Inshallah, I will meet you

[08:59] in the next video. Take great care of yourself. Long live Pakistan.