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Are You Having Trouble Finding Trading Apps Like Etoro?

Are you having trouble finding trading apps like etoro? As a beginner or expert trader, you must have often heard of the eToro trading application. The eToro trading application is well known among many people because it has been promoted on many social media platforms, so many people have used this application.

However, if you want to use trading applications other than eToro or trading apps like etoro, you are in the right article.

One of the trading apps like etoro that you can use or try is the Binance trading app. Here is a further explanation.

Being a trading app like eToro is indeed a matter of pride because eToro is a popular application. In general, Binana is a platform for buying and selling cryptocurrencies that was established in 2017. Currently, Binance is the application that offers the most crypto coins, has low transaction fees, and processes high liquidity transactions.

Not only that, Binance also offers several interesting advantages such as its easy-to-use platform, has the largest collection of crypto assets, has a staking system that makes it easy for users to earn interest every day, as well as relatively low transaction fees and fast fund disbursement processes.

In addition to being one of the trading apps like etoro, Binance has shortcomings in terms of credit card and debit card transaction fees of around 2% per transaction, customer support is still not responsive, and of course cannot be contacted by telephone.

Is the Binance app suitable for beginners?

This application is of course very suitable for beginners, here you can have various levels to make trading easier for you. At level 1, this level is ideal for you as a beginner because it can be done with very little money.

Is Binance as reliable as other trading apps like etoro?

Of course, I can. The Binance application can be said to be very reliable in the field of cryptocurrency exchange. Also, Binance has very good security and of course it has been well validated too.

How does Binance work?

You can start by registering first or creating a new account on the BInance app. The registration is easy to follow and of course your data is safe by the Binance Company. The Binance verification process can also be said to only take 2 minutes, this verification process is identity verification.

How to trade on Binance ?

• Click the diamond button next to the Binance logo in the upper left and then click Exchange to redirect to the trading platform.

• Decide the cryptocurrency you want to sell or buy.

• Binance uses abbreviations. Enter the cryptographic token in the search box on the top right. For example, if you want to trade Dogecoin, write Doge for short.

• Choose the right coin to buy your desired cryptocurrency. For example, suppose you  buy Dogecoin (Doge) for Binance USD (BUSD).

• Now you can see all the information related to this crypto coin, such as a minimum price, percentage increase / decrease, trading volume, chart, etc.

• You can click "Buy Doge" at the bottom left. By default, it is set to purchase at the specified limit. You need to enter the amount you want to buy. For example, buy 100 Doges for 50 BUSD.

Decide the price you want to buy, set a limit and enter the  number of coins you want. In the table on the left, the  green and green numbers indicate the number of people who want to buy, and the red numbers indicate the number of people who have sold.

• Then. click “Buy Doge”.

That's a brief explanation of one of the trading apps like etoro, namely Binance.

 

Keyword: trading apps like etoro